Score
2-5 years Regulated in Australia
Appointed Representative(AR)
MT4/5 full license
Score
License Index7.16
Business Index6.38
Risk Management Index8.22
Software Index7.62
Regulatory Index7.13
ScoreBetter than 73.87% brokers
EPC · Legal aid B
Single Core
1G
40G
More
Company Name
AximTrade Pty Limited
Company Abbreviation
Aximtrade
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
WikiFX Data provideCommodities are essentially bought and sold in large quantities through exchanges in the same way that stocks and shares are traded. There are four large commodity exchanges in the world, including, London Metal Exchange (LME), the Chicago Mercantile Exchange (CME), the New York Mercantile Exchange (NYMEX), and the Intercontinental Exchange (ICE) in Europe.
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The financial services provider specialises in Forex and CFD trading.
WikiFXWith cryptocurrency prices falling rapidly since late November and bitcoin sliding below $20,000 for the first time in 18 months, the crypto market is undergoing a contraction phase, better known as ‘crypto winter.’ During this time of volatility, where everyone remains clueless and chaos takes over the market, a bold player will always find an opportunity even in an uncertain market, and that is what crypto trading is all about.
WikiFXNewbies often judge themselves incorrectly and rush into live forex trading with real money at the very start. However, trading Forex can be a lot of work all at once since it undergoes various changes and advancements, time and again. Opening a demo account can be your best bet for learning the ropes as you begin. Upon mastering the basics and honing your skills, you can dive into live trading more confidently for your pot of gold.
WikiFXIt’s been a challenging few months for investors, with growth stocks losing momentum, a wider stock market decline, and cryptocurrency prices plummeting, hindering portfolio growth. But is there any viable asset left to trade? What if I told you that commodities trading has been around since ancient civilizations, with many investors still profiting from it in the modern age?
WikiFXStarting a Forex IB business can significantly impact your financial well-being as well as the livelihood of those you influence. Smart individuals who want to earn an alternate source of income know there’s always one way of taking things to the next level. If you’re an expert in offering value-added services to your buddy network, a Forex IB role can be a great fit for you!
WikiFXSeveral countries are experiencing higher inflation than they did 40 years ago. A rise in inflation can be detrimental to society as basic necessities get more expensive. If you ask the financial sector for advice on how to avoid going bankrupt, they will probably suggest investing. The reason is that, by investing, you can even out your wealth and gain profit from inflation, protecting your purchasing power.
WikiFXCountries with free-market economies tend to rely on exchange rates to determine their level of trade with other countries. To prevent the costly mistake of trading currencies inappropriately, it is crucial to be aware of the economic data and how they affect the exchange rate movement. Thus, it is no wonder why the exchange rate is among the most carefully watched, analyzed, and manipulated economic measures.
WikiFXFor years, humanity has been baffled by the belief that the ‘Earth is a flat square’. But, as soon as Columbus proved this misconception wrong, trade took off, and the world began to flourish. Likewise, many forex newcomers fall victim to forex trading myths and misconceptions that hinder their growth. Although the myths are not intentional lies, but pieces of information that float around claiming to be the truth, debunking them is the key to becoming a better trader and achieving success.
WikiFXWhile automated trading brings numerous advancements to the trading world, there is no guarantee that every trade will result in significant profits. A fast-moving market like Forex can present both advantages and disadvantages for automated traders. Before implementing automated trading into your strategy, make sure you weigh both its pros and cons. Let’s break it down one by one.
WikiFXIf you’ve done so much Forex trading over time, you probably know how exhausting the process can be, especially if things don’t go as planned. It is a dream of many traders to get an intelligent partner untainted by emotions, logical, who always aim for profitable trades, and executes them almost instantly. If you’re one of them searching for all of this, don’t worry — you can get it all with an automated Forex trading system.
WikiFXForex brokerage firms distribute commissions to their partners and affiliates by means of rebates. ‘Forex rebates’ are credits or cash back that brokerage firms offer their partners and merchants in exchange for their services. Unlike other rebate programs, Forex rebates are available indefinitely, regardless of how many purchases and trades you make.
WikiFXIn today’s digital and social media-driven world, it is almost impossible to find a company that does not have a partnership program. In particular, financial markets like Forex offer significant income potential for influencers and affiliates alike around the world. As more brands are increasingly incorporating micro and nano influencers into their marketing strategies, establishing a sustainable career as a Forex broker partner is more prevalent than ever.
WikiFXIn recent years, many traders have turned to Forex day trading as a starting point for their trading career, which is indeed a great way to learn trading by having an instant reaction from the market. However, you should be aware that there is no such thing as “easy money”. Below are the potential benefits and risks of Forex day trading.
WikiFXThe forex trading course helps newbie traders to get a better understanding of the market and trading basics so that they can attain a more profitable participation. Through explaining main trading aspects from forex quotes, trends, analysis and chart patterns, traders are equipped with trading essentials that will allow them to develop a successful strategy. Taking a forex trading course is absolutely worth it if you want your trading journey to be in your favor.
WikiFXJust as you start your Forex trading journey, choosing the best Forex account type will be one of the first decisions you need to make. Since there are so many variables affecting this decision, there is no universal right or wrong; all that matters is which Forex account type is best for you.
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