AxiTrader South Africa review explained by professional forex trading experts, All you need to know about Axi Trader South Africa Broker, For more information about Axitrader.com broker you can also visit Axitrader South Africa review by ForexSQ.com forex trading website, The TopForexBrokers.com ratings forex brokers, or Fxstay.com currency trading investing company and get all information you need to know about the Axi trader South Africa broker.
AxiTrader Australia Review
AxiCorp Financial Services Pty Ltd is an online margin Forex business providing Foreign Exchange (Forex) trading, Contract for Difference (CFD) trading and currency transfer services. The company is headquartered in Sydney, Australia and has offices in London, South Africa, Shanghai, Chisinau, Dubai, Riyadh and Jeddah.
AxiCorp is the parent organisation of the AxiTrader, AxiPrime and AxiSelect brands. AxiTrader is the company’s flagship business as an online retail foreign exchange broker. AxiPrime is a prime brokerage for high volume traders. AxiSelect is an incubation and professional development program for individual traders.
In 2008, AxiTrader broker was established and it is an Australian ECN forex broker regulated by ASIC and domiciled in Sydney. It arrogances itself as being originated in a trader for traders. It is regulated by the Australia’s ASIC under the license no. 318232 and by means of UK’s FCA under the registration no. 509746. It is the frontrunner of numerous worldwide awards comprising Best Financial Institution of the Year 2014. It also provides options to trade silver, gold, oil, CFDs and indices. The company includes of 3 divisions specifically AxiTrader, AxiSelect and AxiPrime.
What Is AxiTrader South Africa ?
In November 2007, Forex Plus Australia Pty Ltd was purchased by Goran Drapac, renamed AxisForex and, in 2008, began trading under its own retail and wholesale Forex trading license.
In February 2009 AxisForex launched its online margin forex trading business in Australia under the name AxisODL, a joint venture between AxisForex and ODL, a UK-based broker. In 2010 ODL was purchased by FXCM and the AxisODL joint venture was dissolved. Following the split, AxisForex changed its name to AxiCorp and the name of its online margin forex business to AxiTrader.
In 2012 AxiTrader entered the US market as an introducing broker with an office in Chicago.
In 2013 AxiTrader posted monthly trade volumes of $82 billion and AxiCorp was licensed by the Financial Conduct Authority to commence trading in the UK.
In 2014 AxiCorp launched a prime brokerage arm under the name AxiPrime. It also launched AxiSelect, an incubation and professional development program for aspiring traders, as a joint venture with FXWW.
In June 2016, AxiCorp founder Goran Drapac stepped down as Chief Executive Officer and appointed Rajesh Yohannan as the company’s new CEO.
According to the company’s own records, at the end of the 2015/2016 financial year AxiTrader had monthly volume of $100 billion.
AxiTrader South Africa Forex Trading Platforms
AxiTrader has offers numerous types of the industry recognized MetaTrader 4 platforms. The Metatrader4 is the most extensively used trading platform via traders to trade forex as well as CFDs. Established by Metaqoutes Software Corp, the Metatrader4 platform arises with an extensive variety of trading tools intended to improve at trader’s trading action. It as well comes with a form in programming language by tech savvy dealers can usage to create their personal Expert Advisors to assistance them automate the trading procedure.
AxiTrader South Africa MT4 Platform
In addition to its own highly regarded proprietary platform, traders using AxiTrader forex broker can also use the MT4 trading platform, which is the most widely used in the world and offers traders a variety of valuable tools and features to facilitate researching, formulating, placing and tracking trades in a variety of international financial marketplaces. The MetaTrader 4 platform is included by most brokers in addition to their own proprietary platforms (and others) for the convenience of clients who want to use different platforms separately or in conjunction with one another.
AxiTrader South Africa App
The AxiTrader Apps and trading markets are accessible using a variety of the most popularly used electronic handheld devices that include iPhones, Blackberry and Androids. The AxiTrader Apps is free for both Android and IOS, You can download The AxiTrader App for Android from Google Play and download The AxiTrader App for iPhone from Apple app store.
AxiTrader South Africa Accounts
There are 2 types of account options. While trading with AxiTrader which influence the FX broker costs.
1) Metatrader4 AxiTrader South Africa Standard Account
This type of account is more for novice forex traders who hunger certainty of their trading charges.
There are not any commissions and the lowest deposit is lesser at 200 dollars.
2) Metatrader4 AxiTrader South Africa Pro Account
This type of account is intended for intermediary forex traders looking to reduce spreads when trading. Whereas there is a standard commission of $7USD for each round trip, the spreads are intensely lesser than the standard account.
AxiTrader South Africa Demo Account
AxiTrader offers two types of trading accounts; a Demo account for virtual trading and education purposes and a Live account for active trading in foreign exchange and commodities markets. There are two forms of Live trading accounts: a Standard account which is the default for retail traders and a Pro account for professional traders that provides preferential spreads.
AxiTrader South Africa Spreads and Commissions
Like most online brokers, the AxiTrader broker does not charge commissions for trades, hidden fees or other charges. The broker makes money by charging traders a slight spread that is included on all trading activities based on real time market values transacted by the client through the broker. Spreads start as low as 1 pips (points in percentage) for forex trades (depending on currency traded).
Traders should be aware that trading during volatile times created by adverse global events or financial news is much more risky and broker spreads tend to be wider.
AxiTrader South Africa Leverage
The AxiTrader leverage starts from 1:1 up to maximum 1:400, However the broker provides high leverage trading but if you are a newbie forex trader then avoid to use high leverage as it will increase to lose all of your capital.
AxiTrader South Africa Margin Requirements
AxiTrader margin requirements is fixed, The amount of margin that you are required with AxiTrader to put up for each currency pair varies by the leverage. For example, If you use 50:1 leverage then you may be required to put up €200 to hold a €10,000 position.
AxiTrader South Africa VPS
AxiTrader permits clients to subscribe to third party Virtual Private Server (“VPS”) providers to facilitate 24 hour network connectivity and automated trading (“Expert Advisors”). The broker also allows for the use of additional third party trade management tools including Autochartist, Signal Trader, Myfxbook, ZuluTrade, Forex Signals and Tradeworks.
AxiTrader South Africa Deposit and Withdrawal
The process of Deposits are prepared in all major currencies through Credit Card, a local bank transfer, Money Bookers, BPAY (AUD only), and also broker to broker transferences from selected corporations.
The process of Withdrawals are prepared by the same procedures. For persons having AUS bank accounts, the withdrawals do not appeal any kind of commissions. Though, the broker can charge anywhere amid $15 to $25 for persons having international bank accounts.
AxiTrader South Africa Deposit Fees
The AxiTrader Deposit fee is Zero, It means you will not pay any money as AxiTrader deposit fees.
Axi Trader South Africa Deposit Time
The AxiTrader Deposit time is between 1 through 3 business day and it depends to the methods you deposit your AxiTrader account.
AxiTrader South Africa Withdrawal Methods
AxiTrader withdrawal methods is various, Clients can using a variety of methods that include credit cards, checks, bank wire transfers and PayPal. Trading account withdrawals require proper identification of account holders in accordance with strict international financial guidelines designed to prevent financial crimes like identity theft and money laundering.
AxiTrader South Africa Withdrawal Fees
The AxiTrader Withdrawal fees starts from Zero up to $20, The AxiTrader withdrawal fees depends to which country and methods you want to receive funds.
Axi Trader South Africa Withdrawal Time
The AxiTrader Withdrawal time is between 3 through 5 business day and it depends to the methods you Withdrawal from your AxiTrader account.
AxiTrader South Africa Withdrawal Problem
If you have any AxiTrader Withdrawal Problem then you can contact the broker directly and if it dose not solve the problem then you can contact the regulators to solve your AxiTrader Withdrawal Problems, You can also submit your AxiTrader withdraw problems in the comment form below of the AxiTrader reviews by ForexSQ.com forex trading website.
AxiTrader South Africa Regulation
AxiTrader is regulated and licensed broker in:
- AxiTrader Australia is a registered business name of AxiCorp Financial Services Pty Ltd (AxiCorp). AxiCorp (ACN 127 606 348) is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL number 318232.
AxiTrader South Africa Login
For login to AxiTrader broker you can visit the broker website, After sign up you can check your email for free instructions and do AxiTrader login.
AxiTrader South Africa Minimum Deposit
The AxiTrader Minimum Deposit is $0 so the broker is almost a no Minimum Deposit forex broker.
AxiTrader South Africa Promotions
At the time of writing this review, the broker offers Refer-a-Friend bonus of £130 for each referred person who opens a live account with AxiTrader, while the referred one gets £260 in trading.
AxiTrader South Africa Trading Hours
AxiTrader Trading hours of operation coincide with the global financial markets. Online CFDs and Forex trading is available from Sunday 5 p.m. to Friday 5 p.m., New York time.
AxiTrader South Africa Bitcoin Trading
At AxiTrader you can buy or sell Cryptocurrencies like Bitcoin but you can not deposit or withdrawal with Cryptocurrencies like Bitcoins, So AxiTrader BTC chart is available for trading but you can not deposit or withdrawal with a Cryptocurrency.
AxiTrader South Africa Affiliate Program
With AxiTrader Affiliates program you will money by introduce and referral investors to the broker, With AxiTrader Affiliate partner program you will earn money online in 2 ways:
Transaction based – Once the client introduced by you to the broker take potions then you will get your commission.
Flat based – When the client you introduced to the broker invest money then you will get a fixed fee per client.
AxiTrader South Africa Live Chat
To get a fast support you can use AxiTrader Live chat, The AxiTrader Live Support is also available to support clients, To use AxiTrader customer support just visit the broker’s website.
AxiTrader South Africa Address
At the current moment the Axitrader dose not has office in South Africa but you can use the broker’s head office address:
AxiTrader Head Office address is: 90 Arthur St, Sydney NSW 2060, Australia
AxiTrader South Africa Phone Number
Below is complete list of AxiTrader Phone Numbers in different countries:
AxiTrader Australia Phone Number: +61 2 9965 5830
AxiTrader Phone Number for International clients: +44 203 544 9646
AxiTrader South Africa Review Conclusion
By this AxiTrader South Africa review now you know all about the AxiTrader South Africa broker, For Forex brokers and online foreign exchange investment news visit by www.ForexSQ.com currency trading website in daily base.