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AxiTrader Reviews and User Ratings

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  • Information
  • Video
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  • Review score

AxiTrader General Information


Broker Name
AxiTrader
Established
2008
Country
Australia
Min Deposit
$200
Max Leverage
1:400
Regulation
ASIC
Email
service@axitrader.com.au
Telephone
+61 2 9965 5830
Fax
+61 2 9965 5899
Website Language
English, Chinese, Russian, Spanish, Malay
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller

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Description


AxiTrader Background

AxiTrader is an investment services provider company based in Sydney, Australia. It was established in 2008 under the regulation of the Australian Securities and Investments Commission (ASIC). AxiTrader is among the leading ECN brokers with a wide selection of options for all kinds of investors. The website is available in different languages including English, Japanese, Spanish, Chinese and Bahasa.

Features of AxiTrader

  • AxiTrader provides clients with the celebrated MetaTrader4 trading platform available for Windows, Mac and mobile devices.
  • Other than the currencies, AxiTrader offers clients options to trade with including Oil, Silver, Gold, CFDs and Indices.
  • Myfxbook Autotrade is available to registered traders. This is a social trading platform which enables one to link the AxiTrader MT4 account and follow trades of other traders; plus, the followed trader gets paid up to half a pip for every lot traded.
  • AxiTrader has three different account types for clients to select from; the Standard, Pro and ECN accounts.
  • Deposits can be made in all major currencies using a credit card, local bank transfer, MoneyBoookers (for USD, GBP and EUR only), BPAY (for AUD only) and broker-to-broker transfer for some selected firms.
  • AxiTrader has leverages of up to 1:400.

Upon visiting the AxiTrader website, one gets the impression of a brokerage with a great potential of providing highly innovative financial and investment products and services.

Conclusion

AxiTrader is good place for Forex trading. One can easily get started with the help of the rich and resourceful Education section at the website.

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Video


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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros and Cons


AxiTrader provides clients with a 24-hour, 5 days a week customer service through live chats. Traders can also contact AxiTrader through phone or callback.

PROS:
  • AxiTraderaccepts traders from the United States through its American subsidiary, the AxiTrader USA.
  • Unlimited access to up-to-date analytical charts on different currency pairs, equity Indices and Commodities.
  • AxiTrader offers clients with comprehensive courses ranging from the fundamentals of Forex to the market analysis and trading strategies. This includes videos that can be watched in 24 different languages, at no extra cost.
  • Impressive tight spreads.
  • Fast execution.
  • AxiTrader comes with a free Demo account which one can use to try out the account of choice risk-free.
CONS:
  • The 30-days life of the AxiTrader Demo account is rather short.
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Account Type


  • Minimum Account Size: $200
  • Spread: Low/ Variable
  • Trading Instruments: Forex, Gold & Silver, CFDs, Oil, Indices, Metals, Commodities
  • Trading Platforms:MT4, Mobile Trading
  • Margin Call Level: 90%
  • Stop-Out Level: 20%

  • Minimum Account Size: $1000
  • Spread: Low/ Variable
  • Trading Instruments: Forex, Gold & Silver, CFDs, Oil, Indices, Metals, Commodities
  • Trading Platforms:MT4, Mobile Trading
  • Margin Call Level: 90%
  • Stop-Out Level: 20%

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AxiTrader Review Score


AxiTrader Reviews and User Ratings
7.2 Total Score
5 reviews
Add your review
Web Design
7.4
Reliability
7.4
Platform
6.6
Customer Support
7.0
Withdrawal
7.6
Broker Name
AxiTrader
Established
2008
Country
Australia
Min Deposit
$200
Max Leverage
1:400
Regulation
ASIC
Email
service@axitrader.com.au
Telephone
+61 2 9965 5830
Fax
+61 2 9965 5899
Website Language
English, Chinese, Russian, Spanish, Malay
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
AxiTrader Reviews and User Ratings
7.2 Total Score
5 reviews
Add your review
Web Design
7.4
Reliability
7.4
Platform
6.6
Customer Support
7.0
Withdrawal
7.6

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5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    MoneyTalks02
    March 5, 2016 at 9:00 am
    4.4
    Web Design
    90
    Reliability
    80
    Platform
    90
    Customer Support
    90
    Withdrawal
    90

    As I mentioned, it took me awhile to get my account details and documents approved but when I did finally had my account running, it was so worth the wait. AxiTrader is relatively simple yet reliable broker that traders would enjoy dealing with. Their trading platform is stable and their support staff is always there to help.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Derek Ramses
    October 14, 2015 at 7:52 am
    3.9
    Web Design
    80
    Reliability
    90
    Platform
    50
    Customer Support
    80
    Withdrawal
    90

    As for my assessment of AxiTrader, these guys have a fairly great system going for them and their services aren’t really that bad. My only real problem with them is their lack of currency pairs, they only have twenty which is I think a pretty standard number for most brokers, but they would do well to expand their selection.

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  3. Reply
    Caroline Denise
    January 18, 2015 at 9:00 am
    4.4
    Web Design
    80
    Reliability
    100
    Platform
    90
    Customer Support
    80
    Withdrawal
    90

    There are very few brokers out there who would actually put up safeguards in transactions to ensure that their traders do not suffer from unnecessary slippage. They literally cancel your trades during times of increased volatility to safeguard your account from grievous losses. Axi Trader is like the big brother trader I never had!

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    Kate Tang
    August 13, 2014 at 9:05 am
    4.2
    Web Design
    100
    Reliability
    80
    Platform
    70
    Customer Support
    90
    Withdrawal
    80

    I’ve been shopping around for the most ideal broker for my standards and I have to say that AxiTrader wins the top spot by a landslide. Not only do they refund you on any excess slippage during trades, they are also completely professional and amicable about it. AxiTrader is the best broker out there for me.

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  5. Reply
    LengSook Min
    March 31, 2014 at 7:35 am
    1.1
    Web Design
    20
    Reliability
    20
    Platform
    30
    Customer Support
    10
    Withdrawal
    30

    This broker is only good to you if you are losing money, but the moment you start earning a decent amount from trading they start to slow down in their services. When I was losing money they were always calling for me to deposit more to my account, when I am winning they keep telling me not to withdraw my money.

    Helpful(0) Unhelpful(0)You have already voted this

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