Axi Review 2026
Regulated broker with real licence numbers.
Axi is a regulated CFD broker founded in 2007. It holds a ASIC licence under number 318232.
The basics
Axi was founded in 2007 and is headquartered in Sydney, Australia. It is privately owned. The broker offers CFDs on 140 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2007 |
| Headquarters | Sydney, Australia |
| Instruments | 140+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is Axi safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. Australia does not have a government-backed compensation scheme like the FSCS, but ASIC enforces high conduct standards.
| Regulator | Licence | Entity |
|---|---|---|
| ASIC | 318232 ✓ | AxiCorp Financial Services Pty Ltd |
| FCA | 466201 ✓ | AxiCorp Ltd |
| DFSA | F004885 ✓ | AxiCorp Limited DIFC |
| FSA | SD037 ✓ | AxiCorp Global Services Ltd |
You can verify the ASIC licence at asic.gov.au. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
Axi spreads
These are the typical spreads on Axi's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | From 0.0 (ECN) + commission pips |
| GBP/USD | 0.3 pips pips |
| USD/JPY | 0.1 pips pips |
| Gold (XAU/USD) | 15c/oz |
| S&P 500 | 0.4pt |
Axi's EUR/USD spread of From 0.0 (ECN) + commission pips is wider than ECN-first brokers but typical for a commission-free account.
Axi withdrawal fee and processing time
Fee: None. Axi does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
Axi minimum deposit by entity
The minimum deposit depends on which Axi entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| AxiCorp Financial Services Pty Ltd | ASIC 318232 | None | 1:30 |
| AxiCorp Ltd | FCA 466201 | None | 1:30 |
| AxiCorp Limited DIFC | DFSA F004885 | None | 1:400 |
| AxiCorp Global Services Ltd | FSA SD037 | None | 1:500 |
Axi vs eToro
| Axi | eToro | |
|---|---|---|
| Primary regulator | ASIC 318232 | FCA 583263 |
| Min deposit | None | $50 |
| EUR/USD spread | From 0.0 (ECN) + commission pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 140+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both brokers are regulated and legitimate. Axi suits traders who value MetaTrader and algorithmic trading. eToro is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| ASIC | 318232 — AxiCorp Financial Services Pty Ltd |
| FCA | 466201 — AxiCorp Ltd |
| DFSA | F004885 — AxiCorp Limited DIFC |
| FSA | SD037 — AxiCorp Global Services Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules. The offshore entity offers up to 1:500, but with lighter regulatory protection.
Pros and Cons
What works
- ASIC regulated — AxiCorp Financial Services Pty Ltd
- No minimum deposit
- MetaTrader 4 and 5 available
- No inactivity fee
- Tight EUR/USD spread from 0 pips
- Regulated in 4 jurisdictions
What does not work
- No copy trading
- No real stock ownership — CFDs only
- High leverage only via offshore entity
The verdict
Axi is a legitimate, regulated broker. The ASIC licence number 318232 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to Axi
If Axi does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is Axi safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. Axi holds ASIC licence 318232, which is publicly verifiable on the official register.
What is the Axi minimum deposit?
The minimum deposit is None. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the Axi EUR/USD spread?
The EUR/USD spread on Axi standard accounts is typically From 0.0 (ECN) + commission pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does Axi take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Axi charge withdrawal fees?
None. Axi does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Axi have MetaTrader?
Yes. Axi supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.