Discover how to enhance your MT4 trading experience with our range of advanced tools and analytics. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 69.5% of retail client accounts lose money when trading in CFDs with this provider. Fundamental tools, training resources, trading education, and expert coaching to help you continuously improve. AxiTrader is not a financial adviser and all services are provided on an execution only basis.

Elite account-holders also have access to exclusive market analysis, free VPS services, and specialised trading tools. Free to all Axi clients no matter their account balance, Autochartist is an award-winning automated technical analysis tool that plugs into MT4 and scans all available CFD markets for trading opportunities. 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. Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. AxiTrader LLC is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary.

Verifying bank details

Axi offers a demo account with a virtual balance of 50,000 USD that remains open for 30 days. It also offers a free demo account, but it expires in 30 days. Overall, not as in-depth as you may expect from a broker of this type, but all analysis is solid and well-written. The regular analysis includes a weekly market preview, charts of the day, charts of the week, and a daily briefing on the market open. Because every Axi client gets a unique PsyQuation Score, you can use the PsyQuation leaderboard to follow the most successful traders – details provided include performance history and equity curve.

Axi has launched a capital allocation program with no registration fees and no monthly fees. 100% FREE

As soon as your bank account has been verified by our team, you’ll be able to withdraw funds instantly for future transactions. Adding a bank account is easy and only needs to be done once! If you don’t have a bank account already saved, you will need to do this in the “Bank Account” section within the Client Portal, which will display the following page. Please note that to withdraw funds, you will need to have at least one bank account saved and verified. You will see the following details appear (the bank account details will adjust automatically to display the correct option).

Receive funding in a separate Allocation account axi review from $5k USD to $1 million USD. By meeting the requirements for every stage, clients can gradually build expert professional skills and trade $1 million USD of Axi funds in Pro M. Assesses whether you meet minimum criteria for displaying credible trading experience. Evaluates your proficiency in managing risks effectively.

Getting Started

Stay on the ball with Autochartist, a software that automatically scans the market and spots opportunities – with insights formulated from market movements. We do not offer services in jurisdictions subject to international sanctions or where local laws prohibit such activities. Axi is a trading name of Solaris EMEA Ltd which is registered in Cyprus under registered number HE376148. If necessary, seek independent financial advice. Please ensure that you are fully aware of the risks involved and refer to our Risk Disclosure Statement.

If you don’t have any of these documents on hand, click “Skip this step and come back later” to complete the rest of the application and upload the documents at a later stage. Fostering a positive impact on the world is deeply ingrained in our values, starting with being part in the communities where we live and work. At Axi, we want to reshape the world of trading, but we want to make other positive changes too. United by a shared passion for the edge, Axi has proudly partnered with Manchester City, the reigning team of Premier League, since 2020. Surpassed monthly client trading volume of US$100 billion, putting AxiCorp amongst top 10 global FX providers Founded in 2007, our brand has grown from a two-person startup to a highly respected global group of companies, valued by thousands of traders in 100+ countries.

• MetaTrader 4 is the smart choice for online traders looking to hone their trading edge.
• Existing clients who already have an Edge score of 50 or more and hold a minimum of $500 USD in their Axi Select account (see more about the Edge score below), can immediately progress to the Seed stage and receive up to $5000 USD of funding from Axi.
• It also offers a free demo account, but it expires in 30 days.
• Standard trading fees and minimum deposit apply.
• Elite account-holders also have access to exclusive market analysis, free VPS services, and specialised trading tools.
• We believe in rolling our sleeves up and getting stuck in, being part of the communities where we live and work.

Copy Trading

Axi’s trader education is better than most other ECN brokers, with detailed information in video and text format for both beginners and more experienced traders. Prices and exact services offered vary by provider, but some are free once you hit a minimum trading volume of 20 lots PCM. It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders. Although Axi only supports the MetaTrader 4 (MT4) platform, it is truly customisable, with a range of tools and plugins that can be added to the platform to make it more powerful.

FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. The live chat agents were also responsive and highly knowledgeable. For the purposes of the review, we tested the live chat and email services.

The goal is to help you naturally grow as a trader with all the right conditions, tools and resources. Axi Select aims to provide a holistic trading environment, where you can gradually build your skills, and easily track your progress. Axi Select has been designed to provide a clear and structured pathway for traders to follow. Standard trading fees and minimum deposit apply. The Axi Select program is only available to clients of AxiTrader Limited.

If you would like to make a bank withdrawal, you’ll need to verify your bank account details. You’ll clearly see which payment options are available for your account type. You can also Contact Axi via phone, email or live chat to request a download link. Once you’ve logged in, select ‘Download MT4’ from the main menu. Written by pro traders, it’s a free five-part series featuring a crash course in MT4. We’ve put together some useful videos to walk you through the ins and outs of our MT4 platform.

Your Edge score is used to assess your funding eligibility; the higher the score the more funding you are eligible to receive as you progress through the trading program. It uses highly advanced analytics to assess your trading decisions and to help you identify areas of improvement in your trading. Performance in the Axi Select program is measured with a personalised ‘Edge score’, a numerical representation that grants you a comprehensive and distinctive insight into your trading abilities.

Account Currencies and Funding Options

What is a spread in trading, what is spread trading itself, and how to trade spreads? Independent beer maker BrewDog has been waiting for markets to recover before listing for an Initial Public Offering. Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets.

Be aware that you will pay a conversion fee if the base currency of your account is anything other than your deposit currency. A well-regulated broker, Axi ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all non-profit withdrawals are returned to the deposit source. It also charges no fees for deposits or withdrawals via any method, a rare feature amongst Forex brokers. 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.

The 1st Free Funded Trader Program up to $1 million USD

Select another broker to another broker to compare features, fees, and platforms side by side. Axi combines leading ECN trading conditions on the pro account with world-class regulatory oversight. Other highlights include a detailed and well-structured course for beginners and leading market analysis for all clients. Axi’s range of financial instruments is slightly limited compared to other brokers, but it offers over 70 Forex pairs and we were pleased that it recently added 50 global share CFDs. From investing in new tech, to strengthening our global presence, we do everything we can to help sharpen your trading edge.Want to partner with us? Deposit at least $500 USD into your account, start trading and achieve an Edge score of at least 50.

Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. Chris Cammack is the Partner Manager and a financial writer at FxScouts. We believe in rolling our sleeves up and getting stuck in, being part of the communities where we live and work. We want to make the world of trading a better place, but we want to make other positive changes too.

• AxiTrader LLC is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.
• It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders.
• We’re a top 10 global trading company, trusted by 60,000+ ambitious customers in 100+ countries.
• Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts.
• If you choose to fund your account by bank transfer, please keep in mind that it might take 2-3 business days for the funds to arrive and be credited to your MT4 account.

The Elite Account is designed for wholesale or professional traders. This gives you access to over 70 FX pairs, 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. Axi offers a decent range of trading instruments with average leverage.

Using highly sophisticated algorithms, it works like a trading coach, analysing your trading style, identifying mistakes, and helping you avoid making similar mistakes again. PsyQuation is one of the world’s most advanced data analytics plugins for retail traders. The market scanner provides statistically significant market movements and identifies important price levels that are catalysts for market movements. Autochartist’s advanced pattern recognition engine identifies the strongest potential trading opportunities and predicts future price movements.