About the Cent account of Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices (MetaTrader 4/No Dealing Desk (NDD)) offered by AximTrade.
Type and Conditions
AximTrade does not provide services for the residents of certain countries, such as the Canada, Ethiopia, European Union, Gibraltar, Iran, Israel, New Zealand, North Korea, Palestine, Philippines, Syria, United Kingdom, United States of America, Yemen and Singapore.
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General Trading Conditions
By opening an Cent account with AximTrade, you can trade Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices through MetaTrader 4 trading platform.
Mainly AximTrade Cent account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:2,000, spread is Floating from 1 pips.
Available Base Currencies
The account bsse currency is only available in AUD (Australian Dollar), CHF (Swiss Franc), EUR (Euro), GBP (British Pound), HUF (Hungary Forint), JPY (Japanese Yen), PLN (Poland Zloty), RUB (Russian Ruble), SGD (Singapore Dollar), USD (US Dollar), ZAR (South African Rand).
Negative Balance Protection
AximTrade adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Cent account, Margin call is 60% and Stop out is set to 30%, so all your positions will be automatically closed when the margin level reaches down to 30%.
Allow Trading Strategies
AximTrade allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Cent account.
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AximTrade Trading Accounts Comparison
Here are the details of all Forex trading accounts of AximTrade.