Axi Review 2026: Fees, Regulation & Trading Conditions

Axi is a forex and CFD broker founded in Sydney in 2007. Its offering combines spread-only and raw-spread commission pricing with MT4, MT5 and an Axi web and mobile platform. The contracting entity and account terms depend on where a client lives.

Best For: Active forex and CFD traders who want a choice of spread pricing and trading platforms, including MT4.

Key Strength: Traders can choose between commission-free Standard pricing and raw spreads with commission on Pro, where those terms are available.

Main Limitation: Leverage, account conditions and client protections vary by entity, location and client classification, so global headline terms may not apply to a particular account.

Verdict: Axi offers a flexible platform and account mix, but prospective clients should confirm their contracting entity, charges and protections before funding an account.

How We Rate Brokers: View our review methodology.

Axi operates through different regulated entities, and the protections attached to an account depend on which entity contracts with the client. Regulatory status or protections associated with one jurisdiction should not be assumed to apply to accounts held elsewhere.

Regulatory Licences

AxiCorp Financial Services Pty Ltd — ASIC, licence/reference 318232 (Australia).

Solaris EMEA Ltd — CySEC, licence/reference 433/23 (EEA / Cyprus).

AxiCorp Financial Services Pty Ltd (DIFC Branch) — DFSA, licence/reference DFSA Ref F003742 (Dubai International Financial Centre / eligible regional clients).

Axi Financial Services (UK) Limited — FCA, licence/reference 466201 (United Kingdom).

AxiCorp Financial Services Pty Ltd / New Zealand branch — FMA (New Zealand), licence/reference FSP518226 (New Zealand).

Client Protection Measures

Axi says it holds client money in segregated accounts. The applicable client-money rules depend on the contracting entity and client classification; segregation is not a guarantee against every loss.

Negative-balance protection is not universal. It is available to retail clients in certain regulated jurisdictions, while professional clients and clients under some other entities may not have it. Eligible individuals dealing with the UK entity may be able to claim up to £85,000 through the FSCS, subject to the scheme’s eligibility rules. This should not be treated as protection available to every Axi client.

Spreads and Commissions

Axi uses a hybrid pricing model. Standard accounts have no separate trading commission, with the charge incorporated into wider spreads. Pro accounts use raw spreads from 0.0 pips and charge commission; the Pro commission is approximately $3.50 per standard lot per side. Elite pricing has lower commissions and an approximate $3.50 round-trip figure, but its availability and terms should be confirmed for the relevant entity.

Published average spreads include 1.1 pips on EUR/USD and 1.5 pips on GBP/USD. Gold (XAU/USD) is quoted at 0.13 points and the S&P 500 CFD at 0.29 points. These are instrument-specific figures, not a guarantee of the spread available at a particular time. A Standard starting spread of 0.68 pips is also reported; starting and average spreads are different measures.

Other Trading and Non-Trading Charges

Standard and Pro positions may incur overnight swaps, which can be a debit or credit. Swap-free accounts are available in eligible regions, while futures CFDs may instead incur rollover charges when a contract expires.

Axi charges a $10 monthly inactivity fee after 12 months. Currency conversion charges may apply when the account currency differs from the currency of a deposit, withdrawal or transaction. Axi charges no deposit or withdrawal fee, but a bank, card issuer or payment provider may impose its own charges.

Why Does Axi Select Require More Than a 7% Profit to Advance?

Hitting Axi Select’s 7% profit target is only one condition for moving up a stage. The programme also assesses the trader’s Edge Score, trading activity, time spent in the stage and qualifying equity, and requires positions to be closed before progression is reviewed. On a hypothetical $5,000 Allocation Account, the target is $350. Reaching $350 without meeting the other criteria does not mean an automatic promotion. It is also important to distinguish the programme’s Allocation Account from the trader’s own account: they serve different roles in profit calculations and eligibility.

Axi’s account choices include Standard and Pro pricing, a higher-volume Elite tier, swap-free options, Premium in eligible selected Asian jurisdictions, and UK spread betting. Account conditions are not uniform across locations. In particular, minimum-deposit information differs: Standard is described as having no fixed minimum, while UK terms recommend $100; Pro is described as requiring $500 in one account summary, but UK terms say there is no fixed minimum and recommend $100. Confirm the applicable terms with the entity that will hold the account. Axi Select is a separate capital-allocation programme, not a substitute for checking the terms of a live brokerage account.

How to Open an Account with Axi

Opening a live account requires identity and residence verification. Axi typically asks for a government-issued photo ID and a recent document showing the applicant’s name and address, such as a bank statement or utility bill. Documents can be uploaded through the client portal or trading app. Electronic checks may be completed quickly, while manual review can take longer; the time depends on the review required.

Leverage depends on the client’s country, contracting entity, account and instrument. For retail clients under regulated regimes such as the UK, Europe and Australia, leverage is capped at 1:30 for major forex pairs, with lower limits for other asset classes. These limits do not necessarily apply to professional clients or accounts under other entities.

International account terms describe forex leverage of up to 1:500, with up to 1:1,000 available on certain specialised accounts. These higher figures are not universal and should not be read as the limit for every instrument or client. The precise margin requirement is account- and product-dependent.

Axi gives a 100% margin-call level and a 50% stop-out level, but clients should confirm how these apply to their specific account. Leverage magnifies both gains and losses. Retail negative-balance protection is available only in certain jurisdictions; it should not be assumed for professional or offshore accounts.

Platforms and Trading Features

Axi offers MT4 and MT5, as well as its own web and mobile trading platform. MT4 and MT5 support Expert Advisors, and Axi also provides a copy-trading app that links to an MT4 account. Its app includes TradingView-powered charts. Platform and product availability can vary by entity and account.

Copy trading lets clients mirror signal providers’ trades, with settings for trade size and risk limits. Axi also offers a demo account, educational materials and market research resources. These tools do not remove the risk of losses in copied or automated trading.

Order Execution and Trading Restrictions

Axi permits scalping on standard retail platforms and allows news trading, but volatile conditions can bring wider spreads, slippage or requotes. A transaction may execute above or below the requested price. These are trading risks, not platform features or guarantees of execution quality.

Hedging is supported on MT4 and MT5. On Axi’s proprietary platform, opposite positions may net off instead of remaining as separate trades. Scalping and news-trading rules can also differ for Axi Select or other programme accounts, so review the terms for the specific account before using these strategies.

Markets Available at Axi

• Forex

  Maximum Leverage1:1000

  • Major
  • Minor/Cross (pairs)
• Indices

  Maximum Leverage1:200

  • Global equity indices
• Cryptocurrencies

  Maximum Leverage1:200

  • Crypto CFDs (coins not specified)
• Commodities

  Maximum Leverage1:1000

  • Metals
  • Energy
• Stocks

  Maximum Leverage1:33

  • Stocks (markets not specified) (CFDs)
• ETPs

  Maximum Leverage1:25

  • ETFs (subtypes not specified) (CFDs)

Axi’s CFD range covers forex, global indices, metals and energy commodities, cryptocurrencies, shares and ETFs. CFD exposure does not confer direct ownership of the underlying shares or funds.

Market Coverage and Accessibility

Available markets and leverage depend on the client’s location and contracting entity. The share and ETF offerings are CFDs, and the available product information does not specify every market or instrument within those categories. Check the product schedule for the instruments accessible to the account before trading.

Deposit and Withdrawal Conditions

Axi charges no deposit or withdrawal fee, although payment providers and banks may apply their own charges. The Standard account has no fixed minimum deposit, but payment methods can impose their own thresholds: cards, PayPal and cryptocurrency have minimums of $5, $10 and $50 respectively; bank transfers have no set minimum, though a local bank may set one. Account-specific minimums and recommendations vary, so confirm the terms for the chosen entity and account.

Deposits by cards, e-wallets and cryptocurrency are normally credited instantly, while bank wires can take 1–5 business days. Card, e-wallet and cryptocurrency withdrawals are generally processed within 24 hours; bank-wire payouts may take 1–5 business days. Processing times are not guarantees, and currency conversion or third-party charges may apply.

Customer Support

Support is available by live chat, email, WhatsApp, phone or callback, and through a help centre. Support hours are given as 24/7. Available support languages include English, Polish, Spanish, Portuguese, French, Italian, Greek and Arabic.

Broker Comparison Table

Key Competitive Differences

Pepperstone and IC Markets are alternatives with hybrid spread-only and raw-spread pricing. The available Standard starting-spread references are 0.68 pips for Axi and 1 pip for each competitor, but these starting figures alone do not establish which broker will be cheaper for a particular trade. The information does not provide a common jurisdiction, quote conditions or execution basis for a like-for-like comparison.

IC Markets’ account information includes raw-spread accounts with no minimum deposit and higher-deposit Raw Pro tiers; Pepperstone’s UK account information gives a £10 underlying minimum. Axi’s own account minimums vary by account and jurisdiction. These differences may help narrow a shortlist, but they do not establish overall value or suitability. Compare the precise entity, instrument, commission and account terms that would apply to you.

Traders Who May Benefit

Active forex and CFD traders may value the choice between Standard spread pricing and Pro raw-spread pricing, together with MT4 and MT5 support. Traders who use automated strategies may also find the Expert Advisor support and VPS options relevant, while copy-trading tools may suit those who want to follow signal providers.

Traders Who May Prefer Alternatives

Clients who need one consistent set of account terms across jurisdictions may prefer a provider whose entity and pricing conditions are easier to compare for their circumstances. Traders who require negative-balance protection should establish that it applies to their own retail account before opening it. Those seeking direct ownership of shares or ETFs should note that Axi’s relevant products are CFDs.