Axi (AxiTrader)
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74.1% of retail CFD accounts lose money.

Vs.

RoboMarkets
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64.77% of retail CFD accounts lose money.

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

Updated May 26 2022

Visit

74.1% of retail CFD accounts lose money.

Visit

64.77% 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.

Founded in 2012, RoboMarkets offers five different types of accounts, including its proprietary R Stock Trader and ProCents accounts, with access to 12,000 instruments. The different accounts offer different spreads and investment instruments.

Best For
  • Experienced FX Traders looking to benefit from their custom account offering
  • High volume traders looking to benefit from their 0 pips spreads
  • Traders interested in trading U.S. equities, ETFS with access to 3,000 stocks
  • Traders looking for a mix of CFDs and stocks through R Stock Trader
  • Traders seeking small investments through its ProCents account
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

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)
  • CySec (Cyprus)
The Good
  • Competitive account offering for all trader levels with spreads from 0 pips
  • Five different types of accounts for different types of investors, offers copy trading
  • Access to 12,000+ investment instruments, including 3,000 U.S. stocks
  • No inactivity or deposit fee
  • Offers five base currencies, including GOLD, and remote VPS Server
The Bad
  • All assets are CFDs (No real stocks or ETFs offered)
  • Extremely low asset offering (around 150 instruments)
  • Withdrawals fees (EG: 2.4% on Visa and Mastercard, 2% for PayPal)
  • No integrated news feed on trading platforms
  • Serves only European Union Markets
  • Limited commodities to trade
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 documents (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 2012
💳 Minimum Deposit
€, £, $, ¥ - 0 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • Giropay
  • iDeal
  • Polish Internet Banking
  • Global Collect
  • Visa
  • Mastercard
  • Skrill
  • Neteller e-wallets
  • PayPal
  • Webmoney
  • Fasapay
  • Wire transfers
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD 5 - EUR, USD, GBP, CHF, GOLD
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US US, CA, SY (Available only for EU Citizens).
📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No Yes
Assets
📚 Available Assets

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

  • Real stocks and ETFs
  • CFDs on commodities, stocks, etfs, currencies, indices and cryptocurrencies.
📙 Stocks
50 12,000+
📘 Currency Pairs
140+ 35+
📗 Commodities
14 3
📕 Indices
14 9
📔 ETFs
N/A 1,000+
💸 Cryptocurrencies
11 14
📒 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.

RoboMarkets offers a combination of real equities and CFDs depending on the account. Stock trading is offered on its R Stock Trader account.

Trading Experience
📈 Minimum Stock Trade Size
0.01 lots 1 Share
📉 Minimum ETFs Trade Size
N/A 1 ETF
📈 Minimum Crypto Trade Size
0.01 lots Varies per cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
0.01 lots $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
0.01 lots 0.01 Units
📉 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

No – it is defined during the registration process and can’t be changed

🎲 Deleveraged Trading
No Yes, depending on the account
🎓 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 No
💻 Proprietary Platform
Yes (only on mobile devices) Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 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

Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%)

💰 Commissions

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

Varies per product (Eg. ETF Pro $0.0045/share)

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips Dynamic - From 0.3 Pips
📉 SP500
Dynamic - From 90 Pips Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 20 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45 Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN)
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $40 Dynamic - From $1 to $500
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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