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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

Interactive Brokers stands out for its competitive pricing structure, especially for active forex traders. With a commission model that starts at 0.00002 of the U.S. dollar trade value, Interactive Brokers offers flexibility in fees that can attract significant cost savings for heavy traders. The overall commission per side may decrease to as low as 0.08 basis points for exceptionally active users. While the average spreads are not published, the broker provided spreads of 0.19 pips for EUR/USD during Q3 2024, resulting in an all-in spread of 0.59 pips after commission. Interactive Brokers earns a high rating of 5 stars, securing the #2 rank out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.

In contrast, Axi is more modest in its offering without available average spreads data for a direct comparison. Although rated favorably with 4 stars in the same category, Axi falls short of matching Interactive Brokers' top-tier competitiveness as it ranks #44 out of 63 brokers. Despite this, Axi still provides a viable trading environment for traders who are looking for a straightforward fee structure without delving into the complexities that often accompany commission-based models, such as the intricate pricing tiers seen with Interactive Brokers.

Choosing between Interactive Brokers and Axi largely depends on your trade volume and complexity needs. Interactive Brokers is highly appealing for those who trade large volumes and are adept at maximizing cost-efficiencies through its tiered commission model. Axi, while not as high-performing in ranking, could suit traders who prefer simplicity over potentially intricate cost structures. Ultimately, Interactive Brokers excels in offering potentially lower costs through strategic trading volumes, making it a prime choice for experienced and 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 0.65 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 offers a much wider range of investments than Axi. IBKR lists about 8,500 tradeable symbols versus Axi’s 175, and 90 forex pairs versus 65. Both support forex trading, but only Interactive Brokers lets you buy exchange‑traded securities directly on U.S. and international exchanges—so you can purchase shares like Apple on NASDAQ or Vodafone in London—while Axi does not offer direct stock ownership. For digital assets, Interactive Brokers supports buying actual cryptocurrency as well as crypto derivatives; Axi offers crypto derivatives but not delivered coins.

Extras differ too: Axi provides copy trading, whereas Interactive Brokers does not. Reflecting the broader product lineup, Interactive Brokers earns 5 stars for Range of Investments and ranks #1 out of 63 brokers at ForexBrokers.com; Axi earns 3.5 stars and ranks #57. Choose Interactive Brokers if you want wide market access across stocks, forex, and crypto; pick Axi if you prioritize CFD trading with copy trading and can work with a smaller product list.

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 offer free paper (demo) trading and provide Windows desktop and web-based platforms. Interactive Brokers has its own in-house platform, while Axi relies on third‑party software, most notably MetaTrader 4. If you want copy trading, Axi supports it through ZuluTrade; Interactive Brokers does not. Neither broker offers MetaTrader 5 or DupliTrade.

Both brokers let you place trades directly from charts. However, Interactive Brokers offers far more drawing tools (85 vs 15) and vastly more watchlist fields (659 vs 7) for deeper screening and tracking. Reflecting these differences, ForexBrokers.com rates Interactive Brokers 5 stars and ranks it #3 for Trading Platforms and Tools, while Axi earns 3.5 stars and ranks #64.

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

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

Forex trading apps

Interactive Brokers (IBKR) and Axi both offer iPhone and Android trading apps with key features such as stock and forex price alerts, drawing trendlines, viewing multiple time frames, and creating watchlists with real-time quotes. The standout difference is syncing: IBKR syncs watchlists with your online account so changes carry across devices, while Axi does not. For charting depth, IBKR includes 97 technical studies compared to Axi’s 30, and neither app auto-saves chart drawings.

Expert ratings underline the gap: Interactive Brokers earns 5 stars and ranks #4 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while Axi holds 3.5 stars and ranks #60. If you want advanced chart tools and watchlists that sync across devices, Interactive Brokers is the stronger pick. Axi is better suited for traders who need the basics without cross-device syncing or a large set of indicators.

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

Interactive Brokers vs Axi: for market research, Interactive Brokers takes the lead. IB supplies daily market commentary (Axi does not), real-time forex news from major sources like Bloomberg, Reuters, or Dow Jones (both do), and an economic calendar (both do). Independent testing rates IB 5 out of 5 stars for Research and ranks it #3 of 63 brokers, while Axi earns 3 out of 5 stars and ranks #56 of 63.

Tool selection also favors Interactive Brokers. IB offers Trading Central analytics, a sentiment tool showing long/short positioning, plus research from TipRanks and Acuity Trading (Signal Centre). Axi counters with Autochartist and its own sentiment tool, along with premium forex news, but it does not advertise integrations with TipRanks or Acuity Trading. If you want deeper third‑party research suites and in-house commentary, Interactive Brokers is stronger; if you primarily want Autochartist signals with headline news and a calendar, Axi covers the basics.

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
Signal Centre (Acuity Trading) info Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources for beginners at Interactive Brokers and Axi, both online broker platforms offer a strong foundation in forex and CFDs education. Each provides at least ten educational pieces, including engaging articles, informative videos, and archived webinars dedicated to these financial subjects. Additionally, they both host online client webinars monthly to enhance learning experiences. However, Interactive Brokers stands out by offering a searchable archive of past webinars, which is not available at Axi. This feature allows learners to revisit valuable content at their convenience.

For those starting their trading journey, both brokers deliver at least ten beginner-friendly educational videos, but Interactive Brokers goes a step further by offering an equal number of advanced videos for seasoned traders. This diverse range aligns with an impressive collection of investor dictionaries containing over 50 terms from each platform, aiding in greater financial literacy. Reflecting this extensive educational support, Interactive Brokers earns a 5-star rating and ranks 3rd out of 63 brokers according to ForexBrokers.com, whereas Axi holds a 3-star rating and ranks 27th. This detailed focus on education makes Interactive Brokers a more comprehensive choice for those seeking to deepen their trading knowledge.

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 63 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
Platforms & 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.

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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
Platforms & 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
Broker 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
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
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
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 0.65 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
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
Platforms & 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
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