Written by ForexBrokers.com
In this head to head comparison of Axi vs FXGT.com, 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.
Axi and FXGT.com are notable online brokers that were founded in 2007 and 2019, respectively. Neither is publicly traded or a banking institution, offering distinct platforms for trading enthusiasts. When it comes to regulatory supervision and trust, Axi has been awarded a Trust Score of 82 by ForexBrokers.com, making it a trusted broker. It holds two highly regarded Tier-1 licenses and one Tier-2 license. On the other hand, FXGT.com has a Trust Score of 69, indicating a higher risk. It operates with one Tier-1 license and one Tier-2 license, highlighting a lower level of regulatory assurance compared to Axi.
While both brokers maintain some level of regulatory oversight, Axi's longer presence in the industry and higher Trust Score suggest a more reliable option for traders seeking trusted services. FXGT.com, despite being a newer entrant, provides options for those willing to consider a higher risk platform. Choosing between Axi and FXGT.com depends on the individual's risk tolerance and preference for established regulatory credentials.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Year Founded | 2007 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the commissions and fees of online brokers Axi and FXGT.com, there are notable differences in their ratings and rankings. Axi is rated 4 out of 5 stars for commissions and fees, positioning it higher in the rankings at #43 among 63 brokers reviewed by ForexBrokers.com. Specific average spread data is not available, but Axi's overall favorable rating suggests a competitive fee structure that appeals to many traders.
On the other hand, FXGT.com has a slightly lower rating of 3.5 stars for its commissions and fees. It ranks #56 out of the same group of 63 brokers. Although the average spread details are not provided, this rating indicates a moderate fee structure in comparison to other brokers in the industry. Traders considering FXGT.com may find its fees satisfactory but not as competitive as higher-ranked options like Axi.
In summary, Axi holds a stronger position in terms of commissions and fees compared to FXGT.com. Investors seeking a broker with generally lower costs may lean towards Axi, while those comfortable with a slightly less competitive fee schedule might consider exploring FXGT.com's offerings.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $0 | $5 |
| 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 | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Axi and FXGT.com both provide forex trading as a CFD or spot contract, catering to those interested in currency markets. Axi stands out with a wider selection of tradeable symbols, offering 175 options compared to FXGT.com's 117. When it comes to forex pairs, Axi again offers more variety, with 65 pairs available, while FXGT.com provides 53. However, neither platform allows for the purchase of exchange-traded securities on U.S. or international exchanges. This means investors cannot directly buy shares like Apple or Vodafone through either broker.
Both Axi and FXGT.com support copy trading, allowing users to mimic successful traders' strategies. They also each offer cryptocurrency derivatives, although not the actual cryptocurrencies themselves. In terms of overall range of investments, Axi is rated slightly higher with 3.5 stars compared to FXGT.com's 3 stars. According to ForexBrokers.com rankings, Axi holds the 56th position out of 63 brokers for Range of Investments, while FXGT.com ranks at 61st. This comparison may help guide traders seeking a platform with a broader scope of trading options.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 117 |
| Forex Pairs (Total) | 65 | 53 |
| 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.
Axi and FXGT.com both provide accessible platforms for both novice and seasoned traders, catering to a wide array of trading preferences. Both brokers offer free virtual demo accounts, allowing traders to practice without financial risk. They each support a Windows-based desktop platform as well as a web-based trading interface, providing flexibility for on-the-go trading. Axi and FXGT.com support MetaTrader 4 (MT4), a staple in the online trading community, although only FXGT.com extends support to MetaTrader 5 (MT5). When it comes to copy trading, both brokers have options, though Axi integrates with ZuluTrade, something FXGT.com does not offer. Neither broker provides a proprietary platform nor supports DupliTrade, focusing instead on more globally recognized systems.
In terms of charting tools, FXGT.com boasts 23 drawing tools compared to Axi's 15, although both brokers allow trades to be placed directly from stock charts. Axi provides more custom fields in watch lists with seven columns, whereas FXGT.com offers five. FXGT.com seems to have a slight edge, reflected in its higher 4-star rating for Trading Platforms and Tools compared to Axi's 3.5-star score. This advantage is echoed in ForexBrokers.com rankings, which place FXGT.com at #56 out of 63 brokers, ahead of Axi’s #63 position. Such differences suggest that FXGT.com might offer a bit more in terms of platform versatility and user preference customization.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary 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) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Axi and FXGT.com offer convenient mobile trading apps for iPhone and Android users, complete with essential features such as stock or forex price alerts and real-time watchlists. Despite offering the same number of technical studies—30 in each app—and functionalities like trendline drawing and viewing different time frames, FXGT.com takes a slight edge with its ability to sync watchlists across the app and online account, and also automatically saving chart drawings. These features can provide a more seamless experience for those who frequently switch between devices.
Both apps are rated 3.5 stars for mobile trading, reflecting a satisfactory user experience overall. When considering their standings among 63 brokers, FXGT.com is ranked slightly higher at #58, compared to Axi's #59. While both platforms offer solid mobile trading functionalities, FXGT.com’s additional syncing and saving features may appeal more to active traders looking for a cohesive trading environment on the go.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, Axi and FXGT.com present distinct features to traders. Axi stands out with its provision of forex news from top-tier sources such as Bloomberg and Reuters, giving its users reliable insights into currency markets. Additionally, Axi provides tools from Autochartist, a popular technical analysis resource, which can greatly benefit traders looking to make data-driven decisions. Both brokers offer sentiment-based trading tools and economic calendars that keep traders informed of current and upcoming global news events, helping them stay ahead in the dynamic world of trading.
Despite their individual strengths, neither broker offers daily market commentary, Trading Central tools, TipRanks research, or resources from Acuity Trading. Both Axi and FXGT.com receive a modest research rating of 3 stars and are closely ranked in the ForexBrokers.com Research category, with Axi placed at 55th and FXGT.com at 56th out of 63 brokers. This indicates that while they offer some valuable tools, there is still room for both brokers to expand their research capabilities to cater better to their users' needs.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | 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 comparing Axi to FXGT.com in terms of educational resources for beginners, Axi appears to have a more extensive offering. Axi provides over ten educational pieces focused on forex and CFDs, which can include articles, videos, and webinars, whereas FXGT.com does not meet this criterion. For those seeking webinars, Axi conducts at least one online educational client webinar each month, while FXGT.com does not offer this service. Although neither broker provides a searchable archive of recorded webinars, Axi caters to beginners with at least ten educational videos, a feature that FXGT.com lacks. Both brokers supply an investor dictionary containing definitions of over 50 investing terms, which is beneficial for newcomers.
Despite Axi's broader array of beginner-focused educational content, it's worth noting that neither broker meets the threshold for advanced educational videos targeting experienced traders. Furthermore, both brokers are rated three stars for education. However, Axi ranks significantly higher at #27 out of 63 brokers in the Education category by ForexBrokers.com, while FXGT.com is positioned at #60. This suggests that Axi may be a more appealing choice for beginners seeking comprehensive educational resources in the realm of online trading.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 FXGT.com. Axi finished with an overall rank of #49, while FXGT.com finished with an overall rank of #59.
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
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 69 |
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Both Axi and FXGT.com do not offer the ability to buy actual delivered cryptocurrencies, but they both allow trading in cryptocurrency derivatives.
While both Axi and FXGT.com support Visa, Mastercard, and bank wire transfers for depositing or withdrawing funds, FXGT.com additionally offers ACH or SEPA transfers, whereas Axi provides the option to use Skrill for 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 | FXGT.com | |
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| Trust Score | 82 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | FXGT.com | |
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| Regulation | Axi | FXGT.com | |
|---|---|---|---|
| Trust Score | 82 | 69 | |
| Year Founded | 2007 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Axi | FXGT.com | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Axi | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 117 | |
| Forex Pairs (Total) | 65 | 53 | |
| 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 | Axi | FXGT.com | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Axi | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Axi | FXGT.com | |
|---|---|---|---|
| Proprietary 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) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Axi | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Axi | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Axi | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Axi | FXGT.com | |
|---|---|---|---|
| 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 | FXGT.com | |
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| Trust Score | 82 | 69 | |
| Winner | check_circle | ||
| Review |
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