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Axi

Axi

🟢 Tier 1 Regulated
8.0
/ 10
vs
FP Markets

FP Markets

🟢 Tier 1 Regulated
8.2
/ 10

Axi vs FP Markets

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Axi and FP Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Axi, founded in 2007 and headquartered in Sydney, Australia, is regulated by ASIC, FCA, DFSA and offers spreads starting from 0.0 pips with a minimum deposit of $0. FP Markets, established in 2005 in Sydney, Australia, holds licenses from ASIC, CySEC with spreads from 0.0 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, FP Markets scored 8.2/10 overall compared to Axi's 8/10, making it the stronger pick for most traders. That said, Axi holds its own with stronger regulation, so your ideal broker depends on what you prioritize in a trading partner.

Trust stack

Trust stack for this head-to-head

This comparison uses the same review dataset, methodology, disclosure, and corrections standards as the rest of TBR money pages. Head-to-head verdicts still need an entity-level regulation check before signup.

Updated
May 3, 2026
Methodology
Methodology
Corrections / contact
Corrections / Contact

Risk layer

Risk & regulation snapshot for Axi

Regulation

Third-party

ASIC, FCA, DFSA · brand-level entity model

Leverage / exposure

Broker-stated

1:500 (high-risk if you size trades badly)

Trust read

Verified

Tier 1 trust profile

Regulation status

Third-party

ASIC, FCA, DFSA gives this broker a cleaner top-tier regulation read than the average CFD brand.

Entity nuance

Third-party

Axi shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Investor protection

Unknown

Top-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.

Verification state

Verified

Verification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.

High-risk warning

Broker-stated

A 1:500 ceiling is aggressive retail leverage. Small mistakes can snowball fast even if the broker itself is regulated.

Safer alternative lens

If this profile feels too aggressive, compare brokers with cleaner tier-1 coverage and lower leverage ceilings before funding an account.

Risk layer

Risk & regulation snapshot for FP Markets

Regulation

Third-party

ASIC, CySEC · brand-level entity model

Leverage / exposure

Broker-stated

1:500 (high-risk if you size trades badly)

Trust read

Verified

Tier 1 trust profile

Regulation status

Third-party

ASIC, CySEC gives this broker a cleaner top-tier regulation read than the average CFD brand.

Entity nuance

Third-party

FP Markets shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Investor protection

Unknown

Top-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.

Verification state

Verified

Verification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.

High-risk warning

Broker-stated

A 1:500 ceiling is aggressive retail leverage. Small mistakes can snowball fast even if the broker itself is regulated.

Safer alternative lens

If this profile feels too aggressive, compare brokers with cleaner tier-1 coverage and lower leverage ceilings before funding an account.

Evidence labels

How to read the evidence in Axi vs FP Markets

Comparison pages mix our own review work with broker-published facts and outside records. The labels make that visible instead of flattening everything into one fake confidence level.

Overall verdict and score differences

Verified

These come from our review methodology and the underlying hands-on review dataset used for scoring.

Spreads, minimum deposits, leverage, and platform lists

Broker-stated

These are usually published broker facts unless a review explicitly documents a direct test.

Regulation and entity background

Third-party

Those checks rely on regulator registers and other external records, not just broker marketing copy.

Cells the source reviews do not support cleanly

Unknown

If the underlying evidence is thin or conflicted, the safe answer is to keep the gap visible.

Verified

We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.

Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.

Broker-stated

The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.

Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.

Third-party

The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.

Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.

Unknown

We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.

Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.

Key Differences at a Glance

  • 📊

    FP Markets scores 8.2/10 overall vs 8/10 for Axi — a 0.2-point difference.

  • 💵

    Axi requires just $0 to start, while FP Markets needs $100 — Axi is 100x more accessible.

  • 📈

    FP Markets offers 10,000+ instruments vs 300+ at Axi — a massive gap in market coverage.

  • 🖥️

    Axi runs on MT4, Axi Copy Trading App, while FP Markets uses MT4, MT5, cTrader, IRESS — different ecosystems for different trading styles.

  • The biggest gap is in Platforms & Tools: FP Markets scores 8.5 vs 7.0 for Axi — a 1.5-point difference.

Our Verdict

Axi

Axi

Score: 8.0/10 · Wins 1 categories
  • Top-tier regulation and fund safety are your priority
  • You prefer a low minimum deposit ($0)
  • You prefer Axi's trading environment overall
🏆 WINNER
FP Markets

FP Markets

Score: 8.2/10 · Wins 4 categories
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools

FP Markets takes the lead with an overall score of 8.2/10 compared to 8/10, winning in 4 out of 8 scoring categories. FP Markets stands out for better trading platforms and better customer support, while Axi fights back with stronger regulation.

Broker recommendation block

If you only shortlist two names after this comparison, make it FP Markets first and Axi second

FP Markets is the stronger default pick on the numbers here, but Axi still makes sense if its edge lines up with how you actually trade.

FP Markets

🟢 Tier 1 Regulated

ASIC · CySEC

8.2

FP Markets wins this matchup on overall score, especially for better trading platforms and better customer support.

Overall score

8.2/10

Minimum deposit

$100

Axi

🟢 Tier 1 Regulated

ASIC · FCA · DFSA

8.0

Axi is still worth a second tab open if you care more about stronger regulation.

Overall score

8.0/10

Minimum deposit

$0

Detailed Verdict

After testing both brokers with real accounts, FP Markets comes out ahead with a 8.2/10 overall rating, winning 4 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. FP Markets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Axi is not without merit — it scores 8/10 overall and excels in Regulation & Trust (9.0/10), winning 1 category. Traders who value stronger regulation may find Axi the better fit. For a complete breakdown, read our full FP Markets review and Axi review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Axi
FP Markets
Trading Costs
8.5 8.5
Platforms & Tools
7.0 8.5

FP Markets wins by 1.5 points

Regulation & Trust
9.0 8.5

Axi wins by 0.5 points

Education
7.0 7.0
Customer Service
7.5 8.0

FP Markets wins by 0.5 points

Research & Analysis
7.0 7.5

FP Markets wins by 0.5 points

Deposit & Withdrawal
8.0 8.0
Product Range
7.0 8.0

FP Markets wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset. In practice that usually means Verified scoring logic, Broker-stated commercial facts, and Third-party regulation checks — with Unknown left visible when the source reviews do not support a cleaner claim.
Feature
Overall Score
8.0/10
8.2/10
Min Deposit
Lower is better
$0
$100
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, Axi Copy Trading App
MT4, MT5, cTrader, IRESS
Regulation
ASIC, FCA, DFSA
ASIC, CySEC
Founded
Older track record highlighted
2007
2005
Markets
300+
10,000+
Axi: 0 FP Markets: 0
💰

Fees & Costs

When it comes to trading costs, Axi has the edge with a score of 8.5/10 versus 8.5/10 for FP Markets. Axi offers spreads starting from 0.0 pips, while FP Markets starts from 0.0 pips. The minimum deposit at Axi is $0, compared to $100 at FP Markets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Axi
8.5
FP Markets
8.5
Axi: 0 FP Markets: 1
🖥️

Trading Platforms

🏅 Section Winner: FP Markets (7.0 vs 8.5)

FP Markets scores 8.5/10 for platforms compared to 7/10 for Axi. Axi provides MT4, Axi Copy Trading App, while FP Markets offers MT4, MT5, cTrader, IRESS. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Axi
7.0
FP Markets
8.5
Axi: 1 FP Markets: 1
🛡️

Regulation & Safety

🏅 Section Winner: Axi (9.0 vs 8.5)

Regulation is crucial for fund safety. Axi is regulated by ASIC, FCA, DFSA (Tier 1), while FP Markets holds licenses from ASIC, CySEC (Tier 1). Axi scores 9/10 and FP Markets scores 8.5/10 in this category. Axi shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. FP Markets shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, but you should still verify the specific entity covering your jurisdiction before opening an account.

Axi
9.0
FP Markets
8.5
Axi: 1 FP Markets: 1
📚

Education & Research

For learning resources, Axi leads with 7/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Axi and FP Markets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Axi
7.0
FP Markets
7.0
Axi: 1 FP Markets: 2
🎧

Customer Support

🏅 Section Winner: FP Markets (7.5 vs 8.0)

Axi offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while FP Markets provides 24/7 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Axi
7.5
FP Markets
8.0
Axi: 1 FP Markets: 2
💳

Deposit & Withdrawal

Axi scores 8/10 for deposits and withdrawals, while FP Markets scores 8/10. Axi accepts Bank Transfer, Credit Card, Skrill, Neteller, POLi, and FP Markets supports Bank Transfer, Credit Card, PayPal, Skrill, Neteller. Processing times, fees, and available currencies vary. Axi requires a minimum deposit of $0 versus $100 for FP Markets. Always check withdrawal conditions and any potential fees before funding your account.

Axi
8.0
FP Markets
8.0

Which Broker Is Right for You?

Axi

Choose Axi if you...

  • Top-tier regulation and fund safety are your priority
  • You prefer a low minimum deposit ($0)
  • You prefer Axi's trading environment overall
Visit Axi
FP Markets

Choose FP Markets if you...

  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools
Visit FP Markets

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Routing after Axi vs FP Markets

Compare pages should route readers back to evidence, up to best-of lists, and across to regulator entities when trust is the real blocker.

Frequently Asked Questions

Is Axi better than FP Markets?
FP Markets scores higher overall (8.2/10 vs 8/10), winning 4 of 8 categories. However, Axi is stronger in stronger regulation. The best choice depends on what matters most to your trading style.
Which has lower fees, Axi or FP Markets?
Axi scores higher for trading costs. Axi offers spreads from 0.0 pips with a $0 minimum deposit, while FP Markets starts from 0.0 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Axi safe to trade with?
Axi is regulated by ASIC, FCA, DFSA and scores 9/10 for regulation. FP Markets is regulated by ASIC, CySEC with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Axi or FP Markets?
FP Markets scores 8.5/10 for platforms. Axi offers MT4, Axi Copy Trading App, while FP Markets provides MT4, MT5, cTrader, IRESS. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Axi vs FP Markets?
Axi requires a minimum deposit of $0, while FP Markets requires $100. Axi has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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