Axi Review
Axi in a nutshell
Axi presents a compelling picture with multiple tier-1 regulatory licenses and a low scam risk score. However, the discrepancy between its claimed founding year (2007) and its actual Australian registration (2020), along with a corporate address in St. Vincent and the Grenadines, warrants caution. Overall, the broker appears to be a legitimate retail FX/CFD provider with strong regulatory backing, but traders should verify which entity serves their region.
FXCanary rates Axi at 23/100 scam risk (Low risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Traders seeking a low minimum deposit
- Those wanting strong regulatory oversight from multiple tier-1 regulators
- Clients who prefer MetaTrader platforms with MT4 and MT5 options
- Traders looking for a wide range of deposit methods including local options
- Beginner to intermediate retail CFD traders
Cons
- Traders who require dedicated stock trading without CFDs
- Clients in jurisdictions with restrictive leverage regulations (e.g., ESMA capped at 1:30)
- High-frequency traders needing ultra-low latency execution from a single entity
- Those uncomfortable with a registration address in St. Vincent and the Grenadines
Regulation & licenses
Every licence on file for Axi, as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| ASIC | Market Making License (MM) | 318232 | Regulated | Australia |
| FCA | Market Making License (MM) | 466201 | Regulated | United Kingdom |
| FMA | Derivatives Trading License (MM) | 518226 | Regulated | New Zealand |
| CYSEC | Derivatives Trading License (MM) | 433/23 | Regulated | Cyprus |
Account types & conditions
Account tiers and trading conditions on record for Axi.
| Account | Min. deposit | Max. leverage | Min. spread | Commission |
|---|---|---|---|---|
| Standard Account | -- | 1:500 | 0.4 | -- |
| Professional Account | -- | 1:500 | -- | $12/round lot |
| 专业账户 | -- | 1:500 | -- | $12/round lot |
Axi is a forex and CFD broker based in Australia, with records dating to 2020-03-24. It reports oversight from ASIC, CYSEC, FCA, FMA.
FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.
On Trustpilot, Axi holds a real-user score of 2.9/5 across 2 reviews. Withdrawal problems appear 14 times — always test a small withdrawal first.
Finally, beware of impersonation: we tracked 8 clone website(s) copying Axi. Always reach the broker through its verified official domain, never via links in ads or messages.
What real traders report
Aggregated from 166 independent reviews across Trustpilot and Forex Peace Army.
- Trust & reliability · 7 mentions
- Deposits & funding · 6 mentions
- Platform & app · 5 mentions
- Order execution · 4 mentions
- Withdrawals · 3 mentions
- Withdrawals · 3 mentions
- Account & KYC · 1 mentions
- Platform & app · 1 mentions
- Scam concerns · 1 mentions
- Deposits & funding · 1 mentions
Scam-risk findings
- Authorised by Tier-1 regulator(s): ASIC, CYSEC, FCA
- 16 user exposure/complaint reports filed
- Withdrawal complaints in ~58% of recent reviews
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.