Two brokers clash over approach: a regulated CFD-centric model against a native crypto exchange with broad asset access. The tension centers on regulation, fees, and asset depth.
Bybit edges Axi on the editorial score with a higher overall rating (4.3 vs 3.8) and a stronger platform suite. Axi remains ASIC/FCA regulated but Bybit offers 500+ coins, proof of reserves, and a native exchange.
Find out which crypto exchange best suits your trading profile.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Axi wins for security due to ASIC/FCA regulation and segregated funds.
Bybit wins for low fees with a higher Fees & Spreads score and no deposit fees.
| Criteria | ||
|---|---|---|
| Editorial score | 3.8/ 5 | 4.3/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0 pips | N/A |
| Taker Fee | 7.00% | 0.10%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Axi | Bybit |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Pass |
| Segregated client funds | Pass | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Pass |
| 500+ coins listed | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Fail |
Bybit rates 4.3/5 versus 3.8/5 for Axi. Bybit edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
Axi lists a spread from 0. Current spread data is not available for Bybit. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither Axi nor Bybit requires a minimum deposit, making both accessible regardless of starting capital.
Axi holds top-tier regulation (FCA, ASIC, DFSA), providing stronger investor protections. Bybit may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, Axi provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
Axi offers up to 2:1 on perpetual or margin products, versus Bybit's 100:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Bybit charges $0.1 per trade, lower than Axi's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Axi supports DXtrade, MetaTrader 4, while Bybit supports Bybit. Axi has exclusive access to DXtrade and MetaTrader 4. Bybit has exclusive access to Bybit.
Bybit offers staking while Axi does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Bybit's supported coins, lock-up terms, and estimated yields before committing.
Bybit lists 500+ coins while Axi does not meet this threshold in our data. For traders who want access to many altcoins, Bybit has the broader selection. Confirm specific coin availability for your region on each exchange's website.
In our data: Bybit supports NFT trading. DeFi and NFT features vary between platforms. Check each exchange's current Web3 integrations and supported chains before making a decision.
Bybit wins for coin selection with 500+ coins versus Axi's 15.
Axi wins for beginners due to no minimum deposit and social trading.
Bybit offers staking and yield-earning options while Axi does not, making Bybit the better choice for holders who want to earn passive income on their crypto.
| 0.7 pips |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free (crypto/bank); card ~2% |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | CryptoBank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | CryptoBank transferCredit card |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | FCA ASIC DFSA | VARA MiCA |
|---|
| Cold Storage | No | Yes |
|---|
| Proof of Reserves | No | Yes |
|---|
| Staking | No | Yes |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | Yes |
|---|
| 500+ Coins | No | Yes |
|---|
| P2P Trading | No | Yes |
|---|
| Crypto Earn / Savings | No | Yes |
|---|
| Token Launchpad | No | Yes |
|---|
| Active bonuses | None | 2 offers |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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