• 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 July 2025
Advertising disclosure ⇾

Many traders consider Axi when choosing a broker, given their establishment in 2007 and global operations. This 2025 review provides essential insights for anyone evaluating Axi, focusing on feedback from actual users, a clear explanation of their trading costs, and details about their regulatory safeguards.

Live Spreads: Competitive Execution Costs

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A core component of your trading expenses is the spread. The spread is the small difference between the immediate buy and sell price of any financial instrument. Axi offers different account structures that impact this cost. Their Standard account usually incorporates the entire trading cost within this spread, meaning no additional commission is typically charged per transaction. For traders seeking potentially tighter raw spreads, the Pro account usually offers these but adds a fixed commission for each trade undertaken.

The live data displayed in the comparison table above offers a view of Axi's pricing, showing how it measures up. To see how Axi's pricing compares for specific instruments you're interested in or against other brokers, you can use the orange 'Edit' button to customise the table.

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 reflected on Cashbackforex, points to a reputable position within the industry, supported by its operational history since 2007. They achieve high marks for their regulatory framework, being authorised by well-regarded bodies such as ASIC in Australia and the FCA in the UK. Their popularity is also notable, suggesting a broad international client base. While individual user experiences differ, Axi's strong regulatory credentials and the competitive pricing on its Pro account are significant positive factors. Axi functions as a privately owned company.

Regulation: Oversight from Key Global Financial Authorities

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 operations are supervised by several respected regulatory authorities. Prominent among these are the Australian Securities and Investments Commission (ASIC) and the UK's Financial Conduct Authority (FCA). Additionally, Axi holds a license from the Dubai Financial Services Authority (DFSA) and maintains an entity registered in Saint Vincent and the Grenadines (SVG).

This multi-jurisdictional setup means that clients are subject to different regulatory protections based on their region. Those trading under ASIC, FCA, or DFSA oversight generally benefit from more stringent rules, including access to investor protection schemes like the UK's Financial Services Compensation Scheme (FSCS), which can cover up to £85,000. The entity registered in SVG can offer higher leverage options (up to 1:1000) but operates outside these specific compensation and stringent protection frameworks. It's always wise to confirm which specific Axi entity your account is held with.

Available Assets: Diverse Markets Including Forex, Crypto, and Shares

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Traders with Axi can access a broad spectrum of financial markets. Their offering includes an extensive selection of forex currency pairs, global stock indices, commodities such as oil, precious metals like gold and silver, and a variety of popular cryptocurrencies (including Bitcoin and Ethereum). CFDs on a wide range of individual company shares are also available.

The live symbol search tool above can help you explore the specific instruments currently offered. It's important to remember that trading these markets usually involves CFDs (Contracts for Difference). This means you are speculating on price movements with the use of leverage, which can increase both potential profits and potential losses.

Live Swap Rates: Competitive Overnight Holding Costs

Swap Rate: Long Position
Swap Rate: Short Position
Swap Rate Calculation Method
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If you keep a trading position open beyond the daily market close, swap rates (also known as rollover fees or overnight financing) will generally apply. These are daily adjustments to your account, which can be either a charge or a credit, depending on the instrument being traded, whether your position is a buy or a sell, and the prevailing interest rates. The live comparison table above shows Axi's current swap rates.

Axi's swap rates are dynamic and generally look competitive, especially when compared with brokers that might have wider underlying spreads. It's standard practice in the industry for a triple swap adjustment to be made mid-week (usually on a Wednesday) to account for positions held over the weekend. You can use the orange 'Edit' button to compare Axi's swap costs for different instruments or against other brokers.

Trading Platforms: Focus on the MetaTrader 4 Suite

Platform Type Key Advantages Points to Note
MetaTrader 4 (MT4) Desktop
  • Globally recognised, very familiar to traders
  • Extensive library of custom add-ons & EAs
  • Known for its stability and dependable operation
  • Clear interface, relatively easy to navigate
  • Based on older technology
  • Fewer built-in analytical tools than newer platforms
  • Does not support direct exchange-traded stock trading
MT4 WebTrader
  • Accessible from most web browsers, no installation
  • Provides core MT4 trading functions
  • Useful for quick account access
  • Has fewer features than the desktop version
  • Performance depends on internet connection
  • Limited customisation
MT4 Mobile Application
  • Allows trading and account management on the move
  • Good for monitoring open positions
  • Supports push notifications for alerts
  • Charting capabilities restricted by screen size
  • Fewer analytical tools than desktop
  • Best suited for management, not complex analysis

Axi primarily provides the MetaTrader 4 (MT4) platform, a globally popular choice among traders. This robust platform is offered as a downloadable application for desktop computers, a convenient browser-based WebTrader, and mobile apps for both iOS and Android devices. Whilst MT5 is not part of their core offering yet, Axi often enhances the MT4 experience with additional tools and plugins. The table above offers a quick summary of the MT4 options available.

Deposits/Withdrawals: Comprehensive Funding Options Including Crypto

Payment Method Processing Times Fees Common Account Currencies Accepted
Credit/Debit Cards (Visa, Mastercard) Generally Instant None* AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
Bank Wire Transfer 1-3 days (domestic), 3-5 days (international) None* (Axi may cover some bank fees) AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD
Neteller Generally Instant None* AUD, CAD, CHF, EUR, GBP, JPY, NZD, PLN, SGD, USD
Skrill Generally Instant None* AUD, CAD, CHF, EUR, GBP, JPY, NZD, PLN, SGD, USD
Cryptocurrencies (via third-party wallets) Network dependent (often within 1 hour) None* Crypto (converted to your account's base currency)
Regional Payment Solutions (BPAY, POLi, Sofort etc.) Varies (often Instant or Same Day) None* Local currencies (e.g., AUD, EUR)

Axi offers a wide variety of ways to fund your trading account and withdraw your profits. These include major credit and debit cards, bank wire transfers, well-known e-wallets like Neteller and Skrill, a range of local payment options such as BPAY (for Australian clients), and the ability to make deposits using several cryptocurrencies through external crypto wallet services.

Axi makes a point of offering zero fees for deposits and withdrawals on their end, and they even mention potentially covering intermediary bank charges for wire transfers above a certain amount.

*It's always important to remember that external processors (like your bank, e-wallet provider, or the crypto network itself) might have their own transaction charges. For the most up-to-date information on available methods, any limits, and potential third-party costs, it's best to check the funding section on the official Axi website.

Leverage: Up To 1:1000 Based on Regulation

The maximum amount of leverage you can use with Axi is directly linked to the regulatory authority overseeing your specific account. For clients whose accounts are regulated by ASIC (Australia), the FCA (UK), or the DFSA (Dubai), retail leverage is generally capped at 1:30 for major forex pairs.

For accounts held with their entity registered in Saint Vincent and the Grenadines, higher leverage, up to 1:1000, can be made available. Using increased leverage significantly amplifies your market exposure and, consequently, your risk, so it necessitates careful risk management practices.

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

The Axi profile on Cashbackforex offers a concise overview of the broker's key operational facts. You'll find details such as their establishment year (2007), locations of their main offices (Australia, UK), the variety of accepted account base currencies (including major global currencies), languages supported by their customer service, the full list of ways to fund your account, and a list of countries from which they are unable to accept clients (such as the USA and Japan).

Axi Promotions

Axi often promotes its policy of 'Zero Fees on Deposits & Withdrawals' as a significant client advantage. Furthermore, they provide access to distinctive programs such as the PsyQuation analytics platform, which is aimed at helping traders analyse and refine their performance. For current details on these programs or any other ongoing promotional offers, visiting the official Axi website is recommended, as promotions and their terms can evolve.

Axi User Rating

3.5

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

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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
Forex0.30 Pips1.50AUD, 1.93CAD, 1.55CHF, 1.39EUR, 0.96GBP, 182.75JPY, 2.36NZD, 2.15SGD, 11.82HKD, 1.50USD Per Lot
Futures$0.6 Per Lot$0.5 Per Lot
Oil / Energies$0.024 Per Lot$0.02 Per Lot
Metals0.30 PipsGold Silver:$1.50 Per Lot
Shares / EquitiesUp to $0.012Up to $0.01
IndicesUp to $0.6 Per LotUp to $0.5 Per Lot
CryptocurrenciesUp to $3.0 Per LotUp to $2.5 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 0.30 Pips
Futures $0.6 Per Lot
Oil / Energies $0.024 Per Lot
Metals 0.30 Pips
Shares / Equities Up to $0.012
Indices Up to $0.6 Per Lot
Cryptocurrencies Up to $3.0 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 1.50AUD, 1.93CAD, 1.55CHF, 1.39EUR, 0.96GBP, 182.75JPY, 2.36NZD, 2.15SGD, 11.82HKD, 1.50USD Per Lot
Futures $0.5 Per Lot
Oil / Energies $0.02 Per Lot
Metals Gold Silver:$1.50 Per Lot
Shares / Equities Up to $0.01
Indices Up to $0.5 Per Lot
Cryptocurrencies Up to $2.5 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?

Axi rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Axi rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Axi rebates can I earn?

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

 
You must enter a valid number

Are Axi rebates a scam; do my spreads increase?

Axi rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for Axi rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.