Axi (AxiTrader) Vs. CMC Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74.1% of retail CFD accounts lose money.	Visit 78% of retail CFD accounts lose money.
Overview
Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies.	CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.
Best For
Experienced FX Traders looking to benefit from their custom account offering High volume traders looking to benefit from their 0 pips spreads	Professional high volume traders looking to offset the cost of commissions through larger trades Intermediate and professional traders looking for a professional custom platform with customisable layouts
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 5 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FCA (Uk) ADGM (United Arab Emirates) SVGFSA (St. Vincent & the Grenadines)	ASIC (Australia) FCA (UK) IIROC (Canada) MAS (Singapore) BaFin (Germany)
The Good
Competitive account offering for all trader levels with spreads from 0 pips	Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more Powerful professional platform with customisable layouts and integrated reuters feed
The Bad
All assets are CFDs (No real stocks or ETFs offered) Extremely low asset offering (around 150 instruments)	High commissions on stocks and ETFs Platform is not beginner friendly
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2007	1989
💳 Minimum Deposit Range
0	0
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Sofort Giropay iDeal Polish Internet Banking Global Collect	Visa Mastercard Bank Transfer Paypal
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD	10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
None	US, JP, SY, ZA, IR.
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
229	11,885
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
50	10,169
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
140	330
📗 Commodities
0	0
📗 Commodities CFDs
14	124
📕 Indices
0	0
📕 Indices CFDs
14	95
📔 ETFs
0	0
📔 ETFs CFDs
0	1,084
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
11	18
📒 Bonds
0	0
📒 Bonds CFDs
0	55
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	10
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	Variable (eg: 1 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	1 Contract
📉 Minimum Bonds Trade Size
Unavailable	1 Contract
📈 Minimum Futures Trade Size
Unavailable	1 Contract
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
400	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$10 monthly after 1 year of inactivity.	After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Varies per account type: Standard: None Pro: $3.50 per lot Elite: $1.75 per lot)	Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 90 Pips	From 60 Pips
📈 GOLD
Dynamic - From 20 Pips	From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $40	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
Yes	Yes