Written by ForexBrokers.com
In this head to head comparison of XTB 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.
XTB and Axi are both well-regarded online brokers, each offering unique advantages for traders. Founded in 2002, XTB stands out with its listing on a stock exchange, enhancing its transparency for investors. Axi, established in 2007, remains a privately held entity, which some investors prefer for different perceived advantages. Both brokers are not banks, focusing entirely on providing brokerage services. Their regulatory strength is underscored by each holding two Tier-1 licenses. In addition, XTB holds two Tier-2 licenses, while Axi has one Tier-2 license.
When considering trust, XTB achieves an impressive Trust Score of 96 out of 99 according to ForexBrokers.com, categorizing it as highly trusted. Axi, with a Trust Score of 82, is still considered a trusted entity, but slightly below XTB’s rating. For traders looking at regulatory frameworks and trust ratings, these aspects can be important in making an informed decision between these two brokers.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Year Founded | 2002 | 2007 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing XTB and Axi regarding commissions and fees, XTB appears to offer competitive terms with two primary account types: a spread-only Standard account and a commission-based Professional account. However, the Professional account is limited to clients who meet the criteria of elected Professionals in the U.K. and Europe, and it is being phased out. The Standard account, with average forex spreads of 1 pip on the EUR/USD pair (as of Q4 2023), is likely more appealing for retail forex traders, especially those trading in smaller volumes. While XTB pricing aligns with industry norms, it may not match the most competitive brokers.
Additionally, XTB's active trader discounts, available to those in the EU who are elective professionals and U.K. qualified professionals, offer rebates from 5% to 30% of the spread, depending on volume levels starting from 20 lots per month. This program, known as XTB's Lower Spread Group, provides opportunities for cost savings and enhances its appeal for active traders.
In terms of ratings, XTB scores 4.5 out of 5 stars for commissions and fees, ranking 11th out of 62 brokers according to ForexBrokers.com. Axi, meanwhile, holds a 4-star rating and is positioned 44th out of 62, though specific spread data for Axi was unavailable for comparison. Overall, XTB presents a slightly more favorable option for traders focused on cost efficiency and rebates, especially within the framework of their active trading program.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.00 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
XTB and Axi both offer forex trading as CFDs or spot contracts, catering to those interested in currency trading. However, when it comes to the sheer number of tradeable symbols, XTB clearly outpaces Axi with 7,184 symbols compared to Axi's 175. Both brokers provide a wide selection of forex pairs, although XTB holds a slight edge, offering 71 pairs to Axi's 65. A significant difference lies in the availability of exchange-traded securities: XTB allows clients to invest in U.S. and international stocks directly, letting them purchase shares like Apple and Vodafone. Conversely, Axi does not offer direct access to these markets.
In terms of cryptocurrency trading, both brokers offer derivatives, yet neither supports buying actual cryptocurrencies. Axi compensates for its narrower range of symbols with the option to engage in copy trading, unlike XTB. When it comes to ratings, XTB shines with a 5-star rating and ranks 14th out of 62 brokers in the Range of Investments category by ForexBrokers.com. Axi, with a 3.5-star rating, holds the 55th position, highlighting a notable difference in investment offerings between the two brokers.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 175 |
| Forex Pairs (Total) | 71 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 trading platforms and tools, XTB and Axi offer unique benefits. Both brokers provide free virtual demo accounts ideal for simulated trading, and they support both Windows-based desktop and web-based platforms. XTB stands out with its proprietary platform and a higher rating for trading platforms and tools at 4.5 stars, having been ranked 9th by ForexBrokers.com out of 62 brokers. Though XTB does not offer MetaTrader platforms, it provides 32 drawing tools for charting and allows direct trading from stock charts. On the other hand, it does not support copy trading or third-party platforms like ZuluTrade.
Axi leans heavily on MetaTrader 4, a popular choice among traders, but doesn't offer a proprietary platform. It supports copy trading and is compatible with Zulutrade, catering to those looking for social trading options. Despite these features, Axi offers fewer drawing tools at 15 and slightly fewer watch list columns than XTB, scoring 3.5 stars for its trading platforms and tools. Its lower overall ranking of 62nd reflects these limitations when compared head-to-head with XTB. Both brokers allow direct trades from stock charts, but their strengths lie in different areas, allowing traders to choose based on their individual needs.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 30 |
| Charting - Drawing Tools (Total) | 32 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps from XTB and Axi, both platforms excel in accessibility by offering apps available for iPhone and Android users. Both apps cater to investor needs by providing stock and forex price alerts, as well as the ability to draw trendlines and view multiple time frames on charts. However, there's a notable difference in the number of technical studies available: XTB provides 39 options, while Axi offers 30. Unfortunately, neither app supports watchlist symbol syncing with the online account. For those who enjoy organizing with real-time quotes, both apps allow users to create watchlists.
One standout feature for XTB is its capability to auto-save chart drawings, unlike Axi, which lacks this functionality. This small detail, among others, contributes to XTB's higher user rating of 4.5 stars compared to Axi's 3.5 stars. Within a competitive field analyzed by ForexBrokers.com, XTB ranks as the 8th app among 62 brokers, highlighting its popularity and user satisfaction. Meanwhile, Axi is positioned at 59th place, suggesting there's room for improvement in its user experience.
| Feature |
XTB
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | 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 XTB and Axi in terms of market research offerings, XTB stands out with its comprehensive resources. XTB provides daily market commentary, key insights crucial for up-to-date trading strategies. Both XTB and Axi offer forex news from top-tier sources like Bloomberg and Reuters, ensuring traders are informed with reliable information. However, Axi has the advantage of incorporating Autochartist tools, which assist in technical and fundamental analysis, a feature XTB lacks. A highlight for both platforms is their sentiment-based trading tool, which provides a clear view of market trends by displaying the ratio of long or short positions.
XTB excels with its extensive offerings like an economic calendar that tracks global economic events, and this breadth of research tools contributes to its superior rating. XTB is rated 5 stars for research by ForexBrokers.com, ranking 7th out of 62 brokers, showcasing its strong reputation in providing quality research tools. In contrast, Axi is rated 3 stars and ranks 55th, reflecting fewer research resources compared to its competitor. While both brokers offer substantial market research, XTB's more extensive range and higher ranking make it a preferred choice for traders seeking in-depth market insights.
| Feature |
XTB
|
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) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, XTB and Axi both provide a solid foundation. Both brokers offer a range of educational materials, including more than 10 pieces each that cover forex or CFDs through articles, videos, and archived webinars. They also conduct live educational webinars every month to promote ongoing learning. However, XTB edges ahead by providing a searchable archive of these webinars, a feature Axi does not offer.
In terms of video education, both brokers deliver content tailored for beginners and more advanced traders, but XTB takes the lead with advanced material. While Axi supports beginners with extensive video content, it lacks the depth available to those seeking more challenging topics. Conversely, Axi helps newbies with an investor dictionary that defines over 50 investing terms, a feature XTB does not have. Ultimately, XTB earns a higher education rating of five stars compared to Axi’s three, and it is ranked 11th out of 62 brokers on ForexBrokers.com for its educational offerings, while Axi is positioned at 26th.
| Feature |
XTB
|
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 XTB is better than Axi. XTB finished with an overall rank of #7, while Axi finished with an overall rank of #49.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 82 |
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Both XTB and Axi provide the option to trade cryptocurrency derivatives, but neither allows the purchase of actual, delivered cryptocurrencies.
When comparing online brokers, XTB and Axi both support deposits and withdrawals via Skrill, Visa, Mastercard, and bank wires, but only XTB offers PayPal as an option, while neither broker provides ACH or SEPA transfer services for account funding.
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 | XTB | Axi | |
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| Trust Score | 96 | 82 | |
| Winner | check_circle | ||
| Review | XTB Review |
| Broker Screenshots | XTB | Axi | |
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| Regulation | XTB | Axi | |
|---|---|---|---|
| Trust Score | 96 | 82 | |
| Year Founded | 2002 | 2007 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | XTB | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XTB | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 175 | |
| Forex Pairs (Total) | 71 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Axi | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | XTB | Axi | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | XTB | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 39 | 30 | |
| Charting - Drawing Tools (Total) | 32 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | 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 | 39 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | XTB | 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 | Yes | Yes |
| Education | XTB | 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 | XTB | 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 | XTB Review |
| Overall | XTB | Axi | |
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| Trust Score | 96 | 82 | |
| Winner | check_circle | ||
| Review | XTB Review |
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