Admiral Markets vs Axi 2023

Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by four Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). Admiral Markets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Financial Conduct Authority (FCA), and the European Union via MiFID.

AxiTrader is not publicly traded and does not operate a bank. AxiTrader is authorised by two Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). AxiTrader is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.

Axi, previously known as AxiTrader, is an evolving brand regulated in Australia, the UK, and the UAE. With just the MetaTrader platform available, and a limited range of investment products, Axi lags behind the best multi-asset brokers.

To open a forex trading account with Admiral Markets, you'll need to make an initial minimum deposit of $100.

Admiral Markets requires a minimum deposit of $0 before you can open an account and start trading forex.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Admiral Markets offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas Axi provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw)

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Admiral Markets offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 100 international regulatory agencies to help you choose the most well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Admiral Markets holds 4 global Tier-1 licenses, while Axi holds 2. Admiral Markets holds 2 global Tier-2 licenses, while Axi holds 1.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Admiral Markets (93) earned a higher Trust Score than Axi (81).

To compare the trading platforms of both Admiral Markets and Axi, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Admiral Markets offers a better experience. With research, Admiral Markets offers superior market research. Finally, we found Admiral Markets to provide better mobile trading apps.

Here’s what trading platforms are available at Admiral Markets:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

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Here’s what trading platforms are available at Axi:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - No
• ZuluTrade - Yes
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Admiral Markets and Axi offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Admiral Markets and Axi both offer copy trading.

Admiral Markets provides traders 80 currency pairs (e.g., EUR/USD) compared to Axi's 65 available pairs. If you are interested in trading CFDs, Admiral Markets offers traders access to 6942 CFDs, while Axi offers access to 175 CFDs; so Admiral Markets offers 6767 more CFDs than Axi.

We found in our testing that Admiral Markets offers a more diverse selection of investment options than Axi, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Cryptocurrency (Physical).