OANDA vs Axi 2026: Which Broker is Better?
Choosing between OANDA and Axi depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Axi operates from Sydney, Australia. OANDA has the longer track record, established in 1996, compared to Axi which was founded in 2007. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
OANDA
Axi
| OANDA | Axi | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 | 1:500 ✓ |
| Regulation | CFTC, FCA, ASIC ✓ | ASIC, FCA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, Proprietary Mobile |
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 belowOANDA vs Axi: Key Differences
OANDA
WinnerAxi
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Fees Comparison
OANDA
Axi
Regulation & Trust
OANDA holds licences from FCA, CFTC, ASIC. Axi is regulated by ASIC, FCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Axi adds Stocks.
Fees & Spreads
On spreads, Axi is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at OANDA.
Trading Platforms
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Axi offers MT4, Proprietary Mobile. Both brokers are available on MT4, Proprietary Mobile.
Minimum Deposit
OANDA requires no minimum deposit, while Axi sets no minimum deposit. This makes OANDA accessible to traders with any budget.
Overall Ratings
BrokerRank scores OANDA at 4.09/5 and Axi at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- More regulatory licences (7)
- More established (est. 1996)
Axi
3.6/5
Choose Axi if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More market types (6)
Also consider
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.
Both OANDA & Axi are available in
Frequently Asked Questions
1Is OANDA better than Axi?
OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 rating vs Axi's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, OANDA or Axi?
OANDA offers spreads from 0.6 pips, while Axi starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs Axi?
OANDA requires a minimum deposit of $0. Axi requires $0.
4Which broker is safer, OANDA or Axi?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Axi holds licences from ASIC, FCA.
5What trading platforms do OANDA and Axi support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Axi supports MT4, Proprietary Mobile.
6Can I use both OANDA and Axi?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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