Axi
Chris Cammack May 7, 2019 07:46 PM
An Australian broker with an excellent reputation, Axi is an MT4-only broker with three low-cost trading accounts and some of the best trading tools in the industry. We were also pleased to find that we were able to deposit funds via online banking in South African Rands. Although Axi limits its platform choice to MT4, it offers traders free use of various powerful technical analysis tools, including Autochartist, MyFxBook, and PsyQuation. These tools help experienced traders and serious beginners make better trading choices. We were also impressed with Axi’s high-quality trading education and frequent market analysis. Axi is not regulated by the FSCA and it allows South African traders to open accounts with its offshore brokerage, which is registered with the SVG FSA. The SVG FSA is not a regulator and does not supervise trading or protect traders. Traders who choose this option will not have negative balance protection, which means they can lose more than their initial deposit.