Axi Review 2026
Full Axi review for South Africa traders — regulation, spreads, fees and our honest verdict.
Regulation in South Africa
| Regulator | FSA FSA — Seychelles Financial Services Authority (FSA) |
| Licence Number | SD037 |
| Regulated Entity | AxiCorp Global Services Ltd |
| Max Leverage (Forex) | 1:500 |
| 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 |
Verdict
Regulated by FSA (licence SD037). Minimum deposit $0. In South Africa: maximum forex leverage 1:500.
About Axi
Axi was founded in 2007 and is headquartered in Sydney, Australia. The broker offers 140 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by AxiCorp Global Services Ltd under FSA.
In South Africa, Axi operates as AxiCorp Global Services Ltd, authorised by FSA under licence number SD037. South Africa traders are subject to a maximum leverage of 1:500 on forex pairs under FSA rules.
Trading Platforms
Pros
- FSA regulated — licence SD037
- 140+ instruments to trade
- Negative balance protection in South Africa
- Platforms: MT4, MT5
Cons
- No inactivity fee
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is Axi regulated?
Axi holds FSA licence SD037, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSA public register.
What is the minimum deposit for Axi in South Africa?
The minimum deposit is $0. This is the amount required to open a live trading account for traders in South Africa under FSA regulation.
What leverage does Axi offer in South Africa?
In South Africa, Axi offers maximum forex leverage of 1:500 under FSA rules. Higher leverage may be available through offshore-regulated entities.
Is Axi safe to trade with?
Axi is regulated by FSA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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