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Axi in Brazil: Is it Available and Legit?

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Axi isn't available in US
Axi REVIEW

As of October 2026, Axi is available to traders and investors in Brazil. This accessibility confirms the broker's authorization to operate within Brazil and its compliance with the necessary regulatory requirements.

Essential details of Axi services in Brazil

Chief Analytics Officer

Axi is accessible to traders and investors in Brazil. Key highlights include:

  • Brazil residents can open an account with Axi
  • Axi has earned an overall rating of 6.68/10 points according to our methodology.
  • Axi received 10/10 points for regulation and safety.
  • For more detailed information, see our comprehensive Axi review.

Is Axi a regulated broker? Is it safe?

Axi is a regulated Forex broker operating under the supervision of the following regulatory authorities:

Axi regulation review
ASIC ASIC ASIC regulates financial services, markets, and securities, enforcing laws to protect Australian consumers, investors, and creditors. It is stringent in its operations, with a focus on transparency and fairness in financial products and services.
Full Name Australian Securities and Investments Commission Country Australia Protection Fund No specific fund but has stringent consumer protection Regulation level Tier-1
DFSA DFSA DFSA regulates financial services performed within Dubai's International Financial Centre (DIFC). It's known for a robust legal framework and strict oversight practices, providing high levels of investor protection.
Full Name Dubai Financial Services Authority Country Dubai Protection Fund No specific fund Regulation level Tier-2
FCA UK FCA UK The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the UK. Known for its stringent requirements, it covers a wide range of activities from mortgages to financial advice, ensuring high standards of behavior.
Full Name Financial Conduct Authority Country United Kingdom Protection Fund Up to £85,000 Regulation level Tier-1
FMA NZ FMA NZ The FMA acts to enforce securities, financial reporting, and company law as it applies to financial services in New Zealand. It focuses on fair, efficient, and transparent financial markets to safeguard investor interests.
Full Name Financial Markets Authority of New Zealand Country New Zealand Protection Fund No specific fund Regulation level Tier-2
SVG FSA SVG FSA Regulates all sectors of the financial services industry in SVG to ensure integrity and stability of the financial system.
Full Name Financial Services Authority of St. Vincent and the Grenadines Country St. Vincent and the Grenadines Protection Fund No specific fund Regulation level Tier-3
VFSC VFSC The VFSC regulates banking, insurance, and securities, but with more lenient requirements, making it popular among forex startups. It's known for rapid registration processes and minimal operational requirements.
Full Name Vanuatu Financial Services Commission Country Vanuatu Protection Fund No specific fund Regulation level Tier-3

Is Axi safe to use in Brazil?

A broker’s security is largely defined by its regulatory status. Axi is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, Axi received a Regulation and safety score of 10/10, placing it among the most secure brokers.

Is Forex trading allowed in Brazil? Is Forex taxable in Brazil?

  • Forex licensing in Brazil

    In Brazil, the Forex market operates under the oversight of the Central Bank of Brazil. This institution plays the main role in regulating and supervising financial activities, including foreign exchange transactions. Its responsibilities encompass formulating monetary policies, issuing currency, and managing the nation's foreign exchange reserves. By implementing measures to control exchange rate fluctuations and enforce compliance with regulations, the Central Bank ensures stability in the Forex market.

  • Requirements for licensing in Brazil

    To be licensed to operate in Brazil, Forex firms must adhere to specific requirements:

    1. firms are mandated to maintain a minimum capital threshold set by regulatory authorities
    2. appointing compliance officers to ensure adherence to regulatory standards and protocols
    3. implementing stringent AML measures to prevent illicit financial activities
    4. business plans and financial statements: Providing detailed business plans and financial statements for regulatory scrutiny and transparency
    5. mandatory registration with relevant authorities to ensure accountability and transparency in operations

Axi vs other regulated brokers in Brazil

To provide a clear understanding of available options for traders in Brazil, Traders Union compared Axi trading conditions with those of other regulated brokers accepting clients in the region.

Regulation ASIC, FMA, DFSA, FCA, VFSC FSC, FSCA, ASIC, FSA SVG BVI FSC, FSCA SA, FSC (Mauritius), FSA (Seychelles), CMA (Kenya), JSC (Jordan)
Minimum deposit $0 $50 $10
Currency pairs 70 34 100
Floating spread EUR/USD, min pips 0.5 0.6 0.6
Floating spread EUR/USD, max pips 1.3 0.8 1.5
Go to broker Go to broker
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Why trust us


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Learn more about our methodology and editorial policies.

Expert Advice

Anton Kharitonov
Chief Analytics Officer
  • As an experienced trader, I recommend verifying a broker’s availability in your country before proceeding. Many brokers list the countries where they operate on their websites. If a broker is regulated in your country, this can provide additional legal protection. For example, brokers regulated by the Australian Securities and Investments Commission (ASIC) can legally provide services to Australian residents, while those regulated by the Financial Conduct Authority (FCA) are suitable for UK traders. Contacting customer support is another way to confirm whether the broker accepts clients from your location. In this article, we've done the heavy lifting for you. To ensure you have access to the most accurate and reliable data, we maintain constant contact with brokers and regulatory authorities. This allows you to confidently evaluate whether a broker operates in your country and adheres to the necessary regulatory standards

Editors' Top Picks and Insights

Team that worked on the article

Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Ciaran Ryan
Editor at Traders Union

Ciaran Ryan is a veteran financial journalist based in South Africa, where he covers cryptocurrency, mining, stock markets, and governance for Moneyweb. He also hosts the weekly Moneyweb Crypto Podcast.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.