Written by ForexBrokers.com
In this head to head comparison of Swissquote 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.
Swissquote, founded in 1996, stands out in the online trading world thanks to its status as a publicly traded bank and its remarkable Trust Score of 99 from ForexBrokers.com. This rating places it in the highly trusted category. With five Tier-1 licenses, Swissquote emphasizes security and reliability, meeting the highest trust standards. Additionally, it holds two Tier-2 licenses, further showcasing its commitment to a secure trading environment.
On the other hand, Axi, established in 2007, offers a trustworthy trading experience with a Trust Score of 82 out of 99, categorizing it as a trusted broker. While Axi is not publicly listed and does not operate as a bank, it maintains credibility with two Tier-1 licenses and one Tier-2 license. Axi’s regulatory structure provides confidence to its users, although it holds fewer licenses compared to Swissquote.
| Feature |
Swissquote
|
Axi
|
|---|---|---|
| Year Founded | 1996 | 2007 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing commissions and fees, Axi holds an edge based on independent ratings: Axi earns 4/5 stars and ranks #44 of 63 for Commissions and Fees at ForexBrokers.com, while Swissquote earns 3.5/5 stars and ranks #54 of 63. Note that Axi does not publish average spread data, so a direct, like-for-like spread comparison is limited; still, the ratings point to lower typical trading costs at Axi than at Swissquote.
Swissquote’s pricing varies by entity. In the U.K., costs are the most competitive within the Swissquote group and minimum deposits are lighter, though the product list is narrower. Active traders who can deposit at least $10,000 may prefer the Elite account, which pairs lower spreads with a $5 commission per round turn; the Professional account is similar, with a different stop-out threshold. The Standard account lists EUR/USD from 1.3 pips, while the Prime account shows minimum spreads from 0.6 pips (minimums, not averages).
In Luxembourg, the Standard ($1,000), Premium ($5,000), and Prime ($50,000) accounts carry minimum spreads from 1.5 pips down to 0.8 pips, broadly in line with the U.K. entity. In Switzerland, forex accounts start with Standard ($1,000) at 1.7 pips on EUR/USD, Premium ($10,000) at 1.4 pips, and Prime ($50,000) from 1.1 pips; active-trader pricing can be negotiated by volume. Overall, Swissquote tends to price higher than many discount forex brokers, while Axi’s stronger rating suggests more wallet-friendly fees.
| Feature |
Swissquote
|
Axi
|
|---|---|---|
| Minimum Deposit | $1000 | $0 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote offers a wider range of investments than Axi. Swissquote lists 472 tradeable symbols and 80 forex pairs, compared with Axi’s 175 symbols and 65 forex pairs. Both brokers support forex trading as CFDs or spot and both offer copy trading. Swissquote also provides access to exchange-traded U.S. and international shares (so you can buy stocks like Apple and Vodafone directly), while Axi does not offer exchange-traded shares. For crypto, both support cryptocurrency derivatives, but only Swissquote lets you buy actual coins in addition to derivatives.
These differences show up in independent rankings: Swissquote earns 5 stars for Range of Investments and ranks #2 out of 63 brokers at ForexBrokers.com, whereas Axi scores 3.5 stars and ranks #57. If you want a broad selection that includes real stocks and delivered crypto, Swissquote is the stronger pick; if you mainly trade forex and CFDs, Axi covers the basics.
| Feature |
Swissquote
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 175 |
| Forex Pairs (Total) | 80 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
Swissquote and Axi both let you practice with a free demo (paper) account and offer web-based and Windows desktop trading platforms. Each supports MetaTrader 4 (MT4), copy trading, and trading directly from charts. For platform variety, Swissquote stands out with an in-house proprietary platform and MetaTrader 5 (MT5), while Axi does not offer its own platform and does not support MT5.
In third-party testing of trading platforms and tools, Swissquote earns 4.5 out of 5 stars and ranks #12, whereas Axi scores 3.5 stars and ranks #64. If you want wider platform choice and MT5, Swissquote is the stronger fit. If you just need the essentials—MT4, web and desktop access, copy trading, and a demo account—Axi covers the basics.
| Feature |
Swissquote
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and Axi both offer mobile trading apps for iPhone and Android, complete with price alerts and real-time quote watchlists. For charting, each app includes 30 technical studies and supports drawing trendlines. A key difference is chart annotations: Swissquote auto-saves your drawings, while Axi does not. Neither broker syncs watchlist symbols between the mobile app and your online account, and details about viewing multiple time frames weren’t specified.
In independent testing by ForexBrokers.com, Swissquote earned 4.5 stars and ranked #12 out of 63 brokers for Mobile Trading Apps, while Axi received 3.5 stars and ranked #60. If ratings and saved chart drawings matter to you, Swissquote has the edge; if you just need the basics on iPhone or Android with alerts and watchlists, Axi can still get the job done.
| Feature |
Swissquote
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In a Swissquote vs Axi market research comparison, Swissquote stands out for offering daily market commentary, while Axi does not. Both brokers deliver forex news from top-tier sources and include Autochartist for technical analysis, though neither integrates Trading Central. Axi adds a sentiment tool that shows long/short ratios across instruments, which Swissquote lacks. Each broker provides an economic calendar. Swissquote does not include TipRanks or Acuity Trading; for Axi, TipRanks and Acuity Trading support is not specified in this comparison.
Based on ForexBrokers.com, Swissquote earns 4 stars and ranks #16 out of 63 brokers for Research, whereas Axi holds 3 stars and ranks #56. Choose Swissquote if daily commentary and higher-rated research matter most; pick Axi if a built-in sentiment tool is a priority. Both are suitable if you want high-quality news coverage, Autochartist insights, and an easy-to-follow economic calendar.
| Feature |
Swissquote
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Swissquote vs Axi for beginner education: both brokers offer at least 10 beginner-focused trading videos and host educational webinars at least once a month. It isn’t specified whether either broker maintains a searchable archive of past webinars, provides a 10+ piece library focused on forex/CFD articles or videos, or offers an investor dictionary with 50+ terms. If you plan to grow into more complex strategies, Swissquote stands out by also providing 10+ advanced education videos, while Axi does not meet that mark.
Ratings back this up: Swissquote earns 4 stars for Education and ranks #20 out of 63 brokers on ForexBrokers.com, while Axi earns 3 stars and ranks #27. For beginners who want a path from basics to more advanced topics, Swissquote has the edge; if you only need starter videos and live webinars, Axi still covers the essentials.
| Feature |
Swissquote
|
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 Swissquote is better than Axi. Swissquote finished with an overall rank of #11, while Axi finished with an overall rank of #49.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 82 |
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When comparing online brokers Swissquote and Axi, Swissquote stands out by offering the ability to buy both actual delivered cryptocurrencies and cryptocurrency derivatives, whereas Axi provides only the option to trade cryptocurrency derivatives.
Swissquote vs Axi: for deposits and withdrawals, Swissquote supports ACH/SEPA and PayPal in addition to Skrill and bank wire transfers, while Axi offers Skrill and bank wire only (no ACH/SEPA or PayPal).
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 | Swissquote | Axi | |
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| Trust Score | 99 | 82 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
| Broker Screenshots | Swissquote | Axi | |
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| Regulation | Swissquote | Axi | |
|---|---|---|---|
| Trust Score | 99 | 82 | |
| Year Founded | 1996 | 2007 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | 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) | Swissquote | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Swissquote | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 175 | |
| Forex Pairs (Total) | 80 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | Swissquote | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Axi | |
|---|---|---|---|
| Minimum Deposit | $1000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Swissquote | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading 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 |
| Trading Tools | Swissquote | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Swissquote | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Axi | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Swissquote | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD [DELETED] | |||
| Review | Swissquote Review |
| Overall | Swissquote | Axi | |
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| Trust Score | 99 | 82 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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