Your Edge score is used to assess your funding eligibility; the higher the score the more funding you are eligible to receive as you progress through the trading program. It uses highly advanced analytics to assess your trading decisions and to help you identify areas of improvement in your trading. Performance in the Axi Select program is measured with a personalised ‘Edge score’, a numerical representation that grants you a comprehensive and distinctive insight into your trading abilities. Axi Select is a unique capital allocation program that was specifically designed to help you succeed as a professional trader.
Forex Broker Comparison Background
Investing in CFDs carries significant risks and is not suitable for all investors. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. Fundamental tools, training resources, trading education and expert coaching to help you continuously improve.
Clicking “Make payment” will either take you directly to the confirmation page, or you may be prompted by your bank to confirm your payment by entering an OTP code by SMS or email. Here’s an example of what happens when you choose to fund your account using “Mastercard/Visa”. Deposits by debit and credit card are generally instant, while deposits by bank transfer can take up to 2-3 business days or more. If you don’t have any of these documents on hand, click “Skip this step and come back later” to complete the rest of the application and upload the documents at a later stage. Fostering a positive impact on the world is deeply ingrained in our values, starting with being part in the communities where we live and work.
Through the MT4 platform, you can access 140+ currency pairs for forex trading, $0 minimum deposit, fast execution, and award-winning customer support. From investing in new tech, to strengthening our global presence, we do everything we can to help sharpen your trading edge.Want to partner with us? To retrieve the correct bank account details, select “Bank Transfer”. Follow this guide to start trading From creating your trading account to opening your first trade. Driven, ambitious, and proficient in their respective fields, our Axi leadership team all work relentlessly behind the scenes to give traders and partners the competitive edge they need to succeed.
We believe in rolling our sleeves up and getting stuck in, being part of the communities where we live and work. We want to make the world of trading a better place, but we want to make other positive changes too. Since 2007, we’ve made it our mission to give customers the ultimate trading experience.
Verifying bank details
Full of features and optimised for lightweight web-based performance, WebTrader gives you perfect functionality with the flexibility to trade using any internet browser, on any device. Discover how to enhance your MT4 trading experience with our range of advanced tools and analytics. Axi is a trading name of Solaris EMEA Ltd which is registered in Cyprus under registered number HE376148.
Axi Pros and Cons
- This could be attributed to the CFD broker being Australian owned, with an Australian customer support team.
- Here’s an example of what happens when you choose to fund your account using “Mastercard/Visa”.
- Ways to withdraw funds include a bank account, Neteller or Credit Card, with some anti-money laundering regulations involved.
- The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.
- Axi charges a commission of USD 7 per lot round-turn with their Pro accounts.
Axi axi review does lack a few CFD trading services such as stockbroking and Shares CFD services. Ways to withdraw funds include a bank account, Neteller or Credit Card, with some anti-money laundering regulations involved. For people having AUS bank accounts, the withdrawals do not attract any type of commission. With approximately 11,000 monthly Google searches, it ranks as the 52nd most popular forex broker in terms of search volume. At present, the broker offers two different types of trade executions.
Creating an Axi live trading account
Overall, Axi fully complies with the regulatory standards imposed by some of the top financial regulators in the world. Traders can make use of the Autochartist and Myfxbook Autotrade, which is a social-based trade community. This is because their ‘No Dealing Desk Brokers‘ allows direct trading with liquidity pools, which also enhances execution speeds. This included comparisons to popular currency brokers including Pepperstone and IC Markets. You can view our guide to Axi Standard Vs Pro Accounts to help you determine which account is right for you.
Experience the world’s most popular online trading platform
- The goal is to help you naturally grow as a trader with all the right conditions, tools and resources.
- Surpassed monthly client trading volume of US$100 billion, putting AxiCorp amongst top 10 global FX providers
- Fundamental tools, training resources, trading education, and expert coaching to help you continuously improve.
- FCA compliance requirements do not allow forex brokers to offer crypto products for trade.
- The MT4 forex trading platform is ideal for forex traders of all levels.
Axi Select has been designed to provide a clear and structured pathway for traders to follow. Deposit at least $500 USD into your account, start trading and achieve an Edge score of at least 50. Axi Select welcomes traders with different abilities, strategies and experiences to make their way to the top through six progressive stages and benefit from profit-sharing up to 80%.
The 1st Free Funded Trader Program up to $1 million USD
They have a simple-to-use forex trading platform, tight spreads (low fees) and an excellent training program. In the same process, they also changed their existing website from axitrader.com to axi.com to match its efforts to revamp the AxiCorp brand. The broker offers several educational videos which the registered traders can watch free of charge and get enlightened. Our Axi broker review noted that in addition to forex, they offer other instruments for trading CFDs. While the broker doesn’t publicly disclose exact client numbers, industry estimates suggest it serves tens of thousands of traders across more than 100 countries. This is the avenue US-based traders need to choose to trade forex to meet American regulation.
Their trading platforms extend MAC and Windows PC and mobile trading tools like smartphone devices such as the iPhone and Android phones and iPad and Android. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. It didn’t though receive maximum scores simply because competitors such as Pepperstone and IC Markets offer additional platforms. Based on solely MT4 Compare Forex Brokers found Axi offered the best forex platform offering.
We’ve found a partner that shares our drive, dedication and passion for the edge. The goal is to help you naturally grow as a trader with all the right conditions, tools and resources. Axi Select aims to provide a holistic trading environment, where you can gradually build your skills, and easily track your progress. Standard trading fees and minimum deposit apply. Receive funding in a separate Allocation account from $5k USD to $1 million USD. By meeting the requirements for every stage, clients can gradually build expert professional skills and trade $1 million USD of Axi funds in Pro M.
When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. What is a spread in trading, what is spread trading itself, and how to trade spreads? Trading Forex and CFDs with leverage poses significant risk of loss to your capital. Axi charges a commission of USD 7 per lot round-turn with their Pro accounts.
To get started, you’ll need to set a password and fill out some sections like the trading account you want to sign up for and your experience with trading. It will require you to submit your full name, country of residence, mobile phone number, email address and select the appropriate account type (individual or joint). Surpassed monthly client trading volume of US$100 billion, putting AxiCorp amongst top 10 global FX providers Whether you’re a regular trader or a pro, we arm you with super competitive spreads, seamless execution, and advanced tools to trade your edge. If you would like to make a bank withdrawal, you’ll need to verify your bank account details.
Deposit Options and Fees
Once you’ve logged in, select ‘Download MT4’ from the main menu. We’ve put together some useful videos to walk you through the ins and outs of our MT4 platform. MT4 NexGen provides you with enhanced ordering, sentiment trading and management tools. Boost your platform with our unique set of plugins specifically developed for Axi clients.
The site navigation is very nice and offers the best graphical user interface, which makes it ideal for all forex traders. The forex trading platform is very clean, and all the charts and other trading tools are easy to find and use. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. This forex trading account spreads are wider than their Pro account however the account has no commissions. There are two Axi account types that impact the fx broker costs when trading with Axi. Axi only offers MT4, but with scalping and automation permitted and special add-ons for the platform, the broker allows you to make of the trading platform.
MetaTrader 4 is the smart choice for online traders looking to hone their trading edge. AxiTrader LLC is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. This Axi review was based on our trading platform comparison, focusing on broker features as a focal point. The Standard account has no commission fees but slightly wider spreads, while the Pro account charges a commission with lower spreads for professional traders. Axi supports MetaTrader 4 (MT4), one of the most popular trading platforms globally.
This means that they don’t use a dealing desk but instead connect their clients with an ECN network so you can trade directly with global liquidity pools. Other appealing features of Axi include its wide range of base currencies for your trading account and extensive education library. We found Axi has a good selection of Forex pairs for trading via MetaTrader 4 (MT4). Australian forex broker Axi offers ECN style tight spreads for its Pro Account. We help our customers find the edge they need to achieve their financial goals through informed transactions made on the world’s financial markets. We’re a top 10 global trading company, trusted by 60,000+ ambitious customers in 100+ countries.