Axi Deposit and Withdrawal In Detail | No Fees

Introduction

AxiTrader or simply Axi is an Australian Broker that has over 60,000 clients worldwide. Axi is basically a Forex and CFD broker, and you can also trade other instruments like commodities and cryptocurrencies. Axi has negative balance protection and is also regulated by top-tier financial authorities like FCA and ASIC. Axi has high-quality educational materials as well as a demo account to help you start trading as soon as possible.

Account Currencies

The Axi account has 0 base currency options:

• AUD
• CAD
• CHF
• EUR
• GBP
• HKD
• JPY
• NZD
• SGD
• USD

Notes:

• You will not be charged with conversion fees if your account has the same currency as your bank account or when you trade assets with the same currency of your account.
• If you want to avoid being charged with conversion fees, you can open a multi-currency bank account at a digital bank.

Deposit and Withdrawal

Axi supports depositing/ withdrawal using different methods such that:

• Credit/Debit Card
• POLi
• Bank Transfers
• FasaPay
• Sofort
• GiroPay
• iDeal
• Neteller
• Bitcoin
• Skrill
• Boleto
• Brazil Internet Banking (TED)
• Chinese Internet Banking
• Thailand Internet Banking
• Vietnamese Internet Banking
• Indonesian Internet Banking
• Polish Internet Banking
• Hong Kong Internet Banking
• Malaysian Internet Banking
• Singapore Internet Banking
• Philippines Internet Banking
• South African Internet Banking
• Nigerian Internet Banking
• Kenyan Internet Banking & MPESA
• Ghana Internet Banking & Mobile Money
• Cambodian Internet Banking
• Laos QR Payments
• Myanmar QR Payments
• Global Collect

Axi deposit and withdrawal methods

Fees

Payments are free for both depositing and withdrawal from Axi. Please note that for withdrawal, there is a minimum amount to withdraw for each method.

Time

Payments are processed instantly for all methods, except for the bank transfers that may take 3 to 5 business days.

Deposit and Withdrawal Fees

Notes:

• AxiCorp is required by statutory anti-money laundering and counter-terrorism financing obligations to report any activity by an individual, company, or trust that could be construed as suspicious to the Australian Transaction Reports and Analysis Centre (AUSTRAC).
• Axi does not charge any fees for deposits or withdrawals, for any payment method. However, please be aware that you may incur fees on payments to and from some international banking institutions and that AxiCorp accepts no responsibility for any such bank fees. Please also note that your bank may view payment to Axi as a cash advance and bill you according to your cash advance rules.
• If there is sufficient evidence that deposits made are not for trading purposes, Axi reserves the right to pass on the deposit fees at the time of withdrawal.
• Axi does not charge any fees for the first $50,000 deposited each month. If you exceed this monthly Fee Free Limit, Axi reserves the right to pass on your Neteller and Credit card transaction fees. If you have further questions, please contact your account manager.

FAQs

1. Does Axi give a bonus?

• Axi Broker offers a $50 No Deposit Bonus to start live Forex without any initial investment.

1. Where is my money held?

• In segregated bank accounts far away from Axi’s own funds.

1. When trading forex, will you lose more than your initial deposit?

• MetaTrader 4 is set to automatically close your positions when your margin requirement reaches 100% (stop out level).
• Please note that this process is automated and does not guarantee that your account will not enter into a negative equity situation. You should keep a balanced amount in your account above your required margin.

1. Does Axi accept payments from third parties?

• Payments should be from an account that holds the same name as yours.