A head-to-head comparison of Axi and Plus500 across regulation, trading costs, platforms, and editorial scoring.
No minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.
LSE-listed with zero commission, intuitive proprietary platform, and negative balance protection - though limited research and no MT4.
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.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Axi offers tighter spreads from 0 pips vs 0.6 pips for Plus500, reducing trading costs.
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Axi has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Plus500 offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Axi edges out Plus500 with a higher editorial score (4.1/5 vs 4/5), indicating a stronger overall experience for new traders.
| 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 |
| Founded | 2007 | 2008 |
| Headquarters | Sydney, Australia | Haifa, Israel |
| Min deposit | No minimum | $100 |
| Spreads from | 0 pips | 0.6 pips |
| Commission / lot | $7/lot | N/A |
| Max leverage | 500:1 | 30:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC DFSA | FCA ASIC MAS CySEC CMA |
| Platforms | MetaTrader 4 DXtrade | Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Axi | Visit Plus500 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Axi | Plus500 |
|---|---|---|
| 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 |
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.
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