AxiTrader Review 2025: 6000 Deposit Trade Tested ️
To open an account with AXI , start by completing the online registration form where you’ll provide your basic details and select your preferred account type and base currency. As part of the onboarding process, AXI will ask you to fill out a regulatory questionnaire covering your trading experience and risk profile. Once your documents are submitted, AXI’s compliance team reviews your information—most accounts are verified within a few hours or up to one business day. When approved, you will receive a confirmation email granting full access, allowing you to fund your account and start trading. Forex is clearly the strongest suit at AXI, with support for a wide selection of majors, minors, and exotic pairs, all tradable with competitive spreads and significant leverage.
- Executing trades and opening and closing positions is uncomplicated, and with the windows and buttons making it straightforward, you can successfully place trades several different ways.
- When it comes to regulation, Axi recognizes the importance of trusted regulation for traders.
- Lastly, AxiTrader is still unavailable to large markets in regions such as the United States and Canada.
- They give you industry leading trading conditions on a vast range of different markets such as forex, stocks, cryptos and commodities.
- They also have a good selection of IPO CFDs with 0 commission and 5x leverage.
Featuring no swap fees or interest payments, this account is the ideal solution for those who are unable to earn or pay interest due to religious beliefs. Simply send support a request and they can switch your account over for you if you follow the Muslim faith. You can trade cryptocurrency CFDs online with Axi, provided that it is allowed in your country of residence. Traders can get the advantages of Bitcoin’s high volatility without the need for a digital wallet, no requirement to purchase physical Bitcoins and without the risk of digital currency theft. Whether you are brand new to trading or an experienced pro, you’ll find a community of likeminded traders with valuable knowledge to share and help you trade your edge. The volatility analysis gives information related to the volatility of markets at any given time with an adjustable risk parameter to identify instruments that meet a certain volatility criteria.
Additional currencies, especially asian currencies like the CNY, THB, IDR, MYR and more are supported depending on the deposit methods. It is always a positive to be dealing with a respected broker that has been recognized in the industry. This focus on regulation ensures that you are well taken care of when it comes to trading safely and securely at Axi. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Axi.
Axi Desktop MetaTrader 5 Platform
The platform boasts a user-friendly interface, making it suitable for both beginners and seasoned traders. You can open both demo and live accounts on the Axi app and trade with whichever trading conditions fit your trading style the best. Advanced charts powered by TradingView, fast order execution, and multi-lingual support are just a few of the features of the Axi platform.
- None of Axi’s average spreads were above industry averages, which was quite impressive.
- You can trade with tight spreads, low commission fees and fast execution speeds at the best prices.
- The execution speed may not fully mimic live trading, and some account features might be limited.
- In addition, UK clients are protected under the Financial Services Compensation Scheme (FSCS), with coverage up to £85,000.
- The platform’s stability and consistent performance create a trustworthy trading environment.
- These include English, Spanish, Arabic, Chinese, Italian, Thai, Vietnamese, and more.
Best Forex Bonuses in 2024
Axi provides informative daily market updates, an average blog with trading insights, and an integrated economic calendar for tracking key global events. Also, Axi’s comprehensive educational resources (which I dive into later), will clearly support beginners in navigating the platform’s features. Still, a further broadening of equities and commodities would further enhance its appeal, especially for advanced traders seeking diverse opportunities. Also, UK-based retail clients’ funds are insured via the Financial Services Compensation Scheme in the event of broker insolvency, as we discussed earlier in the review. Since one standard lot represents 100 ounces, trading 0.10 lots equates to dealing with 10 ounces of gold.
Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets. The economic calendar keeps you up to date with the latest market news and can be set to send you alerts on specific events. It is useful having the calendar build into the platform rather than needing to keep checking it externally. I always like to know what is happening around the world as the news can have a large impact on price movement. Client funds are held in secure and segregated trust accounts with top-tier banks including NAB and Lloyds. This means that client funds cannot be used for any other purpose by the company such as operating costs are hedging.
The commission of $7.00 per round lot remains competitive, and spreads start as low as 0.0 pips, an ideal combination for algorithmic traders and scalpers. Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… AXI offers 24/7 multilingual customer support for Canadian users, accessible via live chat, phone, email, WhatsApp, and an online support portal. The support team can assist with account, technical, and trading inquiries efficiently around the clock. AXI does not regularly provide a welcome bonus or sign-up reward for new clients.
Indices and commodities add meaningful hedging and speculation opportunities, covering global benchmarks and key natural resources. The inclusion of MetaTrader 4 ensures access to automated trading (EAs), professional charting, and tight integration for active technical traders. FOREX.com gives you direct access to global forex markets with low spreads, lightning-fast execution and powerful trading platforms—all under the regulation of the CFTC. Axi Select axitrader review sets itself apart with its unparalleled trading tools and features. The platform’s advanced charting, market insights, and customizable interface provide a tailored experience for traders.
Trading Fees and Other Costs
Despite its strengths, Axi has an excellent aggregate score on Trustpilot, achieving 4.4 out of 5 stars based on 4,290 consumer reviews. As many as 74% of all reviewers are satisfied with the broker’s services, assigning 5-star ratings. We built the website to assist forex traders in finding the right forex brokers to trade with ease. We are committed to transparency, accuracy, and comprehensive insights. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. Slippage occurs when a trade is executed at a different price than expected, often due to market volatility.
Assets & Markets
But we may not give Axi a 100% pass mark overall on fees since their commission fees of $7 per round turn for the Pro account are high compared to some of their competitors, such as Fusion Markets. While the Elite account offers lower commissions, it is available only to high-volume traders who can afford significantly larger positions. Axi also offers a swap-free account type for clients of the Muslim faith who do not want to earn or pay interest. With this account, trades in all available instruments do not pay or earn interest (swaps), in accordance with the Sharia law. Yes, Axi offers MetaTrader 5 (MT5) accounts to traders in select regions.
Commissions
Meanwhile, residents of certain countries, such as the UK and some EU regions, must deposit at least $5 to activate their Standard or Pro accounts. The ASIC and FMA entities have higher minimum deposit requirements of $200 for Standard and $500 for Pro accounts. Regardless which entity you register at, you will incur no additional fees on deposits. There may be extra charges on behalf of your payment service provider but these are beyond Axi’s control. The platform also features real-time market depth data and an integrated economic calendar.
In 2020 alone (FY20), the broker recorded over $2.5 trillion worth of trades. In 2025, the broker triumphed at the Global Business and Finance Magazine Awards, winning three trophies, including Best Financial Institution in the UK, Latin America, and the Middle East. It also does not have any investor protection scheme for non-UK/EU traders.
Main Insights from Exploring Axi’s Tradable Assets
Combined with their integration with MT4 and advanced charting tools, it’s been ideal for scalping and high-frequency trading strategies. Next, choose your preferred account types, such as Standard, Pro, or Elite, along with the base currency and leverage. This app is ideal for traders looking to diversify their approach or learn from seasoned professionals without actively managing every trade.
Axi’s Standard account offers EURUSD spreads from 0.7 pips with no commission. Meanwhile, the Pro and Elite accounts start from 0.0 pips but charge a low round-trip commission of $7 or $3.50, respectively, for tighter pricing. This diverse product range allows traders to diversify their portfolios and implement various trading strategies across different markets.