What Account Types and Fees Does Axen Capital Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Accessible minimum deposit |
Suitable for small-capital practice |
| ECN Zero Commission |
Experienced Traders |
No commission on trades |
Requires a minimum deposit of $500 |
| ECN Standard |
New Traders |
Small spreads with low commission |
Requires a minimum deposit of $1,000 |
| ECN Business |
Traders needing advanced tools |
Raw spreads and higher leverage |
Requires a minimum deposit of $2,500 |
| ECN Professional |
High-volume Traders |
Improved market conditions |
Requires a minimum deposit of $5,000 |
Account Opening Process
To open an account with Axen Capital, prospective clients must follow several steps. First, visit the official Axen Capital website to access the registration form. Fill out the form with required personal information, including identification and contact details. After completing the form, clients must accept the terms of the public offer. Next, submit supporting documents for identity verification, such as an ID and proof of address. Upon approval, clients will need to make the minimum deposit required for their chosen account type. Once the account is set up and funded, users will gain access to the trading platforms available for trading. There is flexibility in account types; clients can upgrade to a professional account if their trading needs change.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
Varies |
Tight spreads available |
| CFDs (Stocks, Indices, Commodities) |
Varies |
Varies |
Dependent on market conditions |
| Cryptocurrencies |
Varies |
Varies |
Market volatility may affect fees |
Other Fees
Clients should be aware of additional fees that may apply when trading with Axen Capital. These include potential deposit and withdrawal fees, which can vary based on the chosen payment method. Inactivity fees may apply if an account remains dormant for an extended period. Additionally, platform usage fees may be relevant for certain trading tools or services. Overnight interest (swap rates) could also impact trading costs, as well as currency conversion fees for transactions involving different currencies.
