AXI Logo

Regulated

Score

6.8

Axi

Australia flag

Australia

15-20 years, Environment B, Regulated in Australia, MT4/5 Full License

Score

6.8

Regulation

7

License

6

Image

Business

7

Software

Risk Control

7

6.8

Scam

Licenses

Australia flag ASIC Regulated
Australia -

Basic Information

Registered Region

Australia flag

Australia

Contact Number

Operating Period

15-20 years

Company Website

https://www.axi.com/

AXI Information: 

Axi (formerly AxiTrader) was founded in 2007, and has since expanded its presence to include offices in other regions, including Latin America, Asia, and the Middle East. Axi welcomes all kinds of traders of all skill levels. If you’re new to trading and want to start without too much capitalspending much, the $0 minimum deposit and user-friendly platform are great. Irrespective of a traders skill, there are many options to trade, good spreads, and lightning-fast execution. And for those inclined towards advanced features, Axi’s ECN system and MetaTrader 4 platform are a notable combination.

In 2023, Axi also launched their innovative capital allocation program called Axi Select. Axi Select gives talented traders the opportunity to trade their way to the top and get funding of up to $1,000,000 USD and keep up to 90% of their profits.

AXI Banner

 

Pros & Cons
Taking a look at Axi, we spot its share of upsides and downsides. Let’s start with the bright side, it’s got the backing of multiple solid financial authorities, numerous instruments you can trade, and they let you practice with a demo account. Plus, they’ve got the MT4 platform.

 

Pros Cons
• Regulated by ASIC Customer support is 24/5 only for English language; for other languages, customer support is open during business hours
• Wide range of trading assets and tools
• Multiple account types including demo and Islamic accounts
• No minimum deposit, $0 to start
• Multilingual customer support
• Free VPS for the Elite account
• Copy trading
• Capital allocation program, Axi Select
• MT4 platform

 

Is Axi Legit?
Considering the pivotal aspect for brokers, that is regulation, it’s indeed comforting to note that AxiTrader is under the oversight of regulatory bodies from four distinct nations, including Australia, the United Kingdom, Cyprus, New Zealand, and UAE.

 

Regulated Country Regulated by Regulated Entity License Type License Number
Australia
ASIC AXICORP FINANCIAL SERVICES PTY LTD Market Making (MM) 000318232

 

Market Instruments
Axi gives you access to 220+ trading choices across 6 categories: forex, shares, indices, commodities, cryptocurrencies, and IPOs.

 

Trading Assets Available
Forex
Shares
Indices
Commodities
Cryptocurrencies
IPOs
Bonds
Options
ETFs

 

Leverage
The leverage offered by AxiTrader is capped at 500:1. This means that traders can open positions with a much larger amount than their initial investment.

However, high leverage can also lead to significant losses if the trade does not go as expected. Traders should exercise caution and use proper risk management strategies when trading with high leverage. Axi provides educational resources and tools to help traders understand the risks associated with leverage and how to manage them effectively.

Trading Platforms
Axi offers traders the popular MetaTrader 4 (MT4), which is a widely used platform that offers a wide range of charting and technical analysis tools, customizable indicators, and the ability to use automated trading strategies through Expert Advisors (EAs). The MT4 platform is available for download on PC and Mac computers, as well as on mobile devices for both iOS and Android.

Additionally, Axi offers the MT4 WebTrader, which allows traders to access the platform directly from their web browser without the need for any downloads or installations.

Axi Trading Platform and Copy Trading App are also available.

 

Trading Tools
There are a range of trading tools designed to enhance the trading experience for its clients. These include Myfxbook Autotrade, which allows traders to follow and copy the trades of experienced traders, MT4 signals which provide real-time trade ideas and analysis, MT4 VPS hosting which offers a dedicated virtual private server to ensure optimal performance and minimal downtime.

Education
Axi makes learning easy with a variety of educational resources. If you’re using the MT4 platform, their step-by-step video tutorials are there to guide you. They also offer Free eBooks, covering everything from basics to advanced topics. Stay updated on market trends through the Axi Blog, which features expert insights and daily analysis.