8 reviews of AxiTrader are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
One of the worst Broker I have come across in my 5 years of trading.
They have eaten my 400 $ profit by big slippage in price. Platform will freeze very oftern to eat your profits. They seem to be scam, and stay away from this Broker.
I have to say that my 3 year experience with Axitrader has been very good. All the posts about them running stops are unfounded since I closely monitor my trades and there is about a 50/50 average in that regard, and ive seen price come to my stoploss within less than a pip many times over and did not purge it, and other times it did, the odds are even enough. Perhaps adaptation to the current market fluctuations and outdated retail training videos on the web are whats giving too many traders problems with trading. I pick this broker to be in the top tier of the industry.
Guys do yourself a favour and stay away, the amount of manipulation is ludicrous stoploss hunting, slippage and the occasional loss of connection a broker that runs much like a casino that does not want you leaving with money so the house plays and wins every time, leaving you with nothing.
The second time on 2 monhts their servers completely collapesed. A real joke broker, I got caught up in the most recent crash and when I called them no body answered the phone and chat was dead. They still have not yet told us what happened we are all still in the dark. I have had engouh of this so called big broker, they are totally unreliable.
Read the forums and you will see that most clients are have also had enough and are leaving them.
Im not sticking around like a duck waiting to get shot, Im our too.
I would back up John's comments, Axi are a great broker in all my dealings with them. I've used them now for a number of years, firstly with a standard account and now their PRO account. Slippage is generally low, certainly compared to other brokers, and execution speeds are always good. The guys there are always decent to deal with too, I really doubt Vans review is genuine as I've never experienced any of what he claims to have happened to him. I've had other brokers talking down their competitors, but I haven't ever heard my Axi rep do it. And yes I've also used the brokers Vans mentions, and in the past also Synergyfx, GO Markets, Vantage, Fxsolutions, Alpari and others, but I always have my main account with Axi. I find the fills better if anything. The only time slippage might be an issue is if you are using EA's like MDP that trade during extreme volatility. And they do use Integral, you only have to check Integrals website to confirm this. Highly recommended in my book.
Currently AxiTrader has no presence or a single account in Switzerland which makes the review below appear to be from a competing broker. These reviews tend to be written on other sites and in a identical sort of language/structure. We apologise to any clients who may believe such reviews to be factual. As stated on the website, AxiTrader is not an ECN broker. We deliberately call our AxiTrader PRO accounts 'ECN Style' to bring some transparency back to an industry where clients can tend to be ill informed about 'TRUE ECN' accounts/brokers. More information can be found on the website regarding AxiTrader PRO accounts.
Any queries or genuine complaints can as always be directed to firstname.lastname@example.org and we would be happy to address any should they occur.
At one time I thought Axitrader we the good guys on the block good until I started making money and my account clearly got moved off ECN to some "OTHER" price feed. Slippage became a real issue and when I complained about how my fills were different to other brokers like Armada, IC Markets and Pepperstone they spent 30 minutes lecturing me how I don't know anything about the market and telling me about how these other brokers play tricks on traders and how Axitrader use Intergral are a REAL ECN... BOLLOCKS !!
They are just downgrading themselves by belittling me and talking down their own competitors, they should learn not to just bad mouth their competition but make themselves look better, their actions just just make them look worse.
I am going to withdraw my money after this latest episode as I can not stand people that put others down which is all Axitrader is good at, they are clearly having issues getting ahead any other way.
Show the world that you are better than the rest not put the rest down, shame on you Axitrader.
I am a part time EA trader. i am Exceptionally happy with this broker in my 14months with them...and I am surprised they have not seen more positive feedback to reviews. I use their pro account, minimal slippage but at least consitent. i use other brokers to mitigate any risk but it Is their service and execution which always makes Axi -T my #1 choice.
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