Compare Axi vs Weltrade
What is Axi? What is Weltrade?
Axi is a global online broker that offers trading platforms for share CFDs, forex, crypto, gold and more. It has over 60,000 clients in over 100 countries and is regulated by ASIC, FCA and DFSA.
Weltrade is an international forex broker that provides trading services for forex, metals, indices, commodities, cryptocurrencies and more. It has over 500,000 clients from 18 countries and is regulated by IFSC.
Axi vs Weltrade Regulation Comparison
Axi is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK and the Dubai Financial Services Authority (DFSA) in the UAE.
Weltrade is regulated by the International Financial Services Commission (IFSC) of Belize.
Axi vs Weltrade Trading Assets Comparison
Axi offers over 70 FX currency pairs, 80+ share CFDs, 14 indices, 4 metals, 2 commodities and 5 cryptocurrencies.
Weltrade offers over 50 FX currency pairs, 4 metals, 11 indices, 2 commodities and 40+ cryptocurrencies.
Axi vs Weltrade Trading Fees Comparison
Axi has no brokerage fees on standard accounts and zero commission on deposits and withdrawals. It offers competitive spreads from 0.0 pips and leverage up to 500:1.
Weltrade has no commission on standard accounts and charges a small fee on deposits and withdrawals depending on the payment method. It offers variable spreads from 0.5 pips and leverage up to 1000:1.
Axi vs Weltrade Account Types Comparison
Axi offers two main account types: Standard and Pro. The Standard account has no commission and higher spreads, while the Pro account has lower spreads and a commission of $7 per round turn lot. Both accounts have a minimum deposit of $0 and support MT4 platform.
Weltrade offers five account types: Micro, Premium, Pro, ZuluTrade and Crypto. The Micro account has a minimum deposit of $25 and supports micro lots trading. The Premium account has a minimum deposit of $200 and offers lower spreads than the Micro account. The Pro account has a minimum deposit of $500 and offers ECN trading with a commission of $8 per round turn lot. The ZuluTrade account has a minimum deposit of $200 and allows social trading with ZuluTrade platform. The Crypto account has a minimum deposit of $50 and offers trading on cryptocurrencies with leverage up to 1:3.
Axi vs Weltrade Deposit Options Comparison
Axi supports various deposit and withdrawal options, including bank wire transfer, credit/debit cards, Skrill, Neteller, BPAY, POLi, FasaPay, UnionPay, Ngan Luong and broker-to-broker transfer. Axi does not charge any fees for deposits or withdrawals.
Weltrade supports various deposit and withdrawal options, including bank wire transfer, credit/debit cards, Skrill, Neteller, Perfect Money, WebMoney, FasaPay, Bitcoin and more. Weltrade charges a small fee for deposits or withdrawals depending on the payment method.
Axi vs Weltrade Trading Platforms Comparison
Axi supports MetaTrader 4 (MT4) as its main trading platform. MT4 is a popular and user-friendly platform that offers various features such as charting tools, indicators, expert advisors (EAs), signals and more. Axi also provides access to Autochartist, a tool that scans the market for trade opportunities based on your preferences.
Weltrade supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as its main trading platforms. MT4 and MT5 are both powerful and versatile platforms that offer various features such as charting tools, indicators, expert advisors (EAs), signals and more. Weltrade also provides access to ZuluTrade, a social trading platform that allows you to copy trades from other traders.
Axi vs Weltrade Analytical Tools Comparison
Axi provides various analytical tools to help traders improve their trading performance, such as market news, economic calendar, trading calculators, trading education and coaching.
Weltrade provides various analytical tools to help traders improve their trading performance, such as market news, economic calendar, trading signals, trading education and contests.
Axi vs Weltrade. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. Both Axi and Weltrade have their own pros and cons, so consider carefully before deciding.
Some factors that you may want to consider are:
- Regulation: Axi is regulated by more reputable authorities than Weltrade, which may give you more confidence and protection as a trader.
- Trading assets: Axi offers more trading assets than Weltrade, which may give you more opportunities and diversification in the market.
- Trading fees: Axi and Weltrade have different fee structures, so you should compare their spreads, commissions and other charges to see which one suits your budget and trading frequency.
- Account types: Axi and Weltrade offer different account types, so you should choose the one that matches your trading needs and preferences. For example, if you want to trade with micro lots, you may prefer Weltrade’s Micro account. If you want to trade with lower spreads and commission, you may prefer Axi’s Pro account.
- Trading platforms: Axi and Weltrade support MT4 as their main trading platform, but Weltrade also supports MT5 and ZuluTrade. You should choose the platform that you are comfortable with and that offers the features and tools that you need.
- Analytical tools: Axi and Weltrade provide various analytical tools to help you with your trading, such as market news, economic calendar, signals, education and more. You should choose the broker that offers the tools that you find useful and relevant.
Ultimately, the best way to compare Axi and Weltrade is to try it out for yourself. You can open a free demo account with each broker and test their services and platforms without risking any real money. This way you can get a feel for how they work and see which one meets your expectations.
