Feature | Pocket Option | Axi |
---|---|---|
Year Established | 2017 | 2007 |
Regulation | MISA | ASIC, FCA, DFSA |
Trading Instruments | Binary Options on Forex, Stocks, Commodities, Indices, Cryptocurrencies | Forex, CFDs on Stocks, Commodities, Indices, Cryptocurrencies |
Minimum Deposit | $50 | $0 |
Trading Platforms | Proprietary Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), Axi WebTrader, Axi Copy Trading App |
Demo Account | Yes | Yes |
Leverage | Fixed payouts with up to 1:100 leverage on Forex | Up to 1:500 |
Spreads | Not applicable (Binary Options) | From 0.4 pips |
Commission | None | $7 round trip on Pro account |
Payouts | Up to 95% | Not applicable |
Account Types | Standard | Standard, Pro, Elite |
Mobile Trading | Yes (iOS, Android) | Yes (iOS, Android) |
Payment Methods | Credit/Debit Cards, Cryptocurrencies, E-wallets (Neteller, Skrill, etc.) | Bank transfers, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrencies |
Educational Resources | Basic Educational Resources | Webinars, Tutorials, Market News, Analysis |
Customer Support | 24/7 Support | 24/5 Support |
Bonus Offers | 50% Deposit Bonus | Occasional bonuses (varies by region) |
Social/Copy Trading | Yes | Yes (via Axi Copy Trading App) |
Negative Balance Protection | No | Yes |
Inactivity Fee | $50 after 3 months of inactivity | No |
Order Execution Speed | Instant for binary options | Fast execution, particularly for Pro accounts |
Islamic Account | No | Yes |
Scalping Allowed | No | Yes |
Hedging Allowed | No | Yes |
One-Click Trading | Yes | Yes |
Trailing Stop | No | Yes |
Automated Trading | Limited to copy trading | Supported, compatible with MT4 EA (Expert Advisors) |
VPS Hosting | No | Yes |
Regulatory Status | Regulated by a less recognized authority | Well-regulated by multiple authorities |
Reputation | Mixed reviews with some reports of unfavorable practices | Generally positive with a strong global presence |
Risk Level | High (Binary options are highly speculative) | Medium (Leverage trading risks) |
Best for Which Traders? | Binary options traders, short-term traders, beginners | Forex traders, scalpers, long-term investors, CFD traders |
Order Types | High/Low, Turbo, Long-term, Ladder, Pairs, One Touch | Market, Limit, Stop, Trailing Stop, OCO (One Cancels the Other) |
Market Coverage | Primarily binary options across multiple asset classes | Forex, CFDs on indices, commodities, cryptocurrencies, and stocks |
Charting Tools | Basic indicators, candlestick charts, timeframes, trend lines | Advanced indicators, multi-timeframe analysis, trading signals |
Execution Model | Fixed-odds trading, instant execution | ECN/STP, fast execution with deep liquidity |
Spread Type | Not applicable (fixed payouts) | Variable spreads based on market conditions |
Swap-Free Accounts | Not available | Available for Islamic traders |
Deposit Processing Time | Instantly for most methods | Varies by method (instant for e-wallets, up to 3 days for bank transfers) |
Withdrawal Processing Time | 24 hours to a few business days depending on method | 1-3 business days for standard methods |
Trading Fees | No direct fees, built into payout percentages | Spread-based fees, commission on Pro and Elite accounts |
Trading Hours | 24/7 for crypto, limited for other assets based on market hours | 24/5 for Forex and CFDs, crypto available 24/7 |
Account Verification Process | Quick, requires basic identity documents | Strict, requires proof of identity and address |
User Interface | Simple and beginner-friendly | Professional-grade with deep customization |
Risk Management Tools | Fixed-risk per trade | Stop-loss, take-profit, margin calls, negative balance protection |
Regulatory Oversight | Regulated by offshore financial authorities | Regulated by ASIC, FCA, DFSA, ensuring compliance |
Affiliate/Referral Program | Multi-tier commission-based affiliate program | IB (Introducing Broker) and White Label partnerships available |
API Access for Developers | Not available | Available for automated trading and custom integrations |
Market Sentiment Tools | Social trading, trader statistics | Market sentiment analysis, economic calendar, trading signals |
Platform Accessibility | Web-based, mobile app | WebTrader, desktop MT4, mobile apps for Android and iOS |
Trade Expiry Times | Ranges from 5 seconds to several hours | No expiration (open-ended trades with stop-loss and take-profit) |
High-Frequency Trading (HFT) Support | Not supported | Supported for professional traders with VPS hosting |
Order Modification | Cannot modify trades after execution, must wait for expiration | Allows modification of stop-loss, take-profit, and limit orders |
Slippage Protection | Not applicable due to fixed payouts | Offers slippage control, especially for high-volatility trading |
Guaranteed Stop-Loss | Trades close at predetermined expiration time | Standard stop-loss available, but no guaranteed stop-loss |
Hedging & Netting Mode | Trades operate independently without offsets | Supports hedging and netting in MetaTrader |
Liquidity Providers | Internal liquidity, no external order book | Uses Tier-1 banks and liquidity providers |
Account Base Currencies | USD, EUR, GBP, various cryptocurrencies | USD, EUR, GBP, AUD, JPY, and others |
Micro Lot Trading | Fixed binary contract sizes | Allows trading as low as 0.01 lots |
Market News & Analysis | Basic financial news feed | In-depth market analysis, economic calendar, daily trading insights |
Smart Trading Features | Social trading, quick execution buttons | Advanced algorithms, AI-driven trading signals, custom indicators |
Customizable Trading Strategies | Limited to pre-set binary options strategies | Full customization with MetaTrader EAs, scripts, and custom indicators |
Trading Competitions | Frequent trading tournaments with cash prizes | No trading competitions, focus on professional trading tools |
Deposit Bonus Terms | High bonus offers but with strict withdrawal conditions | No standard bonuses, but rebates for high-volume traders |
Trade Execution Transparency | Orders executed internally, no market depth visibility | ECN/STP execution model with full market depth |
Latency & Order Speed | Very fast for binary trading, milliseconds-level execution | Ultra-low latency with VPS and optimized infrastructure |
Withdrawal Limits | Daily withdrawal limits may apply | No limits for verified accounts, withdrawal limits depend on method |
Customer Support Languages | Multiple languages, including English, Spanish, and Russian | Global multilingual support in major languages |
Broker Type | Market Maker (Binary Options) | ECN/STP for Forex and CFDs |
Algorithmic Trading Support | No scripting capabilities, only manual or copy trading | Fully supports Expert Advisors (EAs) and algorithmic trading |
Advanced Order Types | Only simple high/low and turbo trades | Supports OCO (One Cancels the Other), trailing stops, and limit orders |
Institutional Services | Retail-focused with no institutional trading options | Offers liquidity solutions, asset management, and white-label services |
Trading Data Transparency | Payout percentages displayed before trade execution | Full market price history, depth of market, and historical tick data |
Customization of Trading Environment | Fixed interface with limited settings | Extensive customization via MetaTrader settings, themes, and tools |
Integration with Third-Party Services | Social trading networks integrated | Allows integrations with Myfxbook, ZuluTrade, AutoChartist, and TradingView |
Pocket Option is a binary options platform focused on quick trades and high payouts, while Axi is a Forex and CFD broker offering advanced trading tools, deep liquidity, and regulatory oversight. Axi is suited for professional traders, whereas Pocket Option caters to short-term speculators.