Written by ForexBrokers.com
In this head to head comparison of VT Markets 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.
VT Markets and Axi are two well-known online brokers that offer trading services worldwide. VT Markets was founded in 2016, while Axi has been in operation since 2007. Neither broker is publicly traded or functions as a bank. When considering regulatory oversight, VT Markets holds one Tier-1 license and one Tier-2 license, indicating it is moderately regulated. In comparison, Axi has a stronger regulatory standing with two Tier-1 licenses and one Tier-2 license.
Regarding trustworthiness, as assessed by ForexBrokers.com, VT Markets has a Trust Score of 70, classifying it as an average risk broker. Meanwhile, Axi scores an 82, putting it in the trusted category. This suggests that Axi is generally perceived as more reliable, based on their higher regulatory compliance and longer tenure in the industry.
| Feature |
VT Markets
|
Axi
|
|---|---|---|
| Year Founded | 2016 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
In the world of online trading, VT Markets and Axi offer different approaches to commissions and fees that can impact a trader's bottom line. VT Markets provides traders with two accounts: the Raw ECN and the Standard STP. The Raw ECN account is preferred by traders looking for competitive pricing, with a typical spread of 0.83 pips on the EUR/USD when factoring in commission. Meanwhile, the commission-free Standard STP account has an average spread of 1.2 pips for the same currency pair, although the pricing is less appealing compared to the Raw ECN option.
In contrast, Axi does not make its average spread data readily available, which may pose a challenge for traders who prioritize transparency in costs. However, Axi maintains a consistent offering without additional commission charges on most trades. Despite this lack of specific data, both brokers provide low-barrier entry with minimum deposits of $100 for new traders, making them accessible options for those just starting.
When considering ratings, VT Markets edges ahead with a 4.5-star rating for commissions and fees, surpassing Axi's 4 stars. Additionally, VT Markets holds the 20th position out of 62 brokers in the Commissions and Fees category on ForexBrokers.com, while Axi ranks at 44th place. These rankings and ratings provide insight into the brokers' competitive standings, helping traders make more informed decisions based on costs involved.
| Feature |
VT Markets
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | 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 it comes to the variety of investments offered, both VT Markets and Axi cater to forex traders, providing the option to trade forex as either a CFD or spot contract. While VT Markets offers a considerable 1000 tradeable symbols, Axi features a more modest 175 symbols. In terms of forex pair availability, Axi takes the lead with 65 pairs compared to VT Markets' 39. However, neither broker provides the option to purchase U.S. exchange-traded securities such as Apple shares outside of the CFD format.
VT Markets extends its reach with the option to trade exchange-listed securities on international venues, like the London Stock Exchange, a feature Axi does not offer. Both platforms facilitate copy trading and provide access to cryptocurrency derivatives rather than actual crypto assets. Despite these distinctions, both are rated at 3.5 out of 5 stars for their range of investments. Yet, ForexBrokers.com ranks VT Markets higher at #39, in contrast to Axi's position at #56 out of 62 brokers, emphasizing VT Markets’ broader investment offerings.
| Feature |
VT Markets
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 175 |
| Forex Pairs (Total) | 39 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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 VT Markets to Axi in terms of their trading platforms and tools, both brokers offer a comprehensive suite for traders. Both VT Markets and Axi provide simulated trading through free virtual demo accounts, which is advantageous for beginners looking to practice without financial risk. Neither broker has developed a proprietary trading platform, but both offer a Windows-based desktop download and web-based platform to accommodate different trading preferences. They both support MetaTrader 4 (MT4), though VT Markets also offers MetaTrader 5 (MT5), which Axi does not. Additionally, both brokers support copy trading, but Axi stands out by offering ZuluTrade, whereas VT Markets does not. However, neither broker offers DupliTrade, potentially limiting automated trading options for more advanced users.
VT Markets offers a more extensive suite of tools with 30 drawing tools for charting, compared to Axi's 15, and both allow trading directly from stock charts, providing ease and efficiency in executing trades. Their watch lists are equally matched, offering seven columns for customization. In terms of performance ratings, VT Markets is slightly ahead, earning 4 stars for Trading Platforms and Tools, whereas Axi is rated 3.5 stars. According to ForexBrokers.com, VT Markets is ranked 47th out of 62 brokers in this category, which places it significantly above Axi, which ranks at 62nd. This suggests a broader preference for the tools and platforms available at VT Markets among traders.
| Feature |
VT Markets
|
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) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
VT Markets and Axi both provide comprehensive mobile trading experiences through their iPhone and Android apps, making them accessible to users on both platforms. Both brokers offer essential features like stock or forex price alerts, as well as the ability to create watchlists with real-time quotes. Despite these similar offerings, neither app supports watchlist symbol syncing between mobile apps and their respective online accounts, meaning users need to manually update watchlists on each platform. Both apps also offer 30 technical studies for charting, allow trendline drawing, and support viewing multiple time frames on charts. Yet, neither app currently autosaves drawings on charts, which could be an important factor for traders who frequently annotate their data.
When it comes to ratings and rankings, VT Markets edges ahead with a mobile app rating of 4 stars, compared to Axi's 3.5 stars. Additionally, ForexBrokers.com ranks VT Markets at #44 among 62 brokers for mobile trading apps, while Axi holds the #59 spot. These metrics indicate that while both brokers provide similar functionalities across their mobile trading platforms, VT Markets is slightly better rated by users and industry professionals. As such, traders seeking a mobile platform are likely to have a more favorable experience with VT Markets, based on these insights.
| Feature |
VT Markets
|
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 | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing VT Markets and Axi, one can see notable differences in the market research tools and services offered by each broker. VT Markets provides daily market commentary and access to forex news from elite sources like Bloomberg and Reuters, giving traders insightful updates. While Axi also offers top-tier forex news, it falls short of providing daily commentary. VT Markets stands out with its access to Trading Central's technical analysis tools, essential for traders who rely on data-driven insights. Axi, on the other hand, offers tools from Autochartist, which can be beneficial for traders focusing on automated analysis.
Both VT Markets and Axi equip traders with sentiment-based trading tools and comprehensive economic calendars, showcasing a variety of global news events. However, neither broker offers market research from TipRanks or tools from Acuity Trading. In terms of research ratings, VT Markets is rated 3.5 stars and ranks 36th out of 62 brokers on ForexBrokers.com, whereas Axi trails with a 3-star rating and a ranking of 55th. These distinctions highlight VT Markets' advantage in providing more rounded research tools for market analysis compared to Axi.
| Feature |
VT Markets
|
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 | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners between VT Markets and Axi, both brokers offer a solid foundation with at least 10 educational pieces, including articles and videos, focused on forex and CFDs. They also provide a dictionary that explains over 50 investing terms, making it easier for new traders to understand complex concepts. Furthermore, each broker supplies at least 10 beginner videos that delve into trading topics suitable for those just starting out. However, VT Markets and Axi both fall short in offering a collection of videos for advanced traders, as neither provides more than 10 advanced educational videos.
When it comes to online webinars, Axi leads by providing monthly educational webinars, while VT Markets does not offer such sessions. Unfortunately, neither broker maintains a searchable archive of recorded webinars for future reference. Despite these differences, VT Markets has a slight edge in overall education with a 3.5-star rating compared to Axi's 3 stars. Notably, ForexBrokers.com ranks VT Markets lower at #55 out of 62 brokers in the Education category, while Axi sits at a better spot with a rank of #27. This disparity suggests a more favorable view of Axi’s educational offerings compared to other brokers, despite their similar features and resources for beginners.
| Feature |
VT Markets
|
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) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that VT Markets is better than Axi. VT Markets finished with an overall rank of #44, while Axi finished with an overall rank of #49.
VT Markets benefits from being part of the Vantage Group of companies, and provides access to the MetaTrader suite of platforms as well as its own VT Pro trading app.
| Feature |
VT Markets
|
Axi
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 70 | 82 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both VT Markets and Axi do not offer the ability to buy actual delivered cryptocurrencies, but they do provide the option to trade cryptocurrency derivatives.
Both VT Markets and Axi offer Skrill, Visa, Mastercard, and bank wire options for funding accounts, but neither supports ACH, SEPA, or PayPal for deposits and 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | VT Markets | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 70 | 82 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
| Broker Screenshots | VT Markets | Axi | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | VT Markets | Axi | |
|---|---|---|---|
| Trust Score | 70 | 82 | |
| Year Founded | 2016 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | VT Markets | 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). | No | No |
| Tier-2 Licenses (Trusted) | VT Markets | 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 | VT Markets | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 175 | |
| Forex Pairs (Total) | 39 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | VT Markets | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | VT Markets | 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 | VT Markets | 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 | VT Markets | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | VT Markets | 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 | No | No | |
| Mobile Economic Calendar | Yes | No |
| Research | VT Markets | 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 | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | VT Markets | 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) | Yes | Yes |
| Major Forex Pairs | VT Markets | 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 | VT Markets Review |
| Overall | VT Markets | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 70 | 82 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
