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CMC Markets vs Axi

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

CM
CMC Markets
Est. 1989 · London, UK
8.9
VS
A
Axi
Est. 2007 · Sydney, Australia
8.4

Quick Verdict

CMC Markets
5 categories won
Tied
1 categories
Axi
1 categories won

CMC Markets scores higher overall at 8.9/10 vs 8.4/10.

Score Comparison

OverallCMC Markets wins
CMC Markets8.9
Axi8.4
Fees & CostsAxi wins
CMC Markets8.5
Axi9.2
PlatformsCMC Markets wins
CMC Markets9.2
Axi8.0
RegulationCMC Markets wins
CMC Markets9.5
Axi8.8
ExecutionTie
CMC Markets8.8
Axi8.8
SupportCMC Markets wins
CMC Markets8.3
Axi8.0
EducationCMC Markets wins
CMC Markets8.7
Axi7.5
InstrumentsCMC Markets wins
CMC Markets9.5
Axi7.8

Trading Conditions

ConditionCMC MarketsAxi
Min DepositNoneNone
EUR/USD Spread0.7 pips average0.0 pips (Pro), 1.0 pips (Standard)
CommissionNone (spread-only)$3.50 per lot per side (Pro), None (Standard)
Leverage (Retail)30:130:1
Leverage (Pro)500:1500:1
Swap-FreeNoYes
Withdrawal FeeFreeFree

Platform Comparison

CMC Markets Platforms

  • Next Generation Platform
  • MetaTrader 4
Account Types:

CFD, Spread Betting (UK), Stockbroking

Axi Platforms

  • MetaTrader 4
  • Axi Copy Trading App
Account Types:

Standard, Pro, Elite

Regulation & Safety

CMC Markets Regulation

BaFinGermanyFCAUKASICAustralia
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000

Axi Regulation

FCAUKASICAustraliaDFSADubai
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

FSCS up to GBP 85,000 (UK entity)

Overall Verdict

WinnerCMC Markets8.9

CMC Markets takes the overall win with a score of 8.9 vs 8.4, winning 5 out of 7 individual categories compared to Axi's 1.

In terms of costs, though Axi edges ahead on fees. On the regulatory front, CMC Markets and offers stronger regulatory protection.

Choose CMC Markets if you prioritise its strengths in the categories where it leads. Choose Axi if you value the specific areas where it scores higher, such as fees & costs.

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.