Is AxiTrader legit?
Is AxiTrader legit?
Axitrader is not a scam but voted timelessly for its trustworthiness, with low-risk Forex trading. AxiTrader is licensed and regulated by the two main authorization institutions Financial Conduct Authority (UK) and by the Australian Securities & Investments Commission.
Is AXI a good broker?
Summary. Axi (previously known as AxiTrader) is an Australian forex broker founded in 2007. As such, Axi is considered safe because it is regulated by several top-tier authorities. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
What is a Forex VPS?
A Virtual Private Server, more commonly known as VPS, is a virtual computer that functions independently, just as a real computer does. A VPS is specifically designed according to your needs and is especially beneficial to forex traders due to the security and flexibility it provides.
What is the minimum deposit for AxiTrader?
$0
Compare trading accounts
| Standard Account | Pro Account | |
|---|---|---|
| Minimum deposit | Minimum deposit : $0 | Minimum deposit : $0 |
| Products | Products: 140+ FX pairs, Metals CFDs | Products: 140+ FX pairs, Metals CFDs |
| Pricing | Pricing : 5 digit pricing | Pricing : 5 digit pricing |
| Mobile trading | Mobile trading : Yes | Mobile trading : Yes |
Does Axitrader allow scalping?
Trading features, risk management tools & funding methods While Axitrader also allows scalping and hedging. You can trade with EAs (expert advisors) on both XM Group and Axitrader.
Is Axitrader a market maker?
As a market maker, Axitrader may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.
Why do I need VPS in forex?
A VPS can execute all your trades more quickly than your computer because it is significantly faster in transmitting orders, reducing delays and slippage, slippage known to increase losses and unpredictability.
Can VPS work without Internet?
Yes, it is possible to access server without internet. Server can be of different types(like shared, dedicated,..). There’s a web servers which is avail for everyone so it can’t be accessible without internet. You have to use internet for that.
Is AxiTrader a market maker?
Is AxiTrader an ECN?
Axi (formerly AxiTrader) is an ECN-only Forex and CFD broker founded in Sydney in 2007.
Does Axitrader offer negative balance protection?
Axitrader does not offer negative balance protection (See brokers with negative balance protection here)
How much does AXI charge for forexvps?
Axi will credit up to $34.99 of the monthly ForexVPS fee for customers who trade more than 20 lots in a calendar month. (Applies to Basic VPS edition with 1GB of RAM).
What is AxiTrader and how does it work?
Moreover, AxiTrader helps new retail traders start their first trading account before becoming advanced traders and running into the platform’s limits sooner or later. It also brings down the high risk of losing money in the initial trades by simulating the outcomes of those forex trades.
Is AxiTrader regulated in St Vincent?
As a broker, AxiTrader is a company that is supposedly regulated and authorized in St. Vincent and the Grenadines region’s Financial Services Authority. The AxiTrader LTD company is a fully-owned subsidiary of Australia-based AxiCorp Financial Services Pty LTD.
Is AxiTrader affected by the regulatory suspension of its license?
This regulatory suspension, however, has no impact on the international clients that AxiTrader LTD operates. Both entities are different and fall under distinct jurisdictions. Hence, AxiCorp LTD, which runs AxiTrader, has not suffered any license suspension. It remains fully compliant with all the designated regulators.
