Axi or ActivTrades – which is better for UK traders 2024? Compare Axi and ActivTrades in this detailed breakdown of their platforms, features and fees.
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.
ActivTrades is a UK-headquartered CFD and forex broker established in 2001. The award-winning brokerage has secured licenses from trusted bodies, notably the UK’s FCA, and facilitates trading on over 1000 instruments spanning 7 asset classes, with over 93.60% of orders are executed at the requested price.
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.
ActivTrades offers tight spreads, particularly for forex trading with spreads starting from 0.5 pips on major currency pairs without additional commissions. The €/£10 inactivity fee doesn’t kick in for 52 weeks either, so it doesn’t penalize active traders.
Although cTrader isn’t supported, MT4, MT5, TradingView and the broker’s ActivTrader cater to diverse trading needs, with the firm’s web-accessible platform hitting the mark for beginners during testing with a slick look and feel.
ActivTrades is highly trusted, boasting 20+ years in the industry, authorization from 3 ‘green tier’ bodies under DayTrading.com’s Regulation & Trust Rating, and it goes the extra mile for UK traders with £1M in investor compensation (exceeding the £85K through the FSCS) in the event of brokerage insolvency.
ActivTrades provides fast, dependable and multilingual support based on our tests of its live chat, email, and phone assistance, making it excellent for active traders and beginners.
With execution speeds averaging just 4ms, an order fulfilment rate of 93.6%, and no restrictions on short-term strategies, ActivTrades offers an excellent environment for fast-paced strategies like trading.
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.
There are no copy trading or social trading features, which is a drawback for traders seeking passive investment opportunities or the ability to mimic the trades of more experienced traders, especially compared to eToro and Vantage.
There's a varied selection of 1000+ markets, such as forex, commodities, indices, and ETFs, but the range of asset classes overall is limited, notably there are zero stocks outside the US, UK and Europe, while BlackBull offers a superior 26,000+ markets.
Its research tools are good but not great, with a growing ‘Analysis’ hub but no Trading Central or Autochartist for advanced technical summaries which could help aspiring traders identify opportunities in fast-moving markets.
ActivTrades still has some way to go to match firms like XTB and CMC Markets in the education department, with some well-presented, informative webinars but limited courses and quizzes for a more comprehensive and engaging learning journey.
Awards
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
Safest Global Broker 2023 - International Investor Magazine
Best Online Trading Services 2023 - ADVFN International Financial Awards
Best Forex Broker Europe 2022 - Forex-Awards.com
Most Trusted Global FX Broker 2022 - International Investor Magazine
Best CFD Broker 2021 - Rankia
Safest Global Broker 2021 - International Investor Award Winners
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.
ActivTrades provides a choice of mobile apps for iOS and Android devices. The proprietary ActivTrader app and support for MT4, MT5, and TradingView give access to real-time market data, advanced charting tools, and customizable trading features. All four apps let you trade and manage you accounts intuitively, but ActivTrades boasts the most seamless trading experience, combining the broker’s ultra-fast execution speeds with dynamic charting and research tools.
iOS App Rating
3.6
4.9
Android App Rating
4.2
3.8
Margin Trading
Yes
Yes
MetaTrader 4
Yes
Yes
MetaTrader 5
No
Yes
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
Yes
Autochartist
Yes
No
eSignal
No
No
Trading Central
No
No
STP Account
Yes
Yes
ECN Account
No
No
DMA Account
No
No
MAM Account
Yes
No
PAMM Account
Yes
No
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
Yes
P2P Trading
No
No
Spot Trading
Yes
No
Auto Trading
Expert Advisors (EAs) on MetaTrader, Myfxbook
Yes (APIs), Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
No
Social Trading
Yes
No
Trade Signals
MT4, Autochartist
Yes
VPS Hosting
Yes
No
Tournaments
No
No
Demo Competitions
Yes
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$10
€/£10
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
CHF
PLN
USD
EUR
GBP
CHF
Commodities
Copper
Oil
Gold
Silver
Platinum
Cocoa
Coffee
Gasoline
Natural Gas
Precious Metals
Gold
Oil
Natural Gas
Wheat
Copper
Cocoa
Coffee
Corn
Orange Juice
Palladium
Platinum
Silver
Soybeans
Sugar
CFD
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.
ActivTrades specializes in CFD trading, offering over 1000 instruments spanning currencies, shares, indices, commodities, and more. The broker has picked up industry awards for its CFD trading environment, delivering fast and reliable order execution with transparent margin requirements for traders.
Leverage
1:30
1:30 (UK and EU), 1:400 (Global & Pro)
FTSE Spread
1.0
0.6
GBPUSD Spread<
0.6
0.8
Oil Spread
0.03
0.03
Stocks Spread
0.07
Variable
Forex
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.
ActivTrades offers its lowest fees in the forex department, with excellent spreads on majors like the EUR/USD from 0.5 pips and zero commissions, keeping pricing simple. Improvements to the ActivTrades platform, alongside access to the industry-leading MetaTrader 4, also give traders the tools they need to navigate the FX market confidently.
Assets
70+
50+
GBPUSD Spread
0.5
0.8
EURUSD Spread
0.2
0.5
EURGBP Spread
0.5
0.8
Currency Indices
USD
Cryptocurrency
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.
Trade 15+ of the most know cryptos, including Bitcoin and Ethereum. Digital currencies can be traded around the clock with no hidden fees. 1:10 leverage is also available on major tokens like BTC.
