Compare ThinkMarkets Vs Axi: Which is the Better Forex Broker in 2024?
ThinkMarkets Vs Axi, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between ThinkMarkets Vs Axi, here is the direct comparison:
Feature | ThinkMarkets | Axi |
General Rating |
2.87/5 |
2.44/5 |
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Score | 73 | 66 | |
Trustpilot |
4.3/5 79 users |
3.3/5 1435 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2010 | 2007 | |
💲 Min Deposit | $0 | $0 | |
⚖ Max Leverage | 1:500 | 1:500 | |
🔢 Spread | Variable | Variable | |
💸 Commissions | $3.50 | $7 | |
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Crypto, BPAY, Credit/debit cards, Ethereum, Neteller, PayPal, Skrill, Tether (USDT), Wire transfer and Perfect money | Skrill, Wire transfer, Credit/debit cards, Neteller and BPAY | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese | Arabic, German, English, Hungarian, Indonesian, Italian, Dutch, Polish, Thai, Vietnamese, Chinese |
🚪 Trade Now | Open ThinkMarkets | Open Axi |
Testimonials
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ThinkMarkets: I've been trading there for the last six months. A...
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ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
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ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
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ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
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ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
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ThinkMarkets: I've been trading there for the last six months. A...
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ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
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ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
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ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
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ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
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Axi: Axi
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Axi: Exeptional service
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Axi: great
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Axi: Good customer support
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Axi: Axi Select review
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ThinkMarkets: I've been trading there for the last six months. A...
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See More ThinkMarkets Testimonials
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See More Axi Testimonials
News
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Axi Renews Partnership with Esporte Clube Bahia for 2024 Season
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ThinkMarkets Expands Trading Options with NETH25 and SWI20 Indices
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ThinkMarkets Expands Trading Options with Spread Betting on ThinkTrader
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ThinkMarkets Now Licensed to Serve MENA Traders with DFSA Approval
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Axi Reports Nearly $12 Billion in Crypto CFDs Volume for January
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ThinkMarkets Faces $4.28M Lawsuit: Must Return Client Funds
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ThinkMarkets Introduces TradingView Integration on ThinkTrader
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ThinkMarkets Stumbles: FG Acquisition Corp. Withdraws IPO Prospectus
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Axi Extends Thrilling Partnership with Manchester City for Epic Campaign
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ThinkMarkets Introduces Mini Account with Dynamic Leverage
Articles
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, ThinkMarkets provides their pricing with Variable spread while Axi offers Variable spread.
ThinkMarkets vs Axi: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, ThinkMarkets enables trading with MetaTrader 4, MetaTrader 5, ThinkTrader, Social trading, Web. The offer is supported with One-click trading, Pending orders. In comparison, Axi provides trading with MetaTrader 4 (Limited with 30 days) with the support of One-click trading, Trailing stop, Pending orders.
Is ThinkMarkets or Axi better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, ThinkMarkets supports trading with Forex, Gold & silver, Stock CFD, Indexes, Crypto, Oil, while Axi presents the ability of trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
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