Overview of Axi fees and charges
When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.
If fees are your top concern, Axi is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.
I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Axi fared:
- Axi charges low FX fees and average CFD fees.
- There is an inactivity fee if you don't trade for an extended period of time.
- The basic withdrawal fee is $0, but some transactions may cost more.
- Read our full review of Axi for info on safety, trading platforms and funding.
| Assets | Fee level | Fee terms |
|---|---|---|
| EURUSD | Low | Pro Account: $3.50 commission per lot per trade plus spread cost. 0.2 pips is the average spread cost during peak trading hours. |
| GBPUSD | Low | Pro Account: $3.50 commission per lot per trade plus spread cost. 0.6 pips is the average spread cost during peak trading hours. |
| S&P 500 CFD | Average | The fees are built into the spread, 0.5 points is the average spread cost during peak trading hours. |
| Inactivity fee | Low | $10 per month after one year of inactivity. Trading accounts with no trading activity in the past 2 years and with a zero balance will be closed. |
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76.3% of retail CFD accounts lose money
Low FX fees
For Pro accounts, there's a commission and a low spread cost. For Standard accounts, spreads are much wider.
|
commission per lot
|
3.50 | 3.50 | 3.50 |
|---|---|---|---|
|
EURUSD spread
|
0.2 | 0.1 | 0.1 |
|
GBPUSD spread
|
0.6 | 0.2 | 0.2 |
|
AUDUSD spread
|
0.4 | 0.2 | 0.3 |
|
EURCHF spread
|
0.3 | 0.4 | 0.9 |
|
EURGBP spread
|
0.5 | 0.2 | 0.3 |
Average CFD fees
|
S&P 500 index CFD fee
|
$3.5 | $3.6 | $2.8 |
|---|---|---|---|
|
Euro Stoxx 50 index CFD fee
|
$3.5 | $4.1 | $2.7 |
Low inactivity fee, no withdrawal fee
Axi charges no withdrawal, account, or deposit fees. However, it applies a $/€10 monthly inactivity fee on accounts that had no open trades for a period of at least 12 months. Trading accounts with no trading activity in the past 2 years and with a zero balance will be closed.
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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.
