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Rating Index
Pros
User-friendly software packages designed for both beginners and experienced traders.
Access to a range of trading instruments, including forex, commodities, indices, and precious metals.
24/7 online customer support available to assist clients.
Cons
Unregulated broker, which raises concerns about the safety of client funds and overall trustworthiness.
Lack of transparency regarding fees, spreads, and commissions, making it difficult for traders to understand costs.
No demo account available, limiting the opportunity for potential clients to practice before committing real funds.
Leverage Fx broker Accounts
AximTrade Account Type
AximTrade offers a variety of account types designed to cater to different trading strategies, experience levels, and capital investments. The available account types include:
- Standard Account
- Minimum Deposit: $1
- Maximum Leverage: 1:3000
- Average Spread: 1.0 – 1.6 pips
- Commission: None
- Lot Size: Minimum 0.01 lots, Maximum 50 lots
- Cent Account
- Minimum Deposit: $1
- Maximum Leverage: 1:2000
- Average Spread: 1.0 – 1.6 pips
- Commission: None
- Lot Size: Minimum 0.01 lots, Maximum 150 lots
- ECN Account
- Minimum Deposit: $50
- Maximum Leverage: 1:1000
- Average Spread: 0.2 – 0.7 pips
- Commission: $3 per lot
- Lot Size: Minimum 0.01 lots, Maximum 50 lots
- Infinite Leverage Account
- Minimum Deposit: Varies
- Maximum Leverage: Unlimited
- Lot Size: Allows trading more lots compared to other account types.
- Choose Your Account Type
- Assess your trading strategy, experience, and capital to select between Standard, Cent, ECN, or Infinite Leverage accounts.
- Registration
- Visit the AximTrade website and click on “Open Extra Account.” Fill out the required personal information.
- Verification
- Submit identification documents for verification, including proof of identity and address.
- Funding Your Account
- Once your account is verified, fund it through various payment methods such as bank transfers, credit/debit cards, or cryptocurrencies.
- Start Trading
- After funding, access the trading platform, configure your trading parameters, and begin trading.
AximTrade Broker Account Opening Process
Opening an account with AximTrade involves a straightforward process:
This process typically takes a few minutes to complete, and account verification may take between 24 to 72 hours.
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