Axi is a global forex and CFD broker established in 2007, headquartered in Australia. It has built a reputation for providing reliable trading services across multiple jurisdictions, supported by a strong regulatory framework. The broker offers trading in forex, indices, commodities, gold, and oil, with a focus on popular MetaTrader platforms.
Axi is known for its transparent account structures, including Standard and ECN/Raw accounts, as well as Islamic/swap-free options. With a minimum deposit of $0 and maximum leverage set at 1:1, the broker aims to be accessible to a wide range of traders. The company also emphasizes safety with segregated client funds and negative balance protection.
Axi is a global forex and CFD broker established in 2007, headquartered in Australia. It has built a reputation for providing reliable trading services across multiple jurisdictions, supported by a strong regulatory framework. The broker offers trading in forex, indices, commodities, gold, and oil, with a focus on popular MetaTrader platforms.
Axi is known for its transparent account structures, including Standard and ECN/Raw accounts, as well as Islamic/swap-free options. With a minimum deposit of $0 and maximum leverage set at 1:1, the broker aims to be accessible to a wide range of traders. The company also emphasizes safety with segregated client funds and negative balance protection.
Axi is well-suited for traders who prioritize regulatory oversight and a straightforward trading environment. The brokerโs offering of MT4 and MT5 platforms, along with support for scalping, hedging, and algorithmic trading, makes it a good fit for active and technical traders. The availability of Islamic accounts also caters to traders who require swap-free conditions.
However, Axi may be less suitable for traders who rely on social trading, copy trading, or who want to trade stocks, ETFs, or real cryptocurrencies, as these are not offered. The maximum leverage of 1:1 could be restrictive for those seeking high leverage, and the lack of micro accounts might not appeal to beginners wanting to trade with very small position sizes.
Axi holds regulatory licenses from several respected authorities: the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Dubai Financial Services Authority (DFSA), and the Financial Services Commission (FSC) in the British Virgin Islands. This multi-regulatory framework provides a strong level of oversight, depending on the entity serving the client.
For traders, this means access to a broker that adheres to strict standards of financial conduct, including client fund segregation and negative balance protection. Such regulatory coverage typically enhances trust and offers a safety net, although the level of protection can vary by jurisdiction.
| Primary regulator | |
| All licenses held | FCA,ASIC,DFSA,FSC |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
Axi offers two primary account types: Standard and ECN/Raw. The ECN/Raw account typically involves a commission-based fee structure, while the Standard account may have wider spreads; however, exact spread values are not specified. The broker does not charge a minimum deposit, and there are no withdrawal fees, though third-party costs may apply depending on the payment method.
Deposits and withdrawals are available via credit/debit cards, bank wire transfers, and electronic wallets. Withdrawals are processed within 48 hours, with card and e-wallet transactions typically completed instantly or within a few hours, while bank wire transfers can take up to 5 business days. This transparent approach to fees and processing times is a positive for traders.
| Deposit methods | credit/debit cards, bank wire transfers, and electronic wallets |
| Withdrawal time | Cards/e-wallets instant-few hours; bank wire up to 2 business days deposit, up to 5 days withdrawal; overall withdrawals processed within 48hrs |
| Withdrawal fees | Free. However, third-party costs may apply depending on your method or bank. |
| Inactivity fee | None charged |
Axi is a well-regulated, established broker that offers a solid trading environment for forex and CFD traders who value safety and platform choice. Its zero minimum deposit and support for scalping and algorithmic trading make it attractive to active traders, while the lack of high leverage and absence of certain products (like stocks and crypto) may deter others. Overall, Axi is a reliable choice for traders who prioritize regulatory compliance and a straightforward trading experience.