Axi Review
MT4 traders wanting strong regulation · Founded 2007 · Sydney, Australia
FCA-authorised
Reviewed by Adrian Rochester Updated 30 September 2026
Not financial advice. Our rankings and reviews are for general information only and are not a recommendation to open an account or to trade. Forex and CFDs are high-risk; consider independent advice and whether you can afford to lose your money.
66.36% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.
Axi is a well-regulated, no-frills MetaTrader 4 broker with competitive raw pricing and no minimum deposit.
Our verdict on Axi
Axi was founded in 2007 and says it now serves more than 1.4 million traders in over 100 countries. UK clients are served by an FCA-authorised company (FRN 509746).
Axi keeps things simple with two accounts. The Standard account has no commission and spreads from 0.68 pips on EUR/USD. The Pro account has spreads from 0 pips plus a US$4.50 round-trip commission. There is no required minimum deposit (Axi recommends US$100), and card, PayPal and bank deposits are free.
Platform choice has improved: as well as MetaTrader 4, UK clients can now use MetaTrader 5 and Axi's own trading platform, plus the Axi Copy Trading app. Research is lighter than at the big UK brokers, but Autochartist, free eBooks and the Axi Academy help newer traders.
Ratings breakdown
Key facts
- UK status
- FCA-authorised (FRN 509746)
- EUR/USD spread
- 0.0 pips (from) (Pro account)
- Commission
- ~£3.40 per lot round-turn
- All-in cost
- ~£3.40 per standard lot
- Minimum deposit
- £0
- Max leverage
- 1:30 (UK retail limit)
- Instruments
- 140+
- Founded
- 2007
- Headquarters
- Sydney, Australia
Pros
- No required minimum deposit; free card, PayPal and bank deposits
- Raw-spread Pro account
- 24/7 support by live chat and WhatsApp
Cons
- No TradingView
- Limited in-house research
- No share dealing or ISA
Regulation
Highlighted = tier-1 regulator. Protection depends on the entity you open an account with.
Platforms
Who Axi is for
Good fit
- MetaTrader traders who want low, simple pricing
- Traders who want a raw-spread Pro account without a big deposit
- Traders interested in copy trading through the Axi Copy app
- People who want to fund by PayPal or card instantly
Look elsewhere if
- Investors who want share dealing, ISAs or pensions
- Traders who want deep in-house research and analysis
- Anyone who needs TradingView trading
Axi fees and spreads
Axi UK offers two accounts: Standard, with costs in the spread and no commission, and Pro, with raw spreads plus commission.
| Standard | Pro | |
|---|---|---|
| EUR/USD spread from | 0.68 pips | 0 pips |
| Gold spread from | 16 cents | 9 cents |
| Commission | None | US$4.50 round trip |
| Recommended minimum deposit | US$100 | US$100 |
| Max retail leverage | 30:1 | 30:1 |
| Account currencies | GBP, EUR, USD, CHF, PLN | GBP, EUR, USD, CHF, PLN |
From Axi's UK account types page. Pro commission is charged in your account currency equivalent.
Other costs
| Charge | Axi |
|---|---|
| Deposits | Free by card, PayPal and bank transfer |
| Overnight swaps | Charged or credited on positions held overnight |
| Withdrawals | Subject to minimum limits and Axi's return-to-source rules; see Axi's fees page |
Account types
- Standard
- Commission-free, with EUR/USD from 0.68 pips. Axi calls it its best account for everyday traders.
- Pro
- Raw spreads from 0 pips with a US$4.50 round-trip commission, for more experienced traders.
- Professional account
- For clients who qualify as professional traders.
- Copy trading
- Link your MT4 account to the Axi Copy Trading app to follow other traders.
- Demo account
- Free demo to practise first.
Deposits and withdrawals
| Card | From US$5 to US$100,000, instant, free |
| PayPal | From US$10 to US$10,000, instant, free |
| UK bank transfer (GBP) | From £10 to £1,000,000, 1–3 days, free |
| International bank transfer | No minimum or maximum, 1–3 days, free |
| Recommended first deposit | US$100 (no required minimum) |
Is Axi safe?
- Axi's UK company is authorised and regulated by the Financial Conduct Authority (FRN 509746).
- As an FCA-regulated firm, Axi must hold retail client money in segregated accounts under the FCA's client money rules.
- Eligible clients may be covered by the FSCS if the UK firm fails (the investment limit is currently £85,000).
- Retail accounts have negative balance protection and FCA leverage limits (30:1 on major forex pairs).
- Axi's security page encourages clients to check contact details against the FCA register to avoid clone-firm scams.
Platforms and tools
- MetaTrader 4
- Axi's long-standing platform, with Expert Advisors and Autochartist.
- MetaTrader 5
- Multi-asset platform with depth of market and advanced technical tools, for Windows, Mac and web.
- Axi Trading Platform
- Axi's own platform for desktop and mobile.
- Axi Copy Trading app
- Copy portfolios from other traders via your MT4 account (provided in partnership with London & Eastern LLP).
Research and education
Axi offers the Axi Academy with free tutorials, free eBooks, a blog with technical analysis and market news, an economic calendar and Autochartist.
Customer support
Axi's multilingual support team is available 24/7 by live chat, WhatsApp, email and the Help Centre, and you can request a callback.
Axi FAQs
Is Axi regulated in the UK?
Yes. Axi's UK company is authorised and regulated by the FCA (FRN 509746). Retail clients get negative balance protection and FCA client money protections.
What is Axi's minimum deposit?
There is no required minimum; Axi recommends US$100. Card deposits start from US$5, PayPal from US$10 and UK bank transfers from £10.
What is the difference between Axi Standard and Pro?
Standard has no commission and EUR/USD spreads from 0.68 pips. Pro has spreads from 0 pips plus a US$4.50 round-trip commission.
Does Axi offer MT5?
Yes. Axi UK now offers MetaTrader 5 as well as MetaTrader 4 and its own Axi Trading Platform.
Can I deposit with PayPal at Axi?
Yes. PayPal deposits are free and instant, from US$10 up to US$10,000.
Featured in our guides
Where these figures come from
Checked on 30 September 2026 against Axi's own website (UK site where available). Figures marked ~ are converted from US$ at £1 = $1.3247 (ECB reference rate, 29 September 2026). Spreads, fees and deposits change often, so confirm them with Axi before opening an account.
66.36% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.
How we make money: some links on this page are affiliate links. If you open an account through them we may earn a commission, at no extra cost to you. This never affects our ratings, which follow our published methodology.
More broker reviews
- FxPro review 4.5
- IC Markets review 4.5
- XTB review 4.5
- FOREX.com review 4.4
- OANDA review 4.4