Axi

Founded in 2007, AXI (AxiTrader previously) has gained popularity among traders engaged in scalping and auto trading thanks to the low spreads and fast execution speeds on offer. They also offer an excellent algo-trading service.

From their Australian roots, AXI has grown to now operate worldwide with 5 offices in locations around the globe.

Is Axi Regulated? Legit? Safe?

When it comes to regulation, Axi recognizes the importance of trusted regulation for traders. They act on this by providing well-respected regulatory oversight from three key bodies. The different entities of the broker are regulated by the following bodies depending on where you are located around the world.

Axi Limited (Axi) is regulated by SV (25417)
AxiCorp Financial Services Pty Ltd is regulated by ASIC (318232) and DFSA (F003742)
AxiCorp Limited is regulated by FCA (509746)

Axi is an Australian broker founded in 2007. Since that time they have grown to become a well-recognized presence in the industry and they now operate a total of 5 physical locations around the world. These offices are located in the following places: Sydney (Australia), Auckland (New Zealand), London (UK), Dubai (UAE), Kingstown (St. Vincent and Grenadines)

Solid regulation is not the only protective measure in place for traders at the broker. They also provide you with negative balance protection.

What platforms does AXI offer?

Axi MT4 Desktop Platform

Axi offers MT4 as a desktop platform to you as a trader. This is of course, one of the most respected and powerful trading platforms in the entire industry. It can also run on almost any device and has over 50 indicators and charting tools in places along with being a very easy to use platform. You will also benefit from the availability of EAs here that you can get from the trading community to implement, or code yourself. The platform can be run on both Mac and Windows devices.

Axi MT4 Webtrader Platform

MT4 is also available as the Webtrader platform with Axi. Here you can gain access to all of the same excellent features that you can on the desktop trading platform, but directly through your browser and without having to download anything. You can log in directly from the Axi website.

What are the AXI account types?

Compare the Standard, Pro, and Elite account types to uncover differences in live forex spreads and leverage. Discover access to advanced trading tools and unlock a host of benefits tailored to your needs.

Axi Standard Account

The first Axi account type available that you will note as being both available and popular, is the Axi Standard Account. This account type has no minimum deposit at all and provides an excellent and highly competitive spread for you to start trading of just 0.4 pips with no additional commission.

This will provide you access to more than 140 assets that can be traded as CFDs as well as a host of other benefits including use of a VPS, EAs through your trading platform, and a number of free charting analysis features.

Axi Pro Account

The next Axi account type available is the Pro account. This again features no minimum deposit with an even more competitive starting spread. This spread starts from 0 pips although there is a $7 per round turn commission on forex trading. This is still very competitive in comparison with other major brokers. Again you will have access to more than 140 tradable markets with the same range of great additional features.

Elite Account

VIP account for high volume traders looking for an extra edge.

Commission fees at $3.5 round trip, 50% less than standard accounts
Spreads from 0.0 pips
Leverage up to 500:1
Exclusive market analysis, free VPS & analytics tools

What is the AXI minimum deposit?

You will be very glad to hear that Axi does not require any kind of minimum deposit when you are opening an account. With that said, brokers typically recommend a deposit of at least $100-$200 in order to get the most out of the service.

What are the AXI deposit and withdrawal methods?

Pepperstone offers a variety of options for deposits and withdrawals, such as bank wire transfers, credit and debit card transactions (including Visa and Mastercard), ewallets like Neteller and Skrill, and various other localised methods.

Are there bonuses or promotional offers on AXI?

Unfortunately, AXI does not offer bonuses.

What assets can you trade on AXI?

Axi provides assets to meet the needs of professional traders, including Forex, CFDs, Spread Betting and Metals.

Is AXI good for scalping?

Scalping is permitted by Axi. This means if you are a scalper then the broker is an excellent choice thanks to the supportive environment, low spreads, and fast ECN execution.

In Which Countries is Axi not Available?

Axi offers its services to over 40,000 customers in more than 100 different countries. Even so, there are still a few places where they do not offer trading services. These banned countries are as follows: Central African Republic, Congo, DR Congo, Eritrea, Ethiopia, Guinea-Bissau, Ivory Coast, Liberia, Libya, Mauritius, Sierra Leone, Somalia, Southern Sudan, Sudan, Zimbabwe, Haiti, USA, Iran, Iraq, Israel, Japan, Kyrgyzstan, Syria, Yemen, Micronesia, New Zealand.