Absolute Markets vs Axi

Absolute Markets or Axi – which is better for UK traders 2024? Compare Absolute Markets and Axi in this detailed breakdown of their platforms, features and fees.

Absolute Markets vs Axi Comparison Table 2024
Absolute Markets Axi
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1.3
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3.7
Absolute Markets is ranked #91 among CFD brokers. Axi is ranked #27 among CFD brokers.
Absolute Markets has closed or no longer accepts UK clients.
Absolute Markets is a multi-asset broker offering the MT4 platform, copy trading and ultra-fast trade executions.
Established in 2007, Axi is a multi-regulated forex and CFD broker that has made strides to improve its trading experience over the years, from expanding its suite of stocks and upgrading the Axi Academy to launching its own copy trading app.
72.4% of retail investor accounts lose money when trading CFDs with this provider
Pros
  • Axi offers a terrific MT4 experience, enhanced with the NextGen plug-in for advanced order management and analytics, and complete with low execution latency of approximately 30ms.
  • The growing educational resources in the Axi Academy, including free eBooks, video tutorials and notably interactive quizzes, are excellent for supporting beginner traders.
  • Axi's latest copy trading app is really intuitive based on our tests with useful filtering options to match strategies with individual risk preferences.
  • Advanced traders can now sign up for the Axi Select funded trader program through the broker’s offshore entity, providing funding up to $1 million with a 90% profit share.
Cons
  • Axi is falling behind by only offering MT4 when many rivals now support MT5, cTrader, TradingView and proprietary software for a slicker experience with more advanced tools.
  • Despite bolstering its stock CFDs in US, UK and EU markets, it’s still nowhere near as extensive as firms like BlackBull which offer thousands of equities for diverse opportunities.
  • Axi still has our confidence but issues with the ASIC and FMA in recent years mean it needs to continue providing a secure environment while adhering to licensing conditions.
  • Despite performing well whenever we use it, Axi's support is unavailable 24/7, which can be inconvenient for traders in different time zones or those needing assistance outside standard trading hours.
Awards
  • Fastest Growing Forex Broker
  • Best Trading Experience
  • 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 Yes
Instruments
CFDs on forex, indices, shares, commodities, cryptocurrencies, futures CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SVGFSA 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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3.6
Android App Rating
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4.2
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes 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
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
Yes Yes
Copy Trading Platform
Copy trading services are offered within the proprietary WebTrader platform. Follow leading investors or create strategies and earn a profit client that copy your positions.
Social Trading
Yes Yes
Trade Signals
TradingView 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
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CHF
  • PLN
Commodities
  • Silver
  • Gold
  • Palladium
  • Copper
  • Oil
  • Gasoline
  • Platinum
  • Copper
  • Oil
  • Gold
  • Silver
  • Platinum
  • Cocoa
  • Coffee
  • Gasoline
  • Natural Gas
  • Precious Metals
CFD
Absolute Markets offers competitive trading conditions on a range of contracts for difference. Axi offers a growing suite of CFDs covering currencies, shares, indices, commodities and crypto (location dependent). It’s clearly built with active traders in mind with zero restrictions on scalping or algo trading, extensive leverage opportunities, and fast execution with latency under 100ms.
Leverage
1:1000 1:30
FTSE Spread
From 1.2 pips 1.0
GBPUSD Spread<
From 1.2 pips 0.6
Oil Spread
From 1.2 pips 0.03
Stocks Spread
Variable 0.07
Forex
Speculate on 200+ major and minor currency pairs with variable spreads based on the account type. Axi’s 70+ currency pairs is its strongest market offering and beats out rivals like AvaTrade, which offers only 50+. Combine this with an elevated MT4 offering through the NextGen add-on, and Axi remains an excellent broker for forex traders.
Assets
200+ 70+
GBPUSD Spread
From 1.2 pips 0.5
EURUSD Spread
From 1.2 pips 0.2
EURGBP Spread
From 1.2 pips 0.5
Cryptocurrency
Trade popular crypto tokens against major currenciess Axi provides 24/7 short-term trading opportunities on 30 popular cryptos paired with fiat currencies, other tokens and more unusually, metals. It also stands out with its high leverage up to 1:200 for advanced crypto traders, amplifying potential returns but also losses.
Spread
Variable From 0.0
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
  • BAT
  • BNB
  • BAT
  • DASH
  • EOS
  • ETC
  • IOT
  • NEO
  • OMG
  • TRX
  • XLM
  • XMR
  • ZEC
  • ADA
  • DOG
  • SOL
  • DOT
  • LNK
  • MTC
  • UNI
  • XTZ
  • INC
  • LRC
  • ONE
  • CRV
  • AXS
  • SUS
  • SAN
  • ATM
  • NER
  • VEC
  • AVA
  • SHB
  • TER
  • MRK
  • FIL
  • ALG
  • 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
Absolute Markets Axi
72.4% of retail investor accounts lose money when trading CFDs with this provider
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