Axivs
CMC MarketsForex Broker Comparison
Axi and CMC Markets clash on regulation depth and platform choices. The tension is between regulatory breadth and platform strength.
Our Verdict
CMC Markets winsby 0.4 pts
CMC Markets wins on editorial score (4.5 vs 4.1) and provides a proprietary platform. Axi shows strength in MT4/EA support and raw spreads but trails in the overall score.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Axi has no inactivity fee; CMC charges after 12 months.
- 2Axi offers raw spreads; CMC lacks raw spread options.
- 3CMC Markets provides a proprietary platform; Axi relies on MT4 and DXtrade.
Who should choose Axi vs CMC Markets?
Find out which broker best suits your trader profile.
Choose Axi if…
Choose Axi for no inactivity fee and access to raw spreads.
Choose CMC Markets if…
Choose CMC Markets for a proprietary platform and a broad instrument universe.
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
Recommended
Axi offers tighter spreads from 0.00 pips vs 0.70 pips for CMC Markets, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Axi vs CMC Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.6 / 5▲ |
Axi vs CMC 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 CMC Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Axi
criteria wins
1
CMC Markets
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Axi | CMC 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 | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| 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 CMC Markets: Frequently Asked Questions
The scores are close: Axi rates 4.1/5 and CMC Markets rates 4.5/5. CMC 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.
Axi starts from 0 pips, tighter than CMC Markets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither Axi nor CMC Markets requires a minimum deposit, making both accessible regardless of starting capital.
Both Axi and CMC 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 CMC Markets lists up to 30:1. 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 on commission-based accounts. Commission details for CMC Markets are not currently available. Check their website for up-to-date pricing.
Axi supports DXtrade, MetaTrader 4, while CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile.
