Axi
Regulated By : ASIC
Headquarters : 
Australia
Min Deposit : 200 USD
US Clients :
Leverage : 1:500
Established Year : 2010
Axi Overview
Company Information
| Broker Details | Info |
|---|---|
RegulatorsWhat Is Regulation?Forex regulation is therefore all about consumer protection. Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions. | ASIC |
| Country | Australia |
Base CurrenciesWhat is Base Currency?In the forex market, currency unit prices are quoted as currency pairs. The base currency – also called the transaction currency - is the first currency appearing in a currency pair quotation, followed by the second part of the quotation, called the quote currency or the counter currency. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses. | USD |
Type Of BrokersBroker TypesThere are two types of brokers: regular brokers who deal directly with their clients and broker-resellers who act as intermediaries between the client and a larger broker. Regular brokers generally are held in higher regard than broker-resellers. | ECN |
Trading PlatformWhat is Trading Platform?A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. | Desktop, Mobile, MT4 |
| Established Year | 2010 |
| Website Language | English |
| US Clients |
Payment Option
| Method | Getway |
|---|---|
| Acc Funding Methods |  Skrill,  Wire transfer,  Visa Card,  Master Card |
| Acc Withdrawal Methods | Skrill, Wire transfer, Visa Card, Master Card |
Transaction Fees
| Getway | Fees |
|---|---|
| Skrill | 2.99% + $0.30 per transaction |
| Wire transfer | 1% - 4% of the transaction amount |
| Visa Card | 1.9% - 2.9% of the transaction amount |
| Master Card | 1.9% - 2.9% of the transaction amount |
Trading Account Options
| Type | Info |
|---|---|
Maximum LeverageForex LeverageLeverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. ... Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses. | 1:500 |
Mini AccountWhat Is Mini Account?A forex mini account is a foreign exchange (FX) account which allows beginner traders to enter the currency market using smaller size (mini lot) positions and trading quantities, thus lowering the funds at risk and limiting potential losses. | |
| VIP Accounts | |
Segregated AccountsWhat Is Segregated Account?Segregated account is an important term in the context of Forex trading in which a broker holds their client funds in segregated (separate) accounts that are different from the broker's core banking account. Segregated accounts are used to differentiate between the broker's working capital and its client investments. | |
| Free Demo Accounts | |
Managed AccountsWhat Is Managed Accounts?A managed forex account is where a professional trader/money manager manages the trading on the clients' behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs. | |
| Pro Account | |
| Minimum Deposit | 200 USD |
Islamic AccountWhat Is Islamic Account?An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. ... As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates. |
Contact Information & Support
| Type | Info |
|---|---|
| Telephone No | +61 2 9965 5830 |
| service@axi.com | |
| 24 Hours Support | |
| Support During Weekends | |
| Address | #105, Al Fattan Currency House, Tower 2, DIFC, Dubai United Arab Emirates. |
| Website | https://www.axi.group/ae-en |
Axi Trading Features
Suitable For
| Trader Level | Yes/No |
|---|---|
| Publicly Traded | |
| Beginners | |
| Day Trading | |
| Weekly Trading | |
| Professionals | |
| Swing Trading |
Spreads And Commission
| Trader Level | Yes/No |
|---|---|
Minimum SpreadsWhat Is Spreads?The forex spread is the difference between a forex broker's sell rate and buy rate when exchanging or trading currencies. Spreads can be narrower or wider, depending on the currency involved, the time of day a trade is initiated, and economic conditions. | 1.2 |
| Commission | |
| Fixed Spreads |
Axi Release 6 Bonuses
Trading Services
| Service | Info |
|---|---|
HedgingWhat Is Hedging?Hedging with forex is a strategy used to protect one's position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about hedging forex pairs in this way. One is to place a hedge by taking the opposite position in the same currency pair, and the second approach is to buy forex options. | |
| News Trading | |
ScalpingWhat Is Scalping?Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit. | |
| Automated Trading | |
IndicesWhat Is Indices?The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall. | |
CommoditiesWhat Is Commodities?The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves. ... Traders and investors looking to gain exposure to commodity price fluctuations often take positions in commodity currency pairs as a proxy investment to buying commodities. | |
| Forex instruments | |
| CFDs | |
| ETFs | |
| Stocks | |
| Bonds | |
| Cryptocurrencey | |
| Trading Signals | |
| Educational Service | |
| Copy/Social Tradings |
Octa
Min.Deposit: 25 USD
Regulated: FSCA
Max.Leverage: 1:1000
Country: Array
Apply Now View Full Review »
FXGlory
Min.Deposit: $5
Regulated: IFSA
Max.Leverage: 1:3000
Country: Array
Apply Now View Full Review »
XChief
Min.Deposit: 10 USD
Regulated: VFSC
Max.Leverage: 1:1000
Country: Array
Apply Now View Full Review »
InstaForex
Min.Deposit: $1
Regulated: FSC of BVI
Max.Leverage: 1:1000
Country: Array
Apply Now View Full Review »
Kevin Says :
Axi provides an efficient trading platform with fast order execution. The user-friendly interface makes it easy for both beginners and experienced traders to navigate.
Aiosy Says :
Axi Select’s extensive range of tradable assets enhances its appeal as a prop trading platform. From forex to commodities, traders have access to a diverse array of markets, providing ample opportunities to diversify their portfolios.
Vernon Says :
Axi stays at the forefront of technological advancements, adopting innovative solutions to improve the overall trading experience for its clients.
Matt Says :
I can’t speak highly enough of Axi Select’s prop trading platform. It’s not only incredibly powerful but also incredibly user-friendly. Whether you’re a seasoned pro or just starting out, this platform has everything you need to succeed in today’s volatile markets.
Nick Says :
Axi’s customer service team goes above and beyond to assist clients. They’re knowledgeable, responsive, and genuinely committed to client satisfaction.
Paul Says :
I’ve entered Axi’s massive trading contest! It’s my first ever competition and there’s a massive $100k up for grabs. Feels like a giant leap for me, but I’m just thrilled to be part of it. Fingers crossed!
Iannis Says :
I’m highly satisfied with Axi’s service. The combination of low costs, advanced tools, and responsive support makes it a top choice for anyone serious about trading.
Ostin Says :
Axi is a reliable broker with a good reputation. The spreads are tight, and the trading tools are very helpful. The only drawback is the occasional delay in customer support response, but they are generally very supportive and professional. I would recommend Axi to both new and experienced traders.
Romeo Says :
My experience with Axi has been average. The platform is decent, but I’ve experienced some slippage during volatile market conditions. Customer service is responsive but sometimes takes longer to resolve issues. They have good educational resources, but there’s room for improvement in their trading tools.
Carl Says :
Axi has exceeded my expectations as a broker. The trading platform is very intuitive, and the execution speed is excellent. I appreciate the wide range of trading instruments and the detailed market analysis provided. Customer service is always prompt and helpful, making my trading experience very smooth.
Deon Says :
I’ve been using Axi Select for several months, and I’m pleased with the overall experience. The platform is highly customizable, which suits my trading style. The customer support is excellent, although I wish the response times were slightly faster during high-volume periods. The educational resources are quite helpful, especially the market analysis reports.
Tobias Says :
Managing your account on Axi is straightforward. The client portal is well-designed, allowing for easy monitoring of account balances, transaction history, and open positions. The availability of multiple base currencies for accounts is a convenient feature for international traders.
Owen Says :
The trading conditions at Axi are excellent. The spreads are competitive, and I’ve never had issues with slippage. The platform’s execution speed is impressive, ensuring I can capitalize on market movements quickly and effectively. It’s a top-tier trading experience.
Ludovic Says :
Axi’s commitment to educating its traders is evident in the quality of its webinars and tutorials. I’ve learned so much from their resources, and they’ve helped me become a more confident and successful trader. The platform is truly dedicated to helping its users grow.
Fabio Says :
The user interface at Axi is clean and easy to navigate. Even as a beginner, I found it simple to place trades, analyze charts, and manage my account. The intuitive design makes trading less intimidating, which is a big plus for those new to the market.
Arthur Says :
I’ve been very impressed with Axi Select’s overall performance. The platform’s speed and reliability have been consistent, even during high-volatility periods. The charting tools and indicators are comprehensive, allowing me to perform in-depth technical analysis with ease. I would recommend Axi Select to any serious trader.
Fitch Says :
The deposit and withdrawal process with Axi is straightforward and generally efficient. Most transactions are processed within a reasonable time frame, though there can be occasional delays depending on the payment method used.
Roman Says :
I appreciate that Axi actively seeks feedback from its trading community. They regularly conduct surveys and forums where traders can voice their opinions on the platform and services. This involvement shows that Axi values its clients and is committed to continuous improvement. I feel that my voice matters, which enhances my loyalty to the broker. Axi’s proactive approach to community engagement is commendable.
Alfie Says :
I’ve been using the Axi Select mobile app, and I must say, it’s very user-friendly. The layout is intuitive, making it easy to trade on the go. I can access my account, place trades, and monitor market conditions from my phone without any hassle. This flexibility allows me to stay connected with the markets even when I’m away from my desk. Axi Select has done a great job with their mobile platform!
Rem Says :
The trading conditions at Axi are generally quite favorable. The combination of low spreads, high leverage, and a variety of trading instruments makes it an attractive option. I’ve found that these conditions allow me to optimize my trading strategies effectively. Overall, Axi provides a conducive environment for trading, which is essential for achieving my financial goals. I’m glad I chose Axi as my broker.
Reyki Says :
I’ve sent a few suggestions to Axi regarding platform features, and I was impressed by their responsive feedback. They acknowledged my suggestions and mentioned that they would be considered for future updates. This level of engagement makes me feel valued as a trader. Knowing that Axi listens to its clients encourages me to stay with them long-term. It’s refreshing to work with a broker that values customer input.
Jaxon Says :
Axi Select regularly offers promotions and bonuses for both new and existing clients. These incentives can enhance trading capital and provide additional opportunities for traders to increase their profits.
Niklas Says :
Axi supports a variety of payment methods, making it easy for traders to fund their accounts and withdraw their profits. This diversity simplifies the trading process.
Debby Says :
Axi actively engages with its trading community through events, competitions, and forums, fostering a sense of belonging and encouraging collaboration among traders.
Tien Says :
Axi offers comprehensive risk assessment tools that allow traders to evaluate their risk exposure and make informed decisions about their trading strategies.