Axos Invest vs IG - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

Axos Invest vs IG

Compare Axos Invest and IG 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
IG

IG

Active CFD and forex traders

IG is a CFD-focused broker with forex, shares, ETFs, crypto, options and futures, plus web, Android and thirdโ€ฆ

Head-to-head comparison

Axos Invest vs IG
Feature Axos Invest IG
Minimum deposit - -
Stock trading fee Commission-free for self-directed trading US share CFDs: 2 cents per share, $15 minimum online; UK share CFDs: 0.10%, ยฃ10 minimum online; Hong Kong share CFDs: 0.18%, HKD50 minimum online; Euro share CFDs: 0.10%, โ‚ฌ10 minimum online
Regulators SEC, FINRA, SIPC FCA, ASIC, BaFin, MAS, FSCA, DFSA, JFSA, CFTC, NFA, BMA
Best for Robo-advisor and self-directed investors Active CFD and forex traders
Markets & account
Stocks
ETFs
Forex
-
CFDs
-
Crypto
-
Bonds
-
Options
Futures
-
Funds
-
Ready Made Portfolios
-
Margin
Business Account
-
Demo 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)
IG

IG

Pros

  • No minimum balance for a CFD trading account
  • Free demo account with $20,000 virtual funds
  • Lower minimum deal sizes for the first 6 weeks
  • No commission to close listed options positions
  • Futures positions have no overnight funding fees
  • Extended hours on over 90 key US stocks
  • Weekend trading on selected indices, FX pairs and crypto

Cons

  • 0.8% FX conversion fee on non-base-currency CFD trades
  • 2.3% third-party card processor charge
  • US share CFDs have a $15 minimum online commission
  • UK share CFDs have a ยฃ10 minimum online commission
  • Daily overnight funding applies to overnight CFD positions
  • $40/month ProRealTime fee unless conditions are met
  • Monthly fees can apply for exchange stock feeds
  • Demo trades exclude slippage, interest and dividend adjustments
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.

IG

IG

IG is a CFD-focused broker with forex, shares, ETFs, crypto, options and futures, plus web, Android and third-party platforms.

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.