Verified 2026 data

Axi vs IC Markets

An in-depth comparison to help you choose the right broker for your trading journey.

1:1Head to Head

RealTesting

2026Updated

CATEGORY WINS

Who Wins Each Category?

Our scores for Axi and IC Markets, side by side, across the categories that decide your costs and safety.

FeesAxi: 4.8/5vsIC Markets: 4.9/5IC Markets wins

SafetyAxi: 4.3/5vsIC Markets: 4.5/5IC Markets wins

PlatformsAxi: 4.2/5vsIC Markets: 4.7/5IC Markets wins

EducationAxi: 3.5/5vsIC Markets: 3.5/5Even

Customer SupportAxi: 4/5vsIC Markets: 4.2/5IC Markets wins

QUICK VERDICT

Who Wins?

IC Markets wins on overall score (4.6/5 vs 4.3/5). Axi is the pick if you value scalpers; choose IC Markets if you value high-volume traders. The tables below show where each actually wins.

Who this is for: Axi suits traders who prioritise scalpers; IC Markets suits traders who prioritise high-volume traders.

4.3/5

Best for: Scalpers

Visit Axi Read the Axi Review

4.6/5

Best for: High-volume traders

Visit IC Markets Read the IC Markets Review

HEAD-TO-HEAD

Side-by-Side Comparison

Feature

Overall Rating

4.3/5

4.6/5

Minimum Deposit

$200

Spreads From

0.0 pips

Max Leverage

Up to 500:1

Instruments

220+

2,250+

Fees Score

4.8/5

4.9/5

Platforms Score

4.2/5

4.7/5

Education Score

3.5/5

Safety Score

4.3/5

4.5/5

Platforms

MetaTrader 4, MetaTrader 5, Axi Copy Trading

MetaTrader 4, MetaTrader 5, cTrader, TradingView

Founded

2007

Headquarters

Sydney, Australia

KEY DIFFERENCES

What Actually Differs

The numbers that matter when choosing between Axi and IC Markets.

Minimum depositAxi: $0IC Markets: $200Axi needs less to start.

RegulatorsAxi: 3 (ASIC, FCA)...IC Markets: 3 (ASIC, CySEC)...Both hold the same number of licences.

InstrumentsAxi: 220+IC Markets: 2,250+IC Markets offers more markets.

PlatformsAxi: MetaTrader 4, MetaTrader 5, Axi Copy TradingIC Markets: MetaTrader 4, MetaTrader 5, cTraderBoth support MetaTrader 4, MetaTrader 5.

Best forAxi: ScalpersIC Markets: High-volume tradersDifferent fits. Read the verdict below.

ANALYSIS

Pros & Cons

Pros

+ Raw spreads from 0.0 pips
+ No minimum deposit requirement
+ Fast ECN execution
+ Strong MT4/MT5 integration
+ VPS hosting for EAs

Cons

- Limited educational content
- Smaller instrument selection
- Basic research tools compared to competitors

Open Axi Account

Pros

+ Industry-leading raw spreads from 0.0 pips
+ True ECN execution with no dealing desk
+ $1 trillion+ monthly trading volume
+ Multiple platforms including TradingView
+ Excellent for high-frequency and algo trading
+ Deep institutional liquidity

Cons

- $200 minimum deposit
- Limited educational content
- No proprietary platform
- Basic research tools

Open IC Markets Account

RECOMMENDATION

Which Broker Should You Choose?

Choose

If you:

Scalpers
Day traders
EA/Algo traders
Cost-conscious professionals

Visit Axi →

Choose

If you:

High-volume traders
Scalpers
Algorithmic traders
Professional traders

Visit IC Markets →

FAQ

Axi vs IC Markets: FAQ

Which is better, Axi or IC Markets?

Overall, Axi scores 4.3/5 and IC Markets scores 4.6/5. The right pick depends on what you value: Axi for scalpers, IC Markets for high-volume traders.

Which is cheaper, Axi or IC Markets?

On our fees score, Axi is 4.8/5 and IC Markets is 4.9/5. Axi advertises spreads from 0.0 pips, IC Markets from 0.0 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.

Which is safer, Axi or IC Markets?

Axi holds 3 licence(s), including ASIC, FCA, DFSA. IC Markets holds 3 licence(s), including ASIC, CySEC, FSA. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.

Which has more markets, Axi or IC Markets?

Axi offers 220+, IC Markets offers 2,250+. Choose the range that covers what you actually trade.

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