Axion Trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 18:14

Abstract：Axion Trade is a broker. The tradable instruments include forex, commodities, indices, and stocks. The broker also provides nine accounts with a maximum leverage of 1:1000. The minimum spread is as low as 0 pips and the minimum deposit is USD 10. Axion Trade is still risky due to its offshore regulated status, high leverage, and bad reviews about difficulty withdrawing money.

Axion TradeReview Summary
Founded	2020-05-05
Registered Country/Region	United Kingdom
Regulation	Offshore regulated
Market Instruments	Forex/Commodities/Indices/Stocks
Demo Account	✅
Leverage	Up to 1:1000
Spread	As low as 0 pips
Trading Platform	MT4(PC/Mac/Android/iOS)
Min Deposit	USD 10
Customer Support	Email: support@axiontrade.net
	Phone: +2484379846
	Facebook/Instagram

Axion Trade Information

　　Axion Trade is a broker. The tradable instruments include forex, commodities, indices, and stocks. The broker also provides nine accounts with a maximum leverage of 1:1000. The minimum spread is as low as 0 pips and the minimum deposit is USD 10. Axion Trade is still risky due to its offshore regulated status, high leverage, and bad reviews about difficulty withdrawing money.

Pros and Cons

Pros	Cons
Various tradable instruments	Offshore regulated
MT4 available	High max leverage
Demo account available	Unspecific transfer time and fee information
Spread as low as 0 pips	No 24/7 customer support

Is Axion Trade Legit?

　　FSA offshore regulates Axion Trade with license number SD175, regulated by ASIC with a revoked status, license number 001293799, and SERC with license number 037, but the current status is exceeded.

What Can I Trade on Axion Trade?

　　Axion Trade offers 1000+ market instruments with Axion Trade, including over 50+ forex pairs, commodities, 14+ Indices, and stocks.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Indices	✔
Cryptocurrencies	❌
Precious Metals	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Axion Trade has nine account types: Raw, Pro, Institutional, Standard, Islamic, Nano, X300, Elite, and VIP. Traders who want low spreads and low leverage can choose an ECN account, while those with a sufficient budget can open an institutional ECN account. The broker also provides an Axion Trader™ program. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	ECN			Classic			Fixed Spread
Account Type	Raw	Pro	Institutional	Standard	Islamic	Nano	X300	Elite	VIP
Leverage	Up to 1:500	Up to 1:100	Up to 1:100	Up to 1:500	Up to 1:500	Up to 1:1000	Up to 1:500	Up to 1:500	Up to 1:500
Commissions	Yes	Yes	Yes	None	None	None	None	None	None
Spreads	As low as 0 pips	As low as 0 pips	As low as 0 pips	As low as 1.9 pips	As low as 1.9 pips	As low as 1.9 pips	As low as 3.1 pips	As low as 2.1 pips	As low as 1.1 pips
Minimum Deposit	USD 100	USD 100000	USD 1000000	USD 100	USD 100	USD 10	USD 100	USD 1000	USD 10000

Axion Trade Fees

　　The spread is as low as 0 pips, the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

　　Axion Trade cooperates with the authoritative MT4 trading platform available on PC, Mac, Android, and iOS to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems. In addition, Axion Mirror provides copy trading services for beginner traders.