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Side-by-Side Comparison Independent Updated Oct 2, 2026

Axi vs FP Markets 2026: Which Broker is Better?

In the realm of online trading, Axi and FP Markets stand out as reputable brokers, each with distinct offerings tailored to different types of traders. Axi, with a rating of 3.62/5, appeals to cost-conscious traders who value zero minimum deposit and competitive spreads starting from 0.0 pips on its Pro account. In contrast, FP Markets, rated 3.84/5, is ideal for traders seeking diverse platform options, including MT5 and TradingView, alongside a slightly higher yet reasonable minimum deposit of $100. While both brokers are regulated by ASIC and offer a broad range of tradable assets, FP Markets edges ahead with a broader platform selection, making it more appealing to those who prioritise advanced charting tools.

Axi

FP Markets

VS
AxiFP Markets
BrokerRank Score3.6/53.8/5 ✓
Min. Deposit$0 ✓$100
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, FCAASIC, CySEC
PlatformsMT4, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
AxiFP Markets
Best for Low Fees
AxiFP Markets
Best for Regulation
AxiFP Markets
Best Overall
FP MarketsAxi
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).

See full side-by-side comparison below

Axi vs FP Markets: Key Differences

Feature

Axi

FP Markets

Our Rating
3.6 / 5
3.8 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Regulated By
Platforms
MT4, Proprietary Mobile
MT4, MT5, TradingView, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2007
2005
Headquarters
Sydney, Australia
Sydney, Australia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Axi

FP Markets

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the comparison between Axi and FP Markets, FP Markets emerges as the superior choice for professional traders due to its broader platform offerings, including MT5 and TradingView, and slightly better rating of 3.84/5. Axi is better suited for beginners, offering a no minimum deposit option and robust copy trading via PsyQuation. When it comes to fees, FP Markets takes the lead with a lower commission rate of $3 per lot, compared to Axi's $3.50, making it more cost-effective for frequent traders.

Who Should Choose Which?

Axi

Axi

3.6/5

Choose Axi if you want…

  • No minimum deposit
FP Markets

FP Markets

3.8/5

Top pick

Choose FP Markets if you want…

  • Higher overall rating (3.8/5)
  • More established (est. 2005)
  • More platforms (4 supported)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Axi & FP Markets are available in

Frequently Asked Questions

1

Is Axi better than FP Markets?

FP Markets scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs FP Markets's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Axi or FP Markets?

Axi offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Axi vs FP Markets?

Axi requires a minimum deposit of $0. FP Markets requires $100.

4

Which broker is safer, Axi or FP Markets?

Axi is regulated by ASIC, FCA, while FP Markets holds licences from ASIC, CySEC.

5

What trading platforms do Axi and FP Markets support?

Axi supports MT4, Proprietary Mobile. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Axi and FP Markets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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