Updated September 29, 2026 · BrokerCue Editorial Team
Axos Invest vs IG
Where Axos Invest and IG differ
| Compare | Axos Invest ReviewSee alternativesSee alternatives |  IG |
|---|---|---|
| Stock trade fee | $0 | £0 |
| Markets | Stocks, ETFs, Options, Funds | Stocks, ETFs, Forex, CFDs, Options, Futures, Crypto, Spread betting |
| Regulators | SIPC | Federal Financial Supervisory Authority (BaFin), SIPCCovers more |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Account fee | Not confirmed | €0 |
| Retail accounts that lose money | Not confirmed | 69% |
| Options contract fee | $0.80 | Not confirmed |
| Platforms | Not confirmed | Mobile trading, L2 Dealer, ProRealTime, MetaTrader 4, MetaTrader 5, TradingView |
| Account types | Joint, Roth IRA, IRA | Not confirmed |
| Interest on cash | Not confirmed | 2.5% |
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Key differences
- IG scores higher overall: 9.5 vs 8.8.
- Regulators: only IG offers Federal Financial Supervisory Authority (BaFin).
- IG is licensed in 1 more country.
- Markets: only Axos Invest offers Funds.
- Markets: only IG offers Forex, CFDs, Futures.
- Features: only IG offers Demo account, Fractional shares.
Our verdict on each
Axos Invest
Axos Invest suits US savers who want a managed ETF portfolio alongside self-directed trading in one account. It earns its place on protection, with SIPC up to USD 500,000, while the options contract fee of $0.80 is the cost to watch if you trade options often.
IG
IG suits traders who want shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting under a single roof, with an account fee of €0 and cash interest of 2.5% on uninvested balances. Share dealing runs commission-free, while the retail loss rate is 69%.
Score breakdown
| Area | Axos Invest | IG |
|---|---|---|
| Cost | 8.7The $100 entry point sits above the €25 site median, and the ranking on minimum investment is 43 of 82. | 9.3Higher |
| Offer | 8.9 | 9.6HigherCommission-free share dealing, a stock trade fee of £0, an account fee of €0 and cash interest of 2.5%. |
| Trust | 8.7 | 9.5Higher |
How they place
| Ranking | Axos Invest | IG |
|---|---|---|
| Stock and ETF brokers | 172 of 471 | 48 of 471 |
| Options trading platforms | 59 of 103 | 12 of 103 |
Side by side, item by item
| Markets | Axos Invest | IG |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| CFDs | No | Yes |
| Options | Yes | Yes |
| Futures | No | Yes |
| Crypto | No | Yes |
| Funds | Yes | No |
| Spread betting | No | Yes |
Licences and countries
| Country | Axos Invest | IG |
|---|---|---|
| United States | SIPC SIPC member 69507 | SIPC SIPC member 71021 |
| Germany | Not confirmed | Federal Financial Supervisory Authority (BaFin) MiCA CASP 213800HFC5G4V293BN91 |
What we checked
Axos Invest
- axos.com: 7 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
IG
- ig.com: 8 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
Every fact side by side
| Fact | Axos Invest | IG |
|---|---|---|
| Features | Mobile app | Demo account, Mobile app, Fractional sharesCovers more |
| Pricing model | Commission free | Commission free |
| Legal entity | AXOS INVEST LLC | IG Europe GmbH |
| Headquarters | Not confirmed | Germany |
| Support channels | Chat, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Axos Invest | IG | Median |
|---|---|---|---|
| Account fee | Not confirmed | €0at the median | €0 |
| Retail accounts that lose money | Not confirmed | 69%below the median | 72.05% |
| Options contract fee | $0.80highest quarter | Not confirmed | $0.625 |
| Interest on cash | Not confirmed | 2.5%below the median | 3% |
Median across 52 listed brokers.
Pros and cons
Axos Invest
Pros
- One platform covers the managed portfolio and self-directed dealing across stocks, etfs and options.
- The managed range is ETF based, listed as etf, so diversification comes from funds rather than hand-picked shares.
- A mobile app is included, listed under mobile app, for checking the portfolio away from a desktop.
Cons
- Support runs on chat and help centre only, so there is no phone line listed for account questions.
- Account choice stops at joint, roth ira and ira, so the wrappers offered by some rivals are not part of the platform.
- The managed entry point of $100 sits above the €25 site median, and options add $0.80 a contract on top.
IG
Pros
- Markets list stocks, etfs and forex, so shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting sit together.
- Regulated by Federal Financial Supervisory Authority (BaFin) and SIPC, with client protection of EU ICS up to EUR 20,000.
- Platform choice runs Mobile trading, L2 Dealer and ProRealTime.
Cons
- Retail accounts that lose money come to 69%.
- The commission-free model in commission free applies to share dealing, and it does not extend to trading costs on forex, contracts for difference, options or futures.
- Accounts sit with IG Europe GmbH in Germany, so compensation stops at EU ICS up to EUR 20,000.
Who each suits
Axos Invest
Who it suits
- US savers who want retirement wrappers, since the platform lists joint, roth ira and ira.
- Readers who keep trading costs down, since stock trades cost $0 and the pricing model is commission free.
- Couples investing together, since a joint account forms part of joint, roth ira and ira.
Who should look elsewhere
- Anyone who wants to begin with no outlay, since Acorns Checking asks $0.
- Readers who prefer a smaller euro ticket, since Vivid Standard opens at €2.
IG
Who it suits
- Traders who want stocks, etfs and forex reachable from the same account rather than several platforms.
- Share buyers who want dealing on a commission-free basis, since commission free covers their trades.
- EU clients who weight regulation and compensation, given Federal Financial Supervisory Authority (BaFin) and SIPC and EU ICS up to EUR 20,000.
Who should look elsewhere
- Buyers who want a platform built around share dealing and crypto alone should compare CFI, whose stocks, etfs and forex is a shorter, simpler list.
- Investors priced in dollars rather than euros should weigh eToro, where the stock trade fee is $0.
- Anyone weighing only the account charge should know Vantage lists $0, so IG's €0 is not the only way to hold an account cheaply.
Country by country
| Country | Axos Invest | IG |
|---|---|---|
| United States | Yes | No |
Questions about each
Axos Invest
What does it cost to trade stocks and options on Axos Invest?+
Axos Invest charges $0 for a stock trade on the self-directed side, and the pricing model is listed as commission free. Options carry a contract fee of $0.80, so a strategy leaning on options pays more per trade than one that only buys shares and funds.
How much do I need to start a managed portfolio?+
The managed portfolios start at $100, so a single transfer of that size opens the account. That is lighter than eToro, which asks $500 for its portfolios, and it leaves room to add money in stages rather than committing a large sum on day one.
IG
What does it cost to trade shares with IG?+
Share dealing runs on a commission-free model, with a stock trade fee of £0 and an account fee of €0. Those are the two figures that matter for holding and trading, and both sit at the floor of the site tables. Trading costs on forex, contracts for difference, options and futures are quoted apart from share dealing.
Who regulates IG and is my money protected?+
The regulators are Federal Financial Supervisory Authority (BaFin) and SIPC, and the licences listed are MiCA CASP 213800HFC5G4V293BN91 and SIPC member 71021. Client protection in the EU is EU ICS up to EUR 20,000, so a claim against the firm is covered only up to that ceiling. Any balance above the cap is your own exposure.
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