An AxiTrader review was conducted on the 31st of July based on their trading platform, spreads, features and leverage. View our review below or compare forex platforms and brokers including AxiTrader with our charts. Axitrader is the Trading of Axi Corp a majority Australian owned company.
The result is faster execution speeds and low AxiTrader spreads as highlighted below. There are two Axitrader account options which impact the fx broker costs when trading with AxiTrader. This account is more for beginner forex traders who want certainty of their trading costs. This account is designed for intermediate forex traders looking to minimise spreads when trading. When spreads and fees are compared to other Australian forex brokers the overall result was quite strong with just a few brokers stronger in this area.
MetaTrader 4 is considered the best forex trading platform based on popularity. The software package is by some margin the most used worldwide. While this is a key strength that we noted in this AxiTrader review, we did note that other brokers such as Pepperstone and IC Markets also offer additional platforms such as cTrader which may suit some traders. The MT4 forex trading platform offered by Axitrader a Power Trader Program under which traders can carry out investments with large volumes.
Their best forex trading platform is very clean and all the charts and other trading tools are clearly available. The site navigation is very nice and offers the best graphical user interface which is ideal for all Forex traders. Their trading platforms extend to smartphone devices like iPhone and iPad as well. Traders can make use of the Myfxbook Autotrade which is a social based trade community that allows the registered traders to connect with their account and follow the trade of the experienced traders in Forex.
Th MT4 platform also works on mobile devices iPhone, iPad and Android devices and there is also software specifically made for macs. Key reasons that may have contributed towards this position is that fact the firm in Australian owned , offers strong customer service and has operated out of Sydney for over a decade. The customer service of Axi Corp AxiTrader has also won awards thanks to its 24 hour day customer centre during business days.
All forex traders that open an account are provided a dedicated account manager to help assist with trades, forex training and other market information.
Below shows some of the key players at AxiTrader who have one of the most experienced team worldwide. Withdrawing funds from an AxiTrader MT4 account is secure, fast and the transaction fees from more sources are covered by the forex broker.
The withdrawals are processed on 9: Ways to withdraw funds including a bank account, Neteller or Credit Card with some anti-money laundering regulations involved. There are fees that are chargeable for international transfers. The biggest issue some high risk traders may have with AxiTrader is the maximum leverage available is For beginner and even intermediate forex traders That said, experienced traders may require higher leverage to suit their needs. The broker is an Australian based merchant that was founded in with its headquarters located in Sydney.
AxiTrader forex broker prides itself on being a very high rated brokerage firm and offers 24 hour trade support, fast trade execution, tight spreads with minimum account slippage. At present the broker offers two 2 different types of trade executions namely ECN instant trade order and Non Dealing desk execution. The educational center of the broker offers a charting feature that provides concise information on various commodities, equity indices and currency pairs.
The FX charts offers in depth information on various charts and provides suitable interpretation of the various price fluctuations in the market using oscillators and Fibonacci levels. The broker offers several educational videos which the registered traders can watch free of charge and get enlightened. In addition to the above, the broker also posts daily market updates and helps its customers to make them abreast of the latest happenings in the Forex industry.
The broker offers a wide range of financial instruments for trade like oil, silver, gold, CFD, etc. The market is open 24 hours and one can trade at any point of time suited to their needs. It offers low cost trading with best in class risk tolerance limit and different types of assets to choose from. In our AxiTrader review we found that broker keeps on adding numerous financial instruments to its asset index which highlights that AxiTrader is very committed to offering the best possible trading experience to its customers.
For people having AUS bank accounts, the withdrawals do not attract any type of commissions. However, the broker can charge anywhere between 15 to 25 dollars for people having international bank accounts.
All the deposits are processed instantly while the withdrawals can take up to 5 days to settle. Axitrader is a favourite among Australian forex traders. They have a simple to use forex trading platform, tight spreads low fees , an excellent training program and an easy to use interface to join, make your first deposit and start training.
The fx broker is certified in Australia which is critical for not just beginner forex traders but any Australian currency trader with safeguards in place to protect investors. For people looking for a reliable broker that is affordable and offers the best payout, then there could be no brokerage firm better than AxiTrader. It is indeed a leader in Forex trading with fast paced trade executions and quality customer support. It offers trade assistance in 5 different languages namely English, French, German, Italian and Spanish.
All in all our AxiTrader review found it to be a top notch fx broker that has all its bases covered in a pretty organised manner. One should definitely open a trade account with AxiTrader taking advantage of their best forex trading platform. Australian forex traders have different requirements from forex brokers ranging from leverage, fees to features. This AxiTrader review was based on our trading platform comparison focusing on broker features as a focal point. If you have a different priority then visit our homepage and view our other forex broker comparison charts.
Our most popular forex broker comparison tables are low fee, high leverage and bonus offers. All information comes from providers websites with each provider offering free demo accounts to trial their offering and trading currency.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.More...