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Axi vs Plus500 Forex Broker Comparison

A head-to-head comparison of Axi and Plus500 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
Plus500

Plus500

Score 4 / 5
2 bonuses

LSE-listed with zero commission, intuitive proprietary platform, and negative balance protection - though limited research and no MT4.

Visit Plus500
Our Verdict
Too close to call0.1 pts apart

Axi and Plus500 are extremely closely matched with scores of 4.1/5 and 4/5. The right choice depends on your individual trading priorities.

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
Axi
Axi
Recommended

Axi offers tighter spreads from 0 pips vs 0.6 pips for Plus500, reducing trading costs.

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
Axi
Axi
Recommended

Axi has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.

Best for platform choice
Plus500
Plus500
Recommended

Plus500 offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.

Best for beginners
Axi
Axi
Recommended

Axi edges out Plus500 with a higher editorial score (4.1/5 vs 4/5), indicating a stronger overall experience for new traders.

Axi vs Plus500: Side-by-Side Forex Broker Comparison

Score
= highlighted score shows which broker leads in that category
AxiAxi
Plus500Plus500
Editorial score
4.1/ 5
4.0/ 5
Score Breakdown
Trust & Regulation
40% weight
4.2 / 5
4.2 / 5
Fees & Spreads
30% weight
4.2 / 5▲
4.0 / 5
Platforms & Tools
20% weight
3.9 / 5▲
3.7 / 5
Customer Support
10% weight
3.9 / 5
3.9 / 5
Founded20072008
HeadquartersSydney, AustraliaHaifa, Israel
Min depositNo minimum$100
Spreads from0 pips0.6 pips
Commission / lot$7/lotN/A
Max leverage500:130:1
Withdrawal feeFreeFree
Regulators
FCA
ASIC
DFSA
FCA
ASIC
MAS
CySEC
CMA
Platforms
MetaTrader 4
DXtrade
Proprietary Web/Mobile
Active bonuses
Visit brokerVisit Axi Visit Plus500

Axi vs Plus500 Forex Broker Pros & Cons

AxiAxi
Plus500Plus500

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

LSE-listed providing strong institutional credibility

Zero commission on all trades

Intuitive proprietary platform with a clean mobile app

Negative balance protection across all accounts

Regulated by top-tier authorities (FCA, ASIC, CySEC)

Client funds held in segregated accounts

Investor compensation scheme coverage

No deposit fees

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

No MT4 or MT5 support

Limited research tools and market analysis

US residents not accepted

No copy trading

No raw spread account option

Inactivity fee applies

No MetaTrader support

Limited charting capabilities

No phone support

Axi vs Plus500: Detailed Category Breakdown

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

5
Axi
criteria wins
Ahead
1
Plus500
criteria win
Highlighted rows show where the two brokers differ
CriteriaAxiPlus500
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
Fail
No deposit fee
Pass
Pass
No inactivity fee
Pass
Fail
Transparent pricing page
Pass
Pass
Platforms & Tools
MT4/MT5 available
Pass
Fail
Proprietary platform
Fail
Pass
Mobile app
Pass
Pass
Advanced charting tools
Pass
Fail
Customer Support
24/5 live chat
Pass
Pass
Phone support
Pass
Fail
Multilingual support
Pass
Pass

Axi vs Plus500: Frequently Asked Questions

Based on our independent editorial scoring, Axi ranks higher with a score of 4.1/5 vs 4/5 for Plus500. The best choice still depends on your individual trading needs; Axi and Plus500 may each suit different trader profiles.

Axi offers tighter spreads starting from 0 pips, compared to Plus500's spreads from 0.6 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.

Axi has a lower minimum deposit of no minimum required, while Plus500 requires at least $100. This makes Axi more accessible for traders with limited starting capital.

Both Axi and Plus500 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 Plus500 offers up to 30:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.

Axi charges $7 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.

Axi supports MetaTrader 4, DXtrade and Plus500 offers Proprietary Web/Mobile; Axi exclusively offers MetaTrader 4, DXtrade; Plus500 exclusively offers Proprietary Web/Mobile.

Ready to get started?

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

Editor's Pick
Axi

Axi

Score 4.1 / 5

Visit Axi
Plus500

Plus500

Score 4 / 5

Visit Plus500

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