What is AximTrade?
Broker overviewAximTrade is an ECN / STP forex broker founded in 2010 and based in Saint Vincent and the Grenadines. It offers forex currencies, cryptocurrency, commodities, indices, stocks, bonds, futures on MetaTrader4 (MT4), Web Platform and Mobile.
AximTrade is regulated by Registered by the Financial Services Authority of Saint Vincent and the Grenadines. Its listed office is First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines..
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the AximTrade bonus offers, and who the broker suits best.
- ✓Regulated since 2010 by Registered by the Financial Services Authority of Saint Vincent and the Grenadines, with segregated client funds.
- $Cost to start: $1 minimum deposit and spreads from 0.0 pips.
- ⚡Flexible trading: leverage up to up to 1:3000, hedging, scalping and news trading allowed.
- %Bonus: 100% Forex Welcome Bonus and a no deposit bonus.
Our short verdict
AximTrade stands out for its Registered by the Financial Services Authority of Saint Vincent and the Grenadines licence, a very low $1 minimum deposit and tight spreads from 0.0 pips. The main thing to watch: very high up to 1:3000 leverage greatly increases the risk of loss.
More about AximTrade
Some news
Is AximTrade safe and regulated?
AximTrade is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| Registered by the Financial Services Authority of Saint Vincent and the Grenadines | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which AximTrade company will hold your account, because protection levels can differ between regions.
AximTrade account types and trading conditions
These are the main trading conditions listed for AximTrade. It offers Islamic, mini, VIP, managed accounts.
| Feature | AximTrade |
|---|---|
| Minimum deposit | $1 |
| Minimum spreads | 0.0 pips |
| Max leverage | up to 1:3000 |
| Execution | ECN / STP |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
AximTrade trading platforms
AximTrade supports MetaTrader4 (MT4), Web Platform and Mobile. MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures. The website is available in English, Chinese, Indonesian, Malay, Thai, Arabic.
AximTrade deposit and withdrawal methods
AximTrade accepts these deposit methods:
- Wire Transfer
- Credit Card
- Neteller
- Skrill
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EUR, GBP, JPY, CHF AUD, HUF, PLN, RUB, SGD, ZAR. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
AximTrade bonus and promotions
These are the promotions listed for AximTrade:
Promotion offered by AximTrade. Check the broker's terms for trading volume and withdrawal conditions.
AximTrade's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
AximTrade no deposit bonus: AximTrade lists a no deposit bonus: $55 Start-up Forex No Deposit Bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
AximTrade pros and cons
Pros
- Regulated by Registered by the Financial Services Authority of Saint Vincent and the Grenadines (since 2010)
- Very low $1 minimum deposit
- Spreads from 0.0 pips
- MT4, Web trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- Very high up to 1:3000 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
- CFD trading carries a high risk of losing money
How to open an AximTrade account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $1 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4, Web. Practise first on a free demo account.
AximTrade customer support and contact
These are the contact details we have on file for AximTrade:
AximTrade review FAQ
Is AximTrade a regulated broker?
What is the AximTrade minimum deposit?
Does AximTrade offer a no deposit bonus?
What is the maximum leverage at AximTrade?
Which platforms does AximTrade support?
Is AximTrade good for beginners?
Final verdict: should you trade with AximTrade?
AximTrade scores 4.2 out of 5 in our review. Its strongest points are its Registered by the Financial Services Authority of Saint Vincent and the Grenadines licence, a very low $1 minimum deposit and tight spreads from 0.0 pips. Keep in mind: very high up to 1:3000 leverage greatly increases the risk of loss; trading terms can differ by region and group entity.
If you want to start without your own money, AximTrade's no deposit bonus is worth a look. Compare it with other options on our best forex brokers page before deciding.