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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
| ? Broker | ? Axi |
| ? Regulation | ASIC, FCA, DFSA |
| ? Min Deposit | $0 USD |
| ? Demo Account | ✅ Yes |
| ☪️ Islamic Account | ☑️ Yes |
| ? Spreads from | 0.0 Pips |
| ? Commission | ✅ Yes |
| ? Deposit Fee | No |
| ? Inactivity Fee | No |
| ⚡ Withdrawal Fee | Third-Party |
| ? Open an Account | ? Click Here |
Axi Review – 21 Key Point Quick Overview
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.
| ? Broker | ? Axi |
| ? Sign Up Bonus | ❌ No |
| ? IB Option | ✅ Yes |
| ❤️ Affiliate Program | ☑️ Yes |
| ? Open an Account | ? Click Here |
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 | ? Standard | ? Pro | ? Elite |
| ? Min Deposit | $0 USD | $0 USD | ? $25’000 USD |
| ? Open an Account | ? Click Here | ? Click Here | ? Click Here |
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.
| ? Axi Account | ? Standard | ? Pro | ? Elite |
| ? Min. Deposit | $0 USD | $0 USD | $25’000 USD |
| ? Spreads from | 0.4 Pips | 0.0 Pips | 0.0 Pips |
| ➖ Min Trade Size | 0.01 Lots | 0.01 Lots | 0.01 Lots |
| ? Products | 140+ FX pairs, Metals CFDs | 140+ FX pairs, Metals CFDs | 140+ FX pairs, Metals CFDs |
| ? Pricing | 5 digit pricing | 5 digit pricing | 5 digit pricing |
| ? Mobile trading | ✅ Yes | ☑️ Yes | ✅ Yes |
| ?️ MT4 NextGen | ☑️ Yes | ✅ Yes | ☑️ Yes |
| ? Leverage Up to | 30:1 | 30:1 | 400:1 |
| ? Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, GBP, AUD |
| ? Demo period | 30 days | 30 days | 30 days |
| ? Open an Account | ? Click Here | ? Click Here | ? Click Here |
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 Account | ? Islamic |
| ? Swaps | ❌ No |
| ? Interest | ❌ No |
| ✅ Trading Products | 140+ |
| ? MT4 | ☑️ Yes |
| ? Min. Deposit | $0 USD |
| ? Open an Account | ? Click Here |
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 Account | ? Demo |
| ? Cost | Free |
| ? Virtual Funds | $50’000 USD |
| ? Account Manager | ☑️ Yes |
| ? 24/5 Client Support | ✅ Yes |
| ? MetaTrader4 | ☑️ Yes |
| ✅ Valid | 30 Days |
| ? Open an Account | ? Click Here |
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 Account | ? Standard | ? Pro | ? Elite |
| ? Min Deposit | $0 USD | $0 USD | $25’000 USD |
| ? Spreads from | 0.4 Pips | 0.0 Pips | 0.0 Pips |
| ? Pricing | 5 digit pricing | 5 digit pricing | 5 digit pricing |
| ? Commission | None | $7 round trip (USD) | $3.50 round trip (USD) |
| ? Open an Account | ? Click Here | ? Click Here | ? Click Here |
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
| ? Country of Trade | ? % of Traders |
| ? Spain | 7.87 |
| ? United States | 7.23 |
| ? South Africa | 5.11 |
| ? Canada | 4.94 |
Axi vs IG vs IC Markets – a Comparison
| ? Broker | ? Axi | ? IG | ? IC Markets |
| ? Min Deposit | $0 USD | $450/R7 200 USD | $0 USD |
| ? Commissions | ✅ Yes | No | ✅ Yes |
| ☪️ Islamic Accounts | ☑️ Yes | ✅ Yes | ☑️ Yes |
| ? Currency Pairs | 72+ | 100+ | 61+ |
| ? MetaTrader4 | ✅ Yes | ☑️ Yes | ✅ Yes |
| ? Open an Account | ? Click Here | ? Click Here | ? Click Here |
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
| ✅ Pros | ❌ Cons |
| Low forex fees | Only forex and CFD trading |
| No withdrawal/deposit fees | Limited research tools |
| Easy Account Opening | 24/5 customer service |
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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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.
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