It has a 24-hour trading feature that lets trades continue to be placed, even when you’re away from your trading terminal. This platform places trades automatically and has simple execution. This platform allows you to enter and exit trades faster and apply complex order types with speed. You can get better analysis and reporting by the use of an automated trade journal that automatically records your trading activity.
XTB is currently among the best-known broker platforms in the world. Multiple authorities regulate the broker and, overall, a perfect choice, no matter if you are experienced with trading or just starting out. Capital.com is a trusted Forex and CFD trader platform and was founded in 2016. Nevertheless, like every other broker, Axi also makes a profit from each of your trades. This material is very helpful in any trader’s journey in trading. We can say that these are very helpful materials for aspiring traders as well as professionals.
Over 60,000 Clients from More Than 100 Countries
The demo account at Axitrader is free and traders only need to provide some basic information like name, email, and phone number to open the demo account. The trading platforms and additional tools are also available for all account types with the same offerings. The third account type is specifically configured for professional traders named Elite account. The commission with the Pro account is slightly high but the professional account offers the best pricing. The only non-trading fee at AxiTrader is the inactivity fee which is a monthly charge incurred from inactive accounts.
Exclusive Probability Tools
- It is available as a mobile trading app and on desktop too.
- In the trading world, brokers like Axitrader, have different minimum deposit requirements based on the target audience they are trying to attract.
- All clients residing in the jurisdiction of Australia are registered under ASIC regulation and are protected by ASIC.
- The Axitrader MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Axitrader platform to their needs.
- Choosing the right platform depends on your trading goals, experience, and the types of instruments you wish to trade.
Instead, you are simply trading on the real-time price movements in the market. An index is a financial product that tracks the performance of an entire market, a market sector, or a specific group of assets. A stock CFD is a derivative that allows traders to speculate on the price movements of an underlying stock without owning any actual blackbull markets shares.
Types of Accounts at AxiTrader
As already mentioned, the third-party MT4 platform is supported in several different variations, including a mobile app compatible with both Android and iOS phones. This tool enables Axi clients to copy the trades of experienced signal providers and replicate their positions. Advanced charts powered by TradingView, fast order execution, and multi-lingual support are just a few of the features of the Axi platform. Offering more than 290 instruments, the Axi App grants access to markets like forex, commodities, stocks, indices, and more. MT5 supports seamless trading on multiple devices, including Windows and Mac desktops, iOS and Android phones, and a web-based version accessible through any modern browser. The platform also features real-time market depth data and an integrated economic calendar.
When registering with Axitrader have the following documents available. We appreciated their efforts in catering to multilingual support. While it may be a new skill set for some, it is what the market requires for success.
Overall, AxiTrader and RoboForex are similar, but RoboForex has more trading opportunities due to the higher maximum leverage, a wider range of trading platforms, and a greater variety of trading instruments. On the other hand, RoboForex offers MetaTrader 4 and MetaTrader 5, along with their own R Trader platform and others, offering more options for their clients. However, AxiTrader has a broader selection of forex pairs, while RoboForex offers more cryptocurrencies, as well as the ability to trade shares and ETFs, which is not available on AxiTrader. Finally, the two brokers offer a similar variety of tradable financial instruments, except for shares, which are not available on AxiTrader, and cryptocurrencies, which are not offered by AvaTrade. While AvaTrade is renowned for its competitive pricing, AxiTrader offers highly competitive spreads, with some forex pairs starting from as low as 0.0 pips. It’s recommended that clients check with their payment provider to confirm any fees that may be charged before making a deposit.
Axi Spread Betting accounts operate like a standard CFD trading account. You can trade spreads by speculating the direction of trading instrument. This account is a swap-free specific account, and you can only trade forex majors, forex minors, and precious metals. To get a professional account, first, create a retail account, then apply to customer support and sign documents waiving the protections accorded to retail clients. This account allows you to trade forex and CFDs on shares, indices, commodities, oil, metals, and cryptocurrencies. This account has no mandatory minimum deposit requirement.
Overall on Fees
Traders in the UK have four options namely Standard account, Pro account, Spread betting account, and Swap-free account. The account opening process at AxiTrader is simple and can be completed within a few hours on a business day. However, it has a limited duration, and there can be emotional differences when trading with real money. The number of questrade forex available instruments is the same across all account types. All the available account types at AxiTrader can be opened with GBP as the base currency along with USD, EUR, and AUD.
Pelican Exchange is regulated by the Financial Conduct Authority in the UK. The minimum withdrawal amount on Axi is US$50 for bank transfers and US$5 for e-wallets. Step 6) Answer questions about your employment, finances and trading experience then click NEXT. Step 4) Provide your date of birth, residential address, and nationality, then click ‘Verify my account. Step 3) Choose an account type, select your preferred account currency and set leverage limit, then click ‘NEXT’. Professional Accounts on Axi require a minimum balance of US$25,000.
Stock Brokers
Important legal documents in relation to our products and services are available on our website. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset.
It’s worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of Axitrader trades. When using Axitrader, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. These checks are a standard practice that helps Axitrader maintain a trustworthy financial environment for its 60,000 users. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
- The Standard Account offers a minimum floating spread requirement of 0.4 pip for forex trades, but it has a minimum spread value of $4 per trade.
- In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page.
- Highly recommended for anyone serious about their trading career!
- Modern brokers like Axitrader provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources.
- AxiTrader is regulated by 2 top-tier regulatory authorities and could be a good choice to trade online in the UK.
- Hence, AxiTrader might not be ideal for traders who do not want to trade with MT4.
- Users can trade real-time forex and CFD quotes, and all orders (including pending ones) are allowed.
If you are unsatisfied with Axitrader or want to explore other options, we recommend checking out our carefully curated list of highly-rated Axitrader alternatives. After extensive research over several years, we have compiled a list of the most effective Axitrader alternatives available today. We have spent years researching the best alternatives to Axitrader. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
With its powerful features and easy-to-use interface, Autochartist is an essential tool for Axitrader traders of all experience levels. Using Autochartist can save Axitrader users time and makes the trading process more efficient. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal. Trading Centrals Alpha Generation Indicators available on Axitrader are a powerful bundle of three major indicators designed to help traders make informed decisions. MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Axitrader allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. We feel that a alternative to Axitrader may better suit you. It is important to note that Axitrader may request additional documents or information to verify your identity or comply with regulations. However, remember that you won’t be able to make trades on Axitrader until you have passed compliance, which may take several days, depending on your circumstances. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. It’s worth noting that the expiration date of the proof of address document may differ for different entities under Axitrader Brand.
Also Axitrader is regulated bitbuy review in its local jurisdictions including major financial regulators like ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (466201). Instead, your Axitrader funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Axitrader. Axitrader is overseen by the top tier financial regulators ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (466201) so can be considered a good broker. Axitrader has been facilitating trade on the financial markets for over 19 years. Axitrader offers Forex trading, CFDs trading, and Social trading.