- 130+ products to trade, no minimum deposit required
- Lowest starting spreads for all account types
- Strict compliance with regulations in the UK, Australia, and Dubai
- Simple, yet reliable trading on MT4 platform
- Great customer support and trustworthy service provider
- Limited selection of CFDs excludes shares, options
- Some advertised features only accessible via plugin
- MT4 only, no MT5 or proprietary trading platform
Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world. Axi has made giant strides since its inception in 2007 to become a top global broker, developing a reputation for its innovative, customer-focused approach, and advanced AI technology. Founded by traders and with them in mind, this market-maker offers an array of tools and financial instruments that benefit any market strategy, and it doesn’t distract customers with a confusing jumble of account types or unnecessary frills.
This also extends to fees and spreads, with no fees on money transfers, and spreads across all Axi account types representing some of the most competitive in the industry. For their part, its clients are just as satisfied with the more simple and transparent trading environment. People of any experience level can appreciate an accessible customer support team, a plethora of tradable assets, deep leverage options and the ability to plug in some useful third-party trading applications.
Overview
- Regulation & LicensingFinancial Conduct Authority (FCA) UK Australian Securities and Investments Commission (ASIC) Dubai Financial Services Authority (DFSA)
- Accepted Jurisdictions150 countries
- Assets OfferedCurrencies Commodities Indices Cryptocurrencies Metals
- Platforms AvailablePlatforms Available MT4 (Desktop, Web, Mobile)
- Mobile CompatibilityMobile: iOS, Android Desktop: Mac, PC
- Payment Types AcceptedCredit/Debit Card Bank Transfer Skrill Neteller
Account Types
| Features | Axi Standard Account | Axi Pro Account | Axi Islamic Account |
| Account Currencies | EUR, GBP, USD, CHF, PLN | EUR, GBP, USD, CHF, PLN | EUR, GBP, USD, CHF, PLN |
| Available Leverage | Up to 30:1 | Up to 30:1 | Up to 30:1 |
| Minimum Deposit | $0 | $0 | $0 |
| Starting Spreads | From 1 pip | From 0 pips | From 0 pips |
| Commission Per Trade | $0 | $7 per round trip | $0 |
| Decimal Pricing | MT4 – Up to 5 decimals | MT4 – Up to 5 decimals | MT4 – Up to 5 decimals |
| Swaps/Rollovers | Yes | Yes | Yes |
| Trading Instruments |
80+ FX pairs Metals CFDs |
80+ FX pairs Metals CFDs |
80+ FX pairs Metals CFDs |
| Min. Lot Size Per Trade | 0.01 | 0.01 | 0.01 |
| Max Lot Size Per Trade | 100.00 | 100.0 | 100.0 |
| Demo Account | Yes | Yes | Yes |
| Swap/Rollover Free | No | No |
Yes
|
| Copy Trading Support | Yes | Yes | Yes |
Compliance & Regulation
There are few brokers regulated in both the UK and Australia, both of which represent some of the more demanding compliance jurisdictions in the world, but Axi is one of them. Accordingly, residents in relevant geographies can anticipate services that are airtight in terms of safety. Additionally, in tandem with oversight from the Dubai DFSA, Axi ensures that traders from 150 countries can access the trading platform in a secure, compliant manner. Axi complies totally with regulations mandating that customer funds are kept in segregated bank accounts, and that in the event of insolvency those covered under the FCA can get their account balances reimbursed by up to $50,000.
Pricing
Both Standard and Pro accounts require no minimum deposit to enjoy Axi’s trading experience and highly competitive spreads. Though some specific features do require a minimum balance ($1,000 for Autochartist and $5,000 for Duplitrade plugin privileges for example), all traders will access the vast majority of Axi features without limitation.
There are no fees charges on deposits or withdrawals, though some supported payment methods like Skrill do impose a small third-party charge to Axi users. Small overnight and rollover fees are industry standard account features unless users opt for Islamic accounts, which are Shariah compliant and swap/rollover free. The main way that Axi generates revenue is spreads, and even these are among the industry’s thinnest. On Pro accounts, there’s a $7.00 roundtrip commission on each trade ($3.50 when opened and $3.50 when closed).
Reliability & Security
Reliability and stability are where Axi shines. Its operation in two of the most strictly-regulated financial jurisdictions allows customers to be extra confident that the market-maker is taking all steps necessary to provide a dependable experience, and it does. Axi is characterized by consistent uptime and remains a stable environment even for algorithmic traders, who depend on uninterrupted connectivity and minimal lag time. Reliability is measured in more than platform speed, regulatory liability, or a comprehensive array of tools. Customers will also appreciate that Axi stands readier than most to respond to their inquiries and problems, via live chat, email, and several toll-free phone numbers.
