Saxo Bank
Axi
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
Choosing between Saxo Bank and Axi depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while Axi operates from Sydney, Australia. Saxo Bank has the longer track record, established in 1992, 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.
Saxo Bank
Axi
| Saxo Bank | Axi | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $2000 | $0 ✓ |
| Spread from | 0.4 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, MAS, ASIC ✓ | ASIC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, Proprietary Mobile |
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).
See full side-by-side comparison belowSaxo Bank
WinnerAxi
Saxo Bank
Axi
Saxo Bank holds licences from FCA, MAS, ASIC. Axi is regulated by ASIC, FCA.
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
On spreads, Axi is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.4 pips at Saxo Bank.
Saxo Bank supports Proprietary Web, Proprietary Mobile. Axi offers MT4, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Saxo Bank requires a minimum deposit of $2,000, while Axi sets no minimum deposit. This makes Axi accessible to traders with any budget.
BrokerRank scores Saxo Bank at 4.00/5 and Axi at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a clear advantage.
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
Axi
3.6/5
Choose Axi if you want…
Saxo Bank scores higher overall on our independent rating system. Saxo Bank holds a 4.0/5 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.
Saxo Bank offers spreads from 0.4 pips, while Axi starts at 0 pips. Check the fees section above for a full breakdown.
Saxo Bank requires a minimum deposit of $2000. Axi requires $0.
Saxo Bank is regulated by FCA, MAS, ASIC, while Axi holds licences from ASIC, FCA.
Saxo Bank supports Proprietary Web, 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.