Forex pairs are among the most volatile trading instruments out there. This means that their fast moves, often on a daily basis, can offer opportunities to traders who know how to catch them. To be able to trade those instruments, you need a registered and reliable broker. That’s why we present to you in this review of the brand Axia.
About Axia
Axia is a registered and licensed broker that offers trading services for clients from several locations around the world (except for areas outside of its license jurisdiction, such as the US). It enables its clients to access global markets including forex, stocks, indices, bonds, and others, all through CFD contracts. Clients can trade them through Axia’s advanced platforms.
Platforms offered by Axia
Axia has many good promotions that can lift your trading
Axia offers two main platforms for traders to choose from. The first platform is the proprietary Axia platform which is available on computers and on mobile devices. This platform can be used on both Apple and Android devices. It is seamless and aesthetically pleasing, in addition to its high performance. It includes many features that traders can use for their benefits such as technical indicators, drawing tools, sentiment analysis indicators, and many others.
The second platform is the MetaTrader 5, which is very popular and practical to use. The platform has several tools including technical indicators and drawing tools. Traders can also add several additional tools depending on their preferences.
Special promotions
Axia has a special promotion these days. It currently offers a free iPhone to anyone who opens a gold account or upgrades their account to Gold. You can find out more about this promotion on the brand’s website.
This is not the only offer. Axia also offers very interesting cashback benefits on trades for Gold account holders and higher. Moreover, new traders can enjoy 7 days free of overnight fees.
Trading conditions
Axia offers a wide variety of assets to trade on. You can choose from around 400 available instruments to trade and build your portfolio. This means that you can diversify and that works well in different market conditions.The company also offers financial leverage which means that you can trade with more money than you have deposited. This can be a good tool when used right and it can accelerate your results in the market.
Given the company offers CFD trading, the costs of trading are lower than with traditional securities brokers which usually charge high commissions. Lower costs of trading mean you can trade large volumes without worrying much about accumulating costs.
Axia also provides several accounts to choose from. Novice and expert traders can find the account that best suits their needs.
Pros and Cons
There are many pros and cons to trading with Axia. The pros include:
- Fast execution. The company’s servers are fast, and your orders are executed quickly, keeping slippage at its lowest levels, and ensuring your results do not deviate from what you intended.
- Advanced platforms that are highly customizable. Regardless of what strategy you trade, you are able to customize your charts the way you want.
- Quick account opening process. You only need a couple of documents, and you are good to go.
As for the cons, they include:
- Axia should offer additional payment methods, such as PayPal, Skrill, and others which have become more popular recently.
- Axia should add more educational materials.
Summary
Axia is a legal and licensed broker. It offers many advantages to traders, and it provides a good trading experience. Given that and our analysis of the brand, we give it a positive rating.
