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Axion Trade vs XMTrading
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Axion Trade currently holds a stronger overall rating (5) than XMTrading (4.3).
Axion Trade has a higher minimum deposit than XMTrading, at 100.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same maximum lot size (100.0), but Axion Trade has a minimum lot size of 0.01, while XMTrading offers 0.1.
Axion Trade offers a lower maximum leverage of 1:500, whereas XMTrading allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 5.0 |
| Commission | 3.0 | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.1 |
| Maximum lot size | 100.0 | 100.0 |
| Spread | Fixed, Variable | Variable |
| Broker type | STP, ECN, Prime of Prime | Market Maker |
| Maximal leverage (1:?) | 500 | 1000 |
| Availability | STP, ECN, Prime of Prime | Market Maker |
| Regulation | FSC (British Virgin Islands) | FSA (Seychelles), FSC (British Virgin Islands) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XMTrading App |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Internal transfer, Bitcoin, Broker to Broker | Wire Transfer, Credit Card, Multiple local methods, Sticpay |
| Account Currency | USD | USD, EUR, JPY |
| Languages | English, Chinese | English, Japanese, Russian, Malay, Thai, Vietnamese, Korean |
| Country | Saint Vincent and the Grenadines | Seychelles |
| Trading platform(s) timezone | United Kingdom | Seychelles |
| Other trading instruments | Stocks, Futures, Indices, Commodities, Shares, CFDs, Cryptocurrency, Precious Metals, Bonds | Indices, Commodities, Energies, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
