Axi Review 2024 (Expert Review)

Axi Review Summary

Axi is one of the top forex brokers, with a range of different trading features. AXI offers over 50 different currency pairs, as well as indices, soft commodities, precious metals, and cryptocurrencies. The brokerage's proprietary MetaTrader-4 platform is highly intuitive, and it allows you to trade both manually and automatically. AXI also offers a unique trading tool which is like an electronic coach, and it builds a profile that can be tailored to your own trading style. Despite this unique trading feature, AXI still provides tight spreads and good order execution, while keeping your funds safe. AXI has a multilingual, multinational workforce that's ready to help you with any question. They're available 24 hours a day. If you have a problem, you can contact Axi via phone, email, and web message. The broker also assigns a specific account manager to your account.

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Axi Platform Features

Axi main features and highlights
๐Ÿ—บ๏ธ Country of regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Service Authority of St. Vincent and the Grenadines (FSA)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 0
๐Ÿ•– Time to open a Axi account 1-3. *A Axi demo account can be opened in a few minutes, but live Axi trading account creation times will vary depending on how long it takes to process your Axi KYC documents.
๐Ÿ’ณ Wire Transfer Yes
๐Ÿ‘› Depositing with electronic wallet Yes
๐Ÿ’ฑ Number of base currencies supported 11
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Minors, Cryptocurrencies, Majors, Exotics,

Axi review
Axi Financial Regulation

Axi is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Service Authority of St. Vincent and the Grenadines (FSA).

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Axi Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Axi include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Axi can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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Axi Advantages

One of the main advantages of using Axi is around the clock service and support as well as research offerings. Not only this, but Axi has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Axi with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Axi makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Axi offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • Axi has been in business over 10 years.
  • Axi offers Stock Trading.
  • Axi offers Cryptocurrency Trading (Availability subject to regulation).
  • Axi offers Neteller as a payment method.
  • Axioffers Islamic Accounts.
  • Axi offers ECN trading.
  • Axi offers Bitcoin Trading.
  • Axi offers a Apple Mac desktop trading platform.
  • Axi offers Hedging.
  • Axi offers Scalping.
  • Axi does not have inactivity fees.

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Axi Disadvantages

Although Axi has a lot of good points Axi does not offer the below.

Axi Review Risk Warning: Losses can exceed deposits.

Axi Review

Axi review
Things to understand when trading with Axi

Online trading on trading platforms like Axi have seen huge growth in the last 3 years. Trading with Axi requires that you take the time to learn how financial markets work and are able to trade with Axi using in depth technical analysis and Axi risk management trading tools. Trading with Axi involves risk. You should only risk capital with Axi that you can afford to lose. Understand your risk tolerance with Axi, and have a trading strategy that Axi is able to help you execute. Axi is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Axi give you access too.

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Axi Trading Fees

Trading fees on Axi are taken in the form of the spreads Axi offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Axi. Axi fees vary depending on the financial instruments traded and can include, Axi overnight funding fees, spreads, margins and Axi inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Axi account charged by your 3rd party payment provider if your Axi base currency is different from your Axi withdrawal method.

NameAxiIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesNoNoYes
Deposit FeesNoNo
Inactivity FeeNoNoNo
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Losses can exceed deposits
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Losses can exceed deposits
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Losses can exceed deposits

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Axi Financial Instrument Fees

Axi fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, are listed below.

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Axi Stock Trading Fees

The majority of Axi trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Axi stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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Axi Forex Fees

Commission on Axi Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Axi Forex fees is based on their trade size. To calculate Axi Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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Axi Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Axi cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Axi cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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Axi Non Trading Fees

Axi non-trading fees include a variety of Axi brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Axi trading platform. The most common non-trading fees include Axi withdrawal fees, Axi deposit fees and Axi inactivity fees.

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Axi Deposit Fees

Axi does charge deposit fees in some cases. When funding your Axi account there may be some Axi deposit fees which will vary depending on the payment method you use to deposit to your live Axi trading account.

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Axi Inactivity Fees

Axi does not charge traders inactivity fees. Axi does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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Axi Withdrawal Fees

Axi does not charge withdrawal fees. Withdrawals fees vary between Axi and Axi alternatives depending on where you are located and how much money you are withdrawing.

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Axi Account Fees

Axi does not charge account fees. Account fees charged differ between Axi and other brokers. An account is a fee that Axi and other brokers assesses on all accounts for the ability to keep an account on their platform.

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Axi Account Opening

The Axi account registration process is simple, user-friendly, and quick. Within 1-3 most Axi trading accounts are ready for live trades. Our Axi account was validated in 1 day, but live Axi trading account verification times will vary depending on the time it takes to process your KYC documents and Axi trading account application. A Axi demo account can be opened in a few minutes.

Axi trading accounts are available in over 193 countries. Axi is restricted in the following countries.

Apart from the restricted countries a Axi trading account can be opened globally.

The Axi trading platform is available for residents in US. Some financial instruments Axi offer may be restricted in your country.

  • Fast Axi account opening.
  • Axi accounts can be opened and KYC can be verified digitally.
  • Axi minimum deposit is 0 USD / GBP / EURO.
  • Axi trading account verification may be held up for longer than a day if there is an issue with verifying your account.

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Axi Deposit And Withdrawal

Axi Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD are supported by Axi as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Axi offers the following account USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD.

When trading make sure your Axi trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Axi has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameAxiIC MarketsRoboforex
Number Of Currencies11104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
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Axi Deposit Fees and Deposit Methods

Investors can log in to their Axi trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Axi trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Axi Deposit Fees

Making a deposit on your Axi account is free.

Axi Deposit Methods

There are several methods through which you can deposit money into your Axi account. One can use a credit or debit card and Axi accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Axi account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Axi account. Funding methods for Axi include Credit cards, Debit cards, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer,.

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Axi Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Axi brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Axi positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Axi account.

NameAxiIC MarketsRoboforex
Funding MethodsCredit cards, Debit cards, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal FeeNoNoYes
Deposit FeeVariesVariesNo
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Losses can exceed deposits
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Losses can exceed deposits
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Losses can exceed deposits

Axi Fees When Withdrawing Your Account Balance

Axi do not charge withdrawal fees. Some withdrawal fees are out of the control of Axi and may be due to 3rd party payment providers and your account base currency.

Axi Withdrawal Methods

Log into your Axi trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Axi account to your bank account. To withdraw money from your Axi account you can use credit or debit cards. Axi processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Axi processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

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Axi Trading Platforms

As there are a number of tradable financial instruments available on the Axi trading platform. Before investing in the Axi platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Axi platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Axi offer phone, and email support.

If you struggle with technology, you need to consider the level of support on Axi is available. Another thing to consider is your financial goals. Make sure that a Axi account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Axi account. Ensure that Axi allows you to focus on the type of trading that you want to focus on.

Make sure Axi is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Axi, think about how easy it is to use for your personal needs. Does the Axi platform offer real-time updates or delayed updates that are more informed? Remember to check if Axi is well regulated, and what tradeable financial instruments Axi has. Security is very important when it comes to trading with Axi.

Axi Web Trading Platform

A Axi web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Axi which acts as a financial intermediary. Axi is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Axi mobile trading platform.

Axi Apple IOS Trading Platform

A Axi iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Axi Google Play Android Trading Platform

A Axi Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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Axi Mobile Trading User Experience

Axi mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Axi mobile trading refers to trading using a mobile phone.

Leading brokerages like Axi offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Axi portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Axi. Once you have download the Axi trading app, you are ready to begin.

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Axi Desktop Computer Trading Platform

A Axi computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Axi desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Axi desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Axi MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

Axi PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Axi. A trading computer with access to a Axi PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Axi Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Axi trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Axi trading platform is very user friendly on a Mac device.

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Axi Trading Look And Feel

The Axi user interface (UI) is what Axi traders will see and interact with first when trading with the Axi trading platform. The Axi is well designed. The goal of the Axi trading UI is to make the Axi user's experience intuitive. The Axi application has good user experience and a good level of customer satisfaction.

Axi Security

Axi is a secure trading platform. Axi offers traders security via 2 factor authentication, SSL encription when trading with Axi. Axi trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Axi. Rate limitation on Axi suspicious account activities is another layer of protection that is provided for Axi trading accounts, for example multiple failed login attempts with Axi. You have the option to further safeguard your account by using Axi Two-Factor Authentication (2FA), which provides an extra layer of security.

The Axi trading infrastructure is constantly watched and guarded by a trained team at Axi In addition, Axi never send sensitive information without first encrypting on the Axi trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On Axi

Available Axi order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Axi Market Order

A Axi market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Axi market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Axi market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Axi Limit Order

A Axi limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Axi Stop Order

A Axi stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Axi Stop Limit Order

A Axi stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Axi stop-limit order triggers a limit order when a stock price hits the stop level. A Axi stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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Axi Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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Axi Trading Platform Features

Online trading platforms like Axi are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Axi. The Axi trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Axi.

Axi Margin Trading

Axi margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Axi margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

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Axi Account Types

Axi Demo Account

Axi offers demo accounts that gives traders the ability to purchase and sell Axi financial instruments in a practice environment, using fake Axi digital money and live market conditions and data. When you practise on a Axi demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Axi platform. Axi demo accounts allow you to experience and practice a variety of market charts, Axi trading indicators, and trading strategies using Axi.

Axi Standard Account

Axi offers a standard trading account, allowing Axi traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Axi trading platform.

Axi STP Account

Axi STP (Straight Through Processing) account is a Axi trading feature that involves sending Axi client orders directly to the market without passing them through a dealing desk. A Axi STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

Axi ECN Account

A Axi ECN (Electronic Communications Network) account is a pure order-matching execution system, where Axi, as a provider, charges a commission per Axi trade instead of inflating the spread, occurring more naturally within the Axi order-matching process. A Axi ECN is a financial intermediary that uses electronic communications networks to give Axi clients direct access to other participants in equity and currency markets. As an ECN broker, Axi only matches Axi trades between other market participants; it cannot trade against the Axi client.

Axi DMA Accounts

Axi Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the Axi financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, Axi might use direct market access to place trades themselves. Axi DMA accounts make individual contracts with each liquidity provider.

Axi Islamic Accounts

Axi islamic accounts respect Islamic finance law. Axi swap free accounts do not accumilate interest and Axi transactions are actioned immediately. A Axi Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using Axi following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with Axi Islamic accounts do not pay or receive interest rates.

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Axi Tradable Financial Instruments

Axi tradable financial instruments are the financial instruments that are specifically available to trade on the Axi trading platform. This refers to the different types of financial markets you can trade with through Axi. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Axi.

NameAxiIC MarketsRoboforex
CFD TradingYesYesYes
Stock Markets1000210053
ETFsNoNo
Fractional SharesNoYes
CryptocurrenciesYesYesNo
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Axi Trading Stocks

Stock trading with Axi is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Axi; if you possess the stock on Axi, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Axi involves purchasing and selling stocks and share using Axi periodically in order to time trades against the stock markets, with the aim of using Axi to profit from your stock trading. Axi stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Axi. Stock traders on Axi conduct significant study, frequently dedicating several hours every day to market monitoring using Axi trading tools.

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Axi Trading ETFs

What Are ETFs

Axi does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Axi does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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Axi Trading Cryptocurrencies

Axi offers cryptocurrency trading.

Cryptocurrency trading can be conducted using Axi to buy and sell the cryptocurrency financial instruments on Axi. Cryptocurrency trading can also be done using a cryptocurency CFD Axi trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using Axi. A CFD is a high risk leveraged trade between the trader and the Axi brokerage. No underlying assets are exchanged with a Axi CFD contract, it is purely speculation on the crypto financial instruments price movements with Axi. Axi CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if Axi CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.

The volatility of cryptocurrencies is the biggest source of risk when trading them with Axi. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with Axi.

Cryptocurrency trading is not offered by Axi, so you will need to find a Axi alternative that allows you to buy and sell the underlying cryptocurrency assets. Axi CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Axi alternative and make sure you undertand the risks fully before trading.

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Axi Forex Trading

Forex trading with Axi is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Axi. The main aim of Axi Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Axi. As a Axi Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Axi. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Axi. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Axi.

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Axi Commodities Trading

Commodity trading is a type of trading available on Axi where individuals or businesses buy and sell financial instruments using Axi related to commodities, such as metals or oil.

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Axi Options Trading

Axi options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Axi option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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Axi Futures Trading

Futures trading with Axi is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Axi to facilitate the trade. A Axi futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Axi. Typically, futures contracts are traded on an exchange such as Axi; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Axi trader to the contract agrees to provide it.

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Axi Bonds Trading

Bonds trading on Axi is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Axi trader. Bonds can be bought and sold on Axi after they are issued. While some bonds are traded publicly through Axi, most trade over-the-counter between large broker-dealers like Axi acting on their clients' or their own behalf. Yield is therefore based on the Axi purchase price of the bond as well as the coupon.

Axi CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameAxiIC MarketsRoboforex
Forex CFD1006135
Index CFD142530
Stock CFD1001108400
ETF CFD3050
Commodity CFD162020
Crypto CFDYesYesNo
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Axi review
Axi Trading Research Tools

Taking advantage of Axi trading research tools which are designed to help traders analyse potential investments using the Axi trading platform. Some Axi research tools include charts, technical analysis, and Axi trading indicators.

Axi Trading News

Traders can follow the markets and make wise investment decisions on Axi by using the news to help form a strategy when it comes to choosing investments. A Axi news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Axi Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Axi economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Axi Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Axi fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Axi Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Axi are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Axi portfolios

Trading portfolios are useful when trading with Axi.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Axi trading portfolio is a traders collection of investments, which may include a variety of Axi financial instruments.

Axi review
Axi Payment Methods

A Axi payment method is required to fund your Axi trading account before placing a buy or sell order on a financial instrument.

When trading with Axi, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Axi do not have any control over.

NameAxiIC MarketsRoboforex
Payment MethodsUnionPayBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

Axi review
Axi Withdrawl Methods

When trading with Axi at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Axi account balance. Axi may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Axi account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Axi Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Axi account.

Withdrawal requests can take up to three business days to be processed by Axi.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Axi should arrive in less than 24 hours.

Axi review
Axi Customer Support

Customer support represents the resources within the Axi company that provides technical assistance to its customers after they use the Axi service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Axi offer email, phone, customer support.

Axi Email Support

Axi offers email support.

Email support is a a convenient method of Axi customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Axi regarding your support request.

Axi Livechat Support

Axi offers livechat support.

Axi live chat support is a way for customers to obtain help from Axi through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Axi Telephone Support

Axi offers telephone support.

Axi telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Axi call centre to give or take information.

Axi review
Axi Educational Resources

Axi educational resources are used throughout the Axi learning environment to help and assist with customer's development and learning of trading on Axi. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Axi trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

Axi Trading Platform Tutorials

Axi offer a range of learning resources and tutorials and guides made available to registered Axi users. The Axi guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Axi users on basic trading principles.

Axi Trading Videos

Axi offer a selection of online trading videos.

Trading videos on Axi help new and even more experienced investors gain insights into Axi technical analysis tools and how the different financial markets work when trading on Axi.

Axi trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Axi training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Axi to trade live financial markets.

Axi Webinars

Axi offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Axi clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Axi trading platform.

Axi review
Axi Financial Regulation When Trading

Financial regulations on Axi protect consumers' investments. Regulations prevent financial fraud and limit the risks that Axi as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Axi financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Axi Regulated?

Axi is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Service Authority of St. Vincent and the Grenadines (FSA).

Axi is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Axi are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Axi investors, directly with financial regulators in your country.

Axi Regulatory Protection Limits

When registering with Axi you must check with regulatory body your Axi trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Axi account is over seen by. Axi client funds are stored in segregated 3rd party bank account in accordance with Axi financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

Axi Trading Signals

Axi offers trading signals to Axi clients.

Axi trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A Axi trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the Axi trader to then decide whether or not to act on the signal.

Make sure you understand the risks of trading signals.

How does Axi make money?

Because Axi acts as an intermediary, Axi gets compensated on buy and sell transactions of financial instruments. As a result, Axi profit is determined by the volume and number of transactions. Axi earns revenue to fund their Axi platforms and wide range of trading services through market spreads.

Can you buy shares on Axi?

Axi provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. Axi offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and Axi on the speculative up or down price movement on an agreed stocks price movement.

Does Axi offer Cryptocurrency?

Axi does offer cryptocurrency trading. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents. Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets.

Axi Lower fees, lower costs?

Axi have reasonable trading fees and costs. Axi may charge a deposit fee. Axi may charge a withdrawal fee. Some withdrawal fees are out of the control of Axi and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Axi minimum deposit is 0 USD / GBP / EUR.

How to start your Axi account?

You can sign up for a live or demo Axi trading account by visiting Axi and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Axi account here.

How's the Axi trading app?

Axi allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the Axi trading app here. Losses can exceed deposits

Is the quality of Axi customer service satisfactory?

Axi have average customer support offering support through email, phone, support options.

Is this broker good for new traders?

Axi is a good trading platform for new traders as Axi offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Axi?

Axi offer a good selection of withdrawal options. Once Axi have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

Axi Review 2024 (Expert Review) guide updated 23/07/24