Axi Review

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Axi (formerly AxiTrader) is an award winning, multi-regulated online broker created by traders for traders. They offer tight spreads, low commissions, good execution speeds and a vast range of different markets. Clients get free access to advanced yet easy to use trading platforms and tools such as Autochartist. The broker also has various convenient account funding options and around the clock support.

Axi Review, Pros & Cons
  • Multi-regulated broker
  • User-friendly trading platforms
  • Tight spreads, low commission fees, fast execution speeds
  • Commission free accounts
  • Various deposit/withdrawal methods
  • No account funding fees
  • Powerful trading tools
  • Autochartist
  • MetaTrader 4 NextGen
  • PsyQuation Premium
  • VPS hosting
  • Signal providers
  • Axi trading academy
  • Axi trading community
  • 24/5 support
  • No US clients
  • No MetaTrader 5 platform
  • Restricted leverage for EU clients

In this detailed Axi review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Axi Overview

Founded in 2007 in Sydney, Australia, Axi is part of the AxiCorp Group who have since grown to become one of the leading online brokers across the globe, primarily focused on products and services for retail traders with clients in more than 150 countries. Axi was previously known as AxiTrader before rebranding in 2020.

Established by a group of traders, they have an understanding of what traders need and thus offer tight spreads, minimal slippage, fast execution speeds and multi-lingual global 24-hour customer service, within a secure and highly regulated environment.

Axi Features

Axi Features

The powerful and reliable trading platforms are available in numerous languages and give users access to the latest market data with multiple liquidity providers (LP’s) from 14 of the world’s largest banks, for live pricing and superior trading conditions. Servers are located close to the exchange in New York, for improved trade execution.

Axi cater for all levels of traders with their leading trading technology being advanced enough for the more experienced traders whilst being simple enough to use for the less experienced.

Operating with integrity, honesty, trust and transparency is of the upmost importance. They are always looking to improve their services in order to stay up to date with the latest innovative technologies and continue to deliver excellent customer support. A dedicated account manager is available to assist traders along their journey.

Axi Awards

Axi Awards

Axi have won multiple awards for their trading services including Most Trusted Forex Broker and Best MT4 Provider at the UK Forex Awards 2018.

Axi have a wide range of different trading instruments across multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFs.

Axi Regulation

Axi are a regulated broker that must be compliant with strict regulations and standards that are put in place to protect investors. The AxiTrader group includes multiple regulated companies. Please keep in mind that as Axi are regulated in different markets by different regulators, each are subject to a different set of rules.

Axi Benefits Overview

Axi Benefits Overview

Axi is a trading name of AxiCorp Financial Services Pty Ltd (AxiCorp). AxiCorp holds an Australian Financial Services Licence (AFSL number 318232). AxiCorp is authorised and regulated by the Financial Conduct Authority with FCA Reference Number 509746. Axi is a trading name of AxiTrader Limited (AxiTrader), regulated in St. Vincent & the Grenadines by the Financial Services Authority (SVGFSA).

Axi Regulation

Axi Regulation

Axi UK must comply with the rules of the European Securities and Markets Authority (ESMA) when they are conducting their business. These rules limit the amount of leverage offered to EU clients and the way in which financial services are promoted.

Client funds are held in secure and segregated trust accounts with top-tier banks including NAB and Lloyds. This means that client funds cannot be used for any other purpose by Axi such as operating costs are hedging.

Axi Countries

Axi accepts clients from all over the world, excluding USA, Canada, Iran and some other countries where restrictions apply. Some Axi broker features and products mentioned within this Axi review may not be available to traders from specific countries due to legal restrictions.

Axi Platforms

Axi offer multiple variations of the popular MetaTrader (MT4) trading platform. MT4 is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

Whether you prefer to trade on your desktop or whilst on the go, MT4 is compatible with the technology and operating systems you prefer to use. It comes with a wide range of built-in tools and fully customisable features.

MetaTrader 4 Desktop

This is the most popular version of MT4 that is used by millions of traders across the globe to trade the financial markets. From the high performance MT4 terminal you can access Axi’s full selection of trading instruments. You simply download and install MT4 for PC or Mac and login to your account to start trading.

MT4 has a user friendly interface with a range of benefits and features including technical indicators for analysing charts, automated trading, one click trading, flexible charts & tools. An advantage of the Axi MT4 is that they have invested in co-located servers and fibre optics for faster trading.

Axi MetaTrader 4 (MT4) Desktop

Axi MetaTrader 4 (MT4) Desktop

MetaTrader 4 Mobile

The MT4 mobile platform allows you to seamlessly connect your mobile device to the trading platform. You can view real-time pricing, place & manage trades, view account history, monitor positions, customise charts, set alerts and more. This is useful for those who need to access their account whilst on the go from differing locations. MT4 mobile is freely available to download on both Android and iOS via the relevant app stores.

Axi MetaTrader 4 (MT4) Mobile

Axi MetaTrader 4 (MT4) Mobile

MetaTrader 4 NextGen

MT4 NextGen is a more advanced version of the MT4 platform with some additional features including advanced management tools, enhanced ordering and sentiment trading. It is free for all Axi clients who open a live account and deposit a minimum of at least $1,000.

Axi MetaTrader 4 (MT4) NextGen

Axi MetaTrader 4 (MT4) NextGen

Sentiment Indicator

The sentiment indicator will give you an insight into what positions other traders are taking. Sentiment analysis is often used as part of a contrarian trading strategy.

Axi Sentiment Indicator

Axi Sentiment Indicator

Correlation Trader

The correlation trader will show you the correlation between different instruments and can help to find potential trading opportunities and for order management.

Axi Correlation Trader

Axi Correlation Trader

Alarm Manager

The alarm manager can send you customised alerts which is useful if you are monitoring multiple charts at once and do not want to be at your screen all of the time.

Axi Alarm Manager

Axi Alarm Manager

Economic Calendar

The economic calendar keeps you up to date with the latest market news and can be set to send you alerts on specific events.

Axi Economic Calendar

Axi Economic Calendar

New Terminal Window

The new terminal window has some additional features for managing orders, sending alerts, creating templates, grouping functions together and more.

Axi New Terminal Window

Axi New Terminal Window

Automated Trade Journal

The automated trade journal can help to improve trade analysis by automatically recording your activity.

Axi Automated Trade Journal

Axi Automated Trade Journal

Session Map

The session map simply shows you the different markets opening and closing times. Market sessions are New York, London, Tokyo & Sydney.

Axi Session Map

Axi Session Map

Mini Manager

The mini manager has the ability to open/manage positions and use complex order types with more efficiency.

Axi Mini Manager

Axi Mini Manager

Forex News

The forex news feature provides you with the latest forex news directly into the platform. You can add your favourite news feeds and follow traders from social networks.

Axi Forex News

Axi Forex News

Axi API Trading Solutions

Axi offers FIX API trading with a depth of liquidity and a technological edge to keep your capital safe.

  • Receive pricing specifically designed to improve the performance of your trading systems
  • Tight spreads and low latency with reliable execution and high-level click-through rate
  • High-spec infrastructure that can handle demand and ensure a stable environment with superior pricing
  • Receive order execution in milliseconds with co-located servers
  • Fully customisable API trading solutions

Myfxbook Autotrade

The Myfxbook Autotrade application is a 3rd-party technology application made available to Axi clients through the MT4 trading application.

Myfxbook Autotrade

Myfxbook Autotrade

Myfxbook Autotrade is an online automatic analytics tool that connects with your forex trading account. It allows users to:

  • Create an online portfolio to organize and monitor all trading accounts and systems in one centralised place
  • Automatically analyse data in your trading system or account using the innovative statistical analysis tools
  • Allow potential clients to see your trading performance and achievements by granting them access to see your 3rd party audited trading results
  • Stay ahead of the curve with Myfxbook Autotrade’s economic events calendar, market news, real-time forex quotes and other market indicators

Axi Trading Tools

Axi offer a set of trading tools that can be used for assisting with your trading. These range from providing signals, chart analysis, multiple account management and more.

MT4 Trading Signals

The trading signals offering allows you to copy trading signals from traders around the world directly into your trading platform. There are thousands of signal providers to choose from and you can share your own strategy signals.

Trades from signal providers are placed automatically within your account and can be stopped at any time. You can follow multiple signal providers and do not need to be at your terminal when trades are placed. Risk parameters are flexible and can be set according to your own preferences.

Axi make a point to emphasise that signal performances are based on historical performance and there is no guarantee on future performance.

Axi Trading Signals

Axi Trading Signals

Multi-Account Manager

The multi-account manager (MAM) is a built-in trading tool that allows you to conveniently control multiple accounts from one trading terminal. It can execute multiple blocks of orders on all accounts that are operating under a master account with 6 allocation methods and all order types accepted. The MAM is only available to approved and regulated operators of discretionary accounts or managed investment schemes.

Axi Multi-Account Manager

Axi Multi-Account Manager

MT4 VPS Hosting

Axi clients can subscribe to a virtual private server (VPS) via external third-party providers such as ForexVPS. A VPS is a virtual host on an external server for your trading platform that runs 24/7, thus limiting connectivity issues and downtime whilst allowing you to run automated systems (expert advisors). If a client trades a certain amount of volume every month, Axi will contribute towards the cost of the VPS.

Autochartist

The Autochartist pattern recognition software can save you time scanning the charts by conducting automated chart analysis for you. It will show you patterns found on an instrument of your choice with a pattern quality rating. You can set alerts for when patterns are found and it can also forecast possible stop loss or take profit levels.

Axi Autochartist

Axi Autochartist

Automated Technical Analysis

Autochartist automatically finds Fibonacci patterns such as extensions and retracements as well as chart patterns such as Triangles, Wedges, Tops and Bottoms. It can send notifications when a pattern is discovered and identifies possible support and resistance levels based on these patterns.

Axi Autochartist Automated Technical Analysis

Axi Autochartist Automated Technical Analysis

Performance Statistics

You can review the past 6 months performance statistics of the patterns and levels found by Autochartist to see those that worked and those that did not.

Axi Autochartist Performance Statistics

Axi Autochartist Performance Statistics

Volatility Analysis

The volatility analysis gives information related to the volatility of markets at any given time with an adjustable risk parameter to identify instruments that meet a certain volatility criteria.

Axi Autochartist Volatility Analysis

Axi Autochartist Volatility Analysis

Favourites

You can set your favourites to only display certain patterns and filter by probability of success based on past performance.

Axi Autochartist Favourites

Axi Autochartist Favourites

Free Market Report

You can subscribe to be sent economic news 3 times a day that covers the outlook for various markets over the coming days.

Axi Autochartist Free Market Report

Axi Autochartist Free Market Report

Trading Community

There is an Autochartist trading community that includes tutorial videos to help you understand how to use and personalise the software.

Axi Autochartist Trading Community

Axi Autochartist Trading Community

Economic Calendar

Axi have an economic calendar that gives you details on upcoming news events which can be filtered by trading instrument, date and impact. You can see historical and future forecasts of each news release.

Axi Economic Calendar

Axi Economic Calendar

PsyQuation Premium

PsyQuation is an advanced data analytics platform that uses highly sophisticated algorithms to analyse your own individual trading style and find areas for where you could improve. It is free to all Axi clients who maintain a balance of at least $500 and trade a minimum of 1 standard lot per month.

Axi PsyQuation Premium

Axi PsyQuation Premium

PsyQuation Premium has more powerful indicators, frequently updated trading signals, comprehensive forecasting and institutional level quantitative models. Users have exclusive access to a suite of advanced trading tools that includes the Order Flow Sentiment Indicator (OFSi). OFSi allows users to view the Buy and Sell order flow of 22,000+ live trading accounts. You can also receive custom alert notifications via the app, email or SMS.

Axi Education

Axi have an education centre with free training for all levels of traders that covers a range of basic, intermediate and advanced subjects. The centre includes eBooks, webinars, video tutorials and a glossary. All of the courses have been created by traders, for traders. That means you can be confident you’re getting the essential information you need, from people who understand the industry. Courses are self-paced so you have flexibility to go over lessons as many times as you need.  Tutorials are available in 24 languages.

Video Tutorials

There is a good selection of easy to follow tutorial videos that cover forex trading, stocks, CFDs, market analysis, trading psychology, trading strategies, trading platforms, social trading and more.

Axi Tutorial Videos

Axi Tutorial Videos

eBooks

You can download a range of free eBooks on the Axi website. Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets.

Axi eBooks

Axi eBooks

Free Educational Course

The Axi free educational course covers many aspects of trading from how to place trades, risk management, chart analysis, news trading and more. They can help you to arm yourself with essential skills and strategies to trade the financial markets.

Written by pro traders, the free five part series breaks down some of the basic concepts you need to know about trading, including:

  • How FX trading works
  • Trading tools, techniques and strategies that work
  • Essential indicators and technical analysis techniques
  • Video tutorials and other bonus content

Market News

Axi have a markets blog where you can read about the latest market news. This includes market analysis, education and company news. This section is frequently updated and includes technical and fundamental chart analysis which can help inspire potential trade ideas.

  • Market News: Stay informed with the latest economic news and market events that matter
  • Market Analysis: Drill down into the trades, trends and products moving the global markets
  • Expert Commentary: Get unique market insights and see the trading world through the eyes of professional traders
Axi Market Analysis

Axi Market Analysis

Seminars & Webinars

Axi offer weekly free webinars which cover a range of topics ranging market analysis, trade management, trading psychology and much more. Whether you’re just getting started on your trading journey or are already an experienced trader, there’s always something new to discover about the markets.

Axi Webinars

Axi Webinars

Axi Trading Circle

The Axi Trading Circle is an exclusive online trading community that makes it easy to connect with leading experts, qualified analysts and traders all around the world. You can join the community to ask questions, open discussions and get practical guidance on becoming a better trader.

Trade alongside the pros

Open direct channels of communication with professional traders and highly experienced analysts, then trade alongside them as they take on the markets every day.

Real-time chatrooms

Be part of a dynamic trading community in public and private chatrooms dedicated to different trading topics, from FX and equities to analysis and strategies.

Daily market insights

Enjoy daily access to exclusive expert insights, trend analysis and views on the latest market news, all designed to help build your knowledge and improve your trading skills.

Open to traders of every level

Whether you are brand new to trading or an experienced pro, you’ll find a community of likeminded traders with valuable knowledge to share and help you trade your edge.

Knightsbridge Trading Academy

Eligible Axi clients get complimentary access to top online trading courses from the London Stock Exchange-accredited Knightsbridge Trading Academy. This course allows you to learn from accredited tutors and elite traders. It contains videos, webinars, guides and exams.

Knightsbridge Trading Academy

Knightsbridge Trading Academy

Axi Instruments

Axi have a wide range of different trading instruments across multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFs.

Forex Trading

Axi offers a vast range of major, minor and exotic FX currency pairs available to trade with tight spreads, fast execution, flexible leverage and liquidity from 14 of the world’s leading banks.

Commodities Trading

You can trade commodities with Axi without needing to purchase the physical asset as you are simply trading on the price movement of the underlying asset or instrument. Some of the most popular traded commodities are gold, silver, oil and gas. Commodities are often used as a way to diversify a portfolio.

Indices Trading

When you trade indices with Axi you trade on the performance and price movements of stocks without actually purchasing physical ownership of an asset. Index trading is popular mainly due to the diversity they offer and flexible leverage.

Cryptocurrency Trading

You can trade cryptocurrency CFDs online with Axi, provided that it is allowed in your country of residence. Traders can get the advantages of Bitcoin’s high volatility without the need for a digital wallet, no requirement to purchase physical Bitcoins and without the risk of digital currency theft.

Known as a “cryptocurrency”, Bitcoin is a form of digital currency. Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets.

Because Bitcoin it is not a centralised currency controlled by a single bank or dominated by interbank dealers, the Bitcoin market moves quickly with retail demand and can be subject to significant price swings.

With Axi, you don’t need to own any Bitcoins to trade it – they allow you to trade Bitcoin CFDs which is where you trade on the price movements, meaning you have the potential to make profit or loss from either direction.

Axi Instruments

Axi Instruments

Axi Accounts & Fees

Axi offer a choice of standard or pro accounts that are flexible depending on individual trader needs. All accounts feature simple and secure funding, advanced trading platforms and tools. The main difference between the accounts are the spreads, commission and minimum deposit required.

Each account has 140+ FX pairs, Metals & CFDs to choose from. Leverage up to 1:500 is available with EU leverage capped at 1:30 due to ESMA restrictions. Expert advisor trading, MT4 NextGen and the free VPS for qualifying clients are available on both accounts. MT4 NextGen does require a $1,000 minimum deposit.

MT4 Standard Account

The standard account requires no minimum deposit, has variable spreads starting from just 0.4 pips and charges no commission.

MT4 Pro Account

The pro account also has variable spreads starting from just 0.0 pips with a commission of $3.5 charged. This account may be preferred if you need the tightest possible spreads.

Demo Account

Demo accounts are available if you wish to test trading conditions and platforms before opening a real account. This can be a great way to familiarise yourself with the trading platforms and practice your trading strategies with virtual funds, risk free. Once you feel confident enough to trade with real money, you can then consider opening a live account.

  • A Demo account mirrors the live trading environment to help you find your trading edge – without the risk
  • $50,000 of virtual funds to use to practice and build essential trading knowledge
  • Free for 30 days, or get unlimited access when you open a Live account
  • Get access through the world-leading MT4 trading platform
  • Enjoy the same features and functionality as Live trading accounts, including products, pricing, charts and more.

Islamic Account

Axi do offer Islamic accounts that comply with Sharia law. Featuring no swap fees or interest payments, this account is the ideal solution for those who are unable to earn or pay interest due to religious beliefs. Simply send Axi support a request and they can switch your account over for you if you follow the Muslim faith.

Axi Account Types

Axi Account Types

As broker fees can vary and change, there may be additional fees that are not listed in this Axi review. It is imperative to ensure that you check and understand all of the latest information before you open an Axi broker account for online trading.

Axi Support

Axi have a global, multi-lingual team available to help you 24/5. Customer support is provided via online chat, telephone and email whilst clients get their very own dedicated personal account managers for a more personalised service. With offices in Sydney, London, Dubai and Chisinau, there is always someone from the support team on hand to answer your general or technical questions. Support is offered in 12 countries and 6 languages.

Axi Deposit & Withdrawal

Axi have a generous selection of deposit and withdrawal methods to suit different client requirements. You can use a credit card, bank transfer or an online payment processor such as Neteller, Skrill, FasaPay and Sofort. They also accept cryptocurrency payments with Bitcoin.

To help ensure you have more money left to trade with, Axi charges no fees for funding and withdrawals to or from your trading account, up to a value of $50,000 per month. If you exceed this monthly Fee Free Limit, Axi reserves the right to pass on your Neteller and Credit card transaction fees. If you have further questions, you can contact your account manager who will be happy to help.

Keep in mind that although Axi do not charge any funding fees, there may be some third-party fees when using certain payment methods. Bank transfers may take a few business days to clear whereas crad payments and e-Wallets can be instant.

Accounts can be opened in various currencies including AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Axi Funding Options

Axi Funding Options

Axi Account Opening

Opening an Axi account is a quick and easy online process. You simply complete the online form and verify your email address. You will then need to upload proof of identification and address for KYC purposes. Once verified, you will then be able to fund your account and start trading. Customer support is on hand to assist you during the process if required.

Axi Account Opening Form

Axi Account Opening Form

Axi FAQ

What is the Axi minimum deposit?

The minimum deposit required by Axi to open a trading account is $0. This is a fantastic offer as it gives you the option to start trading with whatever you could afford. It also enables you to try out Axi with a small amount and see if it is a suitable broker for you before committing more funds.

How do I deposit money into Axi?

To deposit money into Axi, you should log into your secure client portal and submit your deposit request. Axi provides clients with a range of safe and secure deposit options, including bank wire transfers, credit/debit cards, Bitcoin, and some common online payment processors: Neteller, Skrill, Moneybookers, China Union Pay, and more.

Please note that not all payment options are available in all countries. Simply log into the Secure Client Portal to view the payment options that are available to you. Making deposits with bank wires could take up to 1 to 3 days to be processed, while credit cards and some online payment gateways offer instant deposit.

Axi does not accept payments from third parties. Please ensure all deposits into your trading account come from an account in your name. Payments from Joint Accounts will be accepted if the trading account holder is one of the parties to the joint account.

What are the Axi deposit fees?

Axi does not charge any fees for deposits for any payment method. If funding exceeds monthly limits, Axi may charge fees. For example, charges are applied for card payments and other payment methods where deposits exceed a monthly limit of US$50,000. Payments below this monthly limit and all bank transfers remain free.

However, please be aware that you may incur fees on payments to some international banking institutions and that AxiCorp accepts no responsibility for any such bank fees. Please also note that your bank may view payment to Axi as a cash advance and bill you according to your cash advance rules.

How do I withdraw money from Axi?

To make withdrawals at Axi, you can log in to your secure client portal and choose your preferred withdrawal method from the list of payment options: bank wire transfers, credit/debit cards, and some common online payment processors: Neteller, Skrill, Moneybookers, China Union Pay, and more.

What are the Axi withdrawal fees?

Axi does not charge any fees for withdrawals, but the payment processor or financial institution might charge some fees. You should check with them to see if there are any fees applicable.

What is the Axi commission fee?

Axi charges very low commission fees. Interestingly, there are zero commission fees when you use Standard account, while a $7 commission per standard lot per round turn is charged in Pro account.

Are there any Axi inactivity fees?

Axi does not charge an inactivity fee. Some brokers would start to deduct funds left in your trading account should you take a break or temporarily forget about them. You won’t get any nasty surprises if you leave your Axi account dormant for a sustained period.

What are the Axi account types?

Axi offers a choice of two live trading account options: Standard and Pro accounts.

The Standard account is a commission-free account that allows you to trade in more than 140 financial markets. It has spreads from 0.4 pips and leverage of up to 1:500.

On the other hand, Pro account has very low spreads from 0.0 pips and charges a $7 per round turn commission fee. Leverage of up to 1:500 is also available on Pro account, and users get to trade up to 140 financial instruments.

Both account types have a minimum deposit requirement of $0. Their base currencies include AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD.

Is there an Axi demo account?

Yes, Axi offers a demo account option. This can be a great way to acquaint yourself with the trading platforms and practice your trading strategies risk-free using virtual funds. A demo account also allows you to freely check out the broker’s products and services to see if they are suitable for your individual needs.

The Axi demo account comes preloaded with $50,000 in virtual money for practice purposes. It has an expiry period of 30 days. The demo accounts have all of the same features and functions as a real account, but it does not simulate the real trading market conditions.

You should also know that demo accounts do not take into consideration the psychological impact of trading with real money. So, your trading performance with a real account may not be comparable to that of trading with virtual funds.

What are the Axi spreads?

The spreads at Axi start from 0.4 pips on the Standard account and 0.0 pips on the Pro account. Axi strives to keep its trading costs low with competitive spreads across various currencies, commodities and indices. During liquid times their market-leading spreads can go as low as 0.0 pips.

In forex trading, currency pairs are the instruments that are analysed and traded. The currency pairs are always shown against two prices – the bid (sell) and the ask (buy) price – and the difference between these two numbers is called the spread.

Different factors influence the size of the spread, such as the currency pair being traded, the size of the trade, how volatile that pair is, and the provider you are dealing with.

What is the Axi leverage?

The maximum leverage available at Axi is capped at 1:500. You can set the leverage on your account to a level that you feel most comfortable with.

Leverage allows you to trade a larger position size than you would have been able to without it. It is essential to ensure that you are fully acquainted with the concept of leverage before using it.

For example, if you have $1,000 in your trading account and you wish to use $500 of it to open a position on the EUR/USD currency pair with 1:30 leverage. This means that you would be able to hold a position worth $15,000 as $500 x 30 = $15,000.

While this can be tempting as there is the potential for larger gains, it also significantly increases the risk. Thus, you must have a clear understanding of trading with leverage and the risk that it entails before doing so.

What are the Axi margin & stop-out levels?

The broker’s margin requirement is 0.2% of the value of the lot size. Axi may place a liquidation order for your open position(s) when your total equity balance falls below the liquidation level or zero, whichever is the greater. For the Standard and Pro accounts, the liquidation level is 20%. Liquidation level is the ratio between total equity and margin requirement.

Margin is the required amount in the trading account’s base currency needed to open or maintain a position. Margin is calculated as a percentage of the notional value of the CFD or a fixed monetary amount.

If your total margin requirement exceeds your total equity, your account will be placed on a margin call. If your account reaches the liquidation level or stop-out level, some or all your positions may be liquidated.

Generally, when an account has insufficient funds to satisfy the total margin requirements, a margin call is generated and sent to the email address provided by the client. Traders are advised that they must always maintain sufficient free equity to meet the total margin requirement.

Does Axi allow hedging, scalping & expert advisors?

Yes, Axi welcomes all trading strategies: hedging, scalping and expert advisors.

Is there an Axi Islamic account?

Yes, you can open an Axi Islamic account. Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Sharia law. Axi offers Islamic accounts to clients following the Muslim faith.

What are the Axi trading instruments?

Axi offers access to trade the following financial instruments: forex, indices, commodities, metals, and cryptocurrencies. There is a large range to choose from with something to suit everyone’s interests.

How do I open an Axi live account?

Opening an Axi account is simple. You need to click on the Open a Live Account link on the top right corner of the broker’s website and complete the short application form. Once the accounts team has approved your online application, you will be emailed your trading account login details and password. You can then download the trading platforms and fund your account to begin trading.

How do I verify my Axi account?

You can verify your Axi account electronically by uploading the following documents:

  • Proof of Identification: clear copy of a valid Passport, National ID, or Driver’s license.
  • Proof of Residence: clear copy of bank or credit card statement, utility bill (e.g., water, electricity, gas, landline phone, Internet, TV Service), municipality statements. Proof of residence documents must have been issued within the last six months

What is Axi trading platform?

Axi provides traders with the MT4 trading platform. It is an advanced trading platform that was developed in 2005 by a Russian software company. The platform is feature-packed and offers access to the global financial markets. The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and mobile apps for mobile devices running on Android and iOS.

Where can I download Axi platform?

You can freely access the web version of the MT4 trading platform from the broker’s website. The desktop platforms can be downloaded as desktop applications from the broker’s website, while the mobile apps can be downloaded from the relevant app stores via the broker’s website or by searching them on the app stores.

Where is Axi located?

Axi is headquartered in Australia with offices in Saint Vincent and the Grenadines, South Africa, Germany, United Kingdom, Latin America, Middle East, China, and Dubai.

Is Axi regulated?

Axi is a trading name of AxiTrader Limited (AxiTrader), which is incorporated in St Vincent and the Grenadines, number 25417 BC 2019 by the Registrar of International Business Companies, and registered by the Financial Services Authority.

Axi is also a trading name of AxiCorp Financial Services Pty Ltd (AxiCorp). AxiCorp holds an Australian Financial Services Licence (AFSL number 318232). AxiCorp is authorized and regulated by the Financial Conduct Authority with FCA Reference Number 509746.

What countries does Axi accept?

Axi accepts clients from different parts of the globe except for the United States of America, Canada, Iran, and some other countries where their services are contrary to some local laws and regulations.

Is Axi a scam?

No, Axi is not a scam. Axi is a regulated broker that is well established and has been offering secure online trading services since 2007. They are trusted by more than 42,000 customers in 100 countries across the globe.

How can I contact Axi support?

You can contact Axi support through the following contact channels: email, telephone, and Live Chat. The support team is available 24/5 to answer any of your questions whilst they are multilingual, so you can be sure to have someone attend to you in your local language.

Axi Summary

Axi are a reliable broker who have won numerous awards due to the industry leading trading products and services that they provide. They offer an extremely competitive trading environment that includes user-friendly trading platforms and a large range of trading instruments across multiple asset classes.

The broker has tight spreads, fast trade execution speeds and low commission fees. In addition to superior trading conditions, clients also get a choice of convenient deposit/withdrawal methods, helpful trading tools, educational materials and 24/5 support.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Min $1 Deposit

Axi is an award winning, regulated online broker created by traders for traders. They offer tight spreads, low commissions, rapid trade execution speeds & a range of different markets. Advanced platforms & trading tools ensure an excellent trading experience.

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