Written by ForexBrokers.com
In this head to head comparison of Axi vs Xtrade, 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.
Established in 2007, Axi is a well-regarded online broker with a Trust Score of 82, identifying it as a trusted platform in the financial market. Axi holds two top-tier licenses and one additional trusted Tier-2 license, underscoring its commitment to maintaining security and compliance. Although Axi is not publicly traded or a bank, its regulatory standing and long-standing presence contribute to its reputation as a reliable broker.
Founded in 2003, Xtrade presents itself as an online broker with a Trust Score of 74, which indicates an average risk accorded by ForexBrokers.com. Xtrade holds one high-trust Tier-1 license and one trusted Tier-2 license, positioning it as a more moderate choice when comparing risk levels. Like Axi, Xtrade is neither publicly traded nor a banking institution, but its single top-tier license provides a layer of regulatory oversight.
| Feature |
Axi
|
Xtrade
|
|---|---|---|
| Year Founded | 2007 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers Axi and Xtrade, it's clear there are significant differences between the two. Axi offers a better value for traders who are concerned about costs, with a solid 4-star rating in this category. Ranked #44 among 63 brokers by ForexBrokers.com, Axi is in the top tier for affordability, although specific average spread data isn't available.
In contrast, Xtrade is rated at just 2.5 stars for its commissions and fees. This places it at the bottom of the rankings at #63 out of 63 brokers according to ForexBrokers.com. Without average spread data, these rankings indicate that Xtrade might not provide the most cost-effective trading experience compared to other options on the market.
Overall, Axi seems to offer a more economical choice for traders focused on minimizing their fees. With a better star rating and a considerably higher ranking compared to Xtrade, those prioritizing cost efficiency may find Axi to be the more appealing option.
| Feature |
Axi
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $0 | $250 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| 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 Axi and Xtrade for their investment options, both platforms allow forex trading through CFDs or spot contracts. Axi provides a total of 175 tradeable symbols, including 65 forex pairs, while Xtrade offers a larger variety with 482 tradeable symbols but slightly fewer forex pairs at 56. Neither broker supports trading actual shares on U.S. or international exchanges, nor do they offer the option to purchase delivered cryptocurrencies. However, both do provide access to cryptocurrency derivatives.
Axi stands out with the offering of copy trading, which Xtrade lacks. Despite these differences, both brokers receive a similar rating of 3.5 stars for their range of investments. According to ForexBrokers.com, Axi is ranked 56th, while Xtrade holds a slightly better position at 49th among 63 brokers. Both platforms offer essential features for forex and cryptocurrency trading, catering to diverse trading styles and preferences.
| Feature |
Axi
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 482 |
| Forex Pairs (Total) | 65 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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 Axi and Xtrade's trading platforms and tools, both brokers offer simulated trading with free virtual demo accounts, appealing to those new to trading or wishing to refine their strategies. Axi supports trading with the highly popular MetaTrader 4 platform and also offers a Windows-based desktop download option. Axi's commitment to providing flexible trading options is further demonstrated through its copy trading capabilities and integration with ZuluTrade. In contrast, Xtrade shines with its proprietary platform and easy web-based access, although it lacks desktop download options and features like MetaTrader 4 and ZuluTrade.
Chart enthusiasts will find Xtrade particularly appealing, offering a remarkable 100 drawing tools for charting compared to Axi's 15. Both platforms allow trading directly from stock charts and provide web-based trading, delivering convenience to users who prefer browser access. When it comes to watch lists, Xtrade provides more flexibility with nine columns for personalized monitoring, compared to Axi's seven. Despite these differences, both Axi and Xtrade receive a 3.5-star rating for their trading platforms and tools, reflecting their respective strengths. That said, ForexBrokers.com ranks Xtrade slightly higher at #58 out of 63 brokers compared to Axi's #63 ranking for the same category.
| Feature |
Axi
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Axi and Xtrade, both provide apps for iPhone and Android users, ensuring easy access on popular mobile platforms. However, Axi distinguishes itself by offering stock and forex price alerts, a feature that Xtrade lacks. For those keen on technical analysis, Axi delivers with 30 technical studies available for charting. These features are complemented by Axi's ability to draw trendlines and view multiple time frames on stock or forex charts, tools that are not provided by Xtrade.
In terms of convenience features, neither Axi nor Xtrade supports watchlist symbol syncing or auto-saving of chart drawings, limiting seamless transitions between devices. Axi allows users to create watchlists with real-time quotes, a capability that Xtrade does not offer. Despite some of Axi's advanced features, Xtrade receives a slightly higher user rating of 4 stars compared to Axi's 3.5 stars. According to ForexBrokers.com, Xtrade ranks at #53 out of 63 brokers for mobile trading apps, ahead of Axi, which is ranked at #59. This suggests that, overall, users might find Xtrade's app experience more satisfying.
| Feature |
Axi
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Axi and Xtrade, several differences and similarities stand out. Axi provides forex news from reputable sources like Bloomberg and Reuters, and offers technical analysis tools from Autochartist, making it a viable choice for traders who rely on data-driven insights. Additionally, Axi features a sentiment-based trading tool that highlights the ratio of long or short positions across various instruments, and includes an economic calendar for tracking global events. On the downside, Axi lacks daily market commentary and other research tools from platforms like Trading Central or Acuity Trading.
Xtrade shines with its provision of daily market commentary, which is a beneficial feature for traders who prefer regular updates. Like Axi, Xtrade delivers forex news from top-tier sources and includes an economic calendar. However, it falls short when it comes to offering Autochartist tools or sentiment-based trading aids. Neither broker provides research tools from TipRanks or Acuity Trading. While Xtrade scores slightly higher with a research rating of 3.5 stars compared to Axi's 3 stars, it is ranked just three positions above Axi according to ForexBrokers.com.
| Feature |
Axi
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at Axi and Xtrade, both brokers demonstrate a commitment to offering a solid foundation in forex and CFDs. Axi provides a wealth of educational materials, including a substantial collection of beginner-focused videos that cover essential topics necessary for novice traders. In addition, Axi hosts monthly client webinars to deepen trading knowledge, though it lacks an archive for past sessions. Axi also supports learning through an investor dictionary with over 50 terms, ensuring that newcomers have access to clear explanations of complex concepts. However, the lack of advanced educational videos might limit opportunities for traders looking to enhance their expertise beyond the basics.
On the other hand, Xtrade also furnishes traders with more than 10 educational resources in forex and CFDs. While it offers an investor dictionary similar to Axi's, Xtrade falls short in certain areas crucial for beginners. The platform does not conduct regular online webinars or provide a substantial number of beginner-specific educational videos, which could hinder the learning process for new traders seeking structured guidance through rich multimedia content. Despite the slight edge in educational ratings over Axi, Xtrade's limited ability to deliver beginner-friendly video content and live expert interaction might be a significant consideration for those new to the world of trading.
| Feature |
Axi
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | 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 Axi is better than Xtrade. Axi finished with an overall rank of #49, while Xtrade finished with an overall rank of #59.
Axi, previously known as AxiTrader, is an evolving brand regulated in Australia, the UK, and the UAE. With just the MetaTrader platform available and a limited range of investment products, Axi lags behind the best multi-asset brokers.
| Feature |
Axi
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Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 74 |
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While both Axi and Xtrade do not provide the option to purchase actual (delivered) cryptocurrency, they each offer the capability to trade in cryptocurrency derivatives, allowing users to engage in the market without owning the actual digital assets.
Both Axi and Xtrade do not support ACH or SEPA transfers or PayPal for depositing or withdrawing funds, but they do offer Skrill, Visa, Mastercard, and bank wire options for account transactions.
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 | Axi | Xtrade | |
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| Trust Score | 82 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | Axi | Xtrade | |
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| Regulation | Axi | Xtrade | |
|---|---|---|---|
| Trust Score | 82 | 74 | |
| Year Founded | 2007 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Axi | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Axi | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 482 | |
| Forex Pairs (Total) | 65 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Axi | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Axi | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $0 | $250 | |
| 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 | Axi | Xtrade | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Axi | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | No |
| Research | Axi | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Axi | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Axi | Xtrade | |
|---|---|---|---|
| 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 | Xtrade Review |
| Overall | Axi | Xtrade | |
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| Trust Score | 82 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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