CMC Markets
Visit

73% of retail CFD accounts lose money.

Vs.

Axi (AxiTrader)
Visit

74.1% of retail CFD accounts lose money.

CMC Markets Vs. Axi (AxiTrader) - Compare and Choose the Right One

Updated May 26 2022

Visit

73% 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
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 day minimum (may take longer)
📋 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
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. US
📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and bonds

CFDs on stocks, commodities, currencies, cryptocurrencies, indices and ETFs.

📙 Stocks
10,169 50
📘 Currency Pairs
330+ 140+
📗 Commodities
124 14
📕 Indices
95 14
📔 ETFs
1084 N/A
💸 Cryptocurrencies
18 (Not available in the U.K) 11
📒 Bonds
55 N/A
📓 Options
N/A N/A
📗 Futures

CFDs on commodities futures contracts with various expiration dates.

N/A
📝 Notes:
N/A

Axi offers only CFD products. This means popular asset classes like real stocks and ETFs are not available.

Trading Experience
📈 Minimum Stock Trade Size
1 Share 0.01 lots
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (eg: 0.01 BTC) 0.01 lots
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) 0.01 lots
📈 Minimum Commodities Trade Size
1 Contract 0.01 lots
📉 Minimum Bonds Trade Size
1 Contract N/A
📈 Minimum Futures Trade Size
1 Contract N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:400
✍ 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
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes (only on mobile devices)
📊 Multi-chart Tools
Yes Yes
👬 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
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission. 

Yes depending on account type (Standard: Zero, 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 N/A
📉 BTC
N/A Dynamic - From $40
Research and Analysis
⭐ Watchlists
Yes No
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No

By using TheTradingBible.com's website you agree to the use of cookies.