Broker Name	MTrading
Registered in	Saint Kitts and Nevis
Regulated by	No effective regulation at this time
Year(s) of establishment	5-10 years
Trading instruments	Forex pairs, commodities, stocks, cryptocurrencies, indices
Minimum Initial Deposit	$10
Maximum Leverage	1:1000
Minimum spread	0.0 pips onwards
Trading platform	MT4 and its own mobile application
Deposit and withdrawal method	electronic payment systems, bank cards, and wire transfer options
Customer Service	Email, phone number, address, live chat
Fraud Complaints Exposure	Yes
Negative balance protection	Yes

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.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and cons of MTrading

Pros:

• Wide range of trading instruments, including currencies, stocks, cryptocurrencies, indices, commodities and other highly liquid financial assets.

• Low account opening requirements, with the ability to start trading with as little as $10 on the M.Cent account.

• Flexible and convenient deposit and withdrawal options, including a variety of electronic payment systems, bank cards and wire transfer options.

• Copy trading features allow novice traders to learn from experienced traders and potentially increase profits.

• Educational resources such as articles, news and technical analysis are available to help traders stay informed and make more informed decisions.

Cons:

• Customer support may not be able to provide quick responses due to the high volume of requests.

• Limited options for contacting customer support, with only a few social media accounts and an online chat button available.

• Limited educational resources compared to some other brokers in the market.

• Limited trading platforms available, with only MT4 and a mobile application offered.

• The high maximum leverage of up to 1:1000 can increase the risk of losses for traders who are not experienced with high leverage trading.

What type of broker is MTrading？

Advantages	Disadvantages
MTrading offers tight spreads and fast execution due to its Market Making model.	As a counterparty to its clients' trades, MTrading has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients.

MTrading 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, MTrading 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 the leverage offered. However, this also means that MTrading 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 interests of their clients. It is important for traders to be aware of this dynamic when trading with MTrading or any other MM broker.

General information

MTrading is a global forex and CFD broker that was established in 2013. It is not regulated and offers trading services to both retail and institutional clients. MTrading provides its clients with access to over 100 trading instruments, including forex, commodities, and indices, with flexible leverage options of up to 1:1000. The company offers three types of accounts to cater to different trading needs and experience levels. In addition to its trading services, MTrading also provides educational resources and copy trading capabilities to its clients.

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Is MTrading safe？

MTrading's claimed NFA regulation is questionable, as its purported license number cannot be verified on the NFA's official website. This regulatory discrepancy warrants caution from prospective clients and thorough due diligence to mitigate potential risks.

Market instruments

Advantages	Disadvantages
Popular trading instruments are available, including currencies, stocks, cryptocurrencies, indices, commodities, and other highly liquid financial assets	The lack of regulation makes it difficult to assess the safety of trading with MTrading
The limited information available about the trading instruments and their underlying assets makes it challenging for traders to conduct thorough analysis and risk management
The absence of regulatory oversight may lead to potential conflicts of interest and unethical business practices on the part of the company
The high level of risk associated with some of the trading instruments, such as cryptocurrencies, may not be suitable for all traders and can result in significant financial losses

MTrading offers various trading instruments for traders to choose from. With access to currencies, stocks, cryptocurrencies, indices, commodities, and other highly liquid financial assets, traders have the opportunity to diversify their portfolios and take advantage of market trends across multiple markets. However, the lack of regulation makes it difficult to assess the safety of trading with MTrading. Additionally, the limited information available about the trading instruments and their underlying assets may make it challenging for traders to conduct thorough analysis and risk management. The absence of regulatory oversight may also lead to potential conflicts of interest and unethical business practices on the part of the company. Finally, traders should be aware of the high level of risk associated with some of the trading instruments, such as cryptocurrencies, which may not be suitable for all traders and can result in significant financial losses.

Spreads, Commissions and Other Costs

Advantages	Disadvantages
Competitive spreads on all account types	Commission charged on the M.Pro account
No commission charges on M.Cent and M.Premium accounts
Transparent trading specifications available for all accounts
Low minimum deposit requirements on all account types

MTrading offers competitive spreads on all account types, ranging from 0 pips on the M.Pro account to 1 pip on the M.Cent and M.Premium accounts. The M.Cent and M.Premium accounts do not have any commission charges, while the M.Pro account charges a commission of 4USD per standard lot traded. The trading specifications are transparent and available for all accounts, allowing traders to make informed decisions based on the trading conditions. Another advantage is the low minimum deposit requirements on all account types, which makes trading accessible for a wider range of traders. However, the disadvantage of the commission charge on the M.Pro account may be a consideration for some traders.

Trading Accounts Available in MTrading

Advantages	Disadvantages
M.Cent account allows for micro lot trading, making it easy for beginners to start trading with just $10.	The low starting capital of M.Cent account means that there is a limit to how much profit can be made.
M.Premium account offers over 100 trading instruments and requires a starting capital of just $100.	The limited account types offered by MTrading may not be suitable for all traders.
M.Pro account provides access to zero spread trading with a commission of $4USD and requires a starting capital of $500.	The zero spread feature of M.Pro account comes with a commission which can increase trading costs.

MTrading offers three different account types to cater to the needs of different types of traders. The M.Cent account is ideal for beginners who are just starting with trading and want to practice with micro lot trading, requiring a low minimum deposit of $10. The M.Premium account offers a wider range of trading instruments and is suitable for traders with some experience who want to trade with larger positions, asking a minimum deposit of $100. Finally, the M.Pro account is designed for more experienced traders who want to take advantage of zero spread trading with a commission of $4USD. This account requires a high minimum deposit of $500. Overall,low starting capital requirement of M.Cent and M.Premium accounts makes it easy for traders to start trading with MTrading.

Trading Platform(s) that MTrading Offers

Advantages	Disadvantages
MT4 is a popular and widely used trading platform that is highly customizable and user-friendly	The company does not offer any other trading platforms besides MT4
MTrading also offers its own mobile trading application for convenient trading on-the-go	The mobile application may have limited features compared to the desktop version of MT4
MT4 supports a wide range of technical indicators, expert advisors, and algorithmic trading strategies	Some traders may prefer a more advanced platform with additional features and tools
MT4 has a large and active online community, which provides access to a wealth of resources, such as forums, educational materials, and custom indicators	The platform may be overwhelming for new traders who are not familiar with its features and functionality

MTrading offers its clients the popular MT4 platform, which is widely used and highly regarded by traders around the world. MT4 is a customizable and user-friendly platform that supports a wide range of technical indicators and trading strategies. The platform also has a large and active online community that provides access to a wealth of resources for traders. In addition, MTrading also offers its own mobile trading application, which provides convenience for traders who need to manage their trades on-the-go. However, some traders may prefer a more advanced platform with additional features and tools, and the mobile application may have limited features compared to the desktop version of MT4.

Here is a video about their own app on their official YouTube channel.

Maximum Leverage of MTrading

Advantages	Disadvantages
High Leverage allows for potential higher profits with smaller capital	High leverage can magnify losses, leading to a larger risk of losing capital
Traders can open larger positions with smaller amounts of funds	High leverage requires responsible risk management to avoid significant losses
Leverage can offer more trading opportunities and flexibility	Overuse of leverage can lead to overtrading and emotional decision making

MTrading offers a maximum leverage of up to 1:1000, which is significantly higher than what is typically offered by regulated brokers. While high leverage can offer traders the potential for higher profits with smaller amounts of funds, it can also magnify losses and increase the risk of losing capital. Traders must exercise responsible risk management and avoid overuse of leverage to avoid significant losses. High leverage can offer more trading opportunities and flexibility, but it also requires careful monitoring of positions and market movements. It is important for traders to have a solid understanding of leverage and its potential risks before using it in their trading strategy.

Deposit and Withdrawal: Methods & Fees

Advantages	Disadvantages
Flexible deposit and withdrawal options	Limited options for certain regions
Variety of electronic payment systems, bank cards, and wire transfer options	Some deposit and withdrawal methods may incur additional fees
Convenient and fast processing time for deposits and withdrawals	Withdrawals may take longer for certain payment methods or in some cases due to regulatory requirements

MTrading offers a wide range of flexible and convenient ways to deposit and withdraw funds. Clients can choose from a variety of electronic payment systems, bank cards, and wire transfer options to make deposits or withdrawals. The processing time for deposits is fast, and the withdrawal processing time depends on the payment method used, with some methods taking longer than others. However, there may be additional fees for certain deposit and withdrawal methods, and some regions may have limited options available. Overall, MTrading provides its clients with a convenient and reliable service for managing their funds.

Educational Resources

Advantages	Disadvantages
Comprehensive educational resources	No live webinars or educational courses
Free access to articles, news, and technical analysis	Limited resources for beginner traders
Educational resources updated regularly	Limited video resources

MTrading provides a range of educational resources to help traders stay informed and improve their trading skills. The company offers free access to articles, news, and technical analysis, providing a comprehensive overview of the latest trends and market conditions. These resources are updated regularly to ensure traders are always up to date with the latest developments in the financial markets. However, MTrading doesn't offer live webinars or educational courses, which may limit the opportunities for beginner traders to learn and improve their skills. Additionally, the company has limited video resources, which may also be a disadvantage for some traders. Overall, the educational resources offered by MTrading are comprehensive and up to date, providing valuable insights and analysis for traders looking to stay informed and make informed trading decisions.

Copy Trading

Advantages	Disadvantages
Can be a time saver for beginner traders	May result in blindly following a strategy without understanding its rationale
Allows access to experienced traders strategies and trades	Copy trading fees can be expensive and add up over time
Reduces emotional trading by removing the need for constant decision making	Copy trading performance is highly dependent on the performance of the trader being copied
Can be customized to fit individual risk preferences	Not all traders are available for copy trading
No need for extensive market knowledge	Copy trading may not be suitable for all trading styles and preferences

MTrading offers the copy trading feature, which allows traders to automatically replicate the trades of experienced traders on the platform. This feature can be beneficial for beginner traders who lack the necessary skills and knowledge to make profitable trades independently. Copy trading can be customized to fit individual risk preferences and can reduce emotional trading by removing the need for constant decision making. However, copy trading comes with its own set of disadvantages, such as blindly following a strategy without understanding its rationale, copy trading fees that can add up over time, and copy trading performance being highly dependent on the performance of the trader being copied. Therefore, traders need to carefully consider the pros and cons of copy trading before deciding to use this feature.

Customer Service of MTrading

Advantages	Disadvantages
Comprehensive FAQ section	Limited customer service channels
Efficient social media presence	Response time may be slow due to high volume of inquiries
Online chat available for assistance	Limited availability for personalized support

There are only a few social media accounts, an online chat button, and an extensive FAQ section available for customer care on MTrading. While the FAQ section is detailed and informative, the lack of multiple contact options may not be enough for some clients who require immediate assistance. The support team's response time may be slow due to the large volume of requests.

Conclusion

MTrading appears to be a reputable online broker that offers a wide range of trading instruments, flexible account types, and platforms suitable for both novice and experienced traders. The company also provides various educational resources such as articles, news, and technical analysis to assist traders in making informed decisions. The leverage offered by MTrading is also high, up to 1:1000, allowing traders to increase their potential profits. However, the lack of transparency regarding its regulation status and the limited customer support channels may be a concern for some traders. Overall, MTrading seems to be a good option for traders seeking a diverse range of trading options and educational resources.

Frequently Asked Questions (FAQs)

Is MTrading legit？

No, MTrading is not regulated by any financial authority, unsafe to trade with.

What is the minimum deposit to open an account with MTrading？

The minimum deposit for M.Cent account is only $10, for M.Premium account is $100 and for M.Pro account is $500.

Is MTrading a good broker for beginners？

No, MTrading is not a good choice for beginners. While the broker offers beginner-friendly accounts, the lack of regulatory oversight remains a significant risk, particularly for beginners.

Does MTrading offer copy trading？

Yes, MTrading provides copy trading for its clients.

How can I deposit and withdraw funds with MTrading？

MTrading provides a variety of electronic payment systems, bank cards, and wire transfer options for deposit and withdrawal of funds. The company also allows internal transfers between accounts of its clients.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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
• Flexible trading leverage up to 500:1
• Competitive trading costs
• MT4 supported
• Various payment methods
• Free VPS for the Elite account
• 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.

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）.

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.

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).

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.

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

Market Instruments

Trading Assets	Available
Forex
Shares
Indices
Commodities
Cryptocurrencies
ETFS
Stocks
Options

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.

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.

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.

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
Hedging
Automated Trading
One-click Execution
Web-based Trading
Mobile Trading
MT5
cTrader
Proprietary Platform

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.

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.

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
	AED, CAD, EUR, GBP, JPY,NZD, PLN, SGD, USD	5 USD	N/A	Free*	Instant
	AED, CAD, EUR, GBP, JPY,NZD, PLN, SGD, USD	5 USD	N/A	Free*	Instant
	CAD, EUR, GBP,PLN, USD	5 USD	5 USD	Free*	Instant
	AUD, CAD, CHF, EUR, GBP,HKD, JPY, NZD, SGD, USD	N/A	50 USD	Free	1-3 days
	AED, CAD, EUR, GBP,INR, USD	5 EUR	5 USD	Free	1-3 days
	Vary depending on countries			Free	1-3 days
	IDR, USD	5 EUR	5 USD	Free	1-3 days
	N/A	30 USD	50 USD	Free	1-3 days
	N/A	30 USD	50 USD	Free	1-3 days
	BRL	50 BRL	N/A	Free	Up to 12hrs
	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.

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
eBooks
Blog
Axi Academy
Crypto Glossary
Trading Glossary
Webinars

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.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.