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The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
License Type:Market Making(MM)
Regulated in Country/AreaAustralia
Regulatory License No.：318232
Email Address of Licensed Institution :Simon.Hodgkiss@axicorp.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :Level 10, 90 Arthur Street, NORTH SYDNEY NSW 2060
Phone Number of Licensed Institution :02 9965 5835
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General Information & Regulation of AxiCorp
Axi is a trading name of AxiTrader Limited (AxiTrader), which is incorporated in St Vincent and the Grenadines, number 25417 BC 2019 by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines. AxiTrader is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia (ACN 127 606 348), established in 2007. Axi opened a branch in London in 2013, beginning operations in China in 2015, and entered the German, Latin American, and Middle Eastern markets in 2016, introducing over 30 new trading instruments. In 2018, AxiCorp opened back offices in the Philippines, Cyprus, and Singapore, and opened a new office in Dubai, and received permission from the Dubai Financial Services Authority to introduce cryptocurrency CFDs. AxiCorp currently holds a full license with ASIC in Australia under regulatory license number 318232.
Market Instruments of AxiCorp
Tradable markets instruments available on the AxiCorp platform includes currency pair trading, commodities trading, gold and silver trading, indices trading, oil trading, and cryptocurrency CFDs trading.
Minimum Deposit of AxiCorp
There are two account options on offer, namely the standard account and the Pro account, designed for novinces and professional traders, respectively. The minimum initial deposit required by both accounts is $0, which is quite rare compared with many other brokers.
Leverage of AxiCorp
AxiCorp, a typical Australia broker, provides its traders a high leverage available, up to 1:500. Please keep in mind that using leverage can magnify potential profits and can also increase traders' risks.
Spreads & Commissions of AxiCorp
AxiCorp Standard accounts offer a minimum spread of 1.2 pips on EURUSD, 1.6 pips on USDJPY, 1.8 pips on GBPUSD, 1.9 pips on CHF/USD, 33 pips on XAUUSD, and 2.5 pips on XAGUSD. For the Pro Account, the minimum spread for USDJPY is 0.1 pips, GBPUSD 0.1 pips, XAUUSD 13 pips, XAGUSD 1.1 pips. Commission for Forex and Metals trading on AxiCorp Pro accounts is 12 USD per lot (round turn).
Trading Platform Available of AxiCorp
AxiCorp offers traders the market-leading and widely acclaimed MT4 & MT5 trading platforms (for mobile devices, PC, Web, and Mac), Myfxbook automated trading, and ZuluTrade trading platform.
Deposit and Withdrawal of AxiCorp
AxiCorp welcomes traders to fund their accounts through the following payment methods:
Credit card (Visa, Mastercard and JCB);
Debit Card (Visa, Mastercard)
Bank Transfer (Local to International);
China Union Pay;
AxiCorp does not charge any fees for deposits and withdrawals. The minimum deposit via bank wire is $50, while other payment methods requires a minimum depost/withdrawal amount of just $5. Normal processing time will be within three days.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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