So, take a seat, grab a cup of coffee, and dive in to learn about Axitrader and how it can benefit you or if Axitrader is not for you. Reach out to organizations like CNC Intelligence, experts in cryptocurrency tracing, who offer recovery support through advanced blockchain forensics. Moreover, given that these VPSs are located in high speed datacentres, you have very little latency when it comes trade execution.

Some of the reviewers who bill Axi a scam are apparently shady online operators promising scam victims to recover their monies. They have apparently taken to “advertising” their services through these review sections. Axi offers a comprehensive instructional program, which makes it a great alternative for new traders. The third-party PsyQuation trade statistics program is also a useful resource for growing traders. Individual users receive Negative Balance Protection, which guarantees they will not lose more than what they’ve invested with AxiTrader. To minimize confusion, customers have a single brokerage account with AxiTrader but can have many subsidiary profiles in the shape of trading software logins.

Whether you’re a beginner looking for something simple or a pro who wants top-tier security, we’ve got you covered. From hot wallets for quick access to cold wallets for ultimate protection, here are the nine legit Bitcoin wallets to keep your crypto safe and sound this year. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East.

Axitrader withdrawal and funding methods

Also, scammers use on TikTok videos where they tell tales about free Bitcoin Giveaway from Elon Musk using a Promo Code. Don’t be fooled, this is also a scam with a phishing site for stealing cryptocurrencies. Fraudsters in the guise of a support service will lure money from you under various pretexts (commission, verification, taxes, etc.) so that you can withdraw these bitcoins. Naturally, if you pay, you will not receive anything, the scammers will use pre-fabricated reasons to get you more money, and will do this until you realize that you are being scammed. One of the many bonus features that AxiTrader offers its active clients is Autochartist. This tool continuously scans markets and automatically recognizes setups for trades based on the resistance and support levels.

AxiTrader Review: Complete Broker Overview

Furthermore, using this platform gives you the potential ability to receive mentoring and funding via the AxiSelect program. The use of MT4 forex trading signals makes it possible to trade axitrader review at any time of the day. Since the trades are completed automatically, they can occur even if you are not at the trading terminal. The sentiment indicator gives you insights into live market trends.

AxiTrader is recognized for its credibility, offering low-risk Forex trading opportunities. It is not a scam, underscored by its endorsements for trustworthiness. The broker is governed by leading regulatory bodies, ensuring client protection and compensation mechanisms in the event of insolvency. Cryptocurrency related information and/or services were detected on this website such as digital exchanges, bitcoin-mining or investments into crypto-coins. We recommend you read our article How to check if a cryptocurrency site is legit or a scam..

Axi Forex Broker Review

By doing so, traders can trade with peace of mind, knowing that Axitrader losses are limited to the funds available in your Axitrader account when negative balance protection is in place. Axitrader provides a demo account that enables individuals to explore trading before investing their funds. By creating a Axitrader practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Axitrader demo account can help individuals to make informed decisions before investing their money.

• Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.
• Trading Bitcoin CFDs let you utilize leverage and do not require owning the coin or a cryptocurrency wallet.
• Since then, the company has risen and has grown to be one of the largest and leading Forex brokers in the world.
• Every trader is unique, and you should know by yourself which works for you.
• So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account.
• It has a real-time charting feature that allows you to choose how you would like to view data.

What funding methods do Axitrader accept?

The site is merely a facade designed to collect deposits into the scammers’ wallets. Once they have accumulated enough funds, the site disappears, leaving victims with no recourse to recover their money. Axitrader.org is a fraudulent cryptocurrency trading platform that’s currently being promoted through a sophisticated scam across various social media channels.

AxiTrader clients with experience can also use the MT4 forex trading signals as a way to share their strategies. If you develop your own trading signals, you can allow others to follow them. The session map is interactive and displays the opening and closing times around the world markets. There is also a convenient mini-manager, so you can enter or exit trades faster. It also lets you easily and quickly apply more complex order types.

It was also recognized as the Most Recommended Forex Provider in Australia in the Investment Trends Dec 2013 Australia FX Report. The same report also named AxiTrader as the winner for customer support. For those who prefer video analysis, AxiTrader also has videos outlining market updates. These feature AxiTrader experts and include the most relevant information for traders.

• Scammers might threaten to expose your personal information obtained from Axitrader.org to extort more money.
• These scammers maintain a collection of video templates and website designs, readily swapping in new details such as updated branding, giveaway amounts, and celebrity faces.
• Of course, there may be other fees that are applied by third party payment processors and banks.
• Traders who like to develop their own trading algorithms and Expert Advisors usually tend to purchase a VPS server to run their scripts on.
• Even if an Axitrader trader experiences a significant loss, they will never owe more money than what is available in their Axitrader account balance.
• This is a direct result of access to the major markets in New York, Tokyo, and London.

How Do You Open a Live Account With AxiTrader?

Secondly, although they do offer cryptocurrency trading, the margin levels are very disappointing. With an 80% margin on all crypto pairs, it means that you are only getting an effective leverage of about 1.25x. For those traders who want more leverage they should try the likes of IQ Option and Plus500. Once you have created an account at Duplitrade these signals will be sent directly to your Axi trading account in the MT4 interface. It will also give you tools in order to better analyse the returns of the other traders on the platform.

We identified an SSL certificate meaning that the data shared between your browser and the website is encrypted and cannot be read by others. Unfortunately scammers increasingly also use SSL certificates so it is no guarantee that you are visiting a reliable website. This can be considered low in relation to other websites from the website’s country.

As such, the platform understands the features traders want and aims to deliver them. AxiTrader gives clients access to MetaTrader 4, which is perfect for trading indices, commodities, and forex. Since Axi was founded by traders for traders, the firm understands the importance of costs and fees in trading.

There are other administrative charges that you may incur which include things like sending duplicate statements as well as debt collection charges. AxiTrader seems to be fairly transparent with their fees and have a similar fee model to a range of other brokers in the industry. Earn More Cash Today is dedicated to empowering individuals with the knowledge and resources to make informed decisions about online income opportunities. We provide in-depth reviews and expose scams, helping you navigate the complex world of online earning.

Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities. We hope you found our review of the Axitrader brokerage firm useful. It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. Like other brokers, Axitrader margin requirements can differ depending on the traded instrument.