Comparison of Axi and NPBFX
| Feature | Axi | NPBFX |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2016 |
| Broker Type | STP | STP |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA, ASIC, NZ FMA, DFSA, FCA | MISA, Financial Commission (Category A) |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:1000 |
| Minimum Deposit | $1 | $10 |
| Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, RUB |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Visa, MasterCard, WebMoney, Skrill, Neteller, Qiwi, YooMoney, FasaPay, Bank Transfer (SEPA/SWIFT), Local Bank Transfer, Cryptocurrencies |
| Inactivity Fee | $10/month after 12 months of no trading activity | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | FSCS | Financial Commission Compensation Fund |
| Protection Size | £85 000 | €20000 |
| 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 | Forex, Metals, Energies, Indices, Shares, ETFs, Cryptocurrencies |
| Review | Axi Review | NPBFX 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 NPBFX
NPBFX is a long-standing STP broker founded in 1996. Traders can access 100+ instruments - 38 FX pairs plus metals, oil, indices, equities and crypto - with leverage up to 1:1000 and spreads from 0.4 pips. The broker is a Category A member of The Financial Commission, ensuring negative-balance protection and a €20 000 compensation fund, and supports copy trading via its own NPB Invest hub and ZuluTrade.
Pros
- Low $10 entry on the Master account
- Leverage up to 1:1000 with negative‑balance protection
- Spreads from 0.4 pips, no commission on Master
- Copy trading via NPB Invest & ZuluTrade
- €20 000 compensation fund (FinCom Category A)
Cons
- No tier‑1 regulation (offshore licences only)
- High deposit for Expert & VIP accounts
- Only MetaTrader 4 platform (no MT5 or cTrader)
Axi & NPBFX Regulation
| Feature | Axi | NPBFX |
|---|---|---|
Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) | NMarkets Limited |
Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Comoros |
Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | MISA, Financial Commission (Category A) |
Investor Protection | FSCS | Financial Commission Compensation Fund |
Investor Protection Size | £85 000 | €20000 |
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)
NPBFX
NMarkets Limited
Countries
Axi
St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom
NPBFX
Comoros
Regulators
Axi
SVGFSA, ASIC, NZ FMA, DFSA, FCA
NPBFX
MISA, Financial Commission (Category A)
Investor Protection
Axi
FSCS
NPBFX
Financial Commission Compensation Fund
Investor Protection Size
Axi
£85 000
NPBFX
€20000
Publicly Traded
Axi
NPBFX
Segregated Accounts
Axi
NPBFX
Guaranteed Stop Loss
Axi
NPBFX
Negative Balance Protection
Axi
NPBFX
Account Types
| Account | Axi | NPBFX |
|---|---|---|
STP Account | ||
| Account Name | Standard | Master |
| Min Deposit | $1 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 0.8 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:1000 |
| Stop Out | 20% | 20% |
| Margin Call | 100% | 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 | — | Standard Cent |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.8 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 20% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Axi
Standard
NPBFX
Master
Min Deposit
Axi
$1
NPBFX
$10
Lot Size
Axi
0.01
NPBFX
0.01
Spread Type
Axi
Floating
NPBFX
Floating
Execution
Axi
Market
NPBFX
Market
Min Spread
Axi
0.9
NPBFX
0.8
Fee
Axi
No
NPBFX
No
Max Leverage
Axi
1:500
NPBFX
1:1000
Stop Out
Axi
20%
NPBFX
20%
Margin Call
Axi
100%
NPBFX
100%
Zero Account
Account Name
Axi
Pro
NPBFX
—
Min Deposit
Axi
$1
NPBFX
—
Lot Size
Axi
0.01
NPBFX
—
Spread Type
Axi
Floating
NPBFX
—
Execution
Axi
Market
NPBFX
—
Min Spread
Axi
0.0
NPBFX
—
Fee
Axi
$7 per 1 lot
NPBFX
—
Max Leverage
Axi
1:500
NPBFX
—
Stop Out
Axi
20%
NPBFX
—
Margin Call
Axi
100%
NPBFX
—
Cent Account
Account Name
Axi
—
NPBFX
Standard Cent
Min Deposit
Axi
—
NPBFX
$10
Lot Size
Axi
—
NPBFX
0.01
Spread Type
Axi
—
NPBFX
Floating
Execution
Axi
—
NPBFX
Market
Min Spread
Axi
—
NPBFX
0.8
Fee
Axi
—
NPBFX
No
Max Leverage
Axi
—
NPBFX
1:1000
Stop Out
Axi
—
NPBFX
20%
Margin Call
Axi
—
NPBFX
100%
Additional Features
Demo Account
Axi
NPBFX
VIP Account
Axi
NPBFX
Swap-Free Account
Axi
NPBFX
Copy Trading
Axi
NPBFX
VPS
Axi
NPBFX
PAMM/MAM Accounts
Axi
NPBFX
Funding and Fees
| Feature | Axi | NPBFX |
|---|---|---|
Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, RUB |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Visa, MasterCard, WebMoney, Skrill, Neteller, Qiwi, YooMoney, FasaPay, Bank Transfer (SEPA/SWIFT), Local Bank Transfer, Cryptocurrencies |
Inactivity fee | $10/month after 12 months of no trading activity | |
Interest on margin | ||
Withdrawal fee |
Base currencies
Axi
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
NPBFX
USD, EUR, RUB
Deposit and withdrawal methods
Axi
Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC)
NPBFX
Visa, MasterCard, WebMoney, Skrill, Neteller, Qiwi, YooMoney, FasaPay, Bank Transfer (SEPA/SWIFT), Local Bank Transfer, Cryptocurrencies
Inactivity fee
Axi
$10/month after 12 months of no trading activity
NPBFX
Interest on margin
Axi
NPBFX
Withdrawal fee
Axi
NPBFX
Trading Platforms and Conditions
| Feature | Axi | NPBFX |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4) |
Execution Speed | - | 100 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Axi
MetaTrader 4 (MT4), Axi Trading Platform
NPBFX
MetaTrader 4 (MT4)
Execution Speed
Axi
-
NPBFX
100 ms
Scalping
Axi
NPBFX
Expert Advisors (EAs)
Axi
NPBFX
Depth of Market (DOM)
Axi
NPBFX
Spread
Axi
low
NPBFX
low
Trading Assets
| Asset | Axi | NPBFX |
|---|---|---|
Currencies | 69 | 38 |
Indices | 31 | 11 |
Stocks | 144 | 62 |
Cryptocurrencies | 35 | 5 |
Bonds | 0 | 0 |
Metals | 8 | 2 |
Energies | 5 | 3 |
Soft Commodities | 3 | 0 |
ETFs | 0 | 2 |
Currencies
Axi
69
NPBFX
38
Indices
Axi
31
NPBFX
11
Stocks
Axi
144
NPBFX
62
Cryptocurrencies
Axi
35
NPBFX
5
Bonds
Axi
0
NPBFX
0
Metals
Axi
8
NPBFX
2
Energies
Axi
5
NPBFX
3
Soft Commodities
Axi
3
NPBFX
0
ETFs
Axi
0
NPBFX
2
Education and Analytics
| Feature | Axi | NPBFX |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Axi
NPBFX
Indicators
Axi
NPBFX
Robots
Axi
NPBFX
Signals
Axi
NPBFX
Autochartist
Axi
NPBFX
Expert Analytics
Axi
NPBFX
News Feed
Axi
NPBFX
Education Articles
Axi
NPBFX
Webinars
Axi
NPBFX
Seminars
Axi
NPBFX
Bonuses
| Bonus | Axi | NPBFX |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $100 |
| Details | — | Learn More |
Contests
| Feature | Axi | NPBFX |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
Axi
NPBFX
Contests List
Axi
—
NPBFX
- Trader's BattleStart Balance: $5000 · Prize Pool: $1000 + iPhone 16 Pro · Period: MonthlyLearn More
Customer Support
| Contact | Axi | NPBFX |
|---|---|---|
Email | service@axi.com | client.payments@nmarkets.org |
Phone | +61 2 9965 5830 | +448000698470 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | — |
Instagram | — | |
Twitter | — | |
TikTok | TikTok | — |
Email
Phone
NPBFX
Telegram
Axi
NPBFX
—
Facebook
Axi
NPBFX
—
LinkedIn
Axi
NPBFX
—
YouTube
Axi
NPBFX
—
Instagram
Axi
NPBFX
—
Twitter
Axi
NPBFX
—
TikTok
Axi
NPBFX
—
Which Broker is Better?
After comparing Axi and NPBFX, NPBFX 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.