The trader will be glad to know that with AXITrader his possibilities are endless. But is it really so? What does the broker promise and what information does it hide in its user agreement? What is the purpose of leverage, and what exactly is the intermediary’s benefit?
AXITrader provides access to financial markets
By interacting with a broker, you can trade currency pairs, CFDs, indices, futures, metals, cryptocurrencies. Before opening a real account, you can test your abilities on a demo account, which will continue to remain active for only 30 days. Trading conditions look like this:
- There are no minimum deposit requirements.
- Spreads start from zero pips.
- Leverage looks like 1: 500. On the one hand, these are great opportunities, and on the other, a quick way to drain the deposit. Think about it.
- AXITrader technical support specialists can be contacted around the clock, 5 days a week.
- The company claims to be a technology-driven innovation-driven company.
- A free education is offered to hone your trading skills.
- Since 2010, the broker is fully licensed and regulated.
- Powerful platforms allow quality control of transactions.
- AXITrader’s official website contains information that says about the minimum trading costs. Reduced costs allow you to leave more money for investment.
The data on the protection of customer finances looks a bit blurry, although it contains some specificity. AXITrader speaks about the high degree of its responsibility to clients, general trust, and good reputation. The intermediary has entered into an agreement on the insurance of deposits of registered users, on their behalf, and is a member of the network of responsible financial service providers of international level. They offer additional levels of security. For the client, this means the following: AXITrader broker applies additional tools to protect your funds. Then you will be able to focus only on your trading.
The most informative section on the site
All information about the company and the offered trading conditions is significant. But if you open the comparative table of trading accounts, you will see specific numbers:
- Lottery from 0.01.
- Commission that may apply.
- Over 140 financial instruments.
- 5-digit quotes.
- Permission for mobile commerce.
- A wide range of base currencies for the account.
- Indicated a positive result in terms of compatibility with advisors. AXITrader collects feedback on this issue with an emphasis on positive.
Access to a virtual private server can be provided free of charge, however, only under certain conditions. It is possible to receive trading signals, and you do not need to pay for this service either.
Is there a place for AXITrader to cheat?
Swap-free accounts help AXITrader scammers attract more clients. The latter do not take into account that you will have to pay a commission for the given opportunity. As a result, trading costs will be even higher. But formally, the swap will not be taken into account in trading. For representatives of a certain religion, this is enough. Such a compromise is beneficial for all participants in the process:
- AXITrader Broker cheating.
- Guardians of religious norms.
- Traders who want to work and are looking for legitimate opportunities to do so.
Funding is fast. For this, plastic cards, bank transfers, payment systems are used. Often, AXITrader withdraws funds to the deposit details, although there may be exceptions.
Licensed and Regulated
The presence of three licenses of regulators is indicated: ASIC – in Australia, FCA – in the UK, DFSA – in the Middle East. The parent company was registered in Australia. The broker itself is established in Saint Vincent and the Grenadines. He is a member of the Financial Commission, an international organization responsible for resolving disputes in the Forex market. The founding date is 2007.
If you are satisfied with the function performed by the broker, then you can advise it to other people, using the advantages of the affiliate program for your own purposes. But if you see negative reviews written about AXITrader, try to understand the real reason for their appearance. What is it: unfair competition and ordered materials, or actual punctures of the broker when he did not bother to pay enough attention to clients and fulfill his obligations to them? An honest intermediary earns on a premium to the spread, and a dishonest one – on deposits dumped by a client.
