Axi’s offerings and service quality deliver an acceptable but not superior trading environment, ideal for traders seeking a solid trading platform with basic features. To evaluate brokers, we test the accounts, trading tools and services provided. Axi offers traders a free demo account to practice trading without risking any real funds. 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. For services that other brokers charge considerable fees for, the Axi trading platform either doesn’t charge any at all or simply charges minimally. This enables traders to diversify their approach to trading on the foreign exchange market by dealing with multiple currency pairs at once and distributing their asset risk.

Commissioni di inattività

These tools include a Required Margin Calculator to determine the necessary funds, a Pip Calculator to gauge price movement value, and a Profit/Loss Calculator to estimate potential outcomes. I meticulously combed through Axi’s research tools and what I found is a reasonable range of features. Up to $1,000,000 is available in funding with a profit split up to 90% in favor of the trader. Additionally, there is MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) account management for professionals. Axi brought in copy trading in 2021 through an app available for Android and iOS, enabling you to replicate successful strategies from other investors. Features like custom indicators, automated trading strategies via the MQL4 programming language, and integration with third-party applications such as Myfxbook enhance its utility.

Spreads on the Axi trading platform also differ according to the nature of the tradable asset. The Leverage system allows traders to manage or control assets of larger value with proportionally smaller cash of their own by borrowing the rest of that value from the broker. Spreads on the Axi trading platform are generally quite competitive and affordable, beginning from 0.0 pips. Sometimes known as “crosses,” the minor forex pairs are those that don’t contain the US dollar and are traded with a lot less frequency than the major pairs, which always contain the dollar. It claims traders on the platform can profit regardless of the price movements, but that depends on a lot, so a little caution is advised. While forex and crypto trading involves trading in currency pairs, commodity trading involves trading in raw materials such as oil and precious metals like gold and silver.

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

• From our comprehensive research, Axi stands out as an average choice for traders looking to engage in forex and CFD trading.
• It claims traders on the platform can profit regardless of the price movements, but that depends on a lot, so a little caution is advised.
• 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.
• Offering 24/7 support, especially for international traders in different time zones, could enhance the customer experience.

The company says it provides traders access to 50+ shares in some of the world’s most popular stocks from countries like the USA, the UK, and all around Europe. In addition to operating on these third-party apps, the Axi trading platform also runs its own dedicated copy-trading app, which is available on the Apple and Google Play stores. The available functions in its interfaces are quite simple to use, and services are also compatible with a wide range of mobile platforms from Android to iOS.

What Reddit Users Say About Axi

A quick assessment of the Axi trading platform shows it’s quite user-friendly. The world-class forex and CFDs broker and ECN-exclusive forex platform aims to reach full global status, with active regional offices in 8 locations, including Dubai, the Philippines, Singapore, and the UK. If you have an existing live account and need to download, update or reinstall the MetaTrader 4 platform, the latest version is available in the Client Portal. When you complete a live or demo application and create an account, you will be sent a link to download the platform on your preferred computer or device. Simple for beginners and full of advanced tools for pros, the MT4 platform helps you unlock new trading opportunities.

MetaTrader 4

I appreciate how clearly they explain trading costs and how quickly they process payments. The registration process was smooth, and the support team helped me with every step. I started trading with Axi recently, and I’m impressed with how user-friendly everything is. If you have traded with Axi we would really like to know about your experience – please submit your own review. This average customer rating is based on 13 Axi customer reviews submitted by our visitors. Compare Axi with any other broker by selecting the other broker below.

Leverage

Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. If you have experience trading with Axi please share your personal review of the broker and what you think are strong and weak points. I’ve tried a few brokers in the past, but Axi stands out for its transparency and professionalism. I’ve had a live account for 6 months, and everything works smoothly.

Axi is a commendable option for beginners, thanks to its provision of beginner education videos and the lack of a minimum deposit requirement, making it accessible for new traders starting out. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Axi might not have all the bells and whistles of larger brokers, but it does a great job where it counts—execution, transparency, and support. Overall, Axi is a reliable and trustworthy broker for a wide range of active traders, but advanced traders looking for a broader range of assets with the lowest spreads will be better served elsewhere. Axi is a solid choice, mainly for those interested in forex and CFD markets, thanks to its competitive spreads and dependable MT4 platform. There are also helpful calculator tools to aid aspiring traders in planning their trades.

It offers clear definitions of key trading terms and concepts, which can often seem overwhelming. The Trading Glossary is another helpful resource for new traders. These resources include Axi Academy, which provides free courses (some of which I’ve completed myself) tailored to specific trading topics like gold trading and risk management strategies. Axi provides informative daily market updates, an average blog with trading insights, and an integrated economic calendar for tracking key global events.

TrustPilot Users’ Reviews About Axi

In addition to being interest-free, this account type is also swap-free and features customer service and high trust and regulation. Axi also has an offer for the shariah-practicing traders, especially from Islamic regions like the UAE, who are prevented from earning or paying interest due to Islamic religious beliefs. The account allows up to ten base currencies, namely AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD, with a minimum trade size of 0,01 lots and a spread of 0.4 pips. This tab is comparatively sparse and only contains the functions for placing new trading orders and viewing such values as available account balance, margin, and equity. There is also a zoom feature and the capacity to use technical indicators, enabling traders to predict future price movements.

The conversion fees are charged for all trades involving instruments with a different currency denomination than the one on your account. Deposits to an account on the Axi Trading platform are usually subject to deposit fees, though the deposits have to be above certain limits to warrant these charges. These are obtained from non-trading actions you perform on your trading account. For instance, the spread for forex pairs may be as low as 0.0 pips to as high as 690 pips (USD/KRW). EUR/USD, USD/JPY, and GBP/USD are some examples of the available major forex pairs.

Full of features and optimised for lightweight web-based performance, WebTrader gives you perfect functionality with the flexibility to trade using any internet browser, on any device. Stay on the ball with Autochartist, a software that automatically scans the market and spots opportunities – with insights formulated from market movements. We do not offer services in jurisdictions subject to international sanctions or where local laws prohibit such activities.

• These include multiple MT4 Video tutorials to help users learn to use the third-party app, a comprehensive blog, a trading Academy, and a selection of educational webinars and seminars.
• The self-paced courses are flexible, allowing traders to review lessons as often as necessary.
• DayTrading.com may receive compensation from the brands or services mentioned on this website.
• Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.

The platform’s array of tradable assets is quite robust, as it allows trading CFDs in all kinds of forex pairs, indices, commodities, and crypto assets. The additional services the site offers to aid trading include, MT4 VPS Hosting and MyFxBook Autotrade. As a multi-regulated brokerage company that has over ten years of experience working with institutional and individual traders, Axi is considered to be a safe platform for clients to trade on.

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as axi review a Commodity Trading Advisor (CTA). We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. DayTrading.com may receive compensation from the brands or services mentioned on this website. All content on this site is for informational purposes only and does not constitute financial advice.

The mobile app is fine, though a refresh in design would be nice. I find Axi very convenient for both part-time and full-time trading. Spreads are fair, the platform is secure, and withdrawals always arrive on time.

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. To withdraw funds from your trading account, these are the relevant steps. The minimum withdrawal is $5, and funds typically take 2 business days to show up on a trader’s bank, crypto, or e-wallet account, though it may take as much as 5 days for international transfers.