XM
Axi
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Axi depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Axi operates from Sydney, Australia. Axi has the longer track record, established in 2007, compared to XM which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XM
Axi
| XM | Axi | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | CySEC, ASIC, FCA ✓ | ASIC, FCA |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).
See full side-by-side comparison belowXM
WinnerAxi
XM
Axi
XM holds licences from ASIC, FCA, CySEC. Axi is regulated by ASIC, FCA.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, Axi is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Axi offers MT4, Proprietary Mobile. Both brokers are available on MT4, Proprietary Mobile.
XM requires a minimum deposit of $5, while Axi sets no minimum deposit. This makes Axi accessible to traders with any budget.
BrokerRank scores XM at 3.92/5 and Axi at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
XM
3.9/5
Choose XM if you want…
Axi
3.6/5
Choose Axi if you want…
XM scores higher overall on our independent rating system. XM 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.
XM offers spreads from 0.6 pips, while Axi starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Axi requires $0.
XM is regulated by CySEC, ASIC, FCA, while Axi holds licences from ASIC, FCA.
XM supports MT4, MT5, 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.