Axitrader Rated 3/5

Axitrader Guide - Read our In Depth 2021 Axitrader Review

This Axitrader review was written by industry experts with over 20 years of financial experience in Forex, CFDs, Social Trading.
The content in this Axitrader review does not apply to US users.

Benefits of Trading with Axitrader

Axitrader Review 2021 Quick Summary
💰 Min Deposit No minimum deposit
👱‍♂️ Used By 10,000 Axitrader users and traders
📆 Founded 2007
🌍 HQ Australia
👮‍♂️ Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)
🚫 Excluded Countries Axitrader is not available in the following countries : US, JP

Open Axitrader's Website

Losses can exceed deposits

learn more Learn more about eToro. 67% of retail investor accounts lose money when trading CFDs with this provider.

What is Axitrader?

Axitrader are a global online financial trading platform and multi asset broker founded in 2007

Over 14 years later Axitrader has grown to offering retail investors Forex trading, CFDs trading, and Social trading.

Axitrader are a global broker. Axitrader have a head office in Australia.

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

We will dive deep in this Axitrader review and assess how well the Axitrader platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Axitrader can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Axitrader we breakdown the pros and cons. What Axitrader are able to offer, what countries Axitrader are available in. Who Axitrader are regulated by and more.

Axitrader Review Screenshot

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.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Axitrader review useful.

This review of the Axitrader platform is very detailed. If you are interested in trading with Axitrader in any capacity please take the time to read and research the whole Axitrader review.

We have tried to explain the ins and outs of financial trading through the Axitrader platform as plainly as possible so that you the trader are as informed as possible before you start to use the Axitrader trading tools and depositing and withdrawing funds from Axitrader.

Axitrader are reputable enough to have a wikipedia page link. Wikipedia content is highly moderated for accuracy. It is very hard to get a Wikipedia page.
Open Axitrader's Wikipedia page

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Axitrader like Forex trading, CFDs trading, and Social trading. you should have confidence in Axitrader and know that the management of your financial investments on the Axitrader platform are in good hands.

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

With this Axitrader 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 Review Table of Contents

Axitrader review
Axitrader is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Axitrader. Axitrader is a multi asset platform with 100+ tradable Assets. Assets available on Axitrader include Forex, CFDs, Social Trading.

Axitrader trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex, CFDs, Social Trading are considered financial assets.

Features of Axitrader

Axitrader review
What you should know

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

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 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 14 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 (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) 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.

Losses can exceed deposits

Is my money safe with Axitrader?

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.

What are Tier 1 banks and why should Axitrader use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Axitrader deposited in a Tier 1 bank?

Having any money you deposit with Axitrader means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Axitrader goes out of business for some reason.

Therefore, we can safely conclude that Axitrader is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex, CFDs, Social Trading is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Axitrader also clearly state on their platform that Losses can exceed deposits.

Now that we have answered some important questions regrding Axitrader. let us look at the Axitrader features in more detail.

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.

How Axitrader as a Company Compare Against Other Brokers

Broker Axitrader eToro IC Markets XTB
Year Established 2007 2007 2007 2002
Head Office Australia Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ Axitrader users 20,000,000+ eToro users 180,000+ IC Markets users 250,000+ XTB users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Axitrader Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 79% 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 review
Axitrader Pros and Cons

What we like about Axitrader

  • Used by over 10,000 Axitrader users and traders
  • Established in 2007
  • Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)
  • Min. deposit from $0

What we don't like about Axitrader

Axitrader review
Axitrader Regulation and Licensing in more detail

We have checked and Axitrader is regulated and supervised by reputable organisations. You are able to check every Axitrader supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Axitrader. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Axitrader traders and provide a safe trading environment. Financial regulation and license approval is essential.

Axitrader is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as 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 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Axitrader covers include the UK, Germany, Australia, South Africa, Thailand, and China. As per its Wikipedia page, Axitrader has a total of more than 10,000 users.

Axitrader review
Axitrader Awards

Axitrader have won numerious industry awards over the 14 years they have been operating as a financial broker. We list the most notible awards and mentions for Axitrader below.

  • UK Forex Awards Best MT4 Provider and Most Trusted Forex Broker 2018
  • Compare Forex Brokers Australia Best MT4 Broker 2018
  • AtoZForex Most Reliable Forex Broker 2017
  • Australian FX Report Highest Overall Client Satisfaction 2017

Axitrader review
Axitrader Fees Explained

  • Axitrader withdrawal fees varies on payment method
  • Axitrader does not charge a fee for inactive accounts.
  • Axitrader does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Axitrader Fees Compare Against Other Brokers

Broker Axitrader eToro IC Markets XTB
Min Deposit 0 200 200 0
Withdrawal Fees Varies Yes No varies
Inactivity Fees No Yes No No
Deposit Fees Varies No Varies No
CFD Commission Fees Yes No Yes Yes

Axitrader Minimum Deposit

Axitrader do not require a minimum desposit when opening a Axitrader trading account.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Axitrader Withdrawal Fees

Axitrader withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Axitrader for example allow you to withdraw your funds to Credit cards, Debit cards, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer.

Axitrader Inactivity Fees

Axitrader does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Axitrader Desposit Fees

Axitrader does charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Axitrader Commission Fees

Axitrader does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Axitrader review
What can you trade with Axitrader?

Be aware that Different entities under Axitrader Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

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

If you are looking for Forex brokers to trade currency pairs on global Forex markets Axitrader offer over 100 currency pairs.

Compare Axitrader with eToro and IC Markets below.

Losses can exceed deposits

How Axitrader Trading Options Compare Against Other Brokers

Broker Axitrader eToro IC Markets XTB
Instruments Available 100 2000 232 4000
Platforms MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 100 50 65 57
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 Yes Yes
Commodity CFDs        
Commodities Offered 20 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 1000 2042 110 1696
UK Shares Yes Yes No 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 eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
79% 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 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.

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

Is the Axitrader Trading Platform Secure?

Axitrader safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Axitrader also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Axitrader.

Axitrader Trading Platform Options

Once you have logged into your Axitrader account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

Axitrader does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Axitrader does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Axitrader gives you.

Axitrader review
Axitrader MetaTrader 4 (MT4)

Axitrader MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Axitrader. You can learn more about the MT4 Platform 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 PC's and Apple Macintosh computers. Axitrader MetaTrader 4 is compatible with the latest macOS Mojave. Axitrader allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Axitrader

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Axitrader MetaTrader 4 on IOS Devices

You can download the Axitrader app or also trade with Axitrader through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Axitrader MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Axitrader provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Axitrader MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Axitrader MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Axitrader MetaTrader 4 Advanced Trading Tools

The Axitrader advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Axitrader offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Axitrader MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Axitrader MetaTrader 4 AutoChartist

Axitrader Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Axitrader Trading benefits

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

Axitrader Trading Accounts Offered

Below we give an overview on 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.

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • STP 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

Losses can exceed deposits

Axitrader withdrawal and funding methods

Please note that the list of Axitrader payment methods below depend on the Axitrader Entity and the Clients Country of Residence.

All available Axitrader payment methods available to you can be found in your Axitrader members area checked on the Axitrader website.

Axitrader offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Axitrader

Axitrader Payment Methods

  • Axitrader accepts Credit cards
  • Axitrader accepts Debit cards
  • Axitrader accepts Bank Transfer
  • Axitrader accepts Neteller
  • Axitrader accepts BPAY
  • Axitrader accepts UnionPay
  • Axitrader accepts Payoneer
Broker Axitrader eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes No Yes
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?

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. You will need to provide some basic documentation to prove your identity as part of Axitrader onboarding and normal KYC identity checks. These checks are standard practice and help Axitrader provide a safe financial environment for their 10,000 users.

Losses can exceed deposits

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.

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 instruments.

CFD Trading on Axitrader

let's take a look at some of the basics of using Axitrader leverage.

Axitrader offer CFD which are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Axitrader leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Axitrader trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Axitrader leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Axitrader CFDs are typically used for short to medium term trades. For example Axitrader intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.

Always be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Limit Risk When Trading with Axitrader Stop Loss, Axitrader Stop Limit Orders

A stop-loss order is an order placed with a broker like Axitrader to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Axitrader

To trade effectively with Axitrader, it's important to get a have a good understanding of the Axitrader trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Axitrader and externally.

Axitrader offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Axitrader.

Take time to look around the Axitrader platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Axitrader

As part of our Axitrader review we review customer service options, response times and Axitrader trading platform problem resolution effectiveness.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 live chat and email support in multiple languages.

Livechat Support at Axitrader

Axitrader does not offer LiveChat Support.

Email Support at Axitrader

We sent several emails to Axitrader and answer times overall were excellent. The fastest response from Axitrader was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with Axitrader, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Axitrader.

Phone Support at Axitrader

We called Axitrader and the call was answered very quickly. The call was answered in less than 5 minutes.

The Axitrader phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Axitrader team by calling in varying languages. Axitrader made an effort to make sure our queries were answered.

Overall great phone support from Axitrader.

See how Axitrader Support Compares Against Other Brokers

Broker Axitrader eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Axitrader Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 79% 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.

What you will need to open an account with Axitrader

As Axitrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), 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:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Axitrader Brand may be different.

  • 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 3 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 the Axitrader trading platform 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 April 12, 2021.

Watch this Axitrader Explainer Video

Is Axitrader A Good Broker?

We spent over 3 months examining Axitrader in depth. Although we found some very useful aspects of the Axitrader platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Axitrader broker.

  • Axitrader have a good track record of offering Forex, CFDs, Social Trading.
  • Axitrader has a history of over 14 years.
  • Axitrader has a reasonable sized customer support of at least 10.
  • Axitrader are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA). This means Axitrader fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Axitrader have regulation from a Tier 1 reputable country.
  • Axitrader has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Axitrader have an international presence in multiple countries. This includes local Axitrader seminars and training.
  • Axitrader are able to 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 including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

Axitrader not quite right?

If after reading this Axitrader review, Axitrader does not fulfill your needs check out these Axitrader Alternatives.

Click here to view the best 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 Vs Comparisons

We have covered allot in this Axitrader review, If you want to see how Axitrader compares side by side with other brokers check out our Axitrader Vs pages.

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 our indepth Axitrader VS pages below.

Axitrader review
AXITRADER Frequently Asked Questions

Read our detailed Axitrader FAQ Section updated for 2021.

Can I try Axitrader before I buy?

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 depend on the Axitrader Entity and the Clients Country of Residence.

Axitrader offer the following funding payment methods Credit cards, Debit cards, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Axitrader safe?

Axitrader are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA). 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.

Losses can exceed deposits

Is Axitrader trading good?

Axitrader is considered good and reputable to trade with Axitrader. Axitrader is used by over 10,000 active 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 14 years. Axitrader offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to Axitrader are held in segregated tier 1 bank accounts for security. Axitrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) so can be considered legit.

Is Axitrader a good broker?

Axitrader is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) so can be considered a good broker. Axitrader allows Forex trading, CFDs trading, and Social trading.

Is Axitrader trustworthy broker?

Axitrader can be considered trustworthy. All money funded to Axitrader is placed into a segregated tier 1 bank account. this means your money in not held by Axitrader directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Axitrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA).

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 but averages 2-5 days.

Is Axitrader regulated?

Axitrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA). 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 purchased by Axitrader even if no buyer is lined up.

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 (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA). 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.

Is Axitrader a con?

Axitrader is regulated and well established having been in business for over 14 years. Axitrader is definitely 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 withdrawal fees varies on payment method. Axitrader doesn't charge inactivity fees. Axitrader does charge deposit fees.

When was Axitrader founded?

Axitrader was founded in 2007.

How many people use Axitrader?

Axitrader is used by over 10,000 registered Axitrader users.

What is Axitrader Headquarters country?

Axitrader has its head quarters office in Australia.

Does Axitrader offer negative balance protection?

Axitrader does not offer negative balance protection. With Negative balance protection means 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 guarenteed 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 10000 Axitrader users and traders.

Is Axitrader an ECN broker?

Axitrader offers ECN trading.

Does Axitrader offer a demo account?

Axitrader offers a demo account.

Does Axitrader offer an Islamic account?

Axitrader offers a Islamic accounts.

What are the funding methods for Axitrader?

Please note that funding methods and funding 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, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer.

Axitrader review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Axitrader brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Axitrader review written by Mark Hansen of Comparebrokers.co