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Types of Bank Accounts

axi account types

Select your preferred payment method to deposit funds into your trading account. Axi offers a number of different payment providers including Visa, Bank Transfer and Bank Wire. Some of them offer a low or no fee option, so you’ll have more left to trade with. Discover the differences between accounts and find the axi review account setup that is right for you. Compare live forex spreads, commission and access to trading tools between our Standard and Pro accounts. Before choosing an account type, you might want to consider things like how often you trade, the size of your investment portfolio, and your level of trading experience.

Chase Private Client

Selecting bank accounts that fit your individual needs may help you to better meet your personal financial goals. Checking accounts are designed for everyday use and common financial needs. Money market accounts and CDs may be ideal when improving savings is a priority.

Open an Axi Elite account today

Financial institutions offer different interest rates, but the rate on a single CD is often affected by the principal deposit and term length. A certificate of deposit (CD) is often considered an alternative to a savings account. A CD is not an account for regular deposits, withdrawals and transfers. The principal balance and term length are customizable based on specific savings goals. The content is quite thin yet it can prove to be useful for complete beginners with no experience in the financial markets. Any client unable to maintain the minimum account balance of USD $25,000 will be given a 15 day grace period to raise the balance to the required level.

Compare Trading Instruments

Axi offers dynamic spreads in all their accounts (meaning that they constantly change) yet they do adjust their base offer depending on the account type a trader opens. Axi offers numerous account types, but not all of them may suit your style. All services are provided on an execution-only basis and no communication should be construed as a recommendation to buy, hold or sell any of the financial products issued by AxiCorp.

What types of trading accounts are available at Axi?

Being an Axi Elite account holder means more than just better value trading. You’ll also enjoy a host of premium features including exclusive market analysis, indicators and a complimentary MT4 Forex VPS hosting service. The minimum deposit amount required to register an Axi account will range from $0 USD – $25’000 USD.

axi account types

With Chase for Business you’ll receive guidance from a team of business professionals who specialize in helping improve cash flow, providing credit solutions, and managing payroll. Choose from business checking, business credit cards, merchant services or visit our business resource center. On the other hand, if you’re looking for a variety of trading platforms and assets such as stocks, ETFs or cryptocurrencies, Axi will definitely fall short to your expectations. The best part is that upon reviewing the platform, trading data was 100% open instead of being restricted to a few percentages like most copy or social trading platforms provide.

axi account types

Contact us 24 hours a day, 5 days a weekBefore you apply, it is important that you read our Client Agreement. Investing in CFDs carries significant risks and is not suitable for all investors. You do not own, or have any interest in, the underlying assets.We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.

Axi does not consider your financial objectives or personal circumstances. AxiCorp does not consider your financial objectives or personal circumstances. For a complete overview of all fees and charges, as well as share CFDs and their active time zones, view our product schedule.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.

Our suite of security features can help you protect your info, money and give you peace of mind. See how we’re dedicated to helping protect you, your accounts and your loved ones from financial abuse. Also, learn about the common tricks scammers are using to help you stay one step ahead of them. If you see unauthorized charges or believe your account was compromised contact us right away to report fraud.

Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. Therefore the client money rules do not apply to the business currently undertaken by AxiCorp Financial Services Pty https://forexarena.net/ Ltd (DIFC Branch). We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Axi (formerly AxiTrader) is a trustworthy, established broker with competitive trading conditions. A relatively high level of leverage, alongside competitive commission, ensures Axi is a good value site to trade with.

  • In comparison, the pro account charges a $7 USD round trip commission but spreads start from 0.0 pips.
  • This terminal complements MT4 while providing additional functionality, such as enhanced order functionality and sentiment trading.
  • Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.
  • Since December 1, 2021, Axi has been charging an inactivity fee of $10 for clients who have been inactive for at least 12 months.
  • With zero commission fees at the deposit and withdrawal stage, plus access to over 30 trading products, it is an excellent tool, especially for beginners.
  • The Client Services Team will assist applicants through the process of opening an Axi Islamic, Swap-Free account.

Axi’s Pro account is definitely at the same level as most of their similar competitors. The real strong advantage is their Elite account which definitely outranks any other FX commission offer out there with a $3.5 per lot round turn offer. The only issue is of course, being able to afford the $25,000 minimum deposit to get such conditions and also being an eligible professional client if you’re located in Europe. Axi does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. Axi is a trusted brokerage firm that offers its services to over 60’000 traders across 100+ countries worldwide.

Compare the Standard, Pro, and Elite account types to uncover differences in live forex spreads and leverage. Axi provides five different account types, Standard, Pro, Elite, Islamic Swap-Free, and Risk-Free Demo trading accounts. The minimum deposit amount required to register an Axi live trading account ranges from $0 USD – $25’000 USD. Axi provides five different account types, Standard, Pro, Elite, Islamic Swap-Free, and Risk-Free Demo trading accounts.

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