Axi vs Fortrade: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAxiFortrade
Licence Score71Strong71Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record44
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia Licensed · AFSL 318232Licensed
1 CIRO Canada —Licensed
2 CySEC Cyprus —Licensed
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand Licensed—
Founded20072013
HeadquartersAustraliaUnited Kingdom
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4Proprietary, MT4
Minimum depositNo minimumUS$100
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Frequently asked questions

Is Axi or Fortrade better regulated?

Both have the same Licence Score (71).

Which regulators license both Axi and Fortrade?

Both are matched to licences from ASIC and FCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.