Plus500
Axi
Plus500 vs Axi
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Plus500 and Axi are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Plus500, founded in 2008 and headquartered in Haifa, Israel, is regulated by FCA, CySEC, ASIC, MAS and offers spreads starting from 0.8 pips with a minimum deposit of $100. Axi, established in 2007 in Sydney, Australia, holds licenses from ASIC, FCA, DFSA with spreads from 0.0 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, Axi scored 8/10 overall compared to Plus500's 7.8/10, making it the stronger pick for most traders. That said, Plus500 holds its own with smoother deposits & withdrawals and wider product range, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Axi scores 8/10 overall vs 7.8/10 for Plus500 — a 0.2-point difference.
- 💵
Axi requires just $0 to start, while Plus500 needs $100 — Axi is 100x more accessible.
- 📈
Plus500 offers 2,800+ instruments vs 300+ at Axi — a massive gap in market coverage.
- 🖥️
Plus500 runs on Plus500 WebTrader, Plus500 App, while Axi uses MT4, Axi Copy Trading App — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Education: Axi scores 7.0 vs 5.5 for Plus500 — a 1.5-point difference.
Our Verdict
Plus500
Score: 7.8/10 · Wins 2 categories- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
- You prefer Plus500's trading environment overall
Axi
Score: 8.0/10 · Wins 4 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Responsive customer support matters to you
- You rely on in-depth research and analysis tools
Axi takes the lead with an overall score of 8/10 compared to 7.8/10, winning in 4 out of 8 scoring categories. Axi stands out for lower trading costs and superior education resources, while Plus500 fights back with smoother deposits & withdrawals and wider product range.
Detailed Verdict
After testing both brokers with real accounts, Axi comes out ahead with a 8/10 overall rating, winning 4 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. Plus500 is not without merit — it scores 7.8/10 overall and excels in Regulation & Trust (9.0/10), winning 2 categories. Traders who value smoother deposits & withdrawals or wider product range may find Plus500 the better fit. For a complete breakdown, read our full Axi review and Plus500 review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Axi wins by 1.0 points
Axi wins by 1.5 points
Axi wins by 0.5 points
Axi wins by 0.5 points
Plus500 wins by 0.5 points
Plus500 wins by 1.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.8/10 | 8.0/10 ✓ |
| Min Deposit Lower is better | $100 | $0 ✓ |
| Max Leverage | 1:300 | 1:500 |
| Spreads From | 0.8 pips | 0.0 pips |
| Platforms | Plus500 WebTrader, Plus500 App | MT4, Axi Copy Trading App |
| Regulation | FCA, CySEC, ASIC, MAS | ASIC, FCA, DFSA |
| Founded Older track record highlighted | 2008 | 2007 ✓ |
| Markets | 2,800+ ✓ | 300+ |
Fees & Costs
When it comes to trading costs, Axi has the edge with a score of 8.5/10 versus 7.5/10 for Plus500. Plus500 offers spreads starting from 0.8 pips, while Axi starts from 0.0 pips. The minimum deposit at Plus500 is $100, compared to $0 at Axi. 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
Plus500 scores 7/10 for platforms compared to 7/10 for Axi. Plus500 provides Plus500 WebTrader, Plus500 App, while Axi offers MT4, Axi Copy Trading 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. Plus500 is regulated by FCA, CySEC, ASIC, MAS (Tier 1), while Axi holds licenses from ASIC, FCA, DFSA (Tier 1). Plus500 scores 9/10 and Axi 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, Axi leads with 7/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Plus500 and Axi 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
Plus500 offers 24/7 Live Chat, Email and scores 7/10, while Axi 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
Plus500 scores 8.5/10 for deposits and withdrawals, while Axi scores 8/10. Plus500 accepts Bank Transfer, Credit Card, PayPal, Skrill, and Axi supports Bank Transfer, Credit Card, Skrill, Neteller, POLi. Processing times, fees, and available currencies vary. Plus500 requires a minimum deposit of $100 versus $0 for Axi. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Plus500 if you...
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
- You prefer Plus500's trading environment overall
Choose Axi if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Responsive customer support matters to you
- You rely on in-depth research and analysis tools
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Plus500 better than Axi?
Axi scores higher overall (8/10 vs 7.8/10), winning 4 of 8 categories. However, Plus500 is stronger in smoother deposits & withdrawals and wider product range. The best choice depends on what matters most to your trading style.
Which has lower fees, Plus500 or Axi?
Axi scores higher for trading costs. Plus500 offers spreads from 0.8 pips with a $100 minimum deposit, while Axi starts from 0.0 pips with $0 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Plus500 safe to trade with?
Plus500 is regulated by FCA, CySEC, ASIC, MAS and scores 9/10 for regulation. Axi is regulated by ASIC, FCA, DFSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Plus500 or Axi?
Plus500 scores 7/10 for platforms. Plus500 offers Plus500 WebTrader, Plus500 App, while Axi provides MT4, Axi Copy Trading App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Plus500 vs Axi?
Plus500 requires a minimum deposit of $100, while Axi requires $0. 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.