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FP Markets vs Axi : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
FP Markets
Axi
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
STP
Years of Existence / Established Year
2005
2007
Customer Base / Number of Accounts
No information
60,000+ traders
Regulation & Security
Regulations (governing bodies)
ASIC, CySEC, FSCA, FSA, SVG
ASIC DFSA FSA
Awards Won (count for the last 2 years)
Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.
No major awards listed
Security Measures
No
None
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
10,000+ trading instruments
220 + CFDs IPOs
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
No
Stocks
No
Yes
Options
No
No
Futures
No
No
Bonds
Yes
No
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
No
cTrader
Yes
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
No
Axi Trading Platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account
Standard Account Pro Account Elite Account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
Yes
Minimum Deposit
$100
$0
Leverage Available
500:1
200:1- 500:1
Trade Limit (maximum per trade)
Depends on the asset type
100 orders per day maximum
Commission (per account type)
$3
Standard account - $0 Pro account - $7 round trip Elite account - $3.5 round trip
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker
International bank transfers Debit & credit cards (Mastercard, visa) Internet / local banking Paypal (in specific regions)
Withdrawal Methods
Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker
Bank transfer Local banking E wallet Crypto payments Credit / Debit cards
Other E-Wallets Supported
Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer
Skrill Neteller Paypal
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary
Autochartist Trading Central MT4 Forex VPS Hosting Trading news & guides Trading calculators Trade on Economic Calendar guides
Fees & Commissions
Trading-Related Fees
Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread
Commission- 0% on share CFD trades
Spread (typical, fixed, variable)
Typical
Variable
Per Lot Fees
$2
$3.5 per lot
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
500:1
1:1000
Non-Trading Fees
Dormant Fees
$0
Inactivity fees varies for no activity more than 12 months
Subscription Fees (for premium features, data feeds)
$0
$0
Advisory Fees
$70
$0
Swap Fees (Overnight Financing)
Long- $5.79, short- $2.59
Yes
Statement or Document Fee
NA
$0
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
$0
Deposit Fee
$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
Starts from 0.06 to 0.30 %
NA
Withdrawal Fee
Upto $50
Free above $50. Or administration fee of $25 apply.
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the instrument offer
Trading forex & CFDs follows MT4 server time (GMT+2) Monday 00:01 to Friday 23:59
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24 hours (Tuesday to Friday) On Mondays, service commence at 9am AEST
Customer Support Methods (phone, email, live chat)
Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], 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
12+
13+
Additional Information
Headquarters Location
Sydney,Australia
Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines
Complaints (for crypto brokers)
No
No
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