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


Visit 74.1% of retail CFD accounts lose money.	Visit 63.10% 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.	Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.
Best For
Experienced FX Traders looking to benefit from their custom account offering High volume traders looking to benefit from their 0 pips spreads	New investors and traders looking to explore their social and copy trading offering via live coaches New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FCA (Uk) ADGM (United Arab Emirates) SVGFSA (St. Vincent & the Grenadines)	MFSA (Malta Financial Services Authority)
The Good
Competitive account offering for all trader levels with spreads from 0 pips	Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders Their proprietary platform is very simple and easy to use Their equities offering is completely commission-free
The Bad
All assets are CFDs (No real stocks or ETFs offered) Extremely low asset offering (around 150 instruments)	Asides from stocks and ETFs, their asset offering lacks variety Their web platform is completely impractical to use for professional trading They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	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	2014
💳 Minimum Deposit Range
0	0
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Sofort Giropay iDeal Polish Internet Banking Global Collect	Visa Mastercard Bank Transfer
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD	2 - EUR, GBP.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
None	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
229	18,037
Exchange Access
0	0
📙 Real Stocks
0	8,000
📙 Stock CFDs
50	8,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
140	22
📗 Commodities
0	0
📗 Commodities CFDs
14	5
📕 Indices
0	0
📕 Indices CFDs
14	5
📔 ETFs
0	1,000
📔 ETFs CFDs
0	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
11	4
📒 Bonds
0	0
📒 Bonds CFDs
0	1
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	Varies per Cryptocurrency (eg: 0.1 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	Varies per commodity (eg: 1 contract of Gold - 1 ounce)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
400	100
✍ 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	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	No
👬 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.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Varies per account type: Standard: None Pro: $3.50 per lot Elite: $1.75 per lot)	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 20 Pips	Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45	Dynamic - From $2
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $40	Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
Yes	Yes