Axi Account Type

Axi offers two main types of trading accounts: Demo Accounts and Live Accounts. The Demo Account is designed for beginners and experienced traders alike to practice trading strategies without risking real money. It provides access to $50,000 in virtual funds, allowing users to test various trading strategies across different markets such as Forex, commodities, and cryptocurrencies. The Live Account, on the other hand, allows traders to engage in real trading with actual funds, where profits and losses are real.

Axi Broker Account Opening Process

Opening an account with Axi is a straightforward process that involves the following steps:

• Visit the Axi Website: Go to the official Axi website to start the account opening process.

• Choose Account Type: Select whether you want to open a Demo Account or a Live Account.

• Fill Out Registration Form: Complete the registration form with your personal details, including your name, email address, and phone number.

• Verification: For a Live Account, you may need to provide additional documentation for identity verification. This step is typically not required for a Demo Account.

• Receive Account Credentials: After completing the registration, you will receive an email containing your account credentials.

• Download Trading Platform: Download the MetaTrader 4 (MT4) platform, which is the trading platform used by Axi.

• Log In: Use the credentials provided in the email to log in to your Demo or Live Account on the MT4 platform.

• Start Trading: Once logged in, you can start trading using virtual funds in the Demo Account or real funds in the Live Account.

This process allows you to familiarize yourself with the trading environment and practice your skills risk-free before committing any real capital.