Axitrader Review 2020

Axitrader Rated 4/5

Axitrader Guide

Axitrader are an online broker founded in 2007 offering Forex trading, CFDs trading, and Social Trading trading.

Axitrader are a global broker and 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.

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

  • Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)
  • Headquarters Country : Australia
  • Foundation year 2007
  • Min Deposit : No minimum deposit.
  • Used by over 10,000 traders
  • Axitrader is not available in the following countries : US, JP
Open Axitrader's Website

Losses can exceed deposits

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

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 Review Table of Contents

Axitrader 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 13 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 Investment 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.

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.

Broker Axitrader eToro XTB IC Markets
Year Established 2007 2006 2002 2007
Head Office Australia Cyprus, UK Poland Australia
Regulation Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) Financial Conduct Authority (FCA), 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 Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ 12,000,000+ 250,000+ 60,000+
Negative balance protection No No Yes Yes
Guaranteed Stop Loss No No Yes No
Learn More Visit Axitrader Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk Losses can exceed deposits

Axitrader Pros and Cons

What we like about Axitrader

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

What we don't like about Axitrader

Axitrader Financial Regulation and Supervision 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 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.

Axitrader is 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.

Axitrader Awards

Axitrader have won numerious industry awards over the 13 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 General Fees

  • Axitrader withdrawal fees varies on payment method
  • Axitrader doesn't charge inactivity fees
  • Axitrader does charge deposit fees
Broker Axitrader eToro XTB IC Markets
Min Deposit 0 200 0 200
Withdrawl Fees Varies Yes varies No
Inactivity Fees No Yes No No
Deposit Fees Varies No No Varies
CFD Commission Fees Yes No Yes Yes

Axitrader Commissions

  • Axitrader does charge commission on CFD instruments.

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 100 currency pairs.

Compare Axitrader with eToro and XTB below.

Losses can exceed deposits

Broker Axitrader eToro XTB IC Markets
Instruments Available 100 100 1,500 232
Platforms MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies Visit Axitrader Visit eToro Visit XTB Visit IC Markets
Forex pairs offered 100 50 50 65
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit Axitrader Visit eToro Visit XTB Visit IC Markets
Commodities Offered 20 0 21 19
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs Visit Axitrader Visit eToro Visit XTB Visit IC Markets
Stocks Offered 1000 957 1696 100
UK Shares Yes Yes Yes No
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes

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
  • 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

Axitrader withdrawl and funding methods.

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

  • Credit cards
  • Bank Transfer
  • Payoneer
  • Neteller
  • UnionPay
Broker Axitrader eToro XTB IC Markets
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 Yes
Neteller Yes Yes Yes Yes

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 instruments.

Axitrader Leverage and Axitrader CFDs Explained

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

Axitrader offer CFD 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 trading.

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.

Axitrader offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing 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

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 XTB IC Markets
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, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit Axitrader Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk Losses can exceed deposits

What you will need to open an account with Axitrader

As Axitrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment 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:

  • 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.

Watch this Axitrader Informational Video

Is Axitrader A Good Broker?

We spent over 3 months examining Axitrader in depth. Although Axitrader are not perfect we found many really useful aspects with the overall offering from Axitrader. Our personal experience of trading with Axitrader was very good. Weighing up many points Axitrader is a good broker.

  • Axitrader have a good track record of offering Forex, CFDs, Social Trading.
  • Axitrader has a history of over 13 years.
  • Axitrader has a reasonable sized customer support of at least 10.
  • Axitrader are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment 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 Disclaimer

Losses can exceed deposits

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

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 Investment 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.

Is Axitrader trading good?

Axitrader is considered good and reputable to trade with. AxitraderAxitrader is used by over Axitrader active traders. Axitrader offers Forex trading, CFDs trading, and Social Trading trading. Minimum deposit with Axitrader is mindeposit.

Is Axitrader trading Legit?

Axitrader was founded in Australia in 2007. Axitrader has been facilitating trade on the financial markets for over 13 years. Axitrader offers clients Forex trading, CFDs trading, and Social Trading 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 Investment 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 Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) so can be considered a good broker.Axitrader allows Forex trading, CFDs trading, and Social Trading 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 Investment 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 Investment Commission (ASIC), Dubai Financial Services Authority (DFSA).

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 Investment 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 13 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 10000 registered traders.

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 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?

Axitrader accept the following funding methods : Credit cards, Payoneer, Neteller, UnionPay, Bank Transfer.

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