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Axi vs FXOpen Forex Broker Comparison

A head-to-head comparison of Axi and FXOpen across regulation, trading costs, platforms, and editorial scoring.

Axi

Axi

Score 4.1 / 5
2 bonuses

No minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.

Visit Axi
VS
FXOpen

FXOpen

Score 4.2 / 5
2 bonuses

Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.

Visit FXOpen
Our Verdict
FXOpen winsby 0.1 pts

FXOpen 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.

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
It's a tie
Both equally suited

Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.

Best for active traders
FXOpen
FXOpen
Recommended

FXOpen has a cost edge: lower commission ($3/lot).

Best for platform choice
FXOpen
FXOpen
Recommended

FXOpen offers more exclusive platform options: MetaTrader 5, cTrader.

Best for beginners
FXOpen
FXOpen
Recommended

FXOpen edges out Axi with a higher editorial score (4.2/5 vs 4.1/5), indicating a stronger overall experience for new traders.

Axi vs FXOpen: Side-by-Side Forex Broker Comparison

Score
= highlighted score shows which broker leads in that category
AxiAxi
FXOpenFXOpen
Editorial score
4.1/ 5
4.2/ 5
Score Breakdown
Trust & Regulation
40% weight
4.2 / 5
4.5 / 5▲
Fees & Spreads
30% weight
4.2 / 5
4.8 / 5▲
Platforms & Tools
20% weight
3.9 / 5
4.4 / 5▲
Customer Support
10% weight
3.9 / 5
4.0 / 5▲
Founded20072003
HeadquartersSydney, AustraliaLondon, United Kingdom
Min depositNo minimum$100
Spreads from0 pips0 pips
Commission / lot$7/lot$3/lot
Max leverage500:1500:1
Withdrawal feeFreeFree
Regulators
FCA
ASIC
DFSA
FCA
ASIC
CySEC
Platforms
MetaTrader 4
DXtrade
MetaTrader 4
MetaTrader 5
cTrader
Active bonuses
Visit brokerVisit Axi Visit FXOpen

Axi vs FXOpen Forex Broker Pros & Cons

AxiAxi
FXOpenFXOpen

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

FCA, CySEC, and ASIC triple regulation

$3 round-turn ECN commission - one of the lowest in retail forex

Early cTrader adopter with mature integration

MT4, MT5, and cTrader all available

Client funds held in segregated accounts

Negative balance protection

Investor compensation scheme coverage

Raw spread account available

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

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 on ECN accounts

Less brand recognition than larger competitors

Customer support coverage narrower than global tier-1 brokers

No proprietary platform

No phone support

Axi vs FXOpen: Detailed Category Breakdown

A closer look at the specific criteria each broker meets or misses within each scoring category.

1
Axi
criteria win
Ahead
0
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
CriteriaAxiFXOpen
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
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
Pass

Axi vs FXOpen: Frequently Asked Questions

Based on our independent editorial scoring, FXOpen 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 FXOpen may each suit different trader profiles.

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

Both Axi and FXOpen 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 FXOpen 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.

FXOpen charges $3 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 FXOpen offers MetaTrader 4, MetaTrader 5, cTrader; both support MetaTrader 4; Axi exclusively offers DXtrade; FXOpen exclusively offers MetaTrader 5, cTrader.

Ready to get started?

Open an account directly with the broker that suits you best.

Axi

Axi

Score 4.1 / 5

Visit Axi
Editor's Pick
FXOpen

FXOpen

Score 4.2 / 5

Visit FXOpen

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