Amega vs Axi

Amega or Axi – which is better for UK traders 2025? Compare Amega and Axi in this detailed breakdown of their platforms, features and fees.

Amega vs Axi Comparison Table 2025
Amega Axi
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3.2
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3.7
Amega is ranked #34 among CFD brokers. Axi is ranked #27 among CFD brokers.
Review
Review
Amega, an offshore STP broker, provides CFD trading on forex, stocks, indices, and commodities with leverage reaching 1:1000 and a transparent zero-commission model. Traders use the MT5 platform for market access and can explore Amega's offerings via a demo account. Founded in 2007, Axi is a forex and CFD broker operating under multiple regulations. Over the years, it has enhanced the trading experience by broadening its stock offerings, upgrading the Axi Academy, and launching a proprietary copy trading app.
72.4% of retail investor accounts lose money when trading CFDs with this provider
Pros
  • Amega offers a variety of convenient payment options, from cryptocurrencies to global banking solutions, with a low minimum deposit of just $20.
  • The MetaTrader 5 platform excels in trading by offering low latency and advanced order types, alongside 128 indicators and 21 timeframes for precise analysis.
  • The One account offers simplicity for budding traders by providing access to a full array of forex, stocks, indices, and commodities. It comes with transparent pricing, devoid of hidden or swap fees, and offers a $1 cashback per lot traded.
  • Axi provides an excellent MT4 experience, enhanced by the NextGen plug-in for sophisticated order management and analytics, with low execution latency around 30ms.
  • Axi Academy offers a wealth of educational resources, from free eBooks and video tutorials to interactive quizzes. These are particularly beneficial for novice traders.
  • Based on our tests, Axi's new trading app is highly intuitive. It offers practical filtering options to align strategies with individual risk preferences.
  • Experienced traders are invited to join the Axi Select funded trader programme via the broker's international branch. This scheme offers up to $1 million in capital with the benefit of a 90% profit share.
Cons
  • Although Amega provides negative balance protection, it remains unauthorised by a credible regulator. This makes it a high-risk choice without investor protection.
  • While the collection of educational resources is expanding, it still trails well behind platforms like eToro, which provides quizzes, videos, and a social trading network for a comprehensive learning experience.
  • As brokers enhance their trading platforms and incorporate third-party solutions such as cTrader to cater to diverse trader demands, Amega lags with only offering MT5.
  • Axi lags by solely providing MT4, while competitors have upgraded to MT5, cTrader, TradingView, and bespoke platforms, delivering a smoother user experience with enhanced tools.
  • Even with the expansion of stock CFDs in the US, UK, and EU markets, its range still falls short compared to companies like BlackBull, which provide thousands of equities for varied trading opportunities.
  • Axi retains our confidence. However, recent issues with ASIC and FMA require it to maintain a secure environment and comply with licensing standards.
  • Although Axi delivers excellent performance, its support is not available 24/7. This unavailability can be inconvenient for traders operating in different time zones or requiring help beyond regular trading hours.
Awards
  • Best Forex Provider 2023 – Online Money Awards
  • Best MT4 Provider UK 2022 – International Business Magazine Awards
  • Best CFD Provider 2022 – Shares Awards
  • Best CFD Provider 2021 – Shares Awards
  • Most Transparent Forex Broker (Middle East) 2021 - Global Forex Awards
  • Best EMEA Region Broker 2020 - ADVFN International Financial Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Shares, Indices, Commodities, Cryptos CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
No Yes
Minimum Deposit
$20 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, FMA, DFSA, SVGFSA
Mobile Apps
iOS & Android iOS & Android
Trading App

Axi’s app delivers a smooth, efficient trading experience, integrating all the tools needed for active trading in global markets right from your palm. Benefiting from upgrades to fix bugs and improve speed, it now features push notifications, personalized watchlists, and educational videos, all within a user-friendly interface that really impresses.
iOS App Rating
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4.8
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3.6
Android App Rating
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4.8
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4.2
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
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 Expert Advisors (EAs) on MetaTrader, Myfxbook
Copy Trading
No Yes
Social Trading
No Yes
Trade Signals
MT5 MT4, Autochartist
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 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CHF
  • PLN
Commodities
  • Corn
  • Wheat
  • Sugar
  • Soybeans
  • Cocoa
  • Coffee
  • Gold
  • Silver
  • Palladium
  • Platinum
  • Oil
  • Gasoline
  • Natural Gas
  • Copper
  • Oil
  • Gold
  • Silver
  • Platinum
  • Cocoa
  • Coffee
  • Gasoline
  • Natural Gas
  • Precious Metals
CFD
Trade CFDs on over 100 instruments across popular asset classes. Precious metals offer leverage up to 1:200. Stocks, indices, and energies provide maximum leverage of 1:20, whereas commodities allow up to 1:10. However, the asset range is narrower compared to other CFD brokers. Axi provides an expanding range of CFDs on currencies, shares, indices, commodities, and cryptocurrencies, subject to location. Designed for active traders, it imposes no limits on scalping or algorithmic strategies, offers significant leverage, and ensures rapid execution with latency below 100ms.
Leverage
1:1000 1:30
FTSE Spread
From 0.8 pips 1.0
GBPUSD Spread<
From 0.8 pips 0.6
Oil Spread
From 0.8 pips 0.03
Stocks Spread
From 0.8 pips 0.07
Forex
Amega provides an extensive range of currency pairs, over 70 forex CFDs, which is notable for an unregulated broker. Traders can benefit from up to 1:1000 leverage, no commissions, and competitive spreads starting at 0.8 pips. Additionally, traders have the advantage of using MT5, an enhanced and quicker version of MT4. Axi excels with over 70 currency pairs, outpacing competitors such as AvaTrade, which provides just over 50. Coupled with the enhanced MT4 platform via the NextGen add-on, Axi stands out as a top choice for forex traders.
Assets
70+ 70+
GBPUSD Spread
0.8 0.5
EURUSD Spread
0.8 0.2
EURGBP Spread
0.8 0.5
Cryptocurrency
Trade major digital tokens against fiat currencies. Opt to buy or sell Bitcoin and receive instant cashback for high-volume trades, available 24/7. For lesser-known tokens, traders should consider alternative platforms. Axi offers round-the-clock short-term trading on 30 popular cryptocurrencies paired with fiat currencies, other tokens, and metals. It distinguishes itself with leverage options up to 1:200 for experienced crypto traders, enhancing both potential gains and risks.
Spread
From 0.8 pips From 0.0
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
  • BNB
  • BTC
  • LTC
  • OMG
  • FTT
  • BTC
  • BCH
  • DOG
  • LTC
  • XLM
  • AAVE
  • COMP
  • LRC
  • MKR
  • SUSHI
  • UNI
  • BAT
  • CRV
  • ENJ
  • LNK
  • MANA
  • MATIC
  • SAND
  • XRP
  • LNK
  • XRP
  • KSM
  • AVAX
  • ETH
  • SOL
  • XTZ
  • ADA
  • DOT
  • EOS
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Amega Axi
Review
Review
72.4% of retail investor accounts lose money when trading CFDs with this provider
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