Axi

Axi · Company Summary

AxiTrader Limited (Axi) provides a broad selection of 290 trading options in CFDs, covering markets such as forex, stocks, indices, commodities, and cryptocurrencies. Notably, Axi offers a $0 minimum deposit for account opening and competitive spreads from 0.0 pips on major currency pairs for Pro accounts. The platform features ECN execution, allowing direct market orders, and supports both MetaTrader 4 (MT4) and, in some regions, MetaTrader 5 (MT5). With clients in over 100 countries, Axi has expanded its presence in the Latin American market and continues to grow internationally.

Pros & Cons

Axi has several strong points alongside some limitations that traders should consider.

Pros

• Global licenses, including from the USA, New Zealand, DFSA, and the UK.
• Access to popular platforms like MT4, with MT5 available in select regions.
• Multilingual customer support in 13 languages.
• No minimum deposit requirement to start trading.
• High leverage up to 500:1.
• Diverse payment methods and quick deposits/withdrawals.
• VPS available for high-tier accounts and extensive educational resources.

Cons

• Customer support is available 24/5 for English; other languages are supported only during business hours.
• AxiTrader Limited is registered in St. Vincent & the Grenadines, which is not regulated.

Axi Overview

• Founded: 2007
• Registered Countries: Australia, St. Vincent & the Grenadines
• Regulation: ASIC, FCA, FMA, DFSA
• Market Instruments: Forex, shares, indices, commodities, cryptocurrencies
• Demo Account: Available
• Leverage: Up to 500:1
• EUR/USD Spread: From 0.4 pips
• Trading Platforms: MT4, MT5, Axi Trading Platform, Axi Copy Trading
• Minimum Deposit: $0
• Customer Support: 24/5 multilingual live chat, phone, email

What is Axi?

Axi, formerly known as AxiTrader, was founded in 2007 and has since expanded globally with offices in Latin America, Asia, and the Middle East. The platform is suited for traders of all experience levels, with a $0 minimum deposit that makes it accessible to beginners. For advanced traders, Axi offers features such as ECN execution and the widely popular MetaTrader 4 platform. The recent introduction of the Axi Select program in 2023 allows traders to receive capital allocations up to $1,000,000 and retain up to 90% of profits.

Regulation

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
Australia	ASIC	Axi FINANCIAL SERVICES PTY LTD	Market Making (MM)	318232
United Kingdom	FCA	Axi Financial Services (UK) Limited	Market Making (MM)	466201
New Zealand	FMA	Axi FINANCIAL SERVICES PTY LTD	Straight Through Processing (STP)	518226
UAE	DFSA	Axi Financial Services Pty Ltd	Retail Forex	F003742

Market Instruments

Axi provides access to 269 tradable assets across the following categories:

• Forex: Major, minor, and exotic currency pairs
• Shares: Access to global stock markets
• Indices: Key global stock indices
• Commodities: Precious metals, oil, and other commodities
• Cryptocurrencies: Popular digital currencies, including Bitcoin and Ethereum

Account Types

Axi offers three account types to meet different trading needs:

• Standard Account:
  • Setup Cost: Free
  • Spreads: From 0.9 pips
  • Commission: None
  • Minimum Trade Size: 0.01 lots
• Pro Account:
  • Spreads: From 0.0 pips
  • Commission: $7 round trip
  • Minimum Deposit: $0
• Elite Account:
  • Spreads: From 0.0 pips
  • Commission: $3.50 round trip
  • Minimum Deposit: $25,000

Demo Trading

Axi offers a 30-day demo account with $50,000 in virtual funds, allowing users to practice trading in a risk-free environment. Demo account features include:

• Practice Trading: $50,000 in virtual funds
• Personal Support: Dedicated Account Manager and 24/5 support
• Real-Time Info: Access to live spreads on MT4
• Live-Like Demo: Realistic trading experience with MetaTrader

Customer Support

Axi provides various support options, including:

• Live Chat: Available 24/5 in multiple languages
• Phone: Customer support accessible during business hours for multiple languages
• Email: Support through email for all clients

Educational Resources

Axi provides extensive educational resources, including:

• MT4 Tutorials: Step-by-step video guides for MT4 users
• Free eBooks: Covering topics from forex basics to advanced trading strategies
• Blog: Regularly updated with expert insights and market analysis
• Crypto Glossary: Comprehensive glossary for understanding cryptocurrency terms

Conclusion

Axi offers a competitive trading environment with a variety of assets, high leverage, and a strong regulatory framework. The platform’s low entry cost, educational resources, and multiple account types make it an appealing option for both new and experienced traders.