Written by ForexBrokers.com
In this head to head comparison of Axi vs FXPrimus, 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, founded in 2007, is a reliable choice for traders, boasting a ForexBrokers.com Trust Score of 82, placing it firmly in the "trusted" category. The broker is not listed on any stock exchange nor does it operate as a bank, but it holds two highly trusted Tier-1 licenses and one trusted Tier-2 license. These regulatory credentials endorse Axi as a stable platform for online trading, suitable for those who prioritize security and oversight in their financial activities.
Founded in 2009, FXPrimus offers traders a ForexBrokers.com Trust Score of 71, which is classified as an "average risk." Although it is not publicly listed or a banking institution, FXPrimus holds one highly trusted Tier-1 license. With this level of regulatory backing, FXPrimus presents a moderate risk option for those exploring online trading opportunities. While it doesn't hold Tier-2 licenses, its regulatory framework provides a baseline of trust for cautious investors.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Year Founded | 2007 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing Axi and FXPrimus in terms of commissions and fees, both online brokers have earned respectable ratings. Axi offers a competitive fee structure, which has garnered a four-star rating for commissions and fees. Despite these positives, Axi is ranked #43 out of 63 brokers in this category according to ForexBrokers.com, suggesting there is room for improvement relative to its peers.
On the other hand, FXPrimus also scores a four-star rating for commissions and fees, indicating a similar level of competitiveness in its pricing structure. However, FXPrimus slightly edges out Axi with a better placement, being ranked #42 out of 63 brokers. This modest difference suggests that FXPrimus may offer slightly more appealing costs for some traders.
Both brokers are on par concerning their ratings, but FXPrimus holds a slight advantage in the overall ranking for commissions and fees. This comparison might sway your choice if you prioritize minimizing costs while trading.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| 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 | 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 investment options, both Axi and FXPrimus provide forex trading through CFDs or spot contracts, catering to traders looking to engage in the foreign exchange market. Axi offers a slightly wider selection of tradeable symbols with 175 options, compared to FXPrimus's 140 symbols. In the realm of forex pairs, Axi also takes the lead with 65 options available, while FXPrimus offers 42 pairs. Traders seeking variety in their portfolio might find Axi's offering more appealing in terms of sheer numbers.
Neither Axi nor FXPrimus provides access to actual exchange-traded securities on U.S. or international exchanges. Instead, they allow traders to delve into cryptocurrency derivatives rather than purchasing the actual cryptocurrencies. Both platforms support copy trading, adding an element of social trading to the mix for those interested in mirroring the strategies of experienced investors. With a rating of 3.5 stars each for their range of investments, Axi ranks slightly higher than FXPrimus at 56th out of 63 brokers, while FXPrimus is positioned at 59th. This subtle difference might influence those focusing on the broader investment spectrum.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 140 |
| Forex Pairs (Total) | 65 | 42 |
| 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 Axi and FXPrimus with regard to their trading platforms and tools, both brokers provide essential features that cater to novice and experienced traders alike. Each offers a free virtual demo account for simulated trading, which is great for testing strategies without financial risk. While both brokers offer MetaTrader 4 (MT4) and a Windows-based desktop trading platform, FXPrimus notably extends its offering with a proprietary platform and supports MetaTrader 5 (MT5). Axi, on the other hand, bundles in ZuluTrade for social trading enthusiasts, which FXPrimus doesn't offer.
Both platforms deliver web-based browser access, along with copy trading capabilities. Charting tools remain competitive, with each providing 15 drawing tools, although the specific number of technical indicators isn't specified. Trading directly from stock charts is a convenient feature available with both brokers, complemented by a customizable watch list framework that features seven columns for field customization. In terms of ranking, ForexBrokers.com rates FXPrimus slightly higher at four stars compared to Axi's 3.5 stars, with FXPrimus also ranked higher overall for trading platforms and tools.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| 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 comparing the mobile trading apps of Axi and FXPrimus, both provide applications compatible with iPhone and Android devices. They also offer essential features such as stock and forex price alerts and the ability to draw trendlines on charts. However, neither app includes watchlist symbol syncing, which means changes made on devices do not automatically update the online account. Both platforms provide traders with 30 technical studies for charting, and support multiple time frames to analyze stock or forex charts.
A critical distinction lies in their capability to auto-save drawings on charts, where FXPrimus stands out by offering this feature, whereas Axi does not. Both brokers allow users to create watchlists with real-time quotes. In terms of user ratings and rankings within the industry, FXPrimus holds an edge. It is rated four stars and is ranked #48 out of 63 brokers for its mobile trading apps on ForexBrokers.com. In contrast, Axi is rated at 3.5 stars and holds the #59 position in the same category. This distinction might be vital for traders who prioritize app usability and features in their trading journey.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Axi and FXPrimus for market research offerings, each has unique strengths. Axi provides forex news from respected sources like Bloomberg and Reuters, and it features Autochartist for technical analysis, enhancing trading decisions with a sentiment-based tool that showcases market positions. It also includes an economic calendar for staying up-to-date on global events. However, Axi does not offer daily market commentary or tools from Trading Central and Acuity Trading.
FXPrimus, on the other hand, stands out with its daily market commentary, helping traders stay informed with regular insights. While it lacks top-tier forex news sources and Autochartist tools, FXPrimus does include an economic calendar to track global economic trends. Neither Axi nor FXPrimus provides resources from TipRanks or Acuity Trading, and both are rated three stars for research according to ForexBrokers.com. Ultimately, Axi is ranked slightly higher at #55 compared to FXPrimus at #58 among 63 brokers evaluated for research capabilities.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| 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 beginners, both Axi and FXPrimus provide a solid foundation for those eager to learn about forex and CFDs. Each broker offers a minimum of ten educational materials, such as articles, videos, and archived webinars, which introduce newcomers to the essentials of trading. Additionally, both brokers host regular monthly webinars, giving clients a chance to deepen their understanding through live sessions with experts. However, FXPrimus holds an edge by offering a searchable archive of past webinars, allowing users to revisit valuable lessons at their convenience, while Axi does not provide this feature.
In terms of visual learning aids, Axi takes a step further with an impressive selection of beginner-focused videos, ensuring that novices have resources specifically tailored to their needs. While both firms do not offer a comprehensive collection of advanced videos for seasoned traders, Axi further enriches its educational offerings with an investor dictionary, comprising over 50 terms to aid new traders in familiarizing themselves with industry jargon. Rated equally at three stars for education, Axi leads in rankings, positioned at 27th out of 63 brokers by ForexBrokers.com, ahead of FXPrimus, which stands at 51st. This indicates slightly broader educational support for those starting their trading journey with Axi.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
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 FXPrimus. Axi finished with an overall rank of #49, while FXPrimus finished with an overall rank of #53.
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
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 71 |
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Both Axi and FXPrimus do not provide the option to buy actual cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
Both Axi and FXPrimus do not support ACH or SEPA transfers or PayPal for deposits and withdrawals, but they both offer Skrill, Visa or Mastercard, and bank wires as viable options.
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 | FXPrimus | |
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| Trust Score | 82 | 71 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | FXPrimus | |
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| Regulation | Axi | FXPrimus | |
|---|---|---|---|
| Trust Score | 82 | 71 | |
| Year Founded | 2007 | 2009 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Axi | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 140 | |
| Forex Pairs (Total) | 65 | 42 | |
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Axi | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Axi | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Axi | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
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| Trust Score | 82 | 71 | |
| Winner | check_circle | ||
| Review |
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