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Axi fees and how they score

Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind Axi's cost score.

Facts last checked . Read the full Axi review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
0.0 pips, Pro
GBP/USD spread
Approx. 0.2 pips, Pro
Commission
US$2.25 per side / US$4.50 round turn, Pro
All-in cost, EUR/USD
Approx. 0.45 pips
Spread type
Variable
Overnight swap
Both: overnight swaps charged/credited; swap-free accounts available
Inactivity fee
$10/month after 12 months inactivity
Deposit fee
None internally
Withdrawal fee
None internally
Currency conversion
Currency conversion applies where account and transaction currencies differ

What this means

Cost is scored on what a trade actually costs all in, not on the headline spread.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Axi lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Axi fees

What is the EUR/USD spread at Axi?

Axi records an average EUR/USD spread of 0.0 pips, Pro on a variable pricing model.

Does Axi charge commission?

Axi's commission is US$2.25 per side / US$4.50 round turn, Pro. A commission account usually pairs with a tighter spread, so the two have to be read together.

What does Axi charge to hold a position overnight?

Overnight financing at Axi is recorded as both: overnight swaps charged/credited; swap-free accounts available.

Fees at brokers under the same regulator

More about Axi