Eightcap excels with competitive spreads and trading instruments, outshining Axi’s strengths like zero deposits, making Eightcap the clear winner in this review.
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Our comprehensive comparison covers the 10 most important trading factors to help you make an informed decision between Eightcap and Axi.
Both Eightcap and Axi offer low-cost trading along with competitive spreads and fees. This is ideal for scalpers and also for high-frequency traders. Eightcap is regulated by ASIC and provides diverse instruments. On the other hand, Axi is regulated by FCA and ASIC and offers strong tools and educational resources. These brokers also cater to traders of all levels and offer flexible account features.
We will explain in this segment how Eightcap’s lower spreads are offered more than Axi. This offering makes it a more cost-effective choice for traders. Regarding RAW accounts, Eightcap’s EUR/USD spread is 0.06 pips, compared to Axi’s 0.3 pips. Both brokers’ standard account spreads start at 1.0 pips for Eightcap compared to Axi’s 1.2 pips. This only favors Eightcap for having low trading costs.
| RAW Account | Eightcap Spreads | Axi Spreads | Industry Spreads |
|---|---|---|---|
| Overall Average | 0.42 | 0.63 | 0.72 |
| EUR/USD | 0.06 | 0.3 | 0.28 |
| USD/JPY | 0.23 | 0.8 | 0.44 |
| GBP/USD | 0.23 | 0.5 | 0.54 |
| AUD/USD | 0.27 | 0.5 | 0.45 |
| USD/CAD | 0.2 | 0.7 | 0.61 |
| EUR/GBP | 0.3 | 0.4 | 0.55 |
| EUR/JPY | 0.59 | 0.8 | 0.74 |
| AUD/JPY | 0.49 | 0.9 | 0.93 |
| USD/SGD | 1.37 | 0.8 | 1.97 |
Both Eightcap and Axi charge $3.50 per lot on RAW accounts for both USD and AUD. Axi, on the other hand, offers a higher rate at €3.25, while commissions are the same. Meanwhile, Eightcap’s lower spreads reduce overall trading costs, which makes it a better choice for high-frequency traders.
| USD | AUD | GBP | EUR | |
|---|---|---|---|---|
| Eightcap | $3.50 | $3.50 | £2.25 | €2.75 |
| Axi | $3.50 | $3.50 | £2.25 | €3.25 |
For standard account offers, Eightcap has lower spreads that start at 1.0 pips for EUR/USD, compared to 1.2 pips from Axi. Eightcap also provides a more cost-effective option for traders seeking an honest-to-goodness pricing framework, while their commission fees are generally tighter spreads on major pairs.
|
Standard Account Spreads
|
|||||
|---|---|---|---|---|---|
|
1.00 | 1.20 | 1.00 | 1.00 | 1.10 |
|
1.20 | 1.30 | 1.20 | 1.30 | 1.10 |
|
1.13 | 1.01 | 1.71 | 1.66 | 1.12 |
|
1.20 | 0.90 | 1.50 | 1.80 | 1.80 |
|
1.20 | 1.40 | 1.50 | 1.60 | 1.50 |
|
1.10 | 1.20 | 1.30 | 1.30 | 1.30 |
|
1.20 | 1.80 | 1.90 | 1.90 | 1.60 |
|
1.32 | 1.95 | 1.37 | 1.70 | 1.40 |
Avg. spreads are taken from each broker's website and updated monthly. Last update on 04/01/2025
Due to lower spreads and trading costs, Eightcap truly shines in this segment, which truly makes the best choice for a more cost-effective move. Axi, on the other hand, offers strong regulation and has better educational features and tools, but still, Eightcap’s superior spreads on RAW and standard accounts give better edge compared to the challenger. Still, again, the choice will always depend on the trader’s preference. Still, Eightcap’s low spreads and trading costs will truly attract cost-conscious traders.
Our Lowest Spreads and Fees Verdict
Our dedicated team can surmise that Eightcap dominates this segment owing to the lowest spreads and fees.
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*Your capital is at risk ‘73% of retail CFD accounts lose money’
Equipped with real-time data, fast execution, and strong security, both Eightcap and Axi offer powerful forex trading platforms. Both brokers also provide automated and social trading platforms, conditions that are competitive to traders, and instruments that are diverse. Both are regulated by ASIC and FCA and cater to traders with advanced tools and user-friendly interfaces, which makes them a top choice for efficient and informed trading.
Here are lists of both brokers’ features and platforms:
| Trading Platform | Eightcap | Axi |
|---|---|---|
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | No |
| cTrader | No | No |
| TradingView | Yes | No |
| Copy Trading | Yes | Yes |
| Proprietary Platform | No | No |
We have created a software questionnaire if you are unsure what platform best suits your trading style. Based on six simple questions, we can recommend the best trading software for your trading needs.
In this section, we will see that both Eightcap and Axi offer MetaTrader 4 and 5, but only Eightcap offers Capitalise.ai, a no-code algorithmic trading platform, as well as FX Blue Labs for widgets, which truly makes a standout for traders. Axi, meanwhile, provides the standard MetaTrader tool, which is efficient in trading, but compared with Eightcap’s extra features, which enhance versatility for traders, this makes it a stronger choice for seasoned as well as new traders in the market seeking automation and customisation.
In this case, we can see that Eightcap stands out with their TradingView integration, this offers advanced charting and social trading features for traders, which is something Axi is not equipped with. Despite both not having a cTrader feature or a proprietary platform as their feature, Eightcap is equipped with TradingView support, which gives our traders a significant edge, most especially those who are relying on technical analysis for their trading strategies.
Both Eightcap and Axi support copy trading through Myfxbook and MetaTrader Signals. But, once again, Eightcap takes the lead on offers of more advanced integrations. Axi, on the other hand, lacks extra features such as ZuluTrade or HokoCloud. In conclusion, Eightcap has more edge in relation to traders seeking enhanced copy trading tools.
Our dedicated team surmises that Eightcap truly outshines Axi with advanced MetaTrader integration, TradingView support, and copy trading features, which makes it the more versatile choice for traders, new or seasoned. Despite having strong regulation and educational resources, Axi is the choice for traders who prioritise monitoring and supervision.
Our Better Trading Platform Verdict
Clearly, Eightcap outperforms the challenger in this area of expertise this is due to their better trading platform.
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*Your capital is at risk ‘73% of retail CFD accounts lose money’
We all know that both brokers are known for their competitive spreads, their low commissions, as well as their advanced tools. Both brokers offer a wide and diverse account types, demo accounts, as well as automation features. They are both regulated by ASIC and FCA, while providing a strong trading platform as well as support. These features make them a reliable choice for traders who are seeking both efficiency and flexibility, leading to long-term success for traders.
Listed are both brokers’ features and accounts:
Features and Platforms
Due to their RAW accounts available, Eightcap dominates this section. Their offers of low spreads and commissions make theirs the cost-effective trading experience for traders. Their feature also integrates Capitalise.ai, this feature enables algorithmic trading even if traders have no coding skills. Axi, however, provides a Pro account, but they lack advanced features which Eightcap has. Plus, on certain accounts, Eightcap also allows higher leverage too. This move makes Eightcap a strong choice for seasoned, as well as fresh, traders who are seeking affordability and automation. Axi, meanwhile, caters to those who need interest-free trading solutions.
Here are a few lists of both brokers’ accounts and features:
Eightcap:
Axi:
A comparison which truly shows that Eightcap offers a more cost-effective RAW account with low spreads and additional features, which include Capitalise.ai. Meanwhile, Axi provides options such as their Pro account and swap-free accounts, which cater to the needs of various traders.
| Eightcap | Axi | |
|---|---|---|
| Standard Account | Yes | Yes |
| Raw Account | Yes | Yes |
| Swap Free Account | No | Yes |
| Active Traders | No | Yes |
| Spread Betting (UK) | No | No |
With the use of superior accounts, advanced MetaTrader integration, TradingView access, as well as strong copy trading support, Eightcap truly performs greatly in this category, which makes it a versatile choice for traders at all levels. Despite Axi having excellent regulatory monitoring and supervision, and having powerful educational tools, Eightcap’s amazing features provide a more active yet easy trading experience. However, the best brokers will still depend on individual needs, but Eightcap has a well-rounded offering, which positions it as an exceptional choice for traders in the industry who are seeking flexibility and with cutting-edge tools.
Our Superior Accounts and Features Verdict
Evidently, Eightcap ranks highest in this category this is due to their superior accounts and features.
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*Your capital is at risk ‘73% of retail CFD accounts lose money’
Renowned for their competitive spreads, low fees, and advanced trading platforms such as MetaTrader 4 and 5, Eightcap and Axi are leading entities as forex brokers in the forex trading market. Both also offer reliable customer support and user-friendly interfaces, which ensures a smooth trading experience. Eightcap takes the lead in this category due to their extra tools such as Capitalise.ai meant for algorithmic trading, as well as FX Blue Labs for their advanced and enhanced widgets. These added features make Eightcap a more comprehensive choice for traders, new or seasoned, who are seeking a well-rounded and efficient trading environment.
Here are lists of both brokers’ added features:
Eightcap offers several unique features:
Axi, on the other hand, provides:
Our in-depth research tells us that Axi excels in limit order speed at 90ms, while Eightcap leads in the trading market with order speed at 139ms. We see that both brokers offer advantages, but Eightcap’s advanced tools as well as a well-rounded trading experience give a better edge. Thus making them a better choice for traders in the industry looking to optimise their forex trading performance.
Despite both brokers having strong forex trading platforms, Eightcap outshines the other with tools like Capitalise.ai and FX Blue Labs. However, Axi’s social trading platforms are still attractive for traders looking for interaction with other traders. Eightcap, on the other hand, still comes up as the top choice for comprehensive and efficient trading experience, this is due to the dynamic and evolving trend in all currencies.
| Limit Order Speed | Limit Order Global Rank | Market Order Speed | Market Order Global Rank | |
|---|---|---|---|---|
| Eightcap | 143ms | 19/36 | 139ms | 17/36 |
| Axi | 90ms | 8/36 | 164ms | 25/36 |
Our Best Trading Experience and Ease Verdict
Without any doubt, Eightcap rides high in this segment on the account of their best trading experience and ease.
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*Your capital is at risk ‘73% of retail CFD accounts lose money’
Trust and regulations are key when choosing the right forex broker. And both Eightcap and Axi ensures a secure trading environment that comes with a strict compliance. While both offer competitive spreads, as well as having low fees and their advanced platforms, Eightcap steals the show in this part because of their tools such as Capitalise.ai and FX Blue Labs, which makes it a great choice for advanced traders.
Axi Trust Score
Eightcap Trust Score
Both brokers have similar trust scores and are well-regulated, but Axi has the advantage of FCA regulation in the UK. We must also examine their ease of use and features to meet our forex trading standards.
Eightcap offers several unique features:
Axi, on the other hand, provides:
| Eightcap | Axi | |
|---|---|---|
| Tier 1 Regulation | FCA (UK) CYSEC (Cyprus) ASIC (Australia) | FCA (UK) ASIC (Australia) FMA (New Zealand) |
| Tier 2 Regulation | DFSA (Dubai) | |
| Tier 3 Regulation | SCB (Bahamas) | SVGFSA |
In regard to both our brokers’ execution speed, Axi is tops with their limit order speed at 90ms, compared to Eightcap’s market order speed at 139ms. Through out our research, we see that both brokers come with strengths, but Eightcaps advanced tools as well as their well-rounded trading experience gives them a great edge which makes thehm the preferred choice for traders in the industry looking to optimise their forex trading performance.
Both Eightcap and Axi offer a strong forex trading platforms, but, still, nothing beats Eightcap’s advanced tools which are Capitalise.ai and FX Blue Labs, these two provide a more comprehensive experience. Axi, however, excels in their social trading platforms. In this case, Eightcap takes the lead as the superior choice for traders.
Our Stronger Trust and Regulation Verdict
It is clear to see that Axi steals the show in this category due to their stronger trust and regulations.
In this segment, we will see how both Eightcap and Axi offer traders with their diverse CFDs, competitive spreads as well as their advanced platforms such as MetaTrader 4 and 5. Despite both brokers’ having strong features, still, Eightcap outperforms because of their tools such as Capitalise.ai and FX Blue Lab, which enhance automation and analysis for traders in the forex industry. Having these features makes them the top choice for traders who are seeking a more comprehensive experience.
We see here that both brokers offer a variety of options in terms of product range and CFD markets. But Eightcap takes the lead with a wider range of cryptocurrencies, offering 95 crypto CFDs compared to Axi’s 37. Here’s a breakdown of their offerings:
| CFDs | Eightcap | Axi |
|---|---|---|
| Forex Pairs | 56 | 72 |
| Indices | 16 | 17 Indices 14 Index Futures |
| Commodities | 8 Commodities Softs and Metals | 3 Metals (5 Gold crosses) 2 Energies 3 Metals Futures 3 Energy Futures 3 Softs Futures |
| Cryptocurrencies | 95 Crypto | 37 |
| Share CFDs | 586 | 50 |
| ETFs | No | No |
| Bonds | No | No |
| Futures | No | No |
| Treasuries | No | No |
| Investments | No | No |
Eightcap and Axi offer a strong forex trading platform that caters to different trading needs. Eightcap excels with tools like Capitalise.ai, while Axi has a broader market range which suits diversified traders in the industry. However, Eightcap is still the ideal broker for crypto traders, while Axi favors a broader market exposure.
Our Top Product Range and CFD Markets Verdict
Eightcap dominates this segment thanks to their top product range and CFD markets.
View Eightcap ReviewVisit Eightcap
*Your capital is at risk ‘73% of retail CFD accounts lose money’
In this segment, we will show traders how these brokers excel in their superior educational resources. Eightcap and Axi both offer valuable educational resources, which include webinars, articles, as well as courses to help traders refine their trading strategies while staying ahead of market trends. However, despite both brokers having MetaTrader 4 and 5, only Eightcap shines in this segment due to their advanced tools such as Capitalise.ai and FX Blue Labs, making them the preferred choice for traders in the forex industry.
Here’s a breakdown of their offerings:
Eightcap:
Axi:
Through our team’s in-depth research, despite both Eightcap and Axi having strong forex trading platforms, Eightcap still performs great with their advanced tools like Capitalise.ai and FX Blue Labs. Axi, on the other hand, stands out with their superior educational resources. We still say that choosing the right broker is essential for traders having a successful trading experience.
Our Superior Educational Resources Verdict
Evidently, Axi outshines the contender in this segment on account of their superior educational resources.
In this field of expertise, having a reliable customer support can truly make all the difference when it comes to forex trading. Both Eightcap and Axi offer 24/7 multilingual assistance, which ensures a fast issue resolution and a seamless trading experience for traders. While both brokers provide both MetaTrader 4 and 5, Eightcap takes the lead with their advanced tools like Capitalise.ai and FX Blue Labs.
In regard to customer support, Eightcap offers quick response times while providing webinars to would-be traders in the industry; Axi, on the other hand, offers less of these features. However, both have live chat, emails, and phone support. But regardless of these, Eightcap still edges out with their 24/7 support compared to Axi’s 24/5 support.
| Feature | Eightcap | Axi |
|---|---|---|
| Live Chat Support | Yes | Yes |
| Email Support | Yes | Yes |
| Phone Support | Yes | Yes |
| Support Hours | 24/7 | 24/5 |
| Multilingual Support | Yes | Yes |
Here’s a breakdown of their support features:
Eightcap:
Axi:
Both Eightcap and Axi offer strong platforms that come with unique advantages when it comes to forex trading. Eightcap shines in this aspect due to their advanced tools like Capitalise.ai and FX Blue Labs. On the other hand, Axi’s social trading features mostly appeal to interactive traders. Still, our final thought is that choosing the right broker is the key in having a successful trading.
Our Superior Customer Service Verdict
Our dedicated team can surmise that Eightcap comes up trumps in this segment due to their superior customer service.
View Eightcap ReviewVisit Eightcap
*Your capital is at risk ‘73% of retail CFD accounts lose money’
For this segment, we will break down both brokers’ funding options because we feel that flexible funding options can make or break a trader’s forex trading experience. Both Eightcap and Axi offer multiple deposit and withdrawal options, which include bank transfer, cards, e-wallets, and even crypto. Traders can easily manage accounts with their low or no transaction fees. This goes to show that a secure processing feature ensures a smooth transaction for traders, which lets traders focus more on their trading strategies without funding obstacles.
| Funding Option | Eightcap | Axi |
|---|---|---|
| Credit Card | Yes | Yes |
| Debit Card | Yes | Yes |
| Bank Transfer | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
| Crypto | Yes | Yes |
| Rapid Pay | No | No |
| POLi / bPay | Yes | Yes |
| Klarna | No | No |
In terms of funding options, Axi offers a wider range, including WeChat Pay and Sofort, which Eightcap does not. Here’s a breakdown of their funding options:
Eightcap:
Axi:
Finally, our team can surmise that while both Eightcap and Axi have strong and superior features and platforms for our traders perusal, Eightcap still takes the gold in this segment due to their advanced tools such as Capitalise.ai and FX Blue Labs, while Axi excels with their flexible funding options. Still, choosing the right broker is left to the trader’s perspective regarding having ease of use and successful trading experience.
Our Better Funding Options Verdict
Axi rules the roost in this section thanks to having better funding options.
A lower minimum deposit in forex trading can significantly benefit beginners and those with limited funds. It reduces financial barriers, allowing more traders to enter the market with less risk. Eightcap and Axi offer accessible deposit requirements, promoting participation and learning opportunities. A smaller initial deposit enables traders to build confidence, develop strategies, and enhance their skills while utilizing the competitive features of both brokers.
In forex trading, selecting the right broker is essential for success. Eightcap and Axi are both solid choices, offering competitive spreads, low fees, advanced trading platforms, and strong customer support. They both feature user-friendly MetaTrader 4 and 5, loaded with capabilities. However, Eightcap distinguishes itself with additional tools such as Capitalise.ai for algorithmic trading and FX Blue Labs for enhanced widgets. This makes Eightcap the preferred option for traders looking for a comprehensive trading experience.
In terms of minimum deposit requirements, Axi has no minimum deposit, making it more accessible for traders who are just starting or those who prefer to start with a smaller investment.
Here’s a breakdown of their minimum deposit requirements:
Axi:
| Minimum Deposit | Recommended Deposit | |
| Eightcap | $100 | $100 |
| Axi | $0 | $200 |
Both Eightcap and Axi provide outstanding features and platforms for forex trading. Eightcap’s innovative tools, such as Capitalise.ai and FX Blue Labs, deliver a superior trading experience, while Axi’s no minimum deposit requirement opens the doors for all types of traders. With the latest forex trading trends revealing significant movements in EUR, AUD, USD, and GBP, selecting the right broker is crucial for your trading success. Our research indicates that Axi stands out for those seeking lower minimum deposit requirements, whereas Eightcap excels in offering a more comprehensive trading experience. traders.
Our Lower Minimum Deposit Verdict
Axi steals the show in this segment on the account of their lower minimum deposit.
Eightcap reigns supreme in almost all categories because it offers a more comprehensive trading experience with lower spreads, additional tools, and a wider range of cryptocurrencies. The table below summarises the key information leading to this verdict.
| Categories | Eightcap | Axi |
|---|---|---|
| Lowest Spreads And Fees | Yes | No |
| Better Trading Platform | Yes | No |
| Superior Accounts And Features | Yes | No |
| Best Trading Experience And Ease | Yes | No |
| Stronger Trust And Regulation | No | Yes |
| Top Product Range And CFD Markets | Yes | No |
| Superior Educational Resources | No | Yes |
| Superior Customer Service | Yes | No |
| Better Funding Options | No | Yes |
| Lower Minimum Deposit | No | Yes |
Eightcap is the better choice for beginner traders due to its user-friendly platform and lower spreads.
Axi is more suited for experienced traders who are looking for strong regulation and educational resources.
Eightcap generally offers lower costs. They are known for their competitive spreads, especially on major forex pairs. For more details, you can check out our Lowest Commission Brokers page.
Both Eightcap and Axi offer MetaTrader 4, but Eightcap provides additional tools like Capitalise.ai that allow traders to automate their strategies without any coding skills. Axi offers a solid MetaTrader experience but lacks these additional features. If you’re keen on using MT4 to its full potential, you might want to check out our Best MT4 Brokers.
In the realm of social trading, Axi stands out. They offer integration with platforms like MyfxBook and ZuluTrade, allowing traders to copy strategies from successful traders. Eightcap doesn’t offer this feature, making Axi the go-to broker for social trading. For more on this, you can visit our best social trading platforms page.
Unfortunately, neither Eightcap nor Axi offer spread betting. If spread betting is a crucial feature for you, you might want to look elsewhere. For brokers that do offer this feature, you can check out our best spread betting brokers page.
In my opinion, Eightcap is superior for Australian forex traders. They are ASIC regulated and offer a wide range of products. For more details, visit our Best Forex Brokers In Australia page.
For UK traders, Axi is the better choice. They are FCA regulated and offer a strong educational platform. For more information, visit our Best Forex Brokers In UK.
No commission account spread propiety testing data and published wesbite spread information, centralised on our Standard Account Spreads page.
Ask an Expert
What are the methods of AXI broker deposit?
Deposit methods will depend on the country you are based in. In Australia you can choose from Visa and Mastercard Credit or Debit Cards,PayPal, Bank Transfer and Pay by Bank (Waave). The UK and UAE does not have Waave, while Asia (including UAE also allows Skill and Neteller and in some cases AstroPay, FasaPay and even crypto.
Is AXI on TradingView?
Axi only offers the MT4 trading platform so TradingView is not available. You may however be able to access TradingView via API.
Is Eightcap insured?
Eightcap is a well-regulated broker, with oversight from FCA, CySEC, ASIC, and SCB, which are reputable authorities in the financial markets. However, the broker does not offer specific insurance or investor compensation funds beyond standard regulatory protections like segregated accounts and negative balance protection.
Does Eightcap have MT5?
Yes they do – you can choose MT4 or MT5