Axi

Axi

Trust Score:

4.37

(2,435 Reviews )

About Axi

Axi is a reliable, EA-compatible broker backed by strong regulatory roots. It’s a good option for traders focused on Forex and CFD strategies using MT4, especially if you’re using bots or EAs. While its platform and funding options feel a bit outdated and it lacks MT5 and FIX API, its core strengths—execution reliability, regulatory credibility, and bot support—make it a solid choice for intermediate to advanced traders.

Regulation & Security

Axi is regulated by ASIC (Australia), FCA (UK), and other global financial authorities. These top-tier regulators ensure a high standard of client protection, such as segregated funds and negative balance protection. However, like many brokers, international users are often routed through offshore branches under St. Vincent and the Grenadines, which may have less rigorous oversight. Overall, Axi is considered a trustworthy broker, especially if you're onboarded under its stronger regulatory jurisdictions.

Account and Setup

Opening an account with Axi is relatively simple, though slightly slower compared to newer fintech brokers. Most users complete verification in 1–2 business days, but some report delays depending on region and document type. The client portal has a basic interface—it gets the job done, but doesn't feel as modern or streamlined as other platforms.

Funding Options

Axi supports bank transfers, credit/debit cards, Neteller, Skrill, and regional options, but lacks some of the newer instant funding gateways or crypto deposit options that competitors offer. Deposits are usually processed quickly, but withdrawals may take up to 2 days, depending on the method used. Most users don’t report major issues, though the variety of payment methods could be improved.

Bot & API Compatibility

Axi supports MT4 (but not MT5), and is known for being EA-friendly, with reliable execution and no restrictions on bot usage. They offer VPS hosting via partners, free for high-volume traders. However, there's no FIX API access for retail traders, which limits advanced integrations. Latency and execution are generally solid, especially on their Pro account with tighter spreads and lower commissions.

Trading Conditions& Restrictions

Axi provides low spreads, especially on the Pro account, starting from 0.0 pips with competitive commission. Leverage is up to 1:500 on offshore accounts. There are no restrictions on scalping, hedging, or EA strategies, which makes it suitable for most bot traders. However, some users have noted increased spreads during rollover hours or major news releases, and the lack of asset variety compared to multi-asset brokers may be a downside for diversified strategies.

Axi Reviews

(2,435)

Axi Reviews

(2,435)

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