Compare › Axi vs CMC Markets — Sri Lanka

Written by

Fact checked by

Alia Mehmood

📊

Data verified

September 2026

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Country

Sri Lanka

Complete Head-to-Head Comparison · 2026

Axi vs CMC Markets: A Detailed Comparison for Sri Lankan Traders

Q: Are Axi and CMC Markets regulated for Sri Lankan traders?

Yes, both brokers are regulated by top-tier authorities like the FCA (UK) and ASIC (Australia). Sri Lankan traders can open accounts with these entities, ensuring high safety of funds. However, neither broker is locally regulated by the SEC Sri Lanka, so traders must rely on international protections.

Q: Which broker offers lower trading costs for Sri Lankan forex traders?

Axi generally offers lower costs on forex, especially with its Raw account which has spreads from 0.0 pips plus a $7 commission per lot. CMC Markets has no commission but wider spreads (average 0.7 pips on EUR/USD). For high-volume traders, Axi is more cost-effective.

Q: Can Sri Lankan traders use MetaTrader on both brokers?

Yes, both Axi and CMC Markets offer MetaTrader 4 (MT4). Axi also provides MT5, while CMC's proprietary 'Next Generation' platform is its main offering. If you rely heavily on MetaTrader, Axi is more flexible, but CMC also supports MT4.

Which broker is better for Sri Lanka traders in 2026? Expert analysis across 12 categories.

Axi

FCA · ASIC · DFSA · Founded 2007

Open Account

CMC Markets

FCA · ASIC · MAS · Founded 1989

Open Account

Winner: Tied

Categories: 12 compared

For: Sri Lanka traders

Updated: July 2026

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Quick Verdict — Sri Lanka Traders

Best Overall

Axi & CMC Markets

Higher overall score & more features

Best Spreads

CMC Markets

Lower trading costs for scalpers

Islamic Accounts

Axi

Swap-free for Sri Lanka Muslims

Best for Beginners

Axi

Better education & support

$0 vs $0

Min deposit

1:1 vs 1:1

Max leverage

FCA vs FCA

Top regulator

4.2 vs 4.2

Our scores

Table of Contents

→ Overall Scores → Trading Costs → Account Types → Leverage → Instruments → Platforms → Execution Quality → Regulation & Safety → Deposits & Withdrawals → Islamic Accounts → Customer Support → Mobile App → Education & Research → User Reviews → Pros & Cons → Who Should Use?→ FAQ → Final Verdict

For traders in Sri Lanka, selecting the right online broker is critical to navigating global markets with confidence. Axi and CMC Markets are both well-established international brokers, but they offer distinctly different trading experiences. This comprehensive comparison examines their regulatory safeguards, cost structures, trading platforms, and account features to help Sri Lankan traders make an informed decision.

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Overall Scores Comparison

Axi

FCA · ASIC · DFSA

4.2

CompareBroker score

Winner

CMC Markets

FCA · ASIC · MAS

4.2

CompareBroker score

Trading Costs

Spreads, commissions

4.3

Tie

4.3

Platforms

MT4, MT5, cTrader, TV

3.9

Tie

3.9

Regulation

Safety, oversight

4.5

Tie

4.5

Deposits

Local payments

4.3

Tie

4.3

Customer Support

24/5, chat, phone

4.0

Tie

4.0

Education

Webinars, guides

3.9

4.3

WIN

Execution

Speed, slippage

4.3

WIN

4.0

Mobile App

iOS, Android

4.2

Tie

4.2

💹

Trading Costs - Spreads & Commissions

Instrument	Axi	CMC Markets	Winner
EUR/USD avg spread	0.09 pips + $3.5/lot	0.0 pips + $3.5/lot	CMC Markets
XAU/USD (Gold)	$0.14 typical	$0.12 typical	CMC Markets
GBP/USD avg spread	0.29 pips	0.23 pips	CMC Markets
Standard acc spread	from 1.0 pips	from 0.8 pips	CMC Markets
ECN commission	$3.5/lot/side	$3.5/lot/side	Tie
Min deposit	$0	$0	Tie

📂

Account Types Comparison

Account Type	Axi	CMC Markets
Standard account	✓	✓
ECN / Raw spread	✓	✓
Islamic (swap-free)	✓	✗
Demo account	✓	✓
PAMM / MAM account	✗	✗
Zero spread account	✓	✗
Copy trading	✗	✗
Min deposit	$0	$0

⚖️

Leverage Comparison - Sri Lanka Traders

Entity / Asset	Axi	CMC Markets
Sri Lanka (offshore)	Up to 1:1	Up to 1:1
Forex major pairs	1:1	1:1
Gold (XAU/USD)	1:200	1:200
Indices	1:100	1:100
Cryptocurrencies	1:2 to 1:10	1:2 to 1:10

Leverage Warning for Sri Lanka Traders

Traders in Sri Lanka typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.

📈

Trading Instruments - Assets Available

Asset Class	Axi	CMC Markets	Winner
Forex pairs	90+	65+	Axi
Gold (XAU/USD)	✓	✓	Tie
Oil (WTI/Brent)	✓	✓	Tie
Stock indices	25+ indices	20+ indices	Axi
Crypto CFDs	✗	20+	Axi
Stocks / Share CFDs	✗	1,700+	CMC Markets
ETFs	✗	✓	Tie

🖥️

Platforms Comparison

Platform	Axi	CMC Markets
MetaTrader 4 (MT4)	✓	✓
MetaTrader 5 (MT5)	✓	✓
cTrader	✗	✗
TradingView	✗	✗
Expert Advisors (EAs)	✓	✗
Scalping allowed	✓	✓
Hedging allowed	✓	✓

⚡

Execution Quality - Speed & Slippage

Factor	Axi	CMC Markets	Winner
Execution model	ECN/STP	True ECN	CMC Markets
Avg execution speed	~30ms	~40ms	Axi
Slippage	Very low	Very low	Tie
Requotes	Very rare	Very rare	Tie
Scalping allowed	✓	✓	Tie
EA / Bot trading	✓	✗	Tie

🛡️

Regulation & Safety for Sri Lanka Traders

Safety Factor	Axi	CMC Markets
Primary regulator	FCA	FCA
Top-tier regulated	✓	✓
Investor protection	✓	✓
Segregated funds	✓	✓
Neg. balance protection	✓	✓

Verify regulation independently

Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Sri Lanka traders may differ by entity.

💳

Deposits & Withdrawals for Sri Lanka

Payment Method	Axi	CMC Markets
Bank Wire Transfer	✓	✓
Visa / Mastercard	✓	✓
Skrill	✓	✓
Neteller	✓	✗
USDT / Crypto	✗	✗
Withdrawal time	Cards/e-wallets instant-few hours; bank wire up to 2 business days deposit, up to 5 days withdrawal; overall withdrawals processed within 48hrs	5 business days

☪️

Islamic Accounts - Swap-Free for Sri Lanka Muslims

Islamic Account Feature	Axi	CMC Markets
Swap-free available	✓	✗
Admin fee instead of swap	On some instruments	On some instruments
MT4 / MT5 supported	✓	✓
How to apply	Contact support	Contact support

Islamic Account Note

Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.

💬

Customer Support Comparison

Support Feature	Axi	CMC Markets	Winner
Live chat	✓	✓	Tie
Phone support	✓	✓	Tie
Email support	✓	✓	Tie
24/7 support	✗	✗	Tie
Response time (chat)	<2 minutes	<3 minutes	Axi

📱

Mobile App Comparison

Mobile Feature	Axi	CMC Markets	Winner
iOS App Store rating	4.5 stars	4.3 stars	Axi
Google Play rating	4.3 stars	4.2 stars	Axi
Biometric login	✓	✓	Tie
Push notifications	✓	✓	Tie
Full charting on mobile	✓	✓	Tie
TradingView mobile	✗	✗	Tie

📚

Education & Research Tools

Resource	Axi	CMC Markets	Winner
Video tutorials	100+ videos	50+ videos	Tie
Webinars (live)	✗	Monthly	Tie
Economic calendar	✗	✓	Tie
Market analysis	Daily	Basic	Axi

⭐

Real User Reviews - Trustpilot

Axi

☆☆☆☆☆

—

6,900 verified reviews

View on Trustpilot

CMC Markets

☆☆☆☆☆

—

3,200 verified reviews

View on Trustpilot

⚖️

Pros & Cons of Each Broker

Axi

Pros

+Top-tier regulated

+Islamic swap-free account

Cons

-No TradingView

-No 24/7 support

CMC Markets

Pros

+Top-tier regulated

Cons

-No TradingView

-No 24/7 support

👤

Who Should Use Which Broker? - Sri Lanka Guide

Choose Axi if you...

Are a beginner trader in Sri Lanka

Want TradingView integration

Have less than $200 to start

Want FCA regulation

Choose CMC Markets if you...

Are a beginner trader in Sri Lanka

Are a scalper or EA trader

Need PAMM/MAM accounts

Want True ECN regulation

❓

FAQ - Axi vs CMC Markets in Sri Lanka

Are Axi and CMC Markets regulated for Sri Lankan traders? +

Which broker offers lower trading costs for Sri Lankan forex traders? +

Can Sri Lankan traders use MetaTrader on both brokers? +

Final Verdict - Sri Lanka 2026

Axi & CMC Markets tied wins overall

After comparing 12 categories, Axi comes out ahead for most Sri Lanka traders.

Open Axi Open CMC Markets

Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.

Axi vs CMC Markets: A Detailed Comparison for Sri Lankan Traders

Quick Verdict — Sri Lanka Traders

Overall Scores Comparison

Trading Costs - Spreads & Commissions

Account Types Comparison

Leverage Comparison - Sri Lanka Traders

Trading Instruments - Assets Available

Platforms Comparison

Execution Quality - Speed & Slippage

Regulation & Safety for Sri Lanka Traders

Deposits & Withdrawals for Sri Lanka

Islamic Accounts - Swap-Free for Sri Lanka Muslims

Customer Support Comparison

Mobile App Comparison

Education & Research Tools

Real User Reviews - Trustpilot

Pros & Cons of Each Broker

Axi

CMC Markets

Who Should Use Which Broker? - Sri Lanka Guide

Choose Axi if you...

Choose CMC Markets if you...

FAQ - Axi vs CMC Markets in Sri Lanka

Final Verdict - Sri Lanka 2026

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