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Broker Comparison

Axos Invest vs CMC Invest

Compare Axos Invest and CMC Invest side by side: fees, regulation, platforms.

Axos Invest

Axos Invest

Robo-advisor and self-directed investors

Axos Invest is a US robo-advisor and self-directed brokerage offering managed portfolios and commission-free โ€ฆ

VS
CMC Invest

CMC Invest

App-based long-term investors using ISAs and SIPPs

CMC Invest is an app-based investing platform with ยฃ0 commission, GIA, flexible ISAs, SIPP, stocks, ETFs and โ€ฆ

Head-to-head comparison

Axos Invest vs CMC Invest
Feature Axos Invest CMC Invest
Minimum deposit - ยฃ1
Stock trading fee Commission-free for self-directed trading ยฃ0 commission
Regulators SEC, FINRA, SIPC FCA
Best for Robo-advisor and self-directed investors App-based long-term investors using ISAs and SIPPs
Markets & account
Stocks
ETFs
Options
-
Funds
Ready Made Portfolios
-
Margin
-
Multi Currency
-
Isa
-
Sipp
-

Pros & cons

Axos Invest

Axos Invest

Pros

  • Low 0.24% annual fee for Managed Portfolios
  • Commission-free stocks and ETFs in self-directed accounts
  • No withdrawal or inactivity fees
  • Portfolio customization across up to 32 investment types
  • Tax-loss harvesting available for eligible accounts
  • Automatic portfolio rebalancing included
  • Integration with Axos Bank accounts
  • Individual, joint, and IRA account types supported

Cons

  • $500 minimum balance required for Managed Portfolios advisory fee rate
  • Tax-loss harvesting requires $25,000 minimum and costs an additional 0.20%
  • No standalone mobile trading app - brokerage accessed via general Axos Bank app
  • Options cost $1.00 per contract (standard); Axos Elite reduces this to $0.80 but requires a $10/month subscription
  • Advanced features require $10/month Axos Elite subscription
  • No crypto trading offered
  • No demo account available
  • BBB-rated D- (not accredited)
CMC Invest

CMC Invest

Pros

  • ยฃ0 commission on all in-app trades
  • Core plan has no monthly price plan fee
  • FX fee falls to 0.39% on Premium
  • USD and EUR wallets reduce repeat FX conversions
  • Uninvested cash earns up to 3.30% AER on Premium
  • Transfers can start in-app in as little as 30 seconds
  • Flexible ISAs allow same-year withdrawals and redeposits

Cons

  • Plus costs up to ยฃ6.99/month
  • Premium costs up to ยฃ10.99/month
  • Core FX fee is 0.99%
  • Failed payments or late settlement cost ยฃ25 plus interest
  • Paper documents cost ยฃ3 + VAT per document
  • UK share buys carry 0.50% stamp duty
  • UK share trades over ยฃ10,000 may add a ยฃ1 PTM levy
  • Mutual funds are only on Plus and Premium
Axos Invest

Axos Invest

Axos Invest is a US robo-advisor and self-directed brokerage offering managed portfolios and commission-free trading, backed by Axos Financial.

Your capital is at risk. Other fees apply.

CMC Invest

CMC Invest

CMC Invest is an app-based investing platform with ยฃ0 commission, GIA, flexible ISAs, SIPP, stocks, ETFs and mutual funds. FX and plan fees vary by tier.

Your capital is at risk. Other fees apply.

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