Axi vs. IC Markets

Axi and IC Markets are two well-known Forex brokers, especially for scalpers and high-frequency traders. While traders get raw spreads from 0.0 pips and maximum leverage of 1:500 at Axi and IC Markets, the latter presents lower trading costs and a broader asset selection.

The trusted MT4 trading platform is available at both brokers, but IC Markets additionally presents MT5 and cTrader. Axi features the AI-powered third-party trading analytics platform PsyQuation, Autochartist, and six MT4 plugins. IC Markets upgrades the core MT4 trading platform with 20 unique plugins, elevating the sub-standard version into a cutting-edge solution.

High-quality education and research exist at Axi and IC Markets, extending their similarities. Both brokers support copy trading, offer MAM/PAMM accounts and VPS hosting.

We have conducted an in-depth review of Axi and IC Markets to determine which one presents the better overall choice and from which traders will benefit the most.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Axi vs. IC Markets - Verdict

Features and Platforms

Features & Platforms	Axi (visit site)	Pepperstone (visit site)
Headquarter:	Australia	Australia
Established :	2007	2010
Retail Loss Rate:	74.60%	73.59%
Regulation:
Minimum Deposit:	$0	$200
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
Deposit Fee:
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	29	15
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	PsyQuation	Excellent MT4 trading tools
Unique Feature Two:	Autochartist	Superior trade execution
Broker Offers:	See what Axi offers	See what IC Markets offers

Noteworthy:

IC Markets offers a commission of $6.00 per 1.0 standard lot in its cTrader platform versus $7.00 in MT4/MT5. Axi has an Elite account, where commissions drop to $3.50 for a $25,000 minimum deposit.

Available Markets

Axi presents Forex traders with 75 currency pairs and a well-balanced choice of commodity and index CFDs. Overall, the available markets remain below average in quantity, except for Forex. IC Markets provides traders with an outstanding selection of trading instruments, with the bulk consisting of 1,650+ equity CFDs and 61 currency pairs.

Typical Spreads and Fees

Both brokers offer raw spreads to Forex traders from 0.0 pips for a commission of $7.00 in the MT4 trading platform, but IC Markets lowers the trading cost to $6.00 for cTrader. Neither broker features volume-based cash rebates but grant traders access to ECN.