It is well-designed and user-friendly, with a good search function. Yes Axi does not have its own self-developed trading platform, it usesMetaTrader 4,a third-party platform. To access it, first you have to log in to a client platform. There were times in our experience when accessing certain menus took ages, with the whole page frozen while loading. The withdrawal method must be the same as your deposit method, except for deposit via bank card to withdraw to your bank account. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee.
At the time of inception of my trading – Axi was not well known to me . I traded other famous naming broker.Thouth they gave commission, cash back facilities and items facilities but they shows major liquidity problems. Now and then cut big amout of commission specially mid- night . Axi maintain smooth liquidity and promt communication newtork. So, it is most reliable to me now.I like to continune my trading business with Axi and also request others to justify this broker at least one time. I have been a client of AxiTrader Limited since 2014 and now I am trying to get my funds from my account within 2 weeks.
However, the company delays this process in any way, promises and provides false information. I demand to provide me with confirmation of sending money , they refuse to do this. Now, I’m with Finance Me Consultancy , who provides intermittent payouts. The business helps consumer https://forexarena.net/ in making wise financial inv, ensuring timely and accurate payments. Axi has some drawbacks, though.Its product range is limitedto forex and CFDs, and its research tools lack recommendations and fundamental data. In addition, customer support is available only 24/5.
- Axi is a member of the Hong Kong-based Financial Commission, featuring a €20,000 compensation fund.
- I would recommend AXI trading and affiliation services to anyone.
- We received quick and mostly relevant answers to our questions.
- What you need to keep an eye on are trading fees and non-trading fees.
- On the other hand, its design is outdated and it lacks price alerts.
- You should click on ‘Financial Statements’ within the ‘Trading Accounts’ menu.
On the plus side, forex fees are low, and deposits and withdrawals are free of charge. Account opening is easy and fully digital, without any minimum deposit, which is also great. Professional and non-EU clients are not covered by negative balance protection. Social traders may either rely on the MT4 built-in copy trading platform or use Myfxbook Autotrade.
At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . Our ultimate guide to the Axi minimum deposit is updated regularly. You can use a demo account, watch high-quality videos and read great ebooks. This is a great addition compared to similar CFD brokers.
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. The broker is good, good spreads and quick withdrawals. However my withdrawal on my commission on bringing clients has been unsuccessful since June! I received replies that the payment is on hold and so on and so forth.
A bank transfer can take several business days, while payments with a credit/debit card or electronic wallets are instant. In addition to bank transfer, you can use credit/debit cards, broker-to-broker transfer and several electronic wallets, as well as cryptocurrencies. Elite account – $3.50 round trip commission, generally lower spreads. We ranked Axi’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities.
Markets and products
It is important to note that certain products are only available from specific live servers on the MetaTrader trading platform. After you download the MT4 mobile trading platform, you have to access the Axi-Live server. You can’t set alerts and notificationson the Axi web trading platform.
By meeting select criteria (depositing at least $300 and making one Axi trade), customers can receive a 38% trading credit. This is only available between February 8 and March 8, 2021. It is not available to returning Axi clients or to residents of the EU, the UK, Australia, or New Zealand. Hi Dwight Colella, thank you for leaving us a review. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money.
I have been trading with different brokers alongside axi. But recently, I conclude to stay with axi due to their faithfulness and timely service delivery. We tested it and collected the options and costs in How to withdraw money on Axi. The general educational videos have great quality and cover a lot of topics, like trading psychology and forex trading. You can download multiple high-quality ebooks as well.
¿Cuáles son las tarifas y comisiones de Axi?
Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.
It seems deliberate and it took me a while to realize this after experiencing several setbacks. Feel free to try Axias its trading fees are low and there are no deposit or withdrawal fees. Axi offers the research tools of the MetaTrader platform, which do not include trading ideas or fundamental data. As a plus, there are other web tools, like a great economic calendar.
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 I find business-savvy. I also believe that the trading conditions at Axi are better than any deposit bonus and the absence of it non-essential. Here is a screenshot of the Axi MT4 Pro trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
It is well written and features charts with easy-to-understand trading ideas. If yes, kindly send the account number with the inactivity fee to , and our Client Services Team will check it for you. Their response was a defence of why they are technically within the terms of the Client Agreement to charge the inactivity fee with no notice. They have made no attempt to address my complaint or offered any acknowledgement that charging dubious fees without prior warning is bad practice.
Trading ideas
Also, the quantity of news differ from language to language – for example, news in Spanish only seems to be updated once a month. You can also useCopy Trading, another axi review social trading feature. This allows you to identify successful traders and follow their trades, which are then translated into real trades in your own broker account.
Axi Elite
If you encounter any difficulties with withdrawing your funds, please contact us at Our dedicated team is always ready to provide you with the necessary support and assistance. Hi Ankit, thank you for taking the time to leave us a review. After verifying your account, we could not find any records of a withdrawal request.
Axi processes withdrawal requests within one to two hours, ensuring traders get swift access to their capital without complications. There are no internal fees, but third-party processor costs apply. I recommend traders check with their preferred one to ensure the most cost-efficient method. Traders must request withdrawals from the secure client portal, and the name of the Axi account must match the one on the payment processor or bank account.
A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone. Axi offers 24/7 customer support via e-mail, live chat, or eleven toll-free numbers, but I did not find an FAQ section. Axi explains its products and services well, and I believe most traders will not require assistance. In case of emergencies, Axi customer support is easily accessible.
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Axi offers a positive swap on EUR/USD short positions, meaning traders get paid money.
Answer a couple of questions that assess your level of trading experience. In this review, we tested the individual Pro account.
Axi’s web trading platform hasgreat customizability.You can easily change the size and the position of the tabs. You can only deposit money from accounts that are in your name. Axi has low fees for trading index CFDs, while stock CFD fees are average. Compete with cash offers and bid, buy, and close fast.