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Argonaut Securities logo

Argonaut Securities

8.4/10

AxiTrader

7.4/10
7/10RegulationWinner10/10
10/10FeesTied10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner6/10
10/10SupportTied10/10

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Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while AxiTrader was established in 2007 and is based in Australia. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while AxiTrader is regulated by Financial Conduct Authority (FCA) among others. Argonaut Securities serves 10,000+ clients worldwide; AxiTrader has 10,000+. The minimum deposit is $1 at Argonaut Securities and $0 at AxiTrader.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesAxiTrader
Min. Deposit$1$0
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)
Founded20092007
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and AxiTrader, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Argonaut Securities). AxiTrader charges withdrawal fees while Argonaut Securities does not, giving Argonaut Securities an edge for frequent withdrawers. Argonaut Securities charges deposit fees; AxiTrader does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureArgonaut SecuritiesAxiTrader
Min. Deposit$1$0
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while AxiTrader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureArgonaut SecuritiesAxiTrader
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, 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 Argonaut Securities and AxiTrader compare. Argonaut Securities runs regular live webinars; AxiTrader does not. Argonaut Securities has a video library; AxiTrader does not. Argonaut Securities publishes daily market commentary; AxiTrader does not. Argonaut Securities integrates third-party research tools (Trading Central, Autochartist); AxiTrader does not. Argonaut Securities maintains an archive of past webinars for on-demand viewing. Argonaut Securities scores higher overall in education and research.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesAxiTrader
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities 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.

AxiTrader wins this category
FeatureArgonaut SecuritiesAxiTrader
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities and AxiTrader offer live chat support. Both provide phone support. Email support is available at both brokers. Argonaut Securities supports 2 languages and AxiTrader supports 8, giving AxiTrader broader global reach. Both brokers are comparable on support quality.

Tied
FeatureArgonaut SecuritiesAxiTrader
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic