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 | Axi |
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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 | |
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Cons | |
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Awards | |
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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. |
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iOS App Rating | |
Android App Rating | |
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 | |
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Commodities | |
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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 | |
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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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