FBS vs Axi

FBS vs Axi Comparison Table 2023
FBS Axi
4.3
3.7
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has clients in over 190 countries, attracted by a diverse range of markets, the reputable MetaTrader platforms, plus trading promotions.

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
Promotions

FBS: $140 Level Up Bonus

FBS Makes Copytrading Risk-Free On Your First Three Trades

Comment by Reviewer
"FBS is a great choice for traders of all experience levels and budgets with a range of account types and access to both MetaTrader 4 and MetaTrader 5." "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
  • Great choice of account types including crypto, cent and ECN accounts, with decent spreads at 0.7 pips
  • Trusted broker with top-tier licenses, several notable awards and negative balance protection
  • No commission on deposits or withdrawals and low minimum deposits, ideal for beginners
  • NDD technologies ensure fast order execution within 0.4 seconds and no requotes
  • Comprehensive learning section with tailored courses, webinars and trading ideas
  • MT4 and MT5 platforms, plus a proprietary app with accessible 24/7 support
  • Highly regulated – traders can be assured the broker is not operating a scam
  • Axi Select funded accounts with up to $1M and a 90% profit share
  • Stock CFDs in US, UK and European markets
  • $0 minimum deposit will appeal to beginners
  • Award-winning brand with 60,000+ users
  • Around the clock customer support
  • Autochartist and Myfxbook tools
  • MT4 NexGen software
  • 1:200 crypto leverage
Cons
  • Fewer account types for EU clients
  • Average spreads on some assets
  • No copy trading
  • Crypto CFDs are only available to professional clients
  • Demo account expires after 30 days
  • Limited choice of trading platforms
Awards
  • Best Customer Service Broker WBO 2022
  • Most Reliable Forex Broker MENA 2020
  • Best Social Trading Application MENA 2020
  • Best Mobile Trading Platform Asia 2020
  • Best FX Broker Europe 2019
  • Most Transparent Forex Broker 2018
  • Best Forex Broker Asia 2018
  • Best Safety of Client Funds Asia 2015
  • Best EMEA Region Broker - ADVFN International Financial Awards, 2020
  • Best Forex Broker Middle East - forex-awards.com, 2019
  • Best Forex Broker Europe - forex-awards.com, 2019
  • Best MT4 Forex Broker - atozmarkets.com, 2019
Instruments
CFDs, forex, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$5 $0
Trading Platforms
  • MT4
  • MT5
  • MT4
  • AutoChartist
  • DupliTrade
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, CySEC, FSC, FSCA FCA, ASIC, DFSA, FMA
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
Yes 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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader 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
No Yes
Trade Signals
MT4 & MT5 Yes - on MT4
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
Yes Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Go long or short on an excellent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with fast execution, floating spreads from 1 pip and around the clock customer support. 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
1:30 (EU & Restricted Countries), 1:3000 (Global) 1:400
FTSE Spread
From 0.0 from 100 (floating)
GBPUSD Spread
From 0.6 from 0.6 pips (floating)
Oil Spread
From 0.0 from 0 pips (floating)
Stocks Spread
Variable Variable
Forex Trading
Trade 35+ popular majors, minors and exotics with tight spreads. FBS also offers an excellent suite of forex market research and education, including news, courses, and daily analysis. 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.
Forex App

The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.

GBPUSD Spread
From 0.6 from 0.6 pips (floating)
EURUSD Spread
From 0.5 from 0.2 pips (floating)
EURGBP Spread
From 2.1 from 0.5 pips (floating)
Assets
36 70+
Cryptocurrency
FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs. A strong selection of pairs are available, including BTC/USD. There is also a dedicated crypto account. 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
Floating Variable
Coins
  • ADA
  • ALG
  • AVA
  • BAT
  • BCH
  • BNB
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • FIL
  • IOT
  • LNK
  • LTC
  • MKR
  • MTC
  • NEO
  • OMG
  • SHB
  • SOL
  • TRX
  • UNI
  • VEC
  • XLM
  • XMR
  • XRPZEC
  • BCH
  • BNB
  • BTC
  • LTC
  • OMG
  • FTT
  • BTC
  • BCH
  • DOG
  • LTC
  • XLM
  • AAVE
  • COMP
  • LRC
  • MKR
  • SUSHI
  • UNI
  • BAT
  • CRV
  • ENJ
  • LNK
  • MANA
  • MATIC
  • SAND
  • XRP
  • LNK
  • XRP
  • KSM
  • AVAX
  • ETH
  • SOL
  • XTZ
  • ADA
  • DOT
  • EOS
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
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