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 it comes to the variety of investment options, DooPrime truly stands out against Axi. With a remarkable 10,000 tradeable symbols, DooPrime offers a vast selection across different asset classes, including both CFD and spot forex trading with 60 forex pairs. In contrast, Axi provides 175 tradeable symbols with a slightly larger selection of 65 forex pairs. While both brokers offer forex trading and copy trading, DooPrime excels by providing access to exchange-traded securities on both U.S. and international markets, allowing investors to directly purchase stocks like Apple and Vodafone—a feature not available through Axi.
Axi, however, offers cryptocurrency derivatives, which might appeal to certain traders, whereas DooPrime does not provide this option. Although Axi has a competitive range of forex pairs, its limitations are evident when considering other investment opportunities. The contrast is further highlighted by their respective ratings from ForexBrokers.com, where DooPrime receives a glowing 5-star rating and ranks 12th out of 62 brokers for its range of investments, whereas Axi earns a 3.5-star rating and ranks 56th. This clearly indicates that DooPrime is the superior choice for investors seeking more diverse and comprehensive investment opportunities.
| 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.
Both DooPrime and Axi offer trading convenience through their mobile apps available on iPhone and Android devices. Users of both platforms can set stock or forex price alerts and access up to 30 technical studies for detailed charting. Traders on DooPrime's app benefit from auto-saved drawings on their charts, a feature not available with Axi. However, neither app synchronizes watchlist symbols with the client's online account, requiring manual updates. Users can draw trendlines and view various time frames such as daily, weekly, or intraday on both platforms, enhancing the trading experience.
Despite these similarities, there are differences in user ratings and rankings. DooPrime's mobile trading app boasts a 4-star rating, securing the 25th rank out of 62 brokers as reviewed by ForexBrokers.com, while Axi holds a 3.5-star rating, placing it significantly lower at 59th. Both apps allow the creation of watchlists featuring real-time quotes, yet DooPrime clearly has a slight edge in terms of user satisfaction and expert ranking.
| 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 available for beginners at DooPrime and Axi, both online brokers provide a solid foundation for learning about forex and CFDs with a minimum of 10 educational pieces such as articles and videos. Both also offer an excellent selection of beginner-focused trading videos, making it easy for new traders to get started. However, DooPrime has the edge when it comes to more advanced educational videos, offering over 10 for experienced traders, while Axi lacks an equivalent resource. Where Axi stands out is in hosting monthly online webinars, a feature not offered by DooPrime, enhancing the interactive learning experience for its clients.
Another distinguishing feature is Axi's offering of an investor dictionary with definitions of at least 50 investing terms, a handy tool for traders looking to broaden their vocabulary, whereas DooPrime does not provide this resource. In terms of overall educational excellence, DooPrime slightly surpasses Axi, with DooPrime earning a 4-star rating and Axi earning 3 stars. Additionally, DooPrime ranks higher in education, securing the 25th spot among 62 brokers compared to Axi's rank of 27. This comparison shows that both brokers have commendable offerings, with DooPrime providing more depth for advanced traders, while Axi excels in live learning opportunities with webinars.
| 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 |
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| Trust Score | 83 | 82 |
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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.
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0 of 5| Overall Rating | DooPrime | Axi | |
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| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
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| Broker Screenshots | DooPrime | Axi | |
|---|---|---|---|
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| 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 | |
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| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review |
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