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58 brokers measured in Pakistanbroker data checked 27.08.2026
Axi logoAxiOnboarded to offshore AxiTrader LLC / AxiTrader Ltd (SVG).

Axi in Pakistan — review, licence and costs

Written and checked by the Indus Review editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of PakistanOpened by Axi (Pakistan) (Pvt.) Ltd., register checked 09.07.2026

Score (6 of 6 axes scored)

3.77/ 5.0

ranked against full-basis brokers

2 + 3 × 0.590 = 3.77 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Onboarded to offshore AxiTrader LLC / AxiTrader Ltd (SVG).
Founded
2007
Retail leverage
500PK
Round turn
7 USDPK
Currencies
No PKR account; USD (also AUD/EUR/GBP).
Swap-free account
yes

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

No SECP licence; SVG FSA registration only.
No licence number published for Pakistanchecked 09.07.2026secp.gov.pk
Open an account with Axi

The broker's own website. Not a partner link — we earn nothing from it.

Taxes for a Pakistani resident(1 rule)

  • Forex/derivatives trading profit for residents is generally taxed as income;https://axi.com

Not tax advice. Check with the Federal Board of Revenue.

Who actually onboards you

Entity that onboards Pakistan residents
Onboarded to offshore AxiTrader LLC / AxiTrader Ltd (SVG).
Local standing
Not regulated by SECP/SBP; offshore. Retail margin forex is not locally authorised in Pakistan.
Licence as the register states it
No SECP licence; SVG FSA registration only.
Leverage for this entity
Up to 1:500 (offshore).
The firm behind it
Founded 2007, Sydney; group ASIC/FCA/DFSA/CySEC/SVG.
What we hold against it
FCA clone warning + ASIC clone-firm alert. No SECP oversight; local forex/crypto restrictions apply.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.

Offshore entity · onboards youOnboarded to offshore AxiTrader LLC / AxiTrader Ltd (SVG).Offshore entity · SECP licence —
1:500PK
Pakistan median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youNot regulated by SECP/SBP; offshore. Retail margin forex is not locally authorised in Pakistan.
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Pakistan market median(priced from 36 of 62)

Round turn, 1 lot EURUSD, spread plus commission, USD
Axi, raw spread plus commission7
Pakistan median, all 36 priced7
Pakistan median, the 27 priced on the raw spread plus commission6.5

Medians run over the 36 of 62 brokers that publish a price for Pakistan, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Standard (USD 0), Pro (USD 0), Elite (USD 25, 000). The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Payouts

Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.

Deposit and withdrawal methods (5 methods · 0 local rails)

No verified PKR local rails;

  • Cards
  • Bank wire
  • Skrill
  • Neteller
  • Crypto
Account currency
No PKR account; USD (also AUD/EUR/GBP).
Fee declared
5 of 5 methods
Withdrawal back to
the funding method

Where it does not serve(26 countries)

United StatesUkraineAfghanistanAngolaBelarusBoliviaRepublic of CongoCubaDemocratic Republic of CongoEl SalvadorHaitiIranIsraelLesothoLibyaMyanmarPanamaParaguayReunionSomaliaUruguayYemenFranceoverseas French territoriesAustraliaNew Zealand

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(5 platforms)

  • MT4
  • MT5
  • Axi platform
  • TradingView
ClassCountMin spread
MT4—0.6
MT5—0.6
Axi platform—0.6
TradingView—0.6
All instruments450+—

114 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 108 more.

Identical for every row: Leverage 500 PK.

Reviews(1 platform · 25% of the score)

4.4/ 5
Trustpilot rating
6,683
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.46,683

Share of reviewers in Pakistan: — The platform does not publish it.

Pros and cons(4 for and 5 against, each tied to a figure on this page)

For
  • Min deposit 0 USD, under the Pakistan median 7.5
  • Swap-free account available
  • Track record 95 of 100, its strongest of 6 scored axes
  • 4 platforms: MT4, MT5, Axi platform, TradingView
Against
  • No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
  • A regulator warning is on file against this broker
  • Withdrawal in 48 h, over the Pakistan median 24
  • The published 1:500 comes from the group's offshore entity, not from the Pakistan one
  • Safety 0 of 100, its weakest of 6 scored axes

Where Axi sits in the Pakistan base(62 brokers)

Round-turn cost, USD (36 of 62 priced)

3<5
207.5
510
312.5
315
117.5
1>17.5

Median 7 USD · range 3-19 · this broker 7 USD · 26 of 62 brokers do not publish it

Minimum deposit, USD (16 of 62 priced)

13<50
1100
1150
0200
1>200

Median 7.5 USD · range 0-237.2 · this broker 0 USD · 46 of 62 brokers do not publish it

Retail leverage (34 of 62 with a Pakistan figure)

17<1k
62k
73k
34k
1>4k

Median 1:750 · range 50-5000 · this broker 1:500 · 28 of 62 brokers do not publish it

Withdrawal time published (62 brokers)

6of 58
Published, hours6not published38Axi is one of the 6

Alternatives in Pakistan(6 of 62 scored in Pakistan)

3.91
Pepperstone
Licensed elsewhere
Round turn, USD
8PK
Min deposit, USD
10 groupPK
Leverage
200PK
Rank in this country
#8
3.76
JustMarkets
Licensed elsewhere
Round turn, USD
9PK
Min deposit, USD
10 groupPK
Leverage
3000PK
Rank in this country
#16
3.92
BlackBull Markets
Licensed elsewhere
Round turn, USD
6PK
Min deposit, USD
0PK
Leverage
500PK
Rank in this country
#6
3.11
Grand Capital
Licensed elsewhere
Round turn, USD
9PK
Min deposit, USD
10PK
Leverage
500PK
Rank in this country
#33
4
HFM
Licensed elsewhere
Round turn, USD
6PK
Min deposit, USD
5 groupPK
Leverage
2000PK
Rank in this country
#2
3.92
FBS
Licensed elsewhere
Round turn, USD
6PK
Min deposit, USD
5 groupPK
Leverage
3000PK
Rank in this country
#7

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Pakistan score. Full methodology

AxisWeightWhat is measuredAxi
Reviews25%Rating, volume and recency on one public review platform70
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median90
Safety20%Local authorisation, the entity that onboards you, any regulator warning0
Payouts15%Published withdrawal time, fees and the methods available in the country60
Track record10%Years since the firm was founded, from its own filings95
Platforms10%Which trading platforms the broker confirms for this country50

FAQ

Does Axi accept residents of Pakistan?
No. Not regulated by SECP/SBP; offshore. Retail margin forex is not locally authorised in Pakistan. Onboarding entity: Onboarded to offshore AxiTrader LLC / AxiTrader Ltd (SVG).
Is Axi licensed to serve clients in Pakistan?
No SECP licence; SVG FSA registration only. Checked on 09.07.2026.
How much does one round turn cost at Axi?
About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for Pakistan is 7.0 USD.
What leverage does Axi offer to retail clients in Pakistan?
Up to 1:500. leverageGeo: Up to 1:500 (offshore).
Which trading platforms does Axi support?
MT4, MT5, Axi platform, TradingView. Instruments: FX, indices, commodities, shares, crypto CFDs.
How can I withdraw money from Axi in Pakistan?
No verified PKR local rails; cards, bank wire, Skrill/Neteller, crypto (subject to local FX/crypto rules).
What account types does Axi offer?
Standard (USD 0), Pro (USD 0), Elite (USD 25,000).
Does Axi offer a swap-free (Islamic) account?
Yes. Axi offers a swap-free (Islamic) account to Pakistan residents.

Cost calculator (median of 36 priced of 62)

Axi, per month140.00 USD
Pakistan median, per month140.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a PKR conversion because the exchange rate is not part of our data.

Verified · Sources

Verified01.10.2026
next review 01.01.2027
Sources · precision