This profile is built from public sources. Each licence row below shows whether our team has checked it against the regulator's register yet. Always confirm on the register yourself before you deposit.
Axi, formerly AxiTrader, is an Australian MetaTrader specialist with ASIC, FCA and DFSA licences and no minimum deposit.
Serving you from: AxiTrader Limited — SVG FSA #25417 BC 2019 Registration only
Strengths
- ASIC, FCA and DFSA licences in the group
- No minimum deposit
- Raw-spread Pro account
Weaknesses
- MetaTrader only
- International clients are onboarded through St Vincent, which does not regulate forex
- Limited product range
Best for: MetaTrader users who want an Australian or UK regulated account.
Key facts
- Founded
- 2007
- Headquarters
- Australia
- Publicly listed
- No
- Group regulators
- ASIC, FCA, DFSA, SVG FSA
- Min. deposit
- $0
- Platforms
- MetaTrader 4, MetaTrader 5
- Execution
- STP, ECN
- Copy trading
- Yes
- Islamic account
- Yes
- Demo account
- Yes
Regulation and legal entities
A broker brand is usually several companies. The one you open an account with decides your leverage limit, whether you have negative balance protection, and which compensation scheme, if any, covers you.
| Legal entity | Regulator | Licence no. | Max. leverage | Our check |
|---|---|---|---|---|
| AxiCorp Financial Services Pty Ltd Australia | ASIC Tier 1 | 318232 | 1:30 | Not yet verified by us Open register |
| Axi Financial Services (UK) Ltd United Kingdom · FSCS up to £85,000 | FCA Tier 1 | 466201 | 1:30 | Not yet verified by us Open register |
| AxiCorp Limited United Arab Emirates | DFSA Tier 2 | F003742 | Varies | Not yet verified by us Open register |
| AxiTrader Limited St Vincent and the Grenadines | SVG FSA Registration only | 25417 BC 2019 | Varies | Not yet verified by us Open register |
Accounts and fees
| Account | Pricing | EUR/USD spread from (advertised) | Commission per lot, round turn | Min. deposit |
|---|---|---|---|---|
| Standard | Spread only | 0.9 pips | — | $0 |
| Pro | Raw spread + commission | 0.0 pips | $7.00 | $0 |
Figures in this table are the broker's own advertised conditions, not our measurements. Advertised “from” spreads are best-case values.
Spreads we measured
We have not measured live spreads for this broker yet. Until we do, cost does not count towards its rating.
Platforms and execution
Axi offers MetaTrader 4, MetaTrader 5. Execution model as described by the broker: STP, ECN.
Deposits and withdrawals
We have not run our own deposit and withdrawal test with this broker yet. When we do, the log appears here with dates and times.
Country availability
Pick your country at the top of the page to see which Axi entity would serve you.
Not accepted, according to the broker: United States.
Alternatives with a shared regulator
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| CMC Markets Since 1989 · LSE: CMCX | 91/99 | FCA #173730 CMC Markets UK plc | $0 | Own platform, MetaTrader 4, TradingView | Review Visit CMC MarketsOfficial site · we earn no commission here |
| Interactive Brokers Since 1978 · NASDAQ: IBKR | 91/99 | CFTC/NFA #0258600 Interactive Brokers LLC | $0 | Own platform, TradingView | Review Visit Interactive BrokersOfficial site · we earn no commission here |
| City Index Since 1983 · NASDAQ: SNEX (parent) | 89/99 | FCA #446717 StoneX Financial Ltd | — | Own platform, MetaTrader 4, TradingView | Review Visit City IndexOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
Frequently asked questions
Is Axi regulated?
Axi operates through 4 legal entities in our database, holding licences or registrations with: ASIC, FCA, DFSA, SVG FSA. Which entity you sign up with depends on where you live, and so does the protection you get. Check the licence number on the regulator's own register before you deposit.
What is the minimum deposit at Axi?
Axi advertises a minimum first deposit of $0 on its entry-level account. The amount can differ by entity, account type and payment method.
Which trading platforms does Axi offer?
Axi offers: MetaTrader 4, MetaTrader 5. Platform availability can vary between its entities.
Is Axi a safe broker?
No broker is risk-free. Our Global Trust Score for Axi is 36 out of 99. The score reflects the regulator tier of the entity that serves you, the group's other licences, company structure and track record. It says nothing about whether trading will be profitable for you.