Written by ForexBrokers.com
In this head to head comparison of Tickmill vs Axi, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Tickmill and Axi are two popular online brokers offering trading services to investors and traders. Founded in 2014, Tickmill has quickly established itself in the market, while Axi, established in 2007, has a bit more experience under its belt. Interestingly, both brokers are not publicly traded and neither operates as a bank. When it comes to regulatory standing, Tickmill secures two Tier-1 licenses alongside two Tier-2 licenses, marking them highly trusted with a ForexBrokers.com Trust Score of 86 out of 99. Similarly, Axi holds two Tier-1 licenses and one Tier-2 license, giving it a Trust Score of 82, which also indicates a trusted status by ForexBrokers.com standards.
Though similarly recognized in terms of high trustworthiness through their Tier-1 licenses, the distinction in their Trust Scores highlights subtle differences in perceived security and regulation. Whether you're drawn to Tickmill's slightly higher Trust Score or Axi's longevity in the sector, both brokers present credible options for your trading pursuits underlined by a strong reputation in regulatory compliance.
| Feature |
Tickmill
|
Axi
|
|---|---|---|
| Year Founded | 2014 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers Tickmill and Axi, Tickmill emerges as an excellent choice for active traders. Offering both Classic and Raw accounts, Tickmill has introduced a new commission structure for its Raw account, which now charges $3 per side—an increase from the previous $2 per side. Despite this change, Tickmill maintains low average spreads and competitive all-in costs, making it appealing for frequent trading. The Classic account remains commission-free, but features a higher average spread of 1.76 pips, while the Raw account offers tighter spreads, particularly a typical spread of 0.11 pips for the EUR/USD as of October 2023. Ultimately, Tickmill's Raw account, with its low-cost entry barrier of just $100, remains attractive due to its combination of competitive spreads and favorable execution policies.
In contrast, Axi struggles with a lack of average spread data, which makes direct comparison challenging. However, it is evident that Axi does not compete as closely in this regard. Rated 4 out of 5 stars for commissions and fees, Axi ranks #44 out of 63 brokers according to ForexBrokers.com. Tickmill, on the other hand, receives a full 5-star rating for commissions and fees, placing it at an impressive #4 in the same category, highlighting its appeal for traders seeking cost-efficiency.
Overall, Tickmill is better suited for those prioritizing low trading costs and efficient executions, especially if opting for the Raw account. Axi, while a decent broker, does not offer the same level of competitive pricing as Tickmill does, making it less favorable for cost-sensitive traders. With Tickmill's proven track record and strong ranking for commissions and fees, it stands out as the preferred broker for many within the trading community.
| Feature |
Tickmill
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.70 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Tickmill vs Axi for range of investments, Tickmill offers a wider selection overall with 637 tradeable symbols, while Axi lists 175. Both brokers focus on CFDs and do not let you buy exchange-traded stocks on U.S. or international exchanges. Each supports copy trading, which can help you mirror strategies from other traders.
For forex, both brokers provide trading as CFDs or spot contracts. Tickmill has 63 currency pairs, and Axi edges it with 65. Neither lets you buy actual cryptocurrency, but both offer crypto CFDs. In expert assessments, Tickmill and Axi each earn 3.5 stars for Range of Investments; Tickmill ranks 43rd out of 63 brokers, while Axi ranks 57th. Choose Tickmill if you want more symbols overall, or Axi if you want slightly more forex pairs.
| Feature |
Tickmill
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 175 |
| Forex Pairs (Total) | 63 | 65 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Comparing online brokers Tickmill and Axi on trading platforms and tools, both provide free demo (paper) accounts, offer Windows desktop and web-based platforms, and do not use proprietary platforms. Each supports MetaTrader 4 (MT4) and copy trading, plus the ability to place trades directly from charts. The key difference: Tickmill also offers MetaTrader 5 (MT5), while Axi does not—an important factor if you want MT5’s expanded features and symbols.
For quality scores, ForexBrokers.com rates Tickmill at 4 stars and Axi at 3.5 stars for platforms and tools, with Tickmill ranked #30 and Axi ranked #64 in this category. Because both brokers rely on third-party platforms, the number of indicators and watchlist fields can vary by your MetaTrader setup and add-ons. If MT5 access matters, Tickmill is the clear pick; if you’re focused on MT4 with copy trading and web/desktop access, both brokers fit the bill.
| Feature |
Tickmill
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 91 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and Axi both offer mobile trading apps for iPhone and Android, with forex and stock price alerts available on each. Their charting tools are similar, providing 30 technical studies and the ability to draw trendlines. A key difference: Tickmill’s app auto-saves your chart drawings, while Axi’s does not. Neither broker currently syncs watchlists between the mobile app and your online account.
When it comes to quality ratings, Tickmill earns 4 out of 5 stars and ranks #30 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, compared to Axi’s 3.5 stars and #60 ranking. If auto-saving chart annotations and a higher industry ranking matter to you, Tickmill has the edge. If you just need iPhone/Android access with alerts and solid chart studies, Axi can still fit the bill.
| Feature |
Tickmill
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing Tickmill vs Axi for market research, Tickmill stands out with daily market commentary, a 4-star research rating, and a higher category rank (#21 of 63) than Axi’s 3 stars and #56. Both brokers stream forex news from top-tier sources and include an economic calendar, but Tickmill adds a sentiment tool and coverage from Acuity Trading’s suite (e.g., Signal Centre), helping traders turn headlines and events into ideas.
Axi counters with access to Autochartist for technical and fundamental scans, plus its own sentiment tool. Neither broker integrates Trading Central. Tickmill does not offer TipRanks, and Axi’s support for TipRanks and Acuity Trading is not specified. If you want daily commentary and Acuity-driven signals, Tickmill is the better fit; if you value Autochartist pattern recognition within the platform, Axi has the edge.
| Feature |
Tickmill
|
Axi
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Tickmill vs Axi for beginner education, both brokers provide a strong starting point for learning forex and CFD trading. Each offers at least 10 beginner-focused videos that explain key concepts in simple terms, and both host client webinars at least once per month. This blend of on-demand videos and live sessions helps new traders build confidence, learn at their own pace, and get questions answered in real time.
The difference shows up as you advance. Tickmill supplies at least 10 advanced trading videos, giving you more room to grow beyond the basics, while Axi does not meet that threshold. That gap is reflected in independent scores: Tickmill holds a 4-star Education rating and ranks #15 out of 63 brokers at ForexBrokers.com, whereas Axi earns 3 stars and ranks #27. For beginners, both are solid choices, but Tickmill is better suited if you want education that supports you from first steps to more advanced strategies.
| Feature |
Tickmill
|
Axi
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than Axi. Tickmill finished with an overall rank of #22, while Axi finished with an overall rank of #49.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
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Axi
|
|---|---|---|
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| Trust Score | 86 | 82 |
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Comparing online brokers Tickmill and Axi: neither supports buying actual (delivered) cryptocurrencies, but both offer trading in cryptocurrency CFDs.
In the Tickmill vs Axi comparison of deposit and withdrawal options, both do not support ACH/SEPA; Tickmill offers PayPal, Skrill, and bank wires, while Axi’s availability for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Tickmill | Axi | |
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| Trust Score | 86 | 82 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | Axi | |
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| Regulation | Tickmill | Axi | |
|---|---|---|---|
| Trust Score | 86 | 82 | |
| Year Founded | 2014 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Tickmill | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 175 | |
| Forex Pairs (Total) | 63 | 65 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Tickmill | Axi | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.70 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Tickmill | Axi | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Tickmill | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Tickmill | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 91 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Tickmill | Axi | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | Axi | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Tickmill Review |
| Overall | Tickmill | Axi | |
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| Trust Score | 86 | 82 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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