Axi Review (2026)
Multi-entity CFD broker with MT4/MT5 and fee-focused account tiers.
Licences: ASIC, FCA, CySEC, DFSA, FSA — the exact entity (and protection) depends on your country. See licence evidence ↓
The 60-second verdict
Axi scores 79/100 on our method — best suited to mt4/mt5 traders, fee-focused accounts, low entry traders, and a weaker fit if you want us residents.
Best for
- MT4/MT5 traders
- Fee-focused accounts
- Low entry
Not best for
- US residents
- Broad multi-asset range
- Crypto self-custody
Score breakdown
Affiliate commission is weighted 0% and never affects this score.
Regulation & legal entities
Five entities: AxiCorp Financial Services Pty Ltd (ASIC, Australia + DIFC branch under DFSA), Axi Financial Services (UK) Ltd (FCA), Solaris EMEA Limited (CySEC — EU residents only), and AxiTrader LLC (St Vincent & the Grenadines) for most other countries. Axi's own client agreement states the SVG FSA does not regulate margin FX/CFD issuers — verify which entity is on your agreement before depositing.
| Regulators | ASIC — Australia, licence 318232 (Tier 1)Verified on registerchecked 2026-08-22 FCA — United Kingdom, licence 466201 (Tier 1)Verified on registerchecked 2026-09-09 CySEC — Cyprus, licence 433/23 (Tier 2)Verified on registerchecked 2026-08-18 DFSA — Dubai (DIFC), licence F003742 (Tier 2)Pending — verifychecked 2026-08-17 FSA — St Vincent & the Grenadines, licence 4303 LLC 2025 (Tier 3)Verified on registerchecked 2026-08-17 |
| Segregated client fundsSegregated fundsClient money held in bank accounts kept separate from the broker's own funds, so it isn't used to run the business and is easier to return if the firm fails. | Yes |
| Compensation scheme | FSCS up to £85,000 (UK-entity clients); ICF up to €20,000 (EU-entity clients) |
| Negative-balance protectionNegative-balance protectionA safeguard that stops your account going below zero, so you can't end up owing the broker more than you deposited. Mandatory for retail clients in some regions. | Yes, for retail clients where required/applicable by region |
Source: our licence-evidence log — status shown per licenceConfirm licence numbers on the official register before depositing.
Is Axi regulated? Full register check, entity by entity →
| AxiCorp Financial Services Pty Ltd | ASIC 318232 | Verified on register | 2026-08-22 |
| Axi Financial Services (UK) Limited | FCA 466201 | Verified on register | 2026-09-09 |
| Solaris EMEA Limited | CySEC 433/23 | Verified on register | 2026-08-18 |
| AxiCorp Financial Services Pty Ltd (DIFC Branch) | DFSA F003742 | Pending — verify | 2026-08-17 |
| AxiTrader LLC | FSA 4303 LLC 2025 | Verified on register | 2026-08-17 |
- 2020-01-02 · ASIC (Australia): ASIC suspended AxiCorp Financial Services Pty Ltd's AFS licence (318232) for four months, citing client-money handling and reporting failures. AxiCorp obtained a stay from the Administrative Appeals Tribunal pending review and continued operating. official source
- 2021-03-10 · ASIC (Australia): ASIC imposed additional licence conditions on AxiCorp, including an independent compliance review, minimum compliance staffing through 2022, and a moratorium on new Corporate Authorised Representatives. official source
Neutral, sourced notes only — not an accusation. We show documented regulatory history where we have an official source.
Which Axi entity would onboard you?
The brand is not the counterparty — the legal entity on your client agreement sets your regulator, protections and terms. These are the entities we track for this broker.
| Legal entity | Regulator | Typically onboards | Protection notes |
|---|---|---|---|
| AxiCorp Financial Services Pty Ltd Australia | ASIC (Tier 1) | AU | No compensation scheme identified |
| Axi Financial Services (UK) Limited United Kingdom | FCA (Tier 1) | GB | FSCS — up to £85,000 for eligible clients. |
| Solaris EMEA Limited Cyprus | CySEC (Tier 2) | AT, BE, BG, HR, CY, CZ, DK, EE, FI, FR, DE, GR, HU, IE, IT, LV, LT, LU, MT, NL, PL, PT, RO, SK, SI, ES, SE | ICF — up to €20,000 for eligible clients. |
| AxiCorp Financial Services Pty Ltd (DIFC Branch) Dubai (DIFC), UAE | DFSA (Tier 2) | AE | No compensation scheme identified |
| AxiTrader LLC St Vincent & the Grenadines | FSA (SVG) (Tier 3) | Most other countries (rest-of-world default) | No compensation scheme identified · No NBP |
See which entity likely applies to your country with the entity checker — and always confirm the entity named on your client agreement at signup.
Fees & spreads
| Typical spreadSpreadThe gap between the buy (ask) and sell (bid) price. It's a core trading cost — tighter spreads are cheaper for you. (EUR/USD) | from 0 pips |
| CommissionCommissionA flat per-trade fee, common on raw/ECN accounts that show tighter spreads. Always compare spread + commission together as the all-in cost. | $7 per lot |
| Minimum deposit | $0 |
| Inactivity fee | $10/month after 12 months inactivity |
| All-in cost index | $$··· (2/5) |
Figures are typical published values, not live quotes. Costs and charges may vary depending on the jurisdiction, account type and entity that holds your account.
Pros
- Fee-focused account split: Standard spread-only (from 0.7 pips per Axi's own pages) or Pro from 0.0 pips + $7 round turn
- Multi-entity structure incl. ASIC and FCA regulated entities, with MT4/MT5 and a proprietary app
- No stated minimum deposit and no standard withdrawal-fee schedule in the documents we read
Cons
- Rest-of-world clients sit under AxiTrader LLC (SVG) — an entity Axi's own agreement says is not regulated for FX/CFD business
- ASIC suspended the Australian entity's licence in 2020 (stayed on appeal) and imposed extra compliance conditions in 2021 — documented below
Products & markets
Share, index, commodity and crypto exposure is via CFDs. Under the SVG entity, crypto is a custodial buy-only product: Axi's agreement states clients cannot transfer cryptoassets out of the account and have no voting or staking rights — neither a classic CFD nor self-custodied ownership.
This figure belongs to a legal entity, not to the brand, and each entity reports its own. See how Axi compares in our CFD loss-rate study, read verbatim from the brokers' own sites.
Products shown are offered as CFDs unless otherwise stated. Crypto CFDs do not provide ownership of the underlying cryptoasset. Product availability varies by region.
Complaints & track record
Established Sydney-born broker (2007, formerly AxiTrader) with a genuine multi-regulator footprint — and a documented ASIC enforcement history that we show with official sources. Which entity onboards you determines whether any of the tier-1 protections apply.
Axi — common questions
Is Axi regulated?
Axi is regulated by ASIC (Australia), FCA (United Kingdom), CySEC (Cyprus), DFSA (Dubai (DIFC)), FSA (St Vincent & the Grenadines). Client funds are held in segregated accounts, with FSCS up to £85,000 (UK-entity clients); ICF up to €20,000 (EU-entity clients). The applicable licence and investor-protection scheme depend on the legal entity that onboards you, which varies by country — confirm the specific licence on the regulator's official register before depositing.
What is the minimum deposit at Axi?
Axi minimum deposit is $0. Deposit methods include Card, Bank transfer, Skrill, Neteller, Local methods. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply.
How long do withdrawals take at Axi?
Typical withdrawal time is 1–3 days (bank transfers). Actual speed depends on your payment method and identity verification.
Is Axi good for beginners?
Axi is better suited to traders with some experience (beginner score 78/100). Beginners may prefer a simpler, lower-risk platform.
How does Clarytrade make money from this review?
If you open an account through our link, Axi pays us a commission at no extra cost to you. It does not affect our score — commission is weighted 0% in our method.
This is a research-based review. We use published broker information, regulatory registers, pricing disclosures and platform documentation, scored against our published 8-criteria method— we don't claim live account testing unless stated. Figures are indicative; verify current terms with Axi before depositing. We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
