TD Ameritrade vs AxiTrader

TD Ameritrade vs Axi Comparison Table 2023
TD Ameritrade Review 2023	Axi Review 2023
Review 4 TD Ameritrade is #36 in our broker rankings.	Review 3.7
Traders from US accepted	Traders from US not accepted See available CFD brokers
TD Ameritrade is a leading discount brokerage offering a vast range of instruments including forex, stocks, futures, options and crypto. The company has nearly 40 years of experience and authorization from the SEC, FINRA and CFTC. Trading takes place via its well-known thinkorswim platform, which offers sophisticated tools and features including stock screeners and calculators.	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
Comment by Reviewer
"Traders who want access to a huge range of stocks from a reputable broker with low fees should consider TD Ameritrade. On the downside, we miss access to the familiar MetaTrader 4 software."	"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
Advanced order types, including OCO and brackets Automated trading capabilities, including robo-advisors Several trading platforms including proprietary award-winning software TD Ameritrade provides rich in-depth research and educational resources Extended 24/7 trading hours allow for international access to the markets The broker facilitates automatic syncing between desktop and mobile trading platforms There is access to over 350 technical studies, 20 drawing tools and 8 Fibonacci tools Active chat rooms to share ideas and communicate with thousands of experienced traders The Economic Data tool allows access to a range of data about the health of global economies Management Services and Essential Portfolios. Reviews of which show high levels of customer satisfaction Portfolio margin gives some users increased leverage by basing margin requirements on total portfolio risk	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
CFD trading not available No MT4 or MT5 integration Fractional shares are not offered No direct cryptocurrency trading Broker-assisted trade commissions are around $25 Stringent margin maintenance requirements and high fees New traders may be overwhelmed by the vast amount of information and tools available	Crypto CFDs are only available to professional clients Demo account expires after 30 days Limited choice of trading platforms
Awards
Best Broker for Beginners 2022 - Investopedia Best Online Broker Awards Best Online Broker for Stock Trading Platform and Research 2022 - NerdWallet's Best-Of Awards #1 Platform & Tools, #1 Active Trading, #1 Options Trading, #1 Customer Service, and #1 Phone Support 2022 - StockBrokers.com Online Broker Review	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
Stocks, Futures, E-minis, Options, Forex, Crypto, ETFs, Volatility Index	Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
eSignal AutoChartist	MT4 AutoChartist DupliTrade
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Cheque TransferWise Wire Transfer	Boleto Credit Card Debit Card FasaPay JCB Card Maestro Mastercard Neteller PIX Payment Skrill Visa Wire Transfer
Minimum Trade
$0	0.01 Lots
Regulator
SEC, FINRA, CFTC	FCA, ASIC, DFSA, FMA
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
Yes	No
MAM Account
Yes	Yes
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Yes - Auto trading available via bots	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
Yes	Yes - on MT4
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
No	Yes
Account Currencies
USD	USD EUR GBP CAD AUD JPY CHF HKD SGD
Stock Exchanges
Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Nasdaq
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Cocoa Coffee Copper Gasoline Gold Natural Gas Oil Platinum Precious Metals Silver
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
Trade 70+ forex pairs including majors, minors or exotics via the desktop, mobile or webtrader app with no commission and 1:2 leverage. The choice of currencies is wider than most forex brokers.	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
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.
GBPUSD Spread
Variable	from 0.6 pips (floating)
EURUSD Spread
Variable	from 0.2 pips (floating)
EURGBP Spread
Variable	from 0.5 pips (floating)
Assets
75+	70+
Cryptocurrency
Gain exposure to cryptocurrency markets through OTC crypto trusts, mutual funds and ETFs and Bitcoin futures. This offers portfolio diversification opportunities and trading vehicles beyond standard crypto CFDs.	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
Commission fees apply	Variable
Coins
BTC ETH MBT MET	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

Review	Review
	81.6% of retail investor accounts lose money when trading CFDs with this provider
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