AxiTrader vs Plus500, Who's Better?
Read our In-Depth AxiTrader vs Plus500 Review - Updated for 2024
This AxiTrader vs Plus500 review has been updated to reflect any changes for 2024 by seasoned professionals with considerable expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of AxiTrader vs Plus500 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.
Plus500 Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare AxiTrader vs Plus500
Every online trading platforms will have certain ups and downs, and any comprehensive review of AxiTrader and Plus500 would not be regarded as thorough without adopting an objective perspective.
Assess AxiTrader and Plus500 to get a better understanding of the way they stack up with each prior to you choose to create an account. Performing a side-by-side comparison helps to bring aspects into perspective in order that you're cognizant of what to expect.
So you are looking for a professional broker and are choosing between AxiTrader or Plus500. Who should you choose?
Our AxiTrader vs Plus500 comparison contains the most recent information so you can easily compare Plus500 against AxiTrader.
If you are a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage as you keep trading. For starters, you need to choose the ideal agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. AxiTrader and Plus500 are just two such platforms that will take you along with your investment into great heights. It is crucial to compare AxiTrader vs Plus500 before you trust them with your cash.
Our AxiTrader vs Plus500 comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust AxiTrader and Plus500 side by side.
Our entire AxiTrader vs Plus500 Review covers everything you need to learn about trading using either AxiTrader or Plus500. A good broker can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investing goals.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you select them. It is a common misconception that all brokers will be the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
AxiTrader and Plus500 are both brokers that have paved their way successfully to the broker world. In this review, we've tried to collate a number of the important aspects of both AxiTrader and Plus500. This review will allow you to understand whether either Plus500 or AxiTrader is a good fit for your own investments or not. We've tried to breakdown all of the qualities and fees for your advantage.
Benefits of AxiTrader and Plus500 Compared
AxiTrader offers a minimum deposit of $0 while Plus500 offers a $100 minimum deposit.
Why smaller minimum deposits are good and how AxiTrader and Plus500 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 has around 100 financial instruments while Plus500 has around 100 on their platform.
The more financial instruments you can trade on the AxiTrader and Plus500 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 should never want to miss out on a trading opportunity due to the limitations of AxiTrader or Plus500.
AxiTrader and Plus500 Contact Details
Being able to contact your broker through many ways is important. AxiTrader and Plus500 have the following contact details and social medias that you can use.
Broker | AxiTrader | Plus500 |
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Telephone Number | +61 2 9965 5830 | +972 4-818-9503 |
service@axi.com | ||
Address | 36 - 38 Leadenhall St, London, Greater London EC3A 1AT | Bldg 25 Matam, Haifa, Haifa, Israel |
AxiTrader Twitter Account | Plus500 Twitter Account | |
AxiTrader Facebook Page | Plus500 Facebook Page | |
AxiTrader Instagram Account | Plus500 Instagram Account | |
AxiTrader LinkedIn Page | Plus500 LinkedIn Page | |
YouTube | AxiTrader YouTube Channel | Plus500 YouTube Channel |
Find Out More |
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Plus500 and AxiTrader Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of AxiTrader and Plus500 we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
AxiTrader vs Plus500 - Awards
Broker | AxiTrader | Plus500 |
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Awards |
AxiTrader have won numerous industry awards over the years they have been operating as an online broker. We show the most recognised awards for AxiTrader below.
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Plus500 have won many industry awards over the years they have been operating as an online trading platform. We detail the most recognised awards for Plus500 here.
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Find Out More |
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AxiTrader vs Plus500 - Frequently Asked Questions
AxiTrader vs Plus500 - Headquarters And Year Of Founding
AxiTrader was founded in 2007 and has its headquaters in Australia.
Plus500 was founded in 2008 and has its head office in Israel.
What is the minimum deposit for Plus500 or AxiTrader
The minimum deposit for AxiTrader is $0.
The minimum deposit for Plus500 is $100.
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 Plus500 are a good option.
AxiTrader vs Plus500 - 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).
Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546.
Both AxiTrader and Plus500 have a powerful collection of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare AxiTrader vs Plus500 Commission And Fees
AxiTrader and Plus500 are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people who are charged when you maintain a leveraged position for more than daily.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither AxiTrader or Plus500 charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees billed by AxiTrader and Plus500 are relatively lower. As a result, you're billed more for non-trading activities on your trading account, such as withdrawal and deposits. These are not related to the purchase and sale of resources.
This AxiTrader vs Plus500 review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For AxiTrader And Plus500
What Languages Do AxiTrader And Plus500 Support?
Being able to communicate easily with your trading platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading online.
Here you will find the languages that both AxiTrader and Plus500 offer communication in.
How Many Clients Do AxiTrader and Plus500 Have?
Both AxiTrader and Plus500 are well known and trusted. It is important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients AxiTrader and Plus500 are active on their platform
What Payment Methods Do AxiTrader and Plus500 Accept?
AxiTrader and Plus500 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 Plus500
What Can You Trade With AxiTrader and Plus500?
AxiTrader offers 100 trading instruments whilst Plus500 offers 2,000.
Below you will find a full breakdown of what both AxiTrader and Plus500 offer.
AxiTrader Review
AxiTrader vs Plus500:
Table Of Contents
- Compare AxiTrader vs Plus500
- Benefits of AxiTrader and Plus500 Compared
- Plus500 and AxiTrader Mobile App Comparison
- AxiTrader vs Plus500 - Awards
- AxiTrader vs Plus500 - Frequently Asked Questions
- What is the minimum deposit for Plus500 or AxiTrader
- AxiTrader vs Plus500 - Regulation And Licencing In More Detail
- Compare Broker Fees For AxiTrader And Plus500
- What Languages Do AxiTrader And Plus500 Support?
- How Many Clients Do AxiTrader and Plus500 Have?
- What Payment Methods Do AxiTrader and Plus500 Accept?
- What Can You Trade With AxiTrader and Plus500?