Axi vs XM: 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 | XM |
|---|---|---|
| Licence Score | 71Strong | 70Strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 4 | 7 |
| 1 FCA United Kingdom | Licensed | — |
| 1 ASIC Australia | Licensed · AFSL 318232 | Licensed |
| 2 CySEC Cyprus | — | Licensed · Licence 120/10 |
| 2 FSCA South Africa | — | Licensed |
| 2 DFSA United Arab Emirates | Licensed | Licensed |
| 2 FMA (NZ) New Zealand | Licensed | — |
| 3 CMA (Kenya) Kenya | — | Licensed |
| 4 FSA (Seychelles) Seychelles | — | Licensed |
| 4 FSC (Belize) Belize | — | Licensed |
| Founded | 2007 | 2009 |
| Headquarters | Australia | Cyprus |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | MT4 | MT4, MT5 |
| Minimum deposit | No minimum | US$5 |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Axi or XM better regulated?
Axi has the higher Licence Score (71 vs 70), based on the number and tier of licences, operating history and public listing.
Which regulators license both Axi and XM?
Both are matched to licences from ASIC and DFSA.