Rating Index
Pros
Axi is regulated by reputable authorities such as ASIC and FCA, ensuring a level of trust and security for traders.
The platform offers competitive spreads and quick execution times, making it suitable for both novice and experienced traders.
Axi provides a variety of educational resources and customer support, helping traders improve their skills and navigate the trading environment.
Cons
The platform lacks advanced trading tools and does not support MetaTrader 5, which may limit options for some traders.
Some users have reported issues with fund withdrawals and account verification processes, leading to frustration and delays.
The selection of tradable instruments is considered below average, particularly in asset classes outside of forex.
AXICOM broker Accounts
Axi Account Type
Axi offers a variety of trading accounts tailored to different trading styles and requirements. The main account types available are:
- Standard Account
- Setup Cost: Free
- Spreads: From 0.9 pips
- Commission: None
- Minimum Trade Size: 0.01 lots
- Minimum Deposit: $0
- Products: 290+ CFDs
- Leverage: Up to 500:1
- Base Account Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
- VPS: Subscription available
- Autochartist: Free
- Pro Account
- Setup Cost: Free
- Spreads: From 0.0 pips
- Commission: $7 round trip
- Minimum Trade Size: 0.01 lots
- Minimum Deposit: $0
- Products: 290+ CFDs
- Leverage: Up to 500:1
- Base Account Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
- VPS: Subscription available
- Autochartist: Free
- Elite Account
- Setup Cost: Free
- Spreads: From 0.0 pips
- Commission: $3.50 round trip
- Minimum Trade Size: 0.01 lots
- Minimum Deposit: $25,000
- Products: 290+ CFDs
- Leverage: Up to 500:1
- Base Account Currencies: USD, EUR, GBP, AUD, NZD
- VPS: Free
- Autochartist: Free
- Visit the Axi Website: Go to www.axi.com.
- Click on Open Account: Find the "Open Account" button on the homepage.
- Fill in Your Details: Complete the registration form with your personal information.
- Consent to Privacy Policy: Confirm your agreement to the data usage policy.
- Email Verification: After submitting the form, you will receive an email to verify your email address.
- Identity Verification: Complete an online form and submit identity verification documents (passport, drivers license, or national ID).
- Account Approval: Once documents are verified, you will receive your account login details via email.
- Deposit Funds: After verification, log in to your account and deposit funds to start trading.
Axi Broker Account Opening Process
Opening an account with Axi is a straightforward process, which includes the following steps:
Important: You will need to verify your account within 28 days of opening to avoid limitations on your trading activities.
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