Established in 2007 in Australia, Axi, formerly AxiTrader, has emerged as a prominent player in the online trading sector. This broker caters to traders by offering a wide array of services across various markets, including forex, cryptocurrencies, stocks, indices, metals, energies, bonds, and ETFs. With features such as tight spreads, low commissions, and rapid execution with minimal slippage, Axi ensures a reliable trading experience. Their customer support operates globally around the clock in multiple languages, further enhancing their appeal. It’s no surprise they were recognized as the Most Trusted Forex Broker in 2018.
When it comes to market offerings, Axi provides over 130 trading instruments spanning popular asset classes like forex, CFDs, stocks, indices, commodities, ETFs, and bonds. However, availability may vary based on your location.
Axi presents several trading platforms to its clients. Let’s take a closer look at each one:
Axi MetaTrader 4 Platform (MT4): This platform is the most popular version of MT4, utilized by millions of traders worldwide to engage with financial markets. Axi offers a full range of trading instruments through the high-performance MT4 interface, which features a user-friendly design and a variety of tools such as technical indicators, automated trading, one-click trading, along with flexible charts. Axi has invested in co-located servers and fiber optics to provide faster trading capabilities. Additionally, there’s a web version of MT4 that can be accessed via popular browsers and devices. Traders can also connect their mobile devices through the MT4 mobile platform, allowing them to view real-time pricing, manage trades, check account history, monitor positions, customize charts, set alerts, and more, all while on the move. The MT4 mobile app is available for free on both Android and iOS app stores.
Trading Tools: Axi also offers specialized trading tools including the Sentiment Indicator, Correlation Trader, Autochartist, Alarm Manager, Economic Calendar, Automated Trade Journal, Session Map, Mini Manager, VPS Hosting, Performance Statistics, Volatility Analysis, MT4 Trade Signals, and Multi-Account Manager.
Copy Trading: This feature allows you to copy or replicate the trades of successful traders globally. Simply download the Axi Imitate Trading software, link it to your MT4 trading account, and choose the traders you want to emulate for a more social trading experience. The Axi Copy Trading app, developed in partnership with Pelican Exchange Ltd, enables you to discover new trading opportunities and enhance your trading skills. Benefits include the ease of finding and copying traders with proven success, choosing traders based on your priorities like profitability and risk level, real-time trade replication, and learning from top traders’ performances.
Axi Myfxbook AutoTrade: This unique program fosters collaboration and idea exchange among traders by linking them to their trading accounts. Users can follow others or allow others to follow them through Myfxbook. The Myfxbook Autotrade program, accessible via the MT4 platform, includes features that let you follow traders with established track records, help others, diversify trading strategies, and automatically import your trading history for performance analysis.
VPS Hosting: By subscribing to an MT4 Forex VPS hosting service, traders can achieve reliable 24/7 access and ensure their positions remain uninterrupted.
Signal Providers: You can automate your trading experience by copying established strategies and portfolios from hundreds of traders around the globe directly into your MT4 platform.
Education: Axi provides a comprehensive education center filled with free resources for traders of all levels, including eBooks, webinars, video tutorials, and a glossary of trading terms that cover various topics from basic to advanced trading strategies. They also offer free trading courses for beginners.
Economic Calendar: Stay informed about significant upcoming events that might impact your trading market with the economic calendar, organized chronologically and filterable by day, week, or month.
Autochartist: This tool performs automatic chart analysis to save you time. It identifies patterns on your chosen instruments, rates their quality, and can alert you when they are detected, even predicting potential stop loss or take profit levels.
Axi Blog: The Axi Blog features market research, educational content, and company updates, continuously refreshed with technical and fundamental analysis to inspire trading ideas.
Axi Academy: Axi Academy is the ideal place for online trading education, offering free, comprehensive courses designed by traders for traders to equip you with the skills needed for market success.
Forex eBooks and Seminars: You can download various free eBooks on Forex fundamentals and strategies from Axi’s website. Additionally, Axi hosts weekly free webinars covering an array of topics from market analysis to trading psychology.
MT4 Video Tutorials: New users can learn to navigate the popular MT4 platform through Axi’s beginner-friendly video tutorials.
Conclusion: Axi is a regulated forex and CFD broker that boasts a wide selection of tradable instruments, advanced trading tools, competitive spreads, and quick execution through the MT4 platform.
Scores: Markets: 8.0/10, Platforms: 8.0/10, Tools: 8.0/10, Education: 8.0/10
Pros: User-friendly platforms and apps, powerful trading tools, multi-account management, educational resources, free demo accounts.
Cons: Cannot accept USA traders, limited non-fx instruments.
As a self-proclaimed Forex enthusiast, I dedicate my days to researching and testing everything related to forex. With years of experience in the industry, having reviewed countless forex robots, brokers, strategies, and courses, I share my insights to help you navigate the exciting world of forex trading! For more information, visit https://findnomore.net.