What Account Types and Fees Does Auxiliumfx Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Low minimum deposit, no commission |
Suitable for those testing trading strategies |
| Pro Account |
Intermediate Traders |
Reduced spreads, no commission |
Ideal for traders with moderate experience |
| ECN Account |
Professional Traders |
Tight spreads starting from 0.1 pips, low commission |
Requires higher trading volume, suitable for active traders |
| Elite Account |
Advanced Traders |
Zero spreads, higher commission |
Requires substantial capital, tailored for high-frequency traders |
Account Opening Process
To open an account with Auxiliumfx, potential clients must follow a straightforward process. First, they need to provide personal information, including their name, contact details, and country of residence. Next, employment details and financial information, such as income and trading experience, are required. Identity verification is essential, which includes submitting a government-issued ID and proof of address. Once the account is verified, users can choose to upgrade to a professional account later if their trading volume qualifies them. This flexibility allows traders to adapt their account type as their trading journey evolves.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (Pro Account), $6 (ECN), $20 (Elite) |
Tight spreads for major pairs |
| CFDs (Stock Indices) |
1.5 |
$0 |
Fixed spreads for major indices |
| Commodities (Gold) |
1.0 |
$0 |
Standard commission applies |
| Cryptocurrencies (BTC/USD) |
1.5% |
$0.1 |
Varies based on market conditions |
Other Fees
Traders should be aware of various additional costs associated with their accounts. These may include deposit and withdrawal fees, which can vary depending on the method used. Inactivity fees may apply if no trading activity occurs for an extended period. Some platforms may impose usage fees, while overnight interest (swap rates) can affect positions held overnight. Currency conversion fees may also be applicable for transactions that involve different currencies.
