Axiory Review 2022

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Axiory is a regulated forex & CFD broker offering tight spreads & leveraged trading.

Awards
  • Excellence in Customer Service 2020 - International Investor Awards
  • Most Transparent Broker 2020 - International Investor Awards
  • Best Customer-Centric Forex Brand 2020 Award in Dubai - Global Brands Magazine
  • Best CEO in the Forex Brokerage Industry - 2020 Business Worldwide CEO Awards
InstrumentsForex, CFD indices, commodities
Demo AccountYes
Min. Deposit$10
Payment Methods
Min. Trade0.01 lots
Regulated ByIFSC Belize
MetaTrader 4Yes
MetaTrader 5Yes
cTraderYes
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralNo
AutochartistYes
eSignalNo
STP AccountYes
ECN AccountYes
DMA AccountNo
MAM AccountNo
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsYes
Margin TradingNo
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingNo
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingYes
Social TradingYes
Copy TradingYes
Islamic AccountYes
Commodities
  • Gold
CFD TradingTrade CFDs with high leverage & low spreads.
CFD FTSE Spread1.2
CFD GBPUSD Spread0.5
CFD Oil Spread0.05
CFD Stocks SpreadN/A
CFD Leverage1:777
Forex TradingTrade a long list of major, minor & exotic currency pairs.
Forex GBPUSD Spread0.5 pips
Forex EURUSD Spread0.2 pips
Forex EURGBP Spread0.7 pips
Forex Assets60+
Risk Warning – Your capital is at risk

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:

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):

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 trading screen
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.

Withdrawals

Axiory has a 24-hour processing policy (provided all conditions are met). Respective fees and information for the different options are as follows:

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:

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 social trading platform
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:

Drawbacks

Drawbacks to trading with Axiory include:

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:

Follow Axiory on social media:

Trader Safety

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.

Compare Axiory

Compare Axiory with similar brokers that accept traders from your location. Among available brokers these are the most similar to Axiory:

  1. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, and energy, as well as stock indices. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  2. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
  3. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  4. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

Axiory Comparison Table

Compare Axiory With Similar Brokers
Axiory InstaForex AAAFx eToro Forex.com
Rating 4.7 4.5
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $10 €200 to €50,000 (depending on account type) $10 $10 $100
Minimum Trade 0.01 lots 0.01 Lots 0.01 lots $10 $1
Regulators IFSC Belize CySEC HCMC (Greece), FSCA (South Africa) FCA, CySEC, ASIC, FSA CySEC, IIROC, NFA, CFTC, FCA, CIMA
Bonus 100% Deposit Bonus available for Global clients No
Education No No No Yes Yes
Platforms MT4, MT5, cTrader MT4, MT5 MT4, MT5 MT4
Leverage 1:777 1:30 for retail clients, 1:500 for professional 1:30 EU, 1:500 Global 1:30 EU 1:200
Payment Methods 8 10 8 14 8
Detailed Comparison Axiory vs InstaForex Axiory vs AAAFx Axiory vs eToro Axiory vs Forex.com
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Compare Trading Instruments

Compare Axiory Trading Instruments
Axiory InstaForex AAAFx eToro Forex.com
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil No Yes No Yes Yes
Gold Yes Yes Yes Yes Yes
Copper No No No Yes No
Silver No Yes No Yes Yes
Corn No No No Yes No
Crypto No Yes Yes Yes Yes
Futures No No No No Yes
Options No No No No Yes
ETFs Yes Yes No Yes No
Bonds No No No No No
Warrants No No No No No
Spreadbetting No No No No No
Volatility Index No No No Yes No

Axiory vs Other Brokers

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Axiory vs

FAQ

What accounts are available at Axiory?

Axiory offers five accounts: Nano, Standard, Tera, Alpha and MAX. The Nano account is commission-based, whilst the Standard and MAX accounts are commission-free accounts. Tera and Alpha are MT5 accounts. Specifications of all three accounts can be found on the broker’s website.

Does Axiory offer a demo account?

Yes, Axiory offers a flexible and competitive demo account. Users receive 10,000 USD in virtual funds to practice trading for as long as needed.

What leverage is available at Axiory?

Leverage with the Nano and Standard accounts stretches to 1:400 while with the MAX account, the maximum leverage is 1:777.

What payment options does Axiory offer?

Deposits and withdrawals can be made via wire transfer, credit/debit card, Neteller, Sticpay, VLoad, and Skrill. Some immediate payment options are available and deposits above $200 are free. Withdrawals are usually processed within 24 hours and some payment providers may charge a fee.

What products are available at Axiory?

Axiory offers over 60 currency pairs, 10 stock indices, energies, and precious metals (over 150 markets). For leverage information and product-specific details, see the broker’s website.

Axiory is a regulated forex & CFD broker offering tight spreads & leveraged trading.

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