Alan Draper
Axi is a global brokerage platform trusted by more than 60,000 traders worldwide. The platform offers contracts for difference (CFDs) for everything from forex and cryptocurrency to shares and indices. There’s no minimum deposit to open a new account.
Crypto Trading at Axi
Axi offers CFD trading on 30 of the most popular cryptocurrencies, including Bitcoin and Ethereum. What really sets Axi apart is its leverage options. Traders can apply 200:1 margin to Bitcoin trades, enabling them to trade $40,000 worth of Bitcoin CFDs with just $200 in cash.
There are no commissions on crypto CFD trading at Axi. Standard spreads are just $1.80 per Bitcoin trade and $2.00 per Ethereum trade, making Axi’s fees for crypto trading highly competitive.
Traders don’t need a crypto wallet to buy and sell crypto CFDs at Axi, simplifying the process behind trading cryptocurrencies. All trading styles and strategies are allowed and Axi offers full support for a wide range of expert advisors and automations.
Your capital is at risk. 81.6% of retail investor accounts lose money when trading CFDs with this provider.
Shares, Forex, Commodities & More
Axi also offers CFD trading on 50+ global stock shares and 140+ forex pairs and commodities.
The selection of shares includes major US, UK, and European companies like Amazon, Apple, BP, Deutsche Bank, and more. There’s no commission on share CFD trades and traders can access leverage up to 5:1. Axi also enables trading on 30+ global market indices with leverage up to 30:1. Spreads start from just 0.2 pips.
Axi has more than 70 currency pairs for forex trading, including majors, minors, and exotics. Spreads start from 0.9 pips, putting Axi’s prices below the industry average for major forex pairs like EUR/USD.
Commodities to trade at Axi include energy products like oil and natural gas, metals like gold, silver, and copper, and foodstuffs like soybeans and coffee. Traders can access margin up to 30:1 for commodity trading.
Trading Tools
In addition to offering a wide selection of markets, Axi has an outstanding suite of trading tools to help traders navigate those markets. The brokerage supports MetaTrader 4 for CFD trading as well as Myfxbook for forex trading. Traders can also use the Myfxbook integration to set up automated trading strategies in MT4.
Axi also supports copy trading through a dedicated mobile app. According to Axi, the top 50 traders on the platform have an average all-time return of 263%. There’s no minimum deposit required for copy trading and traders are free to copy as many strategies as they wish.
Additional trading tools include forex VPS hosting for MetaTrader 4, free access to PsyQuation Premium for automated trading, and free access to Autochartist for automated technical analysis.
Your capital is at risk. 81.6% of retail investor accounts lose money when trading CFDs with this provider.
Axi Trading Accounts
Axi currently offers 3 trading accounts: Standard, Pro, and Elite. The Standard and Pro accounts are designed for retail traders and don’t require a minimum deposit. The Elite account is reserved for Professional traders and requires a $25,000 minimum deposit.
The Standard account is a commission-free trading account with spreads starting from 0.4 pips. The Pro account charges commissions of $7 per CFD trade with spreads from 0.0 pips. Markets, trading tools, and leverage are the same across both account types.
Axi supports a wide range of base currencies, including GBP, USD, AUD, CAD, CHF, EUR, HKD, JPY, NZD, and SGD. So, traders have plenty of flexibility to choose the currency that works for them. Traders can also test out Axi with a free 30-day demo.
Trade with Axi Today
Axi offers CFD trading on 30+ cryptocurrencies, 140+ forex pairs and commodities, and 80+ global shares and stock indices. Traders can open an account with no minimum deposit and test out a free demo account with access to all of Axi’s trading tools for 30 days. Sign up for Axi today to get started!
Your capital is at risk. 81.6% of retail investor accounts lose money when trading CFDs with this provider.
This article was written for Business 2 Community by Alan Draper.
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