Axi vs Exness

Axi vs Exness Comparison Table 2024
Axi	Exness
Review 3.7	Review 4.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Established in 2007, Axi is a multi-regulated forex and CFD broker that has made strides to improve its trading experience over the years, from expanding its suite of stocks and upgrading the Axi Academy to launching its own copy trading app.	Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
72.4% of retail investor accounts lose money when trading CFDs with this provider
Customer Reviews
	4 Based on 1 Exness customer reviews
Comment by Reviewer
"Axi is a stand-out option if you want to day trade forex on the MetaTrader 4 platform thanks to the broker’s growing selection of 70+ currency pairs, the MT4 NextGen upgrade, and tight spreads from just 0.2 pips if you opt for the Pro account."	"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Pros
Axi offers a terrific MT4 experience, enhanced with the NextGen plug-in for advanced order management and analytics, and complete with low execution latency of approximately 30ms. The growing educational resources in the Axi Academy, including free eBooks, video tutorials and notably interactive quizzes, are excellent for supporting beginner traders. Axi's latest copy trading app is really intuitive based on our tests with useful filtering options to match strategies with individual risk preferences. Advanced traders can now sign up for the Axi Select funded trader program through the broker’s offshore entity, providing funding up to $1 million with a 90% profit share.	Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side. Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders. Exness was the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes, highlighting its legitimacy. Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests. Exness Terminal offers a streamlined experience for beginners with dynamic charts while setting up watchlists is a breeze. Improved execution speeds, now averaging under 25ms, offer optimal conditions for short-term traders.
Cons
Axi is falling behind by only offering MT4 when many rivals now support MT5, cTrader, TradingView and proprietary software for a slicker experience with more advanced tools. Despite bolstering its stock CFDs in US, UK and EU markets, it’s still nowhere near as extensive as firms like BlackBull which offer thousands of equities for diverse opportunities. Axi still has our confidence but issues with the ASIC and FMA in recent years mean it needs to continue providing a secure environment while adhering to licensing conditions. Despite performing well whenever we use it, Axi's support is unavailable 24/7, which can be inconvenient for traders in different time zones or those needing assistance outside standard trading hours.	Retail trading services are unavailable in certain jurisdictions, such as the US and the UK, limiting accessibility compared to top-tier brokers like Interactive Brokers. MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone. Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders. Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
Awards
Best Forex Provider 2023 – Online Money Awards Best MT4 Provider UK 2022 – International Business Magazine Awards Best CFD Provider 2022 – Shares Awards Best CFD Provider 2021 – Shares Awards Most Transparent Forex Broker (Middle East) 2021 - Global Forex Awards Best EMEA Region Broker 2020 - ADVFN International Financial Awards	Best Multi-Asset Broker - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker in Africa - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker MEA 2024 - iFX EXPO Dubai 2024 Best IB/Affiliate Programme MEA 2024 - iFX EXPO Dubai 2024 Best Trading Conditions 2024 - UF Awards LATAM 2024 Best Multi-Asset Broker - Smart Vision Investment Expo 2023 Most Trusted Broker - Smart Vision Investment Expo 2023
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Trading Platforms
Axi Copy Trading MT4 AutoChartist	Exness Trade App Exness Terminal MT4 MT5 TradingCentral
Payment Methods
Airtel Alipay Boleto BPAY Credit Card Debit Card FasaPay Giropay iDeal JCB Card Maestro Mastercard Neteller PIX Payment POLi Skrill Sofort Visa Wire Transfer	Airtel AstroPay Bitcoin Payments Boleto Cashu Credit Card Debit Card FasaPay M-Pesa Mastercard Neteller Perfect Money Skrill Sticpay Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, FMA, DFSA, SVGFSA	CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
Axi’s app delivers a smooth, efficient trading experience, integrating all the tools needed for active trading in global markets right from your palm. Benefiting from upgrades to fix bugs and improve speed, it now features push notifications, personalized watchlists, and educational videos, all within a user-friendly interface that really impresses.	Exness Trade offers the complete mobile trading experience, delivering the broker’s fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it’s an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move.
Android App Rating
4.2	4.3
iOS App Rating
3.6	4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader, Myfxbook	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
	Exness has introduced a unique copy trading feature on its web platform and mobile app. Its user-friendly based on our tests but the performance statistics for strategies could be more detailed to better guide investor decisions.
Social Trading
Yes	Yes
Trade Signals
MT4, Autochartist
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CHF PLN	USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR DKK CHF HKD SGD AED SAR HUF BRL NGN THB VND UAH KWD QAR KRW MXN KES CNY
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Nasdaq Russell 2000 S&P 500	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Cocoa Coffee Copper Gasoline Gold Natural Gas Oil Platinum Precious Metals Silver	Aluminium Copper Corn Gold Lead Natural Gas Nickel Oil Palladium Platinum Silver Zinc
CFD Trading
Axi offers a growing suite of CFDs covering currencies, shares, indices, commodities and crypto (location dependent). It’s clearly built with active traders in mind with zero restrictions on scalping or algo trading, extensive leverage opportunities, and fast execution with latency under 100ms.	Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage up to 1:2000, tailored for advanced day traders and featuring over 100 technical indicators in its proprietary terminal.
Leverage
1:500	1:Unlimited
FTSE Spread
1.0	13.6
GBPUSD Spread
0.6	0.0
Oil Spread
0.03	0.0
Stocks Spread
0.07	0.9 (Apple Inc.)
Forex Trading
Axi’s 70+ currency pairs is its strongest market offering and beats out rivals like AvaTrade, which offers only 50+. Combine this with an elevated MT4 offering through the NextGen add-on, and Axi remains an excellent broker for forex traders.	Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet.
GBPUSD Spread
0.5	0.0
EURUSD Spread
0.2	0.0
EURGBP Spread
0.5	0.0
Assets
70+	100+
Currency Indices
	USD
Cryptocurrency
Axi provides 24/7 short-term trading opportunities on 30 popular cryptos paired with fiat currencies, other tokens and more unusually, metals. It also stands out with its high leverage up to 1:200 for advanced crypto traders, amplifying potential returns but also losses.	Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders.
Spread
From 0.0	Floating
Coins
BCH BNB BTC LTC OMG FTT BTC BCH DOG LTC XLM AAVE COMP LRC MKR SUSHI UNI BAT CRV ENJ LNK MANA MATIC SAND XRP LNK XRP KSM AVAX ETH SOL XTZ ADA DOT EOS	BTC LTC ETH XRP BCH SOL SNX UNI BAT DOT XTZ ADA BNB ENJ FIL DOGE COMP THETA AAVE LINK IOST CAKE MATIC HT MANA HBAR INCH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
72.4% of retail investor accounts lose money when trading CFDs with this provider