IC Markets VS Axi
Detailed side-by-side analysis on 40+ criteria. Data updated 2026.
IC Markets 👑
In this 2-way comparison between IC Markets and Axi, IC Markets emerges as our top recommendation with an overall rating of 4.8/5.
Regulation Excellence: IC Markets holds a Tier-1 ASIC license, providing the highest level of investor protection including segregated client funds and compensation schemes.
Best Value: IC Markets also offers the most competitive spreads in this comparison at just 0.1 pips on EUR/USD (plus $3.5 commission per lot).
Best Broker For:
- Beginners: Axi (only $0 minimum)
- Low Spreads: IC Markets (0.1 pips EUR/USD)
- Trust & Safety: IC Markets (95% trust score)
- Overall Winner: IC Markets (4.8/5 rating)
| 40+ Criteria |
🏆 Winner
IC Markets |
Axi |
|---|---|---|
| Overview & Ratings | ||
| Overall Rating | 🏆 Best | |
| Trust Score |
95%
|
85%
|
| Founded | 2007 | 2007 |
| Regulation & Safety | ||
| Primary Regulator | ASIC Tier 1 | ASIC Tier 1 |
| Segregated Accounts | ✔ Yes | ✔ Yes |
| Negative Balance Protection | ✔ Yes | ✔ Yes |
| Publicly Traded | Private | Private |
| Trading Conditions | ||
| EUR/USD Spread | 0.1 pips 💰 Lowest | 0.4 pips |
| Spread Type | Raw/ecn | Variable |
| Commission | $3.5/lot | $3.5/lot |
| Max Leverage | 1:500 | 1:500 |
| Account Conditions | ||
| Min Deposit | $200 💎 Lowest | $0 |
| Demo Account | ✔ Unlimited | ✔ Unlimited |
| Islamic Account | ✔ Yes | ✔ Yes |
| Trading Platforms | ||
| MetaTrader 4 | ✔ | ✔ |
| MetaTrader 5 | ✔ | ✗ |
| cTrader | ✔ | ✗ |
| TradingView | ✗ | ✗ |
| Copy Trading | ✔ Yes | ✔ Yes |
| Mobile App | ✔ iOS/Android | ✔ iOS/Android |
| Instruments | ||
| Total Instruments | 2250+ 📈 Most | 220+ |
| Forex Pairs | 61 | 70 |
| Cryptocurrencies | 23 | 30 |
| Stocks/CFDs | 1600 | 50 |
| Education & Support | ||
| Educational Content | ✔ Yes | Limited |
| Webinars | ✔ Free | ✗ |
Frequently Asked Questions
Which is better: IC Markets or Axi?
Based on our comprehensive analysis, IC Markets scores higher overall with a 4.8/5 rating. It's regulated by ASIC, a Tier-1 authority ensuring maximum fund protection. However, the best choice depends on your trading priorities:
- For lowest spreads: IC Markets (0.1 pips)
- For lowest deposit: Axi ($0)
- For maximum trust: IC Markets (95% trust score)
What are the main differences between these brokers?
Key differences in this comparison:
- IC Markets: ASIC, spreads from 0.1 pips, $200 min deposit, MT5 available
- Axi: ASIC, spreads from 0.4 pips, $0 min deposit
Which broker is best for beginners?
For beginners, we recommend Axi due to its low $0 minimum deposit and unlimited demo account.
Are these brokers safe and regulated?
Here's the regulatory status for each broker:
- IC Markets: ASIC (Tier-1, highest protection)
- Axi: ASIC (Tier-1, highest protection)
We recommend choosing Tier-1 regulated brokers (FCA, ASIC, SEC, FINMA) for maximum fund protection.
