Axi
Sydney-founded (2008, formerly AxiTrader) ECN broker regulated by ASIC, FCA and CySEC, offering no-minimum-deposit accounts and raw spreads from 0.0 pips via MT4/MT5.
Key Facts
- Regulation
- ASIC, FCA, CySEC, FMA, DFSA
- Platforms
- MT4, MT5, WebTrader
- Instruments
- Forex, Commodities, Stock CFDs, Crypto CFDs
- Spread from
- 0.0 pips (Elite account)
- Commission
- $0 (Standard) / $4.50 round-trip per lot (Pro) / $3.50 (Elite)
- Minimum Deposit
- $0 (no minimum, $200 recommended)
- Account Types
- Standard, Pro, Elite
- Rating
- 4.1 / 5
Features
- ECN execution via 14+ major banks
- 140+ currency pairs
- 24/5 customer support
- Free education & demo accounts
Pros
- + No minimum deposit requirement
- + Strong multi-jurisdiction regulation (ASIC, FCA, CySEC)
- + Competitive raw spreads on Pro/Elite accounts
Cons
- − No cTrader or TradingView on the ASIC entity
- − Higher spreads on the Standard account
- − Elite account requires a $25,000 minimum deposit
Who it may suit
Based on its account minimums, platform selection and instrument range, Axi tends to suit traders with an established strategy who value execution quality and platform depth. Confirm this against your own goals and risk tolerance before opening an account.
Risk information: Trading with this broker involves risk of loss. Verify current terms, regulation and leverage for your region directly with the broker before opening an account.
Risk warning: Forex and CFD trading involves substantial risk of loss. Content on this site is educational and not financial advice. Read the full disclaimer.