πŸ“ˆ Ready to trade smarter?

Sign up now for early access to future courses and exclusive broker discounts. Don't miss your chance to elevate your trading game! πŸš€

    We respect your privacy. Unsubscribe at any time.

    Axi (AxiTrader)
    Visit

    74.1% of retail CFD accounts lose money.

    Vs.

    Plus500
    Visit

    77% of retail CFD accounts lose money.

    Axi (AxiTrader) Vs. Plus500 - Compare Trustworthiness, Capabilities, Fees and Legitimacy

    Updated Dec 22 2022

    Visit

    74.1% of retail CFD accounts lose money.

    Visit

    77% 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.

    Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options.

    Best For
    • Experienced FX Traders looking to benefit from their custom account offering
    • High volume traders looking to benefit from their 0 pips spreads
    • Intermediate traders looking to trade short term
    • Experienced traders looking to speculate using CFDs based on options
    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

    3

    Other Licenses

    1

    Provided by
    TheTradingBible.com

    Learn More
    πŸ› Financial Regulators
    • ASIC (Australia)
    • FCA (Uk)
    • ADGM (United Arab Emirates)
    • SVGFSA (St. Vincent & the Grenadines)
    • CySec (Cyprus)
    • FCA (UK)
    • ASIC (Australia)
    • MAS (Singapore)
    The Good
    • Competitive account offering for all trader levels with spreads from 0 pips
    • CFDs on american options offered
    • Low minimum trade sizes
    • Propietary platform with multi-charting tools
    The Bad
    • All assets are CFDs (No real stocks or ETFs offered)
    • Extremely low asset offering (around 150 instruments)
    • No ability to remove leverage
    • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
    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
    βŒ› Account Opening Time
    1 day 1 day
    πŸ“‹ 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.

    πŸ“ Year Founded
    2007 2008
    πŸ’³ Minimum Deposit Range
    0 $100
    πŸ’° Payment Methods
    • Visa
    • Mastercard
    • Bank Transfer
    • Neteller
    • Skrill
    • Sofort
    • Giropay
    • iDeal
    • Polish Internet Banking
    • Global Collect
    • Visa
    • Mastercard
    • Bank Transfer
    • Paypal
    • Skrill
    πŸ’΅ Account Base Currencies
    10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD 16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
    πŸ—½ Available to U.S Citizens
    No No
    ❌ Restricted Countries
    None

    US, CA, CU, SY, IR.

    πŸ“Š STP Account
    No Yes
    πŸ“Š DMA Account
    Yes No
    πŸ“Š ECN Account
    No No
    Banking License
    No No
    Debit Card
    No No
    Assets
    πŸ“š Assets Type
    CFDs CFDs
    Total Asset Offering
    229 2,245
    Exchange Access
    0 0
    πŸ“™ Real Stocks
    0 0
    πŸ“™ Stock CFDs
    50 2,000
    πŸ“˜ Currency Pairs
    0 0
    πŸ“˜ Currency Pair CFDs
    140 70
    πŸ“— Commodities
    0 0
    πŸ“— Commodities CFDs
    14 25
    πŸ“• Indices
    0 0
    πŸ“• Indices CFDs
    14 26
    πŸ“” ETFs
    0 0
    πŸ“” ETFs CFDs
    0 95
    πŸ’Έ Cryptocurrencies
    0 0
    πŸ’Έ Cryptocurrency CFDs
    11 14
    πŸ“’ Bonds
    0 0
    πŸ“’ Bonds CFDs
    0 0
    πŸ““ Options
    0 0
    πŸ““ Options CFDs
    0 15
    πŸ“— Futures
    0 0
    πŸ“— Futures CFDs
    0 0
    Trading Experience
    πŸ“ˆ Minimum Stock Trade Size
    $1,000 (0.01 Lots) Variable - Fractions Allowed
    πŸ“‰ Minimum ETFs Trade Size
    Unavailable Variable - Fractions Allowed
    πŸ“ˆ Minimum Crypto Trade Size
    $1,000 (0.01 Lots) Varies by Crypto (Eg: 0.001 BTC)
    πŸ“‰ Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 Lots)
    πŸ“ˆ Minimum Commodities Trade Size
    $1,000 (0.01 Lots) Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)
    πŸ“‰ Minimum Bonds Trade Size
    Unavailable Unavailable
    πŸ“ˆ Minimum Futures Trade Size
    Unavailable Unavailable
    πŸ“‰ Minimum Options Trade Size
    Unavailable Varies by Option (Eg: 5 contracts of Tesla Calls)
    πŸ’ͺ Retail Leverage
    30 30
    πŸ’ͺ Professional Leverage
    400 300
    ✍ Customisable Leverage
    Yes No
    🎲 Deleveraged Trading
    No No
    πŸŽ“ Demo Account
    Yes Yes
    πŸ“± IOS App
    Yes Yes
    πŸ“± Android App
    Yes Yes
    πŸ“Ί MetaTrader 4
    Yes No
    πŸ“Ί MetaTrader 5
    No No
    πŸ“Ί cTrader
    No No
    πŸ’» Web trader
    Yes Yes
    πŸ’» TradingView Platform
    No No
    πŸ’» Proprietary Platform
    Yes Yes
    πŸ“Š Multi-chart Tools
    No Yes
    πŸ‘¬ Copy Trading
    No No
    πŸ‘« Social Trading
    No No
    πŸ”‘ Guaranteed Stop-loss
    No Yes
    πŸ”¨ Trailing Stop-loss
    Yes Yes
    Fees
    πŸ’° Inactivity Fee

    $10 monthly after 1 year of inactivity.

    $10 every 3 months of inactivity.

    πŸ’° Deposit Fees
    None None
    πŸ’° Withdrawal Fees
    None None
    πŸ’° Commissions

    Varies per account type:

    • Standard: None
    • Pro: $3.50 per lot
    • Elite: $1.75 per lot)
    None
    Spreads
    πŸ“ˆ EUR/USD
    Dynamic - From 0 to 1.4 Pips Dynamic - From 0.8 Pips
    πŸ“‰ SP500
    Dynamic - From 90 Pips Dynamic - From 70 Pips
    πŸ“ˆ GOLD
    Dynamic - From 20 Pips Dynamic - From 30 Pips
    πŸ“‰ TSLA (Stock CFD)
    Dynamic - From $1.45 Dynamic - From $5.2
    πŸ“ˆ XLK (ETF - CFD)
    Unavailable Dynamic - From 7 Pips
    πŸ“‰ BTC
    Dynamic - From $40 Dynamic - From $136
    Research and Analysis
    ⭐ Watchlists
    Yes No
    πŸ”­ Stock Screener
    No No
    πŸ—“ Economic Calendar
    Yes Yes
    πŸ“œ Integrated Newsfeed
    No No
    πŸ“‘ Reuters Feed
    No No
    πŸ“‘ Educational Content
    Yes No
    πŸ“‘ Live Chat Support
    Yes Yes
    πŸ“‘ Video Tutorials
    No No
    πŸ“‘ Account Management
    No No
    πŸ“‘ Webinars
    Yes No