AxiTrader
patersons securities limited
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Overview
AxiTrader was founded in 2007 and is headquartered in Australia, while patersons securities limited was established in 2015 and is based in United States. AxiTrader holds licences including Financial Conduct Authority (FCA), while patersons securities limited is regulated by AFS Licence 234666 among others. AxiTrader serves 10,000+ clients worldwide; patersons securities limited has 10,000+. The minimum deposit is $0 at AxiTrader and $250 at patersons securities limited.
| Feature | AxiTrader | patersons securities limited |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | AFS Licence 234666 |
| Founded | 2007 | 2015 |
| Country | Australia | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AxiTrader and patersons 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 patersons securities limited). AxiTrader charges withdrawal fees while patersons securities limited does not, a notable advantage for frequent withdrawers. AxiTrader charges deposit fees; patersons securities limited does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | AxiTrader | patersons securities limited |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
AxiTrader offers MT4, MT5, cTrader, while patersons 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 | patersons 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 patersons securities limited compare. patersons securities limited runs regular live webinars; AxiTrader does not. patersons securities limited has a video library; AxiTrader does not. patersons securities limited publishes daily market commentary; AxiTrader does not. patersons securities limited integrates third-party research tools (Trading Central, Autochartist); AxiTrader does not. patersons securities limited maintains an archive of past webinars for on-demand viewing. patersons securities limited scores higher overall in education and research.
| Feature | AxiTrader | patersons securities limited |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
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 patersons securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). patersons securities limited uniquely supports PayPal and Skrill among the two brokers. patersons securities limited scores higher on deposit and withdrawal flexibility.
| Feature | AxiTrader | patersons 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 patersons 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 | patersons 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 |