Axi Review

Marcus Thompson

Written by

Marcus Thompson
Sarah Chen

Fact Checked by

Sarah Chen

Updated

Jan 4, 2026
Broker review header

85

Trust Score: 85/100

Based on regulatory status, company history, and financial transparency

  • No minimum deposit on Standard and Pro accounts
  • Regulated by ASIC, FCA, DFSA, FMA (multi-jurisdiction)
  • Axi Select - capital allocation for talented traders up to $1M
  • MT4 + MT5 (2024) + Axi Trading Platform with TradingView
  • Raw spreads from 0.0 pips on Pro account ($7 RT commission)
  • Elite account: $3.50 commission per lot for high-volume traders
  • Free VPS hosting for qualifying traders
  • 70+ forex pairs, 220+ total instruments

Founded

2007

Headquarters

Sydney, Australia

Clients

60,000+

Why choose Axi

Axi (formerly AxiTrader) is a well-established forex and CFD broker founded in 2007 and headquartered in Sydney, Australia. Regulated by ASIC, FCA, DFSA, and FMA, Axi has built a strong reputation for reliable execution, competitive pricing, and the unique Axi Select program that provides capital allocation to talented traders. The broker offers over 70 currency pairs and 220+ CFD instruments across indices, commodities, stocks, and cryptocurrencies. Axi provides MT4, MT5 (launched in 2024), and the proprietary Axi Trading Platform with TradingView integration. With no minimum deposit requirements on Standard and Pro accounts, Axi is accessible to traders of all levels. The Elite account for high-volume traders ($25,000 minimum) offers reduced commissions of $3.50 per lot. Axi is particularly popular among forex-focused traders and those interested in algorithmic trading with free VPS hosting available.

Pros

  • No minimum deposit on Standard and Pro accounts
  • Strong ASIC and FCA regulation
  • Competitive raw spreads from 0.0 pips
  • Axi Select capital allocation program
  • Free VPS for qualifying traders
  • MT4 + MT5 + proprietary platform options
  • Award-winning customer support

Cons

  • Inactivity fee after 12 months ($10/month)
  • Elite account requires $25,000 minimum
  • Limited stock CFD selection compared to competitors
  • No ETFs available
Axi logo

Axi

Save Wishlist's

Popular choice

Min Deposit:

$0

Inactivity Fee:

No

Regulated:

Yes

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Axi offers transparent and competitive pricing with three account types. The Standard account is commission-free with spreads from 0.9 pips on EUR/USD (average 1.2 pips). The Pro account provides raw spreads from 0.0 pips (average 0.2 pips on EUR/USD) with a $7 per lot round-turn commission ($3.50 per side). The Elite account for high-volume traders ($25,000 minimum) offers the same raw spreads with reduced $3.50 per lot commission. Axi charges no deposit or withdrawal fees, though an inactivity fee of $10/month applies after 12 months of dormancy. Card deposits exceeding $50,000/month may incur a 3% fee.

InstrumentStandardRaw/Pro
EUR/USD0.9 pips avg (Standard)0.0 pips + $3.50/side (Pro)
GBP/USD1.3 pips (Standard)0.3 pips + $3.50/side (Pro)
USD/JPY1.2 pips (Standard)0.2 pips + $3.50/side (Pro)
Gold (XAU/USD)0.25 (Standard)0.15 + commission (Pro)
S&P 500 (US500)0.5 points0.5 points
BTC/USDVariableVariable

Deposit Fee

$0 (3% over $50k/mo card)

Withdrawal Fee

$0

Inactivity Fee (after 12 months)

$10/month

Account Maintenance

$0

Non-trading fees

Inactivity fee: No.

Axi operates under a robust multi-jurisdictional regulatory framework with licenses from ASIC (Australia), FCA (UK), DFSA (Dubai), and FMA (New Zealand). These Tier-1 and Tier-2 regulators ensure high standards of client protection, including segregated accounts and negative balance protection. UK clients are protected by the FSCS up to £85,000. The broker has maintained a clean regulatory record since its founding in 2007. However, some international clients may be onboarded to the St. Vincent and the Grenadines entity, which has lighter regulatory oversight.

Regulatory Status

RegulatorCountryTierLicense
Australian Securities and Investments Commission (ASIC)AustraliaTier-1318232
Financial Conduct Authority (FCA)United KingdomTier-1509746
Dubai Financial Services Authority (DFSA)UAETier-2F003742
Financial Markets Authority (FMA)New ZealandTier-2-
Financial Services Authority (FSA)St. Vincent & GrenadinesTier-3-

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionFSCS (UK) up to £85,000, no specific protection for ASIC/SVG clients
Compensation SchemeFSCS (UK) £85,000 for eligible claims

Axi provides fee-free deposits and withdrawals via multiple payment methods including credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller), and cryptocurrency. There is no minimum deposit requirement for Standard and Pro accounts. Deposits are typically instant for cards and e-wallets, while bank wires take 1-3 business days. Withdrawals are processed within 24 hours and take 1-5 days depending on the method. Axi supports an impressive 10 base currencies to minimize conversion fees. Card deposits exceeding $50,000 per month may incur a 3% fee.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
Credit/Debit Card (Visa, Mastercard)InstantFree (3% over $50k/mo)$0
Bank Wire Transfer1-3 business daysFree$0
SkrillInstantFree$0
NetellerInstantFree$0
CryptocurrencyInstantFree$0
POLi (Australia/NZ)InstantFree$0

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
Bank Wire Transfer1-3 business daysFree$0
Credit/Debit Card3-5 business daysFree$0
Skrill/Neteller24-48 hoursFree$50
CryptocurrencyInstantFree$0

Base Currencies

USD, EUR, GBP, AUD, CAD, SGD, NZD, JPY, HKD, CHF

Axi offers a straightforward account opening process that can be completed online in minutes. The broker provides three main account types: Standard (commission-free), Pro (raw spreads + $7 commission), and Elite (for high-volume traders with $25,000 minimum and $3.50 commission). There is no minimum deposit for Standard and Pro accounts. Verification requires government-issued ID and proof of address. Demo accounts are free with unlimited virtual funds. Islamic swap-free accounts are available upon request. The Axi Select program is available to eligible traders seeking capital allocation.

Account Types

Account TypeMin. DepositKey Features
Standard Account$0
  • Spreads from 0.9 pips (avg 1.2 pips EUR/USD)
  • No commission
Pro Account$0
  • Raw spreads from 0.0 pips (avg 0.2 pips EUR/USD)
  • Commission $3.50 per lot per side ($7 RT)
Elite Account$25,000
  • Raw spreads from 0.0 pips
  • Commission $3.50 per lot round-turn (reduced)
Islamic Account$0
  • Swap-free trading
  • Available for Standard and Pro

Verification Steps

  • Time to open: Same day for most applications, instant digital verification available
  • Demo Account: Yes
  • Islamic Account: Yes
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Axi offers multiple mobile trading options including the proprietary Axi Trading Platform (ATP) app with TradingView integration, MT4/MT5 mobile apps, and the dedicated Axi Copy Trading app. The ATP app provides fast execution across 290+ instruments with advanced charting. The Axi Copy Trading app allows users to follow and replicate strategies from successful traders. All apps support biometric login for security and push notifications for price alerts.

Axi mobile app screenshot 1
Axi mobile app screenshot 2
Axi mobile app screenshot 3

App Features

  • Axi Trading Platform with TradingView charts
  • Full trading functionality
  • Real-time streaming quotes
  • Axi Copy Trading integration
  • Push notifications for price alerts
  • Account management and funding
  • Multi-account switching
  • Advanced charting tools
  • 290+ instruments available
  • Biometric login (Face ID/Touch ID)

Axi provides MetaTrader 4 (MT4), MetaTrader 5 (MT5 launched in 2024), and the proprietary Axi Trading Platform (ATP) with TradingView integration. MT4 is enhanced with the NexGen plugin offering advanced order management, sentiment indicators, and correlation matrix. Autochartist provides pattern recognition, and PsyQuation offers AI-driven trading analytics. Free VPS hosting is available for qualifying traders. The ATP offers desktop and web access with TradingView charts and over 290 instruments.

Axi desktop platform screenshot

Supported Platforms

  • MetaTrader 4 (MT4): Industry-standard forex platform enhanced with NexGen plugin and advanced tools.
  • MetaTrader 5 (MT5): Advanced multi-asset platform launched by Axi in 2024 with enhanced features.
  • Axi Trading Platform (ATP): Proprietary platform with TradingView integration for advanced charting.
  • Axi Copy Trading: Social trading platform for copying successful traders.

Compare platform providers:

Axi offers over 220 CFD instruments including 70+ forex pairs, 30 indices, 100 stock CFDs, 20 commodities, and 30+ cryptocurrencies. In 2025, Axi added 150+ cryptocurrency perpetual futures contracts. The broker focuses on forex and major CFD markets with solid execution. IPO trading is also available. Leverage varies by regulatory entity - up to 500:1 for international clients and 30:1 for EU/UK retail clients under ESMA rules. ETFs are not currently available.

Available Instruments

0
Forex Pairs70
Indices30
Stocks100
Commodities20
Cryptos30

Leverage Limits

InstrumentMax Leverage
Forex500:1 (International), 30:1 (EU/UK retail)
Indices200:1 (International), 20:1 (EU/UK)
Stocks20:1 (International), 5:1 (EU/UK)
Crypto10:1 (International), 2:1 (EU/UK)

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Frequently Asked Questions

Yes, Axi is a legitimate broker regulated by ASIC (Australia), FCA (UK), DFSA (Dubai), and FMA (New Zealand). The broker has operated since 2007 with a clean regulatory record. Client funds are held in segregated accounts with negative balance protection. UK clients are protected by the FSCS up to £85,000.

Axi has no minimum deposit requirement for Standard and Pro accounts, making it highly accessible. The Elite account for high-volume traders requires a $25,000 minimum deposit. The Axi Select funded trader program requires $500 to participate.

Axi spreads vary by account type. Standard account offers spreads from 0.9 pips (average 1.2 pips on EUR/USD) with no commission. Pro account provides raw spreads from 0.0 pips (average 0.2 pips on EUR/USD) with $3.50 per lot per side commission ($7 round turn).

Axi Select is a unique capital allocation program for talented traders. Eligible traders can receive up to $1 million in trading capital. The program includes coaching, performance tracking, and the opportunity to trade with Axi's capital while keeping a percentage of profits.

Axi offers MetaTrader 4 (MT4) with NexGen plugin, MetaTrader 5 (MT5 launched in 2024), and the proprietary Axi Trading Platform (ATP) with TradingView integration. The Axi Copy Trading app is available for social trading.

Yes, Axi offers the Axi Copy Trading app where clients can copy strategies from successful traders. The platform includes performance metrics, risk management tools, and is available as a mobile app.

No, Axi does not charge deposit or withdrawal fees for most transactions. However, card deposits exceeding $50,000 per month may incur a 3% fee, and withdrawals under $50 may not be free. An inactivity fee of $10/month applies after 12 months.

Leverage at Axi varies by regulatory entity. International clients can access leverage up to 500:1 on forex. EU and UK retail clients are limited to 30:1 on forex under ESMA/FCA rules. Indices and stocks have lower leverage limits.

Yes, Axi offers Islamic swap-free accounts compliant with Sharia law. These accounts do not charge or receive swap interest on overnight positions. Islamic accounts are available for Standard and Pro account types upon request.

Yes, Axi provides free VPS hosting for qualifying traders. This allows for 24/7 automated trading with Expert Advisors without needing to keep your computer running. Requirements for free VPS typically include minimum trading volume thresholds.
Marcus Thompson

Marcus Thompson

Trading Platforms • Technical Analysis • Execution Quality

Author of this review

Marcus has been trading the forex markets since the early 2000s and specializes in platform evaluation. He tests every broker's trading platform, analyzing execution speed, charting tools, and user experience to give traders honest assessments.

Trading Platforms Expert — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

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