Axi vs FP Markets
A side-by-side comparison of Axi and FP Markets — spreads, regulation, platforms, leverage and minimum deposit. Both pay RebateIX cashback of up to $10 per lot, so you lower your real trading cost whichever you choose.
| Axi | FP Markets | |
|---|---|---|
| Spread from | 0 pips | 0 pips |
| Min deposit | $0 | $100 |
| Max leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC, DFSA | ASIC, CySEC, FSA |
| Platforms | MT4, MT5, WebTrader | MT4, MT5, WebTrader, IRESS |
| Commission | $3.50 / lot | $3.00 / lot |
| Swap-free (Islamic) | ||
| Synthetic indices | ||
| RebateIX cashback | Up to $10 / lot | Up to $10 / lot |
The verdict
Both quote comparable headline spreads, and Axi is easier to start with ($0 minimum). But the bigger lever is your cost after rebates: through RebateIX, both Axi and FP Markets pay up to $10 cashback per lot, plus the RebateVIP retroactive boost of up to +15%. That usually matters more than a fractional spread difference.
Axi vs FP Markets — FAQ
Which is better, Axi or FP Markets?⌄
It depends on what you trade. Both quote similar headline spreads, and Axi has the lower minimum deposit ($0). Crucially, with RebateIX you earn cashback of up to $10 per lot on either broker — so you lower your real trading cost whichever you pick.
Do I earn rebates with both Axi and FP Markets?⌄
Yes. Open or transfer an account with either Axi or FP Markets through RebateIX, link your MT4/MT5 login, and you earn cashback automatically on every closed lot — win or lose, paid weekly.
Is Axi or FP Markets better for Islamic (swap-free) accounts?⌄
Neither is tagged as swap-free in our current list — check directly with the broker. Rebates apply to Islamic accounts the same way.
How much can I earn back per lot?⌄
RebateIX pays up to $10 per standard lot, and the RebateVIP Club adds a retroactive boost of up to +15% on top as your monthly volume grows.