AxiTrader Review and Tutorial 2019

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AxiTrader provide Forex and CFD trading into retail and professional traders. Our review contains all you want to understand, from minimal deposit, withdrawal information along with MetaTrader 4 integration, to both spreads, leverage and demonstration account information. Catering to traders in the EU into Australia, Singapore and Indonesia, the customer portal opens a Selection of worldwide opportunities. Login now and determine when AxiTrader are ideal for you.
Introducing AxiTrader
AxiTrader was initially an Australian trading firm, founded in 2007. Through time the organization has recently expanded, opening a London branch in 2012 and beginning operations in China at 2015.
Predominantly a MetaTrader broker, AxiTrader specialises in overseas exchange insecure trade, such as Bitcoin, indices, commodities and metal.
The Business is regulated by ASIC from Australia along with also the FCA in the UK. It’s directed at a regular audience, together with trading opportunities acceptable for experienced traders and people which have a smaller chunk, in addition to more challenging trading options.
Trading Platform
The trading platforms provided by AxiTrader are from MetaQuotes. MT4 (MetaTrader 4) will be the principal trading platform given by the website. Versions are available that are acceptable for both Android and Apple apparatus, in addition to Mac computers and also people which have a Windows setup.
Additionally, traders are able to use MT4 NextGen. It is a stage which matches MT4, giving the chance for extra performance. AxiTrader also supplies MT4 trading signs and MT4 multi-account manager.
The platform was tweaked so it is easy to browse; trades can be finished efficiently. Comprehensive education material guarantees even new traders have access to what they should understand so as to begin.
If you would like to utilize MT4, Axitrader is still a fantastic website to use; should you want to consider different programs, maybe working with greater than one to precisely the exact same website, subsequently Axitrader isn’t going to meet your requirements.
Assets / Markets
The markets which AxiTrader offers are:
— Forex trading over 61 different currencies and 80 major currency pairs.
— Cryptocurrencies
— CFDs: bullion; commodities; metals; gold & silver trading; oil trading; indices trading.
Spreads & Commission
Generally, the spreads offered by AxiTrader are competitive or in line with what you will find on other sights. For example, the average spread for EURUSD in a standard account is 1.24 (0.44 in a pro account). The average spread for GBPUSD is 1.73 (0.85 in a pro account) and for AUDUSD 1.32 (0.42 in a pro account). These figures were dated February 2017.
If you open a standard account with Axitrader, there is no commission for trading. That said, spreads available for standard account holders only start at 1.0 pips. In comparison, the pro account charges $7 USD round trip commission, but spreads start from 0.0 pips.
Ultimately, the most cost-effective for a customer is determined by the amount and level of trading which they wish to complete. These charges are roughly in line with the industry standard and are more competitive than those offered by some other brokers.
Leverage
Leverage levels can be set according to individual preferences. Axitrader offers leverage of up to 400:1. This is considered to be relatively high within the industry, although there are a number of platforms out there which also offer 400:1; some offer up to 500:1. As an FCA regulated broker, European traders may see leverage restricted to 1:30 (1:2 on Crypto) in line with the ESMA regulations in the EU.
Mobile Apps
AxiTrader has a mobile app for both Apple and Android devices. The app can be downloaded from the site and enables traders to operate in the same manner as they would on the larger screen. AxiTrader offers a seamless experience, so traders can move between devices without “shedding their location ” in their trading activities. The app is fully functional, easy to navigate and provides all the advantages of using the site on a laptop or desktop.
AxiTrader Mobile App
Payment Methods
Deposits to AxiTeller can be made using the following methods:
— Credit card (Visa; Maestro; and Mastercard). Payments can be made 24/7/365 and are reflected in the account instantly (within ten minutes). There are no fees for credit card transactions. All currencies can be deposited in this way.
— Debit card (Visa; Maestro). Deposits are reflected instantly (within ten minutes) and are free. Deposits can be made 24/7/365. All currencies can be deposited using a debit card.
— Neteller: deposits are reflected instantly (within ten minutes) and are free. Neteller deposits can be made at any time. All currencies can be deposited using Neteller.
— Skrill / Moneybookers: instant (within ten minutes) deposits can be made at any time and are free.
— China Union Pay: instant (within ten minutes)can be made 24/7/365. China Union Pay deposits are free, but can only be made in RMB.
— Bank Wire: this takes 1-3 working days. Bank Wire deposits are free to make and can be made in the following currencies: USD; GBP; EUR; CHF; PLN. A Bank Wire can be made at any time.
Withdrawals are normally completed within 1-2 days. International withdrawals take between 2-5 days. AxiTrader operates in line with anti-money laundering guidelines. This means that proof of identity may be required before withdrawals can be approved.
Demo Account
AxiTrader offers a demo account option which allows traders up to thirty days of dummy trading. Each dummy account comes with a virtual balance of $50,000. Customers can choose whether to open a dummy standard or dummy pro account.
Deals And Promotions
AxiTrader offers a comprehensive selection of educational tools, including webinars, video tutorials; online education; and e-books. There is also a wide range of trading resources to assist active traders, such as an FX economic calendar; notice of market holidays; future CFD rollover dates; and a dividend forecast schedule.
Regulation And Licensing
The UK AxiTrader operation is regulated by the FCA. The Australian operation is regulated by ASIC. Both the FCA and ASIC are highly regarded as financial regulators, which means that traders can expect to have a high level of trust in the integrity of AxiTrader. Dubai operations are regulated by DFSA, whilst AxiTrader users in New Zealand benefit from regulation under FMA (NZ).
The brand has won awards for its trustworthiness, including winner of the 2017 “Most Reliable Forex Broker”. The accounts of AxiTrader UK clients are protected by the Financial Services Compensation Scheme up to 50,000.
Additional Features
AxiTrader has a regularly updated blog, which details industry news and views as well as an insight into economic news across the globe which may be of interest to traders. There is the opportunity to enjoy market and technical analysis from trading experts. In addition, guides and infographics provide added data for customers to use in order to inform their trading activities.
AutoChartist Signals
The AutoChartist feature offers automation and trading signals on forex pairs. These are delivered via the MT4 integration.
Account Types
AxiTrader offers two different accounts: standard; and pro. The only difference between the two relates to the commission charges. As indicated earlier, the spreads for a standard account start at 1.0 pips, but no commission is charged. In comparison, the pro account spread starts at 0.0 pips, but $7 AUD is charged on each trade.
Benefits
The key advantages of AxiTrader are:
— Well-regulated, so traders can have a high degree of confidence in the brand.
— Additional MT4 NexGen software to give added functionality
Drawbacks
— The site does not have an Islamic account option.
— There is no choice of trading platform: if you don’t want to utilize MT4, subsequently AxiTrader isn’t likely to agree with your requirements.
Trading Hours
The website is available 24/7/365.
Most assets are available for trading 24/7. AxiTrader includes a complete collection of strength opening hours .
Contact Details / Customer Support
Live Chat: clients can begin a live chat through the AxiTrader Site.
Australian Free Phone number: 1300 888 936
International contact number: 61 2 9965 5830
Email: service@axitrader.com
AxiTrader Free Phone Numbers:
Australia 1300 888 936
China400 057 9816
Germany 0800 7244085
Hong Kong 800 903 578
Indonesia 0018030164060
Malaysia 1800 81 6529
New Zealand 0800 480 404
Singapore 800 120 6765
Spain80 060 01 30
Thailand001800120664622
United Kingdom 0800 018 3306
Safety And Security
All information is encrypted during transmission and also the provider utilizes cutting-edge applications to shield traders.
Total Verdict
Generally, AxiTrader is a very trustworthy, based trader with aggressive trading options. Ideal for both novices as well as experienced traders, AxiTrader is globally reliable. The MT4 system is popularly known among the finest in the business.
AxiTrader also empowers users to use MT4 NexGen, significantly increasing the performance of the website and enhancing the trading expertise. The program provides full performance and the newest gives a smooth user experience across all of the devices. Easily digestible, the website is straightforward and easy to utilize. There’s plenty of educational material, supplying information of significance to both the new and expert traders.
A comparatively large degree of leverage, together with aggressive commission, also guarantees AxiTrader is a fantastic value website in order to trade with. AxiTrader has existed for at least a decade, therefore already enjoys a fantastic reputation within the business.
The sole marked drawback of this website is that MT4 is the sole trading platform provided, so consumers overlook ‘t have the opportunity to test alternative platforms that might suit them much better.
Accepted Countries
AxiTrader prevents traders from Australia, Thailand, Canada, United Kingdom, South Africa, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar along with most other states.
Traders Can’t utilize AxiTrader in United States, Japan, Singapore.