AxiTrader Review 2020 – Is this broker good?
General Information |
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Broker Name: | AxiTrader |
Broker Type: | Forex |
Country: | Australia |
Operating Since (Year): | 2008 |
International offices: | 55 Baker Street London W1U 7EU United Kingdom |
Regulation: | ASIC, 318232 |
Address: | Level 10, 90 Arthur St, North Sydney, NSW 2060 AUSTRALIA |
Broker status: | Regulated |
Customer Service | |
Phone: | 1300 888 936 |
Email: | [email protected] |
Languages: | English, Spanish, Japanese, Chinese, Russian |
Availability: | GMT+3 |
Trading | |
Trading Platforms: | MetaTrader 4, MT$ NexGen |
Trading platform(s) timezone: | GMT+3 |
Demo Account: | Yes |
Mobile trading: | Yes |
Web based trading: | Yes |
Other trading instruments: | currency pairs, CFDs, spot metals, commodities, and indices. |
Account | |
Minimum deposit ($) | $200 |
Maximum leverage (1:?) | 1:400 |
Spread | Variable |
Scalping allowed | Yes |
Overall
4
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Support
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Platform
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Spread
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Trading Instrument
Comments Rating
( reviews)
( reviews)
Not profitable
Although customer service and brokers are good, I will have to quit trading with them because it is not profitable and fees are huge.
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Drastic price increase
I started good with this broker but eventually, I am very much surprised by the drastic price increase and slippage becoming greater. No, not a good forex broker to deal with.
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Unreliable
Unreliable all the time. Signals are not accurate and they are always unavailable every time I need help on my trading account.
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Frustrating withdrawal process
I am frustrated with their withdrawal process. it is always very slow and tedious. I do not recommend trading with this broker.
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Poor customer service
Poor customer service. Very unhelpful.
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Worst trading signals
Worst in terms of signals, very unreliable. I get a few losses because of their poor trading signals.
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Do not trade here
This broker stole profits. Do not trade with them.
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Do not invest
Do not invest your money here. I am unable to get anything not even a single cent.
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Fraud broker company
Don’t fall for their sweet promises and great profit projection. This company is a fraud, they will hook you to deposit more and will never give your money back. It happens to me, it can also happen to anyone.
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Waste of time
I gain good trades with very minimal profit. But I end up paying more. Waste of time.
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Unreliable services
Signals are somehow reliable but not services. They are most of the time unavailable to assist me in my trading needs.
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Inaccurate movements
I am trading currencies with this broker and notice some shady movements. I understand I am working in a very volatile niche however the ups and downs of the currencies on their platform seem inaccurate.
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Poor forex broker
They have good customer service but I am not satisfied with the profit I get. Aside from it is very minimal, I still have to pay huge transaction fees.
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Poor services
Poor services. I am never happy nor satisfied with any of their services and tools.
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Worst broker
One of the brokers with the worst withdrawal process. They keep on asking for so many documents and most of them are very difficult to provide.
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