Written by ForexBrokers.com
In this head to head comparison of Axi vs GBE brokers, 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 GBE Brokers are two online brokers that offer a variety of trading services worldwide, but they differ significantly in terms of trust and regulation. Established in 2007, Axi holds two Tier-1 licenses and one Tier-2 license, reflecting its commitment to maintaining trustworthy operations. Meanwhile, GBE Brokers, founded in 2013, holds one Tier-1 license and lacks any Tier-2 licenses. This difference in regulatory licensing is reflected in their ForexBrokers.com Trust Score ratings, with Axi scoring a respectable 82, indicating a trusted status, whereas GBE Brokers scores a 71, placing it in the average risk category.
Both Axi and GBE Brokers are private companies and not listed on any stock exchange. They also function independently, with neither being associated with a bank. The contrast in their regulatory standings is vital for users prioritizing security and regulatory oversight when choosing a broker. With its longer presence in the industry and stronger regulatory standing, Axi presents itself as a more trusted option compared to GBE Brokers.
| Feature |
Axi
|
GBE brokers
|
|---|---|---|
| Year Founded | 2007 | 2013 |
| 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 to GBE brokers on commissions and fees, both platforms offer competitive pricing structures that cater to different trading needs. Axi, with a rating of 4 stars, is ranked #43 out of 63 brokers by ForexBrokers.com for the Commissions and Fees category. While the average spread data isn't disclosed, Axi is known for its transparent pricing strategy that helps traders understand what they're paying for without surprise charges.
On the other hand, GBE brokers also earn a commendable 4-star rating for commissions and fees but rank slightly higher at #37. Similar to Axi, GBE brokers don't provide average spread data, but they maintain a straightforward fee model, ensuring that clients are aware of the costs involved. This clarity makes both brokers a suitable choice for those looking for a clear and direct fee structure.
Overall, while both Axi and GBE brokers score equally in terms of star ratings for commissions and fees, GBE brokers have a higher ranking according to ForexBrokers.com. Choosing between them might come down to specific trading preferences and additional features each broker might offer beyond just commissions and fees.
| Feature |
Axi
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $1000 |
| 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 | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Axi and GBE Brokers both offer forex trading through CFDs or spot contracts, providing a versatile way for investors to engage in currency markets. When it comes to the variety of tradeable symbols, GBE Brokers takes a clear lead with 500 options compared to Axi's 175. In terms of forex pairs, GBE Brokers again offers more choice with 71 pairs, slightly edging out Axi's 65. Neither platform supports the trading of exchange-traded securities on U.S. or international exchanges, which might limit options for those interested in traditional stock investments.
Both Axi and GBE Brokers enable users to engage in copy trading and offer cryptocurrency derivatives, although neither allows for the actual purchase of cryptocurrencies. The comprehensive offerings result in both brokers receiving a 3.5-star rating for their range of investments. However, when ranked by ForexBrokers.com, GBE Brokers is placed higher at #44 out of 63 brokers, compared to Axi's rank of #56, suggesting a slight preference among investors for GBE Brokers' investment options.
| Feature |
Axi
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 500 |
| Forex Pairs (Total) | 65 | 71 |
| 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 the trading platforms and tools of Axi and GBE brokers, both offer traders a variety of features, but there are some notable differences. Axi and GBE provide simulated trading through free virtual demo accounts, allowing users to practice without risk. Neither broker offers a proprietary platform, but both support widely-used platforms like MetaTrader 4 (MT4) and Windows-based desktop downloads as well as web-based trading. GBE stands out by offering MetaTrader 5 (MT5), unlike Axi, which could appeal to traders seeking access to this newer platform. Both brokers offer copy trading, but Axi enhances its offering by also supporting ZuluTrade. In terms of charting tools, both provide 15 drawing tools and the ability to trade directly from a stock chart, along with identical watch list customization options featuring seven columns.
Despite some shared features, ratings and rankings reflect the distinction in user experience and satisfaction. Axi receives a rating of 3.5 stars for its trading platforms and tools, placing it at the bottom of the list at #63 among 63 brokers ranked by ForexBrokers.com. In contrast, GBE brokers achieve a slightly higher rating of 4 stars and a better ranking at #57, indicating that traders generally find GBE's platform capabilities more satisfying. These differences might help new traders decide which broker could better suit their needs based on platform versatility and user ratings.
| Feature |
Axi
|
GBE brokers
|
|---|---|---|
| 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 | 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.
For those interested in mobile trading, both Axi and GBE Brokers offer apps that cater to iPhone and Android users. Each app provides the capability to send stock or forex price alerts, draw trendlines, and view multiple time frames on charts. Additionally, traders can create watchlists with real-time quotes on both platforms. However, while each provides 30 technical studies for charting, a notable distinction is that GBE Brokers’ app will automatically save drawings on your charts, a feature absent in Axi's app.
Despite sharing several similar functionalities, the overall user experience might tilt in favor of GBE Brokers. With a slightly higher user rating of 4 stars compared to Axi's 3.5 stars, GBE Brokers appears to be the preferred choice among users. In the ForexBrokers.com rankings, GBE Brokers stands at #57 out of 63, narrowly ahead of Axi, which is ranked #59. While both apps are competitive in their offerings, the auto-save function and slightly better ratings give GBE Brokers a subtle edge.
| Feature |
Axi
|
GBE brokers
|
|---|---|---|
| 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 GBE brokers in terms of market research offerings, both have unique strengths and weaknesses. Axi does not provide daily market commentary, while GBE brokers offers this feature, potentially making GBE brokers more attractive for those seeking daily insights. However, Axi provides access to forex news from top-tier sources such as Bloomberg and Reuters, a service GBE brokers lacks. Axi also offers technical analysis tools from Autochartist and a sentiment-based trading tool to gauge long and short positions—a feature GBE brokers also offers.
Both brokers lack tools from Trading Central and do not provide market research from TipRanks or Acuity Trading, like the Signal Centre. They each provide an economic calendar, which is crucial for tracking global news events. In terms of ratings, both Axi and GBE brokers receive 3 stars for research, though Axi ranks slightly higher at #55 out of 63 on ForexBrokers.com compared to GBE brokers' #62 ranking. This suggests Axi might offer a small edge in research capabilities for traders.
| Feature |
Axi
|
GBE brokers
|
|---|---|---|
| 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 | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking educational resources in online trading, Axi stands out compared to GBE Brokers. Axi provides an extensive collection of educational materials, including over ten articles, videos, and webinars focused on forex and CFDs, making it an attractive option for new traders. Furthermore, Axi hosts monthly online educational webinars that provide ongoing learning opportunities. They also offer a collection of over ten beginner-focused videos, specifically designed to ease rookies into the world of trading. Additionally, Axi provides a helpful financial dictionary with definitions for more than 50 investing terms, serving as a valuable reference for newcomers.
In contrast, GBE Brokers falls short in offering educational resources for beginners. Notably, they do not provide the required ten educational pieces related to forex or CFDs. They also lack monthly client webinars and have no searchable archive of past webinars. Moreover, GBE Brokers offers no dedicated beginner videos or an investing dictionary, which makes it challenging for new traders to access streamlined learning materials. Despite both receiving a three-star rating for education, Axi’s array of beginner resources earn them a higher education ranking at number 27, compared to GBE's position at 63 out of 63 brokers.
| Feature |
Axi
|
GBE brokers
|
|---|---|---|
| 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 | 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 GBE brokers. Axi finished with an overall rank of #49, while GBE brokers finished with an overall rank of #57.
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
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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 71 |
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Neither Axi nor GBE Brokers offer the ability to buy actual delivered cryptocurrency, but both provide options for trading cryptocurrency derivatives.
Axi and GBE Brokers both support fund transactions via Skrill, Visa, Mastercard, and bank wires, but GBE Brokers additionally offers ACH, SEPA transfers, and PayPal, which Axi does not provide.
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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| Trust Score | 82 | 71 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | GBE brokers | |
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| Regulation | Axi | GBE brokers | |
|---|---|---|---|
| Trust Score | 82 | 71 | |
| Year Founded | 2007 | 2013 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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) | |||
| 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 | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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) |
| Investments | Axi | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 500 | |
| Forex Pairs (Total) | 65 | 71 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $1000 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Axi | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Axi | GBE brokers | |
|---|---|---|---|
| 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 | No |
| Major Forex Pairs | Axi | GBE brokers | |
|---|---|---|---|
| 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 | |
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| Trust Score | 82 | 71 | |
| Winner | check_circle | ||
| Review |
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