Axin broker Accounts

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

axin Account Types Explained

Axi offers several account types tailored to meet the diverse needs of traders, from beginners to seasoned professionals. Below is a detailed overview of each account type available in 2025.

1. Axi Standard Account

• Minimum Deposit: $5
• Spread/Commission Structure: Average spread of 0.6 pips; no commission.
• Leverage Options: Up to 1000:1.
• Key Features: Access to over 290+ CFDs, mobile trading, and compatibility with MT4.
• Target User Profile: Ideal for day traders and beginners.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. Axi Pro Account

• Minimum Deposit: $500
• Spread/Commission Structure: Average spread of 0.0 pips; commission of $4.50 round trip.
• Leverage Options: Up to 1000:1.
• Key Features: Lower trading costs, suitable for scalping strategies, and access to advanced trading tools.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

3. Axi Elite Account

• Minimum Deposit: $25,000
• Spread/Commission Structure: Average spread of 0.0 pips; commission of $3.50 round trip.
• Leverage Options: Up to 1000:1.
• Key Features: Designed for high-volume traders, priority support, and exclusive trading tools.
• Target User Profile: Professional and institutional traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Axi Islamic Account

• Minimum Deposit: $5
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Up to 1000:1.
• Key Features: Swap-free account compliant with Islamic finance principles.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

5. Axi Demo Account

• Minimum Deposit: Virtual balance (typically $50,000).
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Up to 1000:1.
• Key Features: Risk-free environment for practice, access to all trading tools.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: Pro Account
• Advanced Traders: Elite Account
• Islamic Traders: Islamic Account

Detailed axin Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $5

• Pro: $500

• Elite: $25,000

• Islamic: $5

• Demo: Virtual balance

• Maximum Leverage:

• All accounts offer leverage up to 1000:1.

• Spreads (Typical/Minimum):

• Standard: Average 0.6 pips

• Pro: Average 0.0 pips

• Elite: Average 0.0 pips

• Islamic: Average 0.6 pips

• Commission Fees:

• Standard: None

• Pro: $4.50 round trip

• Elite: $3.50 round trip

• Islamic: None

• Lot Size:

• All accounts allow a minimum trade size of 0.01 lots.

• Available Trading Platforms:

• All accounts are compatible with MT4.

• Execution Type:

• Standard and Islamic accounts offer market execution.

• Pro and Elite accounts provide ECN execution.

• Islamic Account Availability:

• Islamic accounts are available for traders requiring swap-free options.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual balance for practice, access to all trading tools, and no time limit for usage.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit, no commission, suitable for beginners.

• Pro Account:

• Tight spreads, ideal for scalping, advanced trading tools.

• Elite Account:

• Best for high-volume trading, lower commissions, priority support.

• Islamic Account:

• Compliant with Sharia law, no swap fees.

• Demo Account:

• Risk-free trading environment, practice strategies without financial risk.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to Pro and Elite accounts.

• Pro Account:

• Requires a higher minimum deposit, commission fees apply.

• Elite Account:

• Very high minimum deposit, not suitable for casual traders.

• Islamic Account:

• Limited to traders who adhere to Islamic finance principles.

• Demo Account:

• Virtual funds only, cannot be used for live trading.

axin Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific restrictions may apply based on local regulations.
• Prohibited Countries: Traders from certain jurisdictions may be restricted; check Axi's website for details.

Identity Verification Documents Needed

• Proof of Identity: Valid government-issued ID (passport, national ID).
• Proof of Residence: Recent utility bill, bank statement, or government document with the applicant's name and address.

Additional Documentation for Professional Accounts

• Professional Account Verification: Additional documents may be required to prove trading experience and financial status.

KYC/AML Compliance Procedures

• Axi adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence.

Verification Time Frames

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

Step-by-Step axin Account Opening Guide

Registration Process

1. Visit Website: Go to Axi's official website.
2. Click Registration: Click on the "Open Account" button.
3. Personal Information Entry: Fill out personal details including name, email, and phone number.
4. Choose Account Type: Select the desired account type (Standard, Pro, Elite, Islamic, or Demo).
5. Set Trading Preferences: Specify trading preferences and leverage options.
6. Document Upload: Upload required identity and residence verification documents.
7. Account Verification: Wait for Axi to verify your documents.
8. Fund Your Account: Deposit funds to start trading.
9. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with mobile registration optimized for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).

• Issue: Verification delays.

• Solution: Contact Axi support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Traders can request an upgrade or downgrade by contacting Axi's customer support and providing necessary documentation.

axin Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies with virtual funds.
• Access to all trading tools and features available in live accounts.

How to Open a Demo Account

• Visit Axi's website and select the option to open a demo account. Follow the registration steps similar to opening a live account.

Demo Account Limitations

• The demo account is limited to virtual funds and cannot be used for actual trading.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $50,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts may have a time limit or can be used indefinitely, depending on Axi's policies.

axin Islamic Account Details

Swap-Free/Islamic Account Availability

• Axi offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

• Traders must adhere to Islamic finance principles to qualify for an Islamic account.

Differences from Standard Accounts

• Islamic accounts have the same features as Standard accounts but are swap-free.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions; consult Axi for details.

FAQs – axin Account Types & Opening

1. What account types does axin offer？

• Axi offers Standard, Pro, Elite, Islamic, and Demo accounts.

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

• Standard: $5, Pro: $500, Elite: $25,000, Islamic: $5, Demo: Virtual balance.

1. How long does axin account verification take？

• Verification typically takes 1-3 business days.

1. Does axin offer demo accounts？

• Yes, Axi provides demo accounts for practice trading.

1. Can I have multiple account types with axin？

• Yes, traders can open multiple account types.

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

• Yes, Axi offers Islamic accounts that are compliant with Sharia law.

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

• A valid ID and proof of residence are required.

1. Can I change my account type after registration？

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