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, our spreads may be as low a 0.0 pips.

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.