AxiTrader Review

Want to see if AxiTrader is a legit broker? Is it safe to trade? It spread is high or low? How long to deposit or withdraw funds?

We provide answers to all the questions in this AxiTrader Review.

We checked all AxiTrader licenses and regulations to see if AxiTrader scam or safe. We compared AxiTrader fees like spread & commission from its live account to over 150 brokers, required time for deposit & withdrawal and many more findings all in this review.

What is AxiTrader

AxiTrader is Forex and CFD broker, established in 2007.

The broker started from Australia regulated by ASIC, and expanded further to UK under FCA regulation, offshore SVG and Dubai, overall covering global operations.

AxiTrader highlights

🗺️ Regulated in	Australia, UK, Dubai, SVG
🛡️ Is AxiTrader safe to trade	Yes
💵 EUR/USD spread	1.3 pips
🏦 Deposit	Bank Wire, Cards, Skrill, Neteller
💰 Minimum deposit	US$0
🏦 Withdrawal	Bank Wire, Cards, Skrill, Neteller
💻 Trading platform	MT4
💳 Trading markets	Forex, CFDs on Indices, Metals, Energies, Cryptocurrencies
📈 Number of product	140+
📉 Live chat response	Instant and relevant answers

Regulation

License and regulation are crucial to fund security. There are two facts checked, the broker’s license and its background, second how are you protected if something goes wrong.

Is AxiTrader legit

AxiTrader is fully legit and regulated in each region it operates, itis regulated by Australian Securities and Investments Commission (ASIC),  top-tier FCA in the UK and recently received license from DFSA in Dubai.  

AxiTrader licenses and status

Entity	Registered in	Regulator	License no.	Status
AxiCorp Financial Services Pty Ltd	Australia	Australian Securities and Investments Commission (ASIC)	ACN 127 606 348 AFSL 318232	Currently Regulated
AxiCorp Limited	UK	Financial Conduct Authority (FCA)	509746	Currently Regulated
AxiCorp Financial Services Pty Ltd	Dubai	Dubai Financial Services Authority (DFSA)	Category 4 license with a ‘Retail’ endorsement	Currently Regulated
AxiTrader Limited	SVG	Financial Service Authority of St. Vincent and the Grenadines (FSA)		Registered

Is AxiTrader safe

AxiTrader is considered safe because it is regulated by several reputable authorities including ASIC and top-tier FCA.  

AxiTrader operates 8 offices and is regulated by 3 regulators plus registered in offshore SVG.  

AxiTrader compensation scheme

Entity	Compensation Amount	Negative Balance Protection
AxiCorp Financial Services Pty Ltd	No compensation	Yes
AxiCorp Limited	£85,000	Yes
AxiCorp Financial Services Pty Ltd	No compensation	Yes
AxiTrader Limited	No compensation	No

We recommend to register account with Australia or UK entities as we consider these regulations the best

AxiTrader provides negative balance protection for retail trader accounts, means account balance converts to 0 in case trades go below to negative.

Markets and Products

At AxiTrader you can trade good variety of currency pairs, Forex, CFDs on Indices, Oil, Metals and Cryptos.

For the negative side popular assets like ETFs, Stocks or Futures are not available.

Markets	Instruments
Forex	80
Indices	14
Commodities	16
Cryptocurrencies	6
Shares	–

Account types

AxiTrader offers two account types, Standard and Pro Account. Islamic accounts available on request.

	Standard	Pro
Minimum Deposit	0 USD/EUR/GBP	0 USD/EUR/GBP
Spreads From	0.4 pips	0.0 pips
Commissions	Zero Commissions	7$ round

Fees and commissions

We ranked AxiTrader fee levels low and average based on Live Account Spreads and compared to 150 brokers in our database.

The spread we collected for popular instruments from 6 markets and over 150 brokers

Markets	Instruments	Low	Average	High
Forex	EUR/USD	0.1-0.9	1-1.5	1.6 or higher
Indices	US 500	0.1-0.4	0.5-1.4	1.5 or higher
Commodities	Gold	0.1-0.4	0.5-2	2.1 or higher
Stocks	Tesla	0.1-0.5	0.6-1	1.1 or higher
ETFs	US Russell 2000	0.1-0.4	0.5-1.4	1.5 or higher
Cryptocurrencies	Bitcoin	0.1-0.5%	0.6-0.9%	1% or higher

Spreads

AxiTrader fees are different in each account type.

Pro account spreads are good, we got 0.1 for EURUSD plus 7$ commission.

Spreads only Standard account with variable tight spreads has no commission charges. On our test trades the spreads were average levels compared to industry benchmarks and low for Forex.

Markets	Instruments	Standard account	Other brokers’ avg spread
Forex	EUR/USD	1.3	1-1.5
Indices	US 500	0.5	0.5-1.4
Commodities	Gold	3.5	0.5-2
Stocks	Tesla	–	0.6-1
ETFs	US Russell 2000	–	0.5-1.4
Cryptocurrencies	Bitcoin	14.4	0.6-0.9%

Other Fees

AxiTrader has low non-trading fees. There is no fee for deposit, or withdrawals, or inactivity fee.

Trading Conditions

The trading conditions at AxiTrader are good. Almost all trading strategies are allowed including scalping and hedging.

Trading Conditions	Yes/No
Hedging Allowed	Yes
Scalping Allowed	Yes
Change Leverage Allowed	Yes

For hedging, there is no time limitation for keeping positions.

Scalping is allowed, AxiTrader cooperating with VPS service providers, Expert Advisors (EAs) trading has  no restrictions.

Leverage

AxiTrader Leverage and the change of leverage maximum levels depending on the entity regulations and goes up to 1:500.  

Deposit

AxiTrader charges no deposit fees. You can choose your preferred currency and use bank transfer, credit cards, and e-wallets, although the range is different for each subsidiary.  

A bank transfer can take several business days, and payments with credit/debit cards and e-wallets are instant.

Deposit Method	Funding Time	Fee
Bank Wire Transfer	1-3 Working Days	0$
Credit / Debit Card	Instant	0$
Skrill, Neteller	Instant	0$
Sofort, giropay, iDeal	Instant	0$
Polish Internet Banking	Instant	0$

Minimum Deposit

There is no minimum deposit requirement, you can start with any amount you wish on both Standard and Pro Accounts.      

Withdrawal

AxiTrader covers fees for withdrawals, not all methods as deposits available for withdrawals, plus minimum withdrawal amount is applicable.

Withdrawals are processed quickly maximum up to 2 days by the broker, plus additional days for money to appear on your account due to payment providers.

Withdrawal Method	Withdrawal Time	Fee
Bank Wire Transfer	1-3 Working Days	Free
Polish Internet Banking	1-3 Working Days	Free
Skrill, Neteller	1-3 Working Days	Free

Bonus

AxiTrader does not offer any bonuses or promotions, due to regulatory restrictions.

Trading Platform

AxiTrader mainstays solely on MetaTrader4. From the negative point, there is no alternative platforms offered.

MT4

AxiTrader MetaTrader4 is supporting multiple languages and AutoTrade via Myfxbook, it is available across all devices including Windows, Mac, and Mobile Apps for Android and IOs.

Research and Tools

AxiTrader has good research tools. Youcan useEconomic Calendar, Currency Converter and Forex Calculator on the website and range of tools inbuilt in MT4 including Autochartics, MT4 NexGen and Signal providers.

From the negative points there is no Fundamental data from market leading providers, analytics, technical analysis and daily market analysis are provided by inhouse professionals only.

AxiTrader research tools are available in different places:

• Trading platforms
• Trading resources section on the website

Education

AxiTrader education content is informative and organized. You can learn via trading videos, Webinars, Tutorials, eBooks and various Tools including Expert insights designed by inhouse specialists.

AxiTrader education is good for any level of traders and you can learn:

• Demo account
• Trading videos, articles, eBooks
• Expert Insights
• Copy Trading and PsyQuation
• ‘Learn to Trade’ section on Website

Demo Account

Demo account is offered on free basis on MT4 offered platform.

Customer Service

AxiTrader customer service is good, there are numerous toll-free lines around the world and Live agents are helpful, we also got fast answer on the Live Chat.

Customer Support available 24/5 by:

• Live chat
• Telephone free lines, Call back
• Email

AxiTrader live chat is fast response speed we connected almost instantly

Question Asked	We asked about trading tools.
Time of Reply	We were connected to Live Chat almost instantly
Quality of Reply	The answer was clear, refereeing to website or platform sections

Conclusion

AxiTrader is a safe broker to trade. The company is regulated by reputable ASIC in Australia and top-tier FCA.

AxiTrader offers flexibility between account types and pricing models, education and platforms is rather limited, but research tools are on a good level.  

We recommend AxiTrader for technical traders, scalpers and EAs traders who prefer MT4 platform