Comparison of Account Types of AximTrade
In AximTrade, the MT4 platform supports currency trading, stock index CFDs, and gold and oil CFD trading, but does not provide stock CFD trading.
As shown in the table below, standard accounts, cent accounts, ECN accounts, and Infinite accounts can access the MT4 platform.
Account Type | Standard | Cent | ECN | Infinite |
---|---|---|---|---|
Base Currency | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD |
Maximum Leverage | 1:3000 | 1:2000 | 1:1000 | Unlimited |
Contract size | 100,000 = lot | 1,000 = lot | 100,000 = lot | 100,000 = lot |
Negative Balance Protection (NBP) | Supported | Supported | Supported | Supported |
Minimum Spread | 1.0 pip | 1.0 pip | 0.0 pips | 3.0 pips |
Trading Commission | None | None | $3 per lot | None |
Maximum open/pending orders per client | 200 Positions | 200 Positions | 200 Positions | 50 Positions |
Minimum Trading Lot | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
Maximum Trading Lot | 50 lots | 150 lots | 50 lots | 25 lots |
Trading Bonus | Available | Available | Available | Unavailable |
Deposit Bonus | Available | Unavailable | Unavailable | Unavailable |
Hedging Positions | Allowed | Allowed | Allowed | Allowed |
Required Minimum Deposit | $1 | $1 | $50 | $1 |
Margin Call % | 60% | 60% | 60% | 60% |
Stop Out % | 30% | 30% | 30% | 0% |
Account Opening Pages | Open AximTrade Standard Account | Open AximTrade Cent Account | Open AximTrade ECN Account | Open AximTrade Infinite Account |
Any AximTrade user can hold up to 15 active trading accounts.
Each active member area is allowed to open up to 7 standard accounts, 2 cent accounts, 5 ECN accounts and 1 Infinite account.
Deposits, withdrawals and other functions related to trading accounts can all be operated in the AximTrade member area.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!