General Risk Warning: Before deciding to participate in the Forex trading market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Intro Forex Brokers is not responsible for communication failures or delays when trading via the Internet. Intro Forex Brokers employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Intro Forex Brokers is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Intro Forex Brokers Review has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Axiory is an international forex and CFD broker, offering the MetaTrader 4 and cTrader platforms. This review covers account types, minimum deposits, bonuses, and contact details. Find out whether to register for an Axiory account and start trading today.
Axiory Company Details
Starting in 2011 and operating since 2012, Axiory Global Ltd is based in Belize and the Group operates in the Middle East and various locations around the world, including the UK, Dubai and Singapore.
Axiory is licensed and regulated by the International Financial Services Commission (IFSC) in Belize.
Trading Platforms
MetaTrader
The broker offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which host a range of intuitive features:
The MT4 and MT5 platforms can be downloaded onto Windows or Mac PCs from the Trading Platform page on Axiory’s website.
A web browser version of MetaTrader is also available with all the same features but without the need for a software download. WebTrader can be accessed from the MetaTrader page on the broker’s website.
cTrader
cTrader is newer than MT4 and boasts multiple useful features, including cTraderID – an account management approach that uses one login for all accounts. Other features include:
Modern & user-friendly interface
Timeframe & symbol favourites
Excellent execution capabilities
cTrader Automate.API
60+ native indicators
cTrader can be download to Windows and Mac devices. A web browser version is also available.
CopyTrade
Axiory launched a new social trading platform in 2021. The free mobile application lets Max account holders replicate the positions of Master Traders. Users can view previous wins and losses to find a Master Trader that suits their investment goals and risk appetite. Clients can also retain control over order parameters, including order size, value, plus stops and losses.
Whilst an excellent solution for beginners looking to learn from advanced traders, Master Traders can also use the service to generate additional revenue from their trading activities.
The application is free to download from the respective app store.
Markets
Four primary markets are available at Axiory (and over 150 markets in total):
Forex – Trade over 60 currency pairs
Stocks & ETFs – Trade 100+ stocks on the largest EU and global companies, including Tesla and Google
CFD indices – Trade 10 major stock indices including the FTSE, & Nikkei
CFD precious metals – Invest in gold, silver, platinum, and palladium
CFD energies – Trade crude oil and natural gas
Exchange Stocks & Exchange ETFs
Spreads & Fees
Compared to other brokers such as Purple Trading, Axiory’s floating forex spreads are competitive. With the Nano account, average spreads start at 0.2 pips for the EUR/USD, 0.7 pips for the EUR/GBP, and 0.5 pips for the GBP/USD.
Less favourable spreads are offered with the other two accounts, for example with the Standard account, the average spread on the EUR/USD pair is 1.2 pips.
For major CFD indices, spreads with the Nano account average around 1.2 points for the FTSE 100, going as low as 0.7 for the S&P 500.
Spreads on gold and silver are approximately 0.1 and 0.011 respectively, and for crude oil, spreads are around 0.05.
Other trading fees include a $6 commission per lot with the Nano account, dividend payments on long or short positions held on indices, as well as swap fees charged to positions held overnight.
Leverage
Axiory offers a range of leverage options from 1:1 up to 1:777 with the MAX account, and up to 1:400 with the Nano and Standard accounts. An easy-to-use margin calculator can be found on the broker’s website.
Mobile Apps
Both MetaTrader 4 and cTrader are available on mobile devices, meaning users can manage their accounts and trade anywhere, anytime.
Available on both iOS and Android devices, the mobile apps offer the same features as the desktop platforms. Head to the iPhone/iPad app store or Android Play Store to download.
Axiory mobile app
Payment Methods
Deposits
Axiory offers several deposit methods from credit cards to bitcoin wallets, available in USD or EUR. Deposits are free over $200, however, a fee of $15 will be charged for deposits less than $200.
International wire transfer – Free of charge. 3 – 10 business days
Credit & debit cards – Free of charge. Immediate
Neteller – Possible external fees. Immediate
Sticpay – Possible external fees. Immediate
VLoad – Possible external fees. Immediate
Skrill – Possible external fees. Immediate
Withdrawals
Axiory has a 24-hour processing policy (provided all conditions are met). Respective fees and information for the different options are as follows:
International wire transfer – Remittance fee. 3 – 10 business days
Credit & debit cards – Free of charge. 3 – 10 business days
Neteller – Possible external fees. Immediate
Skrill – Possible external fees. Immediate
Sticpay – Free. Immediate
VLoad – Free. Immediate
Demo Account
Axiory has a competitive demo offering, making both MT4 and the cTrader platform available. With $10,000 in virtual trading cash and no expiry, users can experience real market conditions and practice different techniques.
Features include:
Flexible leverage
EUR or USD base currency
Multiple demo accounts allowed
Full support of customer care team
Full use of tools, EAs, and indicators
Keep your demo account open alongside your live account
Though limited information is available, Axiory also offers its own web-based platform FX Simulator where users can learn how to trade and test strategies on an STP account.
Bonuses & Promotions
Axiory offers a range of promotions and financial incentives to new and existing customers. New clients can benefit from a $25 no deposit bonus, which can be claimed by simply opening an account and verifying ID.
Licensing & Regulation
Axiory Global Limited is licensed and regulated by the International Financial Services Commission (IFSC) of Belize. The broker is transparent about its regulatory requirements, including publishing monthly statistics, as well as being audited annually.
To ensure the safety of client capital, Axiory segregates funds in a separate account, and in the unlikely event of bankruptcy, compensatory funds will be handled by a third-party auditing firm.
Axiory also provides negative balance protection, whereby the margin call in all accounts is set at 50% and the stop out at 20%.
Note, Axiory is unavailable in multiple jurisdictions, including Indonesia and some other countries in Asia.
Additional Features
Axiory offers a host of additional resources, both suited to beginners and experienced traders, including:
Axiory Intelligence news platform
Axiory Trading Academy
Axiory Strike Indicator
Copy trading platform
MyAxiory client zone
Economic calendar
Margin calculator
Live webinars
Autochartist
CopyTrade
Account Types
Axiory offers four account types: Nano, Standard, Tera, Alpha and MAX, which can all be coupled with either MT4, MT5 or cTrader.
All accounts require a minimum deposit of 10 USD and a minimum lot size of 0.01.
All options offer unlimited orders, hedging, and upon request, Islamic swap-free trading conditions.
Average spreads, leverage, and commissions vary per account. You will find the lowest spreads with the Nano account (starting at 0.2 pips), but you will enjoy the highest leverage of 1:777 with the MAX account.
Commissions are charged at $6 per lot with the Nano account while there are no commissions with the Standard or MAX accounts.
Benefits
Pros of trading with Axiory include:
Broad range of payment methods
Reliable customer support
Transparent fee structure
75+ major EU stock CFDs
Strong demo offering
Alpha stock account
VPS compatible
Copy trading
Drawbacks
Drawbacks to trading with Axiory include:
Cryptocurrency trading unavailable
Clients from multiple jurisdictions not accepted, including the USA & European Union
Trading Hours
Forex trading is available Monday to Thursday 00:04 – 23:59 GST and Friday 00:04 – 23:58 GST. For CFD indices, trading hours vary depending on the index and can be viewed on the Markets page of the broker’s website.
For crude oil, natural gas, and electricity, trading is available Monday to Friday at 01:00 – 24:00 GST and for Brent oil, hours are 01:00 – 24:00 GST on Monday and 03:00 – 24:00 GST on Tuesday to Friday.
Trading hours for precious metals run from 01:00 – 24:00 GST Monday to Friday.
Customer Support
There are several ways to contact Axiory customer support:
Email – support@axiory.com
Online request form – customer support page
Telephone – see the broker’s website for the number in your area
Online chat – located in the bottom right-hand corner of the website
The MetaTrader and cTrader platforms comply with industry-standard Secure Sockets Layer (SSL) encryption. Axiory also uses the Jumio verification process during customer registration.
This includes requesting ID and proof of address documents from all new customers.
Axiory Verdict
Axiory is a good choice for both beginner and expert traders, offering the MT4 and cTrader platforms, plus a suite of additional extras, including Autochartist, Strike Indicator, and a learning academy.
The markets offered may not be as extensive as those at other brokers, but the above combined with low spreads and competitive account offerings make Axiory a strong provider.
Accepted Countries
Axiory accepts traders from Australia, Thailand, South Africa, Singapore, Hong Kong, United Arab Emirates, Saudi Arabia, Kuwait, Qatar and most other countries.
Traders can not use Axiory from United States, Canada, Iran, Indonesia, Korea, Belize, Albania, Bahamas, Barbados, Botswana, Cambodia, Ghana, Iceland, Jamaica, Mauritius, Mongolia, Myanmar, Nicaragua, Pakistan, Panama, Syria, Uganda, Yemen, Zimbabwe, Japan, Belgium, Bulgaria, Brazil, Czech Republic, Denmark, Germany, Estonia, Ireland, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden, United Kingdom, India, Norway.
Before starting to trade, never invest too much money in one trade and always follow the rules of risk management. Focus on long-term profits instead of short-term trading. To make the right decisions, always follow financial news and events. It is necessary to create a clear trading plan and strategy and stick to it. Use technical analysis tools to support decision making. Focus on the difference between return and risk instead of just focusing on profit.
Avoid emotional pressure when trading and stay relaxed and patient. In addition, learn and constantly improve your skills and knowledge of Forex trading to achieve success in the field.
The above notes will help you get the best results when participating in forex trading and ensure that you minimize your risks and maximize your profits.
