Company Overview

Axi is a leading online Forex and CFD broker, founded in Australia in 2007. Since then, it has expanded significantly to have offices and operations in Europe, Asia, Africa, the Middle East and South America, serving clients & partners in more than 100 countries.

Products

The company’s core service is online currency (Forex) and CFD trading. Axi offers more than 200 different trading products covering many widely traded asset classes, such as US, UK, and EU shares, stock indices, cryptocurrencies and commodities, which include precious metals (gold, silver, copper), energy (oil) and agricultural products (coffee, cocoa, soybeans).

Note: due to local/government regulations in different regions, cryptocurrency trading may not be available in certain jurisdictions. For more details, refer to the Product Schedule on the broker’s website.

The company delivers its trading services through the leading online trading platform MetaTrader 4 (MT4) and custom mobile applications, enhanced by advanced trading tools (see more below).

Trading Accounts

Axi provides three main account types, giving would-be traders the flexibility to choose the one that best suits them, their trading style and their goals.

All Axi accounts are free to set up and provide access to the full range of trading products, platforms and tools. The accounts differ in spreads, commission, deposit requirements, base account currencies and leverage.

Standard Account

Our most popular account for all types of traders.

• Spreads from 0.4 pips.
• $0 commission on trading.
• Minimum trade size: 0.01 lots.
• Minimum deposit: $0.
• No fees on deposit & withdrawals.
• Account currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD.

Pro Account

Enjoy lower spreads with a fixed commission.

• Spreads from 0.0 pips.
• USD $7 round trip commission.
• Minimum trade size: 0.01 lots.
• Minimum deposit: $0.
• No fees on deposits & withdrawals.
• Account currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD.

Elite Account

Account for experienced and professional clients.

• Spreads from 0.0 pips.
• USD $3.50 round trip commission.
• Minimum trade size: 0.01 lots.
• Minimum deposit: USD $25,000.
• No fees on deposits & withdrawals.
• Account currencies: USD, EUR, GBP, AUD.

All accounts come with complimentary access to the advanced trading tools Autochartist, Myfxbook AutoTrade, and PsyQuation Premium, plus VPS.

Axi also offers a Swap-free, no-interest account ideal for traders who, due to their religious beliefs, are unable to earn or pay interest.

For anyone new to trading – or for more experienced traders wanting to test strategies with the broker before committing to a full account – Axi offers a free Demo trading account that gives the user a 30 day trial using only virtual funds. This removes risk of having to use your own money, while still getting an accurate feel for the service, products, pricing and trade execution.

Pricing and Trading Costs

There are several key reasons why Axi is so competitive in terms of price. Low spreads Firstly, Axi offers consistently low spreads across a wide range of standard trading products, including market-leading conditions in specific asset classes such as Share CFDs, and ultra-competitive rates on top cryptocurrencies. Raw spreads on some accounts and products are as low as 0.0 pips. Combined with an extremely robust trading network/infrastructure, traders with Axi enjoy stable pricing and reliable execution. Real-time pricing comparisons can be made directly on the broker’s website.

No fees or commissions

Second, trading on standard accounts incurs no fees or commission, and there is no minimum deposit requirement, making Axi a compelling option for budget-conscious traders, or anyone who doesn’t want to be hit by surprise charges.

Flexible leverage

Third, the broker offers flexible leverage, up to 500:1 on some standard products, giving traders more control over their margin requirements.

Note: due to local/government regulation in different regions, the available leverage rates for traders will vary between jurisdictions. A full list of exclusions can be found on the broker’s website.

In general, the combination of highly competitive spread pricing, no fee accounts and flexible leverage make Axi an excellent choice for clients who want to spend less on account maintenance and have more of their money to put towards trading.

Trading Education

Axi leverages the expertise of its team of analysis to create a range of free educational content for traders of all levels:

• The Axi Academy is aimed at beginners, with self-paced online courses aimed at helping people learn the basics of trading through popular products: Forex, Gold, Cryptocurrency and Shares.
  
  
• Trading eBooks provide detailed information about specific aspects of trading. For new traders, there are how-to guides on Forex, Indicators, Price Action, Trade Management and Strategies, and how to use the MT4 platform.
  
  
• The Axi Blog contains up-to-date market news, including deeper insights and analysis of major market movements and trends, and what they mean for traders. New content, including analysis of new products and trending topics, is updated daily and weekly.
  
  
• Axi has a long-running series of online trading webinars and in-person trading seminars that explore different trading topics. These are hosted by experts from the Axi team, or in collaboration with third parties such as pro traders, analysts and industry specialists.
  
  
• The Axi social channels provide daily content – including analysis of trending topics, major market movements and data releases – and regular trading competitions.

Trading Platforms and Apps

MetaTrader 4

Axi clients connect to the global trading markets using the MetaTrader 4 (MT4) trading platform. Registration through the broker gives you complimentary access to the trading software as a standalone desktop platform, mobile app, and though a web browser (MT4 WebTrader).

Axi Proprietary Trading Platform

The Axi Trading Platform provides access to the full suite of trading products offered by Axi through a custom-designed app that’s available for all major mobile devices and operating systems. The app is regularly updated with new features.

Note: Axi Trading Platform is available for download through the App Store and Google Play, but may not be available in all regions, depending on local regulations.

Axi Copy Trading

In 2022 Axi partnered with specialist financial services software developer Pelican Exchange to create the Axi Copy Trading app. This allows users to find top traders around the world and copy their trades in real-time, or simply to trade as an individual using the app (available for Android and iOS devices).

Trading Tools

Axi provides complimentary access to a suite of advanced trading tools that enhance the standard MT4 trading experience.

• MT4 NexGen offers more extensive features for professional traders, including advanced management tools, sentiment trading, correlation trading, and enhanced ordering.
  
  
• Axi has partnerships with several VPS hosting providers who offer external server connections designed to ensure trading accounts retain 24 hour connectivity and are not disrupted by technological or connection issues.
  
  
• An Economic Calendar provides a quick view of all the important market news and data release events that are likely to impact markets and influence sentiment and trading decisions.
  
  
• Axi sends Weekly and Monthly Market Newsletters which provide succinct analysis and commentary of key recent market events, as well as previews of upcoming events and how they might impact trade decisions.

Payments

Axi offers a range of secure, no-fee payment methods through well-known payment providers, both globally and locally. Universal forms of transaction (e.g. credit/debit cards, bank transfers) are available to all clients worldwide, with specialty payment methods specific to individual countries or regions (for example, Boleto in Brazil). This approach makes it easier for clients to process deposits and withdrawals using the most convenient and cost-effective method for them.

As part of its expanding business in crypto assets, Axi accepts payments in several cryptocurrencies including Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Stellar (XLM) and Ripple (XRP).

Note: due to local/government regulation in different regions, cryptocurrency payments may not be available in certain jurisdictions. For more details, refer to the broker’s website.

Deposits and withdrawals to or from Axi incur no direct fees.

Axi local payment methods

Axi Partnership Programs

Axi runs several partner and loyalty programs, allowing traders, referrers and other active partners to work with the broker to earn rewards and commission, and easily manage funds on client accounts.

• Axi Affiliates pays partners every time they refer a qualified client to Axi. Its tiered structure means that as more traders are referred, the referrer receives higher commission, up to USD $1,000 per qualified client. The program can be accesses through an online registration which is fast and simple to set up.
  
  
• The Axi Introducing Broker program offers flexible remuneration based on the trading volume the clients refer to the broker. Simply put, you refer someone to Axi, they start to trade, and you get paid.
  
  
• The Axi IB Loyalty Program also offers generous additional rewards – including luxury cars, cash, luxury vacation and gold bullion – when a partner hits specified targets.
  
  
• For Fund Managers, Axi offers comprehensive a Multi-Account Management (MAM) and Percentage Allocation Management Module (PAMM) service that gives allocated fund/money managers the ability to trade quickly and easily across multiple client accounts. These professional accounts offer deep liquidity, tight spreads, low latency and reliable trade execution.

Axi partners are also eligible to enter, or are automatically entered into, regular exclusive competitions and bonus offers.

Note: due to local/government regulation in different regions, competitions and bonus offers might vary between jurisdictions. A full list of exclusions can always be found in the terms and conditions of the relevant competition/offer, or on the broker’s website.

Trust, Reputation and Regulation

Axi is a multi-award-winning broker that is regularly recognised at industry and consumer-focused awards around the world. It has a highly favourable reputation with traders, and is rated ‘Excellent’ based on 1,200+ consumer reviews on the leading review site Trustpilot.

Axi is licensed and regulated in several jurisdictions around the world, with regulatory bodies including Australian Securities & Investments Commission (ASIC), Financial Conduct Authority (FCA), Financial Markets Authority (FMA), and Dubai Financial Services Authority (DFSA).

Since 2020, Axi has been in a partnership with the Manchester City Football Club, as the high profile English Premier League team’s Official Online Trading Partner.