Written by ForexBrokers.com
In this head to head comparison of XTB 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.
XTB and Axi are both well-regarded online brokers, each offering unique advantages for traders. Founded in 2002, XTB stands out with its listing on a stock exchange, enhancing its transparency for investors. Axi, established in 2007, remains a privately held entity, which some investors prefer for different perceived advantages. Both brokers are not banks, focusing entirely on providing brokerage services. Their regulatory strength is underscored by each holding two Tier-1 licenses. In addition, XTB holds two Tier-2 licenses, while Axi has one Tier-2 license.
When considering trust, XTB achieves an impressive Trust Score of 96 out of 99 according to ForexBrokers.com, categorizing it as highly trusted. Axi, with a Trust Score of 82, is still considered a trusted entity, but slightly below XTB’s rating. For traders looking at regulatory frameworks and trust ratings, these aspects can be important in making an informed decision between these two brokers.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Year Founded | 2002 | 2007 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees between XTB and Axi, XTB offers a compelling choice for various traders. It features two types of accounts: a spread-only Standard account and a Commission-based Professional account, although the latter is primarily accessible to clients in the U.K. and Europe who qualify as professionals. In terms of pricing, XTB aligns with the industry average but lacks the competitive edge of top-tier brokers. Specifically, XTB's average forex spread for the EUR/USD was recorded at 1 pip in Q4 2023. The Standard account is particularly suitable for retail traders due to cost-effectiveness at smaller volumes, especially as the Professional account is no longer widely available. Furthermore, XTB enhances its offering with an active trader program, the Lower Spread Group, which provides rebates ranging from 5% to 30% on spreads when traders hit designated volume milestones each month.
On the other hand, Axi does not publish average spread data, making a direct spread comparison difficult. When looking at trader feedback, XTB receives a commendable 4.5 out of 5-star rating in the commissions and fees domain, surpassing Axi's 4-star rating. This information reinforces XTB's slightly superior standing in this aspect for most traders, especially when considering value for spreads and the potential benefits of their active trader program.
Rankings by ForexBrokers.com further differentiate the competitive stance of these brokers, with XTB capturing the 11th spot out of 63 brokers in the Commissions and Fees category, while Axi ranks at 43. This data underscores XTB's preferable position in terms of commissions and fees, making it a more compelling choice for traders focused on cost-efficiency and potential savings.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.00 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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.
When comparing the investment offerings of XTB and Axi, XTB clearly leads the way with an impressive 7,184 tradeable symbols, dwarfing Axi's 175. Both brokers provide investors the chance to engage in forex trading via CFDs or spot contracts, but XTB edges out Axi slightly, offering 71 forex pairs compared to Axi's 65. One significant advantage of choosing XTB is the option to invest in exchange-traded securities from U.S. and international exchanges, allowing clients to buy shares of major companies like Apple and Vodafone directly. In contrast, Axi does not offer this service.
A unique feature Axi provides is copy trading, a tool that lets clients mimic the trades of successful investors, which could benefit those new to trading. However, both platforms restrict cryptocurrency transactions to derivatives only, with no option to buy actual cryptocurrencies. Based on ratings from ForexBrokers.com, XTB earns a stellar 5-star rating for its range of investments compared to Axi's 3.5-star rating. This superior offering reflects XTB's higher ranking at 14th out of 63 brokers, whereas Axi is positioned at 56th, highlighting XTB's more extensive investment choices.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 175 |
| Forex Pairs (Total) | 71 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 XTB and Axi in terms of their trading platforms and tools, both brokers offer simulated trading with free virtual demo accounts, allowing users to practice without risk. XTB stands out with its proprietary platform, designed in-house, while Axi relies on third-party platforms. Both brokers provide Windows-based desktop downloads and web-based trading options, making them accessible from virtually any device. However, Axi offers copy trading and supports MetaTrader 4 (MT4), unlike XTB. Additionally, Axi includes ZuluTrade, a social trading platform, which XTB does not offer. For charting capabilities, Axi lags behind with fewer drawing tools—only 15 compared to XTB's 32.
When it comes to functionality like trading directly from stock charts, both XTB and Axi offer this feature. For watch lists, XTB provides slightly more customizable columns than Axi, with eight compared to Axi’s seven. As rated by ForexBrokers.com, XTB achieves 4.5 stars for its trading platforms and ranks impressively at #9 out of 63 brokers. In contrast, Axi receives a lower rating of 3.5 stars and ranks at the #63 position. These factors make XTB a favorable choice for those prioritizing trading tools and platform capabilities.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 30 |
| Charting - Drawing Tools (Total) | 32 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both XTB and Axi offer convenient trading experiences through their mobile apps available for iPhone and Android users. For those keen on receiving stock or forex price alerts, both platforms provide this feature, ensuring traders stay informed on market movements. While XTB boasts 39 technical studies for charting within its app, Axi offers 30, offering users tools to analyze their trades effectively. Both apps support drawing trendlines and viewing various time frames, from daily to intraday charts. Notably, XTB includes an auto-save function for drawings on charts, a capability Axi lacks. Creating watchlists with real-time quotes is seamless on both apps, although syncing these watchlists with online accounts isn't available in either.
When it comes to user ratings, XTB outshines Axi by securing a 4.5-star rating compared to Axi's 3.5 stars. This is reflected in their rankings by ForexBrokers.com, where XTB is a strong contender at #8 out of 63 brokers for mobile trading apps, whereas Axi finds itself at the lower end, ranked #59. Whether you're just starting or a seasoned trader, understanding these differences can guide you in choosing the mobile trading platform that best suits your needs.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | 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 online brokers XTB and Axi, several distinctions become apparent. XTB provides daily market commentary and offers forex news from leading sources like Bloomberg and Reuters, enhancing traders' access to up-to-date information. It also stands out with its sentiment-based trading tools and a comprehensive economic calendar outlining global news events. Despite not offering technical analysis tools from companies like Autochartist or Trading Central, XTB's offerings contribute to its 5-star research rating and a #7 ranking among 63 brokers evaluated by ForexBrokers.com.
On the other hand, Axi provides forex news from top-tier sources similar to XTB and features a sentiment-based trading tool and an economic calendar. However, Axi significantly differentiates itself by offering technical analysis tools from Autochartist, which can be particularly beneficial for technical traders. Despite this, Axi lacks daily market commentary and is rated 3 stars for its research capabilities, ranking #55 among the 63 brokers reviewed by ForexBrokers.com. Overall, each broker has unique strengths, catering to different trader needs depending on the importance placed on particular resources and tools.
| Feature |
XTB
|
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) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both XTB and Axi cater well to their clients by offering more than 10 educational pieces. This includes articles, videos, and archived webinars focused primarily on forex and CFDs. Both brokers provide monthly webinars aimed at enhancing customer knowledge. However, XTB has a leg up with its searchable archive of previously recorded client webinars, making it easier for users to access past knowledge at their own convenience.
XTB shines in offering educational videos tailored to different skill levels, with at least 10 videos each for beginners and advanced traders. On the other hand, Axi matches XTB in the number of beginner videos but falls short on advanced content. While Axi offers an extensive investor dictionary with over 50 investing terms, XTB does not provide this resource. Overall, with a rating of 5 stars for education and an 11th place ranking in the Education category from ForexBrokers.com, XTB outperforms Axi, which scores 3 stars and ranks 27th.
| Feature |
XTB
|
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 XTB is better than Axi. XTB finished with an overall rank of #7, while Axi finished with an overall rank of #49.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 82 |
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Both XTB and Axi provide the option to trade cryptocurrency derivatives, but neither allows the purchase of actual, delivered cryptocurrencies.
When comparing online brokers, XTB and Axi both support deposits and withdrawals via Skrill, Visa, Mastercard, and bank wires, but only XTB offers PayPal as an option, while neither broker provides ACH or SEPA transfer services for account funding.
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 | XTB | Axi | |
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| Trust Score | 96 | 82 | |
| Winner | check_circle | ||
| Review | XTB Review |
| Broker Screenshots | XTB | Axi | |
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| Regulation | XTB | Axi | |
|---|---|---|---|
| Trust Score | 96 | 82 | |
| Year Founded | 2002 | 2007 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | 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) | XTB | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XTB | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 175 | |
| Forex Pairs (Total) | 71 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Axi | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | No | No |
| Trading Platforms | XTB | Axi | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | XTB | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 39 | 30 | |
| Charting - Drawing Tools (Total) | 32 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | 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 | 39 | 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 | XTB | 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 | Yes | Yes |
| Education | XTB | 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 | XTB | 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 | XTB Review |
| Overall | XTB | Axi | |
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| Trust Score | 96 | 82 | |
| Winner | check_circle | ||
| Review | XTB Review |
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