AXITRADER MT4 DOWNLOAD FOR WINDOWS PRO

Therefore, I consider it pointless, as traders use demo accounts to test applications and trading strategies, which requires significantly more than 30 days. While Axi offers a demo account with flexible options concerning the account balance, base currency, and leverage, it is limited to 30 days. The commission of $7.00 per round lot remains competitive, and spreads start as low as 0.0 pips, an ideal combination for algorithmic traders and scalpers.

AXITRADER MT4 DOWNLOAD FOR WINDOWS PRO

It is an expensive account, and I recommend traders opt for the Pro alternative. I advise against the former, which despite the advertised minimum spread of 0.4 pips, carries costs roughly three times above that and beyond. Traders have access to two account types, the commission-free Standard and the commission-based Pro. I recommend the following step for MT4 traders to access trading hours:Дў. Taking a 1.0 standard lot buy/sell position, in the EUR/USD at the tightest spread and holding it for one night will cost the following: Scroll down until you see Swap Long and Swap Short.Д«elow is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-based Axi Pro account. Right-click on the desired symbol in the Market Watch window and select Specification.Дў. MT4 traders can easily access swap rates from their platform by following these steps:ДЎ. Axi offers a positive swap on EUR/USD short positions, meaning traders get paid money. I always recommend that traders check them before evaluating the total trading costs. Depending on the trading strategy, it may become the most significant fee per trade. One of the most ignored trading costs is swap rates on leveraged overnight positions. The commission-based Axi account delivers as advertised, with raw spreads of 0.0 pips for a commission of $7.00 per round lot, which resembles a competitive pricing environment. It is an above-average trading cost, and I recommend traders avoid it. During the London-New York overlap session, I received a 1.1 pip spread for the EUR/USD or $11 per 1.0 standard lot. Here is a screenshot of the Axi MT4 Pro trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.ДЄxi advertises a minimum mark-up of 0.4 pips in its commission-free trading account.

Axitrader mt4 download for windows