AxiTrader Forex Broker Review

General Overview

AxiTrader is one such financial broker that offers 24-hour service, tight spreads and fast execution with minimal slippage. The company was founded in the year 2008 and it is an Australian ECN (Electronic Communication Network)┬ábroker domiciled in Sydney and regulated by ASIC. AxiTrader accepts U.S. clients through its American subsidiary, AxiTrader USA. It is regulated by “Australian Financial Services” with a license number of 318232. It offers two different types of execution methods. The first one is called non dealing desk execution of orders and the second one is called ECN instant execution of orders. The broker provides tighter spreads and the spreads may vary depending with account type and volatility; Pro accounts may include payment of commissions on top of spreads.

Assets Coverage

AxiTrader offers trading in many financial products like for example Future & Index CFDs, Gold, Silver, Oil etc. It offers more than 50 types of currency pairs for successful trading and the trading hours are available 24 hours. At Axi Trader, you will be able to benefit from a product that combines leverage, low costs and ease of trading and also allowing trading in both rising and falling markets from exchanges all over the world.

Types of Platforms

AxiTrader offers a selection of FX Platforms that allows the customers to trade easily in the financial instruments. MetaTrader 4 is a cutting edge trading platform used for trading the Forex, Metals and Futures Markets. It is the most popular trading client terminal in the world, providing all the necessary features required to trade Forex, Metals, Indices and Commodities. AxiTrader is pleased to announce that they have upgraded their Mobile Trading platforms to accommodate almost any device, including iPad & iPhone as well as android devices.

Bonus and Promotions

AxiTrader does not give an account opening deposit bonus which is often considered as the biggest con of this financial broker. However it does provide a “Demo Account” which you can practice your skills for free and a dynamic ongoing bonus on trading which varies from time to time and one needs to visit the website of Axi Trader regular to keep oneself abreast of the latest bonus and promotions.

Deposits and Withdrawals

The minimum money to get trading started at AxiTrader is $200 and it offers leverage up to 400:1. One can open account in CHF, JPY, SGD, NZD, EUR, GBP, USD and AUD. The spreads start at 0.6 pips with no commission whatsoever. This broker provides 2 kinds of accounts: one is called standard and the other one is called pro. For deposits and withdrawals one can make use of Visa, Visa Debit, Credit Card, Neteller, MasterCard, DinersClub, MoneyBookers, Electronic Wire Transfer etc.

Customer Service

AxiTrader believes in providing the best customer service to its esteemed clients and customers. One can reach the broker through email or telephone. There is also live support program available from where clients can get in touch with skilled customer care executives to get their problems/queries resolved. The representatives are courteous and experienced and are very prompt at replying.

Verdict

If you are one of those those people who are looking for a reliable broker that can fulfill all your trading needs, then your search ends with AxiTrader. It is a leader in Forex trading that offers faster execution when it comes to trading online.

 
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Steve Gardner

I am living in London. I am an e-entrepreneur. I have been working in the financial trading industry as a professional since 2003. I am a fan of Chelsea team. I am married. I like cycling.
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