| Feature | eToro | Axi |
|---|---|---|
| Regulation | FCA (UK), CySEC (EU), ASIC (AU), FinCEN (US) | FCA (UK), ASIC (AU), DFSA (UAE), FSA (St. Vincent) |
| Founded Year | 2007 | 2007 |
| Account Types | Retail, Professional | Standard, Pro, Elite, Islamic |
| Minimum Deposit | $10 (varies by region) | $0 (Standard Account), $200 for Pro |
| Deposit Methods | Credit/Debit cards, Bank transfer, PayPal, Skrill, Neteller, e-wallets | Bank transfer, Credit/Debit cards, Skrill, Neteller, e-wallets |
| Withdrawal Fee | $5 | $0 |
| Spreads | From 1.0 pip (for EUR/USD) | From 0.0 pips (for Pro accounts), 1.0 pip (Standard) |
| Commission | $0 on most trades, only for certain CFDs | $0 on Standard, low commission on Pro accounts |
| Leverage | Up to 30:1 (retail), higher for professional accounts | Up to 30:1 (retail), up to 500:1 (Pro/Elite accounts) |
| Tradable Assets | Stocks, ETFs, Forex, CFDs, Cryptocurrencies, Indices, Commodities | Forex, CFDs on indices, commodities, cryptocurrencies |
| Copy Trading | Yes, Social CopyTrading Platform (Popular) | Yes, through Myfxbook AutoTrade and Signal providers |
| Automated Trading | Yes, through CopyPortfolios and API | Yes, via MetaTrader 4 (MT4) and Expert Advisors (EAs) |
| Platform Types | Proprietary eToro Web Trader, Mobile App | MetaTrader 4 (MT4), Axi One (custom tools) |
| Charting Tools | Integrated with TradingView, multiple technical indicators | Advanced MT4 charts, custom indicators, Autochartist |
| Educational Resources | Webinars, Trading Academy, Blogs, eBooks, Video Tutorials | Webinars, Axi Academy, eBooks, Blogs, Tutorials |
| Market Analysis | In-depth market news, economic calendars, social trading insights | Economic calendars, market updates, sentiment analysis |
| Crypto Offering | 70+ cryptocurrencies, available for buying actual coins or trading CFDs | 11+ cryptocurrencies (CFDs only) |
| Fees on CFDs | Spread-based fees, overnight fees may apply | Spread-based fees, overnight fees apply |
| Security | 2FA, encrypted transactions, regulated by top-tier authorities | 2FA, SSL encryption, regulated by reputable regulators |
| Customer Support | 24/5 live chat, email support, Help Center | 24/5 live chat, email, phone support, FAQ portal |
| User Interface | User-friendly, intuitive dashboard, great for beginners | Flexible MT4 platform, suited for more experienced traders |
| Demo Account | Yes, $100,000 virtual funds | Yes, $50,000 or customizable virtual balance |
| Islamic Account | Yes | Yes (available upon request) |
| Fees Transparency | Clear fee structure available in the help center | Transparent fee disclosures, spreads vary per asset class |
| Asset Ownership | Offers actual ownership of stocks and crypto in some regions | Only CFD trading, no direct ownership of assets |
| Stock Trading Fees | 0% commission on real stocks (for non-leveraged trades) | Not applicable (CFD trading only) |
| Fractional Shares | Yes, users can invest as low as $10 in fractional shares | No fractional share investment (CFDs only) |
| Indices Trading | 13+ major global indices (CFDs only) | 30+ indices (including global markets) |
| Commodities Trading | 30+ commodities, including gold, silver, oil, agricultural products | 30+ commodities (precious metals, energy, agricultural products) |
| Forex Pairs | 49 currency pairs | 70+ currency pairs |
| Order Types | Market, Limit, Stop-Loss, Take Profit, Trailing Stop | Market, Limit, Stop-Loss, Take Profit, Stop-Out, Trailing Stop |
| Risk Management Tools | Stop-Loss, Trailing Stops, CopyTrader with risk limits | Customizable Stop-Loss, Margin Call Notifications, AutoClose orders |
| Hedging Capabilities | No (eToro does not allow hedge positions) | Yes (Axi allows hedge positions with zero margin impact) |
| Scalping Allowed | No | Yes (allowed on Pro and Standard accounts) |
| Supported Platforms | Proprietary web-based platform, Mobile App (iOS/Android) | MetaTrader 4 (Desktop, Mobile, WebTrader) |
| Customizable Interface | No customization options | MT4 offers full customization (indicators, layouts, trading robots) |
| Social Features | Social feed, public portfolios, chat, CopyTrader | No direct social features; third-party integration available |
| API Access | Limited API access for selected users | Full API access through MetaTrader brokers |
| Algo-Trading Compatibility | Limited to CopyPortfolios and automated copying strategies | Full compatibility with Expert Advisors (EAs) and scripts in MT4 |
| Trading Signals | Available through eToro social feeds | Available via MT4 plugins, Autochartist, and Myfxbook |
| Slippage Protection | No dedicated slippage protection; market orders may be filled at next best price | Advanced order execution, slippage settings adjustable in MT4 |
| Trade Execution Model | Market maker (dealing desk) model | No dealing desk (STP/ECN on Pro accounts) |
| Negative Balance Protection | Yes | Yes |
| Spread Customization | No (fixed by eToro's model) | Yes (depending on account type) |
| Trading Competitions | Not available | Periodic trading contests and promotions (region-dependent) |
| Account Base Currencies | USD (default for most users), no option for local currencies | Multiple base currencies (USD, EUR, GBP, AUD, etc.) |
| Platform Add-Ons | No external add-ons (proprietary platform) | Access to MT4 add-ons like Autochartist, PsyQuation, Myfxbook |
| Third-Party Integration | Limited (proprietary system) | Supports integration with Myfxbook, DupliTrade, VPS services |
| Market Depth Access | No (simplified trading interface) | Yes (visible through MT4 Level 2 data) |
| VPS (Virtual Private Server) | Not available | Available for free to Pro accounts with minimum trade volume |
| One-Click Trading | Yes | Yes (fully customizable in MT4) |
| Price Alerts | Yes (via app notifications) | Yes (via MT4 terminal and mobile alerts) |
| Mobile Trading Features | Full portfolio management, CopyTrading, deposits, and withdrawals | Full order management, customizable indicators, real-time alerts |
| Fees for Inactivity | $10/month after 12 months of inactivity | No inactivity fee |
| Time to Open an Account | 10-15 minutes (simple online verification) | 5-10 minutes (online KYC verification) |
| Charting Customization | Pre-set charting tools only, limited customization | Extensive customization with MT4 plugins and external indicators |
| News Feed | Real-time market news integrated within the platform | Market news via MT4 plugins and economic calendars |
| Economic Calendar | Integrated within eToro's platform | Integrated in MT4 and available on the Axi website |
| Sentiment Analysis | Yes (through user trade data showing % of buys vs sells) | Yes (via Autochartist and Axi signals) |
| Trading Community Size | Over 30 million users globally | Smaller but growing (primarily professional traders) |
| Global Availability | 100+ countries (some restrictions in the U.S.) | Available in 120+ countries (with regional variations) |
| Tax Reporting Tools | Integrated basic tax reports and portfolio summaries | No dedicated tax reporting tools (can export CSVs from MT4) |
| Leverage Customization | Fixed leverage limits based on regulations | Adjustable leverage (up to 500:1 for Pro) |
| Overnight Swap Fees | Yes (for leveraged positions) | Yes (for all positions held overnight) |
| Swap-Free Accounts | Yes (Islamic accounts available) | Yes (swap-free for Islamic accounts) |
| Maximum Trade Size | Up to $2,000,000 per trade (varies by instrument) | Unlimited on Pro accounts (subject to liquidity) |
| Scalping Restrictions | Not allowed (due to market maker model) | No restrictions on scalping (fully allowed) |
| Stop-Out Levels | 50% (retail), 20% (professional) | 20% on Pro accounts, 50% on Standard accounts |
| Latency and Order Speed | Good (average latency due to proprietary platform) | Faster execution on Pro accounts due to STP/ECN model |
| Account Verification Time | Usually 1-2 business days for KYC verification | Usually within 1 business day (depending on documents) |
| Number of Account Currencies | Limited to USD (for most users) | USD, EUR, GBP, AUD, CAD, CHF, JPY, SGD |
| Deposits in Local Currencies | No (converted to USD) | Yes (supports local currency deposits in certain regions) |
| Real-Time Portfolio Monitoring | Yes, integrated dashboard with P&L updates | Yes, full portfolio view and customization in MT4 |
| Advanced Risk Metrics | Risk score feature for CopyPortfolios | Risk exposure tracking in MT4 risk management tab |
| Stop Loss/Take Profit Adjustment After Order | Yes | Yes |
| News and Social Feeds | Integrated with user-generated posts and opinions | No social feed, but market news available through plugins |
| Withdrawal Speed | 2-8 business days depending on method | 1-5 business days for most payment methods |
| Trading Contests | Not available | Frequently offered (region-dependent) |
| Bonus Offers | No bonuses (regulated under strict financial rules) | Yes, occasional bonuses in regions where permitted |
| Security of Funds | Segregated client funds, insured in certain regions | Segregated client accounts, protection for eligible clients |
| Partnerships and Affiliations | Partners with TradingView for some tools | Partnerships with PsyQuation, Myfxbook, Autochartist |
| Local Support Presence | Primarily online support | Regional support offices in some countries |
| Customer Feedback Tools | Internal feedback surveys, user ratings on traders | Direct feedback through support channels |
eToro is best for beginners seeking social trading and stock ownership, while Axi caters to experienced traders with advanced tools, MT4 support, and tight spreads.