Comparison of Axi and Nadex
| Feature | Axi | Nadex |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2009 |
| Broker Type | STP | MM |
| Dealing | A-book | B-book |
| Execution | Market | Instant |
| Regulation | SVGFSA, ASIC, NZ FMA, DFSA, FCA | CFTC |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | Nadex Web Platform, NadexGo™ (iOS, Android) |
| Spread | ⬊ Low | - N/A |
| Maximum Leverage | 1:500 | 1:1 |
| Minimum Deposit | $1 | $1 |
| Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Debit Card, ACH Bank Transfer, Wire Transfer |
| Inactivity Fee | $10/month after 12 months of no trading activity | $10 per month after 12 months of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | Wire withdrawal $25 |
| Investor Protection | FSCS | - |
| Protection Size | £85 000 | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✖ |
| VPS | ✔ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✖ |
| EAs/Robots | ✔ | ✖ |
| Depth of Market (DOM) | ✔ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Shares (CFDs), Commodities, Cryptocurrencies | Currencies, Commodities, Indices, Cryptocurrencies |
| Review | Axi Review | Nadex Review |
About Axi
Axi is a multi-regulated broker founded in 2007 with a straightforward account setup: commission-free Standard or raw-spread Pro, and a VIP Elite tier. Traders can use MT4, MT5 (in selected regions), or the Axi Trading Platform, plus a dedicated Copy Trading app. The product list spans Forex, indices, commodities, 100+ share CFDs, ~30 crypto CFDs, and ETF CFDs. Add-ons include Autochartist, Trading Central, VPS, and the Axi Select funding program.
Pros
- Multi-entity regulation
- Elite VIP with ~$25k balance and $3.5 commission per lot
- Solid toolkit: Autochartist, Trading Central, VPS options
- Flexible funding incl. cards, e-wallets, and crypto; broad base currencies
Cons
- Inactivity fee after 12 months of no trading
- Share CFD universe is modest (~100 names) vs. largest competitors
- Elite requires high balance; not suitable for small accounts
About Nadex
Nadex (North American Derivatives Exchange) is the only US-based retail exchange offering fully regulated binary options, call spreads, and knock-out contracts. Regulated by the CFTC, Nadex matches orders on an exchange order book, so you trade directly with other participants rather than against the broker. Contracts are cash-settled at $0 or $100, ensuring strictly limited risk, and accounts can be opened with no minimum deposit. Since 2022 Nadex has been part of the Crypto.com group, aiming to expand access to innovative derivatives products while maintaining compliance with US regulations.
Pros
- CFTC-regulated US exchange
- No minimum deposit; $1 minimum contract size
- Transparent, low fees – $1 per side, capped at $50
- Proprietary web & mobile platforms with free real-time data
- Fixed-risk contracts eliminate negative balance risk
- Free unlimited demo account
Cons
- Available mainly to US residents; many states/countries restricted
- Only short-term binary products – no traditional spot FX or CFDs
- Wire withdrawals incur a $25 fee
- No MetaTrader or third-party algorithmic trading support
Axi & Nadex Regulation
| Feature | Axi | Nadex |
|---|---|---|
Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) | North American Derivatives Exchange, Inc. (Crypto.com group) |
Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | United States |
Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | CFTC |
Investor Protection | FSCS | - |
Investor Protection Size | £85 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Axi
AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK)
Nadex
North American Derivatives Exchange, Inc. (Crypto.com group)
Countries
Axi
St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom
Nadex
United States
Regulators
Axi
SVGFSA, ASIC, NZ FMA, DFSA, FCA
Nadex
CFTC
Investor Protection
Axi
FSCS
Nadex
-
Investor Protection Size
Axi
£85 000
Nadex
-
Publicly Traded
Axi
Nadex
Segregated Accounts
Axi
Nadex
Guaranteed Stop Loss
Axi
Nadex
Negative Balance Protection
Axi
Nadex
Account Types
| Account | Axi | Nadex |
|---|---|---|
STP Account | ||
| Account Name | Standard | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.9 | — |
| Fee | No | — |
| Max Leverage | 1:500 | — |
| Stop Out | 20% | — |
| Margin Call | 100% | — |
Zero Account | ||
| Account Name | Pro | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.0 | — |
| Fee | $7 per 1 lot | — |
| Max Leverage | 1:500 | — |
| Stop Out | 20% | — |
| Margin Call | 100% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | — | Binary Options |
| Minimum Deposit | — | $1 |
| Option Types | — | Binary Options, Call Spreads, Knock-Outs |
| Minimum Stake | — | $1 |
| Payout | — | from 0% to 100% |
| Expiration Time | — | from 5 minutes to 24 hours |
STP Account
Account Name
Axi
Standard
Nadex
—
Min Deposit
Axi
$1
Nadex
—
Lot Size
Axi
0.01
Nadex
—
Spread Type
Axi
Floating
Nadex
—
Execution
Axi
Market
Nadex
—
Min Spread
Axi
0.9
Nadex
—
Fee
Axi
No
Nadex
—
Max Leverage
Axi
1:500
Nadex
—
Stop Out
Axi
20%
Nadex
—
Margin Call
Axi
100%
Nadex
—
Zero Account
Account Name
Axi
Pro
Nadex
—
Min Deposit
Axi
$1
Nadex
—
Lot Size
Axi
0.01
Nadex
—
Spread Type
Axi
Floating
Nadex
—
Execution
Axi
Market
Nadex
—
Min Spread
Axi
0.0
Nadex
—
Fee
Axi
$7 per 1 lot
Nadex
—
Max Leverage
Axi
1:500
Nadex
—
Stop Out
Axi
20%
Nadex
—
Margin Call
Axi
100%
Nadex
—
Additional Features
Demo Account
Axi
Nadex
VIP Account
Axi
Nadex
Swap-Free Account
Axi
Nadex
Copy Trading
Axi
Nadex
VPS
Axi
Nadex
PAMM/MAM Accounts
Axi
Nadex
Binary Options
Account
Axi
—
Nadex
Binary Options
Minimum Deposit
Axi
—
Nadex
$1
Option Types
Axi
—
Nadex
Binary Options, Call Spreads, Knock-Outs
Minimum Stake
Axi
—
Nadex
$1
Payout
Axi
—
Nadex
from 0% to 100%
Expiration Time
Axi
—
Nadex
from 5 minutes to 24 hours
Funding and Fees
| Feature | Axi | Nadex |
|---|---|---|
Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Debit Card, ACH Bank Transfer, Wire Transfer |
Inactivity fee | $10/month after 12 months of no trading activity | $10 per month after 12 months of inactivity |
Interest on margin | ||
Withdrawal fee | Wire withdrawal $25 |
Base currencies
Axi
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
Nadex
USD
Deposit and withdrawal methods
Axi
Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC)
Nadex
Debit Card, ACH Bank Transfer, Wire Transfer
Inactivity fee
Axi
$10/month after 12 months of no trading activity
Nadex
$10 per month after 12 months of inactivity
Interest on margin
Axi
Nadex
Withdrawal fee
Axi
Nadex
Wire withdrawal $25
Trading Platforms and Conditions
| Feature | Axi | Nadex |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform | Nadex Web Platform, NadexGo™ (iOS, Android) |
Execution Speed | - | 50 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | N/A |
Trading Platforms
Axi
MetaTrader 4 (MT4), Axi Trading Platform
Nadex
Nadex Web Platform, NadexGo™ (iOS, Android)
Execution Speed
Axi
-
Nadex
50 ms
Scalping
Axi
Nadex
Expert Advisors (EAs)
Axi
Nadex
Depth of Market (DOM)
Axi
Nadex
Spread
Axi
low
Nadex
N/A
Trading Assets
| Asset | Axi | Nadex |
|---|---|---|
Currencies | 69 | 11 |
Indices | 31 | 5 |
Stocks | 144 | 0 |
Cryptocurrencies | 35 | 18 |
Bonds | 0 | 0 |
Metals | 8 | 2 |
Energies | 5 | 2 |
Soft Commodities | 3 | 0 |
ETFs | 0 | 0 |
Currencies
Axi
69
Nadex
11
Indices
Axi
31
Nadex
5
Stocks
Axi
144
Nadex
0
Cryptocurrencies
Axi
35
Nadex
18
Bonds
Axi
0
Nadex
0
Metals
Axi
8
Nadex
2
Energies
Axi
5
Nadex
2
Soft Commodities
Axi
3
Nadex
0
ETFs
Axi
0
Nadex
0
Education and Analytics
| Feature | Axi | Nadex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Axi
Nadex
Indicators
Axi
Nadex
Robots
Axi
Nadex
Signals
Axi
Nadex
Autochartist
Axi
Nadex
Expert Analytics
Axi
Nadex
News Feed
Axi
Nadex
Education Articles
Axi
Nadex
Webinars
Axi
Nadex
Seminars
Axi
Nadex
Customer Support
| Contact | Axi | Nadex |
|---|---|---|
Email | service@axi.com | customerservice@nadex.com |
Phone | +61 2 9965 5830 | +1312-884-0100 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | TikTok | — |
Email
Phone
Nadex
Telegram
Axi
Nadex
—
TikTok
Axi
Nadex
—
Which Broker is Better?
After comparing Axi and Nadex, Axi comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.