Written by ForexBrokers.com
In this head to head comparison of Trade Nation 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.
Trade Nation, established in 2014, and Axi, founded in 2007, are both online brokers that hold a strong regulatory footing, each with two Tier-1 licenses. This indicates a reliable level of trust as per ForexBrokers.com's standards. While neither company is publicly traded or operates as a bank, they have both secured one Tier-2 license, adding another layer of oversight to protect their clients. Trade Nation and Axi are designed to cater to traders looking for safety and credibility, with their licenses underpinning their commitment to regulatory compliance.
When it comes to trust ratings, Trade Nation scores an 85 and Axi an 82 on ForexBrokers.com's Trust Score. With these evaluations, both companies fall under the 'trusted' category, which is a reassuring aspect for potential clients assessing their risk. This places both brokers in a competitive position within the online trading space, signaling a dependable choice for those interested in engaging in secure financial trading activities.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Year Founded | 2014 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of online brokers, Trade Nation emerges as a cost-effective choice due to its consistent fixed-spread pricing model. This approach helps traders avoid unexpected costs by keeping the spread distance steady, except for a brief period daily during which it widens. For instance, the fixed spread for the EUR/USD pair is 0.6 pips, although it temporarily increases to 1.4 pips during the rollover period. Overall, the average spread tends to be close to 1 pip, providing transparency and predictability. Trade Nation offers three main account types, including two MetaTrader accounts and its proprietary TN Trader account, with the latter generally offering the lowest spreads when considering all costs.
In contrast, Axi does not provide detailed average spread data, making direct comparisons more challenging. Nonetheless, Axi is generally regarded as a competent choice, maintaining competitive fees despite the lack of fixed pricing information. While Axi's exact spread details are less transparent, it remains a viable option for traders who prioritize other brokerage features or platforms. However, when it comes to evaluating based on commissions and fees alone, Trade Nation stands out for its straightforward pricing structure, earning higher accolades in this regard.
In terms of performance, Trade Nation receives top ratings for its commissions and fees, scoring a perfect 5 out of 5 stars. This rating places it in the impressive #7 position among 63 brokers ranked by ForexBrokers.com. On the other hand, Axi, while respectable, falls behind with a 4-star rating, ranking #43 in the same category. Therefore, for traders focusing primarily on minimizing costs, Trade Nation appears to be the more favorable choice between the two.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 0.6 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | No | 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.
When comparing the range of investments available on Trade Nation and Axi, both online brokers offer forex trading as a CFD or spot contract. Trade Nation provides access to 1000 tradeable symbols, while Axi offers 175. In terms of forex pairs, Trade Nation hosts 46 pairs, while Axi leads in this category with 65 pairs. Despite these offerings, neither platform provides the opportunity to purchase exchange-traded securities on U.S. or international exchanges, such as Apple or Vodafone shares, meaning you won't be able to buy stocks directly through them.
Both Trade Nation and Axi enable copy trading, allowing you to mimic the trades of successful investors. However, neither broker allows you to buy actual delivered cryptocurrency, though both offer cryptocurrency derivatives. In the category of Range of Investments, each broker shares a rating of 3.5 stars. Interestingly, despite the same star rating, ForexBrokers.com ranks Trade Nation slightly higher in this category, placing it at #38 out of 63 brokers, while Axi sits at #56. This comparison highlights similarities between these two platforms while also underscoring their differences in available trading options.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 175 |
| Forex Pairs (Total) | 46 | 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.
Trade Nation and Axi both offer a range of trading platforms and tools suitable for traders at different experience levels. Both brokers provide a free virtual demo account, allowing new traders to practice and refine their strategies without financial risk. Trade Nation stands out with its proprietary platform developed in-house, while Axi relies on external platforms like MetaTrader 4 (MT4). Both brokers support trading on Windows-based desktop and web browsers, as well as offering copy trading options. However, neither provides MetaTrader 5 (MT5) or DupliTrade, although Axi does offer ZuluTrade for traders interested in social and copy trading.
Charting tools also reveal some differences; Trade Nation offers 39 drawing tools compared to Axi's 15, although the number of technical indicators remains unspecified for both. While Axi allows traders to execute trades directly from stock charts, Trade Nation lacks this feature. In terms of watchlist customization, Trade Nation offers 14 columns compared to Axi's 7. For overall user experience and functionality, ForexBrokers.com gives Trade Nation a slight edge with a 4-star rating, placing it at #44 out of 63 brokers for trading platforms and tools. In contrast, Axi receives a 3.5-star rating, ranking #63 in the same category.
| Feature |
Trade Nation
|
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) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 39 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation and Axi both provide mobile trading apps available for iPhone and Android users, ensuring accessibility no matter your device preference. Both platforms allow you to set price alerts and draw trendlines on charts. However, Trade Nation offers a significant advantage with 99 technical studies for charting compared to Axi’s 30. Furthermore, Trade Nation supports watchlist symbol syncing between its mobile app and online account, a feature Axi does not offer.
In terms of usability, both apps allow viewing of multiple time frames and the creation of watchlists with real-time quotes. Trade Nation's app also stands out by automatically saving chart drawings, an option unavailable in Axi's app. Rated 4 out of 5 stars, Trade Nation’s mobile app scores higher than Axi's 3.5-star rating, with ForexBrokers.com ranking Trade Nation at #45 compared to Axi’s #59 spot among 63 brokers. This highlights Trade Nation as the more favorable choice for a comprehensive mobile trading experience.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 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 Trade Nation and Axi for market research offerings, Trade Nation stands out with its daily market commentary, a feature that Axi lacks. Both brokers provide forex news from top-tier sources like Bloomberg and Reuters. However, when it comes to technical analysis tools, Axi has an advantage by offering resources from Autochartist, which Trade Nation does not. Neither broker makes use of Trading Central's technical tools, and neither provides market research from TipRanks.
Both Trade Nation and Axi offer sentiment-based trading tools to help traders understand market dynamics by showing the ratio of long or short positions across various instruments. Trade Nation adds to its research arsenal with tools from Acuity Trading like Signal Centre, whereas Axi does not. On the other hand, Axi provides an economic calendar with global news events, a feature missing from Trade Nation's offerings. Overall, Trade Nation edges out Axi with a research rating of 3.5 stars versus Axi's 3 stars, ranking #42 compared to Axi's #55 among 63 brokers evaluated by ForexBrokers.com.
| Feature |
Trade Nation
|
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) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners, both Trade Nation and Axi provide a foundation for learning about forex and CFDs, offering a range of over ten educational pieces such as articles, videos, and webinars. However, Axi stands out by offering monthly live webinars, thus providing a consistent opportunity for interactive learning, while Trade Nation does not provide this service. On the other hand, both brokers fall short as neither provides a searchable archive for recorded webinars, making it harder for learners to access past live content.
For those starting, both platforms offer more than ten videos on beginner trading topics, ensuring new traders have visual resources to kickstart their journey. Trade Nation further supports advanced learning with over ten videos for experienced traders, whereas Axi does not extend their educational content as much in this area. Additionally, both brokers offer an investor dictionary with over 50 terms to help new traders understand market language. In terms of overall ratings and rankings, Trade Nation receives a slightly better education rating of 3.5 stars, despite being ranked lower than Axi in the ForexBrokers.com education category.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trade Nation is better than Axi. Trade Nation finished with an overall rank of #34, while Axi finished with an overall rank of #49.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
Trade Nation
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Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 82 |
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Both Trade Nation and Axi do not offer the capability to purchase actual delivered cryptocurrency, but they both provide options for trading cryptocurrency derivatives.
Both Trade Nation and Axi do not support ACH, SEPA, or PayPal for deposits and withdrawals; however, they both offer Skrill, Visa, Mastercard, and bank wire transfer options for managing account funds.
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 | Trade Nation | Axi | |
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| Trust Score | 85 | 82 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | Axi | |
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| Regulation | Trade Nation | Axi | |
|---|---|---|---|
| Trust Score | 85 | 82 | |
| Year Founded | 2014 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | 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) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Trade Nation | 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 | Trade Nation | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 175 | |
| Forex Pairs (Total) | 46 | 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 | Trade Nation | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Axi | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | Trade Nation | 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) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Trade Nation | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 39 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | 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 | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | No |
| Research | Trade Nation | 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 | No | Yes |
| Education | Trade Nation | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trade Nation | 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 | Trade Nation Review |
| Overall | Trade Nation | Axi | |
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| Trust Score | 85 | 82 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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