Axiory Review

Country : Belize

Max. Leverage : 1:777

Demo account :

Foundation : 2011

Min. Deposit : 10 USD

US Clients :

Axiory, established in 2011, offers global traders a savvy, friendly, and intuitive space to access the forex and CFDs market. By putting clients’ needs first and localizing services to best serve traders, Axiory grew into an industry leader that’s trusted by both beginners and seasoned traders from across the globe. Axiory’s trading conditions are optimized to increase success potential; from low spreads to flexible leverage, negative balance protection, full transparency, and lots more!
Broker Regulation Summary
Regulation Name Of Regulation Country What is
IFSC International Financial Services Commission Belize Forex brokers in Belize are regulated by the International Financial Services Commission (IFSC), an independent self-regulatory agency under the Ministry of Belize Securities and International Financial Services Commission Act.
Max. Leverage 1:777
Min. Deposit 10 USD

Axiory Advandage and Disadvandage

Advandage
  • Regulated by the IFSC, Belize.
  • The trading platform available is the popular  MT4, MT5, and the powerful cTrader.
  • The Autochartist is provided to help traders with technical analysis.
  • Updated market news, expert analysis, and trading.
  • Multiple payment options.
  • The minimum deposit is $50, and the maximum leverage is 1:777.
  • Axiory trading academy is available on the website and on the Axiory intelligence portal.
Disadvandage
  • No other regulation apart from the IFSC.
  • The asset index is limited; no cryptocurrencies, ETFs, etc.
  • Account currencies are limited to only EUR and USD
  • No service to clients from the USA, EU countries, and many other countries.

Axiory, an online forex and CFD broker, was established in 2011 to provide its clients the best trading conditions. This broker allows you to trade multiple instruments through its platforms. Axiory is a brand owned by Axiory Group of Companies; its trading arm, ‘AxioryGlobal Ltd’, is located in Belize City.

Broker boasts cutting-edge technology, including trading servers at Equinix UK4 and Equinix Tokyo TY3 data centers. This allows for quick trade executions and low spreads. Axiory offers modern trading platforms, trading education and market news. Axiory offers unique risk management tools and smart registration systems that allow traders to open a live trading account in under 10 minutes.

Axiory has top-notch liquidity partners, tech-savvy connections and guarantees no third-party interference, the best market prices and minimal slippage. Axiory’s greatest asset is their ability to ensure that traders are supported by a highly skilled, international, highly-professional, and friendly team.

Regulation and Axiory Security

The International Financial Services Commission (IFSC), Belize license number 000123/163, has authorized and regulated Axiory. Axiory is also a member the Financial Commission, which resolves conflicts between brokers and clients. The company can also offer traders compensation up to EUR20,000, which includes fast, professional and impartial conflict resolutions.

All client funds are kept in separate accounts by Axiory, which are not used for internal purposes. It is used only to fund trade positions of clients and can’t be used by the broker if it becomes financially difficult.

Axiory claims that its financial records have been audited annually by a top-respected company, which is one of the largest accounting firms in the country. This audit is performed by the internationally recognized for its auditing services.

All client accounts automatically have negative balance protection. When the balance falls to zero, losing positions are automatically closed. This prevents a negative balance. The company is Compensation/investor protection fund under Financial Commission membership.

Trade instruments

Clients of Axiory can speculate on these markets using 350+ trading instruments

  • 62 Forex pairs
  • Stocks: 78
  • 10 CFD indices
  • 78 CFD Stock
  • 69 ETF
  • 5 Energies
  • 4 Metals

Account opening

Click on “Open account” or on “Experience trading on Axiory” to create a new account. Fill out the form. The option to open a demo or live account is presented. Click on the ‘open account’ button and choose your trading platform, leverage, account type, currency, and click on the ‘Start trading’ button.

Fill in your personal information and investment questionnaire. This includes your source of income, your employment status, and your verification documents. After completing the form, you will be able to log into MyAxiory, which is the private area for registered clients. After verifying the information and documents provided, the back office support specialists will approve the account.

You can access My Axiory to create additional accounts, make deposits, and monitor your accounts. The entire process of creating an account is quick and easy.

Axiory does NOT provide services to residents of Japan or the USA, Canada or European Union countries.

Withdrawals and deposits at Axiory

Both deposits and withdrawals are free of charge at Axiory. These payment options are available to you:

Credit/Debit card: Deposits are processed immediately, however withdrawals can take up to 3-10 business days.

Wire transfers: Deposits and withdrawals made using this option can take between 3-10 business days. You can receive funds in USD or EUR.

E-Wallets: Skrill, SticPay and Neteller are all accepted. While withdrawals and deposits are processed immediately, they may take a few hours to complete.

VLoad: VLoad can be used to make withdrawals and deposits.

ThunderXPay: This payment gateway processes deposits in 15 minutes, and withdraws up to one business day.

Account types and fees

Axiory only supports USD and EUR account currencies. Below is a list of available account types: MT4, MT5, cTrader platforms. These account types are available to you:

Nano account

This account is for clients who prefer to receive commissions on every trade. Spread for the benchmark EURUSD is 0.02 pips. Maximum leverage is 1:1400. Minimum account deposit is $100. Forex trades incur a $6 commission. Stock CFDs incur $0.04/CFD, with a minimum $6.

Standard account

Forex trades will be charged at the spread. EURUSD is 1.2 pip. Stock CFDs are subject to a commission of $0.04/CFD, with a minimum $6. Maximum leverage is 1:1400 and minimum account balance is $100.

Max account

Minimum deposit $50 and maximum leverage 1:777. Stock CFDs are subject to a $0.06/CFD commission with a minimum $8. Spread charges are applicable to forex trades. The minimum spread for EURUSD is 1.8 pip.


  • Tera account type available only on MT5

  • Alpha account type allows you to invest in exchange products on the MT5 platform

Islamic account

It is available for all 3 account types. This account is specifically designed for Muslims and allows you to swap. First, open one of the three account types to create an Islamic account. Then contact the support team. A fixed commission is charged by Axiory depending on the trading instrument for open positions that are kept open overnight. The price range is between $3 and $8 per lot.

Demo account

This unlimited practice account comes preloaded with 10,000 virtual funds. It can be used for both the MT4,MT5, and cTrader platforms. Demo accounts allow traders to experience the trading environment. Demo accounts are great for learning about a platform and testing new strategies. The Axiory demo account can be opened for unlimited time and will not expire. Clients have the option to open multiple demo accounts or make additional virtual deposits by logging into MyAxiory.

Trading platforms

There are two trading platforms available:

MT4 & MT5

This platform is widely used by forex traders. It was created by MetaQuotes Software Corp. from Cyprus. It includes sophisticated tools for technical analysis and charting. It supports automated strategies through expert advisors (EAs). Plugin apps that are built using MQL4 programming code can extend the platform’s capabilities. The platform allows traders to buy trading signals, indicators, trading tools, and EAs.

The following Axiory MT4 or MT5 versions are available:

  • WebTrader runs on web browsers
  • Windows Desktop version: This version is the flagship.
  • MT4 and MT5 are available for MAC
  • MT4 mobile is available for iOS and Android

cTrader

The platform is modern and driven by speed, technology, and sophistication. It is easy to use, has complex charting options and analytical tools. You will find many trading tools and inbuilt indicators. There are also lots of other features. CTrader charting comes with over 70 technical indicators and up to 50 templates. CTrader automate allows traders to create their own trading bots and automate strategies. CTrader Copy is an embedded social trading package that allows investors to copy trades from strategy providers for a fee.

The following Axiory CTraders are available:

  • cTrader for windows
  • cTrader for Mac
  • cTrader web: This web version of cTrader is built on HTML5 and requires no downloads, as it works on all web browsers.
  • cTrader mobile: This platform is available for both Android and iOS devices. You can download it from the respective app stores.

Education and Research

In 2020, Axiory Global launched a dedicated research, education, news, and analysis portal known as ‘Axiory Intelligence.’ On its dedicated website; www.axioryintelligence.com, the following sections are available:

  • The Axiory Trading Academy: This academy is intended to help beginners get up to a high level of trading. Each topic is divided into subtopics, and each article has illustrations.
  • Articles on training: Other than the academy, you will find articles about analysis methods, trading psychology and money management.
  • Market News: Here you will find the most recent financial market news.
  • Axiory’s analysts and in-house experts schedule webinars every other week.
  • The Trader’s Edge: This provides traders with insight and trading ideas.
  • Weekly market commentary: This is a weekly summary of market news and analysis. It’s updated every Monday, ahead of market releases and expected market movements. This gives traders an idea of what assets to watch and which trading opportunities to be on the lookout for.
  • TradingSniper is a new website that appears regularly. It provides information about market setups and trading opportunities.
  • The economic calendar: This is a customizable list of events that will have an impact on the market. It displays the date and the time, as well as the analysts’ predictions and history of impact.

Axiory intelligence owns its own social media accounts, which are always active. These platforms include Facebook, Twitter and Instagram as well as YouTube, YouTube, LinkedIn, and YouTube.

Other trading tools

Autochartist

This technical analysis trading tool monitors the markets and identifies potential trading opportunities. It also alerts traders via emails, notifications, etc. You can customize it to fit your trading style and strategy. Axiory clients have Autochartist as an iOS and Android plugin, MT4/MT5 app, and Android apps.

Indicator of axiory strike

All clients receive this proprietary technical indicator at no additional cost. Traders can use the strike indicator to help identify trends. The indicator is easy to use, as you only need to see the colors. Red indicates a downtrend and blue indicates an uptrend. You can download the indicator on both Windows and MAC computers.

Calculator

On one page, there are five calculators separated by tabs. These calculators are:

  • Margin Calculator: After you input the leverage and other parameters, calculates the required margin.
  • Currency: This calculator converts one foreign currency to another
  • Pips: After entering the currency, lots and instrument, this calculates the pip’s value.
  • Swap: This determines the swap fees when the trade volume, currency and trading instrument are entered.

Profit: This calculates the current stop loss or take profit value when the volume, stop loss, take profits and opening prices are entered.

Customer Support

The Axiory client service desk is available Monday through Friday, from 11 am to 7pm (GST). A FAQs page answers many questions that beginners may have. You can chat with the support team by visiting the website, or calling the numbers in the following countries: Singapore (Chile), United Arab Emirates, Cyprus, Belize, and Singapore. You can also reach them via email at . You can reach them by filling out the “contact us” form on the website. They are also available via social media on Facebook, Twitter and YouTube as well as Instagram, Instagram, LinkedIn, and YouTube.

 

Summeries Support

  • Live Chat – Yes
  • Phone Number: Call 97145896250 for live support
  • Fax: no
  • Support hours: 24/7 Asia support and 11-19 GST Rest of the World

Bonuses and promotions

Axiory currently offers a 50% bonus on deposits above $5,000. This offer is only available for a short time. It runs from 1 st Dec 2020 to 31 April 2021. You cannot withdraw the bonus, but it can be used to fund trading positions.

Summary

Axiory, a CFD broker with multiple assets and modern trading platforms, is an award-winning company. Client funds are protected by Axiory, which is regulated by the IFSC in Belize and a member the financial commission. The execution of trades is quick and the trading fees are very competitive. On its trading platforms cTrader,MT5 and MT4, over 150 CFD assets can be traded, including stocks, metals and forex. These platforms are highly sophisticated and loaded with trading tools. They also support mobile trading as well as trade automation. You can also access trading tools such as Autochartist and economic calendar.

Many forex traders, analysts and professionals think that offshore regulators are not up to the mark when compared with reputable regulators such as the Financial Conduct Authority in the UK, Cyprus Securities and Exchange Commission, and Australian Securities and Investments Commission. It is also not a good idea to limit account currencies to USD or EUR. When compared with other brokers, tradable instruments are less restricted. Axiory investors do not have managed accounts or social trading accounts. The exception is the ‘cTrader Copy’ platform feature.

We can still conclude that Axiory has the potential to be a reliable and trustworthy broker, but it is not without its flaws.

 

Axiory Summary
Axiory Details Information
Regulators IFSC
Country Belize, United Arab Emirates
Base Currencies EUR, USD, JPY
Type Of Brokers NDD
Trading Platform Desktop, Mobile, MT4, MT5, cTrader,
Established Year 2011
Website Language English, Russian, Arabic, More
US Clients
Axiory Spreads
Option Information
Minimum Spreads 5.1
Commission
Fixed Spreads
Axiory Payment & Withdrawal Option
Option Information
Acc Funding Methods Skrill, Wire transfer, Neteller, Local Payment, Sticpay, VLoad, Card Payment
Acc Withdrawal Methods Skrill, Wire transfer, Neteller, Local Payment, Sticpay, VLoad, Card Payment
Axiory Suitable For
Option Information
Publicly Traded
Beginners
Day Trading
Weekly Trading
Professionals
Swing Trading
Axiory Trading Account Options
Option Information
Maximum Leverage 1:777
Mini Account
VIP Accounts
Segregated Accounts
Free Demo Accounts
Managed Accounts
Pro Account
Minimum Deposit 10 USD
Islamic Account
Axiory Trading Services
Option Information
Hedging
News Trading
Scalping
Automated Trading
Indices
Commodities
Forex instruments
CFDs
ETFs
Stocks
Bonds
Cryptocurrencey
Trading Signals
Educational Service
Copy Tradings
Axiory Contact & Support
Option Information
Telephone No 97145896250
Email support@axiory.com
24 Hours Support
Support During Weekends
Address Axiory Global Ltd. No. 1 Corner Hutson St, Marine Parade Belize City, Belize Company Registration Number: 127090 // Dubai Branch: 1008 Clover Bay, Al Abraaj Street, Business Bay Dubai United Arab Emirates

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