Axiance-Overview of Minimum Deposit, Leverage & Spreads

Axiance Information

Axiance is a multi-asset CFD broker that works in Seychelles and Mauritius under the names Aerarium Limited and Aurum Capital. The company has more than 300 CFD instruments, such as more than 50 forex pairs, equities, commodities, indices, cryptocurrencies, and futures. Clients can trade using MetaTrader 4/5 or the broker's own mobile app. The maximum leverage is 1:500 and the minimum deposit is $100. However, it does not provide services for residents from certain areas.

Pros and Cons

Is Axiance Legit?

What Can I Trade on Axiance?

Axiance offers CFD trading on over 300 instruments: more than 50 forex pairs, commodities (metals & energy), major stock indices, shares, cryptocurrencies and futures.

Account Types

Axiance offers three active accounts: Standard, Premium, and VIP. It also offers a demo account, but it doesn't say anything about an Islamic (swap-free) alternative.

Leverage

Axiance gives Standard, Premium, and VIP accounts leverage of up to 1:500. High leverage can make returns bigger, but it also makes risks much bigger.

Axiance Fees

The costs of trading are in the middle range. Standard Account spreads start at 1.2 pips, Premium at 0.8 pips, and VIP spreads can be 0 pips but carry a commission of $4 per lot. As for forex trading, the spread for EUR/USD is 1 pips.

Trading Platform

Deposit and Withdrawal

Axiance doesn't charge any deposit fees and accepts credit and debit cards, eWallets, and bank transfers. You can process deposits in real time, with a limit of 30,000 currency units per transaction. There are no fees for withdrawals, but you must take out at least 50 units.