Written by ForexBrokers.com
In this head to head comparison of easyMarkets 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.
When comparing easyMarkets and Axi, both online brokers offer a trustworthy trading environment as rated by ForexBrokers.com. Founded in 2001, easyMarkets maintains a Trust Score of 84 out of 99, indicating a trusted status. Meanwhile, Axi, established in 2007, holds a Trust Score of 82, also falling under the trusted category. Neither easyMarkets nor Axi is publicly traded or operates as a bank, focusing instead on providing reliable brokerage services for traders.
In terms of regulation, both easyMarkets and Axi are well-supported by their respective licenses. Each broker holds two Tier-1 licenses, which are considered highly trusted, along with one Tier-2 license, demonstrating their adherence to trusted regulatory standards. These credentials provide an assurance to traders, highlighting the brokers' commitment to maintaining a secure and regulated trading platform.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Year Founded | 2001 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing easyMarkets to Axi when it comes to commissions and fees reveals some clear differences. easyMarkets offers fixed spreads of 0.8 pips for EUR/USD on its own platform and TradingView. However, for those using MT4, the cost increases to 1.7 pips for the Standard account, while the VIP account offers a reduced spread of 0.7 pips. On the other hand, MT5 features a variable spread that starts from 0.7 pips. Despite the more straightforward pricing with fixed spreads on easyMarkets platforms, its overall commissions and fees are rated at 3.5 stars.
In contrast, Axi does not provide average spread data, making direct comparisons a bit tricky. Nonetheless, Axi secured a 4-star rating for commissions and fees, demonstrating a more favorable impression among users. This suggests a more competitive fee structure compared to easyMarkets, even without specific average spread information.
Considering rankings, easyMarkets is positioned at #52 out of 63 brokers for its commissions and fees, according to ForexBrokers.com. Meanwhile, Axi holds a better spot at #43, indicating a slightly superior standing in terms of cost-effectiveness in the trading community.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Minimum Deposit | $25 | $0 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | 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 comparing the range of investments at easyMarkets and Axi, both online brokers offer traders a comprehensive yet distinct set of options. Both platforms support forex trading through CFDs, with easyMarkets offering a wider array of tradeable symbols at 230 compared to Axi's 175. While Axi takes a slight edge in forex pairs, offering 65 pairs against easyMarkets' 63, neither broker provides the option to trade exchange-traded securities on either U.S. or international exchanges, such as buying direct stocks like Apple or Vodafone.
For those interested in exploring cryptocurrency, both easyMarkets and Axi facilitate trading through cryptocurrency derivatives, not the actual crypto assets. Additionally, both brokers cater to investors looking to mirror the strategies of successful traders by offering copy trading services. Both easyMarkets and Axi are equally rated at 3.5 stars for their range of investment options. However, easyMarkets slightly outpaces Axi in ForexBrokers.com's rankings for range of investments, sitting at 54th compared to Axi's 56th position out of 63 brokers.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 230 | 175 |
| Forex Pairs (Total) | 63 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| 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 comparing easyMarkets and Axi, both brokers provide traders the opportunity to practice with a virtual demo account, making it convenient for beginners to get a feel for the trading process. easyMarkets stands out with its proprietary platform, bringing a unique touch to its offerings, while Axi relies on established third-party platforms. Both brokers provide options for trading on Windows-based and web-based platforms and support MetaTrader 4. However, easyMarkets also supports MetaTrader 5, giving it a slight edge in terms of variety.
For those interested in copy trading, easyMarkets and Axi both offer this feature, though Axi further extends its capabilities by integrating ZuluTrade into its platform. Charting options differ slightly, with easyMarkets providing a comprehensive 30 drawing tools compared to Axi’s 15, and easyMarkets offers eight columns for watch lists against Axi's seven. Overall, when it comes to platform ratings, easyMarkets earns four stars for its trading platforms and tools, while Axi follows closely with 3.5 stars. This distinction is reflected in their rankings, with easyMarkets holding the 35th position out of 63 brokers, in contrast to Axi, which is ranked at the bottom.
| Feature |
easyMarkets
|
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) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both easyMarkets and Axi provide mobile trading apps compatible with iPhone and Android, offering a convenient way for users to engage in forex trading on-the-go. However, there are some key differences. easyMarkets stands out with 81 technical studies available for charting, compared to Axi’s 30. Additionally, easyMarkets offers a syncing watchlist feature, ensuring that the watchlist in their mobile app aligns seamlessly with changes made in the online account. This feature is absent in Axi's mobile app. Unfortunately for easyMarkets users, the app does not support price alerts, a feature that Axi provides.
On the charting front, both apps allow users to draw trendlines and view multiple time frames such as daily, weekly, or intraday, making technical analysis more accessible. However, neither app saves chart drawings automatically. When it comes to user ratings, easyMarkets edges out with a 4-star rating compared to Axi’s 3.5 stars. Furthermore, according to ForexBrokers.com, easyMarkets is ranked as the 30th best app out of 63 brokers, while Axi is ranked at 59th. User preferences may vary, but those looking for more technical charting tools and a seamless watchlist experience might lean towards easyMarkets.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 81 | 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.
When comparing easyMarkets and Axi for market research, there are noteworthy differences in the resources they provide to traders. easyMarkets stands out by offering daily market commentary and access to forex news from premier sources such as Bloomberg and Reuters. They also provide tools from Trading Central for technical analytics and boast a sentiment-based trading tool that helps gauge market positions. An additional benefit for easyMarkets users is an economic calendar featuring global news events. With these offerings, easyMarkets has earned a research rating of 3.5 stars and is ranked #43 in the category by ForexBrokers.com.
In contrast, Axi does not offer daily market commentary but still delivers forex news from renowned sources like Bloomberg and Reuters. Traders at Axi can utilize Autochartist's research tools, which are unavailable at easyMarkets. Like easyMarkets, Axi offers a sentiment-based trading tool and an economic calendar to stay informed on global developments. Despite these features, Axi receives a research rating of 3 stars and is ranked #55 out of 63 brokers by ForexBrokers.com, indicating a slightly less favorable overall impression compared to easyMarkets.
| Feature |
easyMarkets
|
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 | Yes | 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 easyMarkets and Axi have strengths to offer. easyMarkets provides a wide range of forex and CFD educational materials, including over ten dedicated articles, videos, and archived webinars. Additionally, easyMarkets hosts client webinars every month and offers a searchable archive for past sessions. They also provide more than ten beginner-focused trading videos, alongside advanced videos tailored for experienced traders. As a helpful addition, easyMarkets maintains an investor dictionary with definitions of over 50 investing terms, making it a valuable tool for novices. easyMarkets receives a 3.5-star rating for its educational offerings, ranking 39th out of 63 brokers on ForexBrokers.com.
On the other hand, Axi also delivers a solid foundation for beginners with over ten educational pieces focusing on forex and CFDs, alongside monthly online webinars. However, Axi does not offer a searchable archive of past webinars. While the platform has plenty of beginner videos, it lacks advanced videos designed for seasoned traders. Like easyMarkets, Axi includes an investor dictionary covering more than 50 terms. Despite some limitations, Axi still garners a 3-star rating for education and holds a better rank, placed at 27th out of 63 brokers according to ForexBrokers.com. Each platform provides valuable resources for newcomers, but the choice between them may depend on whether you value having access to archived webinars and advanced educational content.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 easyMarkets is better than Axi. easyMarkets finished with an overall rank of #42, while Axi finished with an overall rank of #49.
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, its web platform is a bit dated and it offers a below-average selection of tradeable products.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 82 |
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Both easyMarkets and Axi do not provide the option to purchase actual delivered cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
While both easyMarkets and Axi provide Skrill, Visa, Mastercard, and bank wire options for deposits and withdrawals, only easyMarkets offers ACH and SEPA transfers, whereas neither broker supports 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 | easyMarkets | Axi | |
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| Trust Score | 84 | 82 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
| Broker Screenshots | easyMarkets | Axi | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | easyMarkets | Axi | |
|---|---|---|---|
| Trust Score | 84 | 82 | |
| Year Founded | 2001 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | easyMarkets | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | easyMarkets | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | easyMarkets | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 230 | 175 | |
| Forex Pairs (Total) | 63 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| 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 | easyMarkets | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | easyMarkets | Axi | |
|---|---|---|---|
| Minimum Deposit | $25 | $0 | |
| 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 | Yes | No |
| Trading Platforms | easyMarkets | 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 | easyMarkets | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | easyMarkets | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 81 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | No |
| Research | easyMarkets | 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 | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | easyMarkets | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | easyMarkets | 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 | easyMarkets Review |
| Overall | easyMarkets | Axi | |
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| Trust Score | 84 | 82 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
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