Another VPS option is MetaTrader VPS, which is offered by MetaQuotes at $10.00 per month. When you trade cryptocurrency CFDs with Axi, you don’t have to invest directly in the product. Instead, you’re simply trading on the real-time price movements in the market. So, while you don’t own the underlying crypto, you can benefit from the price movement in any direction. Bullion Spot CFDs are also accessible against other quote currencies, such as the Australian dollar, Swiss franc, Euro, and British pound. In addition, precious metals are also available in the form of commodity futures CFDs.
- If you are new to this trading platform, they will prompt you to sign up for free.
- You can also set the platform up to receive notifications via the app, email or an SMS.
- This will allow you to quickly place the trade should you still find it favorable.
- The company has launched branches in many different territories, including the United Kingdom, China, Latin America, Germany, the Middle East, New Zealand, and Asia.
Also, there are no non-trading costs, which is a beneficial feature for traders. The broker has since grown into a multinational retail broker with offices in the United Kingdom, Australia, South Africa, and Saint Vincent and the Grenadines. It has bagged several industry awards for providing satisfactory trading services to over 60,000 loyal clients in 100 countries. In 2020 alone (FY20), the broker recorded over $2.5 trillion worth of trades. Meaning that their platform is provided by the company known as MetaQuotes Inc. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
They also have a range of trading platforms and give traders numerous customisation options. With CFDs, traders get the chance to speculate on the rise and fall of prices for fluctuating financial instruments like stocks, currencies, and commodities. Axi provides traders with round-the-clock access to the MetaTrader 4 platform that is accessible across all major mobile and desktop devices.
Axi’s social trading features create a…
Which account you choose will depend to a great degree on your trading volume and experience. If you do high volumes and you have extensive experience trading then the pro account is definitely for you. Which account you end up choosing will depend a great deal on your own personal preferences and trading experience.
FAQ – Les questions les plus posées sur Axi :
The platform is open to traders from New Zealand under a license granted by the local Financial Markets Authority (FMA). This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can see all your withdrawal requests and their status on the withdrawal page.
Android and iOS Trading
The forex trading platform is very clean, and all the charts and other trading tools are easy to find and use. For example, if you were trading gold as a CFD you would not be buying any real bars of gold. Instead, you would just be trading on the price movements of the gold market. And because you are only trading on the price movements, CFD trading allows you to profit on upward or downward price movements, depending on which way you speculate.
Australian forex traders have different requirements from forex brokers ranging from leverage, fees to features. This Axi review was based on our trading platform comparison, focusing on broker features as a focal point. If you have a different priority, then visit our homepage and view our other forex broker comparison charts. Our most popular forex broker comparison tables are low fee, high leverage and bonus offers. All information comes from providers’ websites with each provider offering free demo accounts to trial their offering and trading currency. Axi was launched in 2007 as an Australian-based financial service provider.
There are a range of different CFD products that you can trade at AxiTrader. These are both spot CFDs as well as a selection of CFDs on Futures (future price). AxiTrader seems to be fairly transparent with their fees and have a similar fee model to a range axitrade of other brokers in the industry. Regulation is perhaps one of the most important questions that any trader may have about a broker. We would strongly recommend any trader that is considering using an online CFD broker to confirm their regulatory status.
With this account, trades in all available instruments will not incur nor be paid any swap or interest, in accordance with Sharia law. Aside from these two points, it’s not necessary to include a MT4 review as the platform stays the same across all brokers regardless of the brand name chosen. AxiTrader works with a host of VPS providers that they can help you set up hosting accounts with. Moreover, for those traders who trade more than 20 lots per calendar month, Axi will credit your account with $34.99 which can be used to pay for hosting.
This puts traders, especially unseasoned ones, in a very volatile position because they risk losing their entire investments (sometimes even more than that). CFD trading with indices is another interesting investment opportunity for clients of AxiTrader. This involves a higher degree of uncertainty but if you know what you are doing, you can generate high profits with a relatively small investment. However, you should also be aware this is a volatile investment path where the losses you incur can sometimes exceed the balance of your account.
Vergleichen Axi (AxiTrader)
You will, however, pay a commission for aggregation and clearing costs if you hold a Pro Account. You can set up an Axi account in AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD or USD. It is worthwhile mentioning that the use of some of the available payment solutions is restricted only to specific countries Axi services. For example, Australian customers can use BPay or the Global Collect payment service while those based in China can top up their accounts with China UnionPay.
To start using this, you need to set up an account if you have not done so already. Axi is owned and operated by a company called AxiCorp Financial Services Pty Limited, which, in turn, is registered in Saint Vincent and the Grenadines. The company has launched branches in many different territories, including the United Kingdom, China, Latin America, Germany, the Middle East, New Zealand, and Asia.
Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience.