20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
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Jun.
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AxiTrader Review 2021
Analysis of the Main Features of the Forex Broker
Trading terminals:
23
7.55/10
Overall rating
Trading terminals:
Attention!
Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.
Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:
Summary of AxiTrader Trading Company
AxiTrader is a broker owned by AxiCorp Financial Services Pty Ltd. This Australian company was founded by traders in 2007. Professional experience and real knowledge have become the basis of the company that understands the needs of traders, offers modern solutions and high-quality service.The broker is monitored by three reputable regulators: ASIC (Australian Securities and Investments Commission), FCA (UK Financial Conduct Authority), and DFSA (Dubai Financial Services Authority), which confirm its reliability and stability.Traders around the world can become clients of the broker and gain access to more than 140 trading instruments: Forex, metals, cryptocurrencies, and CFDs.
Attention!
We work with accounts opened exclusively through the Traders Union website.
👍 Advantages of trading with AxiTrader:
- the activity is controlled by three regulators; deposit insurance and compensation payments are also available;
- a wide range of trading instruments, consisting of more than 140 currency pairs, metals, CFDs.
👎 Disadvantages of AxiTrader:
- sometimes there are problems with withdrawing funds;
- a demo account is available for 30 days only;
- withdrawal of funds is carried out using Neteller and bank transfer, there is no withdrawal through popular e-wallets;
- there is a complicated and lengthy account verification process;
- there are no Chinese-speaking specialists in customer support;
- there is no detailed information on the website about investment programs and trading conditions;
- block trades sometimes operate out of sync.
Overall
The AxiTrader broker is not popular among traders. However, the licenses obtained, innovative systems and the opportunities provided to traders testify to the stability of the company and its active development.
Visit AxiTraderTop 3 AxiTrader Customer Reviews
I have been trading with AxiTrader for 9 months. There have been no significant problems. I evaluate a broker by two parameters — trading conditions and money withdrawal. Its conditions are at the level of industry leaders. Commission of $7 per round, spreads from zero and execution are fine for me. At first, there were problems with the withdrawal. I used to withdraw through WebMoney. This company does not support this withdrawal method. In general, I can say that the guys are very efficient.
I have been trading for 8 years. I have worked with many brokers, so I know what to look for. With three friends, traders, we decided to trade with AxiTrader. For some unknown reason, only two people were able to pass verification. Since we approved the opening of an account, I decided to test the company. Generally, the conditions correspond to those stated. But there were real problems with the withdrawal, that is why I decided to switch to another broker. I created a request to withdraw the entire amount to close the account 2 weeks ago. They promised to transfer it within three days, but so far I haven't received a dime. There is no desire to bother with complaints. I am glad I did not enter large amounts.
Acquaintance with the broker began with a misunderstanding. I contacted their support team to find out the details before opening a live account. The specialist does not speak Chinese. But even when switching to English, no one wanted to sort out, and instead of information, I received a link to the education section. I was glad that there is no minimum deposit even on a Pro account. The platform freezes. After the customer support had been advised to restart the computer the graphs went off. It did not happen with other brokers. I am extremely dissatisfied with the service and work of the support team.
AxiTrader Latest Comments for 2021
4
8
3
Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of AxiTrader published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
broshan4
I’ve been trading with Forex for about three years and AxiTrader is my favorite among brokers at the moment. The first thing I focused on was the company opens accounts in New Zealand dollars. Usually, brokers offer dollars, euros, and pounds sterling as the base currency, so you won't get away from the commission for currency conversion when withdrawing and replenishing your account. Also, the minimum deposit size isn’t set, so you can trade even with 1 dollar in your pocket. I trade on a standard account because there are no additional fees. I just pay the broker the spread and that’s fine with me.
kmrajib
I’ve chosen the AxiTrader broker due to the lack of a technical minimum for replenishment, tight spreads, and the availability to connect to the ZuluTrade social trading platform. After a few months of independent trading and transactions copying, I decided to invest free funds in MAM accounts. I’ve already chosen a manager and made my first investment. For the time being, I feel comfortable with the broker. The trading conditions are good, and there are more than enough ways to deposit and withdraw funds. It is a pity that there are no bonuses and promotions with prizes, but I hope there will be in the future.
tukarvalutafx
I've been trading with AxiTrader for less than a month, so I haven't found any substantial breaches or delays on the part of the broker. Trades are executed instantly, even if you copy them from ZuluTrade. AxiTrader currently compensates its clients for part of the replenishment of the deposit commission, which significantly reduces non-trading costs. And the brokerage commission size is low enough: it is from 0.4 pips for popular currency pairs on a standard account, which is much lower than that of some other brokers. There is only one terminal here, so fanciers of exotic author’s platforms shall look for other companies to trade. As for me, I find it comfortable enough to work on MetaTrader 4.
krissonline
A good many awards and the claim that "the company was created by traders for traders" do not make AxiTrader the best broker for Forex trading. There are no cent accounts and zero spreads here. The broker cheats you by claiming that you can trade here without paying the spread. Yes, there are indeed spreads from 0.0 pips on the Pro account, but the broker gets a commission of $7 in both directions. This index is not that low when compared with other companies. I think it is not the best option to trade.
punit
AxiTrader broker credits funds to the deposit instantly, but for some reason, it does not withdraw it in the same way. Be ready for withdrawal requests to take several days, and then you will get the transfer to your card in another 1-3 days. But long-term withdrawal is not the main disadvantage of the broker. Spreads are widening significantly. The EUR/GBP pair sometimes reaches up to 3 pips, and this is within the conditions of a tranquil market. With increased volatility, trading here with a profit is not possible, so I am going to withdraw the remaining deposit and immediately start looking for a more worthy broker.
msheznie
I've been trading with AxiTrader for about a year and I am satisfied enough for the time being. At first, I opened a standard account, but I changed it to Pro when the first deposit was reduced to zero. Now I trade with spreads from 0.1 pips and leverage up to 1:500. Certainly, there is too little range of assets and slow technical support, but you can still get profit, which is not always possible with other brokers. I haven’t invested in trust accounts yet, but I think that soon I will take the plunge. What's wrong with getting passive income when it's possible?
phatkat43
I don’t know how the AxiTrader got so much positive feedback. I am not satisfied with the speed of the MT4 provided by the broker at all. I have been trading from this terminal for a long time, and other companies do not have such problems with the technical part. The mobile version of the platform constantly crashes, so you have to work through a laptop. Spreads also widen constantly, so you won't be able to make money here. I have already found another broker, but I wanna withdraw the deposit from AxiTrader. I applied 3 days ago, but I did not get money to this day, although I have provided all the necessary information.
Video Review of AxiTrader
Expert Review of AxiTrader
AxiTrader is the official partner of the Traders Union. Within the period of cooperation, the broker has established itself as a stable company that does not violate the terms of cooperation. It’s worth noting that the broker is not popular among traders, however, the stated trading conditions and instruments are not inferior to the leaders of this industry.
The basic principles of AxiTrader are the provision of high-quality service based on understanding the needs of traders, creating favorable conditions for trading, and ensuring the safety of clients. Innovative technologies are an important part of the company's work. For example, the AI-powered PsyQuation platform helps a trader unleash his potential. It performs many functions, including analyzing trading style, providing analytics, and alerting you when you enter a potentially risky trade.
AxiTrader offers two account options to open: Standard, suitable for novices, and Pro account, for experienced traders. The minimum deposit is USD 1, which makes working with the broker available for traders of different levels. Traders in their reviews note the efficiency of the support specialists, but a significant drawback is the lack of help in Chinese.
Analysis of the Main Features of the Forex Broker
Dynamics of the Popularity of AxiTrader
in 2020 among the Users of the Traders Union
Investment Programs, Available Markets and Products of the Broker
The broker supports the possibility of investing, and also allows the capital manager to manage the traders’ portfolios. Auto trading and the use of advisors are allowed. Detailed information on current investment programs must be requested from the manager.
Multi Account Manager (МАМ) — tool for making block deals
AxiTrader provides an integrated Multi Account Manager software tool. It allows the owner of the master account to make block trades on all accounts affiliated with it.
Benefits of using MAM:
-
6 ways of placement;
-
trade size from 0.1;
-
all types of orders and warrants are accepted.
Trading takes place on the MT4 platform. The number of accounts is not limited.
Important!
If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
AxiTrader affiliate program
The company has developed its own partnership portal, providing an opportunity to earn money by attracting customers to a retail brokerage center. All partners are provided with materials and receive a high CPA commission, up to $850 for one attracted account. Affiliate program options: IB-partner, CPA-partner.
Affiliate program benefits:
-
high commission rates;
-
there are no restrictions on payments;
-
there are no partnership fees;
-
access to marketing campaigns and advertising assets that provide high conversions.
All existing partners can build their own multi-level partnership structure, the expansion of which contributes to income growth. It is also possible to provide brokerage services under your own brand using the White Label tool.
Rebate and Discount Programs of the Traders Union for AxiTrader
A prerequisite for receiving a rebate from the Traders Union on the AxiTrader broker is to open a trading account using the affiliate link of the Union. If the account is opened directly on the broker's website, and not through the Traders Union, the AxiTrader clients will not be able to receive a rebate.
Try it! You’ll like this!Trading Conditions for AxiTrader Users
AxiTrader provides favorable trading conditions. In their reviews, traders agree that the cancellation of the minimum deposit made the company available to novices. There are two trading accounts options, Standard and Pro. Users note that the spreads correspond to the stated values and are not inferior to the spreads of the companies leading in the brokerage rating.
The offered trading platforms satisfy the needs of both conservative traders who prefer to work with the popular MT4 and innovative supporters who choose AxiOne. Free access to the AI-powered PsyQuation platform allows you to minimize errors and increase profits.
Clients of the AxiTrader broker have the opportunity to earn both through active trading and a multi-level affiliate program with high commission payments.
$1
Minimum
deposit
1:500
Leverage
24/5
Support
| Trading platform: | МТ4, MT4 Web-Trading, AxiOne, PsyQuation |
|---|---|
| Accounts: | Standart, Pro |
| Account currency: | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Replenishment / Withdrawal: | Deposit: Visa, MasterCard, Jbc, Bank transfer, Neteller, Skrill, Bpay, WeChat, BankWire, China Union Pay |
| Minimum deposit: | $1 |
| Leverage: | Up to 1:500 |
| PAMM-accounts: | No |
| Min Order: | 0.01 lots |
| Spread: | Standard — from 0.4 pip, Pro — from 0 pip |
| Instruments: | Over 140 currency pairs, metals, CFDs, cryptocurrencies |
| Margin call/Stop Out: | Standard — 90% / 50%, Pro — 90% / 20% |
| Liquidity provider: | No |
| Mobile trading: | Yes |
| Affiliate program: | Yes |
| Orders execution: | Market Execution |
| Trading features: | Stop loss, trailing stop, take profit, advisors are allowed |
| Contests and bonuses: | Currently, there are no active contests and bonus programs |
Comparison of AxiTrader with other Brokers
| AxiTrader | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
| Trading platform |
MetaTrader4, Mobile, Web | MT4, MobileTrading, MT5, cTrader | MT4, MT5, MobileTrading | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | No | $100 | $5 | $200 | $100 |
| Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:500 |
From 1:1 to 1:30 |
From 1:25 to 1:500 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | From 0 points | From 1 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
90% / 20% | 25% / 20% | 100% / 50% | 100% / 30% | 25% / 10% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | $100 | $30 | No | No |
| Cent accounts | No | No | Yes | No | Yes |
Broker comparison table of trading instruments
| AxiTrader | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | No | Yes | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes |
| indexes | No | Yes | Yes | Yes | Yes |
| Stock | No | No | Yes | Yes | Yes |
| ETF | No | No | No | Yes | No |
| Options | No | No | No | No | No |
AxiTrader Commissions & Fees
Information
To determine hidden trading and non-trading fees, Traders Union analysts have studied the current conditions for traders in AxiTrader. The spread was chosen as the basis for estimating the trading commission, and the withdrawal fee was analyzed to identify non-trading commissions.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | From $4 | No |
| Pro | From $0 | No |
The broker has no hidden trading commissions. The Pro account has a commission of $7 per lot in both directions. The amount of trading commissions was also studied and a comparative analysis was carried out with similar indicators of the industry leaders. Each broker was assigned a level depending on the amount of the commission: low, medium, high.
| Broker | Average commission | Level |
| AxiTrader | $4 | Low |
| FxPro | $13.2 | High |
AxiTrader
FxPro
Conclusion
AxiTrader spreads are lower compared to competitors. The lack of a non-trading commission helps to reduce the trader’s costs.
Detailed Review of AxiTrader
AxiTrader has been working in the Forex market for 13 years. During that time, the company responsibly fulfilled its duties and provided customers with quality products and modern solutions for trading.
The broker's work is controlled by three reputable regulators: ASIC, DFSA, and FCA. Licensing and regular external audits confirm AxiTrader's integrity and financial stability. Traders' money is kept in segregated accounts and is safe. It also provides deposit insurance for retail traders who have more than $20,000 on their account. The sum insured is up to US$ 1 million.
A few facts that will be of interest to new traders:
-
more than 40,000 traders in 150 countries of the world use the company's services;
-
the broker was named the best MT4 Forex broker according to atozmarkets.com in 2019;
-
AxiTrader was named the best Forex broker in Europe by forex-awards.com in 2019.
AxiTrader is the best choice for novice traders
AxiTrader broker creates a comfortable environment for traders who are just starting their careers. Comprehensive education, including access to courses from accredited instructors from the Knightsbridge Trading Academy, gives a good start to novices. Despite the limitation of the demo account, a 30-day period is enough to get practical skills before opening a real account. The non-availability of a cent account creates certain difficulties for traders.
AxiTrader decided to reject the ECN technology. Therefore, traders must turn directly to the liquidity provider. By using co-located servers in key locations around the world, faster connections, execution times, and less downtime are achieved.
Useful services from AxiTrader:
-
Autochartist is an application that scans the markets continuously and displays prices in real-time. Provides technical analysis and volatility analysis and reports on profitable opportunities;
-
PsyQuation is an artificial intelligence-based platform. Analyzing the personal history of trading and the trader's style, it forms the most profitable offers for him. Helps reduce errors and provides powerful analytics;
-
VPS hosting ensures uninterrupted operation of the terminal and 24/7 trading using robots on the broker's remote server.
Advantages:
1
the company's reliability is confirmed by three reputable regulators. The broker's membership in the International Financial Organization (The Financial Commission) guarantees traders an unbiased settlement of disputes;
2
favorable conditions with low spreads, high liquidity, and fast execution allow traders to use their own funds effectively;
3
automatic insurance coverage for trading funds up to US$ 1,000,000;
4
a compensation fund of EUR 20,000 per client;
5
low entry threshold thanks to accounts with no minimum deposit requirements.
How to Start Making Profits — Guide for Traders
To get started with AxiTrader, you need to open a real account. Account currency may be: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, or USD. Newcomers are allowed to use a demo account, but it is valid for 30 days only.
Account Type
Description
Standard
an account suitable for novice traders. There is no minimum
deposit. Spread from 0.4 pips. More than 140 currency pairs, metals, CFDs are available for
work. There is no commission. Access to Autochartist, PsyQuation, Myfxbook, Autotrade is
provided;
Pro
an account for experienced traders, with no minimum deposit
requirements. The main difference from the standard account is the spread from 0 pips. The
commission is US$7 in both directions.
In addition to active trading, there is an opportunity to become a partner of the company and build your own multi-level referral structure.
Bonuses Paid by the Broker
At the moment, AxiTrader has no valid bonuses. From time to time, the company conducts promotions and launches bonus programs for deposit replenishment, which operates in certain countries. The conditions for receiving bonuses are published on the official website. It is worth noting that the lack of bonus programs helps to avoid conflicts associated with working off bonuses and withdrawing funds. Using your own funds motivates traders to do serious work.
Bonus from Traders Union.
Traders Union regularly negotiates with and settles on the provision of exclusive bonuses by companies for Traders Union clients. Any broker can participate in this program, including AxiTrader. Follow the announcement of exclusive bonuses from the Traders Union partners in the "Association News" section.
Investment Education Online
Information
To achieve success in trading, the broker offers educational materials that are developed by experienced traders. AxiTrader provides access to online trading courses from a trading academy accredited by the London Stock Exchange Knightsbridge Trading Academy.
Information available in the Analysis and Education section
Unavailable information at AxiTrader site
Video courses on 12 main sections of trading
There is no detailed information on investment strategies
Step-by-step video tutorial on working with MT4 terminal
Guide to Using PsyQuation, Autochartist, VPS Hosting, and Signal
Providers
Three packages of access to Knightsbridge Trading Academy courses
To acquire skills, it is recommended to open a demo account, where you can practice trading and hone strategies without financial risks. Trading takes place in real-time. It should be noted that the demo account is available for 30 days only.
Security (Investors’ Protection)
Information
AxiTrader is controlled by several regulators: FCA (UK), ASIC (Australia), and DFSA (UAE). The broker is registered in Australia and operates under a license from the Australian state regulator ASIC. The powers of the regulator include: control over the broker’s activities, conducting audits, identifying violations, conducting their own investigations. Cooperation with the police service makes it possible to prosecute fraudsters. Despite the strict control over the broker's work, the regulator does not guarantee compensation for the loss to injured traders and investors.
To provide services in the UAE, AxiTrader has received a DFSA license. This regulator is also responsible for auditing the company and dealing with complaints of violations from companies included in the DFSA register.
The UK Financial Conduct Authority (FCA) verifies the company's solvency, oversees its activities, and monitors the broker's offers for their compliance with EU requirements.
AxiTrader is a member of the international organization The Financial Commission, which deals with financial dispute resolution. Compensation for claims settlement can be up to €20,000 per client.
👍 Advantages
- Automatic protection retail traders’ funds up to US$1 million
- Regulators monitor the broker's solvency and conduct audits
- Deposit insurance for traders and the ability to file complaints
👎 Disadvantages
- Red tape difficulties in filing complaints to the regulator against the broker
Withdrawal Options and Fees
-
Funds for withdrawal are available after the approval of the application, the processing time is 1-2 days.
-
After the approval of the application, the money will be credited in 2-5 days. The speed of crediting depends on the bank.
-
The broker does not charge a commission for withdrawing funds from a trading account.
-
Withdrawals are only possible to a bank account or a Neteller account.
-
Withdrawal of money will be carried out only if the name, to which the account is opened, completely coincides with the name indicated in the documents.
-
Withdrawal of funds to third parties is prohibited. The broker has the right to request additional documents from the trader to verify personal data and confirm the legality of the source of funds.
Customers’ Support
Information
The technical support service for traders operates 24/5. A special phone number is provided for calls from anywhere in the world. Calls, regardless of the country of residence of traders, are free.
👍 Advantages
- 24/5 support on all communication channels
- Online chat specialists give prompt responses
👎 Disadvantages
- Does not work on weekends
- No Chinese-speaking specialists
There are several ways to contact Customer support:
-
by phones, as indicated on the website;
-
fill out the feedback form;
-
via chat on the broker's website.
Contacts
| Registration address | Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines. |
| Regulation |
ASIC, FCA, DFSA |
| Contacts |
Email:
[email protected],
Phone: +61 2 9965 5830, +44 203 544 9646, 1300 888 936 |
Review of the Personal Cabinet of AxiTrader
To start working with a broker, you need to open a trading account. The account opening procedure consists of several stages.
1
First, you need to enter personal data: last name, first name, patronymic, phone number, and email address. The name and surname must match the spelling in the passport.
2
Further, to confirm the identity of the client, the document verification procedure follows. After verification, you need to log in to the broker's website.
In the AxiTrader personal account, the client will be provided with the following functions:
-
Control over financial transactions, plus a detailed history.
-
Access to the customer support center.
-
Access to the broker's regulatory documentation.
There are also many other useful functions and features here:
-
details of financial transactions on the client's trading account; plus, history of account replenishment and withdrawal of funds;
-
section for partners - marketing tools for attracting customers, statistics of referral links and the partner's income level;
-
the ability to view and edit personal data;
-
customer support operates on a ticket system for submitting requests.
Tags:
axitrader AxiTrader Axitrader AXI Trader AxiCorp AxiCorp Financial Services Pty LtdThe Oldest Reviews of the AxiTrader
The reviews by customers of the AxiTrader indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of AxiTrader published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
barradas
I do not trade much on Forex. I prefer passive trading because it is possible to combine it with my main job at the bank. I’ve chosen AxiTrader precisely because of the possibility to generate income without daily thorough market analysis and independent trading. I automatically copy traders' trades from the ZuluTrade platform, and this is enough for me. Of course, I wish there were some bonus offers and a good affiliate program with a reward for attracting new customers. For now, I'm staying with AxiTrader, and then we'll see.
mpehlic
It is impossible to make good money with an AxiTrader broker. This is due to the constantly expanding spreads, commission per lot, and high fees for deposit/withdrawal of funds. The support service disappears abruptly when questioned about payment delays. Be ready to be constantly ignored or treated rudely when communicating. The terminal freezes constantly. No matter how many times I overload it, the platform simply does not work when important news is released. My patience has already run out, and the money on the deposit too, so I am looking for a better broker.
naveen123
I’ve chosen the AxiTrader broker on the friend's advice, and I don't regret it at all. I am comfortable trading here: the conditions are quite good. The broker works honestly, and this is his huge advantage. During 3 years of my trading, I have never found that AxiTrader somehow interfered with open trades. Sure, before I had some complaints about the size of swaps, but recently I changed my trading strategy. Now I don't leave positions open at night, so I don’t pay additional commissions anymore. I don’t think the broker’s conditions will be good for scalpers, but I’m quite happy with the size of the profit.
sajan007
I trade on the standard account because the minimum deposit on Pro starts at $250. So, I have to pay the broker a spread within 1-3 pips. I consider such commissions too high, so I have been looking at other companies for a long time, but I still stay with AxiTrader because of access to the ZuluTrade platform. I like its functionality and the traders in the rating. Certainly, there is a profit, but it is too small by today's standards. The withdrawal process is also too long and sometimes I am waiting for money for more than a week.
devendra1987singh
There are just a few trading instruments for a professional trader. I often trade CFDs on cryptocurrencies, but AxiTrader doesn't have them. I would like to find more analytical reviews and news on the site, for example, Dow Jones. It is not enough to have one trading platform. It's time to add MetaTrader 5 as well because many traders use it for trading. I would give the broker three stars out of five because the company must improve its service.
sagar253
I’ve been working with AxiTrader for 5 months, simultaneously trading with several other brokers. As a result, I’ve earned the least profit with AxiTrader in comparison with other companies. There are no zero spreads here, so you shouldn't count on it. Financial or trading bonuses are not available either. The broker partially compensates clients for the costs of replenishing the account, but you will not receive any compensation for the commissions of payment systems for withdrawing funds. I believe that the company attracts traders with beautiful promises, but in fact, is deceiving them.
rookie001
A long time ago, I read a review on AxiTrader on some websites. The conditions seemed to be quite attractive, so I decided to test them on a demo account. Everything corresponded to the website: fast order execution and tight spreads. But it turned out that the demo account is valid for only 30 days, and then it was blocked. It turns out that the broker wants to quickly fob off a real account on a potential client, and quickly weed out the rest of the traders? The company has a strange policy, so it didn't even open an account. I believe that there are more worthy Forex intermediaries.
Author of this Review
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FAQs
Do reviews by traders influence the AxiTrader rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about AxiTrader you need to go to the broker's profile.
How to leave a review about AxiTrader on the Traders Union website?
To leave a review about AxiTrader, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about AxiTrader on a non-Traders Union client?
Anyone can leave feedback about AxiTrader on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
Why is it more profitable to work with AxiTrader through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.
Traders Union Recommends: Choose the Best!