Axi vs Bybit

Axi vs Bybit Comparison Table 2024
Axi	Bybit
Review 3.7	Review 3.1

Axi is a global forex and CFD trading firm, founded in 2007 in Sydney, Australia. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular choice among 60,000+ traders worldwide. Axi also stands out for its resources, including copy trading and Autochartist.	Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018.
81.6% of retail investor accounts lose money when trading CFDs with this provider
Bonus Offer
	Up To 4030 USDT Welcome Bonus
Comment by Reviewer
"Axi maintains its position as a top forex and CFD broker for seasoned traders, with more than 70 currency pairs, raw spreads and additional benefits for high-volume trading. Beginners will also appreciate the user-friendly copy trading service and free forex eBooks."	"Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives."
Pros
A strong range of advanced tools are available for experienced day traders, including the Autochartist market scanner, VPS solutions and exclusive MT4 NexGen features The broker's inactivity fee terms are fairly generous, only charging a $10 fee after a long inactivity period of 12 months - some brokers charge after only 3 months The broker’s free trading resources are geared towards short-term traders, including various market calendars and dividend forecast schedules Experienced traders can benefit from the Axi Select funded trader programme, offering funding up to $1 million and up to 90% profit share The $0 minimum deposit, zero-commission pricing structure, and user-friendly copy trading service will appeal to beginners Traders can choose between 10 base account currencies plus a wide range of free deposit methods, including cryptos Among other educational resources, there’s an excellent selection of free eBooks for newly registered beginners Axi is a well-regulated and established broker, with a strong track record since 2007	Dual price mechanism reducing unfair liquidations Increased profit potential with leverage up to 1:100 24/7 customer help from a multilingual service team No limits on trades and withdrawals on any account Best-in-class market depth, minimum price impact trade execution Industry-leading cold wallet strengthens security and improves the safety of funds A useful risk management tool protecting retail traders against unfavorable price fluctuations 100,000 TPS per contract which results in no overloads with an ultra-fast matching engine that is 10x the industry average Retail clients can easily swap between supported coins within accounts, take profit and stop loss, strategy alerts, and adjust orders
Cons
There's a limited choice of third-party charting platforms compared to other brands, with only MT4 available alongside the proprietary app The demo account expires after only 30 days - many alternative brokers that we test allow you to practice for 60 days or more The tightest round-trip commission fees of $3.50 are only available to those who can deposit $25,000 The Axi Select program requires a $500 minimum deposit to enter the first Seed stage	Bybit is not currently regulated in any country Residents of some countries are restricted from opening an account, including clients from the US
Awards
Best EMEA Region Broker - ADVFN International Financial Awards, 2020 Best Forex Broker Middle East - forex-awards.com, 2019 Best Forex Broker Europe - forex-awards.com, 2019 Best MT4 Forex Broker - atozmarkets.com, 2019
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies	Cryptos, Futures
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
MT4 AutoChartist DupliTrade	MT4 TradingView
Payment Methods
Alipay Boleto BPAY Credit Card Debit Card FasaPay Giropay iDeal JCB Card Maestro Mastercard Neteller PIX Payment POLi Skrill Sofort Visa Wire Transfer	Bitcoin Payments Credit Card Ethereum Payments Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	0.001 Lots
Regulator
FCA, ASIC, DFSA, FMA
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	Yes
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	Yes (iOS & Android)
Android App Rating
3.4
iOS App Rating
2.5
Auto Trading
Myfxbook plus Expert Advisors (EAs) on MetaTrader	Via 3rd party software
Copy Trading
Yes	Yes
Copy Trading Platform
After partnering with Pelican Trading, Axi remains a strong option for traders seeking a reputable copy trading service. The user-friendly app requires no minimum deposit and connects seamlessly to your MT4 trading account.	Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge.
Social Trading
Yes	No
Trade Signals
Yes - on MT4
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY CHF HKD SGD	EUR GBP TRY RUB
Stock Exchanges
Australian Securities Exchange (ASX) DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Nasdaq
Commodities
Cocoa Coffee Copper Gasoline Gold Natural Gas Oil Platinum Precious Metals Silver
CFD Trading
Axi offers 220+ products covering forex, shares, commodities, indices and cryptos. Spreads on EUR/USD come in at around 0.2 pips in the Pro account and 1.1 pips in the Standard account. These are competitive and aligned with equivalent accounts at leading low-cost brokers like Pepperstone.	CFD trading not offered
Leverage
1:400
FTSE Spread
from 100 (floating)
GBPUSD Spread
from 0.6 pips (floating)
Oil Spread
from 0 pips (floating)
Stocks Spread
Variable
Forex Trading
Axi continues to offer a strong selection of 70+ currency pairs - more than many top brokers including award-winner AvaTrade, with only 50+. There are no restrictions on trading strategies including algo trading and scalping, which will serve both short-term and long-term traders.	Forex trading not offered
GBPUSD Spread
from 0.6 pips (floating)
EURUSD Spread
from 0.2 pips (floating)
EURGBP Spread
from 0.5 pips (floating)
Assets
70+
Cryptocurrency
The broker offers a strong selection of 30 popular cryptos paired with fiat currencies, other tokens and metals. The high leverage up to 1:200 will serve experienced crypto traders, whilst the zero-commission pricing structure will appeal to beginners.	Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options.
Spread
Variable	Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1%
Coins
BCH BNB BTC LTC OMG FTT BTC BCH DOG LTC XLM AAVE COMP LRC MKR SUSHI UNI BAT CRV ENJ LNK MANA MATIC SAND XRP LNK XRP KSM AVAX ETH SOL XTZ ADA DOT EOS	BTC ETH EOS XRP USDT BCH LINK XTZU LUNA SRM TRX RUNE THETA STRM YFI WAVES DXPX ENS USDC ADA BEL BIC REN MKR LING CN98 CAKE CAPS BUSD BTT CBX CELO BTG BUSD KLAY BNB DOT AGLA AGLD LING DOME FIU FLOKI FITFI HOT ALGO FCD APEX AXS BAT ANKR BNT BOBA ALGO FIDA FL UNI AAVE SUSHI XEM APE ATOM AVAX DOGE ETC FTM LTC MATIC SAND SWEAT DLC AXS CHZ OP OKSE ZEN ZIL ZRX ACH ACM DYDX ELT FTT HERO NEXO MKR QMALL QNT REAL TRIBE INTER FAME REN ENS ELT ELJ DICE DRIV FLOKI FLOW GENE GMX IME KRL KOK NFT LWF KMON KASTA ICX CRAFT CWAR CTC CULT DEFY DFI DICE DRIV GSTS JST GODS IZI JASMY ERTHA COMP
Crypto Lending
No	Yes
Crypto Mining
No	Yes
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
81.6% of retail investor accounts lose money when trading CFDs with this provider
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