Online brokers compared for fees, trading platforms, safety and more. See how Axi stacks up against FXCM!
Last update of data—Aug 2022
Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC.
FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
Recommended for forex traders familiar with the MetaTrader 4 platform.
Recommended for forex traders looking for easy account opening, funding and withdrawal.
Axi
Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC.
Recommended for forex traders familiar with the MetaTrader 4 platform.
FXCM
FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
Recommended for forex traders looking for easy account opening, funding and withdrawal.
Axi's service is on par with FXCM's and a comparison of their fees shows that Axi's fees are similar to FXCM's.
Account opening takes about the same effort at Axi compared to FXCM, deposit and withdrawal processes are somewhat easier at Axi, while customer service quality is similar to FXCM's.
Our experts rated the trading platform of Axi as somewhat worse than the platform of FXCM, found that clients have access to slightly more markets and products with Axi, while FXCM provides better research and education.
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