AximTrade Review 2023


AximTrade Review 2023AximTrade Review 2023

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AximTrade is duly regulated by the ASIC and SVGFSA. AximTrade has built a good name globally thanks to unparalleled services, cutting-edge solutions, and highly competitive trading conditions. AximTrade has won four Global Forex Awards 2021. It is also the official partner of Alfa Romeo F1 Team ORLEN 2022. With AximTrade, customers can operate in a friendly environment and get access to trade currency pairs, indices, stocks, cryptocurrencies, oil and gold.To get more news about aximtrade review, you can visit wikifx.com official website.

AximTrade has been operating independently since 2020, but its parent company has been operating since 2010. The young broker already has 4 international awards and serves over 300,000 traders from Asia and Europe. However, AximTrade does not cooperate with traders from the USA, Great Britain, Canada, and the countries of the European Union. The list of unsupported jurisdictions is in the footer of the official website.  Any client of the broker can have up to 15 active trading accounts: up to 7 standard, 5 ECN, 2 cent and 1 infinite accounts to trade. It should also be remembered that a trader registered here can simultaneously hold no more than 200 positions open, including pending orders. The average order execution speed is 0.004 of a second. AximTrade allows scalping on all types of accounts, but the minimum time for holding a position open cannot be less than 30 seconds.

The company has some disadvantages. AximTrade offers weekly insights, market analysis as well as educational articles. The broker launched a multi-level free online forex course to help traders from all levels sharpen their trading skills. AximTrade representatives cannot be contacted by phone and the support team only answers general questions about terms and services. The only way to get a detailed answer is to send a question to the company's email, but you will have to wait for the response from 1 to 3 business days. The AximTrade broker allows all traders to earn passive income, regardless of their trading experience. Newcomers to the Forex market and market participants who do not want to trade on their own may copy trades of successful AximTrade clients through the Copy Trade service. Experienced traders with effective trading can earn additional income for broadcasting their own strategies.

To become a passive investor at AximTrade, you must open any type of trading account and make a minimum deposit. Then, in the Copy Trade personal account menu, you need to select a money manager, whose trades will be copied to the investor's account. The main distinguishing features of the copy trading service from AximTrade are:

The AximTrade broker allows you to make trades with currencies and CFDs from ECN, standard, and cent accounts. The only available trading terminal is the MetaTrader 4. You can replenish the balance and withdraw funds using bank transfers, EPS, and USDT (ERC20); however, soon clients will be able to use cards and BitCoin to make payments. Demo analogs of standard and ECN accounts are available. Muslim traders can open swap-free (Islamic Accounts).

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