Axi
IG
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex traders familiar with the MetaTrader 4 platform
Recommended for Traders of any experience level looking for an easy-to-use trading platform
Australia
UK
Fees
Low trading and non-trading fees, low forex fees
High trading fees, average non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
11
6
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1-3 days
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 73.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.
Research, education
Mid-range
Great
Customer service
Security
£85,000 for EU residents, no protection for others
£85,000 in the UK, €20,000 in the rest of Europe excl. Switzerland, no protection in the US and many other countries
2007
1974
UK, Australia, Dubai, St. Vincent and the Grenadines
UK, EU, Switzerland, USA, Singapore, Japan, South Africa, UAE, Australia, New Zealand
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Axi's service is on par with IG's and a comparison of their fees shows that Axi's fees are slightly lower than IG's.
Account opening takes about the same effort at Axi compared to IG, deposit and withdrawal processes are about the same quality at Axi, while customer service quality is somewhat better than IG's.
Our experts rated the trading platform of Axi as less user-friendly than the platform of IG, found that clients have access to much less markets and products with Axi, while IG provides somewhat better research and education.