Axi vs XM
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.
Standard and Ultra Low accounts from a $5 deposit, with a separate Shares account.
| Detail | Axi | XM |
|---|---|---|
| Regulation | — | XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021) |
| Minimum Deposit | Recommended $100 (Standard, Pro) · $25,000 (Elite) | $5 (Standard, Ultra Low) · $10,000 (Shares) |
| Max Leverage | Up to 1000:1 | — |
| Spread From | Standard: EURUSD from 0.68 pips, gold 16 cents · Pro and Elite: EURUSD from 0 pips, gold 9 cents | — |
| Commission | Standard: none · Pro: $4.50 round trip · Elite: $3.50 round trip | — |
| Platforms | Axi Trading Platform (desktop and mobile), MetaTrader 4, MT4 Multi-Account Manager, MT4 PAMM | MetaTrader 4, MetaTrader 5, XM App |
| Account Types | Standard, Pro, Elite | Standard, Ultra Low, Shares |
What the figures say
- XM publishes its regulation (XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021)); Axi does not state one on the pages we read.
- Minimum Deposit: Axi lists Recommended $100 (Standard, Pro) · $25,000 (Elite); XM lists $5 (Standard, Ultra Low) · $10,000 (Shares).
- Axi publishes its max leverage (Up to 1000:1); XM does not state one on the pages we read.
- Axi publishes its spread from (Standard: EURUSD from 0.68 pips, gold 16 cents · Pro and Elite: EURUSD from 0 pips, gold 9 cents); XM does not state one on the pages we read.
- Axi publishes its commission (Standard: none · Pro: $4.50 round trip · Elite: $3.50 round trip); XM does not state one on the pages we read.
- Account Types: Axi lists Standard, Pro, Elite; XM lists Standard, Ultra Low, Shares.
- Axi also lists Metals, Crypto.
- XM also lists Stocks.
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
XM: why traders choose it
- Standard and Ultra Low accounts open from $5
- Ultra Low is the account XM points high-volume traders to, for lower spreads and swaps
- A separate Shares account for buying stock, from $10,000
- Bonuses on the Standard account, described by XM as boosting trading power
- Copy trading, trading competitions and a loyalty club run alongside the accounts
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
XM pros
- One of the lowest entry points anywhere at $5
- The Ultra Low account gives a cheaper option without a commission model to learn
- MetaTrader 4 and 5 plus their own app, so nothing unfamiliar
XM cons
- The global site is the Belize entity; XM's European and Australian entities have different leverage caps and protections
- Spreads and leverage figures were not on the accounts page we read; they are in the account details after sign-up
- Bonuses come with their own terms, which are worth reading before taking one
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 XM
XM offers three accounts on its global site: Standard and Ultra Low, both from a $5 minimum, and a Shares account from $10,000. The global entity, XM Global Limited, is licensed by the Financial Services Commission of Belize.
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.