Sep 05, · AxiTrader Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. % of retail investor accounts lose money when trading CFDs with / axitrader — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! AxiTrader’s has no minimum deposit requirements, you are free to deposit any amount. All requests are processed through the secured client payment portal. Additionally, a pleasant compliment from the broker to the trader benefit is that been recently changed, AxiTrader .
Axitrader btcusdAxiTrader Review is It Legit or Scam? All You Need to Know
Actually, and this is true that AxiTrader is known in the trading industry for its award-winning customer support. As well as all online transactions, executions or traders manipulations are fully encrypted and following operational guidelines.
AxiTrader mainstays at the technical solution through a platform — MetaTrader 4 , presented in a Web , Android , iPhone and iPad versions. Good to note, that not all MT4 platforms created equal, as the broker may invest into a co-located server and fiber optics, in order to process more accurate trading or not. As well, you can strengthen your strategies by Authochartist , as an AxiTrader client getting free access to flexible charts by the sophisticated tool — PsyQuotation.
The platform filled up with better and proved features, which makes trading even better and including sentiment indicators, correlation trader, alarm manager, automated trade journals and many more.
The ones who hold multiple accounts the integrated software tool Multi Account Manage r MAM is the great and available solution, which lets placing of large orders in bulk with speed and no limitation. From one MT4 terminal client can access the full range of widely presented by the company trading options, including Forex , Commodities as well CFDs and Indices , Bitcoin or Cryptocurrencies also can be traded the same way as major currencies. Overall, the broker covers the most demanding markets to trade, also UK residents can benefit from the Spread Bet option.
During liquid times the spreads may go as low as 0. Another cost you should consider while trading is Swap Fee or an adjustment reflecting the relative difference in interest rates or yield on the underlying instruments. Leverage is a quite known instrument, which obviously multiplies the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly.
However, always note that high leverage can work in reverse too. AxiTrader as a regulated broker in various jurisdictions complies to provide different trading conditions according to what regulatory obligations set. The Australian clients of international traders that holding with ASIC regulated AxiTrader account are entitled to enjoy high leverage up to However, those traders that are operated under the European FCA regulation can use limited Leverage to a maximum of on Forex instruments.
These updated took place quite recently and are obligatory for the authorized broker, yet you as a trader may choose under which entity to open an account and therefore, have an option which leverage level to use. Also, there are selected companies with whom company allows broker-to-broker transfers, so you can either transfer your account from another brokerage to AxiTrader. This is the primary reason why this trading platform is considered safe as compared to other financial brokers.
MetaTrader-broker AxiTrader offers its traders several trading options like currency pairs, CFDs on indices, metal, commodities, equity indices, social trading, and also crypto trading in Bitcoin across its standard accounts as well as professional trading accounts. Users need to open an account with AxiTrader which offers fast execution. Beginners can practice trading with a demo account, micro account.
Users need to maintain the minimum margin requirements in their accounts. AxiTrader provides negative balance protection for forex spot and CFD trading. This facility is applicable only for customers from the European Union. To maintain online security, AxiTrader does stringent compliance checks as per the standards of various regulatory authorities, AxiTrader keeps client funds in segregated trust accounts in top tier banks.
AxiTrader understands that providing too many trading account options confuses many potential traders, so to make the registration process easy, AxiTrader provides only two account types, one being the standard Meta Trader 4 account, also known as market maker account, capable of matching the trading orders internally. And the other comprises an Electronic Communication Network ECN based MetaTrader 4 Professional account, which connects traders to a global financial market of liquidity providers.
There is a specific fee structure for each account type. Both the accounts provide mostly similar types of trading features except the AxiTrader spread along with the cost of trading and related trading conditions.
No fees AxiTrader charges for deposits and withdrawals done via bank transfer. Also, there are no inactivity fees or trading fees. Financing costs on swap rates or overnight positions, however, apply.
The currency conversion fees are low. AxiTrader Risk Warning :- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of letting your accounts lose money through CFD trading. 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. Further, in , this claim was made concrete when Investment Trends, a private financial research firm of Sydney, Australia, awarded AxiTrader with the highest rating for overall client satisfaction.