For instance, deposits made using credit cards and debit cards are processed instantly, while wire transfers can take three business days or more. The processing time for crypto payments might range from zero to sixty minutes. We’ll now explain the procedures you will need to open a trading account on the AXI platform. Even though you may complete the account opening requirements in just a couple of minutes, the full registration procedure can take anywhere from 2–3 business days. That’s because Axi must verify your identification before you fund your account or commence trading. To that end, we’ve outlined how to register on the Axi trading platform below.

• While the video lessons are brief, they provide a good overview of each topic for new traders.
• In terms of offered assets, they can be considered to be an average online broker allowing clients to trade 100+ assets in markets like forex, stocks, commodities, indices, and crypto.
• There is also no proprietary app to guide new traders, which may make the learning process more challenging.
• Axi supports a wide range of payment methods for deposits and withdrawals, including bank transfers, credit/debit cards, and popular e-wallets like PayPal, Skrill, and Neteller.

Axi Research and Education Summary

There is the option of a demo account to learn, whilst the broker also provides a variety of educational resources to help educate beginners so that they can make informed decisions. The broker has no deposit or withdrawal fees, tight spreads from just 0.0 pips and competitive commissions, all which make Axi stand out among its competitors. Axi provides access to the widely acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are favored within the industry for their reliability and comprehensive range of features. Additionally, Axi offers its proprietary trading platform, Axi Mobile, designed to provide an intuitive and seamless trading experience across multiple devices. These platforms cater to a variety of trading styles and strategies, making them suitable for traders at all levels of expertise.

The Standard account at Axi is specifically designed to cater to entry-level traders, offering a no-commission trading structure which allows for cost-effective participation in the markets. It features competitive spreads that enhance the trading experience without the burden of additional transaction costs. Furthermore, the low minimum deposit requirement makes this account highly accessible, lowering the barrier to entry for new traders who may be hesitant to commit large sums of capital initially.

Opening an account with broker Axi is characterized by a high degree of convenience and transparency. Stages such as registration, choosing the type of account, filling in personal details, and verification are structured and easily manageable, even for novice traders. On the pricing front, Axi maintains its competitiveness with spreads among the tightest in the market, particularly on axitrade the Pro account. The absence of deposit and withdrawal fees constitutes a valuable advantage at a time when some competitors are multiplying ancillary fees. The MetaTrader 4 platform is available in desktop, web, and mobile versions (iOS and Android).

Deposit Method:

If you choose copy trading, Axi provides a list of traders and their statistics. You also have the opportunity to set risk levels to suit your risk tolerance. Over-the-counter derivatives are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. At Axi, customers have a choice from a healthy range of banking options they can use to deposit and withdraw.

Is Axi Legit Or A Scam?

• Axi could also strengthen its competitive position by broadening its asset range to include ETFs, options, bonds, and interest rates, available at brokers like IG.
• Axi’s trader-focused approach combines robust regulation, transparent practices, and cutting-edge technology.
• The business has, on the whole, earned a stellar reputation among financial backers.
• After coming back to the site regularly for that I eventually decided to open an account, and glad I did.
• Compared to similar competitors, Axi has a great base currencies offering.
• All overnight swaps, commissions and spreads fall under the trading fees category.

The top tier regulation and multiple awards make Axi worthy of trading different instruments. The information and products Axi provides are for information purposes only. Unfortunately, the AXI app lacks technical indicators used for in-depth technical analysis.

Axi Broker Review 2025: How Good Is Axi?

In addition to providing traditional brokerage services, the company also hosts referral programs, enabling clients and partners to receive a referral commission. Clients may fund their accounts with any appropriate amount, though you might only be able to deposit $5 at the least, depending on your selected payment method. The company neither charges any fee on deposits nor applies any cost on funds withdrawals. Brokers typically charge their clients in exchange for their services through spreads, commissions, and miscellaneous fees. Customers dealing with the broker should expect to bear expenses; some will be transaction-specific (trading fees), and others are general to the broker’s services (non-trading cost).

But the broker doesn’t provide real stocks, so you can only speculate on their worth through contracts for difference (CFDs). While trading share CFDs don’t provide you with the right of ownership, you can’t receive dividends either. The main benefit of using third-party platforms such as MT4 is that traders can keep their customised versions of the platforms should they choose to migrate to another broker. Axi’s trading tools transform the MT4 platform into a state-of-the-art trading terminal. We tested Axi’s MT4 app on an iPhone 15 and found that it synced well with the desktop and web trader versions. It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders.

You can take a look at their full product range (what assets you are able to trade) here. Funds can be deposited into an Axi account via multiple methods, including bank wire transfers, credit/debit cards, and various e-wallets. Instead, it operates as an STP (Straight Through Processing) broker, which means orders are passed directly to liquidity providers without any dealer intervention. Some of the partners featured on this site may not be regulated in your country.

Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

MT4 is the market leader in algorithmic trading and remains the most versatile trading platform. It is available as a desktop client, where traders get the full functionality of MT4, a light web-based platform, and a mobile app. Another highlight from Axi is that, in October 2024, they launched MT5, with plans to launch MT5 globally within a few months, becoming even more competitive with their offerings. Axi also provided its traders under AxiTrader with the MT4 MAM module for account management. For forex traders, understanding key trading features such as leverage, spreads, and commissions is essential to maximize trading potential and manage risk effectively.