Axiory
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| Leverage | 1:400 |
| Minimum Deposit | $50 |
| Regulation | IFSC, CySEC |
| Year Established | 2011 |
| Payment Methods | Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Sticpay, VLoad, Bitcoin |
| Trading Assets | Forex, Indices, Stocks, Commodities, ETFs |
| MT4 | ✅ |
| MT5 | ✅ |
| Spreads | Very low |
| Average cost: EUR/USD | 0.3 pips |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| CopyTrading | ✅ |
| ZuluTrade | ❌ |
| Scalping | Yes |
| Signals | ✅ |
| EAs/Robots | Available |
| Negative Balance Protection | Yes |
| Deposit Fee | ❌ |
| Withdrawal Fee | ❌ |
| Contact Information | Email: [email protected], Phone: +357 25 030 530 |
| Address | Office 3, 1st Floor, Sound & Vision House, Francis Rachel Street, Victoria, Mahe, Seychelles | Rating | ★★★★☆ 4.6 |
| Website |
Pros and Cons
- Competitive spreads
- Excellent customer support
- Multiple account types
- Advanced trading platforms
- Strong regulation
- Limited asset variety
- No ZuluTrade integration
- Withdrawal fees for certain methods
- High minimum deposit for some account types
- Geographic restrictions
Introduction
Axiory is a globally recognized online brokerage firm that has significantly impacted the financial industry.
Established in 2011, it has consistently provided traders with a reliable and efficient platform to engage in various financial markets.
This review will delve into multiple aspects of the company, from its regulatory status and trading platforms to its customer service and educational resources.
This comprehensive analysis aims to provide a detailed overview for traders with low to intermediate experience in comparing broker reviews.
Create a Free AccountRegulatory Status and Security
Regulation
One of the most critical factors in choosing a broker is its regulatory status.
The company is regulated by the International Financial Services Commission (IFSC) of Belize and the Cyprus Securities and Exchange Commission (CySEC).
These regulatory bodies ensure that the company adheres to strict standards of financial security, transparency, and fairness in trading.
- IFSC: The International Financial Services Commission of Belize regulates it, ensuring it follows stringent financial standards. The IFSC aims to protect traders and investors by enforcing regulatory frameworks that promote transparency and ethical practices.
- CySEC: The Cyprus Securities and Exchange Commission also regulates the firm, providing an additional layer of security and credibility. CySEC is known for its robust regulatory measures, which include stringent capital adequacy requirements, regular audits, and investor compensation schemes.
Security Measures
The broker places a high emphasis on the security of its clients’ funds and personal information.
Several security measures are employed to protect clients, including:
- Segregated Accounts: Client funds are held in segregated accounts, separate from its operational funds. This segregation ensures that client funds are not used for any other purposes and are always available for withdrawal.
- Negative Balance Protection: This feature ensures that clients cannot lose more than their initial investment, protecting them from incurring negative balances during volatile market conditions.
- SSL Encryption: Secure Socket Layer (SSL) encryption is used to protect clients’ personal and financial information from unauthorized access.
Trading Platforms
Axiory offers a range of trading platforms to cater to the diverse needs of its clients.
These platforms are designed to provide a seamless trading experience, equipped with advanced tools and features to enhance trading efficiency.
MetaTrader 4 (MT4)
MetaTrader 4 is one of the most popular trading platforms in the industry, known for its user-friendly interface and advanced trading tools.
The broker offers MT4, which includes:
- Advanced Charting Tools: MT4 provides an extensive range of charting tools and indicators, enabling traders to perform detailed technical analysis.
- Automated Trading: Traders can use Expert Advisors (EA) to automate their trading strategies. MT4 supports the development and implementation of EA, allowing for automated trading based on predefined criteria.
- Flexible Order Types: The platform supports multiple order types, including market orders, limit orders, and stop orders, allowing traders the flexibility to execute their trading strategies effectively.
MetaTrader 5 (MT5)
MetaTrader 5 is an upgraded version of MT4, offering additional features and enhanced performance.
Axiory provides access to MT5, which includes:
- Advanced Analytical Tools: MT5 offers more analytical tools and timeframes compared to MT4, providing traders with more options for technical analysis.
- Economic Calendar: The built-in economic calendar allows traders to stay updated with important economic events and news, helping them make informed trading decisions.
- Improved Execution Speed: MT5 offers faster execution speeds, ensuring that trades are executed promptly, which is crucial in fast-moving markets.
cTrader
The broker also offers cTrader, a platform known for its intuitive interface and advanced trading capabilities.
Features of cTrader include:
- Customizable Interface: Traders can customize the cTrader interface to suit their preferences, making it easier to navigate and use.
- Advanced Charting: cTrader provides advanced charting tools and indicators, enabling traders to perform comprehensive technical analysis.
- Automated Trading: The platform supports automated trading through cAlgo, allowing traders to develop and implement their automated trading strategies.
Account Types
Axiory offers various account types to cater to the different needs and preferences of traders.
Each account type has its unique features and benefits, allowing traders to choose the one that best suits their trading style and objectives.
| Account Type | Minimum Deposit | Leverage | Spreads | Commission | Key Features |
|---|---|---|---|---|---|
| Nano | $50 | Up to 1:400 | From 0.2 pips | $10 per lot | Suitable for beginners, low minimum deposit |
| Standard | $100 | Up to 1:400 | From 1.2 pips | None | Ideal for intermediate traders, no commission |
| MAX | $200 | Up to 1:500 | From 1.0 pips | None | Higher leverage, suitable for experienced traders |
| Tera | $1,000 | Up to 1:400 | From 0.2 pips | $6 per lot | Designed for professional traders, very low spreads |
| Alpha | $10,000 | Up to 1:20 | From 0.0 pips | Varies | For stock and ETF trading, high minimum deposit |
Nano Account
The Nano Account is ideal for beginners and those who want to trade with smaller amounts.
Features include:
- Minimum Deposit: $50
- Leverage: Up to 1:400
- Spreads: From 0.2 pips
- Commission: $10 per lot
Standard Account
The Standard Account is suitable for intermediate traders who require more features and flexibility.
Features include:
- Minimum Deposit: $100
- Leverage: Up to 1:400
- Spreads: From 1.2 pips
- Commission: None
MAX Account
The MAX Account is designed for advanced traders who require higher leverage and lower spreads.
Features include:
- Minimum Deposit: $200
- Leverage: Up to 1:500
- Spreads: From 1.0 pips
- Commission: None
Tera Account
The Tera Account is tailored for professional traders who require the best trading conditions.
Features include:
- Minimum Deposit: $1,000
- Leverage: Up to 1:400
- Spreads: From 0.2 pips
- Commission: $6 per lot
Alpha Account
The Alpha Account is for traders who want to invest in stocks and ETFs.
Features include:
- Minimum Deposit: $10,000
- Leverage: Up to 1:20
- Spreads: From 0.0 pips
- Commission: Varies
Trading Instruments
Axiory offers a wide range of trading instruments across various asset classes, providing traders with ample opportunities to diversify their portfolios.
Forex
Forex trading is one of their main offerings and traders can access over 70 currency pairs, including major, minor, and exotic pairs.
The broker provides competitive spreads and high leverage, making it an attractive option for forex traders.
Indices
The broker offers trading on major global indices, allowing traders to speculate on the performance of the world’s largest stock markets.
Some indices available include:
- S&P 500
- Dow Jones Industrial Average
- NASDAQ
- FTSE 100
- DAX 30
Stocks
The firm provides access to a wide range of global stocks, enabling traders to invest in some of the world’s leading companies.
The broker offers stocks from various sectors, including technology, finance, healthcare, and more.
Commodities
Traders can also trade commodities with the broker, including precious metals, energy products, and agricultural commodities.
Some popular commodities available for trading include:
- Gold
- Silver
- Crude Oil
- Natural Gas
- Coffee
- Wheat
ETFs
It also offers trading on Exchange-Traded Funds (ETFs), providing traders with exposure to a diversified portfolio of assets.
ETFs are an excellent way to gain exposure to various markets and sectors without having to invest in individual assets.
Fees and Commissions
Understanding the fee structure of a broker is crucial for traders to manage their trading costs effectively.
The broker has a transparent fee structure, and this section will break down the different fees and commissions associated with trading on their platform.
Spreads
Axiory offers competitive spreads across its various account types.
The spreads vary depending on the account type and the trading instrument. For example:
| Account Type | Minimum Spread EUR/USD | Typical Spread EUR/USD |
|---|---|---|
| Nano | 0.2 pips | 0.7 pips |
| Standard | 1.2 pips | 1.4 pips |
| MAX | 1.0 pips | 1.2 pips |
| Tera | 0.2 pips | 0.5 pips |
| Alpha | 0.0 pips | 0.1 pips |
Commissions
The commission structure depends on the account type and the trading instrument.
Here is a breakdown of the commissions:
| Account Type | Commission Per Lot |
|---|---|
| Nano | $10 per lot |
| Standard | None |
| MAX | None |
| Tera | $6 per lot |
| Alpha | Varies |
Swap Fees
Axiory charges swap fees for holding positions overnight.
The swap fees vary depending on the trading instrument and the duration for which the position is held.
Traders can find detailed information about swap fees on their website or trading platform.
Deposit and Withdrawal Fees
The broker does not charge any fees for deposits.
However, there may be fees associated with certain withdrawal methods.
It is essential for traders to review the withdrawal fee structure on the website before initiating a withdrawal.
Trading Tools and Resources
The broker provides a range of trading tools and resources to help traders make informed decisions and enhance their trading experience.
These tools and resources include:
Economic Calendar
The company offers an economic calendar that provides information about important economic events and news.
Traders can use this calendar to stay updated with market-moving events and plan their trading strategies accordingly.
Market Analysis
The broker provides regular market analysis and research reports, covering various asset classes and markets.
These reports offer insights into market trends, technical analysis, and fundamental analysis, helping traders make informed trading decisions.
Trading Calculators
Axiory offers several trading calculators, including a margin calculator, pip calculator, and profit calculator.
These calculators help traders determine their trading costs, potential profits, and required margins, making it easier to manage their trades effectively.
VPS Hosting
For traders who use automated trading strategies, the broker offers Virtual Private Server (VPS) hosting.
VPS hosting ensures that trading platforms run smoothly without interruptions, providing a stable and secure environment for automated trading.
Educational Resources
This broker provides a wealth of educational resources to help traders improve their knowledge and skills.
These resources include:
- Webinars: Regularly hosted webinars covering various trading topics, including technical analysis, fundamental analysis, risk management, and trading strategies.
- Video Tutorials: It also offers video tutorials that cover the basics of trading, platform tutorials, and advanced trading techniques.
- E-books: A range of e-books that cover different aspects of trading, from beginner guides to advanced trading strategies.
- Articles and Blogs: Their website feature articles and blog posts that provide insights into market trends, trading tips, and industry news.
Customer Support
The company is known for its excellent customer support, which is available 24/5 to assist traders with any issues or queries they may have.
The broker offers multiple channels for customer support, including:
Live Chat
The firm provides live chat support on its website, allowing traders to get instant assistance from customer support representatives.
The live chat feature is available during trading hours and is an efficient way to resolve any issues quickly.
Email Support
Traders can also contact the customer support team via email, and they aim to respond to all email queries within 24 hours.
The email support is suitable for non-urgent queries and issues that require detailed explanations.
Phone Support
They offer phone support for traders who prefer to speak directly with a customer support representative.
The firm provides phone numbers for various regions, ensuring that traders can get assistance in their preferred language.
Help Center
The website features a comprehensive help center that provides answers to frequently asked questions and detailed guides on various topics.
Traders can find information about account management, trading platforms, deposits and withdrawals, and more in the help center.
Deposit and Withdrawal Methods
Axiory offers a wide array of deposit and withdrawal methods to ensure that traders can manage their funds conveniently.
The broker does not charge any fees for deposits, and the withdrawal fees depend on the method chosen.
Deposit Methods
They support several deposit methods, including:
| Deposit Method | Processing Time | Fees |
|---|---|---|
| Bank Transfer | 1-3 business days | None |
| Credit/Debit Cards | Instant | None |
| Neteller | Instant | None |
| Skrill | Instant | None |
| Sticpay | Instant | None |
| VLoad | Instant | None |
| Bitcoin | Varies | None |
Withdrawal Methods
It also offers several withdrawal methods, including:
| Withdrawal Method | Processing Time | Fees |
|---|---|---|
| Bank Transfer | 1-3 business days | Varies |
| Credit/Debit Cards | 1-3 business days | Varies |
| Neteller | Instant | Varies |
| Skrill | Instant | Varies |
| Sticpay | Instant | Varies |
| Bitcoin | Varies | Varies |
Trading Conditions and Execution
The broker is known for providing favorable trading conditions and efficient trade execution.
Their trading conditions include:
Leverage
Axiory offers leverage up to 1:500, depending on the account type and the trading instrument.
Leverage allows traders to control larger positions with a smaller amount of capital, enhancing their potential for profits.
However, it is essential to use leverage cautiously, as it also increases the risk of losses.
Spreads
The broker provides competitive spreads across its various account types.
The firm offers both fixed and variable spreads, allowing traders the flexibility to select the type that best suits their trading strategy.
The spreads vary depending on the trading instrument and market conditions.
Execution Speed
Axiory is known for its fast execution speeds, ensuring that trades are executed promptly.
The company uses advanced technology and infrastructure to provide low-latency trading, which is crucial for traders who rely on quick execution to capitalize on market opportunities.
Order Types
They support multiple order types, including market orders, limit orders, stop orders, and trailing stops.
These order types allow traders the flexibility to implement their trading strategies effectively and manage their risk.
Trading Hours
Axiory provides access to global markets 24/5, allowing traders to trade during different market sessions.
Their trading hours cover major financial centers, including New York, London, Tokyo, and Sydney, ensuring that traders can take advantage of market opportunities around the clock.
Educational and Research Resources
The broker is committed to providing its clients with educational and research resources to enhance their trading knowledge and skills.
Their educational and research resources include:
Webinars
Axiory regularly hosts webinars covering various trading topics, including technical analysis, fundamental analysis, risk management, and trading strategies.
These webinars are conducted by experienced traders and industry experts, providing valuable insights and practical knowledge.
Video Tutorials
The broker offers video tutorials that cover the basics of trading, platform tutorials, and advanced trading techniques.
These tutorials are designed to help traders understand the key concepts of trading and navigate the trading platforms effectively.
E-books
The broker provides a range of e-books that cover different aspects of trading, from beginner guides to advanced trading strategies.
These e-books are available for free on the website and are a valuable resource for traders looking to enhance their knowledge.
Articles and Blogs
The broker’s website features articles and blog posts that provide insights into market trends, trading tips, and industry news.
These articles are written by experienced traders and industry experts, offering valuable information to help traders make informed decisions.
Market Analysis
Axiory provides regular market analysis and research reports, covering various asset classes and markets.
These reports offer insights into market trends, technical analysis, and fundamental analysis, helping traders make informed trading decisions.
Economic Calendar
The broker offers an economic calendar that provides information about important economic events and news.
Traders can use this calendar to stay updated with market-moving events and plan their trading strategies accordingly.
Conclusion
Axiory is a reputable and reliable broker that offers a comprehensive range of services to cater to the diverse needs of traders.
With its strong regulatory status, advanced trading platforms, competitive trading conditions, and excellent customer support, it stands out as a preferred choice for both beginners and experienced traders.
Their commitment to providing educational resources and research tools further enhances its appeal, making it a well-rounded option for anyone looking to engage in online trading.
By offering various account types, the broker ensures that traders can find an account that suits their trading style and objectives.
The broker’s transparent fee structure and competitive spreads make it an attractive option for cost-conscious traders.
Additionally, Axiory’s focus on security and regulatory compliance provides traders with peace of mind, knowing that their funds and personal information are protected.
Overall, its dedication to providing a high-quality trading experience, combined with its extensive range of trading instruments and educational resources, makes it a top choice for traders seeking a reliable and efficient brokerage firm.
Whether you are a novice trader looking to learn the ropes or an experienced trader seeking advanced trading tools, Axiory has something to offer.
The review demonstrates its strengths in offering a robust trading environment backed by solid regulatory oversight, innovative platforms, and comprehensive customer support.
These qualities make it an attractive option for a broad spectrum of traders.
Visit official website: www.axiory.comFAQ
What is the minimum deposit?
The minimum deposit is $50.
Is Axiory regulated?
Yes, the company is regulated by the IFSC and CySEC.
What trading platforms does it offer?
Axiory offers both MT4 and MT5 trading platforms.
Does Axiory provide a demo account?
Yes, it offers a demo account for practice trading.
Are there any withdrawal fees?
Axiory does not charge withdrawal fees, but some payment methods may have their own fees.
What payment methods are accepted?
This broker accepts Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Sticpay, VLoad, and Bitcoin.
Does Axiory offer negative balance protection?
Yes, it provides negative balance protection to its clients.
Resources
User Reviews
Article written, edited and reviewed by
Adam Rosen
Adam Rosen is a seasoned senior marketer whose expertise extends far beyond the norm. Drawing from decades of experience in the industry, Adam plays an integral role in our team, infusing his insights into every project we tackle. But that's not all – Adam has a unique knack for breaking down complex broker information and crafting insightful reviews for our website, Brokfolio. His dedication to providing readers with valuable insights and guidance makes him an invaluable asset to our team. Beyond his professional pursuits, Adam is fueled by an unwavering passion for technology and fintech. He thrives on pushing boundaries and exploring new horizons in these dynamic domains. Curious to learn more about the mind behind the words? Dive into Adam Rosen's profile to discover a wealth of expertise, innovation, and a relentless drive for excellence.
Andrew Blumer
Andrew Blumer is a finance pro who's got money matters down to a science.
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Andrew's been causing ripples in the fintech world for a while now. In fact, he's the mastermind behind Brokfolio, a platform that's all about making trading on financial markets crystal clear and super accessible.
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Last updated: September 5, 2024
