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

Axi vs mBank 2026: Which Broker is Better?

Choosing between Axi and mBank depends on your trading style, preferred markets, and budget. Axi is headquartered in Sydney, Australia, while mBank operates from Warsaw, Poland. mBank has the longer track record, established in 2000, compared to Axi which was founded in 2007. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Axi

mBank

VS
AximBank
BrokerRank Score3.6/5 ✓3.4/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:500 ✓1:5
RegulationASIC, FCA ✓KNF
PlatformsMT4, Proprietary MobileProprietary Web, Proprietary Mobile, mBank Trader
Quick VerdictBrokerRank recommends
Best for Beginners
AximBank
Best for Low Fees
AximBank
Best for Regulation
AximBank
Best Overall
AximBank
Quick Answer

Axi is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).

See full side-by-side comparison below

Axi vs mBank: Key Differences

Feature

Axi

Winner

mBank

Our Rating
3.6 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.19/lot
Regulated By
KNF
Platforms
MT4, Proprietary Mobile
Proprietary Web, Proprietary Mobile, mBank Trader
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Etf, Cfd, Indices, Forex
Founded
2007
2000
Headquarters
Sydney, Australia
Warsaw, Poland
Score
2 / 3
1 / 3

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Fees Comparison

Fee

Axi

mBank

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.19/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Axi holds licences from ASIC, FCA. mBank is regulated by KNF.

Markets & Assets

Both brokers offer access to Forex, Cfd, Stocks, Indices markets. Axi additionally covers Commodities. mBank adds Etf.

Trading Platforms

Axi supports MT4, Proprietary Mobile. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Mobile.

Minimum Deposit

Axi requires no minimum deposit, while mBank sets no minimum deposit. This makes Axi accessible to traders with any budget.

Overall Ratings

BrokerRank scores Axi at 3.62/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Axi leads overall with a clear advantage.

BrokerRank Verdict

Axi is our recommended pick in this comparison, scoring 3.62/5 versus mBank's 3.27/5. Axi holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. mBank is still a solid option for traders who prefer mBank's specific platform or market selection, but Axi offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Axi

Axi

3.6/5

Top pick

Choose Axi if you want…

  • Higher overall rating (3.6/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
  • More market types (6)
mBank

mBank

3.4/5

Choose mBank if you want…

  • More established (est. 2000)
  • More platforms (3 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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80% of retail CFD accounts lose money.

Both Axi & mBank are available in

Frequently Asked Questions

1

Is Axi better than mBank?

Axi scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs mBank's 3.4/5. 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 mBank?

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

3

What is the minimum deposit for Axi vs mBank?

Axi requires a minimum deposit of $0. mBank requires $0.

4

Which broker is safer, Axi or mBank?

Axi is regulated by ASIC, FCA, while mBank holds licences from KNF.

5

What trading platforms do Axi and mBank support?

Axi supports MT4, Proprietary Mobile. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.

6

Can I use both Axi and mBank?

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

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