Axi Review 2025 Forex Broker Pros and Cons

There are few brokers regulated in both the UK and Australia, both of which represent some of the more demanding compliance jurisdictions in the world, but Axi is one of them. Accordingly, residents in relevant geographies can anticipate services that are airtight in terms of safety. Additionally, in tandem with oversight from the Dubai DFSA, Axi ensures that traders from 150 countries can access the trading platform in a secure, compliant manner.

• All services are provided on an execution-only basis and no communication should be construed as a recommendation to buy, hold or sell any of the financial products issued by AxiCorp.
• Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
• Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
• Some clients have been disappointed with Axi due to service problems and a lack of proper communication.
• We found Axi has a good selection of Forex pairs for trading via MetaTrader 4 (MT4).

MAM/PAMM accounts

The broker goes beyond the basics, offering a diverse range of materials that cater to traders of all experience levels. The integration of third-party tools like Autochartist sets Axi apart from competitors who may only provide in-house resources. They have a simple-to-use forex trading platform, tight spreads (low fees) and an excellent training program. The forex broker is certified in Australia, which is critical due to the safeguards in place to protect currency traders. Experienced traders who prefer to use other trading platforms besides MT4 may find Axi less suitable for their needs.

Platforms & Tools

AxiCorp does not consider your financial objectives or personal circumstances. 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. If you have traded with Axi we would really like to know about your experience – please submit your own review. There is also no proprietary app to guide new traders, which may make the learning process more challenging. They provide step-by-step guidance on how to install and use the platform effectively. However, what you can’t get away from is that you have to sign up with the offshore entity – AxiTrader Limited, which isn’t authorized by a strong regulator.

• Axi charges a commission of USD 7 per lot round-turn with their Pro accounts.
• The company has clients in more than 150 countries and a Monday to Friday call centre.
• The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020.
• One of the most compelling aspects of Axi is their commitment to safety and reliability.
• These restrictions are put in place to ensure that the broker operates in accordance with local laws and to protect both the company and its clients from potential legal and financial risks.
• The forex trading platform is very clean, and all the charts and other trading tools are easy to find and use.

Axi Reviews 3,952

If you have experience trading with Axi please share your personal review of the broker and what you think are strong and weak points. Please note, some markets may only be available via CFDs or other derivatives. Additionally, Axi’s well-written blog regularly updates market insights, trading tips, and industry trends.

Before getting started, it’s essential to ensure that you meet the minimum requirements and have the necessary documentation ready. Please note that the information provided in this comparison table is based on the general features of the MT4 platform and may vary slightly based on the specific implementation by Axi. With these safeguards in place, traders can have peace of mind knowing their funds and personal information are secure while using the platform. The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020. In the same process, they also changed their existing website from axitrader.com to axi.com to match its efforts to revamp the AxiCorp brand. Axi (formerly AxiTrader) presents an interesting case with divergent popularity metrics.

Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Axi is a commendable option for beginners, thanks to its provision of beginner education videos and the lack of a minimum deposit requirement, making it accessible for new traders starting out. Axi takes the safety and security of its traders seriously, operating under strict regulatory oversight from well-respected authorities such as ASIC, FCA, DFSA, and VFSC.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.1% 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 How to Open an Account: A Step-by-Step Guide

He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Axi charges a commission of USD 7 per lot round-turn with their Pro accounts. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community.

All services are provided on axi forex broker an execution-only basis and no communication should be construed as a recommendation to buy, hold or sell any of the financial products issued by AxiCorp. 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. If you have an existing live account and need to download, update or reinstall the MetaTrader 4 platform, the latest version is available in the Client Portal. You can also Contact Axi via phone, email or live chat to request a download link. 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.

Account Deposit Methods

Axi also includes MT4 NextGen plugins for live account holders, offering advanced order management, sentiment trading tools, and additional analytics to complement the core platform. Axi also offers various online courses right from basic Forex introduction to in-depth market analysis. The broker offers several educational videos which the registered traders can watch free of charge and get enlightened. This means that in addition to classic currency pairs such as AUD / USD, GBP / USD and EUR / USD, there are also minor and exotic pairings. Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunities albeit with a more high risk.

What is the MACD indicator in trading and how to read/use it?

It didn’t though receive maximum scores simply because competitors such as Pepperstone and IC Markets offer additional platforms. We found Axi has a good selection of Forex pairs for trading via MetaTrader 4 (MT4). Axi only offers MT4, but with scalping and automation permitted and special add-ons for the platform, the broker allows you to make of the trading platform. Other appealing features of Axi include its wide range of base currencies for your trading account and extensive education library. Yes, Axi is considered a good choice for beginners due to its user-friendly trading platforms, educational resources, and responsive customer support. Some clients have been disappointed with Axi due to service problems and a lack of proper communication.

Over 60,000 former Axitrader clients with live accounts from over 100 countries have continued to trust Axi with their online trading operations. The educational centre offers chart tools that provide concise information on various commodities, equity indices and currency pairs. The FX charts offer in-depth information on various charts and provide a suitable interpretation of the various price fluctuations. In 2014, an Investment Trends report found that Axi forex broker had the strongest brand association as being ‘trustworthy’. This was backed up in 2017 when the Investment Trends Australian forex broker report gave it the highest overall client satisfaction. This could be attributed to the CFD broker being Australian owned, with an Australian customer support team.

The blog covers a mix of educational and market-related content, which helps bridge the gap between theory and practice. It offers clear definitions of key trading terms and concepts, which can often seem overwhelming. Axi provides informative daily market updates, an average blog with trading insights, and an integrated economic calendar for tracking key global events. The platform is compatible with Android and iOS devices and Mac and Windows systems (web or desktop), ensuring accessibility across various devices, with frequent updates to improve the trading environment.

With approximately 11,000 monthly Google searches, it ranks as the 52nd most popular forex broker in terms of search volume. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018. They will guide you through the process and help with any required paperwork.