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FXCM vs Axi

FXCM or Axi – which is better for UK traders 2025? Compare FXCM and Axi in this detailed breakdown of their platforms, features and fees.

FXCM vs Axi Comparison Table 2025
FXCM	Axi

4	3.7
FXCM is ranked #25 among CFD brokers.	Axi is ranked #27 among CFD brokers.
Review	Review
FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin.	Founded in 2007, Axi is a forex and CFD broker operating under multiple regulations. Over the years, it has enhanced the trading experience by broadening its stock offerings, upgrading the Axi Academy, and launching a proprietary copy trading app.
	72.4% of retail investor accounts lose money when trading CFDs with this provider
Pros
In addition to its four charting platforms, FXCM provides a superior selection of specialist software for seasoned traders, featuring QuantConnect, AgenaTrader, and Sierra Chart. The proprietary Trading Station platform is an excellent option for traders seeking a comprehensive tool for their short-term and automated strategies. Traders have access to premium tools such as a market scanner, forex signals, and research from the third-party site eFXPlus. FXCM boasts a strong international reputation, holding licences from the FCA, ASIC, CySEC, and FSCA. With two decades of experience, it commands respect in the trading industry. A variety of funding options, such as bank cards, Apple Pay, and PayPal, are available with immediate processing. The broker provides reduced spreads and additional benefits for seasoned traders through the Active Trader account. FXCM has broadened its range of trading opportunities by offering 24/7 stock CFDs via MetaTrader 4.	Axi provides an excellent MT4 experience, enhanced by the NextGen plug-in for sophisticated order management and analytics, with low execution latency around 30ms. Axi Academy offers a wealth of educational resources, from free eBooks and video tutorials to interactive quizzes. These are particularly beneficial for novice traders. Based on our tests, Axi's new trading app is highly intuitive. It offers practical filtering options to align strategies with individual risk preferences. Experienced traders are invited to join the Axi Select funded trader programme via the broker's international branch. This scheme offers up to $1 million in capital with the benefit of a 90% profit share.
Cons
While FXCM primarily caters to seasoned traders, the absence of managed accounts is unfortunate. There are no retail account options available for traders, and Cent/Micro account alternatives are also absent. The live chat support is often sluggish and inconsistent when compared to leading competitors.	Axi lags by solely providing MT4, while competitors have upgraded to MT5, cTrader, TradingView, and bespoke platforms, delivering a smoother user experience with enhanced tools. Even with the expansion of stock CFDs in the US, UK, and EU markets, its range still falls short compared to companies like BlackBull, which provide thousands of equities for varied trading opportunities. Axi retains our confidence. However, recent issues with ASIC and FMA require it to maintain a secure environment and comply with licensing standards. Although Axi delivers excellent performance, its support is not available 24/7. This unavailability can be inconvenient for traders operating in different time zones or requiring help beyond regular trading hours.
Awards
	Best Forex Provider 2023 – Online Money Awards Best MT4 Provider UK 2022 – International Business Magazine Awards Best CFD Provider 2022 – Shares Awards Best CFD Provider 2021 – Shares Awards Most Transparent Forex Broker (Middle East) 2021 - Global Forex Awards Best EMEA Region Broker 2020 - ADVFN International Financial Awards
FCA Regulated
Yes	Yes
Instruments
Forex, Stock CFDs, Commodities CFDs, Crypto CFDs	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$50	$0
Payment Methods
Apple Pay Credit Cards Debit Card Google Pay PayPal Wire Transfer	Alipay Credit Cards Debit Card FasaPay Maestro Mastercard Neteller Skrill Sofort Visa Wire Transfer
Minimum Trade
Variable	0.01 Lots
Regulator
FCA, CySEC, ASIC, FSCA, BaFin, CIRO	FCA, ASIC, FMA, DFSA, SVGFSA
Mobile Apps
iOS and Android	iOS & Android
Trading App
	Axi's app offers a seamless trading experience, combining essential tools for active global market trading in one place. Enhanced with bug fixes and improved speed, it now includes push notifications, custom watchlists, and educational videos, all within an impressive user-friendly interface.
iOS App Rating
3.1	3.6
Android App Rating
4.5	4.2
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
Yes	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
	Expert Advisors (EAs) on MetaTrader, Myfxbook
Copy Trading
Yes	Yes
Copy Trading Platform
FXCM provides social and copy trading options for forex, CFDs, and cryptocurrencies via the widely-used ZuluTrade platform. Registration is swift, and you can monitor your trading outcomes instantly.
Social Trading
Yes	Yes
Trade Signals
	MT4, Autochartist
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP AUD	USD EUR GBP CHF PLN
Commodities
Gold Oil Silver Cannabis	Copper Oil Gold Silver Platinum Cocoa Coffee Gasoline Natural Gas Precious Metals
CFD
You can engage in trading various CFD instruments, such as forex, shares, indices, and commodities. Traders have access to a superb choice of platforms, including TradingView and MT4. Additionally, advanced trading tools like API solutions cater to experienced algorithmic traders.	Axi provides an expanding range of CFDs on currencies, shares, indices, commodities, and cryptocurrencies, subject to location. Designed for active traders, it imposes no limits on scalping or algorithmic strategies, offers significant leverage, and ensures rapid execution with latency below 100ms.
Leverage
1:400	1:30
FTSE Spread
1.18 pts var*	1.0
GBPUSD Spread<
0.5 pips*	0.6
Oil Spread
0.05 (var)*	0.03
Stocks Spread
0.2% Var*	0.07
Forex
FXCM provides a selection of over 40 currency pairs. There are no commission charges, and spreads are competitive, starting at 0.78 pips for EUR/USD. Additionally, the broker features three forex baskets, focusing on USD, Yen, and emerging market benchmarks.	Axi excels with over 70 currency pairs, outpacing competitors such as AvaTrade, which provides just over 50. Coupled with the enhanced MT4 platform via the NextGen add-on, Axi stands out as a top choice for forex traders.
Assets
40	70+
GBPUSD Spread
0.5 pips var*	0.5
EURUSD Spread
0.2 pips var*	0.2
EURGBP Spread
0.5 pips var*	0.5
Currency Indices
JPY
Cryptocurrency
Trade popular digital currencies with no commission and leverage. FXCM offers a crypto basket, providing exposure to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in a single trade.	Axi offers round-the-clock short-term trading on 30 popular cryptocurrencies paired with fiat currencies, other tokens, and metals. It distinguishes itself with leverage options up to 1:200 for experienced crypto traders, enhancing both potential gains and risks.
Spread
Variable	From 0.0
Coins
BTC ETH LTC BTC	BCH BNB BTC LTC OMG FTT BTC BCH DOG LTC XLM AAVE COMP LRC MKR SUSHI UNI BAT CRV ENJ LNK MANA MATIC SAND XRP LNK XRP KSM AVAX ETH SOL XTZ ADA DOT EOS
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

FXCM	Axi
Review	Review
	72.4% of retail investor accounts lose money when trading CFDs with this provider
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