AXI Spreads and Fees Review

logomark Luca Puddu calendar Last Updated: November 2021 timer 5 min read
Connect with us

Axi is a popular forex broker which is regulated in multiple jurisdictions and has offices around the world. Not only is the company trusted amongst forex traders, but provides a compelling product offering, which you can learn more about in our complete Axi Review. In this guide, we shall focus on covering Axi fees.

AxiTrader is very often abbreviated to Axi, which is easier to pronounce and faster to type.

By knowing the Axi fees, you’ll understand if your trading strategy or style is compatible with this broker.

Table of contents

Fees charged when trading with Axi

Forex brokers, such as Axi, charge a variety of different fees.

Axi fees include spreads, commissions, swaps and deposit and withdrawal fees.

Axi Trading Spreads, Commissions and other Fees

The type of Axi Trading fees we will explore in this guide are:

  • Spreads, which start from 0.0 Pips for the Pro Account and 0.4 Pips for the Standard Account
  • Commissions, which are $7 round trip and are only applicable to the Pro Account
  • Overnight fees, also known as swaps

Overview of the trading costs between Axi account types

Axi Deposit and Withdrawals Fees expected

Besides the fees you pay to open and close trades, some brokers also have fees for depositing and withdrawing funds from your account.

In general, Axi does not charge deposit and withdrawal fees. However, for credit cards and e-wallets, there might be fees once you exceed a total of $50,000 USD in deposits in a single month. Most traders are unlikely to exceed depositing this much via a credit card or e-wallet.

If you deposit in a currency which doesn’t match the one you opened your trading account with, then conversion fees are applied.

Axi supported payment method with expected fees and times

Types of Spreads with Axi explained

Depending on your trading account, Axi fees are often charged as part of the spread. This section will provide insight into the spreads which you can expect for each trading account.

Variable and Fixed Spread offer

Axi only offers variable spreads. Spreads start from 0.0 Pips for Pro Account and from 0.4 Pips for Standard Account.

Fixed spreads are very useful if you want the spread to be stable within a certain range, but they are generally higher than the variable ones. However, there are a few exceptions that you will find in our fixed spread brokers top 10.

Axi Spread differs on instruments

With Axi, you can trade more than 130 different trading products. The range of trading instruments includes forex and CFDs on commodities, indices, and cryptocurrencies. The spreads for the ‘Standard Account’ are competitive, and no trading commissions are charged. At the same time, the ‘Pro Account’ offers spreads starting at zero and charges just $7 USD round trip commission.

Axi Spread differs on accounts

The Spreads are different for each trading account. Therefore, the Axi fees depend on the account type you have chosen.

Axi Fees Standard Account Pro Account
Set-up costs Zero Zero
Minimum Deposit $0 $0
Spread from (pips) 0.4 0
Commission per lot None $7 round trip (USD)

An Islamic Account is available with Axi.

  • No minimum deposit
  • No swap fees
  • An administration fee of $60 per lot for EUR/USD is charged for holding positions overnight. The admin fee could vary depending on the currency pair.

Axi Spread: review on various assets

In this section of the guide to Axi fees, we’ll take a look at how Axi spreads apply to different instruments and asset classes. You are going to see that the spreads offered are very low and competitive. However, many forex brokers have started offering extremely competitive spreads, and if you’re interested to know which ones are the best, you should take a look at our top 10 with the best low spread forex brokers.

Axi Forex Spread

Axi is one of the best low spread forex broker and offers more than 70 currency pairs. The spreads on all forex trading pairs are variable according to market conditions. The spreads are very competitive for Standard Accounts as there are no other trading commissions applied to trades. The Pro Accounts apply a trading fee of $7 USD. However, traders get to enjoy raw spreads starting from zero Pips. There may be swap rates applied when holding forex positions overnight. See the below table for Axi fees on popular forex pairs.

Axi Forex Spread Standard Account Pro Account Admin Fee per Lot
EURUSD 1.1 0.1 + $7 round trip/lot Long 60
Short 0
USDJPY 1.0 0.1 + $7 round trip/lot Long 0
Short 15
GBPUSD 1.2 0.2 + $7 round trip/lot Long 30
Short 0
EURGBP 1.2 0.4 + $7 round trip/lot Long 40
Short 0

Axi Indices Spread

Axi offers 17 index CFDs in which you can trade alongside the many forex pairs and other asset classes which are provided by the broker. The most popular indices, such as DOW E-mini, NIKKEI 225, EURO STOXX 50, are available to trade. Swap rates may be applied for holding positions overnight. Check the spreads in the table below.

Axi Indices Spread Standard Account Pro Account
US500 0.45 0.45
NASDAQ 1.6 1.6
FTSE100 2 2

Axi Commodities Spread

Axi provides more than 10 CFD commodities instruments, which include oil, gold and silver. Variable swap rates may be applied when holding commodity CFD positions overnight. Check the spreads in the table below.

Axi Commodities Spread Standard Account Pro Account
GOLD 0.16 0.16
US OIL 3 3
UK OIL 3 3

Axi Crypto Spread

Axi offers popular cryptocurrencies to trade as CFDs. The available cryptos include Bitcoin, Dash, Ethereum, Litecoin and Ripple. Cryptocurrency CFDs can be subject to swap fees. You can find the spreads in the table below.

Axi Cryptocurrencies Spread Standard Account Pro Account
BTC 14 14
ETH 2 2
XRP 1.5 1.5

Axi Spreads vs Other similar brokers

Axi is an ECN forex broker, and therefore, the company presents low spreads compared to other major brokers. The range of instruments offered by Axi is appealing, as it allows you to get exposure to a number of different markets.

The commissions you pay as fees to trade with Axi depend on the account type you choose.

  • Standard Accounts offer competitive spreads with no other trading commissions.
  • Pro Accounts present a trading fee of $7 USD with raw spreads.

For both account types, there are typically no deposit and withdrawals fees. Only in rare circumstances would you find yourself needed to pay anything to fund or withdraw from your account.

Axi Pepperstone FBS
Minimum Deposit $0 $200 $1
Fixed Spreads No No Yes
Spreads from 0.0 pips 0.0 pips 0.0 pips*
Forex Commission $7 round turn/lot $3,50/lot $20/lot**
Total Number of Assets 130+ 180+ 70+
CFD assets Yes Yes Yes
Real assets No No No

*Low spreads available under FBS.com (IFSC regulated)

**For a 0 pip fixed spread account. For raw spread accounts the forex commission is $7/round turn.

Axi Spreads and Costs: Final Overview

Axi fees are highly competitive and very compelling, particularly for active forex and CFD traders. Here is a summary of the unique advantages traders can enjoy:

  • The spreads are low. You can take a look at the tables above, which highlight the trading costs associated with each asset class.
  • There are no deposit and withdrawals fees in most circumstances, making it affordable to add and remove money from your trading account.
  • No inactivity fee is charged if your account goes inactive because you decided to take a break from trading.

If you want to know more about the broker, such as any other fee charged, the order execution method, and more, check our Axi Review.


About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


Leave a Reply

Your email address will not be published. Required fields are marked *

Keeping you better informed

Find and compare the best
Online brokers for you

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2021 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Sitemap