TD Ameritrade vs AxiTrader
TD Ameritrade Review 2023 | Axi Review 2023 |
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4
TD Ameritrade is #36 in our broker rankings. |
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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, 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 | |
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Cons | |
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Awards | |
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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 | |
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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 |
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 | |
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Stock Exchanges | |
Commodities | |
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. |
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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. | 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 | |
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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 | |
TD Ameritrade vs |
Axi vs |