My Review of the AXI Platform (July 2025)

My opinion on AXI

Last update: July 2, 2025

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3.5

Score

3.5

Score

P. LauroreFinance expert

AXI stands out as a reputable and cost-effective global CFD broker, offering Canadian traders access to competitive spreads, low entry costs, and a versatile selection of over 450 instruments across forex, stocks, indices, commodities, and crypto CFDs.
Backed by membership in The Financial Commission and regulations in multiple jurisdictions (though not directly in Canada), AXI delivers a secure and reliable trading environment established since 2007, now serving thousands of traders worldwide.
With tight spreads starting from 0.0 pips (Pro/Elite), no deposit or withdrawal fees on most methods, and high leverage up to 1:500 for forex, AXI competes strongly on pricing and platform tools such as MT4 and a dedicated copy trading app—positioning itself as a solid, cost-efficient alternative to leading brokers for active and algorithmic traders.
AXI is generally well-reviewed by users, typically earning a Trustpilot score between 4.0 and 4.3/5 based on 1,000+ reviews, with accolades for customer service responsiveness and platform reliability.
In my experience, this broker is best suited to the following trader profiles:

➡️ Beginners seeking a low initial deposit, free demo account, and responsive support will appreciate AXI’s user-friendly onboarding and risk-free practice opportunities, allowing newcomers to learn without significant cost or commitment.
➡️ Intermediate traders who value razor-thin spreads, advanced analytical tools (via MT4), and copy trading options for diversification or learning from pros will find AXI’s balance of pricing, features, and accessibility conducive to building skills and strategies.
➡️ Advanced and algorithmic traders benefit from AXI’s high leverage (up to 1:500), fast execution on MT4 (with EAs and automated trading), and Pro/Elite accounts with raw spreads, making it ideal for high-volume or systematic trading approaches.

Pros

• ✅Ultra-low minimum deposit ($5) on Standard and Pro accounts
• ✅Tight forex spreads from 0.0 pips (Pro/Elite)
• ✅450+ CFD instruments including forex, stocks, indices, commodities, cryptocurrencies
• ✅High leverage up to 1:500 (forex)
• ✅MetaTrader 4 platform (desktop, web, mobile) plus copy trading app
• ✅No fees on most deposits and withdrawals
• ✅Swap-free Islamic accounts available for Canadian residents
• ✅Free 30-day demo account with $50,000 virtual funds
• ✅24/5 multilingual customer support

Cons

• ❌Not directly regulated by Canadian authorities
• ❌Crypto trading limited to CFDs (no spot, staking, or wallets)
• ❌ETF access limited to select CFDs only
• ❌No PAMM/MAM accounts or support for MT5 and TradingView platforms

Discover the broker

3.5

Score

3.5

Score

ProsCons

• ✅Ultra-low minimum deposit ($5) on Standard and Pro accounts
• ✅Tight forex spreads from 0.0 pips (Pro/Elite)
• ✅450+ CFD instruments including forex, stocks, indices, commodities, cryptocurrencies
• ✅High leverage up to 1:500 (forex)
• ✅MetaTrader 4 platform (desktop, web, mobile) plus copy trading app
• ✅No fees on most deposits and withdrawals
• ✅Swap-free Islamic accounts available for Canadian residents
• ✅Free 30-day demo account with $50,000 virtual funds
• ✅24/5 multilingual customer support

My opinion on AXI

Last update: July 2, 2025

P. LauroreFinance expert

Pros

• ✅Ultra-low minimum deposit ($5) on Standard and Pro accounts
• ✅Tight forex spreads from 0.0 pips (Pro/Elite)
• ✅450+ CFD instruments including forex, stocks, indices, commodities, cryptocurrencies
• ✅High leverage up to 1:500 (forex)
• ✅MetaTrader 4 platform (desktop, web, mobile) plus copy trading app
• ✅No fees on most deposits and withdrawals
• ✅Swap-free Islamic accounts available for Canadian residents
• ✅Free 30-day demo account with $50,000 virtual funds
• ✅24/5 multilingual customer support

Cons

• ❌Not directly regulated by Canadian authorities
• ❌Crypto trading limited to CFDs (no spot, staking, or wallets)
• ❌ETF access limited to select CFDs only
• ❌No PAMM/MAM accounts or support for MT5 and TradingView platforms

Discover the broker

3.5

Score

3.5

Score

ProsCons

• ✅Ultra-low minimum deposit ($5) on Standard and Pro accounts
• ✅Tight forex spreads from 0.0 pips (Pro/Elite)
• ✅450+ CFD instruments including forex, stocks, indices, commodities, cryptocurrencies
• ✅High leverage up to 1:500 (forex)
• ✅MetaTrader 4 platform (desktop, web, mobile) plus copy trading app
• ✅No fees on most deposits and withdrawals
• ✅Swap-free Islamic accounts available for Canadian residents
• ✅Free 30-day demo account with $50,000 virtual funds
• ✅24/5 multilingual customer support

AXI stands out as a reputable and cost-effective global CFD broker, offering Canadian traders access to competitive spreads, low entry costs, and a versatile selection of over 450 instruments across forex, stocks, indices, commodities, and crypto CFDs.
Backed by membership in The Financial Commission and regulations in multiple jurisdictions (though not directly in Canada), AXI delivers a secure and reliable trading environment established since 2007, now serving thousands of traders worldwide.
With tight spreads starting from 0.0 pips (Pro/Elite), no deposit or withdrawal fees on most methods, and high leverage up to 1:500 for forex, AXI competes strongly on pricing and platform tools such as MT4 and a dedicated copy trading app—positioning itself as a solid, cost-efficient alternative to leading brokers for active and algorithmic traders.
AXI is generally well-reviewed by users, typically earning a Trustpilot score between 4.0 and 4.3/5 based on 1,000+ reviews, with accolades for customer service responsiveness and platform reliability.
In my experience, this broker is best suited to the following trader profiles:

➡️ Beginners seeking a low initial deposit, free demo account, and responsive support will appreciate AXI’s user-friendly onboarding and risk-free practice opportunities, allowing newcomers to learn without significant cost or commitment.
➡️ Intermediate traders who value razor-thin spreads, advanced analytical tools (via MT4), and copy trading options for diversification or learning from pros will find AXI’s balance of pricing, features, and accessibility conducive to building skills and strategies.
➡️ Advanced and algorithmic traders benefit from AXI’s high leverage (up to 1:500), fast execution on MT4 (with EAs and automated trading), and Pro/Elite accounts with raw spreads, making it ideal for high-volume or systematic trading approaches.

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Why trust Hellosafe?

I personally opened and used an AXI account, taking the time to experience its platform both as a trader and a reviewer. I looked into the account setup process, put the MetaTrader 4 platform and the AXI Copy Trading app through their paces, and tested both Standard and Pro account types—keeping an eye on spreads, fees, and order execution.

I measured AXI’s tools, support, and trading conditions against other major, regulated brokers available to Canadians. This included checking the speed and quality of customer service, how quickly deposits and withdrawals were handled, and how intuitive the overall experience was for both beginners and more experienced traders.

These findings are based on my own hands-on trading and actual use of AXI’s features—not from just reading marketing materials. My goal is to give you a straightforward, realistic sense of AXI’s strengths, weaknesses, and how it stacks up against other reputable brokers.

AXI at a glance

Security and Regulation

AXI demonstrates a commitment to trader protection through membership in The Financial Commission, which provides an added layer of independent dispute resolution and compensation up to a certain limit. Although AXI is not directly regulated by Canadian authorities, it holds authorizations in multiple respected global jurisdictions, and this multi-jurisdictional oversight adds weight to its operational credibility for Canadian residents.

Client funds are kept in segregated accounts with top-tier banks, in line with international standards for CFD and forex brokers. There are, however, no specific provisions for cold storage or crypto proof-of-reserves, which is typical for brokers offering only crypto CFDs rather than direct assets. The risk management tools at AXI are comprehensive, including stop loss, take profit, negative balance protection, and two-factor authentication—core features that are crucial for protecting accounts in volatile markets.

AXI has built a solid reputation globally, backed by favorable user feedback and a positive Trustpilot rating. Its long-standing presence in the sector, combined with responsive customer support and transparent pricing, further reinforce its dependability for retail traders seeking access to forex, CFDs, indices, and commodities.

Fees, Spreads & Commissions

AXI’s fee structure is tailored to offer both accessibility and competitive costs across its account types. The Standard account is well-suited for new or low-volume traders, with zero commissions and spreads starting from 0.4 pips on major forex pairs such as EUR/USD. For those seeking tighter spreads, the Pro and Elite accounts offer raw pricing from 0.0 pips, with a per-trade commission (for example, from 0.08% for stock CFDs), aligning with top-tier international brokers and enabling cost-effective access for scalpers and high-volume traders.

When it comes to stocks, indices, and commodities, AXI’s variable spreads are transparent and typically competitive within the global CFD market. Spreads on gold start from $0.10 (Pro/Elite) and oil from 1 pip, representing strong value for traders who monitor execution closely. No hidden fees are embedded, and charges like overnight swap rates are openly disclosed on the trading platform, allowing for clear cost management on multi-day positions.

Crypto CFDs have a spread-based model, typically starting from 0.5%, which is within the expected range for regulated platforms but higher than spot exchanges. There are no custody, deposit, or withdrawal fees from AXI’s side for most funding methods, and I find that the lack of inactivity or maintenance fees is a further advantage, especially compared to brokers with recurring “dormant account” charges.

What are the account-related fees?

Tip

For active traders or scalpers, the Pro or Elite account unlocks ultra-tight spreads at the cost of a commission—this often results in lower total fees compared to the Standard account if your monthly trade volumes are significant. Casual traders may prefer the simplicity of the Standard account to avoid commission accounting.

What are the fees on stocks and ETFs?

Stock and ETF access is via CFDs, not direct asset purchase. The commission structure starts from 0.08% (Pro/Elite) per side on stock CFDs, while spreads are variable but typically remain within industry norms. There are no custody fees or UK stamp duty taxes due to the synthetic nature of CFDs, but overnight fees will apply to positions held open through the daily rollover.

What are the fees on cryptocurrencies?

Crypto trading at AXI is offered as CFDs with no fixed commission, but with a variable spread starting from 0.5%. There are no custody or transfer charges since underlying cryptoassets are never delivered, but overnight swap fees (financing) do apply to levered positions closed after market hours.

What are the fees on CFDs?

AXI delivers a well-structured cost environment, especially on the Pro/Elite accounts where spreads are ultra-tight and commissions transparent. On forex majors and widely traded indices, AXI’s spreads are at the “upper end of low,” but always competitive with leading global brokers. Overnight swap costs are present, and remain variable depending on market rates.

Assets & Markets

AXI provides access to an extensive menu of tradable assets, making it a suitable choice for Canadian traders seeking broad market coverage with a focus on CFDs. I appreciate the strong lineup of forex pairs—over 70 across the major, minor, and exotic categories—which gives flexibility for both high-liquidity strategies and more niche FX trades. The leverage available (up to 1:500 on forex) surpasses many competitors, which can be a valuable tool for experienced traders, though it also underscores the importance of robust risk management.

Stock CFDs make up a notable portion of AXI’s instrument list, with coverage across global markets. While this opens efficient ways to speculate on individual shares without direct ownership, it does mean the platform lacks physical spot investing in stocks or ETFs. ETF exposure is limited and generally structured as CFDs, which is common for multi-asset CFD brokers but a consideration for those who prefer spot ETF investing.

AXI stands out for offering both popular and lesser-known commodities as CFDs, including gold, silver, crude oil, and more. The same applies to indices: clients can access all the major global benchmarks with competitive spreads, which facilitates a broad spectrum of portfolio strategies from macro hedges to sector bets. Crypto access is available through CFDs only, with support for majors like BTC and ETH as well as a growing basket of altcoins. However, spot crypto purchases, staking, and DeFi features are not offered.

Some asset classes—bonds, stablecoins, and NFTs—are missing or provided in only very restricted form. This is consistent with most CFD-focused brokers but sets a boundary for traders looking for the latest digital assets or diversification tools outside mainstream financial products. No staking, earning, or wallet functionality is provided either, keeping AXI’s core appeal firmly rooted in leveraged trading across the key global markets.

Trading Tools & Apps

AXI offers a versatile platform package for traders in Canada, with MetaTrader 4 (MT4) at its core. The MT4 interface is both robust and familiar, supporting seamless navigation, multi-chart layout, and a wide selection of indicators. I appreciate how MT4 incorporates advanced order management and one-click trading for fast execution—especially valuable in fast-moving forex and CFD markets.

The mobile versions of MT4 deliver much of the same functionality as desktop, making trade monitoring and order placement easy from any location. Both desktop and mobile MT4 support algorithmic trading through Expert Advisors (EAs), custom indicators, and the ability to import third-party scripts, a combination that is attractive for both new and advanced algorithmic traders.

AXI enhances its offering with a proprietary copy trading app. This tool allows users to follow successful traders across forex, indices, commodities, and crypto CFDs. For those who want a more passive trading approach or to diversify strategies, this is a major strength. Charting and technical analysis features are not just comprehensive within MT4, but traders also benefit from customizable trading signals and systematic execution options, broadening the appeal for a range of trading styles.

Order types are comprehensive, supporting market, limit, stop-loss, take-profit, and trailing stop orders, though OCO (One Cancels the Other) is not natively integrated in MT4 and typically requires an EA or custom logic. While asset search and filtering are efficient, trading is limited to CFDs—spot stock or direct crypto purchases are unavailable. There is also no support for staking or crypto-earn features; crypto activity is strictly CFD-based and designed for speculative trading rather than investing.

Tip

Use the demo account to backtest EAs and new indicators before deploying them in live trading. This not only helps fine-tune algorithmic performance but also increases your comfort with both desktop and mobile workflows—key for confident decision-making in volatile markets.

Account Opening & Deposits

Account opening

Opening an account with AXI is a fully online process designed for both convenience and compliance. Start by completing the registration form on the AXI website, selecting your preferred account type (Standard, Pro, Elite, or Islamic) and base currency. You will be prompted to answer a regulatory questionnaire assessing your trading knowledge and risk tolerance, as is standard industry practice. After this, you must provide supporting documents for identity (government-issued ID) and proof of address (such as a recent bank statement, utility bill, or tax document).

Once documentation is uploaded, AXI’s compliance team reviews your application. Account validation is typically completed within one business day, though slightly longer processing times can occur during busy periods. As soon as your application is approved, you will receive a confirmation email with instructions to access your client portal and fund your trading account.

Good to know

Choosing your account’s base currency at registration is important—it helps you minimize conversion fees for deposits and withdrawals. Ensure your documents are fully legible and current (not older than three months) to speed up approval.

Deposits and withdrawals on AXI

AXI offers several funding and withdrawal methods appropriate for Canadian residents. Deposit options include credit/debit cards, bank transfers, and major e-wallets like Skrill and Neteller. Deposits via cards and e-wallets are typically instant, while bank transfers may take 1–3 business days to appear in your trading account. AXI supports multiple currencies, but CAD accounts are not directly listed—you may need to convert funds depending on your account’s base currency.

Withdrawals use the same methods as deposits. Requests are processed within 1–3 business days, though the total time to receive funds will depend on your bank or e-wallet’s processing speed. AXI itself does not charge fees on most deposit or withdrawal methods, but third-party banks or payment providers may levy charges—especially for currency conversion or international transactions. AXI does not offer stablecoin, crypto deposit, or integrated wallet features; crypto trading is available only as CFDs.

Good to know

Always confirm the name on your payment method matches your AXI account to avoid delays. Check for any possible banking or currency conversion fees, particularly if depositing from or withdrawing to accounts in CAD.

Account Types

AXI is a global CFD and Forex broker, offering a wide variety of account types for Canadian users and traders worldwide. While not a crypto platform, AXI focuses on leveraged CFD trading in forex, stocks, indices, commodities, and cryptocurrencies (CFD only), providing flexible account options to suit both beginners and experienced traders. Key features include low minimum deposits, swap-free accounts for Islamic traders, professional account tiers, and copy trading tools via MT4 and the Axi Copy Trading App.

Tip

If you are a frequent or high-volume trader, compare the Pro and Elite (Professional) accounts—lower commissions and spreads can make a measurable difference over time. For swap-free needs or religious compliance, confirm eligibility and request an Islamic account right after signup to avoid service delays.

Customer reviews

AXI has an overall Trustpilot rating between 4.0 and 4.3 out of 5, based on more than 1,000 reviews. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :

• Easy and low minimum account opening
• Responsive and helpful customer support, especially for new traders
• Competitive spreads and rapid withdrawal processing
• User-friendly and reliable MT4 platform
• Availability of swap-free Islamic accounts

En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :

• Limited range of asset classes compared to some competitors
• No direct stock, ETF, or spot crypto trading (CFDs only)
• Lack of advanced research tools for professional traders
• Occasional delays with account verification
• Not regulated by Canadian authorities

Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :

S.K. – 05/03/2024 : “AXI’s customer service is responsive and helpful, especially for new traders like me.”

J.P. – 17/02/2024 : “Spreads are competitive, and withdrawals are processed quickly with no extra fees.”

R.D. – 28/01/2024 : “The MT4 platform is reliable, but I wish there were more asset classes available.”

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.