Written by ForexBrokers.com
In this head to head comparison of Axi vs FXPrimus, 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, founded in 2007, is a reliable choice for traders, boasting a ForexBrokers.com Trust Score of 82, placing it firmly in the "trusted" category. The broker is not listed on any stock exchange nor does it operate as a bank, but it holds two highly trusted Tier-1 licenses and one trusted Tier-2 license. These regulatory credentials endorse Axi as a stable platform for online trading, suitable for those who prioritize security and oversight in their financial activities.
Founded in 2009, FXPrimus offers traders a ForexBrokers.com Trust Score of 71, which is classified as an "average risk." Although it is not publicly listed or a banking institution, FXPrimus holds one highly trusted Tier-1 license. With this level of regulatory backing, FXPrimus presents a moderate risk option for those exploring online trading opportunities. While it doesn't hold Tier-2 licenses, its regulatory framework provides a baseline of trust for cautious investors.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Year Founded | 2007 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing online brokers Axi and FXPrimus based on commissions and fees, both receive a solid 4-star rating. A detailed breakdown of their fee structures isn't provided, making it challenging to pinpoint specific costs, but their star ratings suggest that traders find both platforms competitive in this aspect. Despite having similar ratings, they have different rankings in the Commissions and Fees category, with FXPrimus slightly outperforming Axi.
According to ForexBrokers.com, Axi is ranked at #44 among 62 brokers, indicating they offer reasonable fees but may have room to improve in terms of cost-effectiveness. On the other hand, FXPrimus holds the #42 spot, placing them a bit higher on the list, which could imply that they offer a slightly more attractive fee structure compared to Axi, although exact figures are not shared.
Both brokers are commendable options for traders who prioritize trading costs, as evidenced by their ratings and close rankings. Without average spread data, users have to rely on these rankings and ratings to distinguish which platform might be the better choice for their needs.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| 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 | 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 Axi and FXPrimus for their range of investments, both online brokers offer similar services for forex trading, providing access to contracts for difference (CFDs) and spot contracts. Axi provides a slightly wider selection, offering 175 tradable symbols, including 65 forex pairs. In contrast, FXPrimus features 140 tradable symbols with 42 forex pairs. However, neither broker allows clients to purchase exchange-traded securities directly from U.S. or international exchanges, such as shares of Apple or Vodafone.
For those interested in cryptocurrencies, both Axi and FXPrimus offer the option to trade cryptocurrency derivatives, though not the actual cryptocurrencies. Additionally, both brokers support copy trading, allowing users to mimic the trades of experienced investors. In terms of investment range ratings, both Axi and FXPrimus receive 3.5 stars out of five. Despite this equal rating, Axi ranks slightly higher than FXPrimus, positioned at #55 out of 62 brokers as opposed to FXPrimus at #59 according to ForexBrokers.com.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 140 |
| Forex Pairs (Total) | 65 | 42 |
| 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.
Axi and FXPrimus both cater to traders looking for diverse platform options and tools, but they offer different experiences. Both brokers provide a free virtual demo account for paper trading along with MetaTrader 4 for standard trading needs. However, FXPrimus stands out by offering a proprietary platform developed in-house and access to MetaTrader 5, providing traders with advanced features that Axi lacks. On the other hand, Axi allows users to engage in ZuluTrade for social trading, a feature not available with FXPrimus. Both brokers also offer similar functionalities like a web-based platform, Windows desktop platform, copy trading options, the ability to trade directly from stock charts, and 15 drawing tools for charting. Yet, when it comes to the overall rating for trading platforms and tools, FXPrimus receives a slightly higher score of 4 stars compared to Axi's 3.5 stars.
Regarding rankings, Axi is positioned at the bottom of the list by ForexBrokers.com, falling at #62 out of 62 brokers for Trading Platforms and Tools. In contrast, FXPrimus is ranked more favorably at #49. Despite having the same number of drawing tools and customizable watch list fields, this difference in ranking reflects FXPrimus's additional offerings such as the proprietary platform and MT5 availability. Traders who prioritize a broader range of tools and proprietary solutions might find FXPrimus more appealing, whereas those interested in ZuluTrade's social trading might prefer Axi.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| 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 | 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.
Axi and FXPrimus both provide mobile trading apps compatible with iPhone and Android devices, making it easy for users to trade on the go. Both apps allow for stock or forex price alerts and offer real-time quotes within customizable watchlists. Their charting tools are equally matched, each offering 30 technical studies as well as the ability to draw trendlines and view multiple time frames such as daily, weekly, or intraday. However, while FXPrimus conveniently auto-saves chart annotations, Axi requires users to redraw them with each use.
Neither Axi nor FXPrimus offers watchlist symbol syncing, meaning changes in watchlists on the mobile app won't automatically sync with the online account. User ratings indicate a slight edge for the FXPrimus app, which scores 4 out of 5 stars compared to Axi's 3.5 stars. Additionally, in rankings by ForexBrokers.com, FXPrimus holds the 47th position while Axi is placed at 59th out of 62 brokers. Overall, FXPrimus appears to offer a slightly more polished user experience according to customer ratings and industry rankings.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| 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 | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Axi and FXPrimus in terms of market research offerings, each broker showcases its distinct strengths. Axi stands out for providing forex news from top-tier sources such as Bloomberg and Reuters, ensuring traders have access to leading market insights. Additionally, Axi supports traders with tools from Autochartist, enhancing the technical and fundamental research experience. Axi also features a sentiment-based trading tool that displays the ratio of long or short positions across various instruments, providing valuable insights into market trends. While Axi doesn't offer daily market commentary, this comprehensive suite of tools and news resources secures a solid research base for traders.
On the other hand, FXPrimus distinguishes itself by offering daily market commentary, keeping traders informed with regular updates. However, it falls short in providing forex news from top-tier sources and lacks the inclusion of tools like Autochartist. Both Axi and FXPrimus offer economic calendars for monitoring global news events impacting various economies. Yet, neither partner with companies like Trading Central or Acuity Trading for additional research tools. Both brokers receive similar ratings of three out of five stars for their research offerings. Despite Axi being ranked slightly higher at #55 compared to FXPrimus at #58 by ForexBrokers.com, each provides a unique set of tools catering to different trading preferences.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For those new to online trading, the educational resources offered by Axi and FXPrimus are worth considering. Both platforms provide at least ten educational pieces such as articles, videos, and webinars focusing on forex or CFDs, ensuring a good start for beginners. Each broker also hosts online webinars monthly, though FXPrimus goes a step further by having a searchable archive for past webinars, making it easier for learners to revisit valuable content. While Axi supports novices with over ten beginner-focused trading videos, FXPrimus doesn't offer a similar library, which could make Axi more appealing to those just starting.
In terms of additional learning tools, Axi provides a comprehensive investor dictionary with over 50 investing terms to bolster understanding, which FXPrimus currently lacks. Neither broker offers a series of advanced educational videos for experienced traders. Both Axi and FXPrimus have a three-star rating in education; however, Axi ranks significantly higher at #26 compared to FXPrimus at #51 according to ForexBrokers.com. This indicates that while both brokers provide valuable resources, Axi may have a slight edge in catering to beginner traders.
| Feature |
Axi
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
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 FXPrimus. Axi finished with an overall rank of #49, while FXPrimus finished with an overall rank of #53.
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
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 71 |
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Both Axi and FXPrimus do not provide the option to buy actual cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
Both Axi and FXPrimus do not support ACH or SEPA transfers or PayPal for deposits and withdrawals, but they both offer Skrill, Visa or Mastercard, and bank wires as viable options.
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 | FXPrimus | |
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| Trust Score | 82 | 71 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | FXPrimus | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
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| Regulation | Axi | FXPrimus | |
|---|---|---|---|
| Trust Score | 82 | 71 | |
| Year Founded | 2007 | 2009 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Axi | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 140 | |
| Forex Pairs (Total) | 65 | 42 | |
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| 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 | No | No |
| Trading Platforms | Axi | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| 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 | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | FXPrimus | |
|---|---|---|---|
| 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 | Axi | FXPrimus | |
|---|---|---|---|
| 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 | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Axi | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Axi | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Axi | FXPrimus | |
|---|---|---|---|
| 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 | Axi | FXPrimus | |
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| Trust Score | 82 | 71 | |
| Winner | check_circle | ||
| Review |
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