Here is exactly what to expect if you are planning on making an Axi deposit. This includes any minimum deposit and also the methods available as well as the fees. Ultimately this should provide you with a great deal of choice so that you can avoid paying any currency conversions fees if your deposit or withdrawal method currency does not match up. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. PsyQuation is an advanced data analytics platform that uses highly sophisticated algorithms to analyse your own individual trading style and find areas for where you could improve.

Risk Warning:

It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance. If you are looking for a dedicated social trading platform, then eToro would be my top choice. The alarm manager can send you customised alerts which is useful if you are monitoring multiple charts at once and do not want to be at your screen all of the time.

• Here is exactly what to expect if you are planning on making an Axi deposit.
• In my opinion, it might be the broker wanted to focus their efforts on 1 platform and put all the tools and details in only one place to make it easier for the customers.
• Axi also provides access to the Psyquation platform for free if you are a trader, even though it is usually a subscription-based service.
• Second, in order to help protect your account, Axitrader requires verification in the form of sending an ID to confirm your identity.

Regulation

Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. WebTrader gives you access to use your MT4 platform on any web browser you’re using. There is also the option for a swap-free Islamic account to be opened upon request depending on your belief.

Seamless Funding and Top-Notch Risk Management Education.

This included comparisons to popular currency brokers including Pepperstone and IC Markets. This is because their ‘No Dealing Desk Brokers‘ allows direct trading with liquidity pools, which also enhances execution speeds. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The Next Generation of MT4, or what Axi calls ‘Axi MT4 NexGen’, is an advanced MT4 platform that embodies advanced management tools.

Risk Management

Axi prides itself on 24-hour support, fast trade execution, tight spreads with minimum account slippage. Axi does lack a few CFD trading services such as stockbroking and Shares CFD services. This means that you will need to find a share trader provider in addition to Axi as your CFDs provider. Those looking for an all-in-one trading experience may want to consider some of the larger brokers such as CMC or IG.

Besides competitive trading costs, Axi offers traders the third-party trading analysis platform PsyQuation. It can help traders improve their performance, which I find an excellent tool. Axi also uses the PsyQuation score for its AxiSelect program, which funds talented traders with capital, a rare and unique feature. On the other hand, if you’re looking for a variety of trading platforms and assets such as stocks, ETFs or cryptocurrencies, Axi will definitely fall short to your expectations. 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 losing your money.

Axi UK must comply with the rules of the European Securities and Markets Authority (ESMA) when they are conducting their business. These rules limit the amount of leverage offered to EU clients and the way in which financial services are promoted. If you want higher leverage then you would need to look at the international brand. Axi are a regulated broker that must be compliant with strict regulations and standards that are put in place to protect investors. Please keep in mind that as Axi are regulated in different markets by different regulators, each are subject to a different set of rules. Operating with integrity, honesty, trust and transparency is of the upmost importance.

If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Axi. Known as a “cryptocurrency”, Bitcoin is a form of digital currency. Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets. Be part of a dynamic trading community in public and private chatrooms dedicated to different trading topics, from FX and equities to analysis and strategies.

You can quickly and easily fund your account with a variety of convenient options to choose from. If you are beginner then you will be happy with the plethora of educational axi forex broker content available at no extra cost. You can also practice trading online with a free demo account or in a live environment with a minimum deposit of just $1.

With language availability, there are more than 10 languages that you can access through the broker website. These include English, Spanish, Russian, Arabic, Chinese, Thai, Vietnamese, and more. This provides for a very healthy level of language support for traders around the world.

Commodity trading is the buying and selling of raw materials, such as crude oil, wheat, corn, rice, and so on, which are important to the global economy. Crude oil is the most traded energy instrument on this broker’s platform. It can also run on almost any device and has over 50 indicators and charting tools in places along with being a very easy to use platform. If you are into https://forexarena.net/ algo-trading, then you will also benefit from the availability of EAs here that you can get from the trading community to implement, or code yourself. Limit orders will help manage your entry into new positions, and the margin calls provided will ensure your equity never drops below a particular level. This is equal to 0.01 standard lots or a cash value of $1,000 non-leveraged.

I like that they are providing signals, chart analysis, multiple account management and more. Getting signed up and verified as a first-time Axi member is a relatively simple and straightforward process. You’ll first need to provide government-issued ID, and if you plan on making a bank wire transfer then you’ll need to verify the account using your ID as well. Autochartist provides the bulk of research content at Axi, but the Axi blog also features a weekly market review.

OFSi allows users to view the Buy and Sell order flow of 22,000+ live trading accounts. You can also receive custom alert notifications via the app, email or SMS. The trading signals offering allows you to copy trading signals from traders around the world directly into your trading platform. There are thousands of signal providers to choose from and you can share your own strategy signals. The FIX API is great for those who need an institutional trading environment.

Also, AxiTrader offers training and free educational materials every trader needs. The company has online education programs, tutorial videos, and free webinars. It has also blogs written by experienced traders that will surely inspire you while trading with this broker. We can say that these are very helpful materials for aspiring traders as well as professionals. You just need to fill in the form, download and install the platform (MetaTrader 4 / MT4) and start practice trading with $ 50,000 virtual cash in the account.