Axi is one of the forex brokers headquartered in Australia.
The maximum leverage is 1,000 times, and it also offers features such as automated trading in copy trading.
The trading software includes MT4 and MT5, as well as PsyQuation using AI.
What is Axi?
Axi is a forex broker registered in Saint Vincent and the Grenadines.
Axi’s headquarters is in Sydney, Australia, and it has business locations in over eight countries worldwide, including Cyprus.
Axi is one of the leading companies in the FX industry.
Company Information of Axi
Below is the company information of Axi.
| FX Broker | Axi |
|---|---|
| Established | 2007 |
| Operating Company | AxiCorp Financial Services Pty. Ltd. |
| CEO | Mr. Rajesh Yohannan |
| Headquarters | Sydney, Australia |
| Address | Level 13, 73 Miller Street, North Sydney, NSW 2060 Australia |
| Business Locations | Sydney, Cyprus, Philippines, Singapore, Dubai, Germany, London, China, Latin America, South Africa |
| Financial License | SVG FSA and others |
| Customer Asset Management | Segregated management |
| Support Hours | Weekdays from 9 AM to 8 PM |
President of Axi
The president of the FX broker Axi is Mr. Rajesh Yohannan.
Below is a list of Axi’s executive officers.
| Position | Name |
|---|---|
| CEO | Mr. Rajesh Yohannan |
| CCO | Mr. Louis Cooper |
| CRO | Mr. Simon Hodgkiss |
| COO | Mr. Gavin Ward |
| CFO | Mr. Himanshu Kher |
| Head of Trade | Mr. Paul Kiff |
Financial Licenses & Regulations of Axi
Axi holds multiple financial licenses and regulations, including in Saint Vincent and the Grenadines.
Below is the registration information of Axi under the financial license and regulation of Saint Vincent and the Grenadines.
| Financial License | SVG FSA |
|---|---|
| Country | Saint Vincent and the Grenadines |
| Registered Company | AxiTrader Limited |
| Address | Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines |
| Number | 25417 BC 2019 |
Below is the registration information of Axi under the financial license and regulation of Australia.
| Financial License | ASIC |
|---|---|
| Country | Commonwealth of Australia |
| Registered Company | AxiCorp Financial Services Pty Ltd |
| Address | Level 13, 73 Miller Street, North Sydney, NSW 2060 Australia |
| Number | ACN 127 606 348 |
| AFSL Number | 318232 |
Below is the registration information of Axi under the financial license and regulation of the United Kingdom.
| Financial License | FCA |
|---|---|
| Country | United Kingdom of Great Britain and Northern Ireland |
| Registered Company | AxiCorp Limited |
| Registration Number | 06378544 |
| Reference Number | 509746 |
Click here for the latest license information
The Financial Commission Registration of Axi
Axi is registered with the The Financial Commission as one of the Forex brokers.
The Financial Commission is a third-party committee that arbitrates disputes between traders and Forex brokers, and can also provide compensation up to 20,000 euros to traders.
In addition, Axi is insured up to $1 million separately from The Financial Commission.
Axi’s Awards and Sponsorship Agreements
Axi is the official online trading partner of Manchester City F.C.
Below is a list of major awards recently won by Axi.
- Best Forex Broker Middle East 2019 by forex-awards com
- Best EMEA Region Broker 2020 by ADVFN International Financial Awards
- Best Trading Loyalty Program 2021 by Professional Trader Awards
- Best CFD Provider 2021 by Shares Awards
They have also signed a partnership agreement with the Brazilian soccer club ‘Esporte Clube Bahia (EC Bahia)’.
Furthermore, they have entered into a partnership with Girona FC, which belongs to Spain’s La Liga. (Added on August 10, 2023)
Axi’s Account Opening Campaign
Forex broker Axi is hosting account opening campaigns such as a 100% deposit bonus.
Below are the account opening campaigns and bonuses that Axi has offered so far.
- $50 Account Opening Bonus
- $200 Account Opening Bonus
- 100% Deposit Bonus
- Premium Account Free Upgrade Campaign
Axi also operates a prop firm called Axi Select, similar to Fintokei.
The latest bonuses can be found on the Axi account opening campaign page.
Axi’s Loyalty Program (Points Program)
Forex broker Axi does not offer a loyalty program.
The latest bonuses and account opening campaigns at Axi can be checked on the campaign page.
Axi’s Tradable Instruments
Below are the categories of instruments that can be traded on Axi’s FX accounts.
- FX currency pairs
- Precious metals (Metals)
- Energy
- Commodities
- Stock indices (Indexes)
- Individual stocks/securities
- Cryptocurrencies (Cryptocurrency assets)
With one Axi trading account, you can not only trade FX currency pairs such as USD/JPY but also leverage trades on gold (gold), silver (silver), WTI crude oil, Brent crude oil, the Nikkei stock average, US stocks, UK stocks, and European stocks.
Axi’s Security CFDs
Below are the foreign stocks that can be traded with Axi.
- UK stocks
- European stocks
- US stocks
- Hong Kong stocks
The latest list of tradable instruments can be checked by logging into trading tools (trading platforms/trading software) such as MT4 or MT5, Web Trader.
Axi’s Maximum Leverage
The maximum leverage for Axi’s FX accounts is 1,000 times.
Below is the maximum leverage for each category of instruments tradable on Axi’s FX accounts.
Axi’s Cryptocurrency FX
Forex broker Axi also offers cryptocurrency FX.
Below are the cryptocurrencies (cryptographic assets, cryptocurrencies) that can be traded with Axi.
The maximum leverage for cryptocurrency FX (cryptocurrency CFD, Bitcoin FX) is 200 times.
Start trading cryptocurrencies here!
Axi’s Trading Software
Below are the trading software options available for Axi’s FX accounts.
- MT4 (MetaTrader 4)
- MT5 (MetaTrader 5)
- PsyQuation
- Web Trader
PsyQuation is a trading tool (trading platform) that uses AI.
Additionally, Axi’s FX accounts also allow for automated trading using MyFXBook (My FX Book) and ZuluTrade.
Free download of trading tools here
Axi’s Trading Environment and Conditions
Below are the features and advantages of the trading environment and conditions for Axi’s FX accounts.
- Axi’s maximum leverage is 1,000 times
- Axi’s minimum spread is 0 pips
- Price delivery from over 20 major liquidity providers
- Axi’s minimum deposit amount is 1 USD
- Axi has a zero stop level
There is no minimum deposit amount set, allowing for small investments starting from just 1 dollar.
Also, while accounts with narrow spreads and low trading costs incur transaction fees (external fees), some CFD instruments other than FX currency pairs do not incur these fees.
Axi’s Account Types
Below are the types of accounts where you can choose your trading environment and conditions at Axi.
Axi’s Elite Account offers the lowest trading costs with zero spread (zero spread) and is recommended for traders who trade large lots.
Trading Environment and Conditions for Axi’s Standard Account
Below are the trading environment and conditions for Axi’s Standard Account.
| Account Type | Standard Account |
|---|---|
| Trading Software | MT4, MT5, PsyQuation, Web Trader |
| Maximum Leverage | 1,000 times |
| Base Currency of the Account | Japanese yen account, US dollar account, euro account, pound account, Australian dollar account, Canadian dollar account, Swiss franc account, Hong Kong dollar account, New Zealand dollar account, Singapore dollar account |
| Minimum Deposit Amount | 0 USD |
| Tradable Instruments | Currency pairs, precious metals, energy, stock indices, individual stocks, cryptocurrency pairs |
| Contract Size | 100,000 currency units per lot |
| Minimum Lot Size | 0.01 lots |
| Number of Decimal Places Displayed | Up to five decimal places |
| Minimum Spread | 0.4 pips |
| Transaction Fees | Free |
| Stop Limit Level | Stop level 0 |
| Scalping | No trading restrictions |
| Hedging | Allowed |
| Automated Trading | EA usage allowed |
| Copy Trading | ZuluTrade, MyFXBook, MQL5 Signals |
| Free VPS Usage | Conditions apply |
| Autochartist | Free usage |
| Demo Account | Not available |
| Margin Call Level | 100% |
| Stop Out Level | 20% |
| NBP Support | Under review, no additional margin required |
Axi is also adjusting to offer free demo accounts.
Trading Environment and Conditions for Axi’s Premium Account (Pro Account)
Below are the trading environment and conditions for Axi’s Premium Account (Pro Account).
| Account Type | Premium Account (Pro Account) |
|---|---|
| Trading Software | MT4, MT5, PsyQuation, Web Trader |
| Maximum Leverage | 1,000 times |
| Base Currency of the Account | Japanese yen account, US dollar account, euro account, pound account, Australian dollar account, Canadian dollar account, Swiss franc account, Hong Kong dollar account, New Zealand dollar account, Singapore dollar account |
| Minimum Deposit Amount | 500 dollars |
| Tradable Instruments | Currency pairs, precious metals |
| Contract Size | 100,000 currency units per lot |
| Minimum Lot Size | 0.01 lots |
| Number of Decimal Places Displayed | Up to five decimal places |
| Minimum Spread | 0.0 pips |
| Transaction Fees | $7 per round trip lot |
| Stop Limit Level | Stop level 0 |
| Scalping | No trading restrictions |
| Hedging | Allowed |
| Automated Trading | EA usage allowed |
| Copy Trading | ZuluTrade, MyFXBook, MQL5 Signals |
| Free VPS Use | Conditions Apply |
| Autochartist | Free of Charge |
| Demo Account | Cannot be Opened |
| Margin Call Level | 100% |
| Stop Out Level | 20% |
| NBP Support | Subject to Approval, No Additional Margin |
Axi’s FX accounts allow automated trading with the use of Myfxbook.
Trading Environment and Conditions for Axi’s Elite Accounts
Here are the trading environment and conditions for Axi’s Elite accounts.
| Account Type | Elite Account |
|---|---|
| Trading Software | MT4, PsyQuation, Web Trader |
| Maximum Leverage | 1,000 times |
| Base Currency of Account | USD Account, Euro Account, Pound Account, AUD Account |
| Minimum Deposit | $25,000 |
| Tradable Instruments | Currency Pairs, Precious Metals |
| Contract Size | 100,000 currency units per lot |
| Minimum Lot Size | 0.01 lots |
| Decimal Places Shown | Up to five decimal places |
| Minimum Spread | 0.0 pips |
| Trading Commission | $3.5 per round lot |
| Stop Limit Levels | Stop level 0 |
| Scalping | No trading restrictions |
| Hedging | Possible |
| Automated Trading | EA (Expert Advisor) Supported |
| Copy Trading | ZuluTrade, MyFXBook, MQL5 Signals |
| Free VPS Use | Conditions Apply |
| Autochartist | Free of Charge |
| Demo Account | Cannot be Opened |
| Margin Call Level | 100% |
| Stop Out Level | 20% |
| NBP Support | Subject to Approval, No Additional Margin |
The trading costs for an Elite account are on average 50% lower compared to a Standard account.
How to Open an AXI Elite Account
You can open an AXI Elite account by upgrading from a Premium account that has already deposited a total of $25,000 and traded $50 million per month.
- Total deposit of $25,000 or more
- Monthly trading volume of $50 million (500 lots)
- A Premium account that meets conditions 1 and 2
Currency Amount Per Lot at Axi
For currency pairs at FX broker Axi, one lot equals 100,000 currencies.
From the end of 2022, it is also possible to trade currency pairs in mini lots of 10,000 currencies (Note added on December 25, 2022).
For currency pairs in mini lots, trading can be conducted with a smaller amount of margin than usual contract sizes.
Open a Mini Lot Trading Account Here
Axi’s VPS Hosting Services
Below is a list of VPS hosting services provided by Axi.
| VPS | Monthly Fee |
|---|---|
| FOREXVPS | $36 |
| METATRADER | $10 |
| COMMERCIAL NETWORK | $35 |
For the latest VPS hosting services, please contact customer support via Axi’s live chat.
Axi’s Copy Trading
At FX broker Axi, you can also engage in copy trading.
Opening an FX account at Axi makes it easy to start copy trading.
At Axi, you can also use accounts like PAMM and MAM for automated trading.
Learn More About Copy Trading Here
Axi’s Demo Account
FX broker Axi offers demo accounts denominated in USD only (Note added in January 2023).
A demo account with $50,000 in margin allows you to experience free virtual trading for 30 days.
Axi’s Deposit and Withdrawal Methods
Below are the deposit and withdrawal methods available at Axi.
- Credit Card
- Debit Card
- bitwallet
- Bitcoin (Bitcoin/BTC)
- Ethereum (Ethereum/ETH)
- Litecoin (Litecoin/LTC)
- Stellar Lumens (Stellar Lumens/XLM)
- Ripple (Ripple/XRP)
- Tether (Tether/USDT)
- Domestic Bank Transfer
VISA and Mastercard payment methods are supported (There may be periods when card payments are temporarily unavailable).
My-banq Domestic Bank Transfers
At FX broker Axi, you can make deposits and withdraw profits using My-banq’s domestic bank transfer service.
- Deposits reflected in just a few minutes after account transfer, at most within 30 minutes
- Available 24/7, 365 days a year, regardless of weekends or holidays
- From withdrawal request to bank account reflection in 2 to 4 hours
Additionally, Axi will soon support deposits and withdrawals via bitwallet and Tether (USDT TRC20).
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