Comparison of Axi and TeleTrade
| Feature | Axi | TeleTrade |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2000 |
| Broker Type | STP | STP, ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA, ASIC, NZ FMA, DFSA, FCA | SVGFSA |
| Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $1 | $1 |
| Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Credit/Debit Card, Skrill, Perfect Money, WebMoney, FasaPay, Bitoin (BTC), Tether (USDT) |
| Inactivity Fee | $10/month after 12 months of no trading activity | May apply after prolonged inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | 2% |
| 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, Metals, Energies, Indices, Stocks (CFDs), Soft Commodities, Bonds, Cryptocurrencies |
| Review | Axi Review | TeleTrade 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 TeleTrade
TeleTrade is a long-standing forex and CFD brand on MT4/MT5 with three live account options and a very low entry threshold. The Standard account targets simplicity with floating spreads from ~1.7 pips and no commission; the NDD account offers tighter quotes from ~0.8 pips with a fixed $7 round-turn commission; and the ECN account delivers raw-style pricing from ~0.2 pips with a fixed $8 round-turn commission. Leverage on the global site is up to 1:500, margin call levels are set around 70% with stop-out between 20–50% depending on the account. Copy trading is available via the Synchronous Trading service.
Pros
- Very low minimum deposit and three clear account choices
- MT4/MT5 support, scalping and EAs allowed
- Negative balance protection and segregated accounts
- Copy trading via Synchronous Trading
- Broad symbol list including FX, indices, metals, stocks and 70+ crypto CFDs
Cons
- Offshore regulation
- Swap-free accounts not available
- Fewer built-in tools, webinars not offered
- Processor fees may apply on deposits/withdrawals depending on the method
Axi & TeleTrade Regulation
| Feature | Axi | TeleTrade |
|---|---|---|
Companies | AxiTrader Limited (AxiTrader), AxiCorp Financial Services Pty Ltd (AFSPL), AxiCorp Financial Services Pty Ltd (DIFC Branch), Axi Financial Services (UK) | Teletrade D.J. Limited |
Countries | St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Saint Vincent and the Grenadines |
Regulators | SVGFSA, ASIC, NZ FMA, DFSA, FCA | SVGFSA |
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)
TeleTrade
Teletrade D.J. Limited
Countries
Axi
St. Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom
TeleTrade
Saint Vincent and the Grenadines
Regulators
Axi
SVGFSA, ASIC, NZ FMA, DFSA, FCA
TeleTrade
SVGFSA
Investor Protection
Axi
FSCS
TeleTrade
-
Investor Protection Size
Axi
£85 000
TeleTrade
-
Publicly Traded
Axi
TeleTrade
Segregated Accounts
Axi
TeleTrade
Guaranteed Stop Loss
Axi
TeleTrade
Negative Balance Protection
Axi
TeleTrade
Account Types
| Account | Axi | TeleTrade |
|---|---|---|
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 | 1.7 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 20% | 50% |
| Margin Call | 100% | 70% |
ECN Account | ||
| Account Name | — | ECN |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.2 |
| Fee | — | $8 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 20% |
| Margin Call | — | 70% |
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 | — | NDD |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.8 |
| Fee | — | $7 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 20% |
| Margin Call | — | 70% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Axi
Standard
TeleTrade
Standard
Min Deposit
Axi
$1
TeleTrade
$1
Lot Size
Axi
0.01
TeleTrade
0.01
Spread Type
Axi
Floating
TeleTrade
Floating
Execution
Axi
Market
TeleTrade
Market
Min Spread
Axi
0.9
TeleTrade
1.7
Fee
Axi
No
TeleTrade
No
Max Leverage
Axi
1:500
TeleTrade
1:500
Stop Out
Axi
20%
TeleTrade
50%
Margin Call
Axi
100%
TeleTrade
70%
ECN Account
Account Name
Axi
—
TeleTrade
ECN
Min Deposit
Axi
—
TeleTrade
$1
Lot Size
Axi
—
TeleTrade
0.01
Spread Type
Axi
—
TeleTrade
Floating
Execution
Axi
—
TeleTrade
Market
Min Spread
Axi
—
TeleTrade
0.2
Fee
Axi
—
TeleTrade
$8 per 1 lot
Max Leverage
Axi
—
TeleTrade
1:500
Stop Out
Axi
—
TeleTrade
20%
Margin Call
Axi
—
TeleTrade
70%
Zero Account
Account Name
Axi
Pro
TeleTrade
—
Min Deposit
Axi
$1
TeleTrade
—
Lot Size
Axi
0.01
TeleTrade
—
Spread Type
Axi
Floating
TeleTrade
—
Execution
Axi
Market
TeleTrade
—
Min Spread
Axi
0.0
TeleTrade
—
Fee
Axi
$7 per 1 lot
TeleTrade
—
Max Leverage
Axi
1:500
TeleTrade
—
Stop Out
Axi
20%
TeleTrade
—
Margin Call
Axi
100%
TeleTrade
—
DMA Account
Account Name
Axi
—
TeleTrade
NDD
Min Deposit
Axi
—
TeleTrade
$1
Lot Size
Axi
—
TeleTrade
0.01
Spread Type
Axi
—
TeleTrade
Floating
Execution
Axi
—
TeleTrade
Market
Min Spread
Axi
—
TeleTrade
0.8
Fee
Axi
—
TeleTrade
$7 per 1 lot
Max Leverage
Axi
—
TeleTrade
1:500
Stop Out
Axi
—
TeleTrade
20%
Margin Call
Axi
—
TeleTrade
70%
Additional Features
Demo Account
Axi
TeleTrade
VIP Account
Axi
TeleTrade
Swap-Free Account
Axi
TeleTrade
Copy Trading
Axi
TeleTrade
VPS
Axi
TeleTrade
PAMM/MAM Accounts
Axi
TeleTrade
Funding and Fees
| Feature | Axi | TeleTrade |
|---|---|---|
Base currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | USD, EUR |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC) | Bank Wire, Credit/Debit Card, Skrill, Perfect Money, WebMoney, FasaPay, Bitoin (BTC), Tether (USDT) |
Inactivity fee | $10/month after 12 months of no trading activity | May apply after prolonged inactivity |
Interest on margin | ||
Withdrawal fee | 2% |
Base currencies
Axi
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
TeleTrade
USD, EUR
Deposit and withdrawal methods
Axi
Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, PayPal, Bpay, FasaPay, Alipay, Sofort, POLi, Bitcoin (BTC)
TeleTrade
Bank Wire, Credit/Debit Card, Skrill, Perfect Money, WebMoney, FasaPay, Bitoin (BTC), Tether (USDT)
Inactivity fee
Axi
$10/month after 12 months of no trading activity
TeleTrade
May apply after prolonged inactivity
Interest on margin
Axi
TeleTrade
Withdrawal fee
Axi
TeleTrade
2%
Trading Platforms and Conditions
| Feature | Axi | TeleTrade |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), Axi Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Axi
MetaTrader 4 (MT4), Axi Trading Platform
TeleTrade
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
Axi
-
TeleTrade
-
Scalping
Axi
TeleTrade
Expert Advisors (EAs)
Axi
TeleTrade
Depth of Market (DOM)
Axi
TeleTrade
Spread
Axi
low
TeleTrade
low
Trading Assets
| Asset | Axi | TeleTrade |
|---|---|---|
Currencies | 69 | 76 |
Indices | 31 | 26 |
Stocks | 144 | 146 |
Cryptocurrencies | 35 | 79 |
Bonds | 0 | 3 |
Metals | 8 | 17 |
Energies | 5 | 4 |
Soft Commodities | 3 | 7 |
ETFs | 0 | 0 |
Currencies
Axi
69
TeleTrade
76
Indices
Axi
31
TeleTrade
26
Stocks
Axi
144
TeleTrade
146
Cryptocurrencies
Axi
35
TeleTrade
79
Bonds
Axi
0
TeleTrade
3
Metals
Axi
8
TeleTrade
17
Energies
Axi
5
TeleTrade
4
Soft Commodities
Axi
3
TeleTrade
7
ETFs
Axi
0
TeleTrade
0
Education and Analytics
| Feature | Axi | TeleTrade |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Axi
TeleTrade
Indicators
Axi
TeleTrade
Robots
Axi
TeleTrade
Signals
Axi
TeleTrade
Autochartist
Axi
TeleTrade
Expert Analytics
Axi
TeleTrade
News Feed
Axi
TeleTrade
Education Articles
Axi
TeleTrade
Webinars
Axi
TeleTrade
Seminars
Axi
TeleTrade
Customer Support
| Contact | Axi | TeleTrade |
|---|---|---|
Email | service@axi.com | — |
Phone | +61 2 9965 5830 | — |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | — |
Instagram | — | |
Twitter | — | |
TikTok | TikTok | — |
Email
TeleTrade
—
Phone
TeleTrade
—
Telegram
Axi
TeleTrade
—
Facebook
Axi
TeleTrade
—
LinkedIn
Axi
TeleTrade
—
YouTube
Axi
TeleTrade
—
Instagram
Axi
TeleTrade
—
Twitter
Axi
TeleTrade
—
TikTok
Axi
TeleTrade
—
Which Broker is Better?
After comparing Axi and TeleTrade, 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.
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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.