Axivs
PepperstoneStock Broker Comparison
In this stock-focused comparison, Axi and Pepperstone contend over share CFD breadth, regulation, and equity access.
Our Verdict
Pepperstone winsby 0.2 pts
Axi and Pepperstone are closely matched, but Pepperstone offers a larger stock CFD universe and a broader regulator footprint. Axi remains strong on its ASIC/FCA dual regulation and ECN-adjacent equity CFDs.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Pepperstone lists 1,000+ share CFDs vs 700+ with Axi
- 2Axi offers a proprietary trading platform
- 3Pepperstone provides IRESS DMA access for markets
Who should choose Axi vs Pepperstone?
Find out which stock broker best suits your investing profile.
Choose Axi if…
Choose Axi if you prioritize ASIC and FCA oversight and ECN-adjacent equity CFDs.
Choose Pepperstone if…
Choose Pepperstone if you want a larger stock CFD universe and a deeper multi-regulatory footprint.
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
Pepperstone wins for safety and regulation with FCA, ASIC, CySEC, BaFin, FMA, and DFSA oversight.
Best for active traders
Recommended
Axi vs Pepperstone: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.7/ 5 | 3.9/ 5 |
| Min deposit | No minimum | No minimum |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $7/lot | $7/lot |
Axi vs Pepperstone 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 Pepperstone: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Axi
criteria wins
1
Pepperstone
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Axi | Pepperstone |
|---|---|---|
| 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 | Fail |
Axi vs Pepperstone: Frequently Asked Questions
The scores are close: Axi rates 3.7/5 and Pepperstone rates 3.9/5. Pepperstone 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 Pepperstone 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.
Neither Axi nor Pepperstone requires a minimum deposit, making both accessible regardless of starting capital.
Both Axi and Pepperstone 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 20:1, while Pepperstone lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both Axi and Pepperstone 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 Pepperstone supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. Pepperstone has exclusive access to cTrader and IRESS and MetaTrader 5 and TradingView.
Neither Axi nor Pepperstone 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 Pepperstone 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.
