Axi review

Risk warning: CFDs and leveraged trading can lead to rapid losses. You may lose money, and leverage magnifies both gains and losses.

Axi is best suited to forex and CFD traders who want MT4 or MT5, especially those running automated strategies on desktop. Its main practical advantage is a choice between spread-based Standard pricing and raw-spread accounts with separate commissions. The trade-off is that there is no single global set of costs or protections: the relevant account, products and safeguards depend on the entity serving your country. Before opening an account, identify that entity and decide whether the commission-based pricing suits your trading; overnight financing and currency conversion can also affect total costs.

How we reviewed it: This assessment considers Axi's stated account, regulatory, cost, platform and product terms; it does not treat execution claims as independently measured results. See our review methodology.

Axi serves clients through several legal entities. The UK entity is Axi Financial Services (UK) Limited, FCA licence 466201; the Australian entity is AxiCorp Financial Services Pty Ltd, ASIC licence 318232. Solaris EMEA Ltd is listed for the Cyprus/EEA route under CySEC licence 433/23. Axi's New Zealand route is listed as FSP518226; registration as a financial-service provider should not be taken to mean that every service is licensed. The entity holding your account determines which protections apply.

Regulation and Client Protections

Segregation separates client money from company operating funds, but does not remove market risk or guarantee recovery in every circumstance. Negative balance protection is limited to eligible retail clients in certain regulated jurisdictions; professional clients and clients under other entities may not qualify. The FSCS limit applies only to qualifying claims against the covered UK firm, not to trading losses. The New Zealand FSP registration is not itself an investment-services licence.

Axi uses two pricing conventions: Standard builds forex trading costs into the spread, while Pro and Elite add a separate commission to raw spreads. To compare them, consider the combined spread and commission for your account and trading activity, then account for holding and conversion costs where relevant.

Spreads, Commissions and Total Trading Costs

The verified Standard EUR/USD spread is 0.6 pips, with no separate forex commission. Pro and Elite list raw FX spreads from 0.0 pips, but add commissions that vary by account and client region. A starting spread is not a typical spread over time, and market conditions can affect costs.

Other Trading and Non-Trading Fees

Financing is relevant when leveraged positions remain open overnight; conversion charges matter when the account and transaction currencies differ. An inactivity fee may apply after 12 continuous months with no trades and no open positions. Axi lists no broker deposit or withdrawal fee, though banks and payment providers may charge separately.

Standard suits traders who prefer spread-based pricing with no separate FX commission; the UK terms list no fixed minimum and recommend $100. Pro is the UK raw-spread option, with a $4.50 round-trip commission per standard lot and a recommended $100 opening amount. Premium also lists raw spreads from 0.0 pips and a $4.50 round-trip commission per standard lot for international accounts; its listed $100 opening amount is recommended for that route. Axi Elite is aimed at higher-volume traders, with raw spreads from 0.0 pips, a $3.50 round-trip commission per standard FX lot and a recommended $25,000 opening amount. Swap-Free follows the linked account's pricing and may replace swaps with overnight administration fees. Spread Betting is listed for MT4, with costs mainly built into the spread and no separate FX dealing commission. Account availability and conditions depend on the relevant entity.

The platform choice depends on how you trade: desktop MT4 or MT5 supports automated strategies, while the browser and mobile routes suit access without that automation. Axi's own web and mobile platform and the Copy Trading App serve different workflows from programming an algorithm; the distinctions and platform-specific limits are set out below.

Desktop, Web and Trading Platforms

Axi's listed stocks, ETFs and cryptocurrencies are CFDs, so they provide price exposure rather than ownership of shares, fund units or coins; crypto CFDs do not provide coins for a wallet. Region and account determine which products are available, including the exclusion of these crypto derivatives for UK retail clients. Commodity contracts may expire or require rollover, and overnight financing can apply to positions.

The economic calendar and trading alerts can help users follow scheduled events, while market research and reports provide additional market information; Axi Academy covers trading fundamentals, with separate guides on MT4 and account rules. These resources are distinct from execution tools and do not establish the quality of any trading decision. Axi describes execution prices as capable of differing slightly in either direction from the submitted level; this is not an independently measured result.

A live account requires identity verification, and funding minimums and available methods vary by location and account. The payment table gives the listed routes and processing estimates; its method-specific requirements may affect which route is practical for an initial deposit or withdrawal.

Account Opening and Identity Verification

Applicants typically provide a passport, national identity card or driver's licence, plus a recent utility bill, bank statement or similar document showing their name and residential address. Axi says documents can be uploaded through its client portal or trading app. Electronic checks may complete in minutes, while a manual review may take 1–2 business days.

Deposit and Withdrawal Methods

Customer Support

Axi lists live chat, email, WhatsApp, phone or callback, and a help centre. Support is listed as available 24/7 in English, Polish, Spanish, Portuguese, French, Italian, Greek and Arabic. Published contact details include [email protected] and +44 203 544 9646.

The account decision is mainly whether spread-only Standard pricing or raw spreads with a separate commission better suits your trading; Pro and Premium list a recommended $100 opening amount, while Axi Elite lists $25,000. For automated strategies, the relevant distinction is execution on desktop MT4 or MT5 rather than browser or mobile terminals. Axi is not an option for UK retail clients seeking the listed crypto derivatives.

Axi vs Alternatives

Libertex1:999Maximum leverageDetailed Review Capital.com

• No inactivity fee
• No commission

Detailed Review AdmiralsStocks, ETFs, Bonds, Forex Pairs, Indices, Commodities, CryptocurrenciesDetailed Review CMC MarketsFCA, ASIC, BaFin, CIRO, MAS, FMADetailed Review

For a trader who does not need desktop automation, the deciding question is whether Axi's spread-and-commission account structure matches the intended trading style; for UK retail crypto traders, product access rules settle the choice.