Axi review — costs, spreads & regulation

Overview

Legal / official name: AxiCorp Financial Services Pty Ltd (trading as Axi; formerly AxiTrader)
Parent company: AxiCorp / Axi Group (privately held; AxiCorp Financial Services Pty Ltd is the principal operating company, founded Sydney 2007)
Founded: 2007
Headquarters: Sydney, Australia
Publicly listed: False
Accepts customers from: Global via regional entities: Australia (ASIC), UK (FCA), selected EU countries (CySEC via Solaris EMEA / axi-solaris.com), UAE (DFSA branch), rest of world including most of Asia, Africa, LatAm via AxiTrader LLC (SVG).
Notable exclusions: United States (confirmed by Axi support: no CFTC licence, cannot serve US citizens/residents). Int (SVG) site additionally states it is not directed at residents of France, French overseas territories, Australia or New Zealand. Secondary sources list further exclusions incl. sanctioned/high-risk jurisdictions (e.g. Iran, Cuba, Belarus, Myanmar, Libya, Somalia, Yemen, Israel, Ukraine) - not verified against a primary Axi list.

Regulation & entities

Brokers operate multiple legal entities; the protections and leverage you get depend on which one holds your account.

Entity	Regulator	Licence	Region
AxiCorp Financial Services Pty Ltd	ASIC (Australia)	AFSL 318232 (ABN 127 606 348)	Australia (retail max leverage 30:1)
Axi Financial Services (UK) Limited (also trades as One Financial Markets)	FCA (United Kingdom)	FRN 466201 (Company no. 06050593)	United Kingdom (retail max leverage 30:1; also offers spread betting)
Solaris EMEA Ltd (trading as Axi)	CySEC (Cyprus)	433/23 (Company no. HE376148)	Selected EU countries via axi-solaris.com (retail max leverage 30:1)
AxiCorp Financial Services Pty Ltd (DIFC Branch)	DFSA (Dubai/UAE)	F003742 (Category 4 licence with Retail endorsement; not authorised to hold client assets or client money)	UAE / DIFC
AxiTrader LLC	FSA St Vincent & the Grenadines (registration only, not prudential supervision); member of The Financial Commission (external dispute resolution)	4303 LLC 2025 (Euro House, Richmond Hill Road, Kingstown, SVG)	International / rest of world via axi.com/int (leverage up to 1000:1); site not directed at residents of France, French overseas territories, Australia or New Zealand
AxiCorp Financial Services Pty Ltd	FMA (New Zealand) - derivatives issuer licence (SECONDARY SOURCE ONLY, see confidence_notes)	518226 (unverified against FMA register)	New Zealand (note: axi.com/int excludes NZ residents)

Accounts & pricing

Account	Pricing model	Commission (round turn)	Typical EUR/USD spread	Min. deposit
Standard	Spread-only (all-in spread, no commission); 5-digit pricing	0	0.7	USD 5 (Int site); GBP 0 shown on UK site
Pro	Raw spread + commission (charged in account currency at position open, covering the round trip)	4.5	0.0	USD 500 (Int site); GBP 500 (UK site)
Elite	Raw spread + reduced commission; for high-volume traders (UK: requires professional-client status)	3.5	0.0	USD 25,000 (Int site); GBP 25,000 (UK professional page)
USD Cent Account (Int/SVG only)	Micro account, balance denominated in US cents	Not stated	Not stated	Minimal capital; exact figure not published on page fetched

Professional client account

Elective-professional status is only for traders who already meet strict eligibility tests. It removes retail protections — read what you would give up before considering it.

Offered: True
Eligibility: UK (elective professional, MiFID-derived - must meet 2 of 3): (1) traded in significant size in leveraged markets an average of 10x per quarter over the last four quarters; (2) investment portfolio incl. cash exceeding EUR 500,000; (3) worked 1+ year in a professional role in the financial sector requiring knowledge of leveraged products. Australia (wholesale client, secondary source): gross income > AUD 250,000 in 2 of last 3 years OR net assets > AUD 2.5m, accountant-certified.
Max leverage (pro): UK: up to 500:1 account leverage on FX/bullion (professional MT4 product schedule margin table, effective 29 Sep 2025; professional page cites 400:1 Standard/Pro, 500:1 Elite tier). Australia wholesale: up to 400:1 (secondary source).
Pricing/rebate vs retail: No separate professional spread/commission schedule found - same Standard/Pro pricing (USD 4.50 RT commission on Pro). Professional status unlocks the Elite tier (USD 3.50 RT, 25k min deposit) and higher leverage; also unlocks crypto CFDs in the UK. Note: UK professional marketing page still shows outdated USD 7 RT for Pro.
Protections lost: Negative balance protection (may owe more than deposits); ESMA/FCA retail leverage caps and margin close-out protections; prescribed risk warnings; retail-grade communications standards; some retail trading restrictions. Per Axi support: 'Professional client accounts are not afforded negative balance protection.'
FSCS treatment: Axi UK states FSCS and FOS access REMAIN available to most individual elective professional clients (unlike per-se professionals).
Regional notes: UK: elective professional via FCA entity. AU: wholesale client regime. EU: elective professional available under CySEC rules (Solaris EMEA). International clients of AxiTrader LLC (SVG) get up to 1000:1 leverage without any professional classification - most non-EU/UK/AU clients simply onboard there.

Costs

Deposit fees: None charged by Axi, EXCEPT a 3% fee on card (and certain other method) deposits above a US$50,000 monthly limit; bank transfers free (Axi help centre). Card issuers may treat deposits as cash advances.
Withdrawal fees: None charged by Axi regardless of amount or method (Axi help centre). Receiving/intermediary bank fees on international wires are borne by the client (UK product schedule).
Inactivity fee: USD 10 / month (or account-currency equivalent: AUD/CAD/CHF/EUR/GBP/NZD/SGD 10, HKD 80, JPY 1000, PLN 40) after 12 months with no trading activity and no open positions; first charge within 30 business days after the 12 months, monthly thereafter. Axi may close zero-balance accounts inactive 12-24 months. (UK professional product schedule, effective 29 Sep 2025.)
Swap-free available: True
Swap notes: Swap-free accounts exempt from financing charges/benefits on FX, bullion and cash CFDs; Axi reserves the right to revoke swap-free status if misused. Standard financing applied daily ~5pm New York; triple swaps Wednesday or Thursday depending on pair.

Platforms & execution

MetaTrader 4: True
MetaTrader 5: True
cTrader: False
TradingView: No native integration (third-party webhook bridges via MetaTrader only - secondary source)
Proprietary: Axi Trading Platform (available in selected countries) plus Axi Copy Trading App (iOS/Android)
API access: No public trading API for retail clients; automation via MT4/MT5 Expert Advisors (secondary source)

Execution model: Deals as principal (market maker) - UK product schedule: 'Because we deal as principal, the prices we offer you may not be the same as those in the Underlying Market'; commission on Pro accounts described as covering 'clearing and aggregation costs' (hedging/aggregated liquidity). Marketed by reviewers as STP/ECN-style raw pricing on Pro/Elite.
Max leverage (by region): International (AxiTrader LLC, SVG): up to 1000:1 (all account tiers, int site). UK retail: 30:1. EU retail (Solaris EMEA): 30:1. Australia retail: 30:1. UK professional: up to 500:1. AU wholesale: up to 400:1 (secondary). DFSA/UAE: not verified.
VPS: Yes - VPS credit covering up to USD 36/month of ForexVPS fee for clients trading 20+ lots per calendar month (secondary sources; not verified on a current axi.com page)
Copy trading: Yes - Axi Copy Trading App (Android/iOS); also Autochartist free for clients. Axi also runs 'Axi Select', a funded/capital-allocation programme (up to USD 1m), via the SVG entity - not available UK/AU/EU.

Instruments

Forex: Yes - 70+ FX pairs (majors, minors, exotics)
CFDs: Yes - indices, commodities (incl. gold/bullion), share CFDs, IPO CFDs (int site); spread betting available via UK entity
Crypto CFDs: Yes - e.g. BTC, ETH, LTC, BCH, XRP pairs (incl. weekend crypto trading); availability depends on entity/classification
Crypto for retail (no pro status): UK: NO - FCA ban on crypto derivatives for retail remains in force in 2026 (only the crypto ETN ban was lifted Oct 2025); Axi UK offers crypto CFDs to professional clients only (they appear in the professional product schedule). EU (Solaris/CySEC): yes, retail crypto CFDs offered. Australia (ASIC): yes, retail crypto CFDs offered. International (SVG): yes.

Consumer protection

Negative balance protection: Yes for retail clients of the FCA, CySEC and ASIC entities (confirmed by Axi support articles and AU site footer). Explicitly NOT afforded to professional clients (Axi support). SVG entity (AxiTrader LLC): not a regulatory requirement; not verified as guaranteed.
Client fund segregation: Yes - Axi states client funds are held in segregated accounts with tier-1 banks (e.g. NAB for AU); DFSA DIFC branch is not permitted to hold client money at all (client money held by other group entities).
Compensation scheme: UK: FSCS up to GBP 85,000 (Axi UK professional page confirms FSCS/FOS remain available to most individual elective professionals). EU (Solaris EMEA): CySEC Investor Compensation Fund up to EUR 20,000 (standard for CIFs - membership not independently verified). Australia: no statutory compensation scheme. SVG entity: The Financial Commission compensation fund (up to EUR 20,000 per complaint).
Stated retail loss %: 67.24

Reputation

Trustpilot: 4.1 (Trustpilot)

Noted issues

FCA warning (2021) against 'AXI Corp Limited' - a CLONE firm impersonating Axi/One Financial Markets, not misconduct by Axi itself; a separate FCA warning exists for clone 'AXI TRADING'.
AxiCorp Limited (old UK entity, FRN 509746) is 'no longer authorised' since 02/02/2023 - Axi voluntarily cancelled that licence and consolidated UK business under Axi Financial Services (UK) Limited (FRN 466201, the former One Financial Markets entity).
Axi UK professional-account marketing page still cites the old USD 7 round-trip Pro commission, while the current UK product schedule (effective 29 Sep 2025) and all other Axi pages show USD 4.50 round trip - stale page, flagged for accuracy.
No regulatory fines or enforcement actions against any Axi entity found as of 2026-07-11 (multiple reviews report a clean record).

Sources

Every figure above is drawn from these sources, retrieved as of the dates shown.

Data notes: HIGH CONFIDENCE (primary-sourced): regulation entities ASIC 318232 / FCA 466201 / CySEC 433/23 / DFSA F003742 / SVG AxiTrader LLC; Pro commission USD 4.50 round turn and Elite USD 3.50 round turn (int + UK sites + Sep-2025 UK product schedule + support article all agree - note the commission is charged once at position open); Standard avg EURUSD 0.7 pips, Pro/Elite avg 0.0 pips (advertised averages, not independently measured); inactivity fee USD 10/month after 12 months (exact table from UK product schedule - assumed group-wide, only verified for the UK entity); withdrawal fees none; 3% card-deposit fee above USD 50k/month; affiliate CPA up to USD 600 (to USD 1,200 with bonus). CAVEATS / NULLS: (1) currency_conversion_fee = null - no published conversion markup found. (2) retail_loss_disclosure_pct 67.24% is the Solaris EMEA (EU) figure; current axi.com/uk pages fetched did not display a percentage, so UK figure unverified. (3) NZ FMA licence 518226 is secondary-sourced (WikiFX/news) and NOT verified against the FMA register; int site excludes NZ residents - treat as uncertain. (4) AU wholesale criteria and 400:1 wholesale leverage are from a comparison site, not an Axi primary page. (5) VPS terms and 'no API' are secondary-sourced. (6) Cent-account minimum deposit not published on the page fetched. (7) Trustpilot 4.1/5 comes from Trustpilot's own search-result title (direct page fetch blocked, 403); review count ~7,000 approximate. (8) UK professional-account page still cites an outdated USD 7 Pro commission - the effective figure per the 29-Sep-2025 product schedule is USD 4.50. (9) Solaris EMEA ICF membership assumed as standard for CySEC CIFs, not separately verified. (10) Standard-account minimum deposit shown as USD 5 on int site but GBP 0 on UK site - both recorded. (11) 'Excludes' country list beyond the US and the int-site notice is secondary-sourced. (12) FCA register page for the current UK entity could not be fetched directly (JS-rendered); FRN 466201 corroborated via Axi UK footer and Axi legal PDFs.

Cost figures reflect each broker's published specifications as of 11 July 2026 and can change; always check the broker's current terms. Most retail investor accounts lose money trading CFDs. PipTax compares costs and is not investment advice. How we research this.

Axi — costs, regulation & account details