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


Visit 74% of retail CFD accounts lose money.	Visit 74.1% of retail CFD accounts lose money.
Overview
eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.	Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies.
Best For
New traders looking to use the copy trading feature Experienced traders looking to monetise their skills by gaining followers Passive investors looking to buy and hold shares with no commissions	Experienced FX Traders looking to benefit from their custom account offering High volume traders looking to benefit from their 0 pips spreads
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FCA (UK) ASIC (Australia) FSAS (Seychelles)	ASIC (Australia) FCA (Uk) ADGM (United Arab Emirates) SVGFSA (St. Vincent & the Grenadines)
The Good
Social and Copy trading capabilities Trading real shares and cryptocurrencies	Competitive account offering for all trader levels with spreads from 0 pips
The Bad
Copy Trading statistics are not clear enough Lack of advanced order placement controls	All assets are CFDs (No real stocks or ETFs offered) Extremely low asset offering (around 150 instruments)
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	2007
💳 Minimum Deposit Range
From $50 to $200	0
💰 Payment Methods
Visa Mastercard Bank Transfer Sofort Neteller Paypal Skrill	Visa Mastercard Bank Transfer Neteller Skrill Sofort Giropay iDeal Polish Internet Banking Global Collect
💵 Account Base Currencies
1 - USD.	10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD
🗽 Available to U.S Citizens
Yes	No
❌ Restricted Countries
AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.	None
📊 STP Account
Yes	No
📊 DMA Account
Yes	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
4,245	229
Exchange Access
0	0
📙 Real Stocks
2,000	0
📙 Stock CFDs
2,000	50
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
47	140
📗 Commodities
0	0
📗 Commodities CFDs
14	14
📕 Indices
0	0
📕 Indices CFDs
13	14
📔 ETFs
0	0
📔 ETFs CFDs
145	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
26	11
📒 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
$10	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
$10	Unavailable
📈 Minimum Crypto Trade Size
$10	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
Unavailable	400
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
After 12 months of inactivity, a $10 monthly inactivity fee will be charged.	$10 monthly after 1 year of inactivity.
💰 Deposit Fees
Conversion fees apply.	None
💰 Withdrawal Fees
$5 flat fee.	None
💰 Commissions
No commissions on real stocks and ETFs	Varies per account type: Standard: None Pro: $3.50 per lot Elite: $1.75 per lot)
Spreads
📈 EUR/USD
Dynamic - From 1 Pip	Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From 75 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 45 Pips	Dynamic - From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From 0.09%	Dynamic - From $1.45
📈 XLK (ETF - CFD)
Dynamic - From 0.09%	Unavailable
📉 BTC
Fixed - 1%	Dynamic - From $40
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
Yes	No
📡 Account Management
No	No
📡 Webinars
No	Yes