AximTrade Account Types

AximTrade offers a variety of account types suitable for different trading strategies and experience levels. The available accounts include:

• Standard Account:
• Minimum Deposit: $1
• Leverage: Up to 1:3000
• Minimum Lot Size: 0.01 lots
• Spreads: Average of 1.0 – 1.6 pips on major forex pairs.
• Commission: None.
• Orders: Clients can open up to 200 orders at a time.
• Cent Account:
• Minimum Deposit: $1
• Leverage: Up to 1:2000
• Minimum Lot Size: 0.01 lots (equivalent to 10 USD).
• Spreads: Average of 1.0 – 1.6 pips on major forex pairs.
• Commission: None.
• Orders: Clients can open up to 200 orders at a time.
• ECN Account:
• Minimum Deposit: $50
• Leverage: Up to 1:1000
• Minimum Lot Size: 0.01 lots.
• Spreads: Average of 0.2 – 0.7 pips on major forex pairs.
• Commission: $3 per lot.
• Orders: Clients can open up to 200 orders at a time.
• Infinite Leverage Account:
• Minimum Deposit: Not specified.
• Leverage: Unlimited.
• Allows traders to open more lots compared to other account types.
• Demo Account:
• Provides virtual funds for practice and learning.
• Allows traders to test the AximTrade platform and services before committing to a real account.

AximTrade Broker Account Opening Process

Opening an account with AximTrade is straightforward. Follow these steps:

• Visit the AximTrade Website: Go to the AximTrade homepage.
• Choose Account Type: Click on the option to open an extra account and select your preferred account type (Standard, Cent, ECN, or Demo).
• Fill Out the Registration Form: Provide your personal information, including your name, email, and phone number.
• Set Passwords: Create both trading and investor passwords for your account.
• Verify Your Account: AximTrade may require you to verify your identity, which typically includes providing identification documents.
• Fund Your Account: Deposit funds into your trading account using one of the accepted payment methods.
• Start Trading: Once your account is funded, you can start trading on the AximTrade platform.