AxiTrader vs FXTM
| Axi Review 2023 | FXTM Review 2023 |
|---|---|
3.7
|
4
|
 Traders from US not accepted
|
Traders from US not accepted
|
|
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. |
FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ markets and three account types, they cater to all levels of trader. |
| 81.6% of retail investor accounts lose money when trading CFDs with this provider | |
| Bonus Offer | |
| 30% up to $100 via Exinity Ltd | |
| 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." | "FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies | Forex, CFDs, Indices, Commodities, Stocks |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $50 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, DFSA, FMA | CySEC, FCA, FSCA, FSC |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS, Android & Windows |
| Auto Trading | |
| Myfxbook plus Expert Advisors (EAs) on MetaTrader | FXTM Invest plus Expert Advisors (EAs) on MetaTrader |
| 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. | FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes - on MT4 | Yes |
| 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 | |
| $5 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| 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. | FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities. |
| Leverage | |
| 1:400 | 1:30 (EU), 1:2000 (Global) |
| FTSE Spread | |
| from 100 (floating) | 1.3 pts |
| GBPUSD Spread | |
| from 0.6 pips (floating) | 0.3 (var) |
| Oil Spread | |
| from 0 pips (floating) | 9 pts (var) |
| Stocks Spread | |
| Variable | 0.1% Var |
| 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. | FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips. |
| Forex App | |
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today. |
|
| GBPUSD Spread | |
| from 0.6 pips (floating) | 0.3 (var) |
| EURUSD Spread | |
| from 0.2 pips (floating) | 0.1 (var) |
| EURGBP Spread | |
| from 0.5 pips (floating) | 0.2 (var) |
| Assets | |
| 70+ | 50+ |
| Currency Indices | |
|
|
| 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. | Crypto trading not offered |
| Spread | |
| Variable | Variable |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| 81.6% of retail investor accounts lose money when trading CFDs with this provider | |
| More Comparisons | |
|
Axi vs |
FXTM vs |