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

Vs.

NAGA
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75.63% of retail CFD accounts lose money.

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

Updated Jan 11 2022

Visit

74.6% of retail CFD accounts lose money

Visit

75.63% of retail CFD accounts lose money.

Overview

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

Naga is an international broker belonging to the NAGA Group A.G, a publicly listed company in the Frankfurt stock exchange. Their specialty is social and copy trading of both real stocks and ETFs along with CFDs on all major asset classes.

Best For
  • Experienced FX Traders looking to benefit from their custom account offering
  • High volume traders looking to benefit from their 0 pips spreads
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
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The Good
  • Competitive account offering for all trader levels with spreads from 0 pips
  • Gamified social trading platform full of features and very responsive
  • Independent services such as cryptocurrency wallet or Naga Pay which provides a debit card and banking functionality
The Bad
  • All assets are CFDs (No real stocks or ETFs offered)
  • Extremely low asset offering (around 150 instruments)
  • There is no way to easily understand which is the leverage factor being applied per asset
  • Asset offering is not that comprehensive when compared to similar competitors
  • An overall feeling of playing a game in a fun-app
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.

🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (Uk)
  • ADGM (United Arab Emirates)
  • SVGFSA (St. Vincent & the Grenadines)
  • CySec (Cyprus)
📍 Year Founded
2007 2015
💳 Minimum Deposit
€, £, $, ¥ - 0 $250
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • Giropay
  • iDeal
  • Polish Internet Banking
  • Global Collect
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • GiroPay
  • Klarna
  • EPS
  • Przelewy24
  • EuroBank
  • KB
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD

4 - EUR, GBP, USD, PLN.

🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US

US, CA, SY, IR.

📊 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 and ETFs
  • CFDs on currencies, commodities, indices, futures, cryptocurrencies, stocks and ETFs.
📙 Stocks
50 700+
📘 Currency Pairs
140+ 80+
📗 Commodities
14 4
📕 Indices
14 20+
📔 ETFs
N/A 17
💸 Cryptocurrencies
11 37
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A 22
📝 Notes:

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

NAGA provides either real stocks and ETFs along with CFDs on all major asset classes.

Trading Experience
📈 Minimum Stock Trade Size
0.01 lots Varies per Stock
📉 Minimum ETFs Trade Size
N/A Varies per ETF
📈 Minimum Crypto Trade Size
0.01 lots Varies per Cryptocurrency
📉 Minimum FX Trade Size
0.01 lots $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
0.01 lots Varies per Commodity
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A Varies per Future
📉 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 No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes (only on mobile devices) Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 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

Yes, from 0 to $5 depending on your account level.

💰 Commissions

Yes depending on account type (Standard: Zero, Pro: $3.50 per lot, Elite: $1.75 per lot)

Yes depending on asset (Eg: 0.99 € for stocks in-and-out)

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 90 Pips Dynamic - Market Spread
📈 GOLD
Dynamic - From 20 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45 Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A Dynamic - Market Spread
📉 BTC
Dynamic - From $40 Dynamic - From $130
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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