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Axi

Axi (formerly AxiTrader) — a private forex & CFD broker from Sydney, Australia, founded in 2007, operating under AxiCorp Financial Services Pty Ltd. Around 300+ employees.

Last verified 2026-08-01
3.4/ 5 editorial scoreTrust 63 · Medium
Best for

ASIC traders who want raw spreads & have weighed its regulator-action history

Not ideal for

Those who need a clean compliance track record

Regulation & Safety
2.5
Fees & Deposit
4.0
Platform & Assets
3.5
User Support
3.5

Pros

  • Competitive raw spreads (Pro account); MT4
  • Regulated by ASIC (Australia) + UK/Dubai access via acquisition
  • Founded 2007

Cons

  • TWO regulator actions in 2 years: NZ FMA suspended the derivatives license (2019) & ASIC suspended the AFSL over client funds (2021)
  • This dual compliance record is serious
  • Leverage is high-risk

Feature summary

CategoryForex
Minimum depositVaries by account type — check the official site
Demo accountAvailable
PlatformMetaTrader 4
InstrumentsForex, CFDs
SupportLive chat, email & phone (market hours)
Regulation statusLicensed by ASIC (Australia) and other authorities through the acquisition of One Financial Markets (2018, giving UK & Dubai access). See the risk note below for a history of regulator actions.
Fee modelSpread & commission model — details not yet verified
Estimated cost per lotRaw + commission (Pro) — not yet verified

Risk & regulation notes

Important (Wikipedia): in 2019, the New Zealand regulator (Financial Markets Authority) temporarily suspended AxiCorp's derivatives license for compliance-obligation breaches (license restored around 2020). In 2021, ASIC also temporarily suspended AxiCorp's Australian Financial Services Licence over client-fund reporting issues, which the company then took to the Administrative Appeals Tribunal. This is a record of dual regulator actions from two different jurisdictions within a 2-year span — worth serious consideration before signing up.

Primary sources

Product facts are summarized from the broker's official materials. A broker's own claims are not automatically treated as independent verification.

Update history

  • 2026-08-01

    Research from Wikipedia: company profile and TWO regulator-action records (NZ FMA 2019, ASIC 2021) — included as the primary risk note.

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