Axos Bank vs FTX
| Axos Bank | FTX |
|---|---|
Not Yet Rated
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0.3
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.
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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 | |
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| Cons | |
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| Instruments | |
| Stocks, ETFs, Options | Cryptos, Futures, Options |
| Demo Account | |
| No | No |
| Minimum Deposit | |
| $500 | $1 |
| Trading Platforms | |
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| 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 | |
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| 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 | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | Yes |
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Axos Bank vs |
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