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Yousef47
Within 1 year

What are the pros and cons of using Axi?

Broker Issues
Axi
Regulation
04-28
United States
WikiFX
Reply

Pros: Axi offers a wide range of trading instruments, including forex, commodities, cryptocurrencies, shares, and indices, making it a great option for diverse traders like myself. With a zero minimum deposit requirement, I find Axi accessible for new traders looking to test their strategies. The Pro account offers spreads starting from 0.0 pips, which is ideal for those of us who need tight spreads for scalping. The platform also supports Copy Trading, and the MT4/5 platforms are both excellent for technical analysis. Cons: One downside for me is the lack of copy trading options in the Elite account. Additionally, while the Axi demo account is useful for beginners, I noticed that it only provides $50,000 virtual funds, which may not be sufficient for more advanced traders who want to test larger positions.

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