AxiTrader
macquarie securities limited
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Overview
AxiTrader was founded in 2007 and is headquartered in Australia, while macquarie securities limited was established in 2019 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. AxiTrader serves 10,000+ clients worldwide; macquarie securities limited has 10,000+. The minimum deposit is $0 at AxiTrader and $250 at macquarie securities limited.
| Feature | AxiTrader | macquarie securities limited |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | 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-F274 |
| Founded | 2007 | 2019 |
| Country | Australia | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AxiTrader and macquarie securities limited, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $250 at macquarie securities limited). Both brokers charge withdrawal fees. AxiTrader charges deposit fees; macquarie securities limited does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | AxiTrader | macquarie securities limited |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
AxiTrader offers MT4, MT5, cTrader, while macquarie securities limited 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 | macquarie securities limited |
|---|---|---|
| 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, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and macquarie securities limited compare. macquarie securities limited runs regular live webinars; AxiTrader does not. macquarie securities limited has a video library; AxiTrader does not. macquarie securities limited publishes daily market commentary; AxiTrader does not. macquarie securities limited integrates third-party research tools (Trading Central); AxiTrader does not. macquarie securities limited maintains an archive of past webinars for on-demand viewing. macquarie securities limited scores higher overall in education and research.
| Feature | AxiTrader | macquarie securities limited |
|---|---|---|
| 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 macquarie securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). macquarie securities limited uniquely supports PayPal and Skrill among the two brokers. macquarie securities limited scores higher on deposit and withdrawal flexibility.
| Feature | AxiTrader | macquarie securities limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| 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 AxiTrader and macquarie securities limited 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 | AxiTrader | macquarie securities limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |