Axi vs XM
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for Axi and XM, side by side, across the categories that decide your costs and safety.
Who Wins?
Axi wins on overall score (4.3/5 vs 4/5). Axi is the pick if you value scalpers; choose XM if you value beginners with small budgets. The tables below show where each actually wins.
Who this is for: Axi suits traders who prioritise scalpers; XM suits traders who prioritise beginners with small budgets.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between Axi and XM.
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
Pros
- Ultra-low $5 minimum deposit
- Excellent educational resources
- Multi-regulated (FCA, CySEC, ASIC)
- No deposit or withdrawal fees
- Excellent customer support (24/5)
Cons
- Higher spreads than ECN brokers
- Limited research tools
- Inactivity fee after 90 days
Which Broker Should You Choose?
Axi vs XM: FAQ
Which is better, Axi or XM?
Overall, Axi scores 4.3/5 and XM scores 4/5. The right pick depends on what you value: Axi for scalpers, XM for beginners with small budgets.
Which is cheaper, Axi or XM?
On our fees score, Axi is 4.8/5 and XM is 4.2/5. Axi advertises spreads from 0.0 pips, XM from 0.6 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, Axi or XM?
Axi holds 3 licence(s), including ASIC, FCA, DFSA. XM holds 4 licence(s), including FCA, ASIC, CySEC, IFSC. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.
Which has more markets, Axi or XM?
Axi offers 220+, XM offers 1,000+. Choose the range that covers what you actually trade.
Calculate Your Trading Costs
Use our free tools to compare broker costs and calculate position sizes before you trade.
Other Broker Matchups
Trading Terms Explained
New to some of the jargon in this comparison? These explainers cover the concepts that decide your costs and risk.