Axitrader Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:1 97

I had to use professionals from globalreclaimai website to reclaim all my funds and I was able to secure it. If beginners as well as expert traders would like to access the online financial trading world, AxiTrader makes it available for them. The market analysis section is quite popular among traders. A dedicated multi account manager is provided to all the traders operating an account. The account manager assists the traders with the training of trading and other market information, and also helps them improve their trading style.

axitrader review

From humble beginnings in 2007, AxiTrader has rapidly grown to encompass a large portion of the forex market. Our AxiTrader review found out that they offer one of the best trading platforms globally and other unique features. Overall, we found that AxiTrader fees are relatively low or no fees at all. Axitrader is not a scam but voted timelessly for its trustworthiness, with low-risk Forex trading. The broker is licensed by top-tier regulators ensuring clients’ safety and compensation in case of insolvency.

worst forex firm I ever seen

I was very satisfied with Axi, especially when trading in XAUUSD , Axi is the best with the Standard account type, I can trade XAUUSD without commission fee but with tight spreads compare than others. The execution was fast and no requote but the most important the withdraw was safe and fast enough. I’ve generally had a good experience trading with Axi for the past year until yesterday when out of the blue I get an email saying my account equity is too low and my trades have been stopped out. That makes no sense because it’s on the weekend and markets are closed. Worst forex firm I ever seen, I registered then I could not login again, am wondering system asks for Mt4 credentials while am not able even to login to my dashboard to open mt4 account!! Am just imagining if this happend during live trading urgent action required !!

AxiTrader and AxiCorp Financial Services Pty LTD are two different entities. The latter is the corporate owner of all the operating subsidiaries. The technology infrastructure of AxiTrader is built with advanced trading tools. They provide complete support to the automated trading experience. They run backtesting on features and user capabilities and support thousands of registered third-party plugins. AxiTrader does not promote any specific platform higher than the other, which makes it quite unbiased.

Is Axi a good broker?

Axi offers Forex traders a well-regulated, trustworthy, and competitive trading environment. Some industry publications place it among the Top 10 Forex brokers by trading volume.

The demo account is an opportunity to experience Axi’s services without risking your money, but the 30-day limit is unusual – many brokers offer unlimited demo accounts . Expert advisors of the trading platform recommend all their customers to research and analyze the financial market before investing any amount of money. It is further recommended to use a demo account for trading before starting a live trading session.

Deposits and Withdrawals

Join Axi’s Facebook group now for all the market insights from professional market analysts. The spread of the standard account type starts from 1.0 pips with no commission. In this paragraph, we will go over the trading conditions on AxiTrader and look at how they compare to the current market standards in the financial industry. The moment we started our AxiTrader review, it was obvious that the brokerage was a subsidiary of a larger corporation.

  • Therefore, its clients are satisfied with a simple and transparent trading environment.
  • The broker is known to harvest the best out of the Autochartist MT4 plugin, its VPS hosting, and the PsyQuation Premium service.
  • I’ve made a request to withdraw my commission and I know it should go through given Axi’s reputation as a global broker.
  • The above platforms and tools help AxiTrader users stay ahead of the curve.

Can’t trust them again, they have serious system issues, support is bad late reply non profissional reactions. AxiTrader doesn’t have minimum deposit requirement for all available types of accounts. Reply by Axi submitted Nov 18, 2022 Hi Ricardo, thank you for taking the time to leave us a review. Your withdrawal request on the 26th of October was sent to your bank account that same day.


It is rather attractive for the speculators with the experience, having a positive experience of trade in the different financial markets. The company’s staff reacts to the complaints of its clients, trying to promptly eliminate various problems and shortcomings in the platform. The prices of contracts for the difference between the stock index and the difference of the commodity market are supplied from the basic tools of the stock market. AxiTrader Forex broker is a product of AxiCorp Limited Company, which is regulated by FCA in the Great Britain and it is authorized to do so in that country.

axitrader review

Please be assured that we are doing our best to resolve this issue. Our Settlement team is currently working on it and will reach out to you again to provide you with an update. A member of our settlement team has sent you proof of payment that you can use to check with your bank. Kindly note that we did send the funds to your bank last October 26th based on your bank instructions.

Hi Ildospag, thank you for taking the time to write us a review. In order for us to investigate this matter, please provide us with your full name, registered email address, account number, and the details of your concern. We’ll take this on board and get back to you as soon as possible. It is regulated by ASIC , FCA the FSA , DFSA , and a member of the non-government Financial Commission. Insurance up to $1 million by Lloyd’s is available for the accounts larger than $20,000.

Traders Reviews

Traders must request withdrawals from the secure client portal, and the name of the Axi account must match the one on the payment processor or bank account. I like the hassle-free withdrawal approach at Axi, as it adds to peace of mind when trading. Axi offers 24/7 customer support via e-mail, live chat, or eleven toll-free numbers, but I did not find an FAQ section. Axi explains its products and services well, and I believe most traders will not require assistance. In case of emergencies, Axi customer support is easily accessible.

Overall, the broker covers the most demanding markets to trade, also UK residents can benefit from the Spread Bet option. In this case, the client’s funds are safely kept in segregated accounts with top-tier banks and secured by compensation schemes. As well as all online transactions, executions, or traders’ manipulations are fully encrypted and follow operational guidelines. AxiTrader is licensed and regulated by the two main authorization institutions Financial Conduct Authority and by the Australian Securities & Investments Commission. Since over-the-counter derivatives carry significant risks traders should be assured they’re dealing with a transparent provider, which can be provided only by the regulated broker.

I’m gonna ask you about some things that I’m not sure about yet and that my dear brokers know better than I did because they have more experience of course. Alright, so I’ve been using AxiTrader for a couple of months now, maybe three or four months. When it comes to the platform I noticed they only have pretty much one thing which is MetaTrader4, and that is a good thing. And so I found that this version is complete and you could do pretty much everything you could on a regular PC, which is pretty awesome. So I’ve never seen this before, and that will mean that I can simply open my MT4 on my mac and trade there.

The customer service of Axit is available 24 hours a day, Monday to Friday. Traders can call them free from certain countries with some specific phone numbers available on their website. It is a great app that has many indicators and tools that are available on the desktop version.

As well, you can strengthen your strategies by Authochartist, as an AxiTrader client getting free access to flexible charts through the sophisticated tool – PsyQuotation. For the ones who hold multiple accounts the integrated software tool Multi Account Manager is a great and available solution, which lets placing of large orders in bulk with speed and no limitation. Opening an account with AxiTrader is quite easy, you just need to follow the steps of the account opening process, verify your details and select the account type of your preference. You can also choose whether you want to open Deo or Live account.

The fund, without regulation, is flowed into private account, with virtual amount on my account. The average spread for Crude Oil WTI is 0.05 pips, whereas for Gold is 26.82 pips. The use of these applications is suitable for specific circumstances, which is why AxiTrader clients must determine their use for their needs. But I was given 50$ as a thank you gift for joining in the contest, have been trading with the broker since then, and I really enjoyed a good trading condition. Don’t wait till client write on the trust pilot to solve the issue.

Is Axitrader Safe?

The short answer is yes; AxiTrader stands out as a safe and reliable broker. So you can open an account with it by going through our AxiTrader review content above, where all aspects of this platform are covered.

AxiTrader’s Overall Ranking is 7.9 out of 10 based on our testingand compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers. AxiCorp Financial Services Pty Ltd, also known by its trading name AxiTrader, is a Forex and CFDs broker based in Australia and founded in 2007. After the successful operation during the first years, the broker has been ranked among the most trusted Australia’s Forex brokers with the strongest brand association. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Axitrader has changed and blackmailed me to close position.

Axi’s Accounts and Trading Costs

Plus, they have a super team of account managers, which you could contact and get help from. So I think that’s a good thing and they are more kind of personal with you, so you don’t kind of have to go through the whole organization to get support. You can just contact them one-on-one, and they’ll be happy to help you out, which is something I’ve not seen with most brokers. Most brokers are kind of, on the side and they don’t want to really talk to you, or they don’t want to do calls with you or help you out. While, they really go out of their way to give you support, and to chat and see how you’re doing in self, which is, I think very valuable.

What is the minimum deposit for AxiTrader?

To give you a brief summary: Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC. THE ESSENCE: The minimum deposit at Axi is $0.

When we recall the funds we do not have particular time to received the funds as this depends from your bank or the intermediate bank. That is, the scammers of this brokerage try all ways to earn money illicitly. Your Axi Account Withdrawal Request has been processed and has been sent to your financial institution. To complete the subscription process, please click the link in the email we just sent you. Overall, not as in-depth as you may expect from a broker of this type, but all analysis is solid and well-written. Create your login via the Axi website, you will be asked for your name, email address, country of residence, phone number, and whether you want an individual, joint or company account.

Axi still caters to a broad range of traders through its FCA regulation in the UK. This means it offers products from MetaQuotes Software Corporation, developers of the popular Meta Trader platforms. Find out more with AtoZ Markets Forex broker review of World markets. In conclusion of this AxiTrader review, we’d say that the company is quite solid in its offering, one of the best to be sure. Despite the slight controversy at the beginning about an offshore license, the broker’s reputation and quality seem to be emulated in several opinions floating around the web as well. Glassdoor gives you an inside look at what it’s like to work at AxiTrader ME, including salaries, reviews, office photos, and more.

Later, when their trade volume surpassed the 100 Billion Dollar mark, AxiTrader stretched its corporate brand to Germany Latin America and also to the Middle East in 2016. Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn’t affect you in any way in the checkout process (I’m sometimes even able to arrange a discount for you that is special from other customers). The live chat is the fastest way to get in touch with AxiTrader representatives.

In 2021 and beyond, it is expected to sustain its attractiveness as a top-ranked broker with a surging market share. Please note that an AxiTrader user may lose money when trading a Swap Fee. This adjustment reflects the comparative difference between yield or interest rates on the underlying financial instruments. The MT4 WebTrader is best used to get a quick visual overview of the markets, study the charts, and monitor the existing trades. A full module of this web app provides dozens of indicators, which work as drawing tools for completing the order management functionality.

The choice of assets comfortable for trading, «testing» of various trading strategies that allow to get real profit and minimize possible losses – all this is possible on a demo account. The broker offers profitable and functional trading on forex and other markets in an advanced terminal, bonuses, tight spreads, etc. The top 100 forex broker list – this list of online brokers ranks the most popular brokers according to their popularity among currency traders online. And it seems a lot of people reviewing the axitrader such a scam. The way you choose this broker make me wonder about your credibility.

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