AxiTrader is it a scam? Reviews about forex broker

Any client who attempts this illegal activity will be notified before we close the account. Our clients should be proud too that their funds are safer as a result. Not sure what all the negativity is all about, I have not had any of the issues many are posting here.

I applied for correction , for the half an hour they are still checking. But whatever the result , I will close my account with them . So they was no reason for my account to put into such unfair setup except that I made money. Please note as soin as we will receive the funds we will add to your axi trading account.

Proof of positive slippage

As this was a demo account however, we are unable to provide an order receipt with our liquidity providers to show where your order was filled in the market. If you are a scalper or a trader that uses EA’s this is not a broker for you. And the worse their platform is not stable, I experience that my password have been reset and I could not close my trades. My name is Lucas, I’m reaching out from the AxiTrader team. We take pride in delivering a great experience to all of our customers so it’s disappointing to hear of your experience. In this instance of your recent customer support experience with AxiTrader, we would like to assist you further and look into this matter further.

Hi Biltnk, thank you for reaching out regarding your concern. We would like to apologize for the delay in the processing of your withdrawal request. We would also like to assure you that once you have requested a withdrawal from your trading account, Axi releases the funds immediately. If you experience a delay in receiving your funds, we recommend you follow up with the individual payment provider. I would like to assure you that we are committed to a high standard of service and we apologize for any negative aspects you may have experienced in the past. Can you please email us your account number or email on and we will follow up the issue you mentioned in your comment.

Sly “inactivity fees” mean Axi took all my money without me knowing

Also, with regard to sending your ID, this may be done electronically. Axi takes the data protection of its clients seriously. AxiTrader Sample Reversal PatternsPlease be aware that these patterns are only tools. It is not recommended to use as a basis for an offer to buy or sell or the solicitation of an offer to buy or sell any kind of product, whether security, financial, or any type of instrument.

Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. Axi has licenses from the Australian ASIC, the UK FCA, and the Dubai DFIC. Most international traders will deal with the unregulated subsidiary located in St. Vincent and the Grenadines. Axi accepts traders from the UK and South Africa and has an office in each. Traders from Malaysia, Singapore, and Canada may also open accounts at Axi, but US traders cannot trade at Axi. Autochartist provides the bulk of research content at Axi, but the Axi blog also features a weekly market review.

How to open your account

I just hope i will be able to get my money and GTF out of there as soon as possible. Don’t wait till client write on the trust pilot to solve the issue. Understanding the platforms available to you are important because you do not want to choose a broker, only to find out they are not compatible with your preferred platform. For a complete rundown of their platform utilizations you can check their platform page, but for a quick overview, they cover the popular MetaTrader 4 and MetaTrader 5. First on our list is IC Markets and this company appears to be located in Australia.

Sometimes, without knowing the rules regulated by a broker, you can easily get into an unpleasant situation and even lose part of your capital. Some users note that the company is not very well grounded for the local market. However, it can be noted that a number of serious accusations against AxiTrader are misplaced. Most likely, this paid negative is the actions of the broker’s competitors. As a result, a new Forex broker appears in the financial market, AxiTrader, registered in London with its headquarters in Sydney.

Axi review

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. All adjustments made to client accounts can be viewed within the History tab in your MT4 platform account under the name “Data truncation”. I have been trading with different brokers over the years, but i got to know Axi during their demo trading competition, I joined the competition though it was late then, and I couldn’t win. Hi Billy, thank you for bringing this to our attention.

I recommend traders check with their preferred one to ensure the most cost-efficient method. Traders must request withdrawals from the secure client portal, and the name of the Axi account must match the one on the payment processor or bank account. I like the hassle-free withdrawal approach at Axi, as it adds to peace of mind when trading.

• I had to explain them what i was telling them a minute ago each time.
• For a complete rundown of their platform utilizations you can check their platform page, but for a quick overview, they cover the popular MetaTrader 4 and MetaTrader 5.
• I had a very hard time conversing with agents as i feel i am talking to a dementia patient.
• This platform offers convenience, increased automation, and broadened functionality.
• Understanding the platforms available to you are important because you do not want to choose a broker, only to find out they are not compatible with your preferred platform.

For those looking for an educational section, XM has one of the more well put together education sections that you can use to further your trading knowledge. Topics include everything from stocks to Forex, giving you a taste of everything. Is the AI tool developed by Axitrader from the IT team. It analyzes your trading history and unique trading style, improves your trading profits by notifying you of potential errors, based on trading behavior. MAM only available to professional traders have moderated, thereby allowing the management of the account or investment programs managed organization. MAM Manager is a trading tool that allows traders to conveniently control multiple accounts from one trading terminal.

Hi edskie7777, we are very much disappointed to know you have had an unhappy trading experience with us. We’d like to assure you that we treat your feedback with great respect and are keen to look into your trades further. May we ask that you please send us an email at or contact us on our official Facebook page for further assistance. If you wish, we can also arrange for your account manager to contact you. That’s not the experience we like to see our customers receive and I’d like to reassure you that we are committed to resolving the issues you’ve raised.

However, it is up to you to decide and all of these brokers are worth your time researching. Opening a demo account is the best way for you to get a feel and understanding of just exactly what it is each broker and platform offers. Next on our list is Libertex and their trading services. Their homepage is simple yet professional, showing a thought out feel to their brand. Right on their homepage, it states they have a simple platform with great security and a cross-platform experience.

Withdrawing cash has never been an issue but like any company I would never allocate more than a few grand there way . The only true protection one has is by using an ASX accredited broker and they aren’t cheap . Had one absolutely disgusting thing happen recently on a trade but if it is corrected I will add comment in there favor but if not I can assure everyone I will plaster the trade far and wide .

This platform allows you to enter and exit trades faster and apply complex order types with speed. It has as well as a session map that shows the world’s market opening and closing times. The Next Generation of MT4, or what Axi calls ‘Axi MT4 NexGen’ is an advanced MT4 platform that embodies advanced management tools.It has enhanced ordering and sentiment trading. This platform is more developed, with more features to enjoy for professional traders. With this platform, you can gain insights into live market trends by viewing how others are trading using its sentiment indicator. Axiwas founded in the year 2007 and was rebranded from AxiTrader to Axi in 2020,with a goal to be theonline brokerthat traders would like to trade with.

I always go live chat with them if want to ask something always get help immediately. AxiTrader, like any broker can sometimes receive prices in error from our liquidity providers. Whilst we endeavour to have the https://forexbroker-listing.com/ best trading technology for our clients, no broker is perfect. At this time, our client agreement states that if erroneous prices are fed through and traded upon that AxiTrader has the right to void any trades.

We tested the bank transfer withdrawal and it took 2 business days. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. You can use either bank card, bank transfer or e-wallets for deposits, but there are some withdrawal limitations for bank cards. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

Later on, I created 10 pips extra SL buffer for axitrader trades compared to other brokers and strangely even those those hit. AxiTrader doesn’t have minimum deposit requirement for all available types of accounts. I joined them few years ago and demo traded for some time. Live account from middle 2013, withdrew some money as a test, all went smoothly.

If you are not familiar with order types, readthis overview. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We are writing to let you know that the issue has been resolved and an adjustment has been made to restore the balance of your account.