AximTrade Review
AximTrade Successfully Works In Financial Markets, Providing A Full Range Of Services To Traders Around The World.
AximTrade Review: Summary
Aximtrade Is An Intermediary That Is Registered In Saint Vincent And The Grenadines And Operates Under The Supervision Of The Financial Services Authority (Svgfsa) Regulator. It Has Been Providing Services For Trading Currency Pairs, Cryptocurrencies, And CFDs Since 2020. The Company Offers Cent, Standard And Ecn Accounts With High Leverage, Low Minimum Deposit Requirements, And Tight Spreads. Aximtrade Has Awards From The Best Forex Ib Program (Africa And Asia) And The Best Forex Trading Platform Asia.
AximTrade Regulation and Security
Axim Trade Is Operated By ‘Thara Heights Owners’ Corporation’ Which Is Authorized And Regulated By The British Virgin Island Financial Services Commission (Bvi Fsc). It Has The Registration Number Fsc 1566389.
Axim Trade Is Also Regulated By The Financial Services Authority (Fsa) Of Saint Vincent And The Grenadines Through The Axim Trade Incorporated. It Has The Registration Number 328 Llc 2020.
AximTrade Features
Overall, Aximtrade Is A Top Contender In Our Best Metatrader Brokers Category This Year. Metatrader Suite: Aximtrade Offers Mt4 And Mt5 For Web And Desktop.
| Features | Status |
|---|---|
|
Regulation
|
Yes |
|
Platforms |
MT4 |
|
Instruments
|
Forex Currency, Commodities, Crypto.
|
|
Demo Account
|
No
|
|
Minimum Deposit
|
$1
|
|
Minimum Spreads
|
Unknown
|
|
Commission
|
Unknown
|
|
Maximum Leverage
|
1:200
|
|
Customer Support
|
Unknown
|
AximTrade Account Types
Aximtrade Has A Very Low Minimum Deposit, This Is Very Suitable For Traders With Low Financial Conditions And This Is Also Supported By Very Large Leverage Of 1:3000, This Will Certainly Be Able To Maximize Funds To Develop Faster, But It Is Also Possible For This Broker Can Be Used By Professional Traders With Unlimited Funds. This Broker Also Has Very Low Trading Conditions, A Standard Account Only This Broker Only Charges 0.5 Pips. And For The Cent Account Only 1 Pip. Especially For Muslims, Aximtrade Provides An Optional Free Swap, Which Can Be Activated Or Deactivated At Any Time.
AximTrade Trading Platforms
| Platforms | Status |
|---|---|
|
MT4
|
Yes |
|
MT5
|
Unknown
|
|
cTrader
|
Unknown
|
|
Web Trading
|
Unknown
|
|
Mobile Trading
|
Unknown
|
AximTrade Spread & Commission
The Broker Says To Offer Spreads Averaged 1.1 Pips On Eur/usd On Its Two Basic Account Types, Which Isn’t A Bad Offer. But Given The Broker’s Corporate Status, We Would Better Suggest That You Check The Offers Of Some Leading Forex Providers Instead. Besides. When We Tested Vow Markets’ Mt5 In Demo Mode, The Benchmark Eur/usd Spread Was As Low As 0.0 – 0.3 Pips On Eur/usd, And No Commission Fee Applied.
| Spread & Commission | Status |
|---|---|
|
Commission On Trades
|
Unknown
|
|
Fixed spreads
|
Unknown
|
|
Min. Lot Size Per Trade
|
Unknown
|
|
Max Lot Size Per Trade
|
Unknown
|
If Trading Costs Are The Same In Live Trading Environment With Real Money Involved, There Is No Way For The Broker To Be Profitable. That Is Why, We Assume That The Lack Of Commission Fees And The Tight Spreads On Demo Accounts Are Just A Trick To Attract New Clients.
