Axi offers a valid number of account types:
- Axi Demo Account
- Axi Standard Account
- Axi Pro Account
- Axi Elite Account
- Axi Professional Account
- Axi Islamic Account
Axi offers numerous account types, but not all of them may suit your style. Read on to learn about the features of each.
What types of trading accounts are available at Axi?
Below you will find a complete list of all account types available to traders on AXI, with details on features and useful information for choosing.
Clients under ASIC, CySEC and FCA will find a leverage up to 30:1 according to the rules imposed by those bodies. Also, depending on your location, you may not find all the features available.
Axi standard account: best for day traders
- Availability: Under FCA, ASIC, SV, DFSA.
- Markets: Forex, Indices, Oil, Gold, Cryptos, Commodities (130+ assets in total).
- Commissions: You will get charged spreads from 0.4 on forex, and a rollover fee if you hold a position overnight.
- Platforms: MetaTrade4.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500 (SV); up to 30:1 (ASIC, FCA, DFSA).
- Account opening: Standard demo accounts are available for 30 days and whenever you want to open a live account, you will find no minimum deposit requirement.
Axi Pro account: best for scalpers
- Availability: Under FCA, ASIC, SV, DFSA.
- Markets: Forex, Indices, Oil, Gold, Cryptos, Commodities (130+ assets in total).
- Commissions: You will get charged spreads from 0 pips with a $7 commision per lot; a rollover fee if you hold the position overnight.
- Platforms: MetaTrader4.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500 (SV); up to 30:1 (ASIC, FCA, DFSA).
- Account opening: Clients can try a Pro demo account for 30 days. In case you want to switch to a live account, no minimum deposit is requested by Axi.
Axi Elite account: best for scalpers
- Availability: Under SV, FCA and DFSA.
- Markets: Forex, Indices, Oil, Gold, Cryptos, Commodities (130+ assets in total).
- Commissions: You will get charged spreads from 0 pips with a $3.50 commision per lot and a rollover fee if you hold the position overnight.
- Platforms: MetaTrader4.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500.
- Special features: Exclusive market analysis, free VPS and analytics tools.
- Account opening: A demo account is available for Elite clients for 30 days, then there is a minimum deposit of $25.000 to open a real account.
Axi professional account: best for pro traders
- Availability: Under FCA and ASIC.
- Markets: Forex, Indices, Oil, Gold, Cryptos, Commodities (130+ assets in total).
- Commissions: You will get charged spreads from 0 or 0.4 pips depending on the account type, a commission of $3.50 or $7 per lot depending on your account type, and a rollover fee if you hold a position overnight.
- Platforms: MetaTrader4.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500 on major forex.
- Special features: Higher leverage, MT4 VPS, top-level analytical and trading tools including PsyQuation.
- Account opening: You have to open one of the retail accounts and then apply on the site to become a professional customer. The support team will help you if you need it.
Axi islamic account: best for islamic traders
- Availability: Under FCA, ASIC, SV and DFSA.
- Markets: Forex, Indices, Oil, Gold, Cryptos, Commodities (130+ assets in total).
- Commissions: You will get charged spreads from 0 or 0.4 pips depending on the account type, a commission of $3.50 or $7 per lot depending on your account type. There are no rollover fees if you hold a position overnight.
- Platforms: MetaTrader4.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500 (SV); up to 30:1 (DFSA, FCA and ASIC).
- Account opening: Contact the support team if you wish to open an Islamic account.
What happens to inactive Axi trading accounts?
Since December 1, 2021, Axi has been charging an inactivity fee of $10 for clients who have been inactive for at least 12 months.
They also have good customer support to contact if you need to restore your account or if anything else should happen.