With an AxiTrader pro account you’ll get the best rates AxiTrader can offer – whether it be through our new raw-spread accounts – access to our brand new NY4 Server in New York or our offer for FREE VPS*. This will ideally suit our growing client list of automated traders as they look for the fast execution and the tight spreads. AxiTrader now prices across 14 of the world’s largest banks, (such as BNP, Citi, Deutsche Bank, BoA-ML, Westpac, Commerzbank, Morgan Stanley to name some) and you pay a small commission on your trade.
Many brokers now ‘claim’ to be ECN, though MT4 can’t really achieve what are known as ‘true’ ECN features such as market depth, partial fills, VWAP etc. Rather than claiming to be an ECN pricing broker, we prefer transparency and are calling it ‘ECN style’, as it has some of the features of an ECN whilst still using MT4′s impressive functionality, with the added benefit of AxiTrader’s tight spreads.
AxiTrader commission on Pro accounts pays for our Clearing and aggregation costs, as well as AxiTrader’s cost of providing the service to clients.
Our standard costs are $3.50 per lot traded ($7 round trip) AUD equivalent in your funding currency, rounded to the nearest 50c.
A Virtual Private Server is a term used to refer to a virtual machine.
AxiTrader has teamed up with CNS VPS, a leading VPS provider in the same location as our NY4 MT4 Server and where our core interbank liquidity situated in New York. Sign up for the VPS directly with CNS VPS and we’ll pay the bill as long as you trade over 100 lots per month.
Most institutional banks won’t deal in trade sizes under 10,000 so the minimum trade sizes that will be available for AxiTrader Pro accounts is a Mini lot (10K or $1/pip, 0.1 lots).
What currency pairs can I trade on an AxiTrader Pro account?
You will be able to trade all the FX pairs that AxiTrader offers on its standard accounts, as well as spot Gold (XAUUSD) and silver (XAGUSD). CFDs (SPI200, S&P500, WTI etc) will not be available on AxiTrader Pro accounts.
As the accounts are on a new dedicated server, you will need to contact your AxiTrader account manager, or alternatively send a request via email to email@example.com to open an additional account. Your account manager will be happy to discuss AxiTrader Pro accounts further, should you have any questions.
If you don’t already have an existing account with AxiTrader and wish to open one you can simply open an account here.