Axitrader broker review


AxiTrader is one of the largest and most reputable forex brokers in Australia To see how this broker compares or to have look at our best online broker reviews. Founded in 2007, AxiTrader is owned and managed by a UK based holding company called AxiCorp Ltd., which is also a wholly owned subsidiary of an Australian company called AxiCorp Financial Services Pty Ltd. AxiTrader has built its award-winning reputation on trust and reliability. It is a well regulated entity that falls under the jurisdictions of two leading financial regulatory agencies, the Financial Conduct Authority (FCA authorization number: 509746 ) in the UK and the Australian Securities & Investments Commission (AFSL number 318232 for ASIC’s authorization). Under this scheme, UK based traders can claim up to 50,000 pounds in compensation should AxiTrader ever become insolvent. It draws clientele from all over the world, but it has a very strong client base in Australia.

Markets Offered

AxiTrader offers its clients a wide range of trading products beginning with 80 different currency pairs, including all the major currencies and crosses. Most of the tradable commodities futures are also offered by AxiTrader in the form of CFDs, including gold, silver, palladium, natural gas, and oil. Some of the agricultural commodities are also offered via CFDs. CFDs are also offered for index futures and index cash futures. AxiTrader has also made available for its clients cryptocurrency CDFs for Bitcoin, Litecoin, Dash, and Ripple. AxiTrader does not make market in ETFs, stocks, or bonds. Check out the Best forex brokers and best CFD brokers for more updates.

Account Types

AxiTrader only offers two types of trading accounts, an MT4 Standard account, and MT4 Pro Account. As can be seen in the table below, both types of accounts are very similar with the exception of spreads and commissions that are payable per trade.


Account FeatureMT4 StandardMT4 Pro
Set-up CostsFreeFree
SpreadsFrom 1.0 pipsFrom 0.0 pips
CommissionNone$7 round trip (USD)
Minimum Trade Size0.01 lots0.01 lots
Minimum Deposit$0$0
Markets80+ FX pairs, Metals, CFDs80+ FX pairs, Metals, CFDs
Pricing5 digit pricing5 digit pricing
Trading FeaturesEA optimised for automated tradingEA optimised for automated trading
Mobil TradingYesYes
MT4 Next Generation TradingYesYes
MarginUp to 400:1Up to 400:1
Inactivity FeeNoNo
Free VPSYesYes
Free Auto ChartistYesYes
Demo Account30 Days30 Days
Other Account Features  
Micro accountYesYes

AxiTrader does charge a swap rate for Margin FX Contracts and Futures CFDs. It is a variable rate that is dependent on the currency pair or CFD, the applicable swap rate in the interbank markets for the relevant dates, the size of the position, and the AxiCorp Spread. AxiTrader does not segregate account funds. Islamic accounts, and managed accounts are available. AxiTrader does charge fees for funding and withdraw transactions. For Australian traders, there are no charges for local bank transfer. International bank transfer can cost between $15 to $25. Withdraws can take up to 5 business days. Accounts can be funded and withdraws made by the following methods:

  • Debit and Credit Cards (Visa, Master, Maestro, JCB)
  • Neteller
  • Skrill/Moneybookers
  • Global Collect (only for Australian clients)
  • BPAY (only for Australian Clients)
  • China Union Pay (only for Chinese residents)
  • Bank Transfer
  • Broker to Broker Transfer

Opening an account with AxiTrader is usually completed with 24-hours and requires a valid ID (i.e. passport, driver’s license, or national ID), and proof of address (i.e. bank statement, utility bill, or tax invoice dated within the last three months and issued to your name and address). AxiTrader accepts U.S. clients through its American subsidiary, AxiTrader USA.

Trading Platform

As made obvious by the names of the account types, AxiTrader uses Meta Trader 4 (MT4) as its primary trading platform. MT4 is a very popular platform that is widely used by the forex trading community. It has features and trading tools that accommodate every level of trared from a beginner that is learning the basics, to advanced traders that programs, backtests, and implements sophisticated algorithmic trading systems. There are many online MT4 resources and communities, some free and some not, that can be referred to for assistance in learning and mastering MT4. The AxiTrader MT4 platform allows for the following features and tools. As Mt4 is the standard for many brokers, it’s worth reviewing the Best Trading platform review.

Trading Platform Features and Tools

Platforms & ToolsMT4 StandardMT4 Pro
Stop loss OrdersYesYes
Limit ordersYesYes
One-click tradingYesYes
Trailing stopsYesYes
Expert advisors (EAs)YesYes
Direct market accessYesYes
STP brokerNoNo
ECN brokerYesYes
Market makerYesYes
Price alertsYesYes
Signal tradingYesYes
Charting toolsYesYes
Mobile TradingYesYes
iOS  AppYesYes
Android AppYesYes
Windows AppYesYes


AxiTrader has an entire section of its website dedicated to a trader education center. The center includes tutorials and instructional videos that range from basic to advanced concepts and trading techniques. Also included are various online courses right from basic forex introduction to in depth market analysis and how to improve trading strategies. Additionally, Axitrader also posts daily market updates to helps its clients stay well informed of the markets that it services. Many see Adi trader as a strong contender as the best broker for beginners.

Customer Support

AxiTrader offers 24 hours a day during the entire trading week. Communication with the support team is available by email, live chat or by calling the support team via telephone. Languages supported include Arabic, Chinese, English, German, Hungarian, Italian, Polish, Russian, Spanish, Thai.


  • Offers numerous FOREX CFDs, as well as some CFDs on other instruments. Regulated in both the UK and Australia
  • Offers CFDs  for trading Bitcoin
  • Clients who have an account balance of $1,000+  can upgrade to AxiTrader’s NexGen add-on to the default MT4 trading platform


  • Isn’t a publicly traded company, which means that they don’t have to disclose nearly as much information
  • Traders with less than $1,000 USD in their account will have to use the regular MT4 platform.
Platforms : MT4 & Autochartist
    • Fixed spreads

    • Variable spreads

    • Stop losses

    • Limit orders

    • One-click trading

    • Trailing stops

    • Expert advisors (EAs)

    • Virtual private server

    • Direct market access

    • STP broker

    • ECN broker

    • Market maker

    • Price alerts

    • Signal trading

    • Watchlists

    • Charting tools

    • iOS App

    • Android App

    • Windows App

  • Major Stock markets (US UK Germany)

  • Indices

  • Penny stocks

  • Forex

  • Majors

  • ETF

  • CFDs

  • Bitcoin

  • Commodities

  • ETFs

  • IPO

  • Options

  • Futures

  • Bonds

  • Hong Kong stocks

  • Japanese stocks

  • Listed on Stock Exchange

  • Scalping

  • Hedging

  • Demo account

  • Islamic account

  • Micro account

  • Standard account

  • VIP account

  • Zero spread account

  • Managed account

  • Credit cards

  • Bank transfer

  • PayPal

  • Neteller

  • Skrill

  • Electronic wallets