Axi Review 2021

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72.6% of retail investor accounts lose money when trading CFDs with this provider
Axi Facts & Figures

Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.

InstrumentsCFD, Forex, Crypto, Spreadbetting
Demo AccountYes
Min. Deposit0 $/€/£
Payment MethodsUnionPay
Min. Trade0.01 Lots
Regulated ByFCA, ASIC, DFSA, FMA
MetaTrader 4Yes
MetaTrader 5No
STP AccountNo
ECN AccountYes
DMA AccountNo
Mobile AppsYes
Margin TradingNo
Auto TradingAutoChartist Feature
Social TradingYes
Copy TradingYes
Trade SignalsYes
Islamic AccountNo
FTSE Spread1 pt
GBPUSD Spread1.1 pips
Oil Spread3 pips
Stocks Spread
GBPUSD Spread0.1-0.3 pips (Floating)
EURUSD Spread0-0.2 pips (Floating)
EURGBP Spread0.1-0.3 pips (Floating)
72.6% of retail investor accounts lose money when trading CFDs with this provider

Axi offer Forex and CFD trading to retail and professional traders. Our review includes all you need to know, from minimum deposit, withdrawal details and MetaTrader 4 integration, to spreads, leverage and demo account info. Catering to traders from the EU to Australia, Singapore and Indonesia, the client portal opens up a range of global opportunities via the AxiTrader group. Login today and see if Axi are right for you.

Introducing Axi

AxiTrader was originally an Australian trading company, set up in 2007. Over the years the company has expanded, opening a London branch in 2012 and commencing operations in China in 2015.

Predominantly a MetaTrader broker, and rebranding from ‘AxiTrader’ – Axi now specialises in foreign exchange speculative trade, including Bitcoin, indices, metal and commodities.

The company is regulated by ASIC in Australia and the FCA in the UK. It is aimed at a generic audience, with trading opportunities suitable for less experienced traders and those with a smaller bankroll, as well as more ambitious trading options, and even institutional trading.

Trading Platform

The trading platforms offered by Axi are all from MetaQuotes. MT4 (MetaTrader 4) is the primary trading platform provided by the site. Versions are available which are suitable for Android and Apple devices, as well as Mac computers and those with a Windows set-up.

In addition, traders can make use of MT4 NextGen. This is a platform that complements MT4, providing the opportunity for additional functionality. Axi also provides MT4 trading signals and MT4 multi-account manager.

The platform has been tweaked so that it is easy to navigate; trades can be completed quickly and easily. Comprehensive education material ensures that even new traders have access to everything they need to know in order to get started.

If you want to work with MT4, Axi is a good site to use; if you wish to consider other platforms, perhaps working with more than one on the same site, then AxiTrader range isn’t going to meet your requirements.

Assets & Markets

The markets which Axi offers are:

Spreads & Commission

Generally, the spreads offered by Axi are competitive or in line with what you will find on other sights. For example, the average spread for EURUSD in a standard account is 1.24 (0.44 in a pro account). The average spread for GBPUSD is 1.73 (0.85 in a pro account) and for AUDUSD 1.32 (0.42 in a pro account). These figures were dated February 2017.

If you open a standard account with Axi, there is no commission for trading. That said, spreads available for standard account holders only start at 1.0 pips. In comparison, the pro account charges $7 USD round trip commission, but spreads start from 0.0 pips.

Ultimately, the most cost-effective for a customer is determined by the amount and level of trading which they wish to complete. These charges are roughly in line with the industry standard and are more competitive than those offered by some other brokers.


Leverage levels can be set according to individual preferences. Axi offers leverage of up to 400:1. This is considered to be relatively high within the industry, although there are a number of platforms out there which also offer 400:1; some offer up to 500:1. As an FCA regulated broker, European traders may see leverage restricted to 1:30 (1:2 on Crypto) in line with the ESMA regulations in the EU.

Mobile Apps

Axi has a mobile app for both Apple and Android devices. The app can be downloaded from the site and enables traders to operate in the same manner as they would on the larger screen.

Axi offers a seamless experience, so traders can move between devices without “losing their place” in their trading activities. The app is fully functional, easy to navigate and provides all the advantages of using the site on a laptop or desktop.

AxiTrader Mobile App
AxiTrader Mobile App

Payment Methods

Deposits to AxiTeller can be made using the following methods:

Withdrawals are normally completed within 1-2 days. International withdrawals take between 2-5 days. Axi operates in line with anti-money laundering guidelines. This means that proof of identity may be required before withdrawals can be approved.

Demo Account

Axi offers a demo account option which allows traders up to thirty days of dummy trading. Each dummy account comes with a virtual balance of $50,000. Customers can choose whether to open a dummy standard or dummy pro account. Setup a Demo Account here

Deals And Promotions

Axi offers a comprehensive selection of educational tools, including webinars, video tutorials; online education; and e-books. There is also a wide range of trading resources to assist active traders, such as an FX economic calendar; notice of market holidays; future CFD rollover dates; and a dividend forecast schedule.


The UK Axi operation is regulated by the FCA. The Australian operation is regulated by ASIC.

Both the FCA and ASIC are highly regarded as financial regulators, which means that traders can expect to have a high level of trust in the integrity of the AxiTrader group.

Dubai operations are regulated by DFSA, whilst Axi users in New Zealand benefit from regulation under FMA (NZ).

The brand has won awards for its trustworthiness, including winner of the 2017 “Most Reliable Forex Broker”. The accounts of Axi UK clients are protected by the Financial Services Compensation Scheme up to £50,000.

Additional Features

Axi has a regularly updated blog, which details industry news and views as well as an insight into economic news across the globe which may be of interest to traders. There is the opportunity to enjoy market and technical analysis from trading experts. In addition, guides and infographics provide added data for customers to use in order to inform their trading activities.

AutoChartist Signals

The AutoChartist feature offers automation and trading signals on forex pairs. These are delivered via the MT4 integration.

Copy Trading

Axi has launched a user-friendly copy trading platform, available on desktop devices and mobile devices. With zero commission fees at the deposit and withdrawal stage, plus access to over 30 trading products, it’s an excellent tool, especially for beginners. Clients can browse by leading traders and can filter risk parameters to find an approach that suits their needs. The social trading platform is available to all live account holders.

Account Types

Axi offers two different accounts: standard; and pro. The only difference between the two relates to the commission charges. As indicated earlier, the spreads for a standard account start at 1.0 pips, but no commission is charged. In comparison, the pro account spread starts at 0.0 pips, but $7 AUD is charged on each trade.


The key advantages of Axi are:


Trading Hours

The site is open 24/7/365.

Most assets are open for trading 24/7. Axi has a full list of asset opening hours here.

Customer Support

Live Chat: customers can start a live chat via the Axi Site.

Australian Free Phone number: 1300 888 936

International contact number: +61 2 9965 5830


AxiTrader Free Phone Numbers:


All data is encrypted during transmission and the company uses cutting-edge software to protect traders.

Axi Verdict

Generally, Axi (formerly AxiTrader) is an extremely trustworthy, established trader with competitive trading options. Ideal for both beginners and more experienced traders, Axi is internationally trusted. The MT4 platform is widely recognised as one of the best in the industry.

Axi also enables users to utilise MT4 NexGen, greatly increasing the functionality of the site and improving the trading experience. The app offers full functionality and the brand provides a seamless user experience across all devices.

Easily navigable, the site is straight-forward and self-explanatory to use. There is a wealth of educational content, providing information of value to both new and experienced traders.

A relatively high level of leverage, alongside competitive commission, ensures Axi is a good value site to trade with. Axi has been around for more than a decade, so already enjoys a good reputation within the industry.

The only marked disadvantage of this site is that MT4 is the only trading platform offered, which means users don’t have the chance to try out alternative platforms which may suit them better.

Accepted Countries

Axi accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Axi from United States, Japan, Singapore, Colombia, Iraq, Iran.

Alternatives to Axi

If you are looking for alternatives to Axi we have compiled a list of the top 5 brokers that are similar to Axi below. This list of brokers like Axi is in order of similarity and only includes companies that accept traders from your location.

  1. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
  2. EagleFX – EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
  3. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  4. ZuluTrade – Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets
  5. – boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
72.6% of retail investor accounts lose money when trading CFDs with this provider

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