Axi Review
ASIC & FCA Regulated
$0 Minimum Deposit
Standard, Pro & Elite
Trustpilot 4.2 / 5
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.
Regulation & Licenses
Regulated by ASIC (Australia), FCA (UK), DFSA (Dubai) and FMA (NZ), with segregated funds and negative-balance protection.
What Traders Say (Trustpilot)
Rated about 4.2 / 5 on Trustpilot from 4,300+ reviews, with ~72% of reviewers satisfied.
Lowest-Cost Entry
$0 minimum deposit on Standard and Pro accounts, with raw spreads from 0.0 pips on Pro.
Account Types & Spreads by Tier
Standard — $0 min
Spreads from 0.9 pips (≈1.2 avg EUR/USD), no commission.
Pro / Raw — $0 min
Raw spreads from 0.0 pips + $3.50/side ($7 round-turn) commission.
Elite — from $25,000
Premium conditions and pricing for high-balance traders.
Swap-Free
Sharia-compliant, swap-free accounts available.
Top Axi Alternatives
Pepperstone ★★★★★
Raw spreads, fast execution, MT4/MT5/cTrader/TradingView.
IC Markets ★★★★★
True ECN raw spreads and deep liquidity, ASIC/CySEC.
FP Markets ★★★★½
Australian broker with raw spreads and strong execution.
IG ★★★★★
Industry heavyweight, deeply regulated, huge market range.
Trading Conditions & Platforms
Leverage
Up to 1:500 for international clients; 1:30 for EU/UK retail under ESMA/FCA.
Spread Model
Standard = all-in spread (no commission); Pro = raw 0.0 pips + $7 round-turn.
Platform
MetaTrader 4 on desktop, web and mobile, with full EA support and Axi-exclusive tools.
Markets
70+ FX pairs and 280+ CFDs across stocks, commodities, indices and crypto.
Commissions & Trading Costs
Standard Pricing
Spreads from 0.9 pips, no commission — your cost is the spread.
Pro / Raw Pricing
Raw spreads from 0.0 pips + $7 round-turn commission.
Commissions
$3.50 per side ($7 round-turn) on Pro; $0 on Standard.
Swaps & Overnight
Standard overnight swap rates apply; swap-free accounts are available.
Deposits
Cards, bank transfer and e-wallets, with no Axi deposit fees.
Withdrawals
Multiple methods with competitive processing times.
Why Trade With Axi
Fast Execution
Competitive execution speeds and deep liquidity for FX/CFDs.
Axi Academy
Free education, webinars and guides for new and developing traders.
PsyQuation
AI-driven analytics that score your trading and flag risky behaviour.
Copy Trading
Copy-trading options let you follow experienced traders.
24/5 Support
Multilingual customer support during market hours.
Award-Winning
Axi has won multiple industry awards for service and execution.
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.
Deposits, Withdrawals & Safety
Deposits, Withdrawals & Safety
Client funds are held in segregated accounts with negative-balance protection. Funding via cards, bank and e-wallets.
Restricted Countries
Where Axi Is Restricted
Axi does not accept USA clients. Your entity, leverage and protections depend on your country.
Video Guides & Reviews
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.
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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. There is no minimum deposit on either live account. On the Standard account your only cost is the spread, from 0.9 pips with no commission. On the Pro account you trade raw spreads from 0.0 pips and pay $3.50 per side, which is $7 per round turn. 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. Confirm current spreads, commissions and any withdrawal charges on Axi's own pricing page 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 no minimum deposit 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 0.9 pips while its Pro account runs raw spreads from 0.0 pips plus $7 per round turn, 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 zero 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
Frequently Asked Questions



