Written by ForexBrokers.com
In this head to head comparison of Markets.com vs Axi, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Markets.com and Axi are some of the well-regarded names in online brokerage, each offering a unique set of features for traders. Established in 1999, Markets.com has stood the test of time longer compared to Axi, which was founded in 2007. Both brokers are privately held and not listed on any stock exchanges, nor are they banks. When it comes to trust and reliability, Markets.com holds an impressive Trust Score of 93 out of 99, based on ratings by ForexBrokers.com, making it highly trusted. In contrast, Axi holds a Trust Score of 82, which places it in the trusted category.
From a regulatory standpoint, Markets.com has a slight edge with three Tier-1 licenses, denoting a high level of trust and reliability. Meanwhile, Axi comes in close with two Tier-1 licenses, still highly regarded but slightly fewer in number. Both brokers hold one Tier-2 license each, further underlining their credibility. In summary, while both brokers are reliable, Markets.com has a slight lead in both its Trust Score and its number of top-tier licenses, making it a preferred choice for many traders who prioritize regulatory assurance.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Year Founded | 1999 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers, Markets.com and Axi present notable distinctions. Markets.com receives a rating of 3.5 stars out of 5 in this category. Among 63 brokers evaluated by ForexBrokers.com, Markets.com ranks at #50. Although specific spread data isn't readily available, this rating suggests that while Markets.com offers a competitive service, there may be room for improvement in terms of fees and commissions.
In contrast, Axi is awarded a slightly better rating of 4 stars out of 5 for its commissions and fees. This broker is ranked higher, coming in at #43 out of 63 brokers according to ForexBrokers.com. As with Markets.com, detailed average spread data is not provided, yet Axi's higher rating and ranking indicates a more favorable position when it comes to trading costs.
Overall, Axi holds an edge over Markets.com in the realm of commissions and fees, according to ForexBrokers.com's evaluations. Both brokers provide competitive offerings, but Axi's performance stands out slightly more positively in terms of value for traders focused on minimizing fees.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| 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 | Yes |
| 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.
Markets.com and Axi are well-known online brokers that cater to investors seeking a wide array of trading options. When it comes to sheer volume, Markets.com provides access to 2,179 tradeable symbols compared to Axi's 175 options. Both platforms allow clients to trade forex as CFDs, with Markets.com offering 57 forex pairs and Axi slightly ahead with 65. Investors interested in exchange-traded securities will find neither platform allows direct buying on U.S. or international exchanges. However, both Markets.com and Axi facilitate trading in cryptocurrency derivatives rather than actual ownership of digital coins.
Copy trading enthusiasts will be pleased to know that both platforms offer such capabilities. Despite their similarities, Markets.com edges ahead with a four-star rating for its range of investments, while Axi holds a 3.5-star rating. Moreover, according to ForexBrokers.com, Markets.com ranks #29 out of 63 brokers for its investment options, whereas Axi finds itself at #56. In summary, while Markets.com offers a broader range of symbols, both brokers deliver competitive forex and crypto derivative trading opportunities tailored to various investment strategies.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 175 |
| Forex Pairs (Total) | 57 | 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.
When comparing the trading platforms and tools of Markets.com and Axi, both brokers provide a comprehensive suite of features, though there are distinct differences that set them apart. Markets.com stands out by offering a proprietary trading platform developed in-house, which includes both a Windows-based desktop download and a web-based platform. Additionally, Markets.com supports MetaTrader 4 and MetaTrader 5, providing traders with a broad range of options. Users of this platform also have access to copy trading facilities, and a virtual demo account to simulate trades without financial risk. However, it's worth noting that Markets.com does not offer ZuluTrade or the ability to trade directly from a stock chart, which might be a limitation for some traders.
On the other hand, Axi provides a solid, albeit slightly more limited selection of tools and trading platforms when compared to Markets.com. While Axi does not offer a proprietary platform or MetaTrader 5, it still supports MetaTrader 4 along with a Windows-based desktop and a web-based platform, making it accessible across multiple devices. Axi also allows for copy trading and offers ZuluTrade for traders interested in social trading platforms. An advantage for charting enthusiasts is Axi's provision of 15 drawing tools and the ability to trade directly from stock charts. Despite these features, Axi falls slightly behind on overall trading platform ratings and is ranked lower by ForexBrokers.com in comparison to Markets.com.
| Feature |
Markets.com
|
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) | 89 | 30 |
| Charting - Drawing Tools (Total) | 4 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps for Markets.com and Axi, both platforms support iPhone and Android devices, delivering convenient stock and forex trading on the go. Price alerts and creating watchlists with real-time quotes are available on both apps, making it simple to stay on top of market changes. However, Markets.com offers an advantage with watchlist symbol syncing, allowing users to see updates across devices, a feature not available with Axi. In terms of technical studies, Axi's app stands out with 30 charting options while Markets.com does not offer technical studies through its default app, only via the MT4. Both platforms enable users to draw trendlines on charts, but Axi provides the flexibility of viewing different time frames, whereas Markets.com does not. Despite lacking these features, Markets.com's app receives a higher rating of 4 stars, compared to Axi's 3.5 stars.
Ranking-wise, out of 63 brokers, ForexBrokers.com places Markets.com at a more favorable 33rd position, while Axi ranks at 59th in the Mobile Trading Apps category. Although both platforms fail to auto-save drawings on charts, traders may prefer Markets.com for its higher usability rating and seamless device syncing. This comparison sheds light on the nuanced differences between these two prominent trading apps, helping consumers pinpoint which features best align with their trading needs and preferences.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering the market research offerings of Markets.com and Axi, several key differences stand out. Markets.com excels in providing daily market commentary, which can be a valuable resource for those who appreciate regular insights. Additionally, it offers forex news from top-tier sources such as Bloomberg and Reuters, ensuring traders have access to reliable information. A sentiment-based trading tool is also available on Markets.com, assisting traders in understanding market positions across currency pairs. Notably, Markets.com also provides an economic calendar to keep traders informed of global economic events.
Axi, meanwhile, matches Markets.com with its access to forex news from top sources and offers the same sentiment-based trading tool and a comprehensive economic calendar. However, Axi sets itself apart by providing technical analysis tools from Autochartist, which can help traders with detailed market analysis. Despite these features, Markets.com holds a stronger overall research profile with a 4-star rating, ranking 17th out of 63 brokers according to ForexBrokers.com. In comparison, Axi is rated 3 stars, ranking 55th in the same category, indicating that while Axi provides notable tools, Markets.com may cater better to those heavily prioritizing market research in their trading strategies.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| 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 it comes to educational resources for beginners, Markets.com and Axi both offer some useful tools but differ in certain aspects. Markets.com shines with its offering of more than 10 beginner and advanced educational videos on trading topics, making it suitable for both newcomers and those with more experience. Moreover, Markets.com provides monthly online educational webinars, giving users a chance to learn in an interactive setting. However, they lag in forex and CFD educational materials as they offer less than 10 resources specifically targeting these topics.
In contrast, Axi excels in its extensive range of forex and CFD educational content, boasting more than 10 materials to help users grasp these complex subjects better. Like Markets.com, Axi also conducts monthly educational webinars but does not have a searchable archive of recorded webinars. Although Axi lacks advanced educational videos and a searchable video archive, its provision of an investor dictionary with definitions of over 50 terms can be a valuable resource for beginners. Rated at 4 stars for education, Markets.com is slightly more favored for its well-rounded video offerings, whereas Axi, rated 3 stars, is better ranked overall for education according to ForexBrokers.com, ranking 27th compared to Markets.com’s 34th position.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Markets.com is better than Axi. Markets.com finished with an overall rank of #23, while Axi finished with an overall rank of #49.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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Axi
|
|---|---|---|
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| Trust Score | 93 | 82 |
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Both Markets.com and Axi do not offer the ability to buy actual delivered cryptocurrency; however, they both provide the option to trade cryptocurrency derivatives instead.
Markets.com and Axi both provide an array of funding options, including Skrill, Visa, Mastercard, and bank wires, while neither supports ACH, SEPA, or PayPal transfers for deposits or 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 | Markets.com | Axi | |
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| Trust Score | 93 | 82 | |
| Winner | check_circle | ||
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| Broker Screenshots | Markets.com | Axi | |
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| Regulation | Markets.com | Axi | |
|---|---|---|---|
| Trust Score | 93 | 82 | |
| Year Founded | 1999 | 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 | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | Markets.com | 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 | Markets.com | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 175 | |
| Forex Pairs (Total) | 57 | 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 | Markets.com | Axi | |
|---|---|---|---|
| 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 | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Axi | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| 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 | Markets.com | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Markets.com | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Drawing Tools (Total) | 4 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | 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 | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | No |
| Research | Markets.com | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | Axi | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | Markets.com | Axi | |
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| Trust Score | 93 | 82 | |
| Winner | check_circle | ||
| Review |
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