Overall, Axiory is a trustworthy Forex Broker best known for its economical spreads that start as low as 0.13 pips.  Axiory offers access to cutting-edge trading platforms and has a trust score of 94 out of 99.  

Axiory Review – Analysis of Brokers’ Main Features

1. ☑️ Overview
2. ☑️ Detailed Summary
3. ☑️ Safety and Security
4. ☑️ Account Types
5. ☑️ How To Open an Account
6. ☑️ Trading Platforms and Software
7. ☑️ Fees, Spreads, and, Commissions
8. ☑️ Which Markets Can You Trade?
9. ☑️ Leverage and Margin
10. ☑️ Deposit and Withdrawal
11. ☑️ Educational Resources
12. ☑️ Pros and Cons
13. ☑️ Conclusion
14. ☑️ Frequently Asked Questions

 

Overview

A prominent characteristic of Axiory is its economical spreads that start as low as 0.13 pips and its minimal commission costs. Furthermore, Axiory’s commitment to advancing technology is demonstrated through the provision of cutting-edge trading platforms.  These platforms are easy to use and offer a wide range of trading tools and resources to enhance your trading journey.  Integrating an unrestricted demo account into the platform is an intelligent attribute for novice traders and professionals alike. Axiory’s market execution and high-leverage options offer ratios of up to 1:1000 and may be preferred by seasoned investors.  

Detailed Summary

 

When were they founded?

Axiory was launched in 2011 and has since established itself as a prominent FX and CFD trading broker.  

Is this Broker suitable for beginner traders?

Axiory caters to traders of all skill levels, including novice traders and professionals.  

Safety and Security

Axiory employs robust security protocols to safeguard its clients’ funds and confidential data. This includes the isolation of client capital and a detailed privacy policy. Moreover, Axiory’s commitment to compliance and ethical business practices exemplifies its strict adherence to regulatory standards by prestigious governing bodies like the IFSC, FCA, and FSC. Negative balance protection is the final component of Axiory’s security approach and it safeguards against unfavorable market conditions by preventing customers from losing more than they have deposited.  

Account Types

 

Nano Account

If you are a novice trader or prefer smaller position sizes, Axiory’s Nano Account is just right for you. This account type allows trading in micro-lots with only a $10 minimum investment, thus enabling more control over your risk management strategy. The major Forex pairings average spread on this platform is 0.3 pips and maximum leverage of up to 1:400 while charging nominal cost per lot at $6 and options between MetaTrader4 and cTrader toolsets.

Standard Account

Axiory’s Standard Account is designed to cater to a wide range of traders by offering an optimal balance between features and accessibility. It boasts affordable entry levels, starting at $10, and provides narrow spreads on forex from 0.13 pips without any commissions. Additionally, The account also offers maximum leverage up to 1:400 and hedging options, thereby providing flexibility in trading on MetaTrader4 and cTrader platforms.  

Max Account

The Max Account, designed for experienced traders, provides high leverage of up to 1:777, allowing seasoned investors to increase their trading capability. The account requires a $10 deposit and has spreads as low as 0.2 pips. While it provides commission-free trading, stock CFDs incur a $0.06 per CFD fee, with a minimum charge of $8.  Available on MetaTrader 4 and cTrader, this account offers a complex trading environment with limitless open and pending positions suited to ambitious methods used by skilled traders.

Tera Account

For traders seeking a robust trading experience with comprehensive analytical tools, the Tera Account offers exclusive access to the powerful MetaTrader 5 platform and is an excellent premium option. This account requires a minimum deposit of $10, boasts an average Forex spread of just 0.3 pips, and provides leverage of up to 1:400. Traders using this account will be charged a fixed transaction fee of $6 for each lot traded on both transactions as well as stock CFDs trades made through it.

Alpha Account

A tailored option for those seeking to trade equities and shares, Axiory’s Alpha Account grants direct access to global marketplaces. It requires no minimum deposit and extends leverage up to 1:1 – appealing primarily to stock investors. Utilizing the MetaTrader5 platform, this account provides a broad range of analytical tools that enhance trading proficiency; however, forex trades incur an additional $1.5 per lot fee instead of a spread chargeable model.

Demo Account

Axiory’s Demo Account replicates the trading experience, making it an ideal option for beginners and those seeking to enhance their skills without risk. The account offers a virtual balance of $10,000 that can be utilized for practicing deals. Users have access to all Axiory platforms and technical and fundamental analytics tools. Traders may use this trial account unlimitedly to get accustomed to the market trends before opening a genuine account at Axiory’s trading platform.

Islamic Account

Muslim traders can avail of Axiory’s Sharia-compliant Islamic Account. By converting their Nano, Standard, Max, or Tera Account to an Islamic one, the swap fees are waived in exchange for a fixed commission according to principles adopted by Islamic finance. The spreads and leverage remain unaltered, corresponding with their original account type, which upholds trading conditions that meet Muslim traders’ needs without compromise.  

How To Open an Account

• To register an account with Axiory, follow these steps:
• Choose either a Live trading account or a demo account option and click on ‘Open Account‘.
• Fill out the registration form with your personal information.
• Submit identification papers to confirm your identity and address.
• When your account is authorized, you will be given information on how to deposit money.
• Select your desired deposit method from the available alternatives.
• Download and install the trading platform you choose during account setup.
• Log into your preferred trading platform using the credentials supplied by Axiory.
• Make sure you are logging onto the right server for your account type.
• Customize your trading platform based on your preferences.

 

Trading Platforms and Software

MetaTrader 4

MetaTrader 4 is a popular choice among retail forex trading platforms. Axiory offers MT4 as a gateway to multiple markets with an array of analytic tools that cover various time frames. By utilizing its proprietary scripting language, MQL4, it incentivizes algorithmic trading and empowers traders to generate custom indicators and automated trading tactics. Trading is simplified through the platform’s user-friendly design, while trade operations are kept secure with encrypted communication. MT4’s appeal persists because it seamlessly combines complex features with accessibility that caters to traders at every level.

MetaTrader 5

MT5, a successor to MT4, offers Axiory traders an upgraded trading experience with expanded options. It goes beyond forex and now includes CFDs, stocks, and futures – providing diversity in the trading environment. With improved analytical tools that include more indicators and graphical elements and its integrated economic calendar, MT5 is renowned for these features. The powerful MQL5 EA & robot-trading feature of MT5 expands possibilities for automated methods – setting high standards of modern-day platforms expected by traders.

cTrader

Axiory’s cTrader is known for its sleek user interface, and exceptional order execution functions, setting it apart from other platforms. It caters primarily to traders looking for modern aesthetics and advanced features such as level II pricing options and comprehensive market-depth information. Its speedy processing of transactions, coupled with transparency, makes it a preferred option among day traders and scalpers alike.

CopyTrade

Axiory CopyTrade is a unique platform created for traders looking to benefit from the experience of seasoned pros. It enables users to duplicate successful traders’ techniques by automatically replicating their positions in real time. This service benefits newbies to the trading scene or those wishing to vary their trading techniques without devoting the time necessary for ongoing market study.  

Fees, Spreads, and, Commissions

Spreads

Competitive pricing is evident in Axiory’s variable spreads, starting at 0.3 pips for Nano Accounts and 0.13 for Standard accounts.  

Commissions

The broker adopts a straightforward approach towards trading charges, with clear fees of $6 per lot for Nano and Tera Accounts that cover the platform’s transaction execution service.  

Currency Conversion Fees

When a trader deposits or withdraws funds in another currency besides their trading account’s base currency, Axiory Currency Conversion Fees may come into effect.

Which Markets Can You Trade?

Axiory offers the following trading instruments and products:

• 62 currency pairs and 4 precious metals
• 5 energy instruments and 10 indices
• 78 stock CFDs and 78 exchange equities

The platform provides 68 exchange-traded funds (ETFs).  

Leverage and Margin

Axiory has developed a leverage structure that aligns with traders’ account equity levels. Additionally, The MAX Account permits leveraging up to 1:1000 for equities ranging from 0 to 3,500 USD/EUR. Furthermore, Axiory offers a variable leverage system that decreases as account equity grows, protecting traders against heightened risks. The permitted leverage for accounts ranging from 3,501 to 100,000 USD/EUR is 1:400.  

Deposit and Withdrawal

Here is an overview of how to deposit to Axiory via the most popular Deposit Options:  

Bank Wire

• Select the ‘Deposit’ area on the dashboard and choose ‘Bank Transfer’ as your deposit method.
• Secondly, Axiory will supply their banking information.
• Use the given banking information to conduct a wire transfer from your bank account.
• After making the transfer, provide Axiory with the transaction reference number.
• Finally, funds will appear in your trading account after Axiory receives and processes the bank wire.

 

Credit or Debit Card

 

• Sign in to your Axiory trading account via the client site and choose Deposit Funds.
• Secondly, select a credit or debit card and enter your card details and deposit amount.
• Next, review all of the facts and confirm the transaction.
• Once verified, the cash will be deposited into your trading account.

Here is an overview of how to make a Withdrawal from Axiory via the most popular Withdrawal Options:  

Bank Wire

• Sign in to the Axiory client portal on their website and Go to the ‘Withdraw‘ area.
• Next, Choose ‘Bank Transfer‘ as your withdrawal method and fill out the withdrawal form.
• Check the details for correctness and submit the withdrawal request.
• You will get a confirmation email or message confirming the purchase.
• However – Processing times for bank wire withdrawals will vary and can take several working days.

 

Credit or Debit Card

• Log in to the Axiory client portal and choose ‘Withdraw’ from the account section.
• Secondly, Select the credit or debit card withdrawal method and enter the withdrawal amount.
• Next, Confirm the withdrawal information and submit your request.
• Finally, Axiory will handle your withdrawal, and you will get a confirmation.

 

Pros and Cons

 

Conclusion

Axiory is a well-known forex and CFD broker in today’s extremely competitive industry. Furthermore, it differentiated itself via its extensive trading tools, instructional materials, and unwavering dedication to client safety.