SOLARIS MARKETS LIMITED Account Types & How to Open

Our deep-dive into the account offerings of SOLARIS MARKETS LIMITED focuses exclusively on the entity registered in Vanuatu under the Financial Dealers Licence of the Vanuatu Financial Services Commission (VFSC). This licence is often categorised as a lower-tier regulatory framework compared to major European, Australian, or UK authorities, which carries inherent implications for client fund protections and recourse mechanisms. Traders considering this broker should weigh the generous trading conditions against the relatively limited regulatory oversight.

SOLARIS MARKETS LIMITED operates the global website at axi.com, where it presents itself as part of the broader Axi group. However, it is crucial to understand that the Vanuatu entity is legally distinct from group companies regulated by ASIC in Australia, the FCA in the UK, or CySEC in Cyprus. The account types, leverage, and protections described here pertain specifically to clients onboarded under the Vanuatu licence, unless otherwise stated. We have cross-verified the known facts with public registry data, confirming the active VFSC licence, and we will interpret the broker’s own claims alongside our independent assessment.

The international arm of Axi offers three primary account tiers: Standard, Pro, and Elite. All three are accessible via the same straightforward application process and share core infrastructure such as the MetaTrader 4 and MetaTrader 5 platforms, along with the proprietary Axi Trading Platform mobile app. The differentiation lies almost entirely in the pricing model—spread mark-ups versus raw spreads with commissions—and the availability of certain premium tools.

Our review of the broker’s website shows that the Standard account is designed as an all-inclusive entry point with no commission, while the Pro and Elite accounts cater to more experienced traders who prioritise tight raw spreads and are willing to pay a volume-based commission. In the sections that follow, we unpack the mechanics of each account, the associated costs, and the type of trader each is likely to suit. We also note that these accounts are offered on a no-dealing-desk (NDD) execution model, which is typical of modern forex brokers and suggests that Axi aggregates prices from multiple liquidity providers without intervening as a market maker.

The Standard account is built for straightforward, commission-free trading. Instead of a separate per-trade fee, the broker builds its costs into a slightly wider spread. This makes cost calculation simpler for those who prefer to see a single all-in price on their screen. From the information available on the international site, we understand that the Standard account offers access to over 220 CFDs across forex, indices, commodities, shares, and cryptocurrencies.

Minimum deposits on the Standard account are exceptionally low: as little as $5 via credit/debit card or Neteller, $10 through Skrill or PayPal, and $30 for cryptocurrency funding. This low barrier to entry can be attractive for beginners who want to test the markets with minimal capital, but it also underscores the lack of robust investor protections in this offshore jurisdiction. In our assessment, the Standard account is most suitable for novices and low-volume traders who value simplicity and want to avoid the cognitive load of calculating commission fees on every trade.

The Pro and Elite accounts step up to a raw-spread pricing model with added commissions. The Pro account, often seen as a bridge between the Standard and premium tiers, likely features tighter spreads but may have slightly wider minimum spreads or fewer additional perks compared to the Elite. Based on aggregated industry data and Axi’s own marketing materials, the Pro account spreads could start from around 0.4–0.6 pips on major forex pairs with a commission of approximately $7 per round turn per standard lot.

The Elite account is the flagship offering for algorithmic traders, scalpers, and high-frequency strategists. It advertises raw interbank spreads from 0.0 pips on major forex pairs, with a commission that is typically volume-discounted. For instance, traders surpassing certain monthly volume thresholds may see commissions drop to $3.50 or lower per lot per side. This account also grants access to advanced tools such as Autochartist and Smart Trader Tools, which are sometimes bundled exclusively with the Elite tier. In FXCanary’s view, the Elite account is where the value proposition shines for serious traders who can comfortably meet the higher initial deposit requirements—often around $25,000 or more—though the broker’s website does not explicitly state a minimum for this tier on the Vanuatu-facing pages.

Transparency around costs is mixed. While the raw-spread accounts (Pro and Elite) explicitly publish their commission structure, the Standard account’s spread markup is not detailed as a fixed pip addition. Our editorial team reviewed the help centre articles and found that Axi does not provide a standardised mark-up table for the Vanuatu entity. Traders should therefore anticipate variable spreads that widen during news events and low-liquidity periods.

Beyond spreads and commissions, there are several other fees to consider. An inactivity fee applies after a period of dormancy—likely three months of no trading activity—which results in a monthly charge of $10 or equivalent, as hinted by support articles. Deposits via most methods are free, but some e-wallets or international bank wires may attract third-party fees. Withdrawal fees are generally absent for standard methods, though a “return to source” policy means you can only withdraw funds to the same account you used for depositing, which is a common anti-money-laundering measure. Overnight swap rates (financing charges) apply to leveraged positions held past the daily cut-off, and these can accumulate significantly for long-term trades.

Leverage under the Vanuatu licence is not publicly capped by domestic regulation in the same way that European ESMA rules restrict retail leverage to 1:30. Industry databases and support materials suggest that Axi’s offshore entities, including SOLARIS MARKETS LIMITED, may offer leverage up to 1:500 on major forex pairs. This level of gearing magnifies both profits and losses and can rapidly deplete capital, especially for inexperienced traders.

We strongly caution that such high leverage is a double-edged sword. While it allows for meaningful market exposure with a tiny deposit, it also raises the risk of a margin call or stop-out well before a trader’s analysis has time to play out. In our assessment, prudent traders should limit their effective leverage—perhaps to 1:30 or 1:50—regardless of what the account technically allows, and always employ protective stop-loss orders. The broker’s platform does allow for margin level monitoring and forced liquidation, but traders should not rely solely on these automated safeguards.

All account types provide access to the full suite of Axi’s trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary Axi Trading Platform mobile app. MT4 remains the industry standard for forex and CFD trading, renowned for its intuitive charting, automated trading via Expert Advisors, and a vast online community. MT5 extends this with more timeframes, an integrated economic calendar, and a wider range of order types, making it better suited for multi-asset traders.

The Axi Trading Platform app is a relatively new addition, designed to provide a seamless mobile experience with features like one-click trading, real-time news, and simple account management. However, our investigation suggests that advanced charting and EA capabilities are limited compared to the MetaTrader platforms. MT4 and MT5 dominate for serious traders, and both are available as desktop, web, and mobile versions. The broker also integrates third-party tools such as Autochartist for pattern recognition and Smart Trader Tools for enhanced analysis, though access may be tiered by account type. Notably, the VFSC-regulated entity does not appear to offer a proprietary web-based platform beyond the MT4/MT5 terminals.

The account opening process is entirely digital and begins on the axi.com website. You will select your country of residence from a dropdown list; if Vanuatu regulation applies to your jurisdiction, you will be routed to the appropriate entity. The online form requires an email address and a password, after which you must complete a personal profile with your full name, date of birth, and address. Because this is an offshore entity, the broker may not serve residents of certain countries like the USA, Canada, or EU member states—always check the eligibility list.

Next comes the Know Your Customer (KYC) phase, where you upload a valid government-issued photo ID (passport, driver’s licence, or national ID) and a recent proof of address document, such as a utility bill or bank statement dated within the last three months. The broker also asks for your tax identification number and will likely run an automated verification against global sanctions and PEP lists. Once approved, you can fund your account using one of the supported methods; the minimum deposit varies by method but can be as low as $5. From our analysis of the help centre, the entire process—from sign-up to trading—can be completed in under 15 minutes if documents are at hand, but verification delays can extend to 24 hours during high volumes.

Axi offers a risk-free demo account that mirrors the live Standard account conditions, funded with up to $50,000 in virtual capital. It can be opened directly from the broker’s website without the need for KYC verification, though it expires after 30 days of inactivity. The demo is a valuable tool for testing strategies, exploring the MT4/MT5 interface, and getting a feel for execution speeds—all without risking real money. Based on our review, the demo spread and execution closely approximate the live environment, though slippage and liquidity differences during major news events are not fully replicated.

In summary, SOLARIS MARKETS LIMITED presents a functional and accessible account lineup with competitive pricing for active traders, but all of this is underwritten by the relatively light touch of VFSC regulation. The Standard account lowers the barrier to entry significantly, while the Pro and Elite tiers offer the tight spreads and tools that experienced traders demand. However, the absence of strong investor compensation schemes, coupled with the high default leverage, means that capital is exposed to greater risk. Traders who choose this broker should do so with a clear understanding of the regulatory limitations and trade with only funds they can afford to lose. As always, we recommend starting with a demo account and thoroughly testing the broker’s execution before committing real money.