Written by ForexBrokers.com
In this head to head comparison of Axi vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Axi and Alpari are seasoned players in the online brokerage world, with Axi established in 2007 and Alpari in 1998. Neither broker is publicly traded or operates as a bank, making regulatory oversight a vital consideration for traders. Axi shines in this regard, holding two Tier-1 licenses known for their high trust level and one Tier-2 license, all contributing to its "trusted" Trust Score of 82 as rated by ForexBrokers.com.
In contrast, Alpari does not hold any Tier-1 or Tier-2 licenses, which can impact its regulatory standing. Its Trust Score is 68, placing it in the "high risk" category according to ForexBrokers.com. This makes Axi a more attractive option for traders who prioritize regulatory compliance and trust in their online broker.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Year Founded | 2007 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing Axi and Alpari based on commissions and fees, both online brokers offer competitive pricing that may appeal to value-conscious traders. Axi and Alpari each earn a commendable rating of 4 out of 5 stars in this category, indicating that they provide solid options without burdening traders with excessive costs. However, it's important to note that average spread data for both brokers is not available, which some traders might find crucial for a complete assessment.
Despite both brokers having the same star rating for commissions and fees, there are slight differences in their rankings according to ForexBrokers.com. Out of 63 reviewed brokers, Axi is positioned at number 43, whereas Alpari is ranked slightly higher at number 41. This subtle difference suggests that Alpari might offer a marginal edge over Axi in terms of pricing and fees, although both brokers maintain a strong reputation for cost-effectiveness.
In summary, when choosing between Axi and Alpari, traders focusing on commissions and fees will find both brokers to be worthy contenders. With equally strong star ratings but slight variations in rankings, potential clients can trust that both Axi and Alpari offer affordable trading experiences, keeping costs in check while delivering on other essential broker services.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the variety of investment options, both Axi and Alpari provide opportunities in forex trading through Contracts for Difference (CFDs) or spot contracts. Axi stands out with a wider selection, offering 175 tradeable symbols, including 65 forex pairs, while Alpari provides access to 105 symbols and 46 forex pairs. Although neither broker allows trading of exchange-traded securities from the U.S., Alpari gives an advantage with access to international exchanges, enabling users to invest in companies like Vodafone.
Both brokers support investing in cryptocurrency derivatives but do not offer the actual cryptocurrencies directly. Additionally, they each have copy trading features, appealing to those looking to follow successful traders. Axi seems to have the edge with a rating of 3.5 stars for its range of investments, ranked #56 among 63 brokers by ForexBrokers.com. In comparison, Alpari is rated 3 stars, positioned at #63 in the same category. This data suggests Axi as a more versatile choice, especially for those focused on forex trading and derivatives.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 105 |
| Forex Pairs (Total) | 65 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When it comes to comparing the trading platforms and tools of Axi and Alpari, both brokers offer appealing features for traders. Axi provides a solid range of offerings, such as MetaTrader 4 (MT4), a Windows-based desktop platform, and a web-based trading platform. They also support copy trading and ZuluTrade, enhancing the investment experience. Although Axi does not offer its proprietary platform or MetaTrader 5 (MT5), it does provide a free virtual demo account for traders to practice their strategies. In terms of charting tools, Axi comes with 15 drawing tools and the ability to trade directly from stock charts.
Alpari, on the other hand, scores slightly higher in platform variety and tool offerings. Besides the features shared with Axi, like MT4 and a Windows-based platform, Alpari also enhances its offering with MetaTrader 5 (MT5) and a proprietary platform developed in-house. Alpari matches Axi in terms of charting tools with 15 drawing tools and shares the same number of fields for watch lists. Although Alpari does not support ZuluTrade, its overall platform and tools experience is rated higher than Axi’s at 4 stars, placing it at a more favorable ranking with ForexBrokers.com. Both platforms are catered to all levels of traders but may satisfy different preferences depending on the trader's specific needs.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When considering mobile trading apps, both Axi and Alpari offer similar core functionalities for their users. Both brokerages provide apps for iPhone and Android, ensuring that you can trade on the go regardless of your device. Each app allows traders to receive stock and forex price alerts, draw trendlines, and view multiple time frames on charts, enhancing the overall trading experience. With 30 technical studies available for charting, traders with either app can conduct detailed technical analysis. Additionally, both apps let users create watchlists with real-time quotes, helping them keep track of their investments easily. However, neither Axi nor Alpari offers syncing of watchlist symbols or auto-saving of chart drawings.
In terms of user ratings, Alpari's app scores a bit higher with a 4-star rating compared to Axi’s 3.5 stars. This is reflected in their respective rankings in the mobile trading apps category by ForexBrokers.com, where Alpari ranks 56th and Axi 59th out of 63 brokers. While both apps offer essential trading features, Alpari's higher user satisfaction and rank suggest a slightly better user experience. Nevertheless, either option would adequately support your mobile trading activities with its comprehensive toolset and easy-to-use interface.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In comparing the market research offerings between Axi and Alpari, both online brokers deliver quality services with some notable differences. Axi and Alpari provide users with forex news from reputable sources like Bloomberg and Reuters, ensuring they stay informed with reliable updates. Both brokers also feature technical analysis tools from Autochartist, giving traders valuable insights. However, while Axi includes a sentiment analysis tool that reveals trading positions across various instruments, Alpari does not offer this feature. When it comes to economic calendars, both brokers excel in providing information on global news events, aiding traders in planning their strategies effectively.
Despite these similarities, both Axi and Alpari lack daily market commentary and research from TipRanks or Acuity Trading, reflecting areas where they could expand their research services. While Axi is ranked #55 in the Research category by ForexBrokers.com, slightly ahead of Alpari at #57, both brokers share an equal rating of 3 stars for their research capabilities. This suggests that their services are well-balanced but leave room for improvement in certain areas to better assist traders in making informed decisions.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for new traders, both Axi and Alpari provide a variety of tools to help beginners get started in forex or CFD trading. Each platform offers no less than 10 educational pieces, including articles, videos, and webinars in this area. While both furnish a solid foundation for newcomers with beginner-focused educational videos, Axi additionally hosts monthly online educational webinars, which Alpari does not. Neither broker offers a searchable archive of past webinars, making it crucial for traders to participate live to gain the full benefits.
In terms of additional educational support, both Axi and Alpari supply an investor dictionary containing more than 50 terms, aiding newcomers in understanding trading jargon. Despite their comparable offerings, it’s interesting to note that Axi secures a higher rank in education by ForexBrokers.com, positioned at #27 out of 63 brokers, in contrast to Alpari’s rank at #48. This positioning might make Axi a slightly more appealing option for those beginning their trading journey who value regular live educational webinars. However, both brokers hold an equal educational rating of 3 out of 5 stars, reflecting their commitment to assisting beginners in the trading world.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Axi is better than Alpari. Axi finished with an overall rank of #49, while Alpari finished with an overall rank of #58.
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.
| Feature |
Axi
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Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 68 |
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Both Axi and Alpari do not offer the ability to buy actual delivered cryptocurrencies, but they both provide options to purchase cryptocurrency derivatives.
Both Axi and Alpari provide options to deposit or withdraw account funds via Skrill, Visa or Mastercard, and bank wires, but neither supports ACH, SEPA, or PayPal transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Axi | Alpari | |
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| Trust Score | 82 | 68 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | Alpari | |
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| Regulation | Axi | Alpari | |
|---|---|---|---|
| Trust Score | 82 | 68 | |
| Year Founded | 2007 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Axi | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Axi | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 105 | |
| Forex Pairs (Total) | 65 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Axi | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Axi | Alpari | |
|---|---|---|---|
| Minimum Deposit | $0 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Axi | Alpari | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Axi | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Axi | Alpari | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Axi | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Axi | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | Axi | Alpari | |
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| Trust Score | 82 | 68 | |
| Winner | check_circle | ||
| Review |
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