Exness vs Axi Comparison & Reviews

FeatureExnessAxi
Founded20082007
RegulationRegulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles)Regulated by FCA (UK), ASIC (Australia), DFSA (Dubai), FMA (New Zealand)
HeadquartersCyprusAustralia
Account TypesStandard, Pro, Raw Spread, ZeroStandard, Pro, Elite
Minimum Deposit$1 for Standard accounts, Higher for Pro accounts$0 (for Standard account), Higher for Pro and Elite accounts
Trading PlatformsMetaTrader 4, MetaTrader 5MetaTrader 4
Trading InstrumentsForex, Cryptocurrencies, Indices, Metals, Energies, Stocks, CommoditiesForex, Cryptocurrencies, Indices, Commodities
LeverageUp to 1:2000 (depending on region and instrument)Up to 1:500 (depending on region and instrument)
SpreadsFrom 0.0 pips (on Raw and Zero accounts), Higher spreads on Standard accountsFrom 0.0 pips (on Pro accounts), Higher spreads on Standard accounts
CommissionNo commission on Standard accounts, $3.50 per side on Zero and Raw accountsNo commission on Standard accounts, $3.50 per side on Pro accounts
Deposit & Withdrawal FeesNo fees for deposits or withdrawals, Instant withdrawals availableNo fees for deposits, withdrawal fees depend on payment method
Demo AccountYes, unlimited accessYes, unlimited access
Educational ResourcesTrading courses, webinars, tutorials, analysis tools, market newsTrading courses, eBooks, webinars, market analysis
Copy TradingYes, Exness Social Trading PlatformYes, through Axi Copy Trading App
Customer Support24/7 support via chat, email, phone, multilingual24/5 support via chat, email, phone, multilingual
Supported CountriesOver 180 countries, excluding the US and certain restricted regionsOver 100 countries, excluding the US, Canada, Japan, and certain restricted regions
Research ToolsMarket analysis, economic calendar, trading signals, sentiment dataEconomic calendar, Autochartist integration, technical analysis
Islamic AccountYes, swap-free Islamic accounts are availableYes, swap-free Islamic accounts are available
Order Execution SpeedUltra-fast execution (average 0.01 seconds)Fast execution, particularly for Pro accounts
Security MeasuresSSL encryption, segregated client funds, negative balance protectionSSL encryption, segregated client funds, negative balance protection
Promotions & BonusesOccasional bonuses (varies by region), Cashback programsOccasional bonuses (varies by region), No-deposit bonuses (select regions)
Accepted Payment MethodsBank transfers, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrenciesBank transfers, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrencies
Additional FeaturesVPS hosting, Trading calculator, Historical dataVPS hosting, PsyQuation analytics, Exclusive MT4 add-ons
Mobile AppYes, Exness Trader app available on iOS and Android, features include account management, tradingYes, Axi mobile app available on iOS and Android, includes account management, trading, research
Algorithmic TradingSupported, compatible with MT4/MT5 EA (Expert Advisors)Supported, compatible with MT4 EA (Expert Advisors)
Asset Classes OfferedOver 120 currency pairs, over 70 stocks, 30+ cryptocurrencies, commoditiesOver 70 currency pairs, 30+ indices, commodities, cryptocurrencies
Cryptocurrency TradingYes, includes BTC, ETH, LTC, XRP, BCH, and others with high leverageYes, includes BTC, ETH, LTC, and more; lower leverage compared to Exness
Trading Hours24/5 for most markets, cryptocurrencies available 24/724/5 for most markets, cryptocurrencies available 24/7
Account Currency OptionsMultiple currency options including USD, EUR, GBP, AUD, cryptocurrenciesLimited to major currencies like USD, EUR, GBP, AUD
Swap RatesCompetitive, with rates varying by account type, lower on Islamic accountsCompetitive, swap-free options on Islamic accounts
Stop-Out Level0% (for most accounts, but may vary by account type)20-50% depending on account type and regulations
Trading SignalsYes, in-built within MT4/MT5, Exness’s social trading featuresYes, MT4 add-ons and Axi Copy Trading platform provide signals
Scalping and HedgingBoth scalping and hedging are allowedBoth scalping and hedging are allowed
Lot SizeMicro-lots (0.01 lots) available, supports high-volume tradesMicro-lots (0.01 lots) available, with higher volume trading supported
Margin Call LevelTypically 60%, may vary based on account type and regulationsTypically 80%, varies based on account type
User Interface (UI) CustomizationHighly customizable with various themes and indicator settings on MT4/MT5Moderate customization available on MT4, Axi provides add-ons for enhanced features
Partnership ProgramsAffiliate programs, Introducing Broker (IB) options, loyalty programsAffiliate programs, Introducing Broker (IB) options
Historical Data AccessExtensive data provided for major instruments on MT4/MT5, API access availableLimited historical data via MT4, also provides API access
Risk Management ToolsStop-loss, take-profit, negative balance protection, margin call alertsStop-loss, take-profit, negative balance protection, margin call alerts
Execution ModelsMarket execution for most accounts, instant execution on some accountsMarket execution on all accounts, with low latency execution
Social Media PresenceActive on Facebook, Twitter, LinkedIn, YouTube with tutorials and market insightsActive on Facebook, Twitter, LinkedIn, YouTube with market analysis and trading tips
Web-Based TradingYes, supports WebTrader (MT4/MT5) with real-time access to accountsNo dedicated web platform, MT4 WebTrader is available
API AccessYes, supports API for advanced trading and integrationYes, provides API access for algorithmic trading
User ReviewsGenerally positive for execution speed and reliability, some concerns about platform feesGenerally positive for educational tools and support, some reports of withdrawal delays
Supported LanguagesOver 10 languages including English, Arabic, Chinese, Spanish, RussianOver 8 languages including English, Arabic, Chinese, Spanish, French
Transparency of FeesTransparent with clear fee breakdowns for commissions, spreads, and swap ratesTransparent, detailed fee information on website, especially for Pro accounts
Financial StabilityExness reports financial stability metrics and maintains segregated fundsAxi maintains segregated funds, with a good reputation for financial stability
Order Types SupportedMarket orders, limit orders, stop orders, trailing stop, OCO (one-cancels-the-other) ordersMarket orders, limit orders, stop orders, trailing stop
Trading AnalyticsAdvanced analytics including trading metrics, profit tracking, risk management toolsIn-depth analytics with PsyQuation, trading insights, and market trend reports
Minimum Trade Size0.01 lots for all account types0.01 lots for all account types
Guaranteed Stop LossNot availableNot available
Slippage ControlOffers slippage control tools during volatile market conditionsBasic slippage protection, particularly on Pro accounts
Rebate ProgramsYes, available depending on volume and regionYes, Axi Select program offers rebates based on trading activity
Negative Balance ProtectionYes, across all account typesYes, across all account types
Platform Add-OnsMT4/MT5 custom indicators, Exness add-ons include market depth and analysis toolsMT4 add-ons with exclusive Axi tools like Autochartist and PsyQuation
Financial Reporting ToolsReal-time reporting, profit/loss statements, monthly and annual statementsBasic financial reports, profit/loss statements, automated monthly/annual summaries
Execution TransparencyProvides real-time order execution transparency with minimal requotesTransparent execution reports available on request
Bonus and PromotionsYes, regional bonuses, welcome bonus, trading rewards, loyalty programLimited, occasional bonuses based on region, typically no-deposit bonuses
Advanced Trading ToolsEconomic calendar, real-time chart analysis, technical indicators, trading calculator, depth of market viewsEconomic calendar, technical indicators, trading sentiment data, market news
Managed AccountsNo managed accountsNo managed accounts
Institutional Trading OptionsYes, tailored for high-net-worth individuals and corporate clients, offers liquidity solutionsYes, tailored institutional accounts for high-volume traders
Corporate AccountAvailable, with advanced features for business and institutional tradingAvailable, allows higher trading volumes and enhanced features
Funding SpeedInstant for most payment methods, processing time varies for bank transfersGenerally fast, bank transfers may take up to 3-5 business days
Withdrawal Processing TimeInstant withdrawal options for certain methods (e.g., e-wallets), bank transfers may take 1-3 business daysUsually within 24 hours, e-wallets are faster, bank transfers can take up to 3 business days
Inactive Account FeesNoneYes, a monthly fee may apply after 12 months of inactivity
Referral ProgramYes, referral bonuses for existing clients who bring in new clientsYes, rewards for referrals based on trading activity of referred clients
Backtesting CapabilitiesAvailable through MT4/MT5 strategies tester, API access allows advanced custom backtestingAvailable through MT4 strategies tester, API support enhances backtesting options
Tax Reporting AssistanceProvides basic tax reporting but no direct tax adviceProvides transaction history for tax reporting, no tax advice
User Community AccessExness Community Forum, social media groups, customer support with knowledge baseAxiTrader Community, active social media, support team and FAQ resources
Crisis Event HandlingStabilized execution during major events, may restrict leverage temporarily to protect tradersMay restrict leverage and trading conditions during significant market events to protect traders
User Training LevelsBeginner, Intermediate, Advanced; Exness Academy offers step-by-step guidanceBeginner, Intermediate, Advanced; Axi provides webinars, tutorials, and courses for all levels
Depth of Market (DOM)Available on MT4 and MT5, useful for advanced traders to view order book levelsAvailable on MT4 (Pro accounts), ideal for traders using volume-based strategies
Account Verification ProcessEasy online verification through document upload, instant account approval in many casesOnline document upload, verification typically completed within 1-3 business days
Holiday Trading PoliciesLimited trading hours during international holidays, particularly for specific instrumentsReduced trading hours on holidays, alerts provided in advance to traders
High-Frequency Trading (HFT)Supported for certain accounts, market execution allows for HFT strategiesSupported on Pro accounts, market execution is favorable for high-frequency traders
Market Maker or ECNPrimarily a market maker but offers ECN-like conditions on Raw accountsMarket maker model with ECN-like conditions on Pro accounts
Funds Safety MechanismsSegregated client funds, comprehensive audits, financial stability disclosuresSegregated client funds, regular audits, regulatory transparency
Regional OfficesHas offices in various regions including Cyprus, Seychelles, South AfricaOffices in major regions including Australia, UK, Middle East
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Exness and Axi stand out for their robust trading features and regulatory backing, each providing unique advantages in trading instruments, account types, and advanced tools to meet diverse trader needs.