Eightcap
Triple-regulated trading with tight spreads and full MT4/MT5 flexibility.
- Min deposit
- $100
- Max leverage
- 1:500
- Spread from
- 0 pips
- Regulators
- ASIC, FCA, CySEC
Eightcap and Axi are both tier-1 regulated brokers offering tight spreads and zero-fee deposits, making this one of the closest matchups in the industry. Eightcap edges ahead on regulatory strength, while Axi appeals to budget-conscious beginners with its $0 minimum deposit.
Triple-regulated trading with tight spreads and full MT4/MT5 flexibility.
Zero minimum deposit and a decade-plus track record make Axi a beginner-friendly entry point.
Core features compared head-to-head.
| Feature | E Eightcap | A Axi |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.6 / 5 |
| Founded | 2009 | 2007 |
| Headquarters | Melbourne, Australia | Sydney, Australia |
| Regulation | ASIC, FCA, CySEC | ASIC, FCA |
| Fees & Limits | ||
| Min Deposit | $100 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | $3.5/lot | $3.5/lot |
| Max Leverage | 1:500 | 1:500 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5 | MT4, Proprietary Mobile |
| Markets Offered | Forex, Cfd, Crypto, Indices, Commodities | Forex, Cfd, Stocks, Indices, Commodities, Crypto |
Eightcap
$100
Axi
$0
Eightcap
0 pips
Axi
0 pips
Eightcap
$3.5/lot
Axi
$3.5/lot
Eightcap
None
Axi
None
Eightcap
None
Axi
None
Eightcap and Axi finish in a near dead-heat, each earning an overall rating of 3.6 out of 5 in our independent research. Eightcap pulls slightly ahead for traders who prioritize regulatory depth and low-cost trading, holding three tier-1 licences compared to Axi's two. That said, Axi remains an excellent alternative for newer traders thanks to its $0 minimum deposit and long-standing reputation dating back to 2007. Ultimately, for most active traders seeking the strongest all-round package, Eightcap is the marginally stronger pick, but Axi is far from a compromise.
Both brokers operate under credible tier-1 oversight, but Eightcap holds a slight edge with three regulatory licences — ASIC, FCA, and CySEC — compared to Axi's two, ASIC and FCA.
Additional licensing generally translates to broader jurisdictional coverage and more layers of client fund protection, which matters for traders operating across different regions.
Axi is not far behind, however, and its regulatory footprint is still considered robust by industry standards. Neither broker raises red flags on safety or fund segregation practices.
Both brokers advertise spreads starting from 0 pips and charge an identical commission structure of $3.5 per lot on their raw-spread account types.
Neither broker charges deposit or withdrawal fees, which is a meaningful cost saver for frequent traders moving funds in and out of their accounts.
Where Eightcap distinguishes itself is in overall cost efficiency once combined with its regulatory tier, earning it our 'Best for Low Fees' distinction. Axi's costs remain competitive but don't quite match Eightcap's edge in this category.
Axi is the clear winner here, requiring no minimum deposit at all, making it exceptionally accessible for beginners or those wanting to test the platform with minimal capital at risk.
Eightcap requires a $100 minimum deposit, which is still modest by industry norms but represents a real barrier compared to Axi's zero-dollar entry point.
For cost-conscious newcomers or those trading with a smaller starting bankroll, Axi's structure is more forgiving and explains its 'Best for Beginners' award.
Eightcap supports both MetaTrader 4 and MetaTrader 5, giving traders access to the more advanced order types, timeframes, and algorithmic trading tools available on MT5.
Axi offers MetaTrader 4 alongside its own Proprietary Mobile platform, which suits traders who prefer a simplified, broker-branded mobile-first experience.
Traders who rely on expert advisors, custom indicators, or multi-asset charting will likely prefer Eightcap's dual MT4/MT5 offering, while Axi's mobile app appeals to those trading on the go.
Axi offers a slightly broader market selection, including Forex, CFDs, Stocks, Indices, Commodities, and Crypto — six asset classes in total.
Eightcap covers Forex, CFDs, Crypto, Indices, and Commodities, missing direct stock exposure that Axi provides.
Investors wanting single-stock CFD exposure alongside forex trading may lean toward Axi, while pure forex and crypto traders will find Eightcap's offering more than sufficient.
Axi has been operating since 2007, giving it a two-year head start over Eightcap, which was founded in 2009. Both brokers are headquartered in Australia — Axi in Sydney and Eightcap in Melbourne.
Longevity in the brokerage industry often correlates with operational stability, and Axi's longer track record is a point in its favor for risk-averse traders.
Despite the shorter history, Eightcap has built a strong reputation and matched Axi's overall rating, suggesting its growth and service quality have kept pace with more established rivals.
The bottom line — category winners and our final pick based on ratings.
Eightcap and Axi are evenly matched in our ratings — your best choice depends on your specific trading style and platform preference.
Visit EightcapCategory winners
Overall winner
Based on overall expert rating (3.6/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.