Developed by MetaQuotes in 2005, MT4 was one of the first readily available trading platforms for retail traders on the market. Unlike most trading platforms at the time, which were the proprietary property of a broker, MT4 was licenced out to all brokers and as a result free for use by traders. This is the most popular version of MT4 that is used by millions of traders across the globe to trade the financial markets. From the high performance MT4 terminal you can access Axi’s full selection of trading instruments.
- I find them to be a reliable broker and like that I can get easy access to trade the markets on user-friendly platforms and apps.
- For services that other brokers charge considerable fees for, the Axi trading platform either doesn’t charge any at all or simply charges minimally.
- Usually, the spread and commission are quite similar to what other brokers provide but still better than many.
- The free educational course covers many aspects of trading from how to place trades, risk management, chart analysis, news trading and more.
- With the Axi mobile app, you can stay connected to the markets and manage your trades from anywhere at any time.
However, if you are an advanced level trader and don’t need to follow up with the broker with the demo, you can directly open the live account. However, they will provide virtual money to the demo account so that you can use and check the platform. The virtual amount you will get for trading is $50,000, which you can use for 30 days and trade like a real account. Moneta Markets is one of the most discussed CFD brokers these days due to its increased popularity. In this review, you will learn the broker’s fees, spreads, leverage, deposit & withdrawal methods, regulations and safety measures for investment in detail. We’ll also explain how to open and verify an account at Moneta Markets.
Adding funds via Mastercard/Visa
All services are provided on an execution-only basis and no communication should be construed as a recommendation or opinion to buy, hold or sell any of the financial products issued by Axi. Retail Clients of Australia and New Zealand are given the added protection of negative balance protection. With the MT4 platform, Axi provides its clients with a robust trading solution that caters to a wide range of trading strategies and preferences.
- The mini manager has the ability to open/manage positions and use complex order types with more efficiency.
- So that newbies or experts don’t face any problems and trade on their own.
- Spreads on the Axi trading platform also differ according to the nature of the tradable asset.
- Here’s an example of what happens when you choose to fund your account using “Mastercard/Visa”.
- It is regulated in its native Australia by ASIC and across many of its other locations by the DFSA, FCA, and SVG FSA.
- While the commission and the spreads are the main factors that distinguish each account, both accounts have useful features common to both.
You can also receive custom alert notifications via the app, email or SMS. Axi cater for all levels of traders with their leading trading technology being advanced enough for the more experienced traders whilst being simple enough to use for the less experienced. The powerful and reliable trading platforms are available in numerous languages. You can trade from your computer or mobile with all of the tools needed for analysing the markets, placing and managing positions. MetaTrader 4 is the most widely used forex trading platform for both traders and forex brokers worldwide.
Axi (formerly AxiTrader) is a multi-regulated online broker created by traders for traders. They give you industry leading trading conditions on a vast range of different markets such as forex, stocks, cryptos and commodities. You can trade with tight spreads, low commission fees and fast execution speeds at the best prices. I found them to have advanced yet easy to use trading platforms for users of all experience levels. I was impressed with the additional trading tools for conducting in-depth market analysis, especially Autochartist.
ForexPeaceArmy Users’ Review About Axi
It offers tighter spreads, faster execution speeds, and lower commission fees than the Standard Account. The Standard Account is the most popular account type at AXI Broker. It offers a wide range of trading options, including currency pairs, stocks, indices, commodities, and other assets. The Standard Account has low spreads and commission fees, making it an ideal choice for traders who want to trade with minimal costs. This type of account was created to meet the needs of professional traders who require particular trading tools and conditions.
Best Forex Trading Signal Providers
The Standard Account is decent, but it’s more of a ‘one-size-fits-all’ solution. It lacks the specialised features that can give you an edge in the market. So, if you’re serious about your trading, the Pro Account is the way to go. Learn everything you need to know about the best trading strategies and techniques and how you can implement them in your trading strategy. Learn everything you need to know about swing trading and how it works in this guide.
Axi Account Opening and Trading Process
PsyQuation Premium has more powerful indicators, frequently updated trading signals, comprehensive forecasting and institutional level quantitative models. Users have exclusive access to a suite of advanced trading tools that includes the Order Flow Sentiment Indicator (OFSi). OFSi allows users to view the Buy and Sell order flow of 22,000+ live trading accounts.
The only issue is of course, being able to afford the $25,000 minimum deposit to get such conditions and also being an eligible professional client if you’re located in Europe. As a multi-regulated brokerage company that has over ten years of experience working with institutional and individual traders, Axi is considered to be a safe platform for clients to trade on. It is regulated in its native Australia by ASIC and across many of its other locations by the DFSA, FCA, and SVG FSA. This means the platform is in compliance with some of the highest standards of financial safety and credibility.
You simply download and install MT4 for PC or Mac and login to your account to start trading. MT4 has a user friendly interface with a range of benefits and features including technical indicators for analysing charts, automated trading, one click trading, flexible charts & tools. An advantage of the Axi MT4 is that they have invested in co-located servers and fibre optics for faster trading. CFDs and trading in forex on margin carries with it significantly high levels of risk and won’t be compatible for all the investors. Practice caution and see financial advice when unsure because what we provide here isn’t financial advice.
The volatility analysis gives information related to the volatility of markets at any given time with an adjustable risk parameter to identify instruments that meet a certain volatility criteria. You will find a good choice of trading tools that can be used for assisting with your trading. I like that they are providing signals, chart analysis, multiple account management and more.
There are few brokers regulated in both the UK and Australia, both of which represent some of the more demanding compliance jurisdictions in the world, but Axi is one of them. Accordingly, residents in relevant geographies can anticipate services that are airtight in terms of safety. Additionally, in tandem with oversight from the Dubai DFSA, Axi ensures that traders from 150 countries can access the trading platform in a secure, compliant manner.
For a complete overview of all fees and charges, as well as share CFDs and their active time zones, view our product schedule. Contact us 24 hours a day, 5 days a weekBefore you apply, it is important that you read our Client Agreement. Investing in CFDs carries significant risks and is not suitable for all axi review investors. You do not own, or have any interest in, the underlying assets.We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. They also have good customer support to contact if you need to restore your account or if anything else should happen.