AXI is a well-regulated ECN Forex broker, offering over 50 Forex pairs, very tight spreads, MT4, copy-trading, MAM accounts, and a FIX/API for automated trading. The broker offers ECN trading conditions with a minimum deposit of just $1,000 on the Pro Account. The trading spreads on this account type start as low as 0.0 pip on EURUSD plus $7 commissions per full-traded lot. There is also the Standard Account that offers spreads as low as 1.1 pip on EURUSD without trading commissions. The minimum deposit for this account type is just $10.
AXI Review
■ Foundation: AXI (ex AxiTrader) was founded in 2007
■ Headquarters: AXI is based in London, UK, and Sydney, Australia
■ US Residents: AXI forbids traders from the U.S. -NO-
■ Regulated: regulated by the FCA UK (number 509746) and ASIC Australia (AFSL number 318232)
■ Client Bank Account Segregation: Client money is held in segregated bank accounts
■ Website Language: English and 12 more languages
■ Customer Support: Phone, Callback, LiveChat, and email (24-hour from Monday to Friday)
AXI REVIEW SUMMARY
■ Broker Type: ECN Broker
■ Liquidity Providers: Top tier banks such as UBS, Citibank, JP Morgan, Goldman Sachs, and smaller banks
■ Trading: Forex Currencies, Indices, Commodities, Gold & Silver, and Cryptocurrencies
■ Platforms: MetaTrader-4 and MT4 WebTrader (Social-trading and API trading are available)
■ Trading Time Zone: GMT+3
■ Demo Account: MT4 Demo (30-day trial, real-time spreads, 24/5 client support)
■ Lowest Spread on EUR/USD: 0.0 pip plus $7 commissions per full traded lot ($100,000) on the Pro Account
■ Leverage: The max trading Leverage for European countries is 30:1
■ Scalping/Hedging: Fully allowed
■ Free VPS: Axi will credit up to $35 of the Forex VPS fee for customers who trade monthly more than 20 lots
■ SWAP-Free Account: YES
■ PAMM/MAM Accounts: YES
■ Minimum Account: $10 for a Standard Account and up to $1,000 for the Axi Pro account
AXI TRADING ASSETS
Currently, AXI offers the following assets:
■ 50+ Forex Pairs
■ 10+ stock indices
■ Precious Metals (Gold and Silver)
■ Cryptocurrencies
■ Commodities (Copper, Oil, Natural Gas, Coffee, and Cocoa)
AXI PRO ACCOUNT'S TRADING SPREADS
These are the basic spreads on the Pro account, according to their platform:
■ AXI EURUSD spread is 0.0 pip, plus $7 commissions on the Axi Pro account
■ AXI USDJPY spread is 0.2 pip, plus $7 commissions on the Axi Pro account
■ AXI GBPUSD spread is 0.4 pip, plus $7 commissions on the Axi Pro account
Note: The standard account offers spreads as low as 1.1 pip on EURUSD without trading commissions.
AXI.COM TRADING PLATFORMS & MOBILE
AXI provides the classic MetaTrader-4 platforms in several versions: ■ MetaTrader-4 Desktop Trader ■ MetaTrader-4 WebTrader ■ MetaTrader-4 Mobile Traders More Axi.com Features ■ Supports trading signals from the Myfxbook AutoTrade (social-trading & copy-trading community) ■ Offers a FIX/API for professional traders ■ Free Autochartist (advanced pattern-recognition app) AXI ACCOUNT INFORMATION Minimum Account: The minimum required deposit amount to open a Standard account with AXI is 10 USD (*) The maximum trading leverage for European countries is 30:1 AXI Deposit/Withdrawal Methods: ■ Bank Wire ■ Credit/Debit Cards ■ Skrill ■ Neteller ■ BPAY ■ No Fees on Deposits/Withdrawals (Withdrawals are free if they are above 50 USD or for the full balance of your Account) ■ No Inactivity Fees Account Currencies AXI MAM Account Features AXI CORPORATE INFORMATION
(1) London, UK (AxiCorp Limited, 36-38 Leadenhall Street, EC3A 1AT) (2) Sydney, Australia (AxiCorp Financial Services Pty. Ltd., Level 10, 90 Arthur St, NSW 2060) Registration Axi.com is a trading name of AxiCorp Limited AXI.com Regulation
AXI REVIEW PROS AND CONS (According to competition) AXI.COM REVIEW PROS & CONS AXI.COM REVIEW PROS (√) AXI.COM REVIEW CONS (X) √ Fully-regulated broker offering a very secure place to trade the global financial markets √ ECN trading conditions with a minimum account as low as 1,000 USD (Pro account) √ Tight trading spreads starting as low as 0.0 pips plus $7 commissions per full traded lot √ Trade a wide range of financial asset classes and assets, including 50+ Forex pairs, indices, cryptocurrencies, precious metals, and commodities √ FIX/API trading, hedging, and scalping are fully allowed √ MAM Accounts √ Free Autochartist (advanced pattern-recognition app) X Only MetaTrader-4 AXI Review Conclusions: Axi (ex AxiTrader) is a safe and competitive Forex broker. Axi is headquartered in Sydney, Australia, and London, UK and it is regulated by ASIC Australia (AFSL number 318232) and FCA UK (number 509746). Their liquidity providers include UBS, Citibank, JP Morgan, Goldman Sachs, and other smaller banks. The broker offers ECN trading conditions with a minimum deposit of just $1,000 on the Pro Account. The trading spreads on this account type start as low as 0.0 pip on EURUSD plus $7 commissions per full-traded lot. There is also the Standard Account that offers spreads as low as 1.1 pip on EURUSD without trading commissions. The minimum deposit for this account type is just $10. The trading leverage for Europeans is 30:1. You can fund your trading account via cards, wire, Skrill, Neteller, and BPAY and you may choose via a wide variety of account currencies. AXI offer a wide selection of trading assets including 50+ Forex pairs, cryptocurrencies, indices, precious metals, energies, and some commodities. As concerns their trading platforms, there is the classic MetaTrader-4 in several versions for desktop and mobile devices. Scalping, automated trading, and hedging are fully allowed. There is an FXI/API for professional Forex traders and a credit for a Forex VPS for over 20 lots of monthly volumes. There is also a MAM account and social-trading via the Myfxbook AutoTrade. The Autochartist application is provided for free. Overall, AXI is a multi-featured and very competitive ECN Forex broker covering the needs of advanced and professional traders and especially as concerns intraday and automated traders. These are the two choices when opening a new account: (1) FCA UK: protection against negative balance, FSCA guaranteed (2) SVG: no protection against negative balance
L MORE REVIEWS • COMPARE • BROKERS ■ AXI.com Review TradingCenter.org (c)
STANDARD
AXI PRO
Minimum Deposit
10 USD
1,000 USD
Minimum Trading Spreads
1.1 pip
0.0 pip
Trading Commissions
NO
$7 per full traded lot
Number of Forex Pairs
50+ Forex Pairs
Automated Trading, Scalping, and Hedging
YES
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