Sep 05, · Cryptocurrency trading – AxiTrader allows its users to trade in Bitcoin, Litecoin, Ethereum, Dash, and Ripple where CFDs on the BTC & USD pair at leverage can be traded easily. Broker fees AxiTrader charges for social trading, precious metals, hard / Apr 15, · AxiTrader builds a solid foundation for traders to prosper in, and makes some compromises that fertilize their grounds even more. There are no nuisances, nor any major problems. With two solid regulators working back to back, AxiTrader is a great place to start or continue trading. Axi is a trading name of AxiTrader Limited (AxiTrader), which is incorporated in St Vincent and the Grenadines, number BC by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is Suite , Griffith Corporate Centre, PO Box , Beachmont Kingstown, St Vincent and the Grenadines.
Axitrader bitcoinAxiTrader Review | Crypto Option
As a traded currency, Bitcoin works in exactly the same way as any other FX pair. Because Bitcoin it is not a centralised currency controlled by a single bank or dominated by interbank dealers, the Bitcoin market moves quickly with retail demand and can be subject to significant price swings. Help protect your account and reduce your risk by choosing a trusted, respected and fully regulated broker. Risk Warning Cryptocurrencies like Bitcoin are extremely volatile and can move or jump in price with no apparent reason due to lack of liquidity and adhoc news.
There is little or no fundamental reasoning behind its pricing and as such trading CFDs in Bitcoin pose a significant risk to Retail Clients. While Axi only quotes Bitcoin during the week, it can trade over the weekend, meaning there could be a significant price change between Friday and Monday. It should only therefore be traded by those clients with sufficient experience to understand that they risk losing all their investment, or more, in a short period of time, and only a very small part of their portfolio should be used.
Open Account Try a Free Demo. Personal Institutional. Leave a Reply. You may also like. Latest forex news and scam warnings. Visit website Visit website Visit website Visit website Visit website. Deposit Withdraw December 2, Deriv: Login, minimum deposit, withdrawal time? Deposit Withdraw November 11, InvestLite: Login, minimum deposit, withdrawal time?
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Deposit Withdraw May 13, Goldman Banc: Login, minimum deposit, withdrawal time? Standard Account. Professional Account. Initial Setup Cost. Starting from 0. C ommission fees. Minimum Trading size. Minimum deposit. Investment Products. Mobile trading. MT4 NextGen. Up to Base currencies. D emo account period. EA compatibility. Myfxbook Autotrade. PsyQuation Premium. When we look at what forex trading platforms or software applications like Axi Trader offer, we realize that this broker does not provide a wide choice to its clients.
The firm uses the all-time popular trading platform, the Next Gen MetaTrader 4. Like other trading platforms, AxiTrader did not develop their proprietary trading application just to fulfill the needs of a minority of traders. AxiTrader does not charge any inactivity fee. Traders can download it for free from the Google Play store and iOS web-store, respectively.
The mobile trading applications are designed and developed by their internal team of software developers as well as tested by skilled traders before making them available for consumers through the web store. The primary reason why AxiTrader Forex trading platform prefers to use the popular MetaTrader 4 is that the application is built for traders of all experience levels. The application is extremely user friendly, and numerous world-class trading tools and graphs are available, which makes it ideal for all forex and CFD traders.
Further, traders can also use social-based trade communities like Auto-chartist and Myfxbook Autotrade, which is a Forex trading platform specially designed for new traders to follow the successful trading history and trade track record of other experienced traders. Many enhanced features of MetaTrader 4 have been made available through MT4 Next Generation which gives traders access to the following features:.
AxiTrader is rated the most dependable MT 4 forex firm based on the following five advantages:. AxiTrader offers ECN based broker tight spreads which simply means that the firm does not use a dealing desk instead connects all the traders in their platform to the centralized Electronic Communication Network ECN to trade directly with global financial liquidity pools, which consists of approximately 14 global top-tier banks.
As per our AxiTrader review, AxiTrader offers different types of trade accounts to its traders and does not charge any inactivity fee. The account opening process is simple and user friendly. To open an account with AxiTrader, all you need to do is — answer a few compliance questions, complete your application, submit a colour copy of your ID card, share your phone number, email ID, a utility bill or driving license, and then go ahead to fund your account.
Users do not have to share personal details like history of bank transfers, transactions, account details, or any bank statement etc. After opening an account, you can access the account through AxiTrader login! If you have any issues when trying to open an account, you can get in touch with the customer service through phone support, email address, or live chat. Remember many retail accounts lose money when trading in the financial markets.
So, do your own research before investing. Some of the primary highlights of each account include the following:. In , many financial investment reports claimed AxiTrader to be one of the top-notch and most trustworthy forex broker brands in the financial market.