Caters to professional traders with advanced trading tools and platforms.
Pros
Cons
Fee Level: | Low |
Inactivity Fee: | None |
Index CFD Fee: | Low |
Investor Protection: | Up to £85,000 under the Financial Services Compensation Scheme (FSCS). |
Mobile Platform: |
Provides a cost-effective trading environment with minimal fees.
Pros
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Regulated by ASIC and FCA; segregates client funds and offers negative balance protection.
Pros
Cons
AxiTrader offers deposits via bank transfers, cards, Skrill, Neteller, and crypto. Deposits are instant; withdrawals take 1–3 business days. No deposit fees, but withdrawal fees apply for some methods.
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AxiTrader has a straightforward online application with 24-hour processing for document review.
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AxiTrader offers the MetaTrader 4 mobile app, a reliable platform but with an interface that may feel dated to some users.
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AxiTrader provides the MetaTrader 4 desktop platform, known for its stability and support for automated trading. However, it lacks some advanced features found in newer platforms like MT5.
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AxiTrader offers a diverse range of trading instruments, including over 220 products such as forex pairs, shares, indices, commodities, and cryptocurrencies. This extensive selection provides traders with ample opportunities to diversify their portfolios and engage in various markets.
AxiTrader does not impose a strict minimum deposit requirement, allowing traders to start with an amount they are comfortable with. However, it's recommended to deposit sufficient funds to meet margin requirements and manage risk effectively.
Leverage ratios at AxiTrader vary depending on the regulatory jurisdiction and the specific financial instrument. For example, under ASIC regulation, the maximum leverage for retail clients is typically 1:30 for major forex pairs. Professional clients may access higher leverage up to 1:500, subject to eligibility criteria.
Yes, AxiTrader applies an inactivity fee of $10 per month if an account remains dormant for 12 months or more. To avoid this fee, it's advisable to maintain regular trading activity or contact customer support for further guidance.
