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

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

Updated May 13 2022

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74.6% of retail CFD accounts lose money.

Visit

Your Capital is at risk.

Overview

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

ThinkMarkets is a global broker headquartered in Australia that offers real stocks and ETFs along with CFDs on stocks, etfs, commodities, indices and cryptocurrencies accompanied by their proprietary platform: ThinkTrader.

Best For
  • Experienced FX Traders looking to benefit from their custom account offering
  • High volume traders looking to benefit from their 0 pips spreads
  • Passive investors looking to buy, hold or transfer real shares or ETFs from ASX
  • Active traders looking to exploit their low spreads on CFDs
  • MetaTrader 4 & 5 traders looking for a convenient offering
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

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (Uk)
  • ADGM (United Arab Emirates)
  • SVGFSA (St. Vincent & the Grenadines)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • FSCA (South Africa)
The Good
  • Competitive account offering for all trader levels with spreads from 0 pips
  • Possibility to invest in real stocks and ETFs or trade CFDs
  • Proprietary platform ThinkTrader is smooth and user friendly
  • Spreads are very competitive when compared to similar competitors
The Bad
  • All assets are CFDs (No real stocks or ETFs offered)
  • Extremely low asset offering (around 150 instruments)
  • Real stocks or ETFs are only from ASX (Australian Securities Exchange)
  • Expensive stock trading commissions ($8 flat fee for ASX shares or ETFs)
  • While their stock and ETFs offering is great, they lack variety in all other asset classes
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.

📍 Year Founded
2007 2010
💳 Minimum Deposit
€, £, $, ¥ - 0

0 for Standard Account / $500 for Zero account

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • Giropay
  • iDeal
  • Polish Internet Banking
  • Global Collect
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Bank Transfer
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD 6 - EUR, AUD, CHF, GBP, JPY, USD.
🗽 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 from ASX.
  • CFDs on stocks, ETFs, indices, commodities and cryptocurrencies.
📙 Stocks
50 3,100+ real shares (ASX) / 1246 CFDs
📘 Currency Pairs
140+ 47
📗 Commodities
14 11
📕 Indices
14 27
📔 ETFs
N/A 103
💸 Cryptocurrencies
11 21
📒 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.

ThinkMarkets offers both real stocks & ETFs along with CFDs on several asset classes.

Trading Experience
📈 Minimum Stock Trade Size
0.01 lots Fractional share trading - From 0.1 Shares
📉 Minimum ETFs Trade Size
N/A Fractional ETF trading - From 0.1 ETFs
📈 Minimum Crypto Trade Size
0.01 lots Varies per cryptocurrency (eg: from 0.01 units of BTC)
📉 Minimum FX Trade Size
0.01 lots $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
0.01 lots Varies per commodity (eg: 1 ounce of Gold)
📉 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
🎲 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 Only for MT4 and MT5.
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes (only on mobile devices) Yes (Only for Standard Account)
📊 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 No
💰 Commissions

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

  • For Standard account there are no commissions
  • For Zero account there is a commission of $3.5 per lot round turn

For real stocks and ETFs investing, there is a flat fee of $8 per trade (in-and-out) or if the trade value is above $200,000 then a 0.05% fee per trade.

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips From 0.4 Pips to 1 Pip
📉 SP500
Dynamic - From 90 Pips From 40 Pips
📈 GOLD
Dynamic - From 20 Pips From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45 From 20 Pips
📈 XLK (ETF - CFD)
N/A Dynamic - From $0.01
📉 BTC
Dynamic - From $40 Dynamic - From $30
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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