Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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RoboForex
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Axi
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RoboForex is a registered online broker since 2009 under the IFSC in Belize. Traders can select from five different account types (Prime, ECN, R StocksTrader, ProCent, Pro). These accounts allow trades starting from 0.01 lots and offer spreads beginning from 0 pips. In addition to the original service, RoboForex has expanded its platform by introducing the trading of CFDs and by developing a stock trading platform, including the CopyFX system. | Founded in 2007, Axi is a forex and CFD broker regulated by multiple authorities. It has enhanced its trading experience by expanding stock offerings, upgrading the Axi Academy, and launching a copy trading app. | |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $10 | $0 |
| Trading Platforms | R StocksTrader, MT4, MT5, TradingView | Axi Copy Trading, MT4, AutoChartist |
| Payment Methods | Alipay, AstroPay, Cashu, ecoPayz, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Volet, WeChat Pay, Wire Transfer | Airtel, Alipay, Boleto, BPAY, Credit Card, Debit Card, FasaPay, Giropay, iDeal, JCB Card, Maestro, Mastercard, Neteller, PIX Payment, POLi, Skrill, Sofort, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | IFSC | FCA, ASIC, FMA, DFSA, SVGFSA |
| Account Currencies | USD, EUR | USD, EUR, GBP, CHF, PLN |
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| Mobile Apps | iOS & Android, R StocksTrader | iOS & Android |
| App Review | RoboForex offers excellent iOS and Android platforms for short-term trading, including MT4 and MT5. The R StocksTrader app impresses with its wide stock and ETF options, portfolio analytics, customizable watchlists, an events tracker, and fast, reliable trading. However, it lacks the popular cTrader app preferred by many traders. | Axi’s app provides an efficient trading experience with all necessary tools for active global market trading. It includes bug fixes and speed improvements, push notifications, personalized watchlists, and educational videos, all in a user-friendly interface. |
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| Margin Trading | ✓ | ✓ |
| Account Types | STP, ECN, MAM, LAMM | STP, MAM, PAMM |
| AI / Machine Learning | ✗ | ✓ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✓ | ✓ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | Expert Advisors (EAs) on MetaTrader, Myfxbook |
| Copy Trading | ✓ | ✓ |
| Copy Trading Platform | RoboForex’s CopyFX service is tailored for currency traders, offering flexible fund control. The 'Rating' view presents useful metrics on master traders, such as profit/loss, maximum drawdown, balance, and number of trades over periods from 1 week to 6 months. However, the signup process and resources are complex, which might confuse new investors, and the interface lacks the smooth experience offered by leaders like eToro. | |
| Social Trading | ✓ | ✓ |
| Trade Signals | ✓ | MT4, Autochartist |
| VPS Hosting | ✓ | ✓ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✓ | ✓ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | $10 |
| Islamic Account | ✓ | ✓ |
CFD Trading | ||
RoboForex provides over 12,000 CFDs, which include forex, stocks, indices, commodities, futures and ETFs. Traders can start with a $10 deposit and enjoy high leverage of up to 1:2000. Despite its offerings, RoboForex has slower execution speeds of 1-3 seconds, compared to IC Market's 0.35 seconds. This could affect traders who employ quick strategies. | Axi provides a range of CFDs on currencies, shares, indices, commodities, and crypto (depending on location). It's designed for active traders, allowing scalping and algo trading, offering substantial leverage, and ensuring fast execution with latency under 100ms. | |
| Leverage | 1:2000 | 1:500 |
| FTSE Spread | 1.0 | |
| GBPUSD Spread | 0.4 | 0.6 |
| Oil Spread | 1.7 | 0.03 |
| Stocks Spread | 0.01 | 0.07 |
Forex Trading | ||
RoboForex provides trading options for over 30 currency pairs. It also has competitive average spreads of 0.1 pips on the EUR/USD for Prime and ECN accounts. Traders can start using the CopyFX system, a tool that replicates the strategies of experienced traders, with just a $100 minimum investment. | Axi offers more than 70 currency pairs, surpassing competitors like AvaTrade, which offers only over 50. With the enhanced MT4 through the NextGen add-on, Axi is a great choice for forex traders. | |
| GBPUSD Spread | 0.4 | 0.5 |
| EURUSD Spread | 0.1 | 0.2 |
| EURGBP Spread | 0.4 | 0.5 |
| Assets | 30+ | 70+ |
Cryptocurrency Trading | ||
Axi offers 24/7 trading on 30 popular cryptocurrencies with fiat currencies, other tokens, and metals. It features high leverage up to 1:200 for advanced crypto traders, increasing potential gains and losses. | ||
| Crypto Spread | Variable | From 0.0 |
| Crypto Coins | No | 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 |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |