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 evaluating Trade Nation and Axi for their range of investment options, both brokers offer an opportunity to trade forex through CFDs or spot contracts, appealing to those interested in currency trading. Trade Nation provides access to 1,000 tradeable symbols, giving traders a broad array of options, while Axi offers 175 symbols. For forex enthusiasts, Axi stands out with 65 tradeable forex pairs compared to Trade Nation's 46 pairs. However, neither broker facilitates the purchase of exchange-traded securities on U.S. or international exchanges, limiting opportunities for direct stock investments.
Both Trade Nation and Axi cater to modern trading trends by offering copy trading and cryptocurrency derivatives, though neither supports the purchase of actual cryptocurrencies. Despite their similarities, they diverge in ranking, with Trade Nation positioned at #38, ahead of Axi's #55, according to ForexBrokers.com. Although each broker earns a 3.5-star rating for the range of investments, these subtle differences can influence which platform may better meet specific trading needs.
| 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 with Axi for their trading platforms and tools, both brokers offer free virtual demo accounts, allowing users to practice trading without any financial risks. Trade Nation provides its own proprietary platform, highlighting a unique approach compared to Axi, which does not have an in-house developed platform. Both brokers support MetaTrader 4, but neither offers MetaTrader 5. Additionally, both Trade Nation and Axi offer Windows-based desktop and web-based platforms, ensuring flexible access for traders. While Trade Nation does not support ZuluTrade, Axi provides this feature for those interested in copy trading strategies.
In terms of charting capabilities, Trade Nation stands out with 39 drawing tools, offering more flexibility for technical analysis compared to Axi's 15 tools. Axi, however, allows for direct trading from stock charts, a feature not available with Trade Nation. For watchlist customization, Trade Nation provides 14 columns, doubling the options available with Axi. Evaluating user ratings, Trade Nation scores higher with a 4-star rating for its trading platforms and tools, while Axi receives 3.5 stars. According to ForexBrokers.com, Trade Nation is ranked #45 out of 62 brokers in this category, compared to Axi's rank at #62, reflecting Trade Nation's slight edge in platform offerings.
| 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) | 99 | 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.
Trade Nation and Axi each provide unique features for market research, giving traders varied tools and resources. Neither brokerage offers daily market commentary. However, both give access to forex news from reputable sources like Bloomberg and Reuters. A significant difference between the two is that Axi provides advanced research tools from Autochartist, while Trade Nation does not. Conversely, Trade Nation includes research tools from Acuity Trading, something Axi lacks. Both brokers offer sentiment-based trading tools, but neither provides market research from TipRanks or tools from Trading Central.
When it comes to additional insights, Axi's offering includes an economic calendar to help traders stay informed on upcoming global events, a feature Trade Nation does not provide. Overall, Trade Nation is slightly higher rated for its research capabilities, earning 3.5 stars compared to Axi's 3 stars. As per the ForexBrokers.com ranking, Trade Nation is positioned at #42, while Axi is further down the list at #55 out of 62 assessed brokers. This comparison reflects different strengths and weaknesses, making it essential for traders to consider which features are most beneficial for their trading strategy.
| Feature |
Trade Nation
|
Axi
|
|---|---|---|
| Daily Market Commentary | No | 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 offer valuable content to help newcomers understand forex and CFDs better. Trade Nation provides more than ten articles and videos dedicated to these topics, alongside at least ten beginner-friendly educational videos. However, Trade Nation doesn't feature monthly client webinars or a searchable archive of past webinars, which might be a downside for those looking for interactive learning. Interestingly, Trade Nation is ranked 42nd in the education category by ForexBrokers.com, with a 3.5-star rating for its educational offerings.
Axi, on the other hand, excels in providing interactive learning experiences with monthly webinars, though like Trade Nation, they're lacking a searchable webinar archive. They also offer over ten beginner educational videos, but not enough advanced content for more experienced traders. An additional highlight is Axi's extensive investor dictionary, which includes definitions of over 50 investing terms. Even though Axi scores slightly lower at 3 stars for education, it ranks higher at #26 in the ForexBrokers.com education category, showcasing its commitment to supporting traders of varying experience levels with informative resources.
| 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 | 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 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
|
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) | 99 | 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 | No | 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 | No | No | |
| Investor Dictionary (Glossary) | No | 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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