Comparison of Axi and Orbex
| Feature | Axi | Orbex |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2010 |
| Broker Type | STP | STP |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA, ASIC, NZ FMA, DFSA, FCA | FSC, FSA, CySEC |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⮕ Average |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $1 | $100 |
| Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, GBP, PLN |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Visa/Mastercard, Skrill, Neteller, Perfect Money, UnionPay, FasaPay, POLi, ENet, Tether (USDT), PayRetailers, VN Pay, Virtual Pay |
| Inactivity Fee | $10/month after 12 months of no trading activity | $20/month on dormant accounts after ~6 months of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | FSCS | Investor Compensation Fund (ICF) |
| 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, Indices, Stocks (CFDs), Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Axi Review | Orbex 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 Orbex
Orbex is a multi-entity broker regulated by the Mauritius FSC (global) with additional group entities in Cyprus and Seychelles. Traders can choose between three clear account tiers — Starter (no commission), Premium (raw pricing, $8 RT), and Ultimate (raw pricing, $5 RT) — on MT4 or MT5. Minimum deposits start from $100, maximum leverage is up to 1:500 (entity-dependent), and stop-out/margin call levels are typically 20%/100%. The product list covers 70+ FX pairs, stock and index CFDs, metals, energies and a set of major cryptocurrencies. Convenience extras include copy trading, Islamic (swap-free) terms for eligible clients, and a free VPS when account balance/deposit criteria are met. Funding supports cards, bank wires, major e-wallets and USDT, with near-instant processing for most methods; the broker generally doesn’t charge funding fees, though processors may.
Pros
- Three straightforward account types on MT4/MT5
- Raw pricing on Premium/Ultimate
- Leverage up to 1:500 (outside EU)
- Copy trading, Islamic accounts, and free VPS
- Broad funding stack incl. cards, e-wallets, and USDT
Cons
- Inactivity fee
- Instrument counts on MT4/5 can vary by account
Axi & Orbex Regulation
| Feature | Axi | Orbex |
|---|---|---|
Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) | Orbex Global Limited; Orbex Limited; Orbex Ltd |
Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Mauritius, Seychelles, Cyprus |
Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | FSC, FSA, CySEC |
Investor Protection | FSCS | Investor Compensation Fund (ICF) |
Investor Protection Size | £85 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Axi | Orbex |
|---|---|---|
STP Account | ||
| Account Name | Standard | Starter |
| Min Deposit | $1 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 1.5 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 20% | 20% |
| Margin Call | 100% | 100% |
ECN Account | ||
| Account Name | — | Premium |
| Min Deposit | — | $500 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.0 |
| Fee | — | $8 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 20% |
| Margin Call | — | 100% |
Zero Account | ||
| Account Name | Pro | Premium |
| Min Deposit | $1 | $500 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.0 | 0.0 |
| Fee | $7 per 1 lot | $8 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 20% | 20% |
| Margin Call | 100% | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Axi | Orbex |
|---|---|---|
Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, GBP, PLN |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Visa/Mastercard, Skrill, Neteller, Perfect Money, UnionPay, FasaPay, POLi, ENet, Tether (USDT), PayRetailers, VN Pay, Virtual Pay |
Inactivity fee | $10/month after 12 months of no trading activity | $20/month on dormant accounts after ~6 months of inactivity |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Axi | Orbex |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Assets
| Asset | Axi | Orbex |
|---|---|---|
Currencies | 69 | 36 |
Indices | 31 | 5 |
Stocks | 144 | 146 |
Cryptocurrencies | 35 | 11 |
Bonds | 0 | 0 |
Metals | 8 | 4 |
Energies | 5 | 1 |
Soft Commodities | 3 | 3 |
ETFs | 0 | 0 |
Education and Analytics
| Feature | Axi | Orbex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Axi | Orbex |
|---|---|---|
Email | service@axi.com | support@orbex.com |
Phone | +61 2 9965 5830 | +442035198140 |
Telegram | Telegram | Telegram |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | TikTok | TikTok |
Which Broker is Better?
After comparing Axi and Orbex, 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.
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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.