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City Index vs Axi : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

City Index

City Index

VS
Axi

Axi

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

STP

Years of Existence / Established Year

1983

2007

Customer Base / Number of Accounts

1M + active customers

60,000+ traders


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Regulation & Security

Regulations (governing bodies)

CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC

ASIC DFSA FSA

Awards Won (count for the last 2 years)

Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall

No major awards listed

Security Measures

FSCS

None

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,500+ assets types including Shares

220 + CFDs IPOs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

No

Stocks

No

Yes

Options

Yes

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

No

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

Axi Trading Platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, MT4, Corporate account

Standard Account Pro Account Elite Account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

€100

$0

Leverage Available

30:1

200:1- 500:1

Trade Limit (maximum per trade)

Depends on the assets class

100 orders per day maximum

Commission (per account type)

€0

Standard account - $0 Pro account - $7 round trip Elite account - $3.5 round trip

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, credit card, debit card, e-wallets

International bank transfers Debit & credit cards (Mastercard, visa) Internet / local banking Paypal (in specific regions)

Withdrawal Methods

Bank transfer, credit card, debit card, e-wallets

Bank transfer Local banking E wallet Crypto payments Credit / Debit cards

Other E-Wallets Supported

Paypal

Skrill Neteller Paypal


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts

Autochartist Trading Central MT4 Forex VPS Hosting Trading news & guides Trading calculators Trade on Economic Calendar guides


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Fees & Commissions

Trading-Related Fees

UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)

Commission- 0% on share CFD trades

Spread (typical, fixed, variable)

Fixed and variable spreads

Variable

Per Lot Fees

NA

$3.5 per lot

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

$0

NA

Maximum Leverage

30:1

1:1000


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Non-Trading Fees

Dormant Fees

$15 monthly fee after 24 months of inactivity

Inactivity fees varies for no activity more than 12 months

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

$0

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

Credit/ debit card- 2%, others - €0

Bank transfers - No fees Card payments - 3.0% (for more than $50,000) Other methods - 3.0% (for more than $50,000)

Currency Conversion Fee

Varies by instrument

NA

Withdrawal Fee

Bank fees may apply

Free above $50. Or administration fee of $25 apply.


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Trading forex & CFDs follows MT4 server time (GMT+2) Monday 00:01 to Friday 23:59


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24 hours (Tuesday to Friday) On Mondays, service commence at 9am AEST

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: 0800 060 8609, Live chat

Help Center Live chat Email: mailto:[email protected] Toll-free: UK - 0800 018 3306 Australia - 1300 888 936 Germany - 0800 7244085

Support Languages

6

13+


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Additional Information

Headquarters Location

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Admiral Markets is known for competitive pricing on basic trades, especially for beginners. However, Axi fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
While Admiral Markets prioritizes fast registration with minimal steps, Axi focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
Admiral Markets integrates well with algorithmic trading tools and third-party plugins. In contrast, Axi emphasizes educational content and built-in research features within its platform.
Admiral Markets is geared toward frequent trading and analytics, while Axi fits those who value simplicity and guided experiences.