afx group
AxiTrader
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Overview
afx group was founded in 2013 and is headquartered in Geneva, while AxiTrader was established in 2007 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. afx group serves 14,000,000+ clients worldwide; AxiTrader has 10,000+. The minimum deposit is $250 at afx group and $0 at AxiTrader.
| Feature | afx group | AxiTrader |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) |
| Founded | 2013 | 2007 |
| Country | Geneva | Australia |
| Clients | 14,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between afx group and AxiTrader, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $250 at afx group). AxiTrader charges withdrawal fees while afx group does not, giving afx group an edge for frequent withdrawers. AxiTrader charges deposit fees; afx group does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | afx group | AxiTrader |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
afx group 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 afx group does not offer. The two brokers are closely matched on platform offering.
| Feature | afx group | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 afx group and AxiTrader compare. afx group runs regular live webinars; AxiTrader does not. afx group has a video library; AxiTrader does not. afx group publishes daily market commentary; AxiTrader does not. afx group integrates third-party research tools (Trading Central); AxiTrader does not. afx group maintains an archive of past webinars for on-demand viewing. afx group scores higher overall in education and research.
| Feature | afx group | 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. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while AxiTrader supports 3 (bank transfer, credit/debit card, Neteller). afx group uniquely supports PayPal and Skrill among the two brokers. afx group scores higher on deposit and withdrawal flexibility.
| Feature | afx group | AxiTrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both afx group and AxiTrader offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | afx group | AxiTrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic |