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FP Markets vs Axi

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

FM
FP Markets
Est. 2005 · Sydney, Australia
8.7
VS
A
Axi
Est. 2007 · Sydney, Australia
8.4

Quick Verdict

FP Markets
4 categories won
Tied
2 categories
Axi
1 categories won

FP Markets scores higher overall at 8.7/10 vs 8.4/10.

Score Comparison

OverallFP Markets wins
FP Markets8.7
Axi8.4
Fees & CostsTie
FP Markets9.2
Axi9.2
PlatformsFP Markets wins
FP Markets8.8
Axi8.0
RegulationAxi wins
FP Markets8.5
Axi8.8
ExecutionFP Markets wins
FP Markets9.0
Axi8.8
SupportFP Markets wins
FP Markets8.5
Axi8.0
EducationTie
FP Markets7.5
Axi7.5
InstrumentsFP Markets wins
FP Markets8.5
Axi7.8

Trading Conditions

ConditionFP MarketsAxi
Min Deposit$50None
EUR/USD Spread0.0 pips (Raw), 1.0 pips (Standard)0.0 pips (Pro), 1.0 pips (Standard)
Commission$3.00 per lot per side (Raw), None (Standard)$3.50 per lot per side (Pro), None (Standard)
Leverage (Retail)30:130:1
Leverage (Pro)500:1500:1
Swap-FreeYesYes
Withdrawal FeeFreeFree

Platform Comparison

FP Markets Platforms

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

Standard, Raw

Axi Platforms

  • MetaTrader 4
  • Axi Copy Trading App
Account Types:

Standard, Pro, Elite

Regulation & Safety

FP Markets Regulation

CySECCyprusASICAustralia
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

WinnerFP Markets8.7

FP Markets takes the overall win with a score of 8.7 vs 8.4, winning 4 out of 7 individual categories compared to Axi's 1.

In terms of costs, both brokers are evenly matched on fees. On the regulatory front, FP Markets though Axi has a regulatory edge.

Choose FP 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 regulation.

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.