Written by ForexBrokers.com
In this head to head comparison of DooPrime vs Axi, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
DooPrime and Axi are both reputable choices for those looking to venture into online trading. Founded in 2014, DooPrime holds four Tier-1 licenses, indicating a strong degree of trust and reliability. It is not publicly traded and does not operate as a bank. With a Trust Score of 83 out of 99 according to ForexBrokers.com, it falls within the trusted category, showcasing its solid regulatory standing.
Axi, established in 2007, also operates as a private broker without any banking operations. It possesses two Tier-1 licenses and one Tier-2 license, highlighting its commitment to maintaining trust and regulatory compliance. Axi holds a Trust Score of 82 on ForexBrokers.com, placing it alongside DooPrime in the trusted category. Both brokers provide dependable platforms with similar regulatory backing, though DooPrime slightly edges out in terms of Tier-1 regulatory credentials.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Year Founded | 2014 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When it comes to commissions and fees, DooPrime offers a service that is functional but doesn't particularly stand out in the crowded broker landscape. It currently holds a 3-star rating and ranks near the bottom at #59 out of 63 brokers for its fee structure according to ForexBrokers.com. This suggests there might be room for improvement in the way DooPrime structures its cost-related offerings to better serve its clients.
In comparison, Axi provides a more competitive fee structure. It is awarded a 4-star rating for its commissions and fees, reflecting a stronger value proposition in this area. According to ForexBrokers.com, Axi holds a more favorable rank of #43 out of 63 brokers. This ranking highlights Axi's relatively better approach to handling trading costs, making it a more appealing choice for budget-conscious traders.
When deciding between these two options, traders may find Axi's more advantageous ratings and higher ranking an attractive factor in their decision process, especially if lower fees and commissions are a significant part of their trading strategy. Meanwhile, those considering DooPrime might take into account its current position in the rankings as part of their overall assessment.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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 evaluating the range of investments offered by online brokers, DooPrime and Axi present notable differences. DooPrime stands out with a staggering 10,000 tradeable symbols, while Axi offers 175. Both brokers facilitate forex trading as CFDs, catering to investors with 60 forex pairs at DooPrime and 65 at Axi. However, DooPrime provides an edge for those interested in exchange traded securities, allowing clients access to shares on both U.S. and international exchanges, unlike Axi, which lacks this feature. Additionally, both brokers support copy trading, although DooPrime shines in overall investment variety.
Axi does offer a distinct advantage for cryptocurrency enthusiasts, providing access to cryptocurrency derivatives, a facility not available at DooPrime. Despite this, DooPrime excels in overall range, as highlighted by their 5-star rating and rank of 12th out of 63 brokers for investment range by ForexBrokers.com, compared to Axi's 3.5-star rating and 56th position. For those prioritizing a broad spectrum of investment options, DooPrime appears to be the frontrunner, with its significant assortment of tradeable instruments and unique opportunity to trade shares on multiple exchanges.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 175 |
| Forex Pairs (Total) | 60 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | 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 comparing trading platforms and tools between DooPrime and Axi, both brokers offer free virtual demo accounts, allowing users to practice trading without any risk. DooPrime stands out with its proprietary platform, developed in-house, while Axi does not offer a proprietary option. Both brokers provide access to a Windows-based desktop and a web-based platform, but DooPrime has a slight advantage by offering the latest MetaTrader 5 (MT5) platform, something Axi does not provide. Both platforms are equipped with MetaTrader 4 (MT4) and support copy trading for users interested in mirroring others' strategies. However, Axi users can access ZuluTrade, a feature not available for DooPrime customers.
When it comes to charting tools, both brokers provide 15 drawing tools and the ability to trade directly from the stock charts. Their watch lists are identical, offering seven columns for users to organize their trading views. In terms of regulatory ratings, DooPrime earns four stars for its trading platforms and tools, ranking 25th out of 63 brokers on ForexBrokers.com. On the other hand, Axi holds a slightly lower rating at 3.5 stars and lands at the bottom of the list in the same category. These distinctions highlight DooPrime's slightly greater array of platform options and trading tools, appealing to a wider range of trader preferences.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| 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 it comes to mobile trading apps, both DooPrime and Axi provide offerings for iPhone and Android users, ensuring you can trade on the go. Both apps allow you to receive stock and forex price alerts and offer the ability to draw trendlines on charts and view in multiple time frames, providing flexibility in tracking market movements. However, a notable difference lies in the ease of keeping your analysis intact; while DooPrime's app automatically saves your chart drawings, Axi's does not. This feature, along with a few others, may contribute to DooPrime securing a slightly higher mobile app user rating of four stars compared to Axi's 3.5 stars.
DooPrime and Axi both offer a satisfying suite of 30 technical studies for charting on their mobile platforms, equipping traders with analytical tools to make informed decisions. Each app lets users create watchlists with real-time quotes, although neither supports watchlist syncing across devices, which means any changes you make won't sync between the mobile app and your online account seamlessly. Despite these similarities, DooPrime distinguishes itself by achieving a more favorable ranking, placing 25th out of 63 brokers in the ForexBrokers.com Mobile Trading Apps category, whereas Axi ranks lower at 59th. This could reflect DooPrime's overall more favorable reception among users who prioritize mobile trading experiences.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| 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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the research offerings of online brokers DooPrime and Axi, both platforms cater to traders seeking valuable insights, though each has its unique strengths. DooPrime excels with daily market commentary and access to news from top-tier sources like Bloomberg and Reuters, providing timely insights for informed decision-making. Although it lacks tools from Autochartist, DooPrime offers advanced analysis resources from Trading Central. Additionally, both brokers provide economic calendars to keep traders updated on global events, but DooPrime edges out Axi by excelling in its overall research materials, earning a solid four-star rating compared to Axi’s three stars. This strength contributes to DooPrime's higher ranking in the research category, positioned at #29 out of 63 brokers, in contrast to Axi’s #55 ranking.
On the other hand, Axi offers traders the advantage of a sentiment-based trading tool, providing a unique perspective on market positions across currency pairs. Though Axi does not provide daily commentary, it aligns with DooPrime in offering forex news from trusted sources, essential for traders who require reliable market updates. Axi also compensates with technical analysis resources from Autochartist, making it a suitable choice for traders emphasizing analysis tool variety. However, when it comes to comprehensive research offerings, DooPrime’s slightly more diverse resources promote it as the stronger contender in the market research category.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| 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 beginners, both DooPrime and Axi offer solid foundations with over ten instructional pieces, including articles and videos, focusing on forex and CFDs. However, Axi has an edge in providing live webinars monthly, which can enhance interactive learning though neither broker keeps a searchable archive of past sessions. For those just starting, both platforms provide over ten beginner-friendly videos. Yet, in more advanced trading topics, DooPrime takes the lead with its range of videos that cater to experienced traders, a feature Axi does not currently offer.
Additionally, Axi supplies a robust investor dictionary with over 50 investing terms, a resource not available with DooPrime. In terms of overall educational quality, DooPrime receives a commendable four-star rating, placing it at #25 out of 63 brokers in the ForexBrokers.com Education category. Meanwhile, Axi, while slightly behind with a three-star rating, still holds a respectable #27 ranking. Each broker has its unique strengths, depending on the type of educational experience you are seeking.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that DooPrime is better than Axi. DooPrime finished with an overall rank of #28, while Axi finished with an overall rank of #49.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 83 | 82 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing DooPrime and Axi in terms of cryptocurrency trading, neither broker offers the ability to purchase actual delivered cryptocurrencies, but Axi provides the option to trade cryptocurrency derivatives, whereas DooPrime does not.
While both DooPrime and Axi support Skrill, Visa/Mastercard, and bank wires for deposits and withdrawals, DooPrime additionally offers PayPal, setting it apart from Axi which does not, and neither broker supports ACH or SEPA transfers.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | DooPrime | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review |
| Broker Screenshots | DooPrime | Axi | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | DooPrime | Axi | |
|---|---|---|---|
| Trust Score | 83 | 82 | |
| Year Founded | 2014 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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) | DooPrime | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 175 | |
| Forex Pairs (Total) | 60 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | 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 | DooPrime | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | Axi | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | DooPrime | Axi | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | DooPrime | Axi | |
|---|---|---|---|
| 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 | DooPrime | Axi | |
|---|---|---|---|
| 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 | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | DooPrime | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | Axi | |
|---|---|---|---|
| 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 | DooPrime | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill