Axivs
IGForex Broker Comparison
Two brokers clash over scope and tools. Axi underlines regulation and MT4 support, while IG touts vast markets and a proprietary platform.
Our Verdict
IG winsClear Winner
IG achieves a higher editorial score (4.8/5 vs 4.1/5) driven by stronger regulation and platform tools.
IG
4.8/5
Axi
4.1/5
Key Differences
- 1IG offers 19,000+ markets vs Axi's 220.
- 2IG has proprietary platform; Axi does not.
- 3Axi provides raw spreads; IG does not.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Axi offers tighter spreads from 0.00 pips vs 0.60 pips for IG, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Axi vs IG: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 5.0 / 5▲ |
Axi vs IG Forex Broker Pros & Cons
Pros
No minimum deposit
Strong ASIC, FCA, and DFSA regulation
MT4-focused with excellent EA and algorithmic trading support
No inactivity fee
Client funds held in segregated accounts
Negative balance protection
Axi vs IG: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Axi
criteria wins
1
IG
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Axi | IG |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Axi vs IG: Frequently Asked Questions
IG rates 4.8/5 versus 4.1/5 for Axi. IG edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Axi starts from 0 pips, tighter than IG's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither Axi nor IG requires a minimum deposit, making both accessible regardless of starting capital.
Both Axi and IG hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Axi lists maximum leverage of 500:1, while IG lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Axi charges $7 per lot on commission-based accounts. Commission details for IG are not currently available. Check their website for up-to-date pricing.
Axi supports DXtrade, MetaTrader 4, while IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. IG has exclusive access to ProRealTime and Proprietary Web/Mobile and TradingView.
