Axi vs M4Markets
Axi or M4Markets – which is better for UK traders 2024? Compare Axi and M4Markets in this detailed breakdown of their platforms, features and fees.
| Axi | M4Markets |
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| Axi is ranked #30 among CFD brokers. | M4Markets is ranked #38 among CFD brokers. |
| Axi is a global forex and CFD trading firm, founded in 2007 in Sydney, Australia. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular choice among 60,000+ traders worldwide. Axi also stands out for its resources, including copy trading and Autochartist. | M4Markets is an award-winning broker regulated by the CySEC, FSA and DFSA. Although relatively new, the broker continues to improve its offering with a range of innovative tools, platforms and accounts. Beginners can start with just $5, whilst experienced investors can access leverage up to 1:5000. |
| 81.6% of retail investor accounts lose money when trading CFDs with this provider | |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | No |
| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies | Forex, CFDs, Indices, Shares, Commodities, Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $5 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, DFSA, FMA | FSA, CySEC |
| Mobile Apps | |
| iOS & Android | Yes |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | No |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| Yes | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Auto Trading | |
| Myfxbook plus Expert Advisors (EAs) on MetaTrader | Yes (APIs) |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| After partnering with Pelican Trading, Axi remains a strong option for traders seeking a reputable copy trading service. The user-friendly app requires no minimum deposit and connects seamlessly to your MT4 trading account. | M4Markets continues to deliver a user-friendly copy trading service to beginners looking to mirror other strategies and to experienced investors looking to become a mentors. The service easily synchronizes with your trading platform and is active 24/7. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes - on MT4 | Yes |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Axi offers 220+ products covering forex, shares, commodities, indices and cryptos. Spreads on EUR/USD come in at around 0.2 pips in the Pro account and 1.1 pips in the Standard account. These are competitive and aligned with equivalent accounts at leading low-cost brokers like Pepperstone. | M4Markets offers CFD trading across forex, stocks, indices, commodities and cryptocurrencies. Traders can access powerful charting platforms with multiple order types and built-in indicators. There’s also a good selection of data-driven analysis tools supplied by reputable provider, Acuity. |
| Leverage | |
| 1:400 | 1:1000 |
| FTSE Spread | |
| from 100 (floating) | From 0.01 |
| GBPUSD Spread< | |
| from 0.6 pips (floating) | Raw from 0.0 pips |
| Oil Spread | |
| from 0 pips (floating) | From 0.01 |
| Stocks Spread | |
| Variable | N/A |
| Forex | |
| Axi continues to offer a strong selection of 70+ currency pairs - more than many top brokers including award-winner AvaTrade, with only 50+. There are no restrictions on trading strategies including algo trading and scalping, which will serve both short-term and long-term traders. | M4Markets offers 45+ currencies with zero pip spreads. The low latency and 30-millisecond execution speeds makes the broker a decent choice for forex traders. Additionally, there are no restrictions on trading strategies, including scalping. |
| Assets | |
| 70+ | 50 |
| GBPUSD Spread | |
| from 0.6 pips (floating) | Raw from 0.0 pips |
| EURUSD Spread | |
| from 0.2 pips (floating) | Raw from 0.0 pips |
| EURGBP Spread | |
| from 0.5 pips (floating) | Raw from 0.0 pips |
| Cryptocurrency | |
| The broker offers a strong selection of 30 popular cryptos paired with fiat currencies, other tokens and metals. The high leverage up to 1:200 will serve experienced crypto traders, whilst the zero-commission pricing structure will appeal to beginners. | M4Markets offers a decent range of 15 crypto CFDs paired with USD. Traders can get started with as little as $5 and enjoy zero commissions on crypto trades. Spreads on BTCUSD average around 14.1 which is competitive and in line with the top low-cost crypto brokers. |
| Spread | |
| Variable | From 0.0 pips |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Axi | M4Markets |
| 81.6% of retail investor accounts lose money when trading CFDs with this provider | |
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