Axi Review · 2026

What is Axi?

Axi is a Sydney, Australia-based forex and CFD (Contract for Difference) broker founded in 2007 under the corporate name AxiCorp Financial Services Pty Ltd. The group rebranded from "AxiTrader" to "Axi" in 2021 and now operates through five separately licensed entities across Australia, the United Kingdom, the United Arab Emirates, New Zealand, and Cyprus.

Ownership remains with the original Australian founders, and no public listing or private-equity acquisition has been disclosed. Axi reports active clients in more than 100 countries, with primary client servicing run out of its Sydney head office and London branch. The broker positions itself as an MT4-first STP (Straight Through Processing) operator, routing client orders to liquidity providers rather than acting as a market maker on most pairs.

The group also runs Axi Select, an in-house funded-trader program where evaluated traders receive an allocation against Axi's own capital, and Axi Copy, a social copy-trading layer built on top of the MT4 ecosystem.

Which regulators license Axi?

Axi discloses authorization from three Tier-1 regulators and two Tier-2 regulators, each tied to a distinct legal entity and product set. Verification was run against each regulator's public register on the date of this review.

• ASIC (Australian Securities and Investments Commission): AxiCorp Financial Services Pty Ltd, AFSL 318232, active registration on ASIC Connect.
• FCA (UK Financial Conduct Authority): Axi Financial Services UK Ltd, FRN 466201, active registration on the FCA Register. UK clients fall under the FSCS (Financial Services Compensation Scheme), which covers investment claims up to £85,000.
• DFSA (Dubai Financial Services Authority): Axi Financial Services (DIFC) Ltd, reference F003742, professional-client only.
• FMA (Financial Markets Authority) New Zealand: AxiCorp Financial Services NZ Limited, FSP485544.
• CySEC (Cyprus Securities and Exchange Commission): Axi Financial Services (CY) Ltd, license 464/25, with ICF coverage up to €20,000 per eligible EU client.

The FCA suspended Axi Financial Services UK Ltd for four months in 2020 over client-money reporting failures (source: FCA public records, 2020); the firm has since returned to active status. No current active warning appears against any Axi entity on the FCA Warning List, ASIC banned list, or CySEC warnings as of the scan date.

What trading platforms does Axi offer?

Axi runs primarily on MetaTrader 4 (MT4), the third-party retail forex standard, with MT5 available on selected entities and TradingView chart integration layered on top. The broker does not offer cTrader.

MT4

MT4 is offered on desktop, web, and mobile (iOS and Android). It supports Expert Advisors (automated strategies written in MQL4), custom indicators, and one-click trading. Axi adds a proprietary MT4 Premium plug-in pack with sentiment indicators, correlation matrices, and advanced order types.

MT5

MT5 is available to clients under the offshore and selected EU entities. It extends MT4 with more order types, an economic calendar, and a built-in DOM (Depth of Market).

TradingView and analytics

Axi integrates with TradingView for chart-trading and offers PsyQuation, a behavioral analytics tool that grades trading discipline against a peer set.

What account types does Axi offer?

Axi offers three live account models plus an Islamic option and a demo. Each model differs primarily in spread structure and commission rather than in product access.

Standard Account

The Standard account carries a spread mark-up and no commission. Spread (the gap between the bid price and the ask price) on EUR/USD starts from 0.6 pip in typical conditions. Minimum deposit is 0 USD.

Pro Account

The Pro account is a raw-spread account: EUR/USD spreads start from 0.0 pip, with a commission of 7 USD round-turn per standard lot. Minimum deposit is 0 USD.

Elite Account

The Elite account is a high-volume tier with the same raw 0.0 pip spread starting point and a reduced commission of 3.50 USD round-turn per standard lot. Minimum balance is 25,000 USD.

Islamic Account

The Islamic (swap-free) account removes overnight financing charges on most instruments to align with Sharia principles. Some exotic pairs and metals carry an administration fee in place of swap.

What is Axi's minimum deposit?

Axi sets the minimum deposit at 0 USD for the Standard and Pro accounts at the offshore and international entities, which is below the typical industry band of 100-250 USD. The Elite account requires a 25,000 USD minimum balance. Funded-trader applicants entering the Axi Select program have no deposit requirement but pass an evaluation phase before receiving allocation.

Deposit and withdrawal methods

Axi accepts deposits and withdrawals across bank-transfer, card, e-wallet, and crypto channels. The broker pays its own deposit fees; withdrawals follow the same channel used for the original deposit, in line with anti-money-laundering rules.

Bank wire

Domestic and international bank transfers process within 1-3 business days inbound and 3-5 business days outbound.

Cards

Visa and Mastercard deposits clear within minutes; refunds back to card take 3-5 business days.

E-wallets

Skrill, Neteller, and PayPal (regional) process near-instantly on both deposits and withdrawals during business hours.

Crypto

BTC and USDT deposits route through a regulated payment processor and credit after on-chain confirmation.

Tradeable instruments

Axi covers more than 80 forex pairs plus four further asset classes via CFD wrappers. Direct share ownership and physical commodity ownership are not offered.

• Forex: 80+ majors, minors, and exotics.
• Indices: 18 global cash and futures indices (US500, GER40, UK100, AUS200, etc.).
• Commodities: gold, silver, oil (WTI and Brent), and base metals.
• Share CFDs: roughly 100 US and EU large-cap names.
• Crypto CFDs: BTC, ETH, and selected altcoins (not offered to UK retail clients per FCA rules).

Spread and commission structure

Axi's pricing model splits between spread-only and raw-spread plus commission, with the Elite tier offering the lowest combined cost per trade. Reported figures sit inside the offshore-licensed broker pricing band.

Standard account spreads

EUR/USD typical spread starts at 0.6 pip, USD/JPY from 0.7 pip, gold from 18 cents per ounce. No per-trade commission.

Pro and Elite spreads

EUR/USD raw spread starts at 0.0 pip. Effective all-in cost for Pro is 0.7 pip (0.0 raw plus 7 USD round-turn = 0.7 pip on a standard lot); Elite drops the all-in cost to roughly 0.35 pip.

Leverage and margin requirements

Axi applies leverage caps per regulator and per client classification. EU and UK retail clients follow the ESMA 1:30 cap on major forex pairs; offshore-international clients can access up to 1:500 on majors. Professional-client status (subject to FCA and CySEC criteria) restores higher leverage in regulated jurisdictions.

Margin requirements vary by instrument class: 3.33% on major forex, 5% on minor pairs, 5% on major indices, 10-20% on shares, and 50% on crypto CFDs where offered. The platform applies a stop-out at 20% of required margin per Axi's official terms.

How does Axi's customer support work?

Axi runs customer support 24 hours a day, 5 days a week (closed during weekend market hours) in 13 languages, including English, Arabic, Spanish, Chinese, Thai, Vietnamese, and Indonesian. Channels include live chat on the website and inside the client portal, email at support@axi.com, and regional phone numbers for Australia, the UK, and the UAE. The user-aggregate rating for Axi's support sits in the 4.3-4.5 out of 5 band (scan date 2026-05-19) based on public review databases.

Axi mobile app and trading experience

Axi delivers mobile trading through the standard MT4 and MT5 mobile apps plus a thin proprietary Axi Mobile app for account management. App-store ratings for the proprietary app sit in the 4.4 to 4.6 out of 5 band across iOS and Google Play as of the scan date. The MT4 mobile app supports full order management, charting with 30 built-in indicators, EA monitoring (though not running EAs natively on mobile), and biometric login.

Who is Axi best for?

Axi fits the trader who values multi-regulator coverage and raw MT4 pricing over platform variety. Three findings shape that profile:

• Five-regulator structure (ASIC, FCA, DFSA, FMA-NZ, CySEC) gives jurisdiction choice and FSCS investor protection for UK clients up to £85,000, a meaningful safety floor.
• The 0.0 pip Pro account at a 0 USD entry threshold is priced competitively for raw-spread MT4 access; the catch is the Pro/Elite split, where Elite's 25,000 USD bar locks the lowest commission tier behind material capital.
• Platform breadth is narrow: MT4-led, with MT5 on selected entities and TradingView integration, but no cTrader and no fully proprietary desktop terminal. Traders who require cTrader or a unified web platform will find the offering thin.

The 2020 FCA suspension and recovery is a documented data point worth checking against the trader's own due-diligence standard; current registration status is active across all five entities.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.