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Head to head

Admirals (Admiral Markets) vs Axi

Admirals (Admiral Markets) is licensed by FCA in the United Kingdom, CySEC in the European Union and CMA in Kenya, and also has an offshore registration. Axi is licensed by ASIC in Australia; FCA in the United Kingdom; CySEC in the European Union and DFSA in Dubai (DIFC), UAE. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $25 at Admirals (Admiral Markets) and $0 at Axi. Only Admirals (Admiral Markets) offers negative balance protection. Both offer segregated client money.

Facts last checked: Admirals (Admiral Markets) on 20 October 2026, Axi on 20 October 2026.

Admirals (Admiral Markets) profileAxi profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
Admirals (Admiral Markets)Strictly regulatedRead the profile
AxiStrictly regulatedRead the profile
Comparing
Admirals (Admiral Markets)United Kingdom
AxiAustralia

Overview

Founded
Not yet checked
2007
Headquarters
Tallinn, Estonia (Admirals Group AS)
Sydney, Australia
Official websites
  • admiralmarkets.com
  • admirals.com
  • admiralmarkets.com.cy
  • axi.com
  • axi-solaris.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Admiral Markets UK Ltd
AxiCorp Financial Services Pty Ltd
Regulator
FCA
United Kingdom
ASIC
Australia
Regulation level
Strictly regulated
Strictly regulated
Licence number
595450
Check the register
AFSL 318232
Check the register
Clients this company serves
UK residents
Australian residents
All licences held
  • FCA (United Kingdom)
  • CySEC (European Union)
  • CMA (Kenya)
  • FSA Seychelles (Seychelles)
  • ASIC (Australia)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • DFSA (Dubai (DIFC), UAE)
Segregated client money
Yes
Yes
Negative balance protection
Yes
No
Compensation scheme
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the Seychelles company
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the St Vincent company

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
1:30 on major pairs (UK, EU); up to 1:1000 at the Seychelles company
1:30 on major pairs (UK, EU, Australia); up to 1:1000 at the St Vincent company
Retail leverage by asset class
  • Currency pairs (Seychelles company): up to 1:1000
  • Indices (Seychelles company): up to 1:500
  • Major currency pairs (UK and EU companies): 1:30
  • Major currency pairs (UK: 1:30
  • Currency pairs (St Vincent company): up to 1:1000
Margin call level
Not yet checked
Not yet checked
Stop-out level
30% (Seychelles company)
20% (liquidation level, St Vincent company)

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader WebTrader
  • Admirals Platform
  • Admirals Mobile App
  • StereoTrader
  • Axi Trading Platform
  • MetaTrader 4
  • MetaTrader 5
Markets
80 currency pairs, metal, energy, index, stock, ETF and crypto CFDs, plus real stocks and ETFs on Invest.MT5
Forex, metals, commodities, indices, share CFDs, crypto CFDs and perpetual futures CFDs
Demo account
Yes
Yes
Copy trading
Not yet checked
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Debit or credit card
  • Skrill
  • Neteller
  • Crypto
  • Bank transfer
  • Debit or credit card
Withdrawal fee
One free withdrawal a month per payment method, then a fee by method (2% or 3% at the Seychelles company)
Free above US$50 or for the full balance; otherwise an administration fee of US$25 may apply (St Vincent company)
Inactivity fee
10 EUR a month after 24 months without trades (only on a positive balance)
10 a month in USD, EUR, GBP and most other account currencies after 12 months without trading (St Vincent company)

Support

Customer support
Not yet checked
Not yet checked

Our notes

Strengths
  • UK and EU companies licensed by the FCA and CySEC, with client money in segregated accounts
  • Low minimum deposit (25 USD or EUR on Trade.MT5 and Zero.MT5, 1 USD or EUR on Invest.MT5)
  • Fees and charges page lists the inactivity, withdrawal and transfer fees in one place
  • Licensed by ASIC, the FCA and CySEC, all strict regulators
  • Published commissions per currency on the Premium account (for example $4.50 or €4.00 per standard contract)
  • Bank transfers and payments under US$50,000 a month are free to deposit
Watch out for
  • International clients join Admirals SC Ltd, licensed only in the Seychelles (offshore tier), with leverage up to 1:1000
  • Says Admirals SA (Pty) Ltd is licensed by the FSCA; the FSCA's OTC derivative provider list shows it as Withdrawn, and we could not reach the FSCA FSP register on 2026-10-20 to check its FSP licence.
  • The group also names companies in Jordan, Canada and the UAE; we did not confirm those licences on 2026-10-20.
  • Only one free withdrawal a month per payment method; after 24 months without trades a 10 EUR monthly fee applies
  • International clients join AxiTrader LLC, a St Vincent and the Grenadines company (4303 LLC 2025) that is registered, not licensed; its risk warning says you can lose substantially more than your initial investment.
  • Axi publishes minimum spreads only, not typical spreads
  • The St Vincent company charges a monthly inactivity fee after 12 months and may charge US$25 for withdrawals under US$50
  • The FSCA's OTC derivative provider list shows AxiCorp Financial Services Pty Ltd's application as Withdrawn, so Axi has no South African licence we could confirm.

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Admirals (Admiral Markets): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
  • Axi: Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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