Comparison of Axi and OANDA
| Feature | Axi | OANDA |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2001 |
| Broker Type | STP | STP |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA, ASIC, NZ FMA, DFSA, FCA | NFA, CFTC, ASIC, CIRO, FCA, JFSA, BVIFSC, MAS, KNF |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, fxTrade |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:200 |
| Minimum Deposit | $1 | $1 |
| Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, AUD, CHF, SGD, HKD |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill |
| Inactivity Fee | $10/month after 12 months of no trading activity | $10 per month after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | FSCS | UK Financial Services Compensation Scheme (FSCS) |
| Protection Size | £85 000 | £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, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Axi Review | OANDA 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 OANDA
OANDA is a globally recognized forex broker with a solid reputation for providing robust trading platforms and tools tailored to both beginner and professional traders. Established in 2001, OANDA has consistently positioned itself as a trusted broker, offering a wide range of trading instruments, including forex, indices, commodities, and cryptocurrencies. The broker is known for its user-friendly interface, competitive spreads, and advanced analytical tools, making it a popular choice among traders seeking reliable market access. OANDA is regulated by top-tier authorities like the CFTC, FCA, and ASIC, ensuring a high level of trust and transparency in its operations.
Pros
- Regulated by top-tier authorities (CFTC, FCA, ASIC)
- Competitive spreads and reliable pricing
- Access to both MetaTrader 4 (MT4) and a proprietary platform
- User-friendly trading interface suitable for beginners
- Comprehensive educational resources and market analysis tools
- A wide range of trading instruments, including forex, indices, commodities, and cryptocurrencies
- No minimum deposit requirement for most accounts
- Strong focus on transparency and customer support
Cons
- Limited account types compared to some competitors
- Some advanced tools may require additional subscriptions
Axi & OANDA Regulation
| Feature | Axi | OANDA |
|---|---|---|
Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) | OANDA Corporation, OANDA Australia Pty Ltd, OANDA (Canada) Corporation ULC, OANDA Europe Limited, OANDA Japan Co., Ltd, OANDA Global Markets Ltd, OANDA Asia Pacific Pte Ltd, OANDA TMS Brokers S.A. |
Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland |
Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | NFA, CFTC, ASIC, CIRO, FCA, JFSA, BVIFSC, MAS, KNF |
Investor Protection | FSCS | UK Financial Services Compensation Scheme (FSCS) |
Investor Protection Size | £85 000 | £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)
OANDA
OANDA Corporation, OANDA Australia Pty Ltd, OANDA (Canada) Corporation ULC, OANDA Europe Limited, OANDA Japan Co., Ltd, OANDA Global Markets Ltd, OANDA Asia Pacific Pte Ltd, OANDA TMS Brokers S.A.
Countries
Axi
St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom
OANDA
United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland
Regulators
Axi
SVGFSA, ASIC, NZ FMA, DFSA, FCA
OANDA
NFA, CFTC, ASIC, CIRO, FCA, JFSA, BVIFSC, MAS, KNF
Investor Protection
Axi
FSCS
OANDA
UK Financial Services Compensation Scheme (FSCS)
Investor Protection Size
Axi
£85 000
OANDA
£85 000
Publicly Traded
Axi
OANDA
Segregated Accounts
Axi
OANDA
Guaranteed Stop Loss
Axi
OANDA
Negative Balance Protection
Axi
OANDA
Account Types
| Account | Axi | OANDA |
|---|---|---|
STP Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $1 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 0.5 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:200 |
| Stop Out | 20% | 50% |
| Margin Call | 100% | 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 | ||
STP Account
Account Name
Axi
Standard
OANDA
Standard
Min Deposit
Axi
$1
OANDA
$1
Lot Size
Axi
0.01
OANDA
0.01
Spread Type
Axi
Floating
OANDA
Floating
Execution
Axi
Market
OANDA
Market
Min Spread
Axi
0.9
OANDA
0.5
Fee
Axi
No
OANDA
No
Max Leverage
Axi
1:500
OANDA
1:200
Stop Out
Axi
20%
OANDA
50%
Margin Call
Axi
100%
OANDA
100%
Zero Account
Account Name
Axi
Pro
OANDA
—
Min Deposit
Axi
$1
OANDA
—
Lot Size
Axi
0.01
OANDA
—
Spread Type
Axi
Floating
OANDA
—
Execution
Axi
Market
OANDA
—
Min Spread
Axi
0.0
OANDA
—
Fee
Axi
$7 per 1 lot
OANDA
—
Max Leverage
Axi
1:500
OANDA
—
Stop Out
Axi
20%
OANDA
—
Margin Call
Axi
100%
OANDA
—
Additional Features
Demo Account
Axi
OANDA
VIP Account
Axi
OANDA
Swap-Free Account
Axi
OANDA
Copy Trading
Axi
OANDA
VPS
Axi
OANDA
PAMM/MAM Accounts
Axi
OANDA
Funding and Fees
| Feature | Axi | OANDA |
|---|---|---|
Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, AUD, CHF, SGD, HKD |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill |
Inactivity fee | $10/month after 12 months of no trading activity | $10 per month after 12 months |
Interest on margin | ||
Withdrawal fee |
Base currencies
Axi
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
OANDA
USD, EUR, AUD, CHF, SGD, HKD
Deposit and withdrawal methods
Axi
Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC)
OANDA
Bank Wire, Credit Card, Debit Card, Neteller, Skrill
Inactivity fee
Axi
$10/month after 12 months of no trading activity
OANDA
$10 per month after 12 months
Interest on margin
Axi
OANDA
Withdrawal fee
Axi
OANDA
Trading Platforms and Conditions
| Feature | Axi | OANDA |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, fxTrade |
Execution Speed | - | 12 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Axi
MetaTrader 4 (MT4), Axi Trading Platform
OANDA
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, fxTrade
Execution Speed
Axi
-
OANDA
12 ms
Scalping
Axi
OANDA
Expert Advisors (EAs)
Axi
OANDA
Depth of Market (DOM)
Axi
OANDA
Spread
Axi
low
OANDA
low
Trading Assets
| Asset | Axi | OANDA |
|---|---|---|
Currencies | 69 | 48 |
Indices | 31 | 18 |
Stocks | 144 | 1607 |
Cryptocurrencies | 35 | 18 |
Bonds | 0 | 0 |
Metals | 8 | 3 |
Energies | 5 | 3 |
Soft Commodities | 3 | 4 |
ETFs | 0 | 0 |
Currencies
Axi
69
OANDA
48
Indices
Axi
31
OANDA
18
Stocks
Axi
144
OANDA
1607
Cryptocurrencies
Axi
35
OANDA
18
Bonds
Axi
0
OANDA
0
Metals
Axi
8
OANDA
3
Energies
Axi
5
OANDA
3
Soft Commodities
Axi
3
OANDA
4
ETFs
Axi
0
OANDA
0
Education and Analytics
| Feature | Axi | OANDA |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Axi
OANDA
Indicators
Axi
OANDA
Robots
Axi
OANDA
Signals
Axi
OANDA
Autochartist
Axi
OANDA
Expert Analytics
Axi
OANDA
News Feed
Axi
OANDA
Education Articles
Axi
OANDA
Webinars
Axi
OANDA
Seminars
Axi
OANDA
Customer Support
| Contact | Axi | OANDA |
|---|---|---|
Email | service@axi.com | frontdesk@oanda.com |
Phone | +61 2 9965 5830 | +442031512050 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | TikTok | — |
Email
Phone
OANDA
Telegram
Axi
OANDA
—
TikTok
Axi
OANDA
—
Which Broker is Better?
After comparing Axi and OANDA, OANDA 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.