ECN/STP Forex Broker Review: AXI
AXI REVIEW
AXI General Info
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Company Name: AXI is the trading name of AxiCorp Limited, registered in England and Wales (Company Number 06378544).
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AXI Offices: AXI’s headquarters are located in the United Kingdom and Australia.
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Regulation: Regulated by the Financial Conduct Authority (FCA) — Reference Number 509746, and the Australian Securities and Investments Commission (ASIC) — Reference Number 318232.
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Founded: AXI was established in 2007.
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Online Since: AXI has been operating online since 2008.
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US Clients: AXI does not accept clients from the United States.
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Islamic Accounts: AXI offers SWAP-Free (Islamic) accounts.
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Execution Type: ECN/STP (Electronic Communication Network / Straight Through Processing).
AXI Trading Info
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Server Time Zone: GMT+3
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Typical Spread: From 0.1 pips on EUR/USD, with a $7.00 commission per full lot traded.
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Trading Leverage: Up to 30:1 for FCA-regulated UK clients and up to 400:1 for ASIC-regulated clients.
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Minimum Lot Size: 0.01 lots (micro-lot, suitable for beginners).
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Scalping: Allowed.
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Hedging: Allowed.
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Automated Trading: Supported; AXI offers FIX/API access and a free VPS service (with a minimum monthly volume of 20 lots).
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Minimum Account Deposit: $10 USD.
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Account Currencies: USD, EUR, GBP, AUD, CAD, JPY, HKD, NZD, SGD, and CHF.
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Funding Methods: Bank wire transfer, Credit/Debit cards, Skrill, Neteller, and BPay.
AXI Asset Index & Forex Currency Pairs
On the Standard Account, AXI offers:
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Over 50 Forex pairs (including all majors, minors, and many exotics)
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Cryptocurrency pairs
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More than 10 stock indices
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Spot metals (Gold and Silver quoted against the US Dollar)
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Energies, industrial metals, and soft commodities
AXI Trading Platforms
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Desktop: MetaTrader 4 (MT4) classic desktop platform.
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WebTrader: MT4 WebTrader featuring:
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One-click trading
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Nine timeframes and advanced analysis tools
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PsyQuation integration (see below)
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Mobile Trading: MT4 app available for iPhone and Android devices.
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Website Languages: English, Arabic, Chinese, Dutch, German, Hungarian, Indonesian, Italian, Polish, Thai, and Vietnamese.
AXI Free Education
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PsyQuation: An innovative AI and machine learning tool that uses trading data for performance analytics and progress tracking.
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Forex Video Tutorials: General instructional videos for forex trading.
» AXI Real and Demo Trading Accounts
AXI Pros and Cons
These are the pros and cons of AXI review.
AXI.com PROS |
AXI.com CONS |
√ 50 Forex pairs, Cryptocurrencies, Indices, Commodity Assets |
X Only offers MT4 |
√ ECN Trading Account with as low as $1,000 |
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√ Tight spreads |
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√ Low deposit requirements and micro lot account for beginners |
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√ A free VPS (for a 20-lot minimum monthly volume) |
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√ Automated Trading and FIX/API |
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√ Autochartist software is available for free |
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√ PAMM Accounts are also available |
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√ PsyQuation (Innovative AI & Machine Learning Tool) |
AXI RATING -Using Formula V.4.0.
This is the sum of the four AXI rating factors (1, 2, 3, 4).
AXI RATING SUMMARY |
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MAX |
ACHIEVED |
(%) |
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1. Safety of Funds |
26.00% |
23.20% |
89.23% |
2. AXI Cost of Transaction |
28.00% |
23.00% |
82.14% |
3. AXI Trading-Options |
26.00% |
20.00% |
76.92% |
4. AXI Technological Efficiency |
20.00% |
14.00% |
70.00% |
Overall Rating |
100.00% |
80.20% |
80.20% |
AXI Special Metrics
These are the special metrics of AXI rating, according to the three categories of trading experience.
AXI SPECIAL METRICS |
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(based on sub-formulas) |
RATING (100%) |
AXI Overall Rating |
80.20% |
Forex Beginners |
78.25% |
Advanced Traders |
79.38% |
Pro Traders |
80.51% |
» AXI Rating Analysis at FxPros
AXI Review – Conclusions
Founded in 2007, AXI is an ECN/STP broker headquartered in the UK and Australia, regulated by both the FCA (UK) and ASIC (Australia).
AXI offers a multilingual website and responsive 24/5 customer support. The broker provides MetaTrader 4 in three versions: Desktop, WebTrader, and Mobile App, fully supporting scalping, hedging, and automated trading. Mobile trading is available for both iPhone and Android devices. Additional services include a free VPS, FIX/API access, and Autochartist. PAMM accounts are available as an option, alongside free educational resources and the PsyQuation tool, which helps traders monitor their real performance.
There are two main account types, with minimum deposits starting as low as $10. The ECN (Pro) account requires a minimum deposit of $1,000.
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Cent Account: $10 minimum deposit
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Pro Account: $1,000 minimum deposit
- Trading leverage is up to 30:1 for FCA-regulated UK clients and up to 400:1 for ASIC-regulated clients
One of AXI’s key advantages is its very tight spreads, starting from 0.1 pips on EUR/USD, plus a $7.00 commission per lot traded. The asset offering is broad, including over 50 Forex pairs, cryptocurrencies, Gold and Silver against the USD, more than 10 stock indices, industrial metals, energies, and select soft commodities.
Funding methods include Debit/Credit Cards, Bank Wire, Neteller, BPay, and Skrill. Overall, AXI is a strong ECN broker that effectively meets the needs of advanced and professional Forex traders, particularly those focused on automated trading.
■ ECN Forex Broker Review: (AXI)
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