ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Interactive Brokers vs Axi 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Interactive Brokers vs Axi, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Interactive Brokers
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 8500
Axi
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 82
  • Tradeable Symbols (Total): 175

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.

Regulation

Interactive Brokers, established in 1977, and Axi, founded in 2007, are prominent names in the online brokerage industry. Interactive Brokers is a publicly traded company, while Axi is privately owned. Both are non-banking financial institutions. When considering regulatory credentials, Interactive Brokers holds 9 Tier-1 licenses, making it highly trusted according to ForexBrokers.com's rating system. Axi, on the other hand, holds 2 Tier-1 licenses, signaling a respectable level of trust.

In addition to their top-tier licenses, Interactive Brokers also possesses 2 Tier-2 licenses, compared to Axi's single Tier-2 license, further underscoring Interactive Brokers' solid regulatory standing. This focus on regulatory compliance is reflected in their ForexBrokers.com Trust Score rating, where Interactive Brokers scores a near-perfect 99, indicating a high level of trust. In contrast, Axi receives a Trust Score of 82, placing it in the trusted category but slightly behind its counterpart in terms of perceived reliability.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Year Founded info 1977 2007
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 9 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

When comparing the commissions and fees of Interactive Brokers and Axi, both platforms have their unique structures that appeal to different types of forex traders. Interactive Brokers enjoys a top-tier reputation with a 5-star rating and ranks #2 out of 62 brokers, thanks to its competitive pricing model. Interactive Brokers offers an effective all-in spread of 0.59 pips for EUR/USD trades, with a commission per side starting at 0.00002 of the USD trade value, or a minimum of $2 per order. This rate can drop further for exceptionally active traders, adding notable flexibility in fee reductions depending on trading volume.

For forex accounts at Interactive Brokers, trading $100,000 of EUR/USD will result in a commission-equivalent of roughly 0.40 pips on top of the spread. However, this platform does charge a minimum fee of $2 per side, making smaller trades relatively costlier. By aggregating prices from a wide array of interbank dealers and levying a commission-based fee ranging from $16 to $40 per million round turn, Interactive Brokers offers a transparent and beneficial model for serious traders. Discounts are available for those who trade in higher volumes, where the minimum charges can be lowered significantly, providing active traders with further savings.

In comparison, Axi holds a 4-star rating and ranks #44 in the same category. Axi's fees and average spreads are not disclosed to the same level of detail as Interactive Brokers, which may limit the transparency desired by cost-conscious traders. Although Axi is considered competitive, it does not offer the same depth of commission discounts and detailed fee structures for high-volume traders as Interactive Brokers. Consequently, Interactive Brokers stands out in providing an attractive option for those prioritizing low spreads, varied commission rates, and savings prompts tailored for active forex traders.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Minimum Deposit info $0 $0
Average Spread EUR/USD - Standard info 0.59 info N/A info
All-in Cost EUR/USD - Active info 0.59 info N/A info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Interactive Brokers and Axi both provide opportunities to trade forex as a CFD or spot contract, but their offerings significantly differ when it comes to the total range of investments. Interactive Brokers impresses with 8,500 tradeable symbols, far surpassing Axi's 175. In terms of forex pairs, Interactive Brokers provides access to 90 options, while Axi offers 65. In addition to forex, Interactive Brokers allows clients to purchase exchange-traded securities on both U.S. and international exchanges, catering to those interested in buying shares like Apple and Vodafone. Axi, however, does not provide these options, limiting clients to a less diverse investment approach.

For those interested in cryptocurrency, Interactive Brokers permits the purchase of actual cryptocurrencies as well as derivatives, whereas Axi only offers cryptocurrency derivatives. Axi does shine in the area of copy trading, which is not available through Interactive Brokers. With these features in mind, Interactive Brokers takes the lead in ForexBrokers.com's rankings for Range of Investments, securing the top spot out of 62 brokers, and earning a full 5-star rating. Axi, on the other hand, ranks 55th, holding a 3.5-star rating in the same category. This comprehensive range of investments offered by Interactive Brokers is what makes it a preferred choice for traders seeking diverse options.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 175
Forex Pairs (Total) info 90 65
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Interactive Brokers and Axi both provide traders with virtual demo accounts for practice, making them appealing choices for newcomers wanting to hone their skills without financial risk. While Interactive Brokers boasts an in-house proprietary platform, Axi does not develop its own but supports popular third-party platforms. Windows-based desktop applications and web-based platforms are available with both brokers, allowing flexibility in how traders access their accounts. However, those interested in copy trading might prefer Axi, which offers features like ZuluTrade and supports MetaTrader 4, while Interactive Brokers does not offer these features.

When it comes to charting tools, Interactive Brokers stands out with 85 drawing tools compared to Axi's 15, providing more options for in-depth technical analysis. Further, Interactive Brokers allows trading directly from stock charts and hosts an impressive selection of 659 columns for watch lists, vastly outnumbering Axi's seven. These features contribute to Interactive Brokers receiving a 5-star rating for its trading platforms and tools and securing the #3 rank out of 62 brokers in the ForexBrokers.com review. In contrast, Axi receives a 3.5-star rating and ranks #62, reflecting a more basic range of tools suitable for a straightforward trading approach.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
DupliTrade info No No
ZuluTrade info No Yes
Charting - Indicators / Studies (Total) info 155 30
Charting - Drawing Tools (Total) info 85 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 659 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Interactive Brokers and Axi both offer mobile trading apps for iPhone and Android users, providing features like stock and forex price alerts, as well as the ability to draw trendlines on charts. However, Interactive Brokers stands out with the capability to sync watchlists between the mobile app and online accounts, a feature Axi lacks. In terms of charting tools, Interactive Brokers offers an impressive 97 technical studies, compared to Axi's 30, giving users a broader range of analytical options. Both platforms allow users to view multiple time frames on stock or forex charts, but neither automatically save chart drawings.

When it comes to creating watchlists with real-time quotes, both apps deliver this functionality. However, Interactive Brokers leads the pack with a 5-star rating for its mobile trading app, ranking 4th out of 62 brokers on ForexBrokers.com. In contrast, Axi's app receives a 3.5-star rating, occupying the 59th position. These distinctions make Interactive Brokers a more attractive choice for those seeking a powerful and reliable mobile trading experience.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 97 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research, Interactive Brokers clearly stands out compared to Axi. Interactive Brokers not only provides daily market commentary but also delivers comprehensive forex news from leading sources such as Bloomberg, Reuters, and Dow Jones. It further enhances its offerings with Trading Central tools, diverse research tools from Acuity Trading, and market insights from TipRanks. Additionally, it facilitates informed decision-making through a sentiment-based trading tool and a global economic calendar. These extensive features contribute to its high research rating of 5 stars and a commendable rank of #3 out of 62 brokers according to ForexBrokers.com.

In contrast, Axi's market research features, while adequate, are relatively limited. Axi does provide forex news from top-tier sources and a sentiment-based trading tool similar to Interactive Brokers, as well as an economic calendar. However, it lacks daily market commentary and tools from Trading Central and Acuity Trading, as well as insights from TipRanks. While Axi does incorporate Autochartist tools for technical and fundamental analysis, its overall research capabilities result in a lower 3-star rating and a rank of #55 among 62 brokers on ForexBrokers.com. This comparison highlights the broader and more versatile research offerings of Interactive Brokers.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info Yes No
Signal Centre (Acuity Trading) info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, Interactive Brokers and Axi both offer a solid foundation for anyone eager to learn about forex and CFDs. Both platforms provide a minimum of 10 educational pieces such as articles and videos focusing on forex and CFDs, along with monthly online client webinars. Interactive Brokers stands out by offering a searchable archive of these webinars, enabling users to revisit past sessions at their convenience. Additionally, both brokers cater to beginners with at least 10 educational videos specifically designed for novice traders, but Interactive Brokers expands its offering with 10 advanced videos, a feature Axi lacks.

Interactive Brokers is well-regarded for its educational tools, understanding the importance of both breadth and depth in their resources. It provides users with an investor dictionary that includes over 50 investing terms, a feature shared by Axi. However, Interactive Brokers consistently tops educational rankings with a 5-star rating and a position as the third best out of 62 brokers per ForexBrokers.com. Meanwhile, Axi has some catching up to do in the educational sphere, earning a 3-star rating and placing 27th. If extensive educational support is a priority for you, Interactive Brokers delivers a more comprehensive and highly rated experience.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that Interactive Brokers is better than Axi. Interactive Brokers finished with an overall rank of #2, while Axi finished with an overall rank of #49.

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.

Feature Interactive Brokers logoInteractive Brokers
Axi logoAxi
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 99 82
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platform & Tools 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or Axi?

Interactive Brokers provides the ability to purchase actual delivered cryptocurrency and cryptocurrency derivatives, while Axi allows only the trading of cryptocurrency derivatives, not the actual cryptocurrencies themselves.

What funding options does each broker offer?

Interactive Brokers supports ACH and SEPA transfers, as well as bank wires for fund transactions, while Axi provides flexibility with Skrill, credit card options such as Visa and Mastercard, and bank wires, but does not support ACH or SEPA transfers.




announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

Select Brokers

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating Interactive Brokers Axi
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 82
Winner check_circle
Review Interactive Brokers Review
Broker Screenshots Interactive Brokers Axi
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Interactive Brokers Axi
Trust Score info 99 82
Year Founded info 1977 2007
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 9 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Interactive Brokers Axi
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Interactive Brokers Axi
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info Yes Yes
India (SEBI Authorised) info Yes No
Jordan (JSC Authorised) info No No
Investments Interactive Brokers Axi
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 175
Forex Pairs (Total) info 90 65
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost Interactive Brokers Axi
Average Spread EUR/USD - Standard info 0.59 info N/A info
All-in Cost EUR/USD - Active info 0.59 info N/A info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info No No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info No Yes
Funding Interactive Brokers Axi
Minimum Deposit info $0 $0
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms Interactive Brokers Axi
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No No
DupliTrade info No No
ZuluTrade info No Yes
Trading Tools Interactive Brokers Axi
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 659 7
Charting - Indicators / Studies (Total) info 155 30
Charting - Drawing Tools (Total) info 85 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Interactive Brokers Axi
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 97 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No No
Mobile Economic Calendar info Yes No
Research Interactive Brokers Axi
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes No
TipRanks info Yes No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Interactive Brokers Axi
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Interactive Brokers Axi
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Interactive Brokers Review
Overall Interactive Brokers Axi
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 82
Winner check_circle
Review Interactive Brokers Review
arrow_upward

close