Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
FxPro, established in 2006, and Axi, founded in 2007, are both notable online brokers in the trading industry. Neither is publicly traded, but FxPro stands out as a bank, unlike Axi. When it comes to regulatory credentials, both brokers hold two Tier-1 licenses, which are highly trusted according to ForexBrokers.com, alongside one Tier-2 license each, marking them as trusted. FxPro, however, is slightly ahead with a Trust Score of 93, placing it in the highly trusted category, while Axi holds a Trust Score of 82, designating it as trusted but not at the same high level as FxPro.
These Trust Scores provide valuable insights for potential traders assessing the reliability and security offered by these brokers. With both brokers holding reputable Tier-1 licenses, clients can feel confident in regulation and oversight. Nonetheless, if considering the overall Trust Score for decision-making, FxPro seems to offer a slightly more secure and reliable option compared to Axi.
| Feature |
FxPro
|
Axi
|
|---|---|---|
| Year Founded | 2006 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing FxPro and Axi in terms of commissions and fees, both brokers offer relatively high pricing within the industry, each earning a four-star rating for this category. However, FxPro ranks slightly higher at #32 compared to Axi's #44 out of 62 brokers on ForexBrokers.com. FxPro provides variable or fixed spread options, with its most competitive spreads available through its cTrader platform, where commission-based pricing leads to an effective spread of approximately 1.27 pips for the EUR/USD pair. On the other hand, Axi's average spread data remains unavailable, limiting a direct cost comparison.
FxPro's market and instant execution pricing differ, affecting spreads and potential slippage. For variable spreads, FxPro offers market execution spreads of 1.58 on MT4 and 1.51 on MT5 for the EUR/USD pair, while instant execution spreads are slightly higher at 1.71 on MT4. Meanwhile, fixed pricing is not offered on MT5, allowing only for market execution. Axi, while not disclosing specific average spreads, matches FxPro with a four-star rating but might lack the more detailed pricing breakdown available with FxPro.
FxPro enhances its offering with an Active Trader program tied to its Elite account, providing up to 30% discounts. Even with these discounts, FxPro still trails behind other leading brokers like FOREX.com, IG, and Saxo in attracting active traders. Axi does not specify similar incentives or comprehensive spread details, which could be a consideration for traders seeking in-depth cost assessments. Overall, both brokers offer competitive pricing, but FxPro’s detailed execution options and active trader discounts provide a clearer picture of potential trading costs.
| Feature |
FxPro
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | 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 comparing FxPro and Axi in terms of available range of investments, both online brokers offer forex trading as either contracts for differences (CFDs) or spot contracts. FxPro emerges as a front-runner, offering traders an impressive 2,249 tradeable symbols along with 70 forex pairs. In contrast, Axi provides access to 175 tradeable symbols and 65 forex pairs. However, neither broker currently offers clients the opportunity to buy exchange-traded securities on U.S. exchanges. FxPro does provide the option to trade international exchange-listed securities, a choice not available with Axi.
Both brokers support the trading of cryptocurrency derivatives but not the purchase of actual cryptocurrencies. Copy trading is an available feature with both FxPro and Axi, allowing traders to replicate the strategies of successful investors. Ultimately, when it comes to the range of investments, FxPro receives a solid 4-star rating and ranks 28th out of 62 brokers according to ForexBrokers.com. On the other hand, Axi secures a 3.5-star rating and holds the 56th position. This comparison highlights FxPro's broader investment offerings, giving it a competitive edge over Axi in this category.
| Feature |
FxPro
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 175 |
| Forex Pairs (Total) | 70 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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 it comes to comparing FxPro and Axi for trading platforms and tools, both brokers offer unique features that cater to different trader needs. FxPro provides a comprehensive suite including a proprietary platform developed in-house, alongside popular choices like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). On the other hand, Axi focuses on offering MT4 paired with ZuluTrade for traders interested in social trading features. Both brokers support simulated trading with free virtual demo accounts and have Windows-based desktop and web-based platforms, but FxPro edges ahead with additional tools such as more drawing tools for charting.
FxPro and Axi both support copy trading and offer the convenience of trading directly from stock charts. In terms of customization, FxPro provides six columns for watch lists, whereas Axi offers seven. While both brokers have their strengths, FxPro claims a higher ranking and rating, earning 4 stars and ranking #18 out of 62 brokers on ForexBrokers.com, compared to Axi's 3.5 stars and a #62 ranking. These differences highlight FxPro's broader platform offerings and user support, making it a strong choice for diverse trading strategies.
| Feature |
FxPro
|
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) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FxPro and Axi provide trading apps for iPhone and Android users, equipped with vital features like stock and forex price alerts. They allow traders to draw trendlines on charts and view multiple time frames, including daily and intraday options. However, there are differences in their offerings that might sway your choice. FxPro stands out with its watchlist symbol syncing, ensuring any updates on your watchlist match between your mobile app and online account. It also impresses with 65 technical studies for charting, compared to Axi's 30, providing more in-depth analysis capabilities. Additionally, FxPro offers an auto-save feature for chart drawings, a convenience that Axi does not include.
When it comes to user ratings, FxPro manages to shine with a 4.5-star rating, significantly outpacing Axi's 3.5 stars. This aligns with their rankings from ForexBrokers.com, where FxPro takes the 15th spot out of 62 brokers for mobile trading apps, while Axi finds itself further down the list at the 59th position. Both apps allow users to create watchlists with real-time quotes, but these differences in functionality and user satisfaction might influence your decision on which platform best suits your mobile trading needs.
| Feature |
FxPro
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 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 comparing the market research offerings of online brokers FxPro and Axi, several key areas reveal their differences. FxPro provides daily market commentary, offering their clients valuable insights into the latest financial developments, a service that Axi does not offer. Both brokers deliver forex news from renowned sources like Bloomberg and Reuters. In terms of technical analysis tools, FxPro benefits from its collaboration with Trading Central, offering advanced analytics, whereas Axi partners with Autochartist for its technical insights. Both brokers include sentiment-based trading tools to gauge market positions, and they both offer comprehensive economic calendars to keep traders informed of global events.
Neither FxPro nor Axi provides market research from TipRanks or Acuity Trading. Despite these similarities, FxPro's comprehensive market research earns it a higher rating of 4 out of 5 stars, compared to Axi's 3 stars. This advantage is also reflected in their respective rankings by ForexBrokers.com, where FxPro stands at position #27 among 62 brokers, while Axi ranks at #55. These distinctions highlight the enhanced research capabilities provided by FxPro, making it a more attractive option for traders seeking in-depth market analysis.
| Feature |
FxPro
|
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 comparing the educational resources available for beginners between online brokers FxPro and Axi, both provide a significant amount of content to get newcomers started with forex and CFDs. FxPro and Axi each offer more than ten educational pieces, which include a mix of articles, videos, and archived webinars that focus on forex and CFDs. New traders can find at least ten beginner-focused videos covering essential trading topics on both platforms. For immediate learning support, Axi conducts a monthly online educational webinar, which might appeal to those who prefer live, interactive sessions. In contrast, FxPro does not offer regular webinars but compensates with a comprehensive searchable archive of past webinars, ideal for those who like to learn on their schedule.
Both FxPro and Axi cater to the needs of newcomers with an extensive investor dictionary containing definitions of over 50 investing terms. However, for traders seeking advanced educational videos, neither broker meets the ten-video mark. In terms of overall educational quality, FxPro holds a slight edge, boasting a higher rating of 4 out of 5 stars compared to Axi's 3 stars. This rating corresponds with their respective rankings where FxPro outperforms Axi, placing 17th against Axi's 27th rank among 62 brokers evaluated by ForexBrokers.com. On balance, while both brokers offer valuable educational resources, FxPro may be slightly more appealing for those who prefer a broader library of on-demand learning materials.
| Feature |
FxPro
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FxPro is better than Axi. FxPro finished with an overall rank of #21, while Axi finished with an overall rank of #49.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 82 |
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While neither FxPro nor Axi provides the option to purchase actual delivered cryptocurrency, both online brokers offer the ability to trade cryptocurrency derivatives.
When comparing online brokers, FxPro stands out for offering a wide range of deposit and withdrawal methods, including ACH, SEPA, PayPal, Skrill, Visa, Mastercard, and bank wires, whereas Axi offers fewer options by excluding ACH, SEPA, and PayPal, while still supporting Skrill, Visa, Mastercard, and bank wires.
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 | FxPro | Axi | |
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| Trust Score | 93 | 82 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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| Regulation | FxPro | Axi | |
|---|---|---|---|
| Trust Score | 93 | 82 | |
| Year Founded | 2006 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | 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) | FxPro | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | 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) | FxPro | 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 | FxPro | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 175 | |
| Forex Pairs (Total) | 70 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | FxPro | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | 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 | Yes | No |
| Trading Platforms | FxPro | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | FxPro | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | 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 | 65 | 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 | FxPro | 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 | FxPro | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | 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 | FxPro Review |
| Overall | FxPro | Axi | |
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| Trust Score | 93 | 82 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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