Axi (AxiTrader)
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74.6% of retail CFD accounts lose money.

Vs.

DEGIRO
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Investing involves risk of loss.

Axi (AxiTrader) Vs. DEGIRO - Compare and Choose the Right One

Updated May 13 2022

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74.6% of retail CFD accounts lose money.

Visit

Investing involves risk of loss.

Overview

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.

Best For
  • 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

3

Other Licenses

1

Provided by
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Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (Uk)
  • ADGM (United Arab Emirates)
  • SVGFSA (St. Vincent & the Grenadines)
  • BaFin (Germany)
  • AFM (Netherlands)
The Good
  • 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
The Bad
  • 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
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 day minimum (may take longer) 1 day
📋 Documents Required
  • 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.

📍 Year Founded
2007 2008
💳 Minimum Deposit
€, £, $, ¥ - 0 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • Giropay
  • iDeal
  • Polish Internet Banking
  • Global Collect
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD 3 - USD, GBP, EUR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US

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.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, commodities, currencies, cryptocurrencies, indices and ETFs.

Real stocks, ETFs, bonds and options.

📙 Stocks
50 Availability from 30 global exchanges.
📘 Currency Pairs
140+ N/A
📗 Commodities
14 N/A
📕 Indices
14 N/A
📔 ETFs
N/A Availability from 20 Exchanges (Europe, Asia, Oceania)
💸 Cryptocurrencies
11 N/A
📒 Bonds
N/A Availability from 7 European exchanges.
📓 Options
N/A Availability from 11 Global Exchanges.
📗 Futures
N/A Availability from 13 Global Exchanges.
📝 Notes:

Axi offers only CFD products. This means popular asset classes like real stocks and ETFs are not available.

DEGIRO is a traditional DMA broker, which means you buy or sell real shares upon availability from stock exchanges across the globe. Their asset offering is virtually unlimited as it depends on exchange's availability.

Trading Experience
📈 Minimum Stock Trade Size
0.01 lots N/A
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
0.01 lots N/A
📉 Minimum FX Trade Size
0.01 lots N/A
📈 Minimum Commodities Trade Size
0.01 lots N/A
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 N/A
💪 Professional Leverage
Up to 1:400 N/A
✍ Customisable Leverage
Yes N/A
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes (only on mobile devices) Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

$10 monthly after 1 year of inactivity.

No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes depending on account type (Standard: Zero, 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.

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips N/A
📉 SP500
Dynamic - From 90 Pips N/A
📈 GOLD
Dynamic - From 20 Pips N/A
📉 TSLA (Stock CFD)
Dynamic - From $1.45 N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $40 N/A
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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