Axi: This article will thoroughly explain the latest features, reputation, reviews, advantages, disadvantages, and safety of overseas FX companies. Axi is an Australian FX company established in 2007, and is known for having a large number of users. It is a very popular broker due to its narrow spreads and high degree of trading freedom, so I hope you will find it useful.
Basic information about Axi
We will explain the basic information about Axi. Axi is an FX broker established in Australia in 2007. Of course, it is licensed by the Financial Services Agency and is one of the famous brokers with many users. All account types offer up to 1,000 times leverage. We will explain based on the latest information. It is a trending broker. It does not stand out much when compared in popularity rankings, but it is attracting the attention of many people.
| Broker | Axi |
| Established | 2007 |
| Max Leverage | 1000x |
| License | SVG ASIC FSA |
| Trading Tool | MT4 |
Has a financial license
Since the group has obtained financial licenses, everyone can use Axi’s content with peace of mind. We have already obtained multiple financial licenses in the UK and Australia, including SVG, ASIC, and FSA. With Axi, you can trade with peace of mind under the authorization of the St. Vincent and the Grenadines Financial Supervisory Authority (SVG FSA). We have not received any warnings, and once you register, you can start by holding positions with EA or scalping.
| Regulatory authorities | License/Regulatory Number | |
| Axi Financial Services | UK Financial Conduct Authority (FCA) | 466201 |
| AxiCorp Financial Services Pty Ltd | Australian Securities and Investments Commission (ASIC) | AFSL 318232 |
| Vantage International Group Limited | Dubai Financial Services Authority (DFSA) | F003742 |
| AxiCorp Financial Services Pty Limited | Financial Markets Authority of New Zealand (FMA) | FSP518226 |
| AxiTrader Limited | Saint Vincent and the Grenadines Financial Supervisory Authority (SVG FSA) | 25417 BC 2019 |
| Solaris EMEA Limited | Cyprus Securities and Exchange Commission (CySEC) | 433 / 23 |
Separate management
Axi manages funds through separate management. The company’s working capital and customer assets are managed separately, so customer funds will not be misused. The functions are also good, so there is no bad reputation. It is a top-class broker, so if you manage your funds well, you will win.
Financial Commission
In June 2019, it joined the Financial Commission, an organization that specializes in resolving disputes between brokers and traders. If there is a complaint from a customer who is an independent third-party organization from the Financial Commission, the Financial Commission will make a fair ruling and provide compensation to the customer. The operation is very reliable.
Withdrawal refusals have not occurred
There have been no significant withdrawal refusals in the past due to settings, etc., so users are provided with an environment where they can trade with confidence. Let’s log in and take a look at the details. It is also attractive that you can download your trading history. If you have any trouble or problems with the above later, you can contact the official customer via chat.
Zero cut adopted
An important zero cut is adopted. This means that there is no margin call, so you can trade with peace of mind. If your balance goes negative and the loss cut is not implemented in time, the company will cover the cost. This is a good point compared to other companies in Japan, and it is possible to reduce the risk of loss. You can decide for yourself and start directly.
About Axi’s features
We will explain the features of Axi in detail, such as spreads, lots, and account types. In addition to this, if you open an account, there are also trading contests, so we recommend it. It is a broker with the latest trends, so we will explain it. You can check the disclaimer and terms of use from the home page and start at your own risk. Feel free to take advantage of the zero cut system and other mechanisms to aim for profits. Let’s summarize the contents later.
Account Type
There are three types of accounts available: Standard, Pro, and Elite. The official website also has information about the unique accounts. The leverage is high by utilizing the margin, and the stop loss level is also set firmly. There are three types of accounts that can be actually used in the industry, so it is a good deal. Let’s open an account. There are many types, so it’s a good deal.
| Standard Account | Pro Account | Elite Account | |
| Setup cost | Free | Free | Free |
| Spreads | From 0.9 pips | From 0.0 pips | From 0.0 pips |
| Commission | None | $7 round trip | $3.50 round trip |
| Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Minimum deposit | $0 | $0 | $25,000 |
| Products* | 290+ CFDs | 290+ CFDs | 290+ CFDs |
| Pricing | 5 digit pricing | 5 digit pricing | 5 digit pricing |
| Mobile trading | Yes | Yes | Yes |
| MT4 NexGen | Yes | Yes | Yes |
| Margin/Leverage | Up to 500:1 | Up to 500:1 | Up to 500:1 |
| Base account currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD | USD, EUR, GBP, AUD, NZD |
| Axi Select | Yes | Yes | No |
| EA compatibility | Yes | Yes | Yes |
| VPS | Subscription available | Subscription available | Free |
| Autochartist | Free | Free | Free |
Standard Account
Standard Account is recommended for those who want to try Axi or beginners. FX currency pairs/precious metals/energy/commodity/stock index/stock/cryptocurrency can be traded. There is no minimum deposit amount, so even beginners to overseas FX can use this account type with ease. There are no transaction costs, so you can start without risk.
Premium Account
Premium Account supports FX currency pairs/precious metals/energy/commodity/stock index/stock/cryptocurrency, and is recommended for those who are familiar with trading, intermediate, and advanced. Although there is a transaction fee for round trip, the spread is very narrow, so it is also recommended for scalping.
Elite Account
Elite Account supports FX currency pairs/precious metals/energy/commodity/stock index/stock/cryptocurrency, and is recommended for those who are familiar with trading, intermediate, and advanced. Although there is a transaction fee for round trip, the spread is very narrow, so it is also recommended for scalping. FX trading can be done with the narrowest spread.
Maximum leverage of 1,000x
Regardless of the account type, a maximum leverage of 1,000x is offered. You can aim for big profits with little capital. Currently, it is not inferior to major companies. It can be set and implemented according to your level. You can trade pairs with minimal capital. There are few restrictions, so it is recommended for starting.
Abundant trading tools
There are abundant trading tools, and advanced market analysis can be performed with Autochartist and Trading Central. In addition, the platform supports MT4 (metatrader). You can also apply long and short positions and scalping, so consider it. You can access it to create the ideal environment. In addition, indicators are also available, so make use of them. It is compatible with Mac and Windows, so you can rest assured.
High contract power
Due to the high contract power, there are very few delays and outages. Since it uses a very robust server, it is an environment where you can trade with confidence. There is no intentional delay, so it is possible to prevent bankruptcy. In addition, support is available in Japanese and English, so you can rest assured.
Free VPS service
There is also a free VPS service. VPS is a virtual computer system that can be operated remotely from anywhere in the world, and is highly recommended for those who want to trade automatically. You can contact the base in advance about dedicated services. You can check the latest information about the contract.
Demo Account
Demo accounts are also available. It is an account where you can experience and practice FX trading using virtual money, so if you are unsure, try using a demo account first. There are also corporate accounts with optimal functions. Make safe trades according to your options. If you can make a profit, you can choose a real account and fight. There is also a zero-cut system, so it is safe.
Deposit methods and fees
We will also explain deposit methods, fees, and withdrawals. Fees for each deposit and withdrawal category are free up to $50,000 per month. When participating, it is fully compatible with small to large amounts, and effective trading is possible overall. The basic principle is to keep costs low and compete in fluctuating markets. Bitwallet and bank transfers are supported.
| Deposit and Withdrawal Methods | Reflection time |
| Bank Transfer | 1–3 days |
| Cryptocurrency | Immediate |
Introducing ratings and reviews
We will introduce ratings and reviews. We will introduce posts based on the world-famous FX broker review site tradersunion. Most of them are in English. You can trade a lot of different stocks depending on your purpose on weekdays. It may become a global provider in the future. If you are interested, please understand the contents before using each one. The spread is also narrow and recommended.
I opened an account with Axi broker six months ago. Before that, I traded with another company, but I had to leave due to disputes with customer support. So far, everything is going fine with Axi. I can’t say it’s a super platform; I’ve encountered a couple of bugs here. During news releases, I noticed price slippage in the broker’s terminal. But I don’t think these are serious issues.
Source : TradersUnion
I’m a newcomer to the world of Forex and chose AxiTrader as my broker, thinking they would assist me. I was wrong! Initially, they promised a personal consultant, but this person was unavailable every time I had questions. When I finally started trading, it seemed to me that the spreads deliberately widened at the moments of my transactions. My account was depleted in no time! I feel like I’ve been deceived! Don’t trust AxiTrader!
Source : TradersUnion
The AxiTrader Pro account is expected to have excellent conditions, with an almost zero spread, instant order execution, and fast processing of withdrawal requests. However, all these favorable conditions are unrelated to AxiTrader as a broker. This is because the platform they provide is one of the worst I have encountered. I do not recommend working with this company.
Source : TradersUnion
Collaborating with AxiTrader will be unprofitable and non-beneficial. Even if this broker offered a functional platform, trading could go well. But how to open a profitable deal with slippages of 30 pips? And these slippages occur out of nowhere. Or requotes. Requotes in the AxiTrader terminal are a common occurrence. Therefore, it is impossible to enter at the right price manually. So, I do not recommend AxiTrader for collaboration!
Source : TradersUnion
Trading with AxiTrader is like playing in a casino. Today I might be lucky and make money. And tomorrow I’ll be unlucky and I’ll lose everything. It is impossible to analyze the market on the AxiTrader platform, because quotes are constantly jumping, and do not correspond to real ones. There is no point in communicating with AxiTrader support service; they either know nothing or only answer questions about funding an account.
Source : TradersUnion
I have tried to withdraw my funds from AxiTrader several times. Each time, the company has canceled my withdrawal requests. I have undergone verification two or three times, changed payment systems, but AxiTrader consistently finds reasons preventing me from withdrawing my profits. It seems very much like the company wants to keep my money.
Source : TradersUnion
Open an account for free
You can open an account for free. You can open an account by clicking the button below. To start, you will need a phone number or email address where you can be contacted. New users can also fill out the form in real life and create an account individually if they agree. In business, investors can trade now with basic knowledge. Start with a small amount.
Enter your name, phone number, and email address on the screen, check the box, and tap “Submit.” You can also select the account type. Once you have entered the required information, upload your identity and address verification documents. It may take up to 24 hours to complete the review. Once approved, you can easily start. Processing may be delayed depending on business hours.
In the step procedure, you will need to submit the specified documents as proof of identity as shown below. The regulations require you to provide various information such as personal information and address. Please submit them at the appropriate time. They are essential for partnering and carrying out activities.
- Driver’s license
- My Number card
- Passport
The following documents are required as proof of address. We recommend this company because the screening hurdles are lower than those of other companies.
- Utility bill
- Bank account certificate
- Resident registration card
- My Number card
- Government-issued tax payment certificate
There are almost no bonus campaigns
Axi’s operating company does not generally hold monthly bonuses or campaigns or account openings, which are always held among the conditions. Basically, you need to trade completely with your own funds from the first time. It is a transparent and trustworthy company with a track record, so let’s actually give it a try. You can apply from the menu. This is the key point, so be careful when you start. Be sure to check the frequently asked questions carefully so you don’t regret it later.
Area of residence
Depending on the area of residence, there are cases where not only orders but even registrations are rejected 100%. You can ask the management staff if your country is eligible during business days. The speed is fast, so the response is also fast. Users can change all kinds of settings automatically from a PC or app. There are also ctraders and other FX brokers with excellent functions and specifications, so if you can use them, use them.
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