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    1 Minute to Know Axi Before Trading

    Abstract:Axi offers Forex traders a well-regulated, trustworthy, and competitive trading environment. Some industry publications place it among the Top 10 Forex brokers by trading volume. As AxiTrader was founded in 2007 and is based in Australia along with it having offices in London, which were opened in 2012. Axi focuses predominantly on the provision of financial products for retail investors. Axi has more than 40,000 registered traders in over 100 countries and a monthly client trading volume of around $100 billion.
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      Axi offers Forex traders a well-regulated, trustworthy, and competitive trading environment. Some industry publications place it among the Top 10 Forex brokers by trading volume. As AxiTrader was founded in 2007 and is based in Australia along with it having offices in London, which were opened in 2012. Axi focuses predominantly on the provision of financial products for retail investors. Axi has more than 40,000 registered traders in over 100 countries and a monthly client trading volume of around $100 billion.

      

      Axi makes provision for traders of all backgrounds with different levels of knowledge. Axis business conduct is based on being a modern Forex broker with values that are built on honesty, transparency, and trust. This broker provides the best possible pricing in conjunction with the latest and best trading technology.

      

      Besides competitive trading costs, Axi offers traders the third-party trading analysis platform PsyQuation. It can help traders improve their performance, which I find an excellent tool. Axi also uses the PsyQuation score for its AxiSelect program, which funds talented traders with capital, a rare and unique feature.

      

      While Axi does not offer deposit bonuses, it presently maintains two promotions for affiliates. Both are well-structured, and Axi focuses on growing its trader-base with long-term clients, a move you can find business-savvy.

      

      Is AxiTrader safe and Regulated?

      

      Axi is regulated by multiple financial authorities worldwide, such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Dubai Financial Services Authority (DFSA). Being regulated by several top-tier authorities is a good sign for Axi's safety.

      

      Axi is a transparent provider and according to regulations imposed by both the FCA and the ASIC, clients funds are kept in segregated accounts with top-tier banks. These funds are also secured by compensation funds.

      

      Depending on the region in which an account with Axi is registered, traders have access to leverage levels of up to 1:400. The FCA has updated the limits to only allow traders a leverage of 1:30. This is due to the risks involved with high leverage levels. But, should traders hold an account registered through the ASIC, they can make use of the maximum leverage of 1:400 provided. The maximum level of leverage allowed will be determined by the type of account the trader chooses and it can range from 1:50 to 1:400.

      

      Axi offers traders a choice between two account types, with the choice of opening a demo account on each which has the same features and virtual funding with which trading can be explored without the risk of losing actual funds.

      

      Account types

      

      Axi differentiates its accounts based on two things: who owns them and what fee structure is applied.

      

      Based on ownership, there are three types of accounts:

      

      • Individual - account is owned by an individual

      

      • Joint - account is owned by multiple individuals

      

      • Corporate - account is owned by a legal entity

      

      Accounts can differ in fee structure, too:

      

      • Standard account - no commission fees, generally higher spreads

      

      • Pro account - $7 round trip commission, generally lower spreads

      

      There's also an option to open an Islamic account.

      

      Axi offers a vast variety of educational tools starting from the demo account, which is available, to get beginner traders used to a trading environment by using virtual money and by having access to the same functionality available to the live accounts. Their dedicated educational center features: Forex Trading Market Analysis Trading Psychology Trading Strategies Stocks, and several others.

      

      Axi also provides seminars and webinars with which to aid beginner traders in sharpening their knowledge and skills in trading.

      

      Similarly to the web trading platform, Axi offers MetaTrader 4 as a mobile trading platform. MetaTrader 4 is available for both iOS and Android. We tested it on iOS. From one MT4 terminal client can access the full range of widely presented by the company trading options, including Forex, Commodities as well CFDs and Indices, Bitcoin or Cryptocurrencies also can be traded the same way as major currencies. Overall, the broker covers the most demanding markets to trade, also UK residents can benefit from the Spread Bet option.

      

      Axi offers bank wires, credit/debit cards, POLi, FasaPay, Sofort, GiroPay, iDEAL, Neteller, Bitcoin, Skrill, Boleto, Global Collect, and 17 regional online banking solutions.

      

      The Axi blog also features high-quality educational articles, and can only recommend that traders of all levels take a look, as there is plenty of thought-provoking content. Five eBooks are also available free of charge, but Axi asks for a name, country, phone number, and e-mail address.

      

      The Axi website comes equipped with charting tools, a news feed and an economic calendar which can be accessed through the MetaTrader 4 platform to ensure that traders are up to date with market news and movements. Axi is not only fully regulated and authorized, but since its inception in 2007, the company has also been awarded as: Best Spreads CIOT Expo – 2012 Best IB & Affiliate Program Worldwide – 2013 Best Forex Broker in Asia – 2013 Financial institution of the Year – 2014 Most Reliable Forex Broker – 2017, and several more.

      

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
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