AxiTrader Review
Choosing a broker can be a daunting task for many because of the sheer number of options you will find. Every broker claims to be the best at what they do, so how do you pick one? The fact is that it is very easy to make big claims, but actually fulfilling them is a completely different story altogether. You don’t want to suffer from the scams you have heard about and neither do you want to put your confidential and personal information at risk. But, who should you trust? In your search for the best broker, you will find the name of AxiTrader repeatedly frequently.
This broker has been part of the industry for nine years and was formed by a team of experts who have been part of the trading world for a long while. Therefore, AxiTrader has everything that any trader may need to enjoy seamless trading. If you are wondering what makes this broker different than the rest, take a look at some of its offerings mentioned below:
Signing up with the broker is quite hassle-free
When you decide to go ahead with AxiTrader, you want to sign up as quickly as possible in order to get started. The broker doesn’t have lengthy forms for you to fill out or time consuming paperwork to be dealt with. You just need to give some basic details, like your name, email address, phone number, username and password. You just have to ensure all information is correct so you don’t have any problems later on. It takes only a few minutes for you to register yourself.
The broker allows you to trade many financial instruments
AxiTrader has added more than 1,000 trading instruments to its asset index. This means that it allows you to trade in different financial markets of the world. You can choose the asset you wish to trade, depending on your risk tolerance. There are low volatile options, such as commodities and stocks and there are volatile options, such as indices and the forex market. Moreover, the broker has also kept up with market changes and has incorporated cryptocurrencies in its offerings so you don’t have to switch brokers later on when you wish to expand your investment.
Trades are executed quickly and in real-time
How do you trade via a broker? They offer you a trading platform from where you conduct your transactions. AxiTrader has also developed its own trading platform for its customers. It is a web-based trading platform, which is extremely easy to use for everyone. Even if you are new to trading and haven’t used any trading platform before, you will not have a problem in getting acquainted with it. You don’t need to download or install it and everything is easily accessible. The best part is that you can execute your trades very quickly and they are reflected in real-time so you can stay updated about your open positions.
The broker offers impressive spreads and leverages
The cost of trading with a broker is not something you can take lightly because it will impact your bottom line at the end of the day. If the broker has too many costs and charges, you will not be left with much and this can be very discouraging. The spreads and leverages offered by a broker will tell you how much you will have to pay and how much you need to invest on every trade. The spreads refer to the difference between the buy and sell price of an asset, which is taken by the broker. AxiTrader has very tight spreads, which means your costs are minimal.
Leverage, on the other hand, refer to the amount a broker invests in every trade you make. AxiTrader offers you a different leverage for every instrument, depending on its volatility. In most cases, it is 1:200, which is quite substantial and allows you to enjoy high returns.
You can enjoy peace of mind
With the increasing security concerns and the rising number of scams, it is difficult for people to trust anyone with their sensitive information. You don’t want to be a victim of identity theft and you certainly don’t want your funds to be compromised either. AxiTrader is dedicated to helping its customers enjoy peace of mind and remain stress-free. Therefore, it has opted to use the highest standard of security measures for keeping out unauthorized individuals and third parties.
The best SSL protocols are used, along with firewalls, to prevent hackers and other criminals from accessing any information stored on the broker’s servers. They also use 256-bit encryption for keeping every single piece of data that’s entered by their customers under wraps. A decryption key is required to understand the information, which is not shared with any unauthorized parties. As far as your funds are concerned, the broker maintains segregated accounts for customer funds to prevent any discrepancies and misappropriation.
A KYC (Know Your Customer) policy and AML (Anti-Money Laundering) policy is also used for ensuring only legitimate and authentic people can sing up with the broker.
The broker provides you with proper education
It doesn’t matter whether you are a new trader or an experienced one; trading education is important for everyone. This market is constantly changing and evolving and you have to keep up or else you could suffer from losses. Knowing this, AxiTrader has set up a trading education center on its website where it has added extensive and thorough material on trading in the form of videos and e-books. You can learn new strategies, identify any mistakes you are making and understand concepts in a better way. Webinars are also available, which are conducted by market experts, and give traders the opportunity to speak to them and gain better market insights.
Final Thoughts
With its top notch customer support department, the variety of trading tools, multiple account options and numerous withdrawal and deposit options, AxiTrader can easily be distinguished from the other brokers in the crowd.