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Axi Forex Broker provides real users with 32 positive reviews, 3 neutral reviews and 12 exposure review!

Axi Broker Review

8.27

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Axi Review 47

Latest All(47) Positive(32) Neutral(3) Exposure(12)
Positive
Empowering Trading Success with Axi: Intuitive Platform, Exceptional Support & Educational Resources

Choosing Axi as my trading platform has been the right decision. The intuitive interface and wide range of trading instruments have provided me with an exceptional user experience. Customer service is first class, with quick responses and effective solutions. Axi stands out for its competitive costs and low spreads, which has positively impacted my financial results. The platform also offers valuable educational resources, from market analysis to tutorials, which have been instrumental in improving my trading skills.

Facundo Ribas
2023-12-08
Positive
Axi Elevates Trading: Educational Resources for Skill Enhancement & Market Insights

Axi goes beyond being a trading platform by offering educational resources. Traders can access webinars, tutorials, and other educational materials to enhance their trading skills and stay updated on market trends.

Michael4551
2023-12-07
Positive
Swift Scalping Success: Axi's Lightning Speed Empowers Profitable EUR/USD Trades

23 May, 2023- equipped with my Axi account ID 551368x , I was ready to delve into the action. Market observance over the years had shown me that the EUR/USD pair usually offered some promising opportunities on such days. So, I set my focus on it. My day went something like this: buy, sell, rinse and repeat -- all within seconds. And let me tell you, during these nail-biting moments, Axi was showing up, doing brilliantly. One aspect that particularly deserves the spotlight is the execution speed -Such speed, I must emphasize, is the backbone of successful scalping. It's pure gold for a scalper like me. In addition, my entire trading session went by without an iota of latency or slippage. To a scalper, even milliseconds matter, and Axi's flawlessness in this aspect let me maximize every micro opportunity that the tightly-bound price ticks offered.

CookMiller
2023-10-10
Positive
Lightning-Fast Trades: Revolutionizing Efficiency in High-Speed Trading

Their execution speed? Astoundingly fast - trades go through before you can even blink, it's game changing efficiency. The precisions they offer in this chaotic and rapid-paced trading world is commendable.

Septian Putra
2023-10-10
Positive
Lengthy Withdrawal Process: A User's Experience and Hope for Improvement

Well, trades have been fine, but withdrawals can be irksome. The process is lengthy, taking nearly a week. I hope they rectify this soon, for a better user experience.🙂

Timothy 677
2023-10-09
Neutral
Customizable Charting Tools Boost Swing Trading Strategy, Leverage Up to 500:1 with Stable 50:1 Usage, Competitive Fees, Tight Spreads on Majors, Exotics Need Work

Yes, I've found the customizable charting tools very useful for my swing trading strategy. The fees are transparent and competitive which is a huge tick for me. Even though they offer leverage up to 500:1, I have always found a stability with my standard use of 50:1. The spreads on major pairs like EUR/USD are really great but they could do with tightening the spreads on some of the more exotic pairs.

Jonathan Lewis
2023-10-09
Positive
Positive Trading Experience with AxiTrader: Tight Spreads, Reasonable Fees, Speedy Improvements Needed on Withdrawals

I've been trading with AxiTrader for almost a year now and I have to say, this period, has been largely positive. Their transaction fees are quite reasonable, and what impresses me the most are the tight spreads they offer. This has proven to be a boon especially with my scalping strategy, which relies heavily on low spread costs. The highest leverage I've used so far with Axi is 100:1 and even with that, my trading experience has been stable and seamless. However, one area they could improve is the speed of withdrawal. The process is certainly reliable, but I wish it were quicker.

Nathan Turner
2023-10-09
Positive
Profit Withdrawal Hassles: Axi Brokerage Red Tape Nightmare

I'm having a hard time pulling out my profits, it's been a continuous back-and-forth for weeks now. They keep on asking for different documents and suggesting I try withdrawing via desktop instead of mobile. It's feeling like a run around and quite frustrating. Feb 25, 2023 - totally Stars I've been with Axi, for a few months and to date, everything had been going smoothly. Their trading costs and performance measure well, earning them a spot among the top-ranking brokers. They don't just have ASIC certification, but they're also licensed by the UK's FCA, so that definitely provides a sense of safety. What caught my eye was their support for cryptocurrency transactions, both deposit and withdrawal. However, I haven't tried this feature yet. When I had initially started out, profits could only be pulled out via bank transfer and not through crypto, so I just went ahead with the traditional method.

clear
2023-10-08

  

AXI 2025 Review: Everything You Need to Know

  Axi, formerly known as Axitrader, is a well-established forex and CFD broker that has garnered attention for its competitive pricing and user-friendly trading environment. Overall, the broker is viewed positively, particularly for its regulatory compliance and low trading costs. However, some users have reported challenges with withdrawal processes and limited asset offerings.

  Note: It's important to recognize that Axi operates under different regulatory entities depending on the region, which can affect the trading conditions and protections available to clients.

  

Rating Box

Category Rating (out of 10)
Account Conditions 8
Tools and Resources 7
Customer Service and Support 6
Trading Setup (Experience) 7
Trustworthiness 8
User Experience 7

  We assess brokers based on a combination of user feedback, expert analysis, and factual data from reliable sources.

  

Broker Overview

  Founded in 2007, Axi is headquartered in Sydney, Australia, and has expanded its operations globally. The broker is regulated by several top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, and the Dubai Financial Services Authority (DFSA). Axi primarily offers trading on the MetaTrader 4 platform, known for its robust features and user-friendly interface. Clients can trade a variety of assets, including forex pairs, commodities, indices, and cryptocurrencies.

  

Detailed Section

  

Regulated Geographic Areas

  Axi operates under multiple regulatory jurisdictions, including ASIC in Australia, FCA in the UK, and DFSA in Dubai. However, it also has an entity registered in St. Vincent and the Grenadines, which is less regulated. This multi-regulatory framework allows Axi to cater to clients from over 100 countries, but users should be aware of the varying protections based on their location.

  

Deposit/Withdrawal Currencies/Cryptocurrencies

  Axi supports various base currencies, including AUD, USD, EUR, GBP, and several others. The broker does not impose deposit fees for the first $50,000 deposited monthly, but a 3% fee applies for amounts exceeding this limit. Withdrawals are generally free for amounts over $50, though some payment methods may incur fees.

  

Minimum Deposit

  Axi requires no minimum deposit for standard and pro accounts, making it accessible to new traders. However, the elite account, designed for professional clients, requires a minimum deposit of $25,000.

  

Bonuses/Promotions

  Currently, Axi does not offer traditional sign-up bonuses or promotions. However, it has an affiliate and introducing broker (IB) program that allows clients to earn commissions for referring new traders.

  

Tradable Asset Categories

  Axi provides access to over 140 forex pairs, commodities (including gold and oil), indices, and cryptocurrencies. However, the selection of stocks and other assets is relatively limited compared to some competitors.

  

Costs (Spreads, Fees, Commissions)

  Axi's spreads are competitive, starting from 0.4 pips for standard accounts and 0.0 pips for pro accounts, along with a commission of $7 per round trip. Inactivity fees of $10 apply to accounts that remain inactive for 12 months.

  

Leverage

  Leverage varies by regulatory entity, with retail clients under FCA and ASIC limited to 1:30, while professional clients can access leverage up to 1:400 under certain jurisdictions.

  

Allowed Trading Platforms

  Axi primarily offers the MetaTrader 4 platform, which is widely recognized and favored among forex traders. The broker also provides a proprietary copy trading app, allowing users to replicate trades from successful traders.

  

Restricted Regions

  Axi does not accept clients from several high-risk jurisdictions, including the United States, Canada, and North Korea. Prospective clients should verify their eligibility based on their residency.

  

Available Customer Service Languages

  Axi offers customer support in multiple languages, including English, Arabic, Spanish, and several others. Support is available 24/5 through live chat, email, and phone.

  

Repeat Rating Box

Category Rating (out of 10)
Account Conditions 8
Tools and Resources 7
Customer Service and Support 6
Trading Setup (Experience) 7
Trustworthiness 8
User Experience 7

  

Detailed Breakdown Section

  

Account Conditions

  Axi's account conditions are favorable, particularly for beginners. The absence of a minimum deposit for standard and pro accounts allows new traders to start with minimal risk. The elite account offers competitive trading conditions for professional traders, although the high minimum deposit may be a barrier.

  

Tools and Resources

  Axi provides a solid range of trading tools, including the highly regarded MetaTrader 4 platform and additional plugins like Autochartist and Psyquation. However, the educational resources are somewhat limited, and the demo account is only available for 30 days.

  

Customer Service and Support

  Customer service at Axi is generally responsive, available 24/5. However, users have reported longer wait times for email responses, and the lack of 24/7 support may be a drawback for some traders.

  

Trading Setup (Experience)

  The trading experience on Axi is smooth, with competitive spreads and a user-friendly platform. However, some users have reported issues with withdrawal processes, which may affect overall satisfaction.

  

Trustworthiness

  Axi is regulated by reputable authorities, which enhances its trustworthiness. However, past regulatory issues, such as license suspensions, have raised concerns among some users.

  

User Experience

  Overall, Axi offers a positive user experience, with a straightforward account setup process and a well-designed trading platform. However, the limited asset offerings and occasional withdrawal issues may deter some traders.

  In conclusion, Axi is a reputable broker with a strong regulatory framework and competitive trading conditions. While it may not offer the broadest range of assets or the most comprehensive educational resources, it is well-suited for both new and experienced traders looking for a reliable trading platform.