We conclude the first series of articles about reliable and proven STP forex brokers. Today we will talk about a broker with the British license (FCA) and Australian one (ASIC), which has been operating on the market for more than 10 years and is focused on retail customers. Meet – Axitrader UK.
GENERAL INFORMATION ABOUT AXITRADER UK
AxiTrader is the registered name of AxiCorp Limited, which was established in 2007 in Australia. As for AxiTrader UK, it is a wholly owned subsidiary of AxiCorp Financial Services Pty Ltd and was established in 2012 in the UK. AxiTrader UK has one of the most prestigious and reliable financial licenses – FCA, license number 509746.
It should be noted that AxiTrader UK has a purely agent license, which does not give it the legal right to work as a market maker. Accordingly, the clients of this brokerage company can be 100% sure that all their transactions are sent to liquidity providers through STP-technology.
The main office is in London, UK.
TRADING CONDITIONS AT AXITRADER UK
This broker offers 2 types of accounts: Standart and Pro. On the Standart account, only the spread is charged (from 0,8 points on the EUR/USD pair) without commission. The Pro account offers a “raw” spread (from 0.1 points for the EUR/USD pair) and a commission of $ 7 for the full turnover (opening + closing of the deal).
It is also possible to open a Swap-free account (without swaps).
The minimum deposit is $ 100, which makes AxiTrader an affordable broker for many traders.
The maximum leverage is 1:400, so this forex broker is an excellent choice for scalpers.
The minimum deal size is 0.01 lot.
More than 80 trading instruments are available: currencies, metals, commodities, indices.
Trading platform – MT4 and Webtrader.
Copy trading is available. For fund managers convenient MAM-accounts are offered. Trader can also manage multiple of his accounts using Multiterminal.
Deposit/Withdrawal: bank transfer, credit/debit cards, Skrill, Neteller.
Available account currencies are EUR, USD, GBP, PLN, JPY.
ADVANTAGES OF AXITRADER UK:
- The company has been working in the market for more than 10 years;
- Has a strictly licensed FCA;
- Insurance up to 50K pounds in case of bankruptcy;
- Tight spreads and excellent execution;
- Shoulder 1:400 – an excellent condition for scalpers;
- Worthy customer support;
- Quick and convenient withdrawal of funds.
- A very convenient system of MAM-accounts, which is perfect for investors and asset managers.
There are no obvious minuses for this forex broker.
You can open demo account here – https://www.axitrader.com/demo
For real account use this link – https://www.axitrader.com/real
AXITRADER UK REVIEW CONCLUSION
AxiTrader UK is the optimal choice for all traders, regardless of the type of trading strategy. For scalpers high leverage and narrow spreads are available, many different instruments for trading, excellent conditions for fund management, fast technical support.
The absence of any trading restrictions, as well as strictly STP execution, are additional factors for choosing AxiTrader UK.
If you have any questions about AxiTrader, or you plan to open an account with this company and you need help, leave a request for a free consultation on the site or add me in Skype – vovkfx.
In the commentary write your impression about the company or share your experience with this broker.
In the next article, we begin the cycle of educational materials, subscribe to the blog to keep abreast of new publications!