
Developed and published by Sega in 1989. The most well-known conversion, it sacrifices the rich palette and some graphical tweaks of the more powerful System 16 arcade hardware, but, like other home versions, it includes two additional stages and the new The Duel mode.

Developed by Sega and published by Sega of America in 1990. This version did not feature the additional stages and modes of most home conversions. Instead of three characters there is only one, Tarik (a renamed Ax Battler), and the player can choose which of the three original characters' magic he uses. The game also features a tweaked storyline and additional artwork cutscenes. Unfortunately the actual game is plagued by an unstable framerate, uneven hit detection, and a dull palette. It also has no multiplayer, and lacks the additional modes and stages of other conversions.
Developed and released by Sega in 1989. This is the the Sega Genesis version running on Sega's Genesis-based Mega-Tech arcade hardware. Since the games were completely unaltered from their home equivalents players paid for time, not lives or credits.
Developed by Sega and published by Virgin Games, Inc. in 1990. Despite the graphics not being as accurate as the MS-DOS version it was otherwise more faithful to the arcade original, and even included Alex's death scene (which all other versions depict through text).
Ported by John and Kenn Sanderson and published by Sega in 1990. This version includes the usual home conversion features and a palette very similar to the arcade original (although the graphics themselves are still simplified). This version supported various types of graphics cards with varying degrees of graphics quality. There was also a "Super Golden Axe" bootleg that included a batch file to enable playing as enemies.
Developed by Sega and published by Virgin Games, Inc. in 1990.
Developed by Sega and published by Virgin Games, Inc. in 1990.
Developed by Sega and published by Virgin Games, Inc. in 1990.
Developed by Sega and published by Virgin Games, Inc. in 1990.
Developed and released by Sega in 1992 as part of Sega Classics Arcade Collection (and in 1993 as part of the five-game version of this compilation). This is mostly identical to the Sega Genesis version but features arcade-quality music taken from the official soundtrack. Unfortunately the enemy death cries have been replaced with new ones—enemies now say "ouch!" (somewhat like Golden Axe II's "bleh!").

This version features anime-style cutscenes and CD-quality music, but the gameplay is not up to the same standards.

Developed and published by Sega on April 30, 2001 as part of Sega Smash Pack Volume 1. This is the Sega Genesis version running under emulation.
Unfortunately, while the gameplay remains faithful the Z80 sound emulation is completely broken, making the game sound not unlike the Sega Master System version.
Developed and published by Sega in 1998 as part of the Sega Smash Pack. This is the Sega Genesis version running under emulation, rather than the MS-DOS version.

Developed by Sega and released by Bandai Co., Ltd. on February 28, 2002. This version includes additional difficulty levels.
Developed by Sega and released by Lavastorm on January 1, 2004. This is the Sega Genesis version running under emulation. No multiplayer. Due to the differences in screen resolution between the two platforms this port provides a couple of stretch settings.
Developed by Sega and published by THQ, Inc. on September 24, 2002 as part of Sega Smash Pack (Game Boy Advance). This is a port of the Sega Genesis version, but further sacrifices have been made (for instance in the Sega Genesis version the king and princess were lowered to the ground while in this version they simply appear there). It also has no multiplayer.
Developed by Sega and licensed by GameTap. This is the Sega Genesis version running under emulation.
Developed by Sega and licensed by GameTap. This is the original arcade version running under emulation.

Developed by Backbone Entertainment and released by Sega on November 7, 2006 as part of the Sega Genesis Collection. As the name implies, this is the Sega Genesis version running under emulation. Not to be confused with the SEGA AGES 2500 Vol. 5: Golden Axe remake.

Developed by Sega and released by Nintendo in 2006. This is the Sega Genesis version running under emulation.
Released by Sega on July 10, 2007. This is an enhanced edition of the arcade version. As with other Xbox Live Arcade titles it includes optional graphics and sound improvement settings. It also includes online co-op via Xbox Live as well as 12 Achievements worth a total of 200 Gamer Points.
Released by Sega on May 1, 2008. Like many mobile games the screen space is limited, the controls poorly arranged and unresponsive, and the gameplay suffers from a noticeable amount of slowdown. There is no multiplayer.