Written by ForexBrokers.com
In this head to head comparison of Eightcap 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.
Eightcap and Axi are well-known online brokers, each bringing their own strengths to the table. Founded in 2009, Eightcap has earned a ForexBrokers.com Trust Score of 85, placing it in the trusted category. Although not publicly traded or a bank, Eightcap impresses with three Tier-1 licenses, reflecting high trust levels. This aligns with its solid regulatory framework, assuring clients of a secure trading environment.
Founded in 2007, Axi offers a Trust Score of 82, also deeming it a trusted choice. Despite not being publicly listed or a bank, Axi provides strong regulatory backing with two Tier-1 licenses and an additional Tier-2 license, reinforcing its commitment to safe trading practices. Both brokers are not only reliable but actively ensure compliance and security, giving traders peace of mind when making investment decisions.
| Feature |
Eightcap
|
Axi
|
|---|---|---|
| Year Founded | 2009 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Looking at commissions and fees, both Eightcap and Axi earn 4 out of 5 stars. However, Eightcap ranks higher at #27 out of 63 brokers in ForexBrokers.com’s Commissions and Fees category, while Axi ranks #44 out of 63.
Eightcap offers two account types across its entities licensed in Australia, the Bahamas, the U.K., and Cyprus: a Standard (spread-only) account and a Raw (commission-based) account. On the Raw account, the listed average spread is 0.06 pips; after adding a $3.50 per side commission, the all-in cost is about 0.76 pips—just under the industry average of 0.8 pips. Overall, Eightcap is a bit more expensive than the very lowest-cost forex brokers, but its Raw pricing remains competitive.
For Axi, average spread data isn’t available, which limits a direct comparison of all-in costs. Even so, Axi holds a 4-star score for commissions and fees and is ranked #44 out of 63, suggesting its pricing is respectable but not among the leaders.
| Feature |
Eightcap
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | 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.
Eightcap vs Axi: for range of investments, Eightcap offers 803 tradeable symbols compared with Axi’s 175. If you’re focused on forex, Axi lists 65 currency pairs while Eightcap has 55, and both brokers let you trade forex via CFDs. Eightcap’s bigger overall lineup can appeal if you want more markets to choose from within CFDs.
Neither broker provides direct stock trading on U.S. or international exchanges—stock exposure is available through CFDs only. Both support copy trading. For crypto, each broker offers cryptocurrency derivatives, but not actual coins. On ForexBrokers.com, both earn 3.5 out of 5 stars for Range of Investments; in category rankings, Eightcap is 41st of 63 brokers, while Axi is 57th.
| Feature |
Eightcap
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 175 |
| Forex Pairs (Total) | 55 | 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.
Eightcap and Axi both make it easy to get started with a free demo account for paper trading. Neither brand offers its own in-house platform; instead, both support MetaTrader 4 (MT4) and provide web-based trading plus a Windows desktop download. You can place trades directly from charts with either broker, and both support copy trading. The key difference: Eightcap also offers MetaTrader 5 (MT5), while Axi does not.
For trading platforms and tools, ForexBrokers.com rates Eightcap at 4 stars and Axi at 3.5 stars, with Eightcap ranked #39 and Axi ranked #64 in this category. If you want access to MT5 alongside MT4, Eightcap is the better fit. If you only need MT4 and prefer a straightforward setup, Axi may suit your needs.
| Feature |
Eightcap
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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 [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and Axi both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, real-time watchlists, and 30 technical studies for charting. You can draw trendlines and switch among multiple time frames—such as intraday, daily, and weekly—on both platforms, making it easy to analyze markets on the go.
Key differences show up in convenience features. Eightcap syncs watchlists with your online account and auto-saves chart drawings; Axi does not. That may matter if you switch between devices or revisit annotated charts. In overall evaluations, Eightcap is rated 4 stars and ranked #39 out of 63 for Mobile Trading Apps by ForexBrokers.com, while Axi holds a 3.5-star rating and ranks #60. If synced watchlists and saved drawings are important to you, Eightcap has the edge; if you just need the core tools, Axi still covers the basics.
| Feature |
Eightcap
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | 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.
Comparing Eightcap and Axi for market research, Eightcap stands out for providing daily market commentary, a sentiment tool, Acuity Trading tools (such as Signal Centre), and a clear economic calendar. It does not carry premium forex news feeds or tools from Autochartist or Trading Central, and it lacks TipRanks. Axi, on the other hand, offers premium forex news from major providers like Bloomberg, Reuters, or Dow Jones, includes Autochartist and a sentiment tool, and also provides an economic calendar. Neither broker offers Trading Central. Axi does not specify whether it supports TipRanks or any tools from Acuity Trading.
For overall research quality, Eightcap earns 3.5 out of 5 stars and ranks 40th out of 63 brokers on ForexBrokers.com, while Axi scores 3 out of 5 stars and ranks 56th. In short, choose Eightcap if you value daily commentary and Acuity Trading signals; choose Axi if integrated top-tier news and Autochartist matter more to you.
| Feature |
Eightcap
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing education, both Eightcap and Axi offer clear starting points. Each broker runs at least one client webinar per month and provides 10 or more beginner-focused videos that explain trading basics. It’s not specified whether either broker has a broader forex/CFD education library with 10+ total pieces, nor whether they maintain a searchable archive of past webinars. It’s also not specified if either offers an investor dictionary.
When it comes to depth, neither broker meets the mark of 10+ advanced trading videos. Ratings and rankings are mixed: Eightcap earns 3.5/5 stars for Education, while Axi scores 3/5; however, Axi ranks higher in the category (#27 of 63) than Eightcap (#40 of 63) on ForexBrokers.com. For newcomers, both are suitable for getting started with videos and monthly webinars; if you want a larger advanced curriculum or a webinar archive, you may need to confirm those details directly with the broker.
| Feature |
Eightcap
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | Yes |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Eightcap is better than Axi. Eightcap finished with an overall rank of #38, while Axi finished with an overall rank of #49.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
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Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 82 |
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Both Eightcap and Axi do not provide the option to purchase actual, delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers Eightcap and Axi, both lack ACH or SEPA transfer options, but Eightcap provides more flexibility with payment options by accepting PayPal, unlike Axi, while both brokers support Skrill, Visa, Mastercard, and bank wire deposits and withdrawals.
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 | Eightcap | Axi | |
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| Trust Score | 85 | 82 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | Eightcap | Axi | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | Eightcap | Axi | |
|---|---|---|---|
| Trust Score | 85 | 82 | |
| Year Founded | 2009 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | 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) | |||
| 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Eightcap | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Eightcap | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 175 | |
| Forex Pairs (Total) | 55 | 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 | Eightcap | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Active Trader or VIP Discounts [DELETED] | |||
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | 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 | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 [DELETED] | |||
| ZuluTrade [DELETED] |
| Trading Tools | Eightcap | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields [DELETED] | |||
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | 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 | Eightcap | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | |||
| Webinars | Yes | Yes | |
| Client Webinars (Archived) [DELETED] | |||
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) [DELETED] |
| Major Forex Pairs | Eightcap | 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 | Eightcap Review |
| Overall | Eightcap | Axi | |
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| Trust Score | 85 | 82 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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