What are recommended currency and account type for your trading account?

Account type: Standard

Leverage: 1:100 or 1:200

Base currency: SGD or the currency that you earn and spend in

Reminder: Only a STANDARD account qualifies for the cashback promotion (not other account types like AxiSelect etc. You must trade in the STANDARD account to fulfil volume requirements.) You need to uncheck Axi Select if you do not want an additional account.

axi standard account

We recommend to fund in the main currency that you are using or earning. 

For instance, if you’re a Singapore trader, it would be ideal to fund your account in SGD. Regardless of the currency you trade, you will inevitably encounter conversions when dealing with profits and losses.

For example, if you trade USDJPY and earn a profit in JPY, you’ll need to convert the JPY back to your base currency, whether it’s SGD or USD. Therefore, it’s advantageous to maintain your funded currency aligned with your primary currency of use or earnings.


What are your feelings
Updated on January 3, 2024