Axiory vs Axofa

Axiory vs Axofa Comparison Table 2023
Axiory Axofa
3.6
4.3

Axofa is #9 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Axiory is a regulated forex and CFD broker offering tight spreads and leveraged trading on industry-leading platforms. Traders can also view useful market commentary while the training academy can upskill aspiring investors.

Axofa is a forex and CFD broker registered in St Vincent and the Grenadines. The broker offers three account types with access to forex, commodities and indices. With ECN processing, low minimum deposits and no commissions, Axofa could be an attractive option, although the broker does not hold a reputable license.

Bonus Offer
10% Deposit Bonus
Comment by Reviewer
"Axiory is a good fit for beginners with a low deposit, unlimited demo account, high-quality education and access to popular financial markets." "Axofa could be a good option for clients looking for social trading features alongside the MT5 platform, and are willing to trade with an offshore brand."
Pros
  • Tight spreads from 0.2 pips
  • Free demo account with no expiry
  • Access to MT4, MT5 and cTrader
  • Direct stock trading as well as CFDs
  • High leverage up to 1:777 is available
  • Beginner-friendly social trading platform
  • Award-winning broker with strong credentials
  • Open an account and start trading in less than 10 minutes
  • MT5 integration
  • Proprietary mobile app
  • Negative balance protection
  • Access to high leverage up to 1:1000
  • Low starting deposit of $1 for beginners
  • International broker accepting clients from the USA, India, Indonesia, and Ireland
Cons
  • Relatively narrow range of instruments
  • Limited regulatory oversight in some countries
  • Unregulated broker
  • Lack of transparency around pricing
  • Limited verifiable information about the broker’s owners and background
  • Inconsistencies between international subsidiaries and website information
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
Instruments
Forex, CFD indices, commodities Forex, CFDs, Stocks, Indices, Commodities
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • AutoChartist
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
IFSC Belize SVGFSA
Margin Trading
No Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
Yes iOS & Android
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
Axiory offers social trading through its CopyTrade application. The mobile solution connects aspiring traders with established investors alongside competitive fees.
Social Trading
Yes No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • USD
  • IDR
Stock Exchanges
Commodities
CFD Trading
CFD trading is available on forex, a wide range of stocks, indices, energies and metals with floating spreads and variable leverage by instrument. Axiory's CFDs come with competitive pricing and no hidden fees. CFDs are available on popular asset classes with a competitive $1 minimum deposit. The broker offers very high, unrestricted leverage of 1:1000, which will amplify both profits and losses.
Leverage
1:777 1:1000
FTSE Spread
1.2 NA
GBPUSD Spread
0.5 From 1.6 pips
Oil Spread
0.05 From 1.6 pips
Stocks Spread
N/A NA
Forex Trading
Trade more than 60 major, minor and exotic pairs with flexible platform options and high leverage up to 1:777, plus tight spreads from near zero on an ECN model. Axofa offers 50+ forex pairs with raw spreads and low commissions. On the downside, the broker is not particularly transparent when it comes to their account conditions and fees.
GBPUSD Spread
0.5 pips From 1.6 pips
EURUSD Spread
0.2 pips From 1.6 pips
EURGBP Spread
0.7 pips From 1.6 pips
Assets
60+ 10+
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