Axi is the quiet incumbent: running since 2007, regulated by ASIC under AFSL 318232, with FCA coverage and a raw-spread reputation. Opes Advisors notes no significant regulatory action across its history, and Myfxbook's Axi review page records competitive raw spreads of 0.0 to 0.2 pips on EUR/USD in peak hours. The Forex Peace Army review adds the community-verdict layer. Raw-spread brokers can partner with SpinDepth on pricing-led programs.
The regulation story
AxiCorp Financial Services holds the ASIC licence at the core, with FCA-authorised coverage for UK clients and offshore seats for other regions. ASIC's retail protections and Australia's leverage rules anchor the brand, which is why the entity check still matters per region. The licence guide matches your account to the right register.
Pricing and longevity
Raw spreads near zero plus a reasonable commission make Axi a scalper's consideration, and seventeen years without major regulatory action is the compounding trust that newer challengers cannot buy. Compare the raw-spread lane against Pepperstone's Razor, the other cost-first incumbent.
- Since 2007, no major regulatory action
- ASIC AFSL 318232 core licence
- FCA coverage plus offshore seats
- 0.0 to 0.2 pip raw spreads
Key takeaways
Axi's edge is seventeen years of clean regulatory history plus ASIC and FCA anchors. Its raw-spread lane competes directly with Pepperstone. Verify your regional entity, then test the spreads live.
Seventeen years without a regulatory black mark is a moat no ad campaign can buy.
The bigger picture
Raw-spread incumbents dominate the scalping lane because execution and trust compound over decades. Axi and Pepperstone define that lane, and everyone else prices around them.
What to watch next
Watch commission changes as the pricing war moves. Watch ASIC rule updates for retail leverage. And watch Myfxbook review trends as the community barometer.
How is Axi regulated?
AxiCorp holds ASIC licence AFSL 318232 with FCA coverage for the UK and offshore seats for other regions.
Is Axi a safe broker?
It has run since 2007 with no significant regulatory action across its history, an unusually clean record.
What spreads does Axi offer?
Raw spreads of 0.0 to 0.2 pips on EUR/USD in peak hours plus commission, aimed at scalpers.
