Higher Rated
IG Group
Capital at risk · T&Cs apply
In the world of online trading, Axi and IG Group stand out with distinct offerings tailored to different types of traders. Axi, with a rating of 3.62/5, is ideal for cost-conscious traders seeking competitive spreads starting from 0.0 pips on Pro accounts and no minimum deposit, though it is limited to the MT4 platform. In contrast, IG Group boasts a higher rating of 4.33/5 and appeals to experienced traders who value extensive market access and comprehensive research tools, albeit with a $250 minimum deposit and a more complex fee structure. Both brokers are regulated by top-tier authorities, providing a secure trading environment.
Axi
IG Group
| Axi | IG Group | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.3/5 ✓ |
| Min. Deposit | $0 ✓ | $250 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, FCA | FCA, ASIC, MAS ✓ |
| Platforms | MT4, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).
See full side-by-side comparison belowAxi
IG Group
WinnerAxi
IG Group
Axi is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, ensuring a high level of oversight and client fund protection. These regulatory bodies require brokers to adhere to strict financial standards, including regular audits and maintaining segregated client funds. Axi's commitment to safety is further bolstered by its adherence to these top-tier regulatory standards, providing traders with peace of mind.
IG Group, on the other hand, is not only regulated by the FCA and ASIC but also by the Monetary Authority of Singapore (MAS) and the US Securities and Exchange Commission (SEC), offering an even broader regulatory coverage. This extensive oversight ensures a robust safety net for traders, backed by comprehensive fund protection schemes and a long-standing reputation for trustworthiness. The multiple layers of regulation make IG Group a highly secure option for traders globally.
Axi provides competitive spreads starting from 0 pips, particularly on its Pro account, with a commission fee of $3.5 per lot. The broker also offers the advantage of no minimum deposit requirement, making it accessible for traders with varying levels of capital. However, traders should be aware of the potential overnight fees associated with holding leveraged positions.
IG Group offers spreads beginning at 0.6 pips and does not charge a commission on trades, which can be appealing for cost-conscious traders. However, the $250 minimum deposit requirement may be a barrier for some. IG's fee structure can be complex, with additional charges such as inactivity fees after two years, so traders should carefully review all potential costs.
Axi utilises the popular MetaTrader 4 (MT4) platform alongside its proprietary mobile app, catering to traders who prefer a traditional yet reliable trading environment. However, the lack of MT5 or TradingView might limit some traders seeking advanced charting tools. In contrast, IG Group offers a more diverse range of platforms, including its proprietary web and mobile platforms, MT4, and access to ProRealTime charts, providing advanced analytical capabilities and flexibility for traders.
For beginners, IG Group stands out due to its extensive educational resources and market access. Professional traders may prefer Axi for its competitive spreads and high leverage. On fees, Axi offers an advantage with its no minimum deposit and low spreads, although IG's zero commission structure is also attractive.
Axi
3.6/5
Choose Axi if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs IG Group's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Axi offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
Axi requires a minimum deposit of $0. IG Group requires $250.
Axi is regulated by ASIC, FCA, while IG Group holds licences from FCA, ASIC, MAS, SEC.
Axi supports MT4, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.