Advanced Global Markets
AxiTrader
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while AxiTrader was established in 2007 and is based in Australia. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while AxiTrader is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; AxiTrader has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $0 at AxiTrader.
| Feature | Advanced Global Markets | AxiTrader |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) |
| Founded | 1992 | 2007 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and AxiTrader, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Advanced Global Markets). Both brokers charge withdrawal fees. Advanced Global Markets charges deposit fees; AxiTrader does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | Advanced Global Markets | AxiTrader |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while AxiTrader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AxiTrader supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | AxiTrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and AxiTrader compare. Advanced Global Markets runs regular live webinars; AxiTrader does not. Advanced Global Markets has a video library; AxiTrader does not. Advanced Global Markets publishes daily market commentary; AxiTrader does not. Advanced Global Markets integrates third-party research tools (Trading Central); AxiTrader does not. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | AxiTrader |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while AxiTrader supports 3 (bank transfer, credit/debit card, Neteller). AxiTrader uniquely supports Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.
| Feature | Advanced Global Markets | AxiTrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and AxiTrader offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and AxiTrader supports 8, giving AxiTrader broader global reach. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | AxiTrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic |