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FxOpen
Capital at risk · T&Cs apply
Choosing between FxOpen and Axi depends on your trading style, preferred markets, and budget. FxOpen is headquartered in London, UK, while Axi operates from Sydney, Australia. FxOpen 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.
FxOpen
Axi
| FxOpen | Axi | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.6/5 |
| Min. Deposit | $1 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | ASIC, FCA |
| Platforms | MT4, MT5, cTrader | MT4, Proprietary Mobile |
FxOpen (3.7/5) and Axi (3.6/5) are closely matched. FxOpen has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowFxOpen
Axi
FxOpen
Lower feesAxi
FxOpen holds licences from FCA, ASIC. Axi is regulated by ASIC, FCA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. FxOpen additionally covers Crypto. Axi adds Stocks.
FxOpen supports MT4, MT5, cTrader. Axi offers MT4, Proprietary Mobile. Both brokers are available on MT4.
FxOpen requires a minimum deposit of $1, while Axi sets no minimum deposit. This makes Axi accessible to traders with any budget.
BrokerRank scores FxOpen at 3.66/5 and Axi at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxOpen leads overall with a marginal advantage.
FxOpen
3.7/5
Choose FxOpen if you want…
Axi
3.6/5
Choose Axi if you want…
FxOpen (3.7/5) and Axi (3.6/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
FxOpen offers spreads from 0 pips, while Axi starts at 0 pips. Check the fees section above for a full breakdown.
FxOpen requires a minimum deposit of $1. Axi requires $0.
FxOpen is regulated by FCA, ASIC, while Axi holds licences from ASIC, FCA.
FxOpen supports MT4, MT5, cTrader. 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.