Oanda Vs Axitrader

How Oanda and Axitrader Compare in 2024

Oanda or Axitrader who is better?

Compare OANDA Versus AXITRADER and IC Markets broker accounts.


Compare Oanda Vs Axitrader Side by Side

So you are looking for a broker, Oanda or Axitrader who should you choose?

When trading on financial markets you will want to know all about who Oanda or Axitrader are, and how they compare. You will naturally want to know how long Oanda and Axitrader have been in business and what reputation Oanda and Axitrader have. On top of this, you will need to discover if Oanda and Axitrader match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how Oanda and Axitrader compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of Oanda and Axitrader side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing Oanda and Axitrader. By comprehensively comparing Oanda and Axitrader features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with Oanda, Axitrader or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on Oanda and Axitrader. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the Oanda platform or Axitrader that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


Oanda

(3/5)
Benefits of Oanda?
  • Established in 1996
  • Oanda have been in business for 28 years.
  • Head quarters in United States, Canada.
  • Live Chat
  • Segregates clients funds
  • Oanda Min deposit $1
Oanda screenshot Oanda sign up here
Losses can exceed deposits
Reputation Support
Average
Good

Oanda Regulation

Oanda is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC).

Excluded Countries

US, FR, IR, CU, KP, DZ, SY

Oanda Fees

Deposit fee No
Commission No
Inactivity fee No
Withdrawal fee Varies
Min trade Varies
Max trade Varies
Min deposit $1
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
1-2 business days

Withdrawal processing time
1-2 business days
See all Oanda
funding options here
Losses can exceed deposits

Oanda Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Oanda Platforms

MT4, OANDA Desktop, OANDA Web, OANDA Mobile

Oanda Languages

English, Chinese, French, German, Japanese, Korean, Russian, and Spanish

See Oanda
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Oanda
instruments here
Losses can exceed deposits

Oanda Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Oanda website. Our records were last updated on .

Visit Oanda today
Losses can exceed deposits

Axitrader

(3/5)
Benefits of Axitrader?
  • Established in 2007
  • Axitrader have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • Axitrader Min deposit $0
Axitrader screenshot Axitrader sign up here
Losses can exceed deposits
Reputation Support
Good
Good

Axitrader Regulation

Axitrader is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA).

Excluded Countries

US, JP

Axitrader Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee Varies
Min trade 0.01 Lot
Max trade 50 Lot
Min deposit $0
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all Axitrader
funding options here
Losses can exceed deposits

Axitrader Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Axitrader Platforms

MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps

Axitrader Languages

English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic

See Axitrader
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Axitrader
instruments here
Losses can exceed deposits

Axitrader Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Axitrader website. Our records were last updated on .

Visit Axitrader today
Losses can exceed deposits

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

Oanda Vs Axitrader Table of Contents

Oanda and Axitrader in Detail

Oanda Review Screenshot

The Oanda online trading platform gives traders from all over the world access to over 100 financial instruments including over 100 available instruments. There are over 10,000+ registered customers that have taken advantage of the Oanda platform.

Oanda are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC).

Oanda Review Screenshot

Axitrader is a renowned Australia financial trading brokerage established in 2007.

Axitrader serves customers globally and are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA). Depending on the country you are trading from Oanda may serve you from a different business entity to comply with its financial regulators.

Axitrader is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. Oanda is not listed as a PLC.

Benefits of Oanda and Axitrader Compared

Below, we will give you a summary of the benefits Oanda and Axitrader offer side by side.

Oanda offers a minimum deposit of 1 while Axitrader have a 0 minimum deposit.

Why smaller trading deposits are good and how Oanda and Axitrader compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Oanda or Axitrader. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Oanda requires a minimum deposit of 1, whereas Axitrader mandates a minimum deposit of 0. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Oanda or Axitrader, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

Oanda allows traders to trade up to 100 financial instruments while Axitrader have around 100 on their trading platform.

The more instruments available on Oanda and Axitrader trading platforms the more potential financial instruments you can buy or sell for your portfolio. 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 Oanda or Axitrader.

The Oanda trading platform has 0 stocks listed while Axitrader has 1,000 stocks listed.

Oanda allows retail traders to trade the following assets Forex, CFDs on the Oanda MT4, OANDA Desktop, OANDA Web, OANDA Mobile trading platforms.

Alternatively Axitrader allows retail traders to trade Forex, CFDs, Social Trading on the Axitrader MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps trading platforms.

Compare Oanda and Axitrader in more detail below.

Drawbacks of Oanda and Axitrader Compared

Below we compare what drawbacks Oanda and Axitrader have side by side.

Various potential downsides can be associated with certain brokers, including Oanda and Axitrader. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Oanda compared to Axitrader. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Oanda versus Axitrader.

Broker Oanda Axitrader IC Markets
Inactivity Fees No No No
Withdrawl Fees Varies Varies No
Withdrawal Processing Time 1-2 business days Varies Varies
Min Deposit 1 0 200
Social Trading No Yes Yes
Excluded Countries US, FR, IR, CU, KP, DZ, SY US, JP US, IR, CA, NZ, JP

Oanda Vs Axitrader Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Oanda or Axitrader. A diversified portfolio with Oanda or Axitrader can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Oanda or Axitrader, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Oanda and Axitrader.

Broker Oanda Axitrader IC Markets
Instruments Available 100 100 2250
Offers share dealing No No Yes
Number of Shares 0 1,000 2,100
Offers US Stocks No Yes Yes
Offers UK Stocks No Yes Yes
Offers German Stocks Yes Yes Yes
Offers Japanese Stocks Yes Yes Yes
Offers Indices Trading Yes No Yes
Number of Commodities 0 20 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes Yes
Offers Agricultural Commodities Yes Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 55 100 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes Yes
Offers Exotic Forex Pairs Yes Yes Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading No Yes Yes

Oanda Vs Axitrader Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Oanda and Axitrader, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Oanda and Axitrader offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with Oanda or Axitrader is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Oanda or Axitrader could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Oanda, Axitrader, and all brokers are subject to regulation.

We compare Oanda vs Axitrader Crypto options below side by side.

Broker Oanda Axitrader IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No Yes Yes
Cryptocurrencies Offered BTC, BCH, ETH, LTC, XRP, DASH BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

Oanda Vs Axitrader Commission and Fees

knowing your trading and commission fees with Oanda vs Axitrader is extremely important. For the majority of the Oanda 100 financial instruments and Axitrader 100 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Oanda and Axitrader. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Oanda and Axitrader before you invest because you must know what you are paying.

You ideally want to choose a broker like Oanda or Axitrader that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with Oanda or Axitrader. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential Oanda and Axitrader fees, of course. Make sure you do your research and check the commission and fees with both Oanda and Axitrader before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with Oanda or Axitrader be aware of or 3rd party payment provider fees and currency conversion fees.

Oanda and Axitrader do not charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant Oanda and Axitrader accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Oanda or Axitrader account, or choose to close it.

Usually, the associated fees for dormant Oanda or Axitrader accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Oanda or Axitrader trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like Oanda or Axitrader you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Oanda or Axitrader nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how Oanda vs Axitrader compare side by side for commissions and fees.

Broker Oanda Axitrader IC Markets
Min Deposit 1 0 200
Inactivity Fees No No No
Withdrawal Fees Varies Varies No
Deposit Fees No Varies Varies

Oanda Vs Axitrader Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Oanda and Axitrader platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Oanda or Axitrader demo account.

Broker Oanda Axitrader IC Markets
Offers MT4 Yes Yes Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

Oanda Vs Axitrader Mobile Trading

Trading on your mobile with Oanda and Axitrader can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Oanda and Axitrader mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Oanda or Axitrader. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Oanda or Axitrader can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with Oanda or Axitrader is essential. Likewise, if you have an android phone, it's crucial to verify if Oanda or Axitrader broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Oanda and Axitrader have trading apps compatible with your device.

Broker Oanda Axitrader IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes Yes
Android Trading App Yes Yes Yes
Microsoft Trading App Yes No Yes

Oanda Vs Axitrader Trading Account Types Offered

Oanda Vs Axitrader Demo Account

A demo account with Oanda or Axitrader is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Oanda and Axitrader demo account.

Oanda Vs Axitrader Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if Oanda or Axitrader offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Oanda does not offer clients Micro accounts, while Axitrader does offer clients Micro accounts.

Oanda Vs Axitrader Standard Account

A standard account is available on Oanda and Axitrader to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both Oanda and Axitrader do offer clients Standard accounts.

Oanda Vs Axitrader MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Oanda or Axitrader or alternative.

Oanda does not offer clients MAM accounts, while Axitrader does offer clients MAM accounts.

Oanda Vs Axitrader ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with Oanda or Axitrader or alternative.

Oanda does not offer clients ECN accounts, while Axitrader does offer clients ECN accounts.

Oanda Vs Axitrader Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with Oanda or Axitrader or alternative.

Oanda does not offer clients Islamic accounts, while Axitrader does offer clients Islamic accounts.

Oanda Vs Axitrader STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with Oanda or Axitrader or alternative.

Oanda does not offer clients STP accounts, while Axitrader does offer clients STP accounts.

Oanda Vs Axitrader Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Oanda and Axitrader do not offer clients Managed accounts.

Broker Oanda Axitrader IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts No Yes No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No Yes Yes
Offers ECN Accounts No Yes No
Offers Islamic Accounts No Yes Yes
Offers STP Accounts No Yes No
Offers Managed Accounts No No No

Oanda Vs Axitrader Withdrawal and Funding Methods

Oanda and Axitrader have multiple deposit and withdrawal options. Funding and withdrawing from your Oanda and Axitrader accounts to your chosen payment method should be straightforward. Lets see how Oanda and Axitrader compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Oanda or Axitrader.

Broker Oanda Axitrader IC Markets
Payment Methods Bank Transfer, Cheque or Check, Debit cards, Payoneer, Credit cards, Debit cards, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

Oanda Vs Axitrader Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of Oanda or Axitrader support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Oanda and Axitrader support is always available when needed. Oanda and Axitrader customer support is not just useful. broker customer support is crucial to your trading success!

Oanda Vs Axitrader Live Chat

Live chat is important for several reasons. When you encounter a problem with Oanda or Axitrader trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Oanda do offer livechat support. On the other hand Axitrader do not offer livechat support.

Oanda Vs Axitrader Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Oanda or Axitrader you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Oanda or Axitrader support team to answer satisfactorily. Email support with Oanda and Axitrader will be needed.

Both Oanda and Axitrader offer email support.

Oanda Vs Axitrader Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Oanda or Axitrader. We can get straight to the point, saving us time and frustration.

Both Oanda and Axitrader offer phone support.

Lets see how Oanda and Axitrader customer support compare side by side.

Broker Oanda Axitrader IC Markets
Offers Live Chat Yes No Yes
Languages English, Chinese, French, German, Japanese, Korean, Russian, and Spanish English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone 44 20 3151 2050 44 207 096 7488 No

Oanda Vs Axitrader Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Oanda and Axitrader are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Oanda or Axitrader have these in place, please be extremely cautious before you proceed with them.

We compare Oanda Vs Axitrader financial regulation and licensing side by side below.

Broker Oanda Axitrader IC Markets
FCA Regulation Yes Yes No
CySEC Regulation No No Yes
MiFID Regulation No No No
ASIC Regulation Yes Yes Yes
FSCA Regulation No No No
DFSA Regulation No Yes No
MAS Regulation No No No

Oanda Vs Axitrader Risk Management Features

When trading with either Oanda or Axitrader you will want to understand and make full use of all the risk management features on your Oanda or Axitrader trading platforms.

We compare side by side the trading risk management features offered by Oanda and Axitrader below.

Oanda Vs Axitrader Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both Oanda and Axitrader do offer clients hedging.

Oanda Vs Axitrader Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both Oanda and Axitrader do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on Oanda or Axitrader. You must still monitor any live trades and your financial exposure and financial risk.

Oanda Vs Axitrader Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both Oanda and Axitrader do offer clients limit orders.

Oanda Vs Axitrader Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Oanda and Axitrader do not offer clients negative balance protection.

Broker Oanda Axitrader IC Markets
Offers Hedging Yes Yes Yes
Negative Balance Protection No No Yes
Guaranteed Stop Loss No No No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes Yes

Oanda Vs Axitrader Verdict

We hope this Oanda Vs Axitrader guide has helped you decide who is best to trade with out of Oanda and Axitrader.

When choosing a broker like Oanda or Axitrader for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Oanda or Axitrader are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Oanda or Axitrader, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Oanda or Axitrader.

Also, before you sign up with online brokers like Oanda or Axitrader, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Oanda or Axitrader before investing money into something.

Beware of the risks that come with trading with Oanda or Axitrader. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Oanda and Axitrader educational resources and financial research tools. If you are new to trading, sign up for a demo account with Oanda and Axitrader to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Oanda or Axitrader will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Oanda and Axitrader fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Oanda or Axitrader if your investment strategy is more long-term.

Oanda and Axitrader Alternatives

If Oanda and Axitrader are not what you are not quite what you are looking for we list some of the best Oanda and Axitrader alternatives below.

Other Oanda and Axitrader Vs Comparisons

If you are still looking for an alternative to Oanda and Axitrader and want to see how Oanda or Axitrader compares Vs other brokers check out the Oanda Vs and Axitrader Vs list below.

Oanda Vs Alternatives

Still not happy have a look at some of our alternative Oanda Vs side by side comparisons below

Axitrader Vs Alternatives

Still not happy have a look at some of our alternative Oanda Vs side by side comparisons below

Oanda Vs Axitrader Frequently Asked Questions

We answer some of the most frequently asked Oanda Vs Axitrader questions below.

Is Oanda any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Oanda legit? - Oanda are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) and have been in business since 1996

Is Axitrader any Good?

Axitrader are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) and have been in business since 2007.

Which is better Oanda or Axitrader?

Oanda and Axitrader do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is Oanda a con?

Oanda is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) and have been in business since 1996. Oanda is most definitely not a con as they are regulated by major financial regulators.

Is Axitrader a con?

Axitrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) and have been in business since 2007. Axitrader is most definitely not a con as they are regulated by major financial regulators.

What happens if Oanda or Axitrader go bust?

Oanda and Axitrader are regulated, which means that as part of their regulatory obligations Oanda and Axitrader have to offer a certain level of financial protection to their clients. Oanda and Axitrader should by law keep client funds separate from Oanda and Axitrader funds. If either Oanda or Axitrader goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Oanda and Axitrader websites and regulators.

Are Oanda or Axitrader good for beginners?

Oanda and Axitrader offer low deposits and access to a selection of market insights and news resources. Both Oanda and Axitrader offer demo accounts. Demo trading accounts are a big plus for Oanda and Axitrader as it shows they are interested in their customers.


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Losses can exceed deposits