Updated May 26 2022
Overview | |
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Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies. |
Eightcap is an Australian MT4 & 5 CFD broker founded in 2009 that specialises in currency, commodities, indices, stocks and cryptocurrency trading. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | 1 Day |
Key Data | |
⌛ Account Opening Time | |
1 day minimum (may take longer) | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2007 | 2009 |
💳 Minimum Deposit | |
€, £, $, ¥ - 0 | $100 |
💰 Payment Methods | |
💵 Account Base Currencies | |
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD | 7 - AUD, CAD, EUR, GBP, NZD, SGD, USD. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US | US, CA, SY, IR, CY. |
📊 STP Account | |
No | No |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
No | No | Assets |
📚 Available Assets | |
📙 Stocks | |
50 | 600+ |
📘 Currency Pairs | |
140+ | 45 |
📗 Commodities | |
14 | 5 |
📕 Indices | |
14 | 15 |
📔 ETFs | |
N/A | N/A |
💸 Cryptocurrencies | |
11 | 250+ |
📒 Bonds | |
N/A | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
Axi offers only CFD products. This means popular asset classes like real stocks and ETFs are not available. |
All of Eightcap’s assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
0.01 lots | $1,000 (0.01 Lots) |
📉 Minimum ETFs Trade Size | |
N/A | N/A |
📈 Minimum Crypto Trade Size | |
0.01 lots | $1,000 (0.01 Lots) |
📉 Minimum FX Trade Size | |
0.01 lots | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
0.01 lots | $1,000 (0.01 Lots) |
📉 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 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:400 | Up to 1:500 |
✍ Customisable Leverage | |
Yes | Yes |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | No |
📱 Android App | |
Yes | No |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes (only on mobile devices) | No |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | Yes | 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) |
Depending on account type:
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Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 1.4 Pips | From 0 to 1 Pip |
📉 SP500 | |
Dynamic - From 90 Pips | From 40 Pips |
📈 GOLD | |
Dynamic - From 20 Pips | From 21 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $1.45 | N/A |
📈 XLK (ETF - CFD) | |
N/A | N/A |
📉 BTC | |
Dynamic - From $40 | Dynamic - From $16 | Research and Analysis |
⭐ Watchlists | |
No | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | No |
📜 Integrated Newsfeed | |
No | No |
📡 Reuters Feed | |
No | No |