AXI ECN Forex Review

ECN/STP Forex Broker Review: AXI

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AXI REVIEW

AXI General Info

Company Name: AXI is the Trading Name of AxiCorp Limited, registered in England and Wales (06378544)

AXI Offices: AXI maintains headquarters in the United Kingdom and in Australia

AXI Regulation: Financial Conduct Authority (Reference Number 509746) and ASIC (Reference number 318232)

AXI Foundation: AXI was found in 2007

Online since AXI is online since 2008

US Clients: AXI doesn't allow US Traders (NO)

Islamic Accounts: AXI offers provides SWAP-Free Accounts (YES)

AXI Execution Type: ECN/STP

AXI Customer Support: AXI 24/5 Customer ServiceAXI PHONE SUPPORTAXI LIVE CHAT

» Visit the AXI Website

AXI Trading Info

AXI Server Time Zone: GMT+3

AXI Typical Spread: 0.1 pip on EUR/USD, and $7.0 trade commissions per full-traded lot

AXI Leverage: AXI maximum leverage is 30:1

AXI Minimum Lot Size: 0.01 (micro-lot for beginners)

AXI Scalping: (YES) it is allowed by AXI

AXI Hedging: (YES) it is allowed by AXI

Automated Trading: (YES) it is supported, plus AXi offer a FIX/API and a Free VPS (requires 20 lots in monthly volumes)

AXI Minimum Account: Minimum account at AXI is just 10 USD

AXI Account CurrenciesUS dollar, Euro, Great Britain pound, Australian dollar, Canadian dollar, Japanese yen, Hong Kong dollar, New Zealand dollar, Singapore dollar, and Swiss franc

AXI Deposit Methods: AXI Bank WireAXI Credit CardsAXI Offer DEBIT CARDSSKRILLNetteller, plus BPay

AXI Withdrawal Methods: AXI Bank WireAXI Credit CardsAXI Offer DEBIT CARDSSKRILLNetteller, plus BPay

 

AXI Asset Index & Forex Currency Pairs

AXI on the Standard Account offers:

  • 50+ Forex Pairs (All Majors and Minors, plus many Exotic pairs):
  • Cryptocurrency Pairs
  • Over 10 Stock Indices
  • Spot Metals (Gold and Silver against the US Dollar)
  • Energies, Industrial Metals, and Soft Commodities

 

AXI Platforms

PsyQuation is built with Artificial Intelligence and Machine Learning it continuously analyses your trading style and performance..Desktop Platforms: AXI offers only the classic MetaTrader4 desktop platform

WebTrader: MT4 WebTrader

  • One-click trading
  • 9 timeframes & Advanced analysis tools
  • PSYQuation (check below for more information)

AXI Mobile Trading: AXI offers MT4 app for iPhone and Android

AXI ANDROIDAXI Offers App for iPhone

AXI Web-Site Languages: English, Arabic, Chinese, Dutch, German, Hungarian, Indonesian, Italian, Polish, Thai, and Vietnamese

 

AXI Free Education

  • PsyQuation (Innovative AI & Machine Learning using trading data, powerful performance analytics, progress tracking)
  • General Forex video tutorials (instructional videos) 
  • MT4 installation guides, Trading Orders, and Backtesting 

» AXI Real and Demo Trading Accounts

AXI Pros and Cons

AXI PROS

AXI.com PROS

AXI CONS

AXI.com CONS

√ 50 Forex pairs, Cryptocurrencies, Indices, Commodity Assets X Only offers MT4
√ ECN Trading Account with as low as $1,000
 
√ Very tight spreads  
√ Low deposit requirements and micro lot account for beginners
 
√ A free VPS (for a 20 lot minimum monthly volume)
 
√ Automated Trading and FIX/API  
√ Autochartist  
√ PAMM Accounts are also available  
√ PsyQuation (Innovative AI & Machine Learning Tool)  

 

AXI COM BANNER

 

 AXI RATING -Using Formula V.4.0.

Total AXI Rating

Sum of each individual 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%

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 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%

» Full AXI Rating at FxPros

 

AXI Review -Conclusions

Founded in 2007, AXI is an ECN/STP broker headquartered in the UK and Australia and regulated by FCA UK and ASIC.

AXI offers a multilingual website and very responsive  24/5 customer support. AXI provides only the MT4 in three versions (Desktop. WebTrader, and Mobile App) and fully allows scalping, hedging, and automated trading. Mobile trading is provided for iPhone and Android devices. They also offer free VPS, FIX/API, and Autochartist. PAMM Accounts are optional, and there are also free education and the PsyQuation tool which is designed to help traders track their real performance.

There are two (2) main account types and the minimum deposit is just $10. The ECN account requires a minimum deposit of $1,000. The trading leverage can be up to 30:1.

    • (1) Cent Account {$10 minimum deposit}
    • (2) Pro Account {$1,000 minimum deposit}

The great advantage of trading with AXI is the very tight spreads start as low as 0.1 pip on EURUSD plus $7.0 trade commissions. The asset index is wide and includes over 50 Forex pairs, cryptocurrencies, Gold and Silver against the USD, over 10 stock indices, industrial metals, energies, and a few soft commodities.

The fund methods available include Debit/Credit Cards, Bank Wire, Neteller, BPay, and SKRILL. Overall, AXI is a very good ECN broker that meets the needs of advanced and professional Forex traders, and especially as concerns automated traders.

» Visit the AXI Website

 

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