Axivs
BlackBull MarketsForex Broker Comparison
Two forex brokers are compared on regulation, costs, and platforms, with tension around investor protection and instrument variety.
Our Verdict
Too close to call
Axi and BlackBull Markets are closely matched, but Axi offers investor compensation scheme coverage that BlackBull Markets does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Axi offers investor compensation scheme coverage; BlackBull Markets does not.
- 2Axi has 220 instruments; BlackBull Markets has 26,000.
- 3BlackBull supports MT4, MT5, and cTrader; Axi does not offer MT5 or cTrader.
Who should choose Axi vs BlackBull Markets?
Find out which broker best suits your trader profile.
Choose Axi if…
Choose Axi if you value investor compensation scheme protection. You also get strong MT4 EA support and broad regulatory oversight.
Choose BlackBull Markets if…
Choose BlackBull Markets if you want MT4, MT5, and cTrader. You gain access to 26,000 instruments.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
Axi vs BlackBull Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 4.1 / 5 |
Axi vs BlackBull Markets Forex Broker Pros & Cons
Pros
No minimum deposit
Strong ASIC, FCA, and DFSA regulation
MT4-focused with excellent EA and algorithmic trading support
No inactivity fee
Client funds held in segregated accounts
Negative balance protection
Axi vs BlackBull Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Axi
criteria win
0
BlackBull Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Axi | BlackBull Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Axi vs BlackBull Markets: Frequently Asked Questions
Axi and BlackBull Markets share the same editorial score of 4.1/5. One concrete differentiator: platform availability and account types differ between them.
Both Axi and BlackBull Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Neither Axi nor BlackBull Markets requires a minimum deposit, making both accessible regardless of starting capital.
Both Axi and BlackBull Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Axi lists maximum leverage of 500:1, while BlackBull Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
BlackBull Markets charges $6 per lot, lower than Axi's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Axi supports DXtrade, MetaTrader 4, while BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4. Both provide DXtrade and MetaTrader 4. BlackBull Markets has exclusive access to cTrader and MetaTrader 5 and TradingView.
