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Axi vs IC Markets

Side by side on the facts each broker publishes. Advertised costs are the brokers’ own “from” figures.

Updated

Key differences

  • Only Axi lists: FSA (SVG), FMA, FCA, DFSA.
  • Only IC Markets lists: FSA (Seychelles), CySEC.
  • Axi has the lower stated minimum deposit ($100 vs $200).
  • Axi’s raw-account commission is $2.50 lower per round-turn lot ($2.25 vs $3.50 per side).
  • Axi offers Proprietary; IC Markets does not list it.
  • IC Markets offers cTrader, TradingView; Axi does not list them.

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Axi compared with IC Markets
FieldAxiIC Markets
Score82.1/10077.8/100
RegulatorsFSA (SVG), ASIC, FMA, FCA, DFSAFSA (Seychelles), ASIC, CySEC
FoundedNot verified2007Founded in Sydney, Australia.
PlatformsMT4, MT5, ProprietaryAxi app and web platform.MT4, MT5, cTrader, TradingViewMT4, MT5 and cTrader on the account page; TradingView listed in the ic.com navigation.
Minimum deposit$100"Recommended" minimum.$200FAQ: USD 200 or equivalent.
Raw commission / side (advertised)$2.25Premium: $4.50 round trip.$3.50USD 3.50 per lot per side.
Spread from, no-commission account (advertised)0.68EUR/USD, Standard account.0.80EUR/USD "from" spread, Standard account.
Measured EUR/USD spreadNot yet testedNot yet tested
Max. leverage1:10001:5000
Copy tradingYesAxi Copy Trading app.YesIC Social, cTrader Copy, ZuluTrade and others.
Swap-free / IslamicYesYesSwap Free account listed.
Deposit methodsNot verifiedVisa, Mastercard, Apple Pay, Google Pay, Skrill, Neteller
Restricted-country list2 listed (partial)Site "not intended" for these residents; no full list found.5 listed (partial)Plus any country where use would be contrary to local law.
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Sources for each value are on the individual broker pages. Data verified 11 Oct 2026.

Risk warning: CFDs and leveraged forex are complex instruments and carry a high risk of losing money rapidly due to leverage. Most retail accounts lose money. Only trade with money you can afford to lose. Nothing on this site is investment advice. Read the full risk warning.