Switch Markets vs Axi

Switch Markets vs Axi Comparison Table 2022
Switch Markets Axi
WINNER
Axi is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
4.2
United States Flag Traders from US not accepted
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. Axi is a global online FX and CFD trading company, trusted by investors around the world. Highly leveraged trading opportunities plus a $0 minimum deposit make it popular with beginners and seasoned traders.
81.6% of retail investor accounts lose money when trading CFDs with this provider
Awards
  • 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
Bonus
100% Deposit Bonus
Instruments
Stocks, CFD, Forex, Crypto Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 0 $/€/£
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
ASIC FCA, ASIC, DFSA, FMA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No No
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
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes - Equinix Yes (MT4 & Myfxbook)
Copy Trading
Yes Yes
Copy Trading Platform
Switch Markets offers copy trading services with low fees via the MetaTrader 4 terminal. 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
MT4 Yes - on MT4
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Switch Markets offers CFDs on stocks, indices and commodities. Trade CFDs with tight spreads and leverage on a multitude of markets
Leverage
1:500 1:30 - 1:400
FTSE Spread
1.2 from 100 (floating)
GBPUSD Spread<
0.5 from 0.6 pips (floating)
Oil Spread
2.0 from 0 pips (floating)
Stocks Spread
Variable Variable
Forex Trading
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. Trade major, minor & exotic currency pairs
GBPUSD Spread
0.5 from 0.6 pips (floating)
EURUSD Spread
0.1 from 0.2 pips (floating)
EURGBP Spread
0.6 from 0.5 pips (floating)
Assets
60+ 70+
Cryptocurrency
Switch Markets offers four cryptocurrencies with competitive fees. Most known cryptos paired with fiat currencies, other tokens and metals. 1:200 leverage
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • 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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