Axi vs tastytrade compared

Axi
tastytrade
73.9% of retail CFD accounts lose money
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score
    4.4
    /5
  • Research score
    3.0
    /5
  • Markets and products score
    2.2
    /5
  • Deposit and withdrawal score
    1.9
    /5
  • Research score
    5.0
    /5
  • Markets and products score
    3.3
    /5
Recommended for
  • Forex
    4.2
    /5
  • Equity
    4.1
    /5
You can't open an account in United States
You can open an account in United States

Basic data of broker

Overall Score
4.4

Recommended for Forex traders familiar with the MetaTrader 4 platform

Overall Score
4.7

Recommended for Options and futures traders focusing on US markets

Best options trading platform

Country of origin

Australia

Country of origin

USA

Fees

Fees score
4.3
Fees score
4.2
Fees summary

Low trading and non-trading fees, low forex fees

Fees summary

Low trading and non-trading fees, no inactivity fee

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.4
Deposit and withdrawal score
1.9
Number of base currencies

11

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill

Required documents

Proof of identity: ID / passport Proof of residency: bank statement / utility bill

Trading platform

Web platform score
2.8
Web platform score
3.4
Mobile platform score
3.8
Mobile platform score
4.2
Desktop platform score
3.4
Desktop platform score
3.9

Markets and products

Markets and products score
2.2
Markets and products score
3.3
Stocks
Stocks
*
*
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

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.

Research, education

Research score
3.0
Research score
5.0
Charting quality

Mid-range

Charting quality

Great

Education score
4.5
Education score
4.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000 for EU residents, no protection for others

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2007

Foundation date

2017

Country of regulation

UK, Australia, Dubai, St. Vincent and the Grenadines

Country of regulation

USA

Axi

For detailed information and hands-on experience, read our review of this broker.

tastytrade

For detailed information and hands-on experience, read our review of this broker.

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 tastytrade's and a comparison of their fees shows that Axi's fees are similar to tastytrade's.

Account opening takes somewhat more effort at Axi compared to tastytrade, deposit and withdrawal processes are much more seamless at Axi, while customer service quality is similar to tastytrade's.

Our experts rated the trading platform of Axi as being of the same quality as the platform of tastytrade, found that clients have access to slightly less markets and products with Axi, while tastytrade provides better research and education.

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