Axivs
FXOpenForex Broker Comparison
Axi and FXOpen go head to head on regulation, fees, and platform options. The tension centers on cost clarity and platform choice.
Our Verdict
FXOpen winsby 0.1 pts
Axi and FXOpen are closely matched overall, with FXOpen offering the clearer cost edge through a $3/lot ECN commission.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Min deposit: Axi $0 vs FXOpen $100.
- 2Commission per lot: Axi $7 vs FXOpen $3.
- 3Instruments offered: 220 vs 700.
Who should choose Axi vs FXOpen?
Find out which broker best suits your trader profile.
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 0.00 pips.
Best for safety & regulation
It’s a tie
Both equally suited
Axi vs FXOpen: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.5 / 5▲ |
Axi vs FXOpen 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 FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Axi
criteria win
0
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Axi | FXOpen |
|---|---|---|
| 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
The scores are close: Axi rates 4.1/5 and FXOpen rates 4.2/5. FXOpen 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.
Both Axi and FXOpen start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Axi has no minimum deposit, 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. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Axi has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Axi lists maximum leverage of 500:1, while FXOpen lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
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 DXtrade, MetaTrader 4, while FXOpen supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. FXOpen has exclusive access to cTrader and MetaTrader 5.
