REVIEW:REGULATION:MIN. DEPOSIT:ASSETS:MIN. SPREAD:
4.7 out of 5 stars (4.7 / 5)FCA, ASIC, DFSA$05 classes, 80+ productsVariable 0.0 Pips

AxiTrader LogoEach trader wants to trade with a Forex Broker that truly understands their needs. AxiTrader is a company founded by traders for traders. The brand claims to be the best online broker choice for traders. In this review, we will tackle about the company itself (AxiTrader), its platforms, services it offers and etc. We will know, whether the firm is a scam or a legit broker. Can we trust AxiTrader as our FX Broker? – Let’s find out.

AxiTrader Official Website

AxiTrader Official Website

REGULATION AND SECURITY FOR CLIENTS
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PROFESSIONAL CUSTOMER SUPPORT
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GOOD TRADING CONDITIONS
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What is AxiTrader? – Company presented

AxiTrader was founded in the year 2007, with a goal to be the online broker that traders would like to trade with. Since then, the company rise and has grown to be one of the largest and as well as leading Forex brokers in the world. AxiTrader offers its clients the ability to trade indices, commodities, Forex cryptocurrencies, and some CFDs.

The firm is founded by traders for traders. Since the brokers are traders themselves, they understand the need to have a great 24-hour service, tight spreads and fast execution with minimal slippage. With that said, AxiTrader commits to deliver their best to their clients to reach these factors that are very important to any aspiring trader in the online trading industry. AxiTrader strives to provide any kind of help needed by any type of trader.

axitrader

AxiTrader focuses always on integrity, service, and execution. It offers a trading platform that gives traders access to the latest market data and the company strives to deliver exceptional client support. Traders trading with this broker will enjoy direct access to multiple destinations of liquidity in Forex markets. The vision of AxiTrader is to keep delivering remarkable trading support and become the world’s leading provider of online foreign exchange trading services.

Facts about AxiTrader:

  • Founded the year 2007
  • Authorized and regulated
  • Competitive spreads
  • Offers investment services with Forex and some CFDs
  • Secured trading environments
  • Offers best and fast execution
  • Has 24-hour support (Monday to Friday)
  • Offers simple and fast execution

Is AxiTrader regulated? – Regulation and safety for customers

A broker that is regulated greatly affects the choices of traders. Regulation is very important because it is proof that a company has passed certain criteria in order to attain an official license to operate in the trading industry. It is also one key ingredient of having known that the broker that you are trading with is secure, safe and legit. Axitrader is regulated by some of the known regulators in the trading industry. The company is registered as AxiCorp Financial Services Pty Ltd (AxiCorp). AxiTrader is regulated by the following: Financial Conduct Authority (FCA) in the UK, Australian Securities & Investments Commission (ASIC) in Australia, and Dubai Financial Services Authority (DFSA) in Dubai.

axitrader fca

AxiTrader is regulated by the following:

Financial Security

AxiTrader takes security and trust of its clients seriously. With this said, AxiTrader holds client funds in segregated accounts (with top-tier banks) and has amazing programs to secure its clients. The company is has the compliance of the Financial Conduct Authority (FCA) and gained it’s regulation.

axitrader fscs

The company is a member of the Financial Services Compensation Scheme (FSCS). As a member of FSCS, the firm has a client protection program that is offered by FSCS that (only applies when) in the unlikely event that AxiTrader becomes insolvent, on behalf of retail clients, they will have up to £50,000 coverage.

Summary of the regulation and financial security:

  • Authorised and regulated by FCA, ASIC, and FMA
  • Financial Services Compensation Scheme £50,000
  • Segregated customer funds
AxiTrader Regulation, Financial Security and Customer Support

AxiTrader Regulation, Financial Security and Customer Support

(67.7% of private investor accounts lose when trading CFDs)

Review of the trading conditions for traders

AxiTrader offers traders the ability to trade indices, commodities, Forex, cryptocurrencies, and some CFDs with competitive spreads. The brand was built by traders for traders. Due to this, the company understands any type of trader and strives to deliver the best service, support, and as well as materials that they can. The firm does not require a minimum deposit and any trader can start with any amount desired.

It offers free demo accounts where aspiring traders and as well as professional traders can practice their skills, trading strategy, and be comfortable to the platform in trading with this Forex Broker. It has no hidden fees, no withdrawal, and a deposit fee as well. The company does not charge an inactivity fee and promotes simple and fast execution. The firm offers competitive spreads starting from 0.0 pips and spread betting is possible. Also, there are Forex pairs that can be traded. Axitrader has developed the MetaTrader 4 (MT4) Platform for traders to enjoy the maximum capacity to trade in using the more advanced version of the famous platform in the trading industry.

AxiTrader sample spreads

AxiTrader sample spreads

The brand also promotes the security of funds of its clients wherein the funds of the customers are segregated from own company’s funds.

Trading Conditions:

  • Free demo account
  • Spreads starting 0.0 pips
  • Advanced and developed MT4 Platforms
  • Minimum deposit $0
  • Able to trade indices, commodities, Forex, cryptocurrencies, and some CFDs
  • Competitive Spreads
  • Simple and fast execution
  • No deposit and withdrawal fees
  • No inactivity fee
  • No hidden fees
  • Spread Betting is possible

    AxiTrader Awards and Achievements

    AxiTrader Awards and Achievements

AxiTrader has won various awards throughout the years it has been operating. In the year 2012, it has won ‘Best Spreds’ in China International Online Trading Expo (CIOT Expo). The following year 2013, the company won four awards: ‘Best IB and Affiliate Program Worldwide’ and ‘Best Forex Broker Asia’ in China International Online Trading Expo (CIOT Expo), ‘Most recommended Fore Provider in Australia’ and number one for ‘Customer Service’ during Investment Trends Australia FX Report. In 2014, AxiTrader has received awards as the winner of ‘Financial Institution Of The Year’ in Asia-Pacific Financial Investment Association and named as ‘Strongest Brand Association With Being Trustworthy’ in Investment Trends Australia FX Report.

Also, in the year 2017, it won ‘Most Reliable Broker’ in Forex Awards and ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report. Only last year, 2018, AxiTrader gathered awards for being the winner of ‘Best MT4 Provider’ in compareforexbrokers.com.au and UK Forex Awards. It also won in the same year ‘Most Trusted Forex Broker’ in UK Forex Awards.

Note:

We can say that these awards can serve as proof that trading with AxiTrader is secure and that the company has excellent service. AxiTrader is a legit and trusted broker that understands traders’ needs.

Test of the AxiTrader Trading Platform

AxiTrader MetaTrader 4 Platform is an advance platform developed by AxiTrader. The firm invested in co-located servers and fiber optics for faster, more accurate trading. It is not equal to any other MT4 platforms since it is more advanced and been developed by the company for better trading results. Since that AxiTrader promotes fast execution, this speed is possible on all platforms thanks to one-click trading. The firm has 4 types of trading platforms namely: ‘AxiTrader MT4 in Desktop, Mac, and Mobile’, ‘AxiTrader MT4 NexGen’, ‘AxiTrader MT4 Forex Trading Signals’, and ‘AxiTrader MT4 Multi Account Manager’.

AxiTrader MetaTrader 4

AxiTrader MetaTrader 4

AxiTrader MT4 in Desktop, Mac, and Mobile

AxiTrader MT4 Platform is available in desktop (as well as web), mac, and mobile. The platform offers 61 currency pairs, automated trading (EAs), free setup and download. It has full market coverage which allows you to access the full range of trading options, from Forex and Commodities to CFDs and Indices. The platform is customizable and you can manage your trading dashboard with its flexible charts and tools. MT4 is known to be world’s number one trading platform for Forex trading.

As mentioned above, this platform is available in desktop and as well as a web browser. MT4 WebTrader Platform gives you access from your MT4 account to your web browser. It is abundant in features but optimized for lightweight web-based performance and gives comprehensive functionality with added flexibility to trade from any internet browser, on any device. Also, you can definitely use it on your Mac devices and its functionality is incredible and it is user-friendly. It doe not require add-ons or plug-ins.  You can simply download it completely free a Mac-based solution.

The mobile trading platform of AxiTrader lets you enjoy trading wherever you want, whenever you want. You can simply download it from GooglePlay (for Android) or AppStore (for iOS) and start trading.

AxiTrader MT4 in Desktop, Mac, and Mobile

AxiTrader MT4 in Desktop, Mac, and Mobile

AxiTrader MT4 NexGen

The Next Generation of MT4, or what Axitrader calls as ‘Axitrader MT4 NexGen’ is an advanced MT4 platform that embodies advanced management tools. It has enhanced ordering and sentiment trading. This platform is more developed, with more features to enjoy for professional traders. With this platform, you can gain insights into live market trends by viewing how others are trading using its sentiment indicator. It allows you to spot new opportunities and cut down money management errors by the use of its correlation trader feature. Also, it has an economic calendar that alerts you to huge events that enable you to stay on top of the market action. You can get better analysis and reporting by the use of an automated trade journal that automatically records your trading activity. this platform allows you to enter and exit trades faster and apply complex order types with speed. It has as well as a session map that shows the world’s market opening and closing times.

Please note that MT4 NexGen is free to all traders who open an AxiTrader live trading account with a minimum deposit of $1,000 and be aware that losses may exceed deposit.

AxiTrader MT4 NexGen

AxiTrader MT4 NexGen

AxiTrader MT4 Forex Trading Signals

AxiTrader MT4 Forex Trading Signals enables you to access thousands of ready-made trading strategies. This platform places trades automaticallyand has simple execution. By the use of trading signals, traders can copy trading strategies from thousands of traders from across the world straight into the MT4 platform. It has 24-hour trading feture that lets trades continue to be placed, even when you’re away from your trading terminal. You can set your own tolerance to risk with stop loss contingencies with the use of flexible risk parameters.

AxiTrader MT4 Forex Trading Signals

AxiTrader MT4 Forex Trading Signals

AxiTrader MT4 Multi Account Manager

AxiTrader’s Multi Account Manager (MAM) is an integrated software tool that lets a single trader execute block trades on all accounts operating under a master account. It lets you place a number of orders in bulk, with speed, in to an unlimited number of accounts or multiple accounts. It allows you to control unlimited number of managed accounts from one trade terminal. AxiTrader has invested greatly with this MT4 platforms to MT4 servers to ensure that MAM solution provides the fast and reliable service account managers need to service their clients. Which includes all the features of a standard account such as the use of EAs. This platform offers convenience, increased automation and broadened functionality. Please note that this is only available to approved and regulated operators of discretionary accounts or managed investment schemes.

AxiTrader MT4 Multi Account Manager

AxiTrader MT4 Multi Account Manager

AxiTrader MT4 platforms are well developed and advanced. in fact, it won ‘Best MT4 Provider’ in compareforexbrokers.com.au and UK Forex Awards in the year 2018.

Facts about the platforms:

  • Advanced and developed MT4 platforms
  • Secure
  • Fast execution
  • Simple and user-friendly
  • Can be used in any form of device (desktop, web, Mac, mobile)
  • Reliable
  • Convenient
  • Multiple features
  • Customizable

(67.7% of private investor accounts lose when trading CFDs)

Professional Charting and Analysis is possible

Technical analysis and charting are very significant tools for having better trades in online trading. Every trader has their own skills and their own style. These tools can be said as the main ingredients for having better or good results. Charting helps traders track and watch asset price movement and market volatility in making their trades.

Technical analysis, on the other hand, is a discipline that helps traders evaluate investments and identify trading opportunities. It gives the traders the power to analyze statistical trends gathered from trading activity as volume and price movement. When combined together, this can be a powerful edge to get better trades in trading. AxiTrader offers free educational material such as ebooks, blogs, webinars, seminars and articles that can help you to learn and know about how charting and technical analysis are used in trading.

Price patterns and charting is known to most traders that use technical analysis as tools in their trades. Generally, it can be divided into patterns: continuation and reversal patterns. With this said, patterns help traders read the movements of the markets.

Continuation patterns are price patterns that show an existing trend with a temporary interruption. This type of pattern helps traders determine the decision to take on your next move, whether you are selling or buying an asset for better trading results.

AxiTrader Continuation Patterns

AxiTrader Sample Continuation Patterns

On the other hand, reversal patterns are signal trends when the direction changes. These signals can be used to trigger new trades, because the reversal may cause a new trend to start. With that said, this can be used as a technical pattern that can serve as an advanced warning to identify potential changes in the market direction.

AxiTrader Reversal Patterns

AxiTrader Sample Reversal Patterns

Please be aware that these patterns are only tools. It is not recommended to use as a basis on offer to buy or sell or the solicitation of an offer to buy or sell any kind of products, whether security, financial or any type of instrument. Traders have their own styles and strategies. Every trader is unique and you should know by your self which works for you.

Review of the Mobile Trading (App) by AxiTrader

Any type of trader would want to be able to trade anywhere and whenever they want. AxiTrader lets you enjoy trading wherever you are whenever you want with its mobile trading. It is quick and easy to install, full of functions like charts, alerts, and analysis to help you keep pace with the market, in real-time. AxiTrader mobile trading app connects your main MT4 trading terminal to give you trading flexibility to the maximum. You can follow all the ups and downs with real-time updates with viewing live pricing. You will be able to modify your trades by just swiping your screen and you can view your past trading activity fast and easy with the help of Past Orders feature that pulls up your historical data.

AxiTrader Mobile Trading

AxiTrader Mobile Trading

With this app, you can keep a  close eye on the action by monitoring live orders.  It has a real-time charting feature that allows you to choose how you would like to view data. Its is also customizable and gives you updates with the latest market development news. You can download the MT4 mobile trading app for iPhone, iPad, Android or tablet.

Features of App:

  • Customizable
  • Fast Execution
  • Display Charts
  • Allows you to use all types of orders
  • On-the-go trading insights
  • Read Market News
  • Free Demo Account
  • Search and select instruments
  • Advanced and Developed Trading Tools
  • Customer Support

How does AxiTrader Trading work? – Step by step tutorial

In trading, we invest because we want to profit. Most traders make decisions on whether a market is rising or falling when looking to place a profitable trade. As a trader, you need to know the volatility and trend of the market you want to trade-in. When the market value falls, you can ‘sell’ the asset, and when the price increases in value, you can ‘buy’ the asset you choose. In order to have better trading results, you need to keep on track of the markets and as well as your position.

Once you choose a market, you can decide on what asset you want to analyze. After analyzing the asset, make sure to make a forecast of the price movement. Then, open the order mask and customize your position. You have to choose the order volume and then you can decide whether you buy or sell the asset you want or chose.

AxiTrader Order Masking

AxiTrader Order Masking

Step by step trading tutorial:

  1. Choose an asset you want to analyse
  2. Analyze the asset and make a forecast of the price movement
  3. Open the order mask and customize your position
  4. Choose the order volume
  5. Buy or sell the asset you want

Since AxiTrader gives traders the ability to trade Forex and some CFDs, you must know the difference between these two in order to have better trading results. CFDs are complex instruments and come with a high risk of losing money or investments rapidly due to leverage. About 67.7% of retail investor accounts lose money when trading CFDs with this provider. You should know if you are willing to take the risk of losing money by trading CFDs before making a decision.

Register a Live Account with AxiTrader

Opening a live account with AxiTrader takes only 3 simple steps. First, you need to complete the application by filling up the form. Second, in order to help protect your account, Axitrader requires verification in form of sending an ID to confirm your identity. Third and last, fund your account with any amount you want as AxiTrader does not require any minimum deposit and you can go ahead and start trading. You should not worry about your personal details as the website of AxiTrader is encrypted to secure your personal information. Also, with regard to sending your ID, this may be done electronically. AxiTrader takes data protection of its clients seriously.

Register a live account with AxiTrader

Register a live account with AxiTrader

Open your free Demo Account

Demo accounts are very important in a trader’s trading experience. This serves as a practice too where you can execute your skills, practice your strategies and be comfortable with the trading platform without using real money or funds. AxiTrader offers real-time execution speeds and spreads. It’s free for 30 days and has virtual funds of £50,000. The account can be set to the following currencies: EUR, USD, GBP, CHF, or PLN. It is designed to reflect the same live market environment when trading on an AxiTrader live account.

It is easy to register a demo account with Axitrader. You just need to fill in the form, download and install the platform (MetaTrader 4 / MT4) and start practice trading with £50,000 virtual cash on the account. We highly recommend to get first a demo account before going live in trading because it is important to practice your skills and strategies and as well as be comfortable with the platform. Trading itself requires high risks and as traders, we need to be aware of that.

Register a free demo account with AxiTrader

Register a free demo account with AxiTrader

(67.7% of private investor accounts lose when trading CFDs)

Account types with AxiTrader

MT4 Standard Account:MT4 Pro Account:
Setup cost:FreeFree
Spreads:From 1.0 pipsFrom 0.0 pips
Commission:$0$7 round turn (USD)
Minimum trade size:0.01 lots0.01 lots
Minimum deposit:$0$0
Leverage:1:30 (retail)1:30 (retail)
Autochartist:YesYes

MT4 Standard Account:

MT4 Standard Account offers 80 currency pairs, no commission, no minimum deposit, free setup and download. It has flexible charts and tools. You can customize your trading dashboard by dragging and dropping your favorite charts and analysis tools. It is very easy to use and offers access to the full range of instruments, from Forex and Commodities to CFD Indices. it is designed for fast and simple execution with the use of MT4’s one-click trading. With this account, you can track your progress with comprehensive trade history and analysis. AxiTrader has invested in co-located servers and fiber optics for faster, more accurate trading with its advance technology.

MT4 Pro Account:

MT4 Pro Account is the account that most professional traders prefer. It offers low commissions, from $3.50 per side. It also offers raw spreads as low as 0.0, no minimum deposit, no requotes and instant execution. This account covers the full market and allows you to trade Forex, Commodities, and CFD Indices from a single trading terminal. It is easy to use and has fast execution with the feature of MT4’s one-click trading. It enables you to track your progress with comprehensive trade history and improve with analysis too. It gives you access to the same depth of pricing as institutional businesses like banks, financial institutions, and hedge funds. With this account, you can run your strategy across multiple currency pairs by taking advantage of low spreads across both major and minor currencies. It has a positive slippage where you’ll receive the benefits of positive slippage and better trade prices with the help of AxiTrader’s price improvement technology.

Review of the deposit and withdrawal

Funding account process is also significant in a trader’s trading journey. As traders themselves, AxiTrader understand how important the funding process is. For this reason, the firm has made it more easy for its clients where traders can fund their accounts online, anytime. The firm has several funding options and the process is fast, simple and secure. AxiTrader allows its customers to have accounts in the following currencies: GBP, USD, EUR, CHF or PLN. Also, you can deposit funds in several major currencies including USD, GBP, EUR, CHF, PLN.

The company accepts funding options such as Moneybookers/Skrill, Neteller, Wire Transfer, Credit Card, and BPAY. Also, AxiTrader allows broker-to-broker transfers from selected companies. As it promotes fast processing of funds, it means that processing should take no longer than 10 minutes to reach your account. If funds have not arrived within 10 minutes, you can contact their 24-hour support team which is available 24 hours a day, Monday to Friday.

AxiTrader Account Funding

AxiTrader Account Funding

Payment Methods that can be used:

  • Moneybookers/Skrill
  • Neteller
  • Wire Transfer
  • Credit Card
  • BPAY
Note:

AxiTrader does not charge any fees on deposits and withdrawals.

(67.7% of private investor accounts lose when trading CFDs)

AxiTrader support and service

Customer support of AxiTrader operates 24 hours a day, 5 days a week. The operating hours start at 22:00 (00.00 server time) Sunday night GMT and ends at 22:00 on Friday Night (GMT). As traders themselves, AxiTrader completely understands the need of traders especially when it comes to customer support and services. The firm inspired by its goals to become the broker that all types of traders want to trade with drives them to deliver the best service they can. AxiTrader has support in 6 languages around 12 countries that are trading with the firm. You can reach the support via phone call, email, and live chat. The live chat has an instant response, which ‘instant’ means that you will receive a response within 10 minutes.

AxiTrader Customer Support and Services

AxiTrader Customer Support and Services

There are dedicated account managers whenever you need a direct point of contact for more personalized service. AxiTrader agents are professional and helpful. You can also request a callback by filling up the ‘Request A Call Back’ and an agent from AxiTrader will get in touch with you and assist you with your needs.

AxiTrader Callback Request Form

AxiTrader Callback Request Form

Also, AxiTrader offers training and free educational materials every trader need. The company has online education programs, tutorial videos, and free webinars. You can learn a lot about trading. It has also blogs written by experienced traders that will surely inspire you while trading with this broker. The firm has video tutorials as well and glossary. We can say that these are very helpful materials for aspiring traders and as well as professionals.

AxiTrader offers online education programs, tutorial videos, and free webinars

AxiTrader offers online education programs, tutorial videos, and free webinars

What’s best as well about the service and assistance being offered by AxiTrader is that the firm offers free eBooks. This material is very helpful in any trader’s journey in trading. This is also something to look forward to when trading with AxiTrader.

AxiTrader offers free e-books

AxiTrader offers free eBooks

AxiTrader’s customer support and service are good and award-winning. It won an award for being number one for Customer Service in investment Trends year 2013 during Australia FX Report. Also, in the year 2017, it won ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report.

Facts about the support:

  • 24-hour Customer Support (Monday to Friday)
  • Supports 12 Countries and 6 Languages
  • Offers Free Online Education, Webinars, Online Tutorials, and e-Books
  • Email Support
  • Live Chat Support
  • Phone Support
  • Offers Callback
  • Won Award as Number 1 for ‘Customer Service’
Support:Phone (UK):Phone (INT):Address:
24/50800 612 7070+61 2 9965 583036 – 38 Leadenhall Street
London
EC3A 1AT
United Kingdom

Fees and costs

Since AxiTrader was founded by traders for traders, the firm understands the importance of costs and fees in trading. With that said,  AxiTrader does not charge an inactivity fee and withdrawal fees. The company also offers trading fees at the lowest price. What’s best about trading with AxiTrader is that it has no minimum deposit requirements, you are free to deposit any amount. Also, the firm does not charge a deposit fee. We can say that the fees and costs of AxiTrader are favorable for traders.

Facts about fees of AxiTrader:

  • Minimum deposit at $0
  • Does not charge a deposit fee
  • Does not charge a withdrawal fee
  • Does not charge inactivity fee
  • Low trading fees

Is AxiTrader legit or a scam? – Conclusion of the review

AxiTrader is a broker founded by traders for traders. The company gives its dedication to delivering the needs of aspiring traders and as well as professionals in online trading. It offers its clients the ability to trade indices, commodities, Forex cryptocurrencies, and some CFDs. It has competitive spreads from 0.0 pips and fast execution with minimal slippage. The firm offers as well Forex pairs to trade and spread betting is possible. AxiTrader has the lowest trading fees and doesn’t have any minimum deposit required.

Since the company is managed by traders themselves, they understand the need to have a great 24-hour service and gives their best to deliver it to their clients. AxiTrader focuses always on integrity, service, and execution. It offers an advanced and developed MetaTrader 4 (MT4) platform that allows traders to enjoy the maximum capacity to trade. The brand also promotes the security of funds of its clients wherein the funds of the customers are segregated from own company’s funds. it has gathered various awards including as most trusted Forex broker.

We can say that AxiTrader is secure and a trusted, legit Forex Broker. AxiTrader is a broker that truly understands traders’ needs.

fxpro

Advantages:

  • Regulated company
  • Offers simple and fast execution
  • Transparent trading experience
  • High security of investments
  • 24-hour customer support (Monday to Friday)
  • Free training and educational materials
  • Doesn’t charge inactivity fee and withdrawal fee
  • Advanced and highly-functional softwares
  • Advanced and developed MT4 platforms
  • Offers mobile trading
  • Offers free demo account
  • Spred Betting is possible
  • Reliable and competitive spreads

AxiTrader provides fast execution and tight spreads for the forex market. We can recommend this broker to invest with because of the good service and conditions. 4.7 out of 5 stars (4.7 / 5)

Trusted Broker ReviewsExperienced and professional traders since 2013

(67.7% of private investor accounts lose when trading CFDs)