Axi is a regulated Forex broker which was essentially set up by two people and today the business has expanded significantly with more than Read More
60,000+ ambitious clients. The journey of Axi started in 2007 and it is now one of the most reputable brokers and the top choice for thousands of traders in more than 100 countries.
When you sign up with Axi, you can believe that the broker will support you through every step of your trading career. They are aware of your needs whether you’re a novice trader or an expert. They equip you with the best trading conditions, narrow spreads, lightning-fast execution, cutting-edge tools, excellent customer support service, and adjustable leverage across a variety of FX pairings, commodities, equities, and indices owing to their high-performance technology and continual investments. Axi also thrives to provide a variety of tools and financial instruments that are beneficial to any market strategy. The best part is that the broker doesn’t divert consumers with a bewildering assortment of account types or additional hidden trading costs.
Regulatory Bodies
Financial Conduct Authority (FCA) UK
Australian Securities and Investments Commission (ASIC)
Financial Markets Authority (FMA) New Zealand
Dubai Financial Services Authority (DFSA)
Awards Won by Axi
Best CFD Provider – Shares Award 2021 and 2022
Best MT4 Provider United Kingdom – International Business Magazine awards
Best Trading Loyalty Program – Professional Traders Award
Most Trusted Broker UK Forex Awards 2018
Features provided by Axi
- Education– Axi offers free access to educational resources for traders wishing to increase their knowledge. There are various articles, webinars, workshops, and glossaries for traders of all levels. These courses are taught by instructors who have received CISI accreditation so they are fully baked and helpful. Axi also provides MT4 video tutorials to all their clients. You can also receive free access to the best online trading classes from the Knightsbridge Trading Academy, which is certified by the London Stock Exchange. It is paid though.
- Trade Execution– This feature makes Axi stand out among other brokers in the industry. Axi offers ultra-fast trade execution by making large investments in cutting-edge technology, guaranteeing your transaction is always fast and smooth.
- Assets– Axi- provides its clients with a wide range of tradeable instruments over (140+) namely Forex, Indices, Commodities, Oil, Precious Metals, CFDs, Share CFDs, and Cryptocurrency CFDs.
- Trading Platforms– Axi provides the best trading platform in the world i.e, the MetaTrader 4 trading platform. It is available for Desktop, Web, and Mobile trading platforms. Axi also provides Mobile Trading for iOS & Android and Desktop trading for Mac & PC.
- Trading Account– Axi provides three main types of accounts—Axi Standard Account, Axi Pro Account, and Axi Elite Account. They also provide swap-free Islamic trading accounts to Muslim traders. Further, Axi provides a tax-free Spread Betting account for UK customers. Spread bets can also be leveraged, and you can also test it in a demo account.
- Tools for Trading– All clients of Axi have access to various essential trading tools such as Autochartist, Volatility Analysis, and Market Reports. You can easily install the plugin to view autocharts on your web browser, which adds to the convenience.
- Partnerships Programs– Axi provides this passive income option for clients who do not want to be a part of active trading. You can earn money via IBs, MAM, Affiliate programs, Referral programs, and money & asset managers.
- Customer Service– Customer support service at Axi is multilingual and available 24/5 via phone lines, live chat, and email, . The customer service is satisfactory as their response time is quick.
- Payment Methods– Axi needs to work on this feature. The payment methods are not varied and you have the option to make deposits & withdrawals via Bank Transfer, Skrill, Visa, China Union Pay, Jbc, Bpay, Credit/Debit Card, and Neteller.
- Additional Services– Axi provides free VPS, MT4 NextGen, and Spread-betting accounts. VPS is for clients who use algorithms specifically automated algorithmic trading tactics and favor virtual private servers. Axi also provides the most recent version of MT4 software together with ancillary tools. You can download the platform and sign in with your trading account credentials to access all the tools and features that it has to offer. Access to NextGen and the use of features including an advanced sentiment indicator, correlation trader, and automatic trade journal are available to traders with more than $1,000 in their accounts.
Trading Conditions
Axi is well known for its low trading costs and competitive spreads. Axi’s market-leading spreads during times of liquidity can be as low as 0.0 pips, and they always make sure they are among the most affordable options.
- Leverage: Up to Up to 1:500
- Minimum Deposit: 0$ in all the accounts.
- Spreads: Floating from 1 pip in the Standard account. In a Pro and Islamic account spreads float from 0 pips. Using a pip calculator, You can calculate the actual pips in your account’s base currency.
- Commission: $7 per round trip in an Axi Pro Account. There is no commission in a Standard and Islamic account.
Pros of Trading with Axi
- Offers a wide range of trading instruments
- Trading costs are low
- The educational materials are top-notch
- The platform is easy to navigate
- Customer support service is great
- The broker has regulated hence your money is in safe hands
- Competitive spreads and commissions
- Provides passive income facility
- Trading tools are quite effective
- Client funds are secured
Cons of Trading with Axi
- Withdrawals are problematic sometimes
- Lack of more advanced payment methods like e-wallets
- Trading conditions are not clearly mentioned in the website which makes it quite confusing
- There is no MT5 platform
Conclusion
Overall, Axi excels in terms of stability and dependability. Axi to deliver thanks to a rock-solid platform and a commitment to personalized service. Even for algorithmic traders, who require constant connectivity and smooth trading, Axi is great for its trade execution and ability to maintain a stable environment along with its great trading services. Furthermore, Axi is always more than happy to meet the unmet demands of clients at all levels. Beginners will appreciate the features of the regular version of MT4 and its auxiliary tools, particularly those provided by MT4 NextGen, while experienced traders can connect directly to value-added third-party services. All in one, Axi stands as a reliable broker with great trading services, transparency, integrity, and security which a trader looks for in a broker.
