AxiTrader
Forex.com
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Overview
AxiTrader was founded in 2007 and is headquartered in Australia, while Forex.com was established in 2001 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. AxiTrader serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $0 at AxiTrader and Typical at Forex.com.
| Feature | AxiTrader | Forex.com |
|---|---|---|
| Min. Deposit | $0 | Typical |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Founded | 2007 | 2001 |
| Country | Australia | United States |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between AxiTrader and Forex.com, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Forex.com applies inactivity fees on dormant accounts; AxiTrader does not. AxiTrader charges deposit fees; Forex.com does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | AxiTrader | Forex.com |
|---|---|---|
| Min. Deposit | $0 | Typical |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
AxiTrader offers MT4, MT5, cTrader, while Forex.com 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.
| Feature | AxiTrader | Forex.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Forex.com compare. Forex.com runs regular live webinars; AxiTrader does not. Forex.com has a video library; AxiTrader does not. Forex.com publishes daily market commentary; AxiTrader does not. Forex.com integrates third-party research tools (Trading Central); AxiTrader does not. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.
| Feature | AxiTrader | Forex.com |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). AxiTrader uniquely supports Neteller among the two brokers. Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | AxiTrader | Forex.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and Forex.com supports 3, giving AxiTrader broader global reach. Both brokers are comparable on support quality.
| Feature | AxiTrader | Forex.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic | English, Chinese, Arabic |