We monitor competitors to ensure we always offer the highest rates on the net.

  • Authorised by major regulators like FCA and ASIC
  • Features unique trading support tools (e.g., PsyQuation)
  • Account conditions verified with live testing
Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated June 2025
Advertising disclosure ⇾

Since its inception in 2007, Axi (formerly known as AxiTrader) has grown to become a familiar name in global trading circles. This 2025 review is designed to give traders, especially those newer to the markets, a clear understanding of what Axi offers. We'll look at client experiences shared by users, break down their fee structure for trading, and detail how the company is regulated.

Live Spreads: Axi's Costs are Competitive

We are loading data ...

A fundamental aspect of trading costs is the 'spread' – this is the small margin between the price at which you can instantly buy an asset and the price at which you can sell it. Axi manages this cost through different account setups. Their Standard account typically has this cost built directly into the displayed prices, meaning there's usually no separate commission per trade. Conversely, the Pro account is structured to offer potentially tighter, more direct market spreads, but this comes with an added fixed commission for each transaction executed.

The live data in the comparison table above provides a current look at Axi's Pro account pricing. To see how Axi's costs compare for specific currency pairs, commodities, or against other brokerage firms, you can easily adjust the table using the orange 'Edit' button provided.

Axi Overall rating

4.5
Ranked 10 out of 1782 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
5.0
3
Regulation
5.0
2
Pricing rating
5.0
1
Features
Not rated
1
Customer Support
Not rated
1

Axi's overall standing, as seen on RebateKingFX, indicates a well-established presence in the brokerage field, reinforced by their many years of operation since 2007. They are highly rated for their regulatory compliance, holding authorisations from reputable financial bodies like ASIC (Australia) and the FCA (UK). Their popularity among traders is also significant, pointing to a substantial global user base. While individual client feedback varies, Axi's strong regulatory framework and the attractive pricing of its Pro account are notable strengths. Axi operates as a privately held entity.

Regulation: Supervision by Leading Financial Watchdogs

Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
AxiCorp Financial Services Pty Ltd 30 : 1
AxiCorp Limited up to £85,000 30 : 1
AxiCorp Financial Services Pty Ltd (DIFC branch) 30 : 1
AxiTrader Limited
Saint Vincent and the Grenadines
1000 : 1

Axi's financial services are conducted under the supervision of several prominent regulatory agencies. Key among these are the Australian Securities and Investments Commission (ASIC) and the UK's Financial Conduct Authority (FCA). In addition, Axi is licensed by the Dubai Financial Services Authority (DFSA) and has an entity registered in Saint Vincent and the Grenadines (SVG).

This framework of multiple entities means that the regulatory environment and protections afforded to clients can vary. Those trading with Axi under the oversight of ASIC, the FCA, or the DFSA generally benefit from a stricter set of rules. This includes limitations on available leverage and access to protective measures such as investor compensation schemes (for instance, the UK's FSCS can provide coverage up to £85,000).

The SVG-registered arm of Axi can offer greater leverage, but operates outside these specific compensation and stringent protection mechanisms. It's always advisable for clients to confirm the specific Axi entity that manages their account.

Available Assets: Access Forex, Cryptocurrencies, Shares and More

Loading data...

Clients of Axi have the ability to trade a wide variety of financial markets. Their product suite includes an extensive list of forex currency pairs, global stock market indices, commodities like crude oil, precious metals such as gold and silver, and a selection of popular cryptocurrencies including Bitcoin and Ethereum. CFDs on a diverse range of individual company shares are also part of their offering.

The interactive symbol search tool above can assist you in exploring the specific instruments currently available. It's crucial to understand that trading these markets generally involves CFDs (Contracts for Difference). This means you are speculating on price fluctuations and using leverage, a tool that can magnify both potential profits and potential losses.

Live Swap Rates: Competitive Overnight Holding Charges

Swap Rate: Long Position
Swap Rate: Short Position
Swap Rate Calculation Method
Loading data...
We are loading data ...

When you maintain a trading position open from one day into the next, past the market's official closing time, swap rates, also referred to as rollover fees or overnight financing fees, will be applied. These are daily financial adjustments to your account balance. Depending on the instrument, your trade direction (buy or sell), and prevailing interest rates, this can result in either a charge or a credit. The live comparison table above shows Axi's current swap rates.

Axi's swap rates are dynamic and are generally viewed as competitive, particularly when considered alongside brokers that might have wider basic spreads. In line with standard industry procedures, a triple swap (covering three days) is usually applied mid-week, typically on a Wednesday, for positions held over the weekend. The orange 'Edit' button allows you to compare Axi's swap costs for various instruments or against different brokers.

Trading Platforms: Utilising the MetaTrader 4 Ecosystem

Platform Version Key Benefits Things to Consider
MetaTrader 4 (MT4) Desktop
  • Widely adopted global standard, very familiar
  • Vast ecosystem of custom indicators & automated tools (EAs)
  • Known for reliable and consistent performance
  • User-friendly and relatively simple to learn
  • Older generation technology
  • Fewer integrated analytical tools than more recent platforms
  • MQL4 programming language less versatile than MQL5
  • Not the ideal choice for trading shares directly on an exchange
MT4 Web-Based Platform
  • No download needed, access via most internet browsers
  • Offers core MT4 trading functionalities
  • Convenient for quick access to accounts
  • More limited feature set than the full desktop version
  • Performance is browser and internet-dependent
  • Fewer customisation capabilities
MT4 Mobile Version
  • Enables trading and account oversight from mobile devices
  • Useful for monitoring open trades while away
  • Supports push notifications for market alerts
  • Charting tools are constrained by smaller screens
  • Fewer analytical resources compared to desktop
  • Primarily suited for trade management, not in-depth research

Axi provides its clients with the MetaTrader 4 (MT4) platform, a globally renowned choice for many traders. This platform is available as a downloadable program for desktop computers, a convenient web-based version accessible through internet browsers, and as mobile applications for both iOS and Android operating systems.

While Axi doesn't feature MT5 as a primary option yet, they often supplement the MT4 experience with various add-ons and analytical tools. The table above offers a brief summary of the MT4 versions available.

Deposits/Withdrawals: Diverse Funding Channels, Including Crypto

Funding Method Processing Time Axi's Stated Fee Commonly Accepted Account Currencies
Credit & Debit Cards (Visa, Mastercard) Usually instantaneous None* AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
Bank Institution Transfer 1-3 days (local), 3-5 days (international) None* (Axi may absorb certain bank fees) AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
Neteller E-Wallet Usually instantaneous None* AUD, CAD, CHF, EUR, GBP, JPY, NZD, PLN, SGD, USD
Skrill E-Wallet Usually instantaneous None* AUD, CAD, CHF, EUR, GBP, JPY, NZD, PLN, SGD, USD
Cryptocurrency Deposits (via third-party) Network speed dependent (often under 1 hour) None* Cryptocurrencies (converted to account's base currency)
Localised Payment Systems (BPAY, POLi, Sofort, etc.) Processing times vary (often instant or same day) None* Regional currencies (e.g., AUD, EUR)

Axi supports a comprehensive range of methods for clients to add funds to their trading accounts and to make withdrawals. These options include major credit and debit cards, traditional bank wire transfers, e-wallets such as Neteller and Skrill, various regional payment solutions like BPAY (for clients in Australia), and the facility to make deposits using several cryptocurrencies through external crypto wallet services.

Axi actively promotes a policy of zero fees for deposits and withdrawals processed by them. They also indicate that they may cover intermediary bank charges for wire transfers over a certain value.

*It's always important to account for potential charges from external payment processors (such as your own bank, e-wallet service, or the cryptocurrency network). For the most current details on available methods, any transaction limits, and potential third-party costs, it is advisable to consult the funding information on the official Axi website.

Leverage: Up To 1:1000 Depending on Regulation

The maximum leverage that Axi clients can apply is directly tied to the regulatory body that oversees their particular account. For clients whose accounts are under the jurisdiction of ASIC (Australia), the FCA (UK), or the DFSA (Dubai), leverage for retail traders is generally restricted to 1:30 for major forex currency pairs.

In contrast, accounts managed by their entity registered in Saint Vincent and the Grenadines can offer access to higher leverage, potentially up to 1:1000. Employing increased leverage significantly magnifies a trader's market exposure and, therefore, the associated risk, necessitating robust risk management techniques.

Axi Profile

Company Name AxiCorp Financial Services Pty. Ltd. /AxiCorp Limited
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates
Primary Category Forex Brokers
Year Founded 2007
Headquarters Australia, United Kingdom
Office Locations Australia, United Kingdom
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, NZD, PLN, SGD, USD, HKD
Client funds bank National Australian Bank (NAB), Lloyds Bank
Support Languages Arabic, Chinese, English, German, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese, Bahasa (Indonesian)
Funding Methods AstroPay, Bank Wire, Bitcoin, BPAY, Broker to Broker, China Union Pay, Credit Card, FasaPay, Giropay, GlobalCollect, iDeal, Litecoin, Neteller, POLi, Skrill, Sofort, Alipay, Ethereum, Tether (USDT), Ripple, Crypto wallets, Pix
Financial Instruments Futures, Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, Spread Betting, Soft Commodities (coffee, sugar...)
Prohibited Countries Central African Republic, Congo, Ivory Coast, Ecuador, Western Sahara, Eritrea, Ethiopia, Guinea Bissau, Haiti, Iraq, Iran, Japan, Kyrgyzstan, North Korea, Liberia, Libya, Myanmar, Sudan, Sierra Leone, Somalia, Syria, United States, Yemen, Zimbabwe, South Sudan
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

A concise overview of Axi's main operational characteristics is available on their RebateKingFX profile. There you can find information such as their founding year (2007), the locations of their principal offices (Australia, UK), the wide selection of accepted base currencies for trading accounts (including major global currencies), the languages in which customer support is provided, the complete list of methods for funding an account, and a schedule of countries from which they are unable to accept new clients (such as the United States and Japan).

Axi Promotions

Axi frequently draws attention to its client benefit of "Zero Fees on Deposits & Withdrawals." In addition, they offer access to unique programs like the PsyQuation analytics platform, which is designed to assist traders in analysing and improving their trading strategies. For the latest information on these initiatives or any other current promotional activities, visiting the official Axi website is the best course of action, as promotional offers and their associated terms can be updated.

Axi User Rating

3.5

Axi reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

Axi Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Standard Pro
Forex0.40 Pips2.26USD, 2.91CAD, 2.26AUD, 2.34CHF, 2.10EUR, 1.45GBP, 275.33JPY, 3.56NZD, 3.23SGD Per Lot
Futures$0.80 Per Lot$0.753 Per Lot
Oil / Energies$0.032 Per Lot$0.03 Per Lot
Metals0.40 PipsGold Silver:$2.26 Per Lot
Shares / EquitiesUp to $0.16Up to $0.015
IndicesUp to $0.80 Per LotUp to $0.753 Per Lot
CryptocurrenciesUp to $4.00 Per LotUp to $3.76 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Standard
Forex 0.40 Pips
Futures $0.80 Per Lot
Oil / Energies $0.032 Per Lot
Metals 0.40 Pips
Shares / Equities Up to $0.16
Indices Up to $0.80 Per Lot
Cryptocurrencies Up to $4.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Pro
Forex 2.26USD, 2.91CAD, 2.26AUD, 2.34CHF, 2.10EUR, 1.45GBP, 275.33JPY, 3.56NZD, 3.23SGD Per Lot
Futures $0.753 Per Lot
Oil / Energies $0.03 Per Lot
Metals Gold Silver:$2.26 Per Lot
Shares / Equities Up to $0.015
Indices Up to $0.753 Per Lot
Cryptocurrencies Up to $3.76 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

Axi is no longer allowing Australian or New Zealand residents to open accounts via our website.

Rebates are not paid for accounts registered with ASIC, FCA, Dubai DFSA entities.

Rebate is converted to USD upon the trade closed.

What are Axi rebates?

Forex rebates reduce the spread or transaction cost paid by a trader on every trade, whether it’s a win or a loss. Rebate payment are offered in 3 forms including spread and commission reductions, daily trading account deposits, and monthly cash payments via bank wire, Paypal, Skrill and others.

How do Axi rebates work?

When a trader links their new or existing forex trading account to us, the broker pays us a volume based commission for every trade that's placed. We then pay most of this back to our clients. Unlike a few of our competitors your spreads will never increase as a result of using our service. Instead, you'll pay lower transaction costs and increase your win ratio. Ultimately, you get a better deal working with us than working only with the broker.

How much Axi rebates can I earn?

Use our forex rebate calculator to estimate your Axi rebate earnings:

 
You must enter a valid number

Which Axi rebate program is the best?

Our business model and theme is offering the highest rebate rates at every popular forex broker. We do this by adjusting our rates whenever we find a competitor offering more. Our clients can rest assured they are getting the highest rebates possible combined with the best possible customer support and consistent, timely and accurate rebates.

Will my Axi spreads increase?

There may be a few scammy forex rebate providers out there that do this but we do not. It would be deceptive, unethical, and totally against our business model, not to mention customers would quickly catch on and write horrible reviews! The easiest way to alleviate such a concern is just ask customer support at Axi.

How can it be better to work through a 'middle-man' than just working directly with Axi?

Axi rebates are similar in nature to a credit card rewards program. Let’s take a Visa credit card for example. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make. Is it free money? Yes and no. It’s money the consumer would not have received if they were not signed up with the rewards program, however it’s paid for out of fees charged to the vendor who will naturally build such fees into the cost of their products.

A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker.

Are Axi rebates worth the effort?

The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. Axi rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.

Why don't you offer more forex rebate brokers?

We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.

var loadInlineTopicUrl = langSlug + '/api/social/inline/posts/load';