Axofa vs AZAforex

Axofa vs AZAforex Comparison Table 2023
Axofa Review 2023	AZAforex Review 2023
Review 4.3 Axofa is #8 in our CFD broker rankings.	Review 2 AZAforex is #4 in our binary options broker rankings.
Traders from US accepted	Traders from US accepted
Axofa is a forex and CFD broker registered in St Vincent and the Grenadines. The broker offers three account types with access to forex, commodities and indices. With ECN processing, low minimum deposits and no commissions, Axofa could be an attractive option, although the broker does not hold a reputable license.	AZAforex is a multi-asset broker founded in 2016. The brand offers a sophisticated proprietary platform, ECN trading and 40+ deposit methods. The brokerage has 120,000+ registered customers with copy trading and a VPS.
Bonus Offer
10% Deposit Bonus
Comment by Reviewer
"Axofa could be a good option for clients looking for social trading features alongside the MT5 platform, and are willing to trade with an offshore brand."	"AZAforex is best for active forex traders looking for ECN pricing with high leverage up to 1:1000 and a sophisticated trading platform."
Pros
MT5 integration Proprietary mobile app Negative balance protection Access to high leverage up to 1:1000 Low starting deposit of $1 for beginners International broker accepting clients from the USA, India, Indonesia, and Ireland	Range of crypto, e-wallet, credit/debit card and wire transfer options 16 fiat and 6 crypto account base currencies Loyalty bonuses and rebate program Low minimum deposit of $1 Very high leverage up to 1:1000 Copy trading and PAMM account Free VPS for VIP accounts Demo account available
Cons
Unregulated broker Lack of transparency around pricing Limited verifiable information about the broker’s owners and background Inconsistencies between international subsidiaries and website information	Unregulated broker reduces its safety score Withdrawal fees for some payment methods Limited educational content and resources Some poor customer reviews No MetaTrader access
Instruments
Forex, CFDs, Stocks, Indices, Commodities	Stocks, CFD, Forex, Crypto, Binary Options
Demo Account
Yes	Yes
Minimum Deposit
$1	$1
Trading Platforms
MT5	Own
Payment Methods
Bitcoin Payments Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer	ADVcash Credit Card Debit Card Perfect Money QIWI Wire Transfer
Minimum Trade
0.01 Lots	0.00001 Lots
Regulator
SVGFSA
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	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	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
USD IDR	USD THB VND UAH
Stock Exchanges
Nasdaq S&P 500	Australian Securities Exchange Deutsche Boerse Euronext FTSE UK Index New York Stock Exchange
Commodities
Gold Natural Gas Oil Palladium Platinum Silver	Oil Silver
CFD Trading
CFDs are available on popular asset classes with a competitive $1 minimum deposit. The broker offers very high, unrestricted leverage of 1:1000, which will amplify both profits and losses.	Trade 200+ CFDs with leverage up to 1:1000 on a powerful proprietary platform. Asset classes include stocks, forex and crypto with ECN execution. You can bet on rising and falling prices with leveraged CFDs.
Leverage
1:1000	1:1000
FTSE Spread
NA	Variable
GBPUSD Spread
From 1.6 pips	Variable
Oil Spread
From 1.6 pips	Variable
Stocks Spread
NA	Variable
Forex Trading
Axofa offers 50+ forex pairs with raw spreads and low commissions. On the downside, the broker is not particularly transparent when it comes to their account conditions and fees.	Trade 49 major, minor and exotic currency pairs with fixed spreads or ECN pricing with no dealing desk intervention and a low starting deposit. You can analyze the currency markets using the broker's in-house trading platform.
GBPUSD Spread
From 1.6 pips	Variable
EURUSD Spread
From 1.6 pips	Variable
EURGBP Spread
From 1.6 pips	Variable
Assets
10+	72
Cryptocurrency
Crypto trading not offered	Invest in 10 popular cryptos such as Bitcoin and Ethereum. A choice of six crypto account base currencies are available plus a welcome bonus for new traders.
Spread
	Variable
Coins
	BTC BCH DASH ETH LTC USDC USDT XMR XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	AZAforex offers binary options with time-dependent payouts that can be taken out on any asset included as a CFD or spot instrument. Over 50 binary options are available with a $1 minimum stake and payouts up to 190%.
Payout
	190%
Ladder Options
No	No
Boundary Options
No	No

Review	Review
More Comparisons
Axofa vs	AZAforex vs