Written by ForexBrokers.com
In this head to head comparison of RoboForex 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.
When comparing the online brokers RoboForex and Axi, key differences emerge in their trust ratings and regulatory credentials. Established in 2009, RoboForex holds one Tier-1 license and has a ForexBrokers.com Trust Score of 73, categorizing it as an average risk broker. In contrast, Axi, founded in 2007, is backed by two Tier-1 licenses and one Tier-2 license, giving it a Trust Score of 82, which places it in the trusted category. Neither broker is publicly traded or operates as a bank, factors that often influence investor confidence.
For traders seeking reassurance concerning regulatory oversight, Axi stands out with its higher trust score and additional licenses. RoboForex, though newer and with fewer licenses, still maintains a steady reputation. Both companies offer opportunities for online trading but differ in the level of regulatory assurance they provide, which can guide investor choices based on personal risk tolerance.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Year Founded | 2009 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing RoboForex and Axi in terms of commissions and fees, traders encounter distinct differences. RoboForex offers average spreads of 1.3 pips for EUR/USD on their Procent and Pro accounts, which are considered relatively high. As a result, RoboForex receives a 3.5-star rating for commissions and fees and ranks #55 out of 63 brokers on ForexBrokers.com.
On the other hand, Axi does not provide specific average spread data, which makes a direct comparison of spreads challenging. Despite this, Axi’s overall fee structure garners a higher rating, earning 4 stars for its commissions and fees. In the same ForexBrokers.com ranking, Axi holds a more favorable position at #43 out of 63 brokers.
In summary, while exact spread comparisons are not entirely possible due to differing information available, Axi generally emerges as the more economical option in terms of commissions and fees, receiving better ratings and rankings compared to RoboForex.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | N/A | 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.
RoboForex and Axi both offer traders a wide range of investment opportunities, but they have distinct offerings that cater to different preferences. RoboForex stands out with an impressive portfolio of 8,400 tradeable symbols compared to Axi’s 175. However, when it comes to forex pairs, Axi provides 65 tradeable pairs, surpassing RoboForex's 28. Both brokers facilitate forex trading through CFDs or spot contracts. Neither platform offers direct access to exchange-traded securities on U.S. or international exchanges, focusing instead on CFD trading and derivatives.
RoboForex and Axi both enable traders to engage in copy trading, which can be appealing for beginners or those looking to diversify strategies. While neither platform allows for purchasing actual cryptocurrencies, they both provide access to cryptocurrency derivatives. RoboForex is rated higher in the range of investments category with 4.5 stars and ranks 20th out of 63 brokers by ForexBrokers.com. Axi, on the other hand, is rated at 3.5 stars and ranks 56th, indicating a more limited scope compared to RoboForex.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 175 |
| Forex Pairs (Total) | 28 | 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 RoboForex and Axi in terms of trading platforms and tools, both brokers offer a range of functionalities that cater to different trading needs. RoboForex and Axi provide free virtual demo accounts, which are great for beginners to practice trading without financial risk. Neither broker offers a proprietary platform. However, they both support MetaTrader 4 (MT4), with RoboForex also offering MetaTrader 5 (MT5), providing more advanced features for traders. Additionally, both brokers offer platforms accessible via Windows-based desktops and web browsers, ensuring flexibility for users. While both support copy trading, Axi stands out by offering ZuluTrade for enhanced trading strategies.
For charting tools, RoboForex and Axi both supply 15 drawing tools and have the functionality to allow trades directly from stock charts. When it comes to customizing watch lists, each broker offers seven columns for fields, enabling detailed tracking of market movements. Despite these similarities, RoboForex receives a slightly higher rating of 4 stars compared to Axi’s 3.5 stars for trading platforms and tools. Furthermore, RoboForex ranks 43rd among 63 brokers according to ForexBrokers.com, while Axi is positioned at 63rd, underscoring a more favorable perception of RoboForex in this category.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| 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) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| 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.
RoboForex and Axi both provide mobile trading apps for iPhone and Android, enabling users to access their trading platforms on the go. Both apps offer essential features like stock and forex price alerts and real-time quote watchlists, making them handy tools for active traders. When it comes to charting capabilities, both RoboForex and Axi provide 30 technical studies and the ability to draw trendlines, as well as view different time frames on charts such as daily or weekly. However, where RoboForex stands out is its auto-save feature for drawings on charts, a convenience not offered by Axi.
Both brokers, unfortunately, do not offer watchlist symbol syncing between the mobile app and the online account, so manual updates are necessary. RoboForex receives a slightly higher rating of 4 stars compared to Axi's 3.5 stars for mobile trading apps. This difference is reflected in their respective rankings by ForexBrokers.com, where RoboForex holds the 43rd position while Axi is ranked 59th among 63 brokers. These insights can help traders choose the app that best suits their needs while providing a snapshot of each broker's mobile trading effectiveness.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| 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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of RoboForex and Axi, there are several key differences and similarities to note. RoboForex stands out by providing daily market commentary and offering forex news from top-tier sources like Bloomberg and Reuters. It also incorporates tools from Trading Central and Acuity Trading, enhancing its research suite significantly. Although it does not offer sentiment-based trading tools or insights from Autochartist, RoboForex still earns a research rating of 3.5 stars and ranks 37th out of 63 brokers in this category.
On the other hand, Axi also delivers forex news from leading sources but does not provide daily market commentary. It offers tools from Autochartist and supports sentiment-based trading, allowing traders to gauge market moods effectively. However, it lacks insights from Trading Central and Acuity Trading tools. Despite these limitations, Axi maintains an economic calendar and has a research rating of 3 stars, ranking 55th among 63 brokers. Overall, both brokers offer valuable resources, but traders may prefer one over the other based on specific research needs and tool preferences.
| Feature |
RoboForex
|
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 | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Axi stands out more than RoboForex. Axi offers over 10 well-prepared educational pieces focused on forex and CFDs, ranging from informative articles to videos. On top of that, Axi hosts regular online webinars for clients every month, though it does not maintain an archived library of these events. Beginners will find Axi particularly useful as it provides more than 10 beginner-focused educational videos covering the ins and outs of trading.
In contrast, RoboForex seems to lag behind in educational support for novices. The platform does not offer the same breadth of educational content, webinars, or beginner video tutorials that Axi provides. While RoboForex does not have a comprehensive investor dictionary, Axi steps up by offering definitions of over 50 investing terms, making it easier for new investors to familiarize themselves with industry jargon. Despite these differences in educational offerings, RoboForex edges out Axi in educational ratings with a score of 3.5 out of 5 stars compared to Axi's 3 stars, although Axi holds a higher rank in ForexBrokers.com’s education category.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | 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 RoboForex is better than Axi. RoboForex finished with an overall rank of #46, while Axi finished with an overall rank of #49.
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 82 |
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Both RoboForex and Axi do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
RoboForex and Axi both offer a range of deposit and withdrawal options, including Visa, Mastercard, Skrill, and bank wires, but RoboForex provides additional flexibility with ACH, SEPA transfers, and PayPal, while Axi does not support these methods.
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 | RoboForex | Axi | |
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| Trust Score | 73 | 82 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | Axi | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | RoboForex | Axi | |
|---|---|---|---|
| Trust Score | 73 | 82 | |
| Year Founded | 2009 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | 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) | 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) | RoboForex | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | RoboForex | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 175 | |
| Forex Pairs (Total) | 28 | 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 | RoboForex | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | RoboForex | 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 | RoboForex | Axi | |
|---|---|---|---|
| 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) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | RoboForex | Axi | |
|---|---|---|---|
| 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 | RoboForex | Axi | |
|---|---|---|---|
| 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 | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | RoboForex | 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 | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | RoboForex | 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 | RoboForex Review |
| Overall | RoboForex | Axi | |
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| Trust Score | 73 | 82 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
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