- Competitive commissions and spreads
- Excellent trading platform
- Copy trading supported
- Regulated by two reputable authorities in two jurisdictions
- Limited selection of tradeable CFD instruments
AXITrader is an online trading brokerage that was established in 2007 by an Australian holding company known as AxiCorp Financial Services Pty Ltd. The brokerage is regarded as one of the best and most trusted online trading brokerage in Australia and offers the trading of a wide range of financial assets across a variety of financial markets. AXITrader has their headquarters based in Australia at Level 10, 90 Arthur Street, North Sydney NSW 2060, but services traders from all around the world. In fact, AXITrader offers their services in 13 different languages and is registered and regulated with not 1, but 2 reputable regulatory authorities; the Financial Conduct Authority (FCA) in the UK and the Australian Securities & Investments Commission (ASIC) in Australia.
Since AXITrader was founded in 2007, the broker has won countless awards and built up one of the greatest reputations in the financial trading services industry. Although this broker sounds great, is it right for you? Let’s find out in the following review, where we’ll delve deep into the aspects that make up this online trading brokerage and see what sets AXITrader apart from the competition and whether or not they can be trusted.
It comes as no surprise that AXITrader utilizes one of the most popular and feature rich trading platforms on the market, the Meta Trader 4 (MT4) trading platform. This platform has been widely adopted among leading trading brokerages for the trading of forex and CFDs and it’s many features. For instance, the platform is customizable to be translated in various languages, has customizable layouts, features numerous technical indicators and a complete charting package, supports one-click trading, and even supports automated trading through programs called Expert Advisors (EAs). Expert traders and programmers can even program and implement their own strategies. For the not so tech-savvy traders, they can copy successful traders through the MT4 signal package. It’s no wonder this platform is the most widely used trading platform in the industry, and AXITrader utilizes its power well and presents it perfectly for both beginner and advanced traders.
In addition to the MT4 desktop trading platforms, traders have the ability to trade on mobile via the downloadable MT4 applications for both Apple and Android devices. These applications have been fully optimized for use on a mobile device and feature all the basic features incorporated on the desktop versions of the platform.
AXITrader has numerous financial assets to trade across the foreign exchange markets, commodities, indices, and cryptocurrency markets. See below, an overview of what AXITrader offers traders in these markets.
- 80 tradeable currency pairs including Majors, Minors, and Exotics
- Very low spreads & flexible leverage
- Lightning fast execution
- Liquidity from 14 of the world’s leading banks
- One of the largest forex brokers globally
- Dedicated account managers and 24 hour customer support
- Bitcoin CFD trading (no need for a digital wallet)
- Fully regulated Bitcoin trading
- Tax exemption trading for Australian residents
- Trade on leverage of up to 1:10
- Automated trading
- 24 hour customer support, 5 days a week
- Diversified investments trading
- Trade on leverage
- 11 different indices to trade
- Margins as low as 1%
CFDs Trading on Commodities, Stocks, & Indices
- Low margin requirements
- Low fees
- Real-time rates and flexible leverage
Fees and commission
The fees and commissions incurred by a trader vary depending on their level of account. Traders can either choose an MT4 Standard account or an MT4 Pro Account. The latter implements fees through raw spreads which are dependent on the market and the minimum available spread is 0.0 pips. The MT4 Pro account also charges commissions of $7 for every trade because the spreads are so low. The MT4 Standard Account typically has the spreads which are listed below.
Security and fairness
AXITrader is known as Australia’s most trusted and reliable online trading brokerage and for good reason. The brokerage is very safe and secure as it is regulated by 2 reputable regulatory authorities; the Financial Conduct Authority (FCA) in the UK and the Australian Securities & Investments Commission (ASIC) in Australia. The website secures their servers with SSL encryption and clients funds are held in segregated accounts. AXITrader has won numerous awards for their competence, service, and security. AXITrader is also very fair, as they provide all their clients with access to the same platform, tools and features, educational material, and more. Clients who which to make larger deposits can be upgraded to a Pro Account which has some benefits such as lower spreads and personalized account managers.
The customer service provided by AXITrader is truly outstanding. Support is available 24/7 via email, live chat, or telephone. Support representatives are reported to be very friendly and professional with heir responses. While customer support is available 24/7, support via the trading desk is open from 7:00 am AEST on Monday to 07:00 am AEST on Saturday. Additionally, customers who prefer support in person can go to one of AXITrader’s major offices located in Sydney, Dubai, London, and Chisinau.
AXITrader provides traders an excellent solution for participating in the forex and CFD markets. The brokerage is award winning and has an excellent reputation for many reasons. The spreads and commissions are very competitive and even cheaper than many other brokers. The broker features a decent amount of tradeable assets and an excellent trading platform that’s great for both beginner and experienced traders. Also, AXITrader cares deeply about their clients and does their best to accommodate trader’s needs through excellent customer care services and their educational center.
The following are the common questions that customers inquired about AXITrader.
Is AXITrader regulated?
Yes, it is regulated by the Financial Conduct Authority (FCA) in the UK and the Australian Securities & Investments Commission (ASIC) in Australia.
Is AXITrader a scam?
No, AXITrader is a legit broker with years of experience and an excellent reputation.
Where is AXITrader based?
AXITrader has their headquarters based in Australia at Level 10, 90 Arthur Street, North Sydney NSW 2060.