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Forex-Direct Forex Broker keeps up-to-date with the latest trading account information, including VIP PLAN, DIAMOND PLAN, GOLD PLAN, SILVER PLAN maximum leverage of --, trading varieties, and more
Rating Index
Pros
No valid regulatory information raises concerns about transparency
High potential risk due to lack of regulation
Limited customer support options
Cons
No regulation, which may pose a risk to traders
High minimum deposit requirement of $1,500
Suspicious scope of business, leading to potential trust issues
Forex-Direct broker Accounts
VIP PLAN
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
1,500 USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
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DIAMOND PLAN
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
1000 USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
GOLD PLAN
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
100 USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
SILVER PLAN
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
20 USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
Aximtrade Account Types
Aximtrade offers various types of forex trading accounts tailored to meet the needs of different traders. The primary account types include:
- Standard Account
- Minimum Deposit: $1
- Maximum Leverage: 1:3000
- Minimum Lot Size: 0.01 lots
- Average Spread: 1.0 – 1.6 pips on major forex pairs
- No trading commissions.
- Suitable for both new and experienced traders.
- Cent Account
- Minimum Deposit: $1
- Maximum Leverage: 1:2000
- Minimum Lot Size: 0.01 lots
- Average Spread: 1.0 - 1.6 pips on major forex pairs
- No trading commissions.
- Ideal for traders looking for a low-risk environment.
- Demo Account
- Provides virtual funds for practice.
- Allows traders to familiarize themselves with the trading platform and test strategies without financial risk.
- Islamic Account
- Swap-free account compliant with Islamic regulations.
- No overnight fees for holding positions.
- Infinite Leverage Account
- Unique account allowing traders to borrow unlimited trading capital.
- Designed for maximizing profit potential.
- Research and Choose a Broker
- Ensure Aximtrade aligns with your trading needs and preferences.
- Complete the Application Process
- Provide personal information such as name, address, email, and phone number.
- Submit identification documents (passport or drivers license) and proof of address (utility bill).
- Account Verification
- Aximtrade will verify your identity, which usually takes 24-48 hours.
- Fund Your Trading Account
- Choose a funding method (bank transfer, credit/debit cards, or electronic payment systems).
- Ensure you meet the minimum deposit requirement.
- Select Trading Platform and Set Up Account
- Download and install the trading platform (MT4 or MT5).
- Log in using the credentials provided by Aximtrade.
- Practice with a Demo Account
- Use the demo account to familiarize yourself with trading strategies and platform features.
- Start Live Trading
- Once confident, transition to live trading by depositing real funds and executing trades.
Aximtrade Broker Account Opening Process
Opening an account with Aximtrade involves a straightforward process:
Forex-Direct Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Forex-Direct accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 1,500 USD by (2+) --.