FX-Brokers.eu
Menu

Axi vs BlackBull Markets

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

A
Axi
Est. 2007 · Sydney, Australia
8.4
VS
BM
BlackBull Markets
Est. 2014 · Auckland, New Zealand
8.3

Quick Verdict

Axi
3 categories won
Tied
1 categories
BlackBull Markets
3 categories won

Axi scores higher overall at 8.4/10 vs 8.3/10.

Score Comparison

OverallAxi wins
Axi8.4
BlackBull Markets8.3
Fees & CostsAxi wins
Axi9.2
BlackBull Markets9.0
PlatformsBlackBull Markets wins
Axi8.0
BlackBull Markets8.8
RegulationAxi wins
Axi8.8
BlackBull Markets7.8
ExecutionBlackBull Markets wins
Axi8.8
BlackBull Markets9.2
SupportTie
Axi8.0
BlackBull Markets8.0
EducationAxi wins
Axi7.5
BlackBull Markets7.0
InstrumentsBlackBull Markets wins
Axi7.8
BlackBull Markets8.5

Trading Conditions

ConditionAxiBlackBull Markets
Min DepositNoneNone
EUR/USD Spread0.0 pips (Pro), 1.0 pips (Standard)0.0 pips (ECN Prime), 0.8 pips (Standard)
Commission$3.50 per lot per side (Pro), None (Standard)$3.00 per lot per side (ECN Prime), None (Standard)
Leverage (Retail)30:130:1
Leverage (Pro)500:1500:1
Swap-FreeYesYes
Withdrawal FeeFreeFree

Platform Comparison

Axi Platforms

  • MetaTrader 4
  • Axi Copy Trading App
Account Types:

Standard, Pro, Elite

BlackBull Markets Platforms

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
Account Types:

Standard, ECN Prime, ECN Institutional

Regulation & Safety

Axi Regulation

FCAUKASICAustraliaDFSADubai
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

FSCS up to GBP 85,000 (UK entity)

BlackBull Markets Regulation

FMANew ZealandFSASeychelles
ESMA CompliantNo
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

No EU compensation scheme (NZ-regulated)

Overall Verdict

WinnerAxi8.4

Axi takes the overall win with a score of 8.4 vs 8.3, winning 3 out of 7 individual categories compared to BlackBull Markets's 3.

In terms of costs, Axi also leads on fees. On the regulatory front, Axi and offers stronger regulatory protection.

Choose Axi if you prioritise its strengths in the categories where it leads. Choose BlackBull Markets if you value the specific areas where it scores higher, such as platforms, execution, and more.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.