SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market
An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.
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Abstract:Axi launches fiat-settled crypto perpetual contracts, cutting stablecoin risks and boosting transparency in regulated derivatives trading.

Global online broker Axi has introduced fiat-settled crypto perpetual contracts, giving traders direct access to the crypto derivatives market without converting funds into stablecoins. The move aims to reduce counterparty risk, eliminate hidden conversion costs, and provide greater transparency in a regulated trading environment.
Unlike many platforms that require stablecoin conversions, Axis new contracts settle directly in fiat currencies such as USD, EUR, and GBP. This approach addresses a long-standing industry concern: the lack of clarity and potential volatility tied to stablecoin holdings.
“Too many traders are forced to operate in opaque environments where the risks aren‘t always clear,” said Stuart Cooke, Head of New Business at Axi. “By introducing fiat-settled perps, we’re breaking away from that model.”
The launch comes amid heightened scrutiny of crypto derivatives trading by regulators worldwide. By aligning its offering with traditional financial safeguards, Axi positions itself as a regulated crypto broker that prioritizes investor protection.

Key benefits include:
Perpetual futures contracts—commonly called “perps”—allow traders to speculate on crypto price movements without expiry dates. Axis fiat-settled model offers the same flexibility while removing the friction of stablecoin transactions, a feature that appeals to both institutional and retail traders seeking a transparent trading environment.
The debut of these contracts reinforces Axis “everything in one platform” vision. It also addresses one of the most pressing challenges in the crypto market regulation debate: building trust.
Cooke emphasized that “transparency and fairness aren‘t optional extras—they’re what will define the future of trading.”
The fiat-settled crypto perpetual contracts are available immediately to eligible clients through Axis platform.
Axi is a globally regulated online trading broker offering forex, commodities, indices, and cryptocurrency derivatives. Known for its competitive pricing, advanced technology, and client-first approach, Axi serves traders in over 100 countries.
By removing the need for stablecoin conversions and embedding its offering within a regulated framework, Axi is setting a new benchmark for low-fee crypto trading with enhanced transparency. This launch could signal a shift in how brokers approach crypto derivatives in the years ahead.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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