Enjoy effortless crypto CFD trading with Axi (2024)

While there are a lot of trading platforms and online brokers available in the market currently, users need to find the one that fits their requirements the best. This includes a platform that is well regulated and user-friendly while also offering zero commission and minimal charges.

Axi is a forex and CFD broker built by traders, for traders. The company was founded in 2007 as AxiTrader and was recently rebranded to Axi in 2020.

Their platform provides traders with tight spreads, quick execution, and advanced trading tools. Axi is an award-winning broker that is licensed and regulated with a customer base in more than 100+ countries.

What Axi strives to achieve for their clients

Axi is driven to deliver these values to their clients and has helped lead them to develop their platforms, technology, and services. This includes:

  • Community of trusted traders: Axi has built a global community of traders by relying on its brand reputation as a trusted and transparent broker.
  • Innovative tools and ideas: In order to give its users, the upper hand, Axi incorporates solutions such as PsyQuation that would help users sharpen their strategies using the power of A.I. analytics. They also constantly work on adding more products and services to help out their users, like their Copy Trading app.
  • Lightning-fast execution: Axi’s high-performance technology and ongoing investments offer users lightning-fast execution, low spreads, and flexible leverage across a wide variety of FX pairs, share CFDs, indices, crypto CFDs and commodities.
  • Global reach: The platform has grown with over 60,000 customers in 100+ countries with over $2.5 trillion worth of trades in the last year alone. It is also a part of the global top 10 brokers and aims to address the needs of traders in emerging regions around the world.
  • Support and strategies: The Axi platform has been built by traders who understand the mindset, risk-control, methods, and strategies that would help users achieve their ambitions and capitalize on them.

Crypto CFD trading

Enjoy effortless crypto CFD trading with Axi (1)

Contracts for Differences or CFDs offer traders a way of trading and investing in an asset through engaging in a contract between the trader and a broker instead of directly opening a position on a certain market.

Cryptocurrency CFDs offer a different method of trading the very volatile crypto market. Traders do not own the cryptocurrency they open a position on, in fact they either make a profit or a loss from price movements through predictions of their chosen cryptocurrencies rising or falling in the market.

Crypto CFDs offer users the benefit of leverage wherein they can trade more than what their capital would originally let them if they were buying cryptocurrencies directly through an exchange.

CFDs can also be beneficial as they are more flexible in nature, letting traders limit market risks and hedge.

Trading cryptocurrency CFDs with Axi

Axi allows users to trade crypto CFDs with zero commission. Users can trade directly from the MetaTrader 4 platform and do not need a digital wallet. The leverage offered on crypto trades can go up to 5:1 on the platform while they also allow users to use EAs and algorithmic trading strategies for flexibility on trades.

Enjoy effortless crypto CFD trading with Axi (2)

The crypto CFDs include Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash. You can also deposit cryptocurrency into your Axi trading account to fund it and begin trading, those cryptos include Bitcoin, Tether, Ethereum, Litecoin, Stellar and Ripple

Axi Education

Enjoy effortless crypto CFD trading with Axi (3)

Axi has an education center that allows users of different skill levels the ability to learn and enter into the crypto space. All content available has been created by traders who understand the industry and the space well, covering a variety of topics through the use of eBooks, webinars, online trading courses and videos.

The Axi blog also has easy-to-follow tutorials and guides covering topics ranging from stocks, forex, blockchain, trading psychology, social trading, market analysis, and much more.

Final word

Axi has won several awards over the past few years including the Most Trusted Forex Broker and Best MT4 Provider at Forex Awards 2018 (UK). It has also won the Best EMEA Region Broker award at the ADVFN International Financial Awards in 2020. The platform accepts clients and users from all countries around the world except the USA, Canada, and Iran.

The platform offers almost unbeatable value with competitive prices along with a 24/5 customer support that is award-winning. The platform is currently giving away a combined $100,000 in cash and trading credit for their 14th birthday (T&C’s apply, giveaway closes on 15th January 2022).

For more information on Axi, please check out their official website.

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Disclaimer: This is a paid post and should not be treated as news/advice.

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Enjoy effortless crypto CFD trading with Axi (2024)

FAQs

Is crypto CFD trader legit? ›

In many countries, trading CFDs, including Bitcoin CFDs, is legal and regulated.

What is the leverage of Axi CFD? ›

Can I trade CFDs at Axi without leverage? Leverage is a loan provided to traders that makes it possible for them to buy and sell trading instruments with less initial capital needed. Depending on your region, Axi offers up to 500:1 leverage for standard trading accounts.

What is Axi crypto? ›

Axi offers a wide range of cryptocurrency trading products, including Bitcoin, Ethereum, Litecoin, Ripple, and many more.

What is crypto CFD trading? ›

A Contract for Difference (CFDs) for Cryptocurrencies allow traders to speculate on prices without taking direct ownership of the digital currencies. By trading cryptocurrencies in the form of CFDs, you get the opportunity to enter the market and invest in coins without paying the entire trade's value.

Has anyone made money with CFD? ›

The simple answer to this question is that yes, it's possible to make money with CFD trading. The long and more realistic answer is that you first need to hone your trading skills and have a lot of discipline, practice, and patience to do well in the market.

Can you lose money on CFD trading? ›

CFD trading, like any other form of online trading, involves risk. While a percentage of traders may gain profits and celebrate the rewards of CFD trading, a considerable percentage incurs losses.

How long does axi trading withdrawal take? ›

1-3 days

What is the minimum deposit for axi copy trading? ›

There is no minimum deposit requirement for Copiers. Just ensure you have enough funds to cover trade specifications and manage your risk effectively.

What is the minimum lot size in axi? ›

Axi Client Services

It varies per position but generally, our minimum lot size is 0.01 lot or 1 micro lot. Most of the Forex pairs can be traded at a minimum of 1 micro lot, regardless of the account type.

Is AXI Trader safe? ›

You can rest assured, Axi is considered reliable as it has multiple top-tier regulation, including FCA in the UK and ASIC in Australia. I have more than 15 years of experience as a forex trader, actively trading on a daily basis with many currency pairs.

Is AXI Trader regulated? ›

The Axi Group of Companies is multi-licensed and multi-regulated, with tens of thousands of active clients in 100+ countries. As traders ourselves, we understand what is important in trading.

Is AXI free? ›

Here's what we offer: 100% Free to join 0 Registration fees and no hidden costs* Get up to $1 million USD Earn 90% of profits on $1 million USD of our funds. 1:100 Leverage Enjoy higher leverage with an Axi Select account.

Why is CFD trading illegal? ›

The US Securities and Exchange Commission (SEC) restricts CFD trading because it is considered a form of over-the-counter (OTC) financial instrument that is not compliant with US securities laws.

Is CFD trading real or fake? ›

Cfd Trades is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

How do you make money with CFD? ›

CFDs work by mimicking the underlying market. So, while you can mimic a traditional trade that profits as a market rises in price, you can also open a CFD position that will profit as the underlying market decreases in price.

Is crypto trader real or fake? ›

If someone contacts you out of the blue, or you meet someone online who introduces you to a trading website you've never heard of before, chances are it's a fraud. It doesn't matter how much scam trading websites claim you will earn, or how easy or risk-free they say it will be, you will lose any money you give them.

How safe is CFD trading? ›

CFDs carry risk in the same way that any financial product carries risk – if the market moves against you, you lose money. However, the risks associated with CFDs can be greater because they are leveraged products.

Can you make a living from CFD trading? ›

It's possible to make money trading CFDs with experience and a thorough understanding of how the financial markets work. But, it's well known that around 75% of retail traders (private investors) lose money when trading CFDs.

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