Axi has reported that 46% of its client base now holds crypto as part of broader portfolios. This comes despite a three-month period of subdued volatility in the digital asset market.
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The broker said adoption spans its crypto-related products, including perpetual contracts, CFDs, and direct crypto ownership through its “Buy Crypto” feature. The service allows clients to buy, sell, or hold cryptocurrencies on the platform. The launch comes as CFD brokers continue to expand into spot crypto offerings.
Pepperstone recently launched a spot crypto exchange in Australia, offering five cryptocurrencies and two stablecoins paired against the Australian dollar. In the UK, IG Group has also entered spot crypto trading after receiving a cryptoasset licence from the Financial Conduct Authority.
Traders Mix Ownership and Derivatives
Axi said the shift toward spot crypto access reflects a broader industry trend and is consistent with its own client data.
It pointed to a move away from purely speculative trading toward combined trading and ownership use cases.
Traders, it said, are seeking simplified access to crypto markets while maintaining exposure through multiple instruments within the same platform.
Clients Switch Between Crypto Instruments
While derivatives remain widely used, Axi said its Buy Crypto feature is attracting first-time users by allowing leverage -free purchases. Early data indicates some traders are using crypto for portfolio diversification, with longer holding periods in certain cases.
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Stuart Cooke, Head of New Business at Axi, said trading behaviour is becoming more flexible. He said demand for straightforward crypto ownership is growing and noted that clients are increasingly moving between product types as conditions change.
He added that the same underlying asset is now being traded in different ways, including perpetual contracts, CFDs, and direct ownership, as volatility fluctuates. Cooke said the availability of multiple formats allows clients to adjust how they access the same asset based on changing objectives.