AXIORY offers a wide variety of account types to meet the diverse needs of traders
However, with so many different account types available, many people may be wondering, "Which account is ultimately best for me?"
This article compares all six account types offered by AXIORY and explains the features of each .
also explain who each account type is best suited for and what to be aware of regarding each account type , so please use this as a reference.
Contents
- 1 Comparison of AXIORY's various account types
- 2 Features of each AXIORY account type
- 3 Differences between AXIORY's various account types
- 4 Who is each AXIORY account type recommended for?
- 5 AXIORY Account Type Verification Procedure
- 6 AXIORY Account Type Change Procedure
- 7 Points to note regarding AXIORY account types
- 8 Frequently Asked Questions about AXIORY Account Types
- 9 [Summary] AXIORY Account Types
Comparison of AXIORY's various account types
AXIORY offers multiple account types to meet the diverse needs of traders
There are six types of accounts: "Zero Account," "Max Account," "Standard Account," "Nano Account," "Tera Account," and "Alpha Account."
AXIORY account types differ in trading methods, trading costs, maximum leverage, and other aspects.
The following table compares the features of each account type
| Account type | Zero Account | Max Account | Standard Account | Nano Account | Terra account | Alpha Account |
|---|---|---|---|---|---|---|
| Transaction method | ECN method | STP method | STP method | ECN method | ECN method | ECN method |
| Maximum leverage | 1,000 times | 2,000 times | 1,000 times | 1,000 times | 1,000 times | 1x |
| Transaction fees | price : $8.70 | none | none | Yes, round trip is $6 (per lot). | Yes, round trip is $6 (per lot). | Available from $1.50 |
| spread | narrow | usually | usually | narrow | narrow | narrow |
| Account currency | EURUSD JPY | EURUSD JPY | EURUSD JPY | EURUSD JPY | EURUSD JPY | EURUSD JPY |
| Zero-cut guarantee | Applicable | Applicable | Applicable | Applicable | Applicable | – |
| Minimum trading quantity (lot) | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 1 |
| Maximum order lot size (1 position) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 100,000 |
| Trading unit | 1 lot = 100,000 | 1 lot = 100,000 | 1 lot = 100,000 | 1 lot = 100,000 | 1 lot = 100,000 | – |
| Maximum holding position | No restrictions | No restrictions | No restrictions | No restrictions | No restrictions | No restrictions |
| Compatible products | - Some FX products and soft commodity CFDs | FX , stock CFDs , stock index CFDs , energy CFDs , precious metals CFDs , soft commodity CFDs | FX , stock CFDs , stock index CFDs , energy CFDs , precious metals CFDs , soft commodity CFDs | FX , Stock CFDs , Stock Index CFDs , Energy CFDs , Precious Metals CFDs , Soft Commodity CFDs , Battle CFDs | FX , Japanese stock CFDs , stock CFDs , stock index CFDs , energy CFDs , precious metals CFDs , soft commodity CFDs , battle CFDs | • Physical stocks and ETFs |
| platform | MT4 MT5 cTrader | MT4 cTrader | MT4 cTrader | MT4 cTrader | MT5 | MT5 |
Use this information to choose an account that suits your trading style
Features of each AXIORY account type
Here, we will explain the features of the following six account types offered by AXIORY
AXIORY offers a wide variety of account types, so it's important to understand the features of each
Please review the following information to help you choose an account
Zero Account
Zero Account employs an ECN (Electronic Communication Network) system that offers narrow spreads and provides a highly transparent trading environment directly connected to the market
The features of a zero-account are shown in the table below
| Account type | Zero Account |
|---|---|
| Transaction method | ECN method |
| Maximum leverage | 1,000 times |
| Transaction fees | price : $8.70 |
| spread | narrow |
| Account currency | EURUSD JPY |
| Zero-cut guarantee | Applicable |
| Minimum trading quantity (lot) | 0.01 |
| Maximum order lot size (1 position) | 1,000 |
| Trading unit | 1 lot = 100,000 |
| Maximum holding position | No restrictions |
| Compatible products | - Some FX products and soft commodity CFDs |
| platform | MT4 MT5 cTrader |
The Zero account recommended for scalpers and day traders who want to minimize trading costs .
Max Account
The Max account is characterized by its high leverage of up to 2000 times, which is among the highest leverage options offered by AXIORY
The features of the Max account are shown in the table below
| Account type | Max Account |
|---|---|
| Transaction method | STP method |
| Maximum leverage | 2,000 times |
| Transaction fees | none |
| spread | usually |
| Account currency | EURUSD JPY |
| Zero-cut guarantee | Applicable |
| Minimum trading quantity (lot) | 0.01 |
| Maximum order lot size (1 position) | 1,000 |
| Trading unit | 1 lot = 100,000 |
| Maximum holding position | No restrictions |
| Compatible products | FX , stock CFDs , stock index CFDs , energy CFDs , precious metals CFDs , soft commodity CFDs |
| platform | MT4 cTrader |
The Max account offers commission-free trading recommended for traders who want to take large positions with a small amount of margin, or those who want to trade with high leverage .
Standard Account
The Standard account is the most common account type at AXIORY, and its appeal lies in its simple cost structure with no trading fees
The features of the Standard account are shown in the table below
| Account type | Standard Account |
|---|---|
| Transaction method | STP method |
| Maximum leverage | 1,000 times |
| Transaction fees | none |
| spread | usually |
| Account currency | EURUSD JPY |
| Zero-cut guarantee | Applicable |
| Minimum trading quantity (lot) | 0.01 |
| Maximum order lot size (1 position) | 1,000 |
| Trading unit | 1 lot = 100,000 |
| Maximum holding position | No restrictions |
| Compatible products | FX , stock CFDs , stock index CFDs , energy CFDs , precious metals CFDs , soft commodity CFDs |
| platform | MT4 cTrader |
The Standard account offers a stable trading environment with average spreads and is used by a wide range of traders, from beginners to experienced FX traders.
Nano Account
The Nano account, like the Zero account, uses the ECN method and offers narrow spreads
The features of the Nano account are shown in the table below
| Account type | Nano Account |
|---|---|
| Transaction method | ECN method |
| Maximum leverage | 1,000 times |
| Transaction fees | Yes, round trip is $6 (per lot). |
| spread | narrow |
| Account currency | EURUSD JPY |
| Zero-cut guarantee | Applicable |
| Minimum trading quantity (lot) | 0.01 |
| Maximum order lot size (1 position) | 1,000 |
| Trading unit | 1 lot = 100,000 |
| Maximum holding position | No restrictions |
| Compatible products | FX , Stock CFDs , Stock Index CFDs , Energy CFDs , Precious Metals CFDs , Soft Commodity CFDs , Battle CFDs |
| platform | MT4 cTrader |
The Nano account recommended for traders who prioritize narrow spreads and fast trading speeds .
Terra account
Terra accounts are ECN accounts designed for traders who engage in short-term trading such as scalping
The features of a Terra account are shown in the table below
| Account type | Terra account |
|---|---|
| Transaction method | ECN method |
| Maximum leverage | 1,000 times |
| Transaction fees | Yes, round trip is $6 (per lot). |
| spread | narrow |
| Account currency | EURUSD JPY |
| Zero-cut guarantee | Applicable |
| Minimum trading quantity (lot) | 0.01 |
| Maximum order lot size (1 position) | 1,000 |
| Trading unit | 1 lot = 100,000 |
| Maximum holding position | No restrictions |
| Compatible products | FX , Japanese stock CFDs , stock CFDs , stock index CFDs , energy CFDs , precious metals CFDs , soft commodity CFDs , battle CFDs |
| platform | MT5 |
Terra accounts offer low-spread trading through the ECN (Electronic Communication Network) system
this account type is recommended for traders who want to keep their total trading costs low, even when considering transaction fees .
Alpha Account
The Alpha account allows investment in a variety of asset classes, including FX currency pairs, CFD products, as well as physical stocks and NFT trading
The features of the Alpha account are shown in the table below
| Account type | Alpha Account |
|---|---|
| Transaction method | ECN method |
| Maximum leverage | 1x |
| Transaction fees | Available from $1.50 |
| spread | narrow |
| Account currency | EURUSD JPY |
| Zero-cut guarantee | – |
| Minimum trading quantity (lot) | 1 |
| Maximum order lot size (1 position) | 100,000 |
| Trading unit | – |
| Maximum holding position | No restrictions |
| Compatible products | • Physical stocks and ETFs |
| platform | MT5 |
The Alpha account recommended for traders who want to manage a wide range of financial products in a single account .
Differences between AXIORY's various account types
When comparing AXIORY's account types, you need to be aware of the following differences
By understanding the differences mentioned above, you can choose the account type that best suits the points you prioritize, so please use this information as a reference
Transaction method
One of the differences between AXIORY's various account types is the trading method
The differences between account types are shown in the table below
| Account type | Transaction method |
|---|---|
| Zero Account | ECN method |
| Max Account | STP method |
| Standard Account | STP method |
| Nano Account | ECN method |
| Terra account | ECN method |
| Alpha Account | ECN method |
AXIORY accounts are categorized into two types of trading methods STP " and " ECN
STP offers commission-free transactions and enables simple trading.
On the other hand, they offer greater transparency and a more market-connected environment with lower spreads
The choice depends on whether you prioritize execution speed or cost structure
Brands handled
The second difference between AXIORY's various account types is the range of securities they offer
The differences between account types are shown in the table below
| Account type | Brands handled |
|---|---|
| Zero Account | Some FX products, soft commodities, CFDs |
| Max Account | FX, Stock CFDs, Stock Index CFDs, Energy CFDs, Precious Metals CFDs , Soft Commodities CFDs |
| Standard Account | FX, Stock CFDs, Stock Index CFDs, Energy CFDs, Precious Metals CFDs , Soft Commodities CFDs |
| Nano Account | FX, Stock CFDs, Stock Index CFDs, Energy CFDs, Precious Metals CFDs, Soft Commodities CFDs, Battle CFDs |
| Terra account | FX Japanese Stock CFD Stock CFD Stock Index CFD Energy CFD Precious Metals CFD Soft Commodities CFD Battle CFD |
| Alpha Account | Physical stock ETFs |
Most AXIORY handle FX currency pairs and CFD products, but the Alpha account is the only one that allows trading of physical stocks and NFTs .
Traders who want to diversify their investments across various asset classes should choose an Alpha account
Transaction costs
The third difference between AXIORY's various account types is the difference in trading costs
The differences between account types are shown in the table below
| Account type | Transaction costs |
|---|---|
| Zero Account | Starting price: $8.70 |
| Max Account | free |
| Standard Account | free |
| Nano Account | $6 round trip (per lot) |
| Terra account | $6 round trip (per lot) |
| Alpha Account | Minimum order: $1.50 |
Transaction costs vary significantly depending on the account type
Standard and Max accounts offer commission-free trading , while Zero, Nano, Terra, and Alpha accounts have narrower spreads but charge a commission for each trade .
The type of account you choose will depend on whether you prioritize transaction fees or spreads, so consider your own trading style
Maximum leverage
The fourth difference between AXIORY's various account types is the difference in maximum leverage
The differences between account types are shown in the table below
| Account type | Maximum leverage |
|---|---|
| Zero Account | 1,000 times |
| Max Account | 2,000 times |
| Standard Account | 1,000 times |
| Nano Account | 1,000 times |
| Terra account | 1,000 times |
| Alpha Account | 1,000 times |
The Max account offers a maximum leverage of 2,000 times, which is one of the highest leverage options available at AXIORY
When choosing an account type with maximum leverage, you are required to select one that aligns with your strategy based on your own money management and risk tolerance.
Trading platform
The fifth difference between AXIORY's various account types is the trading platform
The differences between account types are shown in the table below
| Account type | Trading platform |
|---|---|
| Zero Account | MT4 MT5 cTrader |
| Max Account | MT4 cTrader |
| Standard Account | MT4 cTrader |
| Nano Account | MT4 cTrader |
| Terra account | MT5 |
| Alpha Account | MT5 |
The trading platforms available at AXIORY are limited depending on the account type
The account you should choose depends on whether you're familiar with MT4 or MT5, or if you want to take advantage of cTrader's advanced features
Who is each AXIORY account type recommended for?
Here, we'll introduce who each type of AXIORY account is best suited for
- Who is a zero-cost account recommended for?
- Who is the Max account recommended for?
- Who is a Standard Account recommended for?
- Who is a Nano account recommended for?
- Who is a Terra account recommended for?
- Who is the Alpha account recommended for?
If you're having trouble choosing an AXIORY account, it's a good idea to consider it from the perspective of "which trading style is it best suited for?"
Please review the following information to help you find the account type that's right for you
Who is a zero-cost account recommended for?
The Zero account intermediate to advanced traders who engage in scalping or day trading .
This is because Zero Account uses the ECN system, which minimizes trading costs with narrow spreads and high execution speed
For example, when making dozens of trades a day, a narrow spread directly leads to maximizing profits
Therefore, it is recommended for people who trade frequently and prioritize execution in seconds and low spreads
Who is the Max account recommended for?
The Max account is recommended for traders using high-leverage strategies who want to maximize capital efficiency
This is because the Max account is the account that allows you to use the highest maximum leverage of 2000x at AXIORY, and it also features zero trading fees
For example, you can take a large position with a relatively small amount of margin and aim for a large return by taking advantage of short-term, sharp market fluctuations
Therefore, this strategy is recommended for experienced traders who understand the significant risks involved and are willing to actively utilize high-leverage strategies
Who is a Standard Account recommended for?
The Standard account beginners just starting out in FX trading and traders who prefer a simple cost structure .
This is because the Standard account has no trading fees whatsoever, and the only cost is the spread, making it a straightforward structure
For example, if you are unfamiliar with the mechanics of FX trading or cost calculations, you can start trading with peace of mind without being troubled by complex fee structures
Therefore, it is recommended for those who want to gain trading experience in a stable environment first
Who is a Nano account recommended for?
The Nano account traders who want to use MT4 while pursuing low spreads .
This is because the Nano account offers narrow spreads through the ECN method while being compatible with the globally popular MT4 platform
For example, this is suitable for those who want to perform cost-effective trading while utilizing familiar custom indicators or automated trading programs (EAs) that run on MT4
Therefore, it is recommended for traders who want to combine the convenience of MT4 with the low spread environment of ECN
Who is a Terra account recommended for?
The Terra account is recommended for traders who want to engage in short-term trading such as scalping using the ECN method
The Terra account has the same trading conditions as the Nano account, but the trading platform is compatible with MT5
Therefore, it is recommended for traders who want to trade using MT5
Who is the Alpha account recommended for?
The Alpha account traders who prefer diversification and want to invest in a wide range of financial products, including not only FX and CFDs, but also physical stocks and NFTs .
This is because the Alpha account is the only account type at AXIORY that allows you to trade a variety of asset classes in a single account
For example, if you want to diversify your investments by using profits earned from FX trading to include individual overseas stocks, or if you want to try out new financial products like NFT trading, this eliminates the hassle of managing multiple accounts
Therefore, it is recommended for traders who want to complete a wide range of investments with a single account
AXIORY Account Type Verification Procedure
The following are the steps to check the account type you are currently using with AXIORY
AXIORY Account Type Verification Procedure
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- Access the AXIORY official website, enter your email address and password, and log in to your My Page
- After logging in, check the "Your Account" section
- Once the account details are displayed, check the "Account Type" field
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Traders who use multiple accounts, in particular, should make sure they understand the verification procedures
AXIORY Account Type Change Procedure
At AXIORY, you cannot change the account type you selected after opening an account .
For example, it is not possible to switch your current Standard account to a Zero account
If you want to start trading with a different account type, you will need to open a new account from the client area
The procedure for opening an additional account is as follows:
AXIORY Additional Account Opening Procedure
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- Log in to your AXIORY My Page
- Select "Open an account" on the My Page screen
- Select the trading platform you wish to use (MT4, MT5, cTrader)
- Select the new account type you wish to open
- Select leverage and currency
- Select "Open an additional account" and complete the account opening process
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By following the steps above, you can have multiple accounts of different types instead of changing your existing account
Points to note regarding AXIORY account types
There are some points to check beforehand when choosing an AXIORY account type
Here are some points to keep in mind
- Trading in physical stocks and NFTs is only available through Alpha accounts
- You cannot change your account type after opening an account
- Standard and Max accounts have no trading fees
- The available platforms differ depending on the account type
Please understand the above information and choose your account type carefully to avoid any regrets
Trading in physical stocks and NFTs is only available through Alpha accounts
The first point to note is that trading in physical stocks and NFTs is only possible through an Alpha account
If you want to trade specific financial instruments such as physical stocks or NFTs at AXIORY, you need to choose an Alpha account
Spot trading is not available with other AXIORY account types
If you are considering diversifying your investments across various asset classes, you should definitely open an Alpha account
You cannot change your account type after opening an account
The second point to note is that you cannot change your account type after opening an account
If you wish to change your trading method, cost structure, leverage, etc., you will need to select your desired account type from your My Page and open an additional account
When choosing your first account, carefully select an account type that suits your trading style
Standard and Max accounts have no trading fees
The third point to note is that Standard and Max accounts have no trading fees
Among AXIORY's account types, the biggest advantage of the Standard and Max accounts is that trading fees are free.
Therefore, cost calculations become simpler, lowering the barrier to entry for trading, especially for beginners
Zero Account and Nano Account, which prioritize low spreads, incur fees, so those who prefer a simpler cost structure should choose one of these two accounts
The available platforms differ depending on the account type
The fourth point to note is the available platforms differ depending on the account type .
For example, the Nano account supports MT4, while the Tera account supports MT5
The type of account you should choose depends on whether you want to trade on a platform you're already familiar with or a new, high-performance platform, so it's necessary to check this beforehand
Frequently Asked Questions about AXIORY Account Types
We've compiled answers to common questions that traders have when choosing an AXIORY account type
- What types of accounts does AXIORY offer?
- Can I open a demo account with AXIORY?
- Can I scalp using AXIORY?
- Can I change my account type with AXIORY?
Please use the above information as a reference when trying to resolve your questions
What types of accounts does AXIORY offer?
AXIORY six different account types to suit the needs of traders. Specifically, there are the ECN-based "Zero Account," "Nano Account," and "Tera Account" for those seeking low costs, the simple "Standard Account" and "Max Account" with no fees, and the "Alpha Account" which allows trading of physical stocks. A flexible selection of accounts is provided, allowing traders to choose the one that best suits their trading style and objectives.
Can I open a demo account with AXIORY?
AXIORY offers demo accounts . Using a demo account allows you to test the trading environment and platform usability of each account type (FX/CFD accounts, excluding Alpha accounts) without investing real money. Demo accounts are particularly useful practice tools for beginners or those who want to try new account types or platforms like MT5 and cTrader.
Can I scalp using AXIORY?
Scalping is generally permitted at AXIORY In particular, the "Zero Account," "Nano Account," and "Tera Account," which use the ECN system, have extremely narrow spreads and high execution speed, making them well-suited for scalping. However, be aware that restrictions may be placed on extreme trading methods that place an excessive burden on the server.
Can I change my account type with AXIORY?
AXIORY does not allow you to change your account type once it has been opened. This is because each account is designed with a different trading environment (trading method, leverage, platform). If you wish to trade with a different account type, you will need to open a new account as an "additional account" from your My Page.
[Summary] AXIORY Account Types
AXIORY's account types are subdivided to meet the diverse needs of traders
When choosing an account, it's essential to select the one that best suits your trading style.
Please note that with AXIORY, you cannot change your account type once you have opened an account
If you need a different type of account, you will need to open a new account through your My Page
Using the comparison points and precautions explained in this article as a guide, choose the AXIORY account that best suits your trading strategy and create a comfortable and advantageous trading environment