FBS and AxiTrader are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. FBS is regulated by 4 regulatory authorities , including the Cysec, ASIC, FSC-Belize. On the other hand, 5 regulatory authorities, including the ASIC, SVG, FSA, DFSA, FCA. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare FBS with AxiTrader regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if FBS is better than AxiTrader. This comparison lets you understand which broker is better for your trading style and preferences.
FBS vs AxiTrader: In a Nutshell
FBS
Established in 2009, FBS is one of the leading forex and CFD brokers, offering online trading services worldwide. It is a global brand with headquarters in Belize and regional offices in Cyprus and the Marshall Islands. FBS provides opportunities for trading forex, stocks, metals, energies, and indices. It has about 17 million clients and over 60 prestigious awards for excellent services. FBS.eu offers low spreads and split-second executions without requotes. FBS is one of the highest leverage forex brokers, with leverage up to 1:3000 for its global clients. The broker’s spreads start from 0.7 pips. To know more, you can read our review on FBS.
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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
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FBS vs: AxiTrader Features
FBS
- Trading Instruments: Forex, Stock, Indices, Crypto, Metals, Energies, Forex Exotic.
- Maximum leverage: 1:3000
- Minimum Deposit: $5
- Account Types: Three ( Standard, Cent, Pro)
- Trading Fees: Spread starting from 1 pip for Standard Account and Cent Account
- PAMM/ MAM: Not available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
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
FBS vs AxiTrader: Pros and Cons
FBS
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AxiTrader
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FBS vs AxiTrader: Side-by-Side Comparison
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FBS Vs AxiTrader: Our Scores and Ratings
We rated both brokers, FBS and AxiTrader, 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.
FBS :
AxiTrader
Final Verdict
FBS and AxiTrader 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 FBS is $5, whereas the minimum deposit for AxiTrader is $0. Additionally, the maximum leverage for FBS is 1:3000. In contrast, the maximum leverage for AxiTrader is 1:400. FBS offers passive investment programs like MAM and PAMM, while AxiTrader does not have any passive investment programs.
Our score for FBS is 8.8, and for AxiTrader, it is 9 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose FBS. However, if you prefer another forex brokers that offer similar services, you may choose AxiTrader.
