Axi Review 2026

Our Overall Verdict

Axi is an established STP/ECN brokerage founded in 2007, offering a structured environment for retail and institutional traders. Regulated across multiple global authorities including the ASIC, FCA, and CySEC, the broker maintains high regulatory standards alongside segregated client accounts. Traders receive access to standard zero-commission accounts, competitive raw spread accounts, and proprietary features such as the Axi Select capital allocation program. The overall offering provides robust execution via MetaTrader infrastructure, comprehensive automation support, and reliable funding options.

Who Should Use Axi?

• Active currency and CFD traders seeking raw spreads and fast ECN execution speeds.
• Algorithmic traders utilizing MetaTrader 4, MetaTrader 5, Expert Advisors, and API connections.
• Aspiring prop traders aiming to access capital allocation via the Axi Select program.
• Traders who prefer using dedicated copy trading mobile applications.

Who Should Avoid Axi?

• Traders looking for direct investment in physical shares or exchange-traded funds.
• Residents of restricted countries such as the United States, New Zealand, Iran, and Cuba.
• Investors wanting 24/7 live telephone and chat customer support over the weekend.
• Proprietary platform users who require dual long and short hedging in the same market.

Regulation and Licenses

Axi, originally established in 2007 as AxiTrader, is an international broker operating under multiple global regulatory jurisdictions. The firm holds authorized licenses across tier-1 and international regulatory authorities:

• Australian Securities and Investments Commission (ASIC)
• Financial Conduct Authority (FCA) in the United Kingdom under license number 06050593
• Cyprus Securities and Exchange Commission (CySEC)
• Dubai Financial Services Authority (DFSA)
• Financial Markets Authority (FMA) in New Zealand
• Vanuatu Financial Services Commission (VFSC)
• Financial Services Authority (FSA) of Saint Vincent and the Grenadines

Client Protection

Axi segregates client money from its own corporate funds by placing client deposits into accounts held with tier-one banking institutions. Under this setup, client balances cannot be utilized to satisfy operational costs or company liabilities in the event of insolvency.

Eligible retail accounts trading under the FCA regulatory framework are covered by the Financial Services Compensation Scheme (FSCS), providing protection up to £85,000 per person should the broker fail. Negative balance protection is also extended to retail clients regulated by the FCA and CySEC, ensuring that losses cannot exceed deposited funds. However, professional account holders and clients registered under non-European offshore entities do not receive negative balance protection.

Regulatory History

Since its founding in 2007, Axi has preserved an active standing across major global markets. The broker remains a privately held corporation headquartered in Sydney, Australia, with additional primary offices in the United Kingdom and Aruba.

Axi offers retail and professional clients access to leveraged trading markets. The broker is regulated by several authorities, including ASIC, FCA, CySEC, DFSA, FMA, VFSC, and FSA. Axi supports a range of trading platforms, including the Axi Trading Platform, MetaTrader 4, MetaTrader 5, WebTrader, and its Copy Trading App. Its Standard Account has a minimum deposit requirement of $0, while maximum retail leverage varies by regulatory jurisdiction, reaching 1:30 under FCA, ASIC, and CySEC regulation and up to 1:500 under FSA regulation. Axi does not charge fees on deposits and withdrawals, and provides 24/5 customer support.

Spreads and Commissions

Axi utilizes floating spreads across all trading instruments. Depending on the account type selected, trading fees are either incorporated into the spread or charged as a separate commission per trade.

Average recorded spreads on major instruments include 1.1 pips for EURUSD and 1.5 pips for GBPUSD on the Standard Account. For commodity and index instruments, average spreads stand at 0.13 points on Gold (XAU/USD) and 0.29 points on the S&P 500 CFD.

Other Trading and Non-Trading Fees

Axi applies standard financing charges for positions held overnight:

• Overnight Swaps: Swaps are applied nightly before 5:00 PM New York time based on market interest rate differentials. Triple swaps apply on designated weekdays to account for weekend rollovers. Futures contracts do not accrue daily swaps but are subject to contract rollover charges. Swap-free trading is accessible via Islamic accounts.
• Inactivity Fee: A fee of $10 per month is assessed if a trading account remains inactive for a continuous period of 12 months.
• Currency Conversion Fee: Applied when trading assets or depositing funds denominated in a currency different from the account's base currency (GBP, EUR, USD, CHF, or PLN). Axi calculates this based on liquidity provider exchange rates plus a mark-up.
• Deposit and Withdrawal Fees: Axi does not charge internal fees for deposits or withdrawals, though third-party payment providers or banks may apply intermediary transaction fees.

Trading Platforms

Axi supports both proprietary and third-party platforms designed for various trading environments:

• MetaTrader 4 (MT4): The primary desktop, web, and mobile software provided by Axi, featuring comprehensive charting, custom technical indicators, and automated execution.
• MetaTrader 5 (MT5): Available across desktop, web, and mobile devices, offering expanded timeframes, additional technical tools, and advanced order management.
• Axi Trading Platform: A proprietary web and mobile platform featuring direct market access, specialized crypto perpetual futures tools, and integration with the Axi Select allocation program.
• MetaTrader WebTrader: A browser-based solution that allows access to MT4 and MT5 accounts without software installations.
• Axi Copy Trading App: A dedicated mobile application on iOS and Android designed for following and replicating external trade signals.

Execution and Trading Tools

Operating as an STP/ECN broker, Axi executes orders with processing speeds often under 50 milliseconds. Algorithmic connectivity is enabled via direct API integrations through the MetaTrader 4 infrastructure. Traders may also connect external tools like TradingView through webhooks. Axi offers Forex VPS hosting via third-party providers including ForexVPS and FXVM to ensure 24/7 connectivity for Expert Advisors, with fee waivers available for Elite clients or those trading more than 20 lots monthly.

Automated and Copy Trading

Automated trading is supported through MetaTrader Expert Advisors and API endpoints. Copy trading is managed through the Axi Copy Trading application, where users can browse performance statistics, monitor risk scores, set maximum drawdown boundaries, or register as signal providers to earn subscription and performance fees.

Forex and CFDs

Axi provides access to leveraged contracts for difference (CFDs) and spot currency markets. Tradable instruments include a wide selection of major, minor, and exotic Forex pairs, as well as crypto perpetual futures accessible via its proprietary platform. Overall, Tradable Instruments received an editorial score of 5.4, reflecting a focused catalog oriented toward liquid currency and index products.

Stocks, Indices, Commodities and Other Markets

The asset catalog at Axi includes the following sectors:

• Indices: Cash and futures CFDs on global benchmarks, including the S&P 500 CFD.
• Commodities: Precious metals such as Gold (XAU/USD), alongside energy and agricultural CFDs.
• Stocks: Equities CFDs for individual international companies.
• Cryptocurrencies: Leveraged crypto CFDs and perpetual contracts on assets like Bitcoin, Ethereum, and Litecoin.

Available Account Types

Axi provides five distinct account categories designed for different trading capital sizes and execution preferences:

• Standard Account: Zero commission, floating spreads starting from 1.1 pips, and full access to MT4/MT5.
• Pro Account: Raw floating spreads starting from 0 pips, with a $7.00 round-turn commission per lot.
• Elite Account: Raw spreads starting from 0 pips, a discounted $3.50 round-turn commission, and access to VIP services.
• Professional Account: Designed for qualifying wholesale or experienced clients who waive regulatory retail protections in exchange for higher leverage.
• Spread Betting Account: Available for eligible tax-resident traders in specific regions like the UK.

Additionally, swap-free Islamic account setups and risk-free demo accounts are available upon registration.

Minimum Deposit

The Standard Account has a $0 minimum deposit requirement. Higher tier profiles maintain specific deposit conditions: the Pro Account requires $500, the Elite Account requires $25,000, and joining the Axi Select program requires $500. Specific payment channel limits also apply: $5 for credit/debit cards, $10 for PayPal, and $50 for cryptocurrency transfers.

Leverage and Margin

Leverage parameters at Axi vary based on regional regulatory restrictions and account categories:

• Regulated Jurisdictions (FCA, ASIC, CySEC): Major Forex pairs up to 1:30; minor Forex, gold, and major indices up to 1:20; non-gold commodities up to 1:10; shares up to 1:5; cryptocurrencies up to 1:2.
• Offshore Entity (FSA St. Vincent and the Grenadines): Forex up to 1:500 (with specialized accounts reaching up to 1:1000); indices, commodities, and cryptocurrencies up to 1:200.
• Axi Elite & Axi Select Programs: Leverage up to 1:500 or 1:1000 subject to trading performance and specific account terms.

The margin call level across standard accounts is set at 100%, with automated stop-out execution triggered when account margin reaches 50%.

Deposit Options

Axi provides a broad selection of funding methods with zero deposit fees charged by the broker. Available channels include Visa, Mastercard, PayPal, Skrill, Neteller, Wire Transfer, Pix, Apple Pay, Google Pay, Bitwallet, AstroPay, Fasapay, Bitcoin, Ethereum, Litecoin, Ripple, and Tether. Base account currencies include GBP, EUR, USD, CHF, and PLN. Card, digital wallet, and crypto transfers fund trading accounts instantly, while bank wire transfers generally process within 1 to 5 business days.

Withdrawal Options

Withdrawals can be processed back through the original payment channels, including Visa, Mastercard, PayPal, Tether, Ethereum, USD Coin, Bitcoin, Bitcoin Cash, Litecoin, Solana, Ripple, Wire Transfer, Skrill, Neteller, AstroPay, Fasapay, and Pix. Axi does not charge withdrawal fees. Payouts via cards, electronic wallets, and cryptocurrencies are typically processed within 24 hours, whereas bank wire distributions take between 1 and 5 business days.

Support Channels and Availability

Axi operates customer service on a 24/5 basis, corresponding with global foreign exchange market hours. Support channels include:

• Live Chat via the website and client portal
• Email support at [email protected]
• Direct telephone support and callback services at +44 203 544 9646
• WhatsApp messaging assistance
• Online Help Centre knowledge base

Supported communication languages include English, Polish, Spanish, Portuguese, French, Italian, Greek, and Arabic.

Our Support Experience

Axi achieves a Customer Support score of 6.5. While the multi-channel infrastructure handles general operational and technical inquiries efficiently during market days, the absence of weekend service leaves traders without support when global desks are closed.

Axi provides educational and analytical resources that earn an internal Market Research score of 8.1. Market analysis tools include an integrated Axi Economic Calendar and regular market updates on the corporate blog. Education is hosted within the Axi Academy, which contains structured trading courses, downloadable eBooks, and MetaTrader 4 video tutorials for onboarding beginners and developing intermediate chart analysis skills.

Axi for Beginners

Beginners can start without capital hurdles due to the $0 minimum deposit on the Standard Account and the availability of risk-free demo trading accounts. The educational library in the Axi Academy provides foundational materials, while the Axi Copy Trading application allows novice traders to mirror positions while learning market dynamics.

Axi for Day Traders and Scalpers

Day traders and scalpers benefit from sub-50ms execution speeds, competitive raw spreads from 0 pips on the Pro Account, and full allowance of scalping techniques on standard retail MT4 and MT5 accounts. However, high-frequency scalping designed for minute price moves is prohibited within the Axi Select funded program.

Axi for Algorithmic Traders

Axi accommodates algorithmic strategies through its MetaTrader infrastructure. Expert Advisors (EAs) and custom automated scripts are permitted, alongside direct API trading connectivity and webhook bridging to TradingView. VPS hosting through ForexVPS and FXVM minimizes latency, with costs waived for clients trading 20 or more lots monthly.

Axi for Experienced Traders

Experienced and high-volume traders can utilize the Elite Account tier for lower commissions of $3.50 per lot round-turn. Furthermore, professional traders can participate in the Axi Select capital allocation program, which provides qualified accounts with up to $1,000,000 in trading capital and profit splits reaching up to 90%.

Common Positive Feedback

Users frequently highlight the fast execution speeds and ease of operation on MetaTrader 4 and MetaTrader 5. The Axi Select capital allocation program is praised by active traders seeking funded accounts. Furthermore, many clients report smooth processing for account deposits and fast electronic fund withdrawals, as well as clear communication from the customer assistance team during standard operating hours.

Common Complaints

Critical feedback commonly points to occasional delays during manual KYC account verification. Some traders note that wire transfers take several working days to complete compared to instant e-wallet solutions. Additionally, some users express frustration over the lack of customer support during weekends, while funded program participants occasionally experience inquiries regarding qualification criteria under the Axi Select stages.

Trustpilot and App Store Ratings