eToro vs AxiTrader, Who's Better?
Read our In-Depth eToro vs AxiTrader Review - 2022 Update
This eToro vs AxiTrader review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs AxiTrader review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
AxiTrader Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs AxiTrader
Every online trading platform will have a few pros and cons, and no eToro and AxiTrader review would be complete without having a balanced approach. Compare eToro and AxiTrader to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between eToro or AxiTrader. Which one is best in 2022?
Our eToro vs AxiTrader comparison contains the latest information so you can easily compare AxiTrader against eToro.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. 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 always.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. eToro and AxiTrader are two such trading platforms which will take you and your investment into great heights. It is important to compare eToro vs AxiTrader before you trust them with your money.
Our eToro vs AxiTrader comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and AxiTrader side by side.
Our full eToro vs AxiTrader Review covers everything you will need to know about trading with either eToro or AxiTrader. A good agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all agents are the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
eToro and AxiTrader are both brokers which have found their way successfully into the broker world. Within this review, we have attempted to collate a number of the vital facets of both eToro and AxiTrader. This review can help you to understand whether either AxiTrader or eToro is a good fit for your own investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Benefits of eToro and AxiTrader Compared
eToro has a minimum deposit of $50 while AxiTrader offers a $0 minimum deposit.
Why smaller minimum deposits are good and how eToro and AxiTrader 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.
eToro has around 100 financial instruments whilst AxiTrader allows you to trade around 100 financial instruments on their platform.
The more financial instruments you can trade on the eToro and AxiTrader 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 eToro or AxiTrader.
eToro and AxiTrader Contact Details
Being able to contact your broker simply is vital. eToro and AxiTrader have the following contact details and social medias that you can use.
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| Broker | eToro | AxiTrader |
| Telephone Number | +61 2 9965 5830 | |
| support@etoro.com | service@axi.com | |
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | 36 - 38 Leadenhall St, London, Greater London EC3A 1AT |
| eToro Twitter Account | AxiTrader Twitter Account | |
| eToro Facebook Page | AxiTrader Facebook Page | |
| eToro Instagram Account | AxiTrader Instagram Account | |
| eToro LinkedIn Page | AxiTrader LinkedIn Page | |
| YouTube | eToro YouTube Channel | AxiTrader YouTube Channel |
| Find Out More |
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AxiTrader and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing eToro and AxiTrader will examine whether their mobile app meets all our requirements.
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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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?
eToro vs AxiTrader - Awards
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| Broker | eToro | AxiTrader |
| Awards |
eToro have won numerous industry awards over the time they have been running as a financial broker. We detail the most notable awards for eToro below.
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AxiTrader have won many industry awards over the years they have been running as an online broker. We detail the most recognised awards for AxiTrader here.
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eToro vs AxiTrader - Frequently Asked Questions
eToro vs AxiTrader - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
AxiTrader was founded in 2007 and has its head office in Australia.
What is the minimum deposit for AxiTrader or eToro
The minimum deposit for eToro is $50.
The minimum deposit for AxiTrader is $0.
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 eToro and AxiTrader are a good option.
eToro vs AxiTrader - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
AxiTrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA).
Both eToro and AxiTrader have a powerful collection of rules for ensuring honest trading onto their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs AxiTrader Commission And Fees
eToro and AxiTrader are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily affected by the number of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of penalties for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you're paying a spread, funding speed, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight prices are people that are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither eToro or AxiTrader charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example daily or weekly trading.
However, non-trading fees charged by eToro and AxiTrader are comparatively greater. As a result, you are charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of resources.
This eToro vs AxiTrader review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And AxiTrader
What Languages Do eToro And AxiTrader Support?
Being able to communicate completely with your trading platform is a key part of comparing brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find the languages that both eToro and AxiTrader offer communication in.
How Many Clients Do eToro and AxiTrader Have?
Both eToro and AxiTrader are well established with their client base. It is important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers eToro and AxiTrader have
What Payment Methods Do eToro and AxiTrader Accept?
eToro and AxiTrader 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 eToro and AxiTrader
What Can You Trade With eToro and AxiTrader?
eToro offers 100 trading instruments whilst AxiTrader offers 100.
Below you will find a full breakdown of what both eToro and AxiTrader offer.
Compare eToro To All Other Brokers
Compare AxiTrader To All Other Brokers