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| Category | Details |
|---|---|
| Tradeable Assets | Forex, indices, shares, commodities, metals, crypto CFDs, ETFs (some entities), spread betting (UK) |
| Min Deposit | No minimum on Standard and Pro; $25,000 for Elite |
| Forex Majors Spread | From about 1 pip (Standard); from 0 pips plus commission (Pro) |
| Regulators | ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), FMA (New Zealand) |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Axi trading platform (web and app), Axi Copy Trading app |
| Funding Methods | Bank transfer, cards, Skrill, Neteller, crypto (varies by entity) |
| Currency Pairs | About 70 currency pairs |
| Available Leverage | 1:30 on major pairs for retail clients under ASIC, FCA, CySEC and DFSA; up to 1:1000 through the international entity |
| Broker Type | Market maker with raw-spread accounts |
| Founded | 2007 |
| Country | Australia (Sydney), with entities in the UK, Cyprus, Dubai, New Zealand and St Vincent and the Grenadines |
| Free Demo Account | Yes |
| Clients Accepted | Most countries, but not the US |
| Pricing System | Spread only (Standard) or raw spread plus commission (Pro, Elite) |
| Inactivity Fee |
Axi, known as AxiTrader until a rebrand, was founded in Sydney in 2007. It is a straightforward forex and CFD broker built around MetaTrader, with low-cost raw pricing on its Pro account and licenses in Australia, the UK, the EU, Dubai and New Zealand. Many people know it as the long-running sponsor of Manchester City.
This review covers Axi’s accounts, costs, platforms and regulation, based on Axi’s own pages and independent reviews from October 2026.
Axi started in 2007 as AxiTrader and grew through MetaTrader trading with competitive raw pricing. It added licenses from the UK’s FCA, Dubai’s DFSA, New Zealand’s FMA and, more recently, CySEC in the EU, and built its own trading app and a copy trading app.
Since 2020 Axi has sponsored Manchester City, extending the deal to Manchester City Women in 2023.
Axi does not accept US clients.
Axi’s range is focused on what most forex traders use:
Axi UK advertises over 450 instruments including ETFs, while the international entity lists fewer. UK clients can also spread bet.
A demo account with $50,000 in virtual funds is available for 30 days.
Axi accepts clients from most countries through its regional entities. It does not accept US residents. Retail clients in Australia, the UK, the EU and Dubai are capped at 1:30 leverage on major pairs. Clients outside those regions are placed with AxiTrader LLC in St Vincent and the Grenadines, where leverage goes up to 1:1000 but there is no real regulatory protection.
Axi has its own Axi Copy Trading app, which lets you follow and copy other traders. In the UK it is provided in partnership with London & Eastern LLP. Some entities also support third-party services such as DupliTrade (with a higher minimum deposit), Myfxbook and ZuluTrade.
Axi does not charge deposit fees on its listed methods, which include bank transfer, cards, Skrill, Neteller and crypto depending on your entity. Withdrawals by bank transfer, Skrill and Neteller are free, and crypto withdrawals are free above a small minimum. A currency conversion fee applies if you deposit in a different currency from your account.
The Pro account is competitive with other raw-spread brokers, and the Elite tier is one of the cheaper options for larger traders.
Check Axi’s fee page for your region for any account maintenance charges.
