Axi vs Pepperstone Comparison: Which Is Better for Traders?
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 Pepperstone?
Our pick: Pepperstone
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Pepperstone looks preferable to Axi.
Pepperstone scored 4.6/5 and ranks 6 in our all Forex brokers list, whereas Axi has 4/5 and ranks 47.
This is not financial advice. See the full comparison below.
Who is Axi suitable for?
Axi is suitable for beginner traders who value education and simple tools. Experienced traders not trading on MT4 may find the broker less convenient.
Who is Pepperstone suitable for?
Pepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.
Comparison Table of Axi and Pepperstone
| Broker | Axi | Pepperstone |
|---|---|---|
| Rating | 4/5 | 4.6/5 |
| Foundation Year | 2006 | 2010 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:500 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | Axi Review | Pepperstone Review |
Axi Review
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
- Axi is a licensed and regulated broker.
- An extensive set of educational resources.
- Convenient and useful trading tools.
- Variety of deposit and withdrawal methods.
Cons
- Limited choice of trading platforms.
- Demo account with limited duration.
- Inactivity fee.
Axi is in the top 10 of the following ratings:
Pepperstone Review
Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- Numerous regulatory licenses.
- A large number of trading assets.
Cons
- Lack of diversity in types of trading accounts.
Pepperstone is in the top 10 of the following ratings:
Reliability
| Broker | Axi | Pepperstone |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2006 | 2010 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Regulators | SVGFSA SVGFSA ASIC ASIC NZ FMA NZ FMA DFSA DFSA FCA FCA | ASIC ASIC SCB SCB CySEC CySEC DFSA DFSA BaFin BaFin CMA CMA FCA FCA |
Axi
Axi is a reliable broker adhering to international standards, ensuring the protection of client funds.
Pros
- Regulated by leading authorities (FCA, ASIC, DFSA).
- Segregated bank accounts for fund protection.
- Strict compliance with international norms and regulations.
Pepperstone
Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.
Account Opening
| Broker | Axi | Pepperstone |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
|
|
Axi
The account opening process at Axi is conveniently and efficiently organized.
Pros
- Intuitive process.
- Clear structure and breakdown by stages.
Cons
- Verification can take some time.
Pepperstone
The account opening process is straightforward, convenient, and fast.
Account Types
| Broker | Axi | Pepperstone |
|---|---|---|
| Account Types | 4/5 | 3.8/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:500 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
Axi
The variety of accounts offered by broker Axi provides a range of options for traders.
Pros
- Wide selection of account types.
- Availability of specialized accounts.
- Options for beginners and professionals.
Cons
- No accounts with fixed spreads.
- No cent accounts.
Pepperstone
Pepperstone's account types meet the needs of most traders, though they lack variability.
Pros
- The ability to copy trades.
- Support for VPS hosting.
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Commissions
| Broker | Axi | Pepperstone |
|---|---|---|
| Commissions | 3/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 1.15 |
| Commission per Lot | $3.5 | $3.5 |
Axi
Axi's commissions are at an average level, not standing out in the market with high or low rates.
Pros
- Transparent commission structure.
- No fees for deposits and withdrawals.
Cons
- Inactivity fee for the account.
Pepperstone
Pepperstone does not charge an inactivity fee or withdrawal fees, which is an essential advantage for traders. As for trading commissions, the broker offers competitive conditions.
Deposit and Withdrawal
| Broker | Axi | Pepperstone |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
|
|
Axi
Deposit and withdrawal processes at broker Axi are highly rated due to flexibility and convenience.
Pros
- Wide range of deposit and withdrawal methods.
- No fees for most operations.
- Fast processing of requests (1-2 days).
Pepperstone
Account funding and withdrawal processes at Pepperstone are pretty convenient and fast.
Pros
- Multiple available deposit methods.
- No deposit fee.
- Swift transaction processing.
Cons
- Bank fees for withdrawals.
Markets and Products
| Broker | Axi | Pepperstone |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 69 | 97 |
| Precious Metals | 8 | 20 |
| Energy Carriers | 5 | 4 |
| Soft Commodities | 3 | 16 |
| Indices | 31 | 26 |
| Stocks | 144 | 986 |
| Cryptocurrency | 35 | 30 |
| ETF | - | 108 |
Axi
Broker Axi offers a wide selection of markets and products, allowing for investment diversification.
Pepperstone
The broker utilizes services from several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.
Trading Platforms
| Broker | Axi | Pepperstone |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Trading Platforms |
|
|
Axi
Broker Axi provides the popular MT4 platform, but is limited to it, which may not satisfy all traders.
Pepperstone
Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.
Analytics
| Broker | Axi | Pepperstone |
|---|---|---|
| Rating | 3/5 | 5/5 |
Axi
Axi broker's analytics are satisfactory but lack depth in analysis.
Pros
- A wide array of market analysis tools.
Cons
- Lack of in-depth analytical research.
- Shortage of expert opinions from in-house analysts.
Pepperstone
Pepperstone has a well-developed analytical department, which includes daily market reviews, an economic calendar, the powerful automatic market analysis tool Autochartist, and convenient calculators for traders.
Education
| Broker | Axi | Pepperstone |
|---|---|---|
| Rating | 4/5 | 5/5 |
Axi
Axi's educational materials offer diverse and high-quality content.
Pros
- A broad range of educational resources.
- Covers different levels of trader experience.
Cons
- Lack of personalized training.
- All materials are in English.
Pepperstone
Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.
Customer Support
| Broker | Axi | Pepperstone |
|---|---|---|
| Rating | 3/5 | 5/5 |
| Email Support |
|
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
Instagram
Twitter
Telegram
LinkedIn
TikTok
YouTubeAxi
Axi's broker support shows mixed results.
Pros
- Variety of communication channels.
- 24/7 availability.
Cons
- Variable quality of service.
- There are negative reviews about the speed and efficiency of support.
Pepperstone
Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.
Comparisons of Axi and Pepperstone with other brokers
Conclusion
Pepperstone stands out as the better overall pick, while Axi trails on aggregate criteria.
Pepperstone scored 4.6/5 and ranks 6 in our rating; Axi has 4/5 and ranks 47.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Axi or Pepperstone?
Pepperstone comes out ahead by overall rank (score 4.6/5, position 6) versus Axi (score 4/5, position 47).
Which broker is better for beginners: Axi or Pepperstone?
Pepperstone is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Axi or Pepperstone?
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 Pepperstone?
Axi: MetaTrader 4. Pepperstone: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Axi and Pepperstone?
Axi: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Pepperstone: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Axi and Pepperstone?
Axi: Standard, Pro, Elite. Pepperstone: Standard, Razor. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Axi and Pepperstone?
Axi: Bpay, FasaPay, Neteller, Skrill, Alipay, PayPal, Bank Transfer, Sofort, Credit and Debit Cards, POLi, iDeal, Giropay, Online banking. Pepperstone: Neteller, PayPal, Skrill, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Axi or Pepperstone — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
