Compare Axi vs City Index


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

Axi vs City Index
overall rating
4.4
4.6
overall pros
  • Low trading fees and no inactivity fee
  • No withdrawal and deposit fees
  • Fully digital account opening
  • Low fees for forex
  • Fast and smooth account opening
  • Diverse research tools
overall cons
  • Offers only forex and CFD trading
  • Limited research tools
  • 24/5 customer service
  • Limited product portfolio
  • High stock CFD fees
  • Non-user-friendly desktop platform
fees
4.3
  • Low non-trading fees
  • Low forex fees
  • Low CFD fees
3.8
  • Low forex fees
  • No withdrawal fee
  • Inactivity fee
  • High stock CFD fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Slower account opening time
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
4.4
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Withdrawal only via wire transfer or e-wallets
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Problem with credit card withdrawal
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
4.3
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
4.3
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
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
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • Outdated design
markets and products
1.8
  • Forex
  • CFD
  • Crypto
2.0
  • Forex
  • CFD
  • Crypto
research
3.0
  • User-friendly
  • Great economic calendar
  • No trading ideas
  • No fundamental data available
4.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
customer service
3.9
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.0
  • Live chat
  • Great phone support
  • No 24/7 support
  • Slow email support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not all contents are translated
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
recommended for Forex traders familiar with the MetaTrader 4 platform Forex and CFD traders looking for low forex fees and great research tools
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