A head-to-head comparison of Axi and Forex.com 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.
One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.
Forex.com edges ahead with a score of 4.2/5 vs Axi's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Axi offers tighter spreads from 0 pips vs 1 pips for Forex.com, reducing trading costs.
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Forex.com offers more exclusive platform options: Proprietary Web/Mobile, MetaTrader 5, a proprietary platform.
Forex.com edges out Axi with a higher editorial score (4.2/5 vs 4.1/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.3 / 5▲ |
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
Platforms & Tools 20% weight | 3.9 / 5 | 4.1 / 5▲ |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 2007 | 1999 |
| Headquarters | Sydney, Australia | Bedminster, New Jersey, USA |
| Min deposit | No minimum | $100 |
| Spreads from | 0 pips | 1 pips |
| Commission / lot | $7/lot | $7/lot |
| Max leverage | 500:1 | 50:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC DFSA | FCA ASIC CFTC NFA MAS IIROC |
| Platforms | MetaTrader 4 DXtrade | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Axi | Visit Forex.com |
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
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
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
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 is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
Inactivity fee applies
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Axi | Forex.com |
|---|---|---|
| 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 | Pass |
| 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 |
Based on our independent editorial scoring, Forex.com ranks higher with a score of 4.2/5 vs 4.1/5 for Axi. The best choice still depends on your individual trading needs; Axi and Forex.com may each suit different trader profiles.
Axi offers tighter spreads starting from 0 pips, compared to Forex.com's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Axi has a lower minimum deposit of no minimum required, while Forex.com requires at least $100. This makes Axi more accessible for traders with limited starting capital.
Both Axi and Forex.com hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
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 Forex.com offers up to 50:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Both Axi and Forex.com charge the same commission of $7 per lot on applicable accounts.
Axi supports MetaTrader 4, DXtrade and Forex.com offers MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5; both support MetaTrader 4; Axi exclusively offers DXtrade; Forex.com exclusively offers Proprietary Web/Mobile, MetaTrader 5.
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