Compare Axi vs easyMarkets
What is Axi? What is easyMarkets?
Axi is a global online forex and CFD broker that offers variable spreads, low commissions, fast execution and a range of trading platforms, including MetaTrader 4 and MetaTrader 5.
easyMarkets is a market maker broker that offers fixed spreads, no commissions, innovative risk management tools and a choice of trading platforms, including MetaTrader 4 and its own proprietary platform.
Axi vs easyMarkets Regulation Comparison
Both Axi and easyMarkets are regulated by reputable authorities in different jurisdictions. Axi holds licenses from the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, the Dubai Financial Services Authority (DFSA) and the Financial Services Authority (FSA) in Seychelles.
easyMarkets holds licenses from the Cyprus Securities and Exchange Commission (CySEC), the ASIC and the British Virgin Islands Financial Services Commission (FSC BVI).
Axi vs easyMarkets Trading Assets Comparison
Axi offers more than 175 trading instruments, including 65 currency pairs, 11 cryptocurrencies, 31 indices, 16 commodities and 52 share CFDs.
easyMarkets offers more than 199 trading instruments, including 62 currency pairs, 17 cryptocurrencies, 14 indices, 26 share CFDs and 31 commodities.
Axi vs easyMarkets Trading Fees Comparison
Axi charges a commission of US$3.5 per side for each trade on its Pro account, which offers variable spreads from 0.0 pips on major currency pairs such as EUR/USD. Axi also offers a Standard account with no commissions but wider spreads from 1.2 pips on EUR/USD.
easyMarkets does not charge any commissions but offers fixed spreads that are wider than Axi’s variable spreads. For example, on its VIP account, easyMarkets offers a fixed spread of 1.2 pips on EUR/USD. On its MT4 platform, easyMarkets offers a fixed spread of 0.9 pips on EUR/USD for its VIP account.
Axi vs easyMarkets Account Types Comparison
Axi offers two main account types: Standard and Pro. The Standard account has no commissions but wider spreads, while the Pro account has lower spreads but charges commissions. Both accounts have a minimum deposit of $0 and offer leverage up to 500:1 for offshore clients or up to 30:1 for UK and EU clients.
easyMarkets offers three main account types: Standard, Premium and VIP. The Standard account has a minimum deposit of $200, the Premium account has a minimum deposit of $3,000 and the VIP account has a minimum deposit of $10,000. All accounts offer fixed spreads, no commissions, leverage up to 400:1 for offshore clients or up to 30:1 for UK and EU clients, and access to risk management tools such as dealCancellation.
Axi vs easyMarkets Deposit Options Comparison
Axi supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, Skrill, Neteller, BPAY, POLi and Global Collect. Axi does not charge any fees for deposits or withdrawals but third-party fees may apply.
easyMarkets supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay and UnionPay. easyMarkets does not charge any fees for deposits or withdrawals but third-party fees may apply.
Axi vs easyMarkets Trading Platforms Comparison
Axi offers two main trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are popular among traders for their advanced features, such as charting tools, technical indicators, automated trading and social trading. Axi also offers a web-based platform called WebTrader that allows traders to access their accounts from any browser without downloading any software.
easyMarkets offers two main trading platforms: MetaTrader 4 (MT4) and its own proprietary platform. MT4 is similar to Axi’s MT4 platform but with fixed spreads instead of variable spreads. The proprietary platform is a user-friendly platform that offers features such as dealCancellation, freeze rate, free guaranteed stop loss and negative balance protection. easyMarkets also offers a web-based platform and a mobile app for both iOS and Android devices.
Axi vs easyMarkets Analytical Tools Comparison
Axi provides traders with various analytical tools, such as economic calendar, market news, trading signals, Autochartist, PsyQuation and VPS. Axi also offers educational resources, such as webinars, videos, articles and ebooks.
easyMarkets provides traders with various analytical tools, such as economic calendar, market news, trading signals, trading charts and indicators. easyMarkets also offers educational resources, such as webinars, videos, articles and ebooks.
Axi vs easyMarkets. Which forex broker is better? Which forex broker should you choose?
Which forex broker is better or which one you should choose depends on your personal preference, trading style, risk appetite and goals. However, you can refer to some suggestions on how to compare and evaluate different brokers:
- Compare the spreads, commissions, fees and other costs of trading with each broker. Look for a broker that offers competitive and transparent pricing and does not charge hidden fees.
- Compare the regulation, licensing and reputation of each broker. Look for a broker that is regulated by reputable authorities in your jurisdiction and has a good track record of customer service and compliance.
- Compare the trading platforms, tools and features of each broker. Look for a broker that offers a platform that suits your needs and preferences, whether it is web-based, desktop or mobile. Also look for a broker that offers useful tools and features, such as charting, indicators, signals, risk management and education.
- Compare the trading instruments, markets and products of each broker. Look for a broker that offers a wide range of trading instruments, such as currency pairs, cryptocurrencies, indices, commodities and shares. Also look for a broker that offers access to different markets and products, such as spot forex, CFDs, futures and options.
- Compare the account types, deposit and withdrawal options and customer support of each broker. Look for a broker that offers an account type that matches your trading style and budget, whether it is standard, pro or VIP. Also look for a broker that supports various deposit and withdrawal methods, such as bank transfer, credit card or e-wallet. Finally, look for a broker that offers responsive and helpful customer support via phone, email or live chat.
These are some of the factors you can consider when comparing and choosing a forex broker. You can also read some online reviews from other traders to get their opinions and experiences with different brokers. Ultimately, the best forex broker for you is the one that meets your needs and expectations.
