Written by ForexBrokers.com
In this head to head comparison of RoboForex 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 the online brokers RoboForex and Axi, key differences emerge in their trust ratings and regulatory credentials. Established in 2009, RoboForex holds one Tier-1 license and has a ForexBrokers.com Trust Score of 73, categorizing it as an average risk broker. In contrast, Axi, founded in 2007, is backed by two Tier-1 licenses and one Tier-2 license, giving it a Trust Score of 82, which places it in the trusted category. Neither broker is publicly traded or operates as a bank, factors that often influence investor confidence.
For traders seeking reassurance concerning regulatory oversight, Axi stands out with its higher trust score and additional licenses. RoboForex, though newer and with fewer licenses, still maintains a steady reputation. Both companies offer opportunities for online trading but differ in the level of regulatory assurance they provide, which can guide investor choices based on personal risk tolerance.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Year Founded | 2009 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of RoboForex and Axi, there are notable differences to consider. RoboForex offers average spreads of 1.3 pips for the popular EUR/USD currency pair on their Procent and Pro accounts, which can be considered high. In contrast, Axi does not provide specific average spread data, making it challenging to directly compare spread costs between the two brokers.
In the area of commissions and fees, RoboForex is rated 3.5 out of 5 stars. This places them at a ranking of 54th out of 62 brokers as evaluated by ForexBrokers.com. On the other hand, Axi receives a more favorable rating of 4 out of 5 stars, ranking 44th in the same category. This suggests Axi might offer a more cost-effective trading experience overall when compared to RoboForex.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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 assessing the range of investments offered by RoboForex and Axi, distinct differences emerge in their offerings. RoboForex impressively provides access to an extensive array of 8,400 tradable symbols. In contrast, Axi offers a more limited selection with 175 tradable symbols. However, when focusing on forex pairs, Axi takes the lead with 65 available pairs compared to RoboForex's 28. Both platforms allow forex trading as CFDs or spot contracts but do not support the purchase of exchange-traded securities from U.S. or international exchanges, such as Apple or Vodafone shares.
For traders interested in cryptocurrency, both RoboForex and Axi facilitate trading through derivative contracts rather than actual cryptocurrency purchases. Furthermore, both brokers support copy trading, enhancing opportunities for users to mimic successful trading strategies. When rated for Range of Investments, RoboForex earns a commendable 4.5 stars, surpassing Axi's 3.5 stars. According to ForexBrokers.com, RoboForex ranks 20th out of 62 brokers, while Axi holds the 56th spot, highlighting RoboForex’s broader investment offerings.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 175 |
| Forex Pairs (Total) | 28 | 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 the trading platforms and tools between RoboForex and Axi, both brokers offer similar features like free virtual demo accounts, options for Windows-based desktop and web-based trading platforms, and the well-known MetaTrader 4 (MT4) platform. However, RoboForex offers the added advantage of MetaTrader 5 (MT5), which is not available with Axi. Both brokers provide the same number of drawing tools for charting, and each allows traders to execute trades directly from stock charts. Additionally, both platforms feature watch lists with seven columns for tracking investments. RoboForex distinguishes itself with a 4-star rating in Trading Platforms and Tools and is ranked 43rd out of 62 brokers by ForexBrokers.com, whereas Axi is rated 3.5 stars and ranks at 62nd.
One key difference between the two brokers is Axi's integration with ZuluTrade, a social trading platform, which is not available through RoboForex. Neither broker offers a proprietary trading platform or the DupliTrade feature, so those looking for in-house solutions may need to consider other options. Although both simplify the trading process with user-friendly interfaces, RoboForex tends to receive higher marks for its broader platform offerings and slightly superior ratings in the trading community.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| 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) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| 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 comparing the mobile trading apps offered by RoboForex and Axi, both brokers provide applications for iPhone and Android devices. They each support price alerts for stocks and forex, as well as the ability to draw trendlines and view different time frames on their charts. Additionally, both apps come equipped with 30 technical studies for complex charting, catering to traders who enjoy detailed market analysis. Unfortunately, neither broker supports watchlist symbol syncing, which means that changes made to watchlists in their mobile apps won't reflect on their desktop platforms automatically.
RoboForex distinguishes itself with a feature that auto saves chart drawings, a function that Axi’s app lacks. Both apps allow users to create watchlists with real-time quotes, which is valuable for staying updated with market changes. In terms of user ratings, RoboForex scores higher, with a 4-star rating compared to Axi's 3.5 stars. This is reflected in their rankings, with RoboForex positioned at #43 out of 62 brokers for mobile trading apps according to ForexBrokers.com, whereas Axi is ranked at #59. Overall, while both apps offer essential tools for mobile traders, RoboForex has a slight edge with its additional features and higher user ratings.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| 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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing RoboForex and Axi for their market research offerings, RoboForex stands out with its daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. It also features technical analytics from Trading Central and research tools from Acuity Trading, such as Signal Centre, alongside an economic calendar to keep traders informed globally. While RoboForex lacks tools from Autochartist and sentiment-based trading aids, it holds a research rating of 3.5 out of 5 stars and is ranked #37 out of 62 brokers by ForexBrokers.com.
On the other hand, Axi provides forex news from reputable outlets and a sentiment-based trading tool that RoboForex does not offer. Additionally, Axi supplies technical analysis tools from Autochartist and an economic calendar for global events, ensuring traders have key insights at their fingertips. However, Axi does not provide resources from Trading Central or Acuity Trading, limiting its market research options. Consequently, Axi's research rating is a slightly lower 3 out of 5 stars, ranking it #55 among 62 brokers in the ForexBrokers.com research category.
| Feature |
RoboForex
|
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 | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Axi significantly outshines RoboForex. Axi offers a wealth of educational materials, including over ten pieces focused on forex and CFDs. This assortment includes various articles and videos, ideal for newcomers seeking to understand trading intricacies. Moreover, Axi regularly hosts online educational webinars, providing consistent opportunities for learning, unlike RoboForex, which does not offer webinars monthly. For those who prefer to learn through video, Axi provides at least ten beginner-focused videos specifically designed for those new to trading, whereas RoboForex lacks such a collection.
Axi's educational offerings also include an extensive investor dictionary comprising over 50 essential investing terms, a feature absent at RoboForex. Although neither broker provides a searchable archive of past webinars nor offers a comprehensive set of advanced educational videos, Axi's commitment to beginner education places it ahead in terms of accessibility and resource availability. Despite these advantages, Axi is rated three stars for education, just slightly behind RoboForex's 3.5-star rating. However, according to ForexBrokers.com, Axi holds a better educational ranking at #27 out of 62 brokers, compared to RoboForex, which ranks at #56.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | 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 RoboForex is better than Axi. RoboForex finished with an overall rank of #46, while Axi finished with an overall rank of #49.
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
| Feature |
RoboForex
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 82 |
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Both RoboForex and Axi do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
RoboForex and Axi both offer a range of deposit and withdrawal options, including Visa, Mastercard, Skrill, and bank wires, but RoboForex provides additional flexibility with ACH, SEPA transfers, and PayPal, while Axi does not support these methods.
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 | RoboForex | Axi | |
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| Trust Score | 73 | 82 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | Axi | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | RoboForex | Axi | |
|---|---|---|---|
| Trust Score | 73 | 82 | |
| Year Founded | 2009 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | RoboForex | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | RoboForex | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 175 | |
| Forex Pairs (Total) | 28 | 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 | RoboForex | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | RoboForex | Axi | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | RoboForex | Axi | |
|---|---|---|---|
| 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) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | RoboForex | Axi | |
|---|---|---|---|
| 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 | RoboForex | Axi | |
|---|---|---|---|
| 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 | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | RoboForex | 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 | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | RoboForex | 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 | RoboForex Review |
| Overall | RoboForex | Axi | |
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| Trust Score | 73 | 82 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
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