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.
IGNIS accounts can be viewed for products that can be traded Forex and Precious Metals accounts with a minimum deposit of -- by (2+) --.