Summary

Recommended for forex traders familiar with the MetaTrader 4 platform

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74.6% of retail CFD accounts lose money

Axi (previously known as AxiTrader) is an Australian forex broker founded in 2007. The new brand "Axi" was launched in 2020.

Axi is regulated by multiple financial authorities worldwide, such as the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Dubai Financial Services Authority (DFSA). As such, Axi is considered safe because it is regulated by several top-tier authorities.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating
4.5
Fees
4.6
Account opening
4.4
Deposit and withdrawal
4.4
Trading platform
3.5
Markets and products
1.8
Research
3.0
Customer service
4.4
Education
4.5

Axi pros and cons

Axi has low forex fees, doesn't charge an inactivity fee and deposits and withdrawals are free of charge as well. The account opening process is smooth and fully digital.

The broker only has a small range of products, which are forex instruments and some CFDs. Customer support is available only 24/5, while research options are limited.

Pros Cons
Low forex fees and no inactivity fee Offers only forex and CFD trading
No withdrawal and deposit fees Limited research tools
Fully digital account opening 24/5 customer service
Axi main features and highlights
🗺️ Country of regulation UK, Australia, Dubai, St. Vincent and the Grenadines
💰 Trading fees class Low
💰 Inactivity fee charged No
💰 Withdrawal fee amount $0
💰 Minimum deposit $0
🕖 Time to open an account 1-3 days
💳 Deposit with bank card Available
👛 Depositing with electronic wallet Available
💱 Number of base currencies supported 11
🎮 Demo account provided Yes
🛍️ Products offered Forex, CFD, Crypto
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74.6% of retail CFD accounts lose money

Axi review
Fees

4.6
To find out more about its trading and non-trading fees, visit Axi
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Axi has low forex and CFD fees. Non-trading fees are also low, as no withdrawal or inactivity fees are charged.
Pros Cons
Low non-trading fees None
Low forex fees
Low CFD fees
Axi fees snapshot
Assets Fee level Fee terms
EURUSD Low Pro account pricing: $3.5 per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account pricing: $3.5 per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.9 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

How we ranked fees

We ranked Axi's fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let's go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

In the sections below, you will find the most relevant fees of Axi for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared Axi's fees with those of two similar brokers we selected, TMGM and Eightcap. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of Axi alternatives.

To have a clear overview of Axi, let's start with the trading fees.

Axi has low trading fees. There are two account types, each with cost structures. We tested the Pro account in this review, which has low spreads and commission fees. 

We know it's hard to compare trading fees for forex brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

We have chosen popular instruments in each asset class usually provided by forex brokers:

  • Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP
  • Stock index CFDs: SPX and EUSTX50

A typical trade means buying a leveraged product, holding it for one week and then selling. For the volume, we chose a $20,000 position for forex and a $2,000 position for stock index and stock CFD transactions. The leverage we used is:

  • 30:1 for forex
  • 20:1 for stock index CFDs

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for Axi's fees.

Forex fees

Forex fees at Axi are low, however, you can find similarly priced alternatives.

Axi forex benchmark fees of a $20,000 30:1 long position held for one week
  Axi TMGM Eightcap
EURUSD benchmark fee $4.9 $6.5 $6.1
GBPUSD benchmark fee $3.4 $4.7 $4.0
AUDUSD benchmark fee $3.4 $5.7 $4.8
EURCHF benchmark fee $1.5 $3.9 $4.3
EURGBP benchmark fee $4.7 $6.7 $6.7

For Pro accounts, there's a $3.5 charge per traded lot, and a much lower spread cost. For Standard accounts, spreads are much wider.

CFD fees

Axi has low CFD trading fees.

Axi CFD fees for a $2,000 long position held for one week
  Axi TMGM Eightcap
S&P 500 index CFD fee $1.6 $0.4 $2.0
Europe 50 index CFD fee $1.7 $0.8 $1.9

Non-trading fees

Axi has no non-trading fees. It charges no account, inactivity or withdrawal fees.

Axi non-trading fees
  Axi TMGM Eightcap
Account fee No No No
Inactivity fee No Yes No
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0

Axi review
Account opening

4.4
To experience the account opening process, visit Axi
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Account opening at Axi is user-friendly and fully digital, but it takes a bit longer than at similar online brokers.
Pros Cons
Fully digital Slower account opening time
No minimum deposit
User-friendly

Can you open an account?

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What is the minimum deposit at Axi?

Axi doesn't require a minimum deposit.

Account types

Axi differentiates its accounts based on two things: who owns them and what fee structure is applied.

Based on ownership, there are three types of accounts:

  • Individual - account is owned by an individual
  • Joint - account is owned by multiple individuals
  • Corporate - account is owned by a legal entity

Accounts can differ in fee structure, too:

  • Standard account - no commission fees, generally higher spreads 
  • Pro account - $7 round trip commission, generally lower spreads

There's also an option to open an Islamic account.

In this review, we have tested the individual Pro account

How to open your account

Creating an account is easy and fully digital, but it took 2 business days until our account was approved.

The steps of account opening at Axi are the following:

  1. Provide personal information, like your email address and country of residence
  2. Select the account type
  3. Answer a couple of questions that assess your level of understanding of trading
  4. Verify your identity and residency by uploading either a copy of your ID card, driver's license or passport, and uploading a copy of a recent utility bill or bank statement

AxiTrader review - Account opening

Axi review
Deposit and withdrawal

4.4
To find out more about the deposit and withdrawal process, visit Axi
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Axi charges no deposit or withdrawal fees. You can use bank card, bank transfer or e-wallets for deposits and withdrawals, but withdraw only to the same card/e-wallet you made the deposit from.
Pros Cons
Credit/Debit card available Some restrictions apply to withdrawals
Free withdrawal
No deposit fee

Account base currencies

At Axi, you can choose from 11 base currencies. These are the following:

Available base currencies at Axi
AUD CAD CHF EUR
GBP HKD JPY NZD
PLN SGD USD  
Base currencies at Axi vs similar brokers
  Axi TMGM Eightcap
Number of base currencies 11 6 7

Axi's base currency selection is great compared to competing brokers.

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Compare digital banks

Deposit fees and options

Axi charges no deposit fees. 

In addition to bank transfer, you can use credit/debit cards, broker-to-broker transfer and several electronic wallets, as detailed in the table below.

Alternative payment methods and currencies at Axi
Payment Method Currencies
Sofort EUR
GiroPay EUR
IDeal EUR
Fasapay IDR, USD
Neteller EUR, GBP, USD
Skrill AED, CAD, CHF, EUR, GBP, INR, SGD, USD
Polish Internet Banking PLN

Not all methods and currencies may be available for everyone; options may differ based on the client's residency. 

Axi deposit options
  Axi TMGM Eightcap
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes

A bank transfer can take several business days, while payments with a credit/debit card or electronic wallets are instant.

You can only deposit money from accounts that are in your name.

Axi review - Deposit and withdrawal - Deposit

Axi withdrawal fees and options

Axi charges no withdrawal fees and offers several method options for withdrawal. However, if your withdraw less than $50 Axi charges you a $25 administration fee (except if the withdrawal amount is your full balance). 

Axi withdrawal fees and options
  Axi TMGM Eightcap
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
Withdrawal fee $0 $0 $0

However, if you deposited with a debit/credit card you can only withdraw funds to the same card, and may be able to withdraw only up to the original deposited amount of funds back to the same card. In the case of electronic wallets as well, you can only withdraw to the same wallet you used for depositing.

How long does it take to withdraw money from Axi? We tested the bank transfer withdrawal and it took 2 business days.

How do you withdraw money from Axi? Just follow these steps:

  • Log in to the Client Portal.
  • Select 'Withdraw Funds'.
  • Choose the withdrawal method.
  • Add your bank account details, like IBAN and Swift code (if you haven't done it before).
  • Enter the amount you wish to withdraw.
  • Initiate the withdrawal.

Compare to other brokers

Axi review
Web trading platform

2.8
To try the web trading platform yourself, visit Axi
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The web trading platform of Axi (provided by MetaTrader) is highly customizable and has a clear fee report. On the other hand, its design is outdated and it lacks a two-step login and price alerts.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Axi platforms to choose from
Trading platform Score Available
Web 2.8 stars Yes
Mobile 3.8 stars Yes
Desktop 3.4 stars Yes

Axi does not have its own self-developed trading platform, it uses MetaTrader 4, a third-party platform. To access it, first, you have to log in to a completely redesigned client platform. The new layout is great, however, it can be really slow. There were times, when accessing certain menus took ages, with the whole page frozen, while loading.

MetaTrader 4 is available in an exceptionally large number of languages.

Axi web trading platform languages
Arabic Bulgarian Chinese Croatian Czech Danish
Dutch     English Estonian Finnish French German
Greek Hebrew Hindi Hungarian Indonesian Italian
Japanese Korean Latvian Lithuanian Malay Mongolian
Persian Polish Portuguese Romanian Russian Serbian
Slovak Slovenian Spanish Swedish Tajik Thai
Traditional Chinese Turkish Ukrainian Uzbek Vietnamese  

Look and feel

Axi's web trading platform has great customizability. You can easily change the size and the position of the tabs.

However, the platform feels outdated and some features are hard to find. For example, it took some time until we found how to add an asset to the watchlist.

AxiTrader review - Web trading platform

Login and security

Axi provides only a one-step login. A two-step authentication would be more secure.

You can't use a biometric login. Providing this feature would be more convenient.

Search functions

The search functions are average. You can find the assets in categories. However, we missed the usual search function, when you can type the asset's name manually.

AxiTrader review - Web trading platform - Search

Placing orders

You can use basic order types, but will not find more sophisticated ones, like 'one-cancels-the-other'. The following order types are available:

  • Market
  • Limit
  • Stop
  • Trailing Stop

Trailing Stop is available only in the MT4 desktop platform.

If you are not familiar with order types, read this overview.

There are also order time limits you can use:

  • Good 'til canceled (GTC)
  • Good 'til time (GTT)

AxiTrader review - Web trading platform - Order panel

Alerts and notifications

You can't set alerts and notifications on the Axi web trading platform. This feature is available only on the desktop trading platform.

Portfolio and fee reports

Axi has clear portfolio and fee reports. You can easily see your profit-loss balance and the commissions you paid. These reports can be found under the 'History' tab. We didn't find a way to download them. However, all your monthly financial statements are available to download at the Client Portal. You should click on 'Financial Statements' within the 'Trading Accounts' menu.

Axi sends your monthly financial statements automatically via email, too. 

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Axi review
Mobile trading platform

3.8
To try the mobile trading platform yourself, visit Axi
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Axi has a great mobile trading platform, offered by MetaTrader 4. It is well-designed and user-friendly, with a good search function. However, it lacks a safer login.
Pros Cons
User-friendly No two-step (safer) login
Good search function No Touch/Face ID login
Price alerts No order confirmation

Similarly to the web trading platform, Axi offers MetaTrader 4 as a mobile trading platform. MetaTrader 4 is available for both iOS and Android. We tested it on iOS.

After you download the MT4 mobile trading platform, you have to access the Axi-Live server. 

Just like at the web trading platform, you can choose from a lot of languages on the mobile trading platform too. Changing the language is a bit tricky on Android devices: you have to change the default language of your mobile.

AxiTrader mobile trading platform languages
Arabic Chinese (Simplified) Chinese(Traditional) Czech English
French German Greek Hindi Indonesian
Italian Japanese Korean Polish Portuguese
Portuguese (Brazil) Russian Spanish Thai Turkish
Ukrainian Vietnamese      

Look and feel

Axi has a great mobile trading platform, we really liked its design and user-friendliness. You will easily find all the features.

 

Axi review - Mobile trading platform

Login and security

Similarly to the web trading platform, Axi provides only a one-step login. A two-step login would be safer.

You can't use fingerprint or Face ID authentication. Providing this feature would be more convenient.

Search functions

The search functions are good. You can search for products easily by typing the name of the product or by navigating the category folders.Axi review - Mobile trading platform - Search

 

Axi review - Mobile trading platform - Order panel

Placing orders

You can use the same order types and order time limits as the ones on the web trading platform

 

Alerts and notifications

You can set alerts and notifications, although only via the desktop trading platform. It would be much easier, if you could set these notifications on the mobile trading platform itself.

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74.6% of retail CFD accounts lose money

Axi review
Desktop trading platform

3.4
To try the desktop trading platform yourself, visit Axi
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In design and functionality, Axi's MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts on it.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) Poor design
Price alerts Search function could be improved

Axi offers MetaTrader 4 as a desktop trading platform.

It has the same design, is available in the same languages, offers the same order types plus Trailing Stop, has the same search functions, and offers the same portfolio and fee reports as the web trading platform.

The major difference is that you can set alerts and notifications in the form of mobile push and email notifications on the desktop trading platform. To set them, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app's settings), by going to the 'Tools' menu and then 'Options'.

Axi review - Desktop trading platform

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Axi review
Markets and products

1.8
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Axi provides only forex and CFDs. Popular asset classes, like real stocks or ETFs, are not available.

Axi has a great selection of forex products. The stock index, commodity, and crypto CFD selection is average, while stock, ETF, and bond CFDs are not available.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Axi product selection
  Axi TMGM Eightcap
Currency pairs (#) 76 62 45
Stock index CFDs (#) 14 20 13
Stock CFDs (#) - 9,900 258
ETF CFDs (#) - - -
Commodity CFDs (#) 14 10 4
Bond CFDs (#) - - -
Cryptos (#) 5 5 11

FCA bans the sale of crypto-derivatives to UK retail consumers from 6 January 2021.

You cannot change leverage levels if you are under FCA jurisdiction. For European clients, it is a fixed 1:30. For clients under different entities, it could be changed. 

Changing the leverage is a very useful feature, when you want to lower the risk of your trade. We think this is something you should be in control of. Be careful with forex and CFD trading, as the preset leverage levels may be too high.

Axi offers a social trading service via Forex Trading Signals on the MT4 platform.

Axi review
Research

3.0
To check the available research tools and assets, visit Axi
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At Axi, you can use the research tools of the MetaTrader 4 platform, which has no trading ideas or fundamental data. As a plus, there are alternative web tools, like a great economic calendar.
Pros Cons
User-friendly No trading ideas
Great economic calendar No fundamental data available

Axi's research tools have two sources:

  • The MetaTrader trading platform
  • 'Markets Blog' on its website

MetaTrader tools are available in multiple languages.

Trading ideas

Axi does not provide trading ideas.

Fundamental data

Axi does not offer fundamental data.

Charting

Axi has averge charting tools. These charting tools can be found on the MetaTrader trading platforms. You can use 31 technical indicators and other technical tools, such as trendlines or Fibonacci retracement.

On the other hand, the design is outdated and some features are hard to use. For example, we had difficulty in finding how to remove an indicator from the chart.

AxiTrader review - Research - Charting

News feed

Axi has a news feed on its MetaTrader 4 platform. This is a great addition compared to similar CFD brokers. However, the news section lacks charts and other visual elements.

We liked the market analysis section, which can be found on the website under 'Markets Blog.'

An economic calendar is also provided with multiple filters, such as 'Country' or event 'Category'. All in all, nice touch. 

News are structured best on Axi's own site. The articles are of good quality and they are updated daily. 

Unfortunately, some articles are available only through the Australian and UK websites. If you are on the international website, you will only be able to access forex market analysis news and educational pieces. Also, the quantity of news differ from language to language - for example, news in Spanish only seems to be updated once a month.

AxiTrader review - Research - Charting

PsyQuation

Axi clients are provided a lifetime access of PsyQuotetiuon Premium. PsyQuotation is a AI driven analystics platform to help you discover strategies that would work on MT4. There are many tools to choose from - from 'Order Flow Sentiment Indicator Charts' to a 'Twitter vs Rates' tool, which shows how Twitter news affect symbol price changes. Below, you can see the tools and their short descriptions.

AxiTrader review - Research - PsyQuation tools

  • OFSI chart: shows the order flow sentiment indicator for multiple symbols
  • OFSI table: the indicator is showed in a table form instead of a chart
  • Intraday moves: you can check how closely related symbols are in their movements
  • Lot sizing & risk calculator: helps you to calculate the probability of reaching a particuler stop loss/take profit value
  • Price journey: shows symbols that save a large intraday move, with explanation on the event
  • Account benchmark: scores your trading account based on numerous criteria
  • MAE/MFE: helps your exit strategy with Maximum Adverse Excursion and Maximum Facourable Excursion
  • Symbols correlations: similar to 'Intraday moves', it helps you see the correlation between symbols' movement
  • Yearly price journey: comparative movement journey of a symbol return in comparison with others 
  • Lead lag: you can explore the lead/lag relationship visually between symbols
  • Twitter vs. rates: you can see how Twitter news affect symbol price changes
  • Yield curve analysis: you can examine the yield curve and spreads of differnet countries over time

AxiTrader review - Research - Price Journey tool

Compare research pros and cons

Axi review
Customer service

4.4
To find customer service contact information details, visit Axi
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Axi is reachable via phone, live chat and email. The answers are mostly relevant and quick. On the other hand, customer service is available only 24/5.
Pros Cons
Phone support No 24/7 support
Live chat
Fast response time

You can contact Axi via:

  • Live chat
  • Phone
  • Email

Axi has a fast live chat, an agent is connected almost immediately. However, we have mixed experiences with the relevancy of the answers. In one case our operator proceeded with another issue, not with our main question, plus there was also a time, when our operator gave false info on the fees of CFD indexes. On the other hand, in other cases we got relevant and accurate answers. 

Axi's phone support was average-speed and we got relevant answers. In all our tests, the operator was really helpful and gave us a broader context to our questions.

Via email, we received relevant answers in okayish speed.

We missed 24/7 availability. Axi's customer support is only a 24/5 service.

Axi review - Customer Service

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Axi review
Education

4.5
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Axi does a great job when it comes to education. You can use a demo account, watch high-quality educational videos and read great ebooks. On the other hand, not all contents are translated.
Pros Cons
Demo account Not all contents are translated
Trading platform tutorial
Educational videos

At Axi you can learn in the following ways:

  • Demo account
  • Platform tutorial videos
  • General educational videos
  • Quality educational articles
  • Ebooks

You can find the primary educational tools under the 'Learn to Trade' menu from the top of the front page. There are educational articles in 'Markes Blog' as well, which are up-to-date and well-written.

The general educational videos have great quality and cover a lot of topics, like trading psychology and forex trading. You can download multiple high-quality ebooks as well.

Under 'Learn to Trade', you can find 'Free Webinars & Seminars'.  At the time of our review, these were only scheduled for certain pages, like the Spanish one.AxiTrader review - Education

 

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Axi review
Safety

To find out more about safety and regulation, visit Axi
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Axi is regulated by a number of top-tier financial authorities. It is a well-established brand but it is not listed on any exchange and it doesn't hold a banking license.
Pros Cons
Majority of clients belong to a top-tier financial authority Does not hold a banking license
Negative balance protection Not listed on stock exchange
Financial information is not publicly available

Is Axi regulated?

Yes, it is regulated by a number of authorities and bodies throughout the world:

  • the Financial Conduct Authority (FCA)
  • the Australian Securities and Investments Commission (ASIC)
  • the Dubai Financial Services Authority (DFSA)
  • the Financial Service Authority of St. Vincent and the Grenadines (FSA)

Being regulated by a top-tier financial authority is a great sign for Axi safety. On the other hand, note that Axi's license has been suspended in New Zealand by the country's regulator, the Financial Markets Authority, since July 29, 2019. You can read more about the suspension here.

Axi is based in Australia and was founded in 2007. 

Is Axi safe?

To be certain, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

Protection matters for you because the investor protection amount and the regulator differ from entity to entity.

Axi legal entities
Country of clients Protection amount Regulator Legal entity
UK + European clients £85,000 Financial Conduct Authority (FCA) AxiCorp Limited

Australia + New Zealand

No protection Australian Securities and Investments Commission (ASIC) AxiCorp Financial Services Pty Ltd
Arab Emirates No protection Dubai Financial Services Authority (DFSA) AxiCorp Financial Services Pty Ltd
All other clients No protection Financial Service Authority of St. Vincent and the Grenadines (FSA) AxiTrader Limited

Axi provides negative balance protection for forex spot and CFD trading, but only for retail clients from the European Union. Professional and non-EU clients are not covered with any negative balance protection.

Background

Axi was established in 2007. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

Find your safe broker

Axi review
Bottom line

Visit Axi if you are looking for further details and information
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Axi is regulated by multiple authorities globally, like the UK's FCA and ASIC in Australia.

On the plus side, forex fees are low and no inactivity fee is charged. Deposits and withdrawals are also free of charge. Account opening is easy and fully digital, without any minimum deposit, which is also great.

AxiTrader has some drawbacks, though. Its product range is limited to FX and CFDs, and its research tools lack recommendations and fundamental data. In addition, customer support is only 24/5.

Feel free to try Axi, as the trading fees are low and there are no deposit, withdrawal or inactivity fees.

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Axi review
FAQ

We recommend Axi for forex traders familiar with the metatrader 4 platform.

Below you can find links to all aspects of Axi in this comprehensive collection.

Lower fees, lower costs?

We detailed this in our Axi fees article.

What about the minimum deposit?

Our ultimate guide to the Axi minimum deposit is updated regularly.

How to start your Axi account?

Look no further than our evaluation of the Axi account opening.

How's their trading app?

Here's our expert view after checking the Axi trading app.

Is the quality of customer service satisfactory?

All you need to know about the Axi customer service.

Legit or scam?

Is Axi legit features all the key aspects you need to look at to see if a broker is safe and legit.

Free or premium? Or both?

A glance at actual costs and whether Axi is really free.

Is this broker good for beginners?

We checked it in Is Axi good for beginners.

Should you buy your silver bullets on Axi?

Research for silver bugs in the Silver buy on Axi guide

I want to trade options, are they available at Axi?

We explored the topic in Can you trade options on Axi?

What is the minimum account balance at Axi?

Check out the current account balance requirements at Axi in our What is the minimum account balance at Axi article.

Looking for commission and fees data for Axi?

We collected them in Axi commission and fees.

How do you withdraw money from Axi?

We tested it and collected the options and costs in How to withdraw money on Axi.

Author of this review

Bence András Rózsa

Author of this review

Bence’s purpose is to help you to understand the logic behind financial services. In his master’s studies, he specialised in business economy and finance to be able to give you a clear picture of the brokerage world. Having reviewed multiple brokers and robo-advisor services, his goal will always be to guide you in the world of investing as it is.

Bence András Rózsa

Broker Analyst

Bence’s purpose is to help you to understand the logic behind financial services. In his master’s studies, he specialised in business economy and finance to be able to give you a clear picture of the brokerage world. Having reviewed multiple brokers and robo-advisor services, his goal will always be to guide you in the world of investing as it is.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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74.6% of retail CFD accounts lose money
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