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

Broker Name

FXCM

FXCM

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

1999

2007

Customer Base / Number of Accounts

No information

60,000+ traders


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Regulation & Security

Regulations (governing bodies)

FCA, CySEC, ASIC, FSCA, ISA

ASIC DFSA FSA

Awards Won (count for the last 2 years)

Best In Class 2024 - ForexBrokers.com

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)

10,000+ trading instruments shares

220 + CFDs IPOs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

No

Stocks

No

Yes

Options

No

No

Futures

No

No

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

No

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.)

Trading station, Trading View Pro

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, Active trading, Spread betting, Professional

Standard Account Pro Account Elite Account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$50

$0

Leverage Available

30:1 to 1000:1

200:1- 500:1

Trade Limit (maximum per trade)

50 million per trade

100 orders per day maximum

Commission (per account type)

$ 4 / lot

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

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

Active and experienced traders

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Debit/Credit Card Via mobile app, Bank wire, China online payment, Crypto

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

Withdrawal Methods

Debit/Credit Card, Bank Wire, Local Bank Transfer, and Online Bank Transfer.

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

Other E-Wallets Supported

Skrill, Neteller, Google pay, Apple pay

Skrill Neteller Paypal


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Education, Trading Guides, Trading Tools, Research

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

Spread- 1.3 pips

Commission- 0% on share CFD trades

Spread (typical, fixed, variable)

Typical

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

NA

NA

Maximum Leverage

1000:1

1:1000


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Non-Trading Fees

Dormant Fees

$50

Inactivity fees varies for no activity more than 12 months

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

$30

$0

Swap Fees (Overnight Financing)

No

Yes

Statement or Document Fee

NA

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

$25

$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

$0

NA

Withdrawal Fee

$0

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 product

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)

WhatsApp: +44 7537 432259 (message only), Email: [email protected], Live chat, Request a call

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

Support Languages

7

13+


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Additional Information

Headquarters Location

London, United Kingdom

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.
While FXCM maintains low trading fees with no minimum deposit, Axi includes some charges for premium features and certain asset trades, making FXCM the better option for budget-focused traders.
FXCM uses a digital-first onboarding approach with clear instructions and fast ID verification. Axi goes a step further with manual checks and optional account tiers, ideal for serious professionals.
FXCM platform is great for fast-paced day trading, especially with features like one-click trading. Axi platform, by comparison, is built for strategy testing and long-term portfolio management.
If you're after professional-grade platforms, FXCM may be ideal. For casual investors, Axi offers a low-barrier entry.