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.
RoboForex and Axi cater to investors seeking diverse trading opportunities, but their offerings differ significantly in scope. RoboForex stands out with a broad array of 8,400 tradeable symbols, including 28 forex pairs, allowing traders to explore various markets. While both platforms offer forex trading as CFDs or spot contracts, RoboForex has a more extensive selection of non-forex assets. However, neither broker provides the option to invest in exchange-traded securities from U.S. or international markets. For those interested in cryptocurrency trading, both platforms facilitate trading through derivatives but do not offer direct purchase options for cryptocurrencies. Additionally, both brokers support copy trading features.
Axi, while providing 65 tradeable forex pairs, offers a narrower range of investable symbols overall, with just 175 options. Despite this, Axi also supports forex trading and cryptocurrency derivatives, making it a viable choice for specialized forex traders. According to ForexBrokers.com, RoboForex outshines Axi in the range of investments category, earning a 4.5-star rating and ranking 20th out of 62 brokers. In comparison, Axi receives a 3.5-star rating and is ranked 55th. These differences underscore RoboForex's broader investment range, which may appeal more to traders seeking variety.
| 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 comparing the educational resources available to beginners at RoboForex and Axi, Axi stands out as a more supportive platform for those new to forex and CFD trading. Axi provides over ten educational pieces, including articles and videos, specifically designed for beginner traders. They also host regular webinars, offering interactive learning every month, whereas RoboForex does not provide these consistent learning opportunities. While neither broker offers an archive of previous webinars or advanced educational videos, Axi additionally supports beginners with an investor dictionary featuring definitions of over 50 investing terms, a resource not offered by RoboForex.
Despite these educational offerings, both brokers received contrasting ratings and rankings for education quality. RoboForex earned a slightly higher rating of 3.5 stars out of five for education, yet was ranked lower at #56 out of 62 brokers by ForexBrokers.com. On the other hand, Axi, rated three stars, holds a stronger rank at #26. For beginners prioritizing educational resources, Axi delivers a more comprehensive suite of materials to support their learning journey.
| 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
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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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