IC Markets
AxiTrader

Regulations and Licenses

Feature
IC Markets
AxiTrader
ASIC (Australia)
FCA (UK)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
FSA (Seychelles)
FSC BVI (British Virgin Islands)
Other Regulators

Brokerage

Feature
IC Markets
AxiTrader
EUR/USD Avg. Raw Spread
0.02
0.44
GBP/USD Avg. Raw Spread
0.23
0.85
AUD/USD Avg. Raw Spread
0.17
0.42
EUR/USD Standard Spread
0.62
1.2
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
0.83
1.3
AUD/USD Avg. Standard Spread
0.77
1.3
Commissions (USD Base)
$3.50
$3.50
Minimum Deposit
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
15+
12+
No Funding Fees

Markets and Instruments

Feature
IC Markets
AxiTrader
Currency Pairs
61+
72+
Cryptocurrency CFDs*
18+
11+
Index CFDs
16+
31+
Share CFDs
100+
-
Commodities CFD
26+
16+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs: 30:1
Minor Pairs: 20:1
Pro. Max Leverage (Australia)
500:1
400:1
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
400:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
400:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (UAE)
-
400:1
Professional Leverage
-
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
IC Markets
AxiTrader
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

IC Markets
AxiTrader
Our Rating
850
670
 

Our comprehensive comparison covers the 10 most important trading factors between IC Markets and Axi. Here are five noticeable differences:

  • IC Markets consistently offers lower spreads across all forex pairs compared to Axi.
  • IC Markets provides faster execution speeds due to dedicated fibre optic cables.
  • IC Markets offers a wider range of CFDs, including bonds, futures, and stocks, while Axi mainly focuses on forex.
  • Axi offers negative balance protection for retail traders, whereas IC Markets does not.
  • IC Markets has a minimum deposit requirement of $200, while Axi has no minimum deposit requirement.