Is Axos Invest Worth It in 2025?
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Axos Invest is an online investment platform designed for both new and experienced investors. It offers services like automated portfolio management and self-directed trading, allowing users to choose the investment approach that aligns with their financial goals. With competitive fees and various account options, Axos Invest aims to provide accessible and customizable investment solutions.
For beginner traders, understanding the features and services of an investment platform is essential. This review provides an in-depth look at Axos Invest, covering its key features, regulatory status, trading instruments, platforms, mobile app, and account types.
Axos Invest Key Features
- Automated Investment Management: Axos Invest offers managed portfolios tailored to individual financial goals and risk tolerance, providing a hands-off investment experience.
- Self-Directed Trading: For those who prefer a more active role, Axos Invest provides a platform for self-directed trading, allowing users to trade stocks, ETFs, options, and mutual funds.
- Low Management Fees: The platform charges a 0.24% annual advisory fee for managed portfolios, which is competitive compared to industry standards.
- Tax-Loss Harvesting: Axos Invest includes tax-loss harvesting in all managed accounts, helping investors potentially reduce their tax liabilities.
- Portfolio Customization: Investors can customize their portfolios by adding or removing specific asset classes, including socially responsible investments.
Axos Invest Regulatory Status & Licenses
Axos Invest operates under strict regulatory oversight to ensure compliance and protect investors. The platform is registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser.
Additionally, Axos Invest LLC is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), which provides protection for securities customers up to $500,000, including a $250,000 limit for cash claims.
| Regulatory Authority | License Number | Fund Protection | Negative Balance Protection | Country |
|---|---|---|---|---|
| SEC | 150953 | Not applicable | Not specified | USA |
| FINRA | 172393 | Up to $500,000 | Not specified | USA |
| SIPC | Not applicable | Up to $500,000 | Not specified | USA |
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Axos Invest Trading Instruments
Axos Invest provides a diverse range of trading instruments to accommodate various investment strategies. The platform supports trading in stocks, ETFs, options, and mutual funds, offering investors the flexibility to build diversified portfolios.
| Asset Class | Number of Assets | Leverage | Spreads (Typical) |
|---|---|---|---|
| Stocks | Thousands | Not specified | Commission-free |
| ETFs | Numerous | Not specified | Commission-free |
| Options | Various | Not specified | $1 per contract |
| Mutual Funds | Over 10,000 | Not specified | $9.95 per trade |
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Axos Invest Trading Platforms
Axos Invest offers a web-based trading platform that caters to both managed portfolio clients and self-directed traders. The platform provides real-time market data (available with Axos Elite), research tools, and screeners to assist investors in making informed decisions. However, some advanced features require a subscription to Axos Elite.
| Platform | Availability | Features |
|---|---|---|
| Web-Based Platform | Yes | Real-time data (with Axos Elite), research tools |
| Mobile Platform | Yes | Account management, trading via mobile site |
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Axos Invest Mobile App
Axos Invest provides a mobile app that allows users to manage their accounts on the go. While the app offers account management features, trading functionalities redirect users to a mobile site, which may require additional logins.
| Feature | iOS Rating | Android Rating |
|---|---|---|
| Account Management | 4.7/5 | 4.5/5 |
| Trading Access | Limited | Limited |
Axos Invest Account Types
Axos Invest offers a variety of account types to meet different investment needs. These include individual taxable accounts, traditional IRAs, and Roth IRAs. However, options like joint taxable accounts and custodial accounts are not available, which may limit choices for some investors.
| Account Type | Minimum Deposit | Leverage | Spreads | Commission |
|---|---|---|---|---|
| Individual Account | $0 | Not specified | Commission-free | $0 for stocks/ETFs |
| Traditional IRA | $50 | Not specified | Commission-free | $0 for stocks/ETFs |
| Roth IRA | $50 | Not specified | Commission-free | $0 for stocks/ETFs |
Axos Invest Commissions & Fees
Axos Invest offers a competitive and transparent fee structure across its various account types, catering to both self-directed traders and those seeking automated portfolio management. For self-directed trading accounts, Axos provides commission-free trades on stocks and ETFs, aligning with industry standards to minimize trading costs. Options trading incurs a fee of $1 per contract; however, upgrading to an Axos Elite account reduces this fee to $0.80 per contract, with a $10 monthly subscription.
For managed portfolios, Axos Invest charges a 0.24% annual advisory fee on account balances over $500. Accounts with balances below $500 are subject to a $1 monthly fee. This management fee is relatively low compared to traditional advisors, making Axos Invest an attractive option for cost-conscious investors.
| Fee Type | Standard Account | Axos Elite Account | Managed Portfolios Account |
|---|---|---|---|
| Stock & ETF Trades | $0 | $0 | N/A |
| Options Contracts | $1 per contract | $0.80 per contract | N/A |
| Annual Advisory Fee | N/A | N/A | 0.24% |
| Account Minimum | $0 | $0 | $500 |
| Account Transfer Fee | $100 per account | $100 per account | $100 per account |
| IRA Account Closure Fee | $60 per plan | $60 per plan | $60 per plan |
| Returned Check Fee | $45 per check | $45 per check | $45 per check |
| Domestic Wire Transfer | $30 per wire | $30 per wire | $30 per wire |
| International Wire Transfer | $75 per wire | $75 per wire | $75 per wire |
| Inactivity Fee | $0 | $0 | $0 |
| Stop Payments | $27 per stop | $27 per stop | $27 per stop |
| Returned ACH Items | $30 per return | $30 per return | $30 per return |
| Check Writing Stop Pays | $30 per check | $30 per check | $30 per check |
| Photocopies of Checks | $6 per check | $6 per check | $6 per check |
| Prepayments of Unsettled Funds | $35 per item plus interest | $35 per item plus interest | $35 per item plus interest |
| Mutual Fund Trade | $9.95 per trade | $9.95 per trade | N/A |
| Margin Interest Rate | 5.50% | 5.50% | N/A |
| Axos Elite Subscription | N/A | $10 per month | N/A |
Note: The above fees are sourced from Axos Invest’s official fee schedule.
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Axos Invest Deposit & Withdrawals
Axos Invest supports various funding methods to facilitate deposits and withdrawals, including Automated Clearing House (ACH) transfers, wire transfers, and checks. ACH transfers are typically free and are processed within 1-2 business days, offering a cost-effective and efficient option for most investors.
Wire transfers, both domestic and international, are also available but incur fees—$30 for domestic wires and $75 for international wires. These transfers are usually processed on the same business day if initiated before the cut-off time. It’s important to note that some account types may have specific requirements or limitations regarding deposits and withdrawals.
| Payment Method | Deposit Fee | Withdrawal Fee | Processing Time |
|---|---|---|---|
| ACH Transfer | $0 | $0 | 1-2 business days |
| Domestic Wire | $30 | $30 | Same day |
| International Wire | $75 | $75 | 1-2 business days |
| Check | $0 | $0 | 5-7 business days |
| Debit Card | Not available | Not available | Not available |
| Credit Card | Not available | Not available | Not available |
| PayPal | Not available | Not available | Not available |
| Cryptocurrency | Not available | Not available | Not available |
Note: The above fees are sourced from Axos Invest’s official fee schedule.
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Axos Invest Customer Support
Axos Invest provides customer support through multiple channels to assist clients with their inquiries and account management needs. Support is available via phone and email from Monday to Friday, 8 a.m. to 4 p.m. Pacific Time. While the availability is limited to business hours, the support team aims to respond promptly to customer queries.
The platform also offers an online virtual chat feature named Evo, designed to provide immediate assistance for common questions and issues. However, access to human advisors is not available, which may be a consideration for investors seeking personalized guidance.
| Support Channel | Availability | Response Time | Languages |
|---|---|---|---|
| Phone | Mon-Fri, 8 a.m. – 4 p.m. PT | Immediate during hours | English |
| Mon-Fri, 8 a.m. – 4 p.m. PT | Within 24 hours | English | |
| Virtual Chat (Evo) | 24/7 | Immediate | English |
| Live Chat | Not available | Not available | Not available |
| Social Media | Not specified | Varies | English |
| In-Person Support | Not available | Not available | Not available |
Note: The above information is sourced from Axos Invest’s support resources.
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Axos Invest Education & Research
Axos Invest provides a modest selection of educational and research resources geared toward beginner investors. The company offers blog posts that cover basic investment principles, portfolio strategy, and market terminology. These materials are accessible on its website and are updated periodically to reflect changing market conditions.
In addition, Axos Invest offers third-party research tools like TipRanks for users subscribed to the Axos Elite plan. This includes analyst ratings, price targets, and stock screener tools. However, the platform lacks advanced resources such as interactive courses, video tutorials, and live market webinars that many competitors now offer.
| Resource Type | Availability | Quality |
|---|---|---|
| Blog | Yes | Covers basics and general strategies |
| Podcast | Yes | High-quality insights, episodic |
| Webinars | Occasionally | Entry-level, few updates |
| TipRanks Research | Axos Elite only | In-depth analyst reports |
| Stock Screener | Yes (Elite only) | Advanced filters and metrics |
| Market News | Limited | General updates |
| Video Tutorials | No | Not available |
| Interactive Courses | No | Not available |
| Economic Calendar | No | Not available |
| FAQs | Yes | Clear and organized answers |
| Investment Tools | Yes | Calculators and goal planning tools |
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Axos Invest Google Reviews & Reputation
Axos Invest’s overall reputation across online review platforms is a mix of strong mobile app feedback and lower satisfaction scores for broader service experience, particularly on Trustpilot where banking issues spill over into the investment arm. Still, users generally praise the platform’s ease of use and intuitive design.
The iOS and Android apps consistently receive high ratings for simplicity, speed, and basic investment management. Trustpilot reflects more issues tied to Axos Bank rather than its investment services. As a result, new investors might find Axos Invest reliable for its tools but should be aware of limited support and account-related complaints.
| Rating Factor | Score (out of 5) | Trustpilot Rating | App Store Rating | Google Play Rating |
|---|---|---|---|---|
| Overall Satisfaction | 3.8 | 1.9 | 4.7 | 4.5 |
| Ease of Use | 4.5 | 2.0 | 4.8 | 4.6 |
| Fees & Pricing | 4.2 | 3.0 | 4.6 | 4.4 |
| Customer Support | 3.2 | 2.2 | 4.0 | 3.9 |
| App Performance | 4.6 | N/A | 4.7 | 4.5 |
| Onboarding Process | 4.7 | N/A | 4.8 | 4.6 |
| Account Features | 3.9 | 2.1 | 4.5 | 4.3 |
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Axos Invest Bonuses & Promotions
Axos Invest is not widely known for frequent trading promotions. However, it occasionally rolls out time-sensitive campaigns designed to attract new users and reward loyal customers. These bonuses usually take the form of cash rewards tied to deposits, account transfers, or successful referrals.
The parent company, Axos Bank, also provides a range of financial product incentives, some of which may be cross-promoted to Axos Invest customers. While not as aggressive as crypto or CFD brokers in terms of bonuses, Axos Invest’s incentives are real and regulated.
Typical Promotions:
- 💵 $150 bonus for opening and funding a new self-directed trading account with at least $1,000
- 💼 Refer-a-friend program: $50 reward per referral who funds their account
- 📉 First 3 months free on Axos Elite membership (value: $30)
- 🔁 IRA rollover bonus of up to $200 for transfers over $5,000
- 💳 No advisory fee for the first month on managed accounts
Axos Invest Advantages & Disadvantages
Axos Invest has several clear advantages, especially for new investors looking for low fees and hands-off portfolio options. It’s well-regulated and user-friendly. However, its educational tools, live support, and asset range may be insufficient for advanced traders or long-term retirement planners.
| Pros | Cons |
|---|---|
| Commission-free stock and ETF trades | No access to crypto, futures, or forex |
| Low advisory fees with no hidden charges | No live chat or weekend support |
| Easy onboarding with $0 minimum for trading accounts | Limited educational materials and research tools |
| Customizable portfolios with tax-loss harvesting | High wire transfer and closure fees |
| Highly rated mobile apps on both iOS and Android | No joint, custodial, or trust accounts |
| Access to TipRanks research via Elite subscription | Many premium tools locked behind a paywall |
| SIPC and FINRA protection for all account types | Occasional login/session timeout issues (per user reports) |
Final Thoughts
Axos Invest is a great choice for beginner investors who want a simple, low-cost, and user-friendly way to start trading or building a long-term portfolio. It stands out with its clean mobile interface, no trading commissions, and affordable robo-advisory services.
However, it falls short in terms of advanced education, platform tools, and broader asset availability. For passive investors or new traders wanting a well-regulated and trustworthy place to begin, Axos Invest checks the essential boxes. Just be sure to read the fine print on fees for specific services like wire transfers or account closures.