Axi vs Openbank 2026: which is better?
We compared Axi and Openbank on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Axi holds 4 licences from strong regulators, against 0 for Openbank.
- Axi offers a swap-free Islamic account; Openbank does not.
- Axi offers copy trading; Openbank does not.
- Axi offers MetaTrader 4, MetaTrader 5, which Openbank does not.
Comparison table
| Comparison table |
Axi
Broker
|
Openbank Broker |
|---|---|---|
| Licences | FCA, ASIC, DFSA, FMA, CySEC Best | BdE |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:1000 | — |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, Axi Trading Platform | Openbank App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | — |
| Copy trading | ✓ Yes | — |
| Founded | 2007 | 1995 |
| Headquarters | Sydney, Australia | Boadilla del Monte (Madrid), Spain |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Axi if you
- want more licences from strong regulators
- need a swap-free Islamic account
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Axi or Openbank?
We compared Axi and Openbank on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Axi holds 4 licences from strong regulators, against 0 for Openbank. Axi offers a swap-free Islamic account; Openbank does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Axi and Openbank regulated?
Axi licences: FCA, CySEC, ASIC, DFSA, FMA. Openbank licences: BdE.
What is the minimum deposit at Axi and Openbank?
Axi: $0. Openbank: not available.
Do Axi and Openbank offer an Islamic account?
Axi: Yes. Openbank: No.