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Axiory Reviews

About the firm

Axiory Global Ltd. has offices all over the world, including the UK, Dubai, and Singapore, and has been headquartered in Belize since 2011. It also has locations in the Middle East. The International Financial Services Commission (IFSC) in Belize has granted the broker a license and oversees its operations.

Trading platforms

MetaTrader

The broker offers the platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which have a variety of user-friendly features:

On the website’s Trading Platform page, you may download the MT4 and MT5 trading platforms for Windows or Mac.

cTrader

The account management method is known as cTrader, which employs a single login for all accounts and is one of the many important features that set cTrader apart from MT4. Other characteristics are:

  • Modern and user-friendly interface
  • Selected timeframes and symbols
  • Excellent performance options
  • Application Programming Interface, cTrader Automation
  • Over 60 built-in indicators

cTrader can be downloaded for Windows and Mac devices. A web browser version is also available.

Axiory отзывы

CopyTrade

In 2021, the firm introduced a brand-new social trading platform. Users of Max accounts can imitate the positions of seasoned traders thanks to a free mobile app. Users can search for an experienced trader who matches their investment objectives and risk tolerance by looking at past wins and losses. Additionally, clients are still in charge of order characteristics, including order size, value, stops and losses.

Markets

There are four main markets available (more than 150 markets in total):

  • Forex-Trade over 60 currency pairs.
  • Stocks & ETFs: Trade over 100 stocks of the biggest companies in the EU and the world, including Tesla and Google.
  • Trade 10 major stock indices, including the FTSE and Nikkei, through CFDs.
  • Precious Metals CFDs: Invest in Gold, Silver, Platinum, and Palladium
  • Energy CFDs: Crude Oil and Natural Gas Trading
  • Exchange-traded stocks and exchange-traded ETFs

Spreads and commissions

The floating forex spreads offered by the broker are competitive when compared to those of other brokers like Purple Trading. For the EUR/USD, EUR/GBP, and GBP/USD currency pairs on the Nano account, the starting average spread is 0.2 pips, 0.7 pips, and 0.5 pips, respectively.

Two other accounts are available with less favorable spreads; for instance, the standard account’s average spread for the EUR/USD pair is 1.2 pips.

Nano account spreads for significant CFD indices typically range between 1.2 and 0.7 pip for the FTSE 100 and the S&P 500.

While the spreads for crude oil are at 0.05, they are roughly 0.1 and 0.011 for gold and silver, respectively.

Additional trading costs include a $6 per lot nano account fee, dividend payments for long or short index holdings, and swap fees for overnight positions.

Mobile applications

Users may manage their accounts and execute trades anywhere, at any time, thanks to the availability of both MetaTrader 4 and cTrader on mobile devices.

The mobile apps provide the same capabilities as the desktop platforms and are available on both iOS and Android smartphones. Visit the Android Play Store or the iPhone/iPad App Store to download.

Trading account replenishment methods

Deposits

The company provides several options for funding your account, including credit cards and bitcoin wallets with USD or EUR support. Deposits of $200 or more are free; deposits of less than $200 incur a $15 fee.

  • international bank transfer-free of charge. 3–10 working days.
  • Credit and debit cards are free. Instantaneous
  • Neteller: possible external fees. Instantaneous
  • Stickpay: Possible external fees Instantaneous
  • VLoad-Possible external fees. Instantaneous
  • Skrill: Possible external fees Instantaneous

Withdrawals

The broker has a policy of 24-hour processing (subject to all conditions being met). The following is a breakdown of the pertinent costs and details for the various options:

  • International Bank Transfer-Funds Transfer Fee. 3–10 working days
  • Credit and debit cards are free. 3–10 working days.
  • Neteller: possible external fees. Instantaneous
  • Skrill: Possible external fees Instantaneous
  • Stickpay—Free. Instantaneous

Demo Account

The company offers a competitive demo program that includes both the MT4 and the cTrader platforms. Users can practice different techniques and experience real market circumstances with $10,000 of non-expiring virtual trading money.

Features include:

  • Flexible leverage
  • EUR or USD as the base currency
  • Multiple demo accounts are allowed.
  • Full customer service team support.
  • Full use of tools, advisors, and indicators
  • Keep your demo account open along with your real account.

Despite the lack of information, the company also provides a web platform called FX Simulator that allows customers to practice trading and test trading techniques on STP accounts.

Axiory отзывы

Licensing and regulation

The Belizean International Financial Services Commission (IFSC) issues the broker a license and oversees its operations. The broker is open about the rules it must follow, providing both annual audits and regular figures.

The company keeps client cash secure in a separate account, and in the unlikely event of bankruptcy, the compensation payments will be handled by a third-party accounting firm.

Additionally, it offers negative balance protection, which puts the stop out at 20% and the margin call on all accounts at 50%.

Account Types

The company offers four account categories that can be linked to MT4, MT5, or cTrader: Nano, Standard, Tera, Alpha, and MAX. A $10 minimum deposit and a 0.01 minimum lot size are required for each account. All options provide swap-free Islamic trading conditions upon request, unlimited orders, and hedging. By account, average spreads, leverage, and commissions differ. The Nano account offers the lowest spreads (beginning at 0.2 pip), whereas the MAX account offers the largest leverage (1:777).

The Nano account charges commissions at a rate of $6 per lot, while the Standard and MAX accounts do not.

Customer Service

There are several ways to contact customer support:

  • Contact us at support@axiory.com.
  • Online Request Form—Customer Support Page
  • Phone: The number in your area can be found on the broker’s website.
  • Live Chat-located in the lower right corner of the website.

Countries that the firm does not work with

Traders cannot use Axiory from the USA, 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.

Conclusion

With the MT4 and cTrader platforms, as well as several extra tools, including Autochartist, the Strike indicator, and a learning academy, Axiory is a solid option for both novice and seasoned traders.

Although it may not provide as many markets as other brokers, the following factors, along with the low spreads and competitive account options, make it a great broker.

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