Axi (AxiTrader) Vs. DEGIRO - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies.

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

• Experienced FX Traders looking to benefit from their custom account offering
• High volume traders looking to benefit from their 0 pips spreads

• Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
• Active traders that look to access the large variety of exchanges offered

• ASIC (Australia)
• FCA (Uk)
• ADGM (United Arab Emirates)
• SVGFSA (St. Vincent & the Grenadines)

• BaFin (Germany)
• AFM (Netherlands)

• Competitive account offering for all trader levels with spreads from 0 pips

• No conflicts of interest between DEGIRO and its customers
• Virtually unlimited asset offering from 50 exchanges across the globe
• Low fees when compared to traditional banking alternatives

• All assets are CFDs (No real stocks or ETFs offered)
• Extremely low asset offering (around 150 instruments)

• Credit card deposits are not available
• Simplistic platforms with not many features
• Fees are expensive when compared to commission free brokers

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Sofort
• Giropay
• iDeal
• Polish Internet Banking
• Global Collect

• Bank Transfer
• Paypal

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

$10 monthly after 1 year of inactivity.

Varies per account type:

• Standard: None
• Pro: $3.50 per lot
• Elite: $1.75 per lot)

Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.