Axi in Malaysia: Is it Available and Legit?
As of June 2026, Axi is available to traders and investors in Malaysia. This accessibility confirms the broker's authorization to operate within Malaysia and its compliance with the necessary regulatory requirements.
Essential details of Axi services in Malaysia
Axi is accessible to traders and investors in Malaysia. Key highlights include:
- Malaysia residents can open an account with Axi
- Axi has earned an overall rating of 7.26/10 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:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
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Full Name Australian Securities and Investments Commission | Country Australia | Protection Fund No specific fund but has stringent consumer protection | Regulation level Tier-1 |
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Full Name Dubai Financial Services Authority | Country Dubai | Protection Fund No specific fund | Regulation level Tier-2 |
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Full Name Financial Conduct Authority | Country United Kingdom | Protection Fund Up to £85,000 | Regulation level Tier-1 |
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Full Name Financial Markets Authority of New Zealand | Country New Zealand | Protection Fund No specific fund | Regulation level Tier-2 |
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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 |
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Full Name Vanuatu Financial Services Commission | Country Vanuatu | Protection Fund No specific fund | Regulation level Tier-3 |
Is Axi safe to use in Malaysia?
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 Malaysia? Is Forex taxable in Malaysia?
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Licensing in Malaysia
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Forex trading in Malaysia is regulated by the Securities Commission Malaysia (SC) under the Capital Markets and Services Act 2007. The regulatory framework aims to ensure market integrity, investor protection, and financial stability in the Forex market. Investors should trade with licensed brokers, conduct due diligence, and stay informed about their rights and protection to mitigate risks associated with Forex trading.
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Investor protection in Malaysia
Forex investors in Malaysia are protected by the Securities Commission Malaysia (SC), which regulates the Forex market and ensures the integrity of the financial system. Malaysia has policies to protect Forex investors:
- licensing of Forex brokers
- restrictions on Forex trading
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Taxation in Malaysia
Forex taxation in Malaysia is governed by the Inland Revenue Board Malaysia (IRBM), which administers the country's tax laws. Forex traders are required to report their trading income to the IRBM and pay income tax on their profits at the applicable tax rates. Malaysia has progressive income tax rates, ranging from 0% to 30%, depending on the individual's total taxable income.
Axi vs other regulated brokers in Malaysia
To provide a clear understanding of available options for traders in Malaysia, Traders Union compared Axi trading conditions with those of other regulated brokers accepting clients in the region.
| Axi | XM | Pepperstone | ||
|---|---|---|---|---|
| Regulation | ASIC, FMA, DFSA, FCA, VFSC | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | ASIC, FCA, DFSA, BaFin, CMA, SCB, CySec | |
| Minimum deposit | $0 | $5 | $0 | |
| Currency pairs | 70 | 57 | 90 | |
| Floating spread EUR/USD, min pips | 0.5 | 0.7 | 0.5 | |
| Floating spread EUR/USD, max pips | 1.3 | 1.2 | 1.5 | |
| Go to broker |
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Team that worked on the article
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.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
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.