AXI Review

AXI REVIEW

AXI is an ECN Forex broker offering tight spreads, PAMM accounts, FIX/API for automated trading, and Autochartist.

 

📌 AXI REVIEW SUMMARY

• Broker Type: ECN/STP (GMT+3 server time)

• US Traders: NO

• AXI Regulation: FCA UK (509746) and ASIC (318232)

• AXI Platforms: MetaTrader-4, and MT4 WebTrader

• Mobile Trading: MT4 mobile for iOs/Android

• Automated Trading & Scalping: YES (Fully, by offering also FIX/API and free VPS Hosting)

• AXI Assets: 150+ assets (50+ Forex Pairs, Crypto, Indices, Commodities)

• AXI Minimum Account: $10 (Standard Account) and $1,000 (Pro Account)

• Funding Methods: Cards, Wire, Skrill, Neteller, BPAY

• AXI Promotions: Discounted VPS hosting when trading over 20 lots on a monthly basis

» AXI Online Trading Account

💡 AXI RATING SCORE

This is the Rating Score of AXI:

AXI RATING (USING THE RATING FORMULA V.5.0) How does the Forex RatingFormula 5.0 Work?	(100%=max)
(1) Safety of Funds when Trading at AXI	90.4 %
(2) Cost of Trading	79.5 %
(3) Trading-Options Available at AXI	78.6 %
(4) Trading Technology	93.8 %
AXI Total Rating	84.55%

 AXI manages to achieve one of the highest scores in our Rating Brokers section.

The full AXI Rating Calculations here: » The fully-detailed AXI Rating Score at ForexExperts

 

AXI FULL REVIEW

🏛️ INTRODUCTION TO AXI

AXI is an ECN/STP Forex broker established in New Zeeland, the United Kingdom, and Australia:

□ AXI Headquarters: Australia and the United Kingdom

□ AXI Regulation: FCA UK (509746) and ASIC (318232)

□ AXI Foundation: 2007

□ AXI Account Segregation: YES {AXI provides segregated accounts for all account types}

□ Compensation in case of insolvency: YES {for traders under the FCA UK}

 

💱 AXI ASSET INDEX & TRADING COST

AXI provide an extended asset index containing over 150 products in total:

Forex Trading

• 50 Forex currency pairs – Forex majors, Forex crosses, and exotics

• Scalping and trading with Expert Advisors are allowed

• Trading leverage up to 30:1

CFD Trading

• Trading Precious Metals (Gold and Silver)

• Cryptocurrencies

• Trading Energies

• 10+ Stock Indices

 

AXI FOREX TRADING SPREADS

The best trading conditions and tightest spreads are available with the Pro Account. This account requires a minimum deposit of $1,000 USD and is the ideal choice for demanding Forex trading styles, including professionals, intraday traders, scalpers, and EA traders.

• PRO Account Typical Spreads (Min. Deposit $1,000)

These are some typical spreads on the STP account where there are no trading commissions:

■ 0.0-0.1.5 pip spread on EURUSD

■ 0.4 pip trade spread on GBPUSD

■ 0.2 pip trade spread on USDJPY

-The trading commissions for Pro accounts are $7.0 per full-traded standard lot ($3.5 + $3.5)

• Standard Account Spreads (Min. Deposit $10)

■ 1.1 pip spread on EURUSD

■ 1.3 pip trade spread on GBPUSD

■ 1.1 pip trade spread on USDJPY

 

🖥️ AXI TRADING PLATFORMS & TECHNOLOGY

AXI offers the MetaTrader platform in two versions:

□ AXI Desktop Trading: MetaTrader-4, and an MT4 WebTrader

□ AXI Mobile Trading: MT4 Trader suitable for iPhone and Android

□ Automated Trading: YES

□ Social Trading: MyFxBook

□ Hedging/Scalping: YES

□ PAMM/MAM Accounts: YES

□ FIX/API: YES

□ FREE VPS: YES (when trading over 20 lots on a monthly basis)

 

💼 AXI TRADING ACCOUNTS

There are two (2) main account types offered by AXI, plus a Demo Account:

• ECN Account

• Standard Account

□ AXI Minimum Deposit: $10 for the Standard Account | $1,000 for the ECN Account

□ Funding Methods: Credit/Debit Cards, Bank Wire, Skrill, Neteller, BPAY

□ Account Base Currencies: USD, EUR, GBP, AUD, CHF, CAD, JPY, SGD, HKD, and NZD

□ AXI Withdrawal Fees: NO

□ AXI Inactivity Fees: NO

□ Customer Support Methods: Live Chat, Callback, Phone, Email

□ Web-Site Languages:

• English, Spanish, Russian, Chinese, French, Deutsch, Italian, and more

» AXI Trading Accounts

 

🔢 AXI REVIEW -MAIN PROS & CONS

AXI REVIEW PROS √

AXI REVIEW CONS X

(√) Regulated by the FCA UK and ASIC Australia (√) ECN trading conditions with just $1,000 (√) Very tight trading spreads (Pro Account) (√) Automated Trading, Hedging, Scalping, and a free VPS (√) Wide asset index with over 50 Forex pairs (√) PAMM accounts (√) Multi-lingual customer support, and very responsive (√) Ideal for intraday trading and trading Forex by using Expert Advisors (√) MyFxBook Autotrade & Autochartist are available

(x) There is only MetaTrader-4

 

 

 

🎯 AXI REVIEW –FINAL THOUGHTS

Established in 2007 and headquartered in the UK and Australia, Axi is a highly regulated ECN brokerage firm. Axi is licensed by the FCA (UK) and ASIC, and it provides full client bank account segregation.

The broker offers true ECN trading conditions by partnering with top liquidity providers in the Forex industry. These include Citibank, Goldman Sachs, UBS, and several other major banks. As a result, Axi delivers highly competitive spreads, starting from as low as 0.0 pips and $7.00 per full traded lot on EURUSD. The ECN Pro Account offers the most favorable trading terms and the lowest spreads. It can be opened with a minimum deposit of $1,000. Beginners can opt for a Standard Account, which offers higher spreads but requires only a $10 minimum deposit. A Demo Account is also available, offering real-time spreads.

The maximum trading leverage with Axi is 30:1. The asset index is broad, including over 150 tradable financial instruments, with more than 50 currency pairs and a selection of cryptocurrency pairs.

The only trading platform offered is MetaTrader 4, available in several versions: MT4 for PC/Mac, MT4 Web, and MT4 Mobile. Both automated trading and scalping are fully supported, and free VPS hosting is available under specific conditions. MyFxBook Autotrade and Autochartist are also offered. PAMM accounts are available as an option for Axi clients.

Axi is a secure and highly competitive Forex broker, well-suited for professional and intraday traders. Opening a Pro Account is recommended to benefit from the tightest spreads.

Axi offers two account setup options for new traders:

(i) FCA UK: includes negative balance protection, FSCS coverage, and maximum leverage of up to 30:1

(ii) SVG: does not include negative balance protection

» AXI Forex & CFDs Trading Services

 

◙ AXI Review

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