What Account Types and Fees Does Axiance Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginner traders |
Low minimum deposit, entry-level trading conditions |
Suitable for small-capital practice |
| Premium Account |
Experienced traders |
Tight spreads, enhanced trading conditions |
Requires higher trading volume |
| VIP Account |
Professional traders |
Custom services, low spreads with commission |
Requires significant capital and trading experience |
| Demo Account |
All traders |
No financial risk, practice trading |
Available for all user groups |
Account Opening Process
To open an account with Axiance, prospective clients must follow several steps. Initially, they will need to submit personal details, including identity verification documents such as an ID and proof of address. Additionally, employment and financial information must be provided to assess suitability for trading. The process is designed to ensure that all client accounts meet regulatory standards. It is also important to note that there is flexibility in account types, allowing users to upgrade to a professional account later if their trading needs evolve.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
1.0 |
$0 (Premium: $3.5/lot) |
Tight spreads for majors |
| Forex (Major pairs) |
0.8 |
$0 (VIP: $4/lot) |
Competitive spreads for frequent traders |
| CFDs (Stocks, Indices) |
1.0 |
$0 |
Varies by instrument |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Axiance maintains a transparent fee structure. There are no deposit fees for various methods, including credit cards and e-wallets, while withdrawals also do not incur fees, with a minimum withdrawal amount in place. Additionally, clients should be aware of potential inactivity fees after a certain period of account dormancy. Overnight interest may apply to positions held beyond the trading day, commonly known as swap rates, and currency conversion fees could be applicable when trading different currency pairs.
