Compare OvalX Vs Axi: Which is the Better Forex Broker in 2024?
OvalX 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 OvalX Vs Axi, here is the direct comparison:
Compare | OvalX | Axi |
General Rating |
1.00/5 |
2.48/5 |
Score | ||
Trustpilot |
4.5/5 293 users |
3.5/5 1404 users |
πΌ Regulation | ||
β Info | ||
β Established | 1965 | 2007 |
π² Min Deposit | $100 | $0 |
β Max Leverage | 1:400 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $7 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay | Skrill, Wire transfer, Credit/debit cards, Neteller and BPAY |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | Czech, Danish, English, Italian, Slovak | Arabic, German, English, Hungarian, Indonesian, Italian, Dutch, Polish, Thai, Vietnamese, Chinese |
πͺ Trade Now | Open OvalX | Open Axi |
Compare Again
News
-
Axi Reports Nearly $12 Billion in Crypto CFDs Volume for January
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Axi Extends Thrilling Partnership with Manchester City for Epic Campaign
-
Axi Inks Sponsorship Deal with Girona FC in LatAm
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Axi Sponsors Brazilian Football Team Esporte Clube Bahia
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Axi Extending Partnership Agreement with Manchester City
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OvalX Announces Closure, Clients Transferred to Capital.com
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FCA UK Warns of Fake Axi Companies
-
OvalX Starts Layoff Following Poor Performance
-
Axi Found New Management Under Rajesh Yohannan
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See More Related OvalX News
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See More Related Axi News
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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, OvalX provides their pricing with Variable spread while Axi offers Variable spread.
OvalX 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, OvalX enables trading with ETX TraderPro, MetaTrader 4. The offer is supported with Trailing stop, 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 OvalX 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, OvalX supports trading with Forex, Spread betting, Crypto, 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.
Looking for more references? Here are other comparisons related to OvalX and Axi:
- Compare OvalX vs MTrading
- Compare OvalX vs Vantage Markets
- Compare OvalX vs IC Markets
- Compare Axi vs FP Markets
- Compare Axi vs Grand Capital
- Compare Axi vs FIBOGroup
For more comparisons, visit this page.