Head to head
Axi vs Errante
Axi is licensed by ASIC in Australia; FCA in the United Kingdom; CySEC in the European Union and DFSA in Dubai (DIFC), UAE. Errante is licensed by CySEC in the European Union, and also has an offshore registration. 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 $0 at Axi and $50 at Errante. Only Errante offers negative balance protection. Both offer segregated client money.
Facts last checked: Axi on 20 October 2026, Errante on 20 October 2026.
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
Comparing
AxiAustralia
ErranteEuropean Union
Overview
Founded
2007
Not yet checked
Headquarters
Sydney, Australia
Mahé, Seychelles (EU company in Cyprus)
Official websites
- axi.com
- axi-solaris.com
- errante.com
- errante.eu
Facts last checked
20 October 2026
20 October 2026
Regulation and protection
Company you would contract with
AxiCorp Financial Services Pty Ltd
Notely Trading Ltd
Regulation level
Strictly regulated
Strictly regulated
Clients this company serves
Australian residents
Residents of EU and EEA countries, through errante.eu
All licences held
- ASIC (Australia)
- FCA (United Kingdom)
- CySEC (European Union)
- DFSA (Dubai (DIFC), UAE)
- CySEC (European Union)
- FSA Seychelles (International)
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the St Vincent company
Investor Compensation Fund (Cyprus) for eligible clients of Notely Trading Ltd; none for clients of the Seychelles company
Costs
Your monthly cost
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
Leverage and margin
1:30 on major pairs (UK, EU, Australia); up to 1:1000 at the St Vincent company
Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients
Retail leverage by asset class
- Major currency pairs (UK: 1:30
- Currency pairs (St Vincent company): up to 1:1000
Not yet checked
Stop-out level
20% (liquidation level, St Vincent company)
20%
Account
Minimum deposit (this account)
No accounts listed
No accounts listed
Platforms and features
Platforms
- Axi Trading Platform
- MetaTrader 4
- MetaTrader 5
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
- Errante client portal app
Markets
Forex, metals, commodities, indices, share CFDs, crypto CFDs and perpetual futures CFDs
50+ currency pairs, metals, energies and commodities, indices, shares and cryptocurrency CFDs
Copy trading
Not yet checked
Yes
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
- Bank wire (SWIFT and SEPA)
- Debit and credit card
- E-wallets
- Cryptocurrency
Withdrawal fee
Free above US$50 or for the full balance; otherwise an administration fee of US$25 may apply (St Vincent company)
Depends on the method. The terms also allow a fee of up to 5% if you withdraw without significant trading or within three months of funding without trading
Inactivity fee
10 a month in USD, EUR, GBP and most other account currencies after 12 months without trading (St Vincent company)
$15 one-off, then $5 a month, after 150 days with no activity (Seychelles terms)
Support
Customer support
Not yet checked
24/7 support by live chat and email (support@errante.com)
Our notes
Strengths
- 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
- EU company Notely Trading Ltd is licensed by CySEC (licence 383/20, checked on the CySEC register)
- Negative balance protection is written into the Seychelles terms, so losses are capped at your account balance
- Client money held separately from company funds, plus a civil liability insurance policy of up to €1,000,000
- Choice of MetaTrader 4, MetaTrader 5, cTrader and TradingView
Watch out for
- 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.
- Clients outside the EU join the Seychelles company, which holds only an offshore licence and offers leverage up to 1:1000
- Minimum deposits and spreads for the Premium, VIP and Tailor Made accounts are not shown on the public account page
- Dormant accounts pay $15 and then $5 a month, and a fee of up to 5% can apply to withdrawals made without trading
Choose at least one broker above to start comparing.
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:
- 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.
- Errante: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
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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.