Traders look beyond Axi for different reasons: a different product range, a different copy trading model, or a platform that better suits their charting style.
This guide compares four brokers against Axi using only the details each firm publishes on its own website, starting with the one that matches Axi's app, MetaTrader and copy trading set-up while adding markets Axi's international site doesn't list.
Contracts for difference (CFDs) and leveraged forex are high-risk products. Losses can build quickly, and some providers warn that you can lose more than your initial deposit.
What Axi offers today
On its international website, Axi is a trading name of AxiTrader LLC, registered in St Vincent and the Grenadines.
AxiTrader LLC is part of the Axi Group, which operates globally, so the entity serving you may differ by region.
Axi offers its own Axi Trading Platform, MetaTrader 4, MetaTrader 5 and the Axi Copy Trading app, which it provides in partnership with London & Eastern LLP.
It lists 650+ CFD instruments across forex, indices, shares, commodities and ETFs, alongside crypto perpetual futures and spot crypto.
Its Axi Select programme offers funded trading to AxiTrader LLC clients, starting from a $500 deposit.
How to compare brokers before switching
Start with the legal entity. Find the exact company name in the website footer or client agreement, then check it on your regulator's official register.
In the UK, that means the FCA Financial Services Register, where you should confirm both the firm's status and its permissions.
Check the FCA warning list too, since fraudsters sometimes copy a genuine firm's name and details.
Next, compare the total cost of the trades you actually plan to make: spreads, commissions, overnight funding, currency conversion and any inactivity fees. Finally, practise on a demo account before funding a live one.
Axi alternatives compared
1. PU Prime
PU Prime is a trading name used by several entities, including PU Prime Ltd, regulated by the Financial Services Commission of Mauritius (licence GB23202672), and a Seychelles securities dealer regulated by the Financial Services Authority of Seychelles (licence SD050).
Key features
A proprietary app and web trader alongside MT4 and MT5, with copy trading inside the app
Forex, metals, indices, commodities, shares, ETFs, bonds and synthetic indices, plus 24/7 gold trading
Segregated client funds, independent dispute resolution and Lloyd's insurance cover up to $1,000,000, according to the firm
Worth checking
None of the entities listed on its website is authorised by the FCA, so UK residents should confirm which entity would hold their account and which protections would apply.
Its website lists regional restrictions, including the US, Canada and Australia.
Suits: Axi users who want a similar app, MetaTrader and copy trading set-up, plus bonds, synthetic indices and 24/7 gold trading.
None of these appear as live markets in Axi's international menu, which lists 24/7 trading on gold and other traditional markets as coming soon.
2. IG
IG offers trading through its own platform alongside third-party charting and trading tools.
Key features
ProRealTime charting, which IG says no other UK spread betting and CFD provider offers
CFD trading through TradingView for UK clients
Phone, email and X support around the clock, except from 10pm Friday to 8am Saturday
Worth checking
Platform availability differs by region, and IG describes TradingView CFD trading as available to UK clients.
Compare typical spreads for your markets rather than headline minimums; IG advertises spreads from 0.1 points.
Suits: traders who prioritise advanced charting and platform integrations.
3. Pepperstone
Pepperstone gives traders a choice of third-party platforms alongside its own.
Key features
MT4, MT5, cTrader, TradingView and the Pepperstone platform
Copy trading through MetaTrader Signals, Copy Trading by Pepperstone and cTrader Copy
Smart Trader Tools, a set of 28 tools and indicators for MT4 and MT5
Worth checking
The application includes an appropriateness check, so expect questions about your trading knowledge.
Platform and copy trading options can vary by entity, so confirm what your account includes.
Suits: traders who want to choose between several established trading platforms.
4. eToro
eToro is built around social trading, with its CopyTrader feature at the centre.
Key features
CopyTrader lets you copy up to 100 traders at once, though only Popular Investors can be copied
No additional charge for copying, though spreads and transaction fees still apply
A demo mode with a $100,000 virtual portfolio
Worth checking
The minimum is $200 per copied trader and $1 per copied position.
A copied trader's past performance doesn't reliably predict future results, and you copy their losses as well as their gains.
Suits: traders whose main interest is copy trading.
Platform features to test before you switch
Whichever broker you shortlist, test the platform itself before depositing.
Check that market, limit and stop orders are easy to place and change, that stop-loss settings and margin information are clear, and that alerts work the way you expect.
If you plan to run automated strategies, which are reshaping commodity markets such as oil trading, test those on the demo account too.
This overview of features that matter in a forex trading platform covers real-time data, risk management tools and demo practice in more detail.
Demo results may not reflect live execution or the pressure of trading real money. Ordinary stop-loss orders also don't guarantee an exit price when markets move sharply.
Where this leaves you
For traders comparing Axi alternatives, the first broker on this list stands out for combining proprietary app and web platforms with MetaTrader, a product range that includes bonds and synthetic indices, and stated client fund protections.
On their international websites, its main trading entities are licensed by the Financial Services Commission of Mauritius and the Financial Services Authority of Seychelles, while Axi's international entity is registered in St Vincent and the Grenadines.
Both groups operate other entities in other regions. IG suits chart-focused traders, Pepperstone suits those who want a choice of platforms, and eToro suits traders who want copy trading first.
Whichever you consider, verify the entity that would serve your country before opening an account.
CFDs and leveraged forex remain high-risk products, and if they don't suit your finances or risk tolerance, choosing not to trade is a valid outcome.
