Higher Rated
OANDA
Capital at risk · T&Cs apply
In the competitive world of online trading, Axi and OANDA stand out with distinct offerings tailored to different types of traders. Axi, with a rating of 3.62/5, appeals to cost-conscious traders who value low spreads, high leverage up to 1:500, and the absence of a minimum deposit, making it suitable for both beginners and experienced traders seeking diverse market access. In contrast, OANDA, rated 4.09/5, is ideal for traders requiring robust regulatory oversight across multiple jurisdictions and access to extensive historical data, though they may face wider spreads and a lower leverage cap of 1:50. While Axi focuses on low-cost trading with its MT4 platform, OANDA provides a broader regulatory footprint and proprietary platforms for traders prioritising trust and data richness.
Axi
OANDA
| Axi | OANDA | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:50 |
| Regulation | ASIC, FCA | FCA, CFTC, ASIC ✓ |
| Platforms | MT4, Proprietary Mobile | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).
See full side-by-side comparison belowAxi
OANDA
WinnerAxi
OANDA
Axi
3.6/5
Choose Axi if you want…
OANDA
4.1/5
Choose OANDA if you want…
OANDA scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs OANDA's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Axi offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
Axi requires a minimum deposit of $0. OANDA requires $0.
Axi is regulated by ASIC, FCA, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
Axi supports MT4, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.