Axi vs FBS Forex Broker Comparison
A head-to-head comparison of Axi and FBS across regulation, trading costs, platforms, and editorial scoring.
No minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.
VS
Our Verdict
Axi winsby 0.2 pts
Axi edges ahead with a score of 4.1/5 vs FBS's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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 pips.
Best for safety & regulation
Recommended
Axi has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
It's a tie
Both equally suited
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Best for beginners
Recommended
Axi edges out FBS with a higher editorial score (4.1/5 vs 3.9/5), indicating a stronger overall experience for new traders.
Axi vs FBS: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 3.5 / 5 |
Fees & Spreads 30% weight | 4.2 / 5▲ | 4.0 / 5 |
Platforms & Tools 20% weight | 3.9 / 5▲ | 3.8 / 5 |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 2007 | 2009 |
| Headquarters | Sydney, Australia | Belize City, Belize |
| Min deposit | No minimum | $1 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $7/lot | $20/lot |
| Max leverage | 500:1 | 3000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC DFSA | FSCA CySEC IFSC |
| Platforms | MetaTrader 4 DXtrade | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Axi | Visit FBS |
Axi vs FBS 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
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
Very low $1 minimum deposit on Cent accounts
MT4 and MT5 on all account types
Multiple account types including Cent, Zero Spread, and ECN
Widely available across Southeast Asia, MENA, and Africa
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
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer 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
Primary entity uses IFSC Belize - offshore, limited investor protection
Bonus turnover requirements are onerous
Very high leverage (3000:1) is a significant risk factor for retail clients
No top-tier regulatory licence
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Axi vs FBS: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
Axi
criteria wins
0
FBS
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Axi | FBS |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| 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 | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Axi vs FBS: Frequently Asked Questions
Based on our independent editorial scoring, Axi ranks higher with a score of 4.1/5 vs 3.9/5 for FBS. The best choice still depends on your individual trading needs; Axi and FBS may each suit different trader profiles.
Both Axi and FBS offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Axi has a lower minimum deposit of no minimum required, while FBS requires at least $1. This makes Axi more accessible for traders with limited starting capital.
Axi holds top-tier regulation (FCA, ASIC, DFSA), providing stronger investor protections. FBS may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: Axi has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Axi offers maximum leverage of 500:1, while FBS offers up to 3000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Axi charges $7 per lot, lower than FBS's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
Axi supports MetaTrader 4, DXtrade and FBS offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4; Axi exclusively offers DXtrade; FBS exclusively offers MetaTrader 5.
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