Thanks for the clarification Nick. This is quite a decent promo actually.
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Axitrader
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Hi Nick, I just happened to bee looking at Axi client Agreement & noticed this which I wasn't aware of - I asked them if this means 'first in first out' order management & they said it does. Why would they be running FIFO as an Australian broker & since when? This really surprised me - I don't get it?
8.9 OPPOSING POSITIONS
b) You may run opposing Positions in the same market and a Position in a
market where you have an opposing Position already open will automatically
be deemed to be an instruction to close the earlier Position. If you have more
than one open Position in the same market, closing trades will apply to them
on a first opened first closed basis, unless otherwise agreed by us.Last edited by littlemax; 12-20-2015, 11:41 PM.
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Dear Nick,
I posted a question to ask if Smart2MAMM is available in Axitrader. In the mean time, I read about this post at Axitrader.
I would like to ask clarity.
1. Is Smart2MAMM available in Axitrader? I read a post same question by one other forum member. I may think this may be required.
2. Please share with us the why (if reviewed before) Axitrader is not preferred for Smart2MAMM.
If Axitrader has restriction on FIFO, it will not be suitable to all types of traders, those who hedges in opposing positions. As a new reader to Smart2MAMM, I would like to ask
1. Is Smart2MAMM doing hedging against their positions in the automatic trades? If it is, the above is major consideration.
Look forward to other members contribution to the above,
Thanks and Sincerely Yours,
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Originally posted by HSD Trading FX View PostI always thought Axi is one of the best but not anymore. I was asking something urgent and that person could not answer but just hang me up on the live chat. I have screen capture the poor service. I am disappointed with their service. I could not even get someone at live chat now!
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This is their product schedule https://az780246.vo.msecnd.net/pdf/a...t-schedule.pdf - they list $25 fee for international wdl, your bank may have charged a fee as well if not a local bank transfer ie bank wire . I never paid any fee for wdl with local bank transfer in Australia in AUD - look at page 2 'banking charges -withdrawals'. A fee charged when the amount is received sounds like a bank fee.
Withdrawals
Electronic Funds Transfer
Domestic A$1.50
International A$25.00
NeTeller
Domestic n/a
International
2.2% +$15Last edited by littlemax; 03-22-2016, 09:26 AM.
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Check out the email I got today from AxiTrader.
View Email
They're now doing free deposits/withdrawals and no minimum deposit on new accounts, pretty cool!
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