BrokAIr Reviews

Axitrader Review

"Axitrader offers some of the lowest trading fees available on the market, but this comes at a cost - the user experience can be quite frustrating." Is Axitrader really worth it?

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Axitrader Overview

Axitrader is an online broker founded in 2007. It is one of the oldest and most established online brokers in the industry. It is regulated by some of the most reputable regulatory bodies in the world, including the Australian Securities and Investments Commission (ASIC). The company is owned by AxiCorp Financial Services Pty Ltd, which is a publicly listed company on the Australian Securities Exchange (ASX). Axitrader offers a wide range of trading instruments, such as Forex, CFDs, indices, commodities, stocks, and cryptocurrencies.

Top Pros and Cons



Founders & Public Opinion

Axitrader was founded by Dean Jenkins and David Scutt. Both are highly experienced traders and have been in the online trading industry for more than 20 years. The company has a good public opinion with many positive reviews from customers on various websites. Most customers are pleased with their customer service and support and appreciate their competitive spreads and fast execution speeds.

Newsworthy Events & Developments

In 2019, Axitrader acquired the Australian Forex broker IC Markets, which further strengthened its presence in the Australian market. In 2020, the company launched its own social trading platform called Axitrader Copytrader, which allows traders to copy the trades of other successful traders. Axitrader has also launched its own mobile app for Android and iOS devices, allowing users to trade on the go.