Robert J. Williams
Reviewed by:
Sikirty Chatterjee
USP: Regulated by ASIC & FCA | Raw spreads from 0.0 pips | Leverage up to 1:1000 | MT4 & MT5 platforms
AXI Broker (often just “Axi”) is a globally recognized online forex and CFD broker founded in 2007 in Sydney, Australia. It has since grown into a top-10 global trading company, serving a community of over 60,000 traders across 100+ countries. The broker prides itself on offering competitive trading conditions and has secured notable achievements such as an official partnership with Manchester City FC, reflecting its strong market presence.
🏦 Headquarters: Sydney, Australia
📅 Founded: 2007
📜 Regulation: ASIC (Australia), FCA (UK), DFSA (Dubai), FSA (St. Vincent)
🌐 Supported Countries: 100+ countries across Asia, Europe, Middle East, Africa, etc.
💻 Platforms: MetaTrader 4, MetaTrader 5 (select regions), Axi WebTrader, Copy Trading App
💵 Min Deposit: $5 (Standard & Pro accounts)
AXI’s company background underscores its trader-centric approach. Launched by traders for traders, Axi began as a two-person startup and rapidly expanded by focusing on the trading experience. The company’s mission has been to invest in technology and global expansion to give clients a “trading edge.” Over the years, Axi has grown its client base through reliable service, tight pricing, and a presence in key financial hubs (including London, Dubai, and beyond). Today, Axi Group serves clients worldwide under multiple regulated entities, boasting tens of thousands of users and multi-trillion dollar annual trading volumes. This growth, combined with regulatory milestones (e.g. obtaining top-tier licenses) and industry awards, has cemented Axi’s position in the global trading landscape as a trusted, secure broker for retail and professional traders alike.
Pricing: Axi stands out with its raw spread accounts (0.0 pip spreads) and low $7 round-trip commissions, often undercutting competitors’ costs. Many peers have higher minimum spreads or commission fees.
Leverage: With leverage up to 1:1000 for global clients, Axi offers higher leverage than most EU/UK competitors (who are capped around 1:30) – appealing to experienced traders seeking more buying power.
Platforms & Tools: While rivals might offer cTrader or other platforms, Axi doubles down on MT4/MT5 with exclusive add-ons (MT4 NexGen, Autochartist, Trading Central) to enhance functionality. This gives Axi clients advanced tools without needing third-party services.
Regulation: Some competitors operating offshore lack reputable regulation, whereas Axi’s ASIC and FCA background provides greater safety. However, unlike a few top-tier brokers, Axi no longer maintains an active FCA license for UK clients (having shifted focus to other entities), which could be a consideration for UK-based traders.
Customer Support: Axi offers 24/7 support with 14+ language, matching or exceeding industry standards. Its dedicated account managers for high-tier clients and membership in the Financial Commission for dispute resolution add an extra layer of customer assurance.
AXI Broker is considered well-regulated and safe, operating under multiple regulatory jurisdictions. The broker’s structure includes entities that are Tier-1 regulated (e.g. ASIC in Australia), which means it adheres to stringent financial standards and client protection rules. Axi’s regulatory status as a Tier-1 and Tier-2 broker implies a strong commitment to segregation of client funds, periodic audits, and transparency in operations. In practical terms, trading with Axi provides customers with confidence that the broker is overseen by reputable authorities, thereby reducing the risk of malfeasance. The long track record since 2007 without major scandals, coupled with industry awards for trustworthiness, further underscores Axi’s safety and reliability as a broker.
ASIC (Australia) – AFSL License No. 318232 (AxiCorp Financial Services Pty Ltd)
FCA (United Kingdom) – Formerly Authorized (FRN 509746 under AxiCorp Ltd) (Note: Axi’s UK entity was FCA-regulated; check current status as the company transitioned its UK operations.)
DFSA (Dubai) – Licensed by Dubai Financial Services Authority, Category 4 (Retail endorsement)
FSA (St. Vincent & Grenadines) – Registered as an International Business Company (No. 25417 BC 2019) (Registration for global brokerage services; not a regulatory license for client funds protection)
Client Fund Protection: All client monies are kept in segregated trust accounts with top-tier banks, ensuring your funds are isolated from Axi’s operating funds. This safeguards client deposits even if the company faces financial issues.
Compensation Schemes: For certain jurisdictions (e.g. UK/EU when applicable), clients may be covered by investor compensation schemes (such as FSCS in the UK) up to specified limits. Additionally, Axi is a member of the independent Financial Commission, providing an extra layer of dispute resolution and compensation up to €20,000 per client in case of unresolved disputes.
Negative Balance Protection: Axi offers negative balance protection to its retail clients, meaning you cannot lose more than your account balance. In extreme market volatility, Axi will adjust qualifying negative balances to zero, ensuring clients are not left in debt due to trading losses.
Data Security & Encryption: The broker employs advanced cybersecurity measures to protect personal data and transactions. All online transactions and account areas are secured with bank-grade encryption and multi-factor authentication, keeping your data private. Regular security audits and partnerships with leading cybersecurity firms ensure compliance with international standards, giving clients peace of mind that their information and funds are safe from online threats.
✅ Instruments: Trade 290+ CFD instruments including all major forex pairs, commodities (metals, energy, etc.), global stock indices, cryptocurrencies, and even share CFDs and IPOs. Axi provides a diverse range of markets so traders can build a broad portfolio across asset classes.
✅ Spreads: Ultra-tight spreads, starting from 0.0 pips on EUR/USD and other majors with Axi’s Raw (Pro/Elite) accounts. Standard accounts have spreads from ~0.7 pips on EUR/USD, still very competitive. Commodity and index spreads are also among the low end of industry averages (e.g. gold from 15 cents).
✅ Commission: Low commissions are charged on Raw accounts – typically $3.50 per side ($7 round-trip) per standard lot on the Pro account. The Elite VIP account reduces this further to $3.50 round-turn (50% discount). Standard accounts are commission-free, making them ideal for beginners or those trading in smaller sizes.
✅ Leverage: Generous leverage up to 1:500 (and even 1:1000 for certain clients outside strict regulatory regimes) is available. This means a small margin deposit can control a much larger position – though Axi allows traders to choose lower leverage levels to manage risk. Regulatory limits apply for clients under ASIC (1:30) and other Tier-1 jurisdictions, but global clients can opt for higher leverage if suitable.
Trading Conditions Detail: Axi’s environment is built for cost-efficient trading.
Forex spreads on major pairs can be virtually zero in liquid times on Raw accounts, ensuring that high-volume or scalping traders keep their transaction costs minimal. Even the Standard account spreads (around 1.0 pip for EUR/USD) are quite tight, considering no commission is charged.
Commissions only apply on Raw/Pro accounts and are on par or lower than industry norms (e.g. $7 per lot), which effectively means you get interbank-level spreads plus a small fixed fee.
Leverage availability up to 1:1000 gives experienced traders flexibility to maximize their buying power – but Axi also allows adjusting leverage down through the client portal to suit one’s risk appetite. Beyond pricing, Axi offers fast execution and deep liquidity through 20+ top-tier liquidity providers, resulting in reliable trade fills even during volatile periods. The combination of low spreads, reasonable commissions, and high leverage makes Axi’s trading conditions attractive for a wide range of strategies, from day trading and scalping to longer-term positions – though traders should always use leverage judiciously due to the higher risk.
MetaTrader 4 is one of Axi’s primary trading platforms, available on desktop and mobile for flexible trading.
Axi supports a variety of platforms to cater to different trading styles and needs. Its offerings center around the popular MetaTrader suite, enhanced by Axi’s own tools and integrations:
✔ MetaTrader 4 (MT4): The industry-standard platform provided free for Windows, Mac, web, and mobile. MT4 at Axi comes with additional plugins like MT4 NexGen for sentiment analysis and advanced order management, giving both beginners and expert traders a powerful toolkit.
✔ MetaTrader 5 (MT5): Available in select regions, MT5 offers an upgraded experience with more timeframes, built-in economic calendar, and support for a wider range of CFDs (like individual stock CFDs). If you’re in a country where Axi offers MT5, you can download it for multi-asset trading with hedging or netting options.
✔ Axi Trading Platform (WebTrader): Axi’s proprietary web-based trading platform (launched recently) integrates TradingView charting technology for a modern, intuitive experience. This browser platform requires no installation and provides full account functionality, advanced chart analysis, and one-click trading – ideal for those who want an alternative to MT4/MT5.
✔ Copy Trading App: Axi provides a mobile social trading app (powered by a partner like Signal Providers or Pelican) that allows clients to copy strategies from other successful traders. This is perfect for beginners or those who want to mirror trades of experienced professionals automatically.
Regardless of which platform you choose, Axi ensures a rich feature set including:
Chart Analysis: Advanced charting tools with multiple timeframes and drawing tools for technical analysis.
Technical Indicators: Dozens of built-in indicators (moving averages, RSI, MACD, etc.) plus the ability to add custom indicators or plugins for deeper market insight.
Automated Trading (EAs): Full support for Expert Advisors on MT4/MT5 – clients can run algorithmic trading strategies or utilize Axi’s provided tools like MT4 NexGen to automate parts of their trading.
Mobile Trading Support: All platforms have mobile versions (MT4/5 mobile apps or Axi’s trading app) so you can monitor and manage your trades on the go, receive push alerts, and never miss market moves.
Axi packs in a suite of built-in tools and third-party integrations to help traders make informed decisions. For example, Autochartist is provided as a free MT4 plugin, which automatically scans the markets for chart patterns and trading opportunities – sending out daily alerts and volatility analysis to users. Additionally, Axi integrates Trading Central, a renowned market research tool that offers technical analysis reports, adaptive candlestick pattern recognition, and indicator signals right on the platform. Traders also have access to an economic calendar and Axi’s daily market news and weekly newsletters to stay on top of events. All MT4 users can use Axi’s MT4 NexGen add-on (free for account holders) to get features like a sentiment indicator, correlation trader, and advanced trade journal. Beyond software, Axi offers VPS hosting for clients who need 24/7 uptime for EAs – free for Elite accounts and available at a subsidized cost for others. In summary, Axi’s platform ecosystem is not just the barebones MT4; it’s an enriched environment with a host of proprietary tools, AI-powered analytics, and educational resources (like the Axi Academy and free e-books) to support traders in crafting and executing their strategies.
Axi provides three main live account types, as well as demo and specialized accounts, to suit traders of varying experience levels and capital:
| Account Types | Min Deposit | Spread | Commission | Platforms |
|---|---|---|---|---|
| Standard Account | $5 | From 0.7 pips (EUR/USD) | $0 (No commission) | MT4 |
| Pro Account (Raw) | $5 | From 0.0 pips (EUR/USD) | $7 per lot (round-trip) | MT4 |
| Elite Account (VIP) | $25,000 | From 0.0 pips (even on Gold) | $3.50 per lot (round-trip) | MT4 |
Table: Key features of Axi live accounts. All accounts support the same wide range of 290+ instruments and offer maximum leverage up to 1:1000 (leverage may be restricted by region). MT5 platform access is available for eligible clients in certain regions (for Standard and Pro accounts).
Demo Account: Axi offers free demo accounts loaded with $50,000 virtual funds for practice. The demo replicates live market conditions, allowing new traders to get comfortable and test strategies risk-free (with no expiration in most cases).
Islamic (Swap-Free) Accounts: Clients who require Sharia-compliant trading can request an Islamic account. These accounts charge no overnight interest (swap) on positions, making them suitable for traders of Islamic faith. Axi’s Islamic accounts still offer the same spreads and trading conditions, with a small administration fee on some instruments in lieu of swaps.
VIP / Elite Accounts: Axi’s Elite account is a premium offering for high-volume traders or those depositing $25,000 or more. It provides the tightest costs (raw spreads + half the standard commission), priority customer support including a dedicated account manager, free VPS hosting, and sometimes additional perks like exclusive market insights. This account is ideal for professionals, algorithmic traders, or money managers who value top-tier conditions.
Managed Accounts (PAMM/MAM): For investors who prefer to have professionals trade on their behalf, Axi supports PAMM/MAM solutions. Through the MT4 PAMM/MAM modules, clients can allocate funds to experienced money managers who trade multiple accounts simultaneously. This is beneficial for those seeking passive involvement, though it’s important to choose managers wisely and understand the risks.
Axi supports a variety of convenient deposit options, including major credit/debit cards (VISA, Mastercard), bank transfers (both international wire and local bank transfer in many regions), popular e-wallets like PayPal, Skrill, Neteller, FasaPay, and even cryptocurrency deposits (Bitcoin, Ethereum, Tether, and others). This wide range ensures clients worldwide can fund their accounts with ease.
Withdrawals are generally processed via the same methods used for deposit (to comply with anti-money laundering rules). You can withdraw back to your credit/debit card, bank account, e-wallet, or request crypto payouts if you deposited in crypto. Axi strives to return funds to the original source. Notably, it offers local bank withdrawals in various countries for faster access. All withdrawal requests are handled through the secure client portal.
Processing Time: Most deposits are instant – credit card, e-wallet, and crypto deposits typically reflect in your trading account within minutes. Bank transfers can take 1–3 business days depending on the banks involved. Withdrawals are processed by Axi’s back office within 24 hours on business days. After processing, card and e-wallet withdrawals are often completed within minutes to a few hours, while bank wire withdrawals may take 2–5 business days to reach your account, depending on international banking channels.
Deposit Fees: No deposit fees are charged by Axi on any method. Axi covers the transaction costs for deposits up to a generous monthly limit (e.g. first $50,000 each month free). This means the amount you send is the amount that arrives in your trading account (be aware that your own bank or card issuer might treat a deposit as a cash advance or charge a small fee, but Axi itself does not levy fees).
Withdrawal Fees: No withdrawal fees from Axi’s side either – you can withdraw funds without incurring charges from the broker. Again, third-party fees (like an intermediary bank fee on wire transfers or a currency conversion fee by your e-wallet) might apply in some cases, but Axi does not deduct anything. This policy makes funding and withdrawals cost-effective for traders.
Minimum / Maximum Limits: Axi has low minimums – you can start with as little as $5 via card or certain e-wallets. Bank wires may have a $50 or $100 minimum depending on the provider. For maximums, online methods like cards and e-wallets typically allow up to ~$10,000–$100,000 per transaction, while bank transfers can go up to $1,000,000 per transaction for high-wealth clients. Crypto deposits are capped around $250,000 per transaction as well. Such high ceilings accommodate even very large account top-ups, though most retail traders will operate well below these limits.
Visit the Axi official website – Navigate to Axi’s homepage (ensure you are using the correct regional site for your country).
Click on “Register” (Open Account) – Begin the sign-up process by providing your email and creating a password, then proceed to fill in the online application form with personal details (name, address, date of birth, etc.).
Verify your email and phone number – Axi will send a confirmation link to your email; click it to verify. You may also receive an SMS code to verify your phone number for account security.
Upload KYC documents – Through the secure client portal, submit proof of identity (e.g. passport or driver’s license) and proof of address (utility bill or bank statement). Axi’s compliance team will quickly review and approve your documents, as these are required to activate your live account.
Fund your account – Once approved, log in to the Axi Client Portal and go to the “Deposit Funds” section. Choose your preferred deposit method (credit card, bank transfer, e-wallet, etc.) and follow the instructions to add funds to your trading account. Remember, the minimum deposit for Standard/Pro is just $5.
Log in to your trading platform – Download MetaTrader 4 (or MT5, if applicable) on your computer or mobile, or use Axi’s WebTrader. Log in with the credentials Axi emailed to you (account number, server, and password). You should select the correct server (e.g., AxiLiveUS or similar) as provided.
Choose your trading instrument – Inside the platform, browse the Market Watch list and find the asset you want to trade (forex pair, commodity, index, etc.). You can right-click and select “Show All” to see all available instruments.
Analyze the chart & apply indicators – Open the chart for your chosen instrument and perform your analysis. Use technical indicators (trend lines, moving averages, oscillators, etc.) or consult Axi’s research tools (like Autochartist or Trading Central signals) for insights. Determine your entry and exit levels based on your strategy.
Place your trade (Buy/Sell) and set SL/TP – In the order window, enter the trade volume (lot size). Choose Buy or Sell depending on your prediction of the market direction. Set a Stop Loss (SL) to cap potential losses and a Take Profit (TP) to automatically secure profits at your target. Submit the order – your trade is now live.
Monitor and close the trade – Watch your trade’s progress in the platform’s Terminal (or Trade view). You can modify stop-loss or take-profit levels as needed. If you have set targets, the trade might close automatically when hitting profit or loss levels. Otherwise, you can manually close the position whenever you decide to exit the trade. Always review your trade results in the account history to learn and refine your strategy for future trades.
Trading with Axi is straightforward even for beginners. The onboarding process is user-friendly, with clear prompts from registration through funding. Axi’s platforms like MT4 are intuitive, and the broker provides ample educational resources (tutorials, demo accounts) to help new traders get comfortable. Once your account is set up, executing trades is as easy as a few clicks. With responsive support available if you get stuck, Axi makes the journey from signing up to placing your first trade as seamless as possible. Overall, the broker’s infrastructure and guides ensure that even those new to online trading can navigate the process with confidence.
Support Channels: Axi offers multi-channel customer support to assist clients whenever needed. You can reach their support 24/7 via live chat on the website (instant help from an agent), through email (support@axi.com for less urgent inquiries), or by phone (regional phone numbers are provided for offices in Australia, UK, etc., allowing you to speak directly to a support representative). Additionally, Axi is accessible via WhatsApp and Telegram messaging for quick queries – a convenient option for many mobile users. There’s also a support ticket system in the Client Portal/Help Centre, and you can request a callback by filling a form if you’d like an Axi representative to call you at a convenient time. This range of channels ensures you can get help through your preferred communication method.
Support Hours: Axi’s customer service is available 24 hours a day, 5 days a week (Monday through Friday) to coincide with global market hours. In practice, their live chat is advertised as 24/7 support, meaning you may even find assistance on weekends, though core staffing is during weekdays. The support is truly global and follow-the-sun, so no matter your time zone, there will be an agent available to help during trading days.
“Ideal for global traders seeking low-cost trading, advanced tools, and a secure, well-regulated environment.”
Avoid if: you require a broker with fixed spreads or if you are a resident of a region with restricted access (for example, the United States, which Axi does not serve). Additionally, pure beginners who want an all-in-one trading/game experience with lots of hand-holding might find Axi’s professional-grade platforms a bit complex (though the educational resources do mitigate this). If you prefer a broker that offers a proprietary platform instead of MetaTrader, or one with extensive local branch offices for in-person support, Axi might not fully meet those niche needs.
Bottom Line: Axi Broker delivers a compelling package of low trading costs, rich platform features, and strong regulatory oversight. With its raw spreads and high leverage, it is especially attractive to experienced traders like scalpers, algo traders, and high-volume investors who will benefit from the tight pricing and fast execution. At the same time, a minimal $5 entry point, plentiful educational content, and a free demo account make Axi suitable for newcomers ready to learn. The broker’s commitment to client security and satisfaction – evident in its multi-regulation status and 24/5 award-winning support – adds further credibility. In conclusion, Axi is a recommended broker for those who value competitive pricing and reliability, and it stands out as a top choice in 2025 for traders aiming to grow with a trustworthy global platform.
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