Axos Bank vs FTX
Axos Bank Review 2023 | FTX Review 2023 |
---|---|
![]()
Not Yet Rated
Axos Bank is #36 in our broker rankings. |
![]()
0.3
FTX is #31 in our crypto broker rankings.
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
|
![]() |
![]() |
Axos Bank offers investment opportunities in US stocks, ETFs and Mutual Funds on their proprietary trading platform. |
FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity. |
Comment by Reviewer | |
"We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested." | |
Pros | |
|
|
Cons | |
|
|
Instruments | |
Stocks, Options, ETFs | Futures, Options, Crypto |
Demo Account | |
No | No |
Minimum Deposit | |
$500 | $1 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
$0 | $1 |
Regulator | |
SEC | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
5.5% | |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
Axos App | iOS & Android |
Auto Trading | |
Yes | Yes |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
TipRanks | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
|
|
Stock Exchanges | |
Cryptocurrency | |
Crypto trading not offered | FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin. |
Spread | |
Variable | |
Coins | |
|
|
Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | Yes |
![]() |
![]() |
More Comparisons | |
Axos Bank vs |
FTX vs |