Offers flexible leverage options and a variety of account types to suit different traders.
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Fee Level: | Medium |
Inactivity Fee: | None |
Index CFD Fee: | Medium |
Investor Protection: | Compensation schemes vary by jurisdiction. |
Mobile Platform: |
Provides a cost-effective trading environment with minimal fees.
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Implements security measures such as negative balance protection and segregated client funds.
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AximTrade allows bank transfers, cards, Skrill, Neteller, and crypto. Deposits are instant; withdrawals 1–3 days.
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AximTrade supports a digital registration process with same-day verification for most accounts.
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AximTrade provides mobile trading through the MetaTrader 4 app, allowing traders to manage their accounts and execute trades from mobile devices.
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AximTrade offers the MetaTrader 4 platform for desktop users, known for its robust trading tools and customizable interface.
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AximTrade's product offerings include Forex pairs, commodities, and indices, providing essential trading options for clients.
AximTrade operates under multiple entities: AximTrade Pty Limited: Registered in Australia and regulated by the Australian Securities and Investments Commission (ASIC) under license number 001294600. AximTrade LLC: Registered in Saint Vincent and the Grenadines under registration number 328LLC2020. It's important to note that while ASIC is considered a top-tier regulator, the regulatory environment in Saint Vincent and the Grenadines is less stringent. Traders should consider these factors when choosing to engage with the broker.
Trading fees at AximTrade depend on the account type: Standard Account: No commission; spreads starting from 1.0 pips. Cent Account: No commission; spreads starting from 1.0 pips. ECN Account: Commission of $3 per lot; spreads starting from 0.0 pips. Infinite Leverage Account: No commission; spreads starting from 1.0 pips.
While AximTrade is regulated by ASIC, there have been reports of traders experiencing difficulties with fund withdrawals and profit disputes. It's essential for traders to conduct thorough research, consider regulatory oversight, and review client feedback before engaging with the broker.
