Axiory Review – Learn More About Axiory.Com
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 are 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.
So without further ado, let’s dive into this Axiory broker review to find out more about this company.
|Broker Status:||Regulated broker|
|Regulated by:||IFSC, FSC|
|Blacklisted as a Scam by:||ASF, JFSA|
|Broker Owner:||Axiory Global Limited|
|Online Trading Platforms:||MT4, MT5, cTrader|
|Crypto Asset Trading:||No|
|CFD Trading Option:||Yes|
|Available Trading Instruments:||Forex, CFD Indices, Stock CFDs, Energies, and Metals|
|Free Demo Account:||Yes|
|Accepts US clients:||No|
How Safe is Axiory? Regulation and Security
Axiory is not a scam, but we found out the company takes its origin from Belize, which is a well known offshore jurisdiction, where it is relatively easy 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.
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 has operated since 2011 and ever since established a quite good trading basis and the trading community they serve.
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.
Axiory Account Types Offered
In regards to the Axiory account types, we have found that they offer five different accounts, which include the following:
- Nano account
- Standard account
- Max account
- Tera account
- 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.
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.
Trading Instruments Offered by Axiory
In terms of trading instruments, Axiory offers the following:
- Forex pairs – EUR/USD, AUD/CHF, JPY/GBP
- Metals – gold, platinum, palladium
- Energies – crude oil, natural gas
- Indices – FTSE100, NIKKEI225, AUS200
- Stocks – Boeing, Apple, Nike
From what Axiory tells us, the spreads are ultra-low, near zero. For example, the average EUR/USD spread for the Nano account is 0.2 pips, and the broker charges $6 per lot.
For Stock CFDs, the Nano account commission is 0.04 USD per CFD (min 6 USD). These apply to USD whereas EURO commissions are calculated as a percentage. Axiory’s standard account has zero commissions and a spread of 1.2 pips fixed.
Funding Methods at Axiory
When it comes to the available payment methods, the broker included the following:
- Credit/debit cards
- Wire transfers
The minimum deposit is 10 $ and the minimum withdrawal amount is 100 $, with no related fees. There’s not even an inactivity fee, which is great. Yet, traders have had problems with the Axiory withdrawal process.
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.
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.
Axiory Trading Platforms Overview
Axiory offers three trading platforms. One is the most popular software among retail investors, MT5, as well as MT4. The last one is a platform called cTrader.
Platforms like MT4 and MT5 are the best trading tools on the market, with millions of users on both desktop and mobile.
All of the platforms have both desktop and mobile versions (Android & iOS). MT platforms are amazing, arguably the industry’s leaders. They are equipped with advanced tools such as automated trading, multiple timeframes, instant execution, and a user-friendly interface.
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.
The software has a large number of indicators, trading tools, and add-ons. You can use features such as Stop Loss or Take Profit, but also access social trading and bots.
Additionally, clients can log in to their accounts using the MT5 mobile app. There’s no mistake when choosing a reliable platform such as this one.
As for cTrader, the platform was released in 2010 to challenge the popular MT software. It’s easy to use, and offers more options than MT4 in terms of charting, over 60 integrated indicators, and automated trading.
Under the educational tab on the Axiory’s website, you can find the following material:
- Axiory trading academy
- How to
- Daily markets news
- Daily technical analysis
- Stock of the day
- Traders edge
- Weekly market commentary
Educational resources are extremely important, especially to someone who is new to the whole trading industry. This shows how valuable you are as a customer and how important it is to the broker for you to know exactly what you are getting yourself into.
Each guide, once again, contains a thorough description with charts and pictures, as well as instructions on how to apply the analysis. Additionally, a guide to basic fundamental indexes can be found in the teaching resources for fundamental analysis.
These resources cater to traders of all levels of expertise interested in having a good understanding of the topic. 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.
Customer support is available 24 hours a day, 5 days a week. You can reach them via phone, email, or through a form that can be found on their website. They offer multilingual support in many languages. We found their answers pretty relevant, while support is easily reachable and responsive.
There is also a comprehensive FAQ section where you would most likely get answers to many of your questions. Additionally, you can reach Axiory via social media on Facebook, Twitter, LinkedIn, and YouTube or Instagram.
Overall, the Axiory customer service is amazing and a lot of customers are praising them for their speed and also helpfulness.
Axiory Overall Summary
We concluded this Axiory review, so you can get an insight into how a regulated offshore broker operates. While sometimes it can be hard to differentiate if something is legit or a scam, brokers that do hold some licenses are often seen as being a good investment path even if someone doesn’t have much experience.
The fact that this broker follows regulations set by IFSC, FSC may give you peace of mind that your funds are completely safe, secured, and handled properly. However keep in mind that it is much easier to get a license from an offshore regulatory body so customer reviews should give you a good insight of how reliable the broker actually is.
This quitting-edge trading environment features competitive average spreads and a cTrade platform in addition to MT4 and MT5. There is a minimum deposit of $10 which is good and often seen with regulated firms.
Always think twice before taking any risks while investing money and choose brokers that haven’t violated any terms and conditions to ensure your funds are in good hands.
FAQs About Axiory Broker
What Account Types are Offered at Axiory?
Axiory offers five account types which include Nano, Standard, Max, Tera and Alpha accounts.
Is Axiory Broker Good for Beginners?
Axiory can be considered as a good broker for beginners as they do have a lot of educational materials and low deposit amount.
What Is Axiory Minimum Deposit?
The minimum deposit for any Axiory clients, whether new or existing is $10.
Does Axiory Charge Fees?
In regards to the fees, it’s good to see that Axiory broker doesn’t charge any of them.
How Long Does it Take to Withdraw Money From Axiory?
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.