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Want to see if AxiTrader is a legit broker? Is it safe to trade? It spread is high or low? How long to deposit or withdraw funds?

We provide answers to all the questions in this AxiTrader Review.

We checked all AxiTrader licenses and regulations to see if AxiTrader scam or safe. We compared AxiTrader fees like spread & commission from its live account to over 150 brokers, required time for deposit & withdrawal and many more findings all in this review.

What is AxiTrader

AxiTrader is Forex and CFD broker, established in 2007.

The broker started from Australia regulated by ASIC, and expanded further to UK under FCA regulation, offshore SVG and Dubai, overall covering global operations.

AxiTrader highlights

🗺️ Regulated inAustralia, UK, Dubai, SVG
🛡️ Is AxiTrader safe to tradeYes
💵 EUR/USD spread1.3 pips
🏦 DepositBank Wire, Cards, Skrill, Neteller
💰 Minimum depositUS$0
🏦 WithdrawalBank Wire, Cards, Skrill, Neteller
💻 Trading platformMT4
💳 Trading marketsForex, CFDs on Indices, Metals, Energies, Cryptocurrencies
📈 Number of product140+
📉 Live chat responseInstant and relevant answers


License and regulation are crucial to fund security. There are two facts checked, the broker’s license and its background, second how are you protected if something goes wrong.

Is AxiTrader legit

AxiTrader is fully legit and regulated in each region it operates, itis regulated by Australian Securities and Investments Commission (ASIC),  top-tier FCA in the UK and recently received license from DFSA in Dubai.  

AxiTrader licenses and status

EntityRegistered inRegulatorLicense no.Status
AxiCorp Financial Services Pty LtdAustraliaAustralian Securities and Investments Commission (ASIC)ACN 127 606 348 AFSL 318232Currently Regulated
AxiCorp LimitedUKFinancial Conduct Authority (FCA)509746Currently Regulated
AxiCorp Financial Services Pty LtdDubaiDubai Financial Services Authority (DFSA)Category 4 license with a ‘Retail’ endorsementCurrently Regulated
AxiTrader LimitedSVGFinancial Service Authority of St. Vincent and the Grenadines (FSA) Registered
AxiTrader Review – ASIC License
AxiTrader Review – ASIC License

Is AxiTrader safe

AxiTrader is considered safe because it is regulated by several reputable authorities including ASIC and top-tier FCA.  

AxiTrader operates 8 offices and is regulated by 3 regulators plus registered in offshore SVG.  

AxiTrader compensation scheme

EntityCompensation AmountNegative Balance Protection
AxiCorp Financial Services Pty LtdNo compensationYes
AxiCorp Limited£85,000Yes
AxiCorp Financial Services Pty LtdNo compensationYes
AxiTrader LimitedNo compensationNo

We recommend to register account with Australia or UK entities as we consider these regulations the best

AxiTrader provides negative balance protection for retail trader accounts, means account balance converts to 0 in case trades go below to negative.

Markets and Products

At AxiTrader you can trade good variety of currency pairs, Forex, CFDs on Indices, Oil, Metals and Cryptos.

For the negative side popular assets like ETFs, Stocks or Futures are not available.


Account types

AxiTrader offers two account types, Standard and Pro Account. Islamic accounts available on request.

Minimum Deposit0 USD/EUR/GBP0 USD/EUR/GBP
Spreads From0.4 pips0.0 pips
CommissionsZero Commissions7$ round
AxiTrader Review -Account Opening
AxiTrader Review -Account Opening

Fees and commissions

We ranked AxiTrader fee levels low and average based on Live Account Spreads and compared to 150 brokers in our database.

The spread we collected for popular instruments from 6 markets and over 150 brokers

ForexEUR/USD0.1-0.91-1.51.6 or higher
IndicesUS 5000.1-0.40.5-1.41.5 or higher
CommoditiesGold0.1-0.40.5-22.1 or higher
StocksTesla0.1-0.50.6-11.1 or higher
ETFsUS Russell 20000.1-0.40.5-1.41.5 or higher
CryptocurrenciesBitcoin0.1-0.5%0.6-0.9%1% or higher


AxiTrader fees are different in each account type.

Pro account spreads are good, we got 0.1 for EURUSD plus 7$ commission.

Spreads only Standard account with variable tight spreads has no commission charges. On our test trades the spreads were average levels compared to industry benchmarks and low for Forex.

MarketsInstrumentsStandard accountOther brokers’ avg spread
IndicesUS 5000.50.5-1.4
ETFsUS Russell 20000.5-1.4

Other Fees

AxiTrader has low non-trading fees. There is no fee for deposit, or withdrawals, or inactivity fee.

Trading Conditions

The trading conditions at AxiTrader are good. Almost all trading strategies are allowed including scalping and hedging.

Trading ConditionsYes/No
Hedging AllowedYes
Scalping AllowedYes
Change Leverage AllowedYes

For hedging, there is no time limitation for keeping positions.

Scalping is allowed, AxiTrader cooperating with VPS service providers, Expert Advisors (EAs) trading has  no restrictions.


AxiTrader Leverage and the change of leverage maximum levels depending on the entity regulations and goes up to 1:500.  


AxiTrader charges no deposit fees. You can choose your preferred currency and use bank transfer, credit cards, and e-wallets, although the range is different for each subsidiary.  

A bank transfer can take several business days, and payments with credit/debit cards and e-wallets are instant.

Deposit MethodFunding TimeFee
Bank Wire Transfer1-3 Working Days 0$
Credit / Debit CardInstant0$
Skrill, NetellerInstant0$
Sofort, giropay, iDealInstant0$
Polish Internet BankingInstant0$
AxiTrader Review – Deposit & Withdrawal
AxiTrader Review – Deposit & Withdrawal

Minimum Deposit

There is no minimum deposit requirement, you can start with any amount you wish on both Standard and Pro Accounts.      


AxiTrader covers fees for withdrawals, not all methods as deposits available for withdrawals, plus minimum withdrawal amount is applicable.

Withdrawals are processed quickly maximum up to 2 days by the broker, plus additional days for money to appear on your account due to payment providers.

Withdrawal MethodWithdrawal TimeFee
Bank Wire Transfer1-3 Working DaysFree
Polish Internet Banking1-3 Working DaysFree
Skrill, Neteller1-3 Working DaysFree


AxiTrader does not offer any bonuses or promotions, due to regulatory restrictions.

Trading Platform

AxiTrader mainstays solely on MetaTrader4. From the negative point, there is no alternative platforms offered.


AxiTrader MetaTrader4 is supporting multiple languages and AutoTrade via Myfxbook, it is available across all devices including Windows, Mac, and Mobile Apps for Android and IOs.

AxiTrader Review – MT4 platform
AxiTrader Review – MT4 platform

Research and Tools

AxiTrader has good research tools. Youcan useEconomic Calendar, Currency Converter and Forex Calculator on the website and range of tools inbuilt in MT4 including Autochartics, MT4 NexGen and Signal providers.

From the negative points there is no Fundamental data from market leading providers, analytics, technical analysis and daily market analysis are provided by inhouse professionals only.

AxiTrader research tools are available in different places:

  • Trading platforms
  • Trading resources section on the website
AxiTrader Review – Research
AxiTrader Review – Research


AxiTrader education content is informative and organized. You can learn via trading videos, Webinars, Tutorials, eBooks and various Tools including Expert insights designed by inhouse specialists.

AxiTrader education is good for any level of traders and you can learn:

  • Demo account
  • Trading videos, articles, eBooks
  • Expert Insights
  • Copy Trading and PsyQuation
  • ‘Learn to Trade’ section on Website

Demo Account

Demo account is offered on free basis on MT4 offered platform.

AxiTrader Review – Education
AxiTrader Review – Education

Customer Service

AxiTrader customer service is good, there are numerous toll-free lines around the world and Live agents are helpful, we also got fast answer on the Live Chat.

Customer Support available 24/5 by:

  • Live chat
  • Telephone free lines, Call back
  • Email
AxiTrader Review – Customer Service
AxiTrader Review – Customer Service

AxiTrader live chat is fast response speed we connected almost instantly

Question AskedWe asked about trading tools.
Time of ReplyWe were connected to Live Chat almost instantly
Quality of ReplyThe answer was clear, refereeing to website or platform sections


AxiTrader is a safe broker to trade. The company is regulated by reputable ASIC in Australia and top-tier FCA.

AxiTrader offers flexibility between account types and pricing models, education and platforms is rather limited, but research tools are on a good level.  

We recommend AxiTrader for technical traders, scalpers and EAs traders who prefer MT4 platform

Author of this review

By Jimmy O'Brien

Author of this review

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

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