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Axi Review 2026

Forex BrokerAustralia
3.9Very Good
#25 RankedHow we rate

Axi is a forex and CFD broker founded in Australia in 2007, regulated by the FCA and ASIC, though its Australian license was once suspended by regulators.

ASIC RegulatedFCA RegulatedMT4 Specialist

Min Deposit

$0

Spreads From

0.0 pips

Max Leverage

1:30

Platforms

2

Overall Rating

3.9

Very Good

Regulated by ASIC (Australia)

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Regulated by both the FCA in the UK and ASIC in Australia
  • No minimum deposit needed to open a Standard or Pro account
  • Pro account spreads start from 0.0 pips on MetaTrader 4 and 5
  • No inactivity fee charged during an account's first year
  • Won several industry awards in 2025, including Most Innovative Broker

Cons

  • ASIC suspended AxiCorp's Australian license in 2020 over compliance gaps
  • Trustpilot reviewers report slow withdrawals and extra ID checks
  • No cTrader or native TradingView access, only MetaTrader tools
  • Educational content is thin next to research heavy competitors
  • Some Axi Select funded traders report accounts closed with little warning
  • Solaris EMEA Ltd's own CySEC filing shows about 68 percent of retail clients lose money
  • Its Saint Vincent entity offers 1:1000 leverage with only company registration, not real regulation
About Axi

Axi started in 2007 as AxiTrader, a small forex startup in Sydney, Australia. It grew into a global broker with offices in London, Dubai, and Cyprus. In 2020, ASIC suspended AxiCorp's Australian license for four months over client money and reporting failures. A tribunal paused the suspension, and ASIC later replaced it with new license conditions in 2021.

Axi offers CFDs on forex, indices, commodities, shares, and crypto through MetaTrader 4 and MetaTrader 5, plus its own mobile app. There is no cTrader or TradingView option. The Pro account offers spreads from 0.0 pips plus a commission near $4.50 per lot, while the Standard account has no commission with spreads from 0.6 pips.

On Trustpilot, Axi scores near 4.1 out of 5 from over 7,000 reviews, and about 12 percent leave just 1 star. A common complaint is a slow withdrawal tied to extra identity checks. Axi holds real FCA and ASIC licenses, so genuine oversight exists, but the 2020 suspension shows real gaps once existed.

Key Facts

Max Leverage

1:30 for UK and EU retail clients, up to 1:500 for CySEC professional clients, up to 1:1000 through its Saint Vincent entity

Spreads From

0.0 pips (Pro account, plus commission)

Platforms

MetaTrader 4MetaTrader 5Axi mobile app
Regulation & Safety
FCA (UK) — 466201ASIC (Australia) — 318232CySEC (Cyprus) — 433/23DFSA (UAE) — F003742FMA (New Zealand) — FSP518226VFSC (Vanuatu) — 700425
Frequently Asked Questions

Full Axi Review

Axi (formerly AxiTrader) is a globally operating broker founded in 2007 and regulated by ASIC in Australia and FCA in the UK. With over 60,000 active traders across 100+ countries, Axi has built a reputation for providing institutional-grade trading conditions to retail clients.

The broker specialises in MetaTrader 4 trading, offering deep integration with MT4 including a proprietary suite of tools — Axi Select, PsyQuation, and a Strategy Centre — that give traders access to advanced analytics, performance coaching, and automated trading strategies.

Axi offers a streamlined product range focused on quality over quantity, with 130+ instruments across forex pairs, commodities, indices, cryptocurrencies, and shares. The broker's Raw account provides spreads from 0.0 pips with competitive commissions, while the Standard account is commission-free. Axi consistently ranks highly in independent broker reviews for overall trading conditions.

Account Types
Most Popular

Standard

Min Deposit$0
Spreads1.0 pips

Pro

Min Deposit$5,000
Spreads0.0 pips
Commission$7/lot
ForexCommoditiesIndicesCryptoShares

70+ currency pairs available for trading

Frequently Asked Questions

Yes, Axi is regulated by ASIC (Australia), FCA (UK), and DFSA (Dubai).

Axi specialises in MetaTrader 4 (MT4) with a suite of proprietary tools including PsyQuation performance analytics and Axi Select.
Score Breakdown4.3/5
Trust & Safety
4.5/5

Regulation, fund safety, track record

Trading Conditions
4.4/5

Spreads, execution, leverage

Platforms & Tools
4.2/5

Platform quality, charting, features

Research & Education
4.2/5

Analysis, webinars, learning materials

Customer Service
4.3/5

Support quality, responsiveness

Mobile Trading
4.1/5

Mobile app quality, features

Quick Facts
Min Deposit
$0
Spreads From
0.0 pips
Max Leverage (Retail)
1:30
Headquarters
Sydney, Australia
Founded
2007
Currency Pairs
70+
Commission
From $7/lot (Pro)
Withdrawal Time
1–2 business days

Regulators

ASIC (Australia)FCA (UK)DFSA (Dubai)FSA (St Vincent)

Platforms

MetaTrader 4Axi Mobile App
Trading Platforms
MetaTrader 4Axi Mobile App
Regulation
  • ASIC (Australia)
  • FCA (UK)
  • DFSA (Dubai)
  • FSA (St Vincent)
Not Available In
USACanada
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