Axi Review 2026 – Raw Spreads for Serious Traders
Trade from 0.0 pips with true ECN execution and no minimum deposit. Our expert analysis of Axi's platform for scalpers, day traders, and algorithmic trading.
Axi Overview – ECN Broker Since 2007
Axi (formerly AxiTrader) is an Australian-founded broker that has built its reputation on providing institutional-grade trading conditions to retail traders. Regulated by ASIC, FCA, and other authorities, Axi focuses on what matters most to serious traders: tight spreads, fast execution, and reliable platform access.
What Sets Axi Apart
Having tested Axi's platform extensively, several characteristics distinguish them from the crowded broker landscape:
Core Strengths
- True ECN Execution: Unlike market makers, Axi connects you directly to liquidity providers with no dealing desk intervention
- Zero Barrier to Entry: No minimum deposit on any account type is rare in the industry and makes professional-grade trading accessible
- Transparent Pricing: What you see is what you pay - no hidden fees, no inactivity charges
- Scalper-Friendly: No restrictions on trading styles, including high-frequency scalping
Key Metrics
- Founded: 2007 in Sydney, Australia
- Execution Speed: Average under 30ms
- Daily Volume: $100B+ in notional value
- Active Clients: 60,000+ globally
- Trading Servers: NY4, LD4 data centers
Who Uses Axi?
Axi's client base skews toward more experienced traders who understand what they need. You'll find:
- Forex Day Traders: Attracted by raw spreads and fast execution for intraday strategies
- Scalpers: No restrictions and sub-30ms execution suit high-frequency approaches
- EA Developers: Free VPS and MT4/MT5 support make it ideal for automated trading
- Professional Traders: Institutional-grade conditions without institutional minimums
The Bottom Line
Axi isn't trying to be everything to everyone. They've chosen to focus on doing ECN forex trading exceptionally well rather than spreading themselves thin. If you're a serious forex trader who values execution quality and cost efficiency over flashy features, Axi deserves serious consideration.
Complete Axi Company Overview
Essential company information, trading conditions, and account details
Deposits & Accounts
- Minimum Deposit: $0
- Base Currencies: USD, EUR, GBP, AUD
- Islamic Account: Available
Trading Conditions
- Max Leverage: 1:500
- Instruments: 220+
- Execution: ECN/STP
Company Info
- Founded: 2007
- Headquarters: Sydney, Australia
- Regulations: ASIC, FCA, DFSA, FMA
Why Choose Axi in 2026?
Raw ECN spreads, zero fees, and institutional-grade execution without the institutional minimums.
this broker Key Features
What makes this broker stand out
Raw ECN Spreads
Trade from 0.0 pips with true institutional liquidity
No Minimum Deposit
Start trading with any amount you choose
Free VPS Hosting
Run EAs 24/7 with complimentary server access
MT4 & MT5 Support
Full platform access with all features enabled
Fast Execution
Average execution under 30ms with no dealing desk
No Hidden Fees
Zero deposit, withdrawal, and inactivity fees
Open an Axi Account
Follow these simple steps
1. Register
Complete online application in under 5 minutes
2. Verify
Upload ID and proof of address for instant verification
3. Fund
Deposit any amount - no minimum required
4. Trade
Access MT4/MT5 and start trading immediately
Axi Fees & Trading Costs
One of the most competitive fee structures in the industry, with raw spreads from 0.0 pips and zero non-trading fees.
Fee Comparison: Axi vs Industry Average
Compare features, pricing, or specifications
| Fee Type | Axi Standard | Axi Pro | Industry Average |
|---|---|---|---|
| EUR/USD Spread | 1.0 pips | 0.0 pips | 1.2 pips |
| Commission | $0 | $7/lot | $7/lot |
| Overnight (Swap) | Standard rates | Standard rates | Standard rates |
| Deposit Fees | Free | Free | Free |
| Withdrawal Fees | Free | Free | $25 |
| Inactivity Fee | None | None | $10/month |
Cost Analysis:
Axi offers some of the most competitive trading costs in the industry, especially for forex traders on the Pro account. The combination of 0.0 pip spreads plus $7 commission results in all-in costs that beat most competitors. The Standard account with 1.0 pip spreads and no commission suits traders who prefer simplicity.
Is Axi Safe? Regulation & Security
Multi-jurisdictional tier-1 regulation from ASIC, FCA, and other authorities ensures strong client protection.
Safety & Regulation
Licensed across multiple tier-1 jurisdictions with client fund protection
Safety & Regulation
Licensed across multiple tier-1 jurisdictions with client fund protection
Safety & Regulation
Licensed across multiple tier-1 jurisdictions with client fund protection
Safety & Regulation
Licensed across multiple tier-1 jurisdictions with client fund protection
Trading Platforms
Full MT4 and MT5 support with free VPS hosting for algorithmic traders.
Trading Platforms
Choose from multiple professional trading platforms
MetaTrader 4
Industry-standard platform with advanced charting, Expert Advisor support, and one-click trading.
- Expert Advisors
- One-Click Trading
- Custom Indicators
- 9 Timeframes
MetaTrader 5
Next-generation platform with more timeframes, enhanced order types, and multi-asset support.
- Multi-Asset Trading
- Depth of Market
- Economic Calendar
- 21 Timeframes
Axi Copy Trading
Copy successful traders directly within your MT4/MT5 account with risk management controls.
- Strategy Selection
- Risk Management
- Performance Analytics
- Auto-Allocation
Account Types
Three account options to match different trading styles and volumes.
Standard Account
- No minimum deposit
- All-in spreads
- MT4/MT5 access
- Demo available
Best for: Beginners and casual traders who prefer no-commission pricing
Pro Account
- Raw ECN spreads
- Institutional liquidity
- Free VPS eligible
- EA-friendly
Best for: Scalpers, day traders, and algorithmic traders
Elite Account
- Lowest commissions
- Dedicated account manager
- Priority support
- VIP events
Best for: High-volume professional traders
Deposits & Withdrawals
Zero fees on all payment methods with fast processing times.
Payment Methods
Multiple ways to fund your account and withdraw profits
| Method | Deposit Time | Withdrawal Time | Deposit Fee | Withdrawal Fee | Min/Max |
|---|---|---|---|---|---|
 Bank Transfer | 1-3 business days | 1-3 business days | Free | Free | $0 / No limit |
 Credit/Debit Card | Instant | 3-5 business days | Free | Free | $0 / $50,000 |
 Skrill | Instant | 24 hours | Free | Free | $0 / $10,000 |
 Neteller | Instant | 24 hours | Free | Free | $0 / $10,000 |
 POLi | Instant | N/A | Free | N/A | $0 / Bank limits |
Withdrawal & Payment Information
Complete overview of payment processing, fees, and conditions
Key Details
Quick Analysis
Trading Instruments
220+ instruments across forex, indices, commodities, cryptocurrencies, and share CFDs.
Trading Instruments
Access global markets with competitive conditions
Major, minor, and exotic currency pairs with institutional liquidity and raw spreads
Global stock indices including US, European, and Asian markets
Precious metals, energy, and agricultural commodities
Major cryptocurrencies traded as CFDs with competitive spreads
Top global stocks from US, UK, and Australian exchanges
Axi Pros & Cons
Our honest assessment after extensive testing.
Pros & Cons
Balanced evaluation of advantages and disadvantages
Pros
- Pro: Raw spreads from 0.0 pips on Pro account
- Pro: No minimum deposit requirement on any account
- Pro: Fast ECN execution with average speed under 30ms
- Pro: Full MetaTrader 4 & 5 support with all features
- Pro: Free VPS hosting for active traders
- Pro: Zero deposit, withdrawal, and inactivity fees
- Pro: Strong tier-1 regulation (ASIC, FCA)
- Pro: Excellent for scalpers and algorithmic traders
- Pro: Copy trading integration available
- Pro: Multiple account base currencies
Cons
- Con: Limited educational resources for beginners
- Con: Smaller instrument selection than some competitors
- Con: Basic research and analysis tools
- Con: No proprietary trading platform
- Con: Copy trading features less developed than eToro
- Con: Elite account requires $25,000 minimum
Frequently Asked Questions
Everything you need to know about Axi.
Frequently Asked Questions
Is Axi a good broker for beginners?
Axi can work for beginners due to its no minimum deposit policy and demo account, but it's better suited for intermediate to advanced traders. The platform focuses on raw spreads and fast execution rather than extensive educational content. If you're new to trading, consider starting with their free demo account to practice.
What is Axi's minimum deposit?
Axi has no minimum deposit requirement on any account type - Standard, Pro, or even the Elite account (though Elite requires $25,000 for reduced commissions). You can open and fund an account with any amount you choose, making it accessible for traders of all sizes.
Does Axi offer true ECN execution?
Yes, Axi provides true ECN/STP execution with no dealing desk intervention. On the Pro account, you get raw spreads from 0.0 pips with direct access to institutional liquidity providers. Average execution speed is under 30 milliseconds.
Can I use Expert Advisors (EAs) with Axi?
Absolutely. Axi fully supports Expert Advisors on both MT4 and MT5 platforms with no restrictions. They also offer free VPS hosting for traders who maintain minimum volume requirements, ideal for running EAs 24/7 without interruption.
What leverage does Axi offer?
Axi offers leverage up to 1:500 for professional clients and traders in less regulated jurisdictions. Retail clients in the UK, Australia, and EU are subject to regulatory leverage limits (1:30 for major forex pairs, 1:20 for minor pairs, etc.).
Does Axi charge withdrawal fees?
No, Axi does not charge any fees for deposits or withdrawals. All payment methods are completely free. Processing times vary by method - e-wallets are fastest (24 hours), while bank transfers take 1-3 business days.
Is Axi regulated and safe?
Yes, Axi is regulated by multiple tier-1 authorities including ASIC (Australia), FCA (UK), DFSA (Dubai), and FMA (New Zealand). Client funds are held in segregated accounts with top-tier banks, providing strong protection.
What is the difference between Standard and Pro accounts?
The Standard account has spreads from 1.0 pips with no commission, while the Pro account offers raw spreads from 0.0 pips plus a $7 per lot commission. For most active traders, the Pro account offers better value due to the tighter spreads.
Does Axi offer a free VPS?
Yes, Axi offers free VPS hosting for traders who maintain consistent trading volume. The VPS is hosted on high-performance servers with low latency connections to Axi's trading servers, making it perfect for running Expert Advisors and automated strategies.
What platforms does Axi support?
Axi supports MetaTrader 4 and MetaTrader 5 on desktop, web, and mobile. They also offer Axi Copy Trading for those who want to follow successful traders. All platforms include advanced charting, one-click trading, and full EA support.
Analyst Recommendation
We recommend Axi for experienced forex traders, scalpers, day traders, and anyone running Expert Advisors who wants reliable ECN execution without paying for features they don't need.
Axi does one thing exceptionally well: provide fast, low-cost forex trading with institutional-grade execution. If that's what you need, it's hard to beat their combination of raw spreads, no fees, and free VPS.
Best For
- Scalpers and day traders
- Algorithmic/EA traders
- Cost-conscious professionals
- Forex-focused traders
- Those wanting raw spreads
- VPS users
Not Ideal For
- Complete beginners needing education
- Those wanting a proprietary platform
- Traders needing extensive research
- Stock/ETF focused investors
*We may receive compensation when you sign up with our partners. This doesn't influence our honest review.
Our Assessment
After comprehensive testing and analysis, Axi earns its reputation as one of the best ECN brokers for forex-focused traders. Here's our final take:
What Axi Does Exceptionally Well
- Trading Costs: The combination of 0.0 pip spreads and $7 round-turn commission on the Pro account makes Axi one of the most cost-effective choices for active traders
- Execution Quality: Sub-30ms execution with no dealing desk intervention delivers on the ECN promise
- Accessibility: No minimum deposit removes barriers to accessing professional trading conditions
- Transparency: Zero hidden fees, no inactivity charges, clear pricing structure
- EA Support: Full MetaTrader functionality with free VPS for qualifying traders
Where Axi Falls Short
- Education: Limited learning resources compared to eToro or IG
- Research: Basic analysis tools; serious researchers may need supplementary services
- Instrument Range: Forex-focused; fewer stocks and ETFs than multi-asset platforms
- Innovation: No proprietary platform or advanced charting integration
Who Should Choose Axi?
Ideal For:
- Forex day traders and scalpers
- Algorithmic traders running EAs
- Cost-conscious professionals
- Those who value execution over features
- MetaTrader power users
Look Elsewhere If:
- You're a complete beginner needing education
- You want stocks, ETFs, and bonds
- You need advanced research tools
- You prefer social trading features
- You want a proprietary platform
The Bottom Line
Axi is a specialist, not a generalist. They've focused on doing forex trading exceptionally well rather than being mediocre at everything. If you're an experienced forex trader who knows what you need -tight spreads, fast execution, MT4/MT5 support -Axi delivers. If you're looking for a do-everything platform with extensive education and research, look elsewhere.
Our Rating: 4.3/5 - Excellent for forex traders prioritizing cost and execution. Limited appeal for beginners or those seeking a broader product range.
✓ Best For
- Scalpers and day traders
- Algorithmic/EA traders
- Cost-conscious professionals
- Forex-focused traders
- Those wanting raw spreads
- VPS users
✗ Not Ideal For
- Complete beginners needing education
- Those wanting a proprietary platform
- Traders needing extensive research
- Stock/ETF focused investors
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