BlackBull Markets
Axi
VS
Higher Rated
BlackBull Markets
Capital at risk · T&Cs apply
Choosing between BlackBull Markets and Axi depends on your trading style, preferred markets, and budget. BlackBull Markets is headquartered in Auckland, New Zealand, while Axi operates from Sydney, Australia. Axi has the longer track record, established in 2007, compared to BlackBull Markets which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
BlackBull Markets
Axi
| BlackBull Markets | Axi | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | ASIC, FCA |
| Platforms | MT4, MT5, TradingView | MT4, Proprietary Mobile |
BlackBull Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, BlackBull Markets offers lower spreads (0 pips).
See full side-by-side comparison belowBlackBull Markets
WinnerAxi
BlackBull Markets
Lower feesAxi
BlackBull Markets holds licences from FCA, ASIC. Axi is regulated by ASIC, FCA.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile. Axi offers MT4, Proprietary Mobile. Both brokers are available on MT4, Proprietary Mobile.
BlackBull Markets requires no minimum deposit, while Axi sets no minimum deposit. This makes BlackBull Markets accessible to traders with any budget.
BrokerRank scores BlackBull Markets at 3.93/5 and Axi at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. BlackBull Markets leads overall with a clear advantage.
BlackBull Markets
3.9/5
Choose BlackBull Markets if you want…
Axi
3.6/5
Choose Axi if you want…
BlackBull Markets scores higher overall on our independent rating system. BlackBull Markets holds a 3.9/5 rating vs Axi's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
BlackBull Markets offers spreads from 0 pips, while Axi starts at 0 pips. Check the fees section above for a full breakdown.
BlackBull Markets requires a minimum deposit of $0. Axi requires $0.
BlackBull Markets is regulated by FCA, ASIC, while Axi holds licences from ASIC, FCA.
BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile. Axi supports MT4, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.