AximTrade Review

Minimum Deposit: $1 VISIT BROKER
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Axim Trade is an online financial services business that offers forex, cryptos, indices, and precious metals for trading online using the renowned MT4 trading platforms on a variety of devices, including desktop, web, and mobile. Although the broker has a modest minimum deposit requirement, they cannot accept clients from all countries.

AximTrade is an online retail forex and CFD broker operating since 2020. The broker’s headquarters are located in St. Vincent and Grenadines. AximTrade Group is the parent company of AximTrade Pty Limited (Australia), AximTrade LLC (St. Vincent and Grenadines), and Huntington Services Limited (New Zealand). AximTrade is regulated by a top-tier regulatory authority in ASIC. In addition, negative balance protection and segregated accounts can also provide traders a feasible environment in terms of the safety of their funds with the broker.

AximTrade offers a limited range of trading instruments in currencies, metals, energies, indices, and cryptocurrencies. In addition, trading conditions are very feasible in terms of tight spreads and low commissions. Moreover, a variety of account types provide traders with different conditions to suit their individual needs. The broker provides access to the well-known MetaTrader 4 (MT4) on desktop and mobile devices but does not currently offer the improved MT5.

AximTrade has a nice collection of educational and research tools for its clients. Tools like copy trading help investors to copy other traders’ portfolios. In addition, the broker requires a minimum deposit of just $1 to open an account. There are also free demo accounts if you would like to give them a try without making a financial commitment.

7.2Expert Score
AximTrade Rating

AximTrade is an online financial services company that offers a limited choice of CFDs on forex, cryptos, indices, and precious metals for trading online via the popular MetaTrader 4 trading platforms for desktop, web and mobile.

Trading Products
Commissions and Fees
Platforms and Tools
Research and Education
Deposit and Withdrawal

AximTrade Review

Pros and Cons

AximTrade is a regulated broker, that provides negative balance protection and keeps its clients’ funds in segregated bank accounts. In addition, the broker provides ECN executions to facilitate traders with low latency and nearly instant executions. Moreover, AximTrade provides zero spread accounts for day traders.

AximTrade offers tight spreads and low commissions on trading a variety of trading instruments in forex, CFDs, and cryptocurrencies. You can use any strategy that you wish as the broker allows all types of trading such as scalping, hedging, and automated trading with EAs.

Moreover, AximTrade provides cash rebates for those of you who are trading significant volumes. Multiple payment methods are available for deposits and withdrawals of funds globally, including cryptos. The broker offers MT4 on multiple desktop and mobile devices. Finally, AximTrade offers 24/5 customer support to its clients.

On the other hand, AximTrade does not offer any other trading platform except for MT4 and the financial instruments are significantly lacking when compared to some brokers such as Exclusive Markets who offer thousands. There are deposit and withdrawal fees with some payment methods. There are no dedicated educational course contents or research tools such as Autochartist or Trading Central.

Moreover, AximTrade does not offer swap-free Islamic accounts. Plus, the broker does not offer its services to clients from certain countries, such as the US and UK. AximTrade or its parent company are not public companies. Therefore, financial information is not available. In addition, AximTrade does not hold a banking licence.

  • Regulated by ASIC
  • Negative Balance Protection
  • Segregated accounts
  • Zero spread accounts
  • ECN executions
  • Tight spreads
  • Low commissions
  • Rebates
  • Low minimum deposit
  • Hedging, scalping, and automated trading allowed
  • Crypto deposit and withdrawals
  • Free deposit or withdrawal with some payment options
  • MetaTrader 4
  • Economic Calendar
  • Seminars
  • Demo accounts
  • 24/5 customer support
  • Deposit fee on cryptos
  • Withdrawal fee on cryptos and e-wallets
  • No Islamic accounts
  • No fixed spread accounts
  • Only MetaTrader 4 trading platform
  • Limited trading products
  • Limited educational and research resources
  • No 24/7 customer support

AximTrade Review

Trading Products

AximTrade has a restrictive product portfolio of over 100 trading instruments. However, these instruments are from a limited number of asset classes such as currency pairs (49+), metals (2), energies (2), indices (10), and cryptocurrencies (19).

On the other hand, AximTrade does not offer other popular asset classes such as stocks, options, bonds, and ETFs to its clients. It would be nice to see these asset classes on the broker’s product portfolio.

I think there will be enough if you just want to trade forex, but if you are looking for individual stocks, then you might want to browse our best stock brokers for an alternative broker.

AximTrade Instruments Summary

AximTrade Instruments

AximTrade Review

Commission and Fees

Commission and Spread Fees

AximTrade offers multiple account types to facilitate all types of traders. You can choose an account depending on if you want tight spreads or if you prefer not to pay a commission fee and have it included within the spread instead. The conditions are decent, but you can save on commission fees with RoboForex who also have zero pip spreads and a much larger product range of over 12,000 instruments for you to choose from.

  • You can open Standard or Cent accounts to enjoy commission-free trading and average spreads starting from 1.0 pip.
  • In addition, AximTrade offers ECN accounts with tight spreads as low as 0.0 pip and reasonable commission starting from $3 per standard lot per side.
  • You can also avail Infinite accounts to trade with zero commissions and spreads starting from 3.0 pip, which is quite high and probably not ideal for scalping.
Commission (per standard lot per side)$0$0$3$0
Spreads from110.03.0
AximTrade Fees

Deposit and Withdrawal Fees

AximTrade offers multiple payment methods for deposit and withdrawal of funds, including bank (wire & local bank) transfers, electronic payment options, and cryptocurrencies.

Deposits: AximTrade does not charge any deposit fee on any other payment method except cryptocurrencies. But, deposit fees for cryptos are low, starting from $1-$2.

Withdrawals: AximTrade does not charge any withdrawal fee on bank transfers and some e-wallets. However, there are certain withdrawal fees for using NETELLER (4%), Skrill (4%), and cryptocurrencies ($1-$2 for USDT TRC-20 and BEP-20 and $15-$20 for USDT ERC-20).

It’s worth noting that most of the payment options process transactions instantly, according to AximTrade. Moreover, clients can choose from 11 base currencies for their accounts to avoid currency conversion charges by using their local currency as the account base currency (if applicable).

Inactivity Fees

AximTrade does not charge an inactivity fee from its clients which is a good advantage that they have over some brokers but might not be an issue unless you are planning on taking a long break from trading.

AximTrade Review

Platforms and Tools

AximTrade provides its clients with the top-notch MetaTrader 4 (MT4) platform from MetaQuotes. The broker offers access to its MT4 via desktop and mobile devices. Investors can make use of COPYTRADE to replicate other traders’ portfolios with AximTrade. Let’s have a look at the trading platforms and tools provided by AximTrade.

MetaTrader 4 (MT4) Desktop

MetaTrader 4 or MT4 is a free trading platform that includes currency pairings as well as other financial products such as CFDs, indices, futures, commodities, and cryptocurrencies. MetaQuotes Software launched the platform in 2005, and it is by far the world’s most popular online forex trading platform, with the leading forex brokers utilising it as their primary platform.

MetaTrader 4 offers a very user-friendly interface that allows both novice and seasoned traders to trade the markets with relative ease. The software is simple to use for traders of all levels. It has extensive customization tools, allowing you to customise the platform to your trade needs.

With a collection of in-built technical indicators and charting tools, enhanced charting allows you to analyse the technical aspects of the markets in great detail.

It provides a variety of trade execution techniques and order types. There are also rapid trading options that allow you to execute trades immediately from the chart with a single click.

The platform provides real-time access to market pricing and liquidity. You may see all data, including the spread, contract size, margin currency, and margin percentage.

Another significant advantage is that MT4 is regarded as a very safe and dependable platform since data flow between client terminals and servers is encrypted. Furthermore, traders’ IP addresses are concealed, allowing them to conduct trades in a completely secure manner.

Another noteworthy advantage is the ability to trade while on the move. The MT4 platform is completely interoperable with most PC devices allowing you to access the market whenever and wherever you choose and stay up to speed on current market action from the comfort of your phone or laptop. The MT4 software enables experienced traders to handle several trading accounts easily and professionally.

The MT4 platform is scalable, and all of its capabilities may be enhanced or expanded by plugin programmes written in the MQL4 programming language. The platform allows for the automation of strategies through the use of software expert advisors (EAs) that may be deployed on the platform. EAs, technical indicators, and other trading tools may be purchased through the MQL market, which can be accessed through the “marketplace” option in MT4.

Here is a summary of MT4 features:

  • Three chart types and nine timeframes
  • 60+ technical indicators and charting objects for chart analysis
  • Live market quotes in market watch window
  • Multiple charts in one window
  • Multiple order types (market, instant, pending)
  • Risk management (stop-loss, trailing stop and take profit)
  • User-friendly
  • Fully customisable charting
  • MQL4 editor for custom indicators and scripts
  • Expert Advisors (EAs): automated trading
  • Trading history
  • MetaQuotes community and marketplace
  • Price alerts (push notification via email and SMS)
  • Stable and lightweight interface
AximTrade MT4 Platforms

MetaTrader 4 (MT4) Mobile App

AximTrade clients who want to trade on their mobile devices, such as tablets and smartphones, can use the MT4 mobile trading app. It provides the same features and functionality as the desktop version of MT4 and allows you to handle your positions while on the road. The software is free to download from Google Play and Apple App Stores. However, it does has some limitations such as it cannot run automated systems. You will need the desktop version of the platform for that.

AximTrade Review MT4 App
AximTrade Review MT4 App


With a decent selection of Money Managers to replicate, you may build a trading portfolio that is both balanced and diverse.

Before investing your money in trading, you must comprehend and be well aware of all the risks. Past performance is no guarantee of future success for a Money Manager.

However, there are risk management elements that may assist you in making wise selections when selecting a Money Manager, which may help to maximise earnings and minimise potential losses.

AximTrade will not charge you any fees or commissions. You will only be charged a specific performance fee, which will be paid directly to the Money Manager. The minimum amount necessary to begin replicating a Money Manager is determined by the parameters of that Money Manager.

You may find more information regarding minimum deposit and other questions that come to your mind regarding copy trading on AximTrade’s official website and FAQs.

I would say that if you are in the market for a copy trading platform then you might want to consider eToro instead. They are considered the industry leader in terms of social trading platforms.

AximTrade CopyTrade
AximTrade CopyTrade

AximTrade Platforms Summary

MetaTrader 4 (MT4)
MetaTrader 5 (MT5)x
Social Trading
Other x
AximTrade Platforms

AximTrade Review

Research and Education

AximTrade offers various educational and research resources to its clients for free so that they can make informed trading decisions. These tools include an Economic Calendar, video tutorials, and Seminars. Unfortunately, AximTrade does not provide any other tools such as AutoChartist, Trading Central, Market Analysis, Webinars, or guides. If you want to take your trading up a level, then you can get access to these tools and a lot more via

Forex Education

AximTrade provides its clients with free educational content on the basics of forex trading and trading strategies. This can be beneficial for beginners who want to learn to trade starting from scratch.


There are easy to understand video tutorials that walk you through the trading platforms, trading activity, and COPYTRADE.


During seminars, you can master the fundamentals of forex trading, such as reading charts, understanding and applying numerous time frames, initiating and closing positions, and basic money management. You will also learn about Technical Analysis and how it is used in intraday trading. On a daily basis, you will be able to uncover and learn a good variety of trading strategies.

AximTrade seminars are free and held on a regular basis around the regions by trustworthy partners and experts. The objective is to educate customers and investors on the risks and possibilities associated with forex trading, as well as to assist them in developing their understanding and abilities in order to try and be more consistent traders.

Economic Calendar

The Economic Calendar is considered an essential element to forecast market movements. You will find information about past and upcoming macroeconomic events with respect to the currency or country. I think this is an important tool that should always be referenced before making any decision.

AximTrade Research and Education Summary

Market Analysisx
Trading Centralx
Economic Calendar
AximTrade Resources

AximTrade Review

Deposit and Withdrawal

AximTrade offers multiple versatile funding options to deposit and withdraw funds, including bank transfers, electronic wallets, and cryptocurrencies. Other popular payment methods such as debit/credit cards are not yet available but will be available soon, according to the official website of AximTrade. If you are looking to make card payments and just want a better selection all round, FXTM have a great variety.

AximTrade Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Cardxx
Electronic Wallets
AximTrade Funding Options

AximTrade Review

Regulation and Safety

AximTrade Group is the parent company of several entities. The regulations for each entity are as follow:

  • AximTrade Pty Limited is regulated by the Australian Securities and Investments Commission (ASIC).
  • AximTrade LLC is registered by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
  • Huntington Services Limited is an IBC registered in New Zealand and is authorised as a Financial Service Provider (FSP).

AximTrade Regulation Summary

ASIC (Australia)
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
AximTrade Regulators

AximTrade Safety

Although AximTrade or its parent company are not publicly traded companies and their financial information is not available, the broker keeps clients’ funds in segregated bank accounts so that they cannot be used in operational costs of the broker. In addition, AximTrade provides negative balance protection to all its clients. Considering the tier-1 regulation of ASIC, AximTrade may be considered a safe broker.

AximTrade Review

Client Support

AximTrade provides customer support 24/5 with live chat and email. I think the broker could improve by adding weekend support to keep up with competitors such as Purple Trading.

AximTrade Review


AximTrade is a forex broker that offers competitive trading conditions, a choice of account types, a low minimum deposit requirement, and the user-friendly MT4 interface for convenient trading on all of your devices. When compared to other brokers who provide hundreds of instruments in numerous asset classes, the number of trading instruments offered is minimal. There are no available instructional resources or market analysis and news. Furthermore, the broker’s website does not have a phone number for customer support and payment options are limited compared to other trading brokers. They also cannot accept clients from a number of countries due to regulations, including the UK and USA. Overall, I think there are better options out there which you can find via our broker ratings.

Everything that you find on is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

AximTrade Review


When was AximTrade founded?

AximTrade was founded in 2020.

Where is AximTrade located?

AximTrade is located in St. Vincent and Grenadines.

Is AximTrade regulated?

AximTrade is regulated by ASIC, SVG FSA, BVI, and FSC.

What trading instruments does AximTrade offer?

AximTrade offers over 100 trading instruments in Forex, Commodities, Indices, and Cryptocurrencies.

What is AximTrade’s minimum deposit?

AximTrade requires a minimum deposit of $1.

What trading platforms does AximTrade offer?

AximTrade offers MT4 trading platforms on multiple devices and environments.

What is AximTrade’s commission fee?

AximTrade offers commission-free accounts. In addition, on ECN accounts, the commission fee starts from $3 per standard lot per round.

Does AximTrade charge an inactivity fee?

AximTrade does not charge an inactivity fee from its clients.

What are AximTrade’s spreads?

AximTrade offers variable spreads starting from as low as 0.0 pip for ECN and 1.0 pip for standard accounts.

What funding options does AximTrade offer?

AximTrade offers wire transfer, e-wallets, and crypto as payment methods.

Does AximTrade offer demo trading?

Yes, AximTrade offers demo trading.

Does AximTrade offer Islamic accounts?

No, AximTrade does not offer Swap-free Islamic accounts.

How do I contact AximTrade customer support?

AximTrade’s customer support can be reached 24/5 via live chat and email.
AximTrade Review
AximTrade Review
Minimum Deposit: $1
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