Written by ForexBrokers.com
In this head to head comparison of Saxo 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 online brokers Saxo and Axi, several factors stand out, especially concerning their regulatory credentials. Saxo, established in 1992, is also a bank and holds an impressive seven Tier-1 licenses, which are rated as highly trusted by ForexBrokers.com. This contributes to its top-tier trust score of 99 out of 99, making it a very secure choice for traders. Axi, founded in 2007, is not a bank but still maintains a commendable level of trust with two Tier-1 licenses. Its Trust Score of 82 indicates a strong level of reliability, though slightly less than Saxo.
Neither Saxo nor Axi is publicly traded, which means they are not listed on a stock exchange. Both brokers hold an additional Tier-2 license, which signifies a trusted status. While Saxo's long-standing presence and banking credentials offer a high level of reassurance, Axi also presents itself as a reliable option, especially for those who prioritize regulated trading environments. In summary, both brokers have built credible reputations, with Saxo having a slightly higher trust rating and a stronger global regulatory presence compared to Axi.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Year Founded | 1992 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When it comes to comparing commissions and fees, Saxo emerges as a top contender with a remarkable overall pricing structure ideal for active and high-volume traders. Its outstanding rating of 5 stars and a prestigious 9th place ranking by ForexBrokers.com for its commissions and fees underscore its commitment to cost-effectiveness. Saxo provides varying account levels—Classic, Platinum, and VIP—with the Platinum and VIP accounts offering more competitive spread rates and closer alignment to industry standards. Noteworthy is Saxo's decision to eliminate custody fees for traders involved in securities lending and to adopt a commission-free approach for forex trading, albeit with a nominal ticket fee for lower trade volumes. Saxo’s entry-level Classic account is accessible with a $0 deposit, while its Platinum and VIP accounts cater to seasoned investors with higher deposit and trading volume prerequisites.
Axi, in contrast, holds a 4-star rating and a 44th position out of 63 brokers for its commission and fees offering. Although average spread data isn't available, Axi provides a reliable option for traders, yet it doesn't quite match the cost-efficiency and adaptability of Saxo's tiered accounts. Saxo's nuanced structure permits investors to tailor services according to their trading needs and volumes, presenting a compelling case for those seeking both flexibility and favorable pricing. Ultimately, in terms of commissions and fees, Saxo appears to present an edge, particularly for traders aspiring to leverage account-specific benefits that are constructed to reward volume and encourage investment growth.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average spread (EUR/USD) - Standard account | 1.1 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Saxo offers a much wider range of investments than Axi. Saxo lists about 70,000 tradeable symbols and 190 forex pairs, while Axi provides 175 symbols and 65 forex pairs. Both brokers let you trade forex as CFDs or spot contracts, and both support copy trading. For stock investing, Saxo stands out by offering exchange-traded securities (not CFDs) on U.S. and international exchanges, whereas Axi does not. When it comes to crypto, both brokers allow cryptocurrency CFDs but do not offer direct purchase of actual coins.
Ratings reflect this breadth: Saxo earns 5 stars for Range of Investments and ranks #3 out of 63 brokers on ForexBrokers.com. Axi scores 3.5 stars and ranks #57. If you want access to real shares across global markets and a very large product list, Saxo is the stronger choice; if you mainly need essential forex and CFD markets, Axi may cover the basics.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 175 |
| Forex Pairs (Total) | 190 | 65 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Saxo and Axi both let you practice with a free demo (paper trading) account and offer Windows desktop and web-based trading platforms. Saxo provides its own proprietary, in-house platform suite, while Axi relies on third-party options. Both brokers support copy trading and allow trading directly from charts, helping you move from charting to order placement in a few clicks.
If you need MetaTrader, Axi offers MT4 (but not MT5), whereas Saxo does not support MT4 or MT5. In ForexBrokers.com’s ratings for trading platforms and tools, Saxo earned 5 stars and ranked #1 out of 63 brokers, while Axi received 3.5 stars and ranked #64. For traders comparing Saxo vs Axi, Saxo leads for platform quality and tools, while Axi is the pick if MT4 is essential.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 64 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the Saxo mobile app to the Axi mobile app, both brokers offer iPhone and Android apps and support price alerts. Each lets you draw trendlines on charts, but Saxo stands out for charting depth: 64 technical studies versus Axi’s 30, plus auto-saved drawings that reappear the next time you open a chart. Saxo also syncs watchlists between the mobile app and your online account, while Axi does not, which can matter if you manage favorites across devices.
Independent ratings highlight the gap. On ForexBrokers.com, Saxo’s mobile trading apps earn 5 stars and rank #2 out of 63 brokers, while Axi’s apps score 3.5 stars and rank #60. If you want richer mobile charting and seamless syncing, Saxo is the stronger choice; if you only need core features like alerts and basic charting on iPhone or Android, Axi covers the essentials.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Saxo leads in market research with daily market commentary, while Axi does not publish daily updates. Both brokers deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and both include Autochartist for trade ideas. Neither offers Trading Central. Each provides a sentiment tool that shows long/short positioning and an economic calendar. Saxo does not feature TipRanks or Acuity Trading; Axi’s use of TipRanks or Acuity Trading isn’t specified here.
According to ForexBrokers.com, Saxo earns 5 stars and ranks #1 out of 63 brokers for Research, while Axi scores 3 stars and ranks #56. If you want daily commentary and higher-rated research, Saxo is the stronger pick. If you just need core tools like news, Autochartist, sentiment, and an economic calendar, Axi can cover the basics.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
New to trading? Both Saxo and Axi make it easy to get started with forex and CFD education. Each broker runs client webinars at least monthly and offers 10 or more beginner-friendly videos that explain platform basics, risk management, and how markets work—so you can learn at your own pace through videos and live sessions.
Where they differ is how far the education can take you. Saxo also provides 10+ advanced trading videos for when you’re ready to level up, while Axi doesn’t meet that advanced-video threshold. The gap shows in independent ratings: Saxo earns 5 stars for Education and ranks #13 out of 63 brokers at ForexBrokers.com, while Axi earns 3 stars and ranks #27. For beginners who want material they can grow into, Saxo has the edge; if you only need starter content and regular webinars, Axi covers the basics.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Saxo is better than Axi. Saxo finished with an overall rank of #3, while Axi finished with an overall rank of #49.
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities.
| Feature |
Saxo
|
Axi
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 82 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Saxo vs Axi: Both online brokers do not offer purchases of actual, delivered cryptocurrencies, but each provides access to trading cryptocurrency CFDs instead.
In a Saxo vs Axi comparison of deposit and withdrawal options, Saxo supports bank wire transfers but not ACH/SEPA, PayPal, or Skrill, while Axi likewise does not support ACH/SEPA and its availability of PayPal, Skrill, Visa/Mastercard card funding, and bank wires is not specified.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Saxo | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 82 | |
| Winner | check_circle | ||
| Review | Saxo Review |
| Broker Screenshots | Saxo | Axi | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | Saxo | Axi | |
|---|---|---|---|
| Trust Score | 99 | 82 | |
| Year Founded | 1992 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Saxo | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| 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) | Saxo | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Saxo | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 175 | |
| Forex Pairs (Total) | 190 | 65 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Saxo | Axi | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Saxo | Axi | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Saxo | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Saxo | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Saxo | Axi | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | Axi | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Saxo | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Saxo Review |
| Overall | Saxo | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 82 | |
| Winner | check_circle | ||
| Review | Saxo Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill