Clarytrade
23 brokers indexedcommission weighted 0%
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.36% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Axi logo
Higher riskMedium regulationwe earn

Axi Review (2026)

Follow research updates for Axi →

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 ↓

ForexCFDCrypto CFDIndicesCommodities+1
Reviewed by Aleksandr Filatov Review updated 17 Aug 2026 Regulatory data checked 23 Sept 2026
0
Clarity Score

Out of 100 · 8 weighted criteria.
Commission has 0% weighting.

View score breakdown
66.36% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Checking availability…See if it fits how you trade →
Real cost
84/100
$$···
Withdrawal
1–3 daysBank transfers
Min deposit
$0
Regulation
Medium
79/100
Max leverage
—
global entity; retail limits — UK: up to 30:1; EU: up to 30:1; Australia: up to 30:1

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.

Biggest strength: 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
Watch out: Rest-of-world clients sit under AxiTrader LLC (SVG) — an entity Axi's own agreement says is not regulated for FX/CFD business

Best for

  • MT4/MT5 traders
  • Fee-focused accounts
  • Low entry

Not best for

  • US residents
  • Broad multi-asset range
  • Crypto self-custody
Why this score

Score breakdown

Regulation & safety · 25% weight79
Fees & all-in cost · 20% weight84
Platform & app quality · 15% weight78
Asset coverage · 10% weight70
Deposits & withdrawals · 10% weight84
Reputation & complaints · 8% weight76
Customer support · 7% weight78
Transparency · 5% weight80

Affiliate commission is weighted 0% and never affects this score.

Safety

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)Verified on registerchecked 2026-09-23
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
Accepts clients fromAxi excludes Ontario, Canada. Clarytrade currently records country rather than province, so Canadian referrals remain under review until provincial eligibility can be checked. This is not a claim that Axi excludes all of Canada.
Compensation schemeFSCS 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 →

Licence evidence for Axi — what we checked, when
AxiCorp Financial Services Pty LtdASIC 318232Verified on register2026-08-22
Axi Financial Services (UK) LimitedFCA 466201Verified on register2026-09-09
Solaris EMEA LimitedCySEC 433/23Verified on register2026-08-18
AxiCorp Financial Services Pty Ltd (DIFC Branch)DFSA F003742Verified on register2026-09-23
AxiTrader LLCFSA 4303 LLC 2025Verified on register2026-08-17
Regulatory history (documented)
  • 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.

Entity check

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 entityRegulatorTypically onboardsProtection notes
AxiCorp Financial Services Pty Ltd
Australia
ASIC (Tier 1)

AFSL 318232 per Axi's own Financial Services Guide (read first-hand); ASIC register read pending. Note documented history: 2020 licence suspension (stayed on appeal) and 2021 additional conditions — official ASIC media releases linked on the profile.

AUNo compensation scheme identified
Axi Financial Services (UK) Limited
United Kingdom
FCA (Tier 1)

FRN 466201 named as a genuine authorised firm on the FCA's own clone-firm warning page and used in Axi's current UK product schedule; direct FCA register read pending. Beware clones — the FCA has warned about three separate Axi impersonators.

GBFSCS — up to £85,000 for eligible clients.
Solaris EMEA Limited
Cyprus
CySEC (Tier 2)

CySEC 433/23 / HE376148 per the axi-solaris.com/eu footer (read first-hand 2026-08-17), which states services are provided exclusively to EU residents; CySEC register read pending. This entity's site displays its own loss figure (67.24% at our check).

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, SEICF — up to €20,000 for eligible clients.
AxiCorp Financial Services Pty Ltd (DIFC Branch)
Dubai (DIFC), UAE
DFSA (Tier 2)

DFSA reference F003742 verified on 23 September 2026, with a retail endorsement for Arranging Deals in Investments (Futures). This entry does not establish execution or custody permission; confirm the separate trading counterparty in the client agreement.

AENo compensation scheme identified
AxiTrader LLC
St Vincent & the Grenadines
FSA (SVG) (Tier 3)

Axi's own client agreement (effective 7 Jul 2026, read first-hand) states the SVG FSA 'does not regulate, monitor, supervise or licence margin FX and contracts for difference issuers' — this rest-of-world entity is a company registration (4303 LLC 2025), not a trading licence. Crypto under this entity is custodial buy-only with no external transfers.

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.

Cost

Fees & spreads

Real cost score (higher = cheaper all-in)
84/100
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
Markets

Products & markets

ForexCFDCrypto CFDIndicesCommoditiesMetals

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.

Risk warning. CFDs and leveraged products are complex and high-risk. In the broker disclosures we track, 65% to 81% of retail investor accounts lose money trading CFDs (figures by entity, read September 2026). Whether losses can exceed your deposit depends on the entity that onboards you: negative-balance protection is mandatory for retail clients under FCA, ESMA and ASIC rules, not at every offshore entity. Only trade with money you can afford to lose.

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.

Reputation

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.

FAQ

Axi — common questions

Is Axi regulated?

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.

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.

How we reviewed this

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.

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