Written by ForexBrokers.com
In this head to head comparison of Axi vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Axi and Alpari are seasoned players in the online brokerage world, with Axi established in 2007 and Alpari in 1998. Neither broker is publicly traded or operates as a bank, making regulatory oversight a vital consideration for traders. Axi shines in this regard, holding two Tier-1 licenses known for their high trust level and one Tier-2 license, all contributing to its "trusted" Trust Score of 82 as rated by ForexBrokers.com.
In contrast, Alpari does not hold any Tier-1 or Tier-2 licenses, which can impact its regulatory standing. Its Trust Score is 68, placing it in the "high risk" category according to ForexBrokers.com. This makes Axi a more attractive option for traders who prioritize regulatory compliance and trust in their online broker.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Year Founded | 2007 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers Axi and Alpari, both platforms provide competitive offerings. Although specific average spread data isn't available for either broker, both have earned a respectable rating of 4 stars in the commissions and fees category. This reflects their ability to offer reasonable costs for traders looking to maximize their investments.
Axi is ranked #44 out of 62 brokers by ForexBrokers.com for its commissions and fees. This ranking indicates that while Axi is competitive, there are other brokers with slightly better fee structures. Nevertheless, Axi's solid rating suggests that it remains a viable option for traders who value other aspects of its service alongside its fees.
In comparison, Alpari is ranked slightly higher at #41 out of 62 brokers for the same category. This closer position to the top demonstrates that, while both brokers share the same star rating, Alpari might have a slight edge in overall cost-effectiveness according to ForexBrokers.com rankings. Traders considering cost as a primary factor might lean towards Alpari, yet both brokers present strong choices in terms of commissions and fees.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Axi and Alpari for their range of investments, both online brokers provide forex trading through CFDs or spot contracts. Axi offers a broader selection with 175 tradeable symbols, including 65 forex pairs, compared to Alpari’s 105 tradeable symbols and 46 forex pairs. Neither broker provides access to exchange-traded securities on U.S. markets, so buying shares in companies like Apple isn't an option through these platforms. However, Alpari stands out with the ability to invest in international exchange-traded securities, allowing users to purchase shares such as Vodafone on the London Stock Exchange, a feature Axi lacks. Both brokers support copy trading and allow trading of cryptocurrency derivatives, but neither offers the ability to buy actual cryptocurrency.
In terms of ratings for the range of investments, Axi garners a slight edge with a 3.5 out of 5-star rating, while Alpari follows with a 3-star rating. Furthermore, out of 62 brokers ranked by ForexBrokers.com, Axi stands at #55, with Alpari trailing at #62. Overall, Axi's larger selection of tradeable symbols and forex pairs gives it a slight advantage in investment variety over Alpari, despite its limitations in international securities.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 105 |
| Forex Pairs (Total) | 65 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of Axi and Alpari, both brokers offer users the ability to practice with simulated demo accounts. Axi does not have a proprietary platform but provides the popular MetaTrader 4 and supports ZuluTrade. Meanwhile, Alpari distinguishes itself by offering a proprietary platform and supporting both MetaTrader 4 and MetaTrader 5, but lacks ZuluTrade integration. Both brokers provide options for Windows-based desktop platforms and web-based platforms, alongside features such as copy trading and the ability to trade directly from stock charts.
Axi and Alpari both offer 15 drawing tools for charting and allow watch lists with seven customizable columns. Despite these similarities, Alpari edges out with a higher rating of 4 stars for its trading platforms and tools, compared to Axi’s 3.5 stars. Additionally, Alpari is ranked 55th out of 62 brokers by ForexBrokers.com, outperforming Axi, which is placed at the bottom of the list. This suggests that while both brokers provide efficient tools, Alpari's inclusion of MetaTrader 5 and a proprietary platform might offer a more comprehensive trading experience for users.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Axi and Alpari provide mobile trading options for Android and iPhone users, making them accessible no matter your device preference. They share several features, such as offering price alerts for stocks and forex, but neither provides the syncing capability between mobile app watchlists and online accounts. For charting, both apps support 30 technical studies and allow you to draw trendlines and adjust to various time frames, such as daily or intraday, although neither app will automatically save these drawings.
When it comes to creating watchlists with real-time quotes, both apps give you this capability, although their overall user experience varies slightly. Alpari edges out Axi with a slightly higher user rating of 4 stars compared to Axi's 3.5 stars. In rankings by ForexBrokers.com, Alpari also takes the lead, positioned at #56 out of 62 brokers for mobile trading apps, while Axi comes in at #59. Whether you're prioritizing ease of use or feature availability, these differences might determine which app suits your trading style better.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Axi and Alpari provide a similar range of offerings with a few differences. Both brokers offer forex news sourced from top-tier providers such as Bloomberg, Reuters, or Dow Jones. They also include technical analysis and research tools from Autochartist, as well as economic calendars to keep traders informed of global news and events. However, neither provides daily market commentary, tools from Trading Central, or market research from Company TipRanks or Acuity Trading. A distinguishing feature is that Axi includes a sentiment-based trading tool that provides insights on the ratio of long or short positions among currency pairs, which Alpari does not have.
In terms of overall ratings, both brokers are on par with a three-star rating for their research capabilities, according to ForexBrokers.com. Despite their identical scores, Axi slightly outranks Alpari, coming in at 55th, compared to Alpari's 57th position, out of a field of 62 brokers. These rankings indicate that while both brokers offer valuable tools and information for traders, there is room for improvement in the comprehensiveness and range of their research features.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Axi and Alpari provide solid platforms to learn about forex and CFDs trading. Axi offers more than 10 pieces of educational materials that include articles, videos, and webinars focused on forex and CFDs, setting a good foundation for novice traders. Alpari matches this offering, also providing a variety of learning materials on the same topics. Both brokers feature beginner-specific educational videos, making them accessible for those just starting out in the trading world. Additionally, traders from either platform have access to an investor dictionary equipped with definitions of over 50 trading terms, providing a handy reference for anyone new to investment jargon.
However, a key point of difference between the two brokers is the availability of online educational webinars. Axi holds the edge by hosting at least one webinar every month, offering an interactive way for clients to deepen their understanding. Alpari, on the other hand, does not offer this service. Despite these differences, neither broker maintains a searchable archive for recorded webinars, and both lack advanced educational videos for seasoned traders. In terms of education, both brokers are rated three out of five stars. However, Axi stands out with a higher ranking in the Education category by ForexBrokers.com, coming in at #26 out of 62 brokers, compared to Alpari’s #48 ranking. This suggests Axi might be preferable for those who value ongoing interactive learning.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Axi is better than Alpari. Axi finished with an overall rank of #49, while Alpari finished with an overall rank of #57.
Axi, previously known as AxiTrader, is an evolving brand regulated in Australia, the UK, and the UAE. With just the MetaTrader platform available and a limited range of investment products, Axi lags behind the best multi-asset brokers.
| Feature |
Axi
|
Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 68 |
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Both Axi and Alpari do not offer the ability to buy actual delivered cryptocurrencies, but they both provide options to purchase cryptocurrency derivatives.
Both Axi and Alpari provide options to deposit or withdraw account funds via Skrill, Visa or Mastercard, and bank wires, but neither supports ACH, SEPA, or PayPal transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Axi | Alpari | |
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| Trust Score | 82 | 68 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | Alpari | |
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| Regulation | Axi | Alpari | |
|---|---|---|---|
| Trust Score | 82 | 68 | |
| Year Founded | 2007 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Axi | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Axi | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 105 | |
| Forex Pairs (Total) | 65 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Axi | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Axi | Alpari | |
|---|---|---|---|
| Minimum Deposit | $0 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Axi | Alpari | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Axi | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Axi | Alpari | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Axi | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Axi | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | Axi | Alpari | |
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| Trust Score | 82 | 68 | |
| Winner | check_circle | ||
| Review |
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