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Axi vs BlackBull Markets

Side-by-side comparison of regulation, trading costs, platforms, and account types for Axi and BlackBull Markets.

AxiTrust 8.5/10
ASIC
FCA
DFSA
FMA-NZ

AU broker (formerly AxiTrader, founded 2007). FMA-NZ regulated. Strong copy trading via Axi Select. Raw spreads with $7/lot commission.

BlackBull MarketsTrust 8.6/10
FMA-NZ
FSA-Seychelles

New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.

Quick verdict

  • Trust: BlackBull Markets has the higher trust score.
  • EUR/USD spread: Axi and BlackBull Markets have identical EUR/USD spreads.

Side-by-side comparison

FeatureAxiBlackBull Markets
Trust score8.58.6
RegulatorsASIC, FCA, DFSA, FMA-NZFMA-NZ, FSA-Seychelles
Headquarters
Founded
Min deposit$0.00$0.00
Max leverage1:5001:500
EUR/USD spread0.10 pips0.10 pips
Commission per lot$7$6
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methods
Withdrawal methods
Withdrawal speed
Base currencies

Axi is best for

NZ residents
Copy traders
AU residents wanting FMA-NZ option

BlackBull Markets is best for

NZ residents
cTrader users
Small-account starters