Written by ForexBrokers.com
In this head to head comparison of Markets.com vs Axi, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Markets.com and Axi are some of the well-regarded names in online brokerage, each offering a unique set of features for traders. Established in 1999, Markets.com has stood the test of time longer compared to Axi, which was founded in 2007. Both brokers are privately held and not listed on any stock exchanges, nor are they banks. When it comes to trust and reliability, Markets.com holds an impressive Trust Score of 93 out of 99, based on ratings by ForexBrokers.com, making it highly trusted. In contrast, Axi holds a Trust Score of 82, which places it in the trusted category.
From a regulatory standpoint, Markets.com has a slight edge with three Tier-1 licenses, denoting a high level of trust and reliability. Meanwhile, Axi comes in close with two Tier-1 licenses, still highly regarded but slightly fewer in number. Both brokers hold one Tier-2 license each, further underlining their credibility. In summary, while both brokers are reliable, Markets.com has a slight lead in both its Trust Score and its number of top-tier licenses, making it a preferred choice for many traders who prioritize regulatory assurance.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Year Founded | 1999 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to comparing online brokers for their commissions and fees, Markets.com and Axi present clear differences. Markets.com is rated 3.5 stars out of five in this category. Without specific average spread data available, Markets.com stands at a rank of 49 out of 62 brokers according to ForexBrokers.com. This positioning suggests that while it might offer some advantages, there's room for improvement in how competitive its costs are when compared to other brokers.
On the other hand, Axi receives a slightly better rating of 4 stars out of five for its commissions and fees. Like Markets.com, Axi does not provide average spread data. However, Axi holds a higher rank of 44 out of 62 brokers, indicating that it might offer relatively more attractive pricing for customers. This higher ranking shows potential advantages for traders looking to minimize costs.
In summary, Axi holds a small edge over Markets.com in terms of commissions and fees, as reflected in both its superior star rating and higher ranking by ForexBrokers.com. These distinctions could be significant for traders focusing on cost efficiency in their trading operations.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| 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 | Yes |
| 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 Markets.com and Axi in terms of the range of investments available, both online brokers offer forex trading through Contract for Difference (CFD) or spot contracts. Markets.com stands out with a significant offering of 2,179 tradeable symbols, which gives traders a vast array of choices beyond forex markets. Axi, on the other hand, provides 175 tradeable symbols, though they offer slightly more forex pairs than Markets.com, with 65 compared to Markets.com's 57. Both platforms do not offer exchange traded securities on U.S. or international exchanges, such as Apple or Vodafone shares, limiting direct stock investments.
For investors interested in cryptocurrencies, both Markets.com and Axi offer cryptocurrency derivatives, but not the actual digital currencies. In terms of copy trading, both brokers cater to social trading enthusiasts by providing these services. Market analysts rate Markets.com higher for its range of investments, with a four-star rating compared to Axi's 3.5-star rating. Additionally, Markets.com is ranked 29th out of 62 brokers by ForexBrokers.com for its range of investments, showcasing a broader portfolio compared to Axi, which is ranked 55th in the same category.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 175 |
| Forex Pairs (Total) | 57 | 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 it comes to trading platforms and tools, both Markets.com and Axi provide noteworthy solutions, yet they cater to slightly different preferences. Markets.com stands out with its proprietary platform, offering a streamlined Windows-based desktop download and a user-friendly web-based option for flexible trading access. While both brokers support MetaTrader 4 (MT4), Markets.com also extends its offering to MetaTrader 5 (MT5), appealing to traders seeking advanced features. With a four-star rating from ForexBrokers.com, Markets.com ranks #26 out of 62 brokers in the Trading Platforms and Tools category, partly due to its provision of a free virtual demo account and comprehensive platform range.
In contrast, Axi does not have its own proprietary platform but compensates with strong third-party options. It offers a Windows-based desktop platform and web-based trading through MetaTrader 4 (MT4). Notably, Axi supports ZuluTrade for traders interested in social and copy trading. It shines in technical analysis with 15 drawing tools and allows trading directly from a stock chart, features not available on Markets.com. Although Axi trails behind with a 3.5-star rating and ranks last in the category, its diverse toolset and availability of a demo account still provide viable choices for traders.
| Feature |
Markets.com
|
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) | 89 | 30 |
| Charting - Drawing Tools (Total) | 4 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Markets.com and Axi, both platforms offer compatibility with iPhone and Android devices, ensuring traders can access their accounts on the go. Both platforms provide essential features like price alerts and the ability to draw trendlines on charts. However, a key difference is that Markets.com allows watchlist symbol syncing, meaning any changes made in the mobile app will automatically update on a user's online account. In contrast, Axi lacks this feature, which may affect how seamlessly users can transition between devices.
Looking at technical features, Axi offers more with 30 technical studies available for charting, while Markets.com relies on the default studies of its MT4 platform and offers none directly on its app. Axi also allows users to view multiple time frames on charts, unlike Markets.com, which focuses on other functionalities. Both platforms enable users to create watchlists with real-time quotes. Despite these differences, Markets.com has an overall edge with a 4-star rating for its mobile app, ranking 33rd out of 62 brokers on ForexBrokers.com, while Axi holds a 3.5-star rating and ranks 59th in the same category.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Markets.com and Axi offer different sets of tools and resources. Markets.com provides daily market commentary and forex news from top-tier sources, giving traders timely insights into market movements. This platform also supports sentiment-based trading tools that help visualize the ratio of long or short positions across various trading instruments. Additionally, Markets.com scores well with an economic calendar that keeps users updated on global news events. In terms of overall research ratings, Markets.com is rated 4 out of 5 stars and holds the 17th position out of 62 brokers on ForexBrokers.com.
On the other hand, Axi, while offering similar forex news services and sentiment-based trading tools as Markets.com, lacks daily market commentary. However, it provides technical analysis tools from Autochartist that are absent in Markets.com. Both brokers do not feature tools from Trading Central, TipRanks, or Acuity Trading. Axi also offers an economic calendar, but its overall research capabilities receive a 3-star rating, ranking it 55th out of 62 brokers according to ForexBrokers.com. Each platform has its strengths, and the choice may depend on the specific research tools a trader values most.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| 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.
When comparing Markets.com and Axi for educational resources available to beginners, both platforms offer a mix of valuable learning tools. Markets.com provides an array of more than 10 beginner-focused videos, catering specifically to new traders. This makes it a practical choice for those who wish to quickly grasp basic trading concepts. While Markets.com hosts client webinars monthly to facilitate ongoing learning, it lacks a searchable archive for previous sessions and doesn't offer a comprehensive forex or CFDs education collection. Although its rating for education stands at 4 stars, it falls to 34th place among 62 brokers in ForexBrokers.com's rankings.
Axi, on the other hand, focuses on a broad range of educational content, offering more than 10 educational pieces on forex and CFDs, making it well-suited for beginners keen on exploring these specific topics. Like Markets.com, Axi also provides monthly educational webinars but lacks a searchable archive of past sessions. With over 10 beginner educational videos, Axi ensures newcomers have access to fundamental trading knowledge. However, it does not match Markets.com in offering extensive content for more advanced traders. The presence of an investor dictionary with over 50 terms further supports learners in understanding trading jargon. Axi's education rating is slightly lower at 3 stars, but it ranks higher at 26th place in ForexBrokers.com's assessment of brokers.
| Feature |
Markets.com
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Markets.com is better than Axi. Markets.com finished with an overall rank of #23, while Axi finished with an overall rank of #49.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 82 |
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Both Markets.com and Axi do not offer the ability to buy actual delivered cryptocurrency; however, they both provide the option to trade cryptocurrency derivatives instead.
Markets.com and Axi both provide an array of funding options, including Skrill, Visa, Mastercard, and bank wires, while neither supports ACH, SEPA, or PayPal transfers for deposits or withdrawals.
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 | Markets.com | Axi | |
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| Trust Score | 93 | 82 | |
| Winner | check_circle | ||
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| Broker Screenshots | Markets.com | Axi | |
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| Regulation | Markets.com | Axi | |
|---|---|---|---|
| Trust Score | 93 | 82 | |
| Year Founded | 1999 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | 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) | Markets.com | 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 | Markets.com | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 175 | |
| Forex Pairs (Total) | 57 | 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 | Markets.com | Axi | |
|---|---|---|---|
| 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 | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Axi | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | No | No |
| Trading Platforms | Markets.com | 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 | Markets.com | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Drawing Tools (Total) | 4 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | No |
| Research | Markets.com | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | Axi | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | Markets.com | Axi | |
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| Trust Score | 93 | 82 | |
| Winner | check_circle | ||
| Review |
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