Axi vs FP Markets Forex Broker Comparison

Based on our independent editorial scoring, FP Markets ranks higher with a score of 4.5/5 vs 4.1/5 for Axi. The best choice still depends on your individual trading needs; Axi and FP Markets may each suit different trader profiles.

Both Axi and FP Markets 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 FP Markets requires at least $100. This makes Axi more accessible for traders with limited starting capital.

Both Axi and FP Markets 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 FP Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.

FP 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 MetaTrader 4, DXtrade and FP Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS; both support MetaTrader 4; Axi exclusively offers DXtrade; FP Markets exclusively offers MetaTrader 5, cTrader, TradingView, IRESS.