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.
Trading 212 is a European and UK-regulated CFD broker that also offers stock investing and ISAs. It’s best known for its commission-free trading model and beginner-friendly app, which has helped it attract 2.5 million users and £3.5 billion in client assets.
81.6% of retail investor accounts lose money when trading CFDs with this provider
Pros
A strong range of advanced tools are available for experienced traders, including the Autochartist market scanner, VPS solutions and exclusive MT4 NexGen features
The broker's inactivity fee terms are fairly generous, only charging a $10 fee after a long inactivity period of 12 months - some brokers charge after only 3 months
The broker’s free trading resources are geared towards short-term traders, including various market calendars and dividend forecast schedules
Experienced traders can benefit from the Axi Select funded trader programme, offering funding up to $1 million and up to 90% profit share
The $0 minimum deposit, zero-commission pricing structure, and user-friendly copy trading service will appeal to beginners
Traders can choose between 10 base account currencies plus a wide range of free deposit methods, including cryptos
Among other educational resources, there’s an excellent selection of free eBooks for newly registered beginners
Axi is a well-regulated and established broker, with a strong track record since 2007
One of the standout features of Trading 212 is its commission-free trading, meaning you can buy and sell stocks, ETFs, and other financial instruments without incurring traditional brokerage fees
Trading 212 has an intuitive and user-friendly platform that is especially accessible for beginners, with a straightforward layout and a reasonable range of tools for analysis
The platform offers a good suite of instruments, including stocks, indices, ETFs, currencies, commodities, and CFDs. This variety can help you to create a diversified investment portfolio
A sleek mobile app lets you trade on the go. It’s well-designed and offers features similar to the web platform, making it convenient if you prefer mobile trading
Up to 5.1% interest on uninvested cash is available, appealing to hands-off investors
Cons
There's a limited choice of third-party charting platforms compared to other brands, with only MT4 available alongside the proprietary app
The demo account expires after only 30 days - many alternative brokers that we test allow you to practice for 60 days or more
The tightest round-trip commission fees of $3.50 are only available to those who can deposit $25,000
The Axi Select program requires a $500 minimum deposit to enter the first Seed stage
Experienced traders who rely on sophisticated technical analysis tools will find Trading 212’s charting features to be somewhat basic, especially compared to alternatives like IG
While Trading 212 offers leveraged trading through CFDs, there are restrictions on leverage for certain instruments. If you want high leverage for your strategies, you will find these limitations constraining
There’s no copy trading, a significant drawback given Trading 212's client base is largely beginners and brokers like eToro offer this feature
There is no support for algorithmic or automated trading, nor third-party apps like MetaTrader 4, which will deter advanced traders. IC Markets ticks these boxes
Awards
Best EMEA Region Broker - ADVFN International Financial Awards, 2020
Best Forex Broker Middle East - forex-awards.com, 2019
Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.
iOS App Rating
2.5
Android App Rating
3.4
Margin Trading
Yes
Yes
MetaTrader 4
Yes
No
MetaTrader 5
No
No
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
No
Autochartist
Yes
No
eSignal
No
No
Trading Central
No
No
STP Account
No
Yes
ECN Account
Yes
No
DMA Account
No
No
MAM Account
Yes
No
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
Yes
P2P Trading
No
No
Spot Trading
Yes
No
Auto Trading
Myfxbook plus Expert Advisors (EAs) on MetaTrader
AutoInvest Portfolio
Copy Trading
Yes
No
Copy Trading Platform
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
Yes - on MT4
VPS Hosting
Yes
No
Tournaments
No
No
Demo Competitions
Yes
No
Ethical Investing
No
Yes
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Islamic Account
Yes
No
Account Currencies
USD
EUR
GBP
CAD
AUD
JPY
CHF
HKD
SGD
USD
EUR
GBP
CAD
SEK
NOK
DKK
CHF
PLN
CZK
HUF
Commodities
Copper
Oil
Gold
Silver
Platinum
Cocoa
Coffee
Gasoline
Natural Gas
Precious Metals
Gold
Silver
Gasoline
Oil
Copper
Palladium
Coffee
Cotton
Platinum
Corn
Sugar
Cocoa
Livestock
Wheat
Soybeans
Natural Gas
Lead
CFD
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.
Engage in leveraged CFD trading across a wide array of instruments, encompassing forex, stocks, commodities, and indices. Yet while the selection of asset classes is satisfactory, the charting software and floating spreads for short-term traders fall behind that of competitors.
Leverage
1:400
1:30
FTSE Spread
from 100 (floating)
2.5
GBPUSD Spread<
from 0.6 pips (floating)
0.00028
Oil Spread
from 0 pips (floating)
0.4
Stocks Spread
Variable
0.2% Var
Forex
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.
Trade over 180 major, minor, and exotic forex pairs on the Trading 212 platform, featuring floating spreads and leverage up to 1:30. It’s important to note, though, that the forex broker has a history of adjusting margin requirements without providing adequate notice. As a result, CMC Markets is a better pick for forex traders with more currency pairs and a cleaner record.
Assets
70+
180+
GBPUSD Spread
from 0.6 pips (floating)
0.00028
EURUSD Spread
from 0.2 pips (floating)
0.00015
EURGBP Spread
from 0.5 pips (floating)
0.00044
Currency Indices
USD
Cryptocurrency
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.