Broker comparison

Axi vs FP Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers Axi and FP Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
Axi
Rating
4/5
Rank
#51
Register

Trading CFDs carries high risks. You may lose all invested funds

FP MarketsHigher ranked
Rating
4.7/5
Rank
#2
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - Axi or FP Markets?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

FP Markets ranks higher in the editorial ranking.
Axi
Rating: 4/5Rank: #51
FP Markets
Rating: 4.7/5Rank: #2

Axi

Minimum deposit · USD
1 USD
Different platforms
None listed
Different markets
None listed

FP Markets

Minimum deposit · USD
100 USD
Different platforms
  • MetaTrader 5
  • cTrader
  • TradingView
Different markets
  • ETF
  • Bonds

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Axi and FP Markets

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Overview: comparison of Axi, FP Markets
BrokerAxiFP Markets
Foundation Year20072005
Regulated in CountriesSaint Vincent and the Grenadines, Australia, United Arab Emirates, United KingdomAustralia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles
Minimum Deposit
  • 1 USD
  • 100 AUD
  • 100 CAD
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 100 HKD
  • 100 NZD
  • 100 SGD
  • 100 USD
  • 1700 ZAR
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:5001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
ReviewAxi ReviewFP Markets Review

Axi Review

Axi Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4
compare Axi trading accounts

Axi provides reliable and secure services in the Forex market. Thanks to regulation, extensive educational materials, and various trading tools, Axi has become an attractive choice for many traders.

However, it is crucial to consider the broker's disadvantages, such as limited choice of trading platforms, unstable quality of support, and inactivity fees. Based on this, Axi may be particularly suitable for beginners and intermediate traders looking for simple and intuitive trading tools and those who want to improve their skills and knowledge with educational materials.

Experienced traders who prefer to use other trading platforms besides MT4 may find Axi less suitable for their needs. Nevertheless, the company continues to offer stable services and competitive conditions, making it an attractive option for many traders in the Forex market.

Pros and Cons of Axi

Pros

  1. Axi is a licensed and regulated broker.
  2. An extensive set of educational resources.
  3. Convenient and useful trading tools.
  4. Variety of deposit and withdrawal methods.

Cons

  1. Limited choice of trading platforms.
  2. Demo account with limited duration.
  3. Inactivity fee.

Axi is in the top 10 of the following ratings:

FP Markets Review

FP Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5cTraderTradingView
compare FP Markets trading accounts

FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.

Pros and Cons of FP Markets

Pros

  1. Robust regulation, serious fund protection plus segregated accounts in AA banks.
  2. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
  3. Rich selection of trading platforms.
  4. Wide range of instruments.
  5. Numerous deposit/withdrawal methods.
  6. Strong analytics and education.
  7. 24/7 support.

Cons

  1. Lack of cent accounts and fixed spread accounts.
  2. Some analytical materials and software are accessible only with a deposit or trading volume.

FP Markets is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of Axi, FP Markets
BrokerAxiFP Markets
Reliability
5/5
5/5
Foundation Year20072005
Regulated in CountriesSaint Vincent and the Grenadines, Australia, United Arab Emirates, United KingdomAustralia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles
Regulators

Axi

Axi is a reliable broker adhering to international standards, ensuring the protection of client funds.

Pros

  1. Regulated by leading authorities (FCA, ASIC, DFSA).
  2. Segregated bank accounts for fund protection.
  3. Strict compliance with international norms and regulations.

FP Markets

Multi-tier licenses from ASIC, CySEC and FSCA, fund segregation, and a spotless regulatory history make FP Markets a reliable partner.

Pros

  1. Tier-1/Tier-2 licenses (ASIC, CySEC)
  2. Funds held in AA bank accounts, negative balance protection
  3. Independent order execution audits

Account Opening

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Account Opening: comparison of Axi, FP Markets
BrokerAxiFP Markets
Account Opening
4.5/5
5/5
Minimum Deposit
  • 1 USD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 CAD
  • 100 AUD
  • 100 NZD
  • 100 SGD
  • 100 HKD
  • 1700 ZAR

Axi

The account opening process at Axi is conveniently and efficiently organized.

Pros

  1. Intuitive process.
  2. Clear structure and breakdown by stages.

Cons

  1. Verification can take some time.

FP Markets

Opening an account completely online: registration in up to 5 minutes, verification within an hour, minimum deposit of 100 AUD — you can start trading on the same day.

Pros

  1. Fast registration and KYC
  2. Verification in less than one business day
  3. Commission-free deposit starting from 100 AUD

Account Types

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Account Types: comparison of Axi, FP Markets
BrokerAxiFP Markets
Account Types
4/5
4.3/5
Trading Accounts
  • Standard
  • Pro
  • Elite
  • Standard
  • Raw
Minimum Deposit
  • 1 USD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 CAD
  • 100 AUD
  • 100 NZD
  • 100 SGD
  • 100 HKD
  • 1700 ZAR
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:5001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
Demo Account
Swap-free Account

Axi

The variety of accounts offered by broker Axi provides a range of options for traders.

Pros

  1. Wide selection of account types.
  2. Availability of specialized accounts.
  3. Options for beginners and professionals.

Cons

  1. No accounts with fixed spreads.
  2. No cent accounts.

FP Markets

The FP Markets account lineup is nearly universal — RAW, Standard, Islamic, Iress DMA, demo, and copy trading services meet the needs of most traders, all starting from 100 AUD.

Pros

  1. Accounts suitable for every trading style
  2. Free VPS and copy trading

Cons

  1. No cent/micro account

Commissions

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Commissions: comparison of Axi, FP Markets
BrokerAxiFP Markets
Commissions
3/5
4/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.21.2
Commissionper 1 lot$3.50per 1 lot$3.00

Axi

Axi's commissions are at an average level, not standing out in the market with high or low rates.

Pros

  1. Transparent commission structure.
  2. No fees for deposits and withdrawals.

Cons

  1. Inactivity fee for the account.

FP Markets

Transparent pricing: an average ECN commission of $6 per lot, market spreads of ≈1.2 pips on the Standard account, free deposits, and no inactivity charges make the conditions attractive for most traders.

Pros

  1. No fees for deposits and withdrawals
  2. No account inactivity fees

Cons

  1. The Standard account does not offer ultra-narrow spreads

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Axi, FP Markets
BrokerAxiFP Markets
Rating
5/5
5/5
Account Funding Methods
  • Bpay
  • FasaPay
  • Neteller
  • Skrill
  • Alipay
  • PayPal
  • Bank Transfer
  • Sofort
  • Credit and Debit Cards
  • POLi
  • iDeal
  • Giropay
  • Online banking
  • Neteller
  • Skrill
  • SticPay
  • FasaPay
  • Virtual Pay
  • Pagsmile
  • Dragonpay
  • Swift
  • Rapid Transfer
  • Visa
  • Mastercard
  • Asia Banks
  • Rapyd

Axi

Deposit and withdrawal processes at broker Axi are highly rated due to flexibility and convenience.

Pros

  1. Wide range of deposit and withdrawal methods.
  2. No fees for most operations.
  3. Fast processing of requests (1-2 days).

FP Markets

You can fund your account instantly and commission-free via any convenient method, and withdrawals are processed within one business day.

Pros

  1. 0% commission on all deposits
  2. Cards, e-wallets, crypto, local banks
  3. Withdrawals processed in less than one business day

Cons

  1. 0.5–1% commission on currency conversion

Markets and Products

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Markets and Products: comparison of Axi, FP Markets
BrokerAxiFP Markets
Markets and Products
5/5
5/5
Forex6981
Precious Metals817
Energy Carriers55
Soft Commodities37
Indices3118
Stocks144566
Cryptocurrency3512
ETF-58
Bonds-2

Axi

Broker Axi offers a wide selection of markets and products, allowing for investment diversification.

FP Markets

The FP Markets range covers 700+ CFDs — from 80 currency pairs to DMA stocks on Iress, making portfolio diversification relatively straightforward.

Pros

  1. 80+ currency pairs, metals, indices, soft commodities
  2. 500+ CFDs on stocks from Europe, the UK, and the USA
  3. Leverage up to 1:500 for professional clients

Trading Platforms

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Trading Platforms: comparison of Axi, FP Markets
BrokerAxiFP Markets
Rating
3.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView

Axi

Broker Axi provides the popular MT4 platform, but is limited to it, which may not satisfy all traders.

FP Markets

MT4/5, cTrader, TradingView, and Iress provide FP Markets with an almost complete arsenal: from algorithmic trading to DMA stocks. The versatility and fast NY4 connectivity put FP Markets’ platform suite among the best.

Pros

  1. 4 platforms, including TradingView and Iress DMA
  2. Execution ≈ 0.02 sec on NY4, supports bots and API
  3. Mobile and web versions of MT4/5 plus a proprietary application

Cons

  1. Iress is fee-based without turnover ≥150 AUD
  2. No browser-based cTrader Web

Analytics

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Analytics: comparison of Axi, FP Markets
BrokerAxiFP Markets
Rating
3/5
5/5

Axi

Axi broker's analytics are satisfactory but lack depth in analysis.

Pros

  1. A wide array of market analysis tools.

Cons

  1. Lack of in-depth analytical research.
  2. Shortage of expert opinions from in-house analysts.

FP Markets

FP Markets offers a rich analytics suite — Trading Central, Autochartist, Traders Toolbox, TradeMedic, and a daily blog — which covers technical, fundamental, and behavioral analysis; access to some tools requires a deposit/trading volume.

Pros

  1. Trading Central and Autochartist with alerts
  2. 12-module Traders Toolbox + TradeMedic
  3. Economic calendar and daily trading ideas

Cons

  1. Paid access required for some analytics

Education

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Education: comparison of Axi, FP Markets
BrokerAxiFP Markets
Rating
4/5
5/5

Axi

Axi's educational materials offer diverse and high-quality content.

Pros

  1. A broad range of educational resources.
  2. Covers different levels of trader experience.

Cons

  1. Lack of personalized training.
  2. All materials are in English.

FP Markets

FP Markets offers courses, webinars, podcasts, and e-books ranging from basic to advanced, making its educational resources nearly universal.

Pros

  1. Regular webinars + an extensive video library
  2. Online courses for traders of various levels
  3. Numerous e-books

Customer Support

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Axi

Axi's broker support shows mixed results.

Pros

  1. Variety of communication channels.
  2. 24/7 availability.

Cons

  1. Variable quality of service.
  2. There are negative reviews about the speed and efficiency of support.

FP Markets

FP Markets’ customer support responds within seconds, operates 24/7, and usually resolves issues on the first contact.

Pros

  1. 24/7 support
  2. Multiple support channels
  3. High support rating

Comparisons of Axi and FP Markets with other brokers

Conclusion

When choosing between FP Markets and Axi, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Axi or FP Markets?

FP Markets ranks higher than Axi in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Axi or FP Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Axi or FP Markets?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with Axi and FP Markets?

Axi: MetaTrader 4. FP Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView. See the “Platforms” section for details and selection tips.

What markets can you trade with Axi and FP Markets?

Axi: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. FP Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Axi and FP Markets?

Axi: Standard, Pro, Elite. FP Markets: Standard, Raw. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Axi and FP Markets?

Axi: Bpay, FasaPay, Neteller, Skrill, Alipay, PayPal, Bank Transfer, Sofort, Credit and Debit Cards, POLi, iDeal, Giropay, Online banking. FP Markets: Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Pagsmile, Dragonpay, Swift, Rapid Transfer, Visa, Mastercard, Asia Banks, Rapyd. Check method-specific fees/settlement times.

Which broker is safer — Axi or FP Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.