Axi provides MetaTrader 4, MetaTrader 5 and its own platform with Standard and commission-based accounts, with international clients contracting with an entity registered in St Vincent and the Grenadines (SVG).
Spreads from
0.68 pips
Commission
$0 (spread-only)
Min deposit
$0
Established
2007
Regulated by
FCA · ASIC · DFSA · CySEC
Written byLaverlane Team·Updated26 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
Axi holds Tier 1 licences through its UK (FCA) and Australian (ASIC) entities and a CySEC licence for EU clients, while international clients are routed to an offshore SVG entity.
AxiCorp Financial Services Pty Ltd holds an ASIC licence, Axi Financial Services (UK) Limited is FCA authorised (FRN 466201), Solaris EMEA Limited is CySEC licensed (433/23) and a DFSA-regulated branch operates in Dubai. International clients contract with AxiTrader LLC, incorporated in St Vincent and the Grenadines under number 4303 LLC 2025. Axi describes this as registration with the local Financial Services Authority, which is not a financial licence.
That means if you trade as an international client, no top-tier regulator oversees your account, although AxiTrader LLC is a member of the Financial Commission, a dispute resolution body. The FCA register also lists clone firms using the Axi name, so check any contact against the official Axi website.
Key facts
Axi was founded in Sydney in 2007 and, as at October 2026, says it serves clients in more than 100 countries.
Client-facing entity
AxiTrader LLC
Regulators
FCA, ASIC, DFSA, CySEC
Restricted countries
AU, NZ
Negative-balance protection
no
Minimum deposit
$0
Max leverage (UK/EU retail)
1:30
Max leverage (offshore entity)
1:1000
Max leverage (offshore entity)
1:200
Max leverage (offshore entity)
1:33
Typical EUR/USD spread
0.68 pips
Platforms
MT4, MT5, Proprietary
Account currencies
USD, EUR, GBP, AUD, CAD
Established in 2007, Axi has grown into a global trading brand with offices in nine locations. It rebranded from AxiTrader to Axi in the early 2020s.
Best for
Pros & cons
Fund safety
Client fund safety depends on the contracting entity assigned at registration.
Axi states that clients trading under its SVG licence are not covered by negative balance protection and remain liable for all losses and outstanding amounts. Offshore accounts also lack a compensation scheme, leaving international clients exposed to counterparty risk.
Account terms
Account terms include counterparty dealing and an inactivity fee schedule.
Axi acts as the counterparty to CFD trades and determines the buy and sell prices on its platforms. Accounts with no trading activity and no open positions for 12 months may be charged an inactivity fee monthly. According to Axi's Product Schedule, the fee is set in your account currency and is $10 on a USD account.
Costs
Trading costs combine variable spreads with commission on Premium and Elite accounts.
Standard accounts average spreads from 0.68 pips on EUR/USD with no commission, while Premium accounts start from 0 pips with a $4.50 round-turn commission per lot (one charge covers opening and closing the trade) and Elite accounts $3.50. Swap-free accounts are not charged interest-based swaps, but Axi applies a fixed overnight holding fee instead.
Gold averages 16 cents on Standard and 9 cents on Premium accounts. Swap rates for each instrument are not published on the website and are shown in the Swap field on MT4 and MT5.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 0.68 | pips |
| GBP/USD | Forex CFD | 0.8 | pips |
| USD/JPY | Forex CFD | 0.7 | pips |
| XAU/USD (Gold) | Commodity CFD | 0.16 | $ / oz |
| BTC/USD | Crypto CFD | 12 | $ |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
Market coverage spans forex, indices, commodities, shares, ETFs and crypto CFDs.
Forex CFD
69 pairs
Index CFD
29 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
1000 shares
Crypto CFD
Available ✓ · Weekend trading ✓
Real ownership: Stocks / ETFs
N/A for this broker, CFDs only
Axi lists around 69 forex pairs, 29 indices, around 16 commodities including gold, silver, oil and coffee, more than 1,000 share CFDs across the US, UK, Europe, Dubai, Hong Kong and Japan (mostly on MT5), over 130 ETF CFDs and 30 crypto CFDs that trade around the clock.
CFDs don't give you ownership of the underlying asset. Axi's website also lists spot crypto and crypto perpetual futures on the Axi Trading Platform, but availability depends on where you live, so check eligibility before relying on them.
Platforms
Platform options include MetaTrader 4, MetaTrader 5 and the proprietary Axi Trading Platform.
Axi supports MetaTrader 4 and MetaTrader 5 with Expert Advisors, alongside its proprietary Axi Trading Platform and a copy trading app. MT4 and MT5 accounts liquidate at a 20% margin level, while the Axi Trading Platform closes positions below 50%.
Execution
Axi deals as the counterparty to CFD trades.
Axi states it is the counterparty to CFD trades and sets the buy and sell prices on its platforms. It does not publish execution statistics, so slippage frequency cannot be benchmarked before live trading.
Axi says slippage (getting filled at a different price from the one you saw) can go either way, and it doesn't describe a requote policy (what happens when your order price is rejected and a new one is offered). You can set a deviation tolerance in MT4/MT5 or use limit orders to control your fill price.
Leverage
Leverage varies by region and instrument, up to 1:1000 offshore.
International clients can use up to 1:1000 on forex, gold and silver, 1:200 on indices and crypto CFDs and about 1:33 on shares depending on region. UK and EU retail clients are limited to 1:30.
High leverage amplifies margin risks for undercapitalised traders.
Account types
Axi offers Standard, Premium and Elite accounts, plus swap-free options.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Standard | $0 | Spread-only | Variable swap rates apply | From 0.68 pips · Variable | Yes | Yes |
| Premium | $0 | $4.5 per lot round-turn | Variable swap rates apply | From 0 pips · Variable | Yes | Yes |
| Elite | $25000 | $3.5 per lot round-turn | Variable swap rates apply | From 0 pips · Variable | Yes | Yes |
Standard has no commission and a recommended deposit of $100, Premium adds raw spreads with $4.50 round-turn commission, and Elite has a recommended deposit of $25,000 with $3.50 commission. Swap-free accounts are available for traders who avoid interest.
Funding
Deposit and withdrawal operations support cards, bank transfers, e-wallets, local payments and crypto.
Bank transfers are free, and card and other deposit methods are free up to $50,000 a month, then 3.0%. Withdrawals are free above $50 or for a full balance, otherwise a $25 administration fee may apply. Withdrawals are processed within 24 to 48 hours, then arrive instantly by card, e-wallet or crypto or in two to five business days by bank transfer.
Funding scores highly for free bank-transfer deposits and a wide choice of methods, but a $25 fee may apply to withdrawals below $50, deposits above $50,000 a month cost 3.0%, and Axi takes 24 to 48 hours to process requests.
Support
Support runs 24/7 in English, with other languages on set schedules.
Axi offers English support 24/7 by live chat, WhatsApp, help centre requests and email, with Chinese, Thai, Japanese, Spanish, Portuguese, Vietnamese, French, Italian, Greek, Arabic and Polish during set hours.
Availability
Geographic availability depends on regional registration rules and local laws.
The international website is not intended for residents of Australia and New Zealand, who are served separately or not at all. Global clients join through AxiTrader LLC subject to local eligibility laws.
AxiTrader LLC may not be licensed to serve clients in your country. Sending money abroad to a provider that is not licensed where you live can leave you with limited legal recourse, so check what protections apply before you deposit.
Verdict
Axi offers MetaTrader and proprietary platform trading with competitive spreads on its Standard account, but international clients face significant counterparty exposure through an SVG-registered entity with no negative balance protection or compensation scheme.
Axi is right for you if you prioritise high leverage and MetaTrader EA trading over statutory investor compensation schemes.
If you like MT4 and MT5 tools and flexible account sizes, you'll find Axi practical, as long as you're happy to manage the counterparty risk yourself.
FAQ
Axi is an online CFD broker offering trading services across foreign exchange, indices, commodities, shares, ETFs and crypto. Account holders trade contracts for difference on MetaTrader 4, MetaTrader 5 and the Axi Trading Platform. International clients contract with AxiTrader LLC, which is registered in St Vincent and the Grenadines.
Axi was founded in Sydney, Australia in 2007 and rebranded from AxiTrader to Axi in the early 2020s. As at October 2026, Axi's website says it serves clients in more than 100 countries. International operations run through AxiTrader LLC for clients outside regulated regions.
Axi aims to process withdrawal requests within 24 to 48 hours of receipt. Its Product Schedule says requests are processed on business days, so one sent at the weekend may wait until Monday. After processing, crypto, card and e-wallet payments are usually instant, while international bank transfers take two to five business days and card refunds take between three and seven business days, according to Axi's own documents.
Axi does not set a required minimum to open a Standard account and recommends $100, while individual payment methods start from about $5 for cards, Skrill and Neteller. The Elite account recommends $25,000.
AxiCorp Financial Services Pty Ltd holds ASIC licence 318232, Axi Financial Services (UK) Limited holds FCA reference 466201 and Solaris EMEA Limited is CySEC licensed (433/23), but these entities are not open to international clients. International clients contract with AxiTrader LLC in St Vincent and the Grenadines, which is only registered locally (not a financial licence), has no statutory compensation scheme, and Axi states that clients trading under it are not covered by negative balance protection.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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