Overall, I found the cost to be the same whether you paid the commission separately or have it included within the spread. MT4 NextGen is a more advanced version of the MT4 platform with some additional features including advanced management tools, enhanced ordering and sentiment trading. You can get it for free when you open a live account and deposit a minimum of at least $1,000. Axi has worldwide, multilingual customer support to assist its clients 24/5. Customer support is available through live online chat, phone, and email. Furthermore, the clients are assigned personal account managers for a more personalised experience.
Please bear in mind that while different authorities govern the broker in different regions, each market has its own set of restrictions. The broker’s safety is enhanced by the fact that a top-tier financial body regulates it. I got contact from my account manager (yeah, never had one apart from TD Ameritrade) within 30 minutes if receiving account approval. They have good plug-ins for MT4 and cool analytics tools that help you be accountable (that you should if you want to be a profesional trader).
- However, you must do your own due diligence and make your own decisions when choosing a broker.
- All the deposits are processed instantly while the withdrawals can take up to 5 days to settle.
- All of the courses are available for free to anybody, anywhere in the globe.
- The advantage of this platform is to find out trading sentiments, Market Insights, Correlation Traders, and Alarm Managers.
- They are regulated by respected agencies like FCA, ASIC, and DFSA.
If you want to find areas in which you can improve, this is a great tool. The correlation trader will show you the correlation between different instruments and can help to find potential trading opportunities and for order management. Axi accepts clients from all over the world, excluding USA, Canada, Iran and some other countries where restrictions apply. If they do not accept your country, you can look at our broker ratings for an alternative option.
Is Axi safe to use?
This means that in addition to classic currency pairs such as AUD / USD, GBP / USD and EUR / USD, there are also minor and exotic pairings. Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunities albeit with a more high risk. The most interesting offer from the broker refers to trading possibilities of IPOs as stock CFDs. Traders will be able to trade companies’ stock right after the company goes public enabling traders to make gains from early high volatility markets. Axi is part of a compensation fund and will provide its investors' refunds in case it becomes insolvent. Furthermore, all client funds are kept in segregated bank accounts as regulations suggest, which prevents the broker from touching and using client money for operational purposes.
The live chat is the fastest way to get in touch with Axi representatives. All these provisions come together to ensure that new traders can learn what they need to know before signing up for an account. If you need more tools to do your research, you can look through the market analysis section of the Axi website. Some of the tools found on Axi’s PsyQuation premium include the Order Flow Sentiment Indicator. That tool is not even comparable to the AI-guided analysis, which is the biggest reason why PsyQuation Premium works so well.
Generally good experience- professional at resolving tech issues
The quality of these educational and research resources appears to be slightly higher than the industry norms, and all the courses are created by active expert industry traders. The self-paced courses are flexible, allowing traders to review lessons as often as necessary. Additionally, courses are offered in 24 different languages since everyone can participate in the global trading community. Axi only permits withdrawals in compliance with established third-party transaction guidelines and stipulations.
Call centers do not harass customers at silly times with spoofed mobile numbers. The platform is friendly and efficient by auto generating and emailing log in details. Richard Gibson and Milan have been very patient with me and my team and have assisted in ever technical or financial issue we have had. I would recommend AXI trading and affiliation services to anyone. Axi is an award-winning forex brokerage service, which has been operating in 100 countries and providing service to 42,000 traders. However, Axi changed its name in October 2020, which was known as AxiTader from the beginning.
Research Tools
Hi i have tried other platforms and find AXI better due to more choices , even to have different leverage we can apply whuch other platforms dont have it . And also AXI services are awesome don’t have anything bad to say so far. 140+ FX pairs and Metals CFDs can be traded with an Axi account.
It also has several free educational videos that registered traders can watch to gain information. The Axi website and trading resources are easy to navigate and function well. The educational resources and the practice and copy trade functions mean to give the user plenty of options for learning to trade. If you choose to use copy trading, Axi provides a list of traders and their statistics. You also have the opportunity to set risk levels to suit your risk tolerance.
Final Thoughts on Axi
This regulation gives me confidence that they are a broker who I can trust with my funds, so I am able to focus on my trading without any worries. I would always prefer to use a regulated broker as they should always operate in a transparent manner. Axi has been regularly recognised around the world for our outstanding service, winning awards for reliability, trustworthiness, customer service and client satisfaction.
Why Axi
We don’t have much to complain about when it comes to the Axi platform. We highly recommend that you try out this regulated CFD broker for both beginners and advanced day traders. However, trading with the best forex broker can reduce the risk significantly, and Axi is such a broker, which you should know by now from this axi review. Axi demo account is a mirror of the real account, but you cannot withdraw any money from the account, and all the virtual deposits will be gone after 30 days. On mobile trading, you will be able to get features like the web and desktop. You can get real-time pricing, watch account history, customize charts, set notifications, and more.
There is always someone from the support staff available with offices in Sydney, London, Dubai, and Chisinau to answer its customer’s general or technical issues. Customer support is available in 12 different countries and six different languages. From my research, clients have mixed experiences with Axi customer support. Some might get a quick response and exact answer to their query, and others would not get a desired response. On top of that, customer support is only available 24/5, so some clients might not be able to get their problems resolved over weekends. If customer support was available 24/7 as it is at Plus500, that would be great.
I like the hassle-free withdrawal approach at Axi, as it adds to peace of mind when trading. Axi provides traders with the out-of-the-box MT4 trading platform and upgrades it free of charge with the Autochartist plugin. I like that Axi adds Autochartist, which can assist beginner traders. MT4 is the market leader in algorithmic trading and remains the most versatile trading platform.
When you trade indices with Axi you trade on the performance and price movements of stocks without actually purchasing physical ownership of an asset. Index trading is popular mainly due to the diversity they offer and flexible leverage. Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets. This is yet another excellent tool provided by the broker and something that I have not seen implemented by many others. If you want to take advantage of this tool, BlackBull Markets are an alternative option who also have it. The automated trade journal can help to improve trade analysis by automatically recording your activity.