That said, spreads available for standard account holders only start at 0.4 pips. In comparison, the pro account charges a $7 USD round trip commission but spreads start from 0.0 pips. Axi believes that traditional ECN connections are too slow for today’s traders; layers of networks, cables, firewalls, and third-party platforms only add latency which costs the trader. To mitigate that, Axi goes directly to over 20 top-tier liquidity providers and uses co-located servers in key locations worldwide. As a result, the broker makes use of a shorter, therefore faster, connection.

Axi vs Other Brokers

One of Axi’s VPS partners is ForexVPS, which offers state-of-the-art SSD drives located in New York. For the Basic VPS edition, Axi will cover up to $34.99 of the monthly fee if you trade more than 20 lots in a calendar month. Another VPS option is MetaTrader VPS, which is offered by MetaQuotes at $10.00 per month. An index is a financial product that tracks the performance of an entire market, a market sector, or a specific group of assets. Trading indices is generally considered safer than trading individual stocks since no single company can sharply influence the overall price of the index.

Great Support expirience

With these instruments, traders and investors can gain exposure to gold, silver, and copper futures markets. When you invest in stocks, you pay the total price up-front to take some ownership of an asset and can only profit when the price of the stock increases. However, when you trade axi forex broker stock CFDs, you’re simply betting on the price movements, so you have the advantage of profiting from price movements in any direction. Finally, let us compare Axi Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs.

• It will show you patterns found on an instrument of your choice with a pattern quality rating.
• One chief difference between the two is that standard accounts do not incur any commissions.
• I was impressed with the additional trading tools for conducting in-depth market analysis, especially Autochartist.
• You even get a dedicated account manager that is available to assist you in reaching your financial goals.
• With offices in Sydney, London, Dubai and Chisinau, there is always someone from the support team on hand to answer your general or technical questions.

Commodity CFDs

The application can be downloaded from the official website or app store and enables traders to operate in the same manner as they would on desktop devices. This terminal complements MT4 while providing additional functionality, such as enhanced order functionality and sentiment trading. In addition, Axi provides trading signals, a VPS, and MAM (multi-account manager) modules. AxiTrader was originally an Australian trading company, set up in 2007. Over the years it has expanded, opening a London branch in 2012 and commencing operations in China in 2015. Over 60,000 clients have opened accounts in more than 100 countries.

The centre includes eBooks, webinars, video tutorials and a glossary. That means you can be confident you’re getting the essential information you need, from people who understand the industry. Courses are self-paced so you have flexibility to go over lessons as many times as you need. I think it is great that the tutorials are available in 24 languages to cater for the wider community. Most brokers tend to just have English content so this helps set them apart from others.

We have over 20 years of experience when it comes to trading online so we know what to look for. Open direct channels of communication with professional traders and highly experienced analysts, then trade alongside them as they take on the markets every day. Trades from signal providers are placed automatically within your account and can be stopped at any time. You can follow multiple signal providers and do not need to be at your terminal when trades are placed. Risk parameters are flexible and can be set according to your own preferences.

I have tried many brokers over the years and found them to be one of the best brokers for trading online within a secure and highly regulated environment. You can choose from the standard or pro accounts that are flexible depending on your individual needs. I appreciate that all of the accounts feature simple and secure funding, advanced trading platforms and powerful tools for finding trading signals. 150+ assets are available, along with live pricing and real-time charting. Clients can also keep abreast of the latest trends using the automated news feature. In addition, custom indicators can be added and the MQL4 programming language ensures that traders can develop and test automated investing strategies.

Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets. Axi have an economic calendar that gives you details on upcoming news events which can be filtered by trading instrument, date and impact. The session map simply shows you the different markets opening and closing times. The automated trade journal can help to improve trade analysis by automatically recording your activity.

Most of these solutions, bar Skrill, are available for withdrawals as well. Before you submit a withdrawal request, you must ensure you have enough money left in your remaining balance, particularly if you have any open trading positions. In comparison, customers who use the bank transfers, broker-to-broker transfers or Global Collect will have to wait between 3 and 5 business days, sometimes even longer.

The only issue is of course, being able to afford the $25,000 minimum deposit to get such conditions and also being an eligible professional client if you’re located in Europe. CFDs are complex instruments and come with a high risk of losing money https://forexarena.net/ rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The broker uses industry-standard security measures to ensure that client data is kept safe.

This simple approach results in faster execution, more accurate pricing, and minimal slippage. Another benefit of Axi’s execution model is direct order filling with no requites. The broker provides traders with the popular MT4 trading platform. The broker has since grown into a multinational retail broker with offices in the United Kingdom, Australia, South Africa, and Saint Vincent and the Grenadines. It has bagged several industry awards for providing satisfactory trading services to over 60,000 loyal clients in 100 countries.

They have some of the best customer support you will find anywhere, evident by the numerous awards that they have won. The trading signals offering allows you to copy trading signals from traders around the world directly into your trading platform. There are thousands of signal providers to choose from and you can share your own strategy signals. Myfxbook Autotrade is an online automatic analytics tool that connects with your forex trading account directly through your MT4 trading platform. It lets you analyse your trades and copy strategies from other traders. You can search for systems that meet your requirement by filtering statistics that matter the most to you.