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Head to head

Axi vs FIBO Group

Axi is licensed by ASIC in Australia; FCA in the United Kingdom; CySEC in the European Union and DFSA in Dubai (DIFC), UAE. FIBO Group holds only an offshore registration (British Virgin Islands). 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 $0 at FIBO Group. Neither offers negative balance protection. Only Axi offers segregated client money.

Facts last checked: Axi on 20 October 2026, FIBO Group on 20 October 2026.

Axi profileFIBO Group 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
AxiStrictly regulatedRead the profile
FIBO GroupOffshore registration onlyRead the profile
Comparing
AxiAustralia
FIBO GroupBritish Virgin Islands

Overview

Founded
2007
Not yet checked
Headquarters
Sydney, Australia
Road Town, Tortola, British Virgin Islands
Official websites
  • axi.com
  • axi-solaris.com
  • fibogroup.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
AxiCorp Financial Services Pty Ltd
FIBO Group, Ltd.
Regulator
ASIC
Australia
FSC BVI
British Virgin Islands
Regulation level
Strictly regulated
Offshore registration only
Licence number
AFSL 318232
Check the register
Investment Business Licence SIBA/L/13/1063
Check the register
Clients this company serves
Australian residents
All clients of fibogroup.com (not available to residents of the UK, US or North Korea)
All licences held
  • ASIC (Australia)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • DFSA (Dubai (DIFC), UAE)
  • FSC BVI (British Virgin Islands)
Segregated client money
Yes
No
Negative balance protection
No
No
Compensation scheme
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the St Vincent company
None

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, Australia); up to 1:1000 at the St Vincent company
Up to 1:400 on standard accounts; up to 1:3000 and 1:5000 on cent accounts
Retail leverage by asset class
  • Major currency pairs (UK: 1:30
  • Currency pairs (St Vincent company): up to 1:1000
Not yet checked
Margin call level
Not yet checked
Not yet checked
Stop-out level
20% (liquidation level, St Vincent company)
20% (MT4 Cent, MT4 Fixed, cTrader NDD, cTrader Zero Spread); 50% (MT4 NDD, MT4 NDD No Commission, MT5 NDD, MT5 Cent)

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
  • Axi Trading Platform
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • MT4 WebTerminal
Markets
Forex, metals, commodities, indices, share CFDs, crypto CFDs and perpetual futures CFDs
Up to 43 currency pairs, metals, CFDs, 13 cryptocurrencies and 50 US shares, depending on the account
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
  • Bank transfer
  • Visa and Mastercard
  • E-wallets
Withdrawal fee
Free above US$50 or for the full balance; otherwise an administration fee of US$25 may apply (St Vincent company)
Not yet checked
Inactivity fee
10 a month in USD, EUR, GBP and most other account currencies after 12 months without trading (St Vincent company)
Up to $5 a month on accounts with no trade for 91 days, if FIBO introduces the fee

Support

Customer support
Not yet checked
Phone (+44 845 09-50-118) and call-back requests

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
  • FIBO Group, Ltd. is listed by the BVI FSC as a currently regulated investment business (dealing as agent and principal, arranging deals)
  • Wide choice of platforms and accounts, including cent accounts that open from 1 cent
  • Spreads from 0 pips on NDD accounts with commission charged as a percentage of trade value
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.
  • The BVI licence is offshore and there is no compensation scheme
  • We found no negative balance protection or client money segregation commitment in the customer agreement; it lets FIBO cover a negative balance from your other accounts
  • Leverage up to 1:5000 on the MT5 Cent account
  • FIBO's former Cyprus company no longer appears on CySEC's list of investment firms; EU clients have no EU-licensed FIBO company

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.
  • FIBO Group: Forex trading involves significant risk, including the potential loss of all invested funds. It may not be suitable for everyone. Please assess your risk tolerance carefully.

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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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