Written by ForexBrokers.com
In this head to head comparison of XM Group 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 XM Group and Axi, both are reputable firms with solid foundations in the trading industry. Founded in 2009, XM Group is slightly younger than Axi, which was established in 2007. Neither company is publicly traded nor operates as a bank. Regulatory oversight is a critical factor for traders, and XM Group holds four Tier-1 licenses and one Tier-2 license, while Axi holds two Tier-1 licenses and one Tier-2 license. These licenses are indicative of their adherence to strict financial regulations. According to ForexBrokers.com, XM Group receives a Trust Score of 88, placing it in the trusted category, whereas Axi’s Trust Score of 82 also signifies a trusted standing.
In terms of regulatory reliability, XM Group is considered slightly more trusted due to its higher number of Tier-1 licenses, which are regarded as highly reliable. Both brokers are on par with industry standards by holding significant regulatory approvals, but XM Group's broader licensing provides additional reassurance for cautious investors. Their scores, both in the 80s range, validate their status as trusted brokers, making them both viable options for trading enthusiasts seeking a reliable partner.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Year Founded | 2009 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing online brokers XM Group and Axi, it's evident that both offer competitive options for traders, but there are differences in their commissions and fees structures. XM Group's standard account spreads are considered pricey, and while it's known for its XM Zero account that includes commission-based spreads, the average spreads are not publicly disclosed. This can make it a bit challenging for traders to gauge the precise costs they might incur. Despite this, XM Group earns a commendable 4-star rating for its commissions and fees, reflecting a generally positive response from its user base. It is ranked 33rd out of 62 brokers in this category by ForexBrokers.com.
On the other hand, Axi does not provide average spread data, which means potential traders have less transparency regarding typical trade costs. However, Axi matches XM Group with a 4-star rating for commissions and fees, indicating a generally favorable impression from users. Although Axi's absence of spread data might pose a challenge for some, it still maintains a position within the industry, ranked 44th out of 62 brokers for commissions and fees by ForexBrokers.com.
In summary, both XM Group and Axi hold similar ratings at 4 stars for their commissions and fees. However, XM Group is ranked slightly higher than Axi, suggesting it edges out in overall user satisfaction within this specific category. Traders should consider their personal preferences and needs around cost transparency and fee structures when choosing between these two brokers.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Minimum Deposit | $5 | $0 |
| Average Spread EUR/USD - Standard | 1.6 | 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 looking at the range of investments offered by online brokers XM Group and Axi, investors will notice clear differences. XM Group provides an extensive array of 1,394 tradeable symbols, significantly more than Axi's 175. While both brokers support forex trading as contract for difference (CFD) or spot contracts, XM Group offers 55 tradeable forex pairs compared to Axi's 65. A notable advantage for XM Group is the availability of exchange-traded securities on both U.S. and international markets, allowing clients to invest in major companies such as Apple and Vodafone directly. Conversely, Axi does not provide this service, limiting investors to CFD trading for such assets.
On the other hand, both brokers offer cryptocurrency derivatives, though neither supports the purchase of actual cryptocurrencies. Investors interested in copy trading will find this service available with both brokers. However, XM Group's wider selection and additional securities earn it a higher rating of 4.5 stars for range of investments, compared to Axi's 3.5 stars. This is reflected in their rankings by ForexBrokers.com, where XM Group is placed at 23rd out of 62 brokers, while Axi is ranked 55th, showcasing XM Group's more comprehensive offerings in the market.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 175 |
| Forex Pairs (Total) | 55 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | 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.
XM Group and Axi both provide traders with various platforms and tools to enhance their trading experience. Both brokers offer free virtual demo accounts, allowing users to practice and refine their trading strategies without risk. While neither offers a proprietary platform, they both support Windows-based desktop platforms and web-based trading options. XM Group and Axi also support MetaTrader 4 (MT4), a popular platform among traders. Furthermore, XM Group extends its offerings to include MetaTrader 5 (MT5), whereas Axi does not. For those interested in social trading, both brokers enable copy trading, but only Axi collaborates with ZuluTrade for this feature.
Charting tools are a strong suit for both XM Group and Axi, as they each provide 15 drawing tools and the ability to trade directly from stock charts. Their watch lists are similarly structured, featuring seven customizable columns. Although neither broker supports DupliTrade, XM Group holds an edge with a higher star rating for its trading platforms and tools, scoring 4 stars compared to Axi's 3.5. This advantage is reflected in their rankings by ForexBrokers.com, with XM Group positioned at #30 and Axi at #62 among 62 brokers in the Trading Platforms and Tools category.
| Feature |
XM Group
|
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 it comes to mobile trading apps, both XM Group and Axi are available for iPhone and Android users, providing comprehensive tools for trading on the go. They each offer features such as stock and forex price alerts and the ability to draw trendlines on charts. Both apps come equipped with 30 technical studies for in-depth chart analysis and allow users to view different time frames for stocks or forex. However, neither of their apps auto-saves drawings on charts, which could be a consideration for those who frequently annotate their data. With regard to creating watchlists with real-time quotes, both brokers provide this capability, but XM Group edges ahead with seamless symbol syncing between mobile and online accounts, a feature that Axi doesn't support.
When evaluating user satisfaction, XM Group's mobile app holds a rating of 4 stars, whereas Axi's app scores slightly lower at 3.5 stars. This difference in user ratings is reflected in their rankings by ForexBrokers.com, where XM Group is positioned at #27 out of 62 brokers for mobile trading apps, while Axi stands at #59. This suggests that while both platforms offer a similar range of trading functionalities, XM Group's app might provide a more cohesive user experience, translating to higher ratings and a better overall ranking in the industry.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | 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.
XM Group stands out in market research by offering daily market commentary and providing forex news from top sources like Bloomberg and Reuters. Users can also take advantage of Trading Central's technical analysis tools and sentiment-based trading tools that reveal market trends. An economic calendar further enriches their research experience, offering updates on global economic events. As a result, XM Group earns 5 stars for research and is ranked 8th out of 62 brokers by ForexBrokers.com, making it a leader in this category.
In contrast, Axi provides forex news from premium sources but falls short in offering daily market commentary. While it offers technical analysis through Autochartist, Axi lacks Trading Central tools, which could limit options for some traders. However, like XM Group, Axi also includes sentiment tools and an economic calendar. Despite these offerings, Axi receives a 3-star rating for research and ranks 55th, indicating there's room for improvement compared to its competitors.
| Feature |
XM Group
|
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 it comes to educational resources for beginner forex and CFD traders, XM Group and Axi both provide a solid foundation with over 10 educational pieces each, including articles, videos, and webinars. Both platforms also ensure their clients have access to ongoing learning opportunities by offering at least one online educational webinar every month. However, XM Group leads the way by providing a searchable archive of past webinars, offering an easily accessible library for continuous learning, whereas Axi does not currently have this feature. Moreover, both brokers cater to beginners with at least 10 educational videos that cover trading basics.
For those seeking more advanced educational content, XM Group stands out with more than 10 advanced educational videos tailored to experienced traders, a feature Axi lacks. On the other hand, Axi compensates by offering a comprehensive investor dictionary with definitions of at least 50 investing terms, which beginner traders might find beneficial. The difference in the quality of educational resources is reflected in their ratings: XM Group boasts a commendable 5-star rating for education and ranks 7th out of 62 brokers, while Axi has a 3-star rating and is ranked 26th by ForexBrokers.com.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 XM Group is better than Axi. XM Group finished with an overall rank of #17, while Axi finished with an overall rank of #49.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 82 |
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Both XM Group and Axi do not offer the ability to buy actual delivered cryptocurrency but do provide the option to invest in cryptocurrency derivatives.
Both XM Group and Axi do not support ACH or SEPA transfers or PayPal for deposits or withdrawals, but they both offer Skrill, Visa or Mastercard, and bank wires as available options for funding accounts.
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 | XM Group | Axi | |
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| Trust Score | 88 | 82 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | Axi | |
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| Regulation | XM Group | Axi | |
|---|---|---|---|
| Trust Score | 88 | 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 | 4 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | XM Group | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 175 | |
| Forex Pairs (Total) | 55 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | 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 | XM Group | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Axi | |
|---|---|---|---|
| Minimum Deposit | $5 | $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 | XM Group | 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 | XM Group | 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 | XM Group | 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 | 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 | XM Group | 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 | XM Group | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XM Group | 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 | XM Group Review |
| Overall | XM Group | Axi | |
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| Trust Score | 88 | 82 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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