AvaTrade vs Axi Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of AvaTrade and Axi
| Broker | AvaTrade | Axi |
|---|---|---|
| Rating | 4.7/5 | 4/5 |
| Foundation Year | 2005 | 2006 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | Axi Review |
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
Axi is suitable for beginner traders who value education and simple tools. Experienced traders not trading on MT4 may find the broker less convenient.
AvaTrade Review
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
AvaTrade is in the top 10 of the following ratings:
Axi Review
Axi provides reliable and secure services in the Forex market. Thanks to regulation, extensive educational materials, and various trading tools, Axi has become an attractive choice for many traders.
However, it is crucial to consider the broker's disadvantages, such as limited choice of trading platforms, unstable quality of support, and inactivity fees. Based on this, Axi may be particularly suitable for beginners and intermediate traders looking for simple and intuitive trading tools and those who want to improve their skills and knowledge with educational materials.
Experienced traders who prefer to use other trading platforms besides MT4 may find Axi less suitable for their needs. Nevertheless, the company continues to offer stable services and competitive conditions, making it an attractive option for many traders in the Forex market.
Pros and Cons of Axi
Pros
- Axi is a licensed and regulated broker.
- An extensive set of educational resources.
- Convenient and useful trading tools.
- Variety of deposit and withdrawal methods.
Cons
- Limited choice of trading platforms.
- Demo account with limited duration.
- Inactivity fee.
Axi is in the top 10 of the following ratings:
Reliability
| Broker | AvaTrade | Axi |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2005 | 2006 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | SVGFSA SVGFSA ASIC ASIC NZ FMA NZ FMA DFSA DFSA FCA FCA |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
Axi
Axi is a reliable broker adhering to international standards, ensuring the protection of client funds.
Pros
- Regulated by leading authorities (FCA, ASIC, DFSA).
- Segregated bank accounts for fund protection.
- Strict compliance with international norms and regulations.
Account Opening
| Broker | AvaTrade | Axi |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
Axi
The account opening process at Axi is conveniently and efficiently organized.
Pros
- Intuitive process.
- Clear structure and breakdown by stages.
Cons
- Verification can take some time.
Account Types
| Broker | AvaTrade | Axi |
|---|---|---|
| Account Types | 3.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AvaTrade
AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.
Pros
- A free demo account is available.
- An Islamic account option is provided.
- The ability to copy trades.
Cons
- Lack of market execution of orders.
- No cent accounts.
- No fixed spread accounts.
Axi
The variety of accounts offered by broker Axi provides a range of options for traders.
Pros
- Wide selection of account types.
- Availability of specialized accounts.
- Options for beginners and professionals.
Cons
- No accounts with fixed spreads.
- No cent accounts.
Commissions
| Broker | AvaTrade | Axi |
|---|---|---|
| Commissions | 4.5/5 | 3/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.2 |
| Commission per Lot | $3.5 |
AvaTrade
AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.
Pros
- Low spreads.
- No deposit/withdrawal fees.
Cons
- Inactivity fee.
Axi
Axi's commissions are at an average level, not standing out in the market with high or low rates.
Pros
- Transparent commission structure.
- No fees for deposits and withdrawals.
Cons
- Inactivity fee for the account.
Deposit and Withdrawal
| Broker | AvaTrade | Axi |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Account Funding Methods |
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AvaTrade
AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.
Pros
- Multiple methods for deposit and withdrawal.
- No commission on deposits and withdrawals.
- AvaTrade covers up to $100 of the bank transfer fee.
Cons
- Long processing time for bank transfers.
Axi
Deposit and withdrawal processes at broker Axi are highly rated due to flexibility and convenience.
Pros
- Wide range of deposit and withdrawal methods.
- No fees for most operations.
- Fast processing of requests (1-2 days).
Markets and Products
| Broker | AvaTrade | Axi |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 69 |
| Precious Metals | 7 | 8 |
| Energy Carriers | 5 | 5 |
| Soft Commodities | 7 | 3 |
| Indices | 46 | 31 |
| Stocks | 614 | 144 |
| ETF | 61 | - |
| Bonds | 2 | - |
| Cryptocurrency | 20 | 35 |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
Axi
Broker Axi offers a wide selection of markets and products, allowing for investment diversification.
Trading Platforms
| Broker | AvaTrade | Axi |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
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AvaTrade
AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.
Axi
Broker Axi provides the popular MT4 platform, but is limited to it, which may not satisfy all traders.
Analytics
| Broker | AvaTrade | Axi |
|---|---|---|
| Rating | 5/5 | 3/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
Axi
Axi broker's analytics are satisfactory but lack depth in analysis.
Pros
- A wide array of market analysis tools.
Cons
- Lack of in-depth analytical research.
- Shortage of expert opinions from in-house analysts.
Education
| Broker | AvaTrade | Axi |
|---|---|---|
| Rating | 5/5 | 4/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
Axi
Axi's educational materials offer diverse and high-quality content.
Pros
- A broad range of educational resources.
- Covers different levels of trader experience.
Cons
- Lack of personalized training.
- All materials are in English.
Customer Support
| Broker | AvaTrade | Axi |
|---|---|---|
| Rating | 5/5 | 3/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
Instagram
Twitter
Telegram
LinkedIn
TikTokAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
Axi
Axi's broker support shows mixed results.
Pros
- Variety of communication channels.
- 24/7 availability.
Cons
- Variable quality of service.
- There are negative reviews about the speed and efficiency of support.
