You’ll also need to answer a few simple compliance questions to validate your trading experience, so allow at least ten minutes to complete the account opening process.Īxi accepts traders from more than 100 countries. You can also open an Islamic account with Axi.Īverage Standard Account Spreads on MajorsĪxi has established a three-step procedure that meets regulatory requirements for AML/KYC, and new traders can feel at ease submitting their information, copy of ID, and proof of residency to this broker. The Standard Account has a slightly higher spread, but the trading conditions in the Pro Account are great. AxiTrader Account typesĪt Axi Trader, you have two options: the Standard account, which has higher spreads and no commission charges, or the Pro account, which has raw spreads and commission charges. Negative balance insurance is not available to professional or non-EU users. AxiTrader is authorized and regulated by the two major authorization institutions, the Financial Conduct Authority (UK) and the Australian Securities and Investments Commission.Īxi offers negative balance security for forex spot and CFD trading, but only to retail European Union investors.

Since the investor security sum and the regulator vary from entity to entity, safety is important for you. Please ensure you fully understand the risks involved. Remember that CFDs are a leveraged product and can result in the loss of your entire capital. We value your feedback: Rate this broker by leaving a comment and rating below this review. You can find our transparent Axi review below. So, if you are looking to open an account t with Axi, consider this review first. In this review, we’ll discuss everything from regulations to its spread about Axi. The web-based trading platform of AxiTrader is now available in different languages.įun fact: Axi is the online trading partner of Manchester City Football Club. Traders may choose from various trading products, including CFDs on underlying financial instruments such as stock indices, metals, foreign exchange, and commodities. As a result, Axi is regarded as secure because a number of top-tier authorities regulate it.

Many financial regulators around the world, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), and the Dubai Financial Services Authority (DFSA), regulate Axi. Axi, a new brand, was introduced in 2020. Axi, earlier known as AxiTrader, is an Australian forex broker that was founded in 2007.

Axitrader mt4 for mac