Advantages of AXI SELECT and popular funds
Today, with the development of the internet, intercontinental trading floors are blooming. An exchange is an intermediary organization, an independent broker that acts as a connection between organizations and investors in need, in simple words:
ADVANTAGE:
- Register to open an account and make quick transactions
- Supports many cryptocurrency pairs (this is something very few exchanges can do)
- Low minimum deposit from only 1 USD or more
- There is consulting support for Vietnamese people
- Advanced trading platform
DEFECT:
- Only index trading, no stock investment
- Cryptocurrency trading is not available on weekends
Today, with the development of the internet, intercontinental trading floors are blooming. An exchange is an intermediary organization, an independent broker that acts as a connection between organizations and investors in need, in simple words, it connects a party that wants to buy and one side wants to sell, thereby creating liquidity for the market.
Currently, trading floors are springing up like mushrooms, making you very confused and hesitant when making the final decision. You really don’t know which exchange to invest in that is reputable, safe and quickly profitable. AXI is a trading platform that brings huge profits to investors. But for new traders, this is an extremely difficult field, not easy when first starting out. If you work hard to learn knowledge, you will become a professional investor and quickly reach the gold mine, everything will flourish like a kite in the wind. AXI is truly a trading platform that will not disappoint you and will bring super attractive profits.
Below is information evaluating the AXI exchange, as well as helping you answer the question Why should you choose AXI to trade. Please refer to the AXI floor review article below to understand why I say that?
Overview of AXI exchange
AXi was founded in 2007 in Sydney, Australia. AXI is proud of its reputable trading platform, with a global reputation for high reliability, customer satisfaction, and a team of enthusiastic customer support staff. As a reputable broker awarded many awards:
- Best MT4 Forex Broker (autoz markets.com,2019)
- Best Forex Broker in Europe (forex-awards.com,2019)
- Best Forex Broker in the East (forex-awards.com,2019)
- Best Broker in EMEA Region (ADVFN International Finance Awards, 2020
Award-winning service, 100% commitment to you.
With over a decade in business AXI is committed to your long-term success, helping you continuously grow.
AXI’s operating certificates and customer assurance policies
AXI operating certificate
AXI is licensed by two agencies, the Australian Securities Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA). Most Forex exchanges are regulated by these agencies. AXI has a full range of legal documents to serve retail foreign exchange trading activities. You can completely feel secure when trading because this is an exchange managed by regulations with extremely strict sanctions. These requirements will demonstrate the ability of the leadership team in the financial sector, protect traders when conflicts occur on the exchange and help prove the liquidity of the exchange.
To register for licensing at ASIC, the AXI exchange must comply with the following difficult regulations and terms:
- Requires a specific address in Australia to prove the identity of the foreign exchange brokerage service, building trust for customers when participating in transactions
- The floor requirement must meet a minimum initial capital of 1 million Australian dollars
- AXI is required to have a separate account and deposit it in major banks ranked AAA in Australia
- ASIC also requires brokers to join a compensation organization, so that in case the floor goes bankrupt, traders can still receive compensation. So
- AXI is currently a member of The Financial Commission
- As a member of the Australian Financial Complaints Authority (AFCA), this is a body that specializes in resolving disputes between consumers and service providers.
As mentioned above, AXI is also regulated by the Seychelles Financial Services Authority (FSA). Similar to ASIC, FSA is required to ensure a number of regulations that are somewhat similar to ASIC. Therefore, if you have one of these two licenses, you can safely choose to trade.
AXI customer guarantee policy
With the goal of protecting your account and helping you feel safer when trading, AxiTrader has implemented comprehensive customer insurance (CMI) on behalf of its customers with an insurance amount of up to US$1,000,000. This insurance is free of charge and automatically applies to all personal accounts with balances greater than 20,000 USD. This has enabled AXI to become a member of a global network of financial service providers responsible for providing additional layers of security. AXI prides itself on being a responsible broker with a trusted reputation globally. In simple words: AXI has stepped up to help you protect your account so you can focus on your trading.
AXI is committed to accompanying you in every transaction, and will even support traders with AXI funds. When you trade with AXI what you get is not just a broker, but the support of a partner who is committed to helping you achieve your trading ambitions.
Trading products of AXI floor
AXI is a Forex broker with popular trading products. AXI provides most of the products in the investment field:
- Currency, metals, gold, silver,…
- Forex: more than 60 currency pairs
- Energy (Brent crude oil and WRTI oil)
- Agricultural products: coffee, soybeans, coca
- Index: more than 17 popular indices on major markets around the world such as: US30, UK100, US500
- Cryptocurrencies: 6 products including: BCH, BTC, Dash, ETH, LTC and XRP with maximum leverage of 1:5
AXI exchange trading account
AXI offers two main account types: Standard and Professional. Both accounts are similar in terms of features.
Standard account
Standard accounts do not charge commissions on transactions, only spread fees are charged. Therefore, the Spread level will be charged higher than other account types, but the Spread level remains stable without being requoted. This is considered the most popular account type on the Forex trading floor
Standard account information (Standard):
- First deposit: at least $200
- Leverage: 1:500
- Commission fee: none
- Spread: from 1 pip
- Stop out level: 50%
- Spread type: floating
- Minimum volume: 0.01
Professional account (Pro)
Professional accounts cost a small amount per trade in exchange for low spreads. This is the best account type, highly appreciated by many customers. This account has many great advantages for investors, because it has extremely fast order matching speed and almost no latency.
Professional account information
- Minimum deposit: 500 USD
- Leverage up to 1:1000
- Spread from: 0.0 Pip
- Trading commissions are charged 7USD/ round trip
Trading platform at Forex AXI exchange
AXI uses the industry standard software MT4, in addition AXI also offers two other platforms, AxiOne and PsyQuation. However, the basic and most used software is still MT4
MT4 trading software provides you with simple order placement tools for beginners and full of advanced tools for professional traders. The MT4 platform helps you unlock new trading opportunities, making it ideal for automated and copy trading, ensuring uninterrupted trading and order execution.
PsyQuation is one of the most sophisticated software available for retail traders. Built with artificial intelligence and machine learning to predict trader performance by understanding their skills, risks, behavior and history.
The AxiOne platform is a platform specifically developed by AxiTrader. It is software for professional customers and funds, so it is not suitable for retail traders. Therefore, in the interface for logged in customers, this platform is not displayed.
AXI trading copy function
AXI implements the floor trade copy function through the advanced Myfxbook Autotrade platform, which allows you to copy trades directly to your MT4 account, and you still have full control over the trade, which is one of the platforms The most advanced way to help traders copy trades in the market.
Myfxbook Autotrade helps follow top traders and copy their trades. From there, it will help traders learn more investment experience from veterans. This copy function is very suitable for those who are busy and cannot follow the ups and downs of the market. Therefore, this function is very popular and is also very popular on most Forex exchanges, not just AXI.
Promotion program of AXI trading platform
The AXI Select program is an organizational program aimed at identifying the most promising traders, training them and turning them into experts.
AXI Select focuses on identifying your talent and advancing your trading career systematically. Prove your potential to become a top trader, AXI will build a plan to help your potential develop. AXI will even provide the necessary tools, and AXI will even commit to supporting you with AXI’s own funds to help you develop your trading career and achieve your goals.
AXI select is a structured program and phased funding allocation that guarantees A$350,000 support to every qualified trader, earning 20% commission on trading profits when you meet all all program criteria. This is a potential program to help satisfy traders’ passion.
Besides, AXI also provides investors with a healthy, professional trading environment, with reasonable spread fees and no commission fees.
AXI deposit/withdrawal policies and fees
To help you have more money to trade, AXI does not charge fees for depositing and withdrawing funds from your trading account
- Regarding deposits, you need to pay attention, AXI has very strict deposit regulations, forcing customers to strictly follow them. To reduce funding times to your trading account, please submit all funding requests from the AXI secure client portal. Another thing to note is that not all payment options are available in all countries, so you’ll need to log in to the secure customer portal to see the payment options available to you. At AXI, you will experience depositing money into your account quickly and easily because there are many convenient deposit methods for you to choose from.
- Withdrawals are also extremely simple so you can easily withdraw your own funds quickly, AXI’s transparent service allows you to withdraw funds at any time through the online customer portal. Plus, depending on the deposit method you choose, your funds can be cleared instantly. But especially note that in case there is enough evidence that deposits are made for non-trading purposes, AXI reserves the right to charge a deposit fee at the time of withdrawal.
For Vietnamese customers, choose deposit/withdrawal via Vietnamese Internet Banking because it is much simpler and more convenient.
Customer care policy of AXI trading floor
AXI trading floor has a team of Vietnamese consultants, so you can feel secure if you need support. AXI’s support team is very enthusiastic and professional. So when you need it, just click on chat, fill in your email address then ask a question and a staff member will assist you. In addition, AXI also extends consultation by calling, just fill in your full name, phone number, email and request for support, a staff member will call and answer your questions.
Advantages and disadvantages of AXI floor
Advantage
- Register to open an account and make quick transactions
- Supports many cryptocurrency pairs (this is something very few exchanges can do)
- Low minimum deposit from only 1 USD or more
- There is consulting support for Vietnamese people
- Advanced trading platform
Defect
- Only index trading, no stock investment
- Cryptocurrency trading is not available on weekends
Is Axi floor really trustworthy to invest in?
AXI is truly an exchange worth investing in:
- It is a long-standing trading floor, operating for more than 14 years. Under management from many leading reputable management agencies in the world, especially ASIC
- Advantages for over 60,000 traders in over 100 countries
- Award-winning customer service 24/5
From the above evidence will help you evaluate how reputable AXI floor is and why it receives so much trust from traders around the world.
What are you waiting for? Invest in the AXI exchange to earn high profits from the money in your wallet.
