Axi vs OANDA Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Axi or OANDA?
Our pick: OANDA
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - OANDA looks preferable to Axi.
OANDA scored 4.3/5 and ranks 28 in our all Forex brokers list, whereas Axi has 4/5 and ranks 48.
This is not financial advice. See the full comparison below.
Who is Axi suitable for?
Axi is suitable for beginner traders who value education and simple tools. Experienced traders not trading on MT4 may find the broker less convenient.
Who is OANDA suitable for?
Oanda is suitable for beginners and experienced traders, thanks to quality analytics and various educational materials.
Comparison Table of Axi and OANDA
| Broker | Axi | OANDA |
|---|---|---|
| Rating | 4/5 | 4.3/5 |
| Foundation Year | 2006 | 2001 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:200 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | Axi Review | OANDA Review |
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:
OANDA Review
Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.
With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.
Pros and Cons of OANDA
Pros
- Tight spreads.
- Diverse markets and products.
- Advanced trading platforms.
- Quality analytics.
- Extensive learning section.
Cons
- Limited trading account types.
- Inactivity fee.
- High swaps.
OANDA is in the top 10 of the following ratings:
Reliability
| Broker | Axi | OANDA |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2006 | 2001 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland |
| Regulators | SVGFSA SVGFSA ASIC ASIC NZ FMA NZ FMA DFSA DFSA FCA FCA | NFA NFA CFTC CFTC ASIC ASIC CIRO CIRO FCA FCA JFSA JFSA BVIFSC BVIFSC MAS MAS KNF KNF |
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.
OANDA
Oanda demonstrates a high level of reliability, evidenced by licenses from the world's leading regulators.
Account Opening
| Broker | Axi | OANDA |
|---|---|---|
| Account Opening | 4.5/5 | 4.5/5 |
| Minimum Deposit |
|
|
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.
OANDA
Oanda offers a straightforward and structured registration process, ensuring convenience for clients.
Pros
- Clearly structured registration process.
- No minimum deposit, offering flexibility for traders.
Cons
- Additional documents may be required in some cases.
- Document verification can take from 1 to 2 working days.
Account Types
| Broker | Axi | OANDA |
|---|---|---|
| Account Types | 4/5 | 3/5 |
| Trading Accounts |
|
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| Minimum Deposit |
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| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:200 |
| 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.
OANDA
Oanda provides various trading accounts, but some specialized types are missing.
Pros
- Standard accounts are available.
- Demo accounts are offered.
- Swap Free accounts are available for traders following Islamic principles.
Cons
- Cent accounts are missing.
- No fixed spread accounts.
- No investment accounts are available.
Commissions
| Broker | Axi | OANDA |
|---|---|---|
| Commissions | 3/5 | 3.5/5 |
| Spread | from 0 points | from 0.5 points |
| Average Spread (EURUSD) | 1.2 | 0.8 |
| Commission per Lot | $3.5 |
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.
OANDA
Oanda's fees are moderate, making this broker competitive.
Pros
- No fees for deposits and withdrawals.
- Low spreads on major currency pairs.
Cons
- Inactivity fee is charged.
- Swaps may be high for some currency pairs.
Deposit and Withdrawal
| Broker | Axi | OANDA |
|---|---|---|
| Rating | 5/5 | 4/5 |
| 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).
OANDA
Oanda offers flexible conditions for depositing and withdrawing funds, but payment system commissions and currency conversion costs may apply.
Pros
- The broker does not charge a fee for deposits and withdrawals.
- A wide selection of payment systems is available.
- No restrictions on the amounts of deposits and withdrawals.
Cons
- High commission fees for certain methods by payment systems.
- Withdrawal request processing time may be long.
- Cryptocurrencies are not available as a payment method.
Markets and Products
| Broker | Axi | OANDA |
|---|---|---|
| Markets and Products | 5/5 | 4.4/5 |
| Forex | 69 | 48 |
| Precious Metals | 8 | 3 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 3 | 4 |
| Indices | 31 | 18 |
| Stocks | 144 | 1607 |
| Cryptocurrency | 35 | 18 |
Axi
Broker Axi offers a wide selection of markets and products, allowing for investment diversification.
OANDA
Oanda offers an extensive set of markets and products, making it a versatile choice for traders of different levels.
Pros
- A wide range of currency pairs.
- A large selection of stocks and indices.
- Access to cryptocurrency trading.
Cons
- Maximum leverage is only up to 1:200.
Trading Platforms
| Broker | Axi | OANDA |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Trading Platforms |
|
|
Axi
Broker Axi provides the popular MT4 platform, but is limited to it, which may not satisfy all traders.
OANDA
Oanda provides high-quality trading platforms with deep functionality and integration with TradingView.
Pros
- Access to classic platforms MT4 and MT5.
- The fxTrade mobile app with integration with MT5.
- Integration with TradingView.
Cons
- No MetaTrader alternatives for desktop devices.
Analytics
| Broker | Axi | OANDA |
|---|---|---|
| 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.
OANDA
The Oanda broker's analytical section offers many tools that help traders make informed decisions.
Education
| Broker | Axi | OANDA |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
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.
OANDA
Oanda provides an extensive range of educational resources, catering to new and experienced traders, focusing on leveraged trading.
Pros
- Comprehensive coverage of fundamental and technical analysis.
- Variety of resources including webinars, workshops, and live market analysis.
- Free access to premium content for live account holders.
Cons
- Some advanced topics may not be covered in depth.
Customer Support
| Broker | Axi | OANDA |
|---|---|---|
| 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.
OANDA
Oanda's technical support provides extensive communication options and round-the-clock service, ensuring the professionalism and efficiency of the solutions provided.
Comparisons of Axi and OANDA with other brokers
Conclusion
OANDA stands out as the better overall pick, while Axi trails on aggregate criteria.
OANDA scored 4.3/5 and ranks 28 in our rating; Axi has 4/5 and ranks 48.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Axi or OANDA?
OANDA comes out ahead by overall rank (score 4.3/5, position 28) versus Axi (score 4/5, position 48).
Which broker is better for beginners: Axi or OANDA?
OANDA is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Axi or OANDA?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Axi and OANDA?
Axi: MetaTrader 4. OANDA: MetaTrader 5, MetaTrader 4, TradingView, fxTrade. See the “Platforms” section for details and selection tips.
What markets can you trade with Axi and OANDA?
Axi: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. OANDA: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Axi and OANDA?
Axi: Standard, Pro, Elite. OANDA: Standard, Swap Free. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Axi and OANDA?
Axi: Bpay, FasaPay, Neteller, Skrill, Alipay, PayPal, Bank Transfer, Sofort, Credit and Debit Cards, POLi, iDeal, Giropay, Online banking. OANDA: Skrill, Neteller, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Axi or OANDA — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
