The short answer
Axi appears to be a real, operating broker, but our review found meaningful caveats (see the red flags below). It is not an outright scam signal, but do your own checks first.
Regulation & legitimacy signals
Licensed by ASIC (Australia) and other authorities through the acquisition of One Financial Markets (2018, giving UK & Dubai access). See the risk note below for a history of regulator actions.
Green flags & red flags
- Competitive raw spreads (Pro account); MT4
- Regulated by ASIC (Australia) + UK/Dubai access via acquisition
- Founded 2007
- TWO regulator actions in 2 years: NZ FMA suspended the derivatives license (2019) & ASIC suspended the AFSL over client funds (2021)
- This dual compliance record is serious
- Leverage is high-risk
Risk & regulation note
Important (Wikipedia): in 2019, the New Zealand regulator (Financial Markets Authority) temporarily suspended AxiCorp's derivatives license for compliance-obligation breaches (license restored around 2020). In 2021, ASIC also temporarily suspended AxiCorp's Australian Financial Services Licence over client-fund reporting issues, which the company then took to the Administrative Appeals Tribunal. This is a record of dual regulator actions from two different jurisdictions within a 2-year span — worth serious consideration before signing up.
How to verify Axi yourself
- 1Check the regulator's database
Look up Axi's license number directly on the regulator's official website (e.g. FCA, ASIC, CySEC, CFTC). A real license appears in the regulator's public register.
- 2Confirm the entity that serves your country
Many brokers use different legal entities per region — a tier-1 license in one country may not cover you. Check which entity you're signing up with.
- 3Search for withdrawal complaints
Look for consistent, credible reports of withdrawal problems (not one-off angry posts). Test with a small deposit and a withdrawal before committing more.
- 4Verify the official domain
Only use the official site (axi.com). Scammers clone broker sites — check the exact URL and avoid links from unsolicited messages.
Other Axi guides
Update history
- 2026-08-01
Assessment based on our latest editorial review.