Should I choose Axi as my forex broker?
💡 Answer
Axi is best suited for: Algo Trading, Beginners, Copy Trading, Day Trading, Education, High Leverage, Low Deposit, Low Spreads, Scalping, Swing Trading, News Trading, Hedging, Zero Spread, No Commission, Professional
Axi is a multi-regulated global forex and CFD broker founded in 2007 in Sydney, Australia, offering ECN execution with access to 20+ tier-1 liquidity providers across 290+ instruments. The broker is regulated by ASIC, FCA, CySEC, and DFSA, with client funds held in segregated trust accounts audited by PwC.Axi is known for its MT4 NexGen suite with advanced trading tools, the Axi Copy Trading app, and the Axi Select funded trader program offering up to $1M in funding with 90% profit share.
See if Axi matches your trading needs — explore their full offering at Axi official website.
More FAQs about Axi
- Does Axi accept traders from all countries?
- How quickly can I open an account and start trading at Axi?
- What country is Axi headquartered in?
- What market research tools are included with a Axi account?
- How does Axi Trustpilot rating compare to other brokers?
- Can I deposit with a credit card at Axi, and how long do withdrawals take?
- What social trading platforms does Axi integrate with?
- Is Axi good for algo trading, and do they offer VPS hosting?
- Does Axi support trading in stocks, indices, and commodities?
- How many account types does Axi have, and what are the differences?
- What charting platforms does Axi support?
- What is the cheapest way to fund an account at Axi?
- How does leverage work at Axi, and when does a margin call trigger?
- What is the cost structure at Axi for forex trading?
- Which regulators oversee Axi, and are there any investor protection schemes?
Guides Where Axi Is Featured
- Best DFSA-Regulated Forex Brokers in 2026
- Best ECN Forex Brokers in 2026
- Best Forex Brokers for Commodity Trading in 2026
- Best Forex Brokers for Expert Advisors (EA Trading) in 2026
- Best Forex Brokers for Guinea Bissau in 2026
- Best Forex Brokers for Professional Traders in 2026
These guides include Axi alongside other forex brokers, grouped by trading features, platforms, availability, and trader requirements.
Axi vs BlackBull Markets vs XM - Forex Broker Comparison (April 2026)
Side-by-side comparison of Axi vs BlackBull Markets vs XM. Quickly scan spreads, leverage, regulations, platforms, instruments, fees, trading conditions, payment options and account types to narrow down your forex broker shortlist. Data updated April 2026.
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Axi
Built by traders, for traders
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BlackBull Markets
Trade with an award-winning True ECN broker
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XM
Global Multi-Asset Broker — Big and Fair
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.1 | 4.7 | 0 |
| Trustpilot Reviews | 6,257 | 3,261 | 0 |
| Headquarters | Australia | New Zealand | Cyprus |
| Founded | 2007 | 2014 | 2009 |
| Best For | Algo Trading Beginners Copy Trading Day Trading Education High Leverage Low Deposit Low Spreads Scalping Swing Trading News Trading Hedging Zero Spread No Commission Professional | Algo Trading Copy Trading Day Trading High Leverage Low Deposit Low Spreads Scalping Swing Trading News Trading Hedging Zero Spread No Commission Professional | Beginners Education Low Deposit Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | |||
| Regulation | ASIC (Australia) FCA (UK) CySEC (Cyprus) DFSA (Dubai) FMA (New Zealand) | FMA (New Zealand) FSA (Seychelles) | CySEC (Cyprus) ASIC (Australia) DFSA (Dubai) FSCA (South Africa) FSC (Belize) |
| Fund Segregation | ✅ Yes | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes | ✅ Yes |
| Compensation Scheme | FSCS up to GBP 85000 (UK/FCA), ICF up to EUR 20000 (EU/CySEC), plus Lloyd's of London insurance up to $1M per client | FSCL (Financial Services Complaints Limited) dispute resolution scheme in New Zealand. No FSCS or ICF coverage. Seychelles entity has no investor compensation fund. | Up to EUR 20,000 under CySEC ICF |
| Trading Costs | |||
| Min Spread | 0.0 pips (Pro/Elite), 0.6 pips (Standard) | 0.0 pips (Prime/Institutional), 0.8 pips (Standard) | From 0.0 pips (Zero), From 0.8 pips (Ultra Low), From 1.6 pips (Standard/Micro) |
| Commission | $0 (Standard), $7/lot RT (Pro), $3.50/lot RT (Elite) | $0 (Standard), $6/lot RT (Prime), $4/lot RT (Institutional) | $3.50/lot/side (Zero), None (Standard/Micro/Ultra Low) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes | ✅ Yes |
| Inactivity Fee | $10/month after 12 months of inactivity | None | $15 after 90 days inactive, then $5/month |
| Deposit/Withdrawal Fees | None (third-party payment provider fees may apply) | Deposits free. Withdrawals $5 flat fee for bank wire and cards. E-wallet fees vary. | No deposit fees. No withdrawal fees (bank wire under $200 may incur fee) |
| Trading Conditions | |||
| Max Leverage | 1:500 (Global), 1:30 (EU/UK/AU retail) | 1:500 (Global) | 1:1000 (Global), 1:30 (EU/AU retail) |
| Min Deposit | $0 (Standard), $500 (Pro), $25000 (Elite) | $0 (Standard/Prime), $20000 (Institutional) | $5 (Standard/Micro/Ultra Low), $5 (Zero) |
| Execution Type | ECN | ECN | Market Maker |
| Stop Out Level | 20% | 50% | 50% (EU), 20% (Global) |
| Margin Call Level | 100% | 70% | 50% (EU), 100% (Global) |
| Instruments | 70 Forex 100+ Stocks 30 Indices 13 Commodities Metals Energies 30 Crypto 150+ Futures | 70 Forex 1800+ Stocks 16 Indices 10 Commodities 9 Metals 3 Energies 20 Crypto ETFs Futures | 55+ Forex 1200+ Stocks 30 Indices 10 Commodities 5+ Metals 3 Energies 60+ Crypto |
| Currency Pairs | 70 | 70 | 55 |
| Min Lot Size | 0.01 | 0.01 | 0.01 |
| Platforms & Tools | |||
| Trading Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader TradingView | MetaTrader 4 MetaTrader 5 |
| Mobile App | ✅ Yes | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes | ✅ Yes |
| Education | Axi Academy eBooks Video Tutorials Webinars Blog MT4 Tutorials | Video Tutorials Webinars Trading Academy eBooks Economic Calendar Market Analysis Podcasts Autochartist | Webinars (23 languages) Video Tutorials Trading Academy XM Live Sessions Seminars |
| Account & Support | |||
| Account Types | Standard Pro Elite Islamic Demo | Standard Prime Institutional Islamic Demo | Micro Standard Ultra Low Zero Shares Islamic Demo |
| Payment Methods | Credit/Debit Cards (Visa Mastercard) Bank Wire PayPal Skrill Neteller FasaPay Crypto (Bitcoin) Perfect Money | Credit/Debit Cards (Visa Mastercard AMEX) Bank Wire Skrill Neteller UnionPay Crypto (Bitcoin Ethereum) FasaPay Apple Pay Google Pay | Credit/Debit Cards (Visa Mastercard) Bank Wire Skrill Neteller UnionPay WebMoney Apple Pay Google Pay |
| Withdrawal Speed | 1-3 Days (bank wire), Instant (PayPal, e-wallets) | 1-2 Days (e-wallets under 24 hours, bank wire 1-3 business days) | Same day (e-wallets), 2-5 days (cards/bank wire) |
| Support Hours | 24/5 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone, WhatsApp | 24/5 Live Chat, Email, Phone |
Axi
BlackBull Markets
XM