Written by ForexBrokers.com
In this head to head comparison of Axi vs iFOREX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
Axi and iFOREX are both established names in the online trading world, having been founded in 2007 and 1996 respectively. Neither of these brokers is publicly traded or operates as a bank. Axi holds two Tier-1 licenses and one Tier-2 license, which contribute to its ForexBrokers.com Trust Score of 82, placing it in the 'trusted' category. In contrast, iFOREX has one Tier-1 license and no Tier-2 licenses, earning it a Trust Score of 75, which is considered an 'average risk'.
When choosing between Axi and iFOREX, potential traders might consider the regulatory environment each broker operates within. Axi's higher number of licenses and Trust Score suggest a stronger regulatory standing. On the other hand, iFOREX, with its longer operational history since 1996, offers significant experience, though its regulatory credentials are less comprehensive compared to Axi.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Year Founded | 2007 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees between Axi and iFOREX is tricky because average spread data isn’t available for either broker. That said, independent ratings provide a helpful signal: Axi earns 4 out of 5 stars for commissions and fees and ranks #44 out of 63 brokers at ForexBrokers.com, while iFOREX scores 3 out of 5 stars and ranks #62 out of 63. Based on these ratings, Axi generally appears to offer more favorable pricing than iFOREX.
Without average spreads, it’s wise to review each broker’s full fee schedule before opening an account. Look closely at any per-trade commissions, overnight financing (swap) costs, and non-trading fees such as deposits, withdrawals, or inactivity. The higher rating and stronger ranking suggest Axi may be the better pick on costs overall, but the best choice depends on your trading style and the specific instruments you plan to trade.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Axi and iFOREX both support forex trading (CFD or spot) and offer cryptocurrency CFDs, but neither lets you buy actual crypto or real exchange-traded shares on U.S. or international exchanges. When it comes to market variety, iFOREX lists more to trade with 750 total instruments and 88 forex pairs, compared with Axi’s 175 instruments and 65 forex pairs. One notable difference: Axi includes copy trading, while iFOREX does not.
For Range of Investments, both brokers are rated 3.5 out of 5 stars, yet iFOREX ranks higher overall in this category (#42 of 63) than Axi (#57 of 63). If you want a wider selection of symbols and currency pairs, iFOREX is the more expansive pick; if copy trading matters to you, Axi has the edge.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 750 |
| Forex Pairs (Total) | 65 | 88 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Comparing Axi vs iFOREX for trading platforms and tools: Axi offers a free demo (paper) account, supports MetaTrader 4 (MT4), and gives you both a Windows desktop download and a web-based platform, plus copy trading. It does not provide an in-house platform or MT5. iFOREX uses its own proprietary web platform and lets you trade directly from charts, but it lacks a Windows desktop app, MT4, MT5, copy trading, and a demo account. Both brokers offer web trading and chart-based order entry.
Indicator counts and watch list field details aren’t specified for either broker. Based on ForexBrokers.com, Axi is rated 3.5/5 for Trading Platforms & Tools while iFOREX scores 4/5; in the same category, Axi is ranked #64 and iFOREX is #55.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 30 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Axi and iFOREX both offer mobile trading apps for iPhone and Android, so you can trade on the go with either broker. Key differences show up in everyday use: Axi supports price alerts for stocks and forex, while iFOREX does not. If you keep watchlists in more than one place, note that neither app syncs watchlist changes between mobile and the web platform.
For charting, Axi lists 30 technical studies and lets you draw trendlines, which can help with quick analysis. iFOREX doesn’t specify how many technical studies are available and it does not support trendline drawing. Neither app auto-saves chart drawings. In independent testing by ForexBrokers.com, iFOREX earned a higher score (4 out of 5 stars, ranked 56 of 63) than Axi (3.5 out of 5 stars, ranked 60 of 63). Choose Axi if price alerts and in-app drawing matter most; pick iFOREX if the slightly stronger overall mobile rating is your priority.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Comparing Axi and iFOREX for market research, each broker offers different strengths. iFOREX provides daily market commentary, while Axi does not. Axi streams forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, whereas iFOREX does not. For research tools, Axi includes Autochartist but not Trading Central; iFOREX offers Trading Central but not Autochartist. Both brokers provide sentiment tools and an economic calendar. Availability of TipRanks and Acuity Trading tools is not specified for either.
According to ForexBrokers.com, iFOREX scores 3.5 stars for Research and ranks 49th out of 63 brokers, edging Axi’s 3-star score and 56th-place ranking. Choose Axi if you want integrated news feeds and Autochartist signals; pick iFOREX if daily commentary and Trading Central’s analytics matter more to you.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | ||
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Choosing between Axi and iFOREX for beginner education? Both brokers offer beginner-friendly learning, including 10+ starter videos that cover key forex and CFD concepts. Axi also runs live client webinars at least once a month, which can help you ask questions in real time and turn lessons into practice. iFOREX does not host monthly webinars. Neither broker provides 10 or more advanced-level videos, so experienced traders may want additional resources.
For ratings, Axi’s education scores 3 out of 5 stars and ranks 27th out of 63 brokers for Education, while iFOREX scores 3.5 out of 5 stars but ranks 53rd out of 63. If you value live webinars and interactive guidance, Axi is the stronger choice. If you prefer a slightly higher-rated library of beginner materials and don’t need webinars, iFOREX could suit your needs.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Axi is better than iFOREX. Axi finished with an overall rank of #49, while iFOREX finished with an overall rank of #52.
Axi, previously known as AxiTrader, is an evolving brand regulated in Australia, the UK, and the UAE. With just the MetaTrader platform available and a limited range of investment products, Axi lags behind the best multi-asset brokers.
| Feature |
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iFOREX
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| Trust Score | 82 | 75 |
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Comparing online brokers Axi and iFOREX, neither supports purchasing actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.
In the Axi vs iFOREX comparison, neither broker supports ACH or SEPA transfers for deposits or withdrawals, and details on PayPal, Skrill, Visa/Mastercard, and bank wire options were not provided.
Please 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.
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0 of 5| Overall Rating | Axi | iFOREX | |
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| Trust Score | 82 | 75 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | iFOREX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | Axi | iFOREX | |
|---|---|---|---|
| Trust Score | 82 | 75 | |
| Year Founded | 2007 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Axi | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Axi | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Axi | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 750 | |
| Forex Pairs (Total) | 65 | 88 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Axi | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Axi | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | Axi | iFOREX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Axi | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Axi | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | No |
| Research | Axi | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | |||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Axi | iFOREX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Axi | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review |
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| Trust Score | 82 | 75 | |
| Winner | check_circle | ||
| Review |
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