Is Axi a good broker?
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Should you choose Axi?
Use this short answer before you dive into the full review.
Best for
Axi Select - capital allocation program up to $1 million for talented traders
Not ideal for
Inactivity fee after 12 months ($10/month)
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Trust Score: 85/100
Based on regulatory status, company history, and financial transparency
Axi Score Breakdown
- 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
Fast decision summary
Popular choice
Min Deposit: | $0 |
Regulated: | Yes |
Inactivity Fee:
$10/month after 12 months of dormancy
See how the best brokers compare to Axi
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.
| Instrument | Standard | Raw/Pro |
|---|---|---|
| EUR/USD | 0.9 pips avg (Standard) | 0.0 pips + $3.50/side (Pro) |
| GBP/USD | 1.3 pips (Standard) | 0.3 pips + $3.50/side (Pro) |
| USD/JPY | 1.2 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 points | 0.5 points |
| BTC/USD | Variable | Variable |
Deposit Fee
$0 (3% over $50k/mo card)
Withdrawal Fee
$0
Inactivity Fee (after 12 months)
$10/month
Account Maintenance
$0
Non-trading fees
Deposit fee
Free (3% for card deposits over $50k/month)
Withdrawal fee
Free
Inactivity fee
$10/month after 12 months of dormancy
Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.
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
| Regulator | Country | Tier | License |
|---|---|---|---|
| Australian Securities and Investments Commission (ASIC) | Australia | Tier-1 | 318232 |
| Financial Conduct Authority (FCA) | United Kingdom | Tier-1 | 509746 |
| Dubai Financial Services Authority (DFSA) | UAE | Tier-2 | F003742 |
| Financial Markets Authority (FMA) | New Zealand | Tier-2 | - |
| Financial Services Authority (FSA) | St. Vincent & Grenadines | Tier-3 | - |
Safety Features
| Segregated Accounts | Yes |
| Negative Balance Protection | Yes |
| Investor Protection | FSCS (UK) up to £85,000, no specific protection for ASIC/SVG clients |
| Compensation Scheme | FSCS (UK) £85,000 for eligible claims |
Compare Axi with top alternatives
Use the side-by-side comparison tool once you have checked fees and safety.
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
| Method | Processing Time | Fee | Min. Deposit |
|---|---|---|---|
| Credit/Debit Card (Visa, Mastercard) | Instant | Free (3% over $50k/mo) | $0 |
| Bank Wire Transfer | 1-3 business days | Free | $0 |
| Skrill | Instant | Free | $0 |
| Neteller | Instant | Free | $0 |
| Cryptocurrency | Instant | Free | $0 |
| POLi (Australia/NZ) | Instant | Free | $0 |
Withdrawal Options
| Method | Processing Time | Fee | Min. Withdrawal |
|---|---|---|---|
| Bank Wire Transfer | 1-3 business days | Free | $0 |
| Credit/Debit Card | 3-5 business days | Free | $0 |
| Skrill/Neteller | 24-48 hours | Free | $50 |
| Cryptocurrency | Instant | Free | $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 Type | Min. Deposit | Key Features |
|---|---|---|
| Standard Account | $0 |
|
| Pro Account | $0 |
|
| Elite Account | $25,000 |
|
| Islamic Account | $0 |
|
Verification Steps
- Time to open: Same day for most applications, instant digital verification available
- Demo Account: Yes
- Islamic Account: Yes
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.
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.
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
| Forex Pairs | 70 |
| Indices | 30 |
| Stocks | 100 |
| Commodities | 20 |
| Cryptos | 30 |
Leverage Limits
| Instrument | Max Leverage |
|---|---|
| Forex | 500:1 (International), 30:1 (EU/UK retail) |
| Indices | 200:1 (International), 20:1 (EU/UK) |
| Stocks | 20:1 (International), 5:1 (EU/UK) |
| Crypto | 10:1 (International), 2:1 (EU/UK) |
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Our Verdict
Axi is recommended for Axi Select - capital allocation program up to $1 million for talented traders
Use this final check alongside the fee, safety, platform, and funding sections above. If Axi still fits your country, account size, and risk tolerance, open the account through the tracked broker route below.
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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.
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