Written by ForexBrokers.com
In this head to head comparison of IronFX vs Axi, 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.
IronFX and Axi are both reputable online brokers that provide services to global traders. Founded in 2010, IronFX holds three Tier-1 licenses, which reflects a high level of trust according to ForexBrokers.com. It has earned a Trust Score of 83, placing it in the trusted category. Since IronFX is not publicly traded and not a bank, it maintains a streamlined focus on its brokerage services.
On the other hand, Axi was established in 2007 and carries two Tier-1 licenses alongside one Tier-2 license. With a Trust Score of 82, it also falls into the trusted bracket as defined by ForexBrokers.com. Similar to IronFX, Axi is not listed on a stock exchange and does not operate as a bank, enabling it to specialize in financial trading offerings without the complexities of a banking institution.
| Feature |
IronFX
|
Axi
|
|---|---|---|
| Year Founded | 2010 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees between IronFX and Axi, there are several factors to consider. IronFX has a selection of account types with varying spreads and fees that might not be the most competitive in the industry. Their Standard variable spread account displays a typical spread of 1.8 pips, but lacks specific average data ranges. The zero fixed-spread account starts with a commission of $18 per lot and a potential spread increase to 3 pips overnight, which can impact trading costs.
On the other hand, Axi doesn't provide specific average spread data which makes a direct comparison a bit challenging. However, both brokers are similarly rated, with each earning a solid 4-star score for commissions and fees. This suggests that while neither excels nor significantly lags in this area, traders might still find differing values depending on their specific trading strategies and requirements.
When looking at the ranks assigned by ForexBrokers.com, IronFX is placed at #47, slightly trailing behind Axi, which holds the #44 spot, out of 63 evaluated brokers. This slight edge for Axi in the rankings hints that traders might find a marginally more favorable fee structure with Axi compared to IronFX, but the decision may ultimately depend on the specific needs and preferences of the individual trader.
| Feature |
IronFX
|
Axi
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average spread (EUR/USD) - Standard account | 1.2 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IronFX and Axi both let you trade forex as CFDs or spot contracts, and each supports crypto CFDs (but not actual cryptocurrencies). Neither broker offers real, exchange-traded shares on U.S. or international stock exchanges. Copy trading is available at both. In terms of choice, IronFX lists 340 tradeable symbols and 83 forex pairs, while Axi offers 175 symbols and 65 forex pairs—giving IronFX the broader selection overall.
For Range of Investments, both brokers earn 3.5 out of 5 stars. In ForexBrokers.com’s rankings, IronFX sits at #52 out of 63 brokers, and Axi at #57. If you want a wider menu of markets and currency pairs, IronFX has the edge; if you’re focused on forex, crypto CFDs, and copy trading, either broker can fit the bill.
| Feature |
IronFX
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 340 | 175 |
| Forex Pairs (Total) | 83 | 65 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| 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.
IronFX and Axi deliver very similar trading platform experiences. Both provide free demo (paper) accounts, Windows desktop downloads and web-based platforms, and support trading directly from charts. Neither broker offers its own proprietary platform; instead, each relies on MetaTrader 4 and does not support MetaTrader 5. Copy trading is available at both brokers.
In ForexBrokers.com’s Trading Platforms and Tools category, IronFX and Axi each earn 3.5 out of 5 stars. For rankings, IronFX is placed #62 out of 63 brokers, while Axi is #64 out of 63. With platform features so closely matched, your choice may hinge on other preferences, such as pricing, available markets, or customer support.
| Feature |
IronFX
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IronFX vs Axi mobile trading apps: both offer iPhone and Android apps, price alerts, 30 technical studies for charting, and the ability to draw trendlines. A key difference is chart annotation handling—IronFX auto-saves your drawings, while Axi does not. Neither broker supports watchlist symbol syncing between the mobile app and your online account, so watchlist changes won’t carry over across platforms.
For quality scores, both apps are rated 3.5 out of 5 stars. In ForexBrokers.com’s Mobile Trading Apps category across 63 brokers, Axi ranks #60 and IronFX ranks #63. If auto-saving chart drawings matters to you, IronFX may feel more convenient; if a slightly better category ranking is important, Axi edges ahead. Otherwise, the core mobile features are quite similar.
| Feature |
IronFX
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing IronFX vs Axi for market research: IronFX delivers daily market commentary, while Axi does not. Both brokers stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Their toolkits differ—IronFX includes Trading Central for technical and fundamental insights, whereas Axi offers Autochartist. Axi also provides a sentiment tool that displays long/short positioning across instruments, which IronFX lacks. Both brokers feature an economic calendar to track global events.
On overall research, IronFX is rated 4 out of 5 stars and ranks 29th out of 63 brokers on ForexBrokers.com; Axi scores 3 out of 5 stars and ranks 56th. Availability of TipRanks or Acuity Trading tools wasn’t specified for either broker. Choose IronFX if you value daily commentary and Trading Central research; pick Axi if Autochartist and sentiment data are higher on your list.
| Feature |
IronFX
|
Axi
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | ||
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re new to forex and CFDs, both IronFX and Axi provide beginner-friendly education. Each broker offers at least 10 beginner-focused videos to help you grasp core trading topics. A key difference is live learning: Axi runs online educational webinars at least once a month, while IronFX does not. Neither broker currently provides 10 or more advanced videos aimed at seasoned traders.
On quality scores, IronFX earns 4 stars for Education compared with Axi’s 3 stars. However, in ForexBrokers.com’s Education rankings out of 63 brokers, Axi places higher at #27, while IronFX comes in at #44. If live sessions matter to you, Axi’s recurring webinars are a clear plus. If you prefer self-paced beginner videos, both brokers deliver a solid starting point.
| Feature |
IronFX
|
Axi
|
|---|---|---|
| Webinars | No | Yes |
| 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 IronFX is better than Axi. IronFX finished with an overall rank of #48, while Axi finished with an overall rank of #49.
IronFX has come a long way to rebuild its brand, acquiring multiple regulatory licenses to improve its Trust Score, and creating balanced educational material. That said, pricing is an area where IronFX has room to further improve as spreads appeared higher than the industry average.
| Feature |
IronFX
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Axi
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| Overall Rating |
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| Trust Score | 83 | 82 |
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IronFX vs Axi: neither broker lets you buy actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.
IronFX vs Axi: both brokers support Skrill and bank wire transfers, do not offer ACH/SEPA or PayPal for deposits and withdrawals, and list Visa/Mastercard availability as unspecified.
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 | IronFX | Axi | |
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| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
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| Broker Screenshots | IronFX | Axi | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | IronFX | Axi | |
|---|---|---|---|
| Trust Score | 83 | 82 | |
| Year Founded | 2010 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | IronFX | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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). | Yes | No |
| Tier-2 Licenses (Trusted) | IronFX | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IronFX | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 340 | 175 | |
| Forex Pairs (Total) | 83 | 65 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| 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 | IronFX | Axi | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IronFX | Axi | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | IronFX | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | IronFX | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IronFX | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | IronFX | Axi | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | |||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IronFX | Axi | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | IronFX | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review |
| Overall | IronFX | Axi | |
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| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review |
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