Elite account-holders also have access to exclusive market analysis, free VPS services, and specialised trading tools. It has a minimum deposit of 25,000 USD, spreads that start at 0.0 pips on the EUR/USD, and a commission of only 3.5 USD round trip, making it one of the lowest cost accounts in the industry.
#Axitrader mt4 for mac professional#
The Elite Account is designed for wholesale or professional traders.
#Axitrader mt4 for mac pro#
The MT4 Pro Account is very similar to the MT4 Standard Account, with the same perks and trading assets, the only difference being that this is a commission account, with a 7 USD round trip commission on trades and minimum spreads starting at 0 pips. This gives you access to over 70 FX pairs, maximum leverage of 30:1, free AutoChartist, and a free VPS service (the VPS service is subject to a minimum trading volume). With no minimum deposit, the MT4 Standard Account is a commission-free account where spreads start at 1 pip. The Standard Account has the trading costs included in the spread while the Pro and Elite accounts offer tighter spreads and a small commission per trade.Īs you can see from the table above, Axi’s trading costs are about average on the Standard Account – most good brokers will have a cost of around 9 USD per lot of EUR/USD – and lower than average on the Pro and Elite Accounts. Trading Costs: Axi offers three MT4 market-execution accounts, two with no minimum deposits and a professional trading account with a very high minimum deposit, but extraordinarily low trading costs. We were impressed to find that both Axi’s minimum deposits and ongoing trading costs are significantly lower than most other brokers. Share CFDs: Axi recently added share CFDs to its offering – it now offers shares from the top 50 companies listed in the United States, the United Kingdom, and European markets, including popular and liquid stocks like Apple, Amazon, and Netflix.Ĭommodities: Axi offers trading on a good range of commodities, including gold, silver, platinum, petroleum, and soft commodities such as coffee, cocoa, and soya beans.Ĭryptocurrencies : Axi’s range of cryptocurrencies is around the industry average and includes favorites like Bitcoin, Ethereum, Ripple, Cardano, DogeCoin, Polkadot, EOS, Chainlink, and Stellar Lumen. Indices: Axi has a wider selection of indices than other similar brokers, and includes the likes of the NASDAQ, FTSE100, DAX30, and Hang Seng. These include majors (EUR/USD, GBP/USD, and USD/JPY) and minors (NZD/CAD, EUR/JPY, and GBP/NZD), and exotics (EUR/NOK, USD/SEK and EUR/ZAR).
See below for the ASIC licence:įorex: At Axi, there are more pairs to trade than most other Forex brokers. We checked Axi’s all Axi’s regulatory licences on the official registers. However, it also means that leverage is restricted to 30:1 (as opposed to 500:1 through its SVG FSA-regulated entity) and that Axi cannot offer traders bonuses or promotions.Īustralian traders who are happy to waive these protections, can prove their professional trader status, and can afford the 25,000 USD deposit on the Elite account, have access to leverage of up to 400:1. Safety Features : Considered one of the world’s top authorities, ASIC regulation means that Axi’s Australian clients are provided with a high level of protection, including segregating client funds from its operating funds and providing traders with negative balance protection. The company has also received multiple awards for its transparency and trustworthiness. Trust: Established in 2007 and headquartered in Sydney, Axi has an excellent reputation in the Forex trading community.
Finance professionals and wealthy clients will also be pleased to note that they can access leverage of up to 400:1 for major Forex pairs on the Elite Account.Īn Australian ASIC-regulated broker, Axi is well-known for being reliable and trustworthy. We were also impressed that beginners have access to high-quality, structured learning material and frequent market analysis.Īxi’s range of financial instruments is slightly limited compared to other brokers, but it offers over 70 Forex pairs and has recently added share CFDs. We were also pleased to find that Axi is regulated by ASIC, an Australian regulator that provides a high level of investor protection.Īlthough Axi limits its platform choice to MT4, it offers traders free use of various powerful platform-integrated technical analysis tools, including Autochartist, MyFxBook, and PsyQuation to help experienced traders and serious beginners make better trading choices. An Australian broker with an excellent reputation, Axi is an MT4-only broker with three low-cost trading accounts and some of the best trading tools in the industry.
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