Axivs
IC MarketsStock Broker Comparison
This comparison contrasts Axi and IC Markets on regulation, pricing, and stock access. The tension revolves around which broker best aligns with an investor's priorities.
Our Verdict
IC Markets winsby 0.4 pts
IC Markets edges Axi on the editorial score, driven by stronger trust & regulation, fees & spreads, and platforms & tools.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Axi uses a proprietary trading platform.
- 2IC Markets covers 12 exchanges while Axi covers 8.
- 3IC Markets provides 24/5 live chat and phone support.
Who should choose Axi vs IC Markets?
Find out which stock broker best suits your investing profile.
Choose Axi if…
Choose Axi if you value a proprietary platform and access to 8 stock exchanges.
Choose IC Markets if…
Choose IC Markets if you want 24/5 live chat and phone support, plus access to 12 exchanges.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
It’s a tie
Both equally suited
IC Markets shows stronger safety and regulation with ASIC, CySEC, and FSCA oversight.
Best for active traders
Recommended
Axi vs IC Markets: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.7/ 5 | 4.1/ 5 |
| Min deposit | No minimum▼ lower | $200 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $7/lot | $7/lot |
Axi vs IC Markets Stock Broker Pros & Cons
Pros
- ASIC and FCA regulated, strong dual Tier 1 regulatory profile
- 700+ share CFDs across MT4 and Axi One from a single account
- No minimum deposit; AxiSelect enables copying of professional equity strategies
- ECN-adjacent execution extends to equity CFDs with transparent commission
Cons
- Stock range (700+) narrower than CMC, IG, or Saxo
Axi vs IC Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Axi
criteria wins
2
IC Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Axi | IC Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Pass |
Axi vs IC Markets: Frequently Asked Questions
The scores are close: Axi rates 3.7/5 and IC Markets rates 4.1/5. IC Markets 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.
Both Axi and IC Markets start from the same spread of 0. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
Axi has no minimum deposit, 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. 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 20:1, while IC Markets lists up to 5:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both Axi and IC Markets charge the same commission of $7 per trade on applicable accounts. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
Axi supports DXtrade, MetaTrader 4, while IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. IC Markets has exclusive access to cTrader and MetaTrader 5 and TradingView.
Neither Axi nor IC Markets is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both Axi and IC Markets are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
