This comparison pits Axi against XM in a stock CFD matchup. The tension centers on exchange coverage and platform depth.
Axi and XM are closely matched overall, but XM edges ahead on exchange coverage with 10 exchanges versus Axi’s 8.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
XM benefits from broader regulator coverage and compensation fund protection.
| Editorial score | 3.7/ 5 | 3.7/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $5 |
| Spreads from | 0 pips▼ lower | 0.6 pips |
| Commission / lot | $7/lot | N/A |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Axi | XM |
|---|---|---|
| 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 and XM share the same editorial score of 3.7/5. One concrete differentiator: Axi requires a lower minimum deposit.
Axi lists tighter spreads from 0, compared with XM's 0.6. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
Axi has no minimum deposit, while XM requires at least $5. This makes Axi more accessible for traders with limited starting capital.
Both Axi and XM 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 XM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Axi charges $7 per trade on commission-based accounts. Commission details for XM are not currently available. Check their website for up-to-date pricing. 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 XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. XM has exclusive access to MetaTrader 5.
Neither Axi nor XM 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 XM 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.
Axi wins for a proprietary platform and ECN-adjacent equity CFD execution.
Equally matched, as neither offers fractional shares, DRIP, or IPO access.
| 0.7 pips |
| N/A |
| Inactivity fee | None | $5/month (after 90 days) |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal fee | Free | Free for most methods |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FCA ASIC DFSA | ASIC CySEC ASF FSC KNF |
|---|
| Platforms | DXtrade MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
Score 3.7 / 5
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