AxiTrader was founded in Sydney in 2007. It launched its London brand in 2012, and its Chinese operations in 2015, by reaching $ 100 billion in monthly customer sales - which coincided with development to the Middle East, Germany, and Latin America in 2016.
At present, the AxiTrader brand maintains regulations in the British FCA in the London Company AxiCorp Limited. This brand also maintains regulations in Australia under the name AxiCorp Financial Services Pty Ltd. AxiCorp Financial Services Pty Ltd manages the AFS license. In August 2016, AxiCorp announced that it had received a significant strategic investment from RGT - a leading Australian private equity firm. The goal of this initiative was to help drive its global growth.
How AxiTrader Performs:
AxiTrader is mainly a broker of MetaTrader. It offers forex and CFD market investors 54 currency pairs and 41 CFDs for goods, metal, indexes, and bitcoins, in the standard offer and PRO MetaTrader 4 (MT4). This service also offers an additional MT4 NextGen package for customers with at least $ 1,000 in deposit, as well as several platforms and tools for trading on a social basis.
AxiTrader provides research in the form of technical and fundamental analysis from its team of analysts with daily articles published on its Market News & Blog. Employees also upload videos throughout the week, including Morning Market and weekly.
Through its Australian entity, AxiTrader requires a minimum AUD 1,000 deposit for Australian residents to open a standard account. However, non-residents have to deposit minimum AUD 2,000 and 5,000 AUD 5 for a PRO account. In the British unit, there is no minimum level for either the standard or the PRO.
AxiTrader introduced CFDs to offer bitcoins with just over 2: 1 leverage. This leverage comes with 40% of the initial margin requirement and a maximum transaction size of 10 lots. However, trade is nonoperational from Monday to Friday. Most of the merchants want to meet the needs of cryptocurrency traders and investors who want to speculate without holding the underlying instrument. This is why it is an accurate measure for them. But merchants who wish to trade Bitcoin on Saturday and Sunday, this may get seem a hassle to them. This is why we would like the trade to extend over the weekend also.