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 comparing the investment options available from XM Group and Axi, there are notable differences tailored to different types of investors. XM Group presents a vast array of 1,394 tradable symbols, which include 55 forex pairs and a wide variety of exchange-traded securities available from both U.S. and international exchanges. This broad offering allows investors to diversify their portfolios extensively. In contrast, Axi provides a selection of 175 tradable symbols, with 65 forex pairs available. However, Axi does not offer direct access to buying shares on U.S. or international exchanges, which may limit options for those specifically interested in individual stock investments.
Both brokers support forex trading as CFDs and offer copy trading features. Additionally, both XM Group and Axi provide cryptocurrency derivatives for investors interested in the crypto market, though neither allows for the purchase of actual cryptocurrencies. In terms of ratings, XM Group receives a 4.5 out of 5 stars for its range of investments, ranking 23rd among 62 brokers. Axi, with a 3.5-star rating, ranks 56th in the same category according to ForexBrokers.com. This makes XM Group an enticing option for investors seeking a more diversified range of investment opportunities.
| 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.
When comparing the trading platforms and tools of XM Group and Axi, both brokers offer a comprehensive package for trading enthusiasts. They each provide simulated or paper trading capabilities through free virtual demo accounts, which is a great start for beginners. Both brokers also feature Windows-based desktop download trading platforms and web-based browser platforms, ensuring accessibility across different devices. Furthermore, both XM Group and Axi support MetaTrader 4 (MT4), a popular choice for traders due to its diverse functionalities. However, while XM Group also offers MetaTrader 5 (MT5), Axi does not, making XM Group slightly more versatile in this regard.
For copy trading enthusiasts, both brokers offer options, but Axi extends its capabilities by supporting ZuluTrade, a feature XM Group does not provide. Both brokers tie with 15 drawing tools for charting and allow trading directly from stock charts. XM Group and Axi also offer seven fields for watch lists, but when it comes to overall ratings and rankings, XM Group edges out with a 4-star rating over Axi's 3.5-star rating by ForexBrokers.com. Additionally, XM Group is ranked 31st out of 62 brokers for Trading Platforms and Tools, significantly higher than Axi's 62nd position, indicating a better evaluation of their platform offerings.
| 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 comparing the mobile trading apps of XM Group and Axi, both platforms are available on iPhone and Android, catering to a wide range of users. Traders can receive stock or forex price alerts from each app, ensuring they stay updated with market movements. Both XM Group and Axi provide 30 technical studies for charting and allow drawing trendlines along with the functionality to view different time frames such as daily and intraday on a stock or forex chart. However, while trend drawings aren’t automatically saved on either platform, XM Group offers the advantage of syncing watchlists between the mobile app and the client's online account, a feature Axi lacks.
Both XM Group and Axi let users create watchlists with real-time quotes, offering flexibility in tracking favorite stocks or forex pairs. With an edge in user feedback, XM Group's mobile trading app has a higher rating of 4 stars compared to Axi’s 3.5 stars. In terms of industry recognition, XM Group is ranked #29 out of 62 brokers for mobile trading apps by ForexBrokers.com, while Axi is placed at #59. These rankings reflect XM Group's slightly better integration and trading features, benefitting more experienced traders looking for comprehensive tools in their mobile app.
| 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 comparing XM Group and Axi in terms of educational resources for beginners in forex and CFDs, both brokers are committed to providing educational materials that suit novice traders. Each offers a minimum of ten educational pieces—ranging from articles to videos—focused on these subjects. Moreover, both XM Group and Axi host online webinars each month, helping new traders learn in an interactive setting. However, XM Group takes a step further with a searchable archive of previously recorded webinars, allowing users to revisit sessions at their convenience, while Axi lacks this feature.
In terms of video content, both brokers offer beginner-friendly educational videos. XM Group, however, extends its offerings with advanced educational videos, providing a resource for more experienced traders, something Axi does not offer. While Axi compensates by featuring an investor dictionary with definitions of over 50 terms to aid beginners in understanding trading jargon, XM Group does not have this resource. As a result of these distinctions, XM Group outshines Axi, earning a 5-star education rating and ranking 7th out of 62 brokers on ForexBrokers.com, compared to Axi's 3-star rating and 27th rank.
| 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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