Axi Review 2026
The full Axi write-up for New Zealand traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in New Zealand
| Regulator | ASIC ASIC, Australian Securities and Investments Commission (ASIC) |
| Licence Number | 318232 |
| Regulated Entity | AxiCorp Financial Services Pty Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $0 |
| EUR/USD Spread | From 0.0 pips (ECN/Raw) |
| Instruments | 140+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
| Verify on ASIC register → | 318232 |
Verdict
Cooks under ASIC (licence 318232). Cover charge $0. In New Zealand, forex leverage is capped at 1:30.
About Axi
Axi opened its doors in 2007 out of a kitchen in Sydney, Australia. Its menu runs to 140 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by AxiCorp Financial Services Pty Ltd under ASIC.
In New Zealand, Axi serves as AxiCorp Financial Services Pty Ltd, cleared by ASIC under licence number 318232. Under ASIC house rules, New Zealand traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- ASIC regulated, licence 318232
- 140+ instruments to trade
- Negative balance protection in New Zealand
- Platforms: MT4, MT5
- Founded in 2007 (19 years operating)
- Headquartered in Sydney, Australia
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Axi regulated?
Yes. Axi is authorised by ASIC, issued to the entity AxiCorp Financial Services Pty Ltd, an authorisation you can look up for yourself on the official ASIC public register.
What is the minimum deposit for Axi in New Zealand?
The cover charge is $0, the smallest amount New Zealand traders need to open a live account with Axi under ASIC rules.
What leverage does Axi offer in New Zealand?
In New Zealand, ASIC rules cap Axi at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Axi safe to trade with?
The kitchen passes inspection: Axi cooks under ASIC. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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