AXI BROKER REVIEW

Forex Broker: AXI

Headquarters/LicenseAustralia licensed by the ASIC (318232) | The United Kindom licensed by the FCA UK (509746)

Customer Support: 24/5 via EMAIL | PHONE | LIVE CHAT | CALLBACK

Minimum Account / Fund Methods: 10 USD via BANK WIRE | VISA | MASTERCARD | BPAY | SKRILL | NETELLER

Trading Leverage: 30:1

AXI Forex Pairs: 50 Forex pairs plus Precious Metals, Equity Indices, Commodities, and Crypto

AXI Trading Platforms: MetaTrader-4 (in several versions)

Trading Spreads: 0.0 pip on EURUSD (Pro Account)

Trading Commissions: $7.0 commissions per full traded lot (Pro Account)

PAMM/MAM Accounts: MAM

□ Social TradingMyfxbook AutoTrade

Islamic Accounts: YES

Free Forex VPS: YES

AXI PromotionsFree Autochartist

» AXI TRADING ACCOUNTS

INTRODUCTION TO AXI

AXI is an ECN Forex broker founded in 2007 (known in the past as AxiTrader). The broker is headquartered in Australia, licensed by the ASIC (318232), and in the United Kindom, licensed by the FCA UK (509746). You can access 150+ trading products via MetaTrader-4.

CUSTOMER SUPPORT: Phone, Email, Live Chat, Callback

ACCOUNT MANAGER: YES

WEBSITE LANGUAGES: English, Arabic, French, and 10 more languages. The customer support is multilingual too.

 

AXI TRADING PLATFORMS & FEATURES FOR AUTO-TRADE

AXI offers MT4AXI offers the classic MetaTrader-4 platform from MetaQuotes in several web and mobile versions:

  1. MT-4 Desktop and MT4 WebsTrader
  2. MT4 mobile traders for iPhone and Android

AXI Automated-Trading Overview

Through MetaTrader-4, AXI provides a wide selection of Forex pairs and several CFD products:

  • AI-powered PsyQuation
  • Very tight spreads and low trading commissions
  • Fully allows algorithmic trading and scalping
  • Free VPS for using Expert Advisors
  • Offering FIX/API
  • Free Autochartist for pattern recognition
  • Offering MAM accounts
  • Myfxbook AutoTrade and ZuluTrade for social trading

AXI PsyQuation Coaching (Free)

PsyQuation works like a private trading coach. It analyses each trader's history and helps the profitability of every portfolio by recognizing potential mistakes.

  • Data-driven identification of strengths & weaknesses
  • Minimizes mistakes by harnessing the power of performance analytics
  • Compare your PS score with top traders
  • Continuously analyze your trading style and performance
  • Build your score by measuring Skill, Risk, Behaviour, and History
  • Track your progress and predict your future performance using Artificial Intelligence
  • Tailored risk alerts (via an app, email, or SMS)
  • Free for all AXI clients (Live and Demo accounts)

» AXI AUTOMATED-FOREX TRADING 

AXI FINANCIAL INSTRUMENTS

AXI offer a very wide asset index containing 50+ Forex pairs plus many financial instruments via CFDs.

  • 50+ Forex Currency Pairs
  • Gold and Silver
  • Energies
  • 10+ Equity Indices
  • Soft Commodities
  • Cryptocurrencies

 

AXI ACCOUNTS

Trading Leverage basically 30:1, and depending on the country of origin, up to 400:1

Minimum Deposit: 10 USD for Standard Accounts | 1,000 USD for PRO Accounts

Account Currencies: AXI accounts may be opened in Euro, US dollar, Pound Sterling, and 7 more currencies

Funding Methods: BANK WIRE | VISA | MASTERCARD | BPAY | SKRILL | NETELLER

AXI Accounts

Standard Account

Pro Account

Min. Deposit

$10

$1,000

Trading Platforms

MT4

Number of Forex Pairs

50+ Forex Currency Pairs

Typical Trading Spreads (EURUSD)

1.1 pip

0.0-0.1 pip

Trading Commissions

NO

$7.0 per full-traded lot

Automated Forex Trading

YES FULLY

Forex Scalping / Hedging

YES FULLY

Open Account

» AXI TRADING ACCOUNTS

 

AXI MAM ACCOUNTS

AXI MAM Accounts allow trade sizes from 0.01 lot and offer 6 different allocation methods:

- Percentage Allocation

Lot Allocation

- Equity Proportional  Allocation

Equity Percentage Allocation

- Balance Proportional  Allocation

- Equal Risk Allocation

Trading Orders: Market Orders, Stop & Limit Orders, Trailing Stop Orders, and Close All Orders

 

 

AXI REVIEW KEY POINTS

AXI is an ECN Forex broker based in Australia and the United Kingdom. The broker is fully licensed by ASIC and the FCA UK and offers full client bank account segregation. Their customers' support is 24/5 and very responsive via Live Chat, Phone, and email. They offer multilingual support and over 10 languages via their website

One of the great advantages when trading with AXI is competitive trading terms. The spreads when opening a Pro Account start as low as 0.0-0.1 pip on EURUSD plus $7.0 per full-round lot commissions. The standard account offers spreads as low as 1.1 pip on EURUSD without trading commissions. The minimum deposit to open a standard account is just $10, however, you need $1,000 to open a Pro account. The funding methods include Visa, Mastercard, Bank Wire, and internet wallets (Neteller, Skrill, BPAY). You can open an account in EUR, USD, GBP, JPY, and 6 more different currencies.

The asset index contains more than 50 Forex pairs, plus energy assets, stock indices, soft (agricultural) commodities, precious metals, and cryptocurrencies. The broker only provides the MetaTrader-4 platform in desktop and mobile versions. Automated trading, scalping, and EAs are all fully allowed and AXI offer also a free VPS and a FIX/API. There are also MAM accounts and social trading via the Myfxbook AutoTrade. There is also a very innovative trading tool called PsyQuation, which works like an electronic coach making suggestions and building each trader's profile and score.

Overall, AXI is a nice place for automated trading offering very tight spreads, good order execution, and safety of trading funds.

There are two options for news accounts:

(a) FCA UK: that protects against negative balance, FSCA guaranteed, and trade leverage up to 30:1

(b) SVG: WITHOUT protection against negative balance, and trade leverage up to 400:1

» OPEN AN ACCOUNT AND START TRADING WITH AXI

 

AXI.com Review

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