Company Name: AxiCorp Financial Services Pty Ltd
Address and Contact Details: Level 3, 80 Mount Street
North Sydney, NSW 2060, AUSTRALIA
Phone: 1300 888 936 (+61 2 9965 5830)
Fax: 1300 888 906 (+61 2 9965 5899)
Sign Up Offer: No
Demo Account: Yes
Minimum Deposit: $200
Regulator: Australian Securities and Investments Commission (ASIC)
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AxiCorp Financial Services Pty Ltd offers a range of financial products and services to its retail and wholesale clients such as forex, CFDs, indices, oil, gold and silver. The company has a long history of working in the Financial Services Industry.
Money deposited with AxiCorp is invested under Australian Client Money Rules.
Brokering Features and Fees
– min stock commission – $3.50 per lot traded ($7 round trip) AUD or equivalent in other funding currency, rounded to the nearest 50c.
AxiTrader provides the cutting-edge trading platform Metatrader 4 (MT4) to its traders, which is a widely used platform for Forex and CFD trading. The platform underlines all the necessary features that a trader may require for trading Forex, CFDs and Futures.
Some of the salient features of Metatrader 4 platform are:
User Interface: The interface of MT4 contains a customizable main menu and toolbar that gives a trader to watch the Market the way he wishes to. The simple site navigator and ‘Terminal’ window bring all relevant charts related to available financial instrument for trading.
Technical Indicators: MT4 has more than 30 built-in technical indicators that a trader can successfully use to analyze market movements of various instruments.
Expert Advisors: MT4 has an optimization process in which traders can adjust parameters for maximizing their profits.
Chart Options: In Metatrader 4, charts can be tailored to make the work of the trader more convenient and simple.
Analytics Tools: The analytical tools of Metatrader 4 help determine the trends, price dynamics etc about the financial instruments in different financial markets. MT 4 has more than 30 built-in objects making it a comprehensive analytical tool for the traders.
Mobile Trading: Not available
Traders can trade in 28 currency pairs, gold and silver, oil and major futures on AxiTrader.
Deposits and Withdrawals
AxiTrader offers different types of fund deposit options to their traders, which include Wire Transfers, funding through Credit Cards and BPAY. They also allow broker to broker money transfers from several reputed companies. However, AxiTrader does not accept funds from third parties because of applicable AML / CTF laws.
Money can be deposited in AxiTrader trading account using a bank account or Credit Card only.
Local bank transfers are available in the currencies of EUR, GBP, SGD, CHF and NZD. In order to provide the local currency bank transfer facility to its clients, AxiTrader has opened its bank accounts in several countries like the UK, Singapore and New Zealand. This allows traders to deposit money in a local bank in their own country and thus, they can save on wire transfer fees while funding their accounts with AxiTrader.
AxiTrader also provides an on-line credit card facility to fund trading accounts in different currencies such as Australian Dollars, Euro, Japanese Yen, US Dollars, NZ Dollars, British Pound, Singapore Dollars and Hong Kong Dollar. AxiTrader charges a credit card processing fee of 0.9% for Australian credit cards, whereas for International credit cards, they charge a fee of 3.2%. International clients may be subjected to pay additional International Transactions Fees as charged by their respective card providers.
To withdraw funds from an AxiTrader account, the trader needs to provide their MT4 login details and needs to submit a withdrawal request. Alternatively, a trader can also contact their personal account manager as assigned to them by AxiTrader.