Axi vs IC Markets 2026: Which Broker is Better?
In the competitive world of online trading, Axi and IC Markets stand out as prominent brokers, both headquartered in Sydney, Australia, and established in 2007. Axi appeals to traders seeking flexibility with no minimum deposit and a focus on copy trading through PsyQuation, although it lacks MT5 and TradingView platforms. Conversely, IC Markets caters to traders who prioritise ultra-low spreads and fast execution speeds, supported by a broader range of platforms including MT5 and TradingView, albeit with a $200 minimum deposit requirement. Both brokers offer robust regulation under ASIC, but IC Markets holds an edge with additional regulation by CySEC.
Axi
IC Markets
| Axi | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, FCA | ASIC, CySEC |
| Platforms | MT4, Proprietary Mobile | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).
See full side-by-side comparison belowAxi vs IC Markets: Key Differences
Axi
WinnerIC Markets
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Fees Comparison
Axi
IC Markets
BrokerRank Verdict
Who Should Choose Which?
IC Markets
3.9/5
Choose IC Markets if you want…
- Higher overall rating (3.9/5)
- More platforms (4 supported)
Also consider
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Both Axi & IC Markets are available in
Frequently Asked Questions
1Is Axi better than IC Markets?
IC Markets scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs IC Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Axi or IC Markets?
Axi offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Axi vs IC Markets?
Axi requires a minimum deposit of $0. IC Markets requires $200.
4Which broker is safer, Axi or IC Markets?
Axi is regulated by ASIC, FCA, while IC Markets holds licences from ASIC, CySEC.
5What trading platforms do Axi and IC Markets support?
Axi supports MT4, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both Axi and IC 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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