Written by ForexBrokers.com
In this head to head comparison of Trade Nation 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.
Trade Nation, established in 2014, and Axi, founded in 2007, are both online brokers that hold a strong regulatory footing, each with two Tier-1 licenses. This indicates a reliable level of trust as per ForexBrokers.com's standards. While neither company is publicly traded or operates as a bank, they have both secured one Tier-2 license, adding another layer of oversight to protect their clients. Trade Nation and Axi are designed to cater to traders looking for safety and credibility, with their licenses underpinning their commitment to regulatory compliance.
When it comes to trust ratings, Trade Nation scores an 85 and Axi an 82 on ForexBrokers.com's Trust Score. With these evaluations, both companies fall under the 'trusted' category, which is a reassuring aspect for potential clients assessing their risk. This places both brokers in a competitive position within the online trading space, signaling a dependable choice for those interested in engaging in secure financial trading activities.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Year Founded | 2014 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of online brokers Trade Nation and Axi, it's clear that Trade Nation holds a competitive edge with its unique approach to pricing. Trade Nation offers both fixed-spread pricing on its proprietary platform and variable-spread pricing on its MetaTrader platform. The fixed spread for the popular EUR/USD pair starts at 0.6 pips, although it can rise to 1.4 pips during the daily rollover period. The average spread typically hovers around 1 pip when considering market conditions throughout the day. Trade Nation provides three primary account types, with the TN Trader account offering the most attractive spreads. With a top-rated 5-star score for commissions and fees, Trade Nation is highly ranked at #7 out of 62 brokers by ForexBrokers.com.
In contrast, Axi does not readily provide average spread data, making its pricing structure less transparent to potential users. While it does compete in the marketplace, Axi has earned a 4-star rating for commissions and fees. Its ranking of #44 by ForexBrokers.com in the same category indicates that it may not be as favorable as Trade Nation when it comes to cost-effectiveness for traders.
Overall, for traders looking for transparency and potentially lower spreads, Trade Nation may be the preferable option given its higher star rating and better ranking compared to Axi. This distinction could make a significant difference depending on your trading strategy and the importance of spread costs in your trading activities.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 0.6 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | No | 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 the range of investments available through online brokers, Trade Nation and Axi both stand out for offering forex trading as a CFD or spot contract but differ in other aspects of their investment offerings. Trade Nation boasts a larger selection, with 1,000 tradeable symbols, though it offers 46 forex pairs. Meanwhile, Axi provides 175 tradeable symbols with an advantage in forex pairs, featuring 65 available for trade. Both brokers do not support the purchase of exchange-traded securities on U.S. or international exchanges, meaning you won't be able to buy individual stocks like Apple or Vodafone directly through these platforms.
Stepping into the realm of cryptocurrency, Trade Nation and Axi both facilitate the trading of cryptocurrency derivatives, but neither offers the purchase of actual digital currencies. For investors looking to emulate successful strategies, both brokers provide copy trading options. Though rated equally at 3.5 stars for their range of investments, Trade Nation is ranked higher at #38 compared to Axi's #56 in the category among 62 brokerages reviewed by ForexBrokers.com. This suggests a slightly more favorable perception of Trade Nation's offerings relative to its competitors.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 175 |
| Forex Pairs (Total) | 46 | 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 Trade Nation and Axi in terms of their trading platforms and tools, both brokers provide simulated trading with free virtual demo accounts, making it easy for newcomers to practice without financial risk. Trade Nation stands out by offering a proprietary platform, while Axi relies on established platforms like MetaTrader 4. Both brokers support Windows-based desktop downloads and web-based trading, ensuring flexibility across devices. While they both provide copy trading and MetaTrader 4, neither broker offers MetaTrader 5 or DupliTrade. Notably, Axi extends its capabilities with ZuluTrade for social trading enthusiasts.
Trade Nation shines in providing more drawing tools for charting with 39 options, compared to Axi's 15. However, Axi offers the ability to trade directly from stock charts, a feature Trade Nation lacks. In terms of watch list customization, Trade Nation offers 14 columns for fields, surpassing Axi's 7. With a trading platform and tools rating of 4 stars out of 5, Trade Nation slightly edges out Axi, which is rated 3.5 stars. According to ForexBrokers.com rankings, Trade Nation is positioned at 44 out of 62 brokers in this category, while Axi is ranked 62, reflecting Trade Nation's higher user satisfaction and broader range of tools.
| Feature |
Trade Nation
|
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) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 39 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Trade Nation and Axi, you'll find both are well-suited for users looking for iPhone and Android availability. Both apps provide stock or forex price alerts, allowing traders to stay updated on market movements. However, when it comes to syncing watchlists across platforms, Trade Nation takes the lead by offering symbol syncing, while Axi lacks this feature. This means changes in watchlists on Trade Nation can seamlessly appear across devices, an advantage for those who require constant updates.
Trade Nation further distinguishes itself by offering an impressive 99 technical studies for charting, compared to Axi's 30. While both apps support drawing trendlines and viewing multiple time frames—such as daily, weekly, or intraday—Trade Nation ensures these drawings are automatically saved. In terms of watchlist real-time quotes, both apps perform well, yet Trade Nation scores a slightly higher overall rating of four stars compared to Axi’s 3.5. Lastly, in ForexBrokers.com's rankings of mobile trading apps, Trade Nation is placed at #45 out of 62 brokers, notable compared to Axi’s placement at #59. This detailed comparison highlights Trade Nation as a more feature-rich choice for mobile trading enthusiasts.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 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 Trade Nation and Axi for market research, Trade Nation shines with its daily market commentary and forex news sourced from top-tier providers like Bloomberg and Reuters. A standout feature for Trade Nation is its sentiment-based trading tool, which offers insights into trader positions across various instruments. Additionally, Trade Nation provides tools from Acuity Trading, adding further depth to their research offerings. However, the absence of an economic calendar might be a drawback for some traders.
On the other hand, Axi also avails top-tier forex news, but lacks in daily market commentary. It compensates with technical analysis tools from Autochartist and an economic calendar, which can be incredibly useful for traders tracking market events. Both brokers offer sentiment-based trading tools, yet Axi's market research receives a slightly lower average rating of 3 stars compared to Trade Nation's 3.5 stars. Ranking-wise, Trade Nation holds a better position at #42, while Axi is placed at #55 out of 62 brokers in the ForexBrokers.com Research category.
| Feature |
Trade Nation
|
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) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Trade Nation and Axi provide a variety of learning materials on forex and CFDs. Each offers over ten educational pieces including articles, videos, and webinars focused on these topics. However, Axi stands out by hosting online educational webinars at least once a month, a feature not provided by Trade Nation. On the other hand, both brokers lack a searchable archive of past webinars, which could enhance accessibility to information.
For beginner traders looking for video-based learning, both Trade Nation and Axi meet the mark with over ten beginner-focused trading videos. However, there's a notable difference in advanced resources: Trade Nation offers more for experienced traders with over ten advanced educational videos, while Axi falls short in this regard. Both brokers do provide an investor dictionary featuring definitions of over 50 investing terms, aiding in foundational understanding. Despite these offerings, Trade Nation scores slightly higher in education with a rating of 3.5 stars compared to Axi's 3 stars, although Axi is ranked higher overall in the education category by ForexBrokers.com, coming in at #27 compared to Trade Nation's position at #41.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Trade Nation is better than Axi. Trade Nation finished with an overall rank of #34, while Axi finished with an overall rank of #49.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
Trade Nation
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Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 82 |
| Range of Investments |
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Both Trade Nation and Axi do not offer the capability to purchase actual delivered cryptocurrency, but they both provide options for trading cryptocurrency derivatives.
Both Trade Nation and Axi do not support ACH, SEPA, or PayPal for deposits and withdrawals; however, they both offer Skrill, Visa, Mastercard, and bank wire transfer options for managing account funds.
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 | Trade Nation | Axi | |
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| Trust Score | 85 | 82 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | Axi | |
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| Regulation | Trade Nation | Axi | |
|---|---|---|---|
| Trust Score | 85 | 82 | |
| Year Founded | 2014 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | 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) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Trade Nation | 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 | Trade Nation | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 175 | |
| Forex Pairs (Total) | 46 | 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 | Trade Nation | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Axi | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | Trade Nation | 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) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Trade Nation | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 39 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | 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 | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | No |
| Research | Trade Nation | 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 | No | Yes |
| Education | Trade Nation | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trade Nation | 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 | Trade Nation Review |
| Overall | Trade Nation | Axi | |
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| Trust Score | 85 | 82 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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