Axim Trade Review

Axim Trade Logo

Axim Trade is an offshore forex broker that is owned by Thara Heights owner’s Corporation, which is registered in the British Virgin Islands. The brokerage firm is also incorporated in Saint Vincent and the Grenadines as Axim Trade Incorporated (Axim Trade LLC). The broker offers online trading in forex and precious metals via the popular MT4 trading platform. Traders enjoy a range of competitive trading conditions, such as low minimum deposit requirement, tight spreads, and rapid trade execution speeds.

Axim Trade Review - Broker Features
Axim Trade Review – Broker Features

Axim Trade Platforms & Tools

Axim Trade clients are provided with the MetaTrader 4 trading platform, which is the most popular forex/CFD trading platform in the world. It supports fast and quick trade executions, including one-click trading functions and is packed with various inbuilt tools for market analysis and trading. The features can be extended with plugin apps created with the MQL4 programming language. MT4 is available in desktop, web, and mobile versions.

Axim Trade Review - MT4 Platforms
Axim Trade Review – MT4 Platforms

The broker provides, on their website, the Economic Calendar tool, which displays dates, times, countries, and forecasts of economic events and their impacts on the relevant currencies.

Axim Trade Review - Economic Calendar
Axim Trade Review – Economic Calendar

Axim Trade Research & Education

There are no educational resources on the broker’s website at the moment.

Axim Trade Trading Accounts

The following account options are available to Axim Trade clients:

  • Standard Account: It has a minimum deposit requirement of $1 and a leverage of up to 1:3000. No commissions are charged for trading on this account, while the average spread is 1.0 to 1.6 pips on major forex pairs.
  • Cent Account: The minimum deposit for this account type is $1, whereas the maximum leverage is capped at 1:2000. The trade size ranges from 0.01 to 150 lots whilst charging no commission on trades.
  • ECN Account: With an initial balance requirement of $50, the ECN Account offers an average spread of 0.2 to 0.7 pips on major forex pairs and charges a commission of $3 on trades. Leverage of up to 1:1000 is available, while the trade size ranges from 0.01 lots to 50 lots.
  • Infinite Account: With an initial balance requirement of $1, the infinite account offers an average spread of 3 pips on major forex pairs and charges no commission on trades. Leverage of up to 1:1000 is available.

Swap-free Islamic accounts are available for customers from certain regions and territories. Demo accounts are also provided for clients to try out the broker’s platforms and practice in a risk-free environment before opening a real live trading account.

Axim Trade Account Funding

Axim Trade accepts the following payment methods for deposits and withdrawals:

  • Bank transfer
  • Electronic payments (Fasapay, WeChat, AliPay, UnionPay)
  • Credit/Debit Cards, including Visa and MasterCard
  • Cryptocurrency
Axim Trade Review - Payment Options
Axim Trade Review – Payment Options

Axim Trade Customer Service

The broker’s customer support team can be contacted via email, live chat, social media, and the ‘Contact Us’ form on their website.

Axim Trade Regulation

The AximTrade Group is represented by the following entities and is regulated in various jurisdictions.

AximTrade Pty Limited is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 001294600. Address: 103 566 St Kilda Rd Melbourne VIC 3002.

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 (ID: 0539713). Address: First Floor, Bank Building. First St Vincent, James Street, Kingstownsen Vincent and the Grenadines.

Huntington Services Limited is an IBC registered in New Zealand and is authorised as a Financial Service Provider (FSP) with license no. FSP6317469. Address: 27 Tainui Street, Raumati Beach, Paraparaumu, 5032, New Zealand.

Axim Trade Review Summary

Generally, Axim Trade is an offshore financial services provider that offers online trading of forex and metals through the popular MT4 trading platform. They offer multiple account options, high leverage, low spreads, and low minimum required deposits starting from just $1.

Axim Trade

7.5

Spreads

7.5/10

Liquidity

7.5/10

Commissions

7.5/10

Support

7.5/10

Regulation

7.5/10

Features

  • MetaTrader 4 trading platform
  • Economic Calendar
  • Multiple payment methods