AxiTrader vs Binary.com, for 2024
Read our In-Depth AxiTrader vs Binary.com Review - Updated for 2024
Our review comparing AxiTrader and Binary.com has been updated for 2024 by industry experts boasting considerable expertise in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of AxiTrader vs Binary.com does not apply to all countries as follows:
AxiTrader Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Binary.com Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare AxiTrader vs Binary.com
Each platforms for online trading will have certain ups and downs, and a complete analysis of AxiTrader vs Binary.com cannnot be regarded as thorough without having an objective perspective.
Assess Binary.com and AxiTrader in order to understand how they stack up with each other prior to you open an account. Performing a side-by-side comparison can place factors in perspective so that you are cognizant of what to expect.
So you are looking for an online trading platform and are choosing between AxiTrader or Binary.com. Which one is best in 2024?
This AxiTrader vs Binary.com comparison contains the latest information so you can easily compare Binary.com against AxiTrader.
If you're a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll get proficient at all the concepts of broker since you keep trading. For starters, you have to select the right agent who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. AxiTrader and Binary.com are just two such trading platforms that will take you and your investment to great heights. It is crucial that you compare AxiTrader vs Binary.com before you trust them with your money.
Our AxiTrader vs Binary.com comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust AxiTrader and Binary.com side by side.
Our full AxiTrader vs Binary.com Review covers everything you need to know about trading with either AxiTrader or Binary.com. A fantastic agent can multiply your first investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
AxiTrader and Binary.com are both brokers that have forged their way successfully to the brokerage world. Within this review, we have attempted to collate some of the vital aspects of both AxiTrader and Binary.com. This review can help you to know whether either Binary.com or AxiTrader is a fantastic match for your investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of AxiTrader and Binary.com Compared
AxiTrader offers a minimum deposit of $0 while Binary.com offers a $250 minimum deposit.
Why smaller minimum deposits are good and how AxiTrader and Binary.com compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
AxiTrader allows you to trade around 100 financial instruments while Binary.com has around 100 financial instruments available.
The more financial instruments you can trade on the AxiTrader and Binary.com trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of AxiTrader or Binary.com.
AxiTrader and Binary.com Contact Details
Being able to contact your broker easily is a sign of a professional broker. AxiTrader and Binary.com have the following contact details and social medias that you can use.
Broker | AxiTrader | Binary.com |
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Telephone Number | +61 2 9965 5830 | |
service@axi.com | ||
Address | 36 - 38 Leadenhall St, London, Greater London EC3A 1AT | |
AxiTrader Twitter Account | Binary.com Twitter Account | |
AxiTrader Facebook Page | Binary.com Facebook Page | |
AxiTrader Instagram Account | Binary.com Instagram Account | |
AxiTrader LinkedIn Page | Binary.com LinkedIn Page | |
YouTube | AxiTrader YouTube Channel | Binary.com YouTube Channel |
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Binary.com and AxiTrader Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of AxiTrader and Binary.com we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
AxiTrader vs Binary.com - Awards
Broker | AxiTrader | Binary.com |
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Awards |
AxiTrader have won several industry awards over the time they have been operating as an online broker. We detail the most notable awards for AxiTrader here.
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At the time of writing this Binary.com review, and despite Binary.com’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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AxiTrader vs Binary.com - Frequently Asked Questions
AxiTrader vs Binary.com - Headquarters And Year Of Founding
AxiTrader was founded in 2007 and has its headquaters in Australia.
Binary.com was founded in 2014 and has its headquaters in United States.
What is the minimum deposit for Binary.com or AxiTrader
The minimum deposit for AxiTrader is $0.
The minimum deposit for Binary.com is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both AxiTrader and Binary.com are a good choice.
AxiTrader vs Binary.com - Regulation And Licencing In More Detail
AxiTrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA).
Binary.com is regulated by Unregulated.
Binary.com is unregulated but AxiTrader has a strong set of rules for ensuring honest trading onto its own platforms. For data encryption purposes, they provide industry-standard secure socket layer (SSL).
In accordance with their individual privacy regulation, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare AxiTrader vs Binary.com Commission And Fees
AxiTrader and Binary.com are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you're spending a spread, financing rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those that are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither AxiTrader or Binary.com charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees billed by AxiTrader and Binary.com are relatively competitive. Consequently, you are charged more for non-trading actions in your trading accounts, like withdrawal and deposits. These are not related to the sale and purchase of assets.
This AxiTrader vs Binary.com review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For AxiTrader And Binary.com
What Languages Do AxiTrader And Binary.com Support?
Being able to communicate easily with your online platform is a key part of comparing brokers to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both AxiTrader and Binary.com offer communication in.
How Many Clients Do AxiTrader and Binary.com Have?
Both AxiTrader and Binary.com are well established with their customer base. It is really important to work with a broker that is reputable and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many users AxiTrader and Binary.com are working with
What Payment Methods Do AxiTrader and Binary.com Accept?
AxiTrader and Binary.com both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at AxiTrader and Binary.com
What Can You Trade With AxiTrader and Binary.com?
AxiTrader offers 100 trading instruments and Binary.com offers 53.
Below you will find a full breakdown of what both AxiTrader and Binary.com offer.
AxiTrader Review
AxiTrader vs Binary.com:
Table Of Contents
- Compare AxiTrader vs Binary.com
- Benefits of AxiTrader and Binary.com Compared
- Binary.com and AxiTrader Mobile App Comparison
- AxiTrader vs Binary.com - Awards
- AxiTrader vs Binary.com - Frequently Asked Questions
- What is the minimum deposit for Binary.com or AxiTrader
- AxiTrader vs Binary.com - Regulation And Licencing In More Detail
- Compare Broker Fees For AxiTrader And Binary.com
- What Languages Do AxiTrader And Binary.com Support?
- How Many Clients Do AxiTrader and Binary.com Have?
- What Payment Methods Do AxiTrader and Binary.com Accept?
- What Can You Trade With AxiTrader and Binary.com?