Axi vs XM – Which CFD broker is a better choice?

Trading in today’s volatile markets requires state-of-the-art platforms, diversified offerings, and a trusted broker behind the wheel. Both Axi and XM have emerged as prominent players in this realm. Here’s a comprehensive look into the services offered by each, which will help traders make an informed decision.

1. Trading Platforms

Axi exclusively offers the globally recognized MT4 trading platform. This platform provides its users with the ability to trade from any browser and operating system, courtesy of the MT4 webtrader. On the other hand, XM offers both MT4 and MT5 platforms, with the added advantage of a WebTrader that’s accessible for both PC and Mac without any need for downloads.

2. Mobility and Accessibility

In today’s fast-paced trading world, mobility is crucial. Both Axi and XM acknowledge this by offering mobile applications, allowing traders to manage their portfolios on the go. Axi promises its users ultra-competitive pricing and support on its application available for both iOS and Android. XM echoes this sentiment, boasting features for both MT4 & MT5 users in its app.

Both platforms offer trading on various devices including MAC PCs, iPads, iPhones, Android phones, and Android tablets. This ensures that traders can access their accounts and react to market movements irrespective of their device or location.

3. Market Offerings

While Axi provides traders with access to 5 financial markets, XM extends its offerings to 8 financial markets. Forex trading is central to both platforms. Axi boasts over 70 FX currency pairs without any brokerage fees on standard accounts, emphasizing fast execution and competitive spreads. XM, meanwhile, offers more than 50 currency pairs, emphasizing tight spreads and no re-quotes.

Cryptocurrency enthusiasts will find both platforms accommodating. Axi’s MT4 platform allows seamless crypto trading without the need for a digital wallet. Furthermore, it provides up to 200:1 leverage on cryptocurrency trades. XM’s crypto trading offers up to 1:500 leverage and operates 24/7, reflecting the non-stop nature of the cryptocurrency market.

Interestingly, while Axi doesn’t offer Stock CFDs and Bonds for trading, XM does, allowing for cost-effective and direct access to global equity markets without any commission on stocks. Both brokers offer trading in commodities, equity indices, precious metals, and energies. Their approach to these markets emphasizes leveraging and competitive spreads.

4. Costs and Fees

Axi promotes a spread starting from 0.0 pips, targeting high volume traders with its VIP account, which charges USD 3.5 round trip, marking it 50% less than standard accounts. XM offers tight spreads as low as 0.6 pips on major currency pairs with no commission.

5. Leverage and Protection

Axi provides traders with a maximum leverage of up to 500:1. In comparison, XM offers flexible leverage ranging from 1:1 to a whopping 1000:1. Both platforms support negative balance protection, ensuring that traders cannot lose more than their account balance.

6. Special Features and Promotions

Axi offers a Swap-Free Account tailored to Islamic traders, ensuring that they don’t earn or pay interest due to religious beliefs. XM also provides this, along with a Swap-Free option for cryptocurrency trading. In terms of promotions, while Axi refrains from offering deposit bonuses, trading contests, and cashback rebates, XM does entice its users with a 50% deposit bonus, a no deposit bonus, cashback rebates, and exciting trading contests.

7. Deposits and Withdrawals

Both platforms ensure that adding and withdrawing funds is simple and secure. Axi supports a plethora of methods including Credit/Debit Card, Neteller, crypto options like BTC, ETH, and LTC, among others. They also pride themselves on charging no fees for transactions up to USD$50,000 per month. XM, on its part, covers all e-wallets, major credit cards, and wire transfers, promising zero fees on deposits and withdrawals.

8. Execution Policy

Both platforms prioritize fast and reliable order execution. Axi emphasizes lower latency, faster refresh rates, and fewer outages due to its direct connections with over 20 liquidity sources. XM promises ultra-fast trade execution with 99.35% of all orders executed in less than 1 second, emphasizing a strict no re-quotes policy.

Conclusion

Both Axi and XM offer robust platforms for traders with unique advantages.

While Axi stands out with its specialized MT4 platform and leverage options, XM diversifies with broader market offerings and promotional incentives.

As always, traders should consider their individual needs, trading styles, and risk appetite when making a choice.

Go to Axi’s Official Website

Go to XM’s Official Website

Are you interested in trading with XM?

Open an account with XM

XM is dedicated to setting the gold standard in the services it provides, a testament to its unwavering commitment to quality just as its clients prioritize. The company strongly believes that top-notch financial services require both versatile thinking and a consistent set of business principles. Keeping in step with the ever-evolving global market demands, XM is always open-minded, ensuring that it aligns with the unique investment goals of its clientele.

With XM, traders get more than just a platform to trade Forex, Cryptocurrencies, and CFDs. Here’s a closer look:

Personalized Service:

Every client gets a Personal Account Manager, ensuring that there’s always a point of contact, someone who knows your trading needs intimately.

Educational Resources:

XM provides a treasure trove of learning materials. Free access to Forex market research and daily webinars are available, aiding traders in making informed decisions. In addition, there’s an extensive library of video tutorials, offering unlimited access, catering to both beginners and seasoned traders.

Trading Aids:

XM ensures that its traders have all the tools they need. This includes daily access to Forex trading signals, technical analyses, and a comprehensive outlook on the Forex market. What’s more, the platform is available across 10 different platforms, making sure that traders can access their accounts on any device, from anywhere.

Customer Support:

Understanding the importance of round-the-clock assistance in the world of trading, XM provides 24/7 live help, ensuring that client queries are addressed promptly.

Explore more about XM

The trading options available with XM are vast:

• Forex Trading: With more than 50 global currency pairs, traders have ample choices to diversify their portfolios.
• Crypto CFDs: The digital age is here, and XM allows traders to indulge in Bitcoin, Ethereum, Ripple, and other prominent cryptocurrencies.
• CFD Options: Whether it’s global indices, commodities like sugar, cocoa, and wheat, or stocks from over 600 renowned companies, XM has it all. They even offer specialized Turbo Stocks, popular CFDs on stocks but with an impressive 1:200 leverage. For those interested in metals and energies, gold, silver, palladium, oil, gas, and other major energies are available to trade.

XM stands out not just because of its service range but also because of its reputation. Over 10 million clients trust XM for their trading needs, be it Forex, Cryptocurrencies, Commodities, or Stocks. A licensed and regulated broker, XM Group operates under the strict guidelines set by ASIC in Australia, CySEC in Cyprus, the FSC in Belize, and the DFSA.

The company’s global outreach is truly commendable. With clients spanning over 190 countries and staff fluent in over 30 languages, it’s evident that XM is a true global player. The management has even made efforts to visit more than 120 cities worldwide, all to better understand the requirements of their clients and partners.

At the heart of XM’s ethos is its client-first approach. Every client, irrespective of their net capital worth, investment size, or account type, is treated with equal respect and provided the same high-quality service. This principle is so deeply ingrained in XM’s foundation that it reflects in every facet of their operations, from trading conditions to client support.

Further enhancing XM’s appeal is its transparent and straightforward approach. What XM promises, it delivers, without hidden conditions or terms. Be it pricing, promotions, or execution, clients always get what they’ve been promised.

Open an account with XM

Trading with XM also ensures ease and convenience. All systems, from account creation to trading, have been designed keeping the client’s comfort in mind. This means simple, straightforward, and efficient operations across the board.

The company’s operational philosophy is undeniably effective. By prioritizing client satisfaction, they’ve managed to earn unwavering loyalty, building a reputation synonymous with credibility. XM has always kept its fingers on the industry’s pulse, adopting the latest technologies and adapting to emerging trends. This approach ensures that they’re always prepared to cater to the growing sophistication and demands of their clientele without compromising on the factors that affect client performance.

As a testament to XM’s commitment to providing exceptional trading conditions, they offer a range of benefits:

• Trading Accounts: Whether you’re looking to trade with micro or standard lots, XM has got you covered. The platform provides regular intra-day market updates, technical analyses, and guarantees the same execution quality across all account types.
• XM Ultra-Low Account: This special account provides swap-free trading on popular instruments like Gold, EURUSD, GBPUSD, and many more. With zero swaps, no commissions, a high leverage of up to 1000:1, and spreads on major pairs going as low as 0.6 pips, it’s a highly attractive option for traders.

Traders can also experience the convenience of trading on the move with the XM MT4 & MT5 app, which is available for download from the app store. Whether you’re an existing client or new to XM, the app ensures a smooth mobile trading experience with a plethora of features, from instant order execution, advanced charts, to the latest market news.

In conclusion, choosing XM means opting for a platform that’s big in vision, fair in dealings, and genuinely values human connections. Established in 2009, with over 10,000,000 clients, XM has matured into a formidable player in the financial industry, driven by a team of over 900 seasoned professionals. With a vast experience, support in numerous languages, and an ever-evolving array of services, XM stands as the broker of choice for traders worldwide. Whether you’re a novice or an expert, XM has the resources and expertise to help you realize your investment goals.

Go to XM’s Official Website

Are you interested in trading with Axi?

Open an account with Axi

Established in 2007, Axi’s legacy in the world of trading has been nothing short of a meteoric rise. Starting from a simple two-person endeavor, they’ve expanded the horizons to become one of the foremost industry leaders in online trading. Fast forward to today, the customer base has swelled to over 60,000 individuals who put their trust in the capabilities. This is a journey marked not just by numbers, but by the unwavering dedication to quality and excellence.

Axi’s Philosophy: The Trader’s Champion

Every trader’s journey is unique, filled with aspirations and challenges. Recognizing this, Axi was created by traders and tailored for traders. This means they’ve been in your shoes and they know the nuances and intricacies of the trade. Whether you are dipping your toes into the trading waters or you are a seasoned pro navigating the vast oceans of financial markets, Axi equips you with:

1. Tight Spreads: Ensuring your trades are cost-effective.
2. Supersonic Execution: Time is money, and Axi saves you both.
3. State-of-the-art Tools: Giving you an edge in the market.
4. Unparalleled Customer Service: Award-winning and always at your beck and call.

Furthermore, the operations span over 100 countries, showcasing our international presence and trustworthiness. Adherence to regulations set by globally recognized licensing authorities is a testament to the commitment to transparency and integrity.

Go to Axi’s Official Website

Axi’s Technological Supremacy

In the age of technology, a trader’s best companion is often the technology they employ. Modern-day traders, empowered with information, seek platforms that don’t just meet, but exceed their expectations. This is where Axi’s cutting-edge technology comes into play:

• Robust Platforms: Stability is crucial when the market heats up.
• Instantaneous Trade Execution: When you spot an opportunity, Axi ensures you don’t miss it.
• Raw Spreads: Axi believes in transparency, ensuring you see the real market.
• Diverse Leverage Options: Customizable up to 500:1, catering to your risk appetite.

Behind these offerings is the constant investment in network technology that guarantees reduced latency. This, in essence, offers faster pricing, which refreshes at unparalleled speeds and taps into comprehensive liquidity sources.

Explore more about Axi

The Low Latency Advantage

In trading, every millisecond counts. Axi’s emphasis on low latency translates into multiple tangible benefits for traders:

1. Reduced Slippage: Protecting you from unexpected market movements and potential losses.
2. Real-time Updates: Crucial during events causing market volatility.
3. Enhanced Reliability: The connection with over 20 liquidity sources bypasses traditional, slower ECN-style tech, ensuring consistent and deep pricing.

Trade Forex with Axi

Diverse Trading Avenues at Axi

Traders are diverse, and so are their interests. Recognizing this, Axi presents a myriad of trading options:

Forex Trading:

Dive into the world’s largest financial market with over 70 FX pairs.

Commodities:

Access a plethora of commodities, from precious metals to energy resources.

Share CFDs:

Engage with global markets, and choose from an array of popular stocks.

Cryptocurrency CFDs:

Navigate the exhilarating world of digital currencies, from Bitcoin to Ripple, without the hassles of managing digital wallets.

Setting up with Axi is a breeze. A user-friendly interface, combined with top-tier encryption protocols, ensures a smooth and secure onboarding process. Simply fill in your details, verify your identity electronically, and fund your account using a plethora of secure methods.

At Axi, every trader is a priority. With Axi’s 24/5 award-winning service, they stand firmly by your side, ensuring you’re always a step ahead. Dive into the world of trading with Axi and experience excellence at every turn!

Go to Axi’s Website

FAQs to summarize the article

What trading platforms do Axi and XM offer?

Axi provides the MT4 trading platform exclusively, while XM offers both MT4 and MT5 platforms along with a WebTrader.

Do both brokers have mobile trading apps?

Yes, both Axi and XM offer mobile applications for iOS and Android devices, enabling traders to manage their portfolios on the go.

How many financial markets do Axi and XM offer access to?

Axi provides access to 5 financial markets, while XM extends its offerings to 8 financial markets.

How do the cryptocurrency trading features of Axi and XM compare?

Axi offers crypto trading on its MT4 platform with up to 200:1 leverage without the need for a digital wallet. XM provides up to 1:500 leverage on crypto trades, operating 24/7.

What are the costs and fees associated with Axi and XM?

Axi has spreads starting from 0.0 pips, and its VIP account charges USD 3.5 round trip. XM offers spreads as low as 0.6 pips on major currency pairs with no commission.

How do the leverage options of Axi and XM differ?

Axi offers up to 500:1 maximum leverage, whereas XM provides leverage ranging from 1:1 up to 1000:1.

Do both platforms support negative balance protection?

Yes, both Axi and XM support negative balance protection, ensuring traders cannot lose more than their account balance.

What are the special features and promotions of Axi and XM?

Axi offers a Swap-Free Account tailored to Islamic traders. XM offers this and additional promotions including a 50% deposit bonus, cashback rebates, and trading contests.

How do Axi and XM ensure ease of deposits and withdrawals?

Axi supports multiple methods, including Credit/Debit Card and Neteller, with no fees for transactions up to USD$50,000 per month. XM covers e-wallets, major credit cards, and wire transfers with zero fees.

What are the execution policies of Axi and XM?

Axi emphasizes lower latency and faster pricing from over 20 liquidity sources. XM ensures ultra-fast trade execution with 99.35% of orders executed in less than 1 second.

What personalized services does XM offer?

XM provides every client with a Personal Account Manager, educational resources, trading aids, and 24/7 live customer support.

How extensive are XM’s trading options?

XM offers more than 50 global currency pairs, cryptocurrency CFDs, CFDs on global indices, commodities, and stocks from over 600 renowned companies.

What is the XM Ultra-Low Account?

It’s a special account offering swap-free trading on popular instruments, with zero swaps, no commissions, a high leverage of up to 1000:1, and low spreads.

What is Axi’s emphasis on technology?

Axi focuses on low latency, robust platforms, instant trade execution, raw spreads, and diverse leverage options up to 500:1.

What trading options does Axi offer?

Axi provides options for Forex trading with over 70 FX pairs, commodities, share CFDs, and cryptocurrency CFDs without the need for digital wallets.