This 2026 review of Axi evaluates its trading conditions, platform features, and safety measures—helping traders understand the advantages and drawbacks associated with this broker.
Founded in 2007, Axi is a globally recognized forex and CFD broker with more than 60,000 clients in over 100 countries. Headquartered in Australia, Axi operates under strict regulatory oversight from multiple top-tier authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC), among others.
The broker is recognized for its low-cost forex fees, a great selection of forex pairs, and transparent execution. It also provides additional analytical tools and supports copy trading features.
Axi Overview
Axi Overview
Axi
- Minimum Deposit$0
- SpreadLow
- Trading FeeFree
- Deposit FeeFree
- Withdrawal FeeFree
- Account OpeningWithin 24 hours
Pros and Cons
Pros and Cons
Pros
- Commission-free trading with tight spreads
- Strong regulatory oversight by multiple Tier 1 regulators, such as the FCA and ASIC
- Integrated analytical tools (Autochartist, PsyQuation)
- Free Virtual Private Server (VPS) hosting for eligible accounts
- A wide variety of educational resources and trading tools
- Supports copy trading
Cons
- Limited range of tradable instruments
- Inactivity fee after one year without trading
- No proprietary trading platform
Account Types
Account Types
Axi offers three primary account types: Standard, Pro, and Elite. Leverage levels can vary depending on the jurisdiction, with the maximum leverage going up to 1:1000.
Demo accounts are available for practice, while Islamic accounts are available upon request for those requiring swap-free accounts.
Axi Fees, Spreads, and Commissions
Axi Fees, Spreads, and Commissions
Trading Fees
Standard accounts offer commission-free trading with wider spreads. Pro accounts charge a trading commission of $7 per lot (round trip), while Elite accounts charge $3.50. But both accounts have tighter spreads than the Standard account, starting from 0.0 pips. Swap fees apply, except for Islamic accounts.
Deposit, Withdrawal, and Other Account Fees
Axi doesn’t charge any internal fees for deposits or withdrawals. A 3% fee may apply to card payments and other methods if monthly deposits exceed $50,000. Withdrawals are free if the amount is more than $50 or if the full account balance is withdrawn; otherwise, a $25 administration fee may apply.
A monthly inactivity fee of $10 applies to accounts with no open trades for at least 12 months with a positive account balance. Trading accounts with no activity for two years and a zero balance will be closed.
Accounts are denominated in a variety of currencies, including:
- AUD
- USD
- CAD
- CHF
- EUR
- GBP
- HKD
- JPY
- NZD
- SGD
Currency conversion fees apply when funding an account in a different currency from the base currency.
Trading Platforms Available on Axi
Trading Platforms Available on Axi
Axi doesn’t offer a proprietary trading platform. Instead, it supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), for which it holds full licensing. High-volume traders can benefit from free VPS hosting, which helps ensure fast trade execution and a stable connection. Additionally, the Axi Trading Platform mobile app enables users to trade and manage their accounts directly from their smartphones.
| Trading Platforms | Availability |
|---|---|
| MetaTrader 4 | |
| MetaTrader 5 | |
| cTrader | |
| TradingView | |
| NinjaTrader | |
| Proprietary Platform | |
| Mobile App |
Assets You Can Trade on Axi
Assets You Can Trade on Axi
Axi is a CFD broker with access to over 200 financial instruments. Traders can gain exposure to a wide variety of underlying assets, such as stocks, indices, forex, cryptocurrencies, and energy. However, the number of tradable assets is limited compared to competing CFD brokers such as AvaTrade and ATFX.
*Comparison between CFD brokers only
Looking for something else? Compare tradable assets, features, and more at a glance with our powerful broker comparison tool.
COMPARE BROKERSDeposit and Withdrawal
Deposit and Withdrawal
Funding Methods
Funding Methods
Axi supports funding through:
- Debit / Credit Card
- PayPal
- Revolut
Funding Methods
You can deposit funds via:
- E-wallets such as Neteller, Skrill, and Perfect Money
- Cryptocurrencies such as BTC, USDT, XRP, ETH, XLM, and LTC
- Debit/credit cards
- Bank transfers
- Broker-to-broker transfers
Deposits typically process instantly for cards and e-wallets, while bank transfers can take several business days. There’s no minimum deposit for the Standard and Pro accounts, but the Elite account has a high minimum deposit of $25,000.
Withdrawals are instant for e-wallets, but may take up to three days for other channels. Generally, the withdrawal and deposit methods must match, except for bank card deposits, which can be withdrawn to a bank account.
Educational Resources & Research Tools on Axi
Educational Resources & Research Tools on Axi
Research Tools
Axi offers a broad scope of content, blending in-house analysis with external research providers:
- Economic calendar
- Weekly newsletter
- Trading calculators
- PsyQuotation analytics
- Autochartist market analysis
- MT4 NextGen tools
- TradingCentral analysis
- Edge Score tool
Educational Resources
Axi provides a variety of learning materials through ebooks, glossaries, and tutorials. Through their Axi Academy, the broker provides:
- Trading courses
- Articles and guides
- Webinars
The resources span a broad range of topics suitable for traders of varying experience.
Axi Customer Support
Axi Customer Support
Support Channels
Axi offers 24/5 multilingual customer support via:
- Phone
- Live chat
Responses via phone and live chat are generally quick, while email replies tend to be slower. Overall, the customer service team is dedicated to solving issues efficiently and treating clients with care.
Language Support
Support is available in at least 13 languages, including:
- English
- Arabic
- German
- Spanish
- French
- Hindi
- Italian
- Japanese
- Korean
- Portuguese
- Thai
- Urdu
- Vietnamese
Safety and Regulations
Safety and Regulations
Axi is regulated by several financial authorities across its entities, including:
- ASIC
- FCA
- The Financial Markets Authority (FMA) in New Zealand
- Dubai Financial Services Authority (DFSA)
- The Financial Services Authority of St. Vincent and the Grenadines (SVG)
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Services Authority Seychelles (FSA)
- Financial Sector Conduct Authority (FSCA)
Axi segregates client funds and provides negative balance protection for forex spot and CFD trading, but only for retail clients from the European Union (EU) or under the ASIC. Professional and non-EU clients are not covered by negative balance protection. Axi also holds a Client Money Insurance policy providing retail clients with protection up to $1 million for balances above $20,000.
User Experience and Interface
User Experience and Interface
Desktop Navigation and Performance
Axi relies exclusively on MT4 and MT5 for its trading platforms, without offering a proprietary alternative. These platforms provide robust functionality, including support for custom scripts, Expert Advisors, VPS hosting, and integration with Autochartist and Trading Central.
While feature-rich, the interface design feels dated compared to the more modern platforms offered by some competitors.
Mobile Navigation and Performance
The Axi Trading Platform mobile app allows in-app trading and account management, access to copy trading, market news, and biometric login for secure and convenient access.
Axi clients can also trade from their smartphones using the MetaTrader mobile apps, which offer a near-identical experience to the desktop platforms—including charting, order management, and account syncing.
Final Verdict
Final Verdict
Axi is a tightly regulated broker that focuses on reliability, low spreads, and institutional-style features. It stands out for its low-cost forex trading, extensive selection of forex pairs, and strong educational resources. Axi also offers additional tools such as PsyQuation analytics and MT4 NexGen, making it appealing for traders interested in algorithmic and copy trading strategies.
However, Axi's primary limitation is its limited platform variety and more restricted asset selection compared to some larger competitors. Users have also reported occasional delays in customer support and restrictions on withdrawal methods.
Is Axi the Right Broker for You?
Axi is well-suited for forex traders familiar with MetaTrader platforms who prioritize security provided by strong regulatory oversight. It may appeal to experienced traders seeking low costs and those who employ algorithmic or copy trading strategies, benefiting from features like free VPS access and analytical tools. However, some traders may find the range of tradable instruments limited.
Who Should Trade with Axi?
Axi is ideal for a variety of traders due to its wide selection of account types, safety, vast library of educational content, and powerful trading tools.
It may not appeal to traders seeking broader market access beyond forex and core CFDs, or those who prefer platforms besides MetaTrader. Traders requiring 24/7 customer support or those who desire tighter spreads on Standard accounts might also consider alternative brokers.