Established in 2008, NordFX is an offshore CFD brokerage catering to over 1.7 million clients across 190 countries. It provides trading opportunities in forex, stocks, commodities, indices, and cryptocurrencies. Traders use the MT4 and MT5 platforms, benefiting from zero spreads and minimal commissions. The company offers significant leverage of up to 1:1000, with initial deposits starting at just $10.
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
NordFX has enhanced its offerings by introducing Pro accounts, which utilise spread-only pricing. Additionally, Zero accounts now provide spreads starting from 0.0 on popular assets such as EUR/USD.
The simple copy trading service attracts novice traders seeking to learn from experts, requiring only a $100 initial deposit.
A diverse selection of over 25 payment methods, including local bank transfers, ensures a seamless account funding process with no fees and rapid processing times.
NordFX has enhanced its charting tools for seasoned traders by incorporating MT5 alongside MT4, offering quicker, multi-threaded processing.
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
The primary issue is insufficient regulatory oversight. NordFX clients may lack protections like statutory investor compensation during broker insolvency, a safeguard required by leading regulators.
With approximately 100 instruments, NordFX’s market coverage is limited compared to leading offshore MetaTrader brokers we've reviewed. Its offering of approximately 20 shares is notably lacking.
While NordFX provides competitive pricing with its Zero accounts, it lags behind more cost-effective brokers such as IC Markets. Conversely, its Pro accounts come with some of the highest spreads in the market, starting from 10 pips.
Customer support requires improvement. Our extensive testing revealed unanswered emails and live chat responses delayed over 10 minutes.
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
Most Reliable Forex Broker Asia 2025 - Finance Derivative Awards
Best Fastest Payout 2025 - Forex Expo Dubai
Most Reliable Forex Broker Latam 2024 - International Business Magazine Awards
Best Crypto Broker South East Asia 2024 - Finance Derivative Awards
Most Transparent Forex Brokerage Company UAE 2023 - Finance Derivative Awards
Best CFD Broker Asia 2023 - International Business Magazine Awards
Most Reliable Forex Broker Latam 2023 - International Business Magazine Awards
Most Reliable Forex Broker Asia 2022 - Finance Derivative Awards
Best Execution Broker LATAM 2022 - International Business Magazine Awards
THE BIZZ Business Excellence Award 2022 - World Confederation of Businesses
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
Axi's app offers a seamless trading experience, combining essential tools for active global market trading in one place. Enhanced with bug fixes and improved speed, it now includes push notifications, custom watchlists, and educational videos, all within an impressive user-friendly interface.
iOS App Rating
4.8
3.6
Android App Rating
4.4
4.2
Margin Trading
Yes
Yes
MetaTrader 4
Yes
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
No
Yes
ECN Account
Yes
No
DMA Account
No
No
MAM Account
No
Yes
PAMM Account
Yes
Yes
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
Yes
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
Yes
Yes
Copy Trading Platform
Follow seasoned traders by mirroring their moves with real-time alerts. A fee of at least 10% applies to profitable trades. New users can begin with an attractive minimum deposit of just $100.
Social Trading
Yes
Yes
Trade Signals
Yes (via MetaQuotes Software Corp - MT4)
MT4, Autochartist
VPS Hosting
No
Yes
Tournaments
No
No
Demo Competitions
Yes
Yes
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$10
Islamic Account
No
Yes
Account Currencies
USD
USD
EUR
GBP
CHF
PLN
Commodities
Oil
Silver
Gold
Copper
Oil
Gold
Silver
Platinum
Cocoa
Coffee
Gasoline
Natural Gas
Precious Metals
CFD
CFDs cover forex, stocks, indices, metals, oil, and cryptocurrencies, accessible on MT4 and MT5 platforms. Execution is swift, averaging 0.5 seconds.
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
-
1.0
GBPUSD Spread<
0.1
0.6
Oil Spread
0.0
0.03
Stocks Spread
0.0
0.07
Forex
NordFX provides a limited selection of over 30 major and minor forex pairs. Unfortunately, it does not include any exotic pairs. However, traders benefit from competitive tight spreads starting at 0.0 pips and low commissions from 0.0035% per side. Additionally, the platform offers valuable weekly forecasts on key forex pairs such as EUR/USD.
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
30+
70+
GBPUSD Spread
0.4
0.5
EURUSD Spread
0.0
0.2
EURGBP Spread
0.2
0.5
Cryptocurrency
NordFX provides 13 cryptocurrency CFDs, paired with USD, such as BTC, DOGE, LINK, and ETH. While the range is limited, traders can benefit from high leverage up to 1:1000. Additionally, a crypto-based savings account offers daily interest payouts.
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.