Take your time in your search for a trustworthy forex broker to ensure that your funds and transactions are managed correctly. Efficient customer support, real-time market execution, appropriate trading conditions, a variety of account types that suit different traders based on their financial capabilities, advanced software for successful trading, safe and quick money deposits and withdrawals, competitive spreads, and last but not least, offering multiple trading options with different trading instruments are the main characteristics of a reputable broker.
AximTrade Overview
With over 100,000 active customers worldwide, AximTrade is an online financial services business that provides forex, indices, metals, and cryptocurrency trading. As a forex broker, AximTrade stands out for its dependability and great trading conditions, offering up to 100% bonus, flexible leverage, over 100 trading instruments, and 0.004s execution speed.
AximTrade At A Glance
| Broker’s Name | AximTrade |
| Headquartered | The British Virgin Islands |
| Year Founded | 2010 |
| Regulating Authorities | BVI FSC |
| Islamic Account (Swap Free) | Yes |
| Demo Account | Yes |
| Institutional Accounts | No |
| Managed Accounts | No |
| Maximum Leverage | 1:3000 |
| Minimum Deposit | $1 |
| Platform Types | MetaTrader 4 |
| Customer Service Hours | 24/7 |
Pros and Cons of AximTrade
| PROS | CONS |
| Extremely low minimum deposit | Offshore broker |
| MetaTrader available | |
| Swap-free accounts available | |
| Wide currency portfolio available |
AximTrade Account Types
AximTrade offers 5 types of accounts for their traders. They are Standard, Cent, ECN, Infinite, and Pro accounts. Their details are given below:
Here’s the organized table data based on the account types:
STANDARD ACCOUNT:
– Currency Pair Options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
– Contract Size: 1 Lot = 100,000
– Leverage: Up to 1:3000
– Negative Balance Protection: Yes
– Spread on all Majors: As Low as 1 Pip
– Commission: No
– Self Rebates: No
– Maximum Pending/Open Orders: 200 Positions
– Minimum Trade Volume: 0.01 Lots
– Lot Restriction per Ticket: 50 Lots
– Trading Bonuses: No
– Deposit Bonuses: No
– Hedging Allowed: Yes
– Minimum Deposit: $1
– Margin Call/Stop Out: 60%/30%
CENT ACCOUNT:
– Currency Pair Options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
– Contract Size: 1 Lot = 1,000
– Leverage: Up to 1:2000
– Negative Balance Protection: Yes
– Spread on all Majors: As Low as 1 Pip
– Commission: No
– Self Rebates: No
– Maximum Pending/Open Orders: 200 Positions
– Minimum Trade Volume: 0.01 Lots
– Lot Restriction per Ticket: 150 Lots
– Trading Bonuses: No
– Deposit Bonuses: No
– Hedging Allowed: Yes
– Minimum Deposit: $1
– Margin Call/Stop Out: 60%/30%
ECN ACCOUNT:
– Currency Pair Options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
– Contract Size: 1 Lot = 100,000
– Leverage: Up to 1:1000
– Negative Balance Protection: Yes
– Spread on all Majors: As Low as 0.0 Pip
– Commission: $3
– Self Rebates: No
– Maximum Pending/Open Orders: 200 Positions
– Minimum Trade Volume: 0.01 Lots
– Lot Restriction per Ticket: 50 Lots
– Trading Bonuses: No
– Deposit Bonuses: No
– Hedging Allowed: Yes
– Minimum Deposit: $50
– Margin Call/Stop Out: 60%/30%
INFINITE ACCOUNT:
– Base Currency Options: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD
– Contract Size: 1 Lot = 100,000
– Leverage: Unlimited
– Negative Balance Protection: Yes
– Spread on all Majors: As Low as 3 Pip
– Commission: No
– Self Rebates: No
– Maximum Pending/Open Orders: 50 Positions
– Minimum Trade Volume: 0.01 Lots
– Lot Restriction per Ticket: 25 Lots
– Trading Bonuses: No
– Deposit Bonuses: No
– Hedging Allowed: Yes
– Minimum Deposit: $1
– Margin Call/Stop Out: 60%/0%
PRO ACCOUNT:
– Currency Pairs: USD, EUR, GBP, JPY, CHF, AUD, SGD
– Contract Size: 1 Lot = 100,000
– Leverage: Up to 1:1000
– Negative Balance Protection: Yes
– Spread on all Majors: As Low as 5 Pips
– Commission: Forex: $2.5, Metal: $3.5, Crypto: $3.5, Indices: $2.5, Energies: $2.5
– Self Rebates: No
– Maximum Open/Pending Orders per Client: 200 Positions
– Minimum Trade Volume: 0.01 Lots
– Lot Restriction per Ticket: 50 Lots
– Trading Bonuses: No
– Deposit Bonuses: No
– Hedging Allowed: Yes
– Minimum Deposit: $300
– Margin Call/Stop Out: 60%/30%
AximTrade Trading Platform
The brokerage services provide the most cutting-edge MT4 technology for desktop, mobile, and tablet computers with compatibility with Windows, iOS, and Android operating systems. The excellent AximTrade MT4 is well-known for its stability and dependability, having supported hundreds of thousands of traders worldwide over the years.
AximTrader servers and the trading platform provide several tools that may be used to perform in-depth market analysis on the MT4 platform, as well as fast and quick trade executions, including a one-click trading feature.
With the use of plugin apps, software expert advisors (EAs), and other trading tools available on the MQL market, the MT4 platform may be expanded to utilize a variety of capabilities. You can download AximTrade MT4 from the website, but to use the software, you must first register a trading account.
AximTrade Initial Deposit and Withdrawal
The AximTrade Review clarifies how easy it is to make deposits and withdrawals. Instant deposits and withdrawals for e-wallets are available from AximTrade, giving customers complete control over their money. AximTrade offers a large selection of domestic and international payment options, making it easy to deposit or withdraw money and giving traders access to dependable conditions.
Segregated accounts are established to guarantee that client monies are kept completely apart from corporate funds, and all transactions are traceable through the personal account. Identity verifications enable a safe and secure environment for clients and efficiently identify any potentially fraudulent or scammy activity.
Leverage
Up to 1:3000 is a very high leverage ratio that AximTrade offers.
The type of account you open and the account’s equity amount determines the leverage for your accounts. The required margin does not increase or decrease during the week or on the weekends.
AximTrade Customer Support
AximTrade’s customer service team is reachable via email and live chat, and they are available around the clock, providing a responsive and easily accessible support system from the broker.
Alternative To AximTrade
| Aspects | AximTrade | easyMarkets | Doo Prime |
| Broker Type | STP, ECN | MM/DD | STP, ECN |
| Min. Deposit | $1 | $25 | $100 |
| Max Leverage | 1:3000 | 1:400 | 1:1000 |
| Margin call level | 60% | 70% | – |
| Stop out level | 30% | 30% | 30% |
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Final Thought
According to the AximTrade review, the broker offers MetaTrader 4, a trading platform that works with a variety of operating systems to allow you to access your trading accounts from any location at any time. Trades are carried out instantly, with no requotes and no order rejection policies.
