AXI Review ☑️Unbiased Pros and Cons Revealed (2023)

 

Overall Axi can be described as low risk and has an overall rating of 9 out of 10. Axi offers a maximum leverage ratio of 400:1 with no minimum deposit amount required to open an account and is regulated by ASIC and FCA.

 

Axi at a glanse

Axi Review – 21 Key Point Quick Overview

1. ✅Axi Overview
2. ✅Axi Safety and Security
3. ✅Axi Sign Up Bonus
4. Axi Minimum Deposit
5. Axi Account Types
6. How to open an Axi Account – Step by Step Guide
7. Axi Islamic Account
8. Axi Demo Account
9. Axi Trading Platforms
10. Axi Fees, Spreads, and Commission
11. Axi Deposit and Withdrawal
12. Axi Affiliate Program
13. Axi Best Countries by Traders
14. Axi vs IG vs IC Markets – a Comparison
15. Axi Customer Reviews – TrustPilot
16. Axi Current Popularity Trend
17. Axi Pros and Cons
18. Conclusion
19. Risk Management
20. Disclaimer
21. Frequently Asked Questions

Axi Overview

Axi is a trusted brokerage firm that offers its services to over 60’000 traders across 100+ countries worldwide.  Axi is known to offer competitive pricing, unbeatable value, free educational tools, and award-winning 24/5 customer service.

Axi Safety and Security

Axi is a highly regulated service provider that holds an Australian Financial Services License and a New Zealand Derivatives Issuer License.  Moreover, Axi offers traders Secure Payments, Segregated Funds, Instant Payment Options, and Easy withdrawal procedures.

Axi Sign Up Bonus

Axi does not offer a Sign-Up bonus or Welcome bonus with first-time sign-up.  Axi does make an Affiliate program and Introducing Broker (IB) option available.

Axi Minimum Deposit

The minimum deposit amount required to register an Axi live trading account ranges from $0 USD – $25’000 USD.  Axi makes three live trading accounts available, the Standard account, Pro and Elite Accounts.

Axi Account Types

Axi provides five different account types, Standard, Pro, Elite, Islamic Swap-Free, and Risk-Free Demo trading accounts.  The minimum deposit amount required to register an Axi live trading account ranges from $0 USD – $25’000 USD.

How to open an Axi Account – Step by Step Guide

1.  Step 1:  Start Application

To start the account application, the applicant can click on the yellow open account button located at the top right of the Axi webpage.

2.  Step 2:  Complete the Application.

The applicant will be required to complete a simple application form and confirm their identification.  Once the application has been approved, the account holder will be able to fund their account.

Axi Islamic Account

Axi does offer an Islamic, Swap-Free account option and  Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. The Client Services Team will assist applicants through the process of opening an Axi Islamic, Swap-Free account.

Axi Demo Account

Axi does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Axi demo account expires after 30 days.  The Axi Demo account is virtually funded with $50’000 USD.

Axi Trading Platforms

Axi offers traders access to the popular MetaTrader4 trading platform available.  MT4 enables traders to develop expert advisors, custom indicators, and scripts using the MQL4 programming language, developed by MetaQuotes.

Axi Fees, Spreads, and Commission

Trading with Axi will involve fees from $3.50 USD, Spreads from 0.0 Pips, and commission-free trading depending on the account traders select.  The minimum deposit amount required to register an Axi live trading account ranges from $0 USD – $25’000 USD.

Axi Deposit and Withdrawal

Axi offers clients popular payments in order to fund their accounts.  Deposit options include Credit/Debit Card, Bank Transfers, Crypto, and Skrill.  Axi does not charge any fees for funding or withdrawals to or from a trading account, up to a value of USD$50,000 per month.  Axi Withdrawal requests will be processed within 1-2 business days upon receipt.

Axi Affiliate Program

The Axi affiliate program gives traders the opportunity to refer customers to Axi in exchange for a commission. Affiliates can earn up to $1000 USD CPA per qualified client, plus a 10% commission on Sub-Affiliate earnings if they become a Master Affiliate.

Axi Best Countries by Traders

Axi vs IG vs IC Markets – a Comparison

Axi Customer Reviews – TrustPilot

Great Provider.

I have been trading with Axi for over 6 years and can’t be happier with my choice of service provider.  Axi is user-friendly and the withdrawal process is quick and easy. – Janel

REALLY GOOD BROKER

After having a nasty experience with a different broker, I just had to show you guys some love and appreciation, the amazing work you do, fast deposits and withdrawals, no withdrawal limits or blocking peoples accounts and very good customer service, 3 years and counting, thank you so much

i know about the reliabilities of…

i know about the reliabilities of axi.com they are trust worthy and providing great services of brokerage.

Axi Current Popularity Trend

According to Google Trends, here is an overview of how frequently the search term “Axitrader” is entered into Google’s search engine over a given period of time.

Axi Pros and Cons

Conclusion

Overall, Axi can be summarised as a trustworthy broker that is regulated by two tier-1 regulators (highest trust) and one tier-2 regulator (medium trust).  Axi has a trust score of 92 out of 100.

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You might also like: Axi Minimum Deposit

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You might also like: Axi Demo Account

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Risk Management

Axi is a financial services company that provides online trading services for forex, stocks, and other securities, including risk management. Risk management refers to the process of identifying, assessing, and managing the potential risks associated with trading in financial markets.

Axi may offer a range of risk management tools and services, such as trade analysis, market analysis, and risk management strategies, to help clients manage and mitigate the risks associated with online trading.

Additionally, Axi may offer its clients the ability to set stop-loss orders, which are orders that automatically close a trade when a certain price level is reached, as a way to manage and limit potential losses.

Disclaimer

Traders need to recognize that there is great risk involved with trading financial instruments and this level of risk is not suited for all traders.

Information and products provided by Axi are for information purposes only and should not be regarded as recommendations or encouragement for decision-making regarding the purchase or sale of financial instruments.

Frequently Asked Questions

Can traders from the United States open an Axi trading account?

No, Axi does not offer its services to US Traders.

Does Axi offer leverage?

Yes, Axi does offer leverage. Leverage of up to 30:1 for Retail Clients is offered by Axi.

How many instruments can I trade with an Axi account?

Axi makes over 140 FX pairs plus Metals CFDs available for trade.

What is the minimum deposit amount required to open an Axi account?

The minimum deposit amount required to register an Axi live trading account will range from $0 USD – $25’000 USD depending on the account option selected.

Does Axi offer mobile trading?

Yes, mobile trading is made available by Axi.

Featured SA Shares Writer and Forex Analyst.