Website: axiory.com/
Country: Belize
Regulation: IFSC
Established: 2012
Maximum Leverage: 1:777
Axiory, established in 2012, is a forex and CFDs broker that operates in Belize. They claim to use the latest technology available, and grant traders access to a deep liquidity pond.
With a minimum deposit of $50, you can quickly open your account. What’s more, Axiory provides an affordable entry to both newbies and professional traders.
Additionally, they offer flexible trading conditions and negotiable adjustments. The first impression is clean, professional, and adaptable.
They offer you FX Pairs, CFD Indices, Oil, and Metals to trade. The total assets they have is 100+ and the company is adding more instruments on a monthly basis.
Axiory Broker is now offering a unique feature known as Autochartist. It grants special support to the manual traders. It is available for MT4 and cTrader accounts.
Regulation and Security
Axiory Broker operates under the supervision of the Belize International Financial Services Commission (IFSC).
There’s negative balance protection enabled for the “Seasonal Trader.” This trustworthy trading environment lets you trade in a “Safe and Sound” way.
Let’s now talk about the account types of Axiory Broker.
Account Types
According to the official website of Axiory Broker, they are now offering three types of accounts:
- Nano Account
- Standard Account
- Max Account
You can learn more about the Axiory broker account on the Official Website.
Nano Account
Spread | 0.2 Pips |
Leverage | 1:400 |
Commission/Fee | 10USD per Lot |
Minimum Deposit | $100 |
Currency | USD and Euro |
Negative Balance | No |
Hedging | Allowed |
Forex Lot Size | 100,000 |
MetaTrader 4 Platform | Yes |
cTrader | Yes |
Islamic Account | Yes |
Standard Account
Spread | 1.2 Pips |
Leverage | 1:400 |
Commission/Fee | No |
Minimum Deposit | $100 |
Currency | USD and Euro |
Negative Balance | No |
Hedging | Allowed |
Forex Lot Size | 100,000 |
MetaTrader 4 Platform | Yes |
cTrader | Yes |
Islamic Account | Yes |
Max Account
Spread | 1.8 Pips |
Leverage | 1:500 |
Commission/Fee | No |
Minimum Deposit | $100 |
Currency | USD and Euro |
Negative Balance | No |
Hedging | Allowed |
Forex Lot Size | 100,000 |
MetaTrader 4 Platform | Yes |
cTrader | Yes |
Islamic Account | Yes |
Trading Platforms
Axiory Broker is offering two types of trading platforms to its users, and you’ll be surprised to know that “they aren’t offering MT5.”
- MetaTrader 4
- cTrader
Benefits of MetaTrader 4
- Easy to navigate user-interface
- Customizable Charts
- Reliable Virtual Private Server Services
- CFD Trading
- Cryptocurrency Trading
Benefits of cTrader
- Level II Quotes
- Server Trailing Stops
- Cloud Services (To keep all the data in one place)
- One-click trading
- FIX API
To all those who don’t know the benefits of MetaTrader5, we are breaking down the information for them.
Benefits of MetaTrader 5
- Level II Quotes
- Server Trailing Stops
- Cloud Services (To keep all the data in one place)
- One-click trading
- FIX API
Below is a comparison table identifying the capabilities provided by each of the three trading platforms. Although Axiory Broker isn’t offering MT5, you should still understand how it compares, as another major trading platform.
Let’s compare them all:
MetaTrader 4 | MetaTrader 5 | cTrader |
Market Execution: Yes | Market Execution: Yes | Market Execution: Yes |
Web Trading: Yes | Web Trading: Yes | Web Trading: Yes |
IOS and Android Apps: Yes | IOS and Android Apps: Yes | IOS and Android Apps: Yes |
Mobile Browsing Trading: No | Mobile Browsing Trading: Yes | Mobile Browsing Trading: Yes |
Hedging: Yes | Hedging: Yes | Hedging: Yes |
Volume Calculation in Lots: Yes | Volume Calculation in Lots: Yes | Volume Calculation in Lots: Yes |
Volume Calculation in Units: No | Volume Calculation in Units: Yes | Volume Calculation in Units: Yes |
Signals Trading: Yes | Signals Trading: Yes | Signals Trading: No |
One-Click Trading: Yes | One-Click Trading: Yes | One-Click Trading: Yes |
You can download MetaTrader 4 by Clicking Here. And, if you’re interested in opening a cTrader account, you can download it from here.
Before we head towards the technical things of Axiory Broker, you should know “Which tools does Axiory Broker offer?”
Tools
- MyAxiory
- Calculator
- Autochartist
- Strike Indicator
- Currency
- Indices
Markets Offered
- Forex
- Stock CFDs
- CFD Indices
- Energies
- Metals
The Spread of Axiory Broker
At Axiory broker, they only offer Floating Spread on their trading pairs. This means the prices will fluctuate depending on different situations and conditions such as; Liquidity, Trading Sessions, Market, and Time of the day.
All the account types have different spreads, and that’s where you’ve to choose the Perfect-Fit account for you. There are three types of account Axiory Broker is offering:
- Nano Account (Starts from 0.2 Pips)
- Standard Account (Starts from 1.2 Pips)
- Max Account (Starts from 1.8 Pips)
If you’re a beginner, then Nano Account is the way to go. Or else, you have got the option to try Demo Account first as well.
Axiory Broker Execution Time
Basically, there are two types of executions that Axiory Broker is dealing with:
- Instant Execution
- Market Execution
Instant Execution
It is a type of forex execution in which “You have to specify the volume and price of your order,” and the order should be processed instantly. If the trading price changes at the time of order placement, a broker cannot change the execution price.
It can or cannot go in the favor of the client, depending upon different situations and conditions.
Market Execution
Market execution is a type of forex execution in which the client places the order and specifies the volume only. The broker has to buy the order with the current price and can’t request the client for the price change in case of any “Market price changes.”
Using the execution time perfectly can save you from “Losses” in the Forex Market.
Commission/Fee
After you reach a defined limit, they charge you a fee of $10 in the NANO Account. The other accounts have no commission/fee.
- NANO Account (10USD per Lot)
- Standard Account (No Commission)
- Max Account (No Commission)
Customer Care Services
Nowadays, if you have bad customer care services, you can’t survive in the field. Axiory Broker is working hard to give their traders the best customer care service possible.
According to a review, most of the Axiory users are happy with the customer care services. You can contact them via:
- Phone Call
- Live Chat
- Social Media Platforms
It’s time to discuss “How to open an account on Axiory Broker.”
Let’s talk about it!
How to open an account on Axiory Broker?
Opening an account on Axiory Broker is never a headache. It’s simple and easy. Just follow the steps identified below, and consider everything done.
- Head towards the official website of Axiory Broker by Clicking Here.
- On the right top corner, click on the Open Account button.
- You’ll be redirected to the registration page. Fill in the information that they request, and click on the Start Trading button.
- They will ask you to wait for 24 Hours. You’ll be notified through an email or a phone call.
Note* You can register yourself as an Individual or Corporate.
Account Opening Requirements:
- First Name and Last Name
- Email Address
- Country of Residence
- Phone Number with country code
- Password
After entering this information, you’ll have to choose the account type and consider everything done.
How to withdraw/deposit money?
According to the official website of the Axiory broker, the withdrawal/deposit process is pretty simple. You just have to follow the steps given below, and you’re done.
- Login to your trading account
- In the menu bar, choose the withdraw/deposit option as per your need.
- Fill the form and then click on the Submit button.
- They will review your request and notify you within 10 minutes.
- The money will reach your bank account or trading account within no-time after the approval
Comparison of Axiory Broker and Tradersway
Axiory Broker | Tradersway |
Account Types: NANO, Standard, and Max | Account Types: Standard and ECN |
Minimum Deposit: $200 | Minimum Deposit: $200 |
Minimum Trade Size: 0.01 | Minimum Trade Size: 0.01 |
Leverage: 1:400 and 1:500 | Maximum Leverage: 1:500 |
Average Spread: 1.2 pips | Average Spreads: Fixed 1.4 pips of USD/EUR |
Regulated by: IFSC (International Financial Services Commission) | Regulated by: ASIC |
Headquarter: Belize | Headquarter: Australia |
Read more about Tradersway by clicking Here. (I’ll add the link here later on).
Advantages and Disadvantages of Axiory Broker?
Advantages
- They are regulated by (IFSC) and the members of the Financial Commission as well.
- Negative Balance Protection.
- They offer you different account types such as; MT4, cTrading, and Demo Account.
- A perfect place for beginners.
- They have a wide range of Forex and CFD instruments.
Disadvantages
- They are only offering USD and Euro currency accounts. The availability of multi-currency accounts is still a problem.
- US citizens aren’t allowed to invest in this platform.
- No fixed Spread Accounts
Bonuses, Promotion, and Contests
You can enjoy a 100% bonus offer when opening the account. This bonus offer is valid only for the newbies, and you’ll get a bonus in your account instantly upon depositing the amount.
You can’t withdraw the bonus amount. The bonus amount needs to be indulged in trading first. You can read more about the Bonus Offer by clicking here.
You can also earn money through the “Referral Program.” If you have a website that has great traffic, you can earn thousands of Dollars without putting in any effort.
Currently, there’s no contest going on, and once they launch something new, we will be the first one to update things for you. That’s all from “Axiory Broker Review” and if you’ve any questions in mind, do let us know in your comments.
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