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Aximtrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-30 11:44

Abstract:Axim Trade is a forex broker that was founded in 2020 and is registered in Saint Vincent and the Grenadines. The broker offers a range of account types, including Cent, Standard, ECN, Infinite, which cater to traders with different needs and experience levels. Trading leverage can go up to an unlimited level, allowing traders to potentially amplify their profits, though it's important to note that higher leverage also increases the risk of losses.   In terms of trading platforms, Axim Trade offers the popular MetaTrader 4 platform, which is known for its user-friendly interface and advanced trading tools. Traders can access the platform via desktop, web, and mobile devices, giving them flexibility and convenience in managing their trades.

AximtradeReview Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Cryptocurrencies, commodities, indices, Metals, Energies
Demo Account/
Leverage1:1000 to Unlimited Leverage
SpreadAs Low as 0.0 Pip (ECN account)
Trading PlatformMetaTrader4, Mobile App
Min Deposit$1
Customer SupportEmail: support@aximtrade.com
Live Chat
Company address: 103 566 St Kilda Rd Melbourne VIC 3004

Aximtrade Information

  Aximtrade is a forex broker established in 2020 and registered in Saint Vincent and the Grenadines. It provides multiple account options, such as Cent, Standard, ECN, and Infinite, with leverage ranging from 1:1000 up to unlimited levels. The broker supports trading on the widely used MetaTrader 4 (MT4) platform.

Aximtrade Information

Pros & Cons

ProsCons
Multiple tradable productsUnregulated
MT4 and a Mobile App offeredUnavailable website
Spread As Low as 0 Pip
High leverage

Is Aximtrade Legit?

  No, Aximtrade is not a licensed broker. Its licenses are either revoked or suspected of being a fake clone. In light of this, putting your money on the line would be an inexcusable mistake.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Australia Securities & Investment CommissionRevokedAximTrade Pty LimitedAppointed Representative(AR)001294600
Australia Securities & Investment CommissionSuspicious CloneHLK GROUP PTY LTDStraight Through Processing (STP)435746
Is Aximtrade Legit?
Is Aximtrade Legit?

What Can I Trade on Aximtrade?

  Aximtrade provides clients with a wide selection of tradable assets, including forex pairs, precious metals (gold and silver), energy commodities (crude oil and natural gas), global indices (S&P 500 and NASDAQ), cryptocurrencies (Bitcoin and Ethereum), and individual stocks and commodities from global markets.

Trading AssetAvailable
forex✔
cryptocurrencies✔
commodities✔
indices✔
metals✔
energies✔
stocks /shares❌
CFDs❌
options❌
funds❌
ETFs❌

Account Types

  There are four main kinds of trading accounts available to traders using Aximtrade, which are Cent, Basic, ECN, and Infinite.

Account TypesMinimum Deposit
Cent $1
Basic$1
ECN$50
Ifinite/

Leverage

  The leverage provided by Aximtrade is capped at 1:1000 to Unlimited Leverage.

Account TypesLeverage
CentUp to 1:1000 and 1:2000
BasicUp to 1:1000 and 1:2000
ECNUp to 1:1000
InfiniteUnlimited

  Keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

  This broker claims to offer competitive spreads that vary depending on the trading account type. For example, the Cent account and Standard account have floating spreads starting from 1.0 pips, while the ECN account has the tightest spreads, starting from 0 pips, and charges commissions ranging from $3 per lot.

Trading Platform

  Aximtrade offers its clients two trading platforms: MetaTrader 4 (MT4) and a mobile app. MT4 is a widely recognized platform in the forex industry known for its advanced charting capabilities, technical analysis tools, and customizable interface. However, we couldn't find much information about the Aximtrade Mobile App.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginner
Aximtrade Mobile App✔Mobile/
Trading View❌Desktop, Mobile, Tablets, WebBeginner
MT5❌Desktop, Mobile, WebExperienced trader

Deposit and Withdrawal

  Aximtrade supports a wide range of payment methods, including bank transfers, credit cards, and e-wallets.

Related broker

Unverified
Aximtrade
Company name:AximTrade Pty Limited
Score
1.59
Website:https://aximtrade.net/?language=en
5-10 years | Suspicious Regulatory License | Self-developed | High potential risk
Score
1.59

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