Compare Axi vs NSFX
What is Axi? What is NSFX?
Axi is a global online broker that was founded in 2007 and rebranded from AxiTrader to Axi in 2020. It offers trading platforms for share CFDs, forex, crypto, gold and more. It is regulated by the MFSA in Malta and has a reputation for innovation, security and customer service.
NSFX is a forex broker that was established in 2012 and is also regulated by the MFSA in Malta. It offers trading platforms for CFDs, currencies, commodities and indices. It claims to provide a unique forex experience for professionals by professionals, with ECN technology, tight spreads and 24/5 support.
Axi vs NSFX Regulation Comparison
| Broker | Regulation | License Number | Investor Compensation Scheme |
|---|---|---|---|
| Axi | MFSA (Malta) | IS/56519 | Yes, up to €20,000 |
| NSFX | MFSA (Malta) | IS/56519 | Yes, up to €20,000 |
Axi vs NSFX Trading Assets Comparison
| Broker | Forex Pairs | Commodities | Indices | Cryptocurrencies | Shares |
|---|---|---|---|---|---|
| Axi | 130+ | Yes | Yes | Yes | Yes |
| NSFX | 50+ | Yes | Yes | No | No |
Axi offers a wider range of trading assets than NSFX, especially in forex pairs and shares. NSFX does not offer cryptocurrencies as a trading product.
Axi vs NSFX Trading Fees Comparison
| Broker | Spreads | Commissions | Swap Rates |
|---|---|---|---|
| Axi | Variable or fixed, depending on account type. Lowest spread of 0.0 pips on EURUSD on Professional accounts. | None on Standard accounts. $7 per round turn on Pro accounts. | Based on market conditions and account type |
| NSFX | Variable or fixed, depending on account type. Lowest spread of 0.9 pips on EURUSD on ECN accounts. | None on Fixed Spread and STP accounts. $8 per round turn on ECN accounts. | Based on market conditions and account type |
Axi vs NSFX Account Types Comparison
| Broker | Account Types |
|---|---|
| Axi | Standard (minimum deposit $0, variable spreads, no commissions, leverage up to 500:1) Pro (minimum deposit $0, variable spreads from 0.0 pips, $7 commission per round turn, leverage up to 500:1) Islamic (swap-free option for Standard or Pro accounts) Demo (free practice account with $50,000 virtual funds) |
| NSFX | Fixed Spread (minimum deposit $300, fixed spreads from 3 pips, no commissions, leverage up to 30:1) STP (minimum deposit $3,000, variable spreads from 1.6 pips, no commissions, leverage up to 30:1) ECN (minimum deposit $5,000, variable spreads from 0.9 pips, $8 commission per round turn, leverage up to 30:1) Islamic (swap-free option for any account type) Demo (free practice account with $100,000 virtual funds) |
Axi vs NSFX Deposit Options Comparison
Here is a list of the main differences between Axi and NSFX in terms of deposit and withdrawal options:
Axi has more deposit and withdrawal options than NSFX, such as BPAY, FasaPay, China Union Pay, Ngan Luong, broker to broker transfer and local bank transfer.
Both brokers accept bank wire transfer, credit/debit card, Skrill and Neteller as deposit and withdrawal methods.
Axi vs NSFX Trading Platforms Comparison
| Broker | Trading Platforms |
|---|---|
| Axi | MetaTrader 4 (desktop, web, Android, iOS) Myfxbook (social trading platform) Signals (copy trading service) |
| NSFX | MetaTrader 4 (desktop, web, Android, iOS) JForex (desktop, web, Android, iOS) |
Axi vs NSFX Analytical Tools Comparison
| Broker | Analytical Tools |
|---|---|
| Axi | Economic calendar Market news Technical analysis Trading guides Webinars |
| NSFX | Economic calendar Market news Technical analysis Trading academy Webinars |
Both brokers provide analytical tools to help traders make informed decisions and improve their skills. These include economic calendars, market news, technical analysis, trading guides and webinars. NSFX also has a trading academy that offers courses and videos on various topics related to forex trading.
Axi vs NSFX. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as different brokers may suit different traders depending on their preferences, goals, strategies and risk appetite. However, here are some possible factors to consider:
- Axi has lower spreads and commissions than NSFX on comparable account types, which may appeal to traders who want to save on trading costs.
- Axi has higher leverage ratios than NSFX, which may appeal to traders who want to amplify their profits or losses, but also entails higher risks.
- Axi has lower minimum deposit requirements than NSFX, which may appeal to traders who have limited capital or want to start small.
- NSFX has fixed spread accounts as an option for traders who prefer stability and predictability over lower costs.
- NSFX offers JForex as an alternative trading platform to MetaTrader 4, which may appeal to traders who want to experience exceptional execution, ECN technology and tight spreads.
- Both brokers offer Islamic and demo accounts as options for their clients, which may appeal to traders who follow Sharia law or want to practice before trading with real money.
- Both brokers offer analytical tools to help traders make informed decisions and improve their skills, such as economic calendars, market news, technical analysis, trading guides and webinars.
