Axi
- Written By thinkforexbrokers
- Updated:
Axi is a well-known online broker that gives traders access to Forex and CFDs across a mix of markets, including currencies, commodities, indices, equities, and more. It’s a platform built for different types of traders — from complete beginners to high-volume professionals — with trading conditions that are generally considered quite competitive.
In this review, we’ll look at the key points you might want to think about before deciding if Axi is the right broker for you. While the company has plenty of positives, its overall Trustpilot rating tells a slightly mixed story. At the moment, Axi holds a 4.5 out of 5 stars from around 3,793 reviews. About 74% of users gave the broker a full 5-star rating, showing a strong level of satisfaction, though around 9% of reviewers had a poor experience and left just 1 star.
Overall Summary Axi | |
Year Founded | 2007 |
Minimum Deposit | $0 for certain Axi entities; $5 for Standard and Pro accounts; $25,000 for Elite Account |
Tradable Instruments | Forex, Shares, Indices, Commodities, Cryptocurrencies, IPO Shares |
Open an Account | How to Open an Account at Axi |
Trading Costs | Spreads, Fees, and Commissions at Axi |
Key Pros and Cons
Let us first provide a quick snapshot of Axi’s advantages and disadvantages.
- Key Pros
- Regulated in multiple jurisdictions
- Advanced trading platforms
- Tight spreads, low commission fees, fast execution speeds
- Various deposit/withdrawal methods
- AutoChartist and other powerful trading tools
- A good selection of educational resources
- Responsive client support team
- Key Cons
- No clients from the United States, Australia, and New Zealand
- No MetaTrader 5 trading platform
Company Information
The Incorporation of Axi in 2007
Axi started back in 2007 in Australia as a financial services provider. Over the years, it has grown into an online broker that gives traders access to a wide range of financial markets through modern trading platforms. The broker is known for offering some of the strongest trading conditions in the industry, including ultra-tight spreads starting from 0.0 pips, deep liquidity, flexible leverage options, and a few other perks that appeal to both new and experienced traders.
Tens of Thousands Clients in Over 100 Countries in 2025
Since its launch, Axi has expanded into a global retail broker with offices spread across the UK, Australia, South Africa, and Saint Vincent and the Grenadines. Over the years, it has earned multiple industry awards and built a client base of more than 60,000 traders across 100+ countries. Back in 2020, the company reported trade volumes exceeding $2.5 trillion. More recently, in 2024, Axi picked up several awards, including “Most Trusted Broker” in Latin America and Asia, as well as “Best Copy Trading Platform” in the MENA region.
Axi Group is comprised of the following corporate entities with their respective regulated offices:
AxiCorp Financial Services Pty. Ltd. is regulated by ASIC and operates out of its office at Level 13, 73 Miller Street, North Sydney, NSW 2060, Australia.
Axi Financial Services (UK) Pty. Ltd. is regulated by the FCA, with its office located at 36–38 Leadenhall Street, London, EC3A 1AT, United Kingdom.
Solaris EMEA Ltd. is regulated by CySEC and is based at Anexartisias 187, SOHO Office, Level 2, Limassol 3040.
AxiCorp Financial Services Pty Ltd is regulated by the DFSA and operates from Unit OT 19-39, Level 19, Central Park Offices, DIFC, PO Box 507299, Dubai, UAE.
AxiTrader Limited, registered in Saint Vincent and the Grenadines and regulated by the FSA, has its office at Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines.
AxiCorp Financial Services Pty Ltd is licensed by the FMA and maintains its office at Level 4, 4 Graham Street, Auckland, 1010, New Zealand.
Axi South Africa is based at 61 Katherine Street, Dennehof, Sandton, 2196, South Africa.
It’s worth noting that Axi does not provide services to clients in certain regions, with the United States being one of them.
Catering to Traders Worldwide
One of the impressive features of AvaTrade is its truly global reach, which is something that will appeal to traders all around the world. Their website is configured for over 25 separate countries and regions and supports at least 20 different languages.
Multiple Industry Awards
AvaTrade has won multiple industry accolades from reputable outlets, such as The European, International Business Magazine, FXEmpire, and Daytrading.com.
Why Trade with Axi?
Now, let us provide a quick list of the key features that we like about Axi.
Aspect | What we like |
Regulation | Reputable broker, regulated in multiple jurisdictions: ASIC, the FCA, and FSA |
Pricing | Raw spreads and competitive commissions |
Execution | Direct access to over 20 top-tier liquidity providers and use co-located servers in key locations worldwide to ensure faster execution, more accurate pricing, and fewer slippages. |
Trading | Multiple financial assets: forex, share CFDs, indices, precious metals, oil, cryptocurrency, commodities, etc. |
Platforms | MetaTrader 4 trading platform and various advanced trading tools. |
Customer Support | Award-winning, 24/5 support service via various contact channels |
Regulation
Axi is a well-regarded broker that holds licenses in several jurisdictions.
In Australia, where the company is headquartered, Axi is regulated by the Australian Securities & Investments Commission (ASIC) under AFSL number 318232 one of the most reputable regulatory bodies in the region.
In the United Kingdom, Axi operates through AxiCorp Limited, registered in England and Wales under company number 06378544. It is authorized and supervised by the Financial Conduct Authority (FCA), under Reference Number 509746. For its European operations, Axi is licensed by the Cyprus Securities and Exchange Commission (CySEC) with license number 433/23. Both the FCA and CySEC require participation in their investor compensation schemes, which means clients in the UK and EU are covered for up to £85,000 and €20,000 respectively if the broker were ever to become insolvent.
Outside these regions, Axi provides services through AxiTrader Limited, incorporated in St. Vincent and the Grenadines (registration number 25417 BC 2019) and registered with the Financial Services Authority (FSA) there. However, it’s worth noting that FSA regulation in this jurisdiction is generally considered less strict compared to the standards set by ASIC or the FCA.
Below is a summary of the different regulatory frameworks under which Axi operates.
Flag | Region | Entity | Authority | License Number |
 | Australia | AxiCorp Financial Services Pty. Ltd | Australian Securities & Investments Commission (ASIC) | AFSL No. 318232 |
| New Zealand | AxiCorp Financial Services Pty. Ltd | Financial Markets Association (FMA) | License No. 518226 |
| Europe | Solaris EMEA Ltd | Cyprus Securities and Exchange Commission (CySEC) | License No. 433/23 |
| Dubai | AxiCorp Financial Services Pty Ltd Dubai Branch | Dubai Financial Services Authority (DFSA) | Reference Number: F003742 |
| UK | Axi Financial Services (UK) Ltd | Financial Conduct Authority (FCA) | ReferenceNumber: 466201 |
| Internationally | AxiTrader Ltd | Financial Services Authority (FSA) | Registration Number: 25417 BC 2019. |
Given its oversight by both ASIC and the FCA, Axi’s regulatory standing can be considered quite strong.
That said, the broker is not regulated by the CFTC, which means it cannot legally offer services to clients based in the United States.
Regulation
4/5
- Multi-jurisdiction regulation develops trust
- FCA regulation translates into GBP 85,000 compensation per covered client
- FSA regulation translates into higher leverage allowed: up to 1:1000
KYC Procedure for Account Creation and Depositing
Opening a live trading account with Axi is a simple process. In our case, it took less than 10 minutes to complete the application, and the account was verified within 24 hours. The procedure itself is pretty standard for the industry and usually involves the following steps:
Create your login – Just provide a valid email address and set up a password.
Enter your personal details – This includes your full name, date of birth, residential address with postcode, city, and phone number.
Select your trading account – Pick the platform you want to use and the account type that suits you best (Standard, Pro, or Islamic).
Complete the suitability check – As is standard in the industry, Axi will ask questions about your employment, income sources, and trading background. If your answers meet the broker’s criteria, you’ll be approved to move forward. If not, your application may be declined.
Agree to the terms – Simply check the required boxes to confirm that you accept Axi’s Terms and Conditions..
Verify your documents – Upload proof of identity (such as a passport, national ID, or driver’s license) along with proof of residence (like a recent utility bill or bank statement issued within the last three months) so Axi can complete the account verification process.
The verification process usually takes up to 24 hours. Once you’ve completed the registration forms and uploaded the required documents, you’ll just need to wait for Axi to confirm your account. As soon as it’s verified, you can go ahead and fund your trading account using any of the payment options listed on the broker’s website. All transactions are protected with encryption, ensuring your personal information remains secure.
Account Opening
4/5
- Fast sign up process (up to 10 minutes)
- Sign up includes a suitability test
- Website is encrypted for optimal protection
Account Types
Axi provides several types of live trading accounts. While each account has its own advantages, they also share a number of common features. For example, all accounts support the same base currencies, including AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, and USD. It’s up to each trader to choose the account type that best matches their goals and trading style. The main options available are:
Standard Account
The Standard account is designed with beginners in mind. It has no set minimum deposit requirement, so traders can start with whatever amount they’re comfortable with. That said, the actual minimum can vary depending on the Axi entity you’re registered under. For example, clients in the UK and EU need to deposit at least $5, while those in Australia and New Zealand must start with $200.
This account type is straightforward, with spreads starting from 0.7 pips and no trading commissions. The minimum trade size is 0.01 lots. As for leverage, it goes up to 1:30 for traders under ASIC, FMA, FCA, and CySEC regulations, while the FSA-regulated branch of Axi allows leverage as high as 1:1000.
Pro Account
The Pro account is tailored for experienced traders and those who trade larger volumes. It stands out for its tight spreads starting from 0.0 pips, low minimum deposit requirements, and access to a broad range of instruments. The minimum trade size is 0.01 lots, and Gold trading is available from as little as 5 cents.
Deposit requirements depend on the region. In some cases, traders can open a Pro account with no minimum deposit at all, though clients in the UK and EU need at least $5. For those registered under ASIC or FMA regulation, the minimum deposit is set at $500. Unlike the Standard account, the Pro account does charge a commission $7 per round trip.
Leverage is the same as on the Standard account: up to 1:30 in regions with stricter regulations (ASIC, FMA, FCA, CySEC), and up to 1:1000 for clients registered under the FSA-regulated entity.
Elite Account
For traders looking to move beyond standard retail accounts and access higher leverage, Axi offers the Elite account. This option is aimed at serious, high-volume traders since it requires a minimum deposit of $25,000.
With the Elite account, spreads are as tight as raw prices (similar to the Pro account), but the overall trading costs are lower thanks to a reduced commission of $3.50 per round trip. Retail clients who qualify as wholesale traders can access leverage of up to 1:400. In regions without leverage restrictions, Elite account holders can trade with leverage as high as 1:1000.
Feature | Standard | Raw | Pro |
70 FX pairs | |||
CFDs on major indices, commodities, metals and bonds | |||
ECN Execution | |||
Minimum account balance | $0 with some entities;$5; $200 (ASIC, FMA) | $0 with some entities;$5; $500 (ASIC, FMA) | $25,000 |
Web and desktop platforms, MT4 and mobile apps | |||
Unlimited free wire transfers | |||
No requotes | |||
Negative balance protection | |||
Fully automated execution | |||
24/5 support | |||
Variable contract sizes (as low as 0.01 lot) | |||
Joint account | |||
Corporate account |
Islamic Account (Swap-Free)
Axi also provides a swap-free account option for Muslim traders who wish to trade without paying or receiving interest. This account is fully compliant with Sharia law, ensuring that all instruments can be traded without any swap fees or interest charges.
Demo Account
Axi also offers a demo account, which comes preloaded with virtual funds for practice use. It’s a useful tool for both beginners and seasoned traders. New traders can explore the platform and get comfortable without risking real money, while experienced traders can use the demo environment to test and fine-tune their strategies before moving to a live account.
Account Types
4/5
- Three main account types: Standard, Pro, and Elite
- Islamic Account available
- Demo Account available
Trading Fees and Other Costs
When choosing a broker, one of the first things traders usually look at is the cost of trading. Axi, like other Forex and CFD brokers, has a few different types of fees you should be aware of. The main ones include:
- Trading fees – spreads, commissions, and overnight financing rates;
- Non-trading fees – account management fees, deposit and withdrawal fees, non-activity fees.
Let us take a quick look at the trading fees that are available at Blackbull Markets.
Costs/fees | What is this? | With Axi |
Spreads | This refers to the difference between the bid and ask prices, so it is incorporated into the price quotes. If the bid-ask spread is high, it means higher costs. | |
Commission | This refers to a flat fee paid per position. It is an alternative to charging via the spread. | |
Financing charges | This refers to the cost of holding a position active overnight. | The broker will not charge an extra fee on top of standard swap rates. |
Deposit fees | These are the fees the broker charges to fund your account. | None (see more in Deposit Methods below) |
Withdrawal fees | These are the fees the broker charges to withdraw money from your account. | None (see more in Withdrawal Methods below) |
Inactivity fees | These are fees the broker charges on dormant accounts. | None |
Spreads
Similar to other major competitor brokers, there are two different pricing models on Axi’s main account types:
- Standard Account – all-inclusive spread only;
- Pro Account – ultra-thin spreads (starting from 0.0 pips) + a commission of USD 7.0 per round turn.
- Elite Account – raw spreads (starting from 0.0 pips) + a commission of USD 3.50 per round turn.
Let us take a look at the average spreads offered on the Standard and Pro account types as they are the two options available to retail clients and low-volume traders:
Standard Account vs Pro Account | ||
Instrument | Standard Account | Pro Account |
EUR/USD | 1.2 pips | 0.2 pips |
GBP/USD | 1.3 pips | 0.5 pips |
USD/JPY | 1.3 pips | 0.5 pips |
On the Standard account, Axi adds a small mark-up of about 1 pip to the average spread when trading the EUR/USD pair to cover costs.
To put this into perspective, let’s compare the trading expenses for the Standard and Pro accounts. Suppose you place a 1 Lot trade on EUR/USD, where a one-pip move equals $10, and the trade is opened and closed at the same price. Based on the average spreads, the costs for each account would look like this:
Costs of opening a trade on Standard Account vs Pro Account | |
Pricing option | Cost |
Spread-only pricing | $10 |
Spread for Standard Account | 1.2 pips |
Commission for Standard Account | No commission |
TOTAL COST for Standard Account | 1.2 x $10 = $12 per side and $24 per round turn |
Spread for Pro Account | 0.2 pips |
Spread cost | 0.2 x $10 = $2 per side and $4 per round turn |
Commission for Pro Account | $3.50 per side and $7 per round trip per standard lot |
TOTAL COST for Pro Account | $7 + $4 = $11.0 per round turn per standard lot |
This shows that the Pro account is noticeably more cost-effective to trade with.
Next, let’s see how the average spreads on Axi’s Standard account stack up against those offered by other leading brokers on the three most traded currency pairs.
Instrument | Axi | IC Markets | Fusion Markets | IG Markets |
EUR/USD | 1.2 pips | 0.82 pips | 0.93 pips | 0.86 pips |
GBP/USD | 1.3 pips | 1.03 pips | 1.00 pips | 1.84 pips |
USD/JPY | 1.3 pips | 0.94 pips | 1.7 pips | 0.96 pips |
USD/CHF | 1.5 pips | 0.99 pips | 1.7 pips | 1.95 pips |
AUD/USD | 1.3 pips | 0.83 pips | 0.91 pips | 1.07 pips |
USD/CAD | 1.3 pips | 1.05 pips | 0.99 pips | 2.14 pips |
NZD/USD | 1.4 pips | 1.38 pips | 1.10 pips | 2.52 pips |
From this comparison, it’s clear that Axi’s spreads are a little higher than those of some of the major industry players, like IC Markets and IG Markets.
Commissions
With the Standard account, Axi doesn’t charge any trading commissions. The Pro account, however, comes with a commission of $3.50 per lot per side (which works out to $7 for a full round trip).
This means:
- for a 1 Standard Lot trade (100,000 units), you will pay a $7.0 commission to open and close the position;
- for a 1 Mini Lot trade (10,000 units), you will pay a $0.7 commission to open and close the position;
- for a 1 Micro Lot trade (1,000 units), you will pay a $0.07 commission to open and close the position.
A $7 commission for a 1 Lot trade is in line with what many other brokers, like IC Markets, charge, though it’s not the absolute lowest in the market. For instance, a comparable trade on Fusion Markets’ zero-spread account comes with a $4.50 round-trip commission, which is currently one of the most competitive offers available. On the other hand, Axi’s Elite account holders benefit from even lower costs, with commissions set at $1.75 per side, or $3.50 for a full round trip.
Spreads & Commissions
3.5/5
- Fair Standard Account spreads
- Good Pro Account spreads
- Fair Pro Account commissions
Financing Charges
A swap rate is the interest that’s either charged or earned when you hold a forex position overnight, often referred to as a rollover fee.
At Axi, you can check the swap charges for any currency pair directly in the MT4 platform by following these steps:
Right-click on a pair in the ‘Market Watch’ panel Select ‘Symbols’
Choose the symbol you wish to view, then select ‘Properties’. Next, the features of the currency pair, including the relevant swap rates, will be displayed
Deposit fees
Axi will not charge any deposit fees; this has already become a fairly standard practice among major brokerages – for more details see Deposit Methods
Withdrawal fees
Axi does not charge any fees when you withdraw funds, regardless of the payment method you use. However, if you make an international bank wire transfer, your bank may apply a receiving fee. This fee is not charged by Axi but by your bank, and it will be your responsibility. For more details, see the section on Withdrawal Methods.
Inactivity fees
Axi does not impose any inactivity fees, even if your account remains unused for a while. This sets it apart from many larger brokers, where inactivity charges are common. It’s definitely a welcome advantage for traders who may not trade consistently.
Inactivity Fees
5/5
- No Inactivity charge
Overall on Fees
Axi provides raw spreads, reasonable commission structures, and avoids adding unnecessary fees beyond standard overnight financing charges. On top of that, traders benefit from the absence of non-trading costs, which is a welcome advantage compared to many other brokers.
That said, Axi doesn’t score a perfect mark on fees. The $7 per round-turn commission on the Pro account is noticeably higher than what some competitors, such as Fusion Markets, charge. Although the Elite account offers much lower commissions, it’s tailored to high-volume traders, meaning only those with larger positions can realistically access those savings.
Trading Fees and Other Costs
4/5
- Fair spreads on Standard Account
- Very competitive spread on Pro Account
- No extra fees on top of standard swap rates
- No non-trading fees
- Commissions are slightly higher than those of some competitors
Desktop Trading Platforms
The broker provides traders with the popular MT4 trading platform.
MetaTrader 4
In addition to its standard features, Axi’s MT4 platform provides access to several advanced tools and add-ons that enhance the overall trading experience. Traders can use Autochartist, a powerful market scanner that automatically identifies chart patterns, Fibonacci levels, and key trading opportunities in real time. The MT4 NexGen upgrade further enhances the platform by offering sentiment analysis, advanced trade management, and improved order execution. For those who rely on automated strategies, VPS hosting ensures uninterrupted 24/7 connectivity for expert advisors (EAs). Axi also integrates PsyQuation, an AI-driven analytics tool that provides personalized insights to help traders improve their performance. Additionally, the broker offers DupliTrade, a copy-trading solution that enables users to mirror the strategies of experienced traders. Together, these tools make Axi’s MT4 offering highly versatile—suitable not only for beginners but also for advanced and automated traders.
Autochartist : Autochartist is an advanced trading tool designed to keep traders ahead of the curve. It automatically scans the markets, identifies emerging patterns, and highlights potential trading opportunities based on real-time price movements. By providing actionable insights drawn from market behavior, it helps traders save time on analysis and make more informed trading decisions.
PsyQuation with Axi : PsyQuation with Axi acts like a personal trading coach, helping traders refine their strategies and decision-making. The platform analyzes your trades in detail, highlights potential mistakes, and provides customized alerts aimed at improving performance and profitability. By offering personalized insights, PsyQuation supports traders in developing better habits and achieving more consistent results.
MT4 NexGen : MT4 NexGen is an exclusive plugin designed specifically for Axi clients, offering a more advanced and versatile trading experience. It enhances the standard MT4 platform with additional features such as improved order management, sentiment trading tools, and advanced trade management capabilities. With MT4 NexGen, traders can benefit from a more comprehensive set of tools to refine their strategies and make informed trading decisions.
MT4 VPS Hosting : MT4 VPS Hosting provides traders with uninterrupted 24/7 connectivity, making it an excellent solution for those who rely on automated or copy trading strategies. With this service, executions remain smooth and consistent without disruptions, ensuring trades are carried out reliably regardless of local internet or power issues.
Even more, Axi’s MetaTrader 4 platform offers you the following benefits:
Reliable and fast order execution
Competitive pricing across the broker’s entire Forex and CFD product list
An easy-to-fill order panel that allows you to trade micro-lots
Trailing stop loss orders
Axi App
Although not yet available to all clients, Axi’s proprietary trading platform – the Axi App – is one of the broker’s latest innovations. It provides access to over 450 instruments, including Forex, Commodities, Shares, Indices, and more. With its clean, user-friendly interface, the platform caters to both beginners and experienced traders alike. Users can open either Demo or Live accounts and trade under conditions that best suit their style. Some of the standout features include advanced charting powered by TradingView, lightning-fast order execution, and multi-lingual customer support, making the Axi App a versatile addition to the broker’s trading solutions.
Copy-trading with Axi
Axi also provides a seamless copy trading experience through its Axi Copy app, enabling clients to mirror the trades of seasoned signal providers and potentially benefit from their successful strategies. The app is available for download on both Android and iOS devices, and once connected to your MT4 account, it allows you to follow and replicate the trades of any chosen provider on the platform. To help manage the inherent risks of copy trading, the Axi Copy app includes customization options such as adjusting trade size and setting personal risk tolerance, giving traders more control over their copied trades.
Desktop Platforms
3.5/5
- MT4 trading is available
- Axi proprieatry platform for offshore clients
- Multiple advanced trading tools are available
- Copy Trading available via Axi Copy app
- MT4 VPS hosting
Mobile Trading Platforms
Axi gives traders access to a wide range of financial assets directly from their mobile devices through its trading apps. The popular MT4 platform is available in several formats, including a mobile app compatible with both Android and iOS devices. The MT4 mobile app condenses the full functionality of the desktop platform into a user-friendly interface optimized for smaller screens. It offers real-time interactive charts with commonly used technical indicators, allows trading on live Forex and CFD quotes, and supports all order types, including pending orders. The app requires Android 5.0 or later and iOS 12.0 or higher.
In addition, Axi’s proprietary platform is available for traders registered with its international FSA-regulated entity. This platform is also accessible as a mobile app, downloadable from both Google Play and Apple’s App Store, providing an intuitive and portable trading experience for users on the go.
Axi Mobile Trading Platform for Android | Axi Mobile Trading Platform for iOS | |
Minimum System Requirements | Android 6.0 and up | iOS 13.0 and up |
User Rating | 3.5 / 5 | 4.2 / 5.0 |
Downloads | 100K+ | n/a |
Supported Languages | English, Arabic, Portuguese, Spanish | English, Arabic, Portuguese, Spanish |
Forex Pairs | 70+ | 70+ |
Other Tradable Assets | Shares, Indices, Commodities, Cryptocurrencies | Shares, Indices, Commodities, Cryptocurrencies |
Features | Smart charting, analysis, automation & custom watchlists, lightning-fast trade execution, economic calendar, demo trading account. | Smart charting, analysis, automation & custom watchlists, lightning-fast trade execution, economic calendar, demo trading account. |
Biometric Authentication | Yes | Yes |
2-Factor Authentication | Yes | Yes |
Mobile Trading
4/5
- Third-party mobile apps for the MT4 trading platform is available
- Apps translate well from the desktop platform version
- Axi Platform and Axi Copy apps are available
Trading Instruments
Beyond Forex, Axi gives traders access to more than 450 financial instruments across various asset classes. However, compared to some major competitors like IG or IC Markets, the range of markets is somewhat limited. In particular, Axi does not offer CFDs on bonds, options, or interest rates, which reduces the overall diversity of available asset classes.
Asset Class | Axi | IC Markets | Fusion Markets | |
Forex | 70 | Okay | 62 | 79 |
Indices | 30 | Good | 23 | 11 |
Stocks CFDs | 100+ | Fair | 1,600+ | 110+ |
Cryptocurrency | 9 | Okay | 17 | 13 |
Commodities | 14 | Okay | 14 | 26 |
Bonds | 0 | N/A | 9 | 0 |
Futures | 7 | Okay | 4 | 0 |
Options | 0 | N/A | 0 | 0 |
Let us now take a closer look at the product list.
Forex
Axi offers more than 70 Forex currency pairs, covering major, minor, and exotic options, giving traders plenty of flexibility. Trading Forex with Axi also comes with added security, including negative balance protection.
One of the highlights of Forex trading with Axi is its competitive conditions. Traders can access leverage of up to 1:1000 (though UK and EU retail clients are limited to 1:30), benefit from raw spreads, and enjoy pricing advantages thanks to a diverse liquidity pool and advanced ECN execution technology. For instance, major Forex pairs can be traded with spreads as low as 0.1 pips on the Pro account, while the Standard account offers fair average spreads of around 1.2 pips on EUR/USD, which is competitive when compared with brokers like IC Markets and FP Markets.
CFDs
Axi gives traders access to a wide range of markets, offering over 450 financial instruments to trade as CFDs. Whether you’re new to trading or looking to diversify your portfolio, CFDs provide opportunities with margins as low as 1%, no brokerage fees, and no commissions on Standard accounts.
Traders can access leverage of up to 1:1000 on certain asset classes, enjoy flexible deposit and withdrawal options, and benefit from competitive spreads alongside fast execution speeds. Axi’s CFD offering includes stocks, indices, commodities, precious metals, and cryptocurrencies such as Bitcoin, Dash, Ethereum, Litecoin, and Ripple. In addition, cash indices and some commodities can be traded as Futures CFDs, adding more variety to the trading options.
That said, while Axi covers many major CFD markets, it does not provide Options CFDs, Interest Rate CFDs, or other more complex instruments that are typically geared toward professional traders.
Stock CFDs
Traders interested in some of the world’s most popular stocks can explore stock CFDs with Axi, which are offered commission-free. A stock CFD mirrors the performance of the underlying share—for instance, the Apple CFD tracks the price of Apple Inc. (AAPL). Unlike traditional stock investing, where you pay the full price upfront and profit only when the share price rises, trading stock CFDs lets you speculate on price movements in either direction.
CFDs also allow the use of leverage, meaning you don’t need large amounts of capital to take advantage of price fluctuations in major stocks. Axi provides a broad selection of share CFDs, currently offering around 50 options across the UK, US, and European markets. With zero commissions and competitive pricing, traders can maximize their opportunities while leveraging up to 1:30 (or 1:5 for clients in the UK, EU, and Australia).
Indices CFDs
An index is a financial instrument that reflects the performance of a whole market, a specific sector, or a group of assets. Trading indices is often considered less risky than trading individual stocks, as the performance of a single company has a limited effect on the overall index price.
Axi offers access to over 30 widely traded stock market indices, including the DOW, S&P 500, DAX 30, FTSE 100, EURO STOXX 50, and NASDAQ 100, all available as CFDs. Trading index CFDs with Axi is commission-free, and spreads start from just 0.2 points. The broker also provides leverage of up to 1:200, while UK, EU, and Australian retail clients can access leverage of up to 1:20.
Commodity CFDs
Commodity trading involves buying and selling raw materials like crude oil, wheat, corn, and rice, which play a vital role in the global economy. On Axi’s platform, crude oil is the most actively traded energy instrument.
When trading commodities with Axi, you’re not purchasing the physical asset itself—for example, you’re not buying an actual barrel of oil. Instead, you speculate on the price movements of the underlying asset through CFDs. This allows traders to potentially profit whether prices rise or fall. Axi also provides leverage of up to 1:100, while UK, EU, and Australian retail clients can access leverage up to 1:10.
Precious Metals
Axi gives traders the opportunity to invest in a variety of precious metals, including gold, silver, and copper, with highly competitive spreads, fast execution speeds, and leverage of up to 1:500 (for retail clients in the UK, EU, and Australia, leverage is capped at 1:20 for gold and 1:10 for other metals). The most popular instruments are Bullion Spot CFDs, such as gold, silver, and platinum against the US dollar (XAU/USD, XAG/USD, and XPT/USD).
These Bullion Spot CFDs are also available against other major currencies, including the Australian dollar, Swiss franc, Euro, and British pound. Additionally, precious metals can be traded as commodity futures CFDs, offering exposure to gold, silver, and copper futures markets. This variety allows traders and investors to diversify their strategies and gain flexible access to the metals market.
Cryptocurrency CFDs
When trading cryptocurrency CFDs with Axi, you don’t own the actual digital asset. Instead, you speculate on real-time price movements, allowing you to potentially profit whether the market moves up or down.
Axi provides access to major cryptocurrency CFDs, including Bitcoin, Dash, Ethereum, Litecoin, and Ripple, all tradable directly from the MT4 platform without needing a digital wallet. Traders benefit from low spreads, zero commissions, and leverage of up to 1:200 (with Australian and EU retail clients limited to 1:2). This setup makes crypto trading accessible, flexible, and suitable for a range of trading strategies.
Traded Instruments
3.5/5
- A vast diversity of tradable asset classes
- Leveraged trading on various instruments
- No Options and Bonds CFDs
Trade Execution
With the reliable MT4 trading platform, Axi ensures that trades are executed with remarkable speed and efficiency. The broker uses a true ECN model with no dealing desk intervention, providing fast order execution and boosting client confidence. Over more than a decade, Axi has built strong partnerships with top liquidity providers worldwide, enabling better pricing and more reliable trade execution.
Traditional ECN connections can be slow due to multiple network layers, cables, firewalls, and third-party platforms, which add latency and can cost traders. To overcome this, Axi connects directly to over 20 top-tier liquidity providers and uses co-located servers in key global locations. This streamlined setup results in faster execution, more precise pricing, minimal slippage, and direct order filling with no requotes.
Axi also offers access to various VPS providers to ensure uninterrupted trading. VPS hosting guarantees that your platform runs 24/7, supporting faster execution and zero downtime. One of Axi’s VPS partners, ForexVPS, provides state-of-the-art SSD servers in New York. Traders using the Basic VPS plan may receive up to $34.99 off the monthly fee if they trade more than 20 lots in a calendar month. Another option is the MetaTrader VPS, offered by MetaQuotes for $10 per month.
Trade Execution
3/5
- ECN execution with no dealing desk intervention
- Ultra-fast execution speed and low latency
- Direct access to over 20 top tier liquidity providers
Deposits
Axi sets a minimum deposit of $0 for Standard and Pro live accounts for clients registered under its FSA-regulated entity. However, residents of certain regions, including the UK and some EU countries, must deposit at least $5 to activate their Standard or Pro accounts. For clients registered with the ASIC and FMA entities, the minimum deposits are higher—$200 for Standard accounts and $500 for Pro accounts. Regardless of the entity, Axi does not charge any fees on deposits, though traders should be aware that payment providers may apply their own charges, which are outside the broker’s control.
The broker supports a variety of base currencies, including AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD. Having multiple base currency options helps reduce costs related to currency conversion. While some traders can deposit in their local currency through Axi’s various banking solutions, additional conversion fees may apply if the deposit currency differs from the currency of the live trading account.
Axi provides a wide range of deposit methods, allowing clients to fund their accounts conveniently and efficiently.
Method | Processing Time |
Credit/Debit Card | Instant |
POLi | Instant |
Bank Transfers | 1-3 days |
FasaPay | Instant |
Sofort | Instant |
GiroPay | Instant |
iDeal | Instant |
Neteller | Instant |
Bitcoin | Up to 15mins |
Skrill | Instant |
Boleto | Up to 12hrs |
Brazil Internat Banking (TED) | Up to 12hrs |
Chinese Internet Banking | Instant |
Thailand Internet Banking | Instant |
Vietnamese Internet Banking | Instant |
Indonesian Internet Banking | Instant |
Polish Internet Banking | Instant |
Hong Kong Internet Banking | Instant |
Malaysian Internet Banking | Instant |
Singapore Internet Banking | Instant |
Philippines Internet Banking | Instant |
South African Internet Banking | Instant |
Nigerian Internet Banking | Instant |
Kenyan Internet Banking & MPESA | Instant |
Ghana Internet Banking & Mobile Money | Instant |
Cambodian Internet Banking | 4hrs |
Laos QR Payments | 4hrs |
Myanmar QR Payments | 4hrs |
Global Collect | 3-5 days |
Currently, there are no deposit bonuses available with this brokerage.
Deposits Methods
4.5/5
- No minimum deposit
- Multiple base currencies
- No deposit fees charged
- Good selection of payment methods
- No deposit bonuses are available
Withdrawal Methods
Withdrawing funds from your Axi trading account is straightforward. Simply log in to the secure client portal to initiate a withdrawal. For first-time withdrawals, requests are typically processed within 1–2 business days.
While Axi handles withdrawal requests promptly, the actual receipt of funds depends on your bank’s processing times, which may vary. For example, international wire transfers can take between 2 and 5 days. The broker does not support third-party remittances in compliance with Anti-Money Laundering and Counter-Terrorism Financing regulations.
For international transfers, your bank may charge a receiving fee, which is your responsibility. Additionally, Axi requires proof of identity and proof of source of funds before processing withdrawals via international wire transfer, ensuring security and regulatory compliance.
Withdrawal Methods
4/5
- No withdrawal fees with most payment methods, except international bank transfers
- Minimum withdrawal of $50 for bank transfers
- Timely withdrawal request processing
Customer Support Contacts
Axi provides a professional and responsive client support team that is available to assist traders five days a week, from Monday to Friday, 24 hours a day. The support staff are courteous and knowledgeable, ensuring that your queries are handled efficiently. Clients can reach the support team through a variety of channels for quick and convenient assistance.
Support Contact | Available | Response |
Live Chat | 24/5 | Less than 30 seconds |
Telephone contact | 24/5 | Within several minutes |
Email contact | 24/5 | Within several hours |
FAQs | 24/7 | On the website |
Live Chat : Live Chat is a convenient way to communicate directly with Axi’s support team in real time. You can access it by clicking the “Help” icon located at the lower-right corner of the website. Initially, a chatbot will appear to guide you toward helpful resources. If you still need assistance, a “Get in touch” button will appear, allowing you to start a live conversation with a member of the customer support team.
Telephone contact : Telephone support is another way to reach Axi’s customer service team, available during local business hours. Traders can call the broker’s offices directly using the phone numbers provided for different locations. This option allows for quick, personal assistance when needed.
- Australia – 1300 888 936
- China – 400 8907839
- Germany – 0800 7244085
- Hong Kong – 800 903 578
- Indonesia – 0018030164060
- Malaysia – 1800 81 6529
- New Zealand – 0800 7244085
- Singapore – 800 120 6765
- Spain – 80 060 01 30
- Thailand – 001800120664622
- United Kingdom – 0800 018 3306
When we reached out to Axi’s Australian office during local business hours, we received a response in approximately three minutes. The support team was courteous and provided all the information we needed, making the interaction smooth and efficient.
Email Contact : Email support is available for more specific inquiries. You can reach the team at service@axi.com . When we contacted them during business hours, we received a reply within a few hours. The response was clear, polite, and addressed all our questions efficiently.
Submit Request : Another way to get in touch with Axi’s support team is through the “Submit Request” form on their website. You simply fill in your details along with your query, and the team will respond within 24 hours, either via email, phone, or WhatsApp.
Knowledge Base : Axi also provides a Knowledge Base, which is a comprehensive collection of frequently asked questions. It covers common topics such as account management, billing, trading accounts, MT4 functionality, and market-related queries, making it a useful resource for both new and experienced traders.
We should also mention some of Axi’s awards for their satisfactory services:
- Best MT4 Forex Broker: atozmarkets.com, 2019
- Best Forex Broker Europe: forex-awards.com, 2019
- Best Forex Broker Middle East: forex-awards.com, 2019
- Best EMEA Region Broker: ADVFN International Financial Awards, 2020
- Best CFD Provider: Shares Awards, 2021 and 2022
- Best Forex Provider: Online Money Awards, 2023
- Best Forex Trading Platform: Online Money Awards, 2023
While Axi offers a good support service, they do not deserve our top mark here since they do not offer support service over the weekend (only Mondays to Fridays), unlike peers such as IC Markets.
Support Contact
4/5
- Live Chat experience was outstanding
- Extensive FAQs section
- Phone contact during local business hours
- No support over the weekend
- WhatsApp contact available
- Email support available
Research and Educational Materials
Axi provides a solid selection of educational resources designed to help traders make informed decisions. Their learning materials include MT4 video tutorials, live seminars and webinars, free eBooks, the Axi Blog, Axi Academy, and more. These resources cater to traders at all levels, offering practical insights, step-by-step guidance, and up-to-date market information to support better trading strategies.
A rich blog containing various market analyses and educational content
A news section that keeps traders up to date with the latest events in the markets.
Video tutorials on the following topics:
- How to install MetaTrader 4
- Manage open trades in the MT4 terminal
- Basic functions of MT4
- MetaTrader 4 Navigator
- Place a trade in MetaTrader 4
- Types of orders in MT4
- How to use Market Watch
- Loading charts to MetaTrader
- Backtesting with Axi MetaTrader
Free webinars are conducted regularly, where you can access live analysis from Axi experts and acquire new skills in real-time.
Ebooks on various trading topics
Research & Education
4/5
- Good educational content
- Regular seminars and webinars
- MT4 video tutorials
- Axi blog and trading academy
Security and Money Guarantees
At bestbrokers.com, we recommend that traders only transact with well-regulated online brokers, and Axi is one of such. Our key findings include:
- Over a decade of business history and growth
- Top-tier ASIC and FCA regulation
- FSCS and ICF compensation for UK and EU clients
- Award-winning brokerage
The FCA and ASIC are considered top-tier regulatory authorities, giving traders confidence that a broker operates transparently and ethically. Tier 1 regulation requires that all client funds be kept in segregated accounts at highly rated banks, separate from the broker’s corporate funds. This setup helps minimize the risk of misuse or fraudulent activity by the brokerage.
Additionally, retail clients in the UK benefit from protection under the Financial Services Compensation Scheme, which provides coverage in the unlikely event of the broker’s insolvency, as noted earlier in this review.
Entity | Regulator | Amount covered | Negative Balance Protection |
AxiCorp Financial Services Pty. Ltd | Australian Securities & Investments Commission (ASIC) | N/A | |
AxiCorp Financial Services Pty. Ltd | Financial Conduct Authority (FCA) | £85,000 | |
Solaris EMEA Ltd | Cyprus Securities and Exchange Commission (CySEC) | €20,000 | |
Axi (Saint Vincent and Grenadines) | Financial Services Authority (FSA) | N/A | |
AxiCorp Financial Services Pty. Ltd | Financial Markets Association (FMA) | N/A | |
AxiCorp Financial Services Pty. Ltd | Dubai Financial Services Authority (DFSA) | N/A |
Axi has earned multiple industry awards from reputable organizations such as Forex-Awards.com, Atozmarkets.com, and the ADVFN International Financial Awards. Among its accolades are Best MT4 Forex Broker, Best Forex Broker Europe, Best Forex Broker Middle East, and Best EMEA Region Broker, reflecting its strong reputation and performance in the trading industry.
Security of funds
3.5/5
- Stringent ASIC and FCA regulation
- FSCS compensation under FCA
- Multiple industry awards
Conclusion
Overall, our team at BestBrokers.com considers Axi a solid choice for both beginner and professional traders seeking fair and competitive trading conditions. Our conclusion is based on several key factors, including:
- Fair pricing
- Raw spreads, high liquidity, flexible leverage
- Innovative trading technology
- Lightning-fast execution via the MT4 platform
- Award-winning 24/5 customer service
- Free education to sharpen your skills
- Self-service portal and multilingual support
- Fully licensed and regulated since 2010
Overall
4/5
- ECN brokerage, which translates into fast execution and improved trust for clients
- Low trading costs and no non-trading costs
- Good selection of trading platforms and additional tools
- Opportunity to trade over 450 financial instruments
