Axitrader Review for 2019

Axitrader Rated 3/5
Axitrader have a low rating. We recommend you look at one of their alternative brokers.
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Axitrader Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Axitrader we break down the pros and cons. What Axitrader are able to offer, what countries Axitrader are available in. Who Axitrader are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Axitrader

Open Axitrader's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Axitrader

With this review we hope to help you see if Axitrader is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Axitrader that will help you get off to a good start in the world of online trading.

Axitrader what you should know

Axitrader offer three ways to trade: Forex, CFDs, Social Trading.

With Axitrader you will need a minimum deposit of $200. 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 choosing a broker like Axitrader the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2007, and in operation for 12 years Axitrader have a head office in Australia.

Axitrader is regulated. This means Axitrader are supervised by and is checked for conduct by the Financial Conduct Authority and ASiC regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Axitrader, this will be honored. If Axitrader violate any regulatory rules their regulated status could be stripped.

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 banks financial health and strength.

Try creating two accounts when you are working with Axitrader. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Axitrader

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in 2007
  • Regulated by Financial Conduct Authority and ASiC
  • Min. deposit from $200

What we don't like

Axitrader General Fees

  • Axitrader withdrawal fees varies on payment method
  • Axitrader doesn't charge inactivity fees

Axitrader Commissions

  • Axitrader does charge commission on CFD shares.

What can you trade with Axitrader?

You can trade a wide variety of instruments with Axitrader over 100 instruments infact.

If you are looking at trading currency pairs Axitrader offer over 80 currency pairs.

Compare Axitrader with Plus500 and XTB below.

Losses can exceed deposits

FX / Currencies Axitrader Plus500 XTB
Forex pairs offered 80 100 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs Axitrader Plus500 XTB
Commodities offered 0 17 21
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Axitrader Plus500 XTB
Stocks offered 0 1816 1696
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
Axitrader
Instruments
Plus500
Instruments
XTB
Instruments

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.

An 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, making it easier to keep an eye on and execute your trades while you’re on the move.

See Axitrader's platforms

Axitrader Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Axitrader Trading Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account

Can I try Axitrader before I buy?

Axitrader offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Axitrader accept?

Axitrader offer the below funding payment methods. learn more about Axitrader

  • Credit cards
  • Bank Transfer
  • Payoneer
  • Neteller
  • UnionPay

How can I start trading with Axitrader?

When opening a trading account with Axitrader, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Axitrader trading platforms here.

Performing trades with Axitrader

Axitrader allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. Axitrader allow you to execute a maxium trade of 50 Lot. As Axitrader offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As a nice bonus, Axitrader are one of very few brokers that claim to have no requotes, so you don't have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Support at Axitrader

Axitrader support a wide range of languages including English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic

Axitrader have a double AA grade support rating because Axitrader offer over three languages, email support.

What you will need to open an account with Axitrader

As Axitrader is regulated by Financial Conduct Authority and ASiC, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Axitrader's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Axitrader you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.axitrader.com on 12th August 2018.

Axitrader not quite right?

Check out these Axitrader Alternatives

We have spent years researching the best alternatives to Axitrader. Click the links below to learn more.

If you feel some of the above Axitrader are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Axitrader alternatives below.

Related Axitrader Comparisons

If you would like to see how Axitrader stands up against other brokers you can read some of our Axitrader comparisons below. We compare side by side some of our top rated Axitrader versus comparisons. Read some indepth Axitrader VS pages below.

AXITRADER Frequently Asked Questions

Can I try Axitrader before I buy?

Axitrader offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Axitrader accept?

Axitrader offer the following funding payment methods accept Credit cards, Bank Transfers, Payoneer, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

How can I start trading with Axitrader?

When opening a trading account with Axitrader, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Axitrader trading platforms here.

Is my money safe with Axitrader?

Axitrader is regulated by Financial Conduct Authority and ASiC. One of the most important criteria for traders when choosing a broker like Axitrader is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Axitrader, this will be honored. If they violate any regulatory rules their regulated status can be stripped.