The pro account also has variable spreads starting from just 0.0 pips with a commission of $3.5 charged. This account may be preferred if you need the tightest possible spreads. This may be the case if you are using a scalping system that looks to take advantage of minor price movements.

MT4 NextGen is a more advanced version of the MT4 platform with some additional features including advanced management tools, enhanced ordering and sentiment trading. You can get it for free when you open a live account and deposit a minimum of at least $1,000. Operating with integrity, honesty, trust and transparency axes broker is of the upmost importance. They are always looking to improve their services in order to stay up to date with the latest innovative technologies and continue to deliver excellent customer support. You even get a dedicated account manager that is available to assist you in reaching your financial goals.

  • Axis Bank Forex offers a range of services to cater to the needs of individuals and businesses engaged in forex trading.
  • Axi is an award winning, regulated online broker created by traders for traders.
  • So even if you are in India and see exchange rates are favorable, you can purchase the currencies you may need for your next trip and then spend when you get there.
  • You will find a good choice of trading tools that can be used for assisting with your trading.
  • Axis Bank forex rates provide customers with competitive rates and convenient forex services.

AFX Capital is a brand name of the AFX Capital Markets Ltd, a company registered in Limassol, Cyprus. AFX is an online trading broker regulated by CySEC, Cyprus regulator, and FCA, Federal Conduct Authority of the UK. Meanwhile, due to a lot of complaints and their inability to fulfill the requested forms, their license is currently under suspension. This broker is listed as unregulated at the moment and is providing trading services against the law.

Enter the amount you want to load and select the currency.

It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance. If you are looking for a dedicated social trading platform, then eToro would be my top choice. The session map simply shows you the different markets opening and closing times. The correlation trader will show you the correlation between different instruments and can help to find potential trading opportunities and for order management. Reach out to Fly Finance for all finance-related concerns to simplify your study abroad experience with zero hindrances.

We may be compensated but this should not be seen as an endorsement or recommendation by, nor shall it bias our broker reviews. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The multi-account manager (MAM) is a built-in trading tool that allows you to conveniently control multiple accounts from one trading terminal.

You can reach out to their customer support team via phone, email, or by visiting your nearest Axis Bank branch. To get started with Axis Bank Forex, you need to open an account with Axis Bank. Visit the Axis Bank website or your nearest branch to initiate the account opening process.

Overseas ATM withdrawals with Axis Multi-Currency Forex Card

XTB also provide this service if you are a looking to buy and sell cryptocurrencies. You can trade commodities without needing to purchase the physical asset as you are simply trading on the price movement of the underlying asset or instrument. Some of the most popular traded commodities are gold, silver, oil and gas. This is yet another excellent tool provided by the broker and something that I have not seen implemented by many others. If you want to take advantage of this tool, BlackBull Markets are an alternative option who also have it. PsyQuation is an advanced data analytics platform that uses highly sophisticated algorithms to analyse your own individual trading style and find areas for where you could improve.

Somewhere Niyo Global does the task of Forex Card, so indeed, it is a better option. Axis Bank Forex Card is a prepaid travel card from Axis Bank that allows you to carry up to 16 currencies in one card conveniently. Niyo Global Card is a multi-currency prepaid travel card which will enable you to carry up to 100+ currencies in one card. Both cards provide a safe and secure way to carry your foreign currency while traveling abroad but somewhere you will feel Niyo Card superior on the go.


You get benefits across all major categories like lifestyle, shopping, travel, dining, movies, and much more. Cardholders who regularly make spends in the foreign currency can benefit from the card’s 2% forex markup fee and no cash withdrawal charges. Axis Bank is among the top credit card issuers in our country and has different credit cards with different forex markup charges. Some premium cards have a lower fee while other cards charge a higher fee on foreign transactions. In this article, we will read about the forex markup fees of some of the most popular Axis Bank credit cards. In conclusion, Axis Bank Forex offers a range of services and packages to cater to the diverse needs of customers.

Guide to RBI Purpose Codes for International Transfers to and from India

This can be a great way to familiarise yourself with the trading platforms and practice your trading strategies with virtual funds, risk free. Once you feel confident enough to trade with real money, you can then consider opening a live account. I would always start on a demo account to see how things go when trying a new system or broker.

Whilst this can be a good hands-off solution for those who do not have the time or knowledge to trade by themselves, I find the signals to be hit and miss. I would much prefer to use my own strategies as I like to know when and why a position was taken. I am a huge fan of trading apps, primarily because I am able to check the market prices and how good or bad my trades are doing at any time. It doesn’t matter if I am sat on the sofa or even in bed, I can fire up the app and see what is happening.

So when you get a rate weaker than the mid-market exchange rate from a card company, you are getting hit with a hidden fee in the difference. The difference may seem small but it can actually make a dent in your wallet when you convert currencies frequently. I like that there is a generous selection of deposit and withdrawal methods for us to choose from. You can use a credit card, bank transfer or an online payment processor such as Neteller, Skrill, FasaPay and Sofort. They are also one of a few brokers that accept cryptocurrency payments with Bitcoin. Axi offer weekly free webinars which cover a range of topics ranging market analysis, trade management, trading psychology and much more.

The bank also provides personalized assistance to help you with the remittance process and ensure a seamless experience. AFX Capital is accepting clients from all over the world except US residents. Currently, according to our review, cannot provide legal services to any country.

It can execute multiple blocks of orders on all accounts that are operating under a master account with 6 allocation methods and all order types accepted. The MAM is only available to approved and regulated operators of discretionary accounts or managed investment schemes. The forex news feature provides you with the latest forex news directly into the platform.

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