The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020. In addition to the above, the broker also posts daily market updates. This could be attributed to the CFD broker being Australian owned, with an Australian customer support team. This means that you will need to find a share trader provider in addition to Axi as your CFDs provider.
To get started, you’ll need to set a password and fill out some sections like the trading account you want to sign up for and your experience with trading. It will require you to submit your full name, country of residence, mobile phone number, email address and select the appropriate account type (individual or joint). Surpassed monthly client trading volume of US$100 billion, putting AxiCorp amongst top 10 global FX providers Whether you’re a regular trader or a pro, we arm you with super competitive spreads, seamless execution, and advanced tools to trade your edge. If you would like to make a bank withdrawal, you’ll need to verify your bank account details.
The MT4 forex trading platform is ideal for forex traders of all levels. This account is designed for intermediate forex traders looking to minimise spreads when trading. This trading account is designed for beginner forex traders as it’s not a market makers account. Australian forex traders have different requirements from forex brokers ranging from leverage, fees to features. Yes, Axi provides a free demo account, allowing traders to test strategies and familiarize themselves with the platform before committing real funds.
Trading Platforms
Our global operations ensure that our clients can trade their edge in a fair and responsible environment with complete transparency. Our priority has always been clear to us; to give every one of our traders the ultimate trading experience. Founded in 2007, our brand has grown from a two-person startup to a highly respected global group of companies, valued by thousands of traders in 100+ countries. If you have an existing live account and need to download, update or reinstall the MetaTrader 4 platform, the latest version is available in the Client Portal. When you complete a live or demo application and create an account, you will be sent a link to download the platform on your preferred computer or device.
Axi has launched a capital allocation program with no registration fees and no monthly fees. 100% FREE
- We’ve found a partner that shares our drive, dedication and passion for the edge.
- Yes, Axi provides a free demo account, allowing traders to test strategies and familiarize themselves with the platform before committing real funds.
- United by a shared passion for the edge, Axi has proudly partnered with Manchester City, the reigning team of Premier League, since 2020.
- This trading account is designed for beginner forex traders as it’s not a market makers account.
We’ve listened to client feedback and made big changes to make it easier for you to manage your Axi trading account. Axi offers free download and installation of the leading MetaTrader 4 (MT4) trading platform across most major devices and operating systems including Windows, Mac, iPhone/iPad and Android, as well as the browser based WebTrader platform. Written by pro traders, it’s a free five-part series featuring a crash course in MT4. Simple for beginners and full of advanced tools for pros, the MT4 platform helps you unlock new trading opportunities. We do not offer services in jurisdictions subject to international sanctions or where local laws prohibit such activities. Solaris EMEA Limited (Axi EU) provides its services exclusively to clients residing in selected countries within the European Union.
- They have a simple-to-use forex trading platform, tight spreads (low fees) and an excellent training program.
- It uses highly advanced analytics to assess your trading decisions and to help you identify areas of improvement in your trading.
- Our Axi broker review noted that in addition to forex, they offer other instruments for trading CFDs.
- He has also published a book in 2023 on on investing and trading.
- This keeps traders award of developments in the Forex industry.
MetaTrader 4 is the smart choice for online traders looking to hone their trading edge. AxiTrader LLC is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. This Axi review was based on our trading platform comparison, focusing on broker features as a focal point. The Standard account has no commission fees but slightly wider spreads, while the Pro account charges a commission with lower spreads for professional traders. Axi supports MetaTrader 4 (MT4), one of the most popular trading platforms globally.
How do I join Axi Select ?
Investing in CFDs carries significant risks and is not suitable for all investors. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. Fundamental tools, training resources, trading education and expert coaching to help you continuously improve.
To withdraw funds, select the “Withdraw Funds” option in the menu. Please note, however, that for verification and fraud protection purposes, you will need to upload a bank statement no older than 6 months. You can then use this information to request a transfer through your online/mobile banking. Once the payment has been processed, the funds will appear in your MT4 account almost instantly.
5: Add Funds
Full of features and optimised for lightweight web-based performance, WebTrader gives you perfect functionality with the flexibility to trade using any internet browser, on any device. Discover how to enhance your MT4 trading experience with our range of advanced tools and analytics. Axi is a trading name of Solaris EMEA Ltd which is registered in Cyprus under registered number HE376148.
Does Axi offer a demo account?
Your Edge score is used to assess your funding eligibility; the higher the score the more funding you are eligible to receive as you progress through the trading program. It uses highly advanced analytics to assess your trading decisions and to help you identify areas of improvement in your trading. Performance in the Axi Select program is measured with a personalised ‘Edge score’, a numerical representation that grants you a comprehensive and distinctive insight into your trading abilities. Axi Select is a unique capital allocation program that was specifically designed to help you succeed as a professional trader.
Trade with Axi funds up to $1 million USD
The site navigation is very nice and offers the best graphical user interface, which makes it ideal for all forex traders. The forex trading platform is very clean, and all the charts and other trading tools are easy to find and use. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. This forex trading account spreads are wider than their Pro account however the account has no commissions. There are two Axi account types that impact the fx broker costs when trading with Axi. Axi only offers MT4, but with scalping and automation permitted and special add-ons for the platform, the broker allows you to make of the trading platform.
Trade 220+ products with unbeatabletrading conditions
Axi Select has been designed to provide a clear and structured pathway for traders to follow. Deposit at least $500 USD into your account, start trading and achieve an Edge score of at least 50. Axi Select welcomes traders with different abilities, strategies and experiences to make their way to the top through six progressive stages and benefit from profit-sharing up to 80%.
Tools
This means that they don’t use a dealing desk but instead connect their clients with an ECN network so you can trade directly with global liquidity pools. Other appealing features of Axi include its wide range of base currencies for your trading account and extensive education library. We found Axi has a good selection of Forex pairs for trading via MetaTrader 4 (MT4). Australian forex broker Axi offers ECN style tight spreads for its Pro Account. We help our customers find the edge they need to achieve their financial goals through informed transactions made on the world’s financial markets. We’re a top 10 global trading company, trusted by 60,000+ ambitious customers in 100+ countries.
Discover popular markets to trade
Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunities albeit with a more high risk. Withdrawing funds from an Axi MT4 account is secure, fast, and the transaction fees are low to none. Deposit options for client funds include bank transfer, credit card, MasterCard, Skrill, BPAY, China UnionPay, bank wire transfer, MoneyBookers to Neteller can be used. Traders can choose a major base currency for their account from the AUD, USD, JPY to Euro. Axi is viewed as a trustworthy and professional broker by most of its clients Around 74% of reviewers give it a 5-star rating, often highlighting the platform’s reliability, fast withdrawals, and responsive customer support.
If necessary, seek independent financial advice. Please ensure that you are fully aware of the risks involved and refer to our Risk Disclosure Statement. Fundamental tools, training resources, trading education, and expert coaching to help you continuously improve. Gain access to forex, commodities, shares, indices, and cryptocurrencies
Axi does lack a few CFD trading services such as stockbroking and Shares CFD services. Ways to withdraw funds include a bank account, Neteller or Credit Card, with some anti-money laundering regulations involved. For people having AUS bank accounts, the withdrawals do not attract any type of commission. With approximately 11,000 monthly Google searches, it ranks as the 52nd most popular forex broker in terms of search volume. At present, the broker offers two different types of trade executions.
Our most popular forex broker comparison tables are low fee, high leverage and bonus offers. If you have a different priority, then visit our homepage and view our other forex broker comparison charts. Axi requires a minimum deposit of $0 for standard accounts, making it accessible for beginners who want to start trading without committing large sums of money upfront. It offers low-cost trading with best in class risk tolerance limits and different types of assets to choose from. Our Axi review above explains the wide range of financial instruments for trade like oil, silver, gold, CFD, etc.
Existing clients who already have an Edge score of 50 or more and hold a minimum of $500 USD in their Axi Select account (see more about the Edge score below), can immediately progress axi review to the Seed stage and receive up to $5000 USD of funding from Axi. Assesses whether you meet minimum criteria for displaying credible trading experience. Evaluates your proficiency in managing risks effectively. Reflects your ability to achieve consistent gains, which showcases your understanding of market dynamics.