AxiTrader vs XTB Compared 2024

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AxiTrader and XTB are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. AxiTrader is regulated by 5 regulatory authorities, including the ASIC, SVG, FSA, DFSA, FCA. On the other hand, XTB is regulated by 10 regulatory authorities, including FCA, CySEC, CNMV, KNF, FSC(Belize). These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.

In this article, we will compare AxiTrader with XTB regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if AxiTrader is better than AxiTrader. This comparison lets you understand which broker is better for your trading style and preferences.

AxiTrader vs XTB: In a Nutshell

AxiTrader

Founded in Sydney, Australia in 2007 by traders, Axi has grown into a global brand with 60,000 clients from over 100 countries. More than 220 forex and CFDs can be traded on its MT4 platform. The Axi Trading platform will soon be available for real trading. Tools like Autochartist and MT4 NextGen are provided while the Axi Copy Trading app is for social trading. To learn more, you can read our review of AXI

AxiTrader At a Glance

AxiTrader At a Glance
  • Founded In: 2007
  • Founder: Rajesh Yohannan 
  • Headquarters: Sydney, Australia
  • Trading Instruments: 220+ trading instruments including forex, cryptocurrencies, shares, commodities, indices. 
  • Minimum Deposit: $0 for standard and pro accounts, 25,000 for Elite account. 
  • Maximum Leverage: upto 1:500
  • Regulations: ASIC, FCA,  SVG, FSA, DFSA,
  • Trading Fees: spread starting from 0.9 pips for standard account, $7 per lot for pro account, $3.5 per lot for Elite account
  • Trading platform: MT4, MT4 Webtrader, Axi trading platforms, Copy Trading Apps. 
  • Account Types:  Standard, Pro Account, and Elite Account
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, GlobalCollect, JCB, Maestro, Neteller, Ngan Luong, Payment Asia, Poli, Skrill, UnionPay
  • Funding Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
  • US Clients : Not Accepted

XTB

Founded in 2002, XTB is an exchange-listed forex and CFD broker with headquarters in Poland and offices in over 13 countries. The broker offers more than 5,800 forex, CFDs as well as real stocks and ETFs for trading on its proprietary platforms. XTB boasts of over 800,000 clients from all over the world. However, the broker offers only the xStation platform. The broker also offers real stocks with 0% commissions.  To learn more, you can read our review on XTB

XTB Overview

XTB Overview
  • Founded In: 2002
  • Founder: Jakub Zablocki
  • Locations: UK, Cyprus, Belize, Poland.
  • Minimum Deposit: $0
  • Maximum Leverage: 1:500
  • Regulations:CySEC, FCA , KNF , IFSC
  • Trading platform:xStation 5 , xStation Mobile
  • Account Types: Standard, Pro, Islamic
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Neteller, Paysafe, SafetyPay, Skrill
  • US Traders: Not Accept

AxiTrader vs: XTB Features

AxiTrader

  • Trading Instruments: 220+Trading instruments including Forex, shares, IPOs, Indices, commodities, cryptocurrencies
  • Maximum leverage: 500:1, However, AXI  offers 1000:1 leverage in some countries 
  • Minimum Deposit: No Minimum Deposit. 
  • Account Types: Three ( Standard, Pro, Elite Account) 
  • Trading Fees: spread starting from 0.9 pips for the standard account, $7 per lot for the pro account, $3.5 per lot for the Elite account 
  • PAMM/ MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

XTB:

  • Trading Instruments: 5800+Trading instruments including Real stocks, ETFs, CFDs on forex, CFDs on Indices, CFDs on Commodities
  • Maximum leverage: The maximum leverage of XTB is as high as 500:1. Leverage may vary based on jurisdiction and tradable assets. For example, for CySEC jurisdiction the maximum leverage is 30:1. 
  • Minimum Deposit: No Minimum Deposit. You may deposit as low as possible.  
  • Account Types: Two ( Stocks &ETFS, and CFD Instruments) 
  • Trading Fees: The fees of CFD instruments start from as low as 0.5 pips spread. 0% commission on Stock Accounts
  • PAMM/ MAM: No
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

AxiTrader vs XTB: Pros and Cons

AxiTrader

Pros
  • A global broker since 2007.
  • Regulated by FCA, ASIC, DFSA, and FMA.
  • Serves over 60,000 customers in 100+ countries.
  • No deposit and withdrawal fees.
  • The minimum deposit is as low as $1.
  • Allows scalping, EA trading, and news trading.
  • Offers passive investment programs like MAM, PAMM, and Zulutrade.
  • Maximum leverage is as high as 400:1.
  • Offers a wide range of trading instruments including forex, metals, indices, commodities, and cryptocurrencies.
  • Spread betting is available for the UK market.
  • Spreads are low and start from 0 pips.
  • Easy and digital account opening process.
  • AutoChartist, MetaTrader 4 NextGen, and PsyQuation are offered.
  • Signal providers and free VPS are offered (conditions apply)
Cons
  • Not regulated by CySEC, a leading regulator for EU countries.
  • The demo account expires after 30 days.
  • The broker does not offer more advanced platforms like MT5 and cTrader; only MT4 is available.
  • The commission is $7 for the pro account, which is a bit high compared to competitors.
  • Only forex and CFDs are offered; no real tradable assets are available

XTB

Pros
  • Regulated by  FCA, FSC, KNF, DDM-M, DNMV,
  • The Minimum deposit is as low as $1
  • The Maximum Leverage is as high as 1:500
  • Allows scalping, EA/Robot Trading, News Trading 
  • Trade stocks, ETFs, indices, commodities, cryptocurrencies, and forex
  • 0% commission on stock and ETF trading (only applicable to some EU countries)
  • Traders  can enjoy commission-free trading with spreads as low as 0.25 pips
Cons
  • XTB does not offer  cTrader, MT4/MT5, or Ninja Trader which are the most popular platforms in the world 
  • No passive investment programme ( PAMM, MAM Accounts) 
  • Withdrawal fees for transfers below $100 or €200
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
  • Complex trading platform for a beginner
  • CFDs only – so traders do not own the underlying asset

AxiTrader vs XTB: Side-by-Side Comparison

AxiTrader
XTB
Product
Product
AxiTrader
XTB
Founded In
Founded In
2007
2002
Founded By
Founded By
Rajesh Yohannan
Jakub Zablocki
Headquarters
Headquarters
Sydney, Australia
Belize City, Belize
Regulations
Regulations
ASIC, FCA, SVG, FSA, DFSA
FCA, CySEC, CNMV, KNF, FSC(Belize)
Min Deposit
Min Deposit
$0 for standard and pro accounts, 25,000 for Elite account.
None
Max Leverage
Max Leverage
400:1
1:500
Tradable Assets
Tradable Assets
220+ trading instruments including forex, cryptocurrencies, shares, commodities, indices.
Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs
Fees
Fees
Spread starting from 0.9 pips or commission from $3.5 to $7
Spread from 0.9 pips
Platforms and Tools
Platforms and Tools
MT4, MT4 Webtrader, Axi trading platforms, Copy Trading Apps.
xStation 5 , xStation Mobile
US Traders
US Traders
Not Allowed
Not Allowed

AxiTrader Vs XTB: Our Scores and Ratings

We rated both brokers, AxiTrader and XTB, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

AxiTrader :

8.7
Total Score
Regulation and Security (40%)9.2
Fees and Commissions (20%)9
Trading (15%)7.5
Trading tools (10%)7.4
Customer Support (10%)9.4
Trading Education (5%)9

XTB:

8.8
AxiTrader Scores
Regulation and Security (40%)9.8
Fees and Commissions (20%)7.5
Trading (15%)8
Trading tools (10%)8.6
Customer Support (10%)9
Trading Education (5%)8

Final Verdict :

AxiTrader and XTB are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. The minimum order size for both of them is 0.01. 

However, there are a few areas where you may find some differences. For example, the minimum deposit for AxiTrader is $0 , whereas the minimum deposit for XTB is $0. Additionally, the maximum leverage for AxiTrader is 1:400. In contrast, the maximum leverage for XTB is 500:1. AxiTrader offers passive investment programs like MAM and PAMM, while XTB does not have any passive investment programs.

Our score for AxiTrader is 8.7, and for XTB, it is 8.8 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose AxiTrader. However, if you prefer another forex brokers that offer similar services, you may choose XTB.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

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