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June 10, 2022

Axi Review 2025 Pros, Cons & Key Findings

MT4 NexGen provides you with enhanced ordering, sentiment trading and management tools. Discover how to enhance your MT4 trading experience with our range of advanced tools and analytics. 69.5% of retail client accounts lose money when trading in CFDs with this provider. Fundamental tools, training resources, trading education, and expert coaching to help you continuously improve. Gain access to forex, commodities, shares, indices, and cryptocurrencies AxiTrader is not a financial adviser and all services are provided on an execution only basis.

Review Methodology

The account operates from the MT4 platform and comes with  $50,000 worth of virtual funds, access to real-time spreads, and a complete replica of the live market. To access the live market, you have to open an account on Axi by following the steps we have outlined in the Desktop platform section. Through this tab, traders can access market insights and updates from within the platform or from third parties. Now, let’s take a closer look at the desktop and mobile trading options for the Axi trading platform. Additionally, Axi also provides traders access to a third-party platform for a more varied trading experience, and this comes in the form of the MetaTrader 4, PsyQuation, and Autochartist platforms.

Unfortunately, the mobile version screen is limited in resolution, and that limits the capacity of mobile traders to enjoy the full technical analysis potential of MT 4. There are also fully customizable Charts for the underlying financial instruments in 9-time intervals, in addition to a terminal window, which displays a summary of all the trading activities on your account. This third-party platform is fully available to you, whether you favor a desktop PC trading experience or mobile trading. Unfortunately, the copy-trading platform is not available for desktop PCs at the moment.

Assets & Markets

Our broker ratings are also informed by the experience of our researchers during the evaluation process. The writing and editorial team at DayTrading.com use credible sources to support their work. MT4 runs smoothly with Axi (I prefer the desktop client than the sometimes slower web trader). After coming back to the site regularly for that I eventually decided to open an account, and glad I did. I actually came across Axi becaue I was looking for a decent P/L calculator that i could punch in my trade configurations in.

A quick assessment of the Axi trading platform shows it’s quite user-friendly. The world-class forex and CFDs broker and ECN-exclusive forex platform aims to reach full global status, with active regional offices in 8 locations, including Dubai, the Philippines, Singapore, and the UK. If you have an existing live account and need to download, update or reinstall the MetaTrader 4 platform, axi review the latest version is available in the Client Portal. When you complete a live or demo application and create an account, you will be sent a link to download the platform on your preferred computer or device. Simple for beginners and full of advanced tools for pros, the MT4 platform helps you unlock new trading opportunities.

MetaTrader 4

This user says they had to wait to receive their withdrawal for up to a month at the time of his review and had to go through an arduous back-and-forth with the platform’s service team. Users complain of everything from their money being stuck to poor customer service. On the polar negative end of the divide, there are users like this one who complain of funding problems and poor response from customer service. Attitudes to Axi on Reddit are generally positive, though there don’t seem to be too many threads about this broker on Reddit.

Submit Your Own Review of Axi

This delay is because Axi needs to confirm your identity before you can fund your account and begin trading. The MT4 has many good trading tools to help facilitate and make trading easier for clients. The MT4 platform comes in basic and MT4 Webtrader forms, but we will use the MT4, especially as it integrates very nicely with the Axi platform itself.

Commissioni di finanziamento

Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. If you have experience trading with Axi please share your personal review of the broker and what you think are strong and weak points. I’ve tried a few brokers in the past, but Axi stands out for its transparency and professionalism. I’ve had a live account for 6 months, and everything works smoothly.

Axi offers flexible account options to suit the diverse trading needs of clients. Axi offers a mobile experience on MT4, which you can access on any mobile platform. All mobile versions of these trading platforms can be downloaded from the Apple app store on iOS devices like the iPhone and iPad and from Google Play Store on Android devices like tablets and Smartphones. Axi also operates on mobile platforms, allowing clients to conduct trades on iOS and Android devices through its proprietary copy-trading app and the third-party MT4 and MT4 Webtrader platforms. That said, here are the steps for opening an account on the Axi trading platform. Opening a trading account with the Axi trading platform is a reasonably straightforward process involving steps we will now outline.

Axi is a commendable option for beginners, thanks to its provision of beginner education videos and the lack of a minimum deposit requirement, making it accessible for new traders starting out. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Axi might not have all the bells and whistles of larger brokers, but it does a great job where it counts—execution, transparency, and support. Overall, Axi is a reliable and trustworthy broker for a wide range of active traders, but advanced traders looking for a broader range of assets with the lowest spreads will be better served elsewhere. Axi is a solid choice, mainly for those interested in forex and CFD markets, thanks to its competitive spreads and dependable MT4 platform. There are also helpful calculator tools to aid aspiring traders in planning their trades.

Reviews

In addition to being interest-free, this account type is also swap-free and features customer service and high trust and regulation. Axi also has an offer for the shariah-practicing traders, especially from Islamic regions like the UAE, who are prevented from earning or paying interest due to Islamic religious beliefs. The account allows up to ten base currencies, namely AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD, with a minimum trade size of 0,01 lots and a spread of 0.4 pips. This tab is comparatively sparse and only contains the functions for placing new trading orders and viewing such values as available account balance, margin, and equity. There is also a zoom feature and the capacity to use technical indicators, enabling traders to predict future price movements.

These tools include a Required Margin Calculator to determine the necessary funds, a Pip Calculator to gauge price movement value, and a Profit/Loss Calculator to estimate potential outcomes. I meticulously combed through Axi’s research tools and what I found is a reasonable range of features. Up to $1,000,000 is available in funding with a profit split up to 90% in favor of the trader. Additionally, there is MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) account management for professionals. Axi brought in copy trading in 2021 through an app available for Android and iOS, enabling you to replicate successful strategies from other investors. Features like custom indicators, automated trading strategies via the MQL4 programming language, and integration with third-party applications such as Myfxbook enhance its utility.

Supported Countries

It offers clear definitions of key trading terms and concepts, which can often seem overwhelming. The Trading Glossary is another helpful resource for new traders. These resources include Axi Academy, which provides free courses (some of which I’ve completed myself) tailored to specific trading topics like gold trading and risk management strategies. Axi provides informative daily market updates, an average blog with trading insights, and an integrated economic calendar for tracking key global events.

Inactivity Fees

  • Additionally, Axi’s well-written blog regularly updates market insights, trading tips, and industry trends.
  • Crypto assets are highly volatile and tend to present higher and more constant risk than forex pairs, but Axi keeps a pretty decent portfolio of such assets for interested traders.
  • However, high-frequency day traders or professional traders may find the Pro account’s tighter spreads more advantageous in the long run.
  • This type of account comes with a round trip commission of $7, spreads from 0.0 pips, no setup fees, and a minimum lot size of 0.01 lots.
  • Regions with more stringent regulations will generally mean smaller leverages per trader.

Spreads on the Axi trading platform also differ according to the nature of the tradable asset. The Leverage system allows traders to manage or control assets of larger value with proportionally smaller cash of their own by borrowing the rest of that value from the broker. Spreads on the Axi trading platform are generally quite competitive and affordable, beginning from 0.0 pips. Sometimes known as “crosses,” the minor forex pairs are those that don’t contain the US dollar and are traded with a lot less frequency than the major pairs, which always contain the dollar. It claims traders on the platform can profit regardless of the price movements, but that depends on a lot, so a little caution is advised. While forex and crypto trading involves trading in currency pairs, commodity trading involves trading in raw materials such as oil and precious metals like gold and silver.

It mimics live trading conditions, including real-time spreads and execution speeds, allowing you to practice risk-free for 30 days. This is in addition to the commendable flexibility of trading strategies, which traders may freely employ. The platform provides numerous account options that are ideally suited to the requirements of certain clients. For instance, this 3-year-long user commends them for comparatively fast withdrawals and deposits, great customer service, and no blocking of user accounts – these seem to be in contrast to her previous broker.

Commissioni di trading e altre spese

  • While the trading tools are fairly easy to master, there are still comprehensive MT4 video tutorials and courses on the Axi Academy platform on how to use them.
  • They provide step-by-step guidance on how to install and use the platform effectively.
  • Discover how to enhance your MT4 trading experience with our range of advanced tools and analytics.
  • You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital.
  • Axi could also strengthen its competitive position by broadening its asset range to include ETFs, options, bonds, and interest rates, available at brokers like IG.
  • 70+ forex pairs are available on the Axi forex trading platform, ranging from major to minor and exotic currency pairs.

The mobile app is fine, though a refresh in design would be nice. I find Axi very convenient for both part-time and full-time trading. Spreads are fair, the platform is secure, and withdrawals always arrive on time.