The safety dossier

Safety first

Axi review

Who regulates Axi, under which licence, and what that means for your money.

Last checked

Axi offers some protection if it fails and not all of it, which is the ordinary offshore trade-off: you gain leverage and lose the safety net. Regulated by ASIC (AFSL 318232); FCA (FRN 466201); New Zealand FMA (FSP 518226); DFSA, offering MetaTrader 4, MetaTrader 5, Axi Trading Platform.

Our rating

★★★★

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

Regulation and safety

Regulated by
ASIC (AFSL 318232); FCA (FRN 466201); New Zealand FMA (FSP 518226); DFSA
Regulator tier
Tier 1
Register entry
ASIC Professional Registers, AFSL 318232
Client money segregated
Yes
Held at
Regulated banking institutions
Negative balance protection
Yes, retail clients where required
Compensation scheme
FSCS up to £85,000 for eligible UK clients; no statutory investor compensation scheme under ASIC
Audited by
Independent external auditors
Not available to
United States and other jurisdictions where Axi products are prohibited or restricted

The licence is what decides where your money sits and who is obliged to do something about it.

Axi holds tier-one authorisations from ASIC, FCA and FMA. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

The DFSA regulates from the Dubai International Financial Centre, a separate legal jurisdiction from the wider UAE.

Check the licence yourself: ASIC Connect, the FCA Register, the New Zealand Financial Service Providers Register, the DFSA public register.

The company behind the brand

Legal entity
AxiCorp Financial Services Pty Ltd
Company number
ACN 127 606 348
Headquarters
Sydney, Australia
Founded
2007
Publicly listed
No
Parent company
Axi Group
Employees
300+
Also trades as
Axi; AxiTrader

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
0.0 pips, Pro
GBP/USD spread
Approx. 0.2 pips, Pro
Commission
US$2.25 per side / US$4.50 round turn, Pro
All-in cost, EUR/USD
Approx. 0.45 pips
Spread type
Variable
Overnight swap
Both: overnight swaps charged/credited; swap-free accounts available
Inactivity fee
$10/month after 12 months inactivity
Deposit fee
None internally
Withdrawal fee
None internally
Currency conversion
Currency conversion applies where account and transaction currencies differ

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Axi lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Platforms and tools

Platforms
MetaTrader 4, MetaTrader 5, Axi Trading Platform
Own platform
Yes, Axi Trading Platform
Mobile app
Both proprietary and third-party
Browser trading
Yes
Automated trading
Yes; MT4/MT5 Expert Advisors and automated trading
Copy trading
Yes, Axi Copy Trading
Indicators
100+ through TradingView; 30+ MT4; 38+ MT5
Third-party tools
TradingView, Autochartist, VPS, PsyQuation
API access
Yes, institutional/API connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Markets and execution

Markets
Forex, Shares, Indices, Commodities, Metals, ETFs, Cryptocurrencies, Futures
Currency pairs
70+
Total instruments
1,500+
Crypto CFDs
Yes
Maximum leverage
1:30
Execution model
Market execution / liquidity-provider aggregation
Execution speed
29ms
Order types
Market, limit, stop, stop-loss, take-profit, trailing stop
Servers
Co-located servers in major global financial data centres

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

Axi covers forex, shares, indices, commodities, metals, etfs, cryptocurrencies, futures. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, paypal and regional/local payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Accounts

Minimum deposit
$5
Account types
Standard, Pro, Elite, Premium, Cent, Islamic, Demo
Account currencies
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
Islamic account
Yes
Demo account
Yes
Professional account
Yes
Minimum trade size
0.01 lots
Time to open
Typically a few minutes

Deposits and withdrawals

Deposit methods
Visa, Mastercard, bank transfer, PayPal and regional/local payment methods
Withdrawal methods
Cards, bank transfer, PayPal and supported regional methods
Deposit time
Instant for cards, PayPal and selected electronic methods; bank transfer typically 2-3 business days
Withdrawal time
Instant for eligible card withdrawals; other methods vary by provider
Minimum withdrawal
$5
Local payment methods
PayPal; Waave and multiple region-specific payment methods

Support and education

Support hours
24/7
Contact channels
Live chat, email, support request, callback
Languages
10+ languages
Telephone
N/A
Email
success@axi.com
Live chat response
Typically under 2 minutes
Education
Extensive: Axi Academy, courses, tutorials, articles, ebooks, videos and trading guides
Research
Market analysis, Autochartist, technical/fundamental analysis, market news and trading tools

Information is regularly updated. Last compiled from Axi's own website on 26 August 2026.

Questions people ask about Axi

What happens to my money if Axi goes bust?

Axi sits behind FSCS up to £85,000 for eligible UK clients; no statutory investor compensation scheme under ASIC. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.

Is my money kept separate from Axi's own?

Yes. Axi holds client money in accounts kept apart from the firm's own. Segregation is what stops a broker's creditors reaching your balance if the firm fails, which is why it matters more than any headline spread. We do not hold the name of the bank it uses.

Can I lose more than I deposit with Axi?

Axi provides negative balance protection, recorded as yes, retail clients where required. So it exists and it does not reach every client, and which entity you were onboarded to decides whether it reaches you.