About Axi
Who Are Axi?
Axi, formerly known as AxiTrader, is a global online forex and CFD broker established in 2007 and headquartered in Sydney, Australia. The broker operates under multiple regulatory licences including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the United Kingdom, the Financial Markets Authority (FMA) in New Zealand, and the Cyprus Securities and Exchange Commission (CySEC). This multi-regulatory framework provides a level of oversight across different jurisdictions, though traders should note which entity they are contracting with based on their location.
Despite being founded in 2007, the company’s registration in Australia dates to 2020, and its registered address in St. Vincent and the Grenadines reflects a corporate structure common among international brokers. Axi has expanded its presence to Latin America, Asia, and the Middle East, offering services in multiple languages.
Regulation and Safety
Axi is regulated by four top-tier authorities: ASIC (Australian Securities and Investments Commission) with a Market Making License, FCA (Financial Conduct Authority) in the UK, FMA (Financial Markets Authority) in New Zealand, and CySEC (Cyprus Securities and Exchange Commission). Each licence imposes capital adequacy, client fund segregation, and reporting requirements. The ASIC licence covers the Australian entity, while the FCA and CySEC licences cover UK and European clients respectively.
Our review confirms these licences are active on the respective public registers, and the broker’s low FXCanary Scam Risk Score of 23/100 indicates a low-risk profile. However, traders should ensure they are dealing with the appropriate regulated entity for their region, as terms and protections may differ.
Account Types and Features
Axi offers three main trading accounts: Standard, Pro, and Elite. The Standard account requires no minimum deposit and provides spreads from 1.0 pips on major forex pairs with no commission. The Pro account offers spreads from 0.0 pips with a commission per lot, targeting more active traders. The Elite account is designed for high-volume traders with personalised service, the tightest spreads, and a dedicated account manager.
Additionally, a Professional account is available for eligible traders under ESMA rules, offering higher leverage up to 1:500. Axi also provides a 专业账户 (Professional Account in Chinese) for Mandarin-speaking clients. All accounts support both MT4 and MT5 platforms.
Platforms and Instruments
Axi provides MetaTrader 4 and MetaTrader 5, two of the most widely used trading platforms in the industry. MT4 is known for its robust charting tools, expert advisors (EAs), and custom indicators, while MT5 offers additional timeframes, more order types, and a built-in economic calendar. Both platforms are available on desktop, web, and mobile devices.
Traders can access over 220 instruments across forex, indices, commodities, cryptocurrencies, and individual shares. The broker sources liquidity from multiple tier-1 banks, aiming for fast execution and minimal slippage. Cryptocurrency CFDs, including Bitcoin, Ethereum, Litecoin, and Ripple, are tradable 24/7.
Deposits and Withdrawals
Axi supports a wide range of deposit and withdrawal methods with low minimums. Bank transfers have no minimum, while card deposits start at $5 USD. E-wallets like PayPal, Skrill, and Neteller are accepted, as well as cryptocurrencies. Local payment options include PIX (Brazil), PayNow (Singapore), and 1-2Pay (Thailand). Most deposits are free of charge, and withdrawals are processed within 24 hours, though bank transfers may take longer.
The broker does not charge fees for deposits or withdrawals, but third-party fees from payment providers may apply. Axi also offers currency account options (USD, EUR, GBP, AUD, etc.) to avoid conversion costs.
Customer Support and Education
Axi provides customer support via live chat, email, and phone, with 24/5 availability during market hours. The support team can assist in multiple languages. The broker also maintains a comprehensive help centre with FAQs and guides covering trading accounts, platforms, and payments.
For education, Axi offers webinars, articles, and video tutorials on topics ranging from basic trading concepts to advanced strategies. The broker also provides market analysis and economic calendars through its website. Social media presence on Facebook, Instagram, LinkedIn, Twitter, and YouTube keeps traders updated.
Overview compiled by FXCanary from regulatory records and public data. full Axi review