The fact they are well regulated gives me peace of mind so I can focus on my trading. You can trade a great selection of instruments across multiple asset classes with top class trading conditions. The broker has tight spreads, fast trade execution speeds and low commission fees. In addition to this, you also get a choice of convenient deposit/withdrawal methods, helpful trading tools, educational materials and 24/5 support.
- The broker also provides for a great range of VPS choices in ForexVPS, MetaTrader VPS, BeekSFX VPS, and CNS.
- Axi does not have a minimum deposit, however it’s recommended to deposit at least $100 to make the best use of the broker and what they have to offer.
- A standard account offers higher spreads but no commissions, while the pro account includes commissions with raw spreads.
- Solid regulation is not the only protective measure in place for traders at the broker.
If you are interested or in need of this account type, then you can always check out our full article on the best swap free Islamic forex brokers to learn more. The first Axi account type available that you will note as being both available and popular, is the Axi Standard Account. This account type has no minimum deposit at all and provides an excellent and highly competitive spread for you to start trading of just 0.4 pips with no additional commission. The platform is fully integrated with many tools, services, and connectivity options offered by Axi and provides for the needs of all trader types extremely well.
Islamic Account
This can be carried out very effectively through the EAs feature of the MT4 trading platform. With this in mind then, Axi is a great ECN broker choice for ultra-low spreads. If you want a massive range of assets though maybe there are other more ideal choices. AxiTrader hosts an education section with resources aimed at helping people understand trading, the structure of the markets, how to use technology platforms and similar guides and tutorials.
- You can trade commodities without needing to purchase the physical asset as you are simply trading on the price movement of the underlying asset or instrument.
- If you want a massive range of assets though maybe there are other more ideal choices.
- You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary.
- If you do need a FIX API, I would compare this solution to what you can get with Valutrades.
- It is priced at $35/month and provides for a very high security level.
Traders use the Fibonacci sequence as a way of predicting where the market will go next. Find out more about how to utilise Fibonacci retracement levels in your technical analysis. Fundamental tools, training resources, trading education and expert coaching to help you continuously improve.
Axi Blog
From the above, we can easily deduce that the spreads offered by Axi are within the range of those offered by the big names in the industry, such as IC Markets and IG Markets. However, it is lacking CFTC regulation, so Axi cannot provide its services to US citizens or residents. In this broker review, we will pay attention to the critical aspects of Axi, which you may consider before deciding whether to trade with this online brokerage. Email us at , we’re always looking to improve and welcome your feedback.
Leverage
The free educational course covers many aspects of trading from how to place trades, risk management, chart analysis, news trading and more. They can help you to arm yourself with essential skills and strategies to trade the financial markets. The FIX API is great for those who need an institutional trading environment.
Axi provides access to many markets, featuring over 50 financial instruments to trade as CFDs. You will get to select from two types of live accounts, standard and pro. A standard account offers higher spreads but no commissions, while the pro account includes axi forex broker commissions with raw spreads. In contrast, for the favorable trading condition, the pro account is best. 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.
Trusted choice for thousands of traders across100+ countries
This is also a very popular execution style which ensures you can benefit from the fastest executions possible while making use of the deep liquidity the broker provides. Here is exactly what to expect if you are planning on making an Axi deposit. This includes any minimum deposit and also the methods available as well as the fees. To further enhance your protection, segregated accounts are always used. This means that if the broker ever ran into bankruptcy or insolvency, your money would always be safe.
The broker also provides for a great range of VPS choices in ForexVPS, MetaTrader VPS, BeekSFX VPS, and CNS. Moreover, MT4 forex trading platforms for the mobile are user-friendly, which is usable on any devices and operating systems such as iOS and Android. As the experienced traders built it, Axi is easy to use for anyone with any expertise level. The main focus of this broker is trust, technology, and top-notch service. As a result, they have managed to attract 60,000+ active traders and eventually become the best forex broker. Rates, terms, products and services on third-party websites are subject to change without notice.
Demo accounts are available if you wish to test trading conditions and platforms before opening a real account. This can be a great way to familiarise yourself with the trading platforms and practice your trading strategies with virtual funds, risk free. Once you feel confident enough to trade with real money, you can then consider opening a live account. I would always start on a demo account to see how things go when trying a new system or broker.
Featuring no swap fees or interest payments, this account is the ideal solution for those who are unable to earn or pay interest due to religious beliefs. Simply send support a request and they can switch your account over for you if you follow the Muslim faith. XTB also provide this service if you are a looking to buy and sell cryptocurrencies. You can trade cryptocurrency CFDs online with Axi, provided that it is allowed in your country of residence. Traders can get the advantages of Bitcoin’s high volatility without the need for a digital wallet, no requirement to purchase physical Bitcoins and without the risk of digital currency theft. Enjoy daily access to exclusive expert insights, trend analysis and views on the latest market news, all designed to help build your knowledge and improve your trading skills.
The sentiment indicator will give you an insight into what positions other traders are taking. Sentiment analysis is often used as part of a contrarian trading strategy. After all, it is the sentiment that moves the market most of the time.