FlowBank vs AxiTrader Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare FlowBank vs AxiTrader.
Does FlowBank or AxiTrader offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, FlowBank
offers better pricing overall for traders.
Is FlowBank or AxiTrader safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. AxiTrader holds 2 global Tier-1 licenses, while FlowBank holds 1. AxiTrader holds 1 global Tier-2 licenses, while FlowBank holds 0. In our analysis of 23 international regulators across 50 brokers, AxiTrader earned a higher Trust Score than FlowBank.
Which trading platform is better: FlowBank or AxiTrader?
To compare the trading platforms of both FlowBank and AxiTrader, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FlowBank offers a better experience. With research, FlowBank offers superior market research. Finally, we found FlowBank to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both FlowBank and AxiTrader offer MetaTrader 4 (MT4).FlowBank and AxiTrader both offer copy trading.
How many forex pairs and CFDs are available to trade?
AxiTrader provides traders 65 currency pairs (e.g., EUR/USD) compared to FlowBank's 51 available pairs. Forex pairs aside, FlowBank offers traders access to 408600 CFDs while AxiTrader has 175 available CFDs, a difference of 408425.
Can I trust FlowBank?
FlowBank operates a regulated Swiss bank, and is authorised by one tier-1 regulator (high trust): the Swiss Financial Market Supervisory Authority (FINMA).
Can I trust AxiTrader?
AxiTrader is not publicly traded and does not operate a bank. AxiTrader is authorised by two tier-1 regulators (high trust), one tier-2 regulators (average trust), and zero tier-3 regulators (low trust). AxiTrader is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is FlowBank good?
As a relative newcomer to the Swiss online brokerage scene, FlowBank already has a lot to offer its customers. FlowBank clients benefit from the advantages that come with holding a Swiss bank account, and its brokerage services provide access to more advertised symbols than any online broker that weโve reviewed thus far.
Is AxiTrader good?
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.
Overall winner: FlowBank
Popular Forex Reviews
Popular Forex Guides
announcementPlease note:
We review each brokerโs overall global offering โ a โYesโ 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.