Compare AMarkets vs Axi
What is AMarkets? What is Axi ?
AMarkets is a forex broker that was established in 2007 and is regulated by the Financial Commission in the United Kingdom. It offers trading on various instruments, such as forex, CFDs, stocks, crypto, metals, and futures. It also provides various account types, trading platforms, analytical tools, and educational resources for its clients.
Axi is also a forex broker that was established in 2007 and is regulated by ASIC in Australia, FCA in the United Kingdom, DFSA in the United Arab Emirates, and FSCL in New Zealand. It offers trading on forex, CFDs, indices, commodities, metals, and energies. It also provides MetaTrader 4 as its trading platform, along with various trading tools and educational materials.
AMarkets vs Axi Regulation Comparison
AMarkets is regulated by the Financial Commission in the United Kingdom, which is an independent organization that provides dispute resolution and compensation for traders. However, it is not a governmental or statutory authority, so it may not have the same level of oversight and protection as other regulators.
Axi is regulated by multiple authorities in different jurisdictions, such as ASIC in Australia, FCA in the United Kingdom, DFSA in the United Arab Emirates, and FSCL in New Zealand. These regulators are known for their strict standards and rules for forex brokers, such as capital adequacy, client fund segregation, audit requirements, and consumer protection.
AMarkets vs Axi Trading Assets Comparison
AMarkets offers a wider range of trading assets than Axi, as it includes forex, CFDs, stocks, crypto, metals, futures, ETFs, options, agriculture, indices, commodities, bonds, binary options, ETFs, and physical stocks. However, some of these assets may not be available for all account types or trading platforms.
Axi offers a more limited range of trading assets than AMarkets, as it only includes forex, CFDs, indices, commodities, metals, and energies. However, these assets may have more liquidity and volatility than some of the other assets offered by AMarkets.
AMarkets vs Axi Trading Fees Comparison
AMarkets has different trading fees depending on the account type and trading platform chosen by the client. It offers fixed spreads for some accounts and variable spreads for others. It also charges commissions for some accounts and platforms but not for others. The minimum deposit required to open an account with AMarkets is $100.
Axi has more consistent trading fees across its account types and trading platform. It offers variable spreads for all accounts and charges commissions for some accounts but not for others. The minimum deposit required to open an account with Axi is $1.
AMarkets vs Axi Account Types Comparison
AMarkets offers four main account types: Standard (fixed spread), Standard (variable spread), ECN (variable spread), and Crypto (variable spread). Each account type has different features and benefits, such as leverage ratio, minimum lot size, number of instruments, swap charges, commission fees, etc..
Axi offers two main account types: Standard (variable spread) and Pro (variable spread). Both account types have similar features and benefits, such as leverage ratio, minimum lot size, number of instruments, swap charges, etc. The main difference between them is that the Pro account charges commissions while the Standard account does not.
AMarkets vs Axi Deposit Options Comparison
AMarkets offers more deposit and withdrawal options than Axi, such as WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Perfect Money, FasaPay, Crypto, Litecoin, AdvCash, Tether (USDT), OnlineNaira, Ethereum. However, some of these options may have fees or limitations depending on the amount or currency involved.
Axi offers fewer deposit and withdrawal options than AMarkets, such as Skrill, Wire transfer, Credit/debit cards, Neteller, and BPAY. However, these options are free of charge and have no minimum or maximum limits.
AMarkets vs Axi Trading Platforms Comparison
AMarkets offers more trading platforms than Axi, such as MetaTrader 4, MetaTrader 5, and AMarkets App. These platforms are compatible with various devices, such as desktop, web, mobile, and tablet. They also have various features and tools, such as one-click trading, trailing stop, pending orders, indicators, charts, etc..
Axi offers only one trading platform, which is MetaTrader 4. This platform is also compatible with various devices, such as desktop, web, mobile, and tablet. It also has various features and tools, such as one-click trading, trailing stop, pending orders, indicators, charts, etc.. However, the demo account on this platform is limited to 30 days.
AMarkets vs Axi Analytical Tools Comparison
AMarkets offers more analytical tools than Axi, such as Autochartist, Trading Central, Economic Calendar, Market Sentiment, etc. These tools can help traders with their market analysis, trading signals, risk management, etc..
Axi offers fewer analytical tools than AMarkets, such as Autochartist, Economic Calendar, Trading Guides, etc. These tools can also help traders with their market analysis, trading signals, risk management, etc..
AMarkets vs Axi . Which forex broker is better? Which forex broker should you choose?
Choosing a suitable broker depends on your personal preferences, trading goals, risk appetite and other factors. However, here are some possible advantages and disadvantages of each broker:
- AMarkets may be better for traders who want more trading assets, platforms and analytical tools. It may also be better for traders who want a fixed spread or trade cryptocurrencies. However, AMarkets may have less regulatory protection, higher trading fees, and fewer deposit and withdrawal options than Axi.
- Axi may be better for traders who want more regulatory protection, lower transaction fees, and more deposit and withdrawal options. It can also be better for traders who want variable spreads or higher liquidity and volatility. However, Axi may have fewer trading assets, platforms and analytical tools than AMarkets.
In the end, the best way to decide which broker is better for you is to experiment for yourself. You can open a demo account with each broker and test their features and services before switching to a real account. You can also read some user reviews and testimonials from other traders who have used these brokers.
