Axi vs Deriv – Which CFD broker is a better choice?

When it comes to choosing an online trading platform, traders consider a range of factors, from trading platforms and mobile applications to the range of markets offered. In this detailed comparison, we put two platforms, Deriv and Axi, side by side to see how they match up.

1. Trading Platforms and Accessibility

Deriv offers a diverse suite of platforms that cater to different trading needs. These platforms include MT5, DerivX, Deriv EZ, Deriv GO, Deriv Trader, and SmartTrader. The beauty of Deriv’s platforms is their versatility, as all of them are available via the web and as mobile applications. Specifically, Deriv GO is optimized for trading multipliers on the move, allowing traders to engage in forex, derived indices, and cryptocurrencies. It boasts a pleasant dark theme and offers a smooth trading experience.

Axi, on the other hand, has kept its focus on the tried and tested MT4 platform. With MT4, Axi offers a webtrader platform that allows users to trade from any browser and operating system, making it quite versatile. Additionally, Axi’s mobile application offers an extensive range of functionalities, allowing users to manage risk, track portfolio success, and trade over 500 products on both iOS and Android.

2. Markets and Offerings

Deriv gives its users access to seven financial markets. Traders can benefit from high leverage when trading CFDs on forex, enabling a fraction of the contract’s value payment. This platform also provides opportunities to trade global stocks, commodities like silver, gold, and oil, as well as synthetic indices that simulate real-world market movements 24/7. The synthetic indices are particularly unique because they are unaffected by regular market hours and global events, giving traders flexibility.

Axi, however, provides access to five financial markets, including over 70 FX currency pairs. Traders can access a range of commodities, from gold and silver to oil and coffee, with a margin requirement as low as 0.5%. The platform also offers up to 500:1 leverage on index CFDs and a leverage of 200:1 for commodities and cryptocurrencies.

3. Cost and Leverage

When we explore into the cost structure, Deriv stands out with its competitive spreads, some as low as 0.5 pips, especially in a high-liquidity market like forex. They don’t charge a commission, and traders can access leverage up to 1:1000, depending on the market. However, this goes up to a max of 1:30 for EU/AU.

Axi, conversely, offers spreads from 0.0 pips and provides a VIP account tailored for high-volume traders. The commission fees for this are 50% less than standard accounts. In terms of leverage, Axi provides up to 500:1, depending on the market being traded.

4. Deposit and Withdrawal

Deriv’s deposit and withdrawal methods are varied. Traders can use debit and credit cards, e-wallets, cryptocurrency wallets, and more. What’s commendable is the zero fees on deposits and withdrawals, ensuring traders retain more of their funds.

Axi provides simple, secure funding and withdrawal methods, including Credit/Debit Card, Crypto, Skrill, and others. They charge no fees for transactions up to a value of USD$50,000 per month, ensuring cost efficiency for traders.

5. Additional Features

Deriv offers both synthetic and financial swap charges, with synthetic being calculated annually and financial being calculated based on volume, contract size, and point value. They also support negative balance protection and offer swap-free accounts for Islamic traders and all other traders.

Axi’s features include a lower latency, reducing chances of slippage and thus minimizing trading costs. They offer fewer outages due to their direct connection with over 20 liquidity sources. Also, they cater to Islamic traders by offering a swap-free account.

In conclusion, both Deriv and Axi have their unique strengths. While Deriv stands out with its diverse trading platforms and synthetic indices, Axi remains focused on delivering through MT4 and offers extensive forex trading options. Choosing between them ultimately comes down to individual trader needs and preferences.

Go to Axi’s Official Website

Go to Deriv’s Official Website

Are you inclined to trade with Deriv?

Established as a prominent figure in the global online brokerage landscape, Deriv stands tall as one of the world’s largest platforms offering Contracts for Differences (CFDs) and other diverse derivatives. These products span across various financial instruments, including forex, stocks & indices, cryptocurrencies, and commodities, making it a hub for traders worldwide.

With its inception rooted in the quest to provide a revolutionary alternative to the traditional brokers—who often charged exorbitant commissions and were limited in their product offerings—Deriv aspired to carve a niche. It sought to marry the digital inclination of modern traders with the essentials: an experience that is top-tier, inclusive of both large and small account holders.

Over the course of an illustrious 22 years, Deriv’s commitment to democratizing trading has remained unwavering. The platform has witnessed an exponential growth, now boasting a user base of over 2.5 million global customers. But the heart of its mission remains unchanged—making trading accessible to everyone, irrespective of their geographic location.

Open an account with Deriv

The Pillars of Deriv: Values & Principles

The core values of Deriv are seamlessly woven into its operational fabric:

Integrity is a cornerstone.

The emphasis is on treating customers with sheer transparency and fairness. Every contract is settled meticulously, ensuring every conversation is truthful.

Customer Focus takes precedence.

By keeping the customer at the heart of every initiative, Deriv relentlessly works towards refining its products for an unparalleled user experience.

Competence is cherished.

It’s not just about having skilled colleagues; it’s about fostering a culture where learning, growth, and the exercise of sound judgment are encouraged.

Teamwork is celebrated.

Collaborative spirits that bring departments together, amalgamating humility with ambition, are the real heroes behind Deriv’s success.

Furthermore, Deriv’s guiding principles serve as its compass. They ensure reliability, fair dealings, clarity in communication, and responsible practices—emphasizing transparency in all contracts, maintaining clear definitions of trading risks, and fostering an environment where unethical practices, like hard-selling, are a strict no.

Go to Deriv’s Official Website

Why Millions Trust Deriv

Deriv’s legacy is buttressed by its track record. The Deriv Group, which also encompasses the brand Binary.com, pioneered the world’s first fixed-odds trading service in 1999. This innovation set the stage for decades of growth and the unyielding trust of traders globally.

Ensuring a secure trading environment, Deriv operates under the watchful eyes of multiple regulatory bodies, including the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority, the Vanuatu Financial Services Commission, and the British Virgin Islands Financial Services Commission. This regulatory supervision is complemented by Deriv’s commitment to safeguarding client funds. Client capital is meticulously segregated, housed in secure financial institutions, ensuring that, even in an unlikely event of insolvency, clients’ funds remain untouched.

Deriv also champions responsible trading. Recognizing the thrill and the inherent risks of online trading, it endeavors to protect its clientele, especially the novices. Traders can familiarize themselves with the trading environment using unlimited virtual funds, ensuring they’re well-equipped before taking financial risks. And when they’re trading for real, Deriv’s dedicated support team is just a chat away, available round the clock.

The platform’s commitment to fostering a client-centric trading environment is palpable. With a suite of tools, platforms, news updates, webinars, ebooks, and more, Deriv ensures traders are well-informed. Safety is paramount, with advanced security measures, like SSL encryption, ensuring that both accounts and personal data are shielded from potential threats.

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The Trading Experience on Deriv

Deriv offers a spectrum of products and platforms, each meticulously crafted to cater to varied trading preferences:

CFDs on Deriv:

At the heart of CFD trading on Deriv is high leverage and tight spreads. With leverage, traders can command larger positions without needing a proportional balance. Tight spreads ensure cost-efficiency. Deriv also offers an extensive array of markets and seamless deposit and withdrawal options.

Options on Deriv:

From digital options, allowing predictions between two potential outcomes, to accumulator options and vanilla options that cater to varied strategic needs, Deriv ensures a diversified options trading experience.

Multipliers on Deriv:

A hybrid product, multipliers merge the advantages of leverage with the controlled risk of options. This means traders can amplify their profits when the market is favorable but are shielded from excessive losses.

Deriv MT5 and Deriv X:

These platforms offer a comprehensive multi-asset trading experience. With assets spanning forex, stocks, cryptocurrencies, and more, traders can diversify their portfolio with ease.

Deriv GO:

Tailored for the modern trader, this mobile app is optimized for trading on-the-go. With a plethora of features, it ensures trading remains seamless and efficient, even when away from a desktop.

Deriv is more than just an online broker; it’s a legacy built over two decades, focused on creating a platform where trading becomes second nature, where every trader feels empowered, educated, and valued.

Go to Deriv’s Official Website

Are you inclined to trade with Axi?

Open an account with Axi

From its inception in 2007 as a humble two-person startup, Axi has risen phenomenally. Today, it stands as an emblem of excellence in online trading. With the loyalty of over 60,000 customers from over 100 countries, Axi has solidified its reputation as a force to be reckoned with in the financial trading arena.

Go to Axi’s Official Website

Crafted by Expertise: Axi’s Inception and Evolution

Being forged by traders for traders, Axi has a unique understanding of trader desires and challenges. Over the years, this insight has been the compass guiding its offerings. Catering to both newcomers and professionals, Axi ensures that every user benefits from:

1. Tailored spreads: Adjusted to ensure the most competitive rates.
2. Instantaneous execution: Reflecting the importance of timing in trading.
3. State-of-the-art tools: Continually updated to remain at the forefront of technological advancements.
4. 24/5 award-winning customer service: A testament to Axi’s commitment to its clientele.

Moreover, under the vigilant eyes of globally respected licensing authorities, Axi promotes an environment of transparent, trustworthy trading.

Open an account with Axi

Axi’s Competitive Edge: The Unseen Forces

While many platforms boast advanced interfaces, Axi’s true prowess lies in what remains unseen. By investing in technology that lowers latency, Axi provides traders with:

• Enhanced cost-efficiency: Significant reductions in slippage mean traders save more on every transaction.
• Ultra-responsive system refresh speeds: Crucial during events that result in major market volatility.
• Reliable pricing: Axi’s direct connections with over 20 liquidity sources eliminate dependence on slower ECN-style technologies, offering rapid and deep pricing insights.

Challenging the norms, Axi has bypassed traditional ECN connections, advocating a direct approach. By linking directly to 20+ top-tier liquidity providers, Axi ensures traders experience rapid executions, pinpoint pricing accuracy, and minimal downtime.

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Revolutionizing Trading with Technological Prowess

Understanding the evolving needs of the modern trader, Axi’s commitment to technology is unwavering. Through significant investments in high-caliber technology infrastructure, Axi assures that every trade traverses the internet’s fastest pathways. This commitment ensures every trader not only trades with speed but with enhanced accuracy and reliability.

Go to Axi’s Official Website

A Multiverse of Trading Opportunities Under One Roof

Diversifying its offerings to cater to varied trading appetites, Axi offers:

• Share CFDs: Access to premier US, UK, and EU markets with zero commissions, complemented by flexible leverage options.
• Forex: An expansive realm of over 70 FX currency pairs, married with unmatched execution speeds and zero commissions.
• Commodities: Engage with lucrative assets like gold, silver, and oil, benefiting from minimized margins and competitive pricing.
• Cryptocurrency CFDs: Dive into the digital age, trading 24/7 on popular cryptocurrencies, all from Axi’s renowned platform, sans the complexities of digital wallets.

Open an account with Axi

Embarking on a Seamless Trading Odyssey with Axi

Initiating your journey with Axi is a straightforward process:

1. Complete a Simple Application: Provide your details on the encrypted platform, ensuring data security.
2. Swift Identity Verification: An electronic process to maintain the platform’s integrity.
3. Fund Your Account: Opt from a plethora of secure payment methods, tailored for convenience.
4. Begin Your Trading Adventure with Axi

Remember, all data is safeguarded through encryption. It’s imperative to understand the inherent risks of CFDs. Always seek expert advice if needed.

A legacy spanning over a decade, a commitment to innovation, and a relentless pursuit of perfection make Axi the preferred choice for over 60,000 traders globally. Join this ever-growing family and experience trading not just as a financial endeavor but as an exquisite art form. With Axi, excellence isn’t just an aim; it’s a tradition.

Explore more about Axi

FAQs to summarize the article

How do Deriv’s trading platforms compare to Axi’s platforms?

Deriv offers a diverse suite of platforms, including MT5, DerivX, Deriv EZ, Deriv GO, Deriv Trader, and SmartTrader. Axi primarily focuses on the MT4 platform.

Do both platforms support mobile trading?

Yes, both Deriv and Axi offer mobile applications that support trading on-the-go.

Which markets can I trade on Deriv and Axi?

Deriv provides access to seven financial markets, including forex, global stocks, commodities, and synthetic indices. Axi offers five financial markets, including over 70 FX currency pairs, commodities, and cryptocurrencies.

What is the difference in leverage offered by Deriv and Axi?

Deriv offers leverage up to 1:1000, depending on the market, while Axi provides leverage up to 500:1.

How do the costs of trading compare between Deriv and Axi?

Deriv boasts competitive spreads as low as 0.5 pips and doesn’t charge commissions. Axi offers spreads from 0.0 pips and provides special commission rates for VIP accounts.

Are there any fees on deposits and withdrawals for both platforms?

Deriv charges no fees on deposits and withdrawals. Axi does not charge fees for transactions up to a value of USD$50,000 per month.

What unique features does Deriv offer?

Deriv offers synthetic indices that simulate real-world market movements 24/7 and also provides both synthetic and financial swap charges.

What sets Axi apart in terms of technology?

Axi emphasizes lower latency, which reduces the chances of slippage, and has direct connections with over 20 liquidity sources.

How long have Deriv and Axi been operational?

Deriv has been operational for 22 years, while Axi was established in 2007.

How many users does each platform boast?

Deriv has a user base of over 2.5 million global customers, and Axi has over 60,000 customers.

What are Deriv’s core values?

Deriv’s core values include Integrity, Customer Focus, Competence, and Teamwork.

Which regulatory bodies oversee Deriv’s operations?

Deriv is supervised by multiple regulatory bodies, including the Malta Financial Services Authority (MFSA), the Labuan Financial Services Authority, the Vanuatu Financial Services Commission, and the British Virgin Islands Financial Services Commission.

How does Axi prioritize technological advancement?

Axi is committed to investing in high-caliber technology infrastructure, ensuring trades are made with speed, accuracy, and reliability.

What products can traders engage in on Deriv?

Traders can engage in CFDs, Options, and Multipliers on Deriv.

How does one begin trading with Axi?

To start trading with Axi, users must complete a simple application, undergo swift identity verification, fund their account, and then begin their trading journey.