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

Vs.

XTB
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79% of retail CFD accounts lose money.

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

Updated Dec 22 2022

Visit

74.1% of retail CFD accounts lose money.

Visit

79% 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.

XTB is an international broker specialised in CFD trading and low cost forex spreads.

Best For
  • Experienced FX Traders looking to benefit from their custom account offering
  • High volume traders looking to benefit from their 0 pips spreads
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
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

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)
  • CySec (Cyprus)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
The Good
  • Competitive account offering for all trader levels with spreads from 0 pips
  • Low forex & stock spreads
  • Professional platform with customisable layouts
The Bad
  • All assets are CFDs (No real stocks or ETFs offered)
  • Extremely low asset offering (around 150 instruments)
  • No ability to remove or customise leverage
  • High commissions on stocks & ETFs
  • 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
⌛ 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 2002
💳 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
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD 5 - USD, GBP, EUR, PLN, HUF.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
None

US, SY, IR.

📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
229 2,131
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
50 1,877
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
140 57
📗 Commodities
0 0
📗 Commodities CFDs
14 21
📕 Indices
0 0
📕 Indices CFDs
14 36
📔 ETFs
0 0
📔 ETFs CFDs
0 135
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
11 5
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 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) $50 trade value
📉 Minimum ETFs Trade Size
Unavailable $50 trade value
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Varies by Crypto (Eg: 0.01 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 by Commoditty (Eg: 0.01 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
400 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 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 Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

$10 monthly after 1 year of inactivity.

$10 monthly after 1 year of inactivity.

💰 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)

For Stocks and ETFs there is an 0.08% commission with $8 minimum.

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips Dynamic - From 0 to 0.8 Pips
📉 SP500
Dynamic - From 90 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 20 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable Dynamic - Market Spread
📉 BTC
Dynamic - From $40 Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
Yes Yes