✔️ Information reviewed and updated in April 2024 by Eduardo López
Opinions and information about the forex broker AxiTrader
¿It is the truly reliable AxiTrader broker? In this section we will talk about this broker, its characteristics, and we invite anyone who has experience with this company to leave a comment with their experience.
AxiTrader is a forex and CFD broker, which began offering its services in 2008. It is a broker headquartered and based in Sydney, Australia. This broker is regulated by the regulatory body ASIC (Australian Securities & Investments Commission). The company has a total of three different divisions, AxiTrader (the platform for trading forex and CFDs), AxiPrime (for more expert and advanced traders, to trade with greater liquidity, but more money is needed) and AxiSelect (for even more advanced traders) .
By looking at the account types that this broker offers, we note that there are two types different.
La MT4 Standard Account It is the first type of account. Some of its characteristics are: the minimum initial deposit is $ 0, there is also no commission, the maximum leverage is up to 400: 1, a free VPS is also obtained when opening the account. Available base currencies are AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD.
The second type of account is the MT4 Pro account some of its characteristics are: Initial deposit required is also $ 0, there is a $ 7 commission for open and closed trade. The maximum leverage, like the most basic account type, is 400: 1, you also get a free VPS with your account opening, and the available base currencies are, like the other account type, AUD , CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD.
If we now look at the resources and tools for traders that this broker offers on the web, we find: description and guides of forex and CFDs, although in English. It is also possible to review his blog with market analysis and definitions of terms related to the world of forex and investments. A negative aspect of the broker's resources (in addition to having sections that are not translated into Spanish) is that, for example, the MT4 signal guide part is empty, in this aspect the broker leaves much to be desired.
AxiTrader broker features
| Foundation | 2008 |
| Supported platforms | MetaTrader4 (MT4) |
| Available in Spanish | Si |
| Customer service in Spanish | Si |
| Hear demo | Yes, but only for 30 days |
| Bonuses or promotions | Yes* |
| Commission | Not in Standard Account, if in Pro Account> $ 7 per open and closed operation |
| Minimum deposit | $0 |
| Leverage | maximum of 1: 400 or 1: 500 depending on the type of account |
| Deposit options | Credit Card, Debit Cards, Wire Transfer, Neteller, Skrill, Moneybookers, Global Collect, BPAY, China Union Pay. There is also the possibility of transferring money from another broker. |
| Withdrawal options | In theory, the same ones with which the money is deposited, although AxiTrader reimburses the money only to the original source and method with which the money has been previously paid. |
| Account types | MT4 Standard Account and MT4 Pro Account |
| CFDs | Si |
| metals | Si |
| Oil | Si |
| Gold | Si |
| Index | Si |
| Actions (stocks) | No |
| Raw materials (commodities) | Si |
| Withdrawal fees | No |
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Additional information about the company
Phone number: Colombia: + 57-1-5086704, Spain: 80 060 01 30, Mexico: + 1-877-396-7435, International: +44 207 096 7488
Email: [email protected]
Website: www.axitrader.com/en/
Clarification: Note that AxiTrader works in different countries, so the information provided may not apply to your country.
* Bonuses or promotions: 1) 30% additional margin on your deposit. That is, for example, if you deposit $ 1000, you can trade with $ 300 of additional margin.
AxiTrader Valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it is a reliable broker, but you have to take it carefully. We have read comments from traders with problems withdrawing money, as well as traders who are delighted with the broker and who have made a lot of money.
Do you know this broker? Do you think that our opinion is not correct? Have you operated with him? Leave a comment with your experience.
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↓ ↓ ↓ Traders and users score
Hi Pepe, the truth is, I don't know if you're going to answer, but I would like to know how you have gone with axitrader
This broker seems untrustworthy to me, even opening under UK regulation, it is complicated,
I have tried only mt4 demo, 60,50 euros abnormal charge and frozen trading in EURUSD.
Hello Pepe, thank you very much for sharing your experience with us, as you say, many regulated brokers still have abusive practices against their clients, regulation is often no guarantee that it is a good broker.
A greeting.
Before crucifying someone and saying “abusive practices” they should ask Pepe for more details. The truth does not say much.
Hello Iván, have you worked with the AxiTrader company?
Hi, how's it going?