Compare Alpaca Trading vs Axi


Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against Axi!

Alpaca Trading vs Axi
overall rating
4.6
4.4
overall pros
  • Great API trading service
  • Free stock & ETF trading
  • Fantastic charting tools
  • Low forex fees and no inactivity fee
  • No withdrawal and deposit fees
  • Fully digital account opening
overall cons
  • Customer support limited to email
  • Limited deposit and withdrawal options
  • Only US stocks and ETFs available
  • Offers only forex and CFD trading
  • Limited research tools
  • 24/5 customer service
fees
4.9
  • Commission-Free Stock and ETF Trading
  • No inactivity fee
  • No withdrawal fee
4.3
  • Low non-trading fees
  • Low forex fees
  • Average CFD fees
account opening
4.8
  • Fast
  • Fully digital
  • No minimum deposit
  • Bit complex process for integrating third-party tools
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Slower account opening time
deposit and withdrawal
1.8
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
4.4
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Withdrawal only via wire transfer or e-wallets
web trading platform
3.7
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Poor search function
  • Limited customizability (for charts, workspace)
  • No price alerts
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
4.2
  • User-friendly
  • Two-step (safer) login
  • Order confirmation
  • Poor search function
  • No price alerts
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
  • Search function could be improved
markets and products
2.0
  • Stock
  • ETF
1.8
  • Forex
  • CFD
  • Crypto
research
5.0
  • Access to highly functional API
  • Great charting tools
  • Data on asset fundamentals
  • No trading ideas
3.0
  • User-friendly
  • Great economic calendar
  • No trading ideas
  • No fundamental data available
customer service
1.9
  • Great Slack and community forums
  • No phone support
  • No live chat
  • Mediocre email support
3.9
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not all contents are translated
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Traders interested in algorithmic stock trading Forex traders familiar with the MetaTrader 4 platform
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