Axi vs FP Markets

Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.

Axi

Standard, Pro and Elite accounts with free setup, leverage to 1000:1 and a funded-trader programme.

ForexMetalsIndicesCommoditiesCrypto
Read the Axi review
FP Markets

Standard and Raw accounts from $100 with leverage to 1:500 and ECN pricing on both.

ForexMetalsIndicesCommoditiesStocksBondsCrypto
Read the FP Markets review
DetailAxiFP Markets
Minimum DepositRecommended $100 (Standard, Pro) · $25,000 (Elite)US$100 or equivalent
Max LeverageUp to 1000:11:500
Spread FromStandard: EURUSD from 0.68 pips, gold 16 cents · Pro and Elite: EURUSD from 0 pips, gold 9 centsStandard from 1.0 pips · Raw from 0.0 pips
CommissionStandard: none · Pro: $4.50 round trip · Elite: $3.50 round tripStandard: zero · Raw: US$3 per lot per side
PlatformsAxi Trading Platform (desktop and mobile), MetaTrader 4, MT4 Multi-Account Manager, MT4 PAMMMetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw)
Account TypesStandard, Pro, EliteStandard, Raw

What the figures say

  • Minimum Deposit: Axi lists Recommended $100 (Standard, Pro) · $25,000 (Elite); FP Markets lists US$100 or equivalent.
  • Max Leverage: Axi lists Up to 1000:1; FP Markets lists 1:500.
  • Commission: Axi lists Standard: none · Pro: $4.50 round trip · Elite: $3.50 round trip; FP Markets lists Standard: zero · Raw: US$3 per lot per side.
  • Account Types: Axi lists Standard, Pro, Elite; FP Markets lists Standard, Raw.
  • FP Markets also lists Stocks, Bonds.

A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.

Axi: why traders choose it

  • Standard account: EURUSD from 0.68 pips and gold from 16 cents with no commission
  • Pro account: EURUSD from 0 pips and gold from 9 cents with $4.50 round trip
  • Elite account for high volume: $3.50 round trip, recommended from $25,000
  • Free setup on every account and leverage up to 1000:1
  • Eleven account currencies on Standard and Pro, including AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD and USD
  • "Get funded" links on each account to Axi's funded-trader programme

FP Markets: why traders choose it

  • Two accounts, both from US$100 and both on ECN pricing
  • Raw account: spreads from 0.0 pips plus US$3 per lot each way
  • Standard account: spreads from 1.0 pips and no commission
  • Leverage up to 1:500 on both accounts, jurisdiction permitting
  • TradingView is available on the Raw account, alongside MT4, MT5 and cTrader
  • EAs, a mobile app and a VPS are listed for both accounts; minimum trade 0.01 lot

Axi pros

  • Round-trip commissions are stated as one number, which is easier to compare than per-side figures
  • A route from a live account into a funded programme without leaving the broker
  • Their own platform on desktop and mobile as well as MetaTrader 4

Axi cons

  • MetaTrader 5, cTrader and TradingView are not on the accounts page
  • The regulator for the international entity is not named on the page we read
  • Minimums are given as recommendations rather than hard figures

FP Markets pros

  • The whole offer fits in one table on their site: two accounts, one minimum, clear costs
  • US$3 per side is at the low end for a raw account
  • Stocks and bonds are on the Raw account, not just forex and metals

FP Markets cons

  • 1:500 depends on your jurisdiction; the ASIC and CySEC entities are capped far lower
  • The Standard account does not include stocks or bonds
  • The page we read did not name the regulator for the entity serving Bangladesh; check the legal footer for your region

About Axi

Axi offers Standard, Pro and Elite accounts with free setup and leverage up to 1000:1. Standard is commission-free from 0.68 pips on EURUSD; Pro and Elite price from 0 pips with $4.50 and $3.50 round-trip commissions. Trading runs on Axi's own platform and MetaTrader 4, and each account links to Axi's funded-trader programme.

About FP Markets

FP Markets keeps it to two accounts. Standard is commission-free from 1.0 pips; Raw prices from 0.0 pips with US$3 per lot per side. Both open from US$100, both run ECN pricing, and both offer leverage up to 1:500 where the local entity allows it.

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How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.