Axi

Yes, founded in 2007, Axi is a global Forex and CFD broker regulated by several financial authorities, including:

• The Australian Securities & Investments Commission (ASIC) – AxiCorp Financial Services Pty Ltd (AFSL No. 318232)
• The Financial Conduct Authority (FCA) of the UK – Axi Financial Services (UK) Limited (FRN 466201)
• The Cyprus Securities and Exchange Commission (CySEC) – Solaris EMEA Ltd (Licence No. 433/23)
• The Dubai Financial Services Authority (DFSA) – Axi’s Dubai branch.

Client Protection Measures: Axi implements several measures to enhance client security:

• Segregation of Funds: Retail client money is held in segregated client accounts separate from the broker’s own funds under applicable client-money rules.
• Negative Balance Protection: Provided for retail clients under applicable regulations, ensuring clients cannot lose more than their deposited funds.
• Compensation Schemes (where applicable): Coverage depends on the entity and jurisdiction, such as FSCS protection in the UK, subject to local eligibility rules and limits.

Overview: Axi provides access to a wide range of CFD markets with high leverage available across several asset classes. Traders can access 170+ tradable instruments, including 70 Forex pairs, 100 share CFDs, indices, commodities, metals, cryptocurrencies and energy markets. Maximum leverage can reach 1:1000 on several asset classes under the international entity.

• Forex (leverage up to 1:1000): Trade 70 major, minor, and exotic FX pairs including EUR/USD, GBP/USD, AUD/USD, USD/JPY, and USD/CAD. High leverage of up to 1:1000 allows traders to control larger positions with relatively small margin requirements, making Forex the most leveraged asset class on the platform.
• Metals (leverage up to 1:1000): Axi offers 7 metal CFDs, including popular instruments such as gold and silver. Precious metals can be traded with leverage of up to 1:1000, allowing traders to speculate on price movements in global safe-haven assets.
• Commodities (leverage up to 1:1000): Traders can access 25 commodity CFDs, covering energy and agricultural markets. Instruments include widely traded raw materials such as crude oil and other global commodities, with leverage of up to 1:1000 available on selected contracts.
• Indices (leverage up to 1:1000): Axi provides 32 index CFDs, allowing traders to speculate on major global equity benchmarks such as the US 30, US 500, NASDAQ 100, Germany 40, and UK 100. Leverage can reach 1:1000, offering significant exposure to global equity markets.
• Stock CFDs (leverage up to 1:500): Trade 100 share CFDs covering major global companies. Stock CFDs allow traders to speculate on the price movements of individual companies without owning the underlying shares, with leverage of up to 1:500 depending on the instrument.
• Cryptocurrencies (leverage up to 1:200): Axi lists 35 cryptocurrency CFDs, including popular digital assets such as Bitcoin, Ethereum, and other major altcoins. Maximum leverage of 1:200 balances the high volatility of digital assets with meaningful trading exposure.
• WTI Energy Contracts (leverage up to 1:100): Traders can access 4 WTI crude oil contracts, offering exposure to global energy markets. Leverage on these instruments is capped at 1:100, reflecting the higher volatility of energy products.

Note: Maximum leverage depends on the regulatory entity servicing the account and may be reduced at higher position sizes under Axi’s tiered margin system. Margin requirements may also increase during periods of heightened market volatility.

Opening an account at Axi is a quick and hassle-free process. Our accounts were approved within minutes, which is exceptionally fast for the industry. 

Overview: Axi Trading Accounts: Axi offers three primary live account types designed to suit different trading styles and cost preferences: the Standard Account, Pro Account, and Elite Account. While all three accounts provide access to the same trading assets and core features, they differ in pricing structure, minimum deposit requirements, and additional benefits. This allows traders to select an account aligned with their experience level and trading volume—whether prioritising simplicity, lower spreads, or institutional-style pricing.

Standard Account

• Pricing Model: Spread-only pricing with no commissions.
• Minimum Deposit: No minimum deposit requirement.
• Spreads: Spreads start at 1 pip.
• Ideal For: Newer traders, casual traders, and those who prefer a simple cost structure without calculating commissions.

Key Benefits: Straightforward pricing with no commission charges, full access to trading assets, and complimentary trading tools to support strategy development.

Pro Account

• Pricing Model: Commission-based pricing with tighter spreads.
• Commission: 7 USD round trip per trade.
• Spreads: Minimum spreads start at 0 pips.
• Minimum Deposit: No minimum deposit requirement specified.
• Ideal For: Active traders, scalpers, and traders who prioritise lower spreads and are comfortable paying commissions.

Key Benefits: Raw-style spreads combined with transparent commission pricing, offering potentially lower overall trading costs for high-frequency traders.

Elite Account

• Pricing Model: Commission-based pricing with ultra-tight spreads.
• Minimum Deposit: 25,000 USD.
• Commission: 3.5 USD round trip per trade.
• Spreads: Spreads start at 0.0 pips on EUR/USD.
• Ideal For: Wholesale or professional traders seeking the lowest possible trading costs and enhanced trading support.

Key Benefits: Institutional-style pricing with reduced commissions, extremely competitive spreads, and premium support tools designed for high-volume traders.

Comparing the Three Accounts

The Standard Account is best suited to traders seeking a simple, commission-free pricing model with no minimum deposit requirement. The Pro Account is designed for more active traders who want tighter spreads and are comfortable paying a fixed commission per trade. The Elite Account caters to professional or high-volume traders, offering lower commissions, ultra-tight spreads, and additional premium benefits in exchange for a higher minimum deposit.

With Axi offering many of the most popular trading platforms, traders can choose the platform most suited to their trading style, from the much-loved MT4, to the more modern MT5, as well as the powerful TradingView.

We tested Axi’s MT4 app on an iPhone 15 and found that it synced well with the desktop and web trader versions. It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders. Traders can also follow the latest research and trends on real-time charts. 

The main benefit of using third-party platforms such as MT4, MT5 and TradingView is that traders can keep their customised versions of the platforms should they choose to migrate to another broker. MT4, MT5 and TradingView are available for Windows, Mac, and web browsers. Axi’s trading tools transform MT4 and MT5 into a state-of-the-art trading terminals. Read the trading tools section for more details. 

Trading Tools

Axi has a carefully selected range of trading tools that all MetaTrader users will find useful. While all of these tools are “free” to Axi clients, many of them are conditional on higher minimum deposits –  highlights include:

AutoChartist

Free to all Axi clients no matter their account balance, Autochartist is an award-winning automated technical analysis tool that plugs into the MT4 or MT5 and scans all available CFD markets for trading opportunities.

Autochartist’s advanced pattern recognition engine identifies the strongest potential trading opportunities and predicts future price movements. Some of Autochartist’s key features are:

• Chart pattern recognition
• Fibonacci pattern recognition
• Key level analysis
• Pattern quality indication

The market scanner provides statistically significant market movements and identifies important price levels that are catalysts for market movements.

PsyQuation Premium

With a minimum deposit of 500 AUD (or currency equivalent) you will get access to PsyQuation Premium. PsyQuation is one of the world’s most advanced data analytics plugins for retail traders. Using highly sophisticated algorithms, it works like a trading coach, analysing your trading style, identifying mistakes, and helping you avoid making similar mistakes again. Because every Axi client gets a unique PsyQuation Score, you can use the PsyQuation leaderboard to follow the most successful traders – details provided include performance history and equity curve. 

Auto/Social/Copy Trading

Axi also offers DupliTrade (with a 5000 AUD minimum deposit), a powerful auto-execution system that duplicates the trades of chosen strategy providers; Myfxbook, a free social trading plugin that allows you to follow and copy other traders; and ZuluTrade, another free social trading platform that easily allows you to follow and copy other traders.

MT4 Forex VPS Hosting

Axi clients can also subscribe to an MT4/MT5 Forex VPS hosting service from external third-party providers, helping ensure trades are never disrupted by technological or connectivity issues. Prices and exact services offered vary by provider, but some are free once you hit a minimum trading volume of 20 lots PCM.

Trading Tools Comparison

Broker

Economic Calendar

Autochartist

Trading Central

Trading View

Free VPS

VPS services are usually offered free with a minimum trade volume, otherwise a monthly subscription fee will apply. VPS services are usually hosted by third-party companies.

Axi

Yes

Yes

No

No

Yes

BlackBull Markets

Yes

Yes

No

Yes

Yes

Pepperstone

Yes

Yes

No

Yes

Yes

A well-regulated broker, Axi ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all non-profit withdrawals are returned to the deposit source. 

Base Currencies: Axi allows deposits and withdrawals in most common currencies, including USD, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN and SGD. Be aware that you will pay a conversion fee if the base currency of your account is anything other than your deposit currency.

Deposits and Withdrawals: Deposits are usually instant, but withdrawals are generally processed within 1-2 days, and all withdrawal requests must be made from within the client portal. Note that Axi does not allow any withdrawals by credit/debit card.

Trader education at Axi is detailed and flexible, available in both written and video format. Highlights of the education available include:

• Video tutorials on demand 
• Courses available in 24 languages
• An eBook with a simple lesson structure
• Frequent tests to monitor your progress
• Frequent webinars on both basic and advanced topics

Subjects covered include:

• Forex trading basics: Currency pairs, leverage, spreads, opening/closing trades
• Analysis techniques: Charts, technical analysis, support/resistance, using indicators and oscillators to support trading strategies
• Developing a trading strategy: Including day trading, news trading, trend trading and more
• Trading psychology: Risk management, greed and overcoming the fear of loss

While Axi’s educational content is not as broad or as deep as the best trading educators, like BDSwiss or IG Markets, it is still better than most ECN brokers and will be useful for both beginners and experienced traders.

Demo Account

Axi offers a demo account with a virtual balance of 50,000 USD that remains open for 30 days. While using your demo account, Axi will provide you with a dedicated account manager to assist you and answer any questions you may have. The demo account is an opportunity to experience Axi’s services without risking your money, but the 30-day limit is unusual – many brokers offer unlimited demo accounts (but without the dedicated account management service).

We found that Axi’s market analysis is less frequent than many other large international brokers, but the quality is excellent.

Aside from a perfectly functional Economic Calendar, Axi also runs a Market News Blog which features regular analysis, both technical and fundamental, as well as educational pieces and features. The regular analysis includes a weekly market preview, charts of the day, charts of the week, and a daily briefing on the market open.

Overall, not as in-depth as you may expect from a broker of this type, but all analysis is solid and well-written.

Toll-free numbers are available in Australia, China, Germany, Hong Kong, Indonesia, Malaysia, New Zealand, Singapore, Spain, Thailand, and the UK.

This support will help you get started and learn how to trade at any time of day that suits your schedule. For the purposes of the review, we tested the live chat and email services. Our email was answered within hours to our satisfaction. The live chat agents were also responsive and highly knowledgeable.