AximTrade Journal

Journal status: live
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AximTrade Profile
Year
2010
Country
BVI
Branches
1
Regulation
FSC BVI
Registration
NFA US
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Ethiopia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iran, Iraq, Ireland, Israel, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, New Zealand, North Korea, Palestine, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Syria, UAE, UK, US, Yemen
Broker type
MM, DMA, ECN marketing
Dealing book
B-book, A-book
Tier
3
Execution speed
4 ms
LPs total
...
LPs quality
not disclosed
LPs names
not disclosed

AximTrade Accounts
MM
ECN
Minimum Deposit
1 $
50 $
Leverage
3000 : 1
1000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
50 lots
50 lots
Margin Call
60 %
60 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, WeChat, China UnionPay, Bitcoin
Base currency
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is AximTrade safe?

  • Investor protection: no
  • Regulation: FSC BVI
  • Registration: NFA US
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is AximTrade trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • AximTrade website: highly detailed, updated ★★★★★
  • AximTrade popularity (by visitor count): average ★★★

How AximTrade works

As a CFD and spot forex market maker AximTrade may have access to information that is not available to you, may have acquired trading positions at prices that are not available to you, and may have interests different from your interest.

3.14.In order to maintain the adequate capacity of the AximTrade trading platforms, you agree that you will not enter into any Transactions on our platforms which fall within our definition of Scalping. AximTrade defines scalping as a trading strategy whereby profits are returned by taking advantage of internet latencies, delayed prices caused by technical issues or other conditions, or where both buy and sell orders are entered at, or nearly at the same time (minimum of 30 seconds is required per opened order). Scalping is considered a serious breach of our Terms and Conditions, and as such, AximTrade may in its absolute discretion close out, replace, reverse any Transactions or close out the Account with immediate effect.

https://media.aximtrade.com/static/terms-condition/en/trading_client_agreement_v2.3.pdf

Comments

Lex

One of the best broker so far. I have no issue with axim

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