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Axi Review

Our rating 3.9/5 Reviewed by Top30ForexBrokers Team Published Updated How we rate

ASIC & FCA Regulated

Multi-jurisdiction Negative-balance protection Segregated funds

$100 Recommended Minimum Deposit

$100 recommended minimum (Standard/Pro) Fast funding MT4 mobile & desktop

Standard, Pro & Elite

Standard 0.68 pips Pro 0.0 + $4.50 round trip Swap-free option

Trustpilot 4.2 / 5

4,300+ reviews MT4 platform 350+ markets

Axi at a Glance — Brand Profile & Stats

Who is Axi?

Axi (formerly AxiTrader) is an established Australian FX/CFD broker trading on MetaTrader 4, known for fast execution and competitive raw spreads.

Why it matters: a long-standing, strongly-regulated broker with a low barrier to entry.

Regulation & Licenses

Axi is not one company. Three separate entities are named on axi.com, and which one onboards you decides your regulator, your leverage and your protections:

  • Australia & New Zealand — AxiCorp Financial Services Pty Ltd (ACN 127 606 348), ASIC AFSL 318232 and NZ Derivatives Issuer Licence FSP 518226.
  • United Kingdom — Axi Financial Services (UK) Limited (England & Wales 6050593), FCA Firm Reference Number 466201.
  • Everyone else (the "international" entity) — AxiTrader LLC, St Vincent and the Grenadines, number 4303 LLC 2025, registered with the SVG Financial Services Authority and a member of The Financial Commission.
Why it matters: if you are not in the UK, Australia or New Zealand you are most likely onboarded by the St Vincent and the Grenadines entity, which is where the high leverage lives and which is not an ASIC or FCA licence. Segregated funds and negative-balance protection are stated by Axi for its Australian and New Zealand retail clients. Confirm your entity in the client agreement before you fund. (Sources: axi.com international, UK and Australian site footers, checked 17 September 2026. No DFSA licence number is published on the pages checked.)

What Traders Say (Trustpilot)

Rated about 4.2 / 5 on Trustpilot from 4,300+ reviews, with ~72% of reviewers satisfied.

Honest take: a strong, well-reviewed broker; still test withdrawals as with any broker.

Lowest-Cost Entry

$100 recommended minimum deposit on Standard and Pro accounts, with raw spreads from 0.0 pips on Pro.

Why it matters: a $100 recommended minimum keeps entry accessible.

Account Types & Spreads by Tier

Standard — $100 min

EUR/USD from 0.68 pips, no commission.

Best for: beginners wanting simple all-in pricing.

Pro / Raw — $100 min

Raw spreads from 0.0 pips + $4.50 round trip commission.

Best for: active and high-volume traders.

Elite — from $25,000

Premium conditions and pricing for high-balance traders.

Best for: serious, well-funded traders.

Swap-Free

Sharia-compliant, swap-free accounts available.

Best for: swap-sensitive traders.

Top Axi Alternatives

Pepperstone

Raw spreads, fast execution, MT4/MT5/cTrader/TradingView.

Pick Pepperstone for platform choice. Read our full Pepperstone review

IC Markets

True ECN raw spreads and deep liquidity, ASIC/CySEC.

Pick IC Markets for genuine ECN. Read our full IC Markets review

FP Markets

Australian broker with raw spreads and strong execution.

Pick FP Markets for a close ASIC alternative. Read our full FP Markets review

IG

Industry heavyweight, deeply regulated, huge market range.

Pick IG for scale and regulation. Read our full IG review

Trading Conditions & Platforms

Leverage

Axi publishes a maximum of 1000:1 on the international site, on all three account tiers. Retail caps are far lower: 30:1 on the UK site under FCA rules and 30:1 on the Australian site under ASIC rules.

Why it matters: the 1000:1 figure belongs to AxiTrader LLC in St Vincent and the Grenadines, not to the ASIC or FCA entity. Australian and New Zealand retail clients are capped at 30:1 exactly as UK clients are — getting the high leverage means being onboarded offshore. (Source: axi.com international, UK and Australian trading-accounts pages, checked 17 September 2026.)

Spread Model

Standard = all-in spread (no commission); Pro = raw 0.0 pips + $4.50 round trip.

Why it matters: Pro is cheaper once your volume is high.

Platform

MetaTrader 4 on desktop, web and mobile, with full EA support and Axi-exclusive tools.

Why it matters: your MT4 EAs and indicators work directly.

Markets

70+ FX pairs and 280+ CFDs across stocks, commodities, indices and crypto.

Why it matters: solid range for a focused MT4 broker.

Commissions & Trading Costs

Standard Pricing

EUR/USD from 0.68 pips, no commission — your cost is the spread.

Best for: casual traders who want simple pricing.

Pro / Raw Pricing

Raw spreads from 0.0 pips + $4.50 round-trip commission.

Best for: active/high-volume traders.

Commissions

$4.50 round trip on Pro; $3.50 round trip on Elite; none on Standard.

Why it matters: high turnover favours raw + commission.

Swaps & Overnight

Standard overnight swap rates apply; swap-free accounts are available.

Why it matters: swap-free suits position traders avoiding interest.

Deposits

Cards, bank transfer and e-wallets, with no Axi deposit fees.

Why it matters: flexible, low-friction funding.

Withdrawals

Multiple methods with competitive processing times.

Heads-up: test a small withdrawal first, as with any broker.

Why Trade With Axi

Fast Execution

Competitive execution speeds and deep liquidity for FX/CFDs.

Why it matters: tighter fills for active strategies.

Axi Academy

Free education, webinars and guides for new and developing traders.

Why it matters: good learning resources for beginners.

PsyQuation

AI-driven analytics that score your trading and flag risky behaviour.

Why it matters: data-driven feedback to improve discipline.

Copy Trading

Copy-trading options let you follow experienced traders.

Why it matters: a hands-off path for newer traders.

24/5 Support

Multilingual customer support during market hours.

Why it matters: help when you need it most.

Award-Winning

Axi has won multiple industry awards for service and execution.

Why it matters: external recognition of reliability.

Axi Select — Capital Program

Axi Select — Capital Program

Axi Select is Axi's performance-based capital program where consistent traders can scale allocations up to $1,000,000.

Why it matters: a funded-trading path on top of a regulated broker — read the rules carefully.

Deposits, Withdrawals & Safety

Deposits, Withdrawals & Safety

Client funds are held in segregated accounts with negative-balance protection. Funding via cards, bank and e-wallets.

Why it matters: segregation + NBP protect you from broker insolvency and negative balances.

Restricted Countries

Where Axi Is Restricted

Axi does not accept USA clients. Your entity, leverage and protections depend on your country.

🇺🇸 USA🇮🇷 Iran🇰🇵 N. Korea🇸🇾 Syria
Verify first: confirm which Axi entity will onboard you.

Video Guides & Reviews

Watch Before You Trade Axi

Axi Review 2026 — Worth Your Time?►Axi Review 2026 — Worth Your Time?Axi Review — Is Axi Trustworthy?►Axi Review — Is Axi Trustworthy?Axi — Pass or the Axe? Broker Review►Axi — Pass or the Axe? Broker ReviewAxi Review in 60 Seconds►Axi Review in 60 Seconds

Axi Review

Pros and Cons of Axi

Pros and Cons of Axi are widely discussed in Axi Broker reviews. Pros include verified brokers, cashback programs, MT4 support, and global market access. Cons may include limited regional broker availability and occasional delays in alerts. Axi emphasize that overall benefits outweigh drawbacks. Axi comparison articles conclude that Axi is beginner-friendly and valuable for both learning and trading.

Read Alternative Tools : Elite Trader Funding Review | Eightcap Review | BlackBull Markets Review | Activtrades Review | Xm Review

What is the Pricing of Axi?

Axi does not sell memberships or subscription plans — what you pay is your trading cost, not a monthly fee. Account setup is free, but Axi does not advertise a zero minimum deposit: its own account pages state a recommended minimum deposit for each tier. These are the figures Axi publishes on the international site.

AccountRecommended min depositEUR/USD spread fromCommissionMax leverage
Standard$1000.68 pipsNone1000:1 international / 30:1 UK and AU
Pro$1000 pips$4.50 round trip1000:1 international / 30:1 UK and AU
Elite$25,0000 pips$3.50 round trip1000:1 international

Two things the older version of this page got wrong are worth stating plainly. The Pro commission is $4.50 per round trip, not $7 — the $3.50 figure is Elite’s round-trip rate, not a per-side rate. And the Elite tier is not available on the UK or Australian sites, which list Standard and Pro only.

Standard overnight swap rates apply, swap-free accounts are available, and Axi does not charge a deposit fee of its own. Which account works out cheaper depends on your volume: spread-only pricing is simpler for casual traders, while raw spreads plus commission usually cost less once turnover is high. Axi also notes that withdrawals are subject to minimum limits without publishing the amounts on the pages checked.

Source: axi.com/int/trading-accounts, axi.com/uk/trading-accounts and axi.com/au/trading-accounts, checked 17 September 2026. Confirm current spreads, commissions and withdrawal charges on Axi’s own account pages before you fund an account.

Comparing Axi vs IC Markets

When comparing Axi vs IC Markets, it is clear they cater to traders differently. Axi is built around the MetaTrader ecosystem and bundles add-ons such as Autochartist, PsyQuation and MT4 Genesis at no extra charge, with a recommended minimum deposit of $100 to open an account. IC Markets is positioned on true ECN execution, raw spreads and deep liquidity under ASIC and CySEC oversight. On cost, Axi's Standard account is spread-only from 0.68 pips on EUR/USD while its Pro account runs raw spreads from 0.0 pips plus $4.50 per round trip, so the cheaper of the two depends on your trading volume. If MT4 depth and free analytics tools matter most, Axi is the closer fit; if ECN routing is the priority, compare IC Markets directly before choosing.

Axi Review 2026: Is This MetaTrader Specialist Still a Top Choice?

In 2026, Axi (formerly AxiTrader) remains a dominant force in the retail brokerage space, particularly for those who prioritize the MetaTrader ecosystem. While many brokers have pivoted to proprietary web apps, Axi has doubled down on its "MT4/MT5 Specialist" reputation by offering a suite of premium, free-of-charge add-ons like Autochartist, PsyQuation, and advanced MT4 Genesis tools. With a $100 recommended minimum deposit and ultra-fast ECN execution, Axi serves as a high-performance hub for over 70 Forex pairs and an expanded range of 150+ Share CFDs and Cryptocurrencies. For algorithmic traders in 2026, Axi’s fiber-optic connectivity to Equinix data centers ensures that latency is kept to a minimum, making it one of the most reliable choices for running Expert Advisors (EAs). If you are looking for a broker that combines a decade of stability with modern trading tools, Axi continues to set the benchmark.

Why Choose Axi? What Stands Out — and What to Watch

★ Check Trustpilot for current rating
$100 min · raw 0.0 pips · MT4
Try Axi →
Axi
ASIC & FCA-regulated MT4 FX/CFD broker
★ 4.2 / 5 · 4,300+ reviews
$100 min · raw from 0.0 pips
Axi Select — scale to $1M
Try Axi →
The first thing to settle is which Axi you are dealing with. Australian and New Zealand clients go to AxiCorp Financial Services Pty Ltd (ASIC AFSL 318232, NZ FSP 518226), UK clients to Axi Financial Services (UK) Limited (FCA Firm Reference Number 466201), and everyone else to AxiTrader LLC in St Vincent and the Grenadines (number 4303 LLC 2025, SVG Financial Services Authority). That last one is an offshore registration, not a tier-1 licence, and it is the entity behind the headline leverage: axi.com publishes up to 1000:1 on the international site, against 30:1 for retail clients on both the UK and the Australian sites. On cost, Axi charges no account setup fee, but it does not publish a zero minimum deposit either — its own account pages give a recommended minimum deposit of $100 on Standard and Pro and $25,000 on Elite. Standard is spread-only from 0.68 pips on EUR/USD with no commission, Pro runs raw spreads from 0 pips plus $4.50 per round trip, and Elite runs raw spreads from 0 pips plus $3.50 per round trip. There is no monthly membership fee. All figures from axi.com, checked 17 September 2026 — confirm them on Axi’s own account pages before you fund. Trustpilot sits around 4.2 out of 5 from 4,300+ reviews, with roughly 72% of reviewers satisfied. Test a small withdrawal first, as with any broker.

Frequently Asked Questions

Axi is a retail forex and CFD broker. You open an account with Axi and trade through it directly, rather than being routed to third-party brokers. It offers MetaTrader 4 alongside its own platforms across forex and CFD markets. The Axi entity that onboards you depends on where you live, and that entity determines which regulator authorises your account, the maximum leverage you can use and the protections that apply, so it is worth confirming which one you are signing up with.
Treat any single review, this one included, as a starting point rather than a verdict. The things that decide whether a broker suits you are checkable facts rather than opinions: which entity would hold your account and which regulator authorises it, the all-in cost of a round-turn trade on the account type you would actually open, the platforms and instruments available, and the deposit and withdrawal terms. Verify each of those against Axi's own current account specifications and the relevant regulator's public register before funding an account.
A review earns its place when it tells you what trading with the broker actually costs and what protections apply. For Axi that means the difference between the Standard account, which charges the spread alone with no commission, and the Pro account, which charges a raw spread plus a commission per lot; which platforms you can trade on; and which regulated entity would hold your account. Use a review to narrow a shortlist, then confirm the current figures on the broker's own pricing and account pages before you commit.
Axi is a broker, so its main features are the ones that affect an actual trade: MetaTrader 4 on desktop, web and mobile alongside Axi's own platforms; a choice of account types with different cost structures, the spread-only Standard account and the commission-based Pro account; the range of forex and CFD instruments offered; swap-free accounts for traders who need them; and the supported funding and withdrawal methods. The Axi entity that holds your account also sets the maximum leverage available to you, so check the specifications that apply to your own account.
An Axi MT4 account gives you the MetaTrader 4 terminal on desktop, web and mobile, with its charting, indicators and support for automated strategies through expert advisors. You log in with the credentials issued for the specific account you opened, and the account type you chose is what determines your cost: the Standard account charges the spread alone, while the Pro account charges a raw spread plus a commission per lot. Open positions, margin and account history are all managed inside the same terminal.
In its favour, Axi sets a recommended minimum deposit of $100 on Standard and Pro, offers MetaTrader 4 alongside its own platforms, and lets you choose between a spread-only Standard account and a Pro account with raw spreads plus commission, with swap-free accounts available. Against that, the entity that onboards you depends on where you live, and that sets both your leverage cap and the protections you have, so the terms are not identical for every client. CFDs are leveraged products and losses can build faster than expected, so judge the total cost per round turn at the volume you actually trade rather than the headline spread.
Leverage lets you control a position larger than the margin you post, which magnifies losses as well as gains. The maximum leverage on an Axi account depends on the instrument, the account type and the regulator that authorises the entity holding your account, so retail clients in some jurisdictions are capped well below the highest figure a broker advertises. Before trading on leverage, check the current margin requirement, the margin-call level and the stop-out terms for the instruments you actually trade.
Axi does not sell subscription plans or membership tiers. What you choose is an account type, and that is where the cost sits: the Standard account charges the spread alone with no commission, while the Pro account charges a raw spread plus a commission per lot, and swap-free accounts are available. The recommended minimum deposit is $100 on Standard and Pro, and $25,000 on Elite. Which account works out cheaper depends on your trading volume, so compare the all-in cost of a round-turn trade on each rather than the headline spread.
There is no membership or subscription fee — Axi's pricing sits inside your trading costs. The recommended minimum deposit is $100 on Standard and Pro and $25,000 on Elite; the Standard account charges the spread alone, EUR/USD from 0.68 pips with no commission, while the Pro account charges raw spreads from 0.0 pips plus $4.50 per round trip and Elite $3.50 per round trip. Swap-free accounts are available and Axi adds no deposit fee of its own. Check the broker's live pricing page for current figures before you trade.
FXStreet, BabyPips and the Investopedia simulator are news, education and paper-trading resources rather than brokers, so they are not alternatives to Axi in any practical sense. Brokers traders actually weigh against Axi include IC Markets, Pepperstone and AvaTrade, all of which run MetaTrader alongside their own platforms. Compare them on account type, total cost per round turn at your expected volume, and the regulated entity that would hold your account.

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