To find the top fx brokers
, the team here at ForexBrokers.com collected over 6,000 data points during a seven month review of the forex industry. In this fx broker comparison, we will compare AxiTrader vs FOREX.com (GAIN Capital).
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. FOREX.com (GAIN Capital) received a rating of 4.50 stars over AxiTrader's 3.50 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Both AxiTrader and FOREX.com (GAIN Capital) are regulated in a major hub. FOREX.com (GAIN Capital) is a publicly traded company, while AxiTrader is not. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. FOREX.com (GAIN Capital) offers its clients access to 84 different currency pairs while AxiTrader has 53 available pairs, a difference of 31.
To round out our comparison of AxiTrader vs FOREX.com (GAIN Capital), let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Both AxiTrader and FOREX.com (GAIN Capital) offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. AxiTrader offers its clients access to 31 charting tools while FOREX.com (GAIN Capital) has 22 charting tools, a difference of 9. AxiTrader trails FOREX.com (GAIN Capital) by 88 total different indicators (for example, moving averages), with FOREX.com (GAIN Capital) offering 139 and AxiTrader offering 51.
Overall, FOREX.com (GAIN Capital) comes out on top with 4.50 stars over AxiTrader's 3.50 stars. And, when it comes to individual category awards, FOREX.com (GAIN Capital) was rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Investor Education in 2018, while AxiTrader was rated none of these.