Compare Axi vs WorldForex
What is Axi? What is WorldForex?
Axi is an Australian-based forex broker that offers ECN-style tight spreads, fast execution, award-winning customer service and a range of CFD products including cryptocurrencies. Axi uses the MetaTrader 4 platform and has two account types: Standard and Pro. Axi is regulated by ASIC, FCA and DFSA.
WorldForex is a Belize-based forex broker that offers fixed spreads, low minimum deposit, flexible leverage and a variety of trading platforms including MetaTrader 4, WebTrader and MobileTrader. WorldForex has four account types: Micro, Mini, Standard and ECN. WorldForex is regulated by IFSC.
Axi vs WorldForex Regulation Comparison
| Broker | Regulator | License Number | Compensation Scheme |
|---|---|---|---|
| Axi | ASIC (Australia) | AFSL 318232 | No |
| FCA (UK) | FRN 509746 | FSCS up to £85,000 | |
| DFSA (Dubai) | F004432 | No | |
| WorldForex | IFSC (Belize) | IFSC/60/413/TS/19 | No |
Axi vs WorldForex Trading Assets Comparison
| Broker | Currency Pairs | Indices | Metals | Energy | Crypto | Commodities |
|---|---|---|---|---|---|---|
| Axi | 140+ | 11 | 4 | 5 | 6 | 2 |
| WorldForex | 50+ | 15+ | 4+ | 3+ | 10+ | 10+ |
Axi vs WorldForex Trading Fees Comparison
| Broker | Account Type | Spread Type | Average EUR/USD Spread | Commission per Lot | Swap Long |
|---|---|---|---|---|---|
| Axi | Standard | Variable | 1.4 pips | $0 USD | -0.7 pips |
| Pro | Variable + Commission | 0.0 pips + $7 USD RTT | -0.7 pips | ||
| WorldForex | Micro/Mini/Standard/ECN | Fixed + Commission | 2 pips + $10 USD RTT | -1 pips |
Axi vs WorldForex Account Types Comparison
| Broker | Account Type | Minimum Deposit | Maximum Leverage | Trading Platform | Execution Type |
|---|---|---|---|---|---|
| Axi | Standard | $0 USD | 1:500 | MT4 | Market |
| Pro | $0 USD | 1:500 | MT4 | Market | |
| WorldForex | Micro | $1 USD | 1:1000 | MT4/WebTrader/MobileTrader | Instant |
| Mini | $100 USD | 1:1000 | MT4/WebTrader/MobileTrader | Instant | |
| Standard | $500 USD | 1:1000 | MT4/WebTrader/MobileTrader | Instant | |
| ECN | $1000 USD | 1:500 | MT4/WebTrader/MobileTrader | Market |
Axi vs WorldForex Deposit Options Comparison
| Broker | Deposit Options | Deposit Fees | Withdrawal Options | Withdrawal Fees |
|---|---|---|---|---|
| Axi | Bank Transfer, Credit Card, Skrill, Neteller, BPAY, POLi, FasaPay, UnionPay, NganLuong.vn, Broker to Broker Transfer, Global Collect (Vietnam) Local Bank Transfers | None | Bank Transfer, Credit Card, Skrill, Neteller, BPAY, POLi, FasaPay, UnionPay | None |
| WorldForex | Bank Transfer, Credit Card, Skrill, Neteller, WebMoney | None | Bank Transfer, Credit Card, Skrill, Neteller | None |
Axi vs WorldForex Trading Platforms Comparison
| Broker | Trading Platform | Features |
|---|---|---|
| Axi | MT4 (Desktop/Mobile/Web) | One-click trading Trailing stop Pending orders Automated trading Custom indicators Expert advisors Charting tools News feed Economic calendar |
| WorldForex | MT4 (Desktop/Mobile) WebTrader MobileTrader | One-click trading Trailing stop Pending orders Automated trading Custom indicators Expert advisors Charting tools News feed Economic calendar Social trading |
Axi vs WorldForex Analytical Tools Comparison
| Broker | Analytical Tool | Features |
|---|---|---|
| Axi | PsyQuation Premium | AI-driven analytics Behavioural profiling Risk management Trade alerts Performance improvement |
| MT4 NexGen | Sentiment trading Correlation trader Alarm manager Session map Market news | |
| Autochartist | Market scanner Technical analysis Pattern recognition Volatility analysis Performance statistics | |
| Trading Calculators | Pip value calculator Margin calculator Profit/loss calculator Swap calculator | |
| WorldForex | Economic Calendar | Market events Time zone filter Impact level filter Currency filter |
| Trading Signals | Technical analysis Entry/exit points Stop loss/take profit levels Risk/reward ratio |
Axi vs WorldForex. Which forex broker is better? Which forex broker should you choose?
There is no definite answer as to which forex broker is better or which one you should choose, as different brokers can suit different traders depending on their style. transactions, their preferences, goals and risk appetite. However, you can consider some advantages and disadvantages of Axi and WorldForex:
Axi advantages:
- More regulators and compensation schemes
- Lower spreads and commissions
- Higher leverage for pro account
- More currency pairs and crypto CFDs
- No minimum deposit requirement
- No restrictions on credit card withdrawals
- Web version of MT4 platform
- Enhanced version of MT4 platform with additional features
- More analytical tools with AI-driven analytics, sentiment trading and market scanner
Axi disadvantages:
- Fewer indices and commodities CFDs
- Commission for pro account
- No social trading features
WorldForex advantages:
- Fixed spreads
- Low minimum deposit requirement
- Higher leverage for micro, mini and standard accounts
- More indices and commodities CFDs
- WebTrader and MobileTrader platforms as alternatives to MT4
- Social trading features on MobileTrader app
WorldForex disadvantages:
- Fewer regulators and no compensation scheme
- Higher spreads and commissions
- Lower leverage for ECN account
- Fewer currency pairs and crypto CFDs
- Time limit for credit card and WebMoney withdrawals
- No web version of MT4 platform
- Basic analytical tools with only economic calendar and trading signals
Ultimately, choosing a forex broker depends on your personal preferences and needs. You should consider various factors like regulations, fees, assets, platforms, tools, customer service, and reputation before making a decision.
