Comparison of Axi and MTrading
| Feature | Axi | MTrading |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2012 |
| Broker Type | STP | STP, ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA, ASIC, NZ FMA, DFSA, FCA | SVGFSA |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4) |
| Spread | ⬊ Low | ⬈ High |
| Maximum Leverage | 1:500 | 1:1000 |
| Minimum Deposit | $1 | $10 |
| Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Credit/Debit Cards, Skrill, Neteller, AwePay, ZotaPay, IndiaPay, Tether (USDT), Bitcoin (BTC) |
| Inactivity Fee | $10/month after 12 months of no trading activity | 50 USD/month after 12 months of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | FSCS | The Financial Commission Compensation Fund |
| Protection Size | £85 000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Shares (CFDs), Commodities, Cryptocurrencies | Currencies, Stocks, Indices, Metals, Energies, Cryptocurrencies |
| Review | Axi Review | MTrading Review |
About Axi
Axi is a multi-regulated broker founded in 2007 with a straightforward account setup: commission-free Standard or raw-spread Pro, and a VIP Elite tier. Traders can use MT4, MT5 (in selected regions), or the Axi Trading Platform, plus a dedicated Copy Trading app. The product list spans Forex, indices, commodities, 100+ share CFDs, ~30 crypto CFDs, and ETF CFDs. Add-ons include Autochartist, Trading Central, VPS, and the Axi Select funding program.
Pros
- Multi-entity regulation
- Elite VIP with ~$25k balance and $3.5 commission per lot
- Solid toolkit: Autochartist, Trading Central, VPS options
- Flexible funding incl. cards, e-wallets, and crypto; broad base currencies
Cons
- Inactivity fee after 12 months of no trading
- Share CFD universe is modest (~100 names) vs. largest competitors
- Elite requires high balance; not suitable for small accounts
About MTrading
MTrading is a global CFD broker operating under ServiceComsvg LLC (SVG). It offers MT4 and a WebTrader, two live account types (M.Premium and M.Pro), leverage up to 1:1000, and raw-spread pricing on Pro with a fixed $4/lot commission. Client claims are covered by The Financial Commission’s Compensation Fund up to €20,000, with negative balance protection and segregated accounts in place.
Pros
- Leverage up to 1:1000 with dynamic scaling
- Financial Commission member with €20,000 compensation per claim
- Negative balance protection; segregated client funds
- Low minimum deposit ($10)
Cons
- Unregulated by top-tier authorities (SVG registration only)
- Restricted in the US, Canada, EU/EEA & several other jurisdictions
- Inactivity fee applies after a period of inactivity
Axi & MTrading Regulation
| Feature | Axi | MTrading |
|---|---|---|
Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) | ServiceComsvg LLC |
Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Saint Vincent and the Grenadines |
Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | SVGFSA |
Investor Protection | FSCS | The Financial Commission Compensation Fund |
Investor Protection Size | £85 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Axi
AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK)
MTrading
ServiceComsvg LLC
Countries
Axi
St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom
MTrading
Saint Vincent and the Grenadines
Regulators
Axi
SVGFSA, ASIC, NZ FMA, DFSA, FCA
MTrading
SVGFSA
Investor Protection
Axi
FSCS
MTrading
The Financial Commission Compensation Fund
Investor Protection Size
Axi
£85 000
MTrading
€20 000
Publicly Traded
Axi
MTrading
Segregated Accounts
Axi
MTrading
Guaranteed Stop Loss
Axi
MTrading
Negative Balance Protection
Axi
MTrading
Account Types
| Account | Axi | MTrading |
|---|---|---|
STP Account | ||
| Account Name | Standard | M.Premium |
| Min Deposit | $1 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 1 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:1000 |
| Stop Out | 20% | 30% |
| Margin Call | 100% | 100% |
ECN Account | ||
| Account Name | — | M.Pro |
| Min Deposit | — | $500 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $8 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 30% |
| Margin Call | — | 100% |
Zero Account | ||
| Account Name | Pro | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.0 | — |
| Fee | $7 per 1 lot | — |
| Max Leverage | 1:500 | — |
| Stop Out | 20% | — |
| Margin Call | 100% | — |
Cent Account | ||
| Account Name | — | M.Cent |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 30% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Axi
Standard
MTrading
M.Premium
Min Deposit
Axi
$1
MTrading
$100
Lot Size
Axi
0.01
MTrading
0.01
Spread Type
Axi
Floating
MTrading
Floating
Execution
Axi
Market
MTrading
Market
Min Spread
Axi
0.9
MTrading
1
Fee
Axi
No
MTrading
No
Max Leverage
Axi
1:500
MTrading
1:1000
Stop Out
Axi
20%
MTrading
30%
Margin Call
Axi
100%
MTrading
100%
ECN Account
Account Name
Axi
—
MTrading
M.Pro
Min Deposit
Axi
—
MTrading
$500
Lot Size
Axi
—
MTrading
0.01
Spread Type
Axi
—
MTrading
Floating
Execution
Axi
—
MTrading
Market
Min Spread
Axi
—
MTrading
0
Fee
Axi
—
MTrading
$8 per 1 lot
Max Leverage
Axi
—
MTrading
1:1000
Stop Out
Axi
—
MTrading
30%
Margin Call
Axi
—
MTrading
100%
Zero Account
Account Name
Axi
Pro
MTrading
—
Min Deposit
Axi
$1
MTrading
—
Lot Size
Axi
0.01
MTrading
—
Spread Type
Axi
Floating
MTrading
—
Execution
Axi
Market
MTrading
—
Min Spread
Axi
0.0
MTrading
—
Fee
Axi
$7 per 1 lot
MTrading
—
Max Leverage
Axi
1:500
MTrading
—
Stop Out
Axi
20%
MTrading
—
Margin Call
Axi
100%
MTrading
—
Cent Account
Account Name
Axi
—
MTrading
M.Cent
Min Deposit
Axi
—
MTrading
$10
Lot Size
Axi
—
MTrading
0.01
Spread Type
Axi
—
MTrading
Floating
Execution
Axi
—
MTrading
Market
Min Spread
Axi
—
MTrading
1
Fee
Axi
—
MTrading
No
Max Leverage
Axi
—
MTrading
1:1000
Stop Out
Axi
—
MTrading
30%
Margin Call
Axi
—
MTrading
100%
Additional Features
Demo Account
Axi
MTrading
VIP Account
Axi
MTrading
Swap-Free Account
Axi
MTrading
Copy Trading
Axi
MTrading
VPS
Axi
MTrading
PAMM/MAM Accounts
Axi
MTrading
Funding and Fees
| Feature | Axi | MTrading |
|---|---|---|
Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Credit/Debit Cards, Skrill, Neteller, AwePay, ZotaPay, IndiaPay, Tether (USDT), Bitcoin (BTC) |
Inactivity fee | $10/month after 12 months of no trading activity | 50 USD/month after 12 months of inactivity |
Interest on margin | ||
Withdrawal fee |
Base currencies
Axi
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
MTrading
USD, EUR
Deposit and withdrawal methods
Axi
Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC)
MTrading
Bank Wire, Credit/Debit Cards, Skrill, Neteller, AwePay, ZotaPay, IndiaPay, Tether (USDT), Bitcoin (BTC)
Inactivity fee
Axi
$10/month after 12 months of no trading activity
MTrading
50 USD/month after 12 months of inactivity
Interest on margin
Axi
MTrading
Withdrawal fee
Axi
MTrading
Trading Platforms and Conditions
| Feature | Axi | MTrading |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4) |
Execution Speed | - | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | high |
Trading Platforms
Axi
MetaTrader 4 (MT4), Axi Trading Platform
MTrading
MetaTrader 4 (MT4)
Execution Speed
Axi
-
MTrading
-
Scalping
Axi
MTrading
Expert Advisors (EAs)
Axi
MTrading
Depth of Market (DOM)
Axi
MTrading
Spread
Axi
low
MTrading
high
Trading Assets
| Asset | Axi | MTrading |
|---|---|---|
Currencies | 69 | 38 |
Indices | 31 | 10 |
Stocks | 144 | 87 |
Cryptocurrencies | 35 | 12 |
Bonds | 0 | 0 |
Metals | 8 | 5 |
Energies | 5 | 3 |
Soft Commodities | 3 | 0 |
ETFs | 0 | 9 |
Currencies
Axi
69
MTrading
38
Indices
Axi
31
MTrading
10
Stocks
Axi
144
MTrading
87
Cryptocurrencies
Axi
35
MTrading
12
Bonds
Axi
0
MTrading
0
Metals
Axi
8
MTrading
5
Energies
Axi
5
MTrading
3
Soft Commodities
Axi
3
MTrading
0
ETFs
Axi
0
MTrading
9
Education and Analytics
| Feature | Axi | MTrading |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Axi
MTrading
Indicators
Axi
MTrading
Robots
Axi
MTrading
Signals
Axi
MTrading
Autochartist
Axi
MTrading
Expert Analytics
Axi
MTrading
News Feed
Axi
MTrading
Education Articles
Axi
MTrading
Webinars
Axi
MTrading
Seminars
Axi
MTrading
Bonuses
| Bonus | Axi | MTrading |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $30 |
| Details | — | Learn More |
Customer Support
| Contact | Axi | MTrading |
|---|---|---|
Email | service@axi.com | support@mtrading.com |
Phone | +61 2 9965 5830 | — |
Telegram | Telegram | Telegram |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | — | |
TikTok | TikTok | — |
Email
MTrading
Phone
MTrading
—
Twitter
Axi
MTrading
—
TikTok
Axi
MTrading
—
Which Broker is Better?
After comparing Axi and MTrading, Axi comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.