axitrader — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! Cryptocurrency trading – AxiTrader allows its users to trade in Bitcoin, Litecoin, Ethereum, Dash, and Ripple where CFDs on the BTC & USD pair at leverage can be traded easily. Broker fees AxiTrader . BTC: Free: 5: 30mins: days: Fund your account now Global Collect info Fee-free payments. To help ensure you have more money left to trade with, Axi charges no fees for funding and withdrawals to or .
Axitrader btcCan I trade Bitcoin with AxiTrader? / Axi
Is AxiTrader regulated? ASIC regulates Australian companies, financial markets, financial services organizations and professionals who deal and advise in investments, superannuation, insurance, deposit taking and credit. ASIC also stipulates that brokers should have a representative office in Australia, and cannot operate from an overseas location. Australian FX broker regulation, however, does not include any compensation scheme in case a licensed company becomes insolvent.
There are two trading accounts includes Standard and Pro accounts. The maximum leverage is , spreads are from 1. It has competitive spreads. Pro account offers the same trading conditions. The difference between two accounts is spreads.
The spreads for Pro, 0. The broker offers the most popular trading platform MetaTrader 4. With high performance and a full suite of features, experience online trading the way it was meant to be with MT4 for your desktop.
Whether you want to trade forex on your desktop or on the go, MT4 works with the technology and operating system you prefer to use. Packed with tools and features, MT4 with AxiTrader provides a more powerful trading experience. You can use the MT4 on PC, mobile devices and web platforms. To start using our MT4 software today you will need an MT4 trading account.
AxiTrader is a reputable forex broker in Australia. The Pro account comes with lower spreads but will charge you a commission based on the number of lots that you trade. The standard account will not charge you a commission on the lots but spreads will start from 1pip.
The below table will give you an idea of the types of spreads that you can achieve with various different markets in pips. There are other fees that you are likely to incur that are related to the CFD product. This will vary depending on the interbank interest rate that is being applied on the currencies at the time. So, irrespective of your funding method they will not charge a broker fee to it.
Of course, there may be other fees that are applied by third party payment processors and banks. For example, if you are funding via SWIFT then there may be fees charged by third party banks or if you fund via card then your credit card provider may charge a fee. There are other administrative charges that you may incur which include things like sending duplicate statements as well as debt collection charges.
However, these are unlikely to affect most traders. These are all laid out in the product schedule together with information on the leverage, lot sizes, trading value and trading hours. Here is a list of some of the assets that they offer on the platform:. While this looks like a pretty attractive asset offering, there seems to be a distinct lack of any single name equities to trade. This is unfortunate for those traders who like to open positions on particular companies.
There are a range of account types that you can choose from at AxiTrader. Which account you end up choosing will depend a great deal on your own personal preferences and trading experience. For those who are uncertain, they can start with the demo account and move their way up. As has become standard for most brokers these days, AxiTrader offers a demo account. This is a great way for a trader to practice their trading in a non-threatening and beginner friendly way.
They will just require a few personal details before they are able to give you the demo account. While the demo account is welcome, we were surprised to learn that it had a 30 day limit. While some other brokers may implement similar limits, it is becoming less common these days. However, if you really did want to keep on practicing past 30 days then you could always re-register with another email address and password. There are two types of live accounts and these are the standard and the pro accounts.
These basically differ according to their fee structure as well as the amount of leverage that you can employ with them. As mentioned in the fees section, with the pro account you have much lower spreads than the standard account although you do have to pay lot commission.
With the pro account you also can trade with up to x leverage. Which account you choose will depend to a great degree on your trading volume and experience. If you do high volumes and you have extensive experience trading then the pro account is definitely for you.
However, if you are just starting out or you do not trade with that much regularity then you should consider the standard account. There is nothing else really that differentiates the two. You also have to consider the risks that come with leverage of up to x. While this could be a great way to enhance your returns there is also a large downside risk. The online broker space is littered with examples of pretty awful customer service.
Hence, it is quite a big criteria for us when we are selecting CFD brokers. Something that we quite liked about AxiTrader is that they are fairly open and transparent. They have a number of methods by which you can contact them with the fastest probably being by telephone.
They have over 10 different toll-free numbers that you can call any time of the day Monday-Friday should you have problems with your account. These are based in a number of different regions which means that you will get local language support. If you are slightly more traditional then you can make use of their specific customer support emails.
You can reach them directly at service axitrader. We tested this out and we were able to get a response in under an hour. Alternatively, if you do not want to wait for a response on the email then you can always speak to them over live chat. We also used this and we were able to get an instant response from an agent at AxiTrader. What really put the cherry on top for us was the fact that they were quite open to traders visiting their account managers at the offices.
In terms of the trading platforms and technology at AxiTrader, they make use of the MT4 software. Most traders will no doubt be aware of this platform and many will have used it at other brokers. For those who do not know, MT4 is a third-party trading program that was developed by a company called Metaquotes. This is one the most widely used external trading software currently on the market. The MT4 platform is also much more sophisticated than any other technology that has been developed in house by a broker.
It has a plethora of charting functionality as well as technical analysis. The MT4 platform is available to either be traded through your web browser or on the computer client. The latter is available for download on the AxiTrader platform and is available for both Windows and Mac machines. While it is great that you have so many options for trading with the MT4, we would suggest that you err towards the computer client. This is because it is easier to complete your charting on this and there is also much less latency than there is on a web version.
This includes a number of other tools and features that you will not find on the standard platform. The following is an example of some of them:. Of course, you can also give it a whirl with a free demo account beforehand. For those traders who are constantly on the move, you will be happy to know that MT4 platform is also supported on your mobile device. When you install it on your device it connects to the AxiTrader server from with your MT4 account details.
This has a pretty extensive array of features for a mobile trading application. For example, you can still do a great deal of charting as well as implement a many of the studies. However, we would still prefer to use the PC client for most of the advanced trading. The mobile trading applications are designed and developed by their internal team of software developers as well as tested by skilled traders before making them available for consumers through the web store.
The primary reason why AxiTrader Forex trading platform prefers to use the popular MetaTrader 4 is that the application is built for traders of all experience levels. The application is extremely user friendly, and numerous world-class trading tools and graphs are available, which makes it ideal for all forex and CFD traders. Further, traders can also use social-based trade communities like Auto-chartist and Myfxbook Autotrade, which is a Forex trading platform specially designed for new traders to follow the successful trading history and trade track record of other experienced traders.
Many enhanced features of MetaTrader 4 have been made available through MT4 Next Generation which gives traders access to the following features:. AxiTrader is rated the most dependable MT 4 forex firm based on the following five advantages:. AxiTrader offers ECN based broker tight spreads which simply means that the firm does not use a dealing desk instead connects all the traders in their platform to the centralized Electronic Communication Network ECN to trade directly with global financial liquidity pools, which consists of approximately 14 global top-tier banks.
As per our AxiTrader review, AxiTrader offers different types of trade accounts to its traders and does not charge any inactivity fee.
The account opening process is simple and user friendly. To open an account with AxiTrader, all you need to do is — answer a few compliance questions, complete your application, submit a colour copy of your ID card, share your phone number, email ID, a utility bill or driving license, and then go ahead to fund your account. Users do not have to share personal details like history of bank transfers, transactions, account details, or any bank statement etc.
After opening an account, you can access the account through AxiTrader login! If you have any issues when trying to open an account, you can get in touch with the customer service through phone support, email address, or live chat.
Remember many retail accounts lose money when trading in the financial markets. So, do your own research before investing. Some of the primary highlights of each account include the following:. In , many financial investment reports claimed AxiTrader to be one of the top-notch and most trustworthy forex broker brands in the financial market. Further, in , this claim was made concrete when Investment Trends, a private financial research firm of Sydney, Australia, awarded AxiTrader with the highest rating for overall client satisfaction.
It has received many awards at the UK forex awards. Client support can be reached via email, phone call, or live chat. 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. The manager assists the traders with the training of trading and other market information.
AxiTrader trading platform provides its customers with a wide range of options like more than 80 currency pairs, and over cross pairs. They can also use minor, exotic, and cross pairings to have more movement due to thin liquidity to possess more profit by taking advantage of the market opportunities. Besides, we get to know from AxiTrader review that forex brokers like AxiTrader offer wide range of financial assets, which include :.
The financial brokerage firm AxiTrader offers humongous leverage levels of to its customers that can only be exceeded by some of the gigantic financial trading firms of the market. For retail investment accounts, the Financial Conduct Authority FCA allows a maximum of leverage on major currency pairs and leverage for minor or exotic pairs. We found from our AxiTrader review that for trades clients wishing to join this online broker outside of Europe and the UK, the firm follows strict regulations set by the Australian Securities and Investments Commission ASIC with AFSL , which allows magnificent leverage of , which provides plenty of trading strategies for the novice and even for standard traders.
AxiTrader understands that forex and other trading CFDs are very complex financial assets. Many retail investor accounts lose money when trading CFDs.
Unless a trader is highly proficient in understanding market signals, a leverage level of is more than sufficient for a standard trader. Still, those highly skilled in financial trading and those traders looking for higher leverages can opt for a splendid new application called Forex Broker Table.
They recommend it for its rewarding trading environment, smooth browsing experience, and user friendly dispute resolution process. AxiTrader charges no deposit fees. Almost real-time equity arch provides traders to help observe risk capital and regulate trading risk better. Many retail accounts lose money when trading in the financial markets. PsyQuation Score: users can compare their trading strategies with that of other traders to improve trading skill and strategies, and learn more trading ideas.