AxiTrader review, 2021 Update

AxiTrader Guide – Read our In-Depth AxiTrader Review

This AxiTrader review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this AxiTrader review does not apply to US users.

This AxiTrader review contains the latest information about AxiTrader.

If you are a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll get adept at all of the concepts of brokerage since you keep trading. For starters, you need to choose the right agent who will be transparent with you always.

Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program will generate hefty returns. AxiTrader is just one such stage that will take you along with your investment into great heights. It is crucial that you understand about AxiTrader until you trust them with your cash.

Our full AxiTrader Review covers everything you will need to know about trading using AxiTrader. A good broker can multiply your first investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investment goals.

There is no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you select them. It is a common misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.

AxiTrader is a broker that has paved its way successfully into the broker world. In this review, we have tried to collate a number of the important facets of AxiTrader. This review can allow you to know whether AxiTrader is a good fit for your investments or not. We have tried to breakdown all of the features and fees for your advantage.

Who are AxiTrader?

AxiTrader is a foreign exchange broker headquartered in Australia and provides a range of tools for online trading. Since its start in 2007, AxiTrader has emerged as a top player in the industry of online brokerage. AxiTrader has a highly aggressive and full-featured trading site that is focused on currency, indices, metals, stocks , commodities.

Over the past 14 years, AxiTrader has grown into one of the leading online brokers.

After launching in 2007, their consumer base is becoming as big as 10,000+ clients.

AxiTrader is a favorite for many traders.. Our AxiTrader review discovered that they are an superb alternative for automated trading options. They're most appropriate for investors who are searching for a variety of assets. Social and automated trading options are the heart at AxiTrader.

Technology plays a substantial role at AxiTrader. AxiTrader offers trading on MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps. AxiTrader is fair, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA). Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also supply in-house research.

If you feel that AxiTrader is not right for you then at the bottom of this AxiTrader review you wil find a lot of alternatives to AxiTrader.

Everything you should know about trading with AxiTrader

AxiTrader is a dynamic platform that offers various methods of trading online. These instruments cover the financial markets considerably. Most of the broker platforms provide less methods than AxiTrader

If you want to trade with AxiTrader, you will need a minimum deposit of $0. This deposit is mandatory if you wish to begin trading with AxiTrader. This 2021 AxiTrader review will direct you easily about trading with them.

AxiTrader is as flexible as another brokerage platform. AxiTrader is great for traders that want a manageable selection of low-cost services. The platforms offered by AxiTrader are third-party, white-label offerings. All traders can select out of MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps.

Together with everything, AxiTrader has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction has to be kept open. The brokers provide premium client service that rewards customers with advantages.

Many unprofessional brokers try to pressurise users into larger funding for premium services. AxiTrader, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the further advantages will become available.

AxiTrader accounts are available around the world and provides outstanding service everywhere they have clients. There are some select few countries where AxiTrader accounts are not available. Traders in the following countries cannot open or use a AxiTrader account:

Is AxiTrader Safe To Trade With?

Launched in 2006, AxiTrader has been operating for 14 years, they have a head office in Australia.

AxiTrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA). These bodies have rules that mandate that trading platforms have steps in place to keep investor's resources procured. This usually means that AxiTrader users don't need to worry about their money as it's segregated and safely kept in established banks. SSL encryption secures every user's personal information also.

You can make use of a choice for Two Factor Authentications (2FA) with AxiTrader for increased safety. An SMS with the confirmation code will be sent to your phone. You'll be required to enter this code to log in to your account.

Another concern with fiscal brokers with respect to security may be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is much more prevalent in the case of Market Maker agents who compete with users on the stage.

Pro's & Con's Of Trading With AxiTrader

Every online trading platform will have a few pros and cons AxiTrader review would be complete without having a balanced approach. This AxiTrader review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

AxiTrader Review - Compare Brokers Similar To AxiTrader

AxiTrader Review - Regulation And Licencing In More Detail

AxiTrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA).

AxiTrader, as a business, has a strong collection of rules for ensuring honest trading onto its platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

AxiTrader Review - Awards

At the time of writing this AxiTrader review, they had not received any awards.

AxiTrader Review - Minimum Deposit Required

The minimum deposit that you must deposit to begin on AxiTrader is $0. This is a decent amount for people just starting out. You can create more advanced deposits as you cooperate. But, ensure that you understand how to make the most of your cash before investing in larger amounts.

AxiTrader Review - Commission And Fees Explained

AxiTrader is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the number of clients they have.

But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of penalties for this purpose.

The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you are spending a spread, funding speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those who are charged when you hold a leveraged position for longer than a day.

Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake on your account. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.

Generally, AxiTrader does not charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often trade, for example weekly or daily trading.

However, non-trading fees charged by AxiTrader are relatively higher. Consequently, you are billed more for non-trading activities in your trading account, like withdrawal and deposits. These are not about the purchase and sale of resources.

This AxiTrader review breaks down every one of the applicable non-trading fees for you in detail.

Compare broker fees against AxiTrader

AxiTrader Review - Withdrawal Fees Explained

AxiTrader charges a withdrawal fee if you make a bank transfer. Each time you move money into your bank account, these withdrawal charges become applicable.

Withdrawal of cash is possible at any time from your AxiTrader account. It's possible to draw sums up to the amount of your account balance, keeping aside the margin utilized. One thing to remember is that you don't always need to have any cash on your account.

In addition, the withdrawn money will be moved directly to the account you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money is going to be sent to the card. AxiTrader will ask you to offer other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In case you are withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you're choosing to withdraw in.

AxiTrader Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of the buzzing questions that run through your head while open an account with AxiTrader. An inactivity fee is an amount charged to registered traders that have not participated in purchasing or selling for some time. The period considered inactive is decided by the broker.

The inactivity fee differs from 1 agent to another and is not generalized. If a traders account does not have a purchasing or selling trade, it's claimed by the broker as an inactivity fee. The traders need to pay this commission under terms and conditions that they had agreed while registering.

AxiTrader doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no charges are implied by AxiTrader, it is better for you to close the account if you're inactive. Inactivity fees aren't just charged by brokerage firms but also many financial services.

For other trading platforms, the inactivity fee is contingent on the sort of account you have selected. The inactivity fee is subjected to a lot of conditions and should be disclosed clearly by the broker beforehand.

AxiTrader Review - Deposit Fees Explained

When you transfer money in your trading account from the bank account, a deposit fee can be billed by the broker. Most brokers don't charge too much money for this operation.

AxiTrader charges a deposit fee for transferring money into your trading account.

Depositing cash on the AxiTrader trading platform is easy. You just need to finish a single-user profile survey to begin depositing money into your trading account. You will need to give an identity proof and proof of residency to deposit substantial sums.

AxiTrader Review - Compare Broker Deposit Methods

What Can You trade With AxiTrader?

Note: AxiTrader provides many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered will be different depending on the country of residence of the client.

AxiTrader has a wide variety of over 100 instruments available for you to trade with.

If trading currency pairs is of interest to you then AxiTrader offer over 100 currency pairs.

Compare AxiTrader, IC Markets, Personal Capital & Valbury Capital below.

Alternatives To AxiTrader

If, after reading this AxiTrader review, AxiTrader does not quite fulfill your requirements check out these AxiTrader alternatives.

Frequently Asked Questions about AxiTrader