"Axi" was founded in 2007Maximum leverage of 1,000x, narrow spreads, and high execution speedThis overseas forex broker possesses attractive features for those considering trading in overseas forex
This article provides a detailed overview of Axi's cashback program, how to open an account, and the advantages and disadvantages of using Axi
The overview of Axi is as follows. Later on this page, we will explain the features of Axi in detail, divided into advantages and disadvantages, so please refer to it if you are considering using Axi
Operating company
AxiTrader Limited
Establishment
2007
Registered address
Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines
Financial License
Australia (ASIC) (Registration number: ACN 127 606 348)
Leverage
Up to 1000x
spread
1.2 pips/USD/JPY, 1.3 pips/EUR/USD *Subject to change due to variable spread
When using overseas forex services, one thing you should definitely take advantage of isCashbackSince it allows you to conduct transactions at a great price, there's no reason not to use it
This article explains Axi's cashback program. We'll cover everything from basic information to how much you can save with the cashback and the process of receiving it, so please use this as a reference.
The cashback rates for Axi when using MoneyCharger are as follows:
Zero Standard Account
40% of the spread
Premium Account
17% of the spread
Elite Account
10% of the spread
*The above cashback rate is for a 1 Lot trade
How much cashback can I receive from Axi through Money Charger?
This article explains how much cashback you can receive by using Money Charger (Manecha)
As an example, we will show you how much you can save by using Money Charger (MoneyCharger) in the following transaction
*All figures are as of March 2023. Conditions and rates are subject to change
① If you are not registered with a cashback site but register with Money Charger (MoneyCha)
Simply by registering with Money Charger (Manecha),Get a 487,500 yen cashback with your usual transactionYou can obtain this
When trading in overseas forex, you can make more profitable trades by using cashback websites
*All figures are as of March 2023. Conditions and rates are subject to change
② If you switch from T Company, the industry leader, to Money Charger (MoneyCha)
By switching to Money Charger (Money Charger), which boasts a high cashback rate,You can receive more cashbackis In the above case, simply switching to Money Charger (Manecha) will result in a monthly cashback of 253,500 yen
There are various cashback websites, but to receive the most cashback, choose one that suits your trading situation
*All figures are as of March 2023. Conditions and rates are subject to change
Reasons why you should use cashback with Money Charger (Manecha)
When using a cashback site, the cashback rate and the speed at which the money is received are important factors
Money Charger (Manecha) has the following information regarding the businesses listedWorld's best cashback rate and fastest withdrawal speedIt boasts of this
The listed businesses are as follows: (As of June 2023)
If you are using the relevant overseas forex broker, you can register with Money Charger (MoneyCha) and receive cashback based on your trading activity
Money Charger (Manecha) offers a smooth registration and withdrawal process
Registering with Money Charger (Manecha) is very easy. Simply enter the required informationRegistration takes only 3 minutesI will
Furthermore, the process of withdrawing the cashback was also very smooth
Cashback can be received as early as the same day of the transactionI will
*With FXFair and IS6FX, funds can be received the day after the transaction
The cashback rates of the listed businesses are the highest in the world
For businesses listed,World's highest cashback rateIt boasts of this
Money Charger (Manecha) is a company that has been involved in a wide range of FX-related businesses. As a result, it has strong connections with brokers and is able to offer cashback services with the best possible IB (Introducing Broker) commission rates.
*All figures are as of March 2023. Conditions and rates are subject to change
Points to note when using cashback sites with Axi
When you receive a cashback service from a cashback website,There is a possibility that you may no longer be able to receive account opening and deposit bonuses offered by overseas forex brokersThere is
Whether cashback from a cashback website or account opening/deposit bonuses are more advantageous depends on your trading style, so we recommend considering this beforehand
How to receive cashback with Axi! Account opening is required
To receive cashback with Axi, you first need to register with the cashback website. After registering, you will need to open a new or additional Axi account and link it to the cashback website
After that, you will receive cashback if you continue trading overseas forex as usual
This section explains the process of receiving cashback through the cashback site "Money Charger (Manecha)"
STEP 1: Register with Money Charger (Manecha)
*Registration is required only if you are using Money Charger (Manecha) for the first time. If you have already registered with Manecha, please proceed to the Add FX Account Opening
Please enter your name (in Roman letters), email address, and password, then click the "Register" button
A verification email will be sent to the email address you entered. Clicking the "Verify" button in the email will complete the "Moneycha User Registration" process
*If you do not receive an email, please check that the email address you entered is correct and that it has not been delivered to your spam folder
STEP 2. Open an Axi account
After registering with Money Charger (Manecha), you will need to link your bank account. This guide explains how to open a new Axi account and how to open an additional account if you are already using Axi.
For new account openings
By clicking the button below and proceeding with the new account creation process on the displayed screen, you can open an account linked to MoneyChat
*Please note that cashback will not be provided for accounts opened without pressing the button above. *A minimum initial deposit of $500 is required for premium accounts. Please note that you can only trade using fund transfers after your initial deposit has been made.
Please add an account from the "Add Account" section on your Axi My Page. By entering the partner code below in the "Reason for Additional Account Opening" field and proceeding with the additional account opening, you can open an account linked to MoneyChat.
*Please note that cashback will not be provided for accounts opened without entering the referral number above. *If the settings section does not appear, please follow the new account opening procedure with a new email address.
① Log in to your Money Charger (Manecha) My Page. From this page, enter your registered email address and password, then click the "Log in" button.
② Add a cashback account on the account management screen : Click the Account Management tab in the menu select Axi from the dropdown menu for the company name enter the Axi you opened in the Account Number field ; click the Add button.
*If there are no problems with the procedure, the status will be updated to approved within one business day, and you will receive a confirmation email at the registered email address. If there are any issues, we will notify you by email, so please follow the instructions in the email to complete the additional procedure.
STEP 4. FX trading
With these steps, the linking of your Money Charger (MoneyCharger) and Axi accounts is complete
Let's proceed with the transaction as usual
STEP 5. Cashback Withdrawal
Within the day following the transaction, the details will be reflected in the cashback transaction history for each account number, and you will be able to request a cashback withdrawal
Cashback can be received as early as the same day of the transactionI will
Five advantages of Axi / Positive reviews
Here are five advantages and user reviews of Axi
Axi offers a maximum leverage of 1,000x, resulting in exceptional trading efficiency
There are two methods for deposits and withdrawals! Both deposits and withdrawals are fast!
Axi offers narrow spreads on all accounts
Axi offers a zero-cut system and Japanese language support for worry-free use
We employ the NDD (No Dealing Desk) system, resulting in high execution speed and transaction transparency
When trading forex overseas, it's crucial to find a broker that suits your needs. Please use this information as a reference when choosing a broker
① Axi offers a maximum leverage of 1,000x, resulting in exceptional trading efficiency
The advantages of Axi are,Up to 1000x leverageThat's right. Japanese FX brokers have a maximum leverage of 25 times, so by using Axi, you can trade with 40 times leverage
However, leverage varies depending on the product and account type. Let's look at each one in turn
Leverage for each of Axi's products
At Axi, leverage varies depending on the product. Be sure to check the leverage for the product you wish to trade beforehand
The leverage for each product is as follows:
Products handled
Leverage
FX
Up to 1,000x
Stock CFDs
up to 20x
Index CFD
Up to 500x
Commodities
Up to 1,000x
Energy
Up to 200x
metal
Up to 1,000x
Cryptocurrency CFDs
Up to 200x
CFD
Up to 500x
Axi's leverage varies depending on the product,Up to 1,000x leverage on FX, commodities, and metalsThey offer a wide variety of securities, so you should be able to find a product that suits your trading style
Leverage varies depending on the product being handled, so we recommend checking in advance
Leverage by account type in Axi
Axi offers three types of accounts. While the leverage is the same for all accounts, each account type has different features, so consider which one suits you best
The characteristics of each account are as follows:
Account type
Features
Leverage
Standard Account
There is no minimum deposit amount, allowing you to deposit even small amounts. While the spread is wider compared to other accounts, it has the advantage of no transaction fees. Recommended for those who want to invest small amounts or beginners
Up to 500x
Premium Account
There is no minimum deposit, allowing you to deposit even small amounts. While the spread is low, starting from 0.0 pips, the trading fees are higher compared to other accounts. Overall, it's a well-balanced account
Up to 500x
Elite Account
The minimum deposit is a high $25,000, and you need to apply to customer support when opening an account. Although the barrier to entry is high, the spreads are narrow starting from 0.0 pips and the trading fees are low, making it recommended for advanced traders
Up to 500x
The "Standard Account" is easy to start with and suitable for small investments and beginners; the "Premium Account" offers a good overall balance and is suitable for beginners to intermediate investors; and the "Elite Account" has a higher barrier to entry but offers better conditions and is suitable for advanced investorsAccounts that cater to various usersThey are all available
You should choose an account that suits your own circumstances
② Two deposit and withdrawal methods available! Both deposits and withdrawals are speedy
This section explains how to deposit and withdraw funds from Axi
Also, AxiCustomer reviews mention "fast deposits and withdrawals."We will also introduce this, including feedback from actual users
h4 Payment Methods (Credit Card, Bank Transfer, etc.) and Fees
Axi offers two deposit methods:There are no fees for any of the payment methodsis
Details for each payment method are as follows:
Payment Methods
Account base currency
Deposit fee
Minimum deposit amount
Time until account reflection
Bank transfer
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
free(※)
none
1-3 days
Cryptocurrency
BTC・USDT・XRP・ETH・XLM・LTC
free(※)
30 USD
Within 1 hour
*Free up to 50,000 USD per month
While bank transfers take 1-3 days to be reflected in your account, there is no minimum deposit requirement. Cryptocurrency deposits are processed and reflected within an hour, making it much faster and allowing you to start trading smoothly
Withdrawal methods (bank, bitWallet, etc.) and fees
Axi offers two withdrawal methods
Regardless of the withdrawal methodWithdrawal fees are freeis
Axi is known for its fast deposits and withdrawals
Axi isKnown for its fast deposits and withdrawalsFaster deposits allow you to trade more effectively without missing opportunities, and faster withdrawals provide peace of mind when trading
Here are some actual tweets regarding deposits and withdrawals on Axi
Many users have given it high ratings, so you can use it with confidence
Axi's spreads are generally narrowEven the "Standard Account" offers relatively narrow spreads compared to other brokersNo transaction fees are chargedTaking that into consideration, it can be said that you can make a favorable deal
Also, the "Premium Account" and "Elite Account" areAlthough there are transaction fees, the spreads are even narrowerThis is the situation. Considering the total cost, it can be said to be a favorable condition
Axi offers three account types: "Standard Account," "Premium Account," and "Elite Account." Of these, the "Premium Account" and "Elite Account" have the same spreads
The following is a list of average spreads for major currency pairs on Axi's FX market. Other spreads can be viewed on Axi's partner websites
④ Axi can be used with peace of mind thanks to its zero-cut system and Japanese support
Axi isZero-cut system and Japanese language supportWe have implemented this system, allowing you to use overseas forex trading with peace of mind
Even beginners in overseas forex trading can start trading with confidence
A zero-cut system with no margin calls is employed, however, applications must be submitted each time
In Axi,A zero-cut system is adoptedIt is done. However,Zero cut is not performed automaticallyTherefore, you will need to contact customer support each time
If your negative balance is less than $20,000, it will generally be covered by a zero-cut policy
Also, in AxiComprehensive support is available in JapaneseYou can contact us using the following methods
It's reassuring to know that you can contact them immediately if you have any concerns
inquiry
Usage time
Reply time
chat
Weekdays 9:00 AM - 8:00 PM
Immediately
email
24-hour reception
Within 1 business day
phone
Weekdays 9:00 AM - 8:00 PM
Immediately
⑤ We have adopted the NDD (Non-Dealing Desk) system, resulting in high execution speed and transaction transparency
Axi's ordering methodThe NDD system is adoptedI am doing it The NDD (No Dealing Desk) method allows traders and the market to interact directly, resulting in improved execution speed and transaction transparency
In the NDD (No Dealing Desk) system, overseas forex brokers' revenue comes from the spread, so spreads tend to be wide. However, Axi uses the NDD system while also offering narrow spreads.
Many users appreciate Axi's narrow spreads and strong execution capabilities, which can be considered one of its attractive features
By the way, here are my impressions after trying out Axi for a bit. The spreads were really narrow and there were absolutely no problems with order execution. Deposits were also incredibly fast! I haven't withdrawn anything yet, but if withdrawals are also fast, I would personally like to use their services again in the future.
AXI is back online! There's a small fee, but the spreads are narrow, so it's worth it! Execution is precise, and withdrawals are instant. I recommend opening an account via MoneyChat. pic.twitter.com/Q9Lob8NcJm
— Takamaru @10,000 Yen Challenge in Progress @Super High Leverage FX 2000x Trader (@TAKAMARU73) March 3, 2023
Here, we'll introduce the disadvantages and negative reviews of Axi
We do not offer any ongoing account opening bonuses or deposit bonuses
The financial licenses they hold are minor
Since overseas forex brokers have various features, be sure to check them along with their advantages and positive reviews
① We do not offer any ongoing account opening bonuses or deposit bonuses
Axi has,There are no ongoing account opening bonuses or deposit bonuses。
However, if you take into account factors such as the narrow spread and high execution speed,The overall cost performance is goodIt would be fair to say that
Please note that Axi does not offer any bonuses of its own, but you can open an account through a cashback siteYou can receive cashbackis
Money Charger, a cashback site, allows you to receive cashback based on your trading activity by opening a TitanFX account through their site
If you want to receive bonuses with Axi, be sure to use MoneyCharger!
Axi isA financial license from "Saint Vincent and the Grenadines FSA"It has been obtained Some people may feel uneasy because the license is from a relatively minor country like Saint Vincent and the Grenadines
The reliability of the "St. Vincent and the Grenadines FSA" itself cannot be said to be high However, the parent company holds a highly authoritative financial license from Australia's "ASIC,"Axi is highly reliableIt would be fair to say that
Frequently Asked Questions about Axi
This section answers frequently asked questions about Axi in a Q&A format
Q. Are MT4 and MT5 available? Q. Have withdrawal refusals ever occurred? Q. Are there any trading restrictions on Axi?
Q. Can I use MT4 or MT5?
In Axi,Only usable with MT4is
They also offer a platform that makes trading on MT4 more advantageous, making them a recommended overseas forex broker for those using MT4
Q. Have you ever experienced a withdrawal refusal?
Based on our independent research into Axi's withdrawal refusals, we found thatWe could not find any reviews or comments indicating that withdrawals were refused。
This overseas forex broker can be considered a trustworthy and reliable trading platform
In the unlikely event that a withdrawal is refused, it is likely that the user has violated the terms of service. When trading, we recommend that you fully understand the terms of service to avoid withdrawal refusals.
Q. Are there any trading restrictions on Axi?
Axi uses an NDD (No Dealing Desk) system and has no trading restrictions, so scalping and automated trading (EAs) can be used freely. With its narrow spreads and high execution speed, Axi is advantageous for scalping and automated trading (EAs)
Since some overseas forex brokers prohibit scalping, Axi is recommended for those who want to engage in scalping
summary
This article explained Axi's cashback offers and its advantages and disadvantages
Axi has leverageMaximum leverage of 1.000x, narrow spreads, and high execution speedThese are just some of the conditions that make overseas forex trading more advantageous
While there are no permanent bonuses, you can trade more profitably by taking advantage of cashback offers
Money Charger (Manecha)You can receive cashback from Axiis With a high cashback rate, you can make more profitable transactions
If you're taking advantage of Axi's cashback program, be sure to use Money Charger (Manecha)