Axi
Eightcap
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex traders familiar with the MetaTrader 4 platform
Recommended for Forex traders who prefer the MetaTrader platform
Australia
Australia
Fees
Low trading and non-trading fees, low forex fees
Low trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
11
7
Deposit type
Withdrawal type
Account opening
$0
$100
1-3 days
1 day
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 73.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Mid-range
Customer service
Security
£85,000 for EU residents, no protection for others
No protection
2007
2009
UK, Australia, Dubai, St. Vincent and the Grenadines
Australia, Vanuatu
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Axi's service is on par with Eightcap's and a comparison of their fees shows that Axi's fees are similar to Eightcap's.
Account opening takes somewhat more effort at Axi compared to Eightcap, deposit and withdrawal processes are about the same quality at Axi, while customer service quality is similar to Eightcap's.
Our experts rated the trading platform of Axi as being of the same quality as the platform of Eightcap, found that clients have access to slightly more markets and products with Axi, while Eightcap provides less useful research and education.