Written by ForexBrokers.com
In this head to head comparison of XM Group 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 XM Group and Axi, both are reputable firms with solid foundations in the trading industry. Founded in 2009, XM Group is slightly younger than Axi, which was established in 2007. Neither company is publicly traded nor operates as a bank. Regulatory oversight is a critical factor for traders, and XM Group holds four Tier-1 licenses and one Tier-2 license, while Axi holds two Tier-1 licenses and one Tier-2 license. These licenses are indicative of their adherence to strict financial regulations. According to ForexBrokers.com, XM Group receives a Trust Score of 88, placing it in the trusted category, whereas Axi’s Trust Score of 82 also signifies a trusted standing.
In terms of regulatory reliability, XM Group is considered slightly more trusted due to its higher number of Tier-1 licenses, which are regarded as highly reliable. Both brokers are on par with industry standards by holding significant regulatory approvals, but XM Group's broader licensing provides additional reassurance for cautious investors. Their scores, both in the 80s range, validate their status as trusted brokers, making them both viable options for trading enthusiasts seeking a reliable partner.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Year Founded | 2009 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing XM Group and Axi regarding commissions and fees, both brokers hold similar strengths and weaknesses, albeit with slight differences. XM Group offers a Standard account where the spreads are on the expensive side, and unfortunately, it does not publish average spread data for its commission-based XM Zero account. Axi also does not provide average spread data, making it challenging for traders to gauge their potential costs. Despite these drawbacks, both brokers have earned a favorable four-star rating for their commissions and fees.
When we delve into their rankings out of 63 brokers, XM Group stands at #33 in the Commissions and Fees category, according to ForexBrokers.com. This places it in a better position compared to Axi, which ranks at #43. Ultimately, while both brokers present similar challenges regarding transparency of their spreads and potential trading costs, XM Group edges out marginally in ranking, offering slightly more competitive value in this aspect.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Minimum Deposit | $5 | $0 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | 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 available range of investments between XM Group and Axi, there are some key differences in what traders can access. XM Group provides its clients with a substantial offering of 1,394 tradeable symbols, including 55 forex pairs. This also includes the ability to trade exchange-traded securities on both U.S. and international exchanges, enabling investors to purchase shares of companies like Apple and Vodafone directly. Additionally, XM Group facilitates forex trading as both a CFD and spot contract, while also allowing for copy trading and cryptocurrency derivative trading.
On the other hand, Axi offers a more limited selection of 175 tradeable symbols, although it surpasses XM Group with 65 forex pairs available for trading. While Axi also supports forex trading through CFDs and spot contracts and offers copy trading capabilities, it does not include exchange-traded securities on U.S. or international exchanges in its offerings. Both brokers allow for trading cryptocurrency derivatives but do not provide the option to purchase actual cryptocurrencies. Given these factors, XM Group holds a higher rating of 4.5 stars for its range of investments, compared to Axi's 3.5 stars, and ranks significantly higher on ForexBrokers.com's investment range comparison list.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 175 |
| Forex Pairs (Total) | 55 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
XM Group and Axi both provide opportunities for beginners and experienced traders by offering a free virtual demo account to practice trading without risking real money. While neither broker offers a proprietary platform, they give users access to popular trading platforms. Both XM Group and Axi support Windows-based desktop and web-based trading platforms, making it convenient for traders to access the markets from their preferred devices. A standout point for XM Group is its support for MetaTrader 5, which Axi does not offer. However, Axi offers ZuluTrade for those interested in social trading, which XM Group does not provide.
Both brokers allow copy trading and support the widely used MetaTrader 4 platform. When it comes to charting tools, XM Group and Axi are on par, providing 15 drawing tools each. Additionally, traders can conduct transactions directly from stock charts on both platforms. For creating watch lists, both brokers offer the same number of fields, totaling seven. According to ForexBrokers.com, XM Group earns a 4-star rating compared to Axi's 3.5 stars for trading platforms and tools. In terms of platform ranking among 63 brokers, XM Group stands at #31, whereas Axi is ranked at #63, suggesting a more favorable environment for platform features at XM Group.
| Feature |
XM Group
|
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.
When comparing the mobile trading apps of XM Group and Axi, both brokers offer apps compatible with iPhone and Android devices, ensuring broad accessibility for traders on the go. XM Group stands out with its watchlist symbol syncing feature, allowing users' watchlists to automatically update across devices. While both apps offer 30 technical studies for charting and the ability to draw trendlines and view multiple time frames on charts, they do not support auto-saving of chart drawings.
For traders seeking actionable updates, both XM Group and Axi apps provide stock and forex price alerts and enable the creation of watchlists with real-time quotes. However, in terms of user ratings and industry rankings, XM Group leads with a 4-star rating and a #29 placement out of 63 brokers according to ForexBrokers.com. Axi, meanwhile, has a 3.5-star rating and is ranked #59. This suggests that while both apps offer essential trading features, XM Group slightly outperforms Axi in overall user satisfaction and industry standing.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing market research offerings between online brokers XM Group and Axi, XM Group stands out with a more comprehensive set of tools. XM Group provides daily market commentary, keeping clients well-informed with frequent updates. Both brokers offer forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay updated with global events. Yet, when it comes to specific analysis tools, XM Group offers resources from Trading Central, while Axi provides tools from Autochartist. Moreover, both platforms feature sentiment-based trading tools and offer economic calendars to assist traders in tracking global news events.
Despite some similarities, XM Group earns a stronger reputation in research, receiving a 5-star rating and ranking 8th out of 63 brokers, according to ForexBrokers.com. In contrast, Axi is rated 3 stars and is ranked 55th. These rankings highlight XM Group's superior ability to support traders with insightful research tools and commentary, setting it apart as a leader in market research among online brokers.
| Feature |
XM Group
|
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 | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing XM Group and Axi for their educational offerings to beginner traders, both brokers provide a wealth of resources but with notable differences. Both XM Group and Axi offer a variety of at least ten educational materials, including articles, videos, and webinars focused on forex or CFDs. They also host regular online webinars for clients, ensuring at least one session each month. However, XM Group goes a step further by providing a searchable archive of past webinars, a feature Axi does not offer. This makes it easier for new traders to catch up on missed sessions at their convenience.
For beginners, both XM Group and Axi deliver an ample selection of educational videos designed to cover fundamental trading topics. However, XM Group shines in catering to advanced traders with numerous videos geared toward more experienced audiences—a service Axi does not match. Additionally, while Axi provides an investor dictionary covering over 50 investment terms to broaden one's trading vocabulary, XM Group does not have this feature. Overall, XM Group's comprehensive educational suite results in a higher rating of 5 stars and a strong #7 rank in the education category out of 63 brokers, compared to Axi's 3-star rating and rank at #27.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | 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 XM Group is better than Axi. XM Group finished with an overall rank of #17, while Axi finished with an overall rank of #49.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 82 |
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Both XM Group and Axi do not offer the ability to buy actual delivered cryptocurrency but do provide the option to invest in cryptocurrency derivatives.
Both XM Group and Axi do not support ACH or SEPA transfers or PayPal for deposits or withdrawals, but they both offer Skrill, Visa or Mastercard, and bank wires as available options for funding accounts.
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 | XM Group | Axi | |
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| Trust Score | 88 | 82 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | Axi | |
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| Regulation | XM Group | Axi | |
|---|---|---|---|
| Trust Score | 88 | 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 | 4 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | 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) | XM Group | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 175 | |
| Forex Pairs (Total) | 55 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | XM Group | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Axi | |
|---|---|---|---|
| Minimum Deposit | $5 | $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 | XM Group | 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 | XM Group | 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 | XM Group | 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | No |
| Research | XM Group | 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 | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XM Group | 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 | XM Group Review |
| Overall | XM Group | Axi | |
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| Trust Score | 88 | 82 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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