Personal experiences on Axia Trade

Discussion in 'Forex Brokers' started by Perilace, Nov 8, 2023.

  1. Well you know, those secondary services are not necessarily beneficial to everyone but it the availability of them surely helps. What I mean is that, I don't know actually how many of traders resort to stuff like the education center, knowledge center, the blog or things of the sort. since there are endless resources available, people always find their way around a mentor, chat groups, video lectures or books from different sources, but as I have said, it is good to have them, surely you can check em out in your freetime, there's no downside in that
     
    #11     Dec 17, 2023
  2. Perilace

    Perilace

    I think they are more targeted to beginners and people who still are learning as it never ends. And the same logic can be applied to tools like the economic calendar and the crypto calendar, you can find it somewhere or google it, but it is good to have them because its sort of a reliable version of the ones you can find elsewhere. The economic calendar, for example, Axia provides, focuses on important data releases of the countries, the currencies of which you can find and trade on axia's platform, so its cool
     
    #12     Dec 19, 2023
  3. I also checked the financial news section, I think they can be pretty useful. It is evident that they are curated and they focus on the important stuff. As a trader you can take them, dig deeper, find some data on the news and generate some solid trading ideas for your portfolio. Always good to have fresh ideas if you are running a decent, fundamentally driven, macro based portfolios. they're pretty useful on that.
     
    #13     Dec 19, 2023
  4. I actually don't care about to financial news section a lot as long as they are not fake, and it is timely. they have a good section going on though, neat and tidy.

    and just to add, I've noticed that they also enlist the popular assets in various asset classes in your area, but you obviously dont have to trade them, you can go for other things as well, they have many choices
     
    #14     Jan 17, 2024
  5. true. but whats more important for me rather than having so many assets is the answer to the question of which trading condtions I will be able to trade them with. thats the big question you know,.
    and sure, I gotta admit they have really good offers there across the features of accounts for more conscious execution, trading strategies and risk management

    they have very very low pips, really below the industry standard, you can have help from the senior account manager, you have direct access to the trading room, abiity to get a long term financial plan, up to unlimited trading signals, traders academy and whatnot

    but some of these things are almost impossible to get. it is like a joke thing, i dont have 250 000 in my account to deposit here just to have these tools under my hand, who are their clients??
     
    #15     Jan 17, 2024
  6. Perilace

    Perilace

    i actually disagree. i mean sure, some of the accounts like the diamond and the platnum are out of reach for so many people, but that doesnt mean that the broker is mocking you.

    they would have removed these types of accounts and not offer them at all if there were like zero demand for em. I think it is a healthy sign for the broker, because what it tells me is that maybe not us, but someone is going for these types of things, and its like a sign of trust, thats what it seems to me like you know
     
    #16     Jan 18, 2024
  7. IamaMars

    IamaMars

    The irony from looking through their website is that the bigger accounts have higher leverages. I think what the broker is doing here is protecting the less experienced traders from using the more risky leverage options. Only a professional trader will opt for an account of a minimum of twenty-five thousand USD. I think that is actually very nice to protect traders that way.
     
    #17     Feb 21, 2024
  8. True... that is very true. I never looked at it that way. But I still think that expert traders use more conservative leverages, and are content with making steady profits not quick profits.
     
    #18     Feb 22, 2024
  9. I guess you're right, but I would only trust an expert with a high leverage. Brokers do the reverse of what Axia does, by offering less leverage as the account size increases. It's not right to tempt novice traders in that way. Sometimes they just fo not know any better.
     
    #19     Feb 23, 2024