This comparison weighs cost and platform breadth across two ASIC-regulated brokers. The clash centers on how regulation, execution, and tooling translate into trader experience.
Blueberry Markets edges Axi on the editorial score, supported by higher trust & regulation and stronger platforms.
Find out which broker best suits your trader profile.
Choose Axi if…
Axi: You can start with no minimum deposit and trade on MT4 with robust EA support. DXtrade provides a modern web experience, but there is no MT5 or cTrader. Blueberry Markets: You must meet a $100 minimum deposit to start trading. Blueberry offers MT4, MT5, and cTrader with raw ECN execution.
Choose Blueberry Markets if…
Axi: You can start with no minimum deposit and trade on MT4 with robust EA support. DXtrade provides a modern web experience, but there is no MT5 or cTrader. Blueberry Markets: You must meet a $100 minimum deposit to start trading. Blueberry offers MT4, MT5, and cTrader with raw ECN execution.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.5 / 5▲ |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Axi | Blueberry 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 | Fail |
| Multilingual support | Pass | Fail |
The scores are close: Axi rates 4.1/5 and Blueberry Markets rates 4.3/5. Blueberry Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both Axi and Blueberry Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Axi has no minimum deposit, while Blueberry Markets requires at least $100. This makes Axi more accessible for traders with limited starting capital.
Both Axi and Blueberry 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, two factors stand out: Axi has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Axi lists maximum leverage of 500:1, while Blueberry 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.
Axi charges $7 per lot, lower than Blueberry Markets's $8 per lot. Lower commissions benefit active traders who execute many trades per day.
Axi supports DXtrade, MetaTrader 4, while Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. Blueberry Markets has exclusive access to cTrader and MetaTrader 5.
Axi has broader regulation with FCA, DFSA, and ASIC, plus segregated funds.
Blueberry Markets suits active traders with MT4/MT5 and cTrader plus ECN execution.
Blueberry Markets offers MT4, MT5, and cTrader, covering more platforms.
Axi welcomes beginners with a $0 minimum deposit and accessible entry.
Blueberry Markets provides about 300 instruments, more than Axi's 220.
Fees & Spreads 30% weight | 4.2 / 5 | 4.3 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.4 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2007 | 2016 |
|---|
| Headquarters | Sydney, Australia | Sydney, Australia |
|---|
| Min Deposit | No minimum▼ lower | $100 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $7/lot▼ lower | $8/lot |
|---|
| 0.7 pips▼ lower | 0.8 pips |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC DFSA | ASIC VFSC |
|---|
| Platforms | DXtrade MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Investor compensation scheme coverage
Raw spread account available
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
ASIC-regulated with Tier 1 investor protections
MT4, MT5, and cTrader all available
Raw ECN Direct account with published execution statistics
No bonus marketing, pure execution focus
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Cons
No MT5 or cTrader support
Pro account commission of $7/lot is above some ECN peers
Research and education tools are more limited than some peers
No proprietary platform
Cons
$100 minimum deposit required
Limited product range, forex, indices, commodities, crypto only
No copy trading or social features
ECN commission slightly above the cheapest competitors
No investor compensation scheme
No proprietary platform
No phone support
Support available in limited languages
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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