Abstract:AxiCorp was founded in Sydne in 2007 and opened a branch in London in 2012, winning the Best Spreads Award at CIOT EXPO. In 2013, AxiCorp won the Best Forex Broker in Asia Award and the Most Recommended Forex Provider in Australia Award. In 2018, AxiCorp opened a new office in Dubai, which was licensed by the Dubai Financial Services Authority, and in the same year, introduced cryptocurrency CFD trading. Axitrader offers various educational resources, including webinars, free e-books for investors to learn about Forex and CFDs quickly.
General Information & Regulation
Axi is a trading name of AxiTrader Limited (AxiTrader), which is incorporated in St Vincent and the Grenadines, number 25417 BC 2019 by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines.
Market Instruments
Axitrader offers investors a range of financial instruments including major, minor and exotic currency pairs, CFDs, gold, silver, oil, commodities, market indices, cryptocurrencies, etc.
Minimum Deposit
Axitrader offers two different types of accounts to meet traders' investment needs and trading experience of different levels: Standard and Pro Accounts. Both accounts have a minimum trading lot size of 0.01, no minimum deposit limit.
Axitrader Leverage
The maximum trading leverage offered by Axitrader for forex trading is relatively high, reaching up to 1:500. Since leverage can amplify returns as well as gains, inexperienced trader are not advised to use high leverage level in case of heavy fund losses.
Spreads & Commissions
For Axitrader Standard Accounts, the minimum spread is 1.2 pips for EURUSD, 1.5 pips for USDJPY, 40 pips for XAUUSD, and 2.5 pips for XAGUSD. For Pro Accounts, the minimum spreads are from 0.1 pips for EURUSD, 0.1 pips for USDJPY, 22 pips for XAUUSD, and 1.1 pips for XAGUSD. No commissions are charged for Standard accounts, while the commission for trading on Pro accounts is $12 per full lot.
Trading Platform
Axitrader offers traders the flexibility to choose from the market-leading and industry-recognized MT4 trading platform, as well as MT4 PC, MT4 MAC, MT4 Android, and MT4 iPhone versions. MT4 is the best way to stay up to date with the latest market conditions in real-time.
Deposit & Withdrawal
Axitrader supports various convenient deposit and withdrawal methods, mainly credit/debit cards, POLi, FasaPay, Sofort, Neteller, Skrill, IDeal, AllPay, internet banks in China, Thailand, Vietnam, Indonesia, Hong Kong, and many other countries.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.