Axi
IC Markets
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
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
WinnerIC Markets
Axi
IC Markets
IC Markets
3.9/5
Choose IC Markets if you want…
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.
Axi offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
Axi requires a minimum deposit of $0. IC Markets requires $200.
Axi is regulated by ASIC, FCA, while IC Markets holds licences from ASIC, CySEC.
Axi supports MT4, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.