Broker Type: Market Maker, OTC
Regulation: ASIC, FCA
Min. Deposit: 0 US$
Found in: 2007
AxiCorp Financial Services Pty Ltd based in Australia and founded in 2007. After the successful operation for the first years, the company been ranked among most trusted Australia’s Forex brokers and has the strongest brand association. In 2012 as a part of the company global enlargement campaign, London branch AxiCorp Ltd was opened, as a wholly owned subsidiary of AxiCorp Financial Services Pty Ltd while using trading name AxiTrader UK. Furthermore, since there is a significant increase in the company volumes, AxiTrader launched operation and multilingual customer support in numerous locations, while covering China, Latin America, Middle East, Germany and more. Actually, AxiTrader is known in the trading industry for their award-winning customer support.
As an established international group of companies, the broker provides financial products focused on foreign exchange, primarily for retail investors. Tight spreads and fast execution come as standard on all accounts. The AxiTrader’s clients as well enjoying direct access to various liquidity providers from over than 14 world’s largest banks.
Moreover, as a leading provider in Foreign Exchange and Derivatives AxiCorp allows investors and corporates to benefit from a price-driven trading service, that enables to view live price quotes continuously and execute transactions instantly.
The broker has various advantages along with a strong position among the firms, which also confirmed by receiving global recognition:
Voted for its trustworthiness, AxiTrader is licensed and regulated by the two main authorization institutions Financial Conduct Authority (UK) and by the Australian Securities & Investments Commission. Since over-the-counter derivatives carry significant risks clients should be assured they’re dealing with a transparent provider. Client’s funds are safely kept in segregated accounts with top-tier banks and secured by the compensation scheme, as well all online transactions, executions or manipulations are fully encrypted.
AxiTrader offers to their trader as a platform – MetaTrader 4, which presented in a Web, Android, iPhone and iPad versions. Good to note, that not all MT4 platforms created equal. The broker should invest into co-located server and fibre optics too, in order to process more accurate trading.
Since MT4 is a well-known and powerful enough platform with a broad array of available tools, AxiTrader’s users enjoy access to automated trading performed via EAs, enhanced connectivity with a range of extensions, trading signals with allowance to share your strategies too. As well, traders can strengthen their strategies by Authochartist, as an AxiTrader client getting free access to flexible charts by the sophisticated tool – PsyQuotation.
For professional traders, the company offers to use Next Generation of MT4 – MT4NexGen. The platform filled up with better and proved features, which makes trading even better and including sentiment indicators, correlation trader, alarm manager, automated trade journals and many more. This platform is available free of charge for the clients who open a live account with the minimum deposit of 1,000$.
The ones who hold multiple accounts the integrated software tool Multi Account Manager (MAM) is the great and available solution, which lets placing of large orders in bulk with speed and no limitation.
And Bonus, now company offers the use of ForexVPS (service from an external provider to ensure uninterrupted trading) at 34.99$ monthly fee for the customers who trade more than 20 lots in a calendar month.
From one MT4 terminal client can access the full range of widely presented by the company trading options, including Forex, Commodities as well CFDs and Indices, Bitcoin trade also can be traded the same way as major currencies. Overall, the broker covers the most demanding markets to trade. Also, UK residents can benefit from the Spread Bet option and SWAP-free accounts are available to those who follow Sharia rules.
Since execution is the main characteristic in everyday trade, the broker uses as a main financial execution venue – AxiCorp Financial Services Pty Limited, however third parties may be asked to execute as well. There are execution criteria by which the broker taking account into, which involves the client’s classification , the characterized price and volume, the AxiCorp instrument being dealt with and the liquidity of the underlying market, as well speed and execution chance.
Opening an account with AxiTrader is an uncomplicated process, account types are divided into two main ones – MT4 Standard Account and MT4 Pro Account. The setup cost of both is free, with 0$ deposit requirement and including all range of available markets. The difference between accounts features in spreads, which starting at Standard one from 1 pips and 0 pips at Pro, as well Pro Account user committed to 7$ commission per round.
At the first stage and as a new to the trading, the client can choose free 30-day trial Demo account with a virtual cash balance of £50,000 to practice his skills and see a trading process in a “real”. Demo accounts available for both types as a Standard or Pro Account.
AxiTrader account can be funded by several options including Moneybookers/Skrill, Neteller, Wire Transfer, Credit Card, and BPAY. Also, there are selected companies with whom company allows broker-to-broker transfers. Clients can have accounts in GBP, USD, EUR, CHF or PLN and deposit funds in those major currencies as well.
All requests are processed through the secured client payment portal. Additionally, a pleasant complement from the company to the client’s benefits, that been recently changed, AxiTrader will cover all fees usually charged by the banks or processors.
Main broker offering provides access to the online trading world with ease for the fresh graduates, as well sophisticated enough solutions for experienced ones. A truly comprehensive range of tools, at the broker’s mainstay MetaTrader 4 brings a very competitive technical solution to trade through market making execution. The offered range of markets covering most all popular choices to trade. As for the margins, the broker offers access to flexible leverage options, of course, it implies more risk but brings an advantage too, the choice is yours. In addition, the broker is a popular choice among Australian traders.
At last certainly, Axi Trader support service has to be highlighted along with the educational solutions offered to their clients. Since constant education and development is a primary tool for successful trading, traders of any level can find extensive materials to learn from at the broker’s material hub.
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