Compare Axi vs Libertex
What is Axi? What is Libertex?
Axi is a global online forex and CFD broker that was established in 2007 and is regulated by several authorities, including ASIC, FCA, DFSA and FSCA. Libertex is a Cyprus-based forex and CFD broker that was founded in 1997 and is regulated by CySEC. Both brokers offer trading on various instruments, such as forex, indices, commodities, stocks and cryptocurrencies.
Axi vs Libertex Regulation Comparison
Axi has more regulatory licenses than Libertex, which means it has to comply with more rules and standards to protect its clients. Axi is regulated by ASIC (Australia), FCA (UK), DFSA (UAE), FSCA (South Africa) and NBRB (Belarus). Libertex is only regulated by CySEC (Cyprus), which is a reputable regulator in the EU, but not as strict as some of the others.
Axi vs Libertex Trading Assets Comparison
Both brokers offer a wide range of trading assets, but Axi has more options than Libertex. Axi offers over 150 currency pairs, 80 CFDs on indices, commodities, metals, energies and futures, as well as options and ETFs. Libertex offers 51 currency pairs, 43 CFDs on indices, commodities, metals and energies, as well as 250 stocks and 50 cryptocurrencies.
Axi vs Libertex Trading Fees Comparison
Both brokers charge variable spreads and commissions on their trades, but the fees may vary depending on the account type, platform and instrument. Axi has three account types: Standard, Pro and Islamic. The Standard account has no commissions but higher spreads, while the Pro account has lower spreads but charges $7 per lot round turn. The Islamic account is swap-free but has higher spreads than the Pro account. Libertex has only one account type, which charges commissions based on the trade size and instrument. The commissions range from $0.01 to $15 per lot round turn. The spreads are very low, starting from zero pips on some instruments.
Axi vs Libertex Account Types Comparison
Axi has three account types, while Libertex has only one. Both brokers have a minimum deposit requirement of $1 for their accounts. Axi also offers a PAMM account service for investors who want to copy the trades of professional traders. Libertex does not have this feature.
Axi vs Libertex Deposit Options Comparison
Both brokers support various payment methods for depositing and withdrawing funds from their accounts. Axi accepts credit/debit cards, wire transfer, Skrill, Neteller and BPAY. Libertex accepts credit/debit cards, wire transfer, Neteller, Skrill, WebMoney, QIWI and YooMoney. Both brokers do not charge any fees for deposits or withdrawals, but some third-party providers may apply their own fees.
Axi vs Libertex Trading Platforms Comparison
Both brokers use MetaTrader 4 as their main trading platform, which is a popular and user-friendly platform that offers advanced charting tools, indicators, expert advisors and automated trading features. Axi also offers MetaTrader 5, which is an upgraded version of MT4 that supports more instruments and order types. Libertex also offers its own proprietary platform called Libertex, which is a web-based platform that has a simple and intuitive interface that allows traders to access the markets with one click.
Axi vs Libertex Analytical Tools Comparison
Both brokers provide various analytical tools to help their clients with their trading decisions. Axi and Libertex both offers free education materials, market news, economic calendar, trading signals, webinars and seminars.
Axi vs Libertex. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better or which one you should choose, as it depends on your personal preferences, trading style, goals and risk appetite. Friend. However, you can consider some of the following factors to help you make your decision:
- Regulation: If you value security and protection, you may prefer a broker that has more regulatory licenses and oversight from reputable authorities. In this case, Axi may be a better choice than Libertex, as it is regulated by more regulators in different jurisdictions.
- Trading Assets: If you want to diversify your portfolio and trade on various instruments, you may prefer a broker that offers more options and variety. In this case, Axi may be a better choice than Libertex, as it offers more currency pairs, CFDs, options and ETFs than Libertex.
- Trading Fees: If you want to save on your trading costs and maximize your profits, you may prefer a broker that has lower fees and charges. In this case, Libertex may be a better choice than Axi, as it has lower commissions and spreads than Axi on most instruments. However, you should also consider other factors such as execution speed, slippage and swap rates that may affect your trading performance.
- Account Types: If you want to have more flexibility and control over your trading conditions, you may prefer a broker that offers more account types and features. In this case, Axi may be a better choice than Libertex, as it has three account types with different spreads and commissions, as well as a PAMM account service for investors. Libertex only has one account type with fixed commissions.
- Deposit and Withdrawal Options: If you want to have more convenience and ease of access to your funds, you may prefer a broker that supports more payment methods and does not charge any fees for deposits or withdrawals. In this case, both brokers are equally good, as they accept various payment methods and do not charge any fees for deposits or withdrawals. However, you should also check the processing time and the minimum and maximum limits for each method.
- Trading Platforms: If you want to have a smooth and enjoyable trading experience, you may prefer a broker that offers a reliable and user-friendly trading platform that suits your needs and preferences. In this case, both brokers are equally good, as they use MetaTrader 4 as their main trading platform, which is a widely used and trusted platform that offers many features and tools. However, if you want to try a different platform or use MetaTrader 5, you may prefer Axi over Libertex, as Axi also offers MetaTrader 5 and Libertex only offers its own web-based platform.
- Analytical Tools: If you want to improve your trading skills and knowledge, you may prefer a broker that provides various analytical tools and resources to help you with your trading decisions. In this case, both brokers are equally good, as they offer free education materials, market news, economic calendar, trading signals and webinars.
Ultimately, the best forex broker for you is the one that meets your expectations and requirements the most. You can also try their demo accounts or read some online reviews from other traders to get more insights into their services and performance.
