AXI Demo Account

logomark Luca Puddu calendar Last Updated: November 2021 timer 4 min read
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If you’re looking to know everything about the AXI Demo Account, you are in the right place.

We have created a simple guide on AXI to help you determine if it is the right broker for your needs.

On the other hand, if you have just discovered AXI as a broker, we strongly recommend you to read the AXI Review we have created, which will help you make up your mind on whether the broker meets your trading needs.

After this introduction, we’re ready to talk about the Demo account offered by AXI.

Table of contents

AXI Demo Account Opening Tutorial

Clients who intend to use AXI are given the option to open a demo MT4 account, which is one of the best trading platforms around. However the Forex industry is very competitive, and brokers always try to offer top-tier services. That’s why we have written a top 10 featuring the best brokers with the best forex demo account if you’re interested in having a full overview on the topic.

Going back to AXI, here is our simple guide on how to set up your demo account with the broker.

Step 1 — Getting Started With Your AXI Demo Account

To open a demo account, you need to visit the broker’s website. For EU residents, you will be directed to the broker’s FCA-regulated site. In the middle of the page, click on the ‘Demo Account’ button.

Step 2 — AXI Demo Account — What Documents/Information do you need?

On the demo account page, you do not need to provide any in-depth personal details to set up your account. The broker only requires your phone number and an email address. Both of these should be active and valid for the sign-up process to work. Once you are ready to open a live account, you will be required to provide proof of identity documents.

The demo account registration form with Axi

Step 3 — Fill in the registration form

Once you provide the email and phone number, you have to fill out a short registration form. The form will ask you for your name, email address, and phone number. You will also be asked to choose your country of residence. Finally, you will need to pick the account type with which you wish to explore the AXI platform.

Step 4 — Confirm the account via email/telephone

There is no requirement to confirm your account. The broker will send you an email with your login ID and you are good to go.

Step 5 — First login into the AXI MT4 demo account

To begin using your demo account, click on “Launch MT4 WebTrader now” in the email or on the homepage of the broker.

Login to the account with the credentials sent to your email and pick the server you will use. Details of this will be sent to you via email. In this step, if you click on the “Demo” button on the bottom left corner, you can choose whether you wish to use a Standard or Pro Account from the “Account Type” list.

As you use the Demo Account, there is the option to turn it into a live account by clicking on a button on the top right corner of your demo account page whenever you are ready.

AXI Demo Account Review

If you follow the steps above, you will be done with the account opening process. Here is a short review of what you will find in the demo account.

What Types of AXI Demo Account are Available?

AXI offers clients the MT4 Demo account. The reason for this is that all accounts offered by the broker simply use the MT4 platform, which is a top-level platform in the industry. No wonder that the best mt4 forex brokers are also recognized as the best forex brokers around.

All accounts offered by AXI are available as a demo account, which includes their top-tier AXI Pro Account.

AXI Demo Account Features, Restrictions, and Differences with Live Account

The Demo Account you open with the broker mirrors all aspects of the active account. However, traders can only open one Demo account per email. Additionally, slippage is not possible with Demo Account, which is standard amongst all brokers.

Advantages of Trading with an AXI Demo Account

The main benefit of using a Demo Account is that you are not risking any real funds. AXI provides you with virtual funds that you can use to test all of the platform’s features. Another benefit is that the Demo Account mirrors all the conditions of the real account, except the two exceptions mentioned above. Consequently, traders can gain a deep understanding of the platform’s features without risking any funds.

AXI Demo Account Management

Here are details of how the demo account works on AXI.

Axi Demo Trial Expiring time

Like with most brokers, the demo account comes with an expiry date. From the date you open the demo account, it lasts for 30 days.

How to Reset the demo account

Once the Demo Account expires, you cannot reset it. However, you can contact customer support and ask them to renew the account.

To open a Demo Account, there is no minimum deposit requirement. If you wish to continue using the broker, you can open the live account for a small amount of money. Once you open the live account, send the Live and Demo account numbers to the support team and the AXI MT4 Demo account will become permanent.

Axi Demo Account FAQ

Are the spreads on Axi Demo Account the same as the live ones?

Yes, they are the same, according to the spreads on the account types offered: Standard (from 0.4 pips) and Pro (from 0 pips).

How long does the Axi Demo Account last for?

Axi Demo Account lasts for 30 days after the registration. You can add a non-expiring demo account to a live account by contacting the broker.


About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


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