Comparison of Axi and Saxo
| Feature | Axi | Saxo |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 1992 |
| Broker Type | STP | DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA, ASIC, NZ FMA, DFSA, FCA | Danish FSA, FCA, MAS, FINMA |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | SaxoTraderGO, SaxoTraderPRO, TradingView |
| Spread | ⬊ Low | ⮕ Average |
| Maximum Leverage | 1:500 | 1:30 |
| Minimum Deposit | $1 | $1 |
| Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, GBP, CHF, JPY, AUD, SGD, HKD, DKK, SEK, NOK |
| 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 |
| Inactivity Fee | $10/month after 12 months of no trading activity | ✖ |
| Interest on Margin | ✖ | ✔ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | FSCS | Danish Guarantee Fund, UK FSCS |
| Protection Size | £85 000 | DKK 100 000 / £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, Stocks, ETFs, Bonds, Options, Futures, Commodities, Cryptocurrencies |
| Review | Axi Review | Saxo 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 Saxo
Saxo is a Danish multi-asset broker and fully licensed bank offering Direct Market Access across more than 190 FX pairs, 19 000+ equities and thousands of other instruments. Regulated by the Danish FSA, FCA, MAS and FINMA, Saxo provides the award-winning SaxoTraderGO/PRO platforms plus TradingView connectivity. Its Classic account has no minimum deposit, floating FX spreads from 0.9 pips and leverage up to 1:30, while Platinum and VIP tiers unlock tighter pricing and premium service. Traders benefit from segregated client funds, negative-balance protection in the EU, rich analytics and extensive education.
Pros
- Bank-grade regulation (DK FSA, FCA, MAS, FINMA)
- No-minimum Classic account; tight DMA pricing
- 190+ FX pairs and 40 000+ instruments overall
- SaxoTraderGO/PRO plus TradingView integration
- Tiered positive-balance interest on cash
- Extensive research, webinars and market tools
Cons
- High deposits (USD 200k / 1 M) for better Platinum / VIP pricing
- No MetaTrader support
- Islamic swap-free accounts not available
Axi & Saxo Regulation
| Feature | Axi | Saxo |
|---|---|---|
Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) | Saxo Bank A/S |
Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Denmark, United Kingdom, Singapore, Australia, Switzerland, UAE, Hong Kong, Japan, Germany, France |
Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | Danish FSA, FCA, MAS, FINMA |
Investor Protection | FSCS | Danish Guarantee Fund, UK FSCS |
Investor Protection Size | £85 000 | DKK 100 000 / £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)
Saxo
Saxo Bank A/S
Countries
Axi
St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom
Saxo
Denmark, United Kingdom, Singapore, Australia, Switzerland, UAE, Hong Kong, Japan, Germany, France
Regulators
Axi
SVGFSA, ASIC, NZ FMA, DFSA, FCA
Saxo
Danish FSA, FCA, MAS, FINMA
Investor Protection
Axi
FSCS
Saxo
Danish Guarantee Fund, UK FSCS
Investor Protection Size
Axi
£85 000
Saxo
DKK 100 000 / £85 000
Publicly Traded
Axi
Saxo
Segregated Accounts
Axi
Saxo
Guaranteed Stop Loss
Axi
Saxo
Negative Balance Protection
Axi
Saxo
Account Types
| Account | Axi | Saxo |
|---|---|---|
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% | — |
DMA Account | ||
| Account Name | — | Classic |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.9 |
| Fee | — | No |
| Max Leverage | — | 1:30 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Axi
Standard
Saxo
—
Min Deposit
Axi
$1
Saxo
—
Lot Size
Axi
0.01
Saxo
—
Spread Type
Axi
Floating
Saxo
—
Execution
Axi
Market
Saxo
—
Min Spread
Axi
0.9
Saxo
—
Fee
Axi
No
Saxo
—
Max Leverage
Axi
1:500
Saxo
—
Stop Out
Axi
20%
Saxo
—
Margin Call
Axi
100%
Saxo
—
Zero Account
Account Name
Axi
Pro
Saxo
—
Min Deposit
Axi
$1
Saxo
—
Lot Size
Axi
0.01
Saxo
—
Spread Type
Axi
Floating
Saxo
—
Execution
Axi
Market
Saxo
—
Min Spread
Axi
0.0
Saxo
—
Fee
Axi
$7 per 1 lot
Saxo
—
Max Leverage
Axi
1:500
Saxo
—
Stop Out
Axi
20%
Saxo
—
Margin Call
Axi
100%
Saxo
—
DMA Account
Account Name
Axi
—
Saxo
Classic
Min Deposit
Axi
—
Saxo
$1
Lot Size
Axi
—
Saxo
0.01
Spread Type
Axi
—
Saxo
Floating
Execution
Axi
—
Saxo
Market
Min Spread
Axi
—
Saxo
0.9
Fee
Axi
—
Saxo
No
Max Leverage
Axi
—
Saxo
1:30
Stop Out
Axi
—
Saxo
50%
Margin Call
Axi
—
Saxo
100%
Additional Features
Demo Account
Axi
Saxo
VIP Account
Axi
Saxo
Swap-Free Account
Axi
Saxo
Copy Trading
Axi
Saxo
VPS
Axi
Saxo
PAMM/MAM Accounts
Axi
Saxo
Funding and Fees
| Feature | Axi | Saxo |
|---|---|---|
Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR, GBP, CHF, JPY, AUD, SGD, HKD, DKK, SEK, NOK |
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 |
Inactivity fee | $10/month after 12 months of no trading activity | |
Interest on margin | ||
Withdrawal fee |
Base currencies
Axi
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
Saxo
USD, EUR, GBP, CHF, JPY, AUD, SGD, HKD, DKK, SEK, NOK
Deposit and withdrawal methods
Axi
Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC)
Saxo
Bank Wire, Credit Card, Debit Card
Inactivity fee
Axi
$10/month after 12 months of no trading activity
Saxo
Interest on margin
Axi
Saxo
Withdrawal fee
Axi
Saxo
Trading Platforms and Conditions
| Feature | Axi | Saxo |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform | SaxoTraderGO, SaxoTraderPRO, TradingView |
Execution Speed | - | 9 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Platforms
Axi
MetaTrader 4 (MT4), Axi Trading Platform
Saxo
SaxoTraderGO, SaxoTraderPRO, TradingView
Execution Speed
Axi
-
Saxo
9 ms
Scalping
Axi
Saxo
Expert Advisors (EAs)
Axi
Saxo
Depth of Market (DOM)
Axi
Saxo
Spread
Axi
low
Saxo
average
Trading Assets
| Asset | Axi | Saxo |
|---|---|---|
Currencies | 69 | 190 |
Indices | 31 | 29 |
Stocks | 144 | 19000 |
Cryptocurrencies | 35 | 20 |
Bonds | 0 | 5000 |
Metals | 8 | 4 |
Energies | 5 | 5 |
Soft Commodities | 3 | 8 |
ETFs | 0 | 3000 |
Currencies
Axi
69
Saxo
190
Indices
Axi
31
Saxo
29
Stocks
Axi
144
Saxo
19000
Cryptocurrencies
Axi
35
Saxo
20
Bonds
Axi
0
Saxo
5000
Metals
Axi
8
Saxo
4
Energies
Axi
5
Saxo
5
Soft Commodities
Axi
3
Saxo
8
ETFs
Axi
0
Saxo
3000
Education and Analytics
| Feature | Axi | Saxo |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Axi
Saxo
Indicators
Axi
Saxo
Robots
Axi
Saxo
Signals
Axi
Saxo
Autochartist
Axi
Saxo
Expert Analytics
Axi
Saxo
News Feed
Axi
Saxo
Education Articles
Axi
Saxo
Webinars
Axi
Saxo
Seminars
Axi
Saxo
Customer Support
| Contact | Axi | Saxo |
|---|---|---|
Email | service@axi.com | salesCEE@saxobank.com |
Phone | +61 2 9965 5830 | +4539774113 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | — |
Instagram | — | |
Twitter | ||
TikTok | TikTok | — |
Email
Phone
Saxo
Telegram
Axi
Saxo
—
YouTube
Axi
Saxo
—
Instagram
Axi
Saxo
—
TikTok
Axi
Saxo
—
Which Broker is Better?
After comparing Axi and Saxo, Saxo 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.