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I still have their webtrader, which is probably a fake, sometimes i use it for fun. Instead, they opened for me a useless webtrader which does not function correctly. I wanted my money back from them in written form by their withdrawal page, per mail and per whatsapp. Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

Which lead Axi to have a community of traders in around 100+ countries from all around the globe. For those who prefer video analysis, AxiTrader also has videos outlining market updates. These feature AxiTrader experts and include the most relevant information for traders. There is a Market News section on the AxiTrader website designed to keep clients up-to-date with the latest relevant news.

We can help you get your money back, this is the best legal current solution if your bank doesn’t want to help you. Note that the content on this site should not be considered investment advice. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site.

axitrader scam

Clients get market-leading spreads for indices, currencies, and commodities. At times of peak liquidity, it is possible for the spreads to drop to 0.0 pips. Regardless of liquidity at a given moment, AxiTrader ensures its spreads are highly competitive.

The Premium version of this platform has more powerful indicators and trade signals that are more frequently updated. It also has a more comprehensive forecasting and offers institutional-level quantitative models. To maintain those industry-leading spreads, AxiTrader works with a vast network of tier-one prime liquidity providers and brokers. This network also includes global financial institutions and banks.

Read the terms and conditions carefully and file a complaint if the broker suddenly slaps on fees that were not outlined ahead of time. One reason not to trust an unregulated broker is there is no reason not to have a license. Third and fourth-tier off-shore regulators have very lax standards and do not demand much capitalization from licensees. Simply put, even a mediocre broker can get a license from somewhere, so not having any license is a bad sign.

Axi until now didn’t pay my withdrawal (DO NOT USE THIS BROKER)

No fees AxiTrader charges for deposits and withdrawals done via bank transfer. A withdrawal request is processed fast with no withdrawal fees and funds are credited to the client’s bank accounts in 1-2 business days. As is expected from a broker, AxiTrader has an FAQ section labeled “Forex FAQs.” Despite the name, this FAQ section is not limited to just forex information.

They seem to offer a beginner friendly trading package with personalised customer service all with the security of a well-regulated international brand. Moreover, they have a host of other features which will satisfy the professional traders among you. In terms of the trading platforms and technology at AxiTrader, they make use of the MT4 software. Most traders will no doubt be aware of this platform and many will have used it at other brokers.

For security reasons, the account name must match where the AxiTrader deposit originates to where the withdrawal is being made. The leverage on known financial instruments multiplies on AxiTrader, just like every other brokerage. The initial capital of trading with AxiTrader can be leveraged to amplify the potential gains smartly. It is important to note that high leverage has an inverse effect as well, where it could work in reverse of the trade. Despite the MetaTrader 4 platform’s limitations, AxiTrader runs excellently for its traders by offering them the most cutting-edge trading tool – PsyQuation Premium. The prices for availing of this feature range from a monthly subscription of $10 to $35.

axitrader scam

This platform is available free of charge for clients who open a live account with a minimum deposit of 1,000$. One of the many bonus features that AxiTrader offers its active clients is Autochartist. This tool continuously scans markets and automatically recognizes setups for trades based on the resistance and support levels.

Individual users receive Negative Balance Protection, which guarantees they will not lose more than what they’ve invested with AxiTrader. To minimize confusion, customers have a single brokerage account with AxiTrader but can have many subsidiary profiles in the shape of trading software logins. AxiTrader offers free eBooksAxi’s customer support and service are good axitrader review and award-winning. It won an award for being number one for Customer Service in investment Trends year 2013 during Australia FX Report. Also, in the year 2017, it won ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report. AxiTrader Callback Request FormTrade more than 6,000 markets without commissions and professional platforms.

AxiTrader PsyQuation Premium

BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions. You can also useCopy Trading, another social trading feature. This allows you to identify successful traders and follow their trades, which are then translated into real trades in your own broker account. To access this feature, you have to download the Axi Copy Trading platform, then link your MT4 account to it.

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. The source of this information is the website and the broker’s trading platform listed in the Web section of this review. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

  • Answer a few simple questions and get a list of the most relevant brokers.
  • It will give you a list of helpful explanations and descriptions that can break some of the jargon that you will encounter when trading on any forex trading platform.
  • Yet further, it is also recommended to use the amount which a trader can afford to lose.
  • They can be as low as 1.1 pips for USDCHF, 1.2 pips for USDCAD, 6.0 pips for GOLD , and 0.01 pips for Oil .

The Next Generation of MT4, or what Axi calls ‘Axi MT4 NexGen’ is an advanced MT4 platform that embodies advanced management tools.It has enhanced ordering and sentiment trading. This platform is more developed, with more features to enjoy for professional traders. With this platform, you can gain insights into live market trends by viewing how others are trading using its sentiment indicator. AxiTrader understands that forex and other trading CFDs are very complex financial assets. AxiTrader trading platform provides its customers with a wide range of options like more than 80 currency pairs, and over 140 cross pairs.

Should you buy your silver bullets on Axi?

| Capitaltrader Review | Don’t send any more money to Capitaltrader before reading this Capitaltrader Review. In order to start trading with AxiTrader, you have to deposit at least 0 USD. Please visit this page to find an up-to-date information about the deposit methods, accepted currencies, deposit and withdrawal times, etc. AXTRADER is an unregulated Investment Company to avoid at all cost.

You can set alerts and notifications to be received via mobile,but only on the desktop trading platform. It would be much easier if you could set these notifications on the mobile trading platform itself. Axi has a great mobile trading platform, we really liked its design and user-friendliness. After you download the MT4 mobile trading platform, you have to access the Axi-Live server.

AxiTrader Offers Tight Spreads

And the other comprises an Electronic Communication Network based MetaTrader 4 Professional account, which connects traders to a global financial market of liquidity providers. Further, the trading platform also offers several trading packages like MetaTrader 4 NextGen add-on for users who make a min deposit of $1000. Users need to open an account with AxiTrader which offers fast execution. Attentive and helpful customer service is also a sign of a trustworthy broker. Look at the spreads and commissions and check them against those of other regulated brokers.

Inactivity fees are normal, but if they are close to $100 for just a month or six weeks without trading, that is often suspect. The second crucial category for inspecting a broker are fees, commissions, and spreads. ” and that can guide you towards figuring out whether a broker is legitimate or a scam. Most consumers will read a review before making purchases on eCommerce platforms.

The information and videos are not an investment recommendation and serve to clarify the market mechanisms. Axitrader is not a fraud but has been recognized repeatedly for its dependability, offering low-risk Forex trading. AxiTrader is authorized and supervised by the 2 key regulatory bodies, the Financial Conduct Authority and the ASIC. Continuation patterns are price patterns that show an existing trend with a temporary interruption. This type of pattern helps traders determine the decision to take on your next move, whether you are selling or buying an asset for better trading results. We advise you to avoid this broker if you don’t want to have a problem.

Three unique features make AxiTrader a success at the trading game. The broker is known to harvest the best out of the Autochartist MT4 plugin, its VPS hosting, and the PsyQuation Premium service. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Once you’re on the Customer Portal, select Withdraw Earnings (on the left-hand corner), select the appropriate withdrawal mode for your account, and then follow the instructions.