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Hey guys,
It's been a while since we discussed the ASIC and FCA regulated, AxiTrader and I thought it a good idea to post a fresh update on my recent experiences with them.
I need to disclose that we earn revenue as a result of our affiliation and I had the pleasure of lunching with some of their senior staff last Friday. So my opinion is bias, but it also benefits from access to the firm that average retail traders don't have exposure to.
We've been trading at AxiTrader for over four years across three different account managers and two CEO's. During that time they've grown from a single off in Sydney's North Shore to now supporting several global offices, including Dubai, London and a couple of other central locations that I didn't write down and can't remember.
The one thing that always stands out when working with them is their customer focused attitude to trading. They care about their clients and want traders to have a positive experience.
Having said that, their client portal has either been non-existent or sucked for the entirety of our relationship. It's something they're always working on, however being relatively large, sales orientated team that has possibly grown too quickly for its own good this is their one significant shortfall.
Low spreads and fast execution are a given. Brokers can't compete unless they're offering close to zero spread on the major pairs, so the cost of trading isn't as important as it used to be. What's more important is the ability to access funds easily, something they do very well. You can fund an account with as little as $20 with no fees attached, and the MT4 account gets credited in seconds. Withdrawing is equally as easy.
I'm keen to hear what you guys think about your experience with AxiTrader. Do you love them or hate them?
It's been a while since we discussed the ASIC and FCA regulated, AxiTrader and I thought it a good idea to post a fresh update on my recent experiences with them.
I need to disclose that we earn revenue as a result of our affiliation and I had the pleasure of lunching with some of their senior staff last Friday. So my opinion is bias, but it also benefits from access to the firm that average retail traders don't have exposure to.
We've been trading at AxiTrader for over four years across three different account managers and two CEO's. During that time they've grown from a single off in Sydney's North Shore to now supporting several global offices, including Dubai, London and a couple of other central locations that I didn't write down and can't remember.
The one thing that always stands out when working with them is their customer focused attitude to trading. They care about their clients and want traders to have a positive experience.
Having said that, their client portal has either been non-existent or sucked for the entirety of our relationship. It's something they're always working on, however being relatively large, sales orientated team that has possibly grown too quickly for its own good this is their one significant shortfall.
Low spreads and fast execution are a given. Brokers can't compete unless they're offering close to zero spread on the major pairs, so the cost of trading isn't as important as it used to be. What's more important is the ability to access funds easily, something they do very well. You can fund an account with as little as $20 with no fees attached, and the MT4 account gets credited in seconds. Withdrawing is equally as easy.
I'm keen to hear what you guys think about your experience with AxiTrader. Do you love them or hate them?
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