Axi vs Interactive Brokers
| Axi Review 2023 | Interactive Brokers Review 2023 |
|---|---|
3.7
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4.3
Interactive Brokers is #13 in our CFD broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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Axi is a global forex and CFD trading firm, trusted by investors around the world. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular broker with beginners and seasoned traders. Axi also stands out for its resources, including copy trading and Myfxbook. |
Interactive Brokers is a leading global brokerage that provides access to a comprehensive offering of stocks as well as forex, futures, metals, bonds and cryptos. The firm has over 40 years experience in the online trading industry and is heavily regulated by SEC, FCA, IIROC, and SFC. Traders use the proprietary Trader Workstation and can access powerful tools and data feeds as well as comprehensive educational resources. |
| 81.6% of retail investor accounts lose money when trading CFDs with this provider | |
| Comment by Reviewer | |
| "Axi will appeal to forex traders in particular with more than 70 currency pairs, ultra-fast execution speeds and no restrictions on trading strategies, including EAs." | "Serious traders seeking a regulated broker with unparalleled access to stock markets should look at IB. Their range of stocks can't be beaten." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies | Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $100 |
| Regulator | |
| FCA, ASIC, DFSA, FMA | SEC, FCA, IIROC, SFC |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 1.55 - 2.59% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS, Android and Windows |
| Auto Trading | |
| Myfxbook plus Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| After partnering with Pelican Trading, Axi has launched a user-friendly copy trading service that provides access to more than 30 products across popular financial markets. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes - on MT4 | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs with dynamic leverage on a multitude of markets, including forex, shares, indices and commodities. Raw spreads are available from 0 pips rivalling leading competitors. | Trade leveraged CFDs on thousands of global stocks as well as 13 global indices, 80+ forex pairs, and London gold and silver. Leverage is available in line with regulatory requirements. |
| Leverage | |
| 1:400 | 1:50 |
| FTSE Spread | |
| from 100 (floating) | 0.005% (£1 Min) |
| GBPUSD Spread | |
| from 0.6 pips (floating) | Commission (.20 pts x trade value) |
| Oil Spread | |
| from 0 pips (floating) | N/A |
| Stocks Spread | |
| Variable | From 0.003 per share, variable |
| Forex Trading | |
| Axi offers a great selection of 70+ major, minor and exotic currency pairs. There are no restrictions on trading strategies and the broker boasts impressive spreads by connecting to 20 liquidity sources. | Trade 85 major, minor and exotic forex pairs via CFDs on IB's FXTrader platform with tight spreads and low commissions, or trade forex on the spot market. They offer more FX assets than almost any competitor. |
| GBPUSD Spread | |
| from 0.6 pips (floating) | Commission (.20 pts x trade value) |
| EURUSD Spread | |
| from 0.2 pips (floating) | Commission (.20 pts x trade value) |
| EURGBP Spread | |
| from 0.5 pips (floating) | Commission (.20 pts x trade value) |
| Assets | |
| 70+ | 70+ |
| Cryptocurrency | |
| Axi offers all the well-known cryptos paired with fiat currencies, other tokens and metals. High leverage up to 1:200 is available on digital currency trades and users can deploy various strategies, from scalping to position trading. | Buy and hold Bitcoin, Bitcoin Cash, Ethereum and Litecoin with low commissions of 0.12%–0.18%. Fees are low and the broker offers a secure environment to invest in digital assets. |
| Spread | |
| Variable | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| 81.6% of retail investor accounts lose money when trading CFDs with this provider | |
| More Comparisons | |
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Axi vs |
Interactive Brokers vs |