Head to head

Axi vs ThinkMarkets

Axi is licensed by ASIC in Australia; FCA in the United Kingdom; CySEC in the European Union and DFSA in Dubai (DIFC), UAE. ThinkMarkets is licensed by FCA in the United Kingdom; CySEC in the European Union; ASIC in Australia; DFSA in Dubai (DIFC), UAE and FSCA in South Africa, 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 $10 at ThinkMarkets (the Standard account needs $50). Neither offers negative balance protection. Both offer segregated client money.

Facts last checked: Axi on 20 October 2026, ThinkMarkets 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
ThinkMarketsStandard account · United Kingdom

Overview

Founded
2007
2010
Headquarters
Sydney, Australia
Not yet checked
Official websites
  • axi.com
  • axi-solaris.com
  • thinkmarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
AxiCorp Financial Services Pty Ltd
TF Global Markets (UK) Limited
ASIC
Australia
FCA
United Kingdom
Regulation level
Strictly regulated
Strictly regulated
Licence number
Clients this company serves
Australian residents
UK residents
All licences held
  • ASIC (Australia)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • DFSA (Dubai (DIFC), UAE)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • ASIC (Australia)
  • DFSA (Dubai (DIFC), UAE)
  • FSCA (South Africa)
  • FSA Seychelles (Seychelles)
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the St Vincent company
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the Seychelles company

Costs

Your monthly cost
No accounts listed
$110$11 per lot × 10 lots
No accounts listed
$11
No accounts listed
0.4 pips
No accounts listed
1.1 pips
No accounts listed
None
Typical GBP/USD spread
Not yet checked
1.3 pips
Typical USD/JPY spread
Not yet checked
1.4 pips
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
1:30 on major pairs (UK, EU, Australia); up to 500:1 (2500:1 on ThinkTrader) at the Seychelles company
Retail leverage by asset class
  • Major currency pairs (UK: 1:30
  • Currency pairs (St Vincent company): up to 1:1000
  • Major currency pairs (UK: 1:30
  • Currency pairs: up to 500:1
  • ThinkTrader account (Seychelles company): up to 2500:1
Not yet checked
Not yet checked
Stop-out level
20% (liquidation level, St Vincent company)
50% (forced liquidation level)

Account

Minimum deposit (this account)
No accounts listed
$50
No accounts listed
USD, USDt, AUD, GBP, EUR, SGD, CHF
No accounts listed
Spread only, no commission (MT4, MT5)

Platforms and features

Platforms
  • Axi Trading Platform
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
Markets
Forex, metals, commodities, indices, share CFDs, crypto CFDs and perpetual futures CFDs
Forex, commodities, indices, crypto, stocks, ETFs and futures CFDs (up to 4,000 instruments on ThinkTrader)
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 wire
  • Visa
  • Mastercard
  • Apple Pay
  • Google Pay
  • Neteller
  • Crypto
Withdrawal fee
Free above US$50 or for the full balance; otherwise an administration fee of US$25 may apply (St Vincent company)
No fee on any funding method (international site)
Inactivity fee
10 a month in USD, EUR, GBP and most other account currencies after 12 months without trading (St Vincent company)
Not yet checked

Support

Customer support
Not yet checked
Not yet checked

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
  • Licensed by the FCA, CySEC and ASIC, with client money in segregated accounts
  • Publishes target (typical) spreads for the Standard account, such as 1.1 pips on EUR/USD
  • No deposit or withdrawal fees on the international site's funding methods
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.
  • International clients join TF Global Markets Int Limited in the Seychelles (offshore tier), where leverage goes up to 2500:1 on ThinkTrader and losses can exceed deposits
  • ThinkMarkets also says it is licensed by CIMA, an FSC, an FMA and (on its South African company) FSCA FSP 49835, without naming every company; we could not confirm these on 2026-10-20. Its FSCA OTC derivative provider approval is confirmed.
  • The ThinkZero minimum deposit is shown as $100 on the account types page and $500 on the ThinkZero page; ask before you fund.

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.
  • ThinkMarkets: Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

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.

BrokerCut on Telegram

Get the latest forex news and market analysis.

Join the channel