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Axi vs IC Markets: licences, costs and platforms
Facts from both companies’ official pages and regulators’ registers, side by side. We show what the numbers say; the choice is yours.
Facts verified on October 7, 2026
Key differences
- Axi charges less commission on its raw spread account: $3.50 per lot, against $7.
- Only Axi is licensed by FCA, ASIC, and DFSA.
- Only IC Markets is licensed by FSA, CySEC, and CMA (Kenya).
- Only Axi offers Axi Trading Platform.
- Only IC Markets offers cTrader and TradingView.
- Only Axi supports Mobile Money (MTN MoMo, Orange Money), USDT (TRC-20), and PIX for deposits and withdrawals.
- Users of other platforms rate IC Markets higher: 4.4/5, against 4.1/5 for Axi.
Side by side
| Criterion | Axi | IC Markets |
|---|---|---|
| Rating | ||
| Rating on other platforms | 4.1/5 (2.1K) | 4.4/5 (9,253) |
| Regulators | FCA, ASIC, DFSA | FSA, CySEC, CMA (Kenya) |
| Minimum deposit | — | No minimum |
| Account types | Standard, Swap-free, Premium, Elite | Raw Spread, cTrader Raw Spread, Standard |
| Commission per lot (raw spread account) | $3.50 | $7 |
| Platforms | MetaTrader 4, MetaTrader 5, Axi Trading Platform | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Maximum leverage | up to 1:1000 (AxiTrader LLC) | up to 1:5000 (FSA) |
| Swap-free (Islamic) account | Yes | On request |
| Deposit and withdrawal methods | Visa / Mastercard, PayPal, Bank transfer, Bank transfer (South Africa), Bank transfer (Nigeria), Mobile Money (MTN MoMo, Orange Money), Skrill, Neteller, USDT (TRC-20), PIX (Brazil) | Visa / Mastercard, PayPal, Neteller, Skrill, Bank transfer |
| Retail CFD accounts losing money | 67.7% | 73.46% |
| Not available in | 2 countries | 5 countries |
| Founded | 2007 | — |
| Headquarters | — | — |
| Read review | Read review |
Frequently asked questions
Which regulators license Axi and IC Markets?
Axi is licensed by FCA, ASIC, and DFSA; IC Markets by FSA, CySEC, and CMA (Kenya).
Which trading platforms do Axi and IC Markets offer?
Both offer MetaTrader 4 and MetaTrader 5. Only Axi offers Axi Trading Platform. Only IC Markets offers cTrader and TradingView.
Which payment methods do Axi and IC Markets support?
Both support Visa / Mastercard, PayPal, Bank transfer, Skrill, and Neteller for deposits and withdrawals. Only Axi supports Mobile Money (MTN MoMo, Orange Money), USDT (TRC-20), and PIX for deposits and withdrawals.
How are Axi and IC Markets rated on other platforms?
Axi: 4.1/5 (2.1K); IC Markets: 4.4/5 (9,253). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
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