Axi vs Pepperstone
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.

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

Australian broker with strong platform choice and tight pricing.
| Detail | Axi | Pepperstone |
|---|---|---|
| Regulation | — | FCA, ASIC, CySEC and others by entity — confirm which applies to you |
| Minimum Deposit | Recommended $100 (Standard, Pro) · $25,000 (Elite) | No fixed minimum |
| Max Leverage | Up to 1000:1 | Varies by entity |
| Spread From | Standard: EURUSD from 0.68 pips, gold 16 cents · Pro and Elite: EURUSD from 0 pips, gold 9 cents | From 0.0 pips on Razor |
| Commission | Standard: none · Pro: $4.50 round trip · Elite: $3.50 round trip | From $3.5 per lot per side |
| Platforms | Axi Trading Platform (desktop and mobile), MetaTrader 4, MT4 Multi-Account Manager, MT4 PAMM | MT4, MT5, cTrader, TradingView |
| Account Types | Standard, Pro, Elite | Standard, Razor |
| Funding Methods | — | Card, Bank transfer, PayPal, Skrill, Neteller |
| Withdrawal Time | — | 1-3 business days |
| Founded | — | 2010 |
| Countries | — | 170+ |
What the figures say
- Pepperstone publishes its regulation (FCA, ASIC, CySEC and others by entity — confirm which applies to you); Axi does not state one on the pages we read.
- Minimum Deposit: Axi lists Recommended $100 (Standard, Pro) · $25,000 (Elite); Pepperstone lists No fixed minimum.
- Max Leverage: Axi lists Up to 1000:1; Pepperstone lists Varies by entity.
- Commission: Axi lists Standard: none · Pro: $4.50 round trip · Elite: $3.50 round trip; Pepperstone lists From $3.5 per lot per side.
- Account Types: Axi lists Standard, Pro, Elite; Pepperstone lists Standard, Razor.
- Pepperstone publishes its funding methods (Card, Bank transfer, PayPal, Skrill, Neteller); Axi does not state one on the pages we read.
- Pepperstone publishes its withdrawal time (1-3 business days); Axi does not state one on the pages we read.
- Axi also lists Metals.
- Pepperstone also lists Shares.
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
Pepperstone: why traders choose it
- TradingView integration for charting and execution in one place
- Razor account offers spreads from 0.0 pips
- No fixed minimum deposit
- Strong regulatory coverage across several regions
- Well regarded customer support
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
Pepperstone pros
- TradingView trading built in
- Tight Razor spreads
- Broad regulatory footprint
- No minimum deposit requirement
Pepperstone cons
- Commission applies on the tightest account
- Standard account pricing is average
- Instrument list is smaller than some rivals
- Crypto availability depends on 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 Pepperstone
Pepperstone pairs competitive ECN pricing with the widest platform choice of the major brokers, including TradingView.
More comparisons
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.