Axis Forex Account Type

Axis Forex offers a range of account types designed to cater to different trading needs. The primary account types include:

• Standard Account:
• Minimum Deposit: $0
• Spreads: From 0.4 pips
• Commission: None
• Leverage: Up to 1:500
• Base Account Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
• Pro Account:
• Minimum Deposit: $0
• Spreads: From 0.0 pips
• Commission: $7.00 per 1.0 round lot
• Leverage: Up to 1:500
• Base Account Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
• Elite Account:
• Minimum Deposit: $25,000
• Spreads: From 0.0 pips
• Commission: $3.50 per 1.0 round lot
• Leverage: Up to 1:500
• Base Account Currencies: USD, EUR, GBP, AUD, NZD

Axis Forex also provides a swap-free Islamic account upon request, designed for traders who cannot receive interest or pay swap rates due to their religious beliefs.

Axis Forex Broker Account Opening Process

Opening an account with Axis Forex is a straightforward process that can be completed online. Heres a step-by-step guide:

• Visit the Axis Forex Website: Navigate to the official Axis Forex website.
• Select "Open Account": Click on the "Open Account" button located on the homepage.
• Fill Out the Registration Form: Provide your personal details, including your name, email address, and phone number.
• Verify Your Identity: Complete the Know Your Customer (KYC) process by uploading a valid identification document (e.g., passport or drivers license) and proof of residency (e.g., utility bill).
• Fund Your Account: After your account is verified, deposit the minimum required amount based on the account type you selected.
• Start Trading: Once your account is funded, log in to the trading platform (MT4) and begin trading.

The entire process typically takes a few days to complete, depending on the verification process.