BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Overall, our team of experts at BestBrokers believes that Axi may be a good choice for axi review both beginners and professional traders who are looking to trade with fair and favorable trading conditions. At BestBrokers, we recommend that traders only transact with well-regulated online brokers, and Axi is one such broker.
Despite covering several major CFD markets, the broker does not offer CFDs on options, interest rates, and other more complex instruments that are designed for professional traders in particular. Apart from Forex trading, Axi allows traders to buy and sell over 290 financial instruments across different asset classes, although the market range may vary from one regulated entity to the next. Note that Axi currently offers its proprietary platform to traders who have registered with its international entity, regulated by the FSA. Axi customers can conveniently access a wide range of financial assets directly from their mobile devices using the broker’s intuitive trading app.
TouchControl: Fast and Easy System Operation
You may also deposit and withdraw at any time, with zero commissions on the Standard account, and enjoy super competitive spreads with ultra-fast execution speed. Although Axi offers access to multiple markets, it still falls short compared to some of its major competitors like IG and IC Markets. The platform is also available as an app, which is available in the Google Play and Apple’s App stores. The MT4 mobile app is designed to effortlessly narrow down the full functionality of the desktop platform into the small smartphone screens. This tool enables Axi clients to copy the trades of experienced signal providers and replicate their positions. Offering more than 290 instruments, the Axi App grants access to markets like forex, commodities, stocks, indices, and more.
Overall on Fees
After filling in the account creation forms and uploading the relevant documents, you will have to wait until the broker verifies your account. The entire procedure took us less than 10 minutes, while our live account was verified within 24 hours. In the event of the broker’s insolvency, clients are eligible for compensation of up to £85,000 in the UK or €20,000 within the EU. Note that Axi does not accept clients from certain countries, including the United States, Belgium, and Ontario. In 2025, the broker triumphed at the Global Business and Finance Magazine Awards, winning three trophies, including Best Financial Institution in the UK, Latin America, and the Middle East. In 2020 alone (FY20), the broker recorded over $2.5 trillion worth of trades.
Get started with the Axi Select glossary
- BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist.
- The platform also features real-time market depth data and an integrated economic calendar.
- Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.
- MetaTrader 4 is the smart choice for online traders looking to hone their trading edge.
- Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
Your Edge score is used to assess your funding eligibility; the higher the score the more funding you are eligible to receive as you progress through the trading program. It uses highly advanced analytics to assess your trading decisions and to help you identify areas of improvement in your trading. Performance in the Axi Select program is measured with a personalised ‘Edge score’, a numerical representation that grants you a comprehensive and distinctive insight into your trading abilities.
The broker offers various live trading account options, but some of their features overlap. The broker offers some of the best trading conditions to beginners and experienced traders, as well as high volume traders. However, it should be noted that there might be additional conversion fees if deposits are made in a currency different than the one used for your live Axi trading account. The broker charges zero commissions for trading index CFDs and offers competitive spreads that start from 0.2 points.
- Compare the Standard, Pro, and Elite account type.Discover access to advanced trading tools and unlock a host of benefits tailored to your needs.
- While still unavailable to all Axi clients, the broker’s proprietary platform is one of its newest trading solutions.
- AxiTrader is not a financial adviser and all services are provided on an execution only basis.
- Axi offers over 100 stocks from the UK, US, Europe, and Hong Kong, including blue-chip companies like Tesla, Walt Disney, Meta, and Microsoft.
The world’s best trading platform, made even better
For the Basic VPS edition, Axi will cover up to $34.99 of the monthly fee if you trade more than 20 lots in a calendar month. One of Axi’s VPS partners is ForexVPS, which offers state-of-the-art SSD drives located in New York. VPS hosting ensures fast execution and no downtime by making sure you can trade 24 hours a day. This simple approach results in faster execution, more accurate pricing, and minimal slippage.
Index CFDs
Axi offers a good selection of learning resources to help traders make knowledgeable trading decisions. You can open both demo and live accounts on the Axi app and trade with whichever trading conditions fit your trading style the best. The broker provides EU traders with the popular MT4 trading platform, while MetaTrader 5 is available at the international division registered in Saint Vincent and the Grenadines. While the Elite account offers lower commissions, it is available only to high-volume traders who can afford significantly larger positions. Axi clients who open Elite accounts, however, enjoy even better trading conditions as the commission charged per standard lot is $1.75 per side and $3.50 in both directions.
Trading Platforms
We’ve put together some useful videos to walk you through the ins and outs of our MT4 platform. MT4 NexGen provides you with enhanced ordering, sentiment trading and management tools. Full of features and optimised for lightweight web-based performance, WebTrader gives you perfect functionality with the flexibility to trade using any internet browser, on any device. Discover how to enhance your MT4 trading experience with our range of advanced tools and analytics.
While new traders can use it to test the broker’s platforms before committing real cash, experienced traders can use it to test their trading strategies before implementing them on the live trading accounts. The online broker offers traders access to various financial assets using innovative trading platforms. Axi allows traders to use the world’s most popular trading platform, MT4, to trade over 290 financial markets. Axi is pleased to offer a trading account designed for those who prefer a financial approach aligned with Islamic principles, featuring no swap fees or interest payments.
With different banking solutions available to Axi clients, some traders can deposit in their local currencies. Axi believes that traditional ECN connections are too slow for today’s traders as the layers of networks, cables, firewalls, and third-party platforms only add latency which costs the trader. Supported by the reliable MT4 and MT5 trading platforms, Axi ensures your trades are executed with exceptional speed.
It offers some of the industry’s leading trading conditions, such as ultra-low spreads from 0.0 pips, high liquidity, flexible leverage, and more. As many as 72% of all reviewers are satisfied with the broker’s services, assigning 5-star ratings. In this review, we will pay attention to the critical aspects of Axi, which you should consider before deciding whether to trade with this online brokerage. AxiTrader LLC is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. AxiTrader is not a financial adviser and all services are provided on an execution only basis.
However, Axi does not hold a license from the Commodity Futures Trading Commission (CFTC), meaning it is unable to offer its services to citizens or residents of the United States. Axi operates under stringent regulations from top-tier authorities such as ASIC and the FCA, which provide a strong regulatory foundation for the broker. Both the FCA and CySEC require Axi’s participation in their respective investor compensation schemes, providing protection to UK and EU clients. The broker has grown to become a multinational retail firm with offices located in the United Kingdom, Australia, South Africa, and Saint Vincent and the Grenadines. Axi was launched in 2007 as an Australian-based financial service provider.
Demo Account
Finally, let us compare the average spreads for Axi’s Standard account with those other major brokerages offer on the most actively traded Forex pairs. Axi also offers a swap-free account type for clients of the Muslim faith who do not want to earn or pay interest. When your trading account is verified, you can fund it using any of the payment methods available on the broker’s website. It has bagged several industry awards for providing satisfactory trading services to over 60,000 loyal clients in 100+ countries. Axi is a reputable online Forex and CFD broker that provides a choice of over 290 trading instruments across multiple asset classes, including currencies, commodities, indices, equities, and stocks.
The platform also features real-time market depth data and an integrated economic calendar. Users benefit from a vast range of technical analysis tools, including 38 built-in indicators, 44 graphical objects, and 21 timeframes, allowing for precise market evaluation and strategy development. Let’s suppose we open a position of one standard lot in EUR/USD where a price fluctuation of one pip equals $10. For instance, both Standard and Pro accounts support AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, and USD as base currencies.
How do I join Axi Select ?
Traders who are looking to profit from some of the world’s most popular stocks can consider trading stock CFDs with Axi. Cash indices and some commodities may be traded as Futures CFDs, further improving the diversity at Axi. Axi provides access to many markets, featuring over 290 tradable CFDs across different asset classes. Trading Forex with Axi gives you several advantages, including security and negative balance protection.
As a trader, you will always consider a broker’s trading fees and other costs before deciding whether to trade with them. When you complete a live or demo application and create an account, you will be sent a link to download the platform on your preferred computer or device. Axi offers free download and installation of the leading MetaTrader 4 (MT4) trading platform across most major devices and operating systems including Windows, Mac, iPhone/iPad and Android, as well as the browser based WebTrader platform. Standard trading fees and minimum deposit apply. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.
