Axitrader is an Australian company that was created in 2007. The broker has been regarded as one of the best and most trusted Forex brokers in Australia. Also, the best brand association after a successful first year of business. So in this axitrader review, today we will share some most important features with you.
It has managed this by utilizing some of the world’s most famous trading platforms. However, it connects traders with the most up-to-date market data on forex. Such as CFDs, and indices, allow them to trade at constantly low rates.
Some basic financial assets on CFDs are available for traders, such as indexes, metals, foreign currency, and commodities. The web-based trading platform of AxiTrader is also available in many languages.
Is AxiTrader Scam or Safe?
Many people are confused about this platform is safe or not? We clarify that Axitrader is not a fraud, but it is famous for its reliability and low-risk Forex trading.
AxiTrade has a licensed broker platform from the Financial Conduct Authority (UK) and the Australian Securities. Therefore, traders are satisfied by their work with a trustworthy provider. However, a licensed broker can only give because over-the-counter options involve major risks.
Types of accounts
MT4 Standard Account and MT4 Pro Account are the two types of accounts offered by AxiTrader. If you are new to online trading and don’t have any experience, then you may also start a free 30-day trial Demo account. It provides a virtual cash balance of £50,000 to gain practical experience, which interacts with a trading procedure in a “real” setting. Those traders who respect Muslim Sharia law are eligible to open a Swap Free Account. However, it is free from Swap Fees on FX Major, FX Minor, and Precious Metals Symbols.
Fees and spreads
Like other brokers, AxiTrader charges a fee based on the spread, which is the difference between an instrument price of buying and selling. However, the minimum spread of Axitrader is 0.2 pips EUR/USD, which is quite low when we compare it to the average spread of 0.70 pips.
Instruments
Clients may access the full range of trading options offered by the company, including Forex, commodities, CFDs, and indices, from a single MT4 terminal. Bitcoin and other cryptocurrencies can also be traded in the same way as traditional currencies. Overall, the broker includes the most difficult to trade markets, and UK residents can take advantage of the Spread Bet option.
Conclusion
Overall, we found the basic Axitrader service to be a simple way for new learners to enter the online trading market. But it is also important that before starting any trading, you should Learn forex trading. However, the AxiTrader’s core MetaTrader 4 delivers a very variety of capabilities. Also, an affordable technical solution to trade via market-making performance. In terms of the important subject of profits, Axitrader provides access to a variety of customizable leverage solutions. Furthermore, the broker is a good choice among Australian traders and international investors who are confident in the quality of service.
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