OctaFX vs AxiTrader
| OctaFX | Axi |
|---|---|
4.1
|
4.4
|
 Traders from US not accepted |
Traders from US not accepted |
|
OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service. |
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 | |
| Up to 50% deposit bonus | |
| Promotions | |
| Comment by Reviewer | |
| "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 | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Forex, CFDs, indices, commodities, cryptocurrencies | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | 0 $/€/£ |
| Payment Methods | |
| Minimum Trade | |
| 0.01 lots | 0.01 Lots |
| Regulator | |
| SVGFSA, CySEC | FCA, ASIC, DFSA, FMA |
| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| Yes | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | 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 | |
| Yes (iOS & Android) | iOS & Android |
| Auto Trading | |
| Yes | Yes (MT4 & Myfxbook) |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time. | 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 (EAs) | 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 |
| Inactivity Fee | |
| 0 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs on the financial markets with floating spreads and flexible leverage. | 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 | |
| 1:500 (Global), 1:30 (EU) | 1:30 - 1:400 |
| FTSE Spread | |
| 1.8 | from 100 (floating) |
| GBPUSD Spread | |
| 1.1 | from 0.6 pips (floating) |
| Oil Spread | |
| 0.7 | from 0 pips (floating) |
| Stocks Spread | |
| Variable | Variable |
| Forex Trading | |
| OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips. | 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 | |
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application. |
|
| GBPUSD Spread | |
| 1.1 | from 0.6 pips (floating) |
| EURUSD Spread | |
| 0.7 | from 0.2 pips (floating) |
| EURGBP Spread | |
| 2.1 | from 0.5 pips (floating) |
| Assets | |
| 35 | 70+ |
| Cryptocurrency | |
| Trade 30+ popular digital currencies paired with the USD. | 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 | |
| Variable | Variable |
| Coins | |
|
|
| 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 | |
| More Comparisons | |
|
OctaFX vs |
Axi vs |