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Exness , Axi Broker Comparison

Do you want to know which is the better broker between Exness and Axi ?

In the table below, you can compare the features of Exness , Axi side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Exness
8.37
Regulated
Under guarantee
--
--
10-15 years
CYSEC,FCA,FSCA,FSA
BTC,VISA,Skrill,Neteller,PerfectMoney,SticPay,Tether (USDT OMNI),WebMoney
C
AA
422.7
2
2
2
1999
1999
1999
AA

EURUSD: -0.2

XAUUSD: 0.1

29
-10
29
D
8.2 USD/Lot
62.46 USD/Lot
C

Long: -5.77

Short: 8.08

Long: -350.35

Short: 33.17

D
0.5
229.7
Standard,Pro,Zero,Raw Spread,Standard,Standard Cent
Forex, métaux, e-monnaies, énergies, actions, indices
Dépend du système de paiement
1:Illimité
À partir de 0,3
0.00
--
--
--
Axi
8.12
Regulated
Under guarantee
15-20 years
ASIC,FCA,FMA,DFSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Standard Account,Professional Account,专业账户
--
--
1:500
0.4
0.00
--
0.01
--

Exness 、 Axi BrokersRelevant information

Axi BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of exness, axicorp lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

exness

Let's start here:

Exness is a globally recognized forex broker, operating in over 170 countries, offering a diverse range of tradable assets, including currencies, commodities, and cryptocurrencies. With a daily execution of over 300,000 trades and monthly trading volumes exceeding $1 trillion, Exness is a high-volume broker known for its transparency. Regulated by CySEC , FCA FSCA, and FSA in different jurisdictions, Exness adheres to strict financial standards. In this Exness review, we'll explore the broker's offerings in detail to reveal the real exness.

Quick Exness Review in 10 Key Points
Registered in Cyprus
Regulated by FCA, CYSEC, FSCA, FSA
Founded in 2008
Market instruments forex, precious metals, energy, indices, stocks
Minimum initial deposit $10
Maximum leverage Unlimited
Minimum spread From 0.0 pips
Trading platform MT5, MT4, own platform
Deposit and withdrawal methods Credit/debit cards, skrill, neteller, neteller
Customer Service E-mail/phone number/address/live chat

It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Pros and cons of Exness

Pros Cons
  • Wide selection of trading instruments
  • Limited number of deposit and withdrawal methods
  • Easy-to-use and customizable trading platforms
  • No trading bonuses or promotions are offered
  • Detailed table of trading conditions on the instrument screen
  • Exness proprietary platform may not be suitable for all traders
  • Commission-free quick deposits and withdrawals from Exness
  • Telephone support is not available in some countries
  • Educational resources and analysis tools available
  • Not offering cryptocurrencies and currency pairs.
  • Multilingual customer service

What type of broker is Exness?

Dimension Pros Cons
Broker Model Exness offers tight spreads and fast execution due to its Market Making model. As a counterparty to its clients' operations, Exness has a potential conflict of interest that can lead to decisions that are not in the best interest of the clients.

Exness is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Exness acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage. However, this also means that Exness has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interest of their clients. It is important for traders to be aware of this dynamic when trading with Exness or any other MM broker.

What is Exness?

Dimension Pros Cons
Regulation Exness is regulated by reputable bodies such as the FCA and CySEC, which provides some protection and security for customers. Although regulated, Exness has received some penalties and fines in the past, which may be a concern for some customers.

Exness is a leading forex broker founded in 2008 in St. Petersburg, Russia. The company is based in Cyprus and is regulated by the FCA of the UK, CYSEC of Cyprus, FSCA of South Africa and FSA of Seychelles. The multiple regulation demonstrates its commitment to transparency and security of its clients' funds.

In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information. If you are interested, read on.

basic-info

Is Exness Legit?

Yes, Exness operates legitimately, regulated by four regulatory authority across four jurisdictions, specifically, ASIC in Australia, FCA in the United Kingdom, FSCA in South Africa, and FSA in Seychelles.

Exness is closely monitored by various government and regulatory bodies in different regions or countries, done to make sure they follow the rules and guidelines that keep financial markets fair and safeguard the interests of clients.

Regulated Country Regulated Authority Regulated Entity License Type License Number
ASIC Exness (UK) Ltd Market Making (MM) 730729a
CYSEC Exness (Cy) Ltd Market Making (MM) 178/12
FSCA EXNESS ZA (PTY) LTD Retail Forex License 51024
FSA Exness (SC) Ltd Retail Forex SD025

Exness's UK entity, Exness (UK) Ltd, is regulated by tier-one regulator FCA under regulatory number 730729a,holding a license for Market Making (MM).

regulation

Exness's second entity in Cyprus, regulated by the tier-2 regulator CYSEC under regulatory number 178/12, holding a license for Market Making as well.

regulation

EXNESS ZA (PTY) LTD in South Africa, regulated by FSCA under regulatory number 51024, holding a license for Retail Forex.

regulation

Exness's fourth entity in Seychelles, Exness (SC) Ltd is regulated by the offshore regulator FSA under regulatory number SD025, holding a license for retail forex.

regulation

Market instruments

Dimension Advantages Disadvantages
Variety of Instruments Exness offers a wide range of instruments, including precious metals, energy, indices and equities. However, its offer of currency pairs and cryptocurrencies is limited compared to other brokers.

Exness offers a wide range of financial instruments for trading, including precious metals, energy, indices and stocks. Traders can access these instruments through the popular MetaTrader 4 (MT4) trading platform or its successor, the MetaTrader 5 (MT5) platform, both available in desktop, web and mobile versions. The platforms are highly customizable and offer a wide range of technical analysis tools and resources. Currently, cryptocurrencies and currency pairs appear to be unavailable.

Market-Instruments

Exness Minimum Deposit

To start trading with a very small amount of money, you can opt for a Standard Cent account, which requires a minimum deposit of just $10. With a Standard Cent account, you have access to the smallest lot size, known as the cent lot, allowing you to begin trading on various instruments with a margin of only $10.

The actual minimum amount required to initiate trading, however, will vary based on several factors, including the account type you choose, the payment method you use for deposits, regional regulations, and the prevailing market conditions.

Honestly, Exness's $10 minimum deposit is relatively low when compared to many other brokers in the industry, on the more accessible end of the spectrum, while many brokers set their minimum deposits at $100 or higher.

Here is the table showing the comparison of Exness minimum deposit with other brokers:

Broker Minimum Deposit
label
$100
label
$10
label
$200
label
$100

Exness Account Types

Exness offers standard and professional accounts. The standard account is a commission-free, feature-rich account suitable for all traders, including beginners, offering market execution, stable spreads and no requotes.

account-types

The Pro account is an account that can meet the needs of experienced traders. It features ultra-low spreads, even without spreads. Its execution is suitable for scalpers, day traders and algorithmic traders. The professional account has a minimum deposit of $200.

account-types

Exness Demo Account

Certainly, Exness offers clients access to demo accounts that last for 30 days. The Exness Demo account is virtually funded at $10, 000 USD. Basically, Exness demo accounts include the following features:

  • Free to registere

  • Easy to fund

  • Access to leverage up to 2000:1

  • Experience real market conditions

demo-account

Here is a simple guide to help you top up your Exness demo account:

  1. Log in to your Exness Personal Area.

  2. Go to the “My Accounts” tab and select the “Demo” section to find your preferred Demo account.

  3. Click “Set Balance” and enter your desired amount, like USD 500, into the provided box. You can even set a lower balance if needed.

  4. If you're using a grid view, click the gear icon on the account box to access the options, and then click “Set Balance.”

  5. Confirm your action by clicking “Set Balance” once more.

funding

These steps will quickly adjust your Demo account balance to your desired amount.

Spreads and commissions for Exness trading

At Exness, spreads and trading commissions vary depending on the type of account and trading instrument. In general, spreads are low and competitive compared to other Forex brokers. In addition, the detailed trading instrument table provided by Exness allows clients to check spreads, commissions and other important details before opening a position in a particular instrument. For some instruments, such as XAGAUDm, on the standard account, Exness offers average spreads of 9.2 pips, no commissions and a maximum leverage of 1:2000. In addition, clients can adjust the stop loss level according to their needs and trading strategies. In short, Exness offers competitive spreads and commissions, allowing clients to trade efficiently and profitably on a wide variety of trading instruments.

Trading Platforms

Exness offers a variety of trading platforms, including the popular MT4 and MT5 trading platforms, available for download on desktop and mobile devices. In addition, Exness also offers its own trading platform, Exness Trade App, which is available on the web and mobile devices. The Exness platform offers an intuitive and easy-to-use interface, as well as a wide range of technical analysis tools and resources. Clients can customize the platform according to their needs and preferences, and can also access the automated trading feature through Exness VPS.

Devices Available Desktop, Mobile, Terminal,
MetaTrader 4
label
MetaTrader 5
label
Exness Trade App
label
cTrader
label

Exness Leverage

Pros Cons
Enables the trader's purchasing power to be increased Increases the risk of significant losses
Facilitates access to markets that otherwise would not be accessible May lead to overexposure to the market
Offers the opportunity to earn higher profits Margin requirements can be difficult to meet
Allows diversification of the trading portfolio Can cause emotional operations and bad decisions
Allows traders to take larger positions Not suitable for novice traders with no previous experience

The maximum leverage offered by Exness is up to 1:unlimited, which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. Therefore, it is essential that traders choose the right amount based on their risk tolerance.

Deposit and Withdrawal

Dimension Pros Cons
Deposits and Withdrawals Exness processes deposits in 30 minutes and withdrawals in 24 hours with no fees, making withdrawals fast and convenient. Deposit and withdrawal methods are limited to bank cards and Perfect Money, which may be a limitation for some customers.

Exness offers a wide variety of deposit and withdrawal options, including bank card and Perfect Money. The minimum deposit is around 10 USD, making it affordable for traders who wish to start with a small amount. Deposits are processed within 30 minutes and withdrawals within 24 hours, ensuring quick availability of funds for traders. It is important to note that although Exness does not charge fees for deposits or withdrawals, credit card providers, banks or payment systems may charge transaction fees or commissions that are beyond their control.

Payment Methods Min. Deposit Min. Withdarwal Fees Processing Time
Perfect Money $10 $2 Free Deposit: within 30 minutesWithdrawal: within 24 hours
Bank Card $10 $0 Free Deposit: up to 30 minutes Withdrawal: 7-10 business days
Cryotocurrencies (USDT, Bitcoin, etc) $10 $10 Free Deposit: up to 1 dayWithdrawal: up to 1 day
E-payments (Skrill, Neteller, etc) $10 $10 Free Deposit: within 30 minutesWithdrawal: within 30 minutes

Here is the video showing how to depsoit with bank card for your refrence:

Education in Exness

Exness offers a range of educational resources that can help traders improve their understanding of the foreign exchange market and their trading skills. These resources include trading analysis tools, which provide detailed information on trading results and help traders identify patterns and trends. In addition, they offer calculators to help traders calculate trading costs and potential profits. Economic calendars and currency converters are also useful tools for traders who need to keep abreast of economic events and currency fluctuations. Overall, Exness educational resources are an excellent way for traders to learn more about the market and improve their trading strategy.

Exness Customer Service

Exness has a high quality customer support service, which is available in several languages and offers different communication channels to meet the needs of its customers. Users can contact the support team via live chat, email and telephone, and some of these services are available 24 hours a day, 7 days a week. The support staff is highly trained and ready to assist users with any problems or queries they may have. In addition, Exness offers a FAQ section on its website, which covers a wide variety of topics and common questions to help users find answers to their questions quickly and easily.

However, the Exness website is only available in Chinese.

Conclusion

In conclusion, Exness is a reliable and well-regulated forex broker, offering a variety of trading instruments and a wide range of trading platforms to meet the needs of its clients. Their focus on transparency and client education is reflected in their educational tools and resources, as well as the detailed information provided on their trading instruments screen. Although its Market Making model may be a disadvantage for some traders, Exness compensates for this with competitive spreads and fast, commission-free deposits and withdrawals. Overall, Exness is a good choice for traders of all experience levels looking for a reliable and transparent Forex broker.

Frequently asked questions about Exness

Q: Is it safe to trade with Exness?

A: Yes, Exness is a broker regulated by the FCA, CYSEC, FSCA and FSA, which guarantees a high level of security and protection for client funds.

Q: What are the spreads in Exness?

A: Spreads at Exness vary according to account type and trading instrument, but are quite competitive compared to other brokers.

Q: Are there any commissions in Exness?

A: Exness does not charge fees, but credit card providers, banks or payment systems may charge transaction fees or commissions.

Q: What deposit and withdrawal methods are available at Exness?

A: Exness offers deposits and withdrawals via bank card and Perfect Money.

Q: Does Exness offer educational resources for traders?

A: Yes, Exness offers a variety of educational resources, including trading analysis tools, calculators, economic calendars, currency converters and more.

Q: What are the pros and cons of trading with Exness?

A: Among the pros of Exness are multiple regulation, variety of account types and trading platforms, competitive spreads and multilingual customer service. Cons include limited deposit and withdrawal methods and lack of advanced technical analysis tools.

axicorp

Let's start here

Axi's the real deal, all regulated, with a bunch of over 220 trading options, forex, CFDs for stocks, indices, commodities, and even cryptocurrencies – they're all on the menu. They start at a $0 deposit, offer competitive spreads from 0.0 pips on major currencies, and here is the cool part: using ECN execution for direct market orders. As for the platform, it's none other than the legendary MetaTrader 4. With a touch of pride, they claim to have served more than 600,000 traders across 100 countries. Want to see if Axi's trading environment lives up to its claims? Time for some exploration!

Pros & Cons

Taking a look at Axi, we spot its share of upsides and downsides. Let's start with the bright side, it's got the backing of multiple solid financial authorities, a bunch of instruments you can trade, and they let you practice with demo accounts. Plus, they've got this MT4 platform thing going and some handy tools to help you trade smarter. They even speak different languages for customer support, and moving money in and out is easy, with no extra charges from them.

Now, here's the catch: Axi only works with investors from Australia and New Zealand. And, well, there've been a few stories about people having trouble with their money or some shady stuff.

Pros Cons
• Multiple regulation, FCA, ASIC, FMA, DFSA • Withdrawal problems occurred sometimes
• Wide range of trading assets and tools • Trading platform limited to MT4
• Multiple account types including demo and Islamic accounts • No 24/7 customer support
• No minimum deposit, $0 to start
• Competitive trading costs
• MT4 supported
• Various payment methods
• Multilingual customer support
• Rich educational resources

Axi Overview

Axi Key 10 Points
Founded in 2007
Registered Country Australia
Regulation ASIC, FCA, FMA, DFSA
Market Instruments Forex, Shares, Indices, Commodities, Cryptocurrencies
Demo Account Available
Leverage 500:1
EUR/USD Spread From 0.4 pips
Trading Platforms MT4, MT4 webtrader
Minimum deposit $0
Customer Support 24/5 multilingual live chat, phone, email

What is Axi ?

Axi (formerly AxiTrader) was founded in 2007 in Sydney, Australia, and has since expanded its presence to include offices in other regions, including Europe and the Middle East. AxiTrader welcomes all kinds of traders. If you're new and want to start without spending much, the $0 minimum deposit and easy platform are great. If you're more experienced, you'll like the many options to trade, good spreads, and quick execution. And for those inclined towards advanced features, Axi's ECN system and MetaTrader 4 platform are a notable combination.

basic-info

Is Axi legit?

Considering the pivotal aspect for brokers, that is regulation, it's indeed comforting to note that AxiTrader is under the oversight of regulatory bodies from four distinct nations. Among them, the UK's FCA and Australia's ASIC stand out as internationally acknowledged tier-1 regulatory authorities.

Regulated Country Regulated Authority Regulated Entity License Type License Number
ASIC Axi FINANCIAL SERVICES PTY LTD Market Making (MM) 318232
FCA Axi Financial Services (UK) Limited Market Making (MM) 466201
FMA Axi FINANCIAL SERVICES PTY LTD Straight Through processing (STP) 518226
DFSA Axi Financial Services Pty Ltd Retail Forex F003742

Advancing further, let's undertake a more detailed exploration of the regulatory licenses secured by Axi.

Axi's Australian entity, Axi FINANCIAL SERVICES PTY LTD, is regulated by ASIC under regulatory license number 318232, holding a license for Market Making (MM).

regulation

Notably, this license's credibility gains support from WikiFX's investigators. They physically traveled to the institution's registered address for thorough verification. At Level 10, 90 Arthur Street, North Sydney, NSW 2060, Australia, they found a functioning office, confirming the broker's operational status and significant scale. Behold, an image capturing the tangible office space of this company.

field-survey

In addition to being regulated by ASIC, this entity is also regulated by the FMA in New Zealand, with regulatory number 518226, holding a license for Straight Through processing (STP).

regulation

Now, let's examine the third license. Axi's UK branch, known as Axi Financial Services (UK) Limited, is overseen by the FCA and has been granted regulatory license number 466201. This license permits them to engage in Market Making (MM) activities as well.

regulation

Lastly, Axi also follows regulations from the DFSA in the United Arab Emirates under regulatory number F003742, authorized for Retail Forex activities.

regulation

Market Instruments

Trading Assets Available
Forex
Shares
label
Indices
label
Commodities
label
Cryptocurrencies
label
ETFS
label
Stocks
label
Options
label

Axi (formerly AxiTrader) gives you access to about 220 trading choices across 5 categories: forex, shares, indices, commodities, and cryptocurrencies. Yet, there are also other popular picks for trading, like ETFs, stocks, and options.

products

Account Types

AxiTrader offers three account types tailored to different trading needs, namely Standard, Pro, and Elite. The Standard Account has no setup cost and starts with spreads from 0.9 pips. The Pro Account tightens those spreads to 0.0 pips with a $7 round trip commission, while the Elite Account, designed for advanced traders, features 0.0 pips spreads and a reduced $3.50 round trip commission. All accounts support trading from 0.01 lots, mobile trading, and include MT4 NexGen. Leverage reaches up to 500:1, and you can choose base currencies among AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD. For the Elite Account, a minimum deposit of USD 25,000 is required.

Standard Account Pro Account Elite Account
Setup cost Free
Spreads From 0.4 pips From 0.0 pips
Commission None $7 round trip $3.50 round trip
Minimum Trade Size 0.01 lots
Minimum deposit $0 $0 $25,000
Products 140+ FX pairs, Metals CFDs
Pricing 5 digit pricing
Mobile trading Yes
MT4 NexGen
Margin/Leverage Up to 30:1 for Retail Clients Up to 400:1
Base account currencies AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD USD, EUR, GBP, AUD
EA compatibility Yes
VPS Free
Autochartist
myfxbook Autotrade
Suitable for All clients Wholesale & Professional clients only

Demo Trading

Also, Axitrader gives users free demo accounts that last for 30 days and include $50,000 in virtual funds. Demo accounts offered by Axitrader shine in these areas:

  • Practice Trading: You get $50,000 in virtual money to practice trading however you like.

  • Personal Support: You'll have a dedicated Account Manager and support available 24/5 to help you.

  • Real-Time Info: You can see live spreads on the popular trading platform, MT4.

  • Live-Like Demo: The MetaTrader 4 Demo account mimics the real market, so you can practice effectively.

  • Switch to Real: When you're ready, you can turn your demo account into a real one by funding it.

  • Currency Options: You can choose your account's base currency from options like AUD, EUR, GBP, USD, CHF, and PLNX.

However, base currency cannot be changed once created.

demo-accounts

Lastly, they even offer special Islamic trading accounts for Muslim traders that follow Shariah law.

Leverage

The leverage offered by AxiTrader is capped at 500:1. This means that traders can open positions with a much larger amount than their initial investment. However, high leverage can also lead to significant losses if the trade does not go as expected. Traders should exercise caution and use proper risk management strategies when trading with high leverage. Axi provides educational resources and tools to help traders understand the risks associated with leverage and how to manage them effectively.

Broker Maximum Leverage Notes
Axi Up to 500:1 Consistent maximum leverage across different accounts
Exness 1:2 to 1:Unlimited Leverage varies based on account type and trading volume
IC Markets Up to 500:1 Similar maximum leverage to Axi
Avatrade Up to 400:1 Leverage depends on instrument and regulatory requirements

Spreads & Commissions

Spreads and commissions with Axi are scaled with the accounts offered. Specifically, the spread starts from 0.4 pips on the Standard account, and 0.0 pips on the Pro and Elite account.

As for the commission, there is no commission on the Standard account, a commission of $7 round trip on the Pro account, and $3.5 round trip on the Elite account.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
AxiCorp 0.4 pips No
Admiral Markets 0.5 pips No
LiteForex 0.9 pips No
FxPrimus 0.2 pips $10 per lot RT

Note: Spread and commission information is subject to change, and the above table reflects the data available at the time of writing. Please always check with the broker for the most up-to-date information.

Trading Platforms

Axi offers traders the popular MetaTrader 4 (MT4) platform for desktop, mobile, and web. MT4 is a widely used platform that offers a wide range of charting and technical analysis tools, customizable indicators, and the ability to use automated trading strategies through Expert Advisors (EAs). The MT4 platform is available for download on PC and Mac computers, as well as on mobile devices for both iOS and Android.

trading-platform

Additionally, Axi offers the MT4 WebTrader, which allows traders to access the platform directly from their web browser without the need for any downloads or installations.

Overall, the availability of MT4 on multiple devices and the option to use EAs makes it a popular choice among traders.

Available Devices PC, Mac, Mobile ( OS and Android)
Language English
Scalping
label
Hedging
label
Automated Trading
label
One-click Execution
label
Web-based Trading
label
Mobile Trading
label
MT5
label
cTrader
label
Proprietary Platform
label

Trading Tools

There are a range of trading tools designed to enhance the trading experience for its clients. These include Myfxbook Autotrade, which allows traders to follow and copy the trades of successful traders, MT4 signals which provide real-time trade ideas and analysis, MT4 VPS hosting which offers a dedicated virtual private server to ensure optimal performance and minimal downtime.

trading-tools

Additionally, the broker offers a suite of calculators to help traders with their risk management and trade analysis, such as Profit/Loss Calculator, Pip calculator, and Currency converter. These trading tools can be very helpful for traders to better understand their trades and manage their risk effectively.

trading-tools

Deposits & Withdrawals

Axi minimum deposit vs other broker.

AxiCorp Most Other Brokers
Minimum Deposit $0 $100

AxiTrader stands out from other brokers as they don't require any money to start trading. Here's why it matters:

  • Easy Access: With no minimum deposit, anyone can join and trade. You don't need a lot of money upfront.

  • Less Risk: Starting with $0 means you're not risking much. It's great for beginners or anyone cautious about investing.

  • You Decide: You're in control. You can put in as much as you're comfortable with.

  • No Pressure: You don't feel pushed to deposit a certain amount. It's more relaxed and beginner-friendly.

  • Learn and Experiment: You can try different strategies and learn without needing a big investment upfront.

Axi welcomes traders to fund their accounts through the following payment methods: credit/debit cards, POLi and Bank Transfers, Skrill, Neteller, Fasapay, POLi, Cryptos, with no fees charged by Axi for any payment method. However, traders should be aware that some international banking institutions may charge fees for transfers, for which Axi accepts no responsibility.

Please also note that payments to Axi via credit/debit cards may be viewed as a cash advance by some banks, potentially incurring additional fees. Deposits made via credit/debit cards and POLi are processed instantly, while bank transfer deposits and withdrawals can take 1-3 business days to be processed.

Payment Methods Currencies Minimum Deposit Minimum Withdrawal Fee Time
label
AED, CAD, EUR, GBP, JPY,NZD, PLN, SGD, USD 5 USD N/A Free* Instant
label
AED, CAD, EUR, GBP, JPY,NZD, PLN, SGD, USD 5 USD N/A Free* Instant
label
CAD, EUR, GBP,PLN, USD 5 USD 5 USD Free* Instant
label
AUD, CAD, CHF, EUR, GBP,HKD, JPY, NZD, SGD, USD N/A 50 USD Free 1-3 days
label
AED, CAD, EUR, GBP,INR, USD 5 EUR 5 USD Free 1-3 days
label
Vary depending on countries Free 1-3 days
label
IDR, USD 5 EUR 5 USD Free 1-3 days
label
N/A 30 USD 50 USD Free 1-3 days
label
N/A 30 USD 50 USD Free 1-3 days
label
BRL 50 BRL N/A Free Up to 12hrs
label
AUD 5 AUD N/A Free Instant

Remember, these fees can change and might be different based on how you're making the payment. To stay updated, it's a smart move to reach out to the broker and get the most recent fee details before you decide to deposit or withdraw any funds.

Customer Support

Axi's customer service is comprehensive and available 24/5 in multiple languages, with live chat, phone, email, WhatsApp, and a help center. This means that clients can easily get in touch with the Axi support team whenever they need assistance or have any questions. The availability of multiple communication channels ensures that clients can choose the most convenient way to contact support.

Additionally, the Help Center offers a range of resources and frequently asked questions that can help clients find answers to their questions quickly and efficiently.

customer-support
customer-support

Overall, Axi's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• 24/5 multilingual live chat support • No 24/7 support
• Help Center available • No social networks
• Customer service representatives are knowledgeable and friendly

Education

Axi makes learning easy with a variety of educational resources. If you're using the MT4 platform, their step-by-step video tutorials are there to guide you. They also offer Free eBooks, covering everything from basics to advanced topics. Stay updated on market trends through the Axi Blog, which features expert insights and daily analysis. For structured learning, the Axi Academy provides courses on forex, technical analysis, and risk management. If you're diving into cryptocurrencies, the Crypto Glossary will help you grasp the terms.

Educational Contents Offered
MT4 Video Tutorials
30
eBooks
30
Blog
30
Axi Academy
30
Crypto Glossary
30
Trading Glossary
30
Webinars
30
educational-resources

Conclusion

All things considered, Axi is a well-regulated and reputable broker that offers a wide range of markets and instruments for trading, including forex, shares, indices, commodities, and cryptocurrencies. They also offer multiple account options, free demo accounts, and leverage up to 500:1. In addition, their MT4 trading platform is robust and feature-rich, with various tools and resources to support traders.

However, there have been reports of issues with withdrawals and scams. Overall, Axi is a good choice for experienced traders (Australian and New Zealand residents only) who are looking for a diverse range of trading opportunities and who prioritize a broker's reputation and regulation.

Frequently Asked Questions (FAQs)

Q1: Is AxiCorp regulated?

A1: Yes. It is regulated by Australia Securities & Investment Commission (ASIC).

Q2: Does Axi accept US investors?

A2: No, Axi does not accept US investors.

Q3: Does AxiCorp offer demo accounts?

A3: Yes, demo accounts are available.

Q4: Does Axi offer the industry-standard MT4 & MT5?

A4: Yes. Axi only supports MT4.

Q5: What is the minimum deposit for AxiCorp?

A5: There is no minimum initial deposit requirement.

Q6: Is AxiCorp a good broker for beginners?

A6: Yes. AxiCorp is a good choice for beginners because it is regulated well and offers various trading instruments with no minimum deposit requirement and competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Are the transaction costs and expenses of exness, axicorp lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive exness and axicorp are, we first considered common fees for standard accounts. On exness, the average spread for the EUR/USD currency pair is À partir de 0,3 pips, while on axicorp the spread is 0.4.

Which broker between exness, axicorp is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

exness is regulated by CYSEC,FCA,FSCA,FSA. axicorp is regulated by ASIC,FCA,FMA,DFSA.

Which broker between exness, axicorp provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

exness provides trading platform including Standard,Pro,Zero,Raw Spread,Standard,Standard Cent and trading variety including Forex, métaux, e-monnaies, énergies, actions, indices. axicorp provides trading platform including Standard Account,Professional Account,专业账户 and trading variety including --.

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