Axi Overview
| Website | axi.com |
| Year Founded | 2007 |
| Countries of Registration | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom |
| Website Languages | English, Spanish, Portuguese, French, Italian, Arabic, Japanese, Chinese (Simplified & Traditional), Vietnamese, Thai, Indonesian |
| Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA |
| Broker Type | STP |
| Dealing | A-book |
| Minimum Deposit | $1 |
| Account Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform |
| Trading Assets | Currencies, Indices, Shares (CFDs), Commodities, Cryptocurrencies |
Founded with a vision to simplify the trading experience, Axi has grown into a trusted name in the world of online brokerage. With its roots in a commitment to transparency and accessibility, Axi offers traders a straightforward path to engage with the markets. The broker provides a range of platforms, including the ever-popular MetaTrader 4, ensuring that both novice traders and seasoned professionals have the tools they need to succeed. Axi’s approach to trading is built on a Straight-Through Processing model, allowing for quick and seamless execution, which is particularly appealing for those who thrive in fast-paced environments. Over the years, Axi has expanded its offerings, catering to a diverse clientele drawn from various corners of the globe. From forex to commodities and even cryptocurrencies, the broker accommodates a wide spectrum of trading preferences. Whether you’re a cost-sensitive scalper seeking low spreads or a strategic trader looking for advanced tools and resources, Axi provides an accommodating environment. With flexible funding options and a commitment to ongoing support, Axi is positioned to empower traders on their journey, no matter where they are starting from.
Brief look at Axi
Axi is a multi-regulated broker founded in 2007 with a straightforward account setup: commission-free Standard or raw-spread Pro, and a VIP Elite tier. Traders can use MT4, MT5 (in selected regions), or the Axi Trading Platform, plus a dedicated Copy Trading app. The product list spans Forex, indices, commodities, 100+ share CFDs, ~30 crypto CFDs, and ETF CFDs. Add-ons include Autochartist, Trading Central, VPS, and the Axi Select funding program.
Pros
- Multi-entity regulation
- Elite VIP with ~$25k balance and $3.5 commission per lot
- Solid toolkit: Autochartist, Trading Central, VPS options
- Flexible funding incl. cards, e-wallets, and crypto; broad base currencies
Cons
- Inactivity fee after 12 months of no trading
- Share CFD universe is modest (~100 names) vs. largest competitors
- Elite requires high balance; not suitable for small accounts
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Axi Reviews
Axi has been a fantastic broker for my trading needs. The demo account helped me get comfortable with their platforms, MT4 and MT5. The minimum deposit is reasonable, and I appreciate the low spreads. I highly recommend this broker!
9/15/2023I had a smooth sign up process with Axi, and the app is quite user-friendly. The withdrawal time is quick, which is a huge plus for me. The leverage options are also impressive. Overall, a solid broker!
10/2/2023While Axi offers good account types and a decent bonus for new users, I found their customer support lacking at times. The spreads are competitive, but I expected a bit more from a broker of their reputation.
8/20/2023I've been trading forex with Axi for a couple of months now. The login process is straightforward, and I appreciate the various account types available. I also like the rebate program they offer. Overall, a good experience!
9/30/2023Axi is one of the best brokers I've used. The trading environment is great, and the ability to download their trading platforms is a big advantage. My withdrawal times have been fast, and I love the flexibility in leverage. Definitely worth it!
10/5/2023Leave a Review
Is Axi regulated?
| Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) |
| Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom |
| Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA |
| Investor Protection | FSCS |
| Investor Protection Size | £85 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Axi Account Types
| Property | Standard | Pro |
|---|---|---|
| Min Deposit | $1 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 pips | 0.0 pips |
| Fee | No | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 20% | 20% |
| Margin Call | 100% | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Axi Funding and Fees
| Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) |
| Inactivity fee | $10/month after 12 months of no trading activity |
| Interest on margin | |
| Withdrawal Fee |
Axi Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform |
| Execution Speed | - ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
Axi Trading Assets
| Currencies | 69 |
| Indices | 31 |
| Stocks | 144 |
| Cryptocurrencies | 35 |
| Bonds | 0 |
| Metals | 8 |
| Energies | 5 |
| Soft Commodities | 3 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Axi Support
| service@axi.com | |
| Phone | +61 2 9965 5830 |
| Telegram | Telegram |
| YouTube | YouTube |
| TikTok | TikTok |
Axi Alternatives
| Broker | Axi | Pepperstone | IC Markets | Exness | Eightcap | XM |
|---|---|---|---|---|---|---|
| Type | STP | ECN, DMA | ECN, DMA | MM, STP, ECN | ECN | MM |
| Minimum Deposit | $1 | $1 | $200 | $10 | $100 | $5 |
| Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA | SFSA, ASIC, CySEC, CMA | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | ASIC, SCB, CySEC, FCA, SFSA | BFSC, CySEC, ASIC, DFSA |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | low | low | low | low | low | low |
| Leverage | 1:500 | 1:500 | 1:500 | 1:2000 | 1:500 | 1:1000 |
| Assets | Currencies, Indices, Shares (CFDs), Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Forex, Indices, Shares, Commodities, Cryptocurrencies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
Is Axi Right for You?
Axi stands out in the brokerage landscape with its multi-entity regulation and a robust toolkit that includes Autochartist, Trading Central, and VPS options. The broker offers flexible funding methods, accommodating various preferences, including credit/debit cards, e-wallets, and cryptocurrencies. With commission-free Standard accounts and a dedicated Copy Trading app, Axi caters to a diverse range of traders seeking a reliable trading experience. However, potential users should be aware of some drawbacks, including a $10 monthly inactivity fee after 12 months of no trading activity. The range of share CFDs is somewhat limited compared to larger competitors, and the Elite VIP tier requires a substantial balance of around $25,000, which may not be suitable for smaller accounts. Overall, Axi is recommended for experienced traders or those with a solid capital base who can take advantage of its advanced tools and features. However, novice traders or those with limited funds may find better options elsewhere, especially if they prefer to avoid inactivity fees or require a wider selection of share CFDs.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
