source<\/a>]<\/p>\n<\/div>\nLastly, if you think that your trading is impressive then you can always export your trading data and use it to secure external funding from investors. Not only will it analyse your trading history and make suggestions around this but it will also make use of the reams of trading data that it has gathered over the years. This could help you by making suggestions which could significantly improve your trading performance.<\/p>\n<\/p>\n
Table of Contents<\/h2>\n<\/p>\n
After extensive research over several years, we have compiled a list of the most effective Axitrader alternatives available today. If you are unsatisfied with Axitrader or want to explore other options, we recommend checking out our carefully curated list of highly-rated Axitrader alternatives. Follow the links below to learn more about these Axitrader broker alternatives and choose the one that best suits your trading needs.<\/p>\n<\/p>\n
Always do your research and choose a broker that satisfies your exact requirements. However, just like all online brokerages, it is important to note that traders can also lose money. In particular, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.9% of retail investor accounts lose money when trading CFDs with this provider. Users do not have to share personal details like the history of bank transfers, transactions, account details, or any bank statement, etc.<\/p>\n<\/p>\n
Best and most trusted forex brokers in June 2023<\/h2>\n<\/p>\n
A free-for-all feature of AxiTrader, PsyQuation Premium, helps its clients maintain a minimum balance of $500 with monthly trading of one standard lot. It is an advanced trading tool that can provide smart forex trading signals through its comprehensive forecasting, quantitative analytics, and market indicators. Between 74-89% of retail investor accounts lose money when trading CFDs.<\/p>\n<\/p>\n
\n- Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone.<\/li>\n
- The minimum trade size is also set to 0.01 lots, and there is\u00a0no minimum deposit requirement.<\/li>\n
- Axi has low fees for trading index CFDs, while stock CFD fees are average.<\/li>\n
- Traders are also not provided with any loyalty programs or any other additional benefits for opening an account, which is by far one of the major disadvantages of the company.<\/li>\n<\/ul>\n
You will also have financing or “overnight” fees that are charged on those positions that are kept open overnight. This will vary depending on the interbank interest rate that is being applied on the currencies at the time. AxiTrader will charge their own spread to this which is +1.25% for a long position and -1.25% for a short position. However, leverage levels will vary a great deal depending on the type of account that you have as well as the instruments that you are trading. In order for you to get a good idea of the kind of leverage levels that you can trade with you will have to take a look at the product schedule.<\/p>\n<\/p>\n
But, it also has a toll free number where traders register their inquiries. An online trading course by AxiTrader is available for new traders, giving them access to all the tools that train them in becoming a better trader. This AxiTrader review finds the training aspect of the software quite impressive. Outsourced training is further complemented by in-house educational content, which contains high-quality articles. It allows the users to access the software\u2019s benefits in running the server component and the client features. The client software sees the live streaming prices of forex currency pairs and displays their trend charts.<\/p>\n<\/p>\n