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Broker Comparison

Axos Invest vs Davy Select

Compare Axos Invest and Davy Select 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
Davy Select

Davy Select

Irish self-directed investors

Davy Select is an Irish execution-only platform offering stocks, ETFs, funds, bonds and pension accounts, regโ€ฆ

Head-to-head comparison

Axos Invest vs Davy Select
Feature Axos Invest Davy Select
Minimum deposit - -
Stock trading fee Commission-free for self-directed trading Irish and UK stocks: 0.5% (min EUR 14.99); International stocks: 0.06% + EUR 25 settlement per trade
Regulators SEC, FINRA, SIPC CBI
Best for Robo-advisor and self-directed investors Irish self-directed investors
Markets & account
Stocks
ETFs
Bonds
-
Options
-
Funds
Ready Made Portfolios
-
Margin
-
Money Market Funds
-
Business Account
-

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)
Davy Select

Davy Select

Pros

  • Regulated by the Central Bank of Ireland with long track record
  • Client funds held in segregated accounts
  • Access to over 7,500 stocks across 30 international markets
  • Over 650 ETFs and 1,200 funds available
  • Pension accounts (PRSA, ARF, PRB) offered on the same platform
  • No account opening fee and no deposit fee
  • Research tools powered by Morningstar and Thomson Reuters

Cons

  • High inactivity fee of EUR 50 per quarter
  • Irish and UK trade commissions of 0.5% are above the low-cost market average
  • EUR 40 custody charge per trade for instruments outside Ireland and UK
  • No demo account available
  • Mobile app is view-only - trades cannot be executed on mobile
  • Account opening process is not fully digital and can take several weeks
  • No CFDs, leverage, crypto or forex trading
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.

Davy Select

Davy Select

Davy Select is an Irish execution-only platform offering stocks, ETFs, funds, bonds and pension accounts, regulated by the Central Bank of Ireland.

Your capital is at risk. Other fees apply.

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