Axi Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • MT4
  • Web Trader MT4
  • Mobile application
  • Axi Mobile app
Regulation:
  • ASIC
  • FCA
  • DFSA
  • The Financial Commission
Bonus for deposit:
  • 0%

Axi Review 2024

Updated: February 08, 2024
Updated: February 08, 2024
Your capital is at risk. 74.1% of retail investor

5.8

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • MT4
  • Web Trader MT4
  • Mobile application
  • Axi Mobile app
Regulation:
  • ASIC
  • FCA
  • DFSA
  • The Financial Commission
Bonus for deposit:
  • 0%

Note!

We’ve identified your country as US US

Traders Union experts have analyzed all companies providing trading services in your country legally and compiled a rating of the best companies that offer the best working conditions, have reliable reputation and the highest number of positive reviews among traders on our website.

We’ve selected the Top 5 Best Brokers in US for you:

Start Trading with eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Axi Trading Company

Axi is a moderate-risk broker with the TU Overall Score of 5.8 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Axi clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. Axi ranks 69 among 406 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

Axi is a reliable brokerage with years of experience, holding three licenses in different jurisdictions. It offers accounts for traders of all experience levels, along with education and tools to enhance trading efficiency.

Axi is a multi-regulated Forex and CFD broker operating under licenses from ASIC (Australia - 127 606 348 ), FCA (United Kingdom - 466201), and DFSA (UAE - F003742), and is a member of The Financial Commission. Each division of Axi serves a specific region, with global traders transacting through the company registered in Saint Vincent and the Grenadines. Axi provides access to over 290 CFDs on stocks, commodities, cryptocurrencies, and shares. Specializing in the Forex market, the broker offers clients over 70 currency pairs with leverage up to 1:30, 1:400, or 1:500, depending on the regulator.

💰 Account currency: Base currencies for all accounts: USD, GBP, EUR, NZD, AUD;
Additional currencies for Standard and Pro accounts: CAD, SGD, JPY, CHF, HKD
🚀 Minimum deposit: $1
⚖️ Leverage: Up to 1:30, up to 1:400, or up to 1:500 (depends on the registration country and the division)
💱 Spread: Standard — from 0.9 pips;
Elite and Pro — from 0.0 pips
🔧 Instruments: Forex, CFDs on stocks, indices, commodities, cryptocurrencies (not available to residents of the UK), IPOs
💹 Margin Call / Stop Out: 100%/20%

👍 Advantages of trading with Axi:

  • Compliance with strict FCA, ASIC, and DFSA regulations;
  • No specific initial deposit requirements for Standard and Pro accounts;
  • High execution speed and price aggregation from 20+ liquidity providers;
  • 5-digit quotes;
  • Access to VPS, Autochartist, and an extended toolkit for MT4;
  • Minimum trade size of 0.01 lots;
  • No fees for deposits and withdrawals.

👎 Disadvantages of Axi:

  • Spreads on the Forex market are not the tightest;
  • Demo accounts are provided for 30 days if the trader does not have a user account;
  • The broker does not offer more advanced platforms like MT5 and cTrader, only MT4 is available.

Evaluation of the most influential parameters of Axi

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

5.62

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

9.37

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

8.86

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.67

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

7.80

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

6.05

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

6.82

/10

Trade with this broker, if:

  • Regulatory oversight is crucial for you. This broker's activity is monitored by three regulators, providing an extra layer of security. Additionally, they offer deposit insurance and compensation payments.
  • You prefer a wide selection of assets. This broker provides access to more than 140 currency pairs, metals, and CFDs, allowing for diverse trading strategies.

Do not trade with this broker, if:

  • You prioritize a smooth withdrawal process. Some users have reported occasional problems with withdrawing funds, indicating potential issues in this aspect.
  • You prefer a variety of withdrawal methods. This broker currently facilitates fund withdrawals through Neteller and bank transfer, but it lacks support for popular e-wallets, limiting your options.

Geographic Distribution of Axi Traders

Popularity in

6.25%
VN
Vietnam
5.34%
TH
Thailand
4.36%
ZA
South Africa
4.26%
AU
Australia
3.85%
GB
United Kingdom
3.8%
SG
Singapore
3.2%
SA
Saudi Arabia
2.9%
CA
Canada
1.2%
IN
India
1.1%
DE
Germany
52.74%
Others
Others

Video Review of Axi i

Axi Latest Comments for 2023 i

46 comments
Total score:
3.9 /10

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
123456

I opened an account with Axi broker six months ago. Before that, I traded with another company, but I had to leave due to disputes with customer support. So far, everything is going fine with Axi. I can't say it's a super platform; I've encountered a couple of bugs here. During news releases, I noticed price slippage in the broker's terminal. But I don't think these are serious issues.

Avatar
Avatar
fxmagnate

I'm a newcomer to the world of Forex and chose AxiTrader as my broker, thinking they would assist me. I was wrong! Initially, they promised a personal consultant, but this person was unavailable every time I had questions. When I finally started trading, it seemed to me that the spreads deliberately widened at the moments of my transactions. My account was depleted in no time! I feel like I've been deceived! Don't trust AxiTrader!

Avatar
Avatar
j1o2h3n4

The AxiTrader Pro account is expected to have excellent conditions, with an almost zero spread, instant order execution, and fast processing of withdrawal requests. However, all these favorable conditions are unrelated to AxiTrader as a broker. This is because the platform they provide is one of the worst I have encountered. I do not recommend working with this company.

Responses to a comment
patrianto to j1o2h3n4

I think that AxiTrader manipulates client trades on their platform. Because orders take a very long time to process, while at other brokers, orders are opened instantly.

Avatar
Avatar
naeemahmad1995

Collaborating with AxiTrader will be unprofitable and non-beneficial. Even if this broker offered a functional platform, trading could go well. But how to open a profitable deal with slippages of 30 pips? And these slippages occur out of nowhere. Or requotes. Requotes in the AxiTrader terminal are a common occurrence. Therefore, it is impossible to enter at the right price manually. So, I do not recommend AxiTrader for collaboration!

Avatar
Avatar
gurmeetb

Trading with AxiTrader is like playing in a casino. Today I might be lucky and make money. And tomorrow I’ll be unlucky and I’ll lose everything. It is impossible to analyze the market on the AxiTrader platform, because quotes are constantly jumping, and do not correspond to real ones. There is no point in communicating with AxiTrader support service; they either know nothing or only answer questions about funding an account.

Avatar
Avatar
ariiv99

I have tried to withdraw my funds from AxiTrader several times. Each time, the company has canceled my withdrawal requests. I have undergone verification two or three times, changed payment systems, but AxiTrader consistently finds reasons preventing me from withdrawing my profits. It seems very much like the company wants to keep my money.

Responses to a comment
welamontes to ariiv99

I am experiencing a similar situation. AxiTrader comes up with various reasons to reject my withdrawal requests. At the same time, the broker's manager persistently suggests managing my trading account. I am very concerned about my money.

Avatar
Avatar
eros

With great difficulty I managed to withdraw the rest of my deposit from the axitrader account. This is despite the fact that I traded here for almost a year and withdrew my profit once. Probably everything changed after that withdrawal. Orders began to open within a few minutes. I'm not even talking about slippage and gaps that occur on every trade. In general, it is better to look for another broker to replace axitrader.

Expert Review of Axi

Axi has been operating for over 15 years, consistently fulfilling both trading and payment obligations responsibly. As a multi-regulated broker, its services are available in many countries worldwide, leading to a continuous expansion of its client base. Axi operates on a unique execution model, aggregating liquidity from more than 20 major providers. The company deliberately opted out of ECN technology, considering it slow for modern traders.

Axi offers accounts for both professional market participants and beginners. However, it still lacks cent accounts necessary for learning and testing strategies. The broker's website features an extensive selection of educational articles, and MT4 demo accounts are also available. Axi has introduced its own mobile applications, but for desktop and web trading, clients can only use MetaTrader 4 platforms.

The broker adjusts leverage based on regulatory requirements and, in general, complies with all their safety and capital adequacy standards. Traders receive round-the-clock support in English on weekdays, as well as multiple communication channels in other languages and regions.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Latest Axi News

19.09.2023
​Australian broker AxiTrader has announced a rebranding of the company and the launch of a support program for traders. As part of the rebranding, the
12.08.2023
Broker Axi has announced its sponsorship of Spanish football club La Liga Girona.The move makes the brokerage the first regional partner of Girona in the
08.05.2023
Australian broker Axi has announced that it has become an official sponsor of the Esporte Clube Bahia football club.Esporte Clube Bahia is a Brazilian
30.03.2023
Axi, a brokerage firm, announced the extension of its partnership with the Manchester City soccer team.Axi has been the club's formal sponsor since 2020,

Dynamics of Axi’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Axi offers standard ways to generate passive income on over-the-counter markets, such as copy trading and investing in managed accounts. These services operate on the MT4 platform and are not proprietary developments of Axi. The company merely registers managers, and it is not involved in the signal copying service, acting only as an intermediary and order processing party. Additionally, Axi clients can use partnership programs for additional earnings.

All passive income methods at Axi

If a trader wants someone else to make trades on their behalf, they can choose from the following options:

  • Copy trading is automated trading based on signals from other traders directly in the MT4 platform;

  • Algorithmic trading is trading using automated expert advisors (EA) programs;

  • Investing in PAMM and MAM accounts allows experienced traders to execute trades on these accounts while engaging the capital of connected investors.

If a trader wants to earn additional income from their trading, they can register as account managers or signal providers, and both investors and traders may become managers of multiple accounts. Working in the PAMM system is not available to residents of Australia.


Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Partnership program of Axi:

  • Axi affiliates – a multi-level referral program. Partners receive up to $1,000 for each referee who deposits a minimum of $250 into a user account and starts trading. The reward amount depends on the client's country and the assets traded by the referee. The sub-partner fee is 10%;

  • Introducing Broker (IB) is a fee-based program that profits off the trades of referees. The fee rate depends on the type of account the referee trades: for Standard, it’s 0.35 pips per lot; for Pro, it’s $1.4 per lot.

The broker also invites traders willing to attract new investors to manage PAMM and MAM accounts. Moreover, managers themselves can earn through this program if they independently expand their network of investors.

Trading Conditions for Axi Users

Trading conditions with Axi vary as its operations are regulated in different jurisdictions. Traders from the UK and Australia qualify as Retail and Professional, and this status affects the leverage, available account types, and the size of trading fees. Axi takes into account the interests of clients from different countries, offering accounts in 10 currencies and supporting various deposit and withdrawal options.

$1

Minimum
deposit

1:30-1:500

Leverage

24/5

Support

💻 Trading platform: MT4 desktop, MT4 mobile app, MT4 WebTrader, Axi Mobile app
📊 Accounts: Demo MT4, Standard, Pro, Elite, Islamic
💰 Account currency: Base currencies for all accounts: USD, GBP, EUR, NZD, AUD;
Additional currencies for Standard and Pro accounts: CAD, SGD, JPY, CHF, HKD
💵 Replenishment / Withdrawal: All countries: International bank transfers, credit/debit cards, cryptocurrencies, transfers from another broker's account
Depending on region: Skrill, Neteller, Przelewy24, AstroPay, Boleto, PIX, FasaPay, Perfect Money, QR Payments
🚀 Minimum deposit: $1
⚖️ Leverage: Up to 1:30, up to 1:400, or up to 1:500 (depends on the registration country and the division)
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: Standard — from 0.9 pips;
Elite and Pro — from 0.0 pips
🔧 Instruments: Forex, CFDs on stocks, indices, commodities, cryptocurrencies (not available to residents of the UK), IPOs
💹 Margin Call / Stop Out: 100%/20%
🏛 Liquidity provider: Morgan Stanley, UBS, J.P. Morgan, Deutsche Bank, Nomura, Credit Suisse, Finalto, Jump Liquidity, and others
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market execution
⭐ Trading features: Depends on the requirements of the division's regulator
🎁 Contests and bonuses: Yes
Your capital is at risk. 
74.1% of retail investor accounts lose money when trading CFDs with this provider.

Comparison of Axi with other Brokers

Axi RoboForex Eightcap Exness FxPro NPBFX
Trading
platform
Axi Mobile app, Mobile application, MT4 MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader MT4, MT5 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading, MT5, cTrader, FxPro Edge MT4
Min deposit No $10 $100 $10 $100 $10
Leverage From 1:1
to 1:500
From 1:1
to 1:2000
From 1:30
to 1:500
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:200
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 0 points From 0 points From 1 point From 0 points From 0.4 points
Level of margin call
/ stop out
90%  /  20% 60%  /  40% 80%  /  50% No  /  60% 25%  /  20% No  /  30%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Instant Execution, Market Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No No

Broker comparison table of trading instruments

Axi RoboForex Eightcap Exness FxPro NPBFX
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No Yes No No No Yes
Options No No No No No No

Axi Commissions & Fees

Information
Fee rates for trading the same instrument vary for different Axi clients. The broker employs two pricing models. The first is trading with higher spreads without a fee, applicable to Standard accounts. The second model involves charging a commission per lot with near-zero spreads, available on Pro and Elite accounts. Axi does not charge fees for deposits or withdrawals, but traders additionally cover payment system and bank fees.
Account type Spread (minimum value) Withdrawal commission
Elite From $0 No
Pro From $0 No
Standard From $9 No

If the trading account does not qualify as Islamic, the trader may incur profits or losses due to overnight swaps when holding a position overnight.
Using the data from the table above, TU experts calculated the average Axi fee and then compared it with the average fee charged by popular brokers among traders. The comparative analysis is presented below.

Broker Average commission Level
Axi $3 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo Axi
$3
$1
$8.5

Detailed review of Axi

Operating since 2007, Axi has evolved into an international holding firm with regional offices in Australia, Europe, Asia, South America, Africa, and the Middle East. Regulated activities and adherence to high brokerage service standards have made Axi a recognizable and popular brand. The company consistently enhances its services by investing in the implementation of modern technologies that accelerate the trading process and improve trading quality.

Axi by the numbers:

  • 60,000 active clients;

  • 8 physical offices worldwide;

  • 100+ supported countries.

Axi is a reliable broker engaged in regulated activities.

The company operates in strict compliance with the requirements of the licensing regulators. This includes the quality of services, the range of available products, and trading instruments. For instance, a company regulated by the UK's FCA does not offer cryptocurrency CFD trading and does not provide leverage exceeding 1:30. Axi registered in Australia is more lenient towards its professional clients, allowing leverage up to 1:400. However, retail traders are still limited to 1:30. Only the offshore division (Saint Vincent and the Grenadines) provides leverage up to 1:500 for all clients.

Traders from all jurisdictions can use desktop, mobile, and browser-based MT4 platforms for trading. However, clients residing outside the FCA and ASIC regulations also gain access to Axi's proprietary applications for Android and iOS smartphones and tablets.

Useful Functions of Axi:

  • NOP (Net Open Position) calculator. It helps traders calculate the required margin size for positions opened with leverage;

  • Trading calculators. Designed for real-time profit/loss, points, margin, and currency rate calculations;

  • NexGen. Additional MT4 tools for professional trading, including market sentiment indicators, an economic calendar, and more;

  • Autochartist. A program that analyzes chart patterns and provides price forecasts based on the collected data;

  • VPS. An instrument to facilitate automated trading using MT4 advisors in continuous mode.

Advantages:

1

Wide range of supported payment systems;

2

Funds from another broker's account can be transferred to an Axi trading account;

3

Clients have access to services for generating passive income;

4

The broker maintains profiles on all popular social networks, where market data and important news for traders are regularly posted;

5

Axi does not have hidden fees;

6

Retail trader accounts are protected against a negative balance;

7

Axi clients gain access to services and products under the requirements of the regulator in its jurisdiction, enabling trading in over-the-counter instruments on legal grounds.

Guide on how traders can start earning profits

Real profit can only be earned on a trading account, and Axi offers three types right away. Each of them has unique conditions, with only the number of available trading instruments being the same.

Account Types:

Account Type
Description
Elite
accounts with the lowest fees suitable for professional traders with a substantial capital reserve. The initial deposit amount is $25,000, and this balance size must be maintained continuously. Spreads on Elite accounts start from 0 pips, and the trading fee is $3.5 for opening and closing a trade;
Pro
accounts also designed for professional trading with very narrow spreads. A fee of $7 per lot is charged. Trading can be started with any amount;
Standard
accounts for beginners and more experienced traders who prefer trading with commissions in the form of spreads. The spread size depends on the asset and market situation, but the minimum value is 0.9 pips. The broker does not charge other transaction fees and does not require a specific initial deposit.

The broker also provides MT4 demo accounts with a limited duration (30 days). If a trader has a user account, temporary limits are lifted.

Axi's account lineup is designed to meet the trading needs of traders with any level of experience. However, the broker currently does not offer cent accounts, which can be a disadvantage, especially for beginners.

Axi’s bonuses

Axi Select

Axi Select is a financing program in which participants, upon passing an evaluation based on multiple criteria, receive funds ranging from $5,000 to $1,000,000 deposited into a designated account. Participation in the program is free, however, prospective funding recipients are required to have an account with a minimum deposit of $500 and to have completed more than 20 transactions.

Review of Axi — Axi Select
Review of Axi — Axi Select

 

A loyalty program for IB

Each quarter, the most successful partners participate in the distribution of valuable prizes, ranging from T-shirts to cars. Additionally, IBs have the opportunity to receive a cash reward of $500 in addition to their fee from the trading activities of referees.

Review of Axi — Loyalty Program for IBs
Review of Axi — Loyalty Program for IBs

 

Investment Education Online

Information

To assist in the initiation of trading, Axi has developed a series of educational courses focusing on Forex, gold, stocks, and cryptocurrencies. The company's website also features valuable articles, videos, dictionaries, and e-books on trading.

Information available in the Education & Support section
Information not available in the Education & Support section
Video course on MetaTrader 4
How fundamental analysis is conducted
Glossaries of Forex, CFDs, and cryptocurrency terms
How technical analysis is conducted
Guides on Forex, indicators, strategies, and MT4 in the form of e-books
Trading psychology
Basics of chart analysis
Risk management

The broker offers a demo account, which can be opened in the MT4 trading platform by selecting the Demo option. Trading on a demo account provides a complete simulation of executing trades in the real market.

Security (Protection for Investors)

Information

Axi, founded in Australia in 2007, is regulated by the Australian Securities and Investments Commission (ASIC), known for having some of the most stringent requirements among international regulators. License holders are obligated to regularly submit financial reports and undergo third-party audits.

While ASIC regulates only the Australian markets, Axi obtained licenses from other commissions to enter the international arena. In 2007, the broker registered with the British Financial Conduct Authority (FCA), and in 2018, with the Dubai Financial Services Authority (DFSA).

Since 2019, Axi has been a member of The Financial Commission—an independent organization for resolving disputes between financial companies and their clients. It has its own compensation fund.

To further expand its client base, Axi opened a representative office in Saint Vincent and the Grenadines in 2019. The offshore division offers the highest leverage, as the local regulator SVG FSA does not monitor the activities of Forex brokers and does not place requirements on available margin trading limits.

👍 Advantages

  • Axi is monitored by three regulators
  • Regular monitoring of financial indicators by external auditors
  • Investment protection up to EUR 20,000 from the Financial Commission

👎 Disadvantages

  • Limitation on leverage for retail traders from Australia and the UK
  • FCA-licensed division does not offer CFD trading on cryptocurrencies
  • The choice of servicing division is automatic based on IP address, not by the trader's preference

Withdrawal Options and Fees

  • The list of supported payment methods varies depending on the client's country of residence. However, in all jurisdictions, withdrawal options include bank cards, international bank transfers, or cryptocurrency transactions;

  • The minimum withdrawal amount ranges from $5 to $30, depending on the withdrawal method;

  • Funds processing times are as follows. For cards, Skrill, and Neteller, it is instant; for bank accounts, it is within 3 days; for cryptocurrency wallets, it is within 15 minutes;

  • There is no broker fee, but the trader may incur additional fees from the banks or payment providers;

  • If the withdrawal currency does not match the account currency, conversion fees will result. The available withdrawal currencies depend on the payment system's conditions.

Customer Support Service

Information

The chat schedule varies depending on the language of communication, but English language support is available 24/5 (UTC+0). You can reach out to Axi representatives via email or phone around the clock from Tuesday to Friday or starting at 9:00 on Mondays (AEST).

👍 Advantages

  • Chat support is available in 10 languages
  • Toll-free phone numbers in 10 countries

👎 Disadvantages

  • No access to support 24/7
  • Absence of a call back request form

Communication channels with Axi include:

  • Chat;

  • Email;

  • Phone support;

  • WhatsApp.

Upon entering the chat, a virtual assistant appears to provide information about trading and services.

Contacts

Foundation date 2007
Registration address Axi Ltd, Suite 305, Griffith Corporate Centre, PO Box 1510 Beachmont Kingstown, St. Vincent and the Grenadines
Regulation
Official site
Contacts
Your capital is at risk. 
74.1% of retail investor accounts lose money when trading CFDs with this provider.

Review of Axi’s user account

Access to the user account on the Axi website is only available to traders registered with the broker. To become a client, follow these steps:

1

Click on "Open Account" to initiate the registration process.

Review of Axi’s User Account — Registration
Review of Axi’s User Account — Registration
Review of Axi’s User Account — Registration
Review of Axi’s User Account — Registration
2

Fill out the designated form, and then check your email — the broker will send you login details for the client portal and activation information for your MT4 account.

Review of Axi’s User Account — Open an account
Review of Axi’s User Account — Open an account
Review of Axi’s User Account — Open an account
Review of Axi’s User Account — Open an account
3

After accessing your user account:

1. Choose one of the accounts available in your country and confirm its opening:
Review of Axi’s User Account — Open a trading account
Review of Axi’s User Account — Open a trading account
2. After completing the verification process, fund your trading account:
Review of Axi’s User Account — Make a deposit
Review of Axi’s User Account — Make a deposit

1. Choose one of the accounts available in your country and confirm its opening:
Review of Axi’s User Account — Open a trading account
Review of Axi’s User Account — Open a trading account
2. After completing the verification process, fund your trading account:
Review of Axi’s User Account — Make a deposit
Review of Axi’s User Account — Make a deposit

Additionally, you'll be able to perform several other actions, namely:

  • Transfer funds between your accounts;

  • Request a withdrawal of profits earned from trading;

  • Switch to WebTrader and download the desktop/mobile platform;

  • Connect to receive market news and analytics, as well as access to Autochartist;

  • Request technical support via chat or by creating a support ticket.

Disclaimer:

Your capital is at risk.  74.1% of retail investor accounts lose money when trading CFDs with this provider.  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

Articles that may help you

How to use Axi copy trading to earn money
For Beginners
How to use Axi copy trading to earn money
Andrey Mastykin - January 2023
Is Axi Regulated? Is it safe? - TU Expert review
For Beginners
Is Axi Regulated? Is it safe? - TU Expert review
Mikhail Vnuchkov - October 2023
Best PayPal Forex Brokers in 2024
For Beginners
Best PayPal Forex Brokers in 2024
Oleg Tkachenko - March 2024
17 Best Managed Forex Accounts in 2024
For Beginners
17 Best Managed Forex Accounts in 2024
Oleg Tkachenko - March 2024
Best Cent Account Forex Brokers Compared (2024)
For Beginners
Best Cent Account Forex Brokers Compared (2024)
Oleg Tkachenko - March 2024
Top Low (Tight) Spread Forex Brokers
For Beginners
Top Low (Tight) Spread Forex Brokers
Mikhail Vnuchkov - March 2024
7 Best Free Forex Signals for Trading in 2024
For Beginners
7 Best Free Forex Signals for Trading in 2024
Oleg Tkachenko - March 2024
What Is The Best Forex Trading Robot? Free Download
For Beginners
What Is The Best Forex Trading Robot? Free Download
Vuk Martin - March 2024
Top 9 Best Forex Signals Providers in 2024 With High Win Rate
For Beginners
Top 9 Best Forex Signals Providers in 2024 With High Win Rate
Andrey Mastykin - January 2023
Best Social Trading Platforms in 2024
For Beginners
Best Social Trading Platforms in 2024
Andrey Mastykin - July 2023
What Is The Best Forex EA For MT4
For Beginners
What Is The Best Forex EA For MT4
Vuk Martin - January 2024
Richest Forex Traders - Trading Secrets & Life Stories
For Beginners
Richest Forex Traders - Trading Secrets & Life Stories
Oleg Tkachenko - March 2024
Is Forex Trading Halal or Haram? - Halal Investment Guide
For Beginners
Is Forex Trading Halal or Haram? - Halal Investment Guide
Alamin Morshed - January 2024
WELTRADE Review 2024
For Beginners
WELTRADE Review 2024
Anton Kharitonov - January 2023
EagleFX Review 2024
For Beginners
EagleFX Review 2024
Anton Kharitonov - January 2023
IFC Markets Review 2024
For Beginners
IFC Markets Review 2024
Anton Kharitonov - January 2023

FAQs

Do reviews by traders influence the Axi rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Axi you need to go to the broker's profile.

How to leave a review about Axi on the Traders Union website?

To leave a review about Axi, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Axi on a non-Traders Union client?

Anyone can leave feedback about Axi on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Traders Union Recommends: Choose the Best!

Logo IG Markets
Logo eToro
Open an account
Your capital is at risk. 
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.
Logo OANDA
Open an account
Your capital is at risk.