Both brokers deliver strong regulatory coverage and competitive pricing, with similar support and platforms. The tension centers on platform experience and instrument variety between Axi and HFM.
Both Axi and HFM are closely matched across trust, fees, and platforms. The clearest differentiator is instrument variety, with HFM offering 1,000 instruments versus Axi's 220.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.1/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 4.1 / 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 | HFM |
|---|---|---|
| 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 | Pass |
| Multilingual support | Pass | Pass |
Axi and HFM share the same editorial score of 4.1/5. One concrete differentiator: platform availability and account types differ between them.
Both Axi and HFM start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Neither Axi nor HFM requires a minimum deposit, making both accessible regardless of starting capital.
Both Axi and HFM 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Axi lists maximum leverage of 500:1, while HFM lists up to 2000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
HFM charges $6 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 HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. HFM has exclusive access to MetaTrader 5.
HFM wins for regulation with FCA, CySEC, FSCA, and DFSA oversight.
HFM wins for active traders with leverage up to 2000:1 and HFcopy.
Axi wins for platform choice with DXtrade alongside MT4.
HFM wins for beginners with HFcopy and no deposit fees.
Fees & Spreads 30% weight | 4.2 / 5▲ | 4.1 / 5 |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2007 | 2010 |
|---|
| Headquarters | Sydney, Australia | Limassol, Cyprus |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $7/lot | $6/lot▼ lower |
|---|
| 0.7 pips | 0.6 pips▼ lower |
| Max Leverage | 500:1▲ higher | 2,000:1 |
|---|
| 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 DFSA CySEC |
|---|
| 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
No minimum deposit required to open an account
Copy trading via HFcopy platform
FCA, CySEC, and FSCA regulation
High leverage up to 2000:1 on offshore entity
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
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
2000:1 leverage is extremely risky for inexperienced traders
No cTrader support
Zero account commission of $6/lot is above some ECN peers
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
Score 4.1 / 5
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