Clarytrade
23 brokers indexedcommission weighted 0%
Head to head

Axi vs Pepperstone (2026)

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Pepperstone logo
Pepperstone
Higher overall score
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The verdict

Pepperstone edges it overall with a Clarity Score of 90 vs 79, helped by stronger regulation & safety. But Axi can still be the better fit.

Side by side

Full comparison

MetricAxiPepperstone
Clarity Score7990
Risk levelHigher riskHigher risk
RegulatorsASIC, FCA, CySEC, DFSA, FSAFCA, ASIC, CySEC, BaFin, DFSA, CMA, CMA (UAE), SCB
Segregated funds Yes Yes
All-in cost$$···$····

Costs and charges may vary depending on the jurisdiction

Min deposit$0$10
Typical spread (EUR/USD)0 pips0 pips
Max leverage (intl.)—1000:1
Withdrawal speed1–3 daysBank transfersSame–next day
Demo account Yes Yes
Copy tradingNoChoose your country to check

Copy trading is not intended for EU/UK/AU-based audiences

PlatformsMT4, MT5, Proprietary, Web, iOS, AndroidMT4, MT5, cTrader, TradingView, Pepperstone Trading Platform, Web, iOS, Android

Highlighted cells indicate the stronger value on that metric. Figures are reviewed regularly — verify current terms before depositing.

Axi logo

Pick Axi if you want…

  • a solid all-round option for your needs
66.36% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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Pepperstone logo

Pick Pepperstone if you want…

  • stronger regulation & safety
  • lower all-in cost
  • a higher-rated app
  • stronger advanced tools
  • faster withdrawals
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Risk warning. CFDs and leveraged products are complex and high-risk. In the broker disclosures we track, 65% to 81% of retail investor accounts lose money trading CFDs (figures by entity, read September 2026). Whether losses can exceed your deposit depends on the entity that onboards you: negative-balance protection is mandatory for retail clients under FCA, ESMA and ASIC rules, not at every offshore entity. Only trade with money you can afford to lose.
Axi: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.36% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pepperstone: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73.6% and 80% of retail investor accounts lose money when trading CFDs with Pepperstone, depending on the entity that onboards you (Pepperstone Limited 73.6%, Pepperstone EU Limited 74.1%, Pepperstone GmbH 76.1%, Pepperstone Markets Limited 80%; figures read on the entity sites 2026-10-13). You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

FAQ

Common questions

Is Axi or Pepperstone better?

Pepperstone edges it overall with a Clarity Score of 90 vs 79, helped by stronger regulation & safety. But Axi can still be the better fit.

Which is cheaper, Axi or Pepperstone?

On all-in cost, Pepperstone is cheaper (cost index 1/5 vs 2/5). Compare the full fee breakdown on each review.

Which is better regulated?

Pepperstone scores higher on our regulation & safety criterion. Axi: ASIC, FCA, CySEC, DFSA, FSA. Pepperstone: FCA, ASIC, CySEC, BaFin, DFSA, CMA, CMA (UAE), SCB.

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