Axiory Review

1. What is Axiory?
2. Axiory Pros and Cons
3. Safe or a scam?
4. Leverage
5. Accounts
6. Fees
7. Spreads
8. Deposits and Withdrawals
9. Trading Platform
10. Customer Support
11. Education
12. Conclusion

Our Review Method

• 55Brokers Financial Experts with over 10 years experience in Forex Trading check trading offerings including fees, platforms, verified regulations, contacted customer service, and placed trades to see trading conditions and give expert opinion about Axiory

What is Axiory?

Axiory is an international Forex and CFD Trading Broker and intuitive space to access the forex and CFDs markets, established in 2011. The main aim of Axiory is based on transparent offering to the clients and trading community, while traders offered friendly unparalleled and well-developed technology.

Axiory operates as a group of companies, and trading brokers that are headquartered in Belize. Yet, Broker gained global exposure since operating for a quite long time in the world of trading and running representative offices in Dubai, which brought access to both EEA clients and the Middle East as well.

Axiory Pros and Cons

Axiory is a reputable broker with good trading technology, MetaTrader, and cTrader platform suitable for beginners and active traders. The broker has a range of instruments available for trading with quite good conditions in our opinion, the research and analysis section is just great making Axiory good for beginning traders.

On the negative side, Axiory is based in Belize so we recommend doing your own research about transparency, also instruments are limited to Forex and CFDs, also spreads for some account types are higher.

Overall Axiory Ranking

Our financial experts ranked Axiory as a good Broker for Forex or CFDs trading. We found good trading technology and excellent education and research section, which is good for beginners, also conditions are overall good.

• Axiory Overall Ranking is 7.7 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers

Axiory Alternative Brokers

However there are some disadvantages at Axiory found too, the biggest gap is serious regulation, while other Brokers provide good trading conditions and are safer brokers too. Also, spreads for some account types might be higher at Axuioury, so it is good to consider other brokers too, see our selection of Alternative Brokers below:

• HFM – Low Forex Spread Broker
• InstaForex – Good for EAs Trading
• eToro – Good for CopyTrading and Cryptocurrency Trading

Awards

Axiory takes a very active part in various worldwide sponsorships or social events. We see over time Axiory constantly receives awards. Here are some of the recent awards the broker has won:

Is Axiory safe or scam?

Axiory is not a scam, but we found out the company takes its origin from 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 which made the reputation of Forex trading and brokerage run like a scam.

• However, recently Belize regulation updated its policy and requires higher capitalization and standards for brokerage business while the company will be asked to deposit a 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.

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 a range of representative offices including Dubai. Also, Axiory operates since 2011 and ever since established a quite good trading basis and the trading community they serve.

Recently the broker also added the Mauritius license (FSC) under the company Tradit Ltd. 

See our conclusion on Axiory Reliability:

• Our Ranked Axiory Trust Score is 7 out 0f 10 for good reputation and service over the years, however, the biggest advantage is that it doesn’t hold any top-tier regulations

How are you protected?

Axiory is also obliged to fund 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’ funds in case of the brokers’ insolvency and reimburses trading accounts up to 20,000$

Axiory Leverage

Leverage is a very powerful tool that 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 capital 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 the use of 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 1:777.

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 Indices and more up to 1:200 according to the instrument conditions
• Commodity CFDs offering up to 1:100
• CFD Stocks is 1:5 for STD and NANO accounts, For MAX Account it is set to 1:10

Account types

We found that the Axiory account offering comprises five main account types offered including Nano Account, Standard Account, MAX Account, TERA Account, and Alpha Account. What we found absolutely great is that you can combine the use of both platforms MT4 and cTrader through one account. Also, Axiory is very generous allowing customization of the trading conditions, so while trading you can discuss conditions with customer service.

• You can invest in the stocks 100s of global brands and buy ETFs with Axiory’s Alpha account. Access the investment account on the multi-asset MT5 platform.
• You can choose the multi-asset, powerful trading platform with more tech indicators and time-frames and the same friendly interface. You can use MetaTrader 5 on Axiory’s Tera account.

In addition, there is an availability of Islamic Account for those traders that want to trade according to Sharia Laws, and you may always sign in for a Free Demo Account available for both platforms offered, so you can see trading conditions, simulate performance, and make your decision further.

A Step by Step guide on how to open an account

1.       Load the 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

Axiory Trading Instruments

The markets that you can trade through Axiory platforms include popular Forex, CFD Indices, Stock CFDs, Energies, Metals, Exchange Stocks, and Exchange ETFs. 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 Instrument Score is 7.9 out 0f 10 for a good trading instrument proposal overall. However, the range of instruments is limited to FX and CFDs and the availability of assets can be restricted depending on the country of residence

Axiory Fees

Axiory offers customized trading conditions and fees, which means you will engage with customer service and discuss your perspectives, objectives, and need so that Axiory can suit your conditions with the best proposal. Fees are built into spreads for some account types, for others are commission-based.

Axiory provides lots of for traders both experienced and beginners as well. 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.

• Axiory Fees are ranked good with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers. Fees are customizable, yet overall good and favorable. Some accounts may require commissions

Spreads

Axiory pricing is different, each account offers different conditions while Nano Account is defined with raw spread typically EURUSD 0.2 pips and a $6 commission charge per lot.

While the Standard account offers spreads only basis of 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.

• 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.

Also, you should always consider a swap or overnight charges in case you hold positions longer than a day, see some examples in the snapshot below.

• Axiory Spreads are ranked low/average with an overall rating of 7 out of 10 based on our testing comparison to other brokers. We rank it lower since some accounts offer higher than other competitors’ spreads, yet overall fees are around the average industry proposal

Deposits and Withdrawals

Creating its proposal as a user-friendly one Axiory also takes care of smooth proof of money transfers to or from the trading account. The money is accessible at any time you request so, also you may choose a payment provider according to your region, which is great.

• Axiory Deposits and Withdrawals we ranked Good with an overall rating of 8 out of 10. The Minimum deposit is very low, among the lowest in the industry so traders can start with any amount which is great. Also, we found numerous methods with low fees providing good conditions overall.

Here are some good and negative points for Axiory funding methods found:

Deposit Methods

Axiory uses the most common methods, as well as diverse its range with the option to transfer funds.

So the payment option includes the following providers, yet makes sure to verify which ones are available in your country of origin and allow transfers.

1. Credit and Debit Card
2. Wire Transfer
3. E-payments Skrill, Neteller, STICPAY, etc.

Axiory minimum deposit

The Axiory minimum deposit is 10$. Also, Axiory will cover fees for deposits via Cards and Wire transfers, while possible fees may be imposed by the payment provider according to your country of origin and applicable laws by other providers.

Does Axiory have no deposit bonus?

Yes, Axiory does have a 25 USD No Deposit Bonus which will be granted upon opening a light-stage trading account.

How do you withdraw from Axiory?

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 STICPAY, while others might be charging fees. So make sure with customer service about conditions.

How long is Axiory withdrawal?

The time to receive the payment and withdrawal also varies according to the method, while the broker himself promises to confirm the withdrawal request within 1-2 working days, payment providers may take from immediately up to 3-10 business days.

Trading Platforms

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, MT5, and cTrader. Eventually, this combination is the best as any size, proficiency level and need trader will find the right solution for himself.

• MetaTrader4 and MetaTrader5 are the golden standards for any traders including auto trading, copy trading, and robot traders, while cTrader is known for its progressive capabilities and great functions.

Scores & Availability of different platforms

• AxioryPlatform is ranked Good with an overall rating of 9 out of 10 compared to over 500 other brokers. We admit a good selection with popular MT and MT5 also it includes the cTrader platform for more sophisticated technical trading

Web Platform

The biggest advantage of the Web Platform is that there is no need to download the program so you can trade directly from your browser. Also, both Axiory platforms cTrader and MT4 are available in Web versions.

Web Platform, however, is a rather simplified version that is more suitable for average-level and beginning traders, since more comprehensive add-ons, tools, and capabilities are available through the desktop version only.

Desktop platform

MT4, MT5, and cTrader support 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 a modern platform combines cutting-edge technology and is a great alternative for MT4 with its intuitive GUI. Nevertheless, MT4 still remains the most used among 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 the 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 allows you good conditions right at your phone.

Customer Support

Considering Axiory customer support services, as an important part of the brokers’ proposal, we would say it is at quite a good level and is proud strength as the broker mentioned.

Axiory developed customer support available for interaction via phone lines, chat and email also representing services in major destinations including Singapore, UAE, Chile, and through its Belize office as well. We found their answers pretty relevant, while support is easily reachable and responsive.

• Customer Support in Axiory we rank Good with an overall rating of 8 out of 10 based on our testing. We found the customer team responsive and professional, also multilanguage. However, the lack of support on weekends is a minus

See our find and Ranking of Axiory Customer Service Quality:

Axiory Education

Also, Axiory support beginner with education materials designed through Trading Academy that includes strategic developments, market basics also with trading terms, and platforms. In addition, recently Axiory enlarged its offering and now runs Webinars around 5 monthly available from MyAxiory.

• Despite education, Axiory provides a 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 a nice range of research tools including Calculators, Indicators, and other tools like MyAxiory and Autochartist.

• Axiory Education ranked with an overall rating of 9 out of 10 based on our findings, we truly mark the Education section with provided analysis, industry lading analysis providers included, also well organized, packed with tools education, which is very good plus overall.

Axiory Review Conclusion

On the bottom line, Axiory Review is a sustainable, long, and time-verified history of operation broker with numerous clients they serve. Trading performance via technical solutions and professional platforms MT4, MT5 and cTrader are good quality, beginning traders will find education and great technical analysis developed by in-house professionals.

Notwithstanding 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 in and its offers meet various traders’ needs.

Based on Our findings and Financial Expert Opinion Axiory is Good for:

• Beginning Traders
• Forex Traders
• Traders who prefer MT4 or MT5 platform
• EAs running
• cTrader Trading
• Islamic Account trading
• Low Deposit Trading
• Forex Contest Trading
• Traders with a Variety of Trading Strategies