Axi offers a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Axi demo account expires after 30 days and is virtually funded with $50’000 USD.
| 🔎Broker | Axi |
| Company Information | |
| 📅Year Founded | 2007 |
| 👨Current CEO | Rajesh Khosla |
| 🧑🏻🤝🧑🏻Founder/s | Axi was co-founded by a team of industry experts, including the founder of the original AxiTrader. |
| ❌Not available to: | AU, NZ, EU & UK residents |
| 🧑🏿🤝🧑🏼Partner | Partner of London & Eastern LLP. |
| Promoted by | AxiTrader Ltd. |
| 🧑🏻💻Amount of staff | 200+ |
| 👩💻Amount of active traders | 150 000+ |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | ASIC, FCA, DFSA |
| 🌎Country of regulation | Australia (*Not available in all jurisdictions.) |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 2FA authentication | Yes |
| 🔋Investor Protection Schemes | Yes (Provided by ASIC) |
| Account Types and Features | |
| ➕Accounts | Yes |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | AUD, USD, EUR, GBP, JPY, NZD, CAD |
| 💰Minimum Deposit | $0 for standard accounts; $2,000 for institutional accounts |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 days |
| 🪙Fund Withdrawal Fee | None |
| 📊Spreads from | 0.0 pips (Raw accounts) |
| 💸Commissions | $7/lot (Raw accounts) |
| 💱Number of base currencies supported | 10+ |
| 🚀Swap Fees | Yes |
| 📈Leverage | Up to 1:500 |
| 📏Margin requirements | Yes |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | 30ms |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 500+ |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| ⏲️Watch list | Yes |
| 🔔Trade Alerts | Yes |
| 💶Trading Stocks with GP | Yes |
| 💵Trading Indices with GP | Yes |
| 📌Swap on trading board | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit Cards, Bank Transfers, E-wallets (like PayPal, Skrill) |
| 💵Withdrawal Options | Bank Transfers, E-wallets, Credit/Debit Cards |
| Welcome Bonus | Varies; check current promotions |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MT4 (MetaTrader 4), MT5 (MetaTrader 5) |
| 🆕Capital allocation program | Axi Select |
| Stop-loss Instrument | Yes |
| Investor Protection Schemes | Yes (provided by ASIC) |
| 👩💻OS Compatibility | Windows, Mac, iOS, Android |
| 🖥️Forex trading tools | Economic calendar, market analysis, trading signals |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | support@axi.com |
| 📞Customer Support Contact Number | +61 2 9965 5830 |
| 🗣️Languages supported on Website | Axi’s version of the trading platform supports 13 languages: English, Arabic, Spanish, Indonesian,, Thai, Vietnamese, Chinese (Traditional), Chinese (Simplified), French, Italian, Portuguese, and Japanese. |
| Educational Resources and Support | |
| 💁Beginners Trader friendly UX | Yes |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 10,000+ |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes, Axi sponsors various sporting events and teams. |
| 🪙Rebate program | Yes |
| Community Forum | Yes |
| Social media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram |
| Official Website address | axi.com |
| Official Facebook Page | Axi on Facebook |
| Official Twitter Page | Axi on Twitter |
| Official Youtube Channel | Axi on YouTube |
| Official LinkedIn Page | Axi on LinkedIn |
| Official Instagram Page | Axi on Instagram |
| Accept South Africa Traders? | Yes |
| Is Axi regulated by the South Africa regulatory body (FSCA)? | No; regulated by ASIC, not FSCA. |
| Does Axi offer an Affiliate Program for South African Traders? | Yes. |
| Does Axi allow accounts to be opened in ZAR / Rands? | Yes, South African traders can open accounts in ZAR. |
| 👉Open Account | 👉Open Account |
Min Deposit
USD 0
Regulators
ASIC, FCA, DFSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
140+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Axi Demo Account – 8 Key Point Quick Overview
- ☑️ Overview
- ☑️ Safety and Security
- ☑️ Demo Account
- ☑️ Affiliate Program
- ☑️ Customer Reviews
- ☑️ Pros and Cons
- ☑️ Our Findings
- ☑️ Conclusion
- ☑️ Frequently Asked Questions
Overview
Axi is a leading online Forex and CFD broker with offices throughout the world. Founded in 2007 in Australia, Axi entities are regulated in a number of jurisdictions, including Australia, New Zealand, the UK, and the UAE.
Axi has grown from a two-person startup into an industry-leading global brokerage with offices in several parts of the world: Australia (Sydney), Dubai, Cyprus (Limassol), Singapore (Singapore), the United Kingdom (London), Malaysia (Kuala Lumpur), Vanuatu (Vanuatu), and the Philippines (Manila).
The broker offers a diverse range of trading instruments in Forex and CFD markets, catering to thousands of traders from over 100 countries worldwide. Committed to helping clients trade their edge, the broker partners with many organizations, such as London & Eastern LLP, to provide all-encompassing trading tools and services.
It offers several trading tools and platforms. For more experienced traders, the industry-standard MetaTrader 4 platform offers familiarity with competitive spreads, commission-free options, and high leverage (depending on entity). Axi’s innovative platform ATP—or Axi Trading Platform—boasts advanced features with a user-friendly interface. Beginner traders can leverage Axi Copy Trading, which allows the automatic replication of high-performing traders’ strategies. Finally, Axi Select, Axi’s innovative capital allocation program, empowers ambitious traders with funding to propel their trading journey.
Safety and Security
Axi is a highly regulated service provider with an Australian Financial Services Licence and a New Zealand Derivatives Issuer Licence. Moreover, Axi offers traders Secure Payments, Segregated Funds, Instant Payment Options, and Easy withdrawal procedures.
Demo Account
Axi offers a 30-day demo account so traders can practice trading and finding their competitive edge before using a live account:
- Risk-free environment
- $50K of virtual funds
- 24/5 client support
All markets available through Axi’s trading platforms on a live account are available on the demo version, except for single-stock CFDs. This means that traders can test their trading strategies on all forex pairs, stock indices, commodities, and cryptocurrencies.
After signing up for a live trading account, a non-expiring demo version can be requested.
Demo accounts operate in a simulated market environment. Performance in a demo account may differ from your real trading account. Past performance is not indicative of future results.
| 🔎 Axi Account | 🆓 Demo |
| 💰 Cost | Free |
| 💵 Virtual Funds | $50'000 USD |
| 🚩 Account Manager | Yes |
| 🤝 24/5 Client Support | Yes |
| 💻 MetaTrader4 | Yes |
| ✅ Valid | 30 Days |
| 🚀 Open an Account | 👉 Open Account |
Affiliate Program
The Axi affiliate program allows traders to refer customers to Axi in exchange for a commission. Affiliates can earn up to $1000 USD CPA per qualified client, plus a 10% commission on Sub-Affiliate earnings if they become Master Affiliates.
Customer Reviews
🥇Excellent
“I’ve been trading with Axi for over a year, and the experience has been fantastic. Their platform is incredibly stable, and the spreads are very competitive. Customer service is always quick to respond, and withdrawals are processed smoothly. I also love their educational resources, which have helped me improve my trading skills. Highly recommend Axi to anyone looking for a reliable broker!” Reviewed: Samantha White
🥈Good
“I’ve had a solid experience with Axi. The platform is user-friendly, and the spreads are reasonable. Customer support is usually helpful, although I had one instance where I had to wait longer than expected for a response. Withdrawal times are good, and I trust their regulatory framework. They could improve their customer service speed, but overall, I’m satisfied with Axi as my broker.” Reviewed: Sally Abrahams
🥉Average
“Axi has some good features, like a solid platform and decent educational resources, but their customer support is hit or miss. Sometimes, responses are quick; other times, it takes too long to get help. The spreads and conditions are okay, but I’ve had some slippage during busy market times. Withdrawal speeds are good, but they could improve their customer service and platform features.” Reviewed: George Stander
Pros and Cons
| ✅ Pros | ❌ Cons |
| Regulated by FCA (UK), ASIC (Australia), DFSA (UAE), and FMA (New Zealand) | Not regulated by the FSCA in South Africa |
| No minimum deposit required for standard accounts | No welcome bonus or promotional incentives |
| Tight spreads starting from 0.9 pips on Raw accounts | Stock trading is not available in all countries |
| Available for high-volume traders | Fewer cryptocurrency pairs available compared to competitors |
Min Deposit
USD 0
Regulators
ASIC, FCA, DFSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
140+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Findings
Axi offers a well-built trading platform with competitive spreads, fast execution, and excellent educational resources. While the broker performs well in most areas, its customer support could be more responsive, and further improvements in service availability would enhance the overall experience.
Conclusion
Overall, Axi offers a free demo trading account for beginners to practice forex trading for up to 30 days. The Axi Demo account is virtually funded with $50’000 USD.
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Frequently Asked Questions
Does Axi offer a Demo Account option?
Yes, Axi does offer a free demo trading account to beginner traders.
Can traders from the United States open an Axi Demo Account?
No, Axi does not accept US traders.
Is the Axi Demo Account Virtually funded?
Yes, the Axi demo account is virtually funded and funds are only for practice.
Does the Axi Demo Account expire?
Yes, the Axi Demo Account expires and is available for up to 30 days.
Does the Axi Demo account have any mentionable features?
Yes, the Axi Demo account comes with a Dedicated Account manager.
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