Axitrader review
Axitrader is a Multi-Assets Trading Platform with over 170+ Assets
Axitrader is a multi asset platform with 170+ tradable Assets. Assets available on Axitrader include Forex, CFDs, Social Trading.
Axitrader trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Social Trading are considered financial assets.
Features of Axitrader
- Virtual Portfolio, or what is commonly known as a Demo Account
- API Trading
- Social Trading available
- Copy Trading available
- StopLoss
- Trailing Stops
- TakeProfit Orders
- Axitrader offers Advanced Financial Chart comparison tools
- Axitrader offers Research-backed analysis on financial markets and investments from top analysts
- The Axitrader platform is available to use on multiple devices including Apple Mac computers, iOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- Axitrader offers a trading platform with tools for both New Traders and Seasoned Experts
- Axitrader users benefit from using the Axitrader platform in over 8 different languages
Axitrader review
What you should know
Axitrader offer three ways to trade: Forex, CFDs, Social Trading. The assets and products available to you on the Axitrader trading platform depends on the region of the world, you are in and the Axitrader entity you have an account.
With Axitrader you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Axitrader platform.
Axitrader are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Axitrader safe?
When considering Axitrader for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Axitrader, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2007, and in operation for 17 years Axitrader have a head office in Australia.
Axitrader is regulated. This means Axitrader are supervised by and is checked for conduct by the ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746) regulatory bodies.
Axitrader withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Axitrader are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Axitrader are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Axitrader and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Axitrader has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Axitrader will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Axitrader, you can enjoy peace of mind and focus on your trading activities. If Axitrader violate any regulatory rules their regulated status could be stripped.
Losses can exceed deposits
Is my money safe with Axitrader?
All payments made to Axitrader by traders are securely held in a segregated bank account.
Axitrader uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Axitrader use them?
Axitrader partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Axitrader clients' funds.
Axitrader clients can have greater confidence in their financial security when working with a Tier 1 bank because Axitrader are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Axitrader deposited in a Tier 1 bank?
Depositing funds with Axitrader ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Axitrader were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Axitrader is a secure and safe platform.
Please be aware that trading in financial assets with Axitrader carries a risk of loss. Axitrader trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Axitrader emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about Axitrader, let's closely examine its features.
To better understand the Axitrader trading platform, you can create two separate accounts - one with real money and the other a Axitrader demo account. A Axitrader demo account provides a risk-free environment for experimenting with the Axitrader platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Axitrader trading decisions.
Open a demo account Visit Axitrader
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Axitrader as a Company Compare Against Other Brokers
Broker | Axitrader | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2007 | 2007 | 2009 | 2007 |
Head Office | Australia | Australia | Belize | Cyprus, UK |
Regulation | ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 60,000+ Axitrader users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit Axitrader | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
Axitrader review
Axitrader Pros and Cons
Axitrader review
Axitrader Regulation and Licensing in more detail
Axitrader is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Axitrader going into insolvency. Axitrader compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Axitrader to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Axitrader traders.
- ASIC (Australian Securities & Investments Commission) (318232)
- FCA (Financial Conduct Authority) (509746)
Axitrader is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Axitrader you should be sure they're legitimate online agent.
Is Axitrader Global?
Yes, Axitrader is global as Axitrader is available in over 193 countries.
Axitrader is a global trading platform in the sense that it operates in 193 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Axitrader covers include the UK, Germany, South Africa, Thailand, China and Australia. Axitrader has a total of more than 60,000 users.
Axitrader review
Axitrader Awards
Axitrader have won numerious industry awards over the 17 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Axitrader below.
- Best Forex Affiliate Broker Programme (Europe) - Global Forex Awards - 2021
- Most Transparent Forex Broker (Middle East) - Global Forex Awards - 2021
Axitrader review
Axitrader Fees Explained
- Axitrader doesn't charge withdrawal fees.
- Axitrader does charge a fee for inactive accounts.
- Axitrader doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Axitrader are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Axitrader Costs To Check
Modern brokers like Axitrader provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Axitrader may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Axitrader trading profitability.
How Axitrader Fees Compare Against Other Brokers
Broker | Axitrader | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 0 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | Yes | No | Yes |
Axitrader Minimum Deposit
Axitrader does not require a minimum deposit when opening an Axitrader trading account.
In the trading world, brokers like Axitrader, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Axitrader Withdrawal Fees
Axitrader doesn't charge withdrawal fees.
Axitrader Withdrawal rules may vary across different brokers when it comes to transferring funds from your Axitrader or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Axitrader may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Axitrader withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Axitrader. Researching and comparing Axitrader withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Axitrader funds frequently or dealing with large sums of money. Awareness of these Axitrader fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Axitrader funds.
For example, Axitrader allows you to withdraw your funds to Credit Cards, Debit Cards, VISA, MasterCard, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer, Skrill, Neteller, Bitcoin transfer, Ethereum transfer, Tether transfer.
Axitrader Inactivity Fees
Axitrader does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Axitrader terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Axitrader fees and services. It's recommended that you check the Axitrader website before signing up. If you decide to close your Axitrader account, it's important to do so with the Axitrader broker customer support and obtain confirmation that no remaining Axitrader fees are due.
Brokers like Axitrader must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Axitrader Deposit Fees
Axitrader does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Axitrader Commission Fees
Axitrader does charge commission on CFD instruments.
Brokerage firms like Axitrader may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Axitrader trading account level held by the trader.
Axitrader may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Axitrader terms and conditions to understand the commission fees and any other charges that may apply is essential.
Axitrader review
What can you trade with Axitrader?
It's essential to note that the trading instruments offered under the Axitrader brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Axitrader trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Axitrader over 170 instruments in fact.
If you want to trade currency pairs on global Forex markets, Axitrader offer over 100 currency pairs.
Axitrader Compared To Other Brokers
Compare Axitrader with IC Markets and Roboforex below.
How Axitrader Trading Options Compare Against Other Brokers
Broker | Axitrader | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 170 | 2250 | 12000 | 6000 |
Platforms | MT4, Apple App iOS, Android Google Play, MT4 WebTrader | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 100 | 61 | 35 | 50 |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | Yes | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 20 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 1000 | 2100 | 0 | 2042 |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | Yes | Yes | Yes | Yes |
German Shares | Yes | Yes | Yes | Yes |
Japanese Shares | Yes | Yes | Yes | Yes |
Risk Warning |
Visit Axitrader
Losses can exceed deposits |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
Axitrader review
Trading on Axitrader web platforms and other applications
Axitrader offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
A Axitrader iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
Axitrader also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Axitrader's platformsIs the Axitrader Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Axitrader trading platform to protect you on PC and mobile Axitrader platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Axitrader web trading platforms.
Axitrader Trading Platform Options
After logging into your Axitrader account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that Axitrader does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
Axitrader does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options Axitrader gives you.
Axitrader review
Axitrader MetaTrader 4 (MT4)
Axitrader MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Axitrader offers traders comprehensive features and tools to enhance their trading performance. The Axitrader MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Axitrader platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Axitrader traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Axitrader traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Axitrader trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Axitrader MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Axitrader, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Axitrader MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Axitrader allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with Axitrader in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Axitrader MetaTrader 4 is compatible with the latest macOS. Axitrader allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on Axitrader
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade Axitrader MetaTrader 4 on iOS Devices
You can download the Axitrader app or trade with Axitrader through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Axitrader customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade Axitrader MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and Axitrader offers its clients access to the MetaTrader 4 platform on these devices. With the Axitrader MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Axitrader traders to stay on top of their trades and react quickly to changes in the market. With the Axitrader MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade Axitrader MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on Axitrader are a powerful bundle of three major indicators designed to help traders make informed decisions. Axitrader MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help Axitrader traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Axitrader traders to potentially stay one step ahead.
Axitrader MetaTrader 4 Advanced Trading Tools
The Axitrader MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Axitrader traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Axitrader provides traders with everything they need to succeed. The Axitrader MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Axitrader traders to analyze the market at any level of complexity.
Trade Axitrader MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
Axitrader MetaTrader 4 AutoChartist
Autochartist on the Axitrader platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for Axitrader MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, Axitrader traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Axitrader users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Axitrader traders can navigate the platform and find the information they need to make informed trading decisions.
Axitrader Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Axitrader traders of all experience levels.
Axitrader Trading benefits
- Axitrader Allows scalping
- Axitrader Allows hedging
- Axitrader Offers STP
- Axitrader Low min deposit
- Axitrader Offers Negative Balance Protection
Axitrader Trading Accounts Offered
Below we give an overview of the account types that Axitrader offer. Whatever you are looking to trade, the varying Axitrader account types will be able to provide you with what you need.
- Axitrader Demo account
- Micro account
- Axitrader Mini account
- Axitrader Standard account
- Axitrader STP account
- Axitrader Islamic account
Can I try Axitrader?
Axitrader provides a demo account that enables individuals to explore trading before investing their funds. By creating a Axitrader practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Axitrader demo account can help individuals to make informed decisions before investing their money.
Open a demo Axitrader account to practice and trade.
Losses can exceed deposits
Axitrader withdrawal and funding methods
It's essential to remember that the payment methods provided by Axitrader vary based on the Axitrader entity and the Axitrader client's country of residence. To view the Axitrader payment options available, you can log into your Axitrader member's area.
Axitrader offers various funding payment methods listed in your Axitrader dashboard if available in your region. To learn more about the Axitrader funding and withdrawal options available in your area, you can explore the Axitrader website.
Axitrader provides several payment methods for funding your Axitrader account. You may utilize any of these deposit options if they are available in your region. Axitrader ensures that users have multiple payment methods to choose from, making it more convenient for verified Axitrader account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Axitrader user's location. learn more about Axitrader funding and withdrawal methods.Axitrader Payment Methods
Some Axitrader payment methods are local and are available only to specific regions. Axitrader account holders should check which payment methods are provided in your region.- Axitrader accepts Credit Cards
- Axitrader accepts Debit Cards
- Axitrader accepts VISA
- Axitrader accepts MasterCard
- Axitrader accepts Bank Transfer
- Axitrader accepts Neteller
- Axitrader accepts BPAY
- Axitrader accepts UnionPay
- Axitrader accepts Payoneer
- Axitrader accepts Skrill
- Axitrader accepts Neteller
- Axitrader accepts Bitcoin transfer
- Axitrader accepts Ethereum transfer
- Axitrader accepts Tether transfer
Broker | Axitrader | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | Yes | No | No | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available Axitrader and other broker payment methods depend on the clients country of residence.
How can I start trading with Axitrader?
To open a trading account with Axitrader, individuals can sign up on the Axitrader website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Axitrader account validation and making a deposit. Once completed, Axitrader users can download the trading platform of their choice.
It's important to note that Axitrader requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Axitrader maintain a trustworthy financial environment for its 60,000 users. Detailed information on the Axitrader trading platforms is available on their website.
Losses can exceed deposits
Performing trades with Axitrader
When using Axitrader, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Axitrader have a max trade of 50 Lot. With STP execution on the Axitrader platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.
One of the Axitrader platforms notable features is its claim of having no requotes, which means traders need not be concerned about slippage when executing trades (i.e., trades being executed at a price different from the intended price). No requotes can provide Axitrader traders with greater confidence and peace of mind when trading on the Axitrader platform. It's worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of Axitrader trades.
Like other brokers, Axitrader margin requirements can differ depending on the traded instrument.
Axitrader offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about Axitrader, and see all of the Axitrader account features on the official Axitrader website.
CFD Trading on Axitrader
We will show you an example of the basics of using Axitrader leverage.
CFD trading on Axitrader allows traders to speculate on the price movements of various financial instruments against the broker Axitrader, without actually owning real assets. With CFDs, Axitrader traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
Axitrader provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, Axitrader leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Axitrader trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Axitrader leverage magnifies both profits and losses in trading.
Trading CFD trades on the Axitrader platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced Axitrader traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits
Limiting Your Risk When Trading with Axitrader Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like Axitrader. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Axitrader trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Axitrader trading losses are always limited to the current balance of funds in the trader's account.
Even if an Axitrader trader experiences a significant loss, they will never owe more money than what is available in their Axitrader account balance.
It's important for Axitrader traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Axitrader losses are limited to the funds available in your Axitrader account when negative balance protection is in place.
Limit Risk When Trading with Axitrader Stop Loss, Axitrader Stop Limit Orders
Stop-loss orders are a popular risk management tool traders use on platforms such as Axitrader . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.
Stop-loss orders are especially important for Axitrader traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Axitrader trader should use a stop-loss order can vary depending on the specific trade and market conditions.
Overall, stop-loss orders can provide Axitrader traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with Axitrader, you must actively monitor your live trading portfolio and financial exposure on Axitrader.
Education Resources at Axitrader
Axitrader offer educational resources which include Blogs, Axi Academy, Ebooks, Video Tutorials. Please bear in mind that these resources provided by Axitrader do not guarantee any results when trading. When we checked on the Axitrader website, these educational resources were not available in every language. Also some financial instruments mentioned in any Axitrader educational resources may not be available in your region.
To trade effectively with Axitrader, it's important to have a good understanding of the Axitrader trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Axitrader and externally.
Axitrader . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Axitrader. Familiarizing yourself with the Axitrader trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Axitrader. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Axitrader involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Axitrader, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Axitrader. Explore the Axitrader platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Axitrader, before live trading.
Customer Support at Axitrader
As part of our Axitrader review, we review customer service options, response times and problem resolution effectiveness on the Axitrader trading platform. The Axitrader trading platform supports multiple languages, which includes English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic.
Axitrader Available Support Types
Axitrader have a double AA grade support rating because Axitrader offer live chat and email support in multiple languages.
Livechat Support at Axitrader
Axitrader does not offer LiveChat Support.
Email Support at Axitrader
Our experience with Axitrader email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.
Phone Support at Axitrader
Our experience with Axitrader phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with Axitrader.
See how Axitrader Support Compares Against Other Brokers
Broker | Axitrader | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit Axitrader | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Axitrader
As Axitrader is regulated by ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746).
As a new client of Axitrader, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Axitrader in your region. During the Axitrader account opening process, you will be asked to provide Axitrader with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Axitrader have the following documents available.
- Axitrader require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Axitrader compliance. This must be dated within the last six months.
- If you plan to fund your Axitrader account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Axitrader platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Axitrader Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Axitrader's platform.
However, remember that you won't be able to make trades on Axitrader until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Axitrader KYC compliance process as soon as possible to avoid any delays in accessing the Axitrader platform's features.
It is important to note that Axitrader may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Axitrader platform and features immediately. However, you must pass the verification process to start live trading with Axitrader, which can take up to a few business days.
To start the process of opening an account with Axitrader you can visit the Axitrader trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.axi.com on November 18, 2024.
Watch this Axitrader Explainer Video
Is Axitrader A Good Broker?
We have spent over 5 years examining Axitrader in depth. Although we found some very useful aspects of the Axitrader platform that would be useful to some traders. We feel that a alternative to Axitrader may better suit you.
- Axitrader have a good track record of offering Forex, CFDs, Social Trading.
- Axitrader has a history of over 17 years.
- Axitrader has a reasonable sized customer support of at least 10.
- Axitrader are regulated by the ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746). Axitrader is subject to strict regulatory oversight from its respective jurisdiction, which holds Axitrader (the broker) accountable for misconduct. This regulatory framework helps ensure that Axitrader operates fairly and transparently and provides Axitrader customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Axitrader.
- Axitrader have regulation from reputable regulators.
- One of the advantages of using Axitrader is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Axitrader are particularly important as Axitrader traders want to receive their money quickly. With the efficient Axitrader payment processing system, traders can enjoy faster access to their Axitrader funds.
- Axitrader have an international presence in multiple countries. Including local Axitrader seminars and training.
- Axitrader can hire people from various locations in the world who can better communicate in your local language.
Axitrader Risk Disclosure
Losses can exceed deposits
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Axitrader not quite right?
If after reading this Axitrader review, Axitrader does not fulfill your needs check out these Axitrader Alternatives.
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After extensive research over several years, we have compiled a list of the most effective Axitrader alternatives available today. If you are unsatisfied with Axitrader or want to explore other options, we recommend checking out our carefully curated list of highly-rated Axitrader alternatives. Follow the links below to learn more about these Axitrader broker alternatives and choose the one that best suits your trading needs.
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Related Axitrader Vs Comparisons
Throughout our comprehensive Axitrader review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Axitrader against other popular brokers in the industry, check out our Axitrader Vs pages. Our team has compiled a series of detailed Axitrader comparison articles, pitting the Axitrader platform against some of the best-rated Axitrader competitors in the market. Dive into our informative Axitrader Vs pages below to find out how Axitrader stacks up against other leading brokers.
- Axitrader vs ICMarkets
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Axitrader review
AXITRADER Frequently Asked Questions
Read our detailed Axitrader FAQ Section updated for 2025.
Can I try Axitrader?
Axitrader offer a demo account so you can try the Axitrader platform with virtual trading before you put down a payment. Virtual trading with Axitrader is zero risk. Learn more here
What funding methods do Axitrader accept?
Please note that the list of payment methods below depends on the Axitrader Entity and the client's Country of Residence.
Axitrader offer the following funding payment methods Credit Cards, Debit Cards, VISA, MasterCard, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer, Skrill, Neteller, Bitcoin transfer, Ethereum transfer, Tether transfer, among other payment methods.
Learn more here
Is Axitrader safe?
Axitrader have over 60,000 users. Axitrader are considered reliable as they are regulated by and checked for conduct by the ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746). Any payments funded to Axitrader accounts by traders are held in a segregated bank account. For added security,Axitrader use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Axitrader is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Axitrader unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Losses can exceed deposits
Is Axitrader trading good?
Axitrader is considered good and reputable to trade with Axitrader. Axitrader is used by over 60,000 traders and Axitrader users. Axitrader offers Forex trading, CFDs trading, and Social trading. Minimum deposit with Axitrader is 0.
Is Axitrader trading Legit?
Axitrader was founded in Australia in 2007. Axitrader has been facilitating trade on the financial markets for over 17 years. Axitrader offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to Axitrader are held in segregated bank accounts for security. Axitrader is regulated by ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746) so can be considered legit.
Is Axitrader a good broker?
Axitrader allows Forex trading, CFDs trading, and Social trading. Axitrader is overseen by the top tier financial regulators ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746) so can be considered a good broker.
Is Axitrader trustworthy broker?
Axitrader is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Axitrader, money is in a segregated bank account that is separate from Axitrader company's funds. As a regulated broker, Axitrader cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Axitrader. Instead, your Axitrader funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Axitrader. Also Axitrader is regulated in its local jurisdictions including major financial regulators like ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746).
What is the minimum deposit for Axitrader?
The minimum deposit to trade with Axitrader is 0.
How long do Axitrader withdrawals take?
Withdrawing money from Axitrader processing time varies depending on the method but averages 1-5 days.
Is Axitrader regulated?
Axitrader is regulated by the ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746). Regulatory bodies conduct regular reviews and audits as part of Axitrader maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Axitrader a market maker?
Axitrader is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Axitrader even if no buyer or seller is lined up.
How can I start trading with Axitrader?
When opening a trading account with Axitrader, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Axitrader trading platforms, you can follow the link provided below: Learn more about signing up with the Axitrader trading platform here. This will provide useful information and insights into the various trading platforms offered by Axitrader, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Axitrader?
Yes your money is safe with Axitrader.
Overall, strict financial regulation is essential for ensuring that trading platforms like Axitrader operate fairly, transparently, and responsibly, which ultimately benefits all Axitrader stakeholders involved.
Trading platforms like Axitrader must have strict financial regulation for several reasons:
- Protecting Axitrader Investors: Strict financial regulation ensures that investors who use the Axitrader trading platform are protected against fraudulent or unethical behavior by the Axitrader platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Axitrader platform.
- Maintaining Axitrader Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Axitrader trading platform. Regulatory procedures reduce the likelihood of the Axitrader platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Axitrader Transparency: Regulations require trading platforms like Axitrader to maintain detailed records and disclose Axitrader client information. Financial regulatory requirements enhances transparency and helps to build trust between the Axitrader platform and its investors.
Axitrader is regulated by the ASIC (Australian Securities & Investments Commission) (318232), FCA (Financial Conduct Authority) (509746). When selecting a broker such as Axitrader, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Axitrader ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Axitrader.
Is Axitrader a con?
Axitrader is regulated and well established, having been in business for over 17 years. Axitrader is not a con.
Can you make money with Axitrader?
Although traders have had great success with Axitrader, trading on the financial markets with Axitrader is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.
Does Axitrader have fees?
Axitrader doesn't charge withdrawal fees. Axitrader does charge a fee for inactive accounts. Axitrader doesn't charge deposit fees.
When was Axitrader founded?
Axitrader was founded in 2007.
How many people use Axitrader?
Axitrader is used by over 60,000 registered Axitrader users.
What is Axitrader Headquarters country?
Axitrader has its head quarters office in Australia .
Does Axitrader offer negative balance protection?
Axitrader offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Axitrader offer guaranteed stop loss?
Axitrader does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Axitrader allow scalping?
Axitrader offers scalping.
Does Axitrader allow hedging?
Axitrader offers hedging.
Does Axitrader offer CFD trading?
Axitrader offers CFD trading.
Does Axitrader offer STP?
Axitrader offers STP trading.
How many people use Axitrader?
Axitrader is used by over 60000 Axitrader users and traders.
Is Axitrader an ECN broker?
Axitrader does not offer ECN trading.
Does Axitrader offer a demo account?
Axitrader offers a demo account.
Does Axitrader offer an Islamic account?
Axitrader offers an Islamic account.
What are the funding methods for Axitrader?
Please note that funding methods and options available with Axitrader can be found in the Axitrader Members area and depend on the Axitrader client’s country of residence. Please check your specific available payment methods on the Axitrader website. Axitrader accept the following funding methods : Credit Cards, Debit Cards, VISA, MasterCard, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer, Skrill, Neteller, Bitcoin transfer, Ethereum transfer, Tether transfer.