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Autochartist is not the most effective third-party plugin AxiTrader offers to its clients. The Autochartist plugin also serves as one of the most important tools for retail traders. It eliminates the conditions where retail trader accounts lose money. One of the top forex brokers in the forex trading market is AxiTrader. Over the years, AxiTrader has become a sought-after name in the forex trading market.

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Feel free to try Axias its trading fees are low and there are no deposit or withdrawal fees. Axi has some drawbacks, though.Its product range is limitedto forex and CFDs, and its research tools lack recommendations and fundamental data. Axi holds a comprehensive Client Money Insurance policy that provides retail clients with protection up to US$1,000,000. This insurance coverage comes at no additional cost and automatically applies to all retail accounts with balances above US$20,000. Axi clients are provided free access to PsyQuation Premium, an AI-driven analytics platform to help you discover strategies for MT4. Below, you can see some of the many tools that are available, along with their short descriptions. is led by hooligans who are fond of conning innocent people their funds through cyber skills. These idiots takes advantage of the innocence of their victims. But I know their punishment is greater severer and fierce than what they are doing. For man may forget or be bribed and terminate or throw away the punishment, but God is not bribed nor forgetful.

This helps users get exclusive educational articles on the market. The AxiTrader website also runs video tutorials and offers eBooks to increase the understanding of trading among users. AxiTrader also generates researched information from a market analysis section that taps into online content and runs a market commentary. This information is packed with trade ideas that support the outsourced research produced by the tools. Several AxiTrader reviews reveal that the broker does ample market research to provide its users the best-in-class information. The bulk information from multiple authentic resources is scanned and filtered to identify high-value data.

Top 3 Forex Brokers

There is also MT4 NexGen, MT4 Forex Trading Signals, and MT4 Multi Account Manager. Additionally, you can access the MT4 WebTrader with your AxiTrader account. This version is optimized for web-performance of a lightweight nature. AxiTrader claims to offer some of the best forex spreads so that clients can maximize their profits.

axitrader scam

The VPS tool is very important for those traders who are using computerized trading strategies. The manager assists the traders with the training of trading and other market information. Here is what Raul, a trader from the United States, thinks about AxiTrader. He states that the company had charged back his money after a request and thus, assisted him when he needed it. Banks do not process payments if the amount is less than $50.

AxiTrader’s Approach to Trading

AxiTrader has a support team that is available 24 hours a day thanks to the locations in Chisinau, Dubai, London, and Sydney. The support team is multi-lingual axitrader review to provide support for all clients, regardless of their preferred language. Global support is available in six languages with company staff in 12 countries.

axitrader scam

The broker has market-competitive spreads across a wide range of commodities, currencies, and indices. During liquidity, the spreads fall lowest to 0.0 pips, and AxiTrader adheres to ensure that the costs stay competitive. AxiTrader has developed this four-step simple process to meet the regulatory KYC requirements.

You can of course also test it in a demo to make sure it works for you. Something else that AxiTrader has included free for all of their clients is their Autochartist. This is a tool that will scan the market and look for potential trade opportunities or profitable setups based on resistance levels. There are a range of account types that you can choose from at AxiTrader. These include the demo account as well as two different “live” accounts. The spreads and commissions at Axi are based on what sort of account that you register with them.

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Over the years, it has significantly increased its growth margin due to its process automation, market maturity, and mobile trading. Founded in 2007, AxiTrader has evolved as a trusted trading platform for large forex and CFD investors. After more than a decade in the market, the trading platform is in business with some of the world’s biggest companies and global brands. However, the time to process deposits and withdrawals takes up to five business days.

The MetaTrader 4 WebTrader runs on all web browser applications. AxiTrader platforms do not require upgrades as the service delivers them with their most powerful versions. It uses MetaTrader 4 as its dominant trading platform, and this standard approach helps it attract retail traders. A free-for-all feature of AxiTrader, PsyQuation Premium, helps its clients maintain a minimum balance of $500 with monthly trading of one standard lot.

  • Yes, Axitrader does have an affiliate program, so grab the opportunity to become an Axi affiliate and earn income.
  • Furthermore, using this platform gives you the potential ability to receive mentoring and funding via the AxiSelect program.
  • Please visit this page to find an up-to-date information about the deposit methods, accepted currencies, deposit and withdrawal times, etc.
  • With that said, this can be used as a technical pattern that can serve as an advanced warning to identify potential changes in the market direction.

New traders are likely to feel comfortable while opening an account with this process. It takes a minimum of two business days for a new AxiTrader account to get approved. Training-wise, AxiTrader follows a similar approach by relying on the PsyQuation Premium tool.

The trading platforms run on all operating systems, including Windows, Mac, Android, and iOS. This practice eliminates the misconception that new accounts lose money when trading forex. Forex pairs have been one of the most lucrative assets in the world of trading financial instruments. By registering high returns, forex trading has instantly profited investors worldwide. However, the domain of forex trading is not so easy for everyone to champion it. The company accepts funding options such as Moneybookers/Skrill, Neteller, Wire Transfer, Credit Card, and BPAY.

How to open your account

Every trader is unique and you should know by yourself which works for you. As mentioned above, this platform is available on a desktop and as well as a web browser. MT4 WebTrader Platform gives you access from your MT4 account to your web browser. Also, you can definitely use it on your Mac devices and its functionality is incredible and it is user-friendly.

Given that AxiTrader will have to had to have conformed with these requirements, you can feel at ease about the safety of using their services. Moreover, unlike with an unregulated brand, you know exactly which regulator to turn to should you have any issues with AxiTrader. There are arbitration processes in place that are able to deal with these issues.

Additions to this page are less regular, but you can still find a vast range of topics. Withdrawals, isn’t back into the funding credit card like, mentioned in the company documents. Terrible FX broker – Every second T/P trade, has slippage tat increases with trade size. As well, you can strengthen your strategies by Authochartist, as an AxiTrader client getting free access to flexible charts by the sophisticated tool – PsyQuotation.