AXI, an FX and CFDs broker, announced the official launch of its new Copy Trading Platform 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 , 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.
