Absolute Markets vs Axi
Absolute Markets or Axi – which is better for UK traders 2024? Compare Absolute Markets and Axi in this detailed breakdown of their platforms, features and fees.
Absolute Markets | Axi |
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Absolute Markets is ranked #96 among CFD brokers. | Axi is ranked #29 among CFD brokers. |
Absolute Markets has closed or no longer accepts UK clients.
Absolute Markets is a multi-asset broker offering the MT4 platform, copy trading and ultra-fast trade executions. |
Axi is a global forex and CFD trading firm, founded in 2007 in Sydney, Australia. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular choice among 60,000+ traders worldwide. Axi also stands out for its resources, including copy trading and Autochartist. |
81.6% of retail investor accounts lose money when trading CFDs with this provider | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
CFDs on forex, indices, shares, commodities, cryptocurrencies, futures | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $0 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
SVGFSA | FCA, ASIC, DFSA, FMA |
Mobile Apps | |
iOS & Android | iOS & Android |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | No |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Myfxbook plus Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Copy trading services are offered within the proprietary WebTrader platform. Follow leading investors or create strategies and earn a profit client that copy your positions. | After partnering with Pelican Trading, Axi remains a strong option for traders seeking a reputable copy trading service. The user-friendly app requires no minimum deposit and connects seamlessly to your MT4 trading account. |
Social Trading | |
Yes | Yes |
Trade Signals | |
TradingView | Yes - on MT4 |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Absolute Markets offers competitive trading conditions on a range of contracts for difference. | Axi offers 220+ products covering forex, shares, commodities, indices and cryptos. Spreads on EUR/USD come in at around 0.2 pips in the Pro account and 1.1 pips in the Standard account. These are competitive and aligned with equivalent accounts at leading low-cost brokers like Pepperstone. |
Leverage | |
1:1000 | 1:400 |
FTSE Spread | |
From 1.2 pips | from 100 (floating) |
GBPUSD Spread< | |
From 1.2 pips | from 0.6 pips (floating) |
Oil Spread | |
From 1.2 pips | from 0 pips (floating) |
Stocks Spread | |
Variable | Variable |
Forex | |
Speculate on 200+ major and minor currency pairs with variable spreads based on the account type. | Axi continues to offer a strong selection of 70+ currency pairs - more than many top brokers including award-winner AvaTrade, with only 50+. There are no restrictions on trading strategies including algo trading and scalping, which will serve both short-term and long-term traders. |
Assets | |
200+ | 70+ |
GBPUSD Spread | |
From 1.2 pips | from 0.6 pips (floating) |
EURUSD Spread | |
From 1.2 pips | from 0.2 pips (floating) |
EURGBP Spread | |
From 1.2 pips | from 0.5 pips (floating) |
Cryptocurrency | |
Trade popular crypto tokens against major currenciess | The broker offers a strong selection of 30 popular cryptos paired with fiat currencies, other tokens and metals. The high leverage up to 1:200 will serve experienced crypto traders, whilst the zero-commission pricing structure will appeal to beginners. |
Spread | |
Variable | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Absolute Markets | Axi |
81.6% of retail investor accounts lose money when trading CFDs with this provider | |
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