Axi vs FxPro — which broker is better?

Pros

• Pro account at USD 4.50 round turn per standard lot on 0.0-pip spreads, available from a USD 100 minimum rather than a five-figure balance
• Proprietary Axi Trading Platform covers 650+ markets with TradingView charting built in and true web-to-mobile position sync
• Three distinct crypto routes — CFDs to 200:1, perpetual futures on around 150 coins, and spot crypto you actually own
• Eleven account base currencies including CHF, PLN, HKD, JPY and SGD, which removes a conversion step for non-euro clients
• 24/7 support in 17 languages across live chat, phone, email and WhatsApp — better coverage than most brokers this size
• Axi Select funded-trader programme is free to join, with six stages from USD 5,000 to USD 1,000,000 and profit splits rising to 80%
• Long operating history since 2007 with tier-1 ASIC and FCA licences alongside a DFSA licence in the DIFC
• Copy trading via a dedicated app where copiers control their own sizing and risk rather than buying into a managed pool

Cons

• Most international clients are booked with AxiTrader LLC in St Vincent and the Grenadines — no prudential supervision, no compensation scheme, and The Financial Commission rather than a regulator as escalation
• We found no EEA-licensed Axi entity in its published legal documentation, so EU residents are contracting offshore by default
• An inactivity fee applies after 12 months of dormancy but the amount is disclosed only in the Product Schedule, never on the public fees page
• Leverage up to 1000:1 on the offshore entity, and 200:1 on crypto CFDs, is a retail-harm profile rather than a genuine benefit
• No real shares, no ETF units you can own, no bonds, no funds and no listed options — the equity and ETF range is CFD-only
• No German Abgeltungsteuer or Austrian KESt withholding, and Axi's own UK disclosures show 66–72% of retail accounts losing money

Pros

• FCA authorisation under firm reference 509956 with FSCS cover to GBP 85,000, plus a CySEC licence (078/07) for EU clients with EUR 20,000 ICF cover.
• Five trading platforms — cTrader, MT4, MT5, TradingView and FxPro Edge — which is more genuine choice than almost any comparable CFD broker offers.
• cTrader support is first-class: Level II depth of market, C# cBots and an execution model that shows you the commission instead of burying it in the spread.
• Raw+ and cTrader accounts charge USD 3.50 per lot per side (USD 7.00 round turn) on FX and metals — transparent, and competitive with the raw-spread mainstream.
• More than 2,100 instruments including roughly 2,000 share CFDs, 70 FX pairs, 28 crypto CFDs and CFDs on energy and agricultural futures.
• Eight base currencies (USD, EUR, GBP, CHF, JPY, PLN, AUD, ZAR) and twelve funding routes including PayPal, Skrill, Neteller and crypto, with no fees charged by FxPro.
• Support is 24/5 in a dozen languages and reachable by WhatsApp and Telegram as well as the usual phone, email and chat.

Cons

• The Standard account is not cheap: EUR/USD averages around 1.4 pips with independent measurements running as high as 1.6, well above a raw-spread account's all-in cost.
• Inactivity charges start early — a one-off USD 15 after six months, then USD 5 every month the account stays dormant and funded.
• Everything is a CFD. There are no real shares, no ETFs you can hold, no bonds and no exchange-listed futures — only derivatives with overnight financing attached.
• Education is the weakest dimension: adequate video and article material, but well behind brokers that treat beginner training as a product.
• FxPro Edge, the proprietary platform, has no mobile version, so the mobile experience falls back to a comparatively basic app.
• The offshore Bahamas entity offers much higher leverage than the FCA and CySEC books, which means the protections you get depend heavily on which entity onboards you.