Currently, the Axi brand is regulated in the UK by the FCA under the London Company AxiCorp Limited brand. ASIC also regulates them in Australia under the name AxiCorp Financial Services Pty Ltd. The regulation is further expanded to other regulatory agencies in multiple jurisdictions. It is safe to say that Axi is the best forex broker with a great reputation, making them an excellent choice for both learning and expert traders.
In 2016, AxiCorp announced that it had received a significant strategic investment from RGT – a leading Australian private equity firm. The goal of this initiative was to help drive its global growth. It is how they can offer services across so many countries. At the moment, over 100 countries are eligible to trade with Axi. Right now, they host over 40,000 traders with 8 offices around the world to ensure smooth sailing.
From humble beginnings in 2007, Axi has rapidly grown to encompass a large portion of the forex market. Our Axi review found out that they offer one of the best trading platforms globally and other unique features. The London-based brand of Axi launched in 2012, and when they expanded by 2015, they had hit $100 billion in monthly volume moved by clients.
Axi Review 2025 Quick Summary
🏢 Headquarters | Australia |
📆 Established | 2012 |
🗺️ Regulation | FCA, ASIC |
🖥 Platforms | Only MT4 |
📉 Instruments | Forex, Commodities as well CFDs and Indices, Bitcoin |
💳 Minimum Deposit | $1 |
💰 Deposit Methods | Credit/Debit Cards, Bank Wire, Skrill, Neteller, China Union Pay, FasaPay |
📱 Mobile Trading | Available |
🌍 Web Trading | Available |
💵Minimum Trade Size | 0.01 |
🎢 Maximum Leverage | 1:400 |
🌍 ECN | Available |
🤖 Robots | Available |
🎯 Scalping | Allowed |
☎ Customer Support | 24/5 |
What We Like About Axi
- They are fully regulated and overseen by reputable regulatory bodies around the world
- Axi’s trust rating is high, as they have won multiple awards and have a clean record
- They have no inactivity fees
- The account opening is easy and completely online.
What Axi Could Improve
- The email support is a bit slow
- They only offer CFD and currency/forex trading
Regulation
Axi has a solid reputation, even though there are some issues with the license in Australia and the subsidiary regulated in St. Vincent and the Grenadines. AxiCorp Financial Services is the parent company and owner of all subsidiaries operating under the Axi name.
Until January 2020, Axi was regulated by ASIC. However, their license was suspended over some issues, and the broker appealed. They continue to operate, pending a resolution for this case. The Axi subsidiary that is regulated and authorized in St. Vincent and the Grenadines is the one that is supposed to be for international clients. In our Axi review, we make a point of checking the claims made by brokers.
A search on St. Vincent and the Grenadines website for Commercial Intellectual Property Office did not return any results. However, in general, the broker seems to have a great reputation. The license issues are probably temporary as the broker continues to enjoy success and great reviews from clients and industry experts.
The theory is that this is an oversight by the company. If you feel any additional concerns, you should call in and talk to them about this. They will likely offer a good explanation for it. Other than that, they seem to take client trust very seriously.
They are members of the first independent and self-regulatory organization called The Financial Commission, based in Hong Kong. The protections offered to clients by the organization include a compensation fund of €20,000 per client.
Many of the regulations imposed by the regulatory agencies overseeing Axi, have everything to do with client protection, among other reasons. One of the new introductions in the rules involves restricting brokers from offering bonuses to clients.
There is no official mention of any Axi deposit bonus or promotion of that kind. The reason for that is legal compliance. If you find anyone offering a bonus in the name of Axi, you would be wise to ignore it. Scammers always pretend to be from a legit broker and try to con people.
Axi Review: Trading Fees
When comparing the trading fees between brokers, we always have to consider the most important things. We will look at the leverage, commission, and spreads that you will find when trading with Axi.
There is a lot to like about their fee structure. To get a clear look that contains everything that you need to know, we have to look at the details of how much you would have to pay if you were trading.
We will select specific products, leverage each of them, and determine how much you will have to pay if you sell after a week. So, here are the products we are going to look at:
- Currency pairs: EUR/USD, AUD/USD, EUR/CHF and GBP/USD
- Stock index CFDs: EUSTX50 and SPX
We will use the following leverage for each: 1:30 for forex and 1:20 for stock index CFDs. With these as the benchmark, we can imagine a scenario where a trader buys a leveraged product, holds it for one week, and then sells it.
For forex, we are going to choose a volume of $20,000 and then a volume of $2,000 for stock indexes.
Axi Review: Financial Instruments
Minimum Deposit, Withdrawal and Deposit Options
Through its Australian entity, Axi requires a minimum of $500 deposit for Australian residents to open a standard account. However, non-residents have to deposit a minimum of $1,000. In the British unit, there is no minimum level for either the standard or the PRO.
You will get many options for depositing and withdrawing your money. As we have outlined in this Axi review, there is a lot to like about the company. The options include:
Credit/debit cards and bank wires: clients choose Skrill, Neteller, China Union Pay, FasaPay, Thai International Banking, Vietnamese Instant Banking, and Polish Instant Banking.
Withdrawing takes 2-5 depending on the method you use. Over time, the broker has promised to introduce instant payments that can be made directly to your phone.
Axi Review: Account Opening
Axi Review: Account Types
MT4 Platforms
As you will see in our Axi review, the broker mainly uses MetaTrader. It offers forex and CFD market investors access to all asset classes. They include 54 currency pairs and 41 CFDs for goods, metal, indexes, and cryptocurrency.
Even better, Axi offers traders the Multi-Account Manager (MAM) for MT4. It has all the great features that make it easy for any trader to take advantage of the provisions offered by the Pro Account. MT4 is only a great software when it has access to all the great plugins, extensions, and other third-party tools that open up a new world of possibilities for traders.
Axi excels in this field as they provide you with a host of tools that you can use to make the most out of the MT4 platform. Here are some of the features included in the MT4 platform that you can use to make your trades better.