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Axi review

Trust 8.5/10

AU broker (formerly AxiTrader, founded 2007). FMA-NZ regulated. Strong copy trading via Axi Select. Raw spreads with $7/lot commission.

ASIC
FCA
DFSA
FMA-NZ

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At a glance

Min deposit
$0.00
Max leverage
1:500
EUR/USD spread
0.10 pips
Commission
$7/lot

Pros

  • ASIC and FMA-NZ regulated
  • No minimum deposit
  • Axi Select copy trading platform
  • Tight raw spreads
  • Strong customer service

Cons

  • No cTrader
  • Limited proprietary platform
  • Smaller asset coverage than tier-1

Account types

AccountAvailableBest for
Raw / ECN spreadScalpers, algo traders, high-volume
StandardAll-in spreads, simpler costs
Swap-free / IslamicSwing traders, religious requirements

Platform support

PlatformSupported
cTrader
MetaTrader 4
MetaTrader 5
TradingView
Proprietary

Trading costs

ItemValue
EUR/USD avg spread0.10 pips
Commission per standard lot$7 round-trip
Swap fees competitive?
Withdrawal speed
Deposit methods
Base currencies

Best for

NZ residents
Copy traders
AU residents wanting FMA-NZ option

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