AXI Rating Review -Using Formula V.4.0.
AXI Rating Summary
The sum of each Main Factor of AXI Rating Analysis (1, 2, 3, 4)
| AXI RATING SUMMARY | |||
| MAX | ACHIEVED | (%) | |
| 1. Safety of Funds | 26.00% | 23.20% | 89.23% |
| 2. AXI Cost of Transaction | 28.00% | 23.00% | 82.14% |
| 3. AXI Trading-Options | 26.00% | 20.00% | 76.92% |
| 4. AXI Technological Efficiency | 20.00% | 14.00% | 70.00% |
| Overall Rating | 100.00% | 80.20% | 80.20% |
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AXI Full Rating Analysis
Analysis of each Sub-Factor forming AXI total rating result.
| RATING ANALYSIS: AXI | ||||
| TOTAL RATING | 100.0% | AXI | ||
| Weight Analysis | Factor Analysis | 80.20% | ANALYSIS | |
| 1. AXI SAFETY OF FUNDS | 26.00% | RATING WEIGHT | 23.20% | AXI Credibility Analysis |
| 1.1 AXI Level of Regulation | 12.00% | FSC (BVI) = 1.0%, | CYSEC = 3.0%, | FFMS = 3.0%, | RAFMM = 3.0%, | CBI = 4.0%, | ASIC = 4.0%, | FSC (NZ) = 4.0%, | FCA (UK) = 6.0%, | BAFIN = 6.0%, | NFA = 6.0%, | CFTC = 6.0%, | FINMA = 8.0% | and MiFID = +4.0% | 10.00% | AXI is regulated by FCA(UK) =6% and ASIC=4%, Total = 10.0% |
| 1.2 AXI Headquarters Base | 5.00% | General Offshore = 0%, Cyprus , Latvia = 2.0%, Ireland, Spain, Italy, Belgium, Israel = 3.0%, Canada, Australia, New Zeeland = 4.0%, USA, UK, Germany, Scandinavian, France, Switzerland = 5.0% | 5.00% | AXI is based in Australia and the United Kingdom =5.0% |
| 1.3 AXI Years in the Market | 5.00% | 0-1 Years = 0 %, 2-5 Years = 2.0 %, 5-10 Years = 4.0 %, 10+ Years = 5.0 % | 5.00% | AXI was founded in 2007 (10+ years) = 5% |
| 1.4 AXI Segregated / Bank Accounts | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Yes, AXI provides Segregated Bank Accounts to all clients = 2.0% |
| 1.5 AXI Web Ratings (Usage for differentiating results) | 2.00% | ForexPeaceArmy Rating = 1.0 %, | EarnForex Rating = 1.0 % | 1.20% | AXI FX FPA=2.8 / 5.00 & Earn Forex= 6.4 /10.00, Total= 6.0 / 10.0 = Rating 1.2% |
| 1.6 (+) ADJUSTMENTS | ||||
| 1.6.1 Size Factor | 1.00% | More than 1 Million Active Traders = +1.0 % | 0.00% | Criteria not met = 0% Rating |
| 2. AXI TRADING COST | 28.00% | RATING WEIGHT | 23.00% | AXI Competition Analysis |
| 2.1 AXI Typical Spread on EURUSD | 8.00% | < 0.3 pip = 8.0%, | <0.4 pip = 7.5%, | < 0.5 pip = 7.0%, | <0.6 pip = 6.5% | <0.7 pip = 6.0%, | <0.8 pip = 5.5%, | <1.0 pip = 5.0%, | < 1.25 pip = 4.5, | < 1.5 pip = 4.0%, | <1.75 pip = 3.5%, | >2 pip = 3.0%, | < 2.5 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 8.00% | Typical EURUSD spread is 0.1 pip (tested account type is PRO account) = 8% |
| 2.2 AXI Typical Spread on GBPUSD | 5.00% | < 1.0 pip = 5.0%, | <1.25 pip = 4.0%, | < 1.5 pip = 3.0%, | < 1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.25 pip = 1.5%, | < 2.5 pip = 1.0% | < 3 pip = 0.5% | 5.00% | Typical GBPUSD spread is 0.4 pip (tested account type is PRO account) = 5% |
| 2.3 AXI Typical Spread on USDJPY | 4.00% | < 1.0 pip = 4.0%, | <1.25 pip = 3.5%, | < 1.5 pip = 3.0%, | <1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 4.00% | Typical USDJPY spread is 0.2 pip (tested account type is PRO account) = 4% |
| 2.4 AXI Trading Commissions | 7.00% | No Commissions = 7% | Commissions < $5 / lot = 3% | Commissions < $8 / lot = 1% | Higher Commissions = 0% | 1.00% | $7 / full-traded lot trading commissions (tested account type is PRO account) = 1.0% |
| 2.5 AXI Deposit / Withdrawal Commissions | 2.00% | No = 2.0 %, | Yes = 0 %, | 1-Free / Month = 0.5 % | 1.00% | No withdrawal Commissions charged by AXI = 2.0% |
| 2.6 AXI Maintenance and Inactive Fees | 2.00% | No = 2.0 %, | Yes = 0 % | 2.00% | No Inactive Fees or similar Commissions charged by AXI under 50 USD = 1.0% (half points) |
| 2.7 (+) ADJUSTMENTS | ||||
| 2.7.1 AXI Execution | 2.00% | ECN = +2.0 % / STP = +1.5 % | Market Makers = +0.0% | 2.00% | ECN / STP Forex Orders Execution = +2% |
| 3. AXI TRADING OPTIONS | 26.00% | RATING WEIGHT | 20.00% | AXI Trading Analysis |
| 3.1 AXI Forex Asset Index | 8.00% | 45+ Currency Pairs = 8.0%, | 40+ Currency Pairs = 7.0%, | 35+ Currency Pairs = 6.0%, | 30+ Currency Pairs = 5.0%, | 25+ Currency Pairs = 4.0%, | 20+ Currency Pairs = 3.0%, | 15+ Currency Pairs = 2.0%, | 10+ Currency Pairs = 1.0%, | Less than 10 pairs = 0% | 8.00% | AXI offers 45+ Forex Currencies = 8.0% |
| 3.2 AXI CFD and Spot Trading | 2.00% | CFD Trading = 2.0 % | Only Spot = 1.0 % | Nothing = 0% | 2.00% | AXI offers CFD contractss = 2.0% |
| 3.3 AXI Demo / Practice Account | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | A demo account is available at AXI = 2.0% |
| 3.4 Leverage at AXI | 2.00% | >100:1 = 2.0%, | > 75:1 =1.5%, >50:1 = 1.0% | 2.00% | 400:1 max Trading Leverage at AXI = 2.0% |
| 3.5 AXI Bonus & Rebate | 6.00% | 0.00% | ||
| 3.5.1 AXI Bonus (%) | Bonus (Higher or Equal): >50% = 6%, | >40% = 5%, | >30% = 4%, | >20% = 3%, | >15% = 2%, | >10% = 1% | 0.00% | No Welcome Bonus Policy by AXI | |
| 3.5.2 AXI Rebate (%) | Rebate (Higher or Equal): >30% = 6%, | >25% = 5%, | >20% = 4%, | >15% = 3%, | >10% = 2%, | >5% = 1.0% | 0.00% | ||
| 3.6 AXI Minimum Deposit | 1.00% | Min Deposit < $500 = +1%, | Min Deposit < $1,000 = +0.5% | 1.00% | Minimum Deposit is $10 = 1.0% |
| 3.7 AXI Fund / Deposit Methods | 2.50% | For each deposit method available = 0,5%, max = 5 methods | 2.50% | 5 fund methods by AXI = 2.5% |
| 3.8 AXI Fund / Withdrawal Methods | 2.50% | For each withdrawal method available = 0,5%, max = 5 methods | 2.50% | 5 fund methods by AXI = 2.5% |
| 3.9 (+) ADJUSTMENTS | ||||
| 3.9.1 Offering 100+ Currency Pairs | 1.00% | Yes = 1.0 % / No = 0 % | 0.00% | 45+ Forex Currencies = +0% |
| 3.9.2 Interest on Funds | 0.50% | Yes = 0.50 %, No = 0.0 % | 0.00% | No interest on client funds by AXI = +0% |
| 3.9.3 AXI Competitions / Championships | 0.25% | Yes = 0.25 % / No = 0 % | 0.00% | No Competitions are available = +0.0% |
| 4. AXI TECHNOLOGICAL EFFICIENCY | 20.00% | RATING WEIGHT | 14.00% | AXI Technology |
| 4.1 AXI Available Platforms | 5.00% | Each Supported Platform = 1.0%, max = 5 platforms | 1.00% | AXI offers only MT4 = 1.0% |
| 4.2 AXI Slippage | 4.00% | Slippage < 0.5 pip = 4.0% | Slippage < 0.75 pip = 3.5% | Slippage < 1 pip = 3.0% | Slippage < 1.25 pip = 2.5% | Slippage < 1.5 pip = 2.0% | Slippage < 1.75 pip = 1.5% | Slippage < 2.0 pip = 1.0% | 2.50% | Below 1.25 pip = 2.5% |
| 4.3 AXI Automated Trading | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | Yes, AXI allows Expert Advisors = 2.0% |
| 4.4 AXI MT4 / MT5 Availability | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | MT4 platform is available at AXI = 2.0% |
| 4.5 AXI Mobile Trading | 2.00% | Each Supported Device = 0.50 % (iPhone, iPad, Android, Windows Mobile, Blackberry), max = 4 devices | 1.00% | MT4 App for iPhone and Android = 1.0% |
| 4.6 AXI Scalping / Hedging Policy | 1.00% | Yes both = 1.0 % | Yes only Hedging or Scalping = 0.5% | No = 0 % | 1.00% | Yes to both = 1.0% |
| 4.7 AXI Customer Service | 4.00% | 24/7 = 1.0 %, | 24/6 = 0.5 %, | 24/5 = 0 %, | email = 1.0%, | Phone = 1.0 %. | Live Chat = 1.0 %, | Skype = 0.5 %, | Call-Back = 0.5 % | 3.50% | 24/5 Customer service = 0%, Email, Phone, Live Chat, Callback = 3.5% |
| 4.8 (+) ADJUSTMENTS | ||||
| 4.8.1 AXI PAMM / Managed Accounts | 0.50% | PAMM = 0.5 % / Simple Managed = 0.25%, No = 0 % | 0.50% | PAMM accounts are available = +0.5% |
| 4.8.2 AXI API Trading | 0.50% | Yes = 0.5 % / No = 0 % | 0.50% | FIX/API trading is available = + 0.5% |
AXI Special Metrics
These are the special metrics for AXI according to the three categories of trading experience. The rating results are based on the different weights of the same formula.
| AXI RATING SPECIAL METRICS | |
| (based on sub-formulas) | RATING (100%) |
| AXI Overall Rating | 80.20% |
| Forex Beginners | 78.25% |
| Advanced Traders | 79.38% |
| Pro Traders | 80.51% |
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