Axi is the next reputable forex broker from Australia to be introduced. A long-standing forex broker, having a license from the world’s leading financial regulators will be the criteria throughout our reviews.
Brief introduction of forex broker Axi
AxiTrader is a forex broker 100% owned by AxiCorp Financial Services, a company founded in 2007 in Sydney, Australia. The predecessor was Forex Plus Australia Pty Ltd which was acquired by Goran Drapac and renamed AxisForex. After more than 14 years, Axi has developed and provided complete infrastructure for Forex, CFD and social trading investors. Axi is currently a global broker, with headquarters in Australia with offices in London, Shanghai, Chisinau, Dubai, Riyadh and Jeddah.
Types of licenses of forex broker Axi
Axi exchange’s awards and sponsorship programs
Axi is an award-winning broker globally for its outstanding trading service. Includes awards for reliability, credibility, customer service and customer satisfaction.
Guarantee policy for customers of AXI
With the goal of protecting your account, making you feel more secure when trading, AxiTrader has implemented comprehensive customer funds insurance (CMI) on behalf of its clients (CMI) up to US$1,000,000. This coverage is completely free of charge and automatically applies to all personal accounts with balances greater than $20,000. This has made AXI a member of a global network of financial service providers responsible for providing additional layers of security. AXI is proud to be a responsible broker with a globally trusted reputation. In a nutshell: AXI has enhanced your account protection so you can fully focus on trading
Trading products of AXI exchange
AXI is a Forex broker with popular trading products. Most of the products available in the investment field, AXI provides:
Currencies, metals, gold, silver, etc.
Forex: more than 60 currency pairs
Energy (Brent crude oil and WRTI oil)
Agricultural products: coffee, soybeans, coca
Indices: more than 17 popular indices in major markets in the world such as: US30, UK100, US500
Cryptocurrencies: 6 products including: BCH, BTC, Dash, ETH, LTC and XRP with maximum leverage of 1:5
AXI exchange trading account
AXI offers two main account types, standard (Standard) and professional (Pro). Both of these accounts are similar in terms of features.
Standard account
Standard account (Standard) does not charge commission on trading, only spreads fee. Therefore, the Spread will charge a higher fee than other account types, but the Spread will remain at a stable level without being requoted. This is considered the most popular account type on the Forex trading platform
Standard account information (Standard):
First deposit: at least 200$
Leverage: 1:500
Commission Fee: no
Spread: from 1 pip
Stop Out Level: 50%
Spread type: floating
Minimum volume: 0.01
Pro Account (Pro)
The Professional (Pro) account costs a small fee per trade in exchange for low spreads. This is the best account type, highly rated by many customers. This account has many great advantages for investors, because it has extremely fast order matching speed and almost no delay.
Professional account information
Minimum deposit: 200 USD
Lever up to 1:2000
Difference from: 0.0 Pip
No transaction commissions
AXI Forex trading platform
AXI uses the industry standard software MT4, in addition AXI offers two other platforms, AxiOne and PsyQuation. However, the most basic and used software is still MT4.
The MT4 trading platform provides you with simple order placement tools for beginners and full of advanced tools for the professional trader. The MT4 platform helps you to unlock new trading opportunities, is ideal for automated and copy trading, ensuring uninterrupted trading and execution
PsyQuation is one of the most complex software for retail traders. Built with artificial intelligence and machine learning to predict trader performance by learning their skill, risk, behavior and history.
The AxiOne platform is a platform developed exclusively by AxiTrader, is a software for professional clients and funds, so it is not suitable for retail traders. So in the interface for the login client there is no display of this platform.
AXI floor trading copy function
AXI implements copy trading functionality through the advanced platform Myfxbook Autotrade, which allows you to copy trades directly to your MT4 account, and you still have full control over your trades, which is one of the platforms. The most advanced help Traders copy trades in the market.
Promotion of AXI exchange
The AXI Select program is an organized program to identify the most promising traders, train them and turn them into experts.
AXI Select focuses on identifying your talent and advancing your trading career systematically. Prove your potential to be a top trader, AXI will develop a plan to help your potential grow. AXI will even provide the necessary tools, and even AXI is committed to supporting you with AXI’s own funds to help you develop your trading career and achieve your goals.
Policy, deposit/withdrawal fee of AXI exchange
In order to give you more money to trade, AXI does not charge fees for depositing and withdrawing funds from your trading account
Regarding the deposit, you need to pay attention, AXI has very strict deposit rules, forcing customers to strictly follow. To reduce the time it takes for funds to reach your trading account, please submit all deposit requests from the secure client portal AXI. One more note is that not all payment options are available in all countries so you need to log in to the secure client portal to see the payment options you can use. At AXI, you will experience quick and easy depositing into your account because there are many convenient deposit methods for you to choose from.
Withdrawal is also extremely simple for you to easily withdraw your own money quickly, AXI’s transparent service allows you to withdraw at any time through the online customer portal. Plus, depending on the deposit method you choose, your funds can be cleared instantly. But especially note in the event that there is sufficient evidence that the deposits are made for non-trading purposes, AXI reserves the right to charge a deposit fee at the time of withdrawal.
From the above examples, it will help you evaluate how reputable AXI is and why it has received so much trust from traders around the world.