FxPro vs Axi (AxiTrader) - Fees Review included
Which broker is better FxPro or Axi (AxiTrader)? Our expert assessment conducted according to TU’s own methodology showed that FxPro is one of the top brokers in the financial market with the TU Overall Score of 7.9 out of 10. Axi (AxiTrader) is one of the top brokers in the financial market with the TU Overall Score of 6.91 out of 10. Find out more about TU Overall Score.
| Feature | FxPro | Axi (AxiTrader) |
|---|---|---|
Overall |
4.6 |
4.4 |
5 |
4.8 |
|
3.9 |
4.8 |
|
4.6 |
3.5 |
|
Investment Instruments |
4.9 |
4.1 |
Platforms and Charting Tools |
4.2 |
4.5 |
Deposit and Withdrawal |
4.5 |
4.9 |
Research |
4.7 |
1.9 |
Education |
4.6 |
4.6 |
Support |
4.5 |
4.4 |
Bonuses |
2.5 |
4.1 |
|
|
|
FxPro vs Axi (AxiTrader): Pros and Cons
The FxPro broker was registered in July 2006 in Cyprus. The company’s activities are licensed by financial regulators: CySEC (Cyprus), Bahamas SCB, FCA (UK), and South African FSCA. FxPro is successfully operating in more than 170 countries for retail and institutional clients. The broker has received more than 85 awards, including “Best Forex Trading Platform” and “Best Trading Platform”. FxPro has become known for providing the best trading tools. With FxPro broker, traders can trade more than 70 currency pairs, futures and stocks (Twitter, Apple, Google). The company has stock indices, metals and energy resources at its disposal. FxPro sets high safety standards with the client's funds being kept in large international banks. They are insured and separated from the broker's equity.
Axi is a broker owned by AxiCorp Financial Services Pty Ltd. This Australian company was founded by traders in 2007. Professional experience and real knowledge have become the basis of the company that understands the needs of traders, offers modern solutions and high-quality service.The broker is monitored by three reputable regulators: ASIC (Australian Securities and Investments Commission), FCA (UK Financial Conduct Authority), and DFSA (Dubai Financial Services Authority), which confirm its reliability and stability.Traders around the world can become clients of the broker and gain access to more than 140 trading instruments: Forex, metals, cryptocurrencies, and CFDs.
| FxPro | Axi (AxiTrader) | |
|---|---|---|
| Overall Pros | Regulated in EU and Great Britain | low trading fees |
| Big choice of ECN/STP accounts | well-regulated broker | |
| insurance of client funds | Auto trading and the use of Forex advisors are allowed | |
| Strong research and education | AI-powered PsyQuation platform | |
| PAMM and Copy-trading for investors | MyFXBook and Zulutrade copy trading platforms | |
| Personal offers for VIP-clients | ||
| Overall Cons | High spreads and fees | limited research |
| No forex bonuses | limited choice of stock CFDs |
FxPro vs Axi (AxiTrader): Safety and Regulation
| FxPro | Axi (AxiTrader) | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
£85,000 |
FCA UK Regulation |
Yes |
Yes |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
Yes |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
No |
BVI FSC |
No |
No |
VFSC |
No |
Yes |
FSA (Seychelles) |
Yes |
No |
FxPro vs Axi (AxiTrader): Trading Conditions
| Trading Conditions | FxPro | Axi (AxiTrader) |
|---|---|---|
Minimum Deposit |
$100 |
$0 |
Trading Platforms |
MT4, MT5, MultiTerminal |
МТ4, MT4 Web-Trading, AxiOne, PsyQuation |
Max Leverage (Futures) |
1:500 SCB regulation 1:30 (FCA, CySec regulation) |
1-500 (not for all markets) |
Supported Markets |
Forex, CFDs on indices cryptocurrencies, stocks, energy commodities |
currency pairs, metals, CFDs, cryptocurrencies, Indices |
Trading assets |
3000+ |
140+ |
Trading Accounts |
FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FxPro MT4 Market, FxPro MT5, FxPro cTrader, VIP-account |
Standart, Pro, Elite |
Base Account Currencies |
USD, EUR, PLN, GBP, AUD, CHF, JPY, ZAR |
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
FxPro vs Axi (AxiTrader): Fees
| FxPro | Axi (AxiTrader) | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,9 |
0,5 |
Standard acc. spread EUR/USD, max pips |
1,7 |
1,3 |
ECN Commission |
3 |
3,5 |
ECN Spread EUR/USD |
0,2 |
0,1 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
15 |
10 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FxPro vs Axi (AxiTrader): Trading Assets
| Asset Name | FxPro | Axi (AxiTrader) |
|---|---|---|
Overall |
3000+ trading assets |
140+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
FxPro or Axi (AxiTrader): Investment Programs
| Asset Name | FxPro | Axi (AxiTrader) |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Axi (AxiTrader) or FxPro
| FxPro | Axi (AxiTrader) | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
No |
cTrader |
No |
No |
Appropriate platform |
FxPro |
AxiOne, PsyQuation |
Others |
No |
no |
|
|
|
FxPro vs Axi (AxiTrader): Deposit and Withdrawal Methods
| FxPro | Axi (AxiTrader) | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
FxPro vs Axi (AxiTrader): Research
| Research Type | FxPro | Axi (AxiTrader) |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
NO |
FxPro vs Axi (AxiTrader): Education
| Education Type | FxPro | Axi (AxiTrader) |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
Axi (AxiTrader) vs FxPro: Support
| Support Features | FxPro | Axi (AxiTrader) |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
feedback form |
FxPro vs Axi (AxiTrader): Forex Bonuses and Promo
| Promo | FxPro | Axi (AxiTrader) |
|---|---|---|
Forex Bonus |
Not offered |
$50 welcome bonus (not for UK and AU clietns) |
Affiliate Program |
Up to $1.100 per client you introduce to FxPro |
The company has developed its own partnership portal, providing an opportunity to earn money by attracting customers to a retail brokerage center. All partners are provided with materials and receive a high CPA commission, up to $850 for one attracted account. Affiliate program options: IB-partner, CPA-partner |
Other Promos |
||
|
|
|
Top 5 Reviews on Axi (AxiTrader)
-
Comment
Trading with Axi is available from a minimum lot size of 0.01, with spreads on the EUR/USD pair starting at 0.1 pips. Axi is regulated by several well-known authorities, including the FCA (UK), ASIC (Australia), and DFSA. Clients can deposit and withdraw funds via cards, bank transfer, Skrill, Neteller, PayPal, and cryptocurrency. The broker supports VPS, Autochartist, and additional tools for MT4. Traders can choose from Standard, Pro, Elite, and Islamic accounts, allowing flexible options tailored to individual needs.
-
Comment
Axi is a broker with a long history in the market, operating since 2007 and present in multiple jurisdictions. There is no minimum deposit requirement for Standard and Pro accounts, while the Elite account has a high threshold of $25,000. The MetaTrader 4 platform is available as a desktop app, mobile app, and WebTrader. Traders have access to over 140 instruments, including currency pairs, CFDs on stocks, indices, commodities, and IPOs. Leverage can reach up to 1:500, but the level depends on the country of registration and account type. Among Axi’s advantages are no fees for deposits and withdrawals, as well as support from major liquidity providers such as Morgan Stanley, UBS, J.P. Morgan, and others.
-
Comment
I opened an account with Axi broker six months ago. Before that, I traded with another company, but I had to leave due to disputes with customer support. So far, everything is going fine with Axi. I can't say it's a super platform; I've encountered a couple of bugs here. During news releases, I noticed price slippage in the broker's terminal. But I don't think these are serious issues.
-
Comment
I'm a newcomer to the world of Forex and chose AxiTrader as my broker, thinking they would assist me. I was wrong! Initially, they promised a personal consultant, but this person was unavailable every time I had questions. When I finally started trading, it seemed to me that the spreads deliberately widened at the moments of my transactions. My account was depleted in no time! I feel like I've been deceived! Don't trust AxiTrader!
-
Comment
The AxiTrader Pro account is expected to have excellent conditions, with an almost zero spread, instant order execution, and fast processing of withdrawal requests. However, all these favorable conditions are unrelated to AxiTrader as a broker. This is because the platform they provide is one of the worst I have encountered. I do not recommend working with this company.
Top 5 Reviews on FxPro
-
Comment
They've put a lot of thoughts into this. Even trader dasbhoard looks clean, with such a nice showing of what happened during th e day. Each time logging in feels pretty nice ;)
-
Comment
stocks trading with my MT bot, idk why but he is doing a lot better here.
-
Comment
FxPro offers negative balance protection, which can be crucial during periods of high volatility. Spreads on the EUR/USD pair remain within the range of 0.3–0.8 pips. Leverage is available up to 1:500. However, the starting conditions may not suit everyone: the minimum deposit is $100 or the equivalent in other currencies.
-
Comment
cTrader was a new platform. The user interface is complex and takes some time for adaptation. I was surprised how fast orders execute during trading sessions. It probably takes less than 0,01 sec.
-
Comment
I tested FxPro in both demo mode and on a real account with fixed spreads. I didn’t notice much difference in execution — orders open and close consistently. Commissions are no higher than the market average. However, due to the lack of localized analysis, I have to rely on external market sources.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.