Axi vs FXCM: 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.
| Attribute | Axi | FXCM |
|---|---|---|
| Licence Score | 71Strong | 72Strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 4 | 4 |
| 1 FCA United Kingdom | Licensed | Licensed · FRN 217689 |
| 1 ASIC Australia | Licensed · AFSL 318232 | Licensed |
| 2 CySEC Cyprus | — | Licensed |
| 2 FSCA South Africa | — | Licensed |
| 2 DFSA United Arab Emirates | Licensed | — |
| 2 FMA (NZ) New Zealand | Licensed | — |
| Founded | 2007 | 1999 |
| Headquarters | Australia | United Kingdom |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | MT4 | Proprietary, MT4, TradingView |
| Minimum deposit | No minimum | US$50 |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Axi or FXCM better regulated?
FXCM has the higher Licence Score (72 vs 71), based on the number and tier of licences, operating history and public listing.
Which regulators license both Axi and FXCM?
Both are matched to licences from ASIC and FCA.