Axi Forex Broker Review
FXMARE editorial rating, not user reviews.
Reviewed by the FXMARE Research Desk under our review methodology · licences last verified 2026-06-25
Axi (formerly AxiTrader) is a Sydney-based multi-regulated forex and CFD broker offering commission-free standard and raw-spread pro accounts with no minimum deposit, backed by ASIC, FCA, and CySEC oversight.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
Between 74% and 89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs and leveraged products work and whether you can afford to take the high risk of losing your money. FXMARE is not a broker and does not offer these products; figures are indicative of those disclosed by regulated providers. This page is information, not financial advice. See our full risk disclosure.
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Axi Overview
Axi (formerly AxiTrader) is a Sydney-based multi-regulated forex and CFD broker offering commission-free standard and raw-spread pro accounts with no minimum deposit, backed by ASIC, FCA, and CySEC oversight.
Axi is regulated by ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (UAE-DIFC), FMA (New Zealand), SVGFSA (St Vincent & Grenadines, offshore). Independently verifiable licences include ASIC (Australia) — AFSL 318232; FCA (UK) — FRN 466201 (Axi Financial Services (UK) Limited); CySEC (Cyprus) — CIF 433/23 (Solaris EMEA Ltd); DFSA (UAE-DIFC) — Reference F003742 (AxiCorp Financial Services Pty Ltd, DIFC Branch); FMA (New Zealand) — FSP 518226. It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads start around 0.1 pips on the raw/ECN account (about 1.2 pips on the standard, commission-free account), with $7 (Pro); $3.50 (Elite) commission. The minimum deposit is $0 and maximum retail leverage is 1:30 (EU/UK/AU retail), 1:500 (offshore/international). Swap-free (Islamic) trading is offered conditionally — Available on request for Standard and Pro accounts. No swap charges for positions held under 5 days. A holding fee (admin charge, direction-agnostic) applies from day 5 onward. Covers forex majors/minors, gold, silver, some cash indices, and select cryptos. Standard and swap-free accounts cannot be held simultaneously. Axi monitors usage for good-faith religious compliance..
Platforms include MT4, MT5, TradingView, Axi Copy Trading app. Axi provides ~270+ CFDs (70+ forex pairs, 30+ indices, 100+ stock CFDs, 20+ commodities, 35+ crypto; select entities also offer 150+ crypto perpetual futures) across Forex, funded via Credit/debit card (Visa, Mastercard, JCB, Maestro), Bank wire transfer, Skrill, Neteller, POLi, BPAY.
Axi is a credible, well-established retail CFD broker with genuine tier-1 regulatory depth (ASIC, FCA, CySEC, DFSA). Its Pro account is genuinely competitive at ~0.1 pip raw + $7 RT, and the zero minimum deposit removes barriers to entry. The standard account spread (~1.2 pips EUR/USD) is acceptable but not market-leading. Platform breadth is slightly limited — MT4/MT5 only for core trading, though the proprietary Axi platform with TradingView integration adds meaningful value. The funded-trader Axi Select programme is a genuine differentiator. Overall a solid, trustworthy choice for most retail forex traders, particularly those using MT4.
Headquarters: Sydney, Australia · Funding: Credit/debit card (Visa, Mastercard, JCB, Maestro), Bank wire transfer, Skrill, Neteller, POLi, BPAY, China UnionPay, FasaPay
Pros
- Regulated by ASIC, FCA, CySEC, DFSA and FMA — strong multi-jurisdictional oversight
- No minimum deposit on Standard and Pro accounts
- Competitive Pro account: raw spreads from 0.0 pips + $7 RT commission
- Proprietary Axi Trading Platform with native TradingView charts (desktop and mobile)
- Axi Select funded-trader programme with $500 entry — rare for a retail CFD broker
Cons
- Standard account EUR/USD spread (~1.2 pips) is only average versus ECN-first rivals
- $10/month inactivity fee after 12 months dormancy
- MT5 not available on all entities (notably the Australian ASIC entity)
- FMA licence had a temporary suspension (2019–2021) — history worth noting for risk-conscious users
Ratings Breakdown
Axi Fees & Costs
Regulation & Safety
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
Axi is authorised by ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (UAE-DIFC), FMA (New Zealand), SVGFSA (St Vincent & Grenadines, offshore). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Platforms
Available on desktop, web and mobile. Tradable across Forex. Track every position you take with Axi in the FXMARE trading journal.
FXMARE Verdict
Axi is a credible, well-established retail CFD broker with genuine tier-1 regulatory depth (ASIC, FCA, CySEC, DFSA). Its Pro account is genuinely competitive at ~0.1 pip raw + $7 RT, and the zero minimum deposit removes barriers to entry. The standard account spread (~1.2 pips EUR/USD) is acceptable but not market-leading. Platform breadth is slightly limited — MT4/MT5 only for core trading, though the proprietary Axi platform with TradingView integration adds meaningful value. The funded-trader Axi Select programme is a genuine differentiator. Overall a solid, trustworthy choice for most retail forex traders, particularly those using MT4.
Axi — frequently asked questions
Is Axi regulated?
Axi states it is authorised by ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (UAE-DIFC), FMA (New Zealand), SVGFSA (St Vincent & Grenadines, offshore). We last checked those licence details against the regulators' own public registers on 2026-06-25. Licences are entity-specific: the group company that onboards you depends on your country, so confirm which entity your client agreement names before depositing.
What is the minimum deposit at Axi?
Axi lists $0 min deposit. Minimums vary by account type, funding method and regional entity, so treat this as indicative and confirm the figure on the broker's own site for the account you intend to open.
What spreads does Axi offer on EUR/USD?
Axi advertises spreads from 0.1 pips (raw/ECN), with EUR/USD quoted around 1.2 pips (standard) · 0.1 pips + commission (raw). Commission: $7 (Pro); $3.50 (Elite). Advertised "from" figures are floors seen in ideal conditions rather than averages — compare total cost per round turn (spread plus commission) at the volume you actually trade.
What is the maximum leverage at Axi?
Axi advertises up to 1:30 (EU/UK/AU retail), 1:500 (offshore/international). Leverage caps are set by the regulator of the entity you trade with, so retail clients in the UK, EU and Australia receive materially lower caps than the headline figure. Higher leverage magnifies losses as much as gains.
Does Axi offer swap-free (Islamic) accounts?
Partly. Axi offers swap-free trading with conditions. Available on request for Standard and Pro accounts. No swap charges for positions held under 5 days. A holding fee (admin charge, direction-agnostic) applies from day 5 onward. Covers forex majors/minors, gold, silver, some cash indices, and select cryptos. Standard and swap-free accounts cannot be held simultaneously. Axi monitors usage for good-faith religious compliance.
Which platforms does Axi support?
Axi supports MT4, MT5, TradingView, Axi Copy Trading app. Platform availability can differ by entity and account type — a platform offered in one region is not guaranteed in another, so verify it is available on the specific account you plan to open.
Community Rating
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Complaints & Resolutions
No complaints filed against Axi. If you’ve had an unresolved issue, you can file one above.
FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of Axi. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.