FBS
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76.5% of retail CFD accounts lose money.

Vs.

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

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

Updated May 13 2022

Visit

76.5% of retail CFD accounts lose money.

Visit

74.6% of retail CFD accounts lose money.

Overview

FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.

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 trade via MT4 with really low starting amounts using their Cent or Micro accounts
  • Experienced high volume traders looking for a fixed zero spread account
  • 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

1

Other Licenses

3

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
  • IFSC (Belize)
  • CySec (Cyprus)
  • ASIC (Australia)
  • FSCA (South Africa)
  • ASIC (Australia)
  • FCA (Uk)
  • ADGM (United Arab Emirates)
  • SVGFSA (St. Vincent & the Grenadines)
The Good
  • Clear account offering that covers all levels of traders according to their net worth
  • Proprietary copy trading service
  • Access to high leverage (Up to 1:3000)
  • Competitive account offering for all trader levels with spreads from 0 pips
The Bad
  • Asset offering is extremely limited with over 100+ instruments
  • Minimum deposit for ECN account is high $1,000
  • All assets are CFDs (No real stocks or ETFs offered)
  • Extremely low asset offering (around 150 instruments)
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 day minimum (may take longer)
📋 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
2009 2007
💳 Minimum Deposit
From $1 to $1,000 €, £, $, ¥ - 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Neteller
  • Sticpay
  • Skrill
  • Perfect Money
  • Bank Transfer (depending on location and entity)
  • Bitcoin
  • Ethereum
  • USDT (Tether)
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • Giropay
  • iDeal
  • Polish Internet Banking
  • Global Collect
💵 Account Base Currencies
3 - EUR, USD, AUD. 10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
JP, US, CA, MY, IL, IR. US
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

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

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

📙 Stocks
104 50
📘 Currency Pairs
102 140+
📗 Commodities
8 14
📕 Indices
12 14
📔 ETFs
N/A N/A
💸 Cryptocurrencies
28 11
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

All of FBS assets are CFDs.

Axi offers only CFD products. This means popular asset classes like real stocks and ETFs are not available.

Trading Experience
📈 Minimum Stock Trade Size
$1,000 - 0.01 Lots 0.01 lots
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
$1,000 - 0.01 Lots 0.01 lots
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots 0.01 lots
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots 0.01 lots
📉 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 1:3000 Up to 1:30
💪 Professional Leverage
N/A Up to 1:400
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes (only on mobile devices)
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No

$10 monthly after 1 year of inactivity.

💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

FBS commissions vary per account type as follows:

  • Cent account: none
  • Micro account: none
  • Standard account: none
  • Zero spread account: From $20 per lot
  • ECN account: From $6 per lot
  • Crypto account: 0.05% for opening or closing positions

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

Spreads
📈 EUR/USD
From 0 to 3 Pips based on account type Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From $1.7 Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 32 Pips Dynamic - From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.08 Dynamic - From $1.45
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $104 Dynamic - From $40
Research and Analysis
⭐ Watchlists
Yes No
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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