AXI Launches Copy Trading Platform

AXI, an FX and CFDs broker, announced the official launch of its new Copy Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term on Monday, now available to all its customers. According to the announcement made via LinkedIn, investors can download the platform or app and pick traders to follow as usual in similar copy-trading platforms.

Afterwards, the user can adjust trade size and risk according to their needs. The news was replicated by Louis Cooper, Chief Commercial Officer at Axi, via the same social media network. The platform was developed in partnership with Pelican Trading, the company noted.

With the new offering, traders can access markets like forex, CFDs on shares, indices, commodities, precious metals, oil and Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, totalling over 130 trading products. Moreover, the feature has no commissions in deposits and withdrawals. “Copy trading makes it easy to automatically copy the trades of top traders around the world. To enjoy a more social trading experience, download the Axi Copy Trading platform, link your MT4 trading account, then choose the traders you want to copy!” AXI noted on the landing page of its Copy Trading product.

Deal with FYNXT

The announcement came after the broker inked a partnership with Singapore-based fintech FYNXT (previously known as Simple2Trade) to extend its offering with the launch of the Forex Managed Accounts Services (MAM/PAMM) platform.

Additionally, the broker is stressing features like enhanced administration automation, flexible fee management and precision in asset allocation for the newly-added services.

FYNXT, which was recently rebranded, offers vertically integrated digital platforms that are available in both SaaS and licensed formats. In addition, it boasts that its services have the advantages of minimal services cost, ease of use, almost infinite scalability and accelerated time to market. The new services of the broker are based on the cloud-based technology infrastructure of FYNXT, according to the announcement made in October.