Axi
Published: Updated:
- Trust score
- 5/10
- Legal simplicity
- 5/10
- Min. deposit
- 0
- Trading platforms
- Instruments
- Forex, Indices, Commodities, Metals, Energies, Stocks, Cryptocurrencies
- Legal entity
- AxiCorp Financial Services Pty Ltd
- Jurisdiction
- Australia
- Fees
- Standard accounts price the cost into the spread with no commission; Pro accounts quote raw spreads from 0.0 pips with a commission per lot. Overnight swaps apply, and swap-free accounts are available on request.
- Withdrawals
- Withdrawals return to the funding method and are normally processed the same business day when requested before the daily cut-off. Axi does not generally charge a withdrawal fee.
- Available in
Features
- Seminars and training
- Low minimum deposit
- Copy trading
- Islamic accounts
- Segregated accounts
- Scalping allowed
- Affiliate program
- Wide range of trading instruments
Pros
- No specific advantages are documented for Axi.
Cons
- No specific drawbacks are documented for Axi.
Axi, formerly AxiTrader, is a forex and CFD broker founded in Australia in 2007. The Axi Group runs four regional entities — Axi AU (ASIC), Axi UK (FCA), Axi UAE (DFSA) and Axi SVG (FSA) — each under different leverage rules. It offers MT4 trading, a $0 minimum deposit, and Standard or Pro account types, but does not accept residents of the USA, Israel, Iran and some other restricted countries.
Axi (formerly AxiTrader) is a multi-regulated forex and CFD broker offering MT4 trading with no minimum deposit, copy trading and Islamic accounts.
Axi, formerly known as AxiTrader, is a forex and CFD broker founded in Australia in 2007. It operates through four regional entities, each licensed by a different regulator, and offers MT4 trading with no minimum deposit.
Company background and regulation
The Axi Group is split into four entities tailored to regional rules:
- Axi AU — Australia, regulated by the Australian Securities and Investments Commission (ASIC).
- Axi UK — United Kingdom, regulated by the Financial Conduct Authority (FCA).
- Axi UAE — United Arab Emirates, regulated by the Dubai Financial Services Authority (DFSA).
- Axi SVG — Saint Vincent and the Grenadines, regulated by the Financial Services Authority (FSA).
The UK and Australian entities apply stricter investor-protection rules and leverage caps; the SVG entity offers higher leverage with lighter oversight. Axi does not accept clients from the USA, Israel, Iran and a number of other restricted countries.
Leverage limits
- United Kingdom: capped at 1:30 on major currency pairs, in line with ESMA rules.
- Australia: comparable caps apply following the March 2024 leverage changes.
- Other jurisdictions (UAE, SVG): leverage of up to 1:500.
Account types and spreads
Axi offers two account types:
- Standard Account — commission-free, spreads from 0.4 pips.
- Pro Account — $7 commission per trade, spreads from 0 pips.
Tradable instruments and platform
Axi covers currency pairs, CFDs on soft commodities such as coffee, cocoa and soybeans, precious metals (gold, silver, platinum) and cryptocurrencies including Bitcoin, Ethereum and Litecoin. Trading runs on MT4, with support for custom indicators and Expert Advisors.
Minimum deposit and funding
Axi has no minimum deposit requirement. Funding methods include bank transfer, payment cards and e-wallets such as Skrill and Neteller.
Axi at a glance
| Feature | Details |
|---|---|
| Year founded | 2007 |
| Headquarters | Australia |
| Regulation | ASIC, FCA, DFSA, FSA |
| Trading platform | MT4 |
| EUR/USD spread | From 1 pip |
| Demo account | Available |
| Minimum deposit | $0 |
| Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Maximum leverage | 1:500 |
| Assets | Currency pairs, metals, commodities, indices, cryptocurrencies |
| Deposit options | Bank transfer, Visa/Mastercard, Skrill, Neteller, FasaPay, BTC |
| Withdrawal fee | Applicable |
| Islamic accounts | Available |
| Segregated accounts | Yes |
| Scalping | Allowed |
| Automated trading | Supported |
| Web terminal | Available |
| Social trading | Yes |
| Signals | Provided |
| VPS | Available |
| Support | 24/5 |
Trading forex and CFDs carries risk. Check Axi's regulatory status for your region and compare it against other brokers before opening an account.
Trading conditions
Axi is a MetaTrader-focused broker with Standard and Pro accounts. Pro is the raw-spread product with commission, and it is the account the broker's reputation for execution rests on; Standard prices the same liquidity with the cost embedded.
The broker publishes an autochartist and analytics package alongside its own copy-trading service, and it supports Expert Advisors and scalping without restriction.
Terms follow the entity. ASIC and FCA clients face 30:1 on major currency pairs with negative balance protection and margin close-out at 50%; UK clients additionally have FSCS cover for eligible claims. Clients under the offshore entity see higher leverage and neither protection.
Verification
Verification requires photo ID and proof of address, with an appropriateness assessment on the regulated entities. Documents are usually reviewed within one business day.
Axi's same-day withdrawal processing is a genuine operational strength, but it only applies once verification is complete — an unverified account adds the document review to the payout time, which is the single most common reason a first withdrawal takes longer than expected.
