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Last updated: ·Reviewed by BrokaBoy Research Team
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Axi
Australian MT4 specialist with a strong copy-trading offer
Overview
Axi, formerly AxiTrader, has traded since 2007 and is an Australian-based broker focused heavily on MT4 with a strong copy-trading and social product. The broker offers no minimum deposit on standard accounts and raw pricing on its Pro tier. Retail leverage is restricted under its Australian and UK licences and higher on offshore entities.
Axi supports Forex, Metals, Indices, Energies, Share CFDs, Crypto CFDs across 4 platforms, and offers Standard, Pro, Elite accounts to cover most trader profiles. Regulation is held with ASIC, FCA, DFSA.
With spreads starting from 0.0 pips and leverage up to 1:1000 (entity dependent), it's positioned for traders getting started who value axi and axitrader.
Pros & Cons
- No minimum deposit on the Standard account
- Raw spreads from 0.0 pips on the Pro account
- Well-regarded copy-trading platform
- Licensed by both the FCA and ASIC through group entities
- Product range narrower than multi-asset investment brokers
- Commission applies on Pro accounts
- Limited proprietary charting beyond MT4 and TradingView
Platforms & tools
Regulation & safety
Fees breakdown
Illustrative summary - confirm current pricing on Axi's own website.
Variable; raw pricing on Pro and Elite accounts
About $3.50 per lot per side on Pro; none on Standard
Overnight swap applies; Islamic accounts available on approval
No Axi withdrawal fee on most methods; intermediary bank charges may apply
Opening an account with Axi
- 1Complete the Axi online application
- 2Upload identity and address documents
- 3Choose the account tier and base currency
- 4Fund the account and trade a demo first
FAQ
What is the minimum deposit at Axi?+
Axi lists a minimum deposit of $100 to open a live trading account. Confirm the current amount on the broker's website, as it can vary by account type and region.
Is Axi regulated?+
Axi holds licences with ASIC, FCA, DFSA. The protections you get depend on the regulator and entity you sign up with - see each regulator's page on BrokaBoy for details.
What is the maximum leverage at Axi?+
Axi advertises maximum leverage of 1:1000 (entity dependent), depending on the instrument and your jurisdiction. Retail leverage may be lower under local regulation.
What are Axi's spreads and fees?+
Axi advertises spreads from 0.0 pips. About $3.50 per lot per side on Pro; none on Standard Overnight swap applies; Islamic accounts available on approval
Which trading platforms does Axi support?+
Axi supports MT4, MT5, Axi Copy Trading, TradingView across Standard, Pro, Elite account types.
How do I open an account with Axi?+
Complete the Axi online application Upload identity and address documents Choose the account tier and base currency Fund the account and trade a demo first
User reviews
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Confirm the current account terms and pricing on the broker's website.
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