Online brokers compared for fees, trading platforms, safety and more. See how Axi stacks up against Plus500!
Last update of data—Aug 2022
Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC.
Plus500 is a global CFD broker, listed on the London Stock Exchange's Main Market and regulated by many authorities including the UK FCA and CySEC of Cyprus.
Recommended for forex traders familiar with the MetaTrader 4 platform.
Recommended for experienced traders looking for an easy-to-use platform and a great user experience.
Axi
Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC.
Recommended for forex traders familiar with the MetaTrader 4 platform.
Plus500
Plus500 is a global CFD broker, listed on the London Stock Exchange's Main Market and regulated by many authorities including the UK FCA and CySEC of Cyprus.
Recommended for experienced traders looking for an easy-to-use platform and a great user experience.
Axi's service is on par with Plus500's and a comparison of their fees shows that Axi's fees are similar to Plus500's.
Account opening takes somewhat more effort at Axi compared to Plus500, deposit and withdrawal processes are somewhat more complicated at Axi, while customer service quality is somewhat lower than Plus500's.
Our experts rated the trading platform of Axi as less user-friendly than the platform of Plus500, found that clients have access to slightly less markets and products with Axi, while Plus500 provides just about the same quality of research and education.
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