AxiTrader prides itself on being founded by and for traders. As such, the platform understands the features traders want and aims to deliver them. AxiTrader gives clients access to MetaTrader 4, which is perfect for trading indices, commodities, and forex. Execution is always fast with tight spreads. The broker is also well regulated for added peace of mind.

AxiTrader was founded in 2007. The idea at the time was to serve as a broker that the team would want to trade with. Over the years, AxiTrader has grown and is now among the leading forex brokers. The London branch opened in 2012. It launched operations in China in 2015. In 2016, AxiTrader introduced over 30 new trading symbols, which included exotic crosses. That year also saw expansion into the Middle East, Germany, and Latin America.

In 2018, AxiTrader introduced five new cryptocurrency CFDs. That same year also saw back-office operations begin in Cyprus, the Philippines, and Singapore. In addition, there was the opening of the Dubai branch and AxiTrader’s acquisition of its New Zealand financial service license.

AxiTrdaer Review

Visit AxiTrader

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

AxiTrader at a Glance

BrokerAxiTrader
RegulationASIC (Australia), FCA (UK), FMA (NZ)
Minium Initial Deposit
$200
Demo Account
Yes
Asset CoverageCFDs, ETFs, Forex, Cryptocurrency, Shares, Bonds, Oil, Commodities
LeverageUp to 400:1
Trading PlatformsMeta Trader 4 & MetaTrader 5

Where Is AxiTrader Licensed and Regulated?

AxiTrader is registered as AxiCorp Financial Services Pty Ltd (AxiCorp). AxiCorp has an Australian Financial Services License with AFSL No. 318232. The ACN is 127 606 348, and the NZBN is 9429042567608. ASIC (Australian Securities & Investments Commission) also authorizes and regulates AxiCorp. AxiCorp has a New Zealand license as a derivatives issuer with FSP number 518226. AxiTrader received its New Zealand financial services license in 2018 from the FMA (NZ).

AxiTrader UK is registered in Wales and England with registered number 06378544. It is one of the trading names of AxiCorp Limited. In the U.K., the Financial Conduct Authority authorizes and regulates AxiCorp. It has the FCA reference number 509746 and is registered at 55 Baker Street, London, W1U 7EU.

The Dubai branch, which opened in 2018, is regulated by the DFSA. If you would like to view other legal information regarding AxiTrader, you can view the broker’s legal documentation. Find this by visiting the Traders Tab, then Our Advantage, and looking under Our Service. The available documentation includes the spread betting agreement, key information documents, product schedules, execution policies, and the client agreement, among others.

As part of compliance with various authorizing regulators, AxiTrader holds client funds in segregated accounts. These client segregated accounts are at a top tier bank. Funds that AxiTrader UK holds on behalf of retail clients have coverage from the FSCS. The Financial Services Compensation Scheme offers coverage of up to £50,000. This coverage applies in the unlikely event that AxiTrader becomes insolvent.

AxiTrader’s Approach to Trading

AxiTrader prides itself on gaining a high level of trust from its clients. This comes from the broker’s regulation and licensing from the ASIC, FCA, and other regulators. It also comes from the fund segregation and top rating for trustworthiness.

The broker’s approach also involves using technology to its advantage. This is done via MetaTrader 4, the most popular trading platform in the world. It is combined with the consistently competitive rates that AxiTrader offers.

Finally, AxiTrader’s approach includes delivering quality service. The broker always aims to provide exceptional customer support founded on integrity, transparency, and honesty.

What Are Some Advantages of Trading with AxiTrader?

AxiTrader offers clients numerous reasons to become their preferred broker. AxiTrader is compliant with FCA regulations. For security, all client funds are in segregated trust accounts from top-tier banks. It has high liquidity thanks to working with 14 of the biggest banks in the world. There is also 24-hour support and dedicated account managers.

One of the many things that AxiTrader is proud of is its fast execution of trades. This is possible thanks to the location of a set of servers in New York. These servers are conveniently close to the exchange, improving the speed of trade execution.

What Assets Can You Trade With AxiTrader?

AxiTrader offers access to trading forex and CFDs. The forex market is very large, with forex trading worldwide up to $5 trillion USD. Forex trading is also convenient due to its 24/5 availability. This is a direct result of access to the major markets in New York, Tokyo, and London. Forex also tends to have more stability than stocks, with a less noticeable impact on the price from large transactions. Forex also offers leverage and deep liquidity.

You can view the swap rates as well as rollovers for the forex pairs on AxiTrader. The page offers descriptions of various swaps, including bullion and future CFD swaps. The real-time swap rates are always visible in MetaTrader 4. You can find the information by visiting your chosen symbol and clicking its Properties.

Trading Instruments

AxiTrader also supports trading of CFDs. These have low fees and low margin requirements to make them accessible for all traders. AxiTrader provides access to trading CFDs of commodities, gold and silver, Crude Oil, and 11 equity indices. Trading metals allows for margins of just 1 percent and the ability to sell long or short. It is an OTC trading without commissions or brokerage fees on standard accounts. Those features are typically true in other types of AxiTrader CFDs as well.

You can also trade Bitcoin in the form of a CFD with AxiTrader. This is extremely volatile, with great potential profits but high potential losses. Trading Bitcoin CFDs let you utilize leverage and do not require owning the coin or a cryptocurrency wallet. There is also no GST fee as Australian residents receive a tax exemption for Bitcoin trading.

AxiTrader Demo Accounts

As is the case with most brokers, AxiTrader does offer a demo account. The broker’s demo account is free and does not have any commitments. The demo lasts for 30 days and includes a balance of $50,000 in virtual cash. The demo account can be set to EUR, USD, GBP, CHF, or PLN. Once you choose your currency, it cannot be changed. Changing the currency would require creating a new account.

Using the demo account on AxiTrader gives access to a replica of the broker’s live trading platform. This includes real-time execution speeds and spreads. This is designed to replicate the same live market environment that you trade on as an AxiTrader live account holder.

Demo Accounts

The fact that the demo account is valid for 30 days places AxiTrader in the middle of brokers in terms of this offering. It is nicer than those who offer demo accounts for only two weeks or even less. At the same time, some brokers do offer demo accounts for an unlimited time period. That said, 30 days of access to the demo account should be enough for potential traders. It is sufficient time to determine if they want to trade with AxiTrader. It should also give beginners enough time to start honing their skills without risk.

To make up for the fact that some brokers offer longer demo accounts, AxiTrader does offer the ability to use the demo account for an unlimited period of time. To take advantage of this, however, you must sign up for a live account. Once you do so, your account manager can change the settings of your demo account so that it will not expire. This allows traders of all skill levels the opportunities to test new strategies.

How Do You Open a Live Account With AxiTrader?

It is simple to open an account and start trading with AxiTrader. Begin by filling out the registration form. AxiTrader’s website is encrypted, so there are no concerns about the security of your personal information. You will need to confirm your identity as a way to protect your account. This process is straightforward and can be completed electronically. Once your identity is verified, go ahead and fund your account. With a funded account, you are ready to start trading with AxiTrader.

Live Accounts

What Types of Accounts Does AxiTrader Offer?

There are two types of accounts available from AxiTrader: MT4 Standard Accounts and MT4 Pro Accounts. Either account type is completely free to set up.

With an MT4 Standard Account, there are no commission fees, and spreads start at 1.0 pips. There is no minimum deposit (£/$0), and the minimum trade size is 0.01 lots. Standard Account clients have access to five-digit pricing, market execution, EA-optimized automated trading, and over 80 FX pairs, CFDS, and metals. Mobile trading is available, as is MT4 NexGen. The margin can be up to 400:1. Standard Accounts can be in USD, EUR, GBP, CHF, or PLN and come with free VPS and Autochartist.

MT4 Pro Accounts also have no minimum deposit. The spreads start from 0.0 pips, and there is a $7 (USD) round trip commission. Similarities with Standard Accounts include over 80 forex pairs and metals, five-digit pricing, and a minimum trade size of 0.01 lots. Other similarities include EAs, mobile trading, MT4 NexGen, margins of up to 400:1, the same currencies, and free VPS. MT4 Pro Accounts also offer ECN-style deep liquidity, strategic flexibility, third-party advisors, low swap rates, and a positive price improvement.

Deposit & Withdrawals

You can deposit funds in your AxiTrader account via bank transfer and debit or credit cards. Or you can use Skrill/Moneybookers, Neteller, or broker-to-broker transfers. Australian clients can also use Global Collect or BPAY. Chinese residents can use China Union Pay. Third-party payments and withdrawals are not allowed.

AxiTrader Spreads

AxiTrader claims to offer some of the best forex spreads so that clients can maximize their profits. The forex spreads are listed live and institutional-grade. Clients get market-leading spreads for indices, currencies, and commodities. At times of peak liquidity, it is possible for the spreads to drop to 0.0 pips. Regardless of liquidity at a given moment, AxiTrader ensures its spreads are highly competitive.

AxiTrader also strives for transparency in terms of its spreads. To achieve that goal, the broker publishes live and average spreads for every currency pair. The broker even has a page dedicated to comparing historical and live spreads with those of other brokers.

Spreads

Spreads for a standard account can be as low as 1.0 pips for EURUSD, GBPUSD, AUDUSD, and NZDUSD. They can be as low as 1.1 pips for USDCHF, 1.2 pips for USDCAD, 6.0 pips for GOLD (XAUUSD), and 0.01 pips for Oil (WTI). The spreads for pro accounts can be as low as 0.1, 0.2, 0.1, 0.02, 0.2, 0.3, 2.0, and 0.01, respectively. In many cases, the average spreads are surprisingly close to these figures. The average spread for EURUSD, for example, is 1.24 with a standard account and 0.44 with a pro account.

How Does AxiTrader Maintain Competitive Spreads?

To maintain those industry-leading spreads, AxiTrader works with a vast network of tier-one prime liquidity providers and brokers. This network also includes global financial institutions and banks. Working with so many trusted sources means that AxiTrader can access a wider liquidity pool than the competition. This allows for low spreads for AxiTrader, which it passes on to its clients.

Clients then receive the best-spread pricing thanks to AxiTrader’s investments in technology. The broker uses a global server network and a world-class pricing engine. This combination allows for electronic aggregation of real-time prices from the liquidity providers. Based on that aggregation, the tech identifies the best possible bid and offer available. This results in the prices offering small price changes in almost real-time for each global currency pair. In other words, clients of AxiTrader get as close as they can to institutional-grade pricing.

Does AxiTrader Provide the Dividend and Rollover Information?

To provide traders with useful information, AxiTrader publishes the dividend forecast schedule. This is ideal for those trading the Cash Index CFD product. It lists the dividend adjustments that are coming up for CFD indices offered via MT4 for AxiTrader.

You can also find the information on futures CFDs contract rollovers. The information is displayed in a convenient table. The rollovers apply following the conclusion of trading on the given date. Most rollover processes should lead to downtime of less than one hour. When the contract resumes its trading, your account will have a swap or rollover applied. This swap or rollover will account for the price difference in the contract month.

What Trading Platforms Does AxiTrader Offer?

Clients of AxiTrader utilize the MetaTrader 4 platform, one of the most popular forex trading platforms. The MetaTrader 4 platform offers versions for a range of devices, including PC, Mac, iPhone, and Android. There is also MT4 NexGen, MT4 Forex Trading Signals, and MT4 Multi Account Manager. Additionally, you can access the MT4 WebTrader with your AxiTrader account. This version is optimized for web-performance of a lightweight nature.

Trading with MetaTrader provides access to a super-fast network with the New York servers. They can easily handle the flow of trading traffic, even including scalping and high-frequency. The MT4 terminals offer full coverage of the assets offered by AxiTraders, so you do not need to compromise.

MetaTrader 4 offers one-click trading for convenience. It is also compatible with Expert Advisors from third parties, allowing for automated trading. With MetaTrader, AxiTrader clients can drag and drop analysis tools and charts to their trading dashboard for customization. There are also numerous third-party features and extensions that supplement MT4 to enhance your trading.

MetaTrader 4

Trading on the mobile versions of MetaTrader for AxiTrader is filled with features but feels light. The applications have the features and tools you need, including live pricing with real-time updates. You can also modify existing trades with a simple swipe. The mobile version of MT4 also supports viewing historical data, including your trade history. Watch your live orders and enter trades or pending orders on the go.

Use the MT4 mobile applications to utilize real-time charting with live market data and options. You can also create your own customized watch list and access the latest news.

Alternatively, holders of live accounts with AxiTrader can use PsyQuation Premium. Account holders receive free access to this platform throughout the lifetime of their trading accounts.

MetaTrader 4 NexGen

One of the many versions of MetaTrader that AxiTrader clients can use is the MT4 NexGen. This platform is available for free to all AxiTrader clients with minimum deposits of $1,000 in their live trading accounts. This is the latest generation of the popular MetaTrader 4 platform. It includes sentiment trading, enhanced ordering, and advanced management tools. For convenience, you can view video tutorials of the stand-out MT4 NexGen features.

The sentiment indicator gives you insights into live market trends. The correlation trader helps you reduce money management errors while finding new opportunities. The alarm manager uses alarms, so you do not have to constantly watch the screen to take advantage of opportunities. The economic calendar lets you set up alerts for major events.

MT4 NexGen

There is also a new terminal window with MT4 NexGen on AxiTrader. This includes more post-trade features than those on previous MetaTrader 4 versions. Some of those post-trade features are group functions, templates, alerts, and OCO. You can also utilize the automated trade journal. This improves your reporting and analysis by automatically recording your trading activity.

The session map is interactive and displays the opening and closing times around the world markets. There is also a convenient mini-manager, so you can enter or exit trades faster. It also lets you easily and quickly apply more complex order types. MT4 NexGen also includes the ability to import news feeds or to follow traders via social networks.

MetaTrader 4 Multi-Account Manager

The MT4 Multi-Account Manager lets AxiTrader clients manage as many accounts as they want from a single trade terminal. This MAM integrated software tool allows you to use a master account and execute block trades on all accounts. That ability results in the option of placing larger orders in bulk to unlimited accounts and with speed.

AxiTrader has invested in its MT4 servers heavily, ensuring that its MAM offerings are reliable and fast. This allows account managers to have all the regular features of MT4, such as Expert Advisors, with additional tools. The AxiTrader MAM solution delivers increased automation, expanded functionality, and convenience.

The MAM terminal includes six allocation methods and trade sizes from just 0.01. It also has full support for normal and unique order types, such as market, stop, limit, trailing stop, close, and close all.

To use the MT4 Multi-Account Manager program with AxiTrader, you must be regulated and approved. It is only open to those operators of managed investment schemes or discretionary accounts that meet those requirements.

MT4 Forex Trading Signals

To enhance the ability of AxiTrader clients to make informed decisions, MetaTrader 4 offers forex trading signals. These include ready-made trading strategies, and there are thousands of them. When using a trading signal, you can automatically place trades with simple execution.

You can use this feature to follow leaders at trading. You are in full control as you are able to deactivate the trades that are placed in your account at any time. For greater control, you can set up your own risk tolerances with contingencies for stop losses. You can also diversify your trading signal strategy by following several traders. This allows you to spread your capital.

Trading Signals

The use of MT4 forex trading signals makes it possible to trade at any time of the day. Since the trades are completed automatically, they can occur even if you are not at the trading terminal.

AxiTrader clients with experience can also use the MT4 forex trading signals as a way to share their strategies. If you develop your own trading signals, you can allow others to follow them.

PsyQuation Premium

PsyQuation Premium is a platform that AxiTrader clients can utilize for free. This is an advanced version of the standard PsyQuation. That PsyQuation platform already has a reputation for offering among the most advanced platforms in the world for retail traders. The Premium version of this platform has more powerful indicators and trade signals that are more frequently updated. It also has a more comprehensive forecasting and offers institutional-level quantitative models.

There are premium trading tools like the Order Flow Sentiment Indicator. The OFSI allows you to view the order flow for Buy and Sell of more than 22,000 live trading accounts. You can also use it to filter down detailed trade information based on various segments.

PsyQuation

This platform is known for its ability to deliver advanced data analytics. It relies on highly sophisticated algorithms to act similarly to a private trading coach. PsyQuation Premium will analyze the trading style of clients then identify mistakes to help you avoid them. This is completely free for AxiTrader clients.

You can set up PsyQuation Premium to send you risk and behavioral alerts on your phone or email. This way, you are immediately aware of potential mistakes. There is also intraday performance charting, offering updated performance impact analysis. Furthermore, using this platform gives you the potential ability to receive mentoring and funding via the AxiSelect program. This would help you become a professional trader.

It is very quick to start using PsyQuation Premium with your AxiTrader account. You simply link your account, tour the features, and set trading targets. From there, customize your alerts.

What Is Autochartist?

One of the many bonus features that AxiTrader offers its active clients is Autochartist. This tool continuously scans markets and automatically recognizes setups for trades based on the resistance and support levels. The program then identifies opportunities and lets you know. The full version of Autochartist is included with all live AxiTrader accounts. Those who are still using an AxiTrader demo account get a limited version with a five-candlestick delay.

Autochartist offers a convenient MT4 plugin, so you can seamlessly put this particular resource to good use. With Autochartist, AxiTrader clients are able to enjoy continuous market scanning of an intraday nature. It also includes Fibonacci Patterns and Volatility Analysis to assist with understanding the volatility of assets and analyzing correlation. The use of pattern quality indicators and pattern recognition on Autochartist helps traders make informed trades.

Autochartist

The tool allows you to set up automated alerts for emerging or completed chart patterns. There is also a Price Range Forecast tool that lets you set your take profit and stop loss levels from data over the past six months. Autochartist also includes daily market reports for free, offering a market overview. This free market report is delivered three times every day for commodities and forex. It is sent daily for London, New York, and Tokyo Stock Exchanges.

AxiTrader VPS

Clients of AxiTrader can use the MT4 Forex VPS hosting service from one of the third-party providers. Using a virtual private server lets clients stay online 24/7, so their trades are never accidentally interrupted by connectivity or technological issues. This is a particularly useful tool for those who utilize automated trading strategies. In that case, the strategy can be used whenever the markets are open, even when the trader sleeps.

AxiTrader has several VPS partners, each with their own unique offer for AxiTrader clients. In the case of several of these partners, AxiTrader will credit a set amount of a monthly fee for traders. The only requirement is that traders must reach certain monthly trading minimums. All of the offers, as well as pricing for each VPS partner, can be found on the AxiTrader website.

What Other Tools Does AxiTrader Offer?

AxiTrader also makes it easy for clients to enhance their trading with a range of other trading tools. DupliTrade offers an advanced auto-execution mirror system. This allows for automated trading for indices, forex, and commodities via duplicating strategy providers. It is possible to create your own portfolio based on other strategy providers’ activity. This tool is free for AxiTrader clients who meet minimum starting balance requirements.

Myfxbook Autotrade is a community application for copy and social trading. It is connectible to other trading accounts and lets you follow traders or let them follow you. It takes less than 30 seconds to link an AxiTrader account, and there is a detailed guide on the AxiTrader website.

Tradency is the most-used algorithm platform in the world. The Mirror Trade feature lets you follow and copy top traders. You can view trading in real time to help you filter out the best market opportunities. You can also select which strategies to subscribe to. There are over 3,000 algorithmic strategies which are verified. AxiTrader clients get complimentary Mirror Trade access, provided they meet minimum monthly trade volumes.

ZuluTrade is a leading mobile and online social trading platform. It lets you follow successful traders who are ranked using ZuluRank. This is a proprietary algorithm for performance evaluation. You can follow the real trades of ZuluTraders, which are real trades in that traders’ broker accounts. There is a customizable suite for account management. There, you can find ZuluGuard to protect against volatile trading strategies and other advanced risk management tools.

Economic Calendar

It should be no surprise that AxiTrader offers an economic calendar for its clients. This covers market indicators, events, and news releases. The calendar is simple and includes a filter for easy navigation. It is also regularly updated to include the latest information. You can view historical data charts and descriptions by clicking on news events. You can even filter the calendar by event impact, currency pair, or other factors. There is also the ability to see the time left until key news events.

AxiTrader displays the most important information in its economic calendar, including the time, country, event name, volume, actual, consensus, and previous values.

Economic Calendar

Does AxiTrader Offer Analysis?

There is a Market News section on the AxiTrader website designed to keep clients up-to-date with the latest relevant news. Here, you will find forex market analysis posted nearly every day. Topics range from GDP figures to monthly volatility to position watches and more.

There is also a page within the Market News section dedicated to technical analysis. Additions to this page are less regular, but you can still find a vast range of topics.

For those who prefer video analysis, AxiTrader also has videos outlining market updates. These feature AxiTrader experts and include the most relevant information for traders.

Seminars and Webinars

To assist clients with their education and trading skills, AxiTrader offers both seminars and webinars. These online trading workshops are complimentary to clients and designed to appeal to a range of skill levels. AxiTrader’s experienced traders host regular online workshops.

AxiTrader Education

To ensure that clients are able to use MetaTrader 4 to its full potential, AxiTrader offers video tutorials. Topics include installation, managing trades, basic functions, MT4 Navigator, placing trades, order types, Market Watch, loading charts, and backtesting.

There is also a lengthy guide to the MetaTrader 4 Forex Trading Signals. This covers what the trading signals are, why to use them, how to use them, and more.

You will also find step-by-step guides for MetaTrader 4 NexGen. There are over 10 lessons in the form of videos and downloadable PDFs to appeal to all learning styles.

Education

AxiTrader also offers an extensive Education section on its website with the information beginners need. You will find sections dedicated to the basics of each Forex and CFDs. There is also a guide to slippage and its role in forex.

Here, you will also find a free forex e-book about building your trading system. The e-book explores market types and entering the market, exit strategies, measuring performance, and more.

AxiTrader clients also have access to the Education Center. This is free and has self-paced courses and tutorials in 24 languages. There are video tutorials on demand, e-books, and more. You will find information on forex trading basics, analysis techniques, developing your trading system, and trading psychology.

What Other Educational Tools Does AxiTrader Offer?

Within the Market News and Blog sections of the AxiTrader website, the broker offers various educational articles. These include topics for all levels, such as trading mistakes to avoid, position sizing techniques, and habits of successful traders. You can browse the educational articles or search the section.

There are also some educational materials on AxiTrader’s specific product pages. For example, the Forex Trading page outlines the benefits of trading forex. It also explains the symbols, bid and offer prices, types of brokers and traders, trading platforms, order types, and charts. You will also find descriptions of analysis, including pros and cons and examples for technical and fundamental trading. There are even definitions of types of traders, including day trading, swing trading, scalp trading, and position trading.

Webinars

Other pages in the same section of the AxiTrader website offer detailed explanations of margin trading, complete with examples, as well as a discussion of margin requirements and liquidation. The other pages on AxiTrader’s website dedicated to assets provide a similar level of explanation. You will find useful information for beginners on each asset type, including specific kinds of CFDs. This extends to other parts of the AxiTrader website. For example, the dividend forecast schedule page explains dividends and their impact.

As is expected from a broker, AxiTrader has an FAQ section labeled “Forex FAQs.” Despite the name, this FAQ section is not limited to just forex information. It offers information regarding the platform, how to open accounts, and how to use MT4 on various devices. You can also find info on deposits and withdrawals, accounts, troubleshooting, demo accounts, and trading specific assets.

AxiTrader Customer Support

AxiTrader has a support team that is available 24 hours a day thanks to the locations in Chisinau, Dubai, London, and Sydney. The support team is multi-lingual to provide support for all clients, regardless of their preferred language. Global support is available in six languages with company staff in 12 countries.

One feature of customer support that sets AxiTrader apart from the competition is that all clients have Dedicated Account Managers. Some competitors only assign Dedicated Account Managers to clients with certain account types. This stand-out feature means that all traders receive personalized service, regardless of their balance and trade sizes.

AxiTrader Awards

Among the various awards that AxiTrader has earned over the years, the broker is proud of being ranked as having the strongest brand association with trustworthiness among current FX traders according to the Investment Trends December 2014 Australia FX Report.

Going back to 2012, AxiTrader was the winner of the best spreads at the CiOT Expo. In 2013, the CiOT Expo awarded the broker with the honor of Best IB and Affiliate Program Worldwide and Best Forest Broker Asia. It was also recognized as the Most Recommended Forex Provider in Australia in the Investment Trends Dec 2013 Australia FX Report. The same report also named AxiTrader as the winner for customer support.

Awards

In addition to having the strongest brand association with being trustworthy in 2014, AxiTrader was the Financial Institution of the Year. This honor came from the Asia-Pacific Financial Investment Association. In 2016, AxiCorp reported a monthly client trading volume equal to $100 billion, making it one of the Top 10 Global FX providers.

In 2017, AxiTrader was named the Most Reliable Forex Broker at the AtoZForex.com’s 2017 Forex Awards. It was also honored in the Investment Trends December 2017 Australian FX Report with the Highest Overall Client Satisfaction. In 2018, it bagged many other awards, including Best MT4 Broker from compareforexbrorkers.com.au. It also earned two honors from the UK Forex Awards: Best MT4 Provider and Most Trusted Forex Broker.

Conclusion

AxiTrader is an awarded broker based in Australia. It has additional branches around the world to serve international clients. AxiTrader is regulated by multiple regulators, including the ASIC and FCA, and keeps client funds segregated.For UK clients, they also offer spread betting on the markets which is a tax-efficient way of using the platform as any gains are exempt from capital gains tax.

It offers access to forex and CFDs via the MT4 platform and a range of additional tools. There is a nice demo account available to test out the broker before opening a live account but unfortunately this is limited to a 30 day period.

Visit AxiTrader

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


Buy Crypto    Trade Crypto
eToro Risk Warning: 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

AxiTrader

8.8

Ease of Use

8.0/10

Reputation

9.0/10

Fees

9.0/10

Customer Support

9.0/10

Payment Methods

9.0/10

Pros

  • Regulated by FCA & ASIC
  • Tight Spreads
  • Spread Betting for UK
  • Demo Accounts
  • Long History & Well Established

Cons

  • Demo Account Limited to 30 Days
  • No Stocks & Shares CFDs
Avatar

Posted by Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.


All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.

Leave a reply

Your email address will not be published. Required fields are marked *