Axi and FXTM face off in a close comparison across regulation, fees, and platforms. The tension centers on price transparency versus platform depth.
Axi and FXTM are closely matched overall. The single clearest differentiator is instrument variety, with FXTM offering more instruments.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Axi offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.2 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Axi | FXTM |
|---|---|---|
| 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 | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Axi rates 4.1/5 and FXTM rates 4.2/5. FXTM 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.
Axi starts from 0 pips, tighter than FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Axi has no minimum deposit, while FXTM requires at least $10. This makes Axi more accessible for traders with limited starting capital.
Both Axi and FXTM 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 FXTM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Axi charges $7 per lot on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing.
Axi supports DXtrade, MetaTrader 4, while FXTM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. FXTM has exclusive access to MetaTrader 5.
Equally matched on regulation, both hold reputable authorities and segregated funds.
FXTM wins for active traders due to FXTM Invest copy trading.
Axi is better suited for scalpers: tighter spreads from 0.00 pips.
Axi wins for platform choice with DXtrade and MT4.
FXTM wins for beginners thanks to a $10 minimum and extensive education.
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.3 / 5▲ |
|---|
| Founded | 2007 | 2011 |
|---|
| Headquarters | Sydney, Australia | Limassol, Cyprus |
|---|
| Min Deposit | No minimum▼ lower | $10 |
|---|
| Spreads From | 0 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 0.7 pips | N/A |
| Max Leverage | 500:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerFasaPay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerFasaPay |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC DFSA | FCA FSCA CySEC FSC |
|---|
| Platforms | DXtrade MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
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
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
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
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
No proprietary platform
Limited charting capabilities
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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