Main information about AxiTrader company
AxiTrader Limited, the owner of the AxiTrader trademark, is licensed by the FCA under number 509746. This is an English broker owned by the Australian company AxiCorp Financial Services Pty Ltd. AxiTrader has been providing brokerage services since 2007.
Personal account on the AxiTrader website
To register a personal account, you need to complete two steps:
- Fill out the form with your details, choosing the type of account (individual, joint, or corporate).
- Undergo verification by providing copies of documents to confirm your identity and address.
Trading instruments at AxiTrader
The platform offers trading in Forex and CFD contracts on gold, silver, oil, and indices.
Trading platform
AxiTrader offers the use of the MT4 platform, compatible with mobile devices. An educational course on platform usage is also provided.
Account types at AxiTrader
A demo account allows you to practice with the platform. Main accounts can be used as a demo for 30 days.
Standard MT4 account: spreads from 1 point, leverage up to 400:1.
MT4 PRO account: spreads from 0.1 pips, $3.5 commission per lot. A virtual server is provided.
Deposits and withdrawals
Available currencies for transactions: USD, EUR, AUD, GBP, NZD, SGD, CHF, CAD, JPY, HKD.
There are 9 ways to deposit and withdraw funds, details can be found on the website.
Educational materials
The company offers educational courses on Forex trading, including video materials in various languages. The educational program covers various aspects of trading.
Summary about AxiTrader
AxiTrader, a company with an FCA license and experience since 2007, represents a reliable broker. However, before starting trading, it is advisable to clarify the details according to the regulator in your country.
Johanna
My experience with AxiTrader left a lot to be desired. To begin with, their platform was unstable with constant glitches during the trading hours, which is simply unacceptable for any serious day trader. Adding to that, their customer support was dismal. They were unresponsive and when they did reply, they offered no useful assistance. Their promised low spreads were nowhere in sight, causing me to lose significant amounts because of slippage. All these issues coupled with their hidden fees and lack of transparency makes AxiTrader a broker I wouldn’t recommend.