Written by ForexBrokers.com
In this head to head comparison of easyMarkets 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.
When comparing easyMarkets and Axi, both online brokers offer a trustworthy trading environment as rated by ForexBrokers.com. Founded in 2001, easyMarkets maintains a Trust Score of 84 out of 99, indicating a trusted status. Meanwhile, Axi, established in 2007, holds a Trust Score of 82, also falling under the trusted category. Neither easyMarkets nor Axi is publicly traded or operates as a bank, focusing instead on providing reliable brokerage services for traders.
In terms of regulation, both easyMarkets and Axi are well-supported by their respective licenses. Each broker holds two Tier-1 licenses, which are considered highly trusted, along with one Tier-2 license, demonstrating their adherence to trusted regulatory standards. These credentials provide an assurance to traders, highlighting the brokers' commitment to maintaining a secure and regulated trading platform.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Year Founded | 2001 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of easyMarkets and Axi, easyMarkets offers fixed spreads at 0.8 pips for EUR/USD on its own platform and TradingView, which can be appealing for traders seeking predictability. However, using easyMarkets with MT4 incurs higher costs, with a spread of 1.7 pips for the Standard account. The cost can be reduced to 0.7 pips through the VIP account. Additionally, MT5 users have access to variable spreads starting from 0.7 pips. easyMarkets holds a 3.5-star rating for commissions and fees and is ranked #51 out of 62 brokers by ForexBrokers.com.
In contrast, Axi does not publicly provide its average spread data, which may present challenges for potential customers trying to estimate trading costs. Despite the lack of specific spread information, Axi is still rated at 4 stars for commissions and fees by users, scoring higher than easyMarkets in this regard. Axi's overall rank for this category is #44 out of 62 brokers according to ForexBrokers.com, indicating a relatively competitive position.
Overall, easyMarkets provides a consistent fee structure with its fixed spreads on certain platforms, appealing to those who value stability in trading costs. Axi, while less transparent with its fee data, achieves a higher user satisfaction rating in terms of costs, indicating that traders may find value in its offerings despite the absence of specific spread details.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Minimum Deposit | $25 | $0 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | 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 the range of investments offered by easyMarkets and Axi, both platforms provide forex trading as a CFD or spot contract. easyMarkets offers a slightly larger selection of total tradable symbols with 230 options versus Axi's 175. However, Axi edges ahead in tradable forex pairs, providing 65 pairs compared to easyMarkets' 63. Neither broker facilitates the trading of exchange-traded securities on U.S. or international exchanges, meaning investors looking to directly buy stocks like Apple or Vodafone will need to look elsewhere.
Both easyMarkets and Axi support copy trading and offer cryptocurrency derivatives, although neither allows for the purchase of actual cryptocurrencies. Rated equally at 3.5 stars for their range of investments, easyMarkets and Axi share similar strengths and limitations. When ranked by ForexBrokers.com, easyMarkets holds a slight advantage at #54, just ahead of Axi at #56 out of 62 brokers. These brokers are well-suited for those particularly interested in forex trading, but those seeking diverse investment options might find limitations with either platform.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 230 | 175 |
| Forex Pairs (Total) | 63 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| 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 trading platforms and tools, easyMarkets and Axi both accommodate beginners and seasoned traders by offering free virtual demo accounts for paper trading. EasyMarkets takes the lead with its proprietary platform, which is crafted in-house, while Axi relies on external platforms. Both brokers provide Windows-based desktop platforms and convenient web-based trading, ensuring seamless access regardless of the device. Additionally, they both support copy trading, essential for those looking to mirror successful traders' activities. Traders favoring MetaTrader platforms will appreciate that easyMarkets supports both MT4 and MT5; however, Axi only offers MT4. While neither broker includes DupliTrade, Axi stands out by offering ZuluTrade for social trading enthusiasts.
In terms of charting capabilities, easyMarkets provides a more comprehensive set of tools with 30 drawing options compared to Axi's 15. Both allow direct trading from stock charts, streamlining the trading process. For watch lists, easyMarkets offers slightly more flexibility with columns, enabling eight fields versus Axi's seven. In terms of user ratings for trading platforms and tools, easyMarkets scores slightly higher at 4 stars out of 5, while Axi holds a 3.5-star rating. Looking at the rankings by ForexBrokers.com, easyMarkets is positioned at #35 out of 62, significantly ahead of Axi, which is placed last at #62. This distinction underscores easyMarkets' stronger reputation for their trading platforms and tools in comparison to Axi.
| Feature |
easyMarkets
|
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) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both easyMarkets and Axi offer reliable options for iPhone and Android users. However, there are distinct differences in features that could sway a trader's decision. easyMarkets stands out with its impressive 81 technical studies for charting, allowing users to harness a wide array of analytical tools right on their mobile devices. Additionally, easyMarkets supports watchlist symbol syncing, ensuring that any changes made synchronously update across both the mobile app and the client's online account. In contrast, Axi provides only 30 technical studies for charting, and it lacks the convenience of watchlist syncing. However, both platforms allow users to draw trendlines and view various time frames on charts, which helps in comprehensive market analysis.
While both easyMarkets and Axi allow traders to create watchlists with real-time quotes, Axi does offer something easyMarkets does not: stock or forex price alerts, empowering users to act quickly based on market movements. In terms of user feedback, easyMarkets comes in slightly stronger with a 4-star rating compared to Axi's 3.5-star rating in mobile trading apps. Furthermore, when ranked by ForexBrokers.com, easyMarkets holds the 30th position out of 62 brokers for mobile trading apps, whereas Axi is ranked at 59. Whether you prioritize technical analysis capabilities or real-time alerts might determine which app better suits your trading needs.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 81 | 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.
easyMarkets and Axi are two prominent online brokers offering a suite of research tools and resources for traders. easyMarkets stands out with its daily market commentary, which is not available with Axi. Both brokers provide forex news sourced from reputable outlets like Bloomberg and Reuters. When it comes to technical analysis, easyMarkets partners with Trading Central for specialized tools, while Axi utilizes Autochartist, catering to traders who favor specific analysis platforms. Additionally, both brokers offer sentiment-based trading tools, which give insights into market trends by showing the ratio of long to short positions across various instruments. The inclusion of a comprehensive economic calendar by both easyMarkets and Axi further assists traders in keeping updated with vital global economic events.
Despite their offerings, there are notable distinctions in their research services. easyMarkets has a stronger overall research rating, with 3.5 stars out of 5, compared to Axi's 3-star rating. This difference is reflected in their rankings by ForexBrokers.com, where easyMarkets is positioned at #43 out of 62 brokers, while Axi is ranked lower at #55. Neither broker offers market research tools from TipRanks or Acuity Trading, highlighting areas where both could expand their research capabilities. Overall, traders may find easyMarkets more appealing for its richer selection of commentary and analysis resources, whereas Axi might attract those who prefer tools from Autochartist.
| Feature |
easyMarkets
|
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 | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners at easyMarkets and Axi, both platforms offer a wide array of materials to help newcomers get acquainted with forex and CFDs. Each broker provides more than ten educational pieces, which include articles, videos, and archived webinars, and hosts at least one educational webinar each month. However, easyMarkets has an edge in certain areas. Notably, it offers a searchable archive of past webinars and provides advanced-level educational videos that cater to more experienced traders, while Axi does not. Both platforms boast impressive investor dictionaries featuring definitions of over 50 investment terms, making it easy for beginners to get up to speed with trading jargon.
Despite easyMarkets offering more comprehensive educational resources, its overall rating for education stands at 3.5 stars compared to Axi's 3 stars. Interestingly, though easyMarkets offers more advanced training for budding traders, Axi is ranked higher in educational offerings according to ForexBrokers.com, with a position of #27 compared to easyMarkets' #39. This indicates that while easyMarkets provides some superior resources, Axi may excel in other areas that influence its overall educational ranking. Whether you prioritize a broader range of educational materials or place importance on ranking, both platforms have solid offerings for beginners looking to enhance their trading knowledge.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 easyMarkets is better than Axi. easyMarkets finished with an overall rank of #42, while Axi finished with an overall rank of #49.
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, its web platform is a bit dated and it offers a below-average selection of tradeable products.
| Feature |
easyMarkets
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 82 |
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Both easyMarkets and Axi do not provide the option to purchase actual delivered cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
While both easyMarkets and Axi provide Skrill, Visa, Mastercard, and bank wire options for deposits and withdrawals, only easyMarkets offers ACH and SEPA transfers, whereas neither broker supports 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 | easyMarkets | Axi | |
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| Trust Score | 84 | 82 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
| Broker Screenshots | easyMarkets | Axi | |
|---|---|---|---|
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| Mobile Trading Gallery (click to expand) | |||
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| Regulation | easyMarkets | Axi | |
|---|---|---|---|
| Trust Score | 84 | 82 | |
| Year Founded | 2001 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | easyMarkets | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | easyMarkets | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | easyMarkets | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 230 | 175 | |
| Forex Pairs (Total) | 63 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| 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 | easyMarkets | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | easyMarkets | Axi | |
|---|---|---|---|
| Minimum Deposit | $25 | $0 | |
| 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 | Yes | No |
| Trading Platforms | easyMarkets | 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 | easyMarkets | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | easyMarkets | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 81 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | No |
| Research | easyMarkets | 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 | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | easyMarkets | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | easyMarkets | 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 | easyMarkets Review |
| Overall | easyMarkets | Axi | |
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| Trust Score | 84 | 82 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
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