Not sure whether to open an account with Axi or XS? The answer depends on your conditions. If deposit size and leverage matter most, start with XS. If you weigh all-in cost including commission and the range of apps, start with Axi.
This comparison uses the data published on this site (Axi checked 10 September 2026, XS checked 2 August 2026) and the official account type pages (checked 17 October 2026). By the end, you can decide which broker to look at first for your own conditions.
Conclusion: compare Axi and XS on funds, cost and tools
- Initial funds: XS Standard and Cent have no deposit limit. Axi Standard has only a minimum per payment method
- Leverage: the maximum is 1:2000 at XS and 1:1000 at Axi (both subject to conditions)
- Cost: Axi Premium starts from 0.0 pips with a USD 4.5 round-turn commission. XS Elite averages 0.1 pips with a USD 6 round turn
- Tools: both offer MT4 and MT5. Axi also lists the Axi app (Standard) and copy trading
- Bonuses: XS has two standing bonuses. Axi runs a 25% cushion-type bonus (JP25Axi) for a limited period
Neither broker is better in every case. Which one to look at first changes with the condition you value most.
Axi and XS are advertisers on this site, and we receive referral rewards when accounts are opened. This article organises official information and the data published on this site. It does not guarantee safety or trading results. Forex and CFD trading can lead to the loss of part or all of your funds because of market moves and leverage.
Axi vs XS comparison table: account types, spreads, commissions and deposits
The figures in the tables come from the broker pages on this site. Axi was checked on 10 September 2026 and XS on 2 August 2026.
| Item | Axi | XS |
|---|---|---|
| Operator and regulation | AxiTrader LLC / registered with the FSA of Saint Vincent and the Grenadines (4303 LLC 2025) / member of The Financial Commission | Check the applicable entity and licence on the sign-up screen |
| Account types | 3: Standard, Premium and Elite | 5: Standard, Cent, Pro, Elite and VIP |
| Maximum leverage | 1:1000* | 1:2000* |
| Trading tools | MT4, MT5, Axi app and copy trading | MT4 and MT5 |
| Zero cut | Yes* | Yes* |
| Japanese-language support | Japanese site and help centre available | Japanese-language desk available* |
| EAs and scalping | Check the conditions of use in the official terms | Allowed* |
※ * Conditions and exceptions apply. Each broker's terms take priority.
| Broker and account | Spread | Trading commission | Deposit |
|---|---|---|---|
| Axi Standard | From 0.7 pips on EUR/USD | None | No set amount (only a minimum per payment method) |
| Axi Premium | From 0.0 pips | USD 4.5 round turn per lot | USD 500 (first deposit only) |
| Axi Elite | From 0.0 pips | USD 3.5 round turn per lot | USD 25,000 (first deposit) |
| XS Standard | 1.1 pips average | Free | No limit |
| XS Cent | 1.1 pips average | Free | No limit |
| XS Pro | 0.7 pips average | Free | USD 500 |
| XS Elite | 0.1 pips average | USD 6 round turn | USD 500 |
| XS VIP | 0.1 pips average | Customised | USD 100,000 |
※ XS Cent and VIP are MT5 only. Axi Premium has no limit on second and later deposits, and for Elite second and later deposits are handled by Axi support. The official display varies over time (as of 17 October 2026, the official account type page shows a recommended minimum deposit of USD 100 for Axi Standard). The text here follows the data on this site.
Axi or XS? Compare spreads including commission
First, align the basis. The Axi figure is the minimum EUR/USD spread. The XS figure is the average EURUSD spread. Because the bases differ, the gap between 0.7 and 1.1 cannot be read directly as a cost gap.
For accounts with a commission, convert the round-turn commission to pips and add it. Trading 1 lot of EUR/USD, a USD 4.5 round turn is about 0.45 pips and a USD 6 round turn is about 0.6 pips.
| Account | Spread | Commission in pips | Approximate total |
|---|---|---|---|
| Axi Standard | From 0.7 pips (minimum) | None | From 0.7 pips |
| Axi Premium | From 0.0 pips (minimum) | About 0.45 pips | From about 0.45 pips |
| Axi Elite | From 0.0 pips (minimum) | About 0.35 pips | From about 0.35 pips |
| XS Standard | 1.1 pips average | None | 1.1 pips average |
| XS Pro | 0.7 pips average | None | 0.7 pips average |
| XS Elite | 0.1 pips average | About 0.6 pips | About 0.7 pips (average) |
※ The total is a simple sum for reference. A minimum value and an average value are not on the same basis. Actual cost varies with the instrument, time of day and market conditions.
If you trade often, the all-in total is the deciding measure. If you trade less often, it is easier to choose on deposit size and ease of use.
See the spread comparison of offshore forex brokers (September 2026) →
Axi vs XS leverage and stop out: the differences
The maximum leverage is 1:2000 at XS and 1:1000 at Axi. Both depend on conditions such as account, instrument and balance, so you cannot always trade at the maximum. Higher leverage lets you trade larger positions with less margin, but losses grow by the same multiple.
| Item | Axi | XS |
|---|---|---|
| Maximum leverage | 1:1000* (Standard, Premium and Elite) | 1:2000* (Standard account. For Cent, Pro, Elite and VIP, check the official individual conditions) |
| Leverage changes | Conditions such as account, instrument and balance. Check the sign-up screen and the latest terms | Dynamic leverage that steps down with equity and lot size |
| Stop out | No uniform level stated officially. A margin call notice is sent when the margin level falls below 100% (official help) | Standard account: margin call 40%, stop out 20% |
A stop out is a mechanism that force-closes positions when the margin level falls below a set level. The level differs by account type and broker, so check the account screen and the terms before you open an account.
See XS dynamic leverage and stop out levels (step table) →
See the maximum leverage comparison of offshore forex brokers →
Axi vs XS bonuses: running and standing offers
This section lists only running offers and standing offers. Offers that have ended are not included.
| Offer | Type | Details |
|---|---|---|
| XS account opening bonus | Standing | JPY 5,000 in credit. Granted automatically once identity verification is complete (no deposit needed). For MT5 JPY accounts. Valid for 60 days from the grant date |
| XS first deposit bonus | Standing | JPY 10,000 in credit for a first deposit of JPY 20,000 or more (one time only). For MT5 Standard accounts. Valid for 60 days from the issue date |
| Axi 25% cushion-type deposit bonus (JP25Axi) | Limited period (continuing in October) | 25% of the first deposit, up to USD 500, as trading credit. Minimum deposit USD 125, for residents of Japan. The promo code must be applied |
※ Credit is for trading and cannot be withdrawn directly.
- XS account opening: trade 5 lots or more on the same account. Only positions held for 2 minutes or more count
- XS first deposit: 5 lots or more in total within 60 days. Only positions held for 2 minutes or more count
- XS, both bonuses: if you withdraw or transfer funds before meeting the trading conditions, all of the credit is lost
- Axi: if you withdraw or transfer between accounts before the period ends, the credit is cancelled
According to Axi's notice (checked 1 October 2026), JP25Axi continues until the end of October. The end date and time and the October conditions follow the client portal display and Axi's terms. Axi Select participants are not eligible.
Axi vs XS trading tools and support
- Both support MT4 and MT5 (XS Cent and VIP are MT5 only)
- Axi: lists the Axi trading app (Standard account only) and copy trading
- Axi: Axi Select, a funding allocation programme (participation requires a deposit of at least USD 500)
- XS: EAs can be used on MT4 and MT5*. Check the account type and instrument specifications in advance
Axi has a Japanese-language site and a Japanese-language help centre. XS lists a Japanese-language desk. Check each broker's latest official guidance for support hours and contact methods.
Check XS's reputation using official information (regulation, insurance, account conditions) →
Axi or XS? A quick guide by condition
| Condition you value | Candidate to look at first | Reason |
|---|---|---|
| Keep the first deposit low | XS Standard and Cent / Axi Standard | XS has no deposit limit. Axi has only a minimum per payment method (crypto USD 30, Neteller USD 5, Skrill and PayPal USD 10) |
| Try small trade sizes | XS Cent | No deposit limit. MT5 only |
| Maximum leverage | XS | Up to 1:2000 (Axi 1:1000). Note that it steps down |
| Manage cost including commission | Axi Premium and Elite / XS Elite | Commission-type accounts from 0.0 pips. Deposit: Axi Premium USD 500, XS Elite USD 500 |
| Also use an app or copy trading | Axi | Lists the Axi app (Standard) and copy trading |
| Use a standing bonus | XS | JPY 5,000 for account opening and JPY 10,000 for a first deposit. Axi runs a 25% cushion-type bonus for a limited period |
| Start with a large sum | Axi Elite / XS VIP | Elite first deposit USD 25,000, VIP USD 100,000 |
- 01Pick one priority condition
Choose the condition you cannot give up from deposit size, leverage, cost, tools and bonuses.
- 02Narrow the candidate accounts with the quick guide
Compare the candidate account types on spread, commission and deposit in the comparison table.
- 03Check the latest conditions on the sign-up screen
Check the applicable entity, leverage and bonus conditions on the sign-up screen and in the terms, then open the account in your own name.
Check XS account types and running offers on the broker page →
Frequently asked questions
Q. Is Axi or XS better for beginners?
A. It depends on your conditions. To keep the deposit low, XS Standard and Cent (no limit) or Axi Standard (only a minimum per payment method) are candidates. It is easier to choose if you narrow down by whether you want a bonus or an app.
Q. Which has tighter spreads, Axi or XS?
A. They cannot be compared directly because the published figures use different bases. Axi Standard is from a minimum of 0.7 pips on EUR/USD, and XS Standard is 1.1 pips average on EURUSD. For accounts with a commission, convert the round-turn commission to pips and add it before comparing.
Q. How does leverage differ between Axi and XS?
A. The maximum leverage is 1:2000 at XS and 1:1000 at Axi. Both can be lowered by conditions such as account, instrument and balance. XS uses dynamic leverage that steps down with equity and lot size.
Q. Which bonus is better, Axi or XS?
A. We cannot say which is better. XS offers JPY 5,000 for account opening and JPY 10,000 for a first deposit as standing credit, and Axi runs 25% of the first deposit (up to USD 500) for a limited period. Neither can be withdrawn directly, and the conditions differ.
Q. What is the minimum deposit for Axi and XS?
A. At XS, Standard and Cent have no limit, Pro and Elite are USD 500, and VIP is USD 100,000. At Axi, Standard has no set amount (only a minimum per payment method), Premium is USD 500 for the first deposit, and Elite is USD 25,000 for the first deposit.
Q. Can I use Axi and XS in Japanese?
A. Axi has a Japanese-language site and a Japanese-language help centre. XS lists a Japanese-language desk. Check each broker's latest official guidance for support hours and contact methods.
Sources and conditions
- Axi Official Japanese Site: Account Types (Japanese, checked 17 October 2026) →
- Axi Official Japanese Site: Home (Japanese, checked 17 October 2026) →
- XS Official Japanese Site: Account Types (Japanese, checked 17 October 2026) →
- XS Official Japanese Site: Home (Japanese, checked 17 October 2026) →
- Axi Account Types and Trading Conditions (this site) →
- XS Account Types and Trading Conditions (this site) →
- Advertising, Affiliate Relationships and Risk Disclosure →
FX Textbook is an independent information site, not a broker or provider of personal investment advice. Forex and CFDs involve risk. You may lose some or all of your invested capital. No trading result is guaranteed.
NEXT STEP
Narrowed it down? Check the account conditions on the broker page.
The conditions of Axi's three accounts and its running offers are set out on the broker page. XS's account conditions can also be checked on its broker page.
Brokers covered in this column
Account types, trading conditions and current offers are on each broker page.