AximTrade Review: $20 Bonus, Regulation, Spreads & Leverage
ECN/STP broker based in Saint Vincent and the Grenadines with MetaTrader 4, a $1 minimum deposit and leverage up to up to 1:3000.
- ECN/STP
- $20 Bonus
- up to 1:3000 Leverage
Your money is at risk
In this AximTrade review
AximTrade overview: what kind of broker is it?
AximTrade is an ECN/STP forex and CFD broker based in Saint Vincent and the Grenadines, founded in 2010. Registered by the Financial Services Authority of Saint Vincent and the Grenadines.
Traders get MetaTrader 4, spreads from 0.0 pips, leverage up to up to 1:3000 and a low $1 minimum deposit. New clients can also check the current Earn Rebates Bonus up to $20.
Tradable markets include Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures.
AximTrade broker specifications
Company and regulation
| Broker | AximTrade |
|---|---|
| Regulated by | Registered by the Financial Services Authority of Saint Vincent and the Grenadines |
| Type of broker | ECN/STP |
| Country | Saint Vincent and the Grenadines |
| Foundation year | 2010 |
| Website | Visit AximTrade website |
| Website languages | English, Chinese, Indonesian, Malay, Thai, Arabic |
Trading conditions
| Minimum deposit | $1 |
|---|---|
| Maximum leverage | up to 1:3000 |
| Minimum spreads | 0.0 pips |
| Base currencies | USD, EUR, GBP, JPY, CHF AUD, HUF, PLN, RUB, SGD, ZAR |
| Tradable instruments | Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | Earn Rebates Bonus up to $20 |
|---|---|
| Welcome bonus | 100% Forex Welcome Bonus |
| Standard no deposit bonus | $55 Start-up Forex No Deposit Bonus |
Contact details
| Telephone | No |
|---|---|
| support@aximtrade.com | |
| Fax | Not available |
| Head office | First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines. |
AximTrade $20 bonus
AximTrade promotes a $20 bonus for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the AximTrade bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the $20 bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the AximTrade website before you claim.
AximTrade pros and cons
Pros
- Regulated: Registered by the Financial Services Authority of Saint V…
- $20 bonus for new traders
- Low $1 minimum deposit
- Spreads from 0.0 pips, ECN/STP execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
Cons
- Offshore licence only, no EU or UK regulator
- up to 1:3000 leverage can wipe out an account fast
- Bonus comes with trading-volume rules
AximTrade account types
AximTrade offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $1 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
AximTrade trading platforms
AximTrade runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
AximTrade deposit and withdrawal methods
The same 4 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is AximTrade safe and legit?
AximTrade is a regulated broker. Registered by the Financial Services Authority of Saint Vincent and the Grenadines. The broker says client money is kept in segregated accounts, separate from company funds.
Keep in mind that this is an offshore regulator. It does not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC. That is why AximTrade can offer leverage as high as up to 1:3000.
Our verdict on safety
AximTrade is a legitimate licensed broker, but best for traders who understand offshore risk. Start small, test a withdrawal early and use sensible leverage.
About AximTrade
Some news
Who should choose AximTrade?
Good fit for
- Traders who want MT4 and raw spreads
- Bonus hunters testing a new broker with $20
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
- You need FCA, ASIC or CySEC protection
- You are new and tempted by very high leverage
AximTrade FAQ
Is AximTrade regulated?
Yes. Registered by the Financial Services Authority of Saint Vincent and the Grenadines. It is an offshore licence, so investor protection is lighter than with EU or UK regulators.
What is the AximTrade minimum deposit?
The minimum deposit to open a live AximTrade account is $1.
Does AximTrade offer a $20 bonus?
AximTrade currently promotes a Earn Rebates Bonus up to $20 for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at AximTrade?
Leverage goes up to up to 1:3000. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does AximTrade use?
AximTrade uses MetaTrader4 (MT4), Web Platform and Mobile.
Does AximTrade offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at AximTrade?
You can use Wire Transfer, Credit Card, Neteller and Skrill.