IG Vs. Axi (AxiTrader) - Compare Trustworthiness, Capabilities, Fees and Legitimacy

IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies.

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• Experienced FX Traders looking to benefit from their custom account offering
• High volume traders looking to benefit from their 0 pips spreads

• ASIC (Australia)
• FMA (New Zealand)
• NFA (United States)
• DFSA (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• FSCA (South Africa)
• BMA (Bermuda)

• ASIC (Australia)
• FCA (Uk)
• ADGM (United Arab Emirates)
• SVGFSA (St. Vincent & the Grenadines)

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• Competitive account offering for all trader levels with spreads from 0 pips

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

• All assets are CFDs (No real stocks or ETFs offered)
• Extremely low asset offering (around 150 instruments)

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Bank Transfer
• Paypal

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Sofort
• Giropay
• iDeal
• Polish Internet Banking
• Global Collect

SY, IR.

After 24 months of inactivity, IG charges an $18 monthly fee.

$10 monthly after 1 year of inactivity.

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.

Varies per account type:

• Standard: None
• Pro: $3.50 per lot
• Elite: $1.75 per lot)