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 | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Axi and iFOREX both support forex trading as CFDs or spot contracts, but their market coverage differs. iFOREX offers about 750 tradeable instruments and 88 currency pairs, while Axi lists roughly 175 instruments and 65 pairs. Neither broker lets you buy real, exchange‑traded shares on U.S. or international stock markets.
Both brokers provide access to cryptocurrency via derivatives, not actual coins. A key difference is copy trading: Axi offers it, iFOREX does not. For range of investments, each earns 3.5 stars from ForexBrokers.com, although iFOREX ranks higher in the category (#42 of 63) than Axi (#57 of 63).
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 750 |
| Forex Pairs (Total) | 65 | 88 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Axi vs iFOREX: Axi offers a free demo account for practice, while iFOREX does not. Axi doesn’t have a proprietary platform but supports a Windows desktop download and a web platform, plus MetaTrader 4 (MT4). iFOREX provides its own in-house web platform but no Windows desktop download and no MT4 or MT5. For social features, Axi supports copy trading and ZuluTrade (no DupliTrade), whereas iFOREX doesn’t offer copy trading or ZuluTrade.
For charting and layout, both brokers let you trade directly from charts. Axi lists 15 drawing tools and seven watch list columns, while iFOREX offers 25 drawing tools and nine watch list columns. Overall, Axi suits traders who want MT4, desktop access, and copy trading options; iFOREX fits those who prefer a broker-built web platform with more drawing tools. ForexBrokers.com rates Axi 3.5/5 stars and ranks it #64 for Trading Platforms and Tools, while iFOREX earns 4/5 stars and ranks #55.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 57 |
| Charting - Drawing Tools (Total) | 15 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Axi and iFOREX both offer mobile trading apps for iPhone and Android. If you rely on in‑app trading tools, Axi pulls ahead: it includes 30 technical studies for charting, supports drawing trendlines, and lets you switch among multiple time frames (intraday, daily, weekly). Axi also lets you build watchlists with real-time quotes and set stock or forex price alerts. By comparison, the iFOREX app does not list available technical studies and does not support trendline drawing, multiple time-frame views, real-time quote watchlists, or price alerts. Neither app syncs watchlists with the web platform, and neither auto-saves chart drawings.
Ratings tell a slightly different story. ForexBrokers.com rates Axi’s mobile app 3.5 out of 5 stars and ranks it 60th out of 63 brokers, while iFOREX earns 4 stars and ranks 56th. In short, pick Axi if you want more chart tools and alerts inside the app; pick iFOREX if a higher overall app rating matters more to you.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | 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 | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Axi stands out with a variety of educational resources tailored for beginners in forex and CFDs trading. It offers a wide selection of over ten educational pieces, including articles and videos, designed to assist new traders in understanding the basics. Additionally, Axi hosts monthly webinars to keep learners engaged and informed, though it lacks a searchable archive for past sessions. Notably, novice traders can benefit from more than ten beginner-focused videos and access a comprehensive investor dictionary featuring over 50 terms. Despite not offering advanced-level videos, Axi achieves a solid education rating of 3 stars and is ranked 27th among 63 brokers by ForexBrokers.com.
In contrast, iFOREX provides over ten beginner-friendly educational videos, aiding those new to trading. However, it falls short in areas such as delivering minimum education pieces on forex and CFDs beyond basic videos. Furthermore, it lacks monthly webinars and a detailed investor dictionary, potentially leaving some beginners seeking more comprehensive learning tools. Despite these limitations, iFOREX holds a slightly higher education rating of 3.5 stars but is positioned lower than Axi, at 53rd out of 63 brokers on ForexBrokers.com’s list for educational resources.
| Feature |
Axi
|
iFOREX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | 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 |
Axi
|
iFOREX
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 82 | 75 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Axi and iFOREX do not allow users to purchase actual delivered cryptocurrencies, but they each provide the option to buy cryptocurrency derivatives.
When comparing online brokers Axi and iFOREX, neither offers ACH or SEPA transfers for deposits or withdrawals, iFOREX provides PayPal, while both brokers support Skrill, Visa, Mastercard, and bank wires as options for managing account funds.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Axi | iFOREX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 82 | 75 | |
| Winner | check_circle | ||
| Review |
| 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/Central Bank 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. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Axi | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Axi | iFOREX | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Drawing Tools (Total) | 15 | 25 | |
| 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 Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | No |
| Research | Axi | iFOREX | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Axi | iFOREX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Axi | iFOREX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | Axi | iFOREX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 82 | 75 | |
| Winner | check_circle | ||
| Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
