Important Trading Terms for Axi Trading Platform
Please note that you cannot open, modify, or close trades when the market is closed.
Axi trading platform provides a commendable environment for trading. Currently, the minimum trade size stands at 0.01 lots, offering flexibility for traders of varying preferences and strategies.
There are four tabs at the bottom of Axi Trading Platform.
- Dashboard tab - This icon will reflect your available funds, curated watchlist and available open position.
- Watchlist tab – Where you can add products that you wish to follow/market navigation. All the instruments you’ve added will be shown there. You can also view your 5 most recently added instruments on your Home Dashboard at the bottom too.
Please note: If you have not traded yet, this page will be empty.
- Markets tab - You will be able to see some ‘Popular Markets’, as well as select from the following categories: FX, Commodities, Indices, Crypto, Shares, ETFs & Spot Crypto.
- Positions tab - Where you can view and modify your positions - open, pending or closed.
What is “Open at rate”?
The 'open at rate' option allows you to select the specific price at which you want to open a trade. Once you choose your desired rate, we will place an order for you at that price.
Stop Loss and Take Profit
A stop loss is a pre-determined price level at which you decide to sell an asset if its price drops to that point. It serves to limit potential losses and can be set when opening a trade.
Take profit is a pre-determined price level at which you decide to sell an asset to lock in a profit. It can be set when opening a trade.
How can I learn more about Trading?
To expand your trading knowledge, you can explore our Educational Resources within the app.
To do that please open the “MyAxi” screen, located at the top left corner of the dashboard and click on “Education”.