BitMEX vs Axi
BitMEX Review 2023 | Axi Review 2023 |
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3.2
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3.7
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BitMEX is a crypto exchange and derivatives trading platform, launched in 2014, that offers low fees and starting deposit for a fiat–crypto onramp, spot trading, and crypto derivatives including perpetual contracts, traditional futures and quanto futures. BitMEX offers amongst the largest market liquidity of any cryptocurrency exchange. |
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. |
81.6% of retail investor accounts lose money when trading CFDs with this provider | |
Bonus Offer | |
Fee reduction for BMEX token holders | |
Comment by Reviewer | |
"Active traders who want access to a good range of crypto derivatives will be intrigued by BitMEX's offering. The 100x leverage on Bitcoin is also higher than many alternatives." | "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." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Crypto | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0.01 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | 0.01 Lots |
Regulator | |
Republic of Seychelles | FCA, ASIC, DFSA, FMA |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
Yes | No |
P2P Trading | |
Yes | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
BitMEX Market Maker, BotVS, and via API | Myfxbook plus Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | 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. | |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes - on MT4 | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | 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. |
Leverage | |
1:400 | |
FTSE Spread | |
from 100 (floating) | |
GBPUSD Spread | |
from 0.6 pips (floating) | |
Oil Spread | |
from 0 pips (floating) | |
Stocks Spread | |
Variable | |
Forex Trading | |
Forex trading not offered | 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. |
GBPUSD Spread | |
from 0.6 pips (floating) | |
EURUSD Spread | |
from 0.2 pips (floating) | |
EURGBP Spread | |
from 0.5 pips (floating) | |
Assets | |
70+ | |
Cryptocurrency | |
BitMEX offer the largest liquidity crypto trading environment anywhere. Contracts start from just $1. The firm is also compliant with global AML guidance and the platform offers cutting-edge crypto exchange and hedging. | 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. |
Spread | |
-0.01% maker, 0.075% taker | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
Yes | No |
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81.6% of retail investor accounts lose money when trading CFDs with this provider | |
More Comparisons | |
BitMEX vs |
Axi vs |