Written by ForexBrokers.com
In this head to head comparison of Axi vs FXGT.com, 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.
Axi and FXGT.com are notable online brokers that were founded in 2007 and 2019, respectively. Neither is publicly traded or a banking institution, offering distinct platforms for trading enthusiasts. When it comes to regulatory supervision and trust, Axi has been awarded a Trust Score of 82 by ForexBrokers.com, making it a trusted broker. It holds two highly regarded Tier-1 licenses and one Tier-2 license. On the other hand, FXGT.com has a Trust Score of 69, indicating a higher risk. It operates with one Tier-1 license and one Tier-2 license, highlighting a lower level of regulatory assurance compared to Axi.
While both brokers maintain some level of regulatory oversight, Axi's longer presence in the industry and higher Trust Score suggest a more reliable option for traders seeking trusted services. FXGT.com, despite being a newer entrant, provides options for those willing to consider a higher risk platform. Choosing between Axi and FXGT.com depends on the individual's risk tolerance and preference for established regulatory credentials.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Year Founded | 2007 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When considering online trading platforms, understanding the commissions and fees is crucial. Axi and FXGT.com, both recognized brokers, offer different experiences in terms of transaction costs. Axi is rated 4 stars for commissions and fees, placing it at a respectable rank of #44 out of 62 brokers according to ForexBrokers.com. While details about average spreads are not available, Axi's rating suggests that their fees structure is relatively competitive, offering traders good value for money in various trading activities.
FXGT.com, on the other hand, has a slightly lower rating of 3.5 stars in the same category. Ranked #55 out of 62 brokers, FXGT.com might not be as cost-effective as Axi. Although specific average spread details are not disclosed, its ratings indicate that traders may find their fees a bit higher, which could impact cost efficiency, especially for high-frequency traders or those dealing with larger volumes.
When choosing between Axi and FXGT.com based on commissions and fees, Axi stands out with a higher rating and better ranking, suggesting a more favorable fee structure for traders looking to optimize their costs.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $0 | $5 |
| 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 | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Axi and FXGT.com for their range of investment options, both online brokers offer forex trading through CFDs or spot contracts. However, Axi provides a wider selection with 175 tradeable symbols compared to FXGT.com's 117. In terms of forex pairs, Axi also outpaces FXGT.com, offering 65 pairs versus 53. While neither broker allows for the purchase of exchange-traded securities on U.S. or international stock exchanges, they both support CFD trading of cryptocurrencies instead of actual cryptocurrency purchases. Furthermore, Axi and FXGT.com furnish their clients with copy trading capabilities, presenting another dimension to their investment offerings.
In terms of overall star ratings for their range of investments, Axi slightly edges out FXGT.com with 3.5 stars as compared to FXGT.com's 3 stars. This marginal difference is further echoed in their rankings by ForexBrokers.com, where Axi is placed at #56 and FXGT.com at #60 among 62 brokers surveyed. The small gap in these rankings reflects the broader range of tradeable symbols and forex pairs available with Axi. Nonetheless, both platforms cater to a similar audience looking for CFD trading opportunities without the option to invest directly in physical or exchange-traded securities.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 117 |
| Forex Pairs (Total) | 65 | 53 |
| 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.
Both Axi and FXGT.com provide traders with the option of simulated trading through free virtual demo accounts, ensuring that new users can practice without risking real money. Neither broker offers a proprietary trading platform, but both support popular MetaTrader 4 (MT4). FXGT.com has the added advantage of also offering MetaTrader 5 (MT5), which is not available with Axi. Both brokers provide a variety of platforms including Windows-based desktop downloads and web-based browser access, catering to different user preferences. Additionally, both support copy trading, though Axi has the extra feature of ZuluTrade, whereas FXGT.com does not.
When it comes to trading tools, FXGT.com stands out with a higher rating of 4 stars compared to Axi's 3.5 stars for their trading platforms and tools. FXGT.com offers 23 drawing tools for charting, while Axi provides 15. Both allow direct trading from stock charts. Watchlists are slightly more detailed with Axi, offering 7 columns compared to 5 with FXGT.com. Despite Axi's wider range of watchlist columns, FXGT.com is ranked #56 for Trading Platforms and Tools by ForexBrokers.com, ahead of Axi which is ranked #62. This indicates a preference towards FXGT.com's overall platform experience among traders.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| 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 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Axi and FXGT.com, both platforms cater to iPhone and Android users with their easy-to-use applications. Traders on both platforms have the convenience of receiving stock or forex price alerts and can enjoy 30 technical studies for charting. They can also draw trendlines and access multiple time frames while exploring stock or forex charts. A standout feature for FXGT.com is its ability to sync watchlist symbols between the mobile app and the online account, ensuring seamless updates across different devices, whereas Axi lacks this feature. Another advantage FXGT.com holds is the auto-saving of drawings on charts, which Axi does not offer. Both apps allow users to create watchlists with real-time quotes, providing timely information for their trading needs.
In terms of performance rating, both Axi and FXGT.com are evenly matched with a score of 3.5 out of 5 stars for their mobile trading apps. However, according to ForexBrokers.com, FXGT.com ranks slightly higher, coming in at 58th place among 62 brokers, whereas Axi ranks just below at 59th place. These rankings suggest that while both apps offer solid functionalities, FXGT.com may have a slight edge in overall user satisfaction and service features. For traders prioritizing app syncing and automatic saving features, FXGT.com might be the preferred choice, although Axi remains a competitive option for mobile trading.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Axi and FXGT.com in terms of market research offerings, both brokers have their strengths and weaknesses. Axi provides access to forex news from top-tier sources like Bloomberg and Reuters, ensuring clients have up-to-date information from reputable outlets. Additionally, Axi offers technical analysis tools from Autochartist and a sentiment-based trading tool to gauge long and short positions on various instruments. However, Axi lacks daily market commentary and insights from tools like Trading Central or Acuity Trading. Both Axi and FXGT.com provide an economic calendar, helping traders stay informed about global economic events.
FXGT.com, on the other hand, does not offer forex news from leading sources, nor does it provide Autochartist tools. However, similar to Axi, FXGT.com features a sentiment-based trading tool and an economic calendar, ensuring traders can make informed decisions. Despite these similarities, both brokers receive three out of five stars for research and are closely ranked on ForexBrokers.com, with Axi at #55 and FXGT.com following closely behind at #56 among 62 brokers in the research category. While neither broker excels in every area, Axi offers a slight edge with its forex news from prominent providers and Autochartist tools.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | 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.
For beginner traders eager to build their knowledge base, Axi stands out as a strong choice with its diverse educational offerings. Axi provides more than ten educational resources focused on forex and CFD trading, catering to both newcomers and more experienced traders. In addition, Axi hosts regular monthly webinars to further engage learners and delivers a comprehensive collection of beginner-friendly videos that cover essential trading topics. Even though Axi does not have a searchable archive of past webinars or offer numerous advanced trading videos, the inclusion of an extensive investor dictionary with over 50 terms is a valuable asset for those looking to understand trading terminology.
On the other hand, FXGT.com provides only limited educational resources for forex and CFD enthusiasts. FXGT.com falls short by not meeting the minimum number of educational materials, and it lacks regular educational webinars or a library of beginner-focused videos. While FXGT.com does offer an investor dictionary similar to Axi's, it does not compensate for the overall lack of educational content. This limited offering has resulted in FXGT.com being rated equally with Axi at three stars for education, yet it ranks significantly lower, holding the 59th spot compared to Axi's 27th in the ForexBrokers.com education category rankings.
| Feature |
Axi
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 FXGT.com. Axi finished with an overall rank of #49, while FXGT.com finished with an overall rank of #58.
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
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 69 |
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Both Axi and FXGT.com do not offer the ability to buy actual delivered cryptocurrencies, but they both allow trading in cryptocurrency derivatives.
While both Axi and FXGT.com support Visa, Mastercard, and bank wire transfers for depositing or withdrawing funds, FXGT.com additionally offers ACH or SEPA transfers, whereas Axi provides the option to use Skrill for 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 | FXGT.com | |
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| Trust Score | 82 | 69 | |
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| Regulation | Axi | FXGT.com | |
|---|---|---|---|
| Trust Score | 82 | 69 | |
| Year Founded | 2007 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Axi | FXGT.com | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Axi | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 117 | |
| Forex Pairs (Total) | 65 | 53 | |
| 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 | Axi | FXGT.com | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Axi | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Axi | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| 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 | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Axi | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Axi | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Axi | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Axi | FXGT.com | |
|---|---|---|---|
| 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 | |
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| Trust Score | 82 | 69 | |
| Winner | check_circle | ||
| Review |
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