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


Visit 78% of retail CFD accounts lose money.	Visit 74.1% of retail CFD accounts lose money.
Overview
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.	Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies.
Best For
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	Experienced FX Traders looking to benefit from their custom account offering High volume traders looking to benefit from their 0 pips spreads
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 5 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FCA (UK) IIROC (Canada) MAS (Singapore) BaFin (Germany)	ASIC (Australia) FCA (Uk) ADGM (United Arab Emirates) SVGFSA (St. Vincent & the Grenadines)
The Good
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	Competitive account offering for all trader levels with spreads from 0 pips
The Bad
High commissions on stocks and ETFs Platform is not beginner friendly	All assets are CFDs (No real stocks or ETFs offered) Extremely low asset offering (around 150 instruments)
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
1989	2007
💳 Minimum Deposit Range
0	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Bank Transfer Neteller Skrill Sofort Giropay iDeal Polish Internet Banking Global Collect
💵 Account Base Currencies
10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD.	10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, SY, ZA, IR.	None
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
11,885	229
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
10,169	50
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
330	140
📗 Commodities
0	0
📗 Commodities CFDs
124	14
📕 Indices
0	0
📕 Indices CFDs
95	14
📔 ETFs
0	0
📔 ETFs CFDs
1,084	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
18	11
📒 Bonds
0	0
📒 Bonds CFDs
55	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
10	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 Minimum Crypto Trade Size
Variable (eg: 1 BTC)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
1 Contract	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
1 Contract	Unavailable
📈 Minimum Futures Trade Size
1 Contract	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	400
✍ Customisable Leverage
No	Yes
🎲 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
Yes	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.	$10 monthly after 1 year of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.	Varies per account type: Standard: None Pro: $3.50 per lot Elite: $1.75 per lot)
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 0 to 1.4 Pips
📉 SP500
From 60 Pips	Dynamic - From 90 Pips
📈 GOLD
From 30 Pips	Dynamic - From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $1.45
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Unavailable	Dynamic - From $40
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
Yes	No
📡 Account Management
No	No
📡 Webinars
Yes	Yes