Axos Clearing
Axos Clearing is a FINRA- and SIPC-registered clearing and custody platform serving US introducing broker-dealers and hybrid RIAs with multi-asset settlement, an API-first Axos Complete ecosystem, and integrated banking via the ACCPA cash sweep account.
- Company typePrivate
- Founded2002
- HeadquartersOmaha, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Axos Clearing does
Axos Clearing LLC is a wholly-owned subsidiary of Axos Financial Inc. (NYSE: AX) and operates as a FINRA- and SIPC-registered clearing and custody platform serving FINRA-member introducing broker-dealers and hybrid registered investment advisors across the United States. Founded in 2002 and headquartered in Omaha, Nebraska with operational offices in Edison, New Jersey and Centennial, Colorado, the firm provides multi-currency settlement and straight-through processing for equities, options, mutual funds, fixed income, and foreign securities, alongside securities lending, margin lending (Axos Clearing Base Rate of 10.25%), FDIC-insured cash sweep through the Axos Clearing Cash Plus Account (ACCPA) up to $2.5 million, fixed income inventory access, retirement products, and investor communications services.
The technology architecture is open and API-first, organized around the Axos Complete ecosystem that combines the Axos Client Portal (client-facing account management), the Axos Professional Workstation (advisor operations), and the ACCPA integrated banking product. A public API Store at developer.axosclearing.com exposes APIs for account opening and maintenance, real-time balances, cash transfers (ACH), and terms and conditions, secured via API keys and OAuth 2.0. Clearing operations are supported by membership in DTCC, OCC, Euroclear, NYSE Arca, CHX, MSRB, and SIFMA, with primary processing provided by Thomson Beta Systems and redundant Equinix data centers in Ashburn and San Jose.
Revenue is generated through transaction-based clearing and settlement fees, margin interest income, securities lending (including Fully Paid Lending), cash management fees, fixed income markups and trading commissions, and wealth management platform fees, with multi-year contracts and AUM-tiered pricing disclosed only for prospect qualification. Go-to-market is sales-led and enterprise-focused, with direct relationships managed by an SVP Head of Sales, an SVP Head of Relationship Management, and supporting relationship managers across offices, complemented by a self-service developer channel. The client base spans traditional retail broker-dealers, online trading firms, institutional trading firms, retail wealth management firms, and independent and hybrid RIAs.
Axos Clearing firmographics
Firmographics- Name
- Axos Clearing
- Legal name
- Axos Clearing LLC
- Website
- https://axosclearing.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Axos Clearing is a FINRA- and SIPC-registered clearing and custody platform serving US introducing broker-dealers and hybrid RIAs with multi-asset settlement, an API-first Axos Complete ecosystem, and integrated banking via the ACCPA cash sweep account.
- Ownership category
- akta.pro rank
Where Axos Clearing is headquartered
LocationHeadquarters
- HQ city
- Omaha
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Axos Clearing business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Others
Revenue model
- Securities Clearing and Settlement Fees: Transaction-based fees charged to broker-dealers for clearing and settling securities transactions, including equities, options, mutual funds, and fixed income products
- Margin Interest Income: Interest income generated on margin lending to clients, with Axos Clearing Base Rate (ACBR) of 10.25%
- Securities Lending: Revenue from securities lending operations including Fully Paid Lending (FPL) and access to hard-to-borrow securities for short-selling
- Cash Management Services: Banking and cash management fees from the Axos Clearing Cash Plus Account (ACCPA) including FDIC-insured sweep programs
- Fixed Income Products: Access to fixed income inventory including government, corporate, municipal bonds, CDs, and structured products
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Assets Under Management tiers for prospect qualification |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Axos Clearing product offering
Product offeringCore offering
Axos Clearing provides comprehensive securities clearing, settlement, and custody services for FINRA member introducing broker-dealers and hybrid registered investment advisors (RIAs). The platform delivers multi-currency settlement, straight-through processing for equities, options, mutual funds, and fixed income, plus securities lending, cash management, retirement products, and wealth management solutions. Technology is delivered through an integrated Axos Complete platform encompassing the Axos Client Portal, Axos Professional Workstation, ACCPA Cash Plus Account, and an extensive API catalog with OAuth 2.0-secured developer access.
Product overview
Axos Clearing operates as a clearing and custody platform providing comprehensive solutions for broker-dealers and hybrid RIAs. The platform follows a modular architecture centered around Axos Complete, an integrated technology ecosystem combining the Axos Client Portal for client-facing account management, the Axos Professional Workstation for advisor operations, and the Axos Clearing Cash Plus Account (ACCPA) for integrated banking. Supporting core services include Securities Clearing and Settlement, Fully Paid Lending and Securities Lending, Cash Management, Fixed Income Solutions, Wealth Management solutions, Retirement Plans, and Investor Communications. The platform also offers an API Store for custom application development. Services are delivered through offices in Omaha (main clearing operations), Edison NJ (fixed income trading and stock loan), and Centennial CO (Axos Advisor Services), with technology partnerships across leading financial services platforms.
Differentiator
Problem solved
Functional benefit
Brands
- Axos Complete: A comprehensive, integrated technology solution that streamlines operations and empowers businesses with strategic tools.
- Axos Client Portal
- Axos Professional Workstation
- Axos Clearing Cash Plus Account (ACCPA)
- Axos Clearing API Store
Products and services
- Axos Complete
Quantifiable outcome
- 18.5% YoY net income growth in Q3 FY26
- +2 more outcomes
Companies that use Axos Clearing
Customer profileSegments2 records
Ideal customer profiles2 records
Axos Clearing technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature8 records
Axos Clearing partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- LSEG (London Stock Exchange Group)coreTechnology partnership providing trading systems and market data integration for broker-dealer clients.
- EnvestnetcoreWealth management technology partnership providing portfolio management and reporting solutions integration.
- FIS (Fidelity National Information Services)coreFinancial technology infrastructure partnership providing core banking and processing systems integration.
- BroadridgecoreTechnology partnership providing investor communications, data analytics, and processing solutions.
- EuroclearcoreClearing and settlement membership providing streamlined clearance and settlement for foreign securities including real-time transaction information.
- DTCC (Depository Trust & Clearing Corporation)coreClearing corporation membership providing clearing and settlement capabilities for domestic securities.
- OCC (Options Clearing Corporation)coreClearing corporation membership for options clearing and settlement.
- Thomson Reuters/Beta SystemscorePrimary processing provider with significant technology backup and redundant processing facilities.
Scale indicators10 records
Recent moves5 records
Expansion highlights5 records
Axos Clearing competitors and assessment
Company assessmentDirect peers
- Pershing (BNY Mellon): Pershing is BNY Mellon's clearing and custody arm, providing clearing, custody, and technology solutions to broker-dealers, RIAs, and family offices globally. It is the most direct large-scale competitor to Axos Clearing in the introducing broker-dealer and RIA custody segment with overlapping product set.
- Wedbush Securities: Wedbush Securities provides clearing, execution, and prime brokerage services to introducing broker-dealers and active traders. It is a mid-sized direct peer to Axos Clearing in the introducing broker-dealer clearing market.
- Interactive Brokers: Interactive Brokers provides clearing and prime brokerage services to broker-dealers, introducing brokers, and prop trading firms globally via its IBKR platform. It competes with Axos Clearing on API-first clearing technology and multi-asset transaction processing.
- Apex Clearing: Apex Clearing provides clearing and custody to digital-first brokerages, fintechs, and RIAs with an API-first platform. It is the closest direct competitor to Axos Clearing on the API-native introducing broker-dealer and wealthtech segment.
- Fidelity Clearing & Custody Solutions: Fidelity's institutional clearing and custody business serves broker-dealers, RIAs, and registered investment advisors with custody, trading, and technology services. It competes head-to-head with Axos Clearing for hybrid RIA and independent broker-dealer mandates.
- LPL Financial: LPL Financial operates its own self-clearing platform serving independent financial advisors and broker-dealer affiliates. As the largest independent broker-dealer by advisor count, LPL's in-house clearing competes directly with Axos Clearing's introducing broker-dealer value proposition.
Broad incumbents
- Charles Schwab Advisor Services: Schwab Advisor Services provides custody, trading, and practice management to RIAs and is part of the broader Charles Schwab (now post-TD Ameritrade) platform. It is a broader incumbent in the RIA custody space that competes with Axos Clearing's hybrid RIA offering.
- Raymond James Financial: Raymond James operates a fully integrated private client group with its own clearing, custody, and wealth management infrastructure. It overlaps with Axos Clearing on the broker-dealer and RIA custody side as a broader incumbent.
- Cetera Financial Group: Cetera is an independent broker-dealer network that partners with clearing firms for custody services and competes in the hybrid RIA segment. As a major user of clearing services and an aggregator of independent advisors, it is an adjacent incumbent and customer-pattern comparable to Axos Clearing's market.
- Goldman Sachs Custody Solutions: Goldman Sachs provides custody, clearing, and fund services through its Transaction Banking and Asset Management divisions, targeting institutional and high-net-worth clients. It is a broader incumbent competing with Axos Clearing for sophisticated RIA and broker-dealer relationships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Axos Clearing social profiles
Digital presenceAxos Clearing compliance and trust
Trust signalCompliance4 records
Axos Clearing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Axos Clearing leadership team
Management profileNumber of profiles
Profiles11 records
Axos Clearing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Axos Clearing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Axos Clearing
What does Axos Clearing do?
Axos Clearing provides comprehensive securities clearing, settlement, and custody services for FINRA member introducing broker-dealers and hybrid registered investment advisors (RIAs). The platform delivers multi-currency settlement, straight-through processing for equities, options, mutual funds, and fixed income, plus securities lending, cash management, retirement products, and wealth management solutions. Technology is delivered through an integrated Axos Complete platform encompassing the Axos Client Portal, Axos Professional Workstation, ACCPA Cash Plus Account, and an extensive API catalog with OAuth 2.0-secured developer access.
Is Axos Clearing a public or private company?
Axos Clearing is a private company. It is classified as corporate owned and is currently operating.
When was Axos Clearing founded?
Axos Clearing was founded in 2002. It employs 1 to 10 people.
Where is Axos Clearing based?
Axos Clearing is headquartered in Omaha, United States, in the North America region.
How does Axos Clearing make money?
Five revenue lines are on record. Securities Clearing and Settlement Fees are the primary driver. The others are margin Interest Income, securities Lending, cash Management Services and fixed Income Products.
Who are Axos Clearing's main competitors?
Direct peers on record are Pershing (BNY Mellon), Wedbush Securities, Interactive Brokers, Apex Clearing, Fidelity Clearing & Custody Solutions and LPL Financial. Broad incumbents are Charles Schwab Advisor Services, Raymond James Financial, Cetera Financial Group and Goldman Sachs Custody Solutions.
Does Axos Clearing have an API?
Yes. Axos Clearing provides a collection of APIs designed to support financial services firms and advisors. The API offering includes Account Opening & Maintenance APIs (for opening, updating, and closing accounts supporting Individual and Joint account types), Real Time Balances APIs (displaying real-time balances of securities and security lending including FPL, Equity, Margin, Mutual Funds, and Options), Cash Transfers APIs (enabling ACH cash transfers with features for sending/receiving transfers, controlling transfer amounts, checking account validity, viewing ACH activity and status, and attaching messages), and Terms and Conditions APIs (providing legal documents for account opening, customer agreements, FPL agreements, margin agreements, and options agreements). Security is implemented via API keys through a secure developer dashboard and OAuth 2.0 for token authentication. Developer documentation is at developer.axosclearing.com/APICatalog.aspx.