Online trading has gained a great deal of prominence in the last couple of years. Traders, big and small, are acknowledging the numerous benefits of relying on a trusted and regulated broker, which is precisely why many of them have already created an account with their preferred online forex brokers. However, when it comes to finalizing a broker, you must take a number of factors into account. For instance, the broker must provide an agile and user-friendly trading platform to its clients. Also, the broker must provide tight spreads, decent leverage and a whole lot of easy to use and comprehend features that make trading both quick and convenient for their clients. However, this is not as simple as it sounds.
A lot of investment, technology and market analysis goes into creating a successful online trading platform, which is precisely why one cannot blindly rely on just any online broker. As a trader, you need to collate some background details and information in addition to conducting an extensive research about the broker. It is also equally important to open a demo account with the broker as that provides you with a better understanding about their services, products and other offerings. This is exactly where you need the services and expert advice of an experienced or professional trader. Someone who is experienced enough to dig into the broker’s offerings and capable enough to determine whether they meet a trader’s expectations or not. This is one of the major reasons why we decided to conduct a review of the AxiTrader. During the review process, we gathered several facts and figures that traders around the world must take into account before opening an account with the broker.
Established in the year 2008, AxiTrader is an Australia based ECN broker situated in Sydney. As an ASIC regulated firm, AxiTrader offers excellent support and services to its clients. During the review procedure, our expert traders also discovered that the company has won several awards and accolades from financial organizations and institutions across the globe. Also, unlike other brokers, AxiTrader is open and accessible by traders from the U.S as well. In U.S.,the broker operates through its subsidiary -the AxiTrader USA. As far as trading of assets is concerned, the broker is quite well placed, as it offers its clients with several trading options in the form of silver, gold, indices, CFDs and oil.
However, these facts set aside, the best way in which you can find out whether the broker is worth your time or not is by opening an account with them. Almost every broker today has an impressive looking website with excellent trading features and options. But when it comes down to trading, their platform is not as quick or user-friendly as portrayed by them. Additionally, many of them forget to offer basic support during emergency or crisis hours. Remember, when you initiate a transaction or even if you intend to close one, you may have several questions running at the back of your mind.
As a result, you would want your broker to offer instant and appropriate answers to all your queries. This, however, is possible only if the online trading firm believes in delivering excellent quality services and an effective and trusted trading platform. Here, check out our review about AxiTrader and find out why their trading platform is regarded as one of the best in the industry. We reviewed the broker’s performance in six different categories and discovered that the broker fairs quite well in each of them. For further details and information, go through our review below.