FXTM 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. FXTM is regulated by 5 regulatory authorities , including the CySEC, CMA, FCA, FSCA, FSC-Mauritius. 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 FXTM with AxiTrader regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if FXTM is better than AxiTrader. This comparison lets you understand which broker is better for your trading style and preferences.
FXTM vs AxiTrader: In a Nutshell
FXTM
Founded in 2011, FXTM is a forex and CFD broker that offers online trading services globally. The broker is regulated by multiple regulatory authorities including ASIC, IIROC, FFAJ, MFSA, MAS, FCA, CFTC, NFA, BVI FSC. The broker has 10000+ trading instruments including forex, CFDs, Stocks, Commodities like gold, silver, and oil, and cryptocurrencies like Bitcoin, Litecoin, and Ethereum. The broker offers most popular trading platforms like MT4 and MT5. FXTM serves clients from over 150 countries and has over 45 industry awards for excellent services. To learn more, read our review about FXTM.
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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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FXTM vs: AxiTrader Features
FXTM
- 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
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
FXTM vs AxiTrader: Pros and Cons
FXTM Pros & Cons
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AxiTrader Pros & Cons
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FXTM vs AxiTrader: Side-by-Side Comparison
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FXTM Vs AxiTrader: Our Scores and Ratings
We rated both brokers, FXTM 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.
FXTM :
AxiTrader
Final Verdict :
FXTM 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 FXTM is $10 ( $200 recommended) $/€/£ 200), whereas the minimum deposit for AxiTrader is $0. Additionally, the maximum leverage for FXTM is 1:3000. In contrast, the maximum leverage for AxiTrader is 1:400. FXTM offers passive investment programs like MAM and PAMM, while AxiTrader does not have any passive investment programs.
Our score for FXTM is 8.6, and for AxiTrader, it is 8.7 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose FXTM. However, if you prefer another forex brokers that offer similar services, you may choose AxiTrader.
