Compare Axi vs Amega
What is Axi? What is Amega?
Axi is a global forex and CFD trading firm, trusted by investors around the world. It offers highly leveraged trading opportunities plus a $0 minimum deposit, award-winning customer support, and advanced tools such as Autochartist and Myfxbook.
Amega is a forex broker that offers leveraged trading on popular financial markets with zero commissions and spreads from 0.8 pips. It also has a $0 minimum deposit, a demo account, and an Islamic account option.
Axi vs Amega Regulation Comparison
Axi is regulated by several reputable authorities, such as ASIC (Australia), FCA (United Kingdom), DFSA (United Arab Emirates), and FMA (New Zealand). Amega is only regulated by FSC (Mauritius), which is not a very strong or reliable regulator.
Axi vs Amega Trading Assets Comparison
Axi offers more than 70 currency pairs, plus CFDs on indices, shares, commodities, and cryptocurrencies. Amega offers CFDs on forex, shares, indices, commodities, metals, and cryptocurrencies.
Axi vs Amega Trading Fees Comparison
Axi charges variable spreads that start from 0.0 pips on its Pro account and 1.0 pips on its Standard account. It also charges a commission of $7 per lot on its Pro account. Amega charges fixed spreads that start from 0.8 pips on its Premium account and 1.5 pips on its Classic account. It also charges a commission of $2 per lot on its Premium account.
Axi vs Amega Account Types Comparison
Axi offers two main account types: Standard and Pro. The Standard account has no commission but higher spreads, while the Pro account has lower spreads but a commission fee. Both accounts have a minimum deposit of $0 and a maximum leverage of 1:500. Amega offers three main account types: Classic, Premium, and Scalper. The Classic account has no commission but higher spreads, while the Premium and Scalper accounts have lower spreads but a commission fee. The Premium account has a minimum deposit of $20 and a maximum leverage of 1:1000, while the Scalper account has a minimum deposit of $100 and a maximum leverage of 1:200.
Axi vs Amega Deposit Options Comparison
Axi supports various payment methods, such as credit/debit cards, wire transfer, Skrill, Neteller, BPAY, JCB Card, PIX Payment, Boleto, FasaPay, and Maestro. Amega supports fewer payment options, such as wire transfer, credit/debit cards, Skrill, Neteller, Perfect Money, Sticpay, and Bitcoin Payments.
Axi vs Amega Trading Platforms Comparison
Both brokers use MetaTrader 4 as their main trading platform. However, Axi also offers MT4 NexGen software that adds more features and functionalities to the platform. Axi also provides access to Myfxbook for social trading and copy trading services. Amega also uses MetaTrader 5 as an alternative platform that has more advanced tools and indicators than MT4.
Axi vs Amega Analytical Tools Comparison
Axi provides Autochartist as an analytical tool that scans the market for trading opportunities based on technical analysis and patterns. Amega does not offer any specific analytical tools apart from those available on MT4 and MT5.
Axi vs Amega. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better, as different brokers can have different advantages and disadvantages depending on your trading style, preferences and goals. Friend. However, you can consider several factors when choosing a broker:
- Regulation: Axi has more reputable and reliable regulators than Amega, which may give you more confidence and protection when trading with them.
- Trading assets: Axi offers more currency pairs than Amega, which may give you more opportunities and diversity in the forex market. However, both brokers offer a similar range of CFDs on other markets, such as stocks, indices, commodities, and cryptocurrencies.
- Trading fees: Axi and Amega have different fee structures, depending on the account type you choose. Axi has lower spreads but higher commissions on its Pro account, while Amega has higher spreads but lower commissions on its Premium and Scalper accounts. You may want to compare the total cost of trading for each broker based on your trading volume and frequency.
- Account types: Axi and Amega have different minimum deposit and maximum leverage requirements for their account types. Axi has a $0 minimum deposit and a 1:500 leverage for both its Standard and Pro accounts, while Amega has a $20 minimum deposit and a 1:1000 leverage for its Premium account, and a $100 minimum deposit and a 1:200 leverage for its Scalper account. You may want to choose an account type that matches your risk appetite and capital availability.
- Payment methods: Axi supports more payment methods than Amega, which may give you more convenience and flexibility when depositing and withdrawing funds from your trading account.
- Trading platforms: Both brokers use MetaTrader 4 as their main trading platform, which is a popular and user-friendly platform for forex traders. However, Axi also offers MT4 NexGen software that adds more features and functionalities to the platform, such as advanced order management, sentiment indicators, correlation trader, alarm manager, and more. Axi also provides access to Myfxbook for social trading and copy trading services, which may help you learn from other traders and follow their strategies. Amega also uses MetaTrader 5 as an alternative platform that has more advanced tools and indicators than MT4, such as more timeframes, more order types, more technical analysis tools, economic calendar, depth of market, and more.
- Analytical tools: Axi provides Autochartist as an analytical tool that scans the market for trading opportunities based on technical analysis and patterns. Autochartist can help you identify potential entry and exit points, support and resistance levels, trend direction, volatility, and risk management. Amega does not offer any specific analytical tools apart from those available on MT4 and MT5.
Ultimately, the choice of broker depends on your personal preferences and goals. You may want to try out the demo accounts of both brokers to test their services and platforms before opening a live account.
