Axi App – Review, Top Features, Benefits, Set-up Process & more
Last Updated Date: Nov 16, 2022Know everything about Axi App here. Axi was previously known as AxiTrader is a popular Forex Broker based out of Australia.
Multiple financial authorities across the world regulate Axi which includes the Australian Securities, Financial Conduct Authority (FCA), and Investments Commission (ASIC), and the Dubai Financial Services Authority (DFSA).
Since it is regulated by top-tier authorities hence it is considered as one of the safe Forex brokers across the world.
One more reason to be a popular broker is because of the Axi Mobile Trading app which is also known as Axi One.
This app gives a trader the flexibility to manage accounts, check positions, and as well as the ability to trade all at once from the tip of the hand.
About Axi App
Axi App is one of the best trading apps because of regulation by multiple financial authorities which makes it a trustable broker.
This App is the mobile trading platform for CFDs, Forex, metals, indices, and NDFs.
The app allows traders to trade on multiple assets with the help of the MT4 platform.
The Axi mobile trading helps in trade execution, price allocation, tracking, and order management as solutions to traders’ needs.
Axi One App helps a trader to check positions, manage their account, and in trading from a single platform.
It also ensures that a trader gets access to the ECN liquidity from their Smartphone itself. The app gathers ECN liquidity from 7 different ECN exchanges and outputs them through this app.
Let us take a detailed look at the features that Axi has to offer.
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Axi Mobile App – Top Features
The Axi mobile trading app gives a trader the flexibility in choice-making among different liquidity options available in Forex.
Axi app maintains Efficiency, Flexibility, cost management, and performance and deems these traits as mandatory to keep their customers happy.
Here are the features of the app
More than 20 direct liquidity providers
AXI mobile trading platform uses more than 20 liquidity providers which include top tier banks, small banks, and brokerages as well.
These are grouped to give the best spread to the users. Traders get the flexibility to choose from a different Liquidity provider.
ECN exchanges
This Mobile trading platform provides an outstanding experience as they feature a pool of 7 ECN exchanges with their respective liquidity providers.
Axi features the most popular exchanges like Currenex exchange, Hotspot exchange, Fastmatch exchange, SpotStream exchange, FXall exchange, LMAX exchange, and 360T exchange.
Multi-Assets
It makes no difference if you are an Institutional trader or Individual trader or a high-frequency trader or MT4 user, you can access different liquidity pools according to your needs.
Axi mobile gives the widest of liquidity choices.
The Axi App along with the choice in liquidity providers also provides Multi- Assets.
A trader can now trade for CFDs, FX, metals, indices, spread betting, and NDFs.
Other exclusive features
Axi Trading App is a loved trading platform because it reduces the amount of real estate on your Desktop.
It also provides multiple connectivity options and is open 2 hours earlier than most of the brokers do.
Usually, this app open at 5 AM Sydney time.
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How to download the Axi Trading App?
The AXI Trading app is available for Android devices as well as iOS devices.
Hence you will find the app on the Google Play Store and App Store.
Go to the Google Play store and search for the Axi One App which is the exclusive name for the Axi Mobile trading app.
Click on the option and then click on install to install the app.
You can use a similar procedure to download it from the App store of your iOS devices.
In any case, if you are unable to download the app from the Google play store or app store then you can also download the app from the Axi official website.
How to own Axi Mobile Trading App?
There are three types of accounts in Axi viz Individual, Joint, and Corporate. These account types are based on ownership and fee structure.
The individual account refers to an account owned by an individual whereas the joint account refers to an account owned by a joint venture of two or more individuals.
A legal entity owns the corporate account.
In terms of fee structure, the account type can be a standard account that has no commission fees and has higher spreads or a Pro Account which has lower spreads but with a $7 round commission.
To open your account with Axi App follows the steps given below –
- To open an account, you need to first feed the joining form available at the opening screen with your details.
- Next, you have to select the type of account you want to go with.
- You may be asked a few questions to check the knowledge you possess about trading.
- Next, you need to upload a Govt approved identity card, passport, or Driving License to verify your personal information.
- Once you have applied successfully you will be provided with a message about the same.
- It takes almost 2 business days to complete the process and get your account activated from their side after successful verification.
Advantages of Axi Forex App
Axi Forex App is a multi-regulated broker which means it is regulated by different popular brokers worldwide.
The app is user-friendly and has a very simple user interface.
The app has marginal commission fees and fast execution speeds along with tight spreads and thus it remains a favorite for most brokers.
Axi mobile trading comes with various withdrawal and deposit methods and is instantaneous. You don’t have to pay account funding fees and also you will get full access to important trading tools.
The app also features AXI trading institute where you can learn the latest techniques from top traders and stay updated.
There is a trading community where you can connect and discuss with more than 10,000 traders.
This App has excellent support which stays operational 24×7.
Axi Mobile App – Conclusion
The Axi mobile trading app or the Axi One App gives traders a seamless trading experience.
It does not matter if you are on an Android device or an Apple device, you will get the app on both platforms.
The app is quite user-friendly as it has minimal elements in the opening screen which in turn does not confuse the user.
It provides all the features of the desktop platform and thus you can use it on the go with good internet connectivity.
You will get 20+ liquidity choices and 7 ECN exchanges from this app alone. So traders have flexibility in choices.
The app stays updated and has tutorials stuffed in so that you can gain knowledge before trading.
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FAQs on Axi Mobile App
Here is the list of FAQs related to the AXI Mobile App:
What is the Axi mobile app called?
The Axi Mobile app is known by the name of Axi One, which includes all the features that are available on the web platform.
Does Axi provide an iOS App?
Yes, the app can also be downloaded and installed from the App store to your IOS devices.
Is Axi App Free to use?
There are no deposit charges inclusive with your deposit but then there is a minimal fee levied if you exceed a monthly limit of $50,000.
You might be charged from the bank end for over the limit of the $50,000 monthly threshold.
No inactivity fee is levied from users for being inactive however prolonged inactivity may result in deactivation in your account.
How to download the Axi Trading App?
This App is available for Android devices as well as iOS devices. Hence you will find the app on the Google Play Store and App Store.
You can search for the same from Google Play Store and App Store for Android Devices and iOS devices respectively.
What features does Axi One App have?
Axi mobile trading app gives a trader the flexibility in choice-making among different liquidity options available. You will get to choose from 20 liquidity providers.
This app maintains Efficiency, Flexibility, cost management, and performance and deems these traits as mandatory to keep their customers happy.
Can I trade in Shares via Axi Forex App?
Yes, you can trade in shares via Axi Forex App.
Usually, it is commission-free but if you go for a pro account that provides low spreads, then a $7 commission fee will be levied per round turn per standard lot.
Is the Axi Android App good?
Yes, The android app is user-friendly and comes in a very simple user interface.
The app has fast execution speeds along with tight spreads and thus it remains a favorite for most brokers.
The Axi Android app is readily available for Android devices from the Google Play store
Does Axi App have EKYC Feature?
Yes, the App has the EKYC feature and it takes almost 2 days to get your personal information to be verified.
Does the Axi Mobile Trading App provide Tips?
The Axi App provides tips, tutorials, and advice so that you can be more knowledgeable about trading and the share market.
How to Buy Currencies via Axi App?
You need to log in to your user account and submit a deposit request and then you will get a wide range of deposit options like Bank Wire transfers, BitCoins, credit cards, debit cards, and other online payment processors like Skrill, Neteller, China Union Pay, and Moneybookers.
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