Enjoy effortless crypto CFD trading with Axi (2024)

While there are a lot of trading platforms and online brokers available in the market currently, users need to find the one that fits their requirements the best. This includes a platform that is well regulated and user-friendly while also offering zero commission and minimal charges.

Axi is a forex and CFD broker built by traders, for traders. The company was founded in 2007 as AxiTrader and was recently rebranded to Axi in 2020.

Their platform provides traders with tight spreads, quick execution, and advanced trading tools. Axi is an award-winning broker that is licensed and regulated with a customer base in more than 100+ countries.

What Axi strives to achieve for their clients

Axi is driven to deliver these values to their clients and has helped lead them to develop their platforms, technology, and services. This includes:

  • Community of trusted traders: Axi has built a global community of traders by relying on its brand reputation as a trusted and transparent broker.
  • Innovative tools and ideas: In order to give its users, the upper hand, Axi incorporates solutions such as PsyQuation that would help users sharpen their strategies using the power of A.I. analytics. They also constantly work on adding more products and services to help out their users, like their Copy Trading app.
  • Lightning-fast execution: Axi’s high-performance technology and ongoing investments offer users lightning-fast execution, low spreads, and flexible leverage across a wide variety of FX pairs, share CFDs, indices, crypto CFDs and commodities.
  • Global reach: The platform has grown with over 60,000 customers in 100+ countries with over $2.5 trillion worth of trades in the last year alone. It is also a part of the global top 10 brokers and aims to address the needs of traders in emerging regions around the world.
  • Support and strategies: The Axi platform has been built by traders who understand the mindset, risk-control, methods, and strategies that would help users achieve their ambitions and capitalize on them.

Crypto CFD trading

Enjoy effortless crypto CFD trading with Axi (1)

Contracts for Differences or CFDs offer traders a way of trading and investing in an asset through engaging in a contract between the trader and a broker instead of directly opening a position on a certain market.

Cryptocurrency CFDs offer a different method of trading the very volatile crypto market. Traders do not own the cryptocurrency they open a position on, in fact they either make a profit or a loss from price movements through predictions of their chosen cryptocurrencies rising or falling in the market.

Crypto CFDs offer users the benefit of leverage wherein they can trade more than what their capital would originally let them if they were buying cryptocurrencies directly through an exchange.

CFDs can also be beneficial as they are more flexible in nature, letting traders limit market risks and hedge.

Trading cryptocurrency CFDs with Axi

Axi allows users to trade crypto CFDs with zero commission. Users can trade directly from the MetaTrader 4 platform and do not need a digital wallet. The leverage offered on crypto trades can go up to 5:1 on the platform while they also allow users to use EAs and algorithmic trading strategies for flexibility on trades.

Enjoy effortless crypto CFD trading with Axi (2)

The crypto CFDs include Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash. You can also deposit cryptocurrency into your Axi trading account to fund it and begin trading, those cryptos include Bitcoin, Tether, Ethereum, Litecoin, Stellar and Ripple

Axi Education

Enjoy effortless crypto CFD trading with Axi (3)

Axi has an education center that allows users of different skill levels the ability to learn and enter into the crypto space. All content available has been created by traders who understand the industry and the space well, covering a variety of topics through the use of eBooks, webinars, online trading courses and videos.

The Axi blog also has easy-to-follow tutorials and guides covering topics ranging from stocks, forex, blockchain, trading psychology, social trading, market analysis, and much more.

Final word

Axi has won several awards over the past few years including the Most Trusted Forex Broker and Best MT4 Provider at Forex Awards 2018 (UK). It has also won the Best EMEA Region Broker award at the ADVFN International Financial Awards in 2020. The platform accepts clients and users from all countries around the world except the USA, Canada, and Iran.

The platform offers almost unbeatable value with competitive prices along with a 24/5 customer support that is award-winning. The platform is currently giving away a combined $100,000 in cash and trading credit for their 14th birthday (T&C’s apply, giveaway closes on 15th January 2022).

For more information on Axi, please check out their official website.

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Disclaimer: This is a paid post and should not be treated as news/advice.

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Enjoy effortless crypto CFD trading with Axi (2024)

FAQs

Does Axi trade crypto? ›

Axi offers a wide range of cryptocurrency trading products, including Bitcoin, Ethereum, Litecoin, Ripple, and many more.

Is crypto CFD trader legit? ›

In many countries, trading CFDs, including Bitcoin CFDs, is legal and regulated.

Can you lose more than you invest with CFD? ›

And if you lose more than you have, you could be at risk of having a negative balance and owe more than you deposited. Responsible, regulated brokers will manage the liquidity conditions and margin requirements to ensure you get closed out of any trade that might lead to losing more than you have invested.

What is the leverage of Axi markets? ›

Leverage is a loan provided to traders that makes it possible for them to buy and sell trading instruments with less initial capital needed. Depending on your region, Axi offers up to 500:1 leverage for standard trading accounts. You can choose to take lower leverage if you like.

Does axi accept us clients? ›

Axi Client Services

Due to regulatory restrictions, we are unable to offer accounts to prospective traders in some countries/regions, such as residents of the United States of America (US).

Who is AXI competitor? ›

Overview of Axi alternatives
BrokerBroker intro
Interactive BrokersInternational broker providing all asset classes
eToroGlobal social trading broker
SaxoDanish investment bank
Fusion MarketsAustralian forex broker
7 more rows
May 10, 2024

Why is CFD trading so hard? ›

This requires constant vigilance of the market and price movements. As well as the use of effective risk management to safeguard funds. Some of the most popular risk management tools used in CFD trading are stop-loss and take-profit orders.

Why is CFD trading so risky? ›

CFDs can be quite risky due to low industry regulation, potential lack of liquidity, and the need to maintain an adequate margin due to leveraged losses.

Why do so many people lose money trading CFDs? ›

Disadvantages of CFDs

For one, having to pay the spread on entries and exits eliminates the potential to profit from small moves. The spread also decreases winning trades by a small amount compared to the underlying security and will increase losses by a small amount.

Is 10x leverage risky? ›

At most levels of leverage this shift in odds is small. However, when the leverage you use is so high that the margin supporting your trade is less than 10x to 20x your costs, your probability of losing begins to increase very rapidly.

What is the most profitable leverage? ›

The best leverage in forex markets depends on the investor. For conservative investors, or new ones, a low leverage ratio of 5:1/10:1 may be good. For seasoned investors, who are more risk-friendly, leverages may be as high as 50:1 or even 100:1 plus.

What is the best crypto trading platform? ›

Summary Of The Best Crypto Exchanges & Apps of June 2024
CompanyForbes Advisor RatingTrading Fees
Kraken4.60%-0.25% Maker and 0.1% - 0.40% Taker
Gemini4.50.2% Maker Fee, 0.4% Taker Fee
Crypto.com4.50.075% Maker / 0.075% Taker
KuCoin4.30.1% Maker Fee, 0.1% Taker Fee *LV0 Trading Fee Level
1 more row

Is axi trading platform legit? ›

Axi is a reliable industry player that has not been involved in any major scandals. Having been on the market for a long time or being listed on an exchange are also signs that the broker is a legit entity.

What type of broker is AXI? ›

Axi Team. Leading online FX and CFD broker Axi has launched 2024's biggest global trading competition, with a total prize pool of $250,000 USD.

How long does axi withdrawal take? ›

All withdrawals will be processed within 1-2 business days upon receipt. If you withdraw via Bank Transfer, it may take up to 3 to 5 business days to receive fund. If you withdraw via e-wallet, you will receive fund instantly after Axi processes your request.

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