Axi vs FOREX.com 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 Axi and FOREX.com
| Broker | Axi | FOREX.com |
|---|---|---|
| Rating | 4/5 | 4.1/5 |
| Foundation Year | 2006 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:50 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Axi Review | FOREX.com Review |
Axi is suitable for beginner traders who value education and simple tools. Experienced traders not trading on MT4 may find the broker less convenient.
FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.
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:
FOREX.com Review
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
FOREX.com is in the top 10 of the following ratings:
Reliability
| Broker | Axi | FOREX.com |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2006 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Regulators | SVGFSA SVGFSA ASIC ASIC NZ FMA NZ FMA DFSA DFSA FCA FCA | CIMA CIMA FCA FCA CIRO CIRO CySEC CySEC NFA NFA CFTC CFTC SFC SFC JFSA JFSA MAS MAS ASIC ASIC |
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.
FOREX.com
The company is strictly regulated, has a long-standing market presence, and is open to investors.
Pros
- Broad global regulation.
- Long-term market presence.
- Parent company traded on NASDAQ.
Account Opening
| Broker | Axi | FOREX.com |
|---|---|---|
| Account Opening | 4.5/5 | 4/5 |
| Minimum Deposit |
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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.
FOREX.com
The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.
Pros
- Transparent registration process.
- Strict verification for security.
Cons
- Verification may take time.
- A lot of information is required.
Account Types
| Broker | Axi | FOREX.com |
|---|---|---|
| Account Types | 4/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:50 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
FOREX.com
FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.
Pros
- Direct Market Access account available.
- Demo account for strategy testing.
- The ability to trade on behalf of a company.
Cons
- No cent accounts.
- No Islamic accounts.
- No options for passive investing.
Commissions
| Broker | Axi | FOREX.com |
|---|---|---|
| Commissions | 3/5 | 2.2/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1.2 | 1.3 |
| Commission per Lot | $3.5 | $6.48 |
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.
FOREX.com
FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.
Pros
- Potential reduction in commissions with increased trading volume.
- Rebate program for major American traders.
- No fees for deposits and withdrawals.
Cons
- High transaction commission on DMA accounts.
- Inactivity fee.
- High swaps.
Deposit and Withdrawal
| Broker | Axi | FOREX.com |
|---|---|---|
| Rating | 5/5 | 4.3/5 |
| Account Funding Methods |
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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).
FOREX.com
FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.
Markets and Products
| Broker | Axi | FOREX.com |
|---|---|---|
| Markets and Products | 5/5 | 4.5/5 |
| Forex | 69 | 91 |
| Precious Metals | 8 | 16 |
| Energy Carriers | 5 | 14 |
| Soft Commodities | 3 | 22 |
| Indices | 31 | 54 |
| Stocks | 144 | 5500 |
| Cryptocurrency | 35 | 12 |
| ETF | - | 318 |
| Bonds | - | 14 |
Axi
Broker Axi offers a wide selection of markets and products, allowing for investment diversification.
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
Trading Platforms
| Broker | Axi | FOREX.com |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Trading Platforms |
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Axi
Broker Axi provides the popular MT4 platform, but is limited to it, which may not satisfy all traders.
FOREX.com
FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.
Analytics
| Broker | Axi | FOREX.com |
|---|---|---|
| Rating | 3/5 | 5/5 |
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.
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
Education
| Broker | Axi | FOREX.com |
|---|---|---|
| Rating | 4/5 | 5/5 |
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.
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
Customer Support
| Broker | Axi | FOREX.com |
|---|---|---|
| Rating | 3/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
Instagram
Twitter
Telegram
LinkedIn
TikTok
YouTubeAxi
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.
FOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
