All withdrawals will be processed within 1-2 business days upon receipt. Withdrawal duration is varied depending on the withdrawal method. 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. Keep in mind that although they do not charge any funding fees, there may be some third-party fees when using certain payment methods. Bank transfers may take a few business days to clear whereas card payments and e-Wallets can be instant.

• 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.
• Please read AxiTrader Reviews below and share live trading experiences with this broker.
• Yes, AxiTrader does accept clients from Canada, however applications from Canadian residents of the state of Ontario cannot be accepted.
• He is also interested in real estate and dividend growth investing.

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 !! Can’t trust them again, they have serious system issues, support is bad late reply non profissional reactions. In order for us to investigate this matter, please email us your full name, account number, and the details of your concern to or provide it on the Trustpilot request we sent. I have been a client of AxiTrader Limited since 2014 and now I am trying to get my funds from my account within 2 weeks. However, the company delays this process in any way, promises and provides false information.

AxiCorp also offers five free eBooks in exchange for personal information like name, country, phone number, and email address. There are a total of eleven courses available here, each with its video library. axi review Each section contains brief movies that serve to expose novice traders to a certain trading topic. Trading novices should begin there and then expand their knowledge through online resources.

Once verified, you will then be able to fund your account and start trading. Customer support is on hand to assist you during the process if required. I didn’t have any problems during signup and completed it within minutes. Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets. Axi have an economic calendar that gives you details on upcoming news events which can be filtered by trading instrument, date and impact.

Whether you’re just getting started on your trading journey or are already an experienced trader, there’s always something new to discover about the markets. I think it is great that they enable you to learn as much as possible. This shows me that they are a broker who wants to encourage informed trading decisions. The forex news feature provides you with the latest forex news directly into the platform. You can add your favourite news feeds and follow traders from social networks.

Islamic Account

A withdrawal request is processed fast with no withdrawal fees and funds are credited to the client’s bank accounts in 1-2 business days. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 69.6% of retail investor accounts lose money when trading CFDs with this provider. More recently, the broker has tried to appeal to customers with their offer of some of the lowest spreads on the market.

The services provided by AxiTrader’s trading platforms and tools have been tested to gauge their efficiency. From its pricing spreads to its key features, this AxiTrader review dives deep into the core of AxiTrader & highlights what the broker puts forth for its users. Based on our Review and expert findings, AxiTrader is a trustworthy broker with a good reputation and excellent trading conditions, and attractive offers. We found broker’s low trading fees, also, traders can deposit as low as $1 since the broker doesn’t have any minimum deposit requirements, and overall conditions are good.

MT4 NextGen is a more advanced version of the MT4 platform with some additional features including advanced management tools, enhanced ordering and sentiment trading. You can get it for free when you open a live account and deposit a minimum of at least $1,000. View a full performance history and pick traders that best fit your financial goals. Filter traders based on what’s most important https://forexarena.net/ to you, including profitability, risk tolerance and asset type. As described on AxiTrader’s website, customers holding open positions with the broker must maintain minimum margin requirements as detailed in their Client Agreement. All positions have an initial margin requirement, and traders are required to keep an account balance over and above that requirement and any unrealised losses.

Support

On the other hand, its design is outdated and it lacks price alerts. What you need to keep an eye on are trading fees and non-trading fees. We ranked Axi’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Spreads and commissions with AxiCorp are scaled with the accounts offered. Specifically, the spread starts from 0.4 pips on the Standard account, and 0.0 pips on the Pro and Elite account.

A live chat can also cover some training topics wherein an expert answers the questions and satisfies them. Besides the live chat feature, an FAQ section educates the clients with reliable answers and improves their trading experience. Training-wise, AxiTrader follows a similar approach by relying on the PsyQuation Premium tool. This helps users get exclusive educational articles on the market. The AxiTrader website also runs video tutorials and offers eBooks to increase the understanding of trading among users.

It comes with a wide range of built-in tools and fully customisable features. I have used MT4 for many years and it is still my platform of choice, even though MT5 is the newer version. They have a great selection with something for everyone to trade. You will find stocks of the largest companies, popular cryptos and major currency pairs.

The Trustpilot Experience

It can also be used for copy trading purposes and traders are ranked on the platform according to “ZuluRank”. Duplitrade is an extra feature that is offered for free to all of those AxiTrader clients who have more than $5,000 in their accounts. You can of course also test it in a demo to make sure it works for you. The Next Gen MT4 platform is available to all of those AxiTrader clients who have more than $1,000 in their accounts. Of course, you can also give it a whirl with a free demo account beforehand.

They are always looking to improve their services in order to stay up to date with the latest innovative technologies and continue to deliver excellent customer support. You even get a dedicated account manager that is available to assist you in reaching your financial goals. If beginners as well as expert traders would like to access the online financial trading world, AxiTrader makes it available for them. 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.

User Reviews

In order for you to get a good idea of the kind of leverage levels that you can trade with you will have to take a look at the product schedule. Below is the Initial Margin rate and leverage tables at AxiTrader. AxiTrader was founded in Sydney in 2007 originally as an Australian broker under AxiCorp financial services which has offices at Level 10, 90 Arthur St. After verifying your account, we could not find any records of a withdrawal request.

There is likely to be a high risk of losing money when trading with the AxiCorp Financial Services Pty LTD because the license stands suspended. Till the time it gets reinstated, traders may find the trading platform a bit dicey. An oversight in the administration of this company has resulted in the suspension of its license. Users located in off-shore jurisdictions may not be subjected to this suspension order. It is difficult to confirm how the company is mitigating this issue. The MetaTrader 4 WebTrader runs on all web browser applications.

Over the years, it has significantly increased its growth margin due to its process automation, market maturity, and mobile trading. The prices for availing of this feature range from a monthly subscription of $10 to $35. AxiTrader also credits its traders for using ForexVPS and Commercial Network Services if 20 lots are traded per month. Similarly, AxiTraders offers a 30% discount for the BeeksFX users through a coupon. It also brings down the high risk of losing money in the initial trades by simulating the outcomes of those forex trades.

They also have a section that covers some of the latest charting setups from a technical analysis perspective. However, this seems to be quite outdated and has not been updated since October in 2018. Lastly, if you think that your trading is impressive then you can always export your trading data and use it to secure external funding from investors.

The minimum trade size is also set to 0.01 lots, and there isno minimum deposit requirement. With clients all over the globe, the online broker AxiTrader offers high-quality, multi-lingual 24/5 customer support through live chat, a toll-free phone hotline and email. Our review found, that their award-winning service was named ‘#1 for Customer Service’ in the December 2013 Investment Trends Australia FX Report. AxiTrader understands that forex and other trading CFDs are very complex financial assets. They have an extensive track record in the industry and are well known for their relatively attentive customer service and extensive asset coverage.