TD Ameritrade vs AxiTrader
| TD Ameritrade | Axi |
|---|---|
4
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3.7
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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, founded in 2007 in Sydney, Australia. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular choice among 60,000+ traders worldwide. Axi also stands out for its resources, including copy trading and Autochartist. |
| 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 maintains its position as a top forex and CFD broker for seasoned traders, with more than 70 currency pairs, raw spreads and additional benefits for high-volume trading. Beginners will also appreciate the user-friendly copy trading service and free forex eBooks." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, Stocks, ETFs, Cryptos, Futures, Options, Commodities, Bonds | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| 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 |
| App Review | |
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. |
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| Android App Rating | |
3.4 |
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| iOS App Rating | |
2.5 |
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| 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 remains a strong option for traders seeking a reputable copy trading service. The user-friendly app requires no minimum deposit and connects seamlessly to your MT4 trading account. | |
| 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 | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | Axi offers 220+ products covering forex, shares, commodities, indices and cryptos. Spreads on EUR/USD come in at around 0.2 pips in the Pro account and 1.1 pips in the Standard account. These are competitive and aligned with equivalent accounts at leading low-cost brokers like Pepperstone. |
| 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 continues to offer a strong selection of 70+ currency pairs - more than many top brokers including award-winner AvaTrade, with only 50+. There are no restrictions on trading strategies including algo trading and scalping, which will serve both short-term and long-term traders. |
| 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. |
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| 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. | The broker offers a strong selection of 30 popular cryptos paired with fiat currencies, other tokens and metals. The high leverage up to 1:200 will serve experienced crypto traders, whilst the zero-commission pricing structure will appeal to beginners. |
| Spread | |
| Commission fees apply | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| 81.6% of retail investor accounts lose money when trading CFDs with this provider | |
| More Comparisons | |
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TD Ameritrade vs |
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