Founded in 2007, AxiTrader came up with the idea that they would be the broker "we'd want to trade with", and it caught on. Backed by the ASIC, the broker is considered one of the best out there.
Compared to other brokers, AxiTrader has probably the best, award-winning customer service out there in the forex brokerage world. The response time is considered "unmatched" as customer service representatives are always there waiting to help. Their multilingual staff can help respond to any question they are given. Customer service ratings on the website range between 4.5 and 5 stars because of how fast they are. If I were to rate this broker, I'd give them 5/5 stars on their customer service.
Commissions and Fees
AxiTrader offers two accounts: the standard account and the pro account. Listed on the AxiTrader website, the two accounts are compared.
Key things to look at are the spreads and commission fees. On the pro account, investors have more accurate and tight spreads, but you pay for it in commission. The standard account is not as tight, but all trades are free excluding swaps. With this broker, you can expect great execution on either account, a .4 pip spread is pretty tight. I'd give this section a 4/5.
Platform, Tools, Education
The MetaTrader 4 Platform is the primary software they use with AxiTrader. They also have helpful trading tools that can be very useful for traders including the MT4 Web Trader, MT4 VPS Hosting, and Signal Providers. One of their tools, the Autochartist, scans for trade set ups and alerts you when it finds one. It is also free to every client. Another cool thing is that they carry tutorials, trading tips, videos, ebooks and trading tools to help you become a better trader. A broker with so many resources should get a 5/5 in my opinion.
The licensed and regulated broker has received some outstanding reviews by their customers. AxiTrader is regulated by the Australian Securities and Investment Commission (ASIC) and is considered safe with average risk. My rating: 4/5
Offering of Investment
With AxiTrader, you can trade 80 major currency pairs, crypto, indices, and CFDs, including metals and commodities. This broker seemingly covers all aspects to trading, and you certaintly are getting some of the best service. My rating: 4/5
This company not only provides a brokerage service, but tools, education, signals, software and so much more. With an award-winning customer service and highly trusted broker, I would have to rate AxiTrader at a 4.5/5 for the amazing service they provide.
Thanks for reading! If you are interested in joining our trading community, we have chat rooms, trade alerts from our top traders, and educational content. You can join using the link below, and get a discount on your membership.
Please note that this email is my personal opinion only. I am not a licensed financial advisor, and any information shared or discussed is not to be construed as investment advice. Trading and investing involves a degree of risk, and is not suitable to all investors. Please consult with your financial advisor before making any sort of investment decisions.
Looking for a Broker?
Check out our favorite brokers & reviews! Find brokers available in your country, or our top rated brokers to consider.
Weekly Forex Forecast for GBPUSD, CADJPY, GBPAUD, XAUUSD (17-22 January 2021) Hey everyone! Welcome to this week's forex forecast for the week ending January 22nd, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at GBPUSD, CADJPY, GBPAUD & XAUUSD. GBPUSD Looking at GU on the Daily timeframe, price has been channelling […]
Weekly Forex Forecast for GBPUSD, EURCHF, USDJPY, XAUUSD (10-15 January 2021) Hey everyone! Welcome to this week's forex forecast for the week ending January 15th, 2021. It's so great to be back, I hope everyone's had a fantastic holiday, and I hope everyone's motivated to work 10x harder than last year. I'm wishing everyone nothing […]
Throughout the year, we've seen many changes to the way we trade, how we manage risk and how we interpret the markets. The new insights we have gained over the months usually come after years of trading and adapting to ever-changing environments. We've done all that in a matter of months! Up until the New […]
Politics preventing new financial stimulus The economic recovery in the major global economic powers depends on several important factors. One of the most vital part, the spread of the virus and the government's answers to it. With a decrease in daily cases of COVID-19 to 50,000 in the U.S.A. Yet U.S. A remains the most […]
Our team has unfortunately received many reports of scammers using our content and pretending to be us. While we will continue to report these accounts to the authorities as we receive reports, we may not always catch them in time. Below our a list of things to look out for before making a purchase to any […]
Warren Buffett is one of the most idolised, investors in the world. At the time of writing , his company, Berkshire Hathaway, has a market cap of $495 billion and Buffett himself has a net worth of $79 billion. His approach to value investing, combined with his influence over the companies he invests in , […]