AximTrade broker Accounts

aximtrade Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: aximtrade Account Types Overview

aximtrade Account Types Explained

Aximtrade offers several account types designed to cater to different trading needs and experience levels. Below are the primary account types available:

1. Standard Account

• Minimum Deposit: $10
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:3000.
• Key Features: Ideal for beginners; offers a straightforward trading experience.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit: $100
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:3000.
• Key Features: Direct market access; suitable for scalpers and high-frequency traders.
• Target User Profile: Advanced and professional traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Pro Account

• Minimum Deposit: $500
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $2 per lot.
• Leverage Options: Up to 1:2000.
• Key Features: Designed for experienced traders; offers advanced trading tools.
• Target User Profile: Experienced traders and professionals.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to the Standard or ECN account; no swap fees.
• Leverage Options: Up to 1:3000.
• Key Features: Complies with Islamic finance principles; no interest charges.
• Target User Profile: Muslim traders seeking a compliant trading environment.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as the Standard account.
• Leverage Options: Up to 1:3000.
• Key Features: Risk-free environment for practice; access to all trading tools.
• Target User Profile: New traders wanting to practice before trading live.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: Islamic Account
• Advanced Traders: ECN Account
• Professional Traders: Pro Account
• Practice: Demo Account

Part 2: aximtrade Account Features Comparison

Detailed aximtrade Account Features

When comparing the features of different aximtrade account types, consider the following aspects:

• Minimum Deposit:

• Standard: $10

• ECN: $100

• Pro: $500

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:3000

• ECN: Up to 1:3000

• Pro: Up to 1:2000

• Islamic: Up to 1:3000

• Demo: Up to 1:3000

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size (Micro/Standard):

• Standard: Micro (0.01)

• ECN: Standard (1.0)

• Pro: Standard (1.0)

• Islamic: Micro (0.01)

• Demo: Micro (0.01)

• Available Trading Platforms:

• All accounts: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Market execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability:

• Available for Standard, ECN, and Pro accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Full access to trading tools; virtual funds for practice.

Advantages and Disadvantages of Each Account Type

Standard Account:

• Advantages:
• Low minimum deposit.
• No commission fees.
• User-friendly for beginners.
• Disadvantages:
• Higher spreads compared to ECN accounts.

ECN Account:

• Advantages:
• Tight spreads.
• Direct market access.
• Suitable for scalping.
• Disadvantages:
• Higher minimum deposit.
• Commission fees apply.

Pro Account:

• Advantages:
• Lower commission fees.
• Advanced trading features.
• Disadvantages:
• Higher minimum deposit.

Islamic Account:

• Advantages:
• Complies with Islamic finance principles.
• No swap fees.
• Disadvantages:
• Limited to specific account types.

Demo Account:

• Advantages:
• Risk-free trading environment.
• Full access to trading tools.
• Disadvantages:
• Limited to virtual funds; no real profits.

Part 3: aximtrade Account Opening Requirements

aximtrade Account Registration Requirements

To open an account with Aximtrade, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Certain countries may be restricted from opening accounts, including the USA, Canada, and several others.
• Prohibited Countries: Residents from countries such as the USA, Canada, and the UK are typically not eligible.
• Identity Verification Documents Needed: A valid government-issued ID (passport or national ID) and a recent utility bill or bank statement for proof of residence.
• Proof of Residence Requirements: Utility bill or bank statement showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require additional financial documentation to verify trading experience.

KYC/AML Compliance Procedures

Aximtrade adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which require all traders to verify their identity and address before trading.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: aximtrade Account Opening Process

Step-by-Step aximtrade Account Opening Guide

1. Visit the Website and Click Registration: Navigate to the Aximtrade official website.
2. Personal Information Entry: Fill out the registration form with personal details such as name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify your preferred trading settings.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the Aximtrade team to verify your documents.
7. Fund Your Account: Once verified, deposit funds into your account to start trading.
8. Start Trading: Download the trading platform and begin trading.

Desktop vs Mobile Registration Differences

The registration process is largely similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Not receiving the verification email.
• Solution: Check your spam/junk folder or resend the verification email.
• Issue: Difficulty with KYC verification.
• Solution: Ensure documents are clear and legible; contact customer support if issues persist.

Average Account Approval Time

Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

Traders can contact Aximtrade's customer support to request an upgrade or downgrade of their account type, subject to the new account's minimum deposit requirements.

Part 5: aximtrade Demo Account Information

aximtrade Demo Account Guide

Demo Account Features and Benefits:

• Provides a risk-free environment for practice.
• Access to all trading tools available in live accounts.
• Ideal for testing strategies without financial risk.

How to Open a Demo Account:

• Visit the Aximtrade website and select the demo account option during registration.
• Complete the registration form and submit.

Demo Account Limitations:

• Limited to virtual funds; cannot withdraw profits.
• May have a time limit on usage (typically 30 days).

Virtual Balance Amount:

• Usually set at $10,000 in virtual funds.

Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts involve real money.
• Live accounts incur real trading costs (spreads and commissions).

Duration/Expiry of Demo Accounts:

• Demo accounts typically expire after 30 days of inactivity.

Part 6: aximtrade Islamic Account (if available)

aximtrade Islamic Account Details

Swap-Free/Islamic Account Availability:

• Aximtrade offers Islamic accounts that comply with Sharia law, ensuring no interest is charged on overnight positions.

Eligibility Requirements:

• Must be a Muslim trader seeking a compliant trading environment.

Differences from Standard Accounts:

• Islamic accounts do not incur swap fees, making them suitable for long-term trading without interest.

How to Apply for Islamic Account:

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions:

• Islamic accounts may have specific terms regarding trading strategies and instruments.

FAQs – aximtrade Account Types & Opening

1. What account types does aximtrade offer？

• Aximtrade offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $10, ECN: $100, Pro: $500, Islamic: $100, Demo: Virtual funds.

1. How long does aximtrade account verification take？

• Verification typically takes 1-3 business days.

1. Does aximtrade offer demo accounts？

• Yes, Aximtrade provides a demo account for practice trading.

1. Can I have multiple account types with aximtrade？

• Yes, traders can open multiple account types as needed.

1. Does aximtrade offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available that comply with Sharia law.

1. What documents do I need to open a aximtrade account？

• A valid ID and proof of residence are required for account opening.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.