Axi — where it wins, where it loses
Axi wins on no minimum deposit, platform choice. No column in our set puts it behind the field. Priced across ten round-turn EUR/USD lots it comes 16 of 39 in this field.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
- no minimum deposit
- platform choice
Loses on
No column in this set puts Axi behind the field.
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| ASIC | AFSL 318232 | Australia | Tier 1 | AxiCorp Financial Services Pty Ltd | au.linkedin.com |
| FCA | 466201 | United Kingdom | Tier 1 | Axi Financial Services (UK) Limited | register.fca.org.uk |
| DFSA | United Arab Emirates (DIFC) | Tier 2 | AxiCorp Financial Services Pty Ltd | dfsa.ae | |
| FMA New Zealand | FSP518226 | New Zealand | Tier 2 | AxiCorp Financial Services Pty Ltd | forexpeacearmy.com |
| FSA Saint Vincent and the Grenadines (company registration) | 4303 LLC 2025 | Saint Vincent and the Grenadines | Tier 3 | AxiTrader LLC | forexpeacearmy.com |
Checkable
Facts the comparison runs on
On the record
- Founded in Sydney in 2007; the group registered a Cyprus entity authorised by CySEC in 2024.
- The Standard account quotes an average EUR/USD spread of 0.7 pips; Pro and Elite accounts quote 0.0 pips plus commission.
- ASIC proposed a suspension of AxiCorp's AFS licence in 2020 and withdrew the proposed suspension in February 2020.
- International clients are onboarded through AxiTrader LLC, registered in Saint Vincent and the Grenadines.
| Trading since | 2007 |
|---|---|
| Base | Sydney, Australia |
| Minimum to open | None |
| Leverage cap | 1:30 retail under FCA/ASIC; higher under international entities |
| EUR/USD | 0.70 pips |
| Terminals | MT4, MT5, Axi app, TradingView |
| Account tiers | Standard, Pro, Elite |
| Markets | Forex, Indices, Commodities, Share CFDs, Crypto CFDs |
| Record confidence | medium |
| Matchup-ready | yes — enough public cost data to run a head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- DFSA reference number
- CySEC licence number for the Cyprus entity
- exact commission per lot on the Pro account
Costs less
Who beats Axi on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.