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Side-by-Side Comparison Independent Updated Oct 2, 2026

Axi vs OANDA 2026: Which Broker is Better?

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

AxiOANDA
BrokerRank Score3.6/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.6 pips
Max Leverage1:500 ✓1:50
RegulationASIC, FCACFTC, FCA, ASIC ✓
PlatformsMT4, Proprietary MobileMT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
AxiOANDA
Best for Low Fees
AxiOANDA
Best for Regulation
OANDAAxi
Best Overall
OANDAAxi
Quick Answer

OANDA is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).

See full side-by-side comparison below

Axi vs OANDA: Key Differences

Feature

Axi

OANDA

Winner
Our Rating
3.6 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$3.5/lot
None
Regulated By
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
MT4, Proprietary Mobile
MT4, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Forex, Cfd, Indices, Commodities
Founded
2007
1996
Headquarters
Sydney, Australia
New York, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

Axi

OANDA

Spread From
0 pips
0.6 pips
Commission
$3.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the "Axi vs OANDA" comparison, OANDA emerges as the better choice for beginners due to its broader regulatory oversight, including the FCA and CFTC, and the absence of commission fees, making it more approachable for those new to trading. Axi, with its higher leverage of up to 1:500 and spreads from 0.0 pips on Pro accounts, is more suited for professional traders who can benefit from tighter spreads and higher leverage. On fees, Axi wins with its zero-pip spreads on Pro accounts, although it does charge a commission, which experienced traders might find advantageous.

Who Should Choose Which?

Axi

Axi

3.6/5

Choose Axi if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More market types (6)
OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • More regulatory licences (7)
  • More established (est. 1996)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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80% of retail CFD accounts lose money.

Both Axi & OANDA are available in

Frequently Asked Questions

1

Is Axi better than OANDA?

OANDA scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs OANDA's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Axi or OANDA?

Axi offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Axi vs OANDA?

Axi requires a minimum deposit of $0. OANDA requires $0.

4

Which broker is safer, Axi or OANDA?

Axi is regulated by ASIC, FCA, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.

5

What trading platforms do Axi and OANDA support?

Axi supports MT4, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

6

Can I use both Axi and OANDA?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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