Axiory is an NDD broker and a trading provider that offers popular trading instruments and assets through MT4 and cTrader platforms and is established back in 2012. The original idea of Axiory found is based on transparent offering to the clients and trading community, while traders will get unparalleled and well-developed technology for its greater success.
Axiory operates as a group of companies, trading brokers that headquarters in Belize. Yet, Broker gained global exposure since operate for a quite long time in the world of trading and run representative offices in Dubai, which brought access to both EEA clients and Middle East as well.
Range of instrument including Forex and CFDs
No multi-currency accounts
Great trading technology development
Suitable for both beginners and Professionals
Based on MetaTrader and cTrader performance
10 Points Summary
Country of regulation
Forex, CFD Indices, Energies, and Metals
Trading costs and spreads are average
Several currencies available
Learning materials and technical analysis available
Is Axiory safe or a scam?
Before you sign and trust broker you definitely should verify its legit information and see whether the broker is trusted one or not. In regard to Axiory, we found out the company takes its origin from the Belize, which is known as offshore jurisdiction known earlier for a relatively easy way to obtain a Forex trading license. This of course attracted numerous brokers and also unscrupulous enthusiasts as well that made reputation of Forex trading and brokerage run like a scam.
However, recently Belize regulation updated its policy and require higher capitalization and standards towards brokerage business while the company will be asked to deposit capitalization of $100,000 at the beginning of the application process. So all in all it makes things much better, so the broker can be trusted.
Segregated Accounts and annual reports
Not listed on Stock Exchange
Cross border offering including the global proposal
Regulated by Belize IFSC only
Negative Balance Protection applied
Compensation up to 20,000$
Is Axiory legitimate?
First of all, Axiory is a trading name that operates as an AXIORY group of companies with a registered address in Belize and range of representative offices including Dubai. Also, Axiory operates for more than a decade since 2007 and ever since established a quite good trading basis and the trading community they serve.
Also, there is one more company that stands behind Axiory’s name – PT International Limited, based in London, UK and Operations HQ in Brno Czech Republic if they wish, as the brokerage is Czech owned.
How are you protected?
Axiory also obliged to funds segregation means client funds are strictly separated from the company ones. The broker is regularly audited and reported on required terms, which means there is a sustainable level of transparency since prices are received directly from liquidity providers and reporting confirms its no-intervention environment.
In addition, Axiory is a member of the Financial Commission, an independent commission that protects clients fund in case of the brokers’ insolvency and reimburses trading account up to 20,000$
Leverage is a very powerful tool which tends to magnify your income through its possibility to increase trading capital in a certain number of times, defined as a ratio. Forex trading indeed is popular for its leverage opportunity, meaning that with initially small capitals you potentially may gain quite good exposure to the markets.
However, with its great capabilities, leverage increases risks in parallel as well, thus world authorities restrict use of the high leverage, while some brokers still offer this alluring opportunity. Eventually, Axiory is one of those brokers that still define its range of offered leverage up to 1:500.
Leverage levels are also defined by the instrument you trade and vary according to their asset category and the amount traded. Therefore, for exact levels check conditions through a trading platform.
Forex instruments and Currency Pairs leverage is set to a maximum of 1:500
CFDs on Stocks, Indices and more up to 1:200 according to the instrument conditions
Commodity CFDs offering up to 1:100
There are several account types designed to met particular trading needs, also providing a quite flexible trading conditions and availability of Islamic Account for those traders requiring so.
In addition, you may always sign in for Free Demo Account available for both platforms offered, so you can see trading conditions, simulate performance and make your decision further.
Fast digital account opening
Three Account Types for Live Trading
Practise Demo Account
There are three main account types offered by Axiory including Nano Account, Standard Account and MAX Account. What is absolutely great, you can combine the use of both platforms MT4 and cTrader through one account. Also Axiory being very generous allowing customization of the trading conditions, so while trading you can discuss conditions with the customer service.
A Step by Step guide on how to open an account
1. Load Axiory Sign In page
2. Register your personal data (Name, email, phone etc.)
3. Confirm access through set email and verify your details
4. Access practice account at this stage
5. Make your first deposit and choose an account type. Define conditions with customer service
6. Enjoy trading
The markets that you can trade through Axiory platforms including popular Forex, CFD Indices, Energies, and Metals. While some traders may find a range of tools limited, it is obvious that Axiory offers the most popular and traded ones. So in case you look for Futures trading, better consider other brokers.
Axiory offers customized trading conditions and fees, which means you will engage with customer service and discuss your perspectives, objectives and need so the Axiory can suit your conditions with the best proposal. This is actually quite a great opportunity, as not many brokers offering so. Besides, you will find either NDD spread based fee conditions or if you prefer to trade with raw spread and commission charges, there is an opportunity available as well.
Low CFD fees
Only CFD instruments
Quite High Commodities Fee
Transparent fee structure
No additional costs or commissions
Together with its flexible conditions, each account offers different conditions while Nano Account is defined with raw spread typically EURUSD 0.2 pips and 10USD commission charge per lot. While Standard account offers spread only basis with EUR USD 1.2, lastly MAX account which proposes higher leverage up to 1:500 spread is around 1.8 for the same EUR USD pair.
Also, you should always consider swap or overnight charges n case you hold positions longer than a day, see some examples in the snapshot below.
At some point, Standard fee conditions may look a bit higher than the Axiory competition, however trading conditions are flexible so you may discuss it with the support center. For instance, you also may check out and compare Axiory fees with its peer XM.com.
Comparison between Axiory fees and similar brokers
Crude Oil WTI
Deposits and Withdrawals
Creating its proposal as a user-friendly one Axiory also takes care of smooth proves of money transfers to or from the trading account. The money are accessible at any time you request so, also you may choose a payment provider according to your region, which is great.
Fast digital deposits, including BitPay or Bitcon payment
Deposit fee may be applicable
Small first deposit
Supporting Account Base Currencies USD and EUR
0$ free withdrawal
Axiory uses the most common methods, as well as diverse its range with the option to transfer funds via Cryptocurrencies through popular BitPay that supports a wide range of cryptos including Bitcoin, Ripple, Lithecoin and more. So the payment option including the following providers, yet make sure to verify which ones are available in your country of origin and allowing transfers.
Credit and Debit Card
E-payments Skrill, Neteller, STICPAY etc.
What is the minimum deposit on Axiory?
To open an account with Axiory the minimum deposit defines only 100$, which is also the same minimum for all three account types broker offers. However, see the trading conditions of each account type and choose the most suitable for you according to the trading fee structure and the size you’re willing to operate.
Also, Axiory will cover fees for deposits via Cards and Wire transfer, while possible fees may be imposed by the payment provider according to your country of origin and applicable laws by other providers.
Can you withdraw money from Axiory?
Yes, you can withdraw money from Axiory and use the same withdrawal methods as the deposit ones. In terms of fees, Axiory proposes Free withdrawal via Credit Cards and SITICPAY, while others might be charging fees. SO make sure with customer service about conditions.
Time to receive the payment and withdrawal also varies according to the method, while the broker himself promises to confirm withdrawal request within 1-2 working days, payment providers may take from immediate up to 3-10 business days.
The trading platforms or the software which you will use for the trading performance itself offer a powerful combination and the choice between popular and well-regarded MT4 and cTrader. Eventually, this combination is the best as any size, proficiency level and need trader will find the right solution for himself.
MetaTrader4 is a golden standard for any traders including auto trading, copy trading and robot traders, while cTrader is known for its progressive capabilities and great functions.
User friendly trading software
Offering cTrader and MT4
Both platforms supporting Web, Mobile and Desktop platforms
Technical analysis and no limitation of strategies
Supporting various languages
The biggest advantage of Web Platform is that there is no need to download the program so you can trade directly from your browser. Also, both of Axiory platforms cTrader and MT4 available in Web versions.
Web Platfrom, however, is a rather simplified version which is more suitable for average level and beginning traders, since more comprehensive add-ons, tools and capabilities available through desktop version only.
Both MT4 and cTrader supports all devices including PC and MAC, so the choice is yours which platform you prefer to use. Good to mention again that each account supports both platforms, so there is no need to specify, you can use two at the same time, which is great.
cTrader as modern platforms combines cutting-edge technology and is a great alternative for MT4 with its intuitive GUI. Nevertheless, MT4 still remains the most used among the industry traders due to its great charting, visual functions and endless capabilities for copy trading and adjustments to EAs.
Mobile Trading Platform
Of course, you will remain updated under any circumstances about your trading progress or market conditions with available Mobile Platform. Free and simple to use apps suitable for iPhone and Android devices, also based on the MT4 engine or cTrader app is also quite comprehensive and allowing you good conditions right at your phone.
Trading friendly app suitable for Android and iOS
Easy to manage and navigate
Considering Axiory customer support services, as an important part of the brokers’ proposal, we would say it is at the quite god level and is proud strengths as broker mention by himself. Axiory developed customer support available for interaction via phone lines, chat and email also representing services in major destinations including Cyprus, UK, Singapore, UAE, Chile and through its Belize office as well.
We found their answers pretty relevant, while support is easy reachable and responsive.
Quick response within working hours
No 24/7 customer support
Live Chat, Phones supported
Contact Form online
Also, Axiory supports beginner with education materials designed through Trading Academy that includes strategical developments, market basics also with trading terms and platforms.
However, Axiory provides only articles or written materials and lacks videos or webinars, which are quite essential for beginners. Despite education, Axiory provides quite comprehensive technical analysis which is a great feature for both traders newbies and professionals, in addition to market news and other support materials available directly from the offered platforms. Along with nice range of research tools including Calculators, Indicators and other tools like MyAxiory and Autochartist.
Trading Academy with categorized articles
Demo Account available
Learning center designed for beginners
Advanced Technical Analysis
Axiory Review presented us with a broker, a sustainable, long and time-verified history of operation with numerous clients they serve from all over the world and a technology-based trading proposal. The main aim of Axiory to develop balanced trading conditions suitable for beginning or professional traders and provided through the ultimate trading performance via technical solution and professional platforms MT4 and cTrader.
The broker also supports beginning traders with the education and great technical analysis developed by in-house professionals. Despite the fact broker mainly operates as an offshore-based broker, its conditions and certain level of protection and standards applied made us name Axiory as a safe broker to invest.
And of course, we will be happy to hear and know your personal opinion about Axiory, which you may share in the comment area below.
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