AxiTrader Review

2.745 • 154 REVIEWS
AxiTrader Limited Formerly AxiTrader.com (.au)
Updated: Nov 29, 2023
Axi.com

AxiTrader is a forex broker founded in 2007. It is regulated by ASIC (Australia), FCA (UK) the FSA (St Vincent and Grenadines), DFSA (UAE), and a member of the non-government Financial Commission. Insurance up to $1 million by Lloyd’s is available for the accounts larger than $20,000.

AxiTrader offers over 130 CFD instruments across Forex, Stocks, Indices, Commodities, Precious Metals, and Cryptocurrency categories.

MetaTrader 4 is the sole platform available. AxiTrader is partnered with the PsyQuation analytics platform and AutoTrade app by MyFxBook.

Please read AxiTrader Reviews below and share live trading experiences with this broker.

Axi.com is part of AxiTrader Limited (AxiTrader). Related sites include CMGAU.com.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 400:1
Minimum to Open Live: $1
Established: 2007
Address: Level 13, 73 Miller Street, North Sydney, 2060, Australia
Contact: service@axi.com, 6199655830
Regional offices:
Regulators: ASIC #AFSL number 318232, SVGFSA #25417 BC 2019, DFSA #Category 4 license with a 'Retail' endorsement, FCA #509746
Prohibited countries:
Trading platforms: MT4, PsyQuation
Web Trading: βœ… Yes
Mobile Trading: βœ… Yes
ECN: βœ… Yes

Trading Instruments

Currencies: (85+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (15+) Gold, Silver, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: βœ… Yes
News Trading: βœ… Yes
Scalping: βœ… Yes

Managed Accounts & Social Trading

MAM: βœ… Yes
PAMM: βœ… Yes
ZuluTrade: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, GlobalCollect, JCB, Maestro, Neteller, Ngan Luong, Payment Asia, Poli, Skrill, UnionPay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), BPAY, GlobalCollect, Neteller, Ngan Luong, Payment Asia, Poli, Skrill, UnionPay
* Please check broker website for more information
2.745 • 154 REVIEWS

Recent User Reviews of AxiTrader

D
DIANCITRA
JAKARTA, Indonesia,
Nov 28, 2023,
Registered user

axi.com not pay withdrawal client $7000 usd

Service use: Live Length of use: 0-3 Months
account metatrader in axi.com : 6041776

hello all traders around the world, immediately withdraw money you which there axi.com, I want to inform you all, that axi.com did not pay the client's withdrawal of $7000 USD, the chronology of what happened was when I wanted to withdraw all the money me $7000 USD on 23 November 2023 which there in axi.com and after I requested a withdrawal, my account was immediately frozen and my withdrawal was immediately canceled and after two days later my account was immediately closed and my withdrawal was not paid $7000 USD, and I kept sending them emails to ask about I a withdrawal but they didn't answer, so in essence axi.com doesn't want to pay my withdrawal of $7000 USD, so I want to invite all of you traders who are clients at axi.com to immediately withdraw all your money at axi com if later my withdrawal of 7000 USD until Wednesday 29 November 2023 is not pay either by axi.com, immediately take money you all if you don't want to lose your money forever, and I will update about my withdrawal of 7000 USD until 29 November 2023 whether my withdrawal will be paid or not and I will inform all of you on November 29 2023 to update the latest news its, if later on 29 November 2023 my withdrawal is not paid, immediately on that day withdraw all your money from axi.com before you lose your money forever because if my withdrawal is not in pay in by axi.com then all your money also will definitely not be in pay forever by axi.com, and if you want to ask me for proof if my withdrawal is not paid, please send me an email to email.
okay wait for an update from me on 29 November 2023 regarding my withdrawal, if later it is not in pay also by axi.com, immediately withdraw all your money , if you don't want to lose your money forever at axi.com

THIS SCREENSHOT MY ACCOUNT :

https://hosting.photobucket.com/images/i/cvxq34Nw0qdNqvFLGWzO6N0Jw4C2/metatrader_axi_citra.jpg
https://hosting.photobucket.com/images/i/cvxq34Nw0qdNqvFLGWzO6N0Jw4C2/account_6041776_citra.jpg
D
Reply by Axi submitted Nov 29, 2023:
Hi Dian, thank you for bringing this to our attention. We've thoroughly reviewed your case, and our team has initiated communication with you via email to address the withdrawal issue you've raised. Upon checking, we have returned the funds to the card/account(s) you used for deposit(s) due to your inability to respond in full to our request. Moreover, our dedicated Client Services team is actively working with you via email to provide further assistance.

If you have any additional concerns or queries, please feel free to continue the conversation with our team through email. We are here to help.

Thank you for your cooperation.

Best regards,
Axi Team
D
dba.porsche
JAKARTA, Indonesia,
Nov 18, 2023,
Registered user

UPDATE ACCOUNT : 6037888 , WITHDRAWAL HAVE BEEN TRANSFER TO MY BANK ACCOUNT

Service use: Live Length of use: 0-3 Months
hello I want update account : 6037888 ,about my withdrawal $4219 usd , axi.com have been sent my withdrawal $4219 usd to my bank account

Thank you axi.com

Nov 16, 2023 - 1 Star account in axi.com : 6037888

hello, I want to inform you all that axi.com did not pay the withdrawal client $4219 USD. it started with me wanting to withdraw my funds amounting to $4219 USD to my bank account, but after waiting 2 days, my withdrawal was canceled by axi.com. finally I sent an email to axi.com to ask about my withdrawal problem but there was no answer to process my withdrawal. in the end axi.com didn't want to pay my withdrawal of $4219 USD and froze my funds, and I want to invite all axi.com clients to withdraw all your funds as soon as possible from axi.com.

I will update you all whether my withdrawal will be paid by axi.com or not, if not, withdraw you funds all of them on axi.com before your funds are lost forever on axi.com
D
Reply by Axi submitted Nov 20, 2023:
Hi there, we're glad to hear that the concern has been resolved. We aim to provide the best service possible. If you have any more questions or need assistance in the future, please feel free to email us at service@axi.com. We're here to help.

Best Regards,
Axi Team
N
nacirmalik
Islamabad , Pakistan,
Aug 10, 2023,
Registered user

Withdrawal issue

Service use: Live Length of use: over 1 Year
I have bad experience regarding withdrawal I am using only ewallet(Skrill) for deposit and withdrawal methods.Providing details of bank account only for verification purpose.
Now issue raise on 9 august 2023 when I want withdrawal there is only option available of bank which I never use before for deposit or withdrawal.
Upon generate a ticket on customer support they give me time 24 hours after contact on 10 august there customer service inform me that it is not possible to withdrawal from Skrill you have bound to use bank account which I never used before.
They are giving me lame excuses that our team working on that intially they said it take 24 hours to resolve your issue now they blame each other.
Such a shame full act and policy.please don't work with broker it is scam now
Previously it's doing good now it's worts.
Forexpeace army I need your help please guide me what I do now
1 trader has found this review helpful
N
Reply by Axi submitted Aug 15, 2023:
Hi nacirmalik, thank you for bringing this to our attention. Your feedback is important to us, and we're dedicated to resolving any concerns you may have.

We apologize that you had this experience. Could you please try logging out of your account, clearing your cache and cookies, and then logging in again? If you continue to encounter the same issue, please email us at service@axi.com and our team will promptly assist you.

Thank you for your patience and cooperation. We're here to assist you every step of the way.

Best regards,
The Axi Team
D
Doha9188
Doha, Qatar,
Apr 18, 2023,
Registered user

Bad experience with the company and the broker

Service use: Live Length of use: 0-3 Months
I had a disappointing experience with axia trading and the broker they assigned to me, Despite being promised that I wouldn't need to pay any additional fees, the broker later informed me that I needed to pay more money. This was frustrating, especially considering the large amount of money I had already paid. I reached out to the company for clarification, but did not receive a satisfactory response. Overall, I cannot recommend this trading company or broker, and advise others to be cautious when dealing with them
2 traders have found this review helpful
D
Reply by Axi submitted Apr 23, 2023:
Hi there, thank you for taking the time to leave us a review. We're sorry to hear that you have this experience. We would like to investigate this further and work with you to find a resolution that meets your needs.

To help us better understand the situation, could you please send us an email at service@axi.com with your Axi Account details and any additional information about the fees you mentioned?

Thank you for your understanding and we hope to hear from you soon.

Regards,
Axi Team
I
Ildospag
Rio grande do sul, Brazil,
Dec 30, 2022,
Registered user

I can’t withdraw from Axi

Service use: Live Length of use: over 1 Year
I can't withdraw, I've been trying for weeks, they always make up an excuse, ask for extracts, say to try to do it on the computer instead of the cell phone, they're fooling me.

Jan 18, 2022 - 5 Stars I have been using Axi for a few months now and everything is right, from their costs and trading performance is one of the best among the top brokers. Besides having Australia's Asic, they have the UK's FCA, so they are well regulated.

I saw that they accept cryptocurrency deposits and withdrawals, but I haven't used this method with them yet. At the time I deposited, the profits had to be withdrawn by a bank account and not by crypto too, so I decided to do it by bank transfer.

Reply by Axi submitted Jan 21, 2022 Hi Ildospag, thank you for the awesome review. We work hard to meet expectations like yours, and we're happy to hear we hit the mark for you.

Cheers,
Erin
1 trader has found this review helpful
I
Reply by Axi submitted Jan 4, 2023:
Hi Ildospag, thank you for taking the time to write us a review. We apologize that our service did not meet your expectations. In order for us to investigate this matter, please provide us with your full name, registered email address, account number, and the details of your concern. We'll take this on board and get back to you as soon as possible.

You may email it to us at service@axi.com

Thank you.

Regards,
Axi Team
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Frequently Asked Questions

Is AxiTrader a good broker?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if AxiTrader is a good broker. https://www.forexpeacearmy.com/forex-reviews/7534/axitrader.com.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent AxiTrader community discussions: https://www.forexpeacearmy.com/community/tags/axitrader/

What is the minimum deposit for AxiTrader?

AxiTrader doesn't have minimum deposit requirement for all available types of accounts.

Is AxiTrader regulated?

AxiTrader is a registered business name of AxiCorp Financial Services Pty Ltd (AxiCorp) which is regulated in several countries.
  • AxiCorp Financial Services Pty Ltd (AxiCorp) is regulated by Australian Securities and Investments Commission (ASIC): AFSL number 318232
  • AxiTrader Limited (AxiTrader) is regulated by Saint Vincent And Grenadines Financial Service Authority (SVGFS): 25417 BC 2019
  • AxiTrader UK is regulated by United Kingdom Financial Conduct Authority (FCA): 509746
  • AxiCorp Financial Services Pty Ltd (DIFC Branch) is regulated by Dubai Financial Services Authority (DFSA) under a Category 4 license with a 'Retail' endorsement and is not authorized to hold client assets or client money. 

Is AxiTrader a market maker?

AxiTrader is a STP broker not a market maker.
  • Trading on AxiTrader Standard account,  you only need to pay for the spread, which is the difference between the buy and sell price.
  • Trading on AxiTrader PRO account, you will receive a reduced spread and a commission charge will occur based on the base currency of your trading account and the size of your trade.

Is AxiTrader an ECN broker?

AxiTrader is a STP broker which provides 2 types of account, Standard account and PRO account.

AxiTrader PRO accounts have all ECN conditions. In other words, PRO account is an equivalent of ECN account.