New Broker Review Added: AxiTrader

3 Days ago we reviewed and added the famous forex broker: AxiTrader to Choosebroker.com.

In this AxiTrader review we are going to look at all the pros and cons of trading with this forex and CFD broker.

AxiTrader is a forex and CFD broker. They give traders access to a broad range of financial instruments and markets like commodities and forex.

To open a live trading account at AxiTrader you need to do a first deposit of just $1 or more. AxiTrader also offers a demo account which you can use to get familiar with the trading platform with.

AxiTrader is regulated by the Financial Conduct Authority, (FRN: 509746), and ASIC (AFSL #318232). AxiTrader segregates their clients money on tier 1 banks. AxiTrader is founded in 2007 and has their head quarters in Australia.

Trading at AxiTrader

AxiTrader Trading Platforms and Apps

AxiTrader offers trading on the famous MetaTrader 4 forex trading platform. To see a list of top MT4 brokers, visit our top MT4 brokers page. The several different platforms are downloadable for both Mac and Windows.

AxiTrader also offers Android and iOS apps which makes trading on the go possible.

You can open a demo account, Micro-Account,Mini-Account, Standard Account, Zero-Spread Acount and Islamic Account. You can fund these accounts by credit card, bank wire transfer, Skrill, Payoneer and Neteller.

As market maker AxiTrader has lower minimum deposit requirements compared to an ECN broker that profits from bigger trading volume and generally more capital. Market makers overall have low requirements to open live accounts and this is also the case with AxiTrader, where you can open a live account from just $1.

AxiTrader promises no requotes, so you don’t have to worry about slippage at AxiTrader (the case when orders are being executed for a different price than you actually bought it at).

Like most brokers, the margin requirements are depending on the trader, account type and traded assets, but at AxiTrader margin requirements can be as low as just 1%.

AxiTrader Review

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