Axiory Review

Regulated by: IFSC

Headquarter: Belize

Ranking: 34

Spread: 0.2 pip for EURUSD

Leverage: 777:1

Minimum Deposit: $50


Axiory Review & Author's Comment

Axiory is an international forex and CFD broker that offers competitive trading conditions with a client-based business model. Axiory was founded in 2011 in Belize and regulated by Belize IFSC.  Even though Axiory is headquartered in Belize, the Broker has become known as one of the top forex brokers globally.

Since its inception, Axiory Global has developed a favorable trading environment via state of the art technology that provides traders access to a deep liquidity, low spreads and fast order execution.

Axiory offers three account types; Nano, Standard and MAX with a minimum deposit of $100 and leverage up to 777:1 on the Max Account. Spreads differ with respect to different account types ranging from 0.03 pips to 1.3 pips. The first impression we get is that Axiory is a clean, flexible and professional forex broker that traders can surely rely on while pursuing their trading endeavors.

Is Axiory Reliable?

Axiory is owned by a group of companies that include PT International Limited that is registered in London, UK and Axiory Global Limited that is registered in Belize City, Belize. PT International Limited, the UK entity, operates the web site while Axiory Global operates the forex trading services branch of the group and is authorized by IFSC with the licence number 000122/15.

The Broker is a Category A member of The Financial Commission, an independent dispute resolution institution. Any of the clients are given the ability to bring their disputes and conflicts to the Financial Commission. The client deposits are under protection up to 20,000 USD through a compensation scheme offered by The Financial Commission.

Additionally, Axiory keeps all the client funds in strictly segregated bank accounts. This process is closely monitored by globally renowned independent auditing firms through two annual reports. Another fund security feature granted by Axiory is Negative Balance Protection which ensures that the client balances never ends up being negative. Thus, the clients never owe more money than he / she deposited to Axiory.

Axiory Account Types

Axiory clients can choose between three different account types: Nano, Standard, and MAX. All three accounts come with Negative Balance Protection feature and require a minimum lot size of 0.01. All three options offer unlimited pending orders, hedging, MetaTrader 4 and cTrader trading platforms. An Islamic swap-free trading account is available upon request as well.

Nano Account: Minimum required deposit for Nano Account is $100. Average spread on EURUSD is 0.2 pips. Low spread comes at the expense of high commissions. The Broker charges 6 usd commission per lot to each transaction on Nano Accounts. The maximum leverage is 400:1.

Standard Account: In order to be able to open a Standard Account, you have to deposit at least $100. The spreads are higher compared to Nano Account, however, no extra trading commission is charged. Average spread on EURUSD 1.2 pips and maximum leverage is 400:1 as it is for Nano Account.

Max Account: Max Account requires a minimum deposit of $50. The maximum leverage is higher compared to Nano and Standard Accounts. However, trading cost is the highest amongst three account types. The maximum leverage is 777:1, though the average spread on EURUSD could go up to 1.8 pips.

Axiory Customer Support

There are several channels that the clients can use in order to contact Axiory for getting assistance. Those channels are email, phone, online chat and social medias. Axiory’s help desk is available between 11:00 AM and 7:00 PM GST from Monday to Friday. The help desk agents are qualified and responsive for the inquiries related to forex trading and the company’s operations.

In addition to the help desk, Axiory provides extensive educational resources on its web site with useful information that would improve the trading prospects of the  traders.

Axiory Trading Platforms

Axiory offers MetaTrader 4 and cTrader trading platforms for its clients. The Broker differs from many other brokers in terms of the trading platforms offered. In addition to the popular MetaTrader 4, Axiory offers the option to utilize cTrader trading platform.  cTrader accounts usually come with lower spreads and higher execution speed compared to MetaTrader 4.

Though, MetaTrader 4 beats cTrader in terms of a wider range of charting tools and technical indicators. MetaTrader 4 is packed with various built-in indicators and tools that will help the traders with technical analysis. Besides, if you are intending to program and backtest your own Expert Advisor (EA), you can use the MQL4 built-in development environment (IDE) and available historical data from the Broker’s quote database.

Axiory Deposit and Withdrawal Methods

There are several methods that Axiory clients can use in order to deposit / withdraw funds. Those methods include Wire Transfer (SWIFT), Credit/Debit Card, Skrill, Sticpay, Bitpay, Neteller, VLoad and ThunderXPay.

For most of those payment methods, the transaction is instantly performed excluding wire transfer which may take up to five business days. Our preferred method between the available options is Bitpay with respect to duration and cost. Bitpay carries out the transfers through Bitcoin which usually does not take more than 30 minutes and costs much lower compared to the other available methods.

Axiory Final Word

Founded in 2011 and regulated by Belize IFSC, Axiory is a reliable and favorable choice for both novice and seasoned forex traders. The Broker offers cTrader platform alongside the industry standard MT4. There are additional tools and features including Autochartist, Strike Indicator and online learning academy. Spreads are competitive, minimum deposit requirement is reasonable and negative balance protection is granted.

Open Account

Broker Detail
Adress: No.1 Corner of Hutson Street and Marine Parade, Belize City, Belize,
Phone: +5012244632
Web: https://www.axiory.com
E-Mail: [email protected]
Regulator: IFSC
Year Founded: 2011
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies:
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer (SWIFT), Credit/Debit Card, Skrill, Sticpay, Neteller, VLoad and ThunderXPay
Withdrawal Methods: Wire Transfer (SWIFT), Credit/Debit Card, Skrill, Sticpay, Neteller, VLoad and ThunderXPay
Customer Services
Live Chat:
24 Hours Support:
Languages: English, German, Italian, Spanish and Swedish
Platforms
Supported Platforms: MetaTrader 4, cTrader
Webtrader:
Mobile: IOS, Android
Trading
Leverage: 777:1
Spreads: 0.2 pip for EURUSD
Minimum Deposit: $50
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:
Bonus:

Axiory Review

  • 7/10
    Reliability - 7/10
  • 8/10
    Deposit & Withdrawal - 8/10
  • 5/10
    Bonus - 5/10
  • 8/10
    Customer Support - 8/10
  • 7.5/10
    Overall Trading Conditions - 7.5/10
7.1/10

Summary

Founded in 2011 and regulated by Belize IFSC, Axiory is a reliable and favorable choice for both novice and seasoned forex traders. The Broker offers cTrader platform alongside the industry standard MT4. There are additional tools and features including Autochartist, Strike Indicator and online learning academy. Spreads are competitive, minimum deposit requirement is reasonable and negative balance protection is granted.