Axi vs City Index
Side-by-side comparison of regulation, trading costs, platforms, and account types for Axi and City Index.
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.
City IndexTrust 8.6/10
FCA
ASIC
Long-established UK broker (operating since 1983) now part of NYSE-listed StoneX Group. Mature proprietary AT Pro platform alongside MT4 and TradingView, with FCA and ASIC oversight.
Quick verdict
- Trust: City Index has the higher trust score.
- EUR/USD spread: Axi is tighter on EUR/USD.
Side-by-side comparison
| Feature | Axi | City Index |
|---|---|---|
| Trust score | 8.5 | 8.6 |
| Regulators | ASIC, FCA, DFSA, FMA-NZ | FCA, ASIC |
| Headquarters | — | United Kingdom |
| Founded | — | 1983 |
| Min deposit | $0.00 | $0.00 |
| Max leverage | 1:500 | 1:30 |
| EUR/USD spread | 0.10 pips | 0.50 pips |
| Commission per lot | $7 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | Bank Wire, Credit/Debit Card, PayPal |
| Withdrawal methods | — | Bank Wire, Credit/Debit Card, PayPal |
| Withdrawal speed | — | 24h |
| Base currencies | — | USD, EUR, GBP, AUD |
Axi is best for
NZ residents
Copy traders
AU residents wanting FMA-NZ option
City Index is best for
Day traders
Swing traders
Stock CFD traders