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.Īxi advertises a minimum mark-up of 0.4 pips in its commission-free trading account.
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