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Axi review

Axi Review

Overall, Axi is considered an average risk, with an overall Trust Score of 84 out of 100. Axi is licensed by three Tier-1 Regulators (high trust), one Tier-2 Regulator (average trust), and one Tier-3 Regulator (low trust). Axi is currently not regulated by the bank of Namibia

Updated : July 6, 2022

Jump to:

Regulation and Safety of Funds

Account Types and Features

Account Registration

Trading Platforms

Range of Markets

Fees

Deposits and Withdrawals

Education and Research

Affiliate Program

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

USD 0 / 0 NAD

Regulators

FSA, FCA, ASIC, DFSA

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

66

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Axi Overview

👉 Axi offers three different retail trading accounts namely a Standard Account, Pro Account, and Elite Account.

 

👉 Axi is a multi-regulated online broker founded by traders for traders, and it has been in business since 2007. They provide industry-leading trading conditions on a wide variety of markets, including FX, equities, cryptocurrencies, and commodities.

 

👉 Axi has engulfed the world by becoming an effective ecosystem of traders, brokers, and trading platforms, including everyone from novices to seasoned traders. Axi, like any other platform, has been rigorously scrutinized to dispel any concerns that traders may have.

 

👉 Since its introduction and launch in 2007, Axi has grown to become a leading worldwide broker, earning a reputation for its creative, customer-centric strategy and superior AI technologies.

 

👉 This Axi review for Namibia will provide local retail traders with the details that they need to consider whether Axi is suited to their unique trading objectives and needs.

 

👉 Axi accepts Namibian clients and has an average spread from 0.0 pips with a $7 commission round turn. Axi has a maximum leverage ratio up to 1:500 and there is a demo and Islamic account available.

 

👉 With Axi, the MT4 platform is supported on desktop, web, and mobile. Axi is headquartered in Australia and regulated by ASIC, SVG FSA, FCA, FMA, and DFSA.

 

Axi Distribution of Traders

Distribution of Traders Namibia

 

👉 Axi currently has the largest market share in these countries:

➡️ Brazil – 9.7%

➡️ Spain – 7.5%

➡️ United Kingdom – 6.6%

➡️ Malaysia – 4.7%

➡️ United States – 4.1%

 

Popularity among traders who choose Axi

🥇 Even though Axi does not have a huge market share in Namibia, it is among the Top 30 brokers that welcome Namibian traders.

 

Axi At a Glance

🏛 HeadquarteredAustralia
⚖️ Local Market Regulator in NamibiaThe Bank of Namibia (BoN)
💰 Foreign Direct Investment in Namibia906.71 NAD Million in 2021
💸 Foreign Exchange Reserves in Namibia16107.37 NAD Million in 2022
🏛 Local office in Windhoek?No
⚖️ Governor of SEC in NamibiaNone
✔️ Accepts Namibian Traders?Yes
🗓 Year Founded2007
📞 Namibian Office Contact NumberNone
📱 Social Media Platforms• Facebook
• Twitter
• Telegram
• LinkedIn
⚖️ RegulationASIC, SVG, FCA, FMA, DFSA
1️⃣ Tier-1 Licenses• Australian Securities and Investment Commission (ASIC)
• Financial Conduct Authority (FCA)
• Financial Markets Authority (FMA)
2️⃣ Tier-2 Licenses• Dubai Financial Services Authority (DFSA)
3️⃣ Tier-3 Licenses• Saint Vincent and the Grenadines Financial Services Authority (SVG FSA)
🪪 License Number• Australia – AFSL 318232, ABN 85127606348
• Saint Vincent and the Grenadines – 25417
• United Kingdom – 509746
• New Zealand – FSP 518226
• Dubai – F003742
⚖️ BoN RegulationNone
❌ Regional RestrictionsUnited States, Canada, Iran
☪️ Islamic AccountYes
💻 Demo AccountYes
🛍 Retail Investor Accounts3
✔️ PAMM AccountsYes, MAM
💧 Liquidity ProvidersYes, 14 global banks
💰 Affiliate ProgramYes
💻 Order ExecutionMarket
📊 Starting spread0.0 pips, Variable
💰 Minimum Commission per TradeFrom $3.5
💸 Decimal PricingUp to 5 digits after comma
📞 Margin Call90%
🛑 Stop-Out50%
💰 Minimum Trade Size0.01 lots
💵 Maximum Trade Size1,000 (US500)
✔️ Crypto trading offered?Yes, CFDs
✔️ Offers a NAD Account?No
👥 Dedicated Namibian Account Manager?No
📈 Maximum Leverage1:500
📋 Leverage Restrictions for Namibia?No
💰 Minimum Deposit (NAD)0 NAD ($0)
✔️ Namibian Dollar Deposits Allowed?Yes
👥 Active Namibian Trader Stats150,000+
🤝 Active Namibian-based Axi customersUnknown
💰 Namibia Daily Forex TurnoverUnknown, overall Forex Daily Trading Volume is over $6.6 Trillion
💵 Deposit and Withdrawal Options• Credit and Debit Card
• Bank Transfers
• Internet Banking (International)
• QR Payments
• Electronic Payment Gateways
⏰ Minimum Withdrawal TimeInstant
🕙 Maximum Estimated Withdrawal TimeBetween 1 to 3 Business Days
✔️ Instant Deposits and Instant Withdrawals?Yes
🏧 Segregated Accounts with Namibian Banks?Yes
💻 Trading PlatformsMetaTrader 4
💵 Tradable Assets• Forex
• Share CFDs
• Indices
• Commodities
• Oil
• Precious Metals
• Cryptocurrency CFDs
• CFDs
✔️ Offers USD/NAD currency pair?No
📊 USD/NAD Average SpreadN/A
✔️ Offers Namibian Stocks and CFDsNone
🗣 Languages supported on the WebsiteEnglish
📞 Customer Support LanguagesMultilingual
✔️ Copy Trading SupportYes
⏰ Customer Service Hours24/5
🧑‍💻 Namibian-based customer support?No
💰 Bonuses and Promotions for NamibiansNone
📚 Education for Namibian beginnersYes
✔️ Proprietary trading softwareNo
🥇 Most Successful Namibian TraderMichael Amushelelo (Net Worth Unknown)
✔️ Is Axi a safe broker for Namibians?Yes
🥇 Rating for Axi Namibia9/10
🎖 Trust score for Axi Namibia84%
👉 Open Account👉 Open Account

Axi Regulation and Safety of Funds

Axi Regulation and Safety of Funds Namibia

 

Axi Regulation in Namibia

👉 Axi does not have local regulations or licenses with the Bank of Namibia (BoN). However, Axi is well-regulated by several other reputable market regulators.

 

Axi Global Regulations

👉 As a licensed broker, Axi must comply with all legislation and standards in place to safeguard investors. Axi’s corporate family consists of the following regulated entities:

➡️ AxiCorp Financial Services Pty Ltd is registered in New Zealand as a Derivatives Issuer under FSP 518226 under the trade name AxiTrader. New Zealand’s Financial Markets Authority (FMA) regulates Axi effectively.

➡️ AxiCorp Financial Services Pty Ltd is registered as a Non-DIFC Company in Dubai and operates under F003742. In addition, AxiCorp Financial Services Pty Ltd is licensed and regulated by the Dubai Financial Services Authority (DFSA).

➡️ Axi is registered in Saint Vincent and the Grenadines as AxiTrader Limited, a BC-Business Company, with registration number 25417. Axi is regulated by Saint Vincent and the Grenadines Financial Services Authority (SVG FSA).

➡️ Axi is regulated in the United Kingdom by Axi Financial Services (UK) Limited, reference number 466201, and AxiCorp Limited, reference number 509746.

➡️ Number the trade name AxiTrader, AxiCorp Financial Services Pty Ltd is well-regulated by the Australian Securities and Investments Commission (ASIC) in Australia, where it possesses an AFSL License under 318232.

 

Axi Client Fund Security and Safety Features

👉 Axi is a registered broker, which means it must adhere to stringent laws and standards to safeguard investors. Several regulated firms are part of the AxiTrader group.

 

👉 Namibians must bear in mind that while Axi is controlled by various authorities in different areas, each market has its own set of restrictions.

 

👉 If traders sign up with Axi UK, they must consider that the entity must follow the laws of the European Securities and Markets Authority (ESMA). These regulations restrict the amount of leverage available to EU consumers as well as how financial services are presented.

 

Axi Awards and Recognition

👉 Throughout its history, Axi has received industry accolades for dependability, integrity, customer service, and client satisfaction frequently across the globe for great trading service. Some of the most recent awards are as follows:

➡️ Best CFD Provider, awarded during the Shares Awards in 2021.

➡️ Best Trading Loyalty Program in 2021, issued during the Professional Trader Awards.

➡️ Best EMEA Region Broker in 2020, issued during the ADVFN International Awards.

➡️ Best Forex Broker in the Middle East, awarded by forex-awards.com in 2019.

Axi Account Types and Features

Axi Account Types Namibia

 

👉 Axi offers a choice between the following live trading accounts:

➡️ Standard Account

➡️ Pro Account

➡️ Elite Account

 

👉 Axi provides three MT4 market-execution accounts, two with no minimum deposits and one with an exceptionally large initial deposit but unbelievably cheap trading expenses. The trading fees are included in the spread for the Standard Account, but the Pro and Elite accounts have narrower spreads and a tiny charge for each transaction.

 

Axi Live Trading Account Details

Standard Account

👉 The Standard Account is Axi’s entry-level account, intended for Namibian traders of all skill levels who are looking for the best trading conditions at a reasonable price.

Account FeatureValue
💰 Account setup costsNone
📊 Average spreadsFrom 0.4 pips
💸 Commissions on tradesNone
📉 Minimum Position Size0.01 lots
💵 Minimum deposit requirement0 NAD
📊 Range of marketsAll
📱 Mobile trading offered?Yes
✔️ MT4 NextGen offered?Yes
✔️ Margin and Leverage offered?• Margin from 3.33%
• Leverage up to 1:500
💵 Base Account CurrencyAUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
✔️ Demo trading availability30 days
💻 VPSYes, free
🧑‍💻 Expert Advisors offered?Yes
✔️ AutoChartistYes
✔️ Myfxbook AutoTrade offered?Yes
✔️ PsyQuation offered?Yes
✔️ PsyQuation Premium offered?Yes

 

Pro Account

👉 Professional traders who understand how financial markets work, practice effective risk management and have proven their approaches should use the Pro Account.

Account FeatureValue
💰 Account setup costsNone
📊 Average spreadsFrom 0.0 pips
💸 Commissions on trades$7 round trip
📉 Minimum Position Size0.01 lots
💵 Minimum deposit requirement0 NAD
📊 Range of marketsAll
📱 Mobile trading offered?Yes
✔️ MT4 NextGen offered?Yes
✔️ Margin and Leverage offered?• Margin from 3.33%
• Leverage up to 1:500
💵 Base Account CurrencyAUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
✔️ Demo trading availability30 days
💻 VPSYes, free
🧑‍💻 Expert Advisors offered?Yes
✔️ AutoChartistYes
✔️ Myfxbook AutoTrade offered?Yes
✔️ PsyQuation offered?Yes
✔️ PsyQuation Premium offered?Yes

 

Elite Account

👉 The Elite Account is geared at more experienced traders. Exclusive market research, free VPS services, and specialized trading tools are also available to Elite account members.

 

👉 Traders who opt to trade via the ASIC-regulated company will benefit from the same trading terms as SVG FSA-regulated traders on this account, including up to 1:400 leverage.

Account FeatureValue
💰 Account setup costsNone
📊 Average spreadsFrom 0.0 pips
💸 Commissions on tradesFrom $3.50 round trip
📉 Minimum Position Size0.01 lots
💵 Minimum deposit requirement390,000 NAD or an equivalent to $25,000
📊 Range of marketsAll
📱 Mobile trading offered?Yes
✔️ MT4 NextGen offered?Yes
✔️ Margin and Leverage offered?Up to 1:400
💵 Base Account CurrencyUSD, EUR, GBP, AUD
✔️ Demo trading availability30 days
💻 VPSYes, free
🧑‍💻 Expert Advisors offered?Yes
✔️ AutoChartistYes
✔️ Myfxbook AutoTrade offered?Yes
✔️ PsyQuation offered?Yes
✔️ PsyQuation Premium offered?Yes

 

Axi Base Account Currencies

👉 When traders register an account with Axi, they can choose between AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD as the account’s default currency, depending on the account. If traders deposit or withdraw in currencies other than these, they will face a currency conversion fee.

 

Axi Demo Account

Axi Demo Account Namibia

 

👉 Axi provides a 30-day sample account with a virtual balance of 50,000 Australian dollars. Axi will offer you a personal account manager to help you and answer any queries you may have while using your trial account.

 

👉 The demo account allows you to try out Axi’s services without risking any money, but the 30-day restriction is unique because many brokers typically provide unlimited demo accounts, but without the dedicated account management service.

 

Axi Islamic Account

Axi Islamic Account Namibia

 

👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.

 

👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.

 

👉 Axi’s customers can expect first-rate service from a reputable broker like Axi, regardless of where they reside. Muslim traders in Namibia may create a swap-free and interest-free account using Axi’s services.

 

👉 Traders in Namibia who create an Islamic account will get a Trading Notice detailing the account’s interest-free status as well as the most basic regulations and restrictions.

How to open an Account with Axi in Namibia

To register an account with Axi, Namibian traders can follow these steps:

 

👉 Step 1 – Complete online application

 

The process of opening an account with Axi is simple and straightforward. The applicant is required to complete the online application form by filling in their details. Axi’s website is encrypted and thus all personal information provided and entered is always secure.

Axi account registration step 1 Namibia

 

👉 Step 2 – Upload identification copy

 

As soon as the application form has been completed, the applicant’s identification will need to be verified. This is done through the uploading of either a copy of the applicant’s ID card, Driver’s License or Passport.

Axi account registration step 2 Namibia

 

👉Step 3 – Verify proof of residence

 

In addition, the applicant’s proof of residence must be verified and therefore a utility bill or bank statement not older than 3 months must be uploaded along with the proof of identification.

Axi account registration step 3 Namibia

 

👉 Step 4 – Fund account

 

Once the application has been submitted and required documents have been approved, the applicant will receive their login details. The account can then be funded, and trading can commence.

Axi account registration step 4 Namibia

Axi Vs Alpari Vs RoboForex – Broker Comparison

Axi AlpariRoboForex
⚖️ RegulationASIC, SVG, FCA, FMA, DFSAFSCIFSC
📱 Trading PlatformMetaTrader 4• MetaTrader 4
• MetaTrader 5
• Alpari Mobile App
• MetaTrader 5
• MetaTrader 5
• cTrader
• R StocksTrader
• RoboForex Terminal
• CopyFX App
💸 Withdrawal FeeYesYesYes
💻 Demo AccountYesYesYes
💵 Min Deposit0 NAD75 NAD145 NAD
📊 Leverage1:500Up to 1:10001:2000
📊 Spread0.0 pipsFrom 0.4 pips0.0 pips
💰 CommissionsFrom $3.5$1.5$3 to $4
🛑 Margin Call/Stop-OutFrom 90%/50%

• 60% to 120%
• 30% to 100%
Stop-out 100% to 10%
💵 Order ExecutionMarketInstant and MarketMarket
💰 No-Deposit BonusNoneNoYes
💵 Cent AccountsNoNoNo
💻 Account Types• Standard Account
• Pro Account
• Elite Account
• Forex Standard Account
• Forex Micro Account
• Forex ECN Account
• Forex Pro Account
• RoboForex Prime Account
• RoboForex ECN Account
• RoboForex R StocksTrader Account
• RoboForex ProCent Account
• RoboForex Pro Account
⚖️ BoN RegulationNoneNoneNone
💸 NAD DepositsYesYesYes
💰 NAD AccountNoNoNo
📞 Customer Service Hours24/524/524/7
🛍 Retail Investor Accounts245
☪️ Islamic AccountYesYesYes
💵 Minimum Trade Size0.01 lots0.01 lots0.01 lots
📈 Maximum Trade Size1,000 (US500)250 lots10,000 (Cent)
⏰ Minimum Withdrawal TimeInstantInstantUp to 24 hours
💻 Maximum Estimated Withdrawal TimeBetween 1 to 3 Days3 to 5 Business DaysUp to 3 working days
💵 Instant Deposits and Instant Withdrawals?YesYesYes, Skrill and Neteller

Overall Rating

Min Deposit

USD 0 / 0 NAD

Regulators

FSA, FCA, ASIC, DFSA

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

66

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Axi Trading Platforms

👉 Axi offers Namibian traders a choice between these trading platforms:

➡️ MetaTrader 4

 

Desktop Platforms

Axi Desktop Platforms Namibia

 

👉 This is the most popular version of MetaTrader 4, which is used to trade the financial markets by millions of traders around the globe.

 

👉 Using the high-performance MT4 platform, you may access Axi’s comprehensive range of trading instruments. Simply download and install MT4 for PC or Mac and log in to your account to begin trading.

 

👉 Technical indicators for chart analysis, automated trading, one-click trading, and customisable charts and tools are just a few of the benefits and capabilities offered by MT4. Furthermore, Axi’s MT4 offers co-located servers and fibre optics for faster trading execution.

 

WebTrader Platforms

Axi WebTrader Platforms Namibia

 

👉 MetaTrader 4 Web now offers additional services in addition to the most powerful trading and analysis capabilities. With this software, forex trading is a snap, and Namibians can make use of the sophisticated MetaTrader 4 trading system to execute any trading plan.

 

👉 You may use instant execution, trading from the chart, stop orders, and trailing stops. A tick chart and your trade history are also available. Even the most sophisticated trading methods may be automated with the help of an Expert Advisor, which does all the work for you.

 

👉 Trading robots can handle both trading and analysis, saving you time and enabling you to concentrate on other elements of your company.

 

Trading App

Axi Trading App Namibia

 

👉 The MT4 mobile platform makes it possible for you to connect any mobile device running iOS or Android to the trading platform easily and straightforwardly.

 

👉 Several functions, such as checking real-time prices, managing trades, executing transactions, seeing account history, monitoring positions, creating custom charts, and setting alerts, are all at your disposal.

 

👉 People that need to be able to access their accounts from a variety of locations can benefit from this feature. Downloading MT4 mobile is completely free and can be done so via the app shops that are specific to Android and iOS.

 

Axi Range of Markets

Axi Range of Markets Namibia

 

👉 Namibian traders can expect the following range of markets from Axi:

➡️ Forex

➡️ Share CFDs

➡️ Indices

➡️ Commodities

➡️ Oil

➡️ Precious Metals

➡️ Cryptocurrency CFDs

➡️ CFDs

Broker Comparison for Range of Markets

🥇 Axi🥈 Alpari🥉 RoboForex
➡️ ForexYesYesYes
➡️ Precious MetalsYesYesYes
➡️ ETFsNoNoYes
➡️ CFDsYesYesYes
➡️ IndicesYesYesYes
➡️ StocksYesYesYes
➡️ CryptocurrencyYesNoYes
➡️ OptionsNoNoNo
➡️ EnergiesYesYesYes
➡️ BondsNoNoNo

Axi Trading and Non-Trading Fees

Axi Review Trading Fees Namibia

 

Spreads

👉 Traders from Namibia should expect a diverse set of spreads while using the Axi platform. These spreads will vary based on the trading instrument, the account, and the market conditions. The following spreads are something that residents of Namibia might anticipate seeing:

➡️ Standard Account – variable, from 0.4 pips

➡️ Pro Account – variable, from 0.0 pips

➡️ Elite Account – variable, from 0.0 pips

 

Commissions

👉 Traders can expect commission charges on accounts that offer zero-pip spreads. By charging these commission fees, Axi is compensated for facilitating the trade. Namibian traders can expect these commission fees:

➡️ Pro Account – From $7 per round turn, which is $3.50 per side

➡️ Elite Account – From 3.5 per round turn, which is $1.75 per side

 

Overnight Fees, Rollovers, or Swaps

👉 Traders in Namibia may access real-time overnight fees and spread information straight from their MetaTrader 4 trading platform. This information is available for several financial products.

 

👉 CFD Traders who also engage in Futures CFD trading should be aware that overnight costs are associated with both types of contracts.

 

Deposit and Withdrawal Fees

👉 When Namibian traders deposit funds into the trading account using card payments, and they exceed the monthly limit of US$50,000, they will be subject to a fee of 3% on the transaction.

 

👉 Withdrawals with Axi are free if they exceed the minimum withdrawal of $50. If traders withdraw smaller amounts than this, they are subject to a $25 withdrawal fee.

 

Inactivity Fees

👉 Axi charges an inactivity fee of $10, or an equivalent in AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, or SGD, depending on the account type. This fee is applied after a live trading account becomes dormant after 12 consecutive months.

 

Currency Conversion Fees

👉 If traders make deposits or withdrawals in currencies other than AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, or USD (according to their account type), they will face currency conversion fees.

Axi Deposits and Withdrawals

Axi Review Deposits And Withdrawals Namibia

 

👉 Axi offers the following deposit and withdrawal methods:

➡️ Credit Card

➡️ Debit Card

➡️ Bank Transfers

➡️ FasaPay

➡️ Sofort

➡️ Giropay

➡️ iDEAL

➡️ Neteller

➡️ Skrill

➡️ PIX

➡️ Boleto

➡️ Brazil Internet Banking

➡️ Chinese Internet Banking

➡️ Thailand Internet Banking

➡️ Vietnamese Internet Banking

➡️ Indonesian Internet Banking

➡️ Polish Internet Banking

➡️ Hong Kong Internet Banking

➡️ Malaysian Internet Banking

➡️ Philippines Internet Banking

➡️ South African Internet Banking

➡️ Nigerian Internet Banking

➡️ Kenyan Internet Banking and MPesa

➡️ Laos QR Payments

➡️ Myanmar QR Payments

➡️ AstroPay

 

How to Deposit Funds with Axi

👉 To deposit funds to an account with Axi, Namibian traders can follow these steps:

➡️ Once your account is established, you will be given a login ID and password.

➡️ Log in to the Axi customer site and browse to the “Add Funds” area (on the left-hand panel) to see your account’s financing choices.

 

👉 Before depositing into the trading account, Namibians must note the following:

➡️ Axi, as a trustworthy broker, prioritizes online security and fraud prevention. The broker employs industry-standard encryption for online payments and takes extra validation methods, such as confirming that any deposits and withdrawal requests match the name on your credit card, to guarantee your account is entirely safe.

➡️ These little but important steps add important layers of protection to your account, ensuring that all Namibian traders have access to a safe and secure trading environment.

➡️ To reduce the time it takes for money to reflect in the trading account, Namibians must make all deposit requests via the Axi Secure Client Portal.

➡️ Subsequently, Namibians can rest assured that Axi’s finance department is aware of the payment and that the funds will be transferred to the relevant trading account as soon as possible.

➡️ Namibians can use the Secure Client Portal to find out what payment options are available in the trader’s home country. Axi does not accept payments from outside parties.

➡️ Any contributions to your trading account should be made to a bank account with the same name as the one used during account registration.

 

Axi Fund Withdrawal Process

👉 To withdraw funds from an account with Axi, Namibian traders can follow these steps:

➡️ You may access your account and make withdrawals via the Client Portal.

➡️ Go to the Client Portal and choose Withdraw Monies to withdraw funds from your account (in the left-hand panel).

➡️ Select the withdrawal method from the drop-down menu and follow the on-screen instructions.

➡️ When you make your first withdrawal from your account, you will need to provide your bank account information as well as your most recent bank statement for verification.

➡️ If you are withdrawing by Bank Transfer, go to Bank Accounts (in the left-hand panel), choose New Bank Account, and then enter your account information and a recent bank statement (in PDF or picture of a paper statement).

➡️ To withdraw to your bank account, you must use the same withdrawal method as you used to deposit.

➡️ Deposits will be processed, and bank account verification will be done within two business days after receipt.

Axi Education and Research

Axi Education and Research Namibia

 

Education

👉 Axi offers the following Educational Materials:

➡️ MetaTrader 4 Video Tutorials

➡️ Free eBooks

➡️ Axi Trader’s Blog

➡️ Axi Academy

➡️ Trading Courses

➡️ Trading Education

➡️ Trading Tools and Resources

 

👉 Axi also offers Namibian traders the following additional Research and Trading Tools:

➡️ Essential market news

➡️ Market analysis

➡️ Expert commentary

➡️ VPS Hosting

➡️ Social Trading and Signal Providers

➡️ PsyQuation

➡️ PsyQuation Premium

➡️ AutoChartist

➡️ MT4 NextGen

Axi Bonuses and Promotions

👉 Axi does not currently offer any bonuses or promotions to Namibian traders.

Overall Rating

Min Deposit

USD 0 / 0 NAD

Regulators

FSA, FCA, ASIC, DFSA

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

66

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

How to open an Affiliate Account with Axi

How to open an Affiliate Account with Axi Namibia

 

👉 To register an Affiliate Account, Namibians can follow these steps:

➡️ Namibians could become Axi Affiliates by going to the broker’s official website and selecting “Partnerships.”

➡️ Namibians can peruse the material on the website to select which partnership path they want to take and then call Axi customer service to start the application process.

➡️ Namibians can also choose their collaboration path and complete the Partner Portal registration on the Axi website.

➡️ Namibians who already have a live trading account with Axi and want to become an introducing broker can get application forms and further information by contacting their account manager.

 

Axi Affiliate Program Features

👉 Affiliates may earn up to $1,000 per qualified client via Axi’s affiliate program. Axi Affiliates is a simple method to make money from visitors to your website.

 

👉 Namibians may profit from Axi’s commission-based referral program by referring customers to the broker. Namibian traders who become Master Affiliates may earn up to $1,000 CPA per qualified customer, plus a 10% commission on Sub-Affiliate sales.

 

👉 Some of the benefits of joining Axi’s affiliate program are as follows:

➡️ Tiered payment structures will be developed as the affiliate’s website traffic rises. The more Namibians who endorse and refer customers to Axi, the more commission they may be able to earn for each new Axi customer.

➡️ Affiliates can simply track their consumers and track the success of their campaigns.

➡️ Banners, landing pages, and a range of other marketing tools are supplied to affiliates to help them acquire more clients.

➡️ There are several payment methods available for swiftly and easily withdrawing commissions.

➡️ Dedicated customer service for the duration of the Affiliate’s trip.

 

Axi Customer Support

👉 Axi has a worldwide, multilingual workforce accessible to assist you 24 hours a day, seven days a week. Customer care is available by online chat, phone, and email, and customers are assigned personal account managers for a more personalized experience.

 

👉 With offices throughout the world, someone from the support staff is always available to answer your general or technical issues. Support is available in 14 different countries and six different languages.

 

👉 In addition, Axi offers some of the best customer service you will find anywhere, as shown by their multiple accolades.

 

Axi Corporate Social Responsibility

👉 Axi is dedicated to improving the lives of people all around the globe. Axi has selected the STaR Association as her local charity. Axi and STaR are excited to be a part of numerous projects by collaborating to help enhance the lives of children and their families in local communities.

➡️ The STaR Association is committed to assisting children with special needs and disabilities in achieving their full potential. Enrolling, training, and integrating them into local childcare facilities is how they do this.

➡️ When STaR originally launched in 2002, there were just five children in the first day-care centre.

➡️ Thus far, 27 day-care centres have assisted over 400 children and their families, and STaR supports childcare facilities throughout Sydney’s west and north-west.

➡️ Early inclusion of children with disabilities has been successful in these programs, and those with disabilities may benefit from STaR’s lifelong education programs.

Verdict on Axi

👉 Axi has a great reputation in the Forex trading community and is regulated by some of the world’s leading authorities, including the FCA in the United Kingdom and ASIC in Australia.

 

👉 Axi offers many deposit and withdrawal options from which to choose. Credit cards, bank transfers, and online payment processors such as Neteller, Skrill, FasaPay, and Sofort may all be used.

 

👉 Axi is also one of the few brokers who take Bitcoin for cryptocurrency payments. Axi provides a comprehensive set of trading tools that work perfectly with the MT4 platform.

 

👉 Axi offers a well-curated set of trading tools that will benefit all MT4 users. While many of these resources are “free” to Axi customers, several of them need larger minimum deposits. Overall, Axi is one of the industry’s most amazing brokers.

 

👉 Axi differs from other brokers in a variety of ways, particularly when it comes to market research, education, and customer service.

Axi Current Popularity Trends

👉 According to Google Trends, Axi has seen an increase in Google Searches in the past month. 

 

Axi Pros and Cons

✔️ Pros❌ Cons
Axi is multi-regulated in several regionsThere are currency conversion fees and inactivity fees charged
Axi supports MetaTrader 4, a market leader in trading technologyIf the conditions are not met, there are deposit and withdrawal fees charged
Namibian traders can expect competitive spreads and low commission chargesThere is no NAD-denominated account for Namibian traders
Axi offers commission-free trading accountsThere is only one trading platform offered and no proprietary trading technology
There is an enormous range of deposit and withdrawal options offered
There are several powerful and useful trading tools offered to professional Namibian traders
Namibians have access to AutoChartist, VPS hosting, signal providers, and many more resources
Beginner Namibian traders have access to the Axi trading academy to help them on their trading journey

Frequently Asked Questions

Does Axi allow scalping?

Yes, Axi allows scalping along with several other trading strategies including hedging, EAs, and more.

 

Is Axi an ECN broker?

Yes, Axi is an ECN broker that offers forex and CFD financial instruments.

 

What is the withdrawal time with Axi?

Axi offers instant withdrawals on some payment methods, but on others, it can take between 1 to 3 working days for funds to reflect in the trader’s bank account.

 

Does Axi use MetaTrader 5?

No, Axi does not currently offer MetaTrader 5, but only offers MetaTrader 4 which can be used on desktop, web, and mobile.

 

What is the minimum deposit for Axi?

Axi does not have a dedicated minimum deposit requirement on the Standard and Pro Accounts but requires an initial investment of $25,000 on the Elite Account.

 

Is Axi regulated?

Yes, Axi is regulated in Australia by the ASIC (Tier-1), the United Kingdom by the FCA (Tier-1), New Zealand by the FMA (Tier-1), Dubai by the DFSA (Tier-2), Saint Vincent and the Grenadines by SVG FSA (Tier-3).

 

Does Axi have Nasdaq?

Yes, Nasdaq forms part of Axi’s extensive portfolio of tradable financial instruments that can be traded.

 

Is Axi safe or a scam?

Axi is a safe broker with a high trust score, a multi-regulated status that can be verified, and overall complimentary reviews from customers.

 

Does Axi have Volatility 75?

No, Axi does not currently offer VIX as part of its financial instrument portfolio. But several other indices can be traded as CFDs including S&P 500, Stoxx, Nasdaq, and many others.

Conclusion

👉 Now it is your turn to participate:

➡️ Do you have any prior experience with Axi?

➡️ What was the determining factor in your decision to engage with Axi?

➡️ Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?

➡️ Have you experienced any issues with Axi such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?

 

👉 Regardless, please share your thoughts in the comments below.

 

Addendum/Disclosure:

👉 No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

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