vs
Axi vs FxPro
Same instrument, same window, both on our own accounts. Green is the better number on that axis — it lands on whichever side earned it.
EUR/USD · 27.08–25.09 · profile 10 lots a month
| Axis | Axi |
FxPro |
|---|---|---|
| Annual cost | $1 435🔬 our measurementderived · 27.08–25.09 | $1 554🔬 our measurementderived · 27.08–25.09 |
| Avg spread, 24 h | 0.45 pips🔬 our measurement1 s bid/ask · 27.08–25.09 | 0.55 pips🔬 our measurement1 s bid/ask · 27.08–25.09 |
| Spread 21:00–24:00 UTC | 1.95 pips🔬 our measurement1 s bid/ask · 27.08–25.09 | 2.02 pips🔬 our measurement1 s bid/ask · 27.08–25.09 |
| Commission per lot | $7.00📄 stated by the brokerfee schedule · checked 25.09.26 | $7.00📄 stated by the brokerfee schedule · checked 25.09.26 |
| Swap per year | $55🔬 our measurementMT5 swap log · 27.08–25.09 | $49🔬 our measurementMT5 swap log · 27.08–25.09 |
| Rejected orders | 0.7%🔬 our measurement4 795 orders · 27.08–25.09 | 0.4%🔬 our measurement4 823 orders · 27.08–25.09 |
| Slippage on releases | 1.2 pips🔬 our measurement209 release orders · 27.08–25.09 | 0.8 pips🔬 our measurement214 release orders · 27.08–25.09 |
| Withdrawal fee | $0📄 stated by the brokerfee schedule · checked 25.09.26 | $0📄 stated by the brokerfee schedule · checked 25.09.26 |
| Withdrawal time | no datanot measured in this release | no datanot measured in this release |
| Support response | no datanot measured · see methodology | no datanot measured · see methodology |
Axi is measured here and named in full. It is not linked — we have no commercial relationship with it, and we are not going to pretend otherwise by sending you there.
Opening an account through this link earns the desk a commission. It buys placement and nothing else: not a figure, not a ranking position, not the removal of a loss.
Putting the two columns into dollars
A row of green on one side is not a verdict. These eight axes measure different things with different price tags, and the only way to compare them is to put them in money.
On annual cost of ownership, Axi is $118 a year cheaper at 10 lots a month — $1 435 at Axi against $1 554 at FxPro. Inside those totals, Axi pays $540 in spread and $840 in commission, while FxPro pays $665 and $840. Swap adds $55 and $49 respectively, and that line moves with how long positions stay open rather than with how often they are opened.
The execution axes do not agree with the cost axis. FxPro rejected 0.4% of our orders against Axi's 0.7%, and slipped 0.8 pips on release-timed orders against 1.2. Those are the axes nobody puts in a comparison table, because they cannot be read off a website — they require sending thousands of real orders and recording what came back.
Converting that into money depends on your strategy. A rejected order in a quiet hour costs a retry; a rejected order in the seconds after a rate decision, when the price has already moved, can cost more than a year of the spread difference above. The difference in slippage between these two accounts — 0.4 pips on a release order, roughly $4 per lot — is charged every time one is placed into that window.
Neither account is “better”. A high-volume day trader who is flat overnight should weight the commission and the rollover spread; somebody holding positions through news should weight slippage and rejects, where the cheaper account here is not necessarily the stronger one. That is why nothing here is bolded into a recommendation.
The eight axes, one at a time
The same eight axes as the table, unrolled into sentences, with the winner named on each. There is no overall score: inventing one would let us bury a loss inside an average.
The whole bill for a year at the profile printed above. It exists because the two account models on this site hide their cost in different places.
Axi is ahead: $1 435 against $1 554 at FxPro, 8% worse. derived · 27.08–25.09.
Bid-ask distance, sampled each second and averaged. On a raw account it sits near zero much of the time and cannot be read alone.
Axi is ahead: 0.45 pips against 0.55 pips at FxPro, 23% worse. 1 s bid/ask · 27.08–25.09.
Spread during the three hours around the daily roll, when the banks step back and every account in this table gets worse.
Axi is ahead: 1.95 pips against 2.02 pips at FxPro, 3% worse. 1 s bid/ask · 27.08–25.09.
What the fee schedule says a lot costs. This one is 📄 rather than 🔬 — we read it, we did not measure it, except where a real trade confirmed it.
Identical on this axis: both at $7.00. Nothing to choose between them here.
Financing on positions held through the roll, annualised. The one component that does not move with volume.
FxPro is ahead: $49 against $55 at Axi, 12% worse. MT5 swap log · 27.08–25.09.
How often the broker said no, by its own status codes. Our timeouts are filed separately so they cannot inflate this figure.
FxPro is ahead: 0.4% against 0.7% at Axi, 75% worse. 4 823 orders · 27.08–25.09.
Where the fill landed against the request, on orders aimed deliberately at news releases — the minutes in which execution quality actually differs.
FxPro is ahead: 0.8 pips against 1.2 pips at Axi, 50% worse. 214 release orders · 27.08–25.09.
What the published schedule charges to withdraw. How long a withdrawal takes is not measured by us at all.
Identical on this axis: both at $0. Nothing to choose between them here.
Who the two of them are
The figures above belong to an account, the protections below to a company. Those are different objects, and the difference is the most consequential thing on a page like this: two clients of the same brand, onboarded through different entities, can have identical platforms, identical spreads and materially different protection if the firm fails.
not established — no account opened yet. A brand can hold a European licence and an offshore one at once, and the client protections are not comparable, so we do not guess which one holds an account.
⚠️ not confirmed as the entity holding our account · public register
For a confirmed entity, the broker's page quotes the regulator on four things: the compensation ceiling, the leverage cap, when positions are closed out, and whether a loss can exceed the deposit. Where it is not confirmed, that section says so, and the figures here stand on their own as a record of the account we opened.
How this pair was measured
One codebase, one window, one instrument, both accounts. Most contradictions between published broker comparisons dissolve the moment you check whether the two figures were taken in the same month on the same pair.
Here it is EUR/USD on both sides, 2026-08-27 to 2026-09-25 continuous, on the Pro · MT5 account at Axi against the Raw+ · MT5 account at FxPro — both opened through the ordinary retail sign-up, both running on the broker's own MetaTrader 5 build on hardware that does not sleep.
The order counts behind the execution axes are 4 795 orders at Axi and 4 823 at FxPro of which 209 and 214 respectively were timed into the minutes around scheduled releases. Those counts matter: a difference of a few tenths of a per cent in rejections means nothing on a hundred orders and quite a lot on several thousand.
Two limits worth stating. EUR/USD is the easiest pair in the world to quote tightly, so this is a comparison on the brokers' best ground; and a window is a window — neither firm is contractually obliged to behave next month as it did last. Hence the window printed beside every number rather than declared once in small print.
Where the two lines cross
Both of these accounts charge a fixed amount per lot and a fixed amount per year, so the annual bill is a straight line in volume. Our headline profile — 10 lots a month — is one point on it, and a reader who trades a tenth or ten times that is reading the wrong point. Here is the same arithmetic at six volumes, with our profile marked.
| Lots a month | Axi | FxPro | Difference |
|---|---|---|---|
| 1 | $193 | $199 | Axi cheaper by $6 |
| 5 | $745 | $801 | Axi cheaper by $56 |
| 10 | $1 435 | $1 554 | Axi cheaper by $119 |
| 25 | $3 505 | $3 810 | Axi cheaper by $305 |
| 50 | $6 955 | $7 572 | Axi cheaper by $617 |
| 100 | $13 855 | $15 094 | Axi cheaper by $1 239 |
Spread × $10 per pip per lot, plus commission per lot, plus a year of swap · 27.08–25.09 · the swap line does not scale with volume, which is what makes the lines cross at all
The two lines cross at about 0.5 lots a month. Below that volume the account with the smaller fixed cost wins; above it the one with the smaller per-lot cost does. Per lot traded, Axi costs $11.50 against FxPro's $12.54, while the yearly swap differs by $6 in the other direction. That is the whole mechanism: one account is cheaper to use, the other is cheaper to keep.
Read it with two caveats: the spread is the one we measured on retail size, and spreads do not stay constant as size grows. And it assumes you trade in the hours we measured: on both accounts the rollover spread is a multiple of the daytime figure, so a strategy living in those minutes pays a bill this table understates.
The rollover penalty, priced
The annual figures above use each account average across all hours. Nobody trades all hours, and the thin ones are much more expensive than the rest. Axi goes from 0.45 to 1.95 pips in that window; FxPro from 0.55 to 2.02. Below is the same annual sum with a share of the volume moved into those hours.
| Volume traded in 21:00–24:00 UTC | Axi | FxPro | Difference |
|---|---|---|---|
| 0% | $1 435 | $1 554 | Axi cheaper by $119 |
| 20% | $1 795 | $1 905 | Axi cheaper by $110 |
| 50% | $2 335 | $2 431 | Axi cheaper by $96 |
Spread blended between the window mean and the rollover mean in the stated proportion · commission and swap unchanged · 10 lots a month
At a fifth of the volume in the thin hours, the penalty is $360 a year on Axi and $351 on FxPro — Axi carries the heavier one. No broker publishes this number, and it can be larger than the whole difference between the two accounts on cost.
This is a blend, not a simulation: your remaining volume is assumed to look like our average, and a single bad night around a release can cost more than the whole annual penalty above.
Where this pair sits in the population
This pairing is a slice of a larger table, and a slice can hide the fact that both of its members are beaten elsewhere. So here are the same two accounts placed against every account we measure, axis by axis. FxPro leads the whole table on rejected orders; FxPro leads the whole table on slippage on releases.
| Axis | Axi | FxPro | Best in the table |
|---|---|---|---|
| Annual cost | 5 of 10 | 7 of 10 | best in table $1 108 |
| Avg spread, 24 h | 5 of 10 | 7 of 10 | best in table 0.28 pips |
| Spread 21:00–24:00 UTC | 5 of 10 | 6 of 10 | best in table 1.22 pips |
| Commission per lot | 6 of 10 | 6 of 10 | best in table $0.00 |
| Swap per year | 3 of 10 | 2 of 10 | best in table $0 |
| Rejected orders | 2 of 9 | 1 of 9 | best in table 0.4% |
| Slippage on releases | 2 of 9 | 1 of 9 | best in table 0.8 pips |
| Withdrawal fee | 1 of 9 | 1 of 9 | best in table $0 |
Placings inside one source class · 27.08–25.09 · the full ranking is on the brokers page
If the only question is which account bills least, the front page answers it in one sort and this comparison is unnecessary.
What this page is not
Nothing here recommends either broker. It is a measurement of two accounts in one window, written by a desk with a commercial interest in exactly one of them — FxPro pays us, Axi does not. Knowing that is part of reading it: the method is written out at length because the incentive runs one way and the only defence is making the figures checkable.
Withdrawal time, support quality, platform stability under load, the behaviour of a swap-free account over months, and what either firm does when a client disputes a fill are all absent — some because we have not measured them, some because they cannot be measured from outside. “Which broker is better” is a much larger claim than anything on this page, and it is not one a measurement can settle.
Questions about this pairing
Which of the two is actually cheaper?
Axi, by $118 a year at 10 lots a month of EUR/USD. The components are printed on each broker's own page, so the sum can be redone at your volume.
Why compare against the broker that pays you?
Because that is the comparison a reader needs and the one a sponsored site avoids. FxPro pays us a commission on accounts opened through our link, so every page here puts it against another broker on all eight axes and leaves the loss where it falls. On cost it currently loses to Axi.
Is Axi linked anywhere on this page?
No. We are not an affiliate of this broker; it is named and measured, not promoted. It is linked to its entry in the public register where we have one, and the sponsored link on this site goes to one broker only.
What would change this comparison?
Mostly volume - then holding period, then the hours of the day you are active. The per-lot charge follows volume, the swap follows time held, and the spread gap between these two widens sharply in the thin hours.