What Account Types and Fees Does AXA Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, access to advanced trading tools |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients |
Customizable services tailored for businesses |
Requires corporate documentation |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free trading conditions |
Available upon request with verification |
| Demo Account |
All traders |
Practice trading without financial risk |
Limited to a certain time frame |
Account Opening Process
To open an account with AXA, you need to follow a systematic process. Begin by submitting your personal information, including your name, contact details, and date of birth. Next, provide employment details and financial information to help assess your trading profile. You will also need to complete identity verification by submitting a government-issued ID and proof of address, such as a utility bill. It’s important to note that you can upgrade to a professional account later if your trading needs evolve.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for GBP pairs |
| CFDs (Stocks) |
0.1% |
$5 per lot |
Varies by stock |
| CFDs (Indices) |
0.5% |
$3 per lot |
Includes major global indices |
| CFDs (Commodities) |
0.3% |
$4 per lot |
Focus on oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
AXA also has several other fees that traders should be aware of. These include deposit and withdrawal fees that may apply depending on the payment method chosen. Inactivity fees may be charged if the account is dormant for an extended period. If applicable, platform usage fees will be outlined during the account setup. Additionally, overnight interest (swap rates) may be applied on positions held beyond the trading day, and currency conversion fees may apply for transactions in different currencies.
