Axi vs Alpari 2024

AxiTrader is not publicly traded and does not operate a bank. AxiTrader is authorised by two Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). AxiTrader is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).

Axi, previously known as AxiTrader, is an evolving brand regulated in Australia, the UK, and the UAE. With just the MetaTrader platform available, and a limited range of investment products, Axi lags behind the best multi-asset brokers.

Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.

To open a trading account with Axi, you'll need to make an initial minimum deposit of $0.

Alpari requires a minimum deposit of $20 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both Axi and Alpari offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Alpari offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Axi holds 2 global Tier-1 licenses, while Alpari holds 0. Axi holds 1 global Tier-2 licenses, while Alpari holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Axi (81) earned a higher Trust Score than Alpari (68).

To compare the trading platforms of both Axi and Alpari, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Alpari offers a better experience. With research, Axi offers superior market research. Finally, we found Alpari to provide better mobile trading apps.

Here’s what trading platforms are available at Axi:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - No
• ZuluTrade - Yes
• TradingView - No

Here’s what trading platforms are available at Alpari:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Axi and Alpari offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Axi and Alpari both offer copy trading.

Axi provides traders 65 currency pairs (e.g., EUR/USD) compared to Alpari's 46 available pairs. If you are interested in trading CFDs, Axi offers traders access to 175 CFDs, while Alpari offers access to 105 CFDs; so Axi offers 70 more CFDs than Alpari.

We found in our testing that Axi offers a more diverse selection of investment options than Alpari, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Cryptocurrency (Physical).