Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| LMAX | Axi | |
|---|---|---|
| Overall score | 3.36 / 5 | 3.29 / 5 |
| Regulation | CySEC No. 310/16 + FCA-licensed (FRN unconfirmed) FCA-licensed; firm reference number not independently confirmed. |
FCA No. 466201 The FCA has published a warning about a clone firm ("AXI Corp Limited") impersonating this genuine authorised UK firm -- verify you are dealing with Axi Financial Services (UK) Limited specifically. |
| Entity | LMAX Broker Europe Ltd | Axi Financial Services (UK) Limited |
| Founded | 2010 | 2007 |
| Headquarters | London, United Kingdom (LMAX Group parent, set up by Betfair/Goldman Sachs alumni); LMAX Broker Europe Ltd is the CySEC-licensed Cyprus entity serving EU retail clients | Sydney, Australia |
| Minimum deposit | $10,000 | Not independently confirmed |
| Avg. spread (EUR/USD) | 0.3 pips | Not independently confirmed |
| Platforms | MT4, MT5, Proprietary (LMAX Trader) | MT4 |
| Other Tier-1 regulators | None confirmed | ASIC, DFSA, FMA |
| Instruments | LMAX publishes a specific, independently reported range rather than a vague estimate: 100+ instruments across forex, spot metals (bullion), equity indices, commodities, and cryptocurrency CFDs, plus a "Weekend FX" product (cash-settled FX CFDs tradable over the weekend). No shares/stock CFDs were found in any source. | 220+ instruments across forex (70+), commodities (15+), indices (30+), shares (50-60+), and crypto CFDs (30+), per third-party reviews; no official count found on Axi's own site. |
| Visit | Visit LMAX | Visit Axi |
Full LMAX review → · Full Axi review → · Compare different brokers →