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 the range of investment options between Axi and FXPrimus, both brokers offer forex trading available as CFDs or spot contracts. Axi stands out with 175 tradeable symbols, including 65 forex pairs, giving traders a broader selection compared to FXPrimus, which provides 140 symbols and 42 forex pairs. Neither Axi nor FXPrimus offers exchange-traded securities on U.S. or international exchanges, meaning investors cannot directly purchase stocks like Apple or Vodafone. Additionally, both platforms support copy trading, allowing users to mirror the trades of successful investors.
For cryptocurrency enthusiasts, both Axi and FXPrimus provide the opportunity to trade cryptocurrency derivatives but do not offer actual cryptocurrency purchases. This range of investment choices has resulted in both brokers receiving a rating of 3.5 stars for their investment range. However, Axi is slightly better positioned, ranked #56 out of 62 brokers by ForexBrokers.com, while FXPrimus ranks just a few spots behind at #59. This ranking reflects the subtle differences in the investment offerings between the two platforms.
| 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.
When it comes to mobile trading, both Axi and FXPrimus provide essential features for iPhone and Android users, catering to forex enthusiasts with the convenience of on-the-go trading. Both brokers offer the ability to receive real-time price alerts and draw trendlines on charts, ensuring traders can keep a finger on the pulse of market movements. However, a key distinction emerges in how they handle chart drawings. While FXPrimus automatically saves any drawings made, Axi does not offer this feature, which could be a significant advantage for traders who rely on technical analysis.
In terms of charting capabilities, Axi and FXPrimus match stride for stride, both boasting 30 technical studies and offering multiple time frame views. However, FXPrimus edges ahead with a slightly higher rating of 4 stars for their mobile trading app compared to Axi's 3.5-star rating. This difference is also reflected in their respective rankings by ForexBrokers.com, with FXPrimus placed at #48 and Axi at #59 out of 62 brokers. Despite their similarities, these distinctions highlight FXPrimus's slight advantage in user satisfaction and overall app performance, making it a preferable choice for traders seeking a more seamless mobile trading experience.
| 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.
When it comes to educational resources for newcomers, both Axi and FXPrimus have committed to providing a collection of informative materials. Both platforms offer at least 10 educational pieces on forex and CFD trading, ensuring a good starting point for beginners. They also conduct monthly online webinars, making knowledge readily accessible to their users. However, FXPrimus has the upper hand with a searchable archive of past webinars, giving traders the chance to learn from historical insights. On the flip side, Axi shines with its comprehensive selection of beginner-friendly videos designed specifically for those new to trading.
Axi and FXPrimus both share a similar educational rating of three out of five stars. Yet, Axi stands out with some additional resources like an investor dictionary featuring over 50 investing terms. It's rated notably higher in the educational ranks, placing 27th out of 62 brokers on ForexBrokers.com, as opposed to FXPrimus at 51st. While neither broker provides a wide array of advanced trading videos, newcomers will find Axi slightly more beneficial due to its beginner videos and informational glossary.
| 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 | |
|---|---|---|---|
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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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