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

FP Markets vs Axi 2026: Which Broker is Better?

Choosing between FP Markets and Axi depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia. FP Markets has the longer track record, established in 2005, 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.

FP Markets

Axi

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsAxi
BrokerRank Score3.8/5 ✓3.6/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, CySECASIC, FCA
PlatformsMT4, MT5, TradingViewMT4, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
AxiFP Markets
Best for Low Fees
FP MarketsAxi
Best for Regulation
FP MarketsAxi
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, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs Axi: Key Differences

Feature

FP Markets

Axi

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

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Fees Comparison

Fee

FP Markets

Lower fees

Axi

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

Regulation & Trust

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

Markets & Assets

Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.

Trading Platforms

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Axi offers MT4, Proprietary Mobile. Both brokers are available on MT4, Proprietary Mobile.

Minimum Deposit

FP Markets requires a minimum deposit of $100, while Axi sets no minimum deposit. This makes Axi accessible to traders with any budget.

Overall Ratings

BrokerRank scores FP Markets at 3.84/5 and Axi at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.

BrokerRank Verdict

FP Markets is our recommended pick in this comparison, scoring 3.84/5 versus Axi's 3.62/5. Axi offers comparable regulatory coverage. Traders with smaller budgets may find Axi's lower minimum deposit of $0 more accessible. Axi is still a solid option for beginners starting with a smaller initial capital, but FP Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

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)
Axi

Axi

3.6/5

Choose Axi if you want…

  • No minimum deposit

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80% of retail CFD accounts lose money.

Both FP Markets & Axi are available in

Frequently Asked Questions

1

Is FP Markets better than Axi?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 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.

2

Which has lower fees, FP Markets or Axi?

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

3

What is the minimum deposit for FP Markets vs Axi?

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

4

Which broker is safer, FP Markets or Axi?

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

5

What trading platforms do FP Markets and Axi support?

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

6

Can I use both FP Markets and Axi?

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

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