Summary
| Pros | Cons |
|---|---|
| Well Regulated Broker | FX specialist - limited selection of markets |
| Good Selection of Risk Management Tools | No prorpretary platform only MT4 |
| Excellent Education Resources | Limited News and Research |
Regulation & Security
Website: https://www.axi.com/uk
Trading Name: AxiTrader
Regulation: FCA | ASIC | DFSA | SVG
Risk Warnings: 65.6% of retail investor accounts lose money when trading CFDs with this provider
Established: 2007
Number of Employees: 100+
Head Office Location: Sydney and London
Listed Company: Private
FBS Balance Protection: FSCS £85,000 and £1m Insurance Protection
Segregated Funds: Yes
Peer Review: Trust Pilot Excellent Rating from 132 reviews.FXP 2.98 from 118
Markets
| Market Type | Number of Markets | Leverage |
|---|---|---|
| FX | 80+ | Upto 30:1 |
| Indices | 31 | Upto 20:1 |
| Commodites | 11 | Upto 10:1 |
| Crypto | 6 | 2:1 |
Account Types
| Account Type | Minimum Trade Value | Minimum Deposit | Guaranteed Negative Balance | |
|---|---|---|---|---|
| Mini account | tbc | |||
| Standard account | ✓ | 0.01 | tbc | ✓ |
| Islamic account | ✓ | 0.01 | tbc | ✓ |
| Professional account | ✓ | 0.01 | tbc | ✓ |
| Corporate account | ✓ | 0.01 | tbc | ✓ |
| Demo | ✓ | 0.01 | N/A | ✗ |
| Social + Copy Trading | PysQuation | |||
| Stock Broking | ✗ | |||
| Ready Made Portfolios | ✗ | |||
| Regular Saving Investment | ✗ |
Funding & Withdrawals
| Credit cards | Debit Cards | Bank Transfer | PayPal | Skrill | Payoneer | Neteller | Crypto Currencies |
|---|---|---|---|---|---|---|---|
| ✓ | ✓ | ✓ | ✗ | ✓ | ✗ | ✓ | ✗ |
Withdrawals: 1-5 business days
Pricing & Execution
Major Markets
| GBP/USD | EUR/USD | USD/JPY | EUR/GBP | FTSE100 | WallSt | German 30 | US 500 |
|---|---|---|---|---|---|---|---|
| 1.2 | 1.2 | 0.9 | 1.1 | 1 | 1.6 | 0.9 | 0.45 |
| Apple | Tesla | Barclays | BP | Bitcoin | Ether | Brent Crude Oil | Gold |
|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | tbc | tbc | 0.45 | 0.4 |
Commissions & Fees
| Overnight Financing | Inactivity Fee | Deposit Fee | Withdrawal Charges | CFD Commissions | Guaranteed Stop Loss | Phone Dealing | Management Fees | Share Dealing Costs | Reinvestment Income Charge | FX Charges | Papter Statements |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yes Libor +-2.5% | No | No | Under $50 | Yes | N/A | No | No | No | No | No | No |
Platforms
| Desktop | Mobile Trading | MetaTrader 4 | MetaTrader 5 | Proprietary Platform |
|---|---|---|---|---|
| ✓ | ✓ | ✓ | ✗ | ✗ |
Charts
| Charting Indicators | Charting Drawing Tools | Trade From Chart | Watchlists |
|---|---|---|---|
| 36 | 23 | ✓ | ✓ |
Risk Management Tools
| Guaranteed stop-loss orders | Market orders | Partially close trades | Limit and stop entry orders | Take-profit orders | Stop-loss orders | Trailing stop-loss orders | Boundary orders | Automatic account close-out | Complete close-out | Last trade in | first out | Largest position margin first | Largest position loss first | Price Alerts | One-click Execution | OCO Orders |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ✗ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Customer Service
| Phone | Live Chat | Forums | FAQs | Multilingual | |
|---|---|---|---|---|---|
| ✓ | ✓ | ✓ | ✗ | ✓ | 14 |
Education Resources
| Demo account | General educational articles | General educational videos | Dedicated Education Centre | Seminar & Webinars | Platform tutorial videos | Trading Community |
|---|---|---|---|---|---|---|
| ✓ | ✓ | ✓ | ✓ | ✓ | 9 | Facebook Trading Circle |
Research & News
| Daily Market Commentary | News Service | Signals | Research | Technical Analysis | Sentiment Analysis | Economic Calendar | Blogs |
|---|---|---|---|---|---|---|---|
| ✓ | ✗ | Autochartist | ✗ | ✗ | ✗ | ✓ | ✓ |
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