Head to head

Axi vs IFC Markets

Axi is licensed by ASIC in Australia; FCA in the United Kingdom; CySEC in the European Union and DFSA in Dubai (DIFC), UAE. IFC Markets is licensed by Labuan FSA in Labuan, Malaysia, 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 $15 at IFC Markets (the Classic Standard (fixed spread) account needs $1,000). Only IFC Markets offers negative balance protection. Only Axi offers segregated client money.

Facts last checked: Axi on 20 October 2026, IFC Markets on 20 October 2026.

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.

Comparing
AxiAustralia
IFC MarketsClassic Standard (fixed spread) account · British Virgin Islands

Overview

Founded
2007
2006
Headquarters
Sydney, Australia
Not yet checked
Official websites
  • axi.com
  • axi-solaris.com
  • ifcmarkets.com
  • ifcmarkets.co.in
  • ifcmarkets.ae
  • ifcmarkets.hk
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
AxiCorp Financial Services Pty Ltd
IFCMARKETS. CORP.
ASIC
Australia
BVI FSC
British Virgin Islands
Regulation level
Strictly regulated
Offshore registration only
Licence number
Clients this company serves
Australian residents
International clients (not residents of the US, Russia or the BVI)
All licences held
  • ASIC (Australia)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • DFSA (Dubai (DIFC), UAE)
  • BVI FSC (British Virgin Islands)
  • Labuan FSA (Labuan, Malaysia)
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
$180$18 per lot × 10 lots
No accounts listed
$18
No accounts listed
1.8 pips
No accounts listed
1.8 pips
No accounts listed
None
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
1:400 on Micro and Nano accounts; 1:200 on Standard accounts
Retail leverage by asset class
  • Major currency pairs (UK: 1:30
  • Currency pairs (St Vincent company): up to 1:1000
  • All instruments, Standard accounts: Up to 1:200
  • All instruments, Micro and Nano accounts: Up to 1:400
Not yet checked
Not yet checked
Stop-out level
20% (liquidation level, St Vincent company)
10%

Account

Minimum deposit (this account)
No accounts listed
$1,000
No accounts listed
USD, EUR, JPY
No accounts listed
Instant execution, fixed spread, no commission (MT4 and NetTradeX)

Platforms and features

Platforms
  • Axi Trading Platform
  • MetaTrader 4
  • MetaTrader 5
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • Web terminal
  • Mobile apps
Markets
Forex, metals, commodities, indices, share CFDs, crypto CFDs and perpetual futures CFDs
650+ CFDs on forex, metals, indices, stocks, commodities, ETFs and cryptocurrencies, plus self-built synthetic instruments
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
  • Bank card
  • Cryptocurrency
  • Open Banking
  • Local bank (Africa)
  • Mobile money
  • WebMoney
Withdrawal fee
Free above US$50 or for the full balance; otherwise an administration fee of US$25 may apply (St Vincent company)
Bank wire at your bank's fee; card, crypto and e-wallet withdrawals carry fees that vary by method (for example 3% for Open Banking)
Inactivity fee
10 a month in USD, EUR, GBP and most other account currencies after 12 months without trading (St Vincent company)
Up to $10 a month after 12 months without trading, only while the balance is positive

Support

Customer support
Not yet checked
24/7 online support

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
  • Fixed 1.8-pip EUR/USD spread on Classic accounts, so costs are known in advance
  • Micro and Nano accounts from $15
  • Choice of NetTradeX, MT4 and MT5, with hedging or netting on MT5 and NetTradeX
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.
  • Licensed only in the BVI (offshore) and Labuan; no FCA, ASIC, CySEC or similar licence
  • Stop-out level of only 10%, so positions are closed late and losses can run far
  • Monthly inactivity fee of up to $10 after 12 months without trading
  • Standard accounts need a $1,000 first deposit

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.
  • IFC Markets: Your capital is at risk. Leveraged products may not be suitable for everyone.

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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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