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Compare IQ Option vs Axi. Should trade at IQ Option or Axi?

brokerinfor by brokerinfor
2 August, 2023
in Compare, Compare Forex Brokers
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IQ OptionAxi

Table of contents

  1. Compare IQ Option vs Axi
  2. What is IQ Option? What is Axi ?
  3. IQ Option vs Axi Regulation Comparison
  4. IQ Option vs Axi Trading Assets Comparison
  5. IQ Option vs Axi Trading Fees Comparison
  6. IQ Option vs Axi Account Types Comparison
  7. IQ Option vs Axi Deposit Options Comparison
  8. IQ Option vs Axi Trading Platforms Comparison
  9. IQ Option vs Axi Analytical Tools Comparison
  10. IQ Option vs Axi . Which forex broker is better? Which forex broker should you choose?

Compare IQ Option vs Axi

What is IQ Option? What is Axi ?

IQ Option is an award-winning mobile trading platform that provides clients with an opportunity to trade 200+ assets, including currencies, indices, commodities, stocks and cryptocurrencies. IQ Option has over 40 million members and offers a free demo account, low minimum deposit, multiple payment methods, 24/7 support, and various trading tools and resources. IQ Option is regulated by the Cyprus Securities and Exchange Commission (CySEC) .

Axi is a global online broker that offers trading platforms for share CFDs, forex, crypto, gold and more. Axi has over 60,000 traders in 100+ countries and offers industry-standard MT4, ultra-competitive pricing, 24/5 award-winning service, and a suite of trading resources. Axi is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, the Dubai Financial Services Authority (DFSA) in the UAE, and the Financial Services Authority (FSA) in Seychelles .

IQ Option vs Axi Regulation Comparison

BrokerRegulatorLicense Number
IQ OptionCySEC247/14
AxiFCA509746
AxiASIC318232
AxiDFSAF004432
AxiFSASD011

IQ Option vs Axi Trading Assets Comparison

BrokerForex PairsStocks CFDsIndices CFDsCommodities CFDsCryptocurrencies CFDs
IQ Option50+200+25+6+20+
Axi80+N/A*11+6+5+

Axi does not offer share CFDs.

IQ Option vs Axi Trading Fees Comparison

BrokerSpreads*Commissions*Swap Rates*
IQ OptionFrom 0.6 pips on EUR/USD  From 0.01% on stocks  From 0.01% on crypto  From 0.01% on commodities  From 0.01% on indices None Variable depending on the asset 
Axi Standard AccountFrom 0.4 pips on EUR/USD  N/A on stocks From 0.4 pips on crypto  From 0.4 pips on commodities -From 0.4 pips on indices None Variable depending on the asset 
Axi Pro AccountFrom 0 pips on EUR/USD – N/A on stocks From 0 pips on crypto – From 0 pips on commodities -From 0 pips on indices $7 per round turn lot for forex and metals – $10 per round turn lot for crypto – $5 per round turn lot for commodities and indices – N/A for stocksVariable depending on the asset 

IQ Option vs Axi Account Types Comparison

BrokerAccount Types
IQ OptionStandard Account: Minimum deposit of $20, access to all trading assets and features, leverage up to 1:1000 for forex and up to 1:50 for stocks . VIP Account: Minimum deposit of $1900 or trading volume of $15000 in three months, access to all trading assets and features, leverage up to 1:1000 for forex and up to 1:50 for stocks, personal account manager, monthly reports and exclusive offers .
Axi Standard Account: No minimum deposit required, access to all trading assets except stocks, leverage up to 1:500 for forex and up to 1:200 for crypto, no commissions, spreads from 0.4 pips, MT4 platform . Pro Account: No minimum deposit required, access to all trading assets except stocks, leverage up to 1:500 for forex and up to 1:200 for crypto, commissions from $5 per lot, spreads from 0 pips, MT4 platform .

IQ Option vs Axi Deposit Options Comparison

BrokerDeposit OptionsWithdrawal Options
IQ OptionCredit/debit cards, e-wallets (Skrill, Neteller, WebMoney, etc.), wire transfer, local bank transfer Credit/debit cards, e-wallets (Skrill, Neteller, WebMoney, etc.), ..
AxiCredit/debit cards, e-wallets (Skrill, Neteller, etc.), local bank transfer Credit/debit cards, e-wallets (Skrill, Neteller, etc.), wire transfer, local bank transfer 

IQ Option vs Axi Trading Platforms Comparison

BrokerTrading Platforms
IQ OptionIQ Option platform: A proprietary web-based and mobile platform that offers a user-friendly interface, multiple chart types and indicators, technical analysis tools, news feed and economic calendar, alerts and notifications, risk management features, trading community and signals .
AxiMT4 platform: An industry-standard platform that offers a customizable interface, multiple chart types and timeframes, technical analysis tools, automated trading with expert advisors (EAs), backtesting capabilities, news feed and economic calendar .

IQ Option vs Axi Analytical Tools Comparison

BrokerAnalytical Tools
IQ OptionIQ Option offers various analytical tools within its platform, such as trend lines, Fibonacci retracement, moving averages, Bollinger bands, RSI, MACD and more. IQ Option also provides educational videos, emails and blog articles on various topics related to trading and analysis .
AxiAxi offers various analytical tools within its MT4 platform, such as trend lines, Fibonacci retracement, moving averages, Bollinger bands, RSI, MACD and more. Axi also provides access to Myfxbook AutoTrade for social trading and copy trading signals from other traders. Axi also provides educational webinars, articles and ebooks on various topics related to trading and analysis .

IQ Option vs Axi . Which forex broker is better? Which forex broker should you choose?

The choice of a forex broker depends on your personal preferences, trading goals, risk appetite, and other factors. Both IQ Option and Axi have their own advantages and disadvantages, as I have shown you in the previous comparison. Ultimately, you have to weigh the pros and cons of each broker and decide which one suits your needs and expectations better.

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