Axi Reviews Read Customer Service Reviews of axi com 4 of 60
Home/Forex Trading / Axi Reviews Read Customer Service Reviews of axi com 4 of 60
Axi Reviews Read Customer Service Reviews of axi com 4 of 60

axitrader review

The risks involved in trading may not be suitable for all investors. ECS doesn’t retain responsibility for any trading losses you might face as a result of using the data hosted on this site. Traders should still be well-equipped to trade with Elite CurrenSea’s Wizz, Camarilla indicators and SWAT or CAMMACD tools. At the moment, the broker offers only  BTC/USD pair (available not in all regions).

Strength 4 – Range Of Markets

On the other hand, when it comes to pretty much any other asset class, they’re well below their competition. 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. The safety of clients and their deposits at a financial service provider majorly depends on the regulatory authority that regulates the firm. This authority that regulates a broker is responsible for the safety and welfare of the traders and investors.

  1. I personally love this tool and think it is one of the best you can find for conducting thorough market analysis.
  2. If you’re specifically looking for the best MT4 experience, this list of top MT4 brokers might be of interest.
  3. You will be required to provide your email address and name to chat with the live agent.
  4. Axi, on the other hand, also provides a comprehensive list of funding methods with a focus on ensuring the security of transactions.

Is this Broker Good for Beginners?

New traders are likely to feel comfortable while opening an account with this process. It takes a minimum of two business days for a new AxiTrader account to get approved. Training-wise, AxiTrader follows a similar approach by relying on the PsyQuation Premium tool. This helps users get exclusive educational articles on the market. The AxiTrader website also runs video tutorials and offers eBooks to increase the understanding of trading among users.

Axi Trading Hours

Axi offers bank wires, credit/debit cards, POLi, FasaPay, Sofort, GiroPay, iDEAL, Neteller, Bitcoin, Skrill, Boleto, Global Collect, and 17 regional online banking solutions. XTB also provide this service if you are a looking to buy and sell cryptocurrencies. When you trade indices with Axi you trade on the performance and price movements of stocks without actually purchasing physical ownership of an asset. Index trading is popular mainly due to the diversity they offer and flexible leverage.

Recent customer reviews of AXITrader

For instance, the broker did not offer their trading services to residents of Congo and Central African Republics, but they do currently. As such, you should check the company policy to see what countries they support at the time of your registration. Customer support is provided via online chat, telephone and email whilst clients get their very own dedicated personal account managers axitrader review for a more personalised service. With offices in Sydney, London, Dubai and Chisinau, there is always someone from the support team on hand to answer your general or technical questions. They have some of the best customer support you will find anywhere, evident by the numerous awards that they have won. The powerful and reliable trading platforms are available in numerous languages.

If you want to take advantage of this tool, BlackBull Markets are an alternative option who also have it. I am a huge fan of trading apps, primarily because I am able to check the market prices and how good or bad my trades are doing at any time. It doesn’t matter if I am sat on the sofa or even in bed, I can fire up the app and see what is happening. It is also great for getting notifications as soon as a price level is reached which saves me constantly checking the charts.

axitrader review

We also discovered that the broker charges extremely low spreads on Bitcoin trades as compared to its peers. The broker’s average spreads for the popular instruments in each market was below industry averages. Axi charges low fees for all the instruments on offer including Forex pairs, indices, commodities and cryptocurrencies. We traded the popular instrument in each market to determine the actual spreads and placed 12 trades in total. Axi Blog includes market research, education, and corporate updates. This area is constantly updated and provides technical and fundamental chart analysis that may be used to generate prospective trading ideas.

axitrader review

Keeping in mind the info above, we can attest that AxiTrader reviews appear to be mostly positive with only a few minor discrepancies from lesser known and sometimes suspicious websites. It must be noted that all the available instruments at AxiTrader can only be traded as CFD. This means that there is no actual buying or selling of the instruments but only the price difference is speculated and cash-settled to book profits or losses. For a detailed review of fees charged at AxiTrader, we have separately described each component of trading and non-trading fees. IC Markets also offers MetaTrader 5 (MT5) and cTrader, while AxiTrader is an MT4 specialist. Withdrawing money is the most hectic thing on earth and they don't respond to my mails and calls...yet depositing takes one minute upto now they not responded...

axitrader review

Since over-the-counter derivatives carry significant risks traders should be assured they’re dealing with a transparent provider, which can be provided only by the regulated broker. Axitrader is not a scam but voted timelessly for its trustworthiness, with low-risk Forex trading. The broker is licensed by top-tier regulators ensuring clients’ safety and compensation in case of insolvency. For the negative points, the range of the instrument is narrow and limited to Forex and CFDs. The research tools are limited as well which is another drawback for beginners.

This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. If you have decided to open an account with this broker, it is an easy electronic registration. We have set up the step by step process with screenshots to guide you through it. Some of the base currencies you can deposit in are USD, GBP and EUR, but it will depend on the deposit method. You can choose between different methods such as a bank wire transfer, credit card, debit card or ePayments such as neteller or skrill. Overall, the research capabilities of AxiTrader are remarkable, and their combination makes traders make informed decisions at all times.

Leave a Reply

Your email address will not be published. Required fields are marked *