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Axi Review: Things you should need to know

AxiCorp Financial Services Pty Ltd, or AxiTrader, is an Australian company established in 2007. After such a great year of business, the broker has been regarded as one of Australia’s best-trusted Forex traders with a powerful brand connection.

In support of the company’s growth strategy, AxiCorp Ltd, a completely owned subsidiary of its Australian parent, was established in London in 2012.

AxiTrader is a well-established international organization of businesses that specializes in foreign currency exchange investment services for regular clients. All obtaining finance with tight spreads & particular requirements as usual. Clients of AxiTrader have easy access to various liquidity sources, including over 14 of the world’s top banks.

So if you are interested in investing in any online platform for trading, then you should first read this amazing Axi review which will be very helpful to you. So without any further ado, let’s started;

Platforms for Trading

AxiTrader focuses on the technical side of things with its MetaTrader 4 system, which is available on the Web, iPhone, smartphone, and iPad. It’s important to remember that not every MT4 platform is made equal, as the broker does or doesn’t invest in co-located servers and fiber optics to conduct more efficient trading.

Because MT4 is a well-known & strong platform with such a wide range of features, AxiTrader users have access to automated trading through EAs, enhanced connectivity with a variety of plugins and trading indicators, as well as the ability to share their methods.

Instruments

Clients may check out the complete range of trades offered by the company, such as Forex, commodities, CFDs, and indices, from such a single MT4 terminal. However, Bitcoin and other cryptocurrencies can even be exchanged in the same way as traditional currencies. Generally, the broker provides the most difficult to trade marketplaces, and UK residents may take advantage of the Spreading Bet option.

Types of accounts

MT4 Standard Account & MT4 Pro Account are the two types of accounts offered by AxiTrader.

You may also start a free 30-day trial Demo profile with a fake cash balance of £50,000 to learn forex trading skills and experience a trading procedure in a “real” environment if you are a novice to trading. Traders who adhere to Muslim Sharia principles are eligible to open a Swap Free Account, which is protected from Swap Fees on FX Major, FX Minor, and Gold And silver Symbols.

Fees

AxiTrader’s prices are different depending on the requirement of the trader. Standard account fees are created into the spreads, starting at 1 pip and going down to 0 pips just at the Pro account.

Another expense to address while dealing is the Swap Fee, which is modified based on the relative change in interest rates and returns on the underlying assets. AxiTrader will often charge Swap Fees for Long Positions & payout Swap Fees on Short Positions.

Is AxiTrader legit or a scam?

Axitrader is also not a fraud, but it has been voted again and again for its reliability and low-risk Forex trading.

The Financial Conduct Authority (UK) and the Australian Securities and Investments Authority are the two main regulatory bodies that regulate AxiTrader. Traders must be sure they’re working with a trustworthy provider that a registered broker can only give because over-the-counter futures involve significant risks.