Axi Account Types

Axi offers three main account types for traders: Standard, Pro, and Elite. Each account type is designed to cater to different trading styles and requirements.

• Standard Account
• Minimum Deposit: $0
• Minimum Forex Spreads: 0.4 pips
• Commission: Commission-free
• Maximum Leverage: 1:500
• Minimum Trade Size: 0.01 lots
• Account Base Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
• Pro Account
• Minimum Deposit: $0
• Minimum Forex Spreads: 0.0 pips
• Commission: $7.00 per 1.0 round lot
• Maximum Leverage: 1:500
• Minimum Trade Size: 0.01 lots
• Account Base Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
• Elite Account
• Minimum Deposit: $25,000
• Minimum Forex Spreads: 0.0 pips
• Commission: $3.50 per 1.0 round lot
• Maximum Leverage: 1:500
• Minimum Trade Size: 0.01 lots
• Account Base Currencies: USD, EUR, GBP, AUD

Axi also offers a swap-free Islamic account upon request and a demo account with a $50,000 balance for a 30-day trial.

Axi Broker Account Opening Process

To open an account with Axi, follow these steps:

• Visit the Axi Homepage
• Click on the “Open Account” button located in the top right corner.
• Fill Out the Application Form
• Provide your name, email address, phone number, country of residence, and select the application type.
• Account Verification
• Verification is mandatory to comply with AML/KYC requirements. This usually involves uploading a government-issued ID and a proof of residency document.
• Deposit Funds
• There is no minimum deposit for Standard and Pro accounts, while the Elite account requires a minimum deposit of $25,000.
• Start Trading
• Once your account is verified and funded, you can begin trading on the Axi platform.

For more detailed information, you can refer to the official Axi website.