Interactive Brokers Vs. Axi (AxiTrader) - Compare and Choose the Right One

Interactive Brokers is a global brokerage founded in 1978 that holds 11+ high tier financial licenses and provides discounted electronic trading services in nearly all the globe with access to more than 100,000+ financial instruments.

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

• Seasoned investors looking for a one-stop shop to cover a variety of needs
• Global investors who seek the most reliable discount service available
• Traders from intermediate to advanced level

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

• SEC (United States)
• FINRA (United States)
• FCA (United Kingdom)
• ASIC (Australia)
• IIROC (Canada)
• MNB (Hungary)
• BSE (India)
• CBI (Ireland)
• FSA (Japan)
• CSSF (Luxembourg) CSSF
• MAS (Singapore)

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

• High regulation
• Exceptional number of investment instruments (Above 100,000+)
• Competitive discount fees

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

• Complicated account opening process
• Platforms are not beginner friendly
• Narrow choice of deposit options (Mostly bank transfer)

• 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.

• Bank Transfer
• ACH (US only)
• Check (US only)
• Debit Card (US only)
• BPAY (Australia only)

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

• Real stocks, currencies, ETFs, options, futures, bonds, cryptocurrencies
• CFDs on almost every possible asset class
• Structured Products

CFDs on stocks, commodities, currencies, cryptocurrencies, indices and ETFs.

Interactive brokers provides real assets (equities) from more than 100+ markets (exchanges) across the world and also provides CFDs (in allowed regions).

Axi offers only CFD products. This means popular asset classes like real stocks and ETFs are not available.

From 1 share - except for exchanges that allow fractional trading (US stock exchanges)

No minimum, but minimum fee is $1.75 per order

$10 monthly after 1 year of inactivity.

One free withdrawal per month, subsequent are $10 per withdrawal or equivalent

Commissions depend on market and residency:

• US residents are eligible for zero commission US stock trading. Else, for US stocks it is $0.005/share with a minimum $1 and maximum 1% of the trade value.
• European stocks have €3 minimum and 0.05% trade value.
• Forex commissions are volume based starting at 0.20 basis points of trade value or $2 minimum per trade, and going low as 0.08 basis points and $1.
• Options start at $0.25 per contract and go as low as $0.15 per contract.
• Futures start at $0.85 per contract and go as low as $0.25 per contract

Yes depending on account type (Standard: Zero, Pro: $3.50 per lot, Elite: $1.75 per lot)