Your spreads remain exactly the same – There is no spread mark up to provide you this service.
If you have an existing account and would like to receive the commission discount, please email [email protected] with your existing account number and request a transfer to IB group number 429188 (for PRO accounts) & IB group number 426072 (for standard accounts).
Frequently Asked Questions
Axi rebates gives you a direct commission discount/ spread reduction on all your trades, allowing immediate commission savings and increased profitability.
If the discount is $1.50 per round turn lot, and you trade 100 lots, you will pay $150 less commission than another trader not using Axi rebates.
No. Absolutely not. Only you have access to such information. We only receive compensation for referring you.
You will receive a commission discount/rebate no matter whether your trades are profitable or not. There is no disadvantage to you.
Questions about Axi Rebates?
What to expect when opening an Axi account?
What to expect:Once you click the green button above, it will send you to Axi’s webpage. Go ahead and open your account there. Fill out your personal details and send your proof of identity (scanned passport page) and proof of address (scanned utility bill) and wait 12-48 hours for your account to be opened. Once your account is opened, Axi will know you came from us (through the link above) and the $1.50 commission discount will automatically be applied to your account
What to expect (if you have an existing account): Once you have emailed [email protected] and requested them to transfer your existing account number to IB group number 429188 (for PRO accounts) & 426072 (for standard accounts), Axi will respond within 24 hours saying your account has been successfully transferred. The $1.50 discount is automatically applied to your account once your account is in our IB group
- We can always assist with the account opening or transfer through live chat via Facebook message or email [email protected].
Don’t wait! The faster you sign up, the more you save!
Leave us a review in the comments section below if you have benefited from this rebate!
More information about Axi
Live spread comparison
Axi is ASIC regulated and has very competitive spreads on the majors and minors (see spread comparison table below). Typical EURUSD spread is 0.2 to 0.6pips.
Currency pairs and CFDs
|Categories||Forex, Metals, Energy, Soft commodities, Indices, Futures, Crypto|
|Notable instruments (Forex)||Majors (EURUSD, etc), Minors (GBPCAD, etc), Exotic (USDCNH, USDSGD, USDILS, USDRUB, USDINR)|
|Notable instruments (Metals)||Gold vs AUD, CHF, EUR, GBP (i.e. XAUEUR), and Platinum vs USD, Copper futures.|
|Notable instruments (Energy)||Based on cash and futures – WTI Brent, Natural Gas (futures only)|
|Notable instruments (Soft commodities)||Cocoa, Soybean, Coffee futures|
|Notable instruments (Indices)||Based on cash indexes – ASX200, China A50, S&P 500, Singapore STI 30, Hang Seng Index 50|
|Notable instruments (Futures)||Based on futures indexes – VIX volatility index, ASX200, China A50, S&P 500, Nikkei 225, Hang Seng Index 50, Euro stoxx 50, Nifty 50, US Dollar index.|
|Notable instruments (Crypto)||Bitcoin, Bitcoin cash, Dashcoin, Ethereum, Litecoin, Ripple – all priced in USD|
|Full list of products (page 5-12)|
Stop level, leverage and min trade size
|Min. distance pending orders (Stop level)||None|
|Leverage||Up to 400:1|
|Minimum trade size||0.01 lots|
Trade server location & Execution speed from VPS
Their trading servers are located at NY4 (New York) and co-location is possible from a New York based VPS from CNS (Commercial Network Services) or Beeks. Both are located within the same data centre as Axi’s trading servers and have direct cross connects to it.
Ping latency from a New York based VPS for CNS and Beeks is <1ms — Execution speed from my NY based CNS VPS is: ~172ms
Axi will credit up to $35 of the monthly CNS VPS fee for customers who trade over 20 lots in a calendar month. (Applies to Traders VPS Value Edition with 1GB of RAM). You can read a review about Commercial Network Services and Beeks VPS here.