AXIORY Review 2024 Pros and Cons

BROKER REVIEWS

Axiory traders are privileged to a broad scope of trading services, including the Axiory CopyTrade App, a dedicated investment account, four industry-leading trading platforms, and 100s of CFD products.

Axiory can be summarised as a dependable and credible broker that is very competitive in terms of its trading fees with excellent online client support.

KEY TAKEAWAY
・Ability to trade shares, both CFDs and real, as well as ETFs
・A vast array of different types of accounts with favorable trading conditions
・A wide range of methods of replenishment and withdrawal of funds
・The desktop and mobile platforms MT4 and MT5, as well as cTrader,
are available for trading
・Light Live technology for lightning-fast account opening

\Open an account now!/Open an account
with AXIORY

Summary of Axiory

Axiory, established in 2011, offers global traders a savvy, friendly, and intuitive space to access the forex and CFDs market.

The main aim of Axiory 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, 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.

Is Axiory safe?

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.

Axiory is also obliged to funds segregation means client funds are strictly separated from the company ones. 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 accounts up to 20,000$.

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.

Registration Address
No.1 Corner of William Fonseca Street, Marine Parade, Belize City, Belize, C.A.
Representative Office 1008 Clover Bay, Al Abraaj Street, Business Bay, Dubai, United Arab Emirates
phone +501 224-4632(calling from Belize
+971 45896250(calling from United Arab Emirates
mail support@axiory.com

Axiory Pros and Cons

Axiory is a regulated broker with good trading technology, MetaTrader, and cTrader platform suitable for beginners and active 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.

Pros

Pros
・Ability to trade shares, both CFDs and real, as well as ETFs
・A vast array of different types of accounts with favorable trading conditions
・A wide range of methods of replenishment and withdrawal of funds
・The desktop and mobile platforms MT4 and MT5, as well as cTrader,
are available for trading
・Light Live technology for lightning-fast account opening

Cons

Cons
・Regulation in offshore jurisdictions
・There are no PAMM or MAM accounts for passive investing

Trading condition

Headquarters Belize
Regulation IFSC (Belize), FSC (Mauritius)
Platforms MT4, MT5, cTrader
Instruments Forex, CFD Indices, Stock CFDs, Energies, and Metals
EUR/USD Spread 1.2 pip
Demo Account Available
Minimum deposit $10
Base currencies Several currencies
Customer Support 24/5

Leverage

Axiory is one of those brokers that still define its range of offered leverage up to 1:777.
You can customise the size of leverage you’re comfortable using on your trading account. You can start anywhere between no leverage and 1:777.

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.

Leverage levels are also defined by the instrument you trade and vary according to their asset category and the amount traded.

・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

Spreads

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

FX

Symbol
Avg. Spread
Nano&Tera Account
Avg. Spread
Standard Account
Avg. Spread
MAX Account
EURUSD 0.00003 0.00013 0.0002
AUDCAD 0.00006 0.00018 0.00029
AUDCHF 0.00011 0.00023 0.0003
AUDSGD 0.00081 0.00101 0.00111
AUDUSD 0.00006 0.00018 0.00025
EURAUD 0.00006 0.00018 0.0003
EURCAD 0.00008 0.0002 0.00032
EURCHF 0.00009 0.00021 0.00028
EURNZD 0.00021 0.00033 0.00046
GBPAUD 0.00003 0.00015 0.000
GBPNZD 0.00025 0.00037 0.0005
GBPUSD 0.00006 0.00016 0.00023
NZDUSD 0.00008 0.0002 0.00027
USDCAD 0.00008 0.0002 0.00031
USDSGD 0.00083 0.00103 0.00113

CFD

Symbol
Avg. Spread
Nano&Tera Account
Avg. Spread
Standard Account
Avg. Spread
MAX Account
DAX 2.6 2.7 3
CAC 2.2 2.4 3.1
STOXX50 2.3 2.5 3.2
FTSE 2.1 2.3 2.9
ASX 3.2 3.6 4.6
NIKKEI 9 10 11
NSDQ 2.1 2.2 2.7
SP 0.8 0.9 1.1
DOW 4.1 5.1 7.1
HK50 6.6 6.9 7.5

Metals

Symbol
Avg. Spread
Nano&Tera Account
Avg. Spread
Standard Account
Avg. Spread
MAX Account
XAUUSD 0.1 0.29 0.36
XAGUSD 0.012 0.032 0.039
XPTUSD 1.55 1.55 1.65
XPDUSD 5.35 5.35 5.45

Energies

Symbol
Avg. Spread
Nano&Tera Account
Avg. Spread
Standard Account
Avg. Spread
MAX Account
CL 0.054 0.054 0.064
NGAS 0.014 0.014 0.031
BRENT 0.054 0.054 0.064
CL.i 0.054 0.054 0.064
BRENT.i 0.054 0.054 0.064

Trading Instruments

The markets that you can trade through Axiory platforms including popular Forex, CFD Indices, Stock CFDs, Energies, Metals, Exchange Stocks and Exchange ETFs.

It is obvious that Axiory offers the most popular and traded ones.So in case you look for Futures trading, better consider other brokers.

Account Types

There are five main account types offered by Axiory including Nano Account, Standard Account, MAX Account, TERA Account, and Alpha Account.

What is absolutely great, you can combine the use of both platforms MT4 and cTrader through one account. You can invest in the stocks 100s of global brands and buy ETFs with Axiory’s Alphaaccount. 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.

NANO STANDARD MAX TERA ALPHA
Minimum Deposit 10 USD 10 USD 10 USD 10 USD n/a
Platforms MT4, cTrader MT4, cTrader MT4, cTrader MT5 MT5
Average Spread EURUSD 0.00003 0.00013 0.0002 0.00003 n/a
Leverage Up To 1:400 1:400 1:777 1:400 1:1
Commissions 6 USD/lot 6 USD/lot from 1.5 USD/lot
Commissions of Stock CFDs 0.04 USD
per CFD
(min 6 USD)
0.04 USD
per CFD
(min 6 USD)
0.06 USD
per CFD
(min 8 USD)
0.04 USD
per CFD
(min 6 USD)
n/a
Account Currency Options EUR, USD EUR, USD EUR, USD EUR, USD EUR, USD
Negative Balance Protection n/a
Hedging Allowed
Minimum FX Trade Volume (lots) 0.01 0.01 0.01 0.01 n/a
FX Lot Size 100 000 100 000 100 000 100 000 n/a
Maximum Open/Pending  Unlimited Unlimited Unlimited Unlimited Unlimited
Islamic Account ✔ 

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 standard for any traders including auto trading, copy trading and robot traders, while cTrader is known for its progressive capabilities and great functions.

MetaTrader4
MetaTrader5
cTrader
Accounts:Nano, Standard, Max Accounts:Tera, Alpha Accounts:Nano, Standard, Max
80+ Indicators and tools 38+ Indicators 50 Indicators
✔  Custom indicators ✔  Custom indicators ✔  Custom indicators
✔  EA trading ✔  EA trading ✔  EA trading
✔  Autochartist MT4 Plugin ✔  Autochartist MT5 Plugin ✔  Autochartist Plugin
✖  Detachable charts ✔  Detachable charts ✔  Detachable charts
24 Charting tools 31 Charting tools  21 Charting tools
✔  one-click-trading ✔  one-click-trading ✔  one-click-trading
4 Pending order types 6 Pending order types 6 Pending order types
✔  Trailing Stop ✔  Trailing Stop ✔  Trailing Stop
9 Chart time frames 21 Chart time frames 26 Chart time frames
✖  DoM (Depth of Market) ✔  DoM (Depth of Market) ✔. DoM (Depth of Market)

Web Platform

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.

Desktop platform

MT4, MT5 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

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.

Fees

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.

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.

Deposit

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

Axiory minimum deposit is 10$.
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.

Deposit Methods Account Currency
Deposit Fee Processing Time
VISA USD, EUR 0 Instant
BANK TRANSFER USD, EUR 0 3-10 business days
STICPAY USD, EUR Payment fees may be charged by the payment method provider. Instant
NETELLER USD, EUR Payment fees may be charged by the payment method provider. Instant
Skrill USD, EUR Payment fees may be charged by the payment method provider.  Instant
PayRedeem USD, EUR Payment fees may be charged by the payment method provider. Instant
ThunderX Pay USD Payment fees may be charged by the payment method provider. Up to 15 minutes after confirmation

Withdrawals

Find the most convenient funding methods to get started.

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.

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.

Withdrawal Method
Account Currency
Withdrawal Fee
Processing Time
VISA USD, EUR 0 3-10 business days
BANK TRANSFER USD, EUR Fees will be taken on by the client. 3-10 business days
STICPAY USD, EUR 0 Instant
NETELLER USD, EUR Fees might be charged.   Instant
Skrill USD, EUR Fees might be charged.   Instant
PayRedeem USD, EUR 0 Instant
ThunderX Pay USD Payment fees may be charged by the payment method provider. 1 business day

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

\Open an account now!/Open an account
with AXIORY

Customer Support

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 Singapore, UAE, Chile and through its Belize office as well.

We found their answers pretty relevant, while support is easy reachable and responsive.

FAQ

Is Axiory a regulated broker?

Yes, Axiory Global is regulated by the Financial Services Commission of Belize (FSC), under License No. 000122/163.

Do you have slippage?

Axiory aims to provide clients with the best platform bridging pricing available and to get all orders filled at the requested rate. However, there are times when, due to an increase in volatility or volume, orders may be subject to slippage. This most commonly occurs during fundamental news events.

Can I change my account type?

It’s not possible to change the account type of an already existing account. If you require a different account type, please log in to the myAxiory Client zone and open an additional trading account.

What is the minimum deposit amount?

The minimum deposit is 10 USD. If you’re using a Bank Wire Transfer from any country except Nigeria, the minimum deposit is 100 USD. The minimum deposit using Bank Wire Transfer from Nigeria is 10 USD

What is the minimum withdrawal amount?

The minimum withdrawal amount at Axiory is 10 USD with the exception of Wire/Bank Transfers where the minimum withdrawal amount is 100 USD.

Conclusion

On the bottom lime, Axiory Review is a sustainable, long and time-verified history of operation broker with numerous clients they serve.

Trading performance via technical solution and professional platforms MT4  and cTrader are good quality, beginning traders will find 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.

\Open an account now!/Open an account
with AXIORY

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