Axi
Forex & CFD Broker — Independent Review
Score Breakdown
Quick Summary
| Broker | Axi (axi.com) |
| Legal Name | AxiCorp Financial Services Pty Ltd |
| Founded | 2007 — Sydney, Australia |
| Type | ECN/STP Forex & CFD Broker |
| Regulation | FCA (UK) #466201 — Tier 1 | ASIC (Australia) #318232 — Tier 1 | CySEC #433/23 — Tier 1 | DFSA (UAE) #F003742 | FMA (NZ) #518226 |
| Min Deposit | $0 Standard | $500 Pro | $25,000 Elite |
| Max Leverage | Up to 1:500 (international) | 1:30 (FCA/CySEC clients) |
| Avg EUR/USD Spread (Standard) | ~0.7 pips |
| Avg EUR/USD Spread (Pro) | ~0.0 pips + $4.50 round-trip commission |
| Commission | $0 Standard | $4.50 RT Pro |
| Instruments | 290+ CFDs — Forex, Stocks, Indices, Commodities, Crypto, IPOs |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Axi Trading Platform |
| Payment Methods | Credit/Debit Cards, Bank Transfer, Bank Wire, Przelewy24, and more |
| Account Currencies | USD, EUR, GBP, AED, CAD, CHF, HKD, SGD, ZAR, PLN, and more |
| Withdrawal Fees | None (broker side) |
| Execution Model | ECN/STP — 20+ Tier-1 Liquidity Providers |
| Algo Trading (EAs) | ✅ Fully supported on MT4 & MT5 |
| Copy Trading | ✅ Available |
| Scalping | ✅ Allowed |
| Hedging | ✅ Allowed |
| Islamic Account | ✅ Swap-free available |
| Negative Balance Protection | ✅ All retail clients |
| Autochartist | ✅ Free — all accounts |
| Free VPS | ✅ Included |
| Trustpilot Rating | 4.2/5 ⭐ (4,375+ reviews) |
| Support | 24/5 — Live Chat, Email, Phone |
| Investor Protection (UK) | Up to £85,000 (FSCS) |
| Investor Protection (EU) | Up to €20,000 (ICF) |
| Excluded Countries | USA, Belgium, Ontario (Canada) |
Editorial Overview
Axi (formerly AxiTrader) is one of the most credible and long-standing retail Forex and CFD brokers in the world. Founded in 2007 in Sydney, Australia by two traders, the broker has grown into a multi-regulatory global operation with over 60,000 clients in 100+ countries and a traded volume exceeding $2.5 trillion in a single financial year.
What sets Axi apart from most brokers in this space is its triple Tier-1 regulatory stack — simultaneously authorised by the FCA (UK), ASIC (Australia), and CySEC (Cyprus). UK clients are covered by the FSCS investor compensation scheme up to £85,000. EU clients are covered up to €20,000 by the ICF. This level of investor protection is extremely rare among brokers that also offer high leverage to international clients.
Trading conditions are genuinely competitive: $0 minimum deposit on the Standard account, 0.0 pip raw spreads on Pro, ECN/STP execution via 20+ Tier-1 liquidity providers, and access to 290+ instruments including Forex, Stocks, Indices, Commodities, Crypto, and IPO CFDs. Free Autochartist and a free VPS are included on all accounts — premium tools that most brokers charge for separately.
For funded traders looking to scale their live trading beyond a prop firm, Axi represents one of the strongest regulated options available globally — combining institutional-grade execution, true Tier-1 regulatory protection, and an accessible Standard account with no minimum deposit requirement.
Pros & Cons
✅ Pros
- FCA (UK), ASIC (Australia), and CySEC (Cyprus) regulated — three of the world's most respected Tier-1 financial regulators
- UK clients covered by FSCS investor compensation up to £85,000. EU clients covered up to €20,000 by the ICF
- Established in 2007 — 17+ years of operation with a clean regulatory record
- Zero minimum deposit on Standard account — genuinely accessible to all
- Raw spreads from 0.0 pips on Pro account
- ECN/STP execution via 20+ Tier-1 liquidity providers — no dealing desk
- 290+ trading instruments across Forex, Stocks, Indices, Commodities, Crypto, and IPOs
- MT4, MT5, and proprietary Axi Trading Platform — best multi-platform coverage
- Free Autochartist and free VPS on all accounts — premium tools at no cost
- Zero fees on deposits and withdrawals across all payment methods
- 4.2/5 Trustpilot score from 4,375+ verified reviews
- Award-winning 24/5 support — Best Financial Institution UK (2025, Global Business & Finance)
- Islamic swap-free accounts available
- Negative balance protection for all retail clients
- Over $2.5 trillion in traded volume in FY20 — institutional-grade liquidity
❌ Cons
- Not available to US, Belgian, or Ontario (Canada) residents
- MT5 availability limited to certain regions
- Elite account requires a high $25,000 minimum deposit
- Commission on Pro account ($4.50 RT) increases cost for lower-volume traders
- Share CFDs selection (70+) smaller than some specialist equity brokers
- International entity (SVG FSA) used for some regions — lighter regulation than FCA/ASIC