Axi
FXTM
Axi vs FXTM
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Axi and FXTM 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. FXTM, established in 2011 in Limassol, Cyprus, holds licenses from CySEC, FCA, FSA with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, Axi scored 8/10 overall compared to FXTM's 8/10, making it the stronger pick for most traders. That said, FXTM holds its own with better trading platforms and superior education resources, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Axi scores 8/10 overall vs 8/10 for FXTM — a 0.0-point difference.
- 💵
Axi requires just $0 to start, while FXTM needs $10 — Axi is 10x more accessible.
- 📈
FXTM offers 600+ instruments vs 300+ at Axi — a notable difference in market coverage.
- 🖥️
Axi runs on MT4, Axi Copy Trading App, while FXTM uses MT4, MT5, FXTM Trader App — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Education: FXTM scores 8.5 vs 7.0 for Axi — a 1.5-point difference.
Our Verdict
Axi
Score: 8.0/10 · Wins 1 categories- You want lower spreads and trading fees
- You prefer a low minimum deposit ($0)
- You prefer Axi's trading environment overall
FXTM
Score: 8.0/10 · Wins 2 categories- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You prefer FXTM's trading environment overall
Axi takes the lead with an overall score of 8/10 compared to 8/10, winning in 1 out of 8 scoring categories. Axi stands out for lower trading costs, while FXTM fights back with better trading platforms and superior education resources.
Detailed Verdict
After testing both brokers with real accounts, Axi comes out ahead with a 8/10 overall rating, winning 1 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. Axi holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXTM is not without merit — it scores 8/10 overall and excels in Regulation & Trust (9.0/10), winning 2 categories. Traders who value better trading platforms or superior education resources may find FXTM the better fit. For a complete breakdown, read our full Axi review and FXTM review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Axi wins by 0.5 points
FXTM wins by 0.5 points
FXTM wins by 1.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.0/10 ✓ | 8.0/10 ✓ |
| Min Deposit Lower is better | $0 ✓ | $10 |
| Max Leverage | 1:500 | 1:2000 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, Axi Copy Trading App | MT4, MT5, FXTM Trader App |
| Regulation | ASIC, FCA, DFSA | CySEC, FCA, FSA |
| Founded Older track record highlighted | 2007 ✓ | 2011 |
| Markets | 300+ | 600+ ✓ |
Fees & Costs
When it comes to trading costs, Axi has the edge with a score of 8.5/10 versus 8/10 for FXTM. Axi offers spreads starting from 0.0 pips, while FXTM starts from 0.0 pips. The minimum deposit at Axi is $0, compared to $10 at FXTM. 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.
Trading Platforms
FXTM scores 7.5/10 for platforms compared to 7/10 for Axi. Axi provides MT4, Axi Copy Trading App, while FXTM offers MT4, MT5, FXTM Trader App. 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.
Regulation & Safety
Regulation is crucial for fund safety. Axi is regulated by ASIC, FCA, DFSA (Tier 1), while FXTM holds licenses from CySEC, FCA, FSA (Tier 1). Axi scores 9/10 and FXTM scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FXTM leads with 8.5/10 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 FXTM 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.
Customer Support
Axi offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while FXTM provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. 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.
Deposit & Withdrawal
Axi scores 8/10 for deposits and withdrawals, while FXTM scores 8/10. Axi accepts Bank Transfer, Credit Card, Skrill, Neteller, POLi, and FXTM supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Axi requires a minimum deposit of $0 versus $10 for FXTM. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Axi if you...
- You want lower spreads and trading fees
- You prefer a low minimum deposit ($0)
- You prefer Axi's trading environment overall
Choose FXTM if you...
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You prefer FXTM's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Axi better than FXTM?
Axi scores higher overall (8/10 vs 8/10), winning 1 of 8 categories. However, FXTM is stronger in better trading platforms and superior education resources. The best choice depends on what matters most to your trading style.
Which has lower fees, Axi or FXTM?
Axi scores higher for trading costs. Axi offers spreads from 0.0 pips with a $0 minimum deposit, while FXTM starts from 0.0 pips with $10 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. FXTM is regulated by CySEC, FCA, FSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Axi or FXTM?
FXTM scores 7.5/10 for platforms. Axi offers MT4, Axi Copy Trading App, while FXTM provides MT4, MT5, FXTM Trader App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Axi vs FXTM?
Axi requires a minimum deposit of $0, while FXTM requires $10. 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.