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OANDA vs Axi

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

O
OANDA
Est. 1996 · New York, USA
8.6
VS
A
Axi
Est. 2007 · Sydney, Australia
8.4

Quick Verdict

OANDA
3 categories won
Tied
3 categories
Axi
1 categories won

OANDA scores higher overall at 8.6/10 vs 8.4/10.

Score Comparison

OverallOANDA wins
OANDA8.6
Axi8.4
Fees & CostsAxi wins
OANDA8.3
Axi9.2
PlatformsOANDA wins
OANDA8.5
Axi8.0
RegulationOANDA wins
OANDA9.2
Axi8.8
ExecutionTie
OANDA8.8
Axi8.8
SupportTie
OANDA8.0
Axi8.0
EducationOANDA wins
OANDA8.5
Axi7.5
InstrumentsTie
OANDA7.8
Axi7.8

Trading Conditions

ConditionOANDAAxi
Min DepositNoneNone
EUR/USD Spread0.6 pips average0.0 pips (Pro), 1.0 pips (Standard)
CommissionNone (Standard), varies (Core Pricing)$3.50 per lot per side (Pro), None (Standard)
Leverage (Retail)30:130:1
Leverage (Pro)200:1500:1
Swap-FreeNoYes
Withdrawal FeeFreeFree

Platform Comparison

OANDA Platforms

  • OANDA Platform
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
Account Types:

Standard, Core Pricing, Premium

Axi Platforms

  • MetaTrader 4
  • Axi Copy Trading App
Account Types:

Standard, Pro, Elite

Regulation & Safety

OANDA Regulation

FCAUKASICAustraliaNFAUSA
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

FSCS up to GBP 85,000 (UK entity)

Axi Regulation

FCAUKASICAustraliaDFSADubai
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

FSCS up to GBP 85,000 (UK entity)

Overall Verdict

WinnerOANDA8.6

OANDA takes the overall win with a score of 8.6 vs 8.4, winning 3 out of 7 individual categories compared to Axi's 1.

In terms of costs, though Axi edges ahead on fees. On the regulatory front, OANDA and offers stronger regulatory protection.

Choose OANDA if you prioritise its strengths in the categories where it leads. Choose Axi if you value the specific areas where it scores higher, such as fees & costs.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.