If you are a new in trading and you want a platform, then axi is one of the best platforms in South Africa. You need to log in today and decide if Axitrader South Africa is good for you?
It is an Australian platform, but you can also perform trading if you use an Axi south Africa account, UK or UAE account.
Table of Contents
WHAT IS AXI?
Axitrader South Africa research shows that it was formed in 2007. It was originated in Australia, but it also has an office in London. AxiTrader’s primary focus is on retail investors and the distribution of financial products.Â
Its registered members are about 40,000 in more than 100 countries, and one client can trade about $100 billion in a month. To handle axi account doesn’t need any trading knowledge.
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AxiTrader is a modern Forex broker with values based on honesty, transparency, and trust. This broker offers the best pricing and trading technology.
Account Opening
- To open an axitrader South Africa account is easy and quick. Here are some steps to open an axi account.
- Open Axi website. An application form will appear containing your full name, email, and other necessary information.
- Enter you detailÂ
- Enter your desired currency, your job status, and ID
- Answer the required questions. It can be about your income, your savings, and your knowledge of trading
- Enter your ID and your current address. For Id, you can provide a national ID card or passport number.
Unique Features
- Axitrading South Africa is distinguished by a number of distinctive characteristics. These are the areas that are covered.
- Axi provides a third-party platform, such as PsyQuation, for its customers. This is done so that users can minimise their mistakes and learn to be successful traders.
- API trading is another feature of Axi that allows users to connect to a more sophisticated trading solution.
- Axi provides virtual private server (VPS) hosting.
- It incorporates the Autotrade features of MT4 and Myfxbook.
- The Axiselect programme awards $350,000 in funds to the most talented members of the axi organisation.
AXI FEES
Axi trader south Africa doesn’t charge a fee upon withdrawal and deposit, and there is no minimum deposit amount.
However, the Pro account of MT4 requires only a $7 fee on each deposit and withdrawal, compared to the standard account’s zero fee policy on deposits and withdrawals.
It does not charge a fee if a member is not actively participating. However, they charge a swap fee as well as a rollover fee.
Islamic or Swap-free accounts are available from AxiTrader, which does not charge swap fees on major and minor FX pairs or Precious Metals symbols like gold and silver.
Conclusion
Axitrader South Africa has a good experience while depositing or withdrawing any amount.
The major advantage of axi pro is it lows spreads the instrument that is traded with Bitcoin. The brokers on Axi can fastly withdraw and deposit funds.
Axi, on the other hand, has a limited number of tradable instruments, approximately 130, and does not offer ETFs or stocks, which is a disadvantage.
If you are a new trader, then Axitrader South Africa is the best option for you if it is available to you.
