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 investment offerings from easyMarkets and Axi, both platforms provide options for forex trading, available as CFDs or spot contracts. easyMarkets offers a wider selection of tradeable symbols, with 230 available, compared to Axi's 175. However, Axi edges ahead slightly in the forex market, providing 65 tradeable forex pairs, while easyMarkets offers 63. Neither broker provides access to exchange-traded securities on U.S. or international exchanges, such as Apple or Vodafone shares, focusing instead on CFDs and forex trading.
Both easyMarkets and Axi support copy trading, allowing users to mirror the trades of successful investors. When it comes to cryptocurrency, neither platform supports the purchase of actual cryptocurrencies directly but both offer trading in cryptocurrency derivatives. Each broker earns a rating of 3.5 stars out of five for their range of investments, with easyMarkets ranked 54th and Axi ranked 55th out of 62 brokers in terms of investment range by ForexBrokers.com.
| 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 exploring the mobile trading apps of easyMarkets and Axi, both brokers provide apps for iPhone and Android users. easyMarkets allows users to sync watchlist symbols between the mobile app and online accounts, offering seamless updates. Axi, however, does not support this feature. In terms of tracking market changes, Axi delivers stock or forex price alerts, while easyMarkets does not offer this functionality.
For technical analysis, easyMarkets leads with 81 charting studies, compared to Axi's 30, and both platforms enable drawing trendlines on charts and viewing multiple time frames. However, neither app autosaves these chart drawings. Traders can create watchlists with real-time quotes via both apps. easyMarkets boasts a slightly higher mobile app rating at 4 stars against Axi's 3.5-star rating. According to ForexBrokers.com, easyMarkets ranks #29 out of 62, whereas Axi holds the #59 spot, showcasing easyMarkets as the slightly more favored choice for mobile trading enthusiasts.
| 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 it comes to educational resources for beginners in the trading world, both easyMarkets and Axi offer a comprehensive range of materials. easyMarkets provides an array of over 10 educational articles, videos, and archived webinars to help new traders understand forex and CFDs. They also host educational webinars each month, giving participants the chance to learn in a dynamic environment. easyMarkets goes a step further by offering a searchable archive of past webinars, allowing traders to revisit and learn at their own pace. Furthermore, easyMarkets caters to both beginners and advanced traders with a series of tailored video lessons, and they provide an investor dictionary with over 50 key terms, ensuring a strong grasp of trading lingo.
On the other hand, Axi also delivers a solid educational framework for aspiring traders, with a similar selection of over 10 educational pieces focused on forex and CFDs. They provide regular educational webinars to engage clients actively. However, Axi does not offer a searchable archive of past webinars, which could be seen as a limitation for those who prefer on-demand learning. While they have a set of beginner-focused video lessons and an investor dictionary, Axi does not extend their resources to include advanced video content. Despite these differences, Axi holds a higher rank of #26 compared to easyMarkets' #39 in the Education category on ForexBrokers.com, even though both are close in their education ratings, with Axi edging slightly lower at 3 stars against easyMarkets' 3.5 stars.
| 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 #43, 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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| 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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