AximTrade Review

Minimum Deposit: $1 VISIT BROKER
Forex and CFD trading involves high level of risk to your invested capital.

AximTrade is an online retail forex and CFDs 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 such as ASIC and also regulated by SVG FSA, BVI, and FSC. In addition, negative balance protection and segregated accounts also provide traders a feasible environment in terms of the safety of their funds with the broker.

AximTrade offers a wide 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, ECN accounts and unlimited accounts also provide traders with ideal conditions to suit their needs. The broker provides access to the well-known MetaTrader 4 (MT4) on desktop and mobile devices.

AximTrade has a nice collection of educational and research tools for its clients. Tools like copy trading help investors to copy professional traders’ portfolios.

7.3Expert Score
AximTrade Rating

AximTrade is an online financial services business that offers forex, cryptos, indices, and precious metals for trading online via the MetaTrader 4 trading platforms for desktop, web and mobile.

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

AximTrade Review

Pros and Cons

AximTrade is a well-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 spreads accounts for day traders. AximTrade offers tight spreads and low commissions on trading a variety of trading instruments in currencies, CFDs, and cryptocurrencies and allows all types of trading such as scalping, hedging, and automated trading with EAs. Moreover, AximTrade provides cash rebates. 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 MT4. There are deposit fees on cryptos and withdrawal fees on cryptos, and some electronic payment methods. In addition, the broker requires a minimum deposit of $1 to open an account. 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

Investment Products

AximTrade has a good 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.

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.

  • The clients can open Standard or Cent accounts to enjoy commission-free trading with tight spreads starting from 1.0 pip.
  • In addition, AximTrade offers ECN accounts with spreads as low as 0.0 pip and low commission starting from $3 per standard lot per side.
  • The clients can also avail Infinite accounts to use infinite leverage with zero commissions and spreads starting from 3.0 pip.
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.

AximTrade Review

Platforms and Tools

AximTrade provides its clients with a 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 successful traders’ portfolios with AximTrade. Let’s have a look at the trading platform and tools provided by AximTrade.

AximTrade MT4 Platforms

MetaTrader 4 (MT4) Desktop

MetaTrader 4 or MT4 is a free forex trading platform that includes currency pairings as well as other financial products such as CFDs, indices, futures, commodities, and even 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 with ease and pleasure. This Forex software is simple to use for traders of all levels.

MetaTrader 4 was created to enable all currency crossings as well as the ability to trade other markets such as commodities, trading cryptocurrencies, futures, and stocks. It also has extensive customization tools, allowing you to customise the platform to your trade needs. Not to mention that enhanced charting allows traders to trade while also analysing the technical features of the market.

MT4 is a very user-friendly tool for both traders and investors to execute and monitor market positions. MetaTrader 4 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 MetaTrader 4 platform provides real-time access to market pricing and liquidity. Traders may see all data, including the spread, contract size, margin currency, and margin percentage. With a collection of in-built technical indicators and charting tools, MT4 offers a comprehensive range of instruments for price analysis.

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 forex 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

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.

AximTrade Review MT4 App
AximTrade Review MT4 App


With an infinite number 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.

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.

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.


There are video tutorials of trading platforms, trading activity, and COPYTRADE.


During seminars, you will 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 the greatest trading methods and instruments. 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.

Economic Calendar

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.

AximTrade Research and Education Summary

Market Analysisx
Trading Centralx
Economic Calendar
AximTrade Resources

AximTrade Review

Deposit and Withdrawal

AximTrade offers multiple 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.

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.

AximTrade Review


AximTrade is a forex broker that offers competitive trading conditions, a choice of account types, a low minimum deposit requirement, and a user-friendly MT4 interface for many 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/news. Furthermore, the broker’s website does not have a phone number for customer support and payment options are limited compared to other investing brokers. They also cannot accept clients from a number of countries due to regulations, including the UK and USA.

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 investing platforms does AximTrade offer?

AximTrade offers MT4 investing 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
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.