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

IC Markets vs Axi 2026: Which Broker is Better?

Choosing between IC Markets and Axi depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia. IC Markets has the longer track record, established in 2007, 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.

IC Markets

Axi

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsAxi
BrokerRank Score3.9/5 ✓3.6/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, CySECASIC, FCA
PlatformsMT4, MT5, TradingViewMT4, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
AxiIC Markets
Best for Low Fees
IC MarketsAxi
Best for Regulation
IC MarketsAxi
Best Overall
IC MarketsAxi
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

IC Markets vs Axi: Key Differences

Feature

IC Markets

Axi

Winner
Our Rating
3.9 / 5
3.6 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3.5/lot
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2007
2007
Headquarters
Sydney, Australia
Sydney, Australia
Score
1 / 3
2 / 3

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Fees Comparison

Fee

IC Markets

Axi

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

Regulation & Trust

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

Markets & Assets

Both brokers offer access to Forex, Cfd, Stocks, Indices markets. IC Markets additionally covers Crypto. Axi adds Commodities.

Trading Platforms

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

Minimum Deposit

IC Markets requires a minimum deposit of $200, while Axi sets no minimum deposit. This makes Axi accessible to traders with any budget.

Overall Ratings

BrokerRank scores IC Markets at 3.87/5 and Axi at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.

BrokerRank Verdict

IC Markets is our recommended pick in this comparison, scoring 3.87/5 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 IC Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

IC Markets

IC Markets

3.9/5

Top pick

Choose IC Markets if you want…

  • Higher overall rating (3.9/5)
  • 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 IC Markets & Axi are available in

Frequently Asked Questions

1

Is IC Markets better than Axi?

IC Markets scores higher overall on our independent rating system. IC 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.

2

Which has lower fees, IC Markets or Axi?

IC 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 IC Markets vs Axi?

IC Markets requires a minimum deposit of $200. Axi requires $0.

4

Which broker is safer, IC Markets or Axi?

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

5

What trading platforms do IC Markets and Axi support?

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

6

Can I use both IC 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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