Axi vs IC Markets Forex Broker Comparison

Based on our independent editorial scoring, IC Markets ranks higher with a score of 4.7/5 vs 4.1/5 for Axi. The best choice still depends on your individual trading needs; Axi and IC Markets may each suit different trader profiles.

Both Axi and IC 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 IC Markets requires at least $200. This makes Axi more accessible for traders with limited starting capital.

Both Axi and IC 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 IC 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.

Both Axi and IC Markets charge the same commission of $7 per lot on applicable accounts.

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