Axivs
OANDAForex Broker Comparison
This comparison pits Axi against OANDA in a fight over regulation depth, platform variety, and cost. The axis of tension is whether strength in one area outweighs breadth in another.
Our Verdict
OANDA winsby 0.5 pts
OANDA outpaces Axi on the overall editorial score due to stronger regulation breadth, richer research, and a wider platform offering. Axi remains solid with MT4 usability and no inactivity fee, but its score trails OANDA.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Axi offers raw spreads; OANDA does not.
- 2Axi offers 220 instruments, OANDA offers 70.
- 3OANDA has a proprietary platform; Axi does not.
Who should choose Axi vs OANDA?
Find out which broker best suits your trader profile.
Choose Axi if…
Choose Axi if you want MT4 with strong EA support and no inactivity fee. You also get raw spreads with a clear price structure.
Choose OANDA if…
Choose OANDA if you want MT4, MT5, and a proprietary web/mobile platform with broad regulator coverage. You also benefit from strong research and investor protection with segregated funds.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Axi offers tighter spreads from 0.00 pips vs 1.00 pips for OANDA, reducing trading costs.
Best for safety & regulation
Axi vs OANDA: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.8 / 5▲ |
Axi vs OANDA Forex Broker Pros & Cons
Pros
No minimum deposit
Strong ASIC, FCA, and DFSA regulation
MT4-focused with excellent EA and algorithmic trading support
No inactivity fee
Client funds held in segregated accounts
Negative balance protection
Axi vs OANDA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Axi
criteria wins
1
OANDA
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Axi | OANDA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Axi vs OANDA: Frequently Asked Questions
OANDA rates 4.6/5 versus 4.1/5 for Axi. OANDA edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Axi starts from 0 pips, tighter than OANDA's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither Axi nor OANDA requires a minimum deposit, making both accessible regardless of starting capital.
Both Axi and OANDA hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Axi lists maximum leverage of 500:1, while OANDA lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Axi charges $7 per lot on commission-based accounts. Commission details for OANDA are not currently available. Check their website for up-to-date pricing.
Axi supports DXtrade, MetaTrader 4, while OANDA supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. OANDA has exclusive access to MetaTrader 5 and Proprietary Web/Mobile and TradingView.
