Axi vs MultiBank FX
Axi Review 2023 | MultiBank FX Review 2023 |
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3.7
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4.7
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Axi is a global forex and CFD trading firm, trusted by investors around the world. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular broker with beginners and seasoned traders. Axi also stands out for its resources, including copy trading and Myfxbook. |
MultiBank FX is an established broker offering forex and CFD products since 2005. With 20,000+ instruments, plenty of local payment methods and 24/7 multilingual customer support, the broker is a popular choice among traders globally. New clients can also access a variety of bonus offers and access the hugely popular MT4 and MT5 trading platforms. |
81.6% of retail investor accounts lose money when trading CFDs with this provider | |
Bonus Offer | |
20% deposit bonus | |
Comment by Reviewer | |
"Axi will appeal to forex traders in particular with more than 70 currency pairs, ultra-fast execution speeds and no restrictions on trading strategies, including EAs." | "MultiBank FX is a great option for active forex traders with 55 currency pairs, spreads from 0.0 pips and high leverage up to 1:500." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $50 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.1 Lots |
Regulator | |
FCA, ASIC, DFSA, FMA | SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC |
Margin Trading | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | Yes |
Auto Trading | |
Myfxbook plus Expert Advisors (EAs) on MetaTrader | Yes (APIs) |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
After partnering with Pelican Trading, Axi has launched a user-friendly copy trading service that provides access to more than 30 products across popular financial markets. | Clients can start copy trading in three simple steps at MultiBank FX, gaining access to profitable online traders from around the world. Build a diverse portfolio while learning from experienced investors and saving time on market research. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes - on MT4 | Yes |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
Yes | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade CFDs with dynamic leverage on a multitude of markets, including forex, shares, indices and commodities. Raw spreads are available from 0 pips rivalling leading competitors. | Access thousands of CFDs with competitive pricing and leverage up to 1:500. A range of asset classes are available, including currencies, shares, indices, metals and commodities. CFDs can be traded on the market-leading MetaTrader platforms. |
Leverage | |
1:400 | 1:500 |
FTSE Spread | |
from 100 (floating) | Not offered |
GBPUSD Spread | |
from 0.6 pips (floating) | 0.8 |
Oil Spread | |
from 0 pips (floating) | 0.03 |
Stocks Spread | |
Variable | Variable |
Forex Trading | |
Axi offers a great selection of 70+ major, minor and exotic currency pairs. There are no restrictions on trading strategies and the broker boasts impressive spreads by connecting to 20 liquidity sources. | MultiBank FX offers trading on 50+ major, minor and exotic currency pairs. Spreads are tighter than many competitors and the broker offers higher leverage than most alternatives. Automated trading strategies are also permitted. |
GBPUSD Spread | |
from 0.6 pips (floating) | 0.8 |
EURUSD Spread | |
from 0.2 pips (floating) | 0.3 |
EURGBP Spread | |
from 0.5 pips (floating) | 0.8 |
Assets | |
70+ | 45+ |
Cryptocurrency | |
Axi offers all the well-known cryptos paired with fiat currencies, other tokens and metals. High leverage up to 1:200 is available on digital currency trades and users can deploy various strategies, from scalping to position trading. | Trade a selection of the top cryptos against the US Dollar, including Bitcoin, Polkadot and Stellar with 50% leverage. Traders also benefit from fast execution speeds of <20ms. |
Spread | |
Variable | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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81.6% of retail investor accounts lose money when trading CFDs with this provider | |
More Comparisons | |
Axi vs |
MultiBank FX vs |