Written by ForexBrokers.com
In this head to head comparison of DooPrime vs Axi, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
DooPrime and Axi are both reputable choices for those looking to venture into online trading. Founded in 2014, DooPrime holds four Tier-1 licenses, indicating a strong degree of trust and reliability. It is not publicly traded and does not operate as a bank. With a Trust Score of 83 out of 99 according to ForexBrokers.com, it falls within the trusted category, showcasing its solid regulatory standing.
Axi, established in 2007, also operates as a private broker without any banking operations. It possesses two Tier-1 licenses and one Tier-2 license, highlighting its commitment to maintaining trust and regulatory compliance. Axi holds a Trust Score of 82 on ForexBrokers.com, placing it alongside DooPrime in the trusted category. Both brokers provide dependable platforms with similar regulatory backing, though DooPrime slightly edges out in terms of Tier-1 regulatory credentials.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Year Founded | 2014 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing online brokers DooPrime and Axi based on their commissions and fees, Axi stands out as the stronger contender. While detailed average spread data is unavailable for both brokers, Axi receives a better overall assessment in this category. With a rating of 4 out of 5 stars, Axi demonstrates a relative advantage in keeping trading costs competitive for its users.
In contrast, DooPrime ranks lower, garnering a rating of 3 out of 5 stars for its commissions and fees. This suggests that users might find the costs associated with trading on DooPrime slightly less appealing compared to Axi. The difference in ratings reflects the brokers' commitment to user-friendly pricing structures and competitive fees.
According to ForexBrokers.com, Axi is ranked 44th out of 62 brokers in the Commissions and Fees category. Meanwhile, DooPrime holds the 58th position in the same ranking. These rankings further underscore Axi's stronger performance in providing traders with cost-effective trading conditions compared to DooPrime.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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 DooPrime and Axi for their range of investments, both platforms offer extensive forex trading options as CFDs or spot contracts. DooPrime provides access to an impressive 10,000 tradeable symbols, including 60 forex pairs, making it a strong choice for those looking at broad market access. Axi, on the other hand, offers 175 tradeable symbols with a slightly larger range of 65 forex pairs. DooPrime also allows clients to invest in exchange-traded securities on both U.S. and international exchanges, unlike Axi, which does not offer such options. Both platforms support copy trading, although neither facilitates the purchase of actual or derivative cryptocurrencies.
In terms of ratings and rankings for the range of investments, DooPrime outshines Axi significantly. With a five-star rating and a rank of #12 out of 62 brokers by ForexBrokers.com, DooPrime offers a more diversified array of investment opportunities. Meanwhile, Axi holds a 3.5-star rating and is ranked at #55, suggesting that while it provides solid forex trading options, it may not match DooPrime's breadth in other investment areas. For investors seeking a wide range of investment vehicles, DooPrime may provide a more comprehensive solution.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 175 |
| Forex Pairs (Total) | 60 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | 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 DooPrime and Axi for their trading platforms and tools, both brokers can cater to diverse trading preferences, offering simulated trading through free virtual demo accounts. DooPrime stands out with its proprietary platform developed in-house, which Axi lacks. For traders who rely on popular platforms, both brokers support MetaTrader 4; however, DooPrime takes a step further by also offering MetaTrader 5, a feature that Axi does not provide. While both brokers have Windows-based desktop and web-based trading platforms, Axi adds an extra layer with ZuluTrade for those interested in social trading, a service that DooPrime does not offer.
Regarding charting capabilities, both brokers provide an equal number of drawing tools, with 15 options available, and the ability to trade directly from a stock chart. Their watch lists can display up to 7 columns to help traders stay informed about market movements. However, in terms of ratings and rankings, DooPrime slightly edges out Axi, receiving 4 stars for its trading platforms and tools compared to Axi's 3.5 stars. According to ForexBrokers.com, DooPrime also ranks higher, positioned at #25 among 62 brokers, while Axi finds itself at the lower end of the scale at #62. Overall, both platforms cater well to traders, but DooPrime offers a broader range of features for those seeking a bit more flexibility and choice.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| 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.
When looking at the mobile trading apps of DooPrime and Axi, both platforms provide versions for iPhone and Android users, and each offers stock and forex price alerts to keep you informed on the go. Both apps allow you to view stock and forex charts with varying time frames, from daily to intraday, and include 30 technical studies to aid in your analysis. Users can draw trendlines on their charts with both apps; however, only DooPrime's app auto-saves these drawings, adding a layer of convenience for users who track multiple stocks over time.
For those interested in real-time market tracking, both DooPrime and Axi allow the creation of watchlists with real-time quotes. While neither app syncs watchlist symbols with the client's online account, having quick access to up-to-date market information is a plus. DooPrime's app earns a slightly higher rating from users, with a four-star rating compared to Axi's 3.5 stars. Additionally, DooPrime ranks higher at #24 in ForexBrokers.com's Mobile Trading Apps category out of 62 brokers, while Axi sits at #59. This makes DooPrime a slightly more favorable choice for traders seeking a mobile-friendly platform.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| 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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing DooPrime and Axi for their market research offerings, DooPrime stands out with its daily market commentary, a feature not offered by Axi. Both brokers provide forex news from reputable sources such as Bloomberg and Reuters, ensuring that traders have access to crucial market information. However, Axi excels in offering Autochartist tools for technical and fundamental analysis, which DooPrime lacks. In contrast, DooPrime offers technical analysis tools from Trading Central, a feature missing in Axi's toolkit. While Axi provides a sentiment-based trading tool to gauge market positions, neither broker offers research tools from TipRanks or Acuity Trading.
Both DooPrime and Axi include an economic calendar that helps traders keep track of global news events and their potential market impacts. DooPrime receives a higher research rating of four stars compared to Axi's three stars, reflecting its broader range of features. In terms of industry ranking by ForexBrokers.com, DooPrime is placed at #29 out of 62 brokers for research, significantly ahead of Axi, which is ranked at #55. Overall, DooPrime appears to offer a more comprehensive research suite for traders seeking detailed market insights.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners offered by online brokers DooPrime and Axi, both provide a solid starting point with over ten educational pieces focused on forex and CFDs. However, Axi takes a step further by hosting monthly educational webinars, although neither broker maintains a searchable archive of recorded sessions. For video learning, both DooPrime and Axi produce beginner-friendly content, with DooPrime also providing advanced material for more seasoned traders, whereas Axi doesn’t offer the same depth on advanced topics.
In terms of additional resources, Axi stands out by offering a comprehensive investor dictionary with over 50 investing terms, which can be particularly useful for beginners trying to grasp key concepts. Despite this, DooPrime receives a higher education rating with four stars compared to Axi's three stars. Rankings by ForexBrokers.com place DooPrime at #24 out of 62 brokers and Axi slightly lower at #26, highlighting DooPrime's overall edge in educational offerings.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that DooPrime is better than Axi. DooPrime finished with an overall rank of #28, while Axi finished with an overall rank of #49.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
|
Axi
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 83 | 82 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing DooPrime and Axi in terms of cryptocurrency trading, neither broker offers the ability to purchase actual delivered cryptocurrencies, but Axi provides the option to trade cryptocurrency derivatives, whereas DooPrime does not.
While both DooPrime and Axi support Skrill, Visa/Mastercard, and bank wires for deposits and withdrawals, DooPrime additionally offers PayPal, setting it apart from Axi which does not, and neither broker supports ACH or SEPA transfers.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | DooPrime | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review |
| Broker Screenshots | DooPrime | Axi | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | DooPrime | Axi | |
|---|---|---|---|
| Trust Score | 83 | 82 | |
| Year Founded | 2014 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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) | DooPrime | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 175 | |
| Forex Pairs (Total) | 60 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | 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 | DooPrime | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | Axi | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | DooPrime | Axi | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | DooPrime | Axi | |
|---|---|---|---|
| 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 | DooPrime | Axi | |
|---|---|---|---|
| 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 | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | DooPrime | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | Axi | |
|---|---|---|---|
| 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 | DooPrime | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill