Does Axi have low spreads?

Axi continually strives to keep the cost of online forex trading low, with consistently competitive spreads across a wide range of currencies, commodities and indices. In some cases, for certain account types, such as the Pro account, our spreads may be as low 0.0 pips (for certain instruments).

What is a spread?

The spread is the difference between a broker's sell rate and buy rate when exchanging or trading an instrument (e.g. a currency). Spreads can be narrower or wider, depending on the instrument involved, the time of day a trade is initiated, and various economic or market conditions. The spread is also known as a ‘markup’, or simply as the ‘cost of trading’.

Axi is able to provide competitive spreads thanks to our network of tier-one prime brokers and liquidity providers; global banks and financial institutions. These trusted sources give us access to a wider pool of liquidity. As a result, we can pass low spreads to our clients.