| Feature | XM Trading | Axi |
|---|---|---|
| Year Established | 2009 | 2007 |
| Regulatory Authorities | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize), FSCA (South Africa) | ASIC (Australia), FCA (UK), DFSA (Dubai) |
| Minimum Deposit | $5 | $0 |
| Maximum Leverage | Up to 1:1000 | Up to 1:500 |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader | MetaTrader 4 (MT4), Axi WebTrader |
| Tradable Instruments | Forex, CFDs on indices, commodities, cryptocurrencies, metals, stocks | Forex, CFDs on indices, commodities, cryptocurrencies, metals |
| Account Types | Micro, Standard, Ultra Low, Shares | Standard, Pro, Elite |
| Spreads | From 0.6 pips | From 0.4 pips |
| Commission Fees | None on Standard and Micro accounts; $3.5 per lot per side on Zero accounts | $7 per lot round turn on Pro accounts; $3.5 per lot round turn on Elite accounts |
| Deposit & Withdrawal Methods | Bank transfer, credit/debit cards, Neteller, Skrill, UnionPay, WebMoney, and more | Bank transfer, credit/debit cards, Neteller, Skrill, PayPal, and more |
| Educational Resources | Webinars, video tutorials, articles, demo accounts | Axi Academy, eBooks, video tutorials, webinars |
| Customer Support | 24/5 via live chat, email, and phone; multilingual support | 24/5 via live chat, email, and phone; multilingual support |
| Bonuses & Promotions | 50% + 20% deposit bonus, loyalty program | $50 welcome bonus (not available for UK and AU clients) |
| Research Tools | Market analysis, trading signals, economic calendar | Autochartist, PsyQuation analytics platform |
| Mobile Trading | Yes, via MT4 and MT5 apps | Yes, via MT4 app |
| Demo Account | Yes | Yes |
| Islamic Account | Yes | Yes |
| Social/Copy Trading | Yes, via MT4/MT5 signals | Yes, via Axi Copy Trading app |
| VPS Service | Yes, free for eligible clients | Yes, free for eligible clients |
| Inactivity Fee | $5 monthly after 90 days of inactivity | $10 monthly after 12 months of inactivity |
| Negative Balance Protection | Yes | Yes |
| Scalping Allowed | Yes | Yes |
| Hedging Allowed | Yes | Yes |
| Order Execution Type | Market execution | Market execution |
| Average Order Execution Speed | <1 second | <0.1 second |
| Slippage Protection | Yes, offers no-requotes and no rejections on most orders | Yes, but slippage can occur during high volatility |
| Stop Out Level | 20% (for Micro, Standard, and Ultra Low accounts), 50% (for Zero accounts) | 20% (for Standard and Pro accounts), 50% (for Elite account) |
| Trading Fees Structure | Commission-free (except for Zero accounts), spreads apply | Spread-only on Standard, commission on Pro and Elite accounts |
| Deposit Processing Time | Instant for most methods | Instant for most methods |
| Withdrawal Processing Time | 24 hours (same day for some methods) | 1-2 business days |
| Minimum Trade Size | 0.01 lots (Micro & Standard), 1 share for Shares account | 0.01 lots |
| Maximum Trade Size | 100 standard lots per position | No fixed limit (depends on liquidity) |
| Maximum Open Orders | 200 positions | No specified limit |
| Margin Call Level | 50% | 80% |
| Raw Spread Accounts | Yes (Zero Account with spreads from 0.0 pips) | Yes (Pro and Elite Accounts with spreads from 0.0 pips) |
| CFD Trading on Shares | Yes | No |
| CFD Trading on ETFs | No | No |
| Futures Trading | No | No |
| Cryptocurrency Trading | Yes (via CFDs) | Yes (via CFDs) |
| Trading Algorithm Support | Yes, via Expert Advisors (EAs) on MT4/MT5 | Yes, via Expert Advisors (EAs) on MT4 |
| Economic Calendar | Yes, real-time updates | Yes, real-time updates |
| Sentiment Analysis Tool | No | Yes |
| Technical Indicators | 50+ built-in indicators on MT4/MT5 | 30+ built-in indicators on MT4 |
| Custom Indicators Allowed | Yes | Yes |
| Tick Charts | Yes | Yes |
| One-Click Trading | Yes | Yes |
| Trailing Stop Orders | Yes | Yes |
| Guaranteed Stop-Loss | No | No |
| API Trading | No | Yes |
| Proprietary Trading Platform | No | No |
| Copy Trading Platform | Yes, via MQL5 signals and third-party services | Yes, via Axi Copy Trading app |
| Cryptocurrency Deposits | No | No |
| VIP Account Services | Yes (for high-net-worth traders) | Yes (for high-net-worth traders) |
| Regional Restrictions | No clients from the USA, Canada, or North Korea | No clients from the USA or certain restricted countries |
| Regulatory Complaints Handling | Yes, via multiple regulatory bodies | Yes, via multiple regulatory bodies |
| Best For | Beginner to intermediate traders, traders looking for high leverage, those who prefer MetaTrader 5 | Algorithmic traders, scalpers, professionals needing institutional-grade spreads |
| Number of Currency Pairs Available | 55+ | 70+ |
| Exotic Currency Pairs | Yes | Yes |
| Fractional Pip Pricing | Yes (5th decimal pricing) | Yes (5th decimal pricing) |
| Execution Type for Stop & Limit Orders | Market execution | Market execution |
| Fixed Spread Accounts | No | No |
| Floating Spread Accounts | Yes | Yes |
| Depth of Market (DOM) Access | No | Yes (for Pro and Elite accounts) |
| Requotes | No (99.35% of orders executed in <1 second) | No (Axi claims 100% execution without requotes) |
| Hedging Restrictions | No | No |
| Scalping Strategy Allowed | Yes | Yes |
| Time & Sales Data Availability | No | No |
| Guaranteed Order Execution During High Volatility | No | No |
| Swap-Free Islamic Account | Yes, for Muslim traders | Yes, for Muslim traders |
| Weekend Trading (Cryptos Only) | Yes | Yes |
| Multi-Account Manager (MAM/PAMM) | Yes, MAM accounts available | Yes, MAM and PAMM accounts available |
| Investor Compensation Fund (ICF) Coverage | Yes (CySEC clients) | Yes (FCA clients under FSCS) |
| Autochartist Integration | No | Yes |
| Trading Central Support | Yes | No |
| Sentiment Analysis Tools | No | Yes |
| Correlation Matrix for Forex & CFDs | No | Yes |
| MT4 Booster Pack | No | Yes (for professional traders) |
| Custom Trading API Access | No | Yes (for institutional clients) |
| DMA (Direct Market Access) Trading | No | No |
| Cryptocurrency Pairs Available | BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD | BTC/USD, ETH/USD, XRP/USD, LTC/USD, BCH/USD, DOT/USD, ADA/USD, DOGE/USD |
| Slippage Control Features | No | No |
| Market Gap Protection | No | No |
| Dividend Adjustments on CFDs | Yes | Yes |
| Corporate Actions Support (on CFDs) | Yes | Yes |
| Trading Signals | Yes, via MQL5 & internal signals | Yes, via Autochartist |
| Earnings Reports Trading (Stock CFDs) | Yes | No |
| Dual Login for Multiple Accounts | Yes (via MT4/MT5) | Yes (via MT4) |
| Customizable Charts | Yes | Yes |
| Support for Advanced Charting Tools | Yes, through MT5 | Yes, through MT4 plugins |
| Fixed Income Trading (Bonds & Treasury CFDs) | No | No |
| Interest on Account Balance | No | No |
| VIP/High Volume Trader Discounts | Yes | Yes |
| Personal Account Manager | Yes (for high-tier accounts) | Yes (for Pro and Elite clients) |
| Dedicated Trading Desk | No | No |
| API Trading with Python or C++ | No | Yes (via FIX API) |
| Two-Factor Authentication (2FA) | Yes | Yes |
| Custom Leverage Settings | Yes (on request) | Yes (on request) |
| CME Futures Market Data Feed | No | No |
| Live News Feed in Trading Platform | Yes (via MetaTrader) | Yes (via MetaTrader & Autochartist) |
| Support for Trading Robots (EAs) | Yes | Yes |
| Volume-Based Trading Rebates | Yes (for active traders) | Yes (for high-volume traders) |
| User Interface Customization (MT4/MT5) | Yes | Yes |
| Multi-Device Login | Yes | Yes |
| Negative Balance Compensation Policy | Yes (covers negative balances under regulated jurisdictions) | Yes (covers negative balances under FCA & ASIC jurisdictions) |
| High-Frequency Trading (HFT) Support | Limited | Supported for Pro accounts |
| Data Encryption for Transactions | Yes (SSL-secured) | Yes (SSL-secured) |
| Investor Protection Mechanism | Yes, based on regulatory jurisdiction | Yes, based on regulatory jurisdiction |
XM Trading is ideal for beginner to intermediate traders, offering better stock CFD trading and bonuses, while Axi caters to advanced traders with API trading, Autochartist, and institutional-grade spreads. Axi provides more forex pairs and analytical tools, whereas XM excels in accessibility and educational resources.