Question: How to signup & open an account with Axi?
Axi is a globally recognized broker that offers a variety of trading accounts to cater to different types of traders, from beginners to professionals. This article will guide you through the process of opening an account with Axi, highlighting the different account types available, and providing step-by-step instructions on how to sign up.
Account Types at Axi
Axi offers three main types of trading accounts, each designed to meet specific trader needs based on trading style, experience level, and investment capacity:
- Standard Account
- Ideal for beginners with no minimum deposit, no commission, and spreads starting from 0.9 pips.
- Pro Account
- Suitable for experienced traders looking for tighter spreads starting from 0.0 pips and a commission of $7 per round trip.
- Elite Account
- Tailored for high-volume traders, this account offers spreads from 0.0 pips, a lower commission of $3.50 per round trip, and a minimum deposit of USD 25,000.
All accounts come with access to MT4 NexGen, mobile trading, and support for automated trading with Expert Advisors (EAs).
Account Type | Standard Account | Pro Account | Elite Account |
---|---|---|---|
Setup cost | Free | Free | Free |
Spreads | From 0.9 pips | From 0.0 pips | From 0.0 pips |
Commission | None | $7 round trip (USD) | $3.50 round trip (USD) |
Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
Minimum deposit | $0 | $0 | USD 25,000 |
Products | 140+ FX pairs, Metals CFDs | 140+ FX pairs, Metals CFDs | 140+ FX pairs, Metals CFDs |
Pricing | 5 digit pricing | 5 digit pricing | 5 digit pricing |
Mobile trading | Yes | Yes | Yes |
MT4 NexGen | Yes | Yes | Yes |
Margin/Leverage | Up to 500:1 | Up to 500:1 | Up to 500:1 |
Base account currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, GBP, AUD |
EA compatibility | Yes | Yes | Yes |
VPS | Free** | Free** | Free** |
Autochartist | Free | Free | Free |
Sign up | Open Standard Account | Open Pro Account | Open Elite Account |
Step-by-Step Guide to Opening an Account
- Step 1: Choose Your Account Type – Before signing up, decide which account type best suits your trading needs. Each account offers different features such as leverage options, base currencies, and access to trading products like FX pairs and metals CFDs.
- Step 2: Visit the Axi Website – Go to the Axi website and navigate to the account registration page. You can find direct links to open Standard, Pro, or Elite accounts:
- Standard Account: Open Standard Account
- Pro Account: Open Pro Account
- Elite Account: Open Elite Account
- Step 3: Fill Out the Registration Form – Complete the online form with your personal details, contact information, and financial experience. This information helps Axi tailor services to your profile and ensure compliance with financial regulations.
- Step 4: Verify Your Identity – As part of regulatory requirements, you will need to verify your identity and residency. This can typically be done by uploading a government-issued ID and a recent utility bill or bank statement.
- Step 5: Fund Your Account – Once your account is set up and verified, you can fund it using one of the several payment methods offered by Axi, including bank transfers, credit cards, and e-wallets. Remember, the Elite account requires a minimum deposit of USD 25,000.
- Step 6: Download Trading Platform – Download the MT4 trading platform, available for both desktop and mobile devices, to access the markets. Axi also provides a WebTrader option for browser-based trading.
- Step 7: Start Trading – With your account funded and the trading platform installed, you’re ready to start trading. Axi offers a range of markets including forex, shares, indices, commodities, and cryptocurrencies.
Additional Features and Support
Axi prides itself on providing additional features and support to enhance your trading experience:
- Educational Resources: Access a wealth of educational materials, including webinars, tutorials, and articles, to improve your trading skills.
- Customer Support: Axi’s customer service is available 24/5 to assist with any inquiries. They provide multilingual support in 14 languages.
- Demo Account: New traders can benefit from a demo account loaded with US$50,000 of virtual funds to practice trading without risk.
Opening an account with Axi is a straightforward process that provides traders with access to a wide range of financial instruments and powerful trading tools. Whether you are new to trading or an experienced trader, Axi offers an account type and the resources to help you succeed in the financial markets.