An index is a financial product that tracks the performance of an entire market, a market sector, or a specific group of assets. Trading indices is generally considered safer than trading individual stocks since no single company can sharply influence the overall price of the index. Axi also offers a swap-free account type for clients of the Muslim faith who do not want to earn or pay interest.
Additional Features
While Axi has three well-regulated subsidiaries, most international traders will deal with the unregulated unit operating from St. Vincent and the Grenadines. Since Axi has an exceptional reputation, I do not view this as an issue. Axi is a member of the Hong Kong-based Financial Commission, featuring a €20,000 compensation fund.
Ready to trade your edge?
An ECN model of operation boosts client trust and allows for breakneck execution speeds. For more than a decade, Axi has built strong relationships with top liquidity providers around the world. The broker can deliver you a more reliable trading service with better pricing and faster execution speeds thanks to these trusted partnerships. Axi allows traders to use the world’s most popular trading platform, MT4, to trade the over 150 trading products it offers. The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices.
- Axi believes that traditional ECN connections are too slow for today’s traders; layers of networks, cables, firewalls, and third-party platforms only add latency which costs the trader.
- Axi is a member of the Hong Kong-based Financial Commission, featuring a €20,000 compensation fund.
- If you have experience trading with Axi please share your personal review of the broker and what you think are strong and weak points.
- Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that IC Markets offers better pricing overall for traders.
Giving the edge to thousands of traders in 100+ countries
Registered traders can use Myfxbook to connect with their accounts and follow the trades of experienced forex traders. Our forex trading platform is able to provide competitive spreads thanks to our network of tier-one prime brokers and liquidity providers; global banks and financial institutions. These trusted sources give us access to a wider pool of liquidity. I like the trading experience at Axi as the Pro account offers raw spreads from 0.0 pips for a commission of $7.00 per round lot. I also appreciate the swap rates, which accurately reflect the global interest rate environment, free of excessive broker mark-ups, as evident at many brokers. While the asset selection is limited, I think Axi is an excellent choice for pure Forex traders with 75 currency pairs.
What Can I Trade
Axi provides traders 65 currency pairs (e.g., EUR/USD) compared to IC Markets’s 61 available pairs. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that IC Markets offers better pricing overall for traders.
Axi and his team are great . I salute them and I appreciate. They are really do job as honestly.
They have a simple-to-use forex trading platform, tight spreads (low fees) and an excellent training program. The forex broker is certified in Australia, which is critical due to the safeguards in place to protect currency traders. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset.
Explore our range of education including forex, shares and crypto trading courses. By doing automatic chart analysis for you, the Autochartist pattern recognition programme may save you time examining the charts. It will display patterns discovered on an instrument of your choice, along with a pattern https://forexarena.net/ quality rating. You may set up alerts to notify you when patterns are discovered, and it can also anticipate potential stop loss or take profit levels. Subscribing to an MT4 Forex VPS hosting service for 24/7 access will increase dependability and ensure that your positions are never disturbed.
The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge. Axi keeps the cost of online forex trading low with competitive spreads. Traders access a wide range of currencies, commodities and indices using our platform for the low spreads. At times, our market-leading spreads even go as low as 0.0 pips and we are always striving to ensure they are some of the most competitive you will find. Save yourself time, money and stress of dealing with this broker.
For the Basic VPS edition, Axi will cover up to $34.99 of the monthly fee if you trade more than 20 lots in a calendar month. Another VPS option is MetaTrader VPS, which is offered by MetaQuotes at $10.00 per month. Axi believes that traditional ECN connections are too slow for today’s traders; layers of networks, cables, firewalls, and third-party platforms only add latency which costs the trader. To mitigate that, Axi goes directly to over 20 top-tier liquidity providers and uses co-located servers in key locations worldwide. As a result, the broker makes use of a shorter, therefore faster, connection.
It’s also important to look at the platform’s execution speed, as fast order execution can make a significant difference in the volatile forex market. Additionally, consider the range of currency pairs offered, as a diverse selection will provide more opportunities for diversification and risk management. Security and regulatory compliance are other vital elements, as you’ll be entrusting your capital to the platform.
The top 10 largest and most valuable companies in the world by market capitalization, number of employees, revenue, earnings, and assets. We use dedicated axi forex broker people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
With Axi’s MT4 video lessons for beginners, you can learn how to utilise the world’s most popular trading platform. Axi Blog includes market research, education, and corporate updates. This area is constantly updated and provides technical and fundamental chart analysis that may be used to generate prospective trading ideas. There are several methods you can utilize to add funds to your live account. This includes credit cards, debit cards, wire transfers, Skrill, Neteller, and many others.
We’ve made it easy to compare the best forex brokers, side-by-side. Our research is unbiased and independent; learn more about how we test. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.
The detailed list can be found on the official website or in our review. For EU traders, Axi has a comprehensive selection of educational tools, including webinars, video tutorials, online education and e-books. As outlined above, a copy trading app is also available for investors who wish to copy the positions of other traders. The platform is easy to navigate; trades can be completed quickly and effortlessly.
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