AxiTrader
Xtrade
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Overview
AxiTrader was founded in 2007 and is headquartered in Australia, while Xtrade was established in 2003 and is based in Australia. AxiTrader holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AxiTrader serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $0 at AxiTrader and $1 at Xtrade.
| Feature | AxiTrader | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2007 | 2003 |
| Country | Australia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AxiTrader and Xtrade, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Xtrade). AxiTrader charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. AxiTrader charges deposit fees; Xtrade does not. The two brokers are broadly comparable on fee structure.
| Feature | AxiTrader | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
AxiTrader offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AxiTrader supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | AxiTrader | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Xtrade compare. The two brokers are evenly matched on educational content.
| Feature | AxiTrader | Xtrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader uniquely supports bank transfer and credit/debit card and Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.
| Feature | AxiTrader | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | Yes | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader offers multilingual support. Both brokers are comparable on support quality.
| Feature | AxiTrader | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic | Not available |