Known as a “cryptocurrency”, Bitcoin is a form of digital currency. Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets. There is an Autochartist trading community that includes tutorial videos to help you understand how to use and personalise the software. You can review the past 6 months performance statistics of the patterns and levels found by Autochartist to see those that worked and those that did not. Autochartist automatically finds Fibonacci patterns such as extensions and retracements as well as chart patterns such as Triangles, Wedges, Tops and Bottoms. It can send you notifications when a pattern is discovered and identifies possible support and resistance levels based on these patterns.
Deals & Promotions
The standard account requires no minimum deposit, has variable spreads starting from just 0.4 pips and charges no commission. This account does not have the lowest spreads but on the plus side, there is no commission fee. Overall, I found the cost to be the same whether you paid the commission separately or have it included within the spread. The main difference between the accounts are the spreads, commission and minimum deposit required.
Accounts
Small overnight and rollover fees are industry standard account features unless users opt for Islamic accounts, which are Shariah compliant and swap/rollover free. The main way that Axi generates revenue is spreads, and even these are among the industry’s thinnest. On Pro accounts, there’s a $7.00 roundtrip commission on each trade ($3.50 when opened and $3.50 when closed).
Inactivity Fees
Most brokers tend to just have English content so this helps set them apart from others. The trading signals offering allows you to copy trading signals from traders around the world directly into your trading platform. There are thousands of signal providers to choose from and you can share your own strategy signals. The sentiment indicator will give you an insight into what positions other traders are taking. Sentiment analysis is often used as part of a contrarian trading strategy.
MT4 includes a user-friendly interface and a variety of perks and features, such as technical indicators for chart analysis, automated trading, one-click trading, and versatile charts and tools. Axi MT4 has the benefit of having invested in co-located servers and fibre optics for speedier trading. Axi is characterized by consistent uptime and remains a stable environment even for algorithmic traders, who depend on uninterrupted connectivity and minimal lag time. Reliability is measured in more than platform speed, regulatory liability, or a comprehensive array of tools. Customers will also appreciate that Axi stands readier than most to respond to their inquiries and problems, via live chat, email, and several toll-free phone numbers. Both Standard and Pro accounts require no minimum deposit to enjoy Axi’s trading experience and highly competitive spreads.
Best broker from my experience
You may link your mobile device to the trading platform via the MT4 mobile platform. You can see real-time pricing, place and manage trades, examine account history, monitor positions, customise charts, set alerts, and many other things. This is beneficial for traders who need to access their accounts while on the go. MT4 mobile is free to download from the respective app stores on both Android and iOS.
Axi offers over 130 trading instruments from popular asset classes such as forex, CFDs, stocks, indices, commodities, ETFs, and bonds. However, some trading instruments might not be available, depending on the country you live in. Axi is also one of the few brokers to offer funded trading axi review accounts. Axi Select has six stages with funding available to traders that can demonstrate they can achieve consistent returns while managing risk. Save yourself time, money and stress of dealing with this broker. A crypto transaction with verifiable transaction hash on the blockchain?
- I would always start on a demo account to see how things go when trying a new system or broker.
- Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets.
- Similar features can be seen on the broker’s MetaTrader mobile app for iOS devices (iPhone, iPad, iPod touch).
- An index is a financial product that tracks the performance of an entire market, a market sector, or a specific group of assets.
- Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
Last year, the broker also welcomed England International John Stones as the company’s Brand Ambassador. Dubai operations are regulated by DFSA, whilst Axi users in New Zealand benefit from regulation under FMA (NZ). Leverage levels can also be set according to individual preferences. The company https://forexarena.net/ is regulated by the Australian Securities & Investments Commission (ASIC) and the UK Financial Conduct Authority (FCA). We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Myfxbook Autotrade is a one-of-a-kind social and copy trading community programme that encourages collaboration and idea-sharing. It accomplishes this by linking forex traders to their forex trading accounts. Users may follow other traders or enable other traders to follow them by linking to Myfxbook.
Axi have a global, multi-lingual team available to help you 24/5. Customer support is provided via online chat, telephone and email whilst clients get their very own dedicated personal account managers for a more personalised service. With offices in Sydney, London, Dubai and Chisinau, there is always someone from the support team on hand to answer your general or technical questions. They have some of the best customer support you will find anywhere, evident by the numerous awards that they have won.
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.
Retail Clients of AxiCorp Financial Services Pty Ltd are given the added protection of negative balance protection. This means that you cannot lose more than the amount of money invested with us. Investing in CFDs does not provide any entitlement, right or obligation to the underlying financial asset. The broker uses industry-standard security measures to ensure that client data is kept safe. As such, all data is encrypted during transmission and the company uses cutting-edge software to protect traders. Axi has a regularly updated blog, which details industry announcements and views as well as insights into economic news across the globe.
Experience a whole new way of trading cryptocurrencies with CryptoGT. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with Axi please share your personal review of the broker and what you think are strong and weak points.
There is also the opportunity to receive market and technical analysis from experts. In addition, guides and infographics provide added data for traders. Predominantly a MetaTrader broker, and rebranding from ‘AxiTrader’ – Axi now specializes in trading forex, cryptocurrencies, indices, metals and commodities. The brand has a mixed client base, with opportunities for less experienced investors, as well as institutional traders. VPS hosting ensures fast execution and no downtime by making sure your platform keeps running 24 hours a day.