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Why Choose Axi Trader?

We are Australia's Most Trusted Forex broker. AxiCorp is managed by the Australian Securities and Investments Commission (ASIC) and holds Australian Financial Services License number 318232. All cash received from clients 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 company developed to supply innovative online financial services and products.

Back in 2007, AxiTrader was founded on a simple idea: to be the broker we 'd want to trade with. We've since grown to turn into one of Australia's largest and leading Forex brokers.

Using the world's most popular trading platform, our customers can access the newest market information on Forex, CFDs and Indices and trade with consistently competitive rates. AxiTrader is understood in the trading industry for our remarkable, award-winning customer support.

Live Forex Spreads
INSTITUTIONAL-GRADE FX SPREADS
With AxiTrader you'll keep your trading costs low with market-leading spreads throughout a wide variety of indices, products and currencies. During liquid times our market-leading spreads can go as low as 0.0 pips, and we always guarantee they are amongst the most competitive offered.

We desire our spreads to be as transparent as possible, that's why we release our average and live spreads for each currency pair. Plus, you can compare our live and historic spreads against other brokers right now.


AxiCorp is managed 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 established to offer ingenious online monetary products and services.

Using the world's most popular trading platform, our clients can access the most current market information on instant forex, CFDs and Indices and trade with regularly competitive rates.








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

If you have bought gold for $1600, you do not have an ounce of gold that you can hold, rather you purchased a contract from AxiTrader that will increase in value if the Gold cost increases. When you trade a CFD you're hypothesizing on the movement of the rate only, rather than traditional stocks where you buy a physical asset. When combined with leverage, CFDs give you quick, cost-effective and versatile exposure to a host of worldwide financial items.

WHY TRADE CFDS?
- If you're aiming to purchase the price movements of instruments, instead of buying physical assets
- To benefit from speedy variations in the underlying instrument or security. This is popular with short-term investors seeking to make money from intra-day and overnight movements in the market
- To benefit from leverage and spread capital throughout a range of different instruments rather than tie it up in a single investment (note: this approach can increase risk).
- As a risk management tool to hedge direct exposure.

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

If you offer it for $1605.00, you have actually made profit of $5 for every ounce (unit) of gold in your contract. If you have actually purchased 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 price. Futures agreements expire due to the fact that they are related to a conclusive date. There are numerous months traded and the forward commodity prices can be higher or lower depending on 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 ends, an example of this is. The June cost needs to be used and the rate on the AxiTrader mt4 mobile app platform may increase or decrease depending on the value of the June contract relative to the March contract. This is obviously not a cost rise or fall in the SPI however simply a move to a new referral rate, for that reason no profit or loss will be sustained as an outcome.

In order to ensure this does not affect our customers, a cash adjustment has 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.

It closes on the old Bid price of 5050 and resumes on the brand-new Ask price of 5001 if your position is a Buy. Your open trade P&L has actually made a loss due to the fact that you are in a Buy and the new market price has reduced. As a result you will get a positive adjustment amount in your swap column equal to the difference of the old bid and the new ask.

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



Your Position: 10 Sell contracts.

It closes on the old Ask cost of 5051 and resumes on the new Bid price of 5000 if your position is a Sell. Since you are in a Sell and the brand-new market rate has reduced, your open trade P&L has made a gain. As an outcome you will get an unfavorable adjustment quantity in your swap column equivalent to the difference of the old ask and the new bid.

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

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

HSI Future-- Close of business on the day 3rd to last business day Visit Website 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 before 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 before the 3rd Thursday of expiry month.

OIL ROLLOVER EXPLAINED.
AxiTrader's oil contract (WTI) is based upon the ICE futures cost (Front-Spot Month). This futures rate is the largest rate standard for the worldwide oil market.

Since they are related to a conclusive date, futures agreements expire. There are numerous months traded and the forward rates can be higher or lower depending on market conditions.

In order to get rid of final day volatility, at AxiTrader we change from utilizing 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 upon the value of the October contract relative to the September contract. This is certainly not a rate rise or fall in oil however just a move to a new recommendation cost and for that reason no profit or loss will be incurred as a result.

In order to guarantee this does not affect our customers, a cash adjustment has to be made. This is discussed in the copying:.



Example 1: Long position of 1000 barrels.

September Contract closes @ $110.00.

October Contract opens @ $111.38.

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

Profit of $1,380 is made on open position.

Net financial effect 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 sustained on open position.

Net monetary impact is no.


The rate of silver is its price per ounce in USD. The June cost needs to be used and the price on the AxiTrader MT4 platform may 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 resumes on the brand-new Ask cost of 5001. If your position is a Sell, it closes on the old Ask price of 5051 and resumes on the brand-new Bid price of 5000. The October cost requires to be used 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.