Axitrader offers various funding payment methods listed in your Axitrader dashboard if available in your region. To learn more about the Axitrader funding and withdrawal options available in your area, you can explore the Axitrader website. Additionally, traders can enjoy Raw Pricing without any intervention from brokers.

What you should know about trading with AxiTrader

We want to ensure you have all the knowledge necessary to use the Axitrader trading tools confidently, from depositing and withdrawing funds to executing trades. The Compensation Fund does not cover Australian and New Zealand residents, but they have the added protection of negative balance protection. Hence, a trader from Australia or New Zealand can not lose funds that exceed the amount of money invested with the broker. The lack of a proprietary trading platform may dissuade traders who do not like the popular MT4 platform.

For those who seek a trading platform with cutting-edge tools, Axi Select is the ultimate choice. AxiTrader prides itself on its customer support, available 24/5 via live chat, email, and phone. The broker also offers extensive educational resources, including webinars, tutorials, and market analysis. These resources are particularly beneficial for novice traders looking to build their knowledge and skills. Both the accounts provide mostly similar types of trading features except the AxiTrader spread along with the cost of trading and related trading conditions.

The Elite account

• However, traders who prefer the MT4 platform will be right at home with AxiTrader.
• We recognize that well-informed decisions with AxiTrader are the cornerstone of successful trading.
• With Negative balance protection, traders cannot lose more money than they have deposited.
• As a client, you may also enjoy the possibility to have account base currency in GBP, USD, EUR, CHF or PLN and deposit funds in those major currencies as well.
• The Android AxiTrader MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.

Therefore, you should only risk trading when you understand that your axitrade capital is at risk at any time. There is no official list of the countries the broker does not support. A review of the company policy shows that they are working hard to provide their trading services to traders from all countries.

• Axitrader may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients.
• Below we give an overview of the account types that Axitrader offer.
• Brokers like Axitrader must disclose any inactivity fees as part of their regulations.
• 75.9% of retail investor accounts lose money when trading CFDs with this provider.
• To find out more about what other online trading platforms like AxiTrader offer.

Trading Platform

Moreover, clients of UK brokers are covered by the Financial Services Compensation Scheme (FSCS) coverage. In the event of company insolvency, FSCS is able to pay compensation up to a maximum of £50,000 per person per regulated entity. Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Which Countries do AxiTrader support?

AxiTrader is subject to the Financial Commission, the body resolving financial market disputes. As a member, the broker is subject to the Compensation Fund, which serves as insurance for its clients. A client may receive up to €20,000 per client if the broker does not comply with any Financial Commission judgment favoring the client. The platform’s stability and consistent performance create a trustworthy trading environment.

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AxiTrader offers demo accounts for the ease of inexperienced traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies. Aside from trading fees, online brokers also bill non-trading fees. They’re billed for services like depositing money, not trading for lengthy periods, or withdrawals.

Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. It’s essential to remember that the payment methods provided by Axitrader vary based on the Axitrader entity and the Axitrader client’s country of residence. To view the Axitrader payment options available, you can log into your Axitrader member’s area. With Autochartist, Axitrader traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Axitrader users time and makes the trading process more efficient. This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades.

The broker provides some market analysis on its blog, but the information is not frequently updated to keep up with market events. Traders can also change the leverage level of their accounts after registration. We tested the entire process when opening our account, and it was fully digital.

One of the standout features of Axi (AxiTrader) is its low commission structure. Depending on the account type, traders can benefit from spreads as low as 0.0 pips with a commission fee of $7 per round turn lot. This structure is particularly advantageous for scalpers and high-frequency traders. AxiTrader is licensed and regulated by the two main authorization institutions Financial Conduct Authority (UK) and by the Australian Securities & Investments Commission. Since over-the-counter derivatives carry significant risks traders should be assured they’re dealing with a transparent provider, which can be provided only by the regulated broker. Generally, the minimum deposit at Axitarder is $0, so it gives you the freedom to choose the desired amount to start trading with.

They do not accept clients from countries that are marked as high-risk or where trading is not permitted. I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader. A major pro was that Axi has low spreads across all the instruments we traded with Bitcoin spreads being very low.