AxiTrader
XGLOBAL Markets
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Overview
AxiTrader was founded in 2007 and is headquartered in Australia, while XGLOBAL Markets was established in 2008 and is based in Cyprus. AxiTrader holds licences including Financial Conduct Authority (FCA), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AxiTrader serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $0 at AxiTrader and $500 at XGLOBAL Markets.
| Feature | AxiTrader | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2007 | 2008 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AxiTrader and XGLOBAL Markets, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. AxiTrader charges deposit fees; XGLOBAL Markets does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | AxiTrader | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
AxiTrader offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AxiTrader supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | AxiTrader | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and XGLOBAL Markets compare. XGLOBAL Markets has a video library; AxiTrader does not. XGLOBAL Markets integrates third-party research tools (Autochartist); AxiTrader does not. XGLOBAL Markets scores higher overall in education and research.
| Feature | AxiTrader | XGLOBAL Markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). AxiTrader uniquely supports Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.
| Feature | AxiTrader | XGLOBAL Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 XGLOBAL Markets offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and XGLOBAL Markets supports 2, giving AxiTrader broader global reach. Both brokers are comparable on support quality.
| Feature | AxiTrader | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic | English, and Chinese |