Exness vs Axi Comparison & Reviews

Feature
Exness
Axi
Founded
2008
2007
Regulation
Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles)
Regulated by FCA (UK), ASIC (Australia), DFSA (Dubai), FMA (New Zealand)
Headquarters
Cyprus
Australia
Account Types
Standard, Pro, Raw Spread, Zero
Standard, Pro, Elite
Minimum Deposit
$1 for Standard accounts, Higher for Pro accounts
$0 (for Standard account), Higher for Pro and Elite accounts
Trading Platforms
MetaTrader 4, MetaTrader 5
MetaTrader 4
Trading Instruments
Forex, Cryptocurrencies, Indices, Metals, Energies, Stocks, Commodities
Forex, Cryptocurrencies, Indices, Commodities
Leverage
Up to 1:2000 (depending on region and instrument)
Up to 1:500 (depending on region and instrument)
Spreads
From 0.0 pips (on Raw and Zero accounts), Higher spreads on Standard accounts
From 0.0 pips (on Pro accounts), Higher spreads on Standard accounts
Commission
No commission on Standard accounts, $3.50 per side on Zero and Raw accounts
No commission on Standard accounts, $3.50 per side on Pro accounts
Deposit & Withdrawal Fees
No fees for deposits or withdrawals, Instant withdrawals available
No fees for deposits, withdrawal fees depend on payment method
Demo Account
Yes, unlimited access
Yes, unlimited access
Educational Resources
Trading courses, webinars, tutorials, analysis tools, market news
Trading courses, eBooks, webinars, market analysis
Copy Trading
Yes, Exness Social Trading Platform
Yes, through Axi Copy Trading App
Customer Support
24/7 support via chat, email, phone, multilingual
24/5 support via chat, email, phone, multilingual
Supported Countries
Over 180 countries, excluding the US and certain restricted regions
Over 100 countries, excluding the US, Canada, Japan, and certain restricted regions
Research Tools
Market analysis, economic calendar, trading signals, sentiment data
Economic calendar, Autochartist integration, technical analysis
Islamic Account
Yes, swap-free Islamic accounts are available
Yes, swap-free Islamic accounts are available
Order Execution Speed
Ultra-fast execution (average 0.01 seconds)
Fast execution, particularly for Pro accounts
Security Measures
SSL encryption, segregated client funds, negative balance protection
SSL encryption, segregated client funds, negative balance protection
Promotions & Bonuses
Occasional bonuses (varies by region), Cashback programs
Occasional bonuses (varies by region), No-deposit bonuses (select regions)
Accepted Payment Methods
Bank transfers, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrencies
Bank transfers, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrencies
Additional Features
VPS hosting, Trading calculator, Historical data
VPS hosting, PsyQuation analytics, Exclusive MT4 add-ons
Mobile App
Yes, Exness Trader app available on iOS and Android, features include account management, trading
Yes, Axi mobile app available on iOS and Android, includes account management, trading, research
Algorithmic Trading
Supported, compatible with MT4/MT5 EA (Expert Advisors)
Supported, compatible with MT4 EA (Expert Advisors)
Asset Classes Offered
Over 120 currency pairs, over 70 stocks, 30+ cryptocurrencies, commodities
Over 70 currency pairs, 30+ indices, commodities, cryptocurrencies
Cryptocurrency Trading
Yes, includes BTC, ETH, LTC, XRP, BCH, and others with high leverage
Yes, includes BTC, ETH, LTC, and more; lower leverage compared to Exness
Trading Hours
24/5 for most markets, cryptocurrencies available 24/7
24/5 for most markets, cryptocurrencies available 24/7
Account Currency Options
Multiple currency options including USD, EUR, GBP, AUD, cryptocurrencies
Limited to major currencies like USD, EUR, GBP, AUD
Swap Rates
Competitive, with rates varying by account type, lower on Islamic accounts
Competitive, swap-free options on Islamic accounts
Stop-Out Level
0% (for most accounts, but may vary by account type)
20-50% depending on account type and regulations
Trading Signals
Yes, in-built within MT4/MT5, Exness’s social trading features
Yes, MT4 add-ons and Axi Copy Trading platform provide signals
Scalping and Hedging
Both scalping and hedging are allowed
Both scalping and hedging are allowed
Lot Size
Micro-lots (0.01 lots) available, supports high-volume trades
Micro-lots (0.01 lots) available, with higher volume trading supported
Margin Call Level
Typically 60%, may vary based on account type and regulations
Typically 80%, varies based on account type
User Interface (UI) Customization
Highly customizable with various themes and indicator settings on MT4/MT5
Moderate customization available on MT4, Axi provides add-ons for enhanced features
Partnership Programs
Affiliate programs, Introducing Broker (IB) options, loyalty programs
Affiliate programs, Introducing Broker (IB) options
Historical Data Access
Extensive data provided for major instruments on MT4/MT5, API access available
Limited historical data via MT4, also provides API access
Risk Management Tools
Stop-loss, take-profit, negative balance protection, margin call alerts
Stop-loss, take-profit, negative balance protection, margin call alerts
Execution Models
Market execution for most accounts, instant execution on some accounts
Market execution on all accounts, with low latency execution
Social Media Presence
Active on Facebook, Twitter, LinkedIn, YouTube with tutorials and market insights
Active on Facebook, Twitter, LinkedIn, YouTube with market analysis and trading tips
Web-Based Trading
Yes, supports WebTrader (MT4/MT5) with real-time access to accounts
No dedicated web platform, MT4 WebTrader is available
API Access
Yes, supports API for advanced trading and integration
Yes, provides API access for algorithmic trading
User Reviews
Generally positive for execution speed and reliability, some concerns about platform fees
Generally positive for educational tools and support, some reports of withdrawal delays
Supported Languages
Over 10 languages including English, Arabic, Chinese, Spanish, Russian
Over 8 languages including English, Arabic, Chinese, Spanish, French
Transparency of Fees
Transparent with clear fee breakdowns for commissions, spreads, and swap rates
Transparent, detailed fee information on website, especially for Pro accounts
Financial Stability
Exness reports financial stability metrics and maintains segregated funds
Axi maintains segregated funds, with a good reputation for financial stability
Order Types Supported
Market orders, limit orders, stop orders, trailing stop, OCO (one-cancels-the-other) orders
Market orders, limit orders, stop orders, trailing stop
Trading Analytics
Advanced analytics including trading metrics, profit tracking, risk management tools
In-depth analytics with PsyQuation, trading insights, and market trend reports
Minimum Trade Size
0.01 lots for all account types
0.01 lots for all account types
Guaranteed Stop Loss
Not available
Not available
Slippage Control
Offers slippage control tools during volatile market conditions
Basic slippage protection, particularly on Pro accounts
Rebate Programs
Yes, available depending on volume and region
Yes, Axi Select program offers rebates based on trading activity
Negative Balance Protection
Yes, across all account types
Yes, across all account types
Platform Add-Ons
MT4/MT5 custom indicators, Exness add-ons include market depth and analysis tools
MT4 add-ons with exclusive Axi tools like Autochartist and PsyQuation
Financial Reporting Tools
Real-time reporting, profit/loss statements, monthly and annual statements
Basic financial reports, profit/loss statements, automated monthly/annual summaries
Execution Transparency
Provides real-time order execution transparency with minimal requotes
Transparent execution reports available on request
Bonus and Promotions
Yes, regional bonuses, welcome bonus, trading rewards, loyalty program
Limited, occasional bonuses based on region, typically no-deposit bonuses
Advanced Trading Tools
Economic calendar, real-time chart analysis, technical indicators, trading calculator, depth of market views
Economic calendar, technical indicators, trading sentiment data, market news
Managed Accounts
No managed accounts
No managed accounts
Institutional Trading Options
Yes, tailored for high-net-worth individuals and corporate clients, offers liquidity solutions
Yes, tailored institutional accounts for high-volume traders
Corporate Account
Available, with advanced features for business and institutional trading
Available, allows higher trading volumes and enhanced features
Funding Speed
Instant for most payment methods, processing time varies for bank transfers
Generally fast, bank transfers may take up to 3-5 business days
Withdrawal Processing Time
Instant withdrawal options for certain methods (e.g., e-wallets), bank transfers may take 1-3 business days
Usually within 24 hours, e-wallets are faster, bank transfers can take up to 3 business days
Inactive Account Fees
None
Yes, a monthly fee may apply after 12 months of inactivity
Referral Program
Yes, referral bonuses for existing clients who bring in new clients
Yes, rewards for referrals based on trading activity of referred clients
Backtesting Capabilities
Available through MT4/MT5 strategies tester, API access allows advanced custom backtesting
Available through MT4 strategies tester, API support enhances backtesting options
Tax Reporting Assistance
Provides basic tax reporting but no direct tax advice
Provides transaction history for tax reporting, no tax advice
User Community Access
Exness Community Forum, social media groups, customer support with knowledge base
AxiTrader Community, active social media, support team and FAQ resources
Crisis Event Handling
Stabilized execution during major events, may restrict leverage temporarily to protect traders
May restrict leverage and trading conditions during significant market events to protect traders
User Training Levels
Beginner, Intermediate, Advanced; Exness Academy offers step-by-step guidance
Beginner, Intermediate, Advanced; Axi provides webinars, tutorials, and courses for all levels
Depth of Market (DOM)
Available on MT4 and MT5, useful for advanced traders to view order book levels
Available on MT4 (Pro accounts), ideal for traders using volume-based strategies
Account Verification Process
Easy online verification through document upload, instant account approval in many cases
Online document upload, verification typically completed within 1-3 business days
Holiday Trading Policies
Limited trading hours during international holidays, particularly for specific instruments
Reduced trading hours on holidays, alerts provided in advance to traders
High-Frequency Trading (HFT)
Supported for certain accounts, market execution allows for HFT strategies
Supported on Pro accounts, market execution is favorable for high-frequency traders
Market Maker or ECN
Primarily a market maker but offers ECN-like conditions on Raw accounts
Market maker model with ECN-like conditions on Pro accounts
Funds Safety Mechanisms
Segregated client funds, comprehensive audits, financial stability disclosures
Segregated client funds, regular audits, regulatory transparency
Regional Offices
Has offices in various regions including Cyprus, Seychelles, South Africa
Offices in major regions including Australia, UK, Middle East
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Exness and Axi stand out for their robust trading features and regulatory backing, each providing unique advantages in trading instruments, account types, and advanced tools to meet diverse trader needs.