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Axi vs Pepperstone: 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 Pepperstone is licensed by SCB, CMA (Kenya), CMA (UAE), and CySEC.
- Only Axi offers Axi Trading Platform.
- Only Pepperstone offers cTrader and TradingView.
- Only Axi supports USDT (TRC-20) and PIX for deposits and withdrawals.
- Only Pepperstone supports M-Pesa for deposits and withdrawals.
- Users of other platforms rate Pepperstone higher: 4.6/5, against 4.1/5 for Axi.
Side by side
| Criterion | Axi | Pepperstone |
|---|---|---|
| Rating | ||
| Rating on other platforms | 4.1/5 (2.1K) | 4.6/5 (37.8K) |
| Regulators | FCA, ASIC, DFSA | SCB, CMA (Kenya), CMA (UAE), DFSA, FCA, CySEC, ASIC |
| Minimum deposit | — | No minimum |
| Account types | Standard, Swap-free, Premium, Elite | Standard, Razor |
| Commission per lot (raw spread account) | $3.50 | $7 |
| Platforms | MetaTrader 4, MetaTrader 5, Axi Trading Platform | MetaTrader 5, cTrader, MetaTrader 4, TradingView |
| Maximum leverage | up to 1:1000 (AxiTrader LLC) | — |
| Swap-free (Islamic) account | Yes | — |
| 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) | M-Pesa (Kenya), Mobile Money (MTN MoMo, Orange Money; Uganda), Visa / Mastercard, PayPal, Neteller, Skrill, Bank transfer, Bank transfer (United Arab Emirates) |
| Retail CFD accounts losing money | 67.7% | 74.1% |
| Not available in | 2 countries | — |
| Founded | 2007 | — |
| Headquarters | — | — |
| Read review | Read review |
Frequently asked questions
Which regulators license Axi and Pepperstone?
Axi is licensed by FCA, ASIC, and DFSA; Pepperstone by SCB, CMA (Kenya), CMA (UAE), DFSA, FCA, CySEC, and ASIC.
Which trading platforms do Axi and Pepperstone offer?
Both offer MetaTrader 4 and MetaTrader 5. Only Axi offers Axi Trading Platform. Only Pepperstone offers cTrader and TradingView.
Which payment methods do Axi and Pepperstone support?
Both support Visa / Mastercard, PayPal, Bank transfer, Mobile Money (MTN MoMo, Orange Money), Skrill, and Neteller for deposits and withdrawals. Only Axi supports USDT (TRC-20) and PIX for deposits and withdrawals. Only Pepperstone supports M-Pesa for deposits and withdrawals.
How are Axi and Pepperstone rated on other platforms?
Axi: 4.1/5 (2.1K); Pepperstone: 4.6/5 (37.8K). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
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