English
Rating Index
Pros
Reliable regulation from multiple authorities (ASIC, FCA, DFSA) ensuring safety for traders.
Wide range of trading instruments available, including over 140 currency pairs, metals, cryptocurrencies, and CFDs.
Low minimum deposit requirement of $1, making it accessible for novice traders.
Cons
Reports of occasional issues with fund withdrawals, causing frustration for some clients.
Limited availability of customer support in languages other than English, impacting non-English speaking traders.
Demo accounts are only available for 30 days, which may not be sufficient for all users to practice and test strategies.
AXI TRADING broker Accounts
Axi Trading Account Types
Axi offers a variety of trading account types to cater to different trader preferences and strategies. The available accounts include:
- Standard Account
- Minimum Deposit: $0
- Spreads: From 0.4 pips
- Commissions: None
- Minimum Trade Size: 0.01 lots
- Base Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
- Leverage: Up to 1:500 (varies by regulation)
- Products: 140+ Forex pairs, metals CFDs
- Pro Account
- Minimum Deposit: $0
- Spreads: From 0.0 pips
- Commissions: $7 round trip per 1.0 lot
- Minimum Trade Size: 0.01 lots
- Base Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
- Leverage: Up to 1:500 (varies by regulation)
- Products: 140+ Forex pairs, metals CFDs
- Elite Account
- Minimum Deposit: $25,000
- Spreads: From 0.0 pips
- Commissions: $3.50 round trip per 1.0 lot
- Minimum Trade Size: 0.01 lots
- Base Currencies: USD, EUR, GBP, AUD
- Leverage: Up to 1:500 (varies by regulation)
- Products: 140+ Forex pairs, metals CFDs
- Islamic Account
- Features: Swap-free option available upon request
- Minimum Deposit: $0
- Spreads: From 0.0 or 0.4 pips depending on the account type
- Commissions: $3.50 or $7 per lot depending on the account type
- Leverage: Up to 1:500 (varies by regulation)
- Demo Account
- Virtual Funds: $50,000
- Validity: 30 days
- Purpose: Risk-free trading practice
- Visit the Axi Website
- Go to www.axi.com.
- Click on "Open Account"
- Locate and click the "Open Account" button on the homepage.
- Complete the Initial Application Form
- Fill in your personal details such as name, email address, phone number, and country of residence.
- Confirm your consent to the privacy policy.
- Email Verification
- After submitting the initial form, check your email for a verification link. Click the link to verify your email address.
- Identity Verification
- Complete a separate online form and upload documents for identity verification. Acceptable documents include a government-issued ID and proof of residence.
- Account Approval
- Axi will verify your documents electronically, which usually takes a few minutes. Manual verification may take up to 1-2 business days.
- Receive Account Details
- Once verified, you will receive your account login details via email, including your trading account number and password.
- Fund Your Account
- Log in to the client portal, select "Add Funds," and choose your preferred deposit method.
Axi Broker Account Opening Process
Opening an Axi trading account is a straightforward process that can be completed in a few minutes. Heres how to do it:
By following these steps, you can quickly set up your Axi trading account and start trading.
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