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Axitrader Broker Review

FX Author By Jeffrey Cammack Author Information Updated: July 4, 2020
Overall Rating
4.53 4.53 / 5
Min. DepositUSD 5
Max. Leverage500:1
Min. Spread0.1 pips
Regulators FCA,ASIC,DFSA
Regulator Origin FCA ASIC DFSA
Trading Desk Type

Summary

AxiTrader is an Australian ECN broker with tight spreads, no minimum deposit and a focus on creating a comfortable environment for serious traders. Axitrader has received strong industry recognition for their professional setup including Best MT4 Broker 2018 (Compare Forex Brokers Australia) and Best MT4 Provider 2018 (UK Forex Awards).

An Islamic option is available on both trading accounts, as is free AutoChartist; and a free VPS service once you hit a minimum trading volume.

Reviews

Regulation 11111
Trading Conditions 11110.5
Trading Platforms 11110.5
Deposit & Withdrawal 11110.5
Education & Research 11110.5
Assets Available 11110.5
Customer Service 11110
Beginner Friendly Good
Bonuses
Our Review Process

Trading Conditions

Minimum DepositUSD 5
Base currenciesUSD, EUR, GBP, AUD
Number of FX Pairs80+
Hedging Allowed Yes
Scalping Yes
Islamic Account Yes

Average Spreads

EUR / USD0.44
GBP / USD0.85
USD / JPY0.62

Company Details

Company nameAxiCorp SA Limited
Founded2007
Website www.axitrader.com/uk
Type ECN/DMA
Regulators FCA,ASIC,DFSA
Office locations South Africa, Australia, United Kingdom, Singapore, Dubai, Philippines, China, New Zealand

Deposit & Withdrawal Methods

Supported Platforms for Axitrader

Alert Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 11110.5 4.53 / 5 11110.5 4.54 / 5 1110.50 3.60 / 5
Minimum DepositUSD 5USD 100USD 1000
Regulation
FCA FCA
ASIC ASIC
DFSA DFSA
CySEC CySEC
FCA FCA
FSA-Seychelles FSA-Seychelles
FCA FCA
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, Metals, WTIsCryptocurrencies, Forex, Indicies, Metals, Equities, Bonds, WTIsCommodities, Cryptocurrencies, Forex, Equities, Bonds, Futures
Forex Pairs80+60+78
Crypto Pairs115
Pros
  • Low minimum deposit
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Tight spreads
  • Well regulated
  • Fast and free withdrawals
  • Wide range of assets
  • Great platform choice
  • Wide range of assets
Cons
  • Poor customer service
  • Limited demo account
  • MT4 only
  • High minimum deposit
  • Limited education
  • Poor customer service
Read Full Review Read Full Review
Regulation 11111 5 / 5 11111 5 / 5 11110 4 / 5
Trading Conditions 11110.5 4.5 / 5 11111 5 / 5 11110 4 / 5
Trading Platforms 11110.5 4.5 / 5 11110 4 / 5 11110.5 4.5 / 5
Deposit & Withdrawal 11110.5 4.5 / 5 11110.5 4.5 / 5 11100 3 / 5
Education & Research 11110.5 4.5 / 5 11110.5 4.5 / 5 11000 2 / 5
Assets Available 11110.5 4.5 / 5 11110.5 4.5 / 5 1110.50 3.5 / 5
Customer Service 11110 4 / 5 11110 4 / 5 11100 3 / 5
% Lose with this broker 67.7% of retail investor accounts lose money when trading CFDs with this provider 73% of retail investor accounts lose money when trading CFDs with this provider 77% of retail investor accounts lose money when trading CFDs with this provider
Leverage500:1500:1400:1
Spread0.1 pips0.0 pips1.7 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • MT4 Standard Account (Mini)
  • VIP (Vip)
  • Standard (Professional)
Islamic Account Yes Yes Yes
Trading Platforms MT4 , MT5 MT4 AdvancedTrader, MT4 , MT5
Funding Methods Visa, Mastercard, Maestro, Skrill, Neteller, Bank Transfer Bank Transfer, Visa, Mastercard, Skrill, Neteller, SticPay, Unionpay, Fasapay Bank Transfer, Visa, Mastercard, Unionpay
Trading Commission 7 USD / lot - PRO account 4 USD / lot - Pro Account Fees Included in Spread
Clear all brokers Clear all brokers

Axitrader

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Overall Rating 11110.5 4.53 / 5 11110.5 4.54 / 5 1110.50 3.60 / 5
Minimum DepositUSD 5USD 100USD 1000
Regulation
FCA FCA
ASIC ASIC
DFSA DFSA
CySEC CySEC
FCA FCA
FSA-Seychelles FSA-Seychelles
FCA FCA
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, Metals, WTIsCryptocurrencies, Forex, Indicies, Metals, Equities, Bonds, WTIsCommodities, Cryptocurrencies, Forex, Equities, Bonds, Futures
Forex Pairs80+60+78
Crypto Pairs115
Pros
  • Low minimum deposit
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Tight spreads
  • Well regulated
  • Fast and free withdrawals
  • Wide range of assets
  • Great platform choice
  • Wide range of assets
Cons
  • Poor customer service
  • Limited demo account
  • MT4 only
  • High minimum deposit
  • Limited education
  • Poor customer service
Read Full Review Read Full Review
Regulation 11111 5 / 5 11111 5 / 5 11110 4 / 5
Trading Conditions 11110.5 4.5 / 5 11111 5 / 5 11110 4 / 5
Trading Platforms 11110.5 4.5 / 5 11110 4 / 5 11110.5 4.5 / 5
Deposit & Withdrawal 11110.5 4.5 / 5 11110.5 4.5 / 5 11100 3 / 5
Education & Research 11110.5 4.5 / 5 11110.5 4.5 / 5 11000 2 / 5
Assets Available 11110.5 4.5 / 5 11110.5 4.5 / 5 1110.50 3.5 / 5
Customer Service 11110 4 / 5 11110 4 / 5 11100 3 / 5
% Lose with this broker 67.7% of retail investor accounts lose money when trading CFDs with this provider 73% of retail investor accounts lose money when trading CFDs with this provider 77% of retail investor accounts lose money when trading CFDs with this provider
Leverage500:1500:1400:1
Spread0.1 pips0.0 pips1.7 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • MT4 Standard Account (Mini)
  • VIP (Vip)
  • Standard (Professional)
Islamic Account Yes Yes Yes
Trading Platforms MT4 , MT5 MT4 AdvancedTrader, MT4 , MT5
Funding Methods Visa, Mastercard, Maestro, Skrill, Neteller, Bank Transfer Bank Transfer, Visa, Mastercard, Skrill, Neteller, SticPay, Unionpay, Fasapay Bank Transfer, Visa, Mastercard, Unionpay
Trading Commission 7 USD / lot - PRO account 4 USD / lot - Pro Account Fees Included in Spread

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Alert Most retail CFD accounts lose money. Your capital is at risk.

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