Fondex vs Axiory

Fondex vs Axiory Comparison Table 2024
Fondex Axiory
Fondex has closed.
3.6
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Fondex is an award-winning forex and CFD broker with industry low trading costs.

Founded in 2011, Axiory is a regulated forex and CFD broker offering tight spreads and highly leveraged trading on industry-leading platforms: MT4, MT5 and cTrader. The broker has won multiple global awards and is regulated by the FSC in Belize and the FSC in Mauritius.

76.80% 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.
Comment by Reviewer
"Axiory remains a top choice for beginners with its low deposit, unlimited demo account and high-quality education. Experienced day traders will also appreciate the advanced capabilities of the cTrader platform, although the range of 150+ instruments may be too restricting."
Pros
  • Full range of investments
  • Multiple account currencies
  • Multiple payment methods
  • Low minimum deposit
  • Copy trading
  • Demo account
  • Regulated
  • Axiory offers free, multiple demo accounts in any of the 3 platforms with no expiry, so clients can continuously test their day trading strategies risk-free
  • The broker offers best-in-class charting platforms for both novices and serious day traders, including cTrader with over 50 technical indicators
  • Spreads are decent based on tests, coming in at 0.3 pips for EUR/USD, which is in line with some of the best low-cost forex brokers
  • A good range of accounts are available with just a $10 minimum deposit required and Islamic swap-free versions
  • The broker continues to improve its market coverage by introducing real stocks alongside stock CFDs
Cons
  • No MT4 integration
  • Although regulated in Belize and South Africa, Axiory doesn’t hold any top-tier licenses in Europe, the US or the Asia-Pacific region
  • Only USD and EUR are accepted as account base currencies, so many clients may have to pay conversion fees
  • The broker’s range of 150+ instruments is much smaller than the hundreds offered by most leading firms
  • It’s a shame that copy trading services are not offered for beginners or strategy providers
Awards
  • Best cTrader Broker, 2020
  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
  • 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, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies Forex, CFD indices, commodities
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Trading Platforms
  • cTrader
  • AutoChartist
  • TradingCentral
  • MyAxiory App
  • MT4
  • MT5
  • cTrader
  • AutoChartist
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA, CySEC IFSC Belize
Margin Trading
Yes No
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
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes (cBots) Yes
Copy Trading
Yes No
Copy Trading Platform
Fondex offers a top-rated copy trading solution where beginners can mirror the buy and sell positions of experienced investors.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
Fondex offers leveraged CFDs on a wide range of popular financial markets. Axiory offers a small range of 150+ CFDs covering major markets. There’s an excellent range of charting platforms on offer for short-term traders, including cTrader with 50 indicators and over 20 drawing tools. You can also easily track trends using Axiory’s Strike Indicator tool for MT4.
Leverage
1:500 1:1000
FTSE Spread
1.8 1.2
GBPUSD Spread
0.8 0.5
Oil Spread
3.4 0.05
Stocks Spread
From 0.01 N/A
Forex Trading
Fondex offers trading opportunities on 80 currency pairs, including majors. Axiory offers 60+ currency pairs with competitive floating spreads averaging 0.3 pips for EUR/USD. Very high leverage is available up to 1:1000, which will serve highly experienced investors, while the $10 minimum deposit will suit beginners.
GBPUSD Spread
0.8 0.5 pips
EURUSD Spread
0.45 0.2 pips
EURGBP Spread
0.56 0.7 pips
Assets
80+ 60+
Currency Indices
  • USD
Cryptocurrency
Trade cryptocurrencies on the cTrader platform. Crypto trading not offered
Spread
From 0.5 pips
Coins
  • BTC
  • XRP
  • ETH
  • LTC
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Fondex has closed.
76.80% 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.
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