Founded in Sydney, Australia, by a team of experienced traders, Axi has been operating since its inception in 2007. In this review, we will discuss the company’s fees, investment safety measures, regulations, verification process, spreads, leverage, deposit & withdrawal options, and how to open an account with Axi. Axi is a global and multi-regulated forex broker with Headquarters in Australia.

Axi Review

Additionally, the platform uses cutting-edge security protocols, such as two-step authentication and SSL online encryption, to shield its clients’ private information from unauthorized access. This means the platform is in compliance with some of the highest standards of financial safety and credibility. He also commends their dedication to high standards of practice, especially with respect to their market access and spreads, and he has no problems with the re-quotes.

Piattaforme di Trading Mobile

MetaTrader 4 is the smart choice for online traders looking to hone their trading edge. AxiTrader LLC is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. There is a very high degree of risk involved in trading securities.

Around-the-clock support is a quality I’ve come to appreciate at alternatives like Exness. The blog covers a mix of educational and market-related content, which helps bridge the gap between theory and practice. They provide step-by-step guidance on how to install and use the platform effectively. Video tutorials on the MetaTrader 4 platform are also a axi review welcome addition. These materials help simplify complex trading concepts, making them suitable for beginners. The academy is clearly designed to be accessible and incorporates videos, written content, and quizzes to make learning interactive and engaging.

How to Open an Account and Trade CFDs with Axi Mobile Trading App

After trying several brokers, I settled on Axi because of their transparency and reliability. There is also no proprietary app to guide new traders, which may make the learning process more challenging. While beginners may find their need for a proprietary app limiting, Axi’s educational resources and responsive customer support can still provide valuable assistance.

On Axi, investors can trade index CFDs and gain exposure to top global market indices. According to Axi, trading commodities on their platform is less about trading in the actual materials and more about trading the underlying price movements of the relevant commodities. These are all tradable across various financial markets, and the list has only continued to extend. However, you can’t open an Axi account if you live in regions like the US and Canada. Now, let’s begin our more detailed review of the Axi trading broker and its facets. The company operates on a variety of third-party platforms that suit different trading needs, and these include the popular MetaTrader 4, (both basic and Web Trader versions), Myfxbook, and PsyQuation.

Cuenta demo

Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. While it is a trustworthy broker, as with any financial services provider, you should ensure you understand the risks of trading leveraged products and confirm Axi’s offerings suit your needs. Axi offers a range of customer support options to help ensure you have access to assistance when needed.

Commissioni di trading e altre spese

Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. Investing in CFDs carries significant risks and is not suitable for all investors.

• I’ve tried a few brokers in the past, but Axi stands out for its transparency and professionalism.
• You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money.
• But at least, it does eventually refer you to customer service on the mail, which typically takes 2-3 days to respond.
• While beginners may find their need for a proprietary app limiting, Axi’s educational resources and responsive customer support can still provide valuable assistance.

I had a small question about account verification, and the support team responded within minutes. The platform is accessible, fast, and works well on all devices. The platform is easy to use and performs well even during volatile markets.

You do not own, or have any interest in, the underlying assets.We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. While partners may pay to provide offers or be featured, e.g. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.

Commissioni di deposito

In terms of commissions and fees, Axi offers a balanced cost structure with no inactivity fees and active trader discounts, although its commissions and fees are rated as average. Our review confirms that Axi is a trustworthy broker, backed by authorization from Australia’s ASIC and not publicly traded. 83.1% of retail investor accounts lose money when trading CFDs with this provider. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.

Compare Axi with the best similar brokers that accept traders from your location. Offering 24/7 support, especially for international traders in different time zones, could enhance the customer experience. Axi is also one of the few brokers to offer funded trading accounts, which it introduced in 2023. Axi primarily offers the MetaTrader 4 (MT4) platform, a popular choice with active traders due to its flexibility and robust features. For low-frequency traders or those new to the market, the simplicity and zero commissions of the Standard account might be appealing.

• The mobile trading capability is particularly important in any review of trading platforms as most traders operate from mobile phones, and Axi performs quite well on that metric.
• The demo account typically has a 30-day expiry date, though users can potentially request an extension.
• Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
• All content on this site is for informational purposes only and does not constitute financial advice.

However, expanding interactive features such as live webinars and real-time expert commentary, which you can find at providers like IG, would greatly benefit traders, especially beginners. Axi Select has six stages with funding available to traders that can demonstrate they can achieve consistent returns while managing risk. VPS hosting also enhances Axi’s trading environment for day traders seeking low latency and uninterrupted connections. I spent a long time exploring it and this social trading feature is impressively user-friendly, with filters for risk management and trader performance to match individual preferences. This is a noteworthy addition that isn’t available at most MT4 brokers I’ve assessed, making Axi a compelling choice for the serious trader.

Crypto assets are highly volatile and tend to present higher and more constant risk than forex pairs, but Axi keeps a pretty decent portfolio of such assets for interested traders. It also offers a wealth of resources to help traders maximize their trading experience. While known for its services as one of the best forex trading platforms, Axi also provides top-grade services in commodities, shares, bonds, and cryptocurrencies.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. However, its overall offering is rated as below average – it may not meet the needs of traders looking for a wider range of investments. While Axi provides a functional trading experience through MetaTrader 4, its overall platform and tool offerings are average.

Trade

And though phone, email, and social media customer support are available 24hrs, they are not available on weekends. The Axi platform doesn’t exactly excel in social media outreach, as the only customer service outlet on social media is on Whatsapp. Additionally, the platform provides bilingual customer service by phone, and you can call them on any of their lines depending on your location. Traders also have access to a pretty robust FAQs section that does a great job of anticipating popular customer queries and answering them, which was pretty helpful for this review. The self-paced courses are flexible, allowing traders to review lessons as often as necessary.

Also, Axi’s comprehensive educational resources (which I dive into later), will clearly support beginners in navigating the platform’s features. The cost-effectiveness of these accounts largely depends on your trading volume and asset preference. Still, a further broadening of equities and commodities would further enhance its appeal, especially for advanced traders seeking diverse opportunities. Axi offers a well-rounded range of tradable assets, particularly in forex.

Valutazione complessiva delle commissioni

But at least, it does eventually refer you to customer service on the mail, which typically takes 2-3 days to respond. Additionally, courses are offered in 24 different languages since everyone can participate in the global trading community. Internet banking and crypto payment options are not available in every region, however. Traders can open the account directly or upgrade from a standard account. This type of account comes with a round trip commission of $7, spreads from 0.0 pips, no setup fees, and a minimum lot size of 0.01 lots. Hedging (both partial and full) and scalping are among the supported strategies.