Choosing a reliable forex broker is a major decision in your investment plan. Therefore, we will provide a full analysis and detailed AximTrade review. In order to find the best forex broker, you need first to define what type of investor you are and your goals in currency trading.
Since the forex market has become one of the fast-growing investment destinations, you’ll find many forex brokers that offer countless features out there. Each broker has its advantages and disadvantages. You need to balance things up and choose what suits your trading goals and strategy along with safe and trusted trading.
Trading Forex with a Reliable Broker
Take your time searching for a reliable forex broker so your money and trades will be handled appropriately. The main features of a reliable broker include efficient customer support, real-time market execution, suitable trading conditions, a wide selection of account types that suits different traders depending on their financial capabilities, providing advanced software for successful trading, secure and fast money depositing, and withdrawal, competitive spreads and finally but not least is offering multiple trading options with various trading instruments.
Checking the broker’s regulatory compliance is very crucial. You have to choose a regulated forex broker, which keeps you safe from scams and fraud. AximTrade Reviews and ratings displayed the high trust of customers in the brand and the security of funds, the stability of the platform, and the efficiency of the trading conditions.
The safety of your money and personal information is highly important when you open a forex account because brokers can get hacked or go bankrupt. A forex broker can also recover more than your account balance through legal action if it doesn’t offer negative balance protection. The negative balance protection means that you won’t be asked for more than your account balance if a position crashes.
About AximTrade: AximTrade is an online financial services provider that offers forex, indices, metal, and cryptocurrencies for trading online with over 2 million clients from all around the world. AximTrade stands out as a forex broker for its reliability and excellent trading conditions with flexible leverage, 180+ trading instruments, ultra-fast execution speed, and the award-winning IB program. AximTrade has been dedicated to empowering traders with advanced trading options for an exceptional journey in the world of investments.
Starting trading with a minimum deposit of $1 is one of the top privileges of AximTrade accounts and is considered among the lowest in the industry. With a fast registration and low minimum requirement to open an account, AximTrade provides unique trading opportunities for traders. The tight spreads offered by the standard accounts are highly competitive and effectively rewarding for trading opportunities.
AximTrade rating has been increasing rapidly due to the top MetaTrader 4 technology offered to forex traders. The account types in AximTrade are divided into four types of forex accounts which include Cent account, Standard account, ECN account, and Infinite leverage account. All account types are available with swap-free Islamic accounts for Islamic countries. AximTrade also provides a demo account that allows traders to test out the platform before they start trading.
AximTrade Regulations and Financial Licenses
AximTrade as a financial service provider is represented by AximTrade Group which includes the following entities and is regulated in various jurisdictions.AximTrade Pty Limited is regulated by the Australian Securities and Investments Commission (ASIC), AFS Representative No. 1294600 under AFS License No. 435746.
AximTrade LLC is incorporated under registration number 328 LLC 2020 by the Registrar of Limited Companies, LLC registered by the Financial Services Authority of Saint Vincent and the Grenadines and by the National Futures Association. Address: First Floor, Bank Building. First St Vincent, James Street, Kingstownsen Vincent, and the Grenadines.
AximTrade LLC is registered by the Financial Services Authority of Saint Vincent and the Grenadines which ensures the broker’s compliance with the highest international standards and best conduct of business practices. This includes handling client assets, safeguarding client funds, and providing regular financial reports. The financial regulation allows investors and customers to benefit from the secure environments and privacy of their transaction data. AximTrade Regulations guarantee accountability and transparency that protects the interests of our traders.
AximTrade Trading Accounts
In this AximTrade review and rating, we inspected the accounts’ specifications. Traders can choose between various account types, based on their trading strategy, experience, and capital designed for investment. Choices include Standard, Cent, or ECN trading accounts. All accounts offer negative balance protection with a low spread from zero to 1 pip on all majors.
Enjoy a variety of trading bonuses on all account types with a minimum deposit starting from $1. Any AximTrade client can hold up to 15 active trading accounts. You are allowed up to 7 Standard Accounts, 2 Cent accounts, 5 ECN accounts, and 1 Infinite leverage account per Active Member Area.
The Standard account is the most popular account type among avid forex traders. This account requires a minimum deposit starting from $1 with no commission. The account allows leverage up to 1:3000. The minimum lot for trading starts from 0.01 lots and up to 50 lots. The standard account has a tight spread on major currency pairs as low as 0.1 pip and clients can open up to 200 orders at a time.
The Cent account is considered a highly popular account type among traders with investors of day trading. The accounts provide zero commission and no minimum deposit. The traders can start with as low as 1$ fund and trade from 0.01 lots up to 150 lots while using flexible leverage up to 1:2000. The lost size in the Cent account is 1,000 and traders can open positions up to 200. According to customer surveys in the Aximtrade review, the cent account is considered the most user-friendly account to start with to explore the platform and trading conditions.
The ECN account is highly competitive with one of the best trading conditions for ECN forex trading. The account provides the lowest commission of $3 per lot and only a $50 minimum deposit with trading volume starting at 0.01 lots up to 50 lots. AxmiTrade leverage for the ECN account is up to 1:1000 on major pairs with one of the best spread prices in the market.
Infinite Leverage Account
The Infinite Leverage account takes traders to the next level by allowing them to borrow a limitless amount of trading capital from AximTrade, the leading best broker. The account exclusively offers the opportunity to trade more and maximize the potential for profitability. This one-of-a-kind forex account type helps you to fulfill your trading potential by trading larger positions using borrowing funds.
AximTrade provides a wide forex leverage range that helps you choose your preferred risk level. The leverage ratio depends on your account type and equity, up to infinite leverage, and can be reduced by applying custom leverage.
Swap-free accounts are available for customers from certain regions including Islamic countries and Arabic-speaking countries in the Middle East and North Africa. According to AximTrade review, all the accounts are fully Islamic accounts by default for anyone registering.
AximTrade MT4 – The Best MetaTrader 4 Platform
The brokerage services offer one of the most advanced MT4 platforms for all devices including Mobile and Desktop and support for iOS, Windows, and Android operating systems. The top-notch AximTrade MT4 is popular for its stability and reliability over the years which served hundreds of thousands of traders around the world.
AximTrader servers and the trading platform support fast and quick trade executions including a one-click trading function and allow various tools that can be used to conduct in-depth market analysis on the MT4 platform.
The MT4 platform is extendable and can use different features via plugin apps, software expert advisors (EAs), and other trading tools that can be acquired from the MQL market. AximTrade MT4 is available for download on the website and requires you to open a forex account to be able to log in to the platform.
AximTrade Trading App
Using the AximTrade trading app, you can access global markets and make informed decisions in a secure and streamlined environment. The Mobile application is available for iOS and Android and provides few-steps registration and an easy-to-use user experience.
- Advanced FinTech: Easy-to-use interface with just a few clicks. Enjoy the fastest technology for managing accounts and executing trades. Highly secured with verification methods and safe transactions. Using QR codes to share partner links.
- Reliable Trading functionality: Making trades, setting pending orders, and closing positions are easy and reliable with the trading app. Monitor your trading activities and account history in one place. Access copytrade direct and multiple functionalities including promotions and bonus programs.
- A diverse range of instruments: With the ultimate ease, you can now trade 100+ instruments including currencies, crypto, indices, stocks, and commodities. Either select your preferred ones for direct access or take a look at the most traded symbols of today that are moving rapidly.
- Easy Account Management: AximTrade App allows easy access to trading accounts with several functions including account registration, verification, and managing accounts in-app.
- Full Control of Transactions: Deposit, transfer, and withdraw funds with just a few taps. Easy access to multiple payment methods and e-wallets. Transfer funds between accounts instantly.
- Direct Access to Support: Use the in-app chat to gain instant access to customer support 24/7.
Why Choose AximTrade?
Initially, the AximTrade review allows the customer to understand why choosing the broker and what are the main features. AximTrade is ideal for forex traders and investors who are seeking reliable conditions to access the market and start trading.
Traders who prefer flexibility and fast process registration consider AximTrade one of the best choices, as it is allowing traders to start with lower capital. Therefore, the platform is continually expanding its capabilities to serve all types of traders by providing flexible leverage, low opening balance requirements, tight spreads, and effective payment methods.
While the platform is focused on providing effective forex execution, the company is adding additional assets for investors to diversify their investment portfolio. AximTrade offers the Cent account which is perfect for new forex traders, with a minimum lot size of 0.01, no deposit and withdrawal commissions, and a $1 minimum deposit.
- Tight spreads and low minimum balances reduce financial commitment
- Variety of account types including Standard, Cent, ECN, and Islamic
- Excellent customer service reachable through email, live chat, and more
- Fast order execution with execution speed at 0.004s
- Instant deposit and withdrawal, a wide variety of payment methods
- Minimum deposit of $1 and no commission
The Top Copy Trading Platform
For those interested in starting out in live forex trading, copy trade is an excellent option at AximTrade. Copy trading is an innovative trading method that allows newbies to identify successful traders and emulate their trading strategies for profit. For beginners, copy trade offers the convenience of avoiding costly mistakes and offering the opportunity to learn forex trading from skilled and competent investors.
With copy trading, you can learn from successful investors and traders, improve your trading capabilities, reduce your research time, and move beyond your inexperience. To put it simply, copy trading with AximTrade allows beginners to benefit from the experience and knowledge of a successful trader without having to learn everything from scratch.
Fast Deposits and Withdrawals
AximTrade Review sheds light on how seamlessly deposits and withdrawals are. AximTrade offers instant deposits and withdrawals for e-wallets which allow clients to have full control of their funds. With a wide range of local and international payment methods, AximTrade provides convenient ways to deposit and withdraw money and enables reliable conditions for traders.
All transactions are trackable via the personal account and segregated accounts are set up in order to ensure that there is a clear and complete separation of client funds from those of the company. The identity verifications allow a safe and secure environment for clients and effectively detect any suspicious scam activities or frauds.
Deposits to the trading account are sent to specifically designated accounts holding the funds of the clients securely. Internal transfers between accounts are instant as well which enables customers to control their funds 24/7.
Flexible Leverage up to Infinite
AximTrade offers flexible leverage for margin trading which allows Standard accounts to leverage up to 1:3000 leverage which is one of the top competitive leverage conditions. The flexibility of the leverage allows the clients to trade with a low amount of capital and the ability to access the market. For the Cent account, AximTrade offers 1:2000 while in the ECN account the leverage is up to 1:1000.
AxmiTrade provides a special account with an infinite leverage account allowing professional traders to maximize their leverage to the highest. However, it is important to note that the maximum leverage is considered high risk and is not available for accounts or restricted countries. It is always important to understand the leverage terms and conditions and its risks before starting your trade.
Variety of Financial Assets and Cryptocurrencies
The platform hosts a large array of financial assets for CFD trading including forex currencies, indices, metals, energies, stocks, and cryptocurrencies. The financial assets available in the standard account include 33 currency pairs, 59 cryptocurrencies, 9 metals, 72 stocks, 10 indices, 3 energies, and 2 commodities. With this variety of the most traded CFDs, the company offers unlimited opportunities for clients of all preferences or trading strategies to trade financial instruments.
Moreover, the company continuously adds new assets to its platform. Crypto traders will find multiple cryptocurrencies to trade with the best margin offered and tight spread. According to the AximTrade review, the platform is recently expanding its assets with more instruments.
Reliable Trading Conditions
The platform and trading process is designed to offer an effective experience for traders with reliable trading conditions. The broker provides a set of secured payment solutions with protection against scams. Aximtrade secure system and advanced technology offer one of the highest security measures for clients’ funds and transactions.
AximTrade is one of the leaders in introducing a no re-quotes and no rejection of orders policy. The platform offers 100% execution of orders with almost all executed at 0.004-second execution speed. The trading platform supports market, limit, stop, and trailing stop orders. With fractional pip pricing, traders can trade with tighter spreads and enjoy the most accurate quoting possible.
Bonus Programs and Promotions
At AximTrade, we value your loyalty and hard work. Our forex bonus programs are designed to reward you with a range of exciting promotions like no-deposit bonuses, deposit bonuses, cashback offers, and more! During special promotional periods, you can receive an additional 50% bonus on your first deposit in our trading account – giving you the potential for greater profits down the line. Join us today and take advantage of these amazing opportunities!
Plus, a variety of other promotional offers are also accessible–from lucky draws to F1 tickets and World Cup tickets. Not only that, but you can receive loyalty rewards, referral programs as well as exclusive VIP rewards which add enormous value when trading with AximTrade!
Excellent Customer Support
AximTrade provides highly responsive customer support services available 24/7. The customer support channels include website chat, email, dedicated phone numbers, and social media, and are available in more than 10 languages. The customer service team is helping traders to ensure customer success and to overcome any obstacles they encounter.
Queries and comments to AximTrade can be addressed to the customer support team through the website, Facebook or LinkedIn. Over the years, AximTrade reviews have had positive feedback from customers around the world and the company scored a high rating as a trusted broker with the best customer support.
Customer Rating and Satisfaction
Customers have rated AximTrade highly for their personalized solutions and services, with many citing the ease of use, wide range of assets available, innovative technology, and excellent customer service as the main reasons they enjoy trading with the broker. AximTrade Reviews on independent consumer websites also portray the broker as a reliable and trustworthy provider that goes the extra mile to ensure clients are satisfied.
Furthermore, traders note that AximTrade’s educational resources are invaluable when it comes to educating themselves about the forex markets and building successful trading strategies. With all this positive feedback from customers, it is easy to see why AximTrade has been named Best Broker of the Year in the Global Forex Awards.
Free Forex Learning Course
A forex trading course is an essential tool for novice traders entering the world of forex trading for the first time. Having a passion for trading forex does not mean you should start trading it right away. By enrolling in a forex trading course, beginners can improve their knowledge of the market by combining both theoretical and practical learning.
AximTrade Forex course offers a broad range of topics to help you learn everything you need to know about forex trading to be successful. The course is usually self-paced, so you can learn at your own pace. By the end of the course, you will feel comfortable and ready to begin trading in real-time with your newfound knowledge.
Are you looking for a convenient way to learn how to trade in global markets? AximTrade Forex Academy is exactly what you need! Our comprehensive library of resources includes numerous free online courses, step-by-step guides, forex charts, and video tutorials that are explicitly designed with traders like yourself in mind. No matter if it’s opening an account or using risk management strategies – we have got everything covered so that you can make informed decisions when trading. Get started on your journey toward becoming a successful trader today at AximTrade Forex Academy!
AximTrade Academy has everything that traders require to swiftly acquire the skills necessary for forex trading and earning substantial profits. Its education resources boast a comprehensive advanced course on complicated topics such as trend analysis, fundamental analysis, forex strategies, and money management. In addition, AximTrade’s friendly customer service team is always available to answer inquiries or provide support whenever needed. Start learning today with AximTrade Academy’s extensive resources!
Global Forex Award Winner
The world’s fastest-growing forex broker AximTrade is now a proud winner of multiple awards at Global Forex Awards 2022 – Retail this year for the second consecutive time. The forex broker is regionally and globally recognized for cutting-edge technology, low-cost trading, and world-class customer service.
AximTrade earned this highly commended recognition following rigorous evaluation aimed at recognizing the best of the best in the global retail forex market. AximTrade received an unprecedented number of unique votes from the global forex trading community, winning awards in four categories, including Best Forex IB Programme – Global, Best Forex Copy Trading Platform – Asia, Best Forex Broker – MENA, and Best Forex IB Programme – MENA.
AximTrade’s immerse offers and a wide variety of forex bonus programs allow customers to benefit the maximum from the provided trading accounts. Choosing between various account types is easy in the personal area. Traders can create multiple accounts based on their trading strategy, experience, and capital designed for investment.
Choices include Standard, Cent, Infinite leverage, or ECN trading account. Enjoy favorable trading conditions with Aximtrade; especially when it comes to margin and leverage levels. You can control your real-time risk exposure by monitoring your used and free margin which together makes up your equity.
The Official Sponsor of Alfa Romeo F1 Team Stake
AximTrade as one of the market leaders has extended its presence globally with a successful partnership with the Alfa Romeo F1 Team STAKE, a world-renowned brand and one of the most prestigious Formula 1 team. It has been a remarkable sponsorship with shared values and ongoing collaboration in 2023. Globally, AximTrade has expanded it’s as the global strategic sponsor of Fazzaco Expo Dubai 2022, as well as the regional sponsor of iFX Expo Asia 2022 in Bangkok.
The company’s vision for providing the best in class services has been reflected in the dedication to expanding the relationship with our partners and in major regional and global events. AximTrade unstoppable achievements have been awarded by the customer’s trust and growth in the number of accounts and trading volume.
Open a Forex Account with AximTrade
Getting started with forex trading is now a very simple and straightforward process if you choose to do so with AximTrade. Here are the 5 simple steps to trade forex pairs online with the leading forex broker according to the AximTrade review.
Follow these steps to open a forex account with AximTrade:
- To open forex account log in to your member account from AximTrade login, and click on the “ + Open Extra Account” button on the top right.
- Choose your preferred account type. You can choose between Standard, Cent, ECN, or infinite leverage accounts. You can also choose a demo account if you’re a beginner.
- Select your account and press “Open”.
- Name the Account and create both trading and investor passwords for your account. The investor password should not be the same as the account password. Remember to use both uppercase and lowercase letters, and use a combination of numbers and letters. Then click “Done”.
- Now your account is ready for trading. You can find all your accounts in the “My Accounts” tab.
Overall: Why Choose AximTrade?
AximTrade ensures that it maintains the highest international regulatory standards and best business practices to ensure the safety of its investors and clients. As the best broker, the entity provides a high level of protection for the interests of the general public and market participants.
AximTrade has established itself as the best forex broker when it comes to diversifying investment portfolios offering a wide range of Forex, Stocks, Crypto, Indices, Metals, and Energies, making the brokerage the best fit for any trader in search of the perfect trading platform.
Traders who prefer flexibility and fast process registration consider AximTrade one of the best choices, as it allows traders to start with lower capital and provided high ratings in AximTrade reviews over multiple financial portals. As a result, the platform offers flexible leverage, low opening balance requirements, tight spreads, and effective payment methods so that it can serve all types of traders.
AximTrade is not just concerned with providing tailored trading accounts for specific needs, it is also committed to improving the trading skills of its customers with forex education. With AximTrade, the best forex broker, one can set up a trading account with a few easy steps and take advantage of the unlimited trading opportunities at their fingertips.