The verdict
Axi and XM are closely matched, with Clarity Scores of 79 and 78. The right pick comes down to what you prioritise — Axi leads on lower all-in cost, while XM leads on better for beginners.
Full comparison
| Metric | Axi | XM |
|---|---|---|
| Clarity Score | 79 | 78 |
| Risk level | Higher risk | Higher risk |
| Regulators | ASIC, FCA, CySEC, DFSA, FSA | ASIC, CySEC, DFSA, FSC, CMA |
| Segregated funds | Yes | Yes |
| All-in cost | $$··· | $$$·· |
| Min deposit | $0 | $5 |
| Starting spread (not an average) | from 0 pips | from 1.6 pips |
| Max leverage (intl.) | — | 1000:1 |
| Withdrawal speed | 1–3 daysBank transfers | 1–2 days |
| Demo account | Yes | Yes |
| Copy trading | No | Yes — confirm account eligibility |
| Platforms | MT4, MT5, Proprietary, Web, iOS, Android | MT4, MT5, Web, iOS, Android |
Highlighted cells indicate the stronger value on that metric. Figures are reviewed regularly — verify current terms before depositing.

Pick Axi if you want…
- lower all-in cost
- stronger advanced tools

Pick XM if you want…
- better for beginners
- a higher-rated app
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Common questions
Is Axi or XM better?
Axi and XM are closely matched, with Clarity Scores of 79 and 78. The right pick comes down to what you prioritise — Axi leads on lower all-in cost, while XM leads on better for beginners.
Which is cheaper, Axi or XM?
On all-in cost, Axi is cheaper (cost index 2/5 vs 3/5). Compare the full fee breakdown on each review.
Which is better regulated?
XM scores higher on our regulation & safety criterion. Axi: ASIC, FCA, CySEC, DFSA, FSA. XM: ASIC, CySEC, DFSA, FSC, CMA.
Related head-to-heads
Capital at risk. Most retail CFD accounts lose money. Trade only with money you can afford to lose.