Do I own the actual cryptocurrency such as Bitcoin when trading it with Axi?
No. If you trade a cryptocurrency as CFD, you do not own the Bitcoin (the asset) but only trade based on the price movement of the underlying cryptocurrency.
On the other hand, for crypto assets, coins purchased are done in an omnibus account under Axi. We will hold an electronic ledger (MT4/5) of which the underlying client purchased the coins. However, the client has no legal claim over them, while the coins remain in our ecosystem.