FXMARE editorial rating, not user reviews.
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.
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
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.
Available on desktop, web and mobile. Tradable across Forex. Track every position you take with Axi in the FXMARE trading journal.
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.
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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.