Your capital is at risk. Trade only with funds you can afford to lose.
Axi
#27 in our CFD broker rankings
Accepts traders from Malawi
72.4% of retail investor accounts lose money when trading CFDs with this provider
Rating breakdown
- Regulation & trust3.80.3 lower than Exness (4.1)
- Assets & markets3.01.0 lower than Exness (4.0)
- Fees & costs3.80.2 lower than Exness (4.0)
- Platforms & tools3.70.2 lower than Exness (3.9)
- Accounts & banking3.50.9 lower than Exness (4.4)
- Education3.80.5 higher than Exness (3.3)
- Research3.50.8 lower than Exness (4.3)
- Customer support3.80.7 lower than Exness (4.5)
Exness’s score. Numbers show the difference.
Exness
#34 in our CFD broker rankings
Accepts traders from Malawi
Rating breakdown
- Regulation & trust4.10.3 higher than Axi (3.8)
- Assets & markets4.01.0 higher than Axi (3.0)
- Fees & costs4.00.2 higher than Axi (3.8)
- Platforms & tools3.90.2 higher than Axi (3.7)
- Accounts & banking4.40.9 higher than Axi (3.5)
- Education3.30.5 lower than Axi (3.8)
- Research4.30.8 higher than Axi (3.5)
- Customer support4.50.7 higher than Axi (3.8)
Axi’s score. Numbers show the difference.
| Axi | Exness | |
|---|---|---|
| Overview | Established in 2007, Axi is a multi-regulated forex and CFD broker that has made strides to improve its trading experience over the years, from expanding its suite of stocks and upgrading the Axi Academy to launching its own copy trading app. | Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. |
| Customer Reviews | Based on 25 customer reviews | Based on 2 customer reviews |
| Trustpilot Score | ||
| Comment by Reviewer | “Axi is a stand-out option if you want to day trade forex on the MetaTrader 4 platform thanks to the broker’s growing selection of 70+ currency pairs, the MT4 NextGen upgrade, and tight spreads from just 0.2 pips if you opt for the Pro account.” | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 | $10 (varies by account and payment method) |
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| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | FCA, ASIC, FMA, DFSA, FSC | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) |
| Margin Trading | Yes | Yes |
| STP Account | Yes | Yes |
| ECN Account | No | Yes |
| DMA Account | No | No |
| MAM Account | Yes | No |
| PAMM Account | Yes | No |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | Yes | No |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | Axi’s app delivers a smooth, efficient trading experience, integrating all the tools needed for active trading in global markets right from your palm. Benefiting from upgrades to fix bugs and improve speed, it now features push notifications, personalized watchlists, and educational videos, all within a user-friendly interface that really impresses. | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. |
| Android App Rating | ||
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| Auto Trading | Expert Advisors (EAs) on MetaTrader, Myfxbook | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | – | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. |
| Social Trading | Yes | Yes |
| Trade Signals | MT4, Autochartist | Signals through Trading Central |
| 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 | $10 | $0 |
| Islamic Account | Yes | Yes |
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| CFD Trading | ||
| Overview | Axi offers a growing suite of CFDs covering currencies, shares, indices, commodities and crypto (location dependent). It’s clearly built with active traders in mind with zero restrictions on scalping or algo trading, extensive leverage opportunities, and fast execution with latency under 100ms. | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. |
| Leverage | 1:500 | 1:Unlimited (via offshore entities) |
| FTSE Spread | 1.0 | 9.8 |
| GBPUSD Spread | 0.6 | 0.6 |
| Oil Spread | 0.03 | 0.20 |
| Stocks Spread | 0.07 | 0.5 (Apple Inc.) |
| Forex Trading | ||
| Overview | Axi’s 70+ currency pairs is its strongest market offering and beats out rivals like AvaTrade, which offers only 50+. Combine this with an elevated MT4 offering through the NextGen add-on, and Axi remains an excellent broker for forex traders. | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. |
| GBPUSD Spread | 0.5 | From 0.0 |
| EURUSD Spread | 0.2 | From 0.0 |
| EURGBP Spread | 0.5 | From 0.0 |
| Assets | 70+ | 100+ |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | Axi provides 24/7 short-term trading opportunities on 30 popular cryptos paired with fiat currencies, other tokens and more unusually, metals. It also stands out with its high leverage up to 1:200 for advanced crypto traders, amplifying potential returns but also losses. | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. |
| Spread | From 0.0 | 10.0 (BTC/USD) |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
72.4% of retail investor accounts lose money when trading CFDs with this provider