Axi Review
- Overview
- Detailed Summary
- Safety and Security
- Account Types
- How To Open an Account
- Trading Platforms and Software
- Which Markets Can You Trade?
- Deposit and Withdrawal
- Educational Resources
- Mentionable Partnerships, Sponsorships, and Social Media Presence
- Additional Factors and Features
- Fees, Spreads, and, Commissions
- Broker Risk Waring
- Pros and Cons
- In Conclusion
Overall, Axi is a trustworthy Forex Broker with a robust regulatory framework and a highly competitive starting spread. Axi offers access to premium trading facilities catering to a diverse clientele base and has a 92 out of 99 trust score.
🔎 Broker | 🥇 Axi |
💴 Minimum Deposit | 0 USD |
💵 Inactivity Fee | ✅Yes |
💝 Bonuses | ✅Yes |
⏰ Support Hours | 24/5 |
🖱️ Trading Platforms | MetaTrader 4 |
🚀 Open an Account | 👉 Click Here |
Overview
Axi is a prominent online Forex and CFD broker with a global presence. Established in 2007 and based in Sydney, Australia, Axi operates under regulations in multiple jurisdictions, including Australia, New Zealand, the UK, and the UAE.
Offering a wide array of trading instruments in the Forex and CFD markets, Axi serves thousands of traders from over 100 countries worldwide. The broker is dedicated to enabling clients to trade effectively by partnering with various organizations, including London & Eastern LLP, to provide comprehensive trading tools and services.
Axi provides multiple trading platforms and tools. For experienced traders, the widely used MetaTrader 4 platform delivers competitive spreads, commission-free options, and high leverage (varying by entity). Axi’s proprietary platform, ATP* (Axi Trading Platform), features advanced capabilities within a user-friendly design.
New traders can benefit from Axi Copy Trading**, which facilitates the automatic replication of strategies from top-performing traders. Additionally, Axi Select***, an innovative capital allocation program, supports aspiring traders with funding to enhance their trading endeavors.
Please note:
- ATP (Axi Trading Platform) is Not available in all jurisdictions.
- Axi Copy Trading is a Partner of London & Eastern LLP.
- AxiTrader Ltd promotes Axi Select. Not available to AU, NZ, EU & UK residents.
Detailed Summary
🔎 Broker | 🥇 Axi |
📈 Established Year | 2007 |
📉 Regulation and Licenses | ASIC, SVG FSA, FCA, FMA, DFSA, FRSA |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | ✅Yes |
⏰ Support Hours | 24/5 |
🖱️ Trading Platforms | MetaTrader 4 |
💻 Account Types | Standard, Pro, Elite |
🪙 Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
📊 Spreads | From 0.0 pips |
💹 Leverage | Up to 1:500 |
💴 Currency Pairs | 70; minor, major, and exotic pairs |
💵 Minimum Deposit | 0 USD |
💶 Inactivity Fee | ✅Yes |
⏩ Website Languages | English, Thai, Chinese, Spanish, French, Indonesian, Italian, Portuguese, Japanese, Arabic, Vietnamese |
💷 Fees and Commissions | Spreads from 0.0 pips, commissions from $7 per round turn |
🤝 Affiliate Program | ✅Yes |
❌ Banned Countries | United States, Canada, Iran |
🅰️ Scalping | ✅Yes |
🅱️ Hedging | ✅Yes |
📐 Trading Instruments | Forex, share CFDs, indices, commodities, oil, precious metals, crypto CFDs, CFDs, IPOs |
🚀 Open an Account | 👉 Click Here |
Notable Features and Factors include:
Broker Type:
Market Maker
Country and Operating Since:
Founded in 2007, Axi is headquartered in Sydney, Australia.
International Offices:
Axi has grown from a two-person startup into an industry-leading global brokerage with offices in several parts of the world: Australia (Sydney); Dubai; Cyprus (Limassol); Singapore (Singapore); United Kingdom (London); Malaysia (Kuala Lumpur); Vanuatu (Vanuatu); and Philippines (Manila).
HQ’s Address:
Headquartered in Sydney, Australia, you can contact us at:
- AxiCorp Financial Services Pty. Ltd,
- Level 13, 73 Miller Street,
- North Sydney,
- NSW 2060,
- Australia
Trading Platform(s) Timezone:
The MetaTrader platform follows Greenwich Mean Time by default. It is set at GMT+3 during summer and GMT+2 during winter.
Safety and Security
The Axi Group of Companies is a global, award-winning*, broker, with entities in Australia, New Zealand, UAE, United Kingdom, and Vanuatu. The Group is also registered in Saint Vincent and the Grenadines:
- AxiCorp Financial Services Pty Ltd – regulated by ASIC, FMA, DFSA
- Axi Financial Services (UK) Ltd – regulated by the FCA
- Solaris Markets Ltd – regulated by VFSC
- AxiTrader Ltd registered in St Vincent & the Grenadines
*Granted to Axi Group of companies
To ensure compliance with local financial laws, the Axi Group of Companies holds financial trading licenses in different parts of the world. When you trade with the broker, you’ll then have the assurance that you’re trading within the regulations appropriate to your region:
- AxiCorp Financial Services Pty Ltd (ACN 127 606 348) is authorized & regulated by the Australian Securities and Investment Commission (ASIC) in Australia
- AxiCorp Financial Services Pty Ltd Dubai Branch is regulated by the Dubai Financial Services Authority (DFSA) in Duba
- Axi Financial Services (UK) Ltd (company no. 6050593) is authorized & regulated by the Financial Conduct Authority (FCA) in the UK
- Solaris Markets Limited is licensed and regulated by the VFSC (Vanuatu Financial Service Commission) of the Republic of Vanuatu
Furthermore, AxiTrader Ltd (company no. 25417 BC 2019) is registered in St Vincent & the Grenadines.
The regulated Axi Group entities’ customer funds are kept in segregated bank accounts. This applies to both retail and professional accounts.
Account Types
Axi offers a range of account types designed to meet the diverse needs of traders, whether they are beginners or seasoned professionals. Each account is tailored to provide specific features and benefits, allowing traders to select the option that best aligns with their trading style and goals.
Standard Account
Traders of varying levels can access the Axi Standard Account, which has no minimum deposit requirement. With spreads that begin at 0.4 pips and zero transaction fees, traders have affordable entry into all markets on the MT4 platform.
Pro Account
The Axi Pro Account caters to proficient traders knowledgeable of intricate financial market nuances. It guarantees narrow spreads commencing at 0.0 pips and a competitive fee of $7 for every round turn made.
The account does not mandate minimum deposit requirements, enabling trading methods that utilize sophisticated tools like AutoChartist, PsyQuation, and MT4 NexGen.
Elite Account
The Elite Account offered by Axi is designed for discerning traders willing to deposit a minimum of $25,000. With the lowest fees in tow, this account starts with spreads as low as 0.0 pips and has round turn cost pegged at $7, similar to Pro Accounts.
Demo Account
Axi offers a 30-day demo account so traders can practice trading and finding their competitive edge before using a live account:
- Risk-free environment
- $50K of virtual funds
- 24/5 client support
All markets available through Axi’s trading platforms on a live account are also available on the demo version, except for single-stock CFDs. This means that traders can test their trading strategies on all forex pairs as well as stock indices, commodities, and cryptocurrencies.
A non-expiring version of the demo can be requested after signing up for a live trading account.
Demo accounts operate in a simulated market environment. Performance in a demo account may differ from your real trading account. Past performance is not indicative of future results.
Islamic Account
To ensure that their service is open to traders of the Islamic faith, Axi offers a specialized swap-free, no-interest trading account*. Thus, Islamic account holders can benefit from the broker’s global reputation and the assurance that comes from trading with a reputable broker.
*Other fees apply.
Money Managers
With Axi, traders can monetize their trading skills by becoming Fund Managers and unlocking their potential with the broker’s PAMM and MAM programs. The broker gives Fund Managers access to tailored PAMM and MAM professional software solutions to manage multiple trading strategies in a live environment.
Axi’s diverse account offerings cater to traders at all levels, providing the necessary tools and support to enhance their trading experience.
How To Open an Account
Visit the Axi website and the “Open Live Account” or “Getting Started” page.
- Complete the first application form
- Determine your desired account type.
- Before submitting your application, carefully read and accept the Terms and Conditions.
- After completing the first form, you will be asked to provide papers to prove your identification.
- Ensure that the documents are readable, valid, and correspond to the information you gave in the application.
Once your account has been validated, you may deposit money to begin trading.
Trading Platforms and Software
Traders can benefit from Axi’s provision of the widely-used MetaTrader 4 (MT4) platform, recognized for its trustworthy functionality and broad features. MT4 boasts superb charting abilities, technical indicators, and automatic trading capabilities through Expert Advisors (EAs).
Moreover, Traders can trade with Axi on the go either with MetaTrader 4 or with the Axi Trading Platform (ATP)*. The goal of ATP is to provide traders with the greatest mobile trading experience, regardless of expertise level. It allows traders to trade top US, UK, and European markets commission-free**, as well as forex, indices, commodities, and cryptocurrencies***.
It is available for both iOS and Android. Alternatively, the MT4 app can be used to keep pace with the market, in real time, wherever you are.
*Not available in all jurisdictions.
**Spreads and other fees apply.
***Retail investor accounts based in some parts of the world are not permitted to trade cryptocurrency CFDs.
Which Markets Can You Trade?
The broker provides a range of markets to help traders find their next opportunity:
- Forex: Traders can access numerous major, minor, and exotic currency pairs in the most globally traded market.
- Shares CFDs: Top US, UK, and EU, such as Amazon, Facebook, Apple, EasyJet, Adidas, and LVMH.
- IPOs: Traders can trade CFDs on global brands as soon as they get listed on the stock market.
- Indices CFDs: Traders can access and trade CFDs on major global indices, including US, UK, Europe, Asia and Australia.
- Commodities: The most popular commodity CFDs; from gold and silver to oil and coffee.
- Cryptocurrencies*: Trade CFDs on 30 of the most popular cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and more.
*Retail investor accounts based in some parts of the world are not permitted to trade cryptocurrency CFDs.
Supported Crypto Coins (CFD):
Besides the traditional asset classes, Axi also offers cryptocurrency trading. However, digital currencies cannot be bought in their “physical” form; they are only available for trading through CFDs. You can trade numerous crypto CFDs with the broker, including, but not limited to:
- Bitcoin (BTCUSD)
- Ethereum (ETHUSD)
- Ripple (XRPUSD)
- Cardano (ADAUSD)
- Dogecoin (DOGUSD)
- Litecoin (LTCUSD)
- Chainlink (LNKUSD)
- Polkadot (DOTUSD)
- Bitcoin Cash (BCHUSD)
- EOS (EOSUSD)
Axi provides a compelling opportunity for traders to participate in the dynamic world of initial public offers (IPOs) by selling stock CFDs on freshly listed firms on the stock exchange.
*Retail investor accounts based in some parts of the world are not permitted to trade cryptocurrency CFDs.
Deposit and Withdrawal
Axi offers numerous local payment options from top global providers so traders can enjoy hassle-free and commission-free* deposits and withdrawals in their region.
Deposit Options Include:
- Credit/Debit Card
- Neteller
- PayPal
- Skrill
- Bank Transfer
- Crypto
Withdrawal Methods include:
- Credit/Debit Card
- Neteller
- PayPal
- Skrill
- Bank Transfer
- Crypto
*Retail investor accounts based in some parts of the world are not permitted to trade cryptocurrency CFDs.
*Other fees may apply.
Educational Resources
Axi offers the following educational resources:
- Video Courses
- eBooks
- Blog
- Axi Academy
Various tools and materials are provided to traders to help them make educated trading choices.
Mentionable Partnerships, Sponsorships, and Social Media Presence
Axi’s sponsorship journey kicked off back in 2020 when they signed a yearslong deal with Premier League club, Man City. Currently, the broker partners with three football clubs and has two brand ambassadors:
Man City:
Axi has been Man City’s Official Online Trading Partner since 2020. In 2023, the broker’s collaboration with the club was extended to include Man City Women as well.
Girona FC:
Axi has been Girona’s Official LATAM Online Trading Partner since the start of the 2023/24 season.
Esporte Clube Bahia:
The broker announced their collaboration with the Brazilian club in 2023 as their Official Online Trading Partner.
John Stones:
Axi welcomed England international John Stones as their Brand Ambassador in 2023.
David Wicks:
The broker also secured a partnership agreement with professional golfer David Wicks in 2023.
The broker has a strong presence on social media. As follows, you can find a list of Axi’s global social channels:
These strategic partnerships and robust online engagement reflect Axi’s commitment to enhancing brand visibility and connecting with a diverse audience.
Additional Factors and Features
List of Restricted Countries:
The Axi Group of companies supports thousands of traders from over 100 countries. However, according to the broker’s website, they do not accept clients from countries that are marked as high-risk or where trading is not permitted. Such countries include, but are not limited to: North Korea, the Russian Federation, Belarus, Afghanistan, Libya, Iran, Israel, Haiti, United States of America.
Trading Platform URL:
Axi offers the MetaTrader 4 trading platform for both desktop and mobile devices, available for live and demo trading accounts. Axi’s version of the MT4 offers full access to all trading instruments and supports other features, such as copy trading. Download the platform, here: https://www.axi.com
Supported Languages on the Trading Platform:
Axi’s version of the trading platform supports thirteen languages: English, Arabic, Spanish, Indonesian,, Thai, Vietnamese, Chinese (Traditional), Chinese (Simplified), French, Italian, Portuguese, and Japanese.
Customer Support Languages:
Axi offers multilingual client support in 13 languages: English, Arabic, Spanish, Indonesian, Thai, Vietnamese, Chinese, French, Italian, Portuguese, Taiwanese, and Japanese. Support is available 24/5 for English and during business hours for other languages.
Fees, Spreads, and, Commissions
Depending on the entity different Fees, Spreads, and, Commissions will apply.
Minimum Deposit
AxiTrader Ltd (SVG):
🥇 Standard Account | 🥈 Pro Account | 🥉 Elite Account |
$0 | $0 | $25,000 |
Axi Financial Services (UK) Ltd (UK; FCA):
🥇 Standard Account | 🥈 Pro Account | 🥉 Spread Bet Account* | 🏅 Elite Account** |
$0 | $0 | $0 | $25,000 |
*Available to UK clients only.
**Available to professional clients only.
AxiCorp Financial Services Pty Ltd (ASIC, etc):
🥇 Standard Account | 🥈 Pro Account | 🥉 Elite Account |
$200 | $500 | $25,000 |
Maximum Leverage
Depending on the entity, different leverage applies:
AxiTrader Ltd (SVG):
🥇 Standard Account | 🥈 Pro Account | 🥉 Elite Account |
1:500 | 1:500 | 1:500 |
Axi Financial Services (UK; FCA):
🥇 Standard Account | 🥈 Pro Account | 🥉 Spread Bet Account* | 🏅 Elite Account** |
Up to 1:30 for retail clients | Up to 1:30 for retail clients | Up to 1:30 for UK retail clients | Up to 1:500 for professional clients only |
*Available to UK clients only.
**Available to professional clients only.
AxiCorp Financial Services Pty Ltd (ASIC, etc):
🥇 Standard Account | 🥈 Pro Account | 🥉 Elite Account |
Up to 1:30 for retail clients | Up to 1:30 for retail clients | Up to 1:400 for wholesale status clients |
Minimum/Maximum Lot Size
Depending on the entity, different lot sizes apply:
AxiTrader Ltd (SVG):
The min. Lot size on the Standard, Pro, and, Elite accounts is 0.01 whereas the Max lots are as follows per account:
🔎 Standard Account | 🥇 Standard Account | 🥈 Pro Account | 🥉 Elite Account |
📈 FX Majors | 100 | 100 | 100 |
📉 FX Minors | 50 | 50 | 50 |
⚙️ Metals | 20 | 20 | 20 |
🪙 Crypto | 50-200 | 50-200 | 50-200 |
💶 Cash CFD | 10,000 | 10,000 | 10,000 |
💹 Futures | 10 - 20 | 10 - 20 | 10 - 20 |
📊 US and EU shares | 25,000 | 25,000 | 25,000 |
📝 UK Shares | 500,000 | 500,000 | 500,000 |
Axi Financial Services (UK) Ltd (UK; FCA):
The min. Lot size on the Standard, Pro, and, Elite accounts is 0.01 whereas the Max lots are as follows per account:
🔎 Standard Account | 🥇 Standard Account | 🥈 Pro Account | 🥉 Elite Account |
📈 FX Majors | 100 | 100 | 100 |
📉 FX Minors | 50 | 50 | 50 |
⚙️ Metals | 20 | 20 | 20 |
💶 Cash CFD | 10,000 | 10,000 | 10,000 |
💹 Futures | 10 - 20 | 10 - 20 | 10 - 20 |
📊 US and EU shares | 25,000 | 25,000 | 25,000 |
📝 UK Shares | 500,000 | 500,000 | 500,000 |
*Available to UK clients only.
**Available to professional clients only.
AxiCorp Financial Services Pty Ltd (ASIC, etc):
The min. Lot size on the Standard, Pro, and, Elite accounts is 0.01 whereas the Max lots are as follows per account:
🔎 Standard Account | 🥇 Standard Account | 🥈 Pro Account | 🥉 Elite Account |
📈 FX Majors | 100 | 100 | 100 |
📉 FX Minors | 50 | 50 | 50 |
⚙️ Metals | 20 | 20 | 20 |
🪙 Crypto | 50-100 | 50-100 | 50-100 |
💶 Cash CFD | 10,000 | 10,000 | 10,000 |
💹 Futures | 10 - 20 | 10 - 20 | 10 - 20 |
📊 US and EU shares | 25,000 | 25,000 | 25,000 |
📝 UK Shares | 500,000 | 500,000 | 500,000 |
Commissions:
Depending on the entity, different minimum deposits apply:
AxiTrader Ltd (SVG):
- Standard – None
- Pro Account – $7 Round Trip
- Elite Account – $3.5 Round Trip
Axi Financial Services (UK) Ltd (UK; FCA):
- Standard Account – None
- Pro Account – $7 round trip (USD)
- Spread Bet Account* – None
- Elite Account** – $3.5 round trip (USD)
*Available to UK clients only.
**Available to professional clients only.
AxiCorp Financial Services Pty Ltd (ASIC, etc):
- Standard Account – None
- Pro Account – $7 Round Trip
- Elite Account – $3.5 Round Trip
Spreads:
Depending on the entity, different minimum deposits apply:
AxiTrader Ltd (SVG):
- Standard Account – From 0.9 Pips
- Pro Account – from 0.0 Pips
- Elite Account – from 0.0 Pips
Axi Financial Services (UK) Ltd (UK; FCA):
- Standard Account – from 0.9 Pips
- Pro Account – from 0.0 Pips
- Spread Bet Account* – from 0.9 Pips
- Elite Account ** – from 0.0 Pips
* Available to UK clients only.
**Available to professional clients only.
AxiCorp Financial Services Pty Ltd (ASIC, etc):
- Standard Account – from 0.9 Pips
- Pro Account – from 0.0 Pips
- Elite Account – from 0.0 Pips
Broker Risk Waring
AU (AFSPL):
CFDs carry a high risk of investment loss due to leverage. You do not own or have any rights to the underlying instruments. AFSL 318232. Refer to the PDS & TMDs on our website before making an investment decision.
NZ (AFSPL):
CFDs carry a high risk of investment loss due to leverage. You do not own or have any rights to the underlying instruments. NZ FSP 518226. Refer to the PDS on our website before making an investment decision.
Axi Financial Services (UK) Ltd:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Dubai (AFSPL DIFC):
Regulated by the DFSA. Restricted Speculative Investments (RSIs) are leveraged products that carry a high level of risk. It is possible to lose all of your capital.
AxiTrader Ltd:
CFDs carry a high risk of investment loss. Not available to AU, NZ, EU & UK residents.
Pros and Cons
✅ Pros | ❌ Cons |
Axi is regulated by top-tier agencies | Only MetaTrader 4 is available |
Axi provides standard, professional, and advanced accounts | Axi does not have a proprietary trading platform |
Axi supports the use of MetaTrader 4 across devices | Crypto withdrawals are not available |
Users can trade forex and CFDs on equities, indices, commodities, and Crypto | Axi restricts customers from the United States and other regions |
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker | |
🥈 | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker | |
🥉 | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker | |
5 | Read Review | FSC, FSA, VFSC | USD 10 | Visit Broker | |
6 | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker | |
7 | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker | |
8 | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker | |
9 | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker | |
10 | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
In Conclusion
Axi stands out as a powerful forex and CFD broker that serves a diverse range of traders, from beginners to seasoned pros.
Faq
Withdrawal periods at Axi might vary, but the broker usually processes withdrawals within 1 to 3 business days. The precise time depends on the withdrawal method used and the regulations of the receiving bank or payment agency.
Yes, you can start with a Standard account at Axi and upgrade to a Pro account later if your trading requirements alter.
Broker | Website | |
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🥇 | Visit Broker | |
🥈 | Visit Broker | |
🥉 | Visit Broker | |
4 | Visit Broker | |
5 | Visit Broker | |
6 | Visit Broker | |
7 | Visit Broker |
Axi Select goes the extra mile in supporting its members’ growth as traders. The platform offers exclusive educational resources, including webinars and tutorials conducted by industry experts. This commitment to education not only enriches my trading knowledge but also enhances my overall trading performance.
Good day Max
We are so pleased to hear such a positive review!!
We know that the trading world can be daunting. however we are glad to hear our educational recourses are assisting and making trading easy
One of the key advantages of Axi is its competitive pricing structure. With low spreads and transparent fees, traders can execute transactions without worrying about hidden costs. Another benefit is the advanced charting software integrated into the platform, providing technical analysis tools essential for successful trading. Furthermore, Axi’s commitment to security ensures that traders’ funds and personal data are protected. For those seeking affordability, functionality, and security, Axi is a compelling choice.
Hi Portu,
We appreciate you taking the time to consider Axi and their offerings. Your review will be valuable to new traders seeking a smooth entry into the market!
The detailed historical data available on Axi is very useful for backtesting my trading strategies. Access to extensive data helps me refine my approach and develop more effective trading plans.
Good day Jesus,
We agree with your review! That’s fantastic to hear! Axi providing such detailed historical data is a valuable asset for any trader. Backtesting is a crucial step in developing and refining strategies, and having extensive data allows you to truly test your approach across different market conditions. Having this data improves trading plans.
Axi’s customer service is easily accessible through multiple channels, including live chat, email, and phone. The availability of support in different languages is also a significant advantage.
Thanks for highlighting the accessibility of Axi’s customer service! We agree on the fact that they offer multilingual support is a major plus for a global audience.
Axi’s platform is easy to use, and the range of trading instruments is excellent. I did experience some issues with the initial account verification process, but once that was sorted, my trading experience has been very positive.
Good day Nick,
Glad to hear things are on track! Thanks for the review.
I appreciate the regular updates and communication from Axi’s support team. They keep me informed about platform updates, new features, and market insights.
The 10% profit sharing in Axi Select’s Seed stage for August is an exciting opportunity for traders. It allows early financial gains and motivates traders to perform their best. Axi’s initiative is a game-changer in the trading industry.
Thank you for sharing your experience with Axi’s platform. We are glad to hear they are meeting your trading needs.