Axi Overview
Axi, formerly known as AxiTrader, has been around since 2007 and has grown into a trusted global broker with clients across more than 100 countries. The company is headquartered in Australia and operates under multiple reputable regulators, including ASIC, FCA, CySEC, FMA, and DFSA. With over 220 tradable assets, Axi provides access to forex, shares, indices, commodities, cryptocurrencies, and IPOs.
One of Axi’s main attractions is its $0 minimum deposit, making it accessible to all traders. The broker also offers competitive trading conditions, with spreads starting from 0.0 pips on the Pro account and leverage up to 1:500. Orders are executed through ECN technology for faster and more direct market access.
Account Types
Axi provides three main account types, each catering to different levels of traders:
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Standard Account – $0 minimum deposit, spreads from 0.9 pips, no commission.
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Pro Account – Designed for active traders, spreads from 0.0 pips, $7 commission per round lot.
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Elite Account – For high-volume traders, minimum deposit $25,000, $3.5 commission per round lot, free VPS service.
Additionally, traders can open a Demo Account (30-day trial with $50,000 virtual balance) or an Islamic Account that complies with Sharia law.
Trading Platforms & Tools
Axi relies on the industry-standard MetaTrader 4 (MT4), available on PC, mobile, and WebTrader versions. Traders also have access to a Copy Trading App for mirroring professional strategies. Useful tools such as Autochartist, Myfxbook Autotrade, and MT4 VPS are also provided.
Funding & Withdrawals
Axi supports multiple payment methods, including bank transfers, credit/debit cards, Skrill, Neteller, Fasapay, and cryptocurrencies. The broker charges no internal fees for deposits or withdrawals, though banks may apply their own charges. Processing times vary depending on the method, with most electronic payments completed instantly.
Pros
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Strong regulation from ASIC, FCA, CySEC, FMA, DFSA.
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$0 minimum deposit entry.
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Wide range of trading instruments.
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Free demo and Islamic accounts available.
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Competitive spreads and fast execution.
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Advanced tools like Autochartist, VPS, and Copy Trading.
Cons
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Customer support operates 24/5, not 24/7.
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Elite account requires a high minimum deposit ($25,000).
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