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Why Choose Axi Trader?

We are Australia's Most Trusted Forex broker. AxiCorp is managed forex trading accounts by blogoprage.ru the Australian Securities and Investments Commission (ASIC) and holds Australian Financial Services License number 318232. All monies gotten from customers are banked and held on trust and handled in accordance with the Australian Corporations Act 2001, and Regulations made there under. AxiCorp Financial Services Pty Ltd is an Australian business established to supply ingenious online monetary services and products.

Back in 2007, AxiTrader was established on a basic idea: to be the broker we 'd wish to trade with. We've considering that grown to turn into one of Australia's largest and leading Forex brokers.

Voted # 1 for stock forex credibility amongst present FX traders. Our integrity, openness and honesty sets us apart from our competitors. Using the world's most popular trading platform, our customers can access the current market data on Forex, CFDs and Indices and trade with regularly competitive rates. AxiTrader is understood in the trading industry for our exceptional, award-winning consumer support. We're offered 24/5 to assist you on your trading journey.

Live forex trading range strategy Spreads
INSTITUTIONAL-GRADE FX SPREADS
With AxiTrader you'll keep your trading expenses low with market-leading spreads across a wide variety of products, indices and currencies. During liquid times our market-leading spreads can go as low as 0.0 pips, and we always guarantee they are among the most competitive readily available.

We want our infect be as transparent as possible, that's why we publish our average and live spreads for each currency set. Plus, you can compare our live and historic spreads versus other brokers today.


AxiCorp is controlled by the Australian Securities and Investments Commission (ASIC) and holds Australian Financial Services License number 318232. AxiCorp Financial Services Pty Ltd is an Australian company developed to provide ingenious online monetary products and services.

Making use of the world's most popular trading platform, our clients can access the latest market data on Forex, Indices and cfds and trade with regularly competitive rates.








CFD & Indices Basics
WHAT ARE CFDS?
CFD means Contracts for Difference, with the difference being in between where you enter a trade and where you exit. Put simply, when the position is closed, you'll receive the profit or sustain the loss on that difference.

If you have purchased gold for $1600, you do not have an ounce of gold that you can hold, rather you bought a contract from AxiTrader that will increase in value if the Gold price boosts. For example, when you trade a CFD you're hypothesizing on the movement of the cost just, instead of traditional stocks where you purchase a physical asset. When combined with leverage, CFDs provide you fast, cost-effective and flexible exposure to a host of global monetary products.

WHY TRADE CFDS?
- If you're planning to purchase the rate movements of instruments, rather than purchasing physical assets
- To benefit from swift variations in the underlying instrument or security. This is popular with short-term investors wanting to profit from overnight and intra-day movements in the market
- To take benefit of leverage and spread capital across a variety of various instruments instead of tie it up in a single financial investment (note: this technique can increase risk).
- As a risk management tool to hedge direct exposure.

EXAMPLE GOLD CFD TRADE.
If the gold (XAUUSD) rate is $1600.00, it indicates an ounce of gold is traded at US$ 1600.00. The cost of silver is its price per ounce in USD.

If you sell it for $1605.00, you have actually made profit of $5 for every ounce (system) of gold in your contract. If you have actually bought silver (XAGUSD) for $28.00 and offer at $28.50, you would have made a profit of $0.50 for every ounce of silver in your contract.

INDEX FUTURES ROLLOVERS EXPLAINED.
AxiTrader's Index contracts are based upon the relevant futures exchange cost. Because they are associated to a definitive date, futures contracts expire. There are numerous months traded and the forward rates can be greater or lower depending upon market conditions.

In order to eliminate last day volatility, at AxiTrader we switch from using the front month contract into the 2nd month's contract one trading day prior to the exchange expiry.

When the Australian SPI contract for March expires, an example of this is. The June cost requires to be utilized and the cost on the AxiTrader MT4 platform may increase or decrease depending on the value of the June contract relative to the March contract. This is undoubtedly not a cost increase or fall in the SPI but just a relocate to a new reference price, therefore no profit or loss will be incurred as an outcome.

In order to guarantee this does not affect our clients, a cash exchange rate foreign currency adjustment requires to be made. This is explained in the copying:.

SPI March closes at 5050/5051 and SPI June opens at 5000/5001.



Your Position: 10 Buy agreements.

If your position is a Buy, it closes on the old Bid price of 5050 and reopens on the new Ask cost of 5001. Because you are in a Buy and the brand-new market cost has actually reduced, your open trade P&L has actually made a loss. As a result you will receive a favorable adjustment amount in your swap column equivalent to the difference of the old bid and the brand-new ask.

You will receive (5050-5001) * 10 contracts = $490AUD.



Your Position: 10 Sell agreements.

If your position is a Sell, it closes on the old Ask cost of 5051 and reopens on the new Bid rate of 5000. Your open trade P&L has made a gain due to the fact that you are in a Sell and the brand-new market price has actually decreased. As an outcome you will get an unfavorable adjustment quantity in your swap column equal to the difference of the old ask and the new bid.

You will get (5051-5000) * 10 agreements = -$ 510AUD.

Accounts will be money adjusted on positions held at the following times:.

HSI Future-- Close of business on the day 3rd to last business day of the contract month.
CAC40 Future-- Close of business on the day before the 3rd Friday of expiry month.
DAX30 Future-- Close of business on the day before the 3rd Friday of expiry month.
S&P Future-- Close of business on the Wednesday the week before the 3rd Friday of expiry month.
FT100 Future-- Close of business on the day prior to the 3rd Friday of expiry month.
DJ30 Future-- Close of business on the Wednesday the week before the 3rd Friday of expiry month.
SPI200 Future-- Close of business one day prior to the 3rd Thursday of expiry month.

OIL ROLLOVER EXPLAINED.
AxiTrader's oil contract (WTI) is based on the ICE futures cost (Front-Spot Month). This futures cost is the biggest price standard for the worldwide oil industry.

Because they are related to a definitive date, futures agreements expire. There are many months traded and the forward commodity prices can be higher or lower depending upon market conditions.

In order to remove final day volatility, at AxiTrader we change from using the front month contract into the second month's contract one trading day prior to the exchange expiry.

An example of this is when the WTI (West Texas Intermediate) contract for September expires. The October cost has to be used and the rate on the AxiTrader MT4 platform may decrease or increase, depending on the value of the October contract relative to the September contract. This is certainly not a rate rise or fall in oil however simply a transfer to a brand-new recommendation price and therefore no profit or loss will be incurred as an outcome.

In order to ensure this does not impact our clients, a cash adjustment has to be made. This is explained in the following examples:.



Example 1: Long position of 1000 barrels.

September Contract closes @ $110.00.

October Contract opens @ $111.38.

Cash adjustment of-- $1,380 is made on account.

Profit of $1,380 is made on employment opportunity.

Net monetary result is no.



Example 2: Short position of 2000 barrels.

September Contract closes @ $110.00.

October Contract opens @ $111.38.

Cash adjustment of +$ 2,760 is made on account.

Loss of $2,760 is incurred on employment opportunity.

Net financial result is zero.


The rate of silver is its price per ounce in USD. The June price needs to be utilized and the price on the AxiTrader MT4 platform might increase or decrease depending on the value of the June contract relative to the March contract. If your position is a Buy, it closes on the old Bid rate of 5050 and reopens on the brand-new Ask price of 5001. If your position is a Sell, it closes on the old Ask rate of 5051 and reopens on the new Bid rate of 5000. The October rate requires to be utilized and the rate on the AxiTrader MT4 platform might increase or decrease, depending on the value of the October contract relative to the September contract.



AxiTrader is a registered business name of AxiCorp Financial Services Pty Ltd (AxiCorp). AxiCorp (ACN 127 606 348) is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL number 318232. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiCorp is not a financial adviser and all services are provided on an execution only basis. AxiCorp is authorised to provide general advice only and information is of a general nature only and does not take into account your financial objectives, personal circumstances. AxiCorp recommends that you seek independent personal financial advice. A Product Disclosure Statement (PDS) for our financial products and our Financial Services Guide (FSG) are available at www.axitrader.com or can be obtained free of charge by calling AxiCorp on 1300 888 936 (+61 2 9965 5830). The PDS and FSG are important documents and should be reviewed prior to deciding whether to acquire, hold or dispose of AxiCorp’s financial products or services. The information on this website is for Australian residents only.