AxiTrader Forex Broker Review
Let’s start with AxiTrader forex broker review and see how Axitrader compares with other forex brokers online.
Who Is Behind AxiTrader
AxiTrader was founded by only two traders in 2007. Since then company developed to serve now over 40,000 clients in over 100 countries.
AxiTrader UK is a trading name of AxiCorp Limited which is registered in England and Wales under registered number 06378544. AxiCorp is authorised and regulated by the Financial Conduct Authority
Why Should You Trade With AxiTrader
|Licensed broker||AxiCorp is regulated by the Financial Conduct Authority (FCA) with Firm Reference Number 509746.|
|Trusted broker||Over 40,000 traders use AxiTrader for their trading online.|
|Low fees||Their buy and sell spreads are one of the lowest in forex industry.|
AxiTrader Deposit & Withdrawal Payment Methods
Axitrader lets you deposit with various payment methods such as debit and credit cards, ewallets like Skrill and Neteller as well as bank transfer.
Depending on your country you may get additional deposit options such as BPAY for Australian clients.
Regarding fees, no worry because Axitrader don’t charge any deposit fees.
Extra Benefits To Trade With AxiTrader
Axitrader broker gives you few extra benefits such as using their VPS services for FREE.
Free VPS service for a faster trade execution does come with certain trade volume and account status, so do check about this freebie directly with them while using their live chat.
Opening a trading account with Axitrader is simple and easy.
You just click Open Account button, fill out your personal info and send documents to verify your identity.
After their legal department verifies your identity, they will activate your live trading account so you can deposit and start trading.
Trading Platforms Offered
AxiTrader offers most popular trading platform MetaTrader 4 in versions for pc, web and mobiles.
It also offers their proprietary platforms AxiOne and PsyQuation.
AxiTrader Financial Regulation
If you are asking yourself if Axitrader is regulated and are your funds safe with them, then fast answer is YES.
Broker Axitrader is regulated by top financial regulators such as FCA (UK), ASIC (Australia) and DFSA (UAE).
AxiTrader Platform Education
You can find lots of education to help you learn how to use AxiTrader trading platform.
You can use their demo account at start to test how to open and close a trade.
On top of that they also provide lots of courses on trading with the use of their platforms and trade signals.
You can even install Myfxbook AutoTrade plugin inside their MetaTrader4 platform to mirror trades from other traders.
But they don’t provide trade ideas.
For trade ideas you can open a free account at TradingView.
One of the best education that AxiTrader provides for their clients is LSE Accredited Online Trading Program.
This program gives you access to leading online trading courses provided by the London Stock Exchange accredited Knightsbridge Trading Academy. Valued up to $2,750 – but free for eligible AxiTrader clients.
Since this is a commercial program, Axitrader will let you get if for free but only if you deposit certain amount to your live trading account.
Starting program you can get for free by depositing only $260 to your Axitrader live account.
This is a great deal since most traders start trading by depositing at least $1,000 to their trading account.
How Much To Deposit
This is up to you. AxiTrader lets you open a live account with no money deposit.
This way you can already get the feel for their platforms.
Once you ready to trade live, you simply deposit what ever amount you wish.
Certain benefits they will give you for free if deposit certain amount of money to your live account.
Benefits that Axitrader gives you for FREE based on size of your deposit and status of your account:
- VPS FREE services for faster trade execution (normally $40 per month),
- FREE access to online trading courses run by Knightsbridge Trading Academy (valued up to $2,750),
- Access to PsyQuation Premium for FREE (valued at $97.50 per month).
What is PsyQuation Premium?
PsyQuation is one of the most sophisticated software platforms available to retail traders. Built with Artificial Intelligence and Machine Learning it continuously analyses your trading style and performance, comparing it with the latest data to provide intraday charting and near real time performance impact analysis.
Final Thoughts On Broker AxiTrader Review
Key for you or any trader should be broker’s regulation and safety of your money.
With AxiTrader being regulated by top financial regulators like FCA and ASIC, you know that your funds are protected.
Of course do your own due diligence – which applies for any other area of your life.
You can also read our Forex Brokers Reviews category to read the evaluation of all the forex brokers tested.
With this we complete AxiTrader forex broker analysis.