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Axi fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: ASIC (AFSL 318232); FCA (FRN 466201); New Zealand FMA (FSP 518226); DFSA. How Axi is regulated

Facts last checked . Read the full Axi review.

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

What this means

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.

Questions about Axi fees

Does Axi charge to deposit or withdraw?

Deposit fees at Axi: None internally. Withdrawal fees: None internally.

Does Axi charge an inactivity fee?

Axi's inactivity fee is recorded as $10/month after 12 months inactivity.

What does Axi charge to hold a position overnight?

Overnight financing at Axi is recorded as both: overnight swaps charged/credited; swap-free accounts available.

Fees at brokers under the same regulator

More about Axi