Axiory Broker Review 2020

Are you looking to know everything about Axiory Broker? You’ve just landed in the right place because we have a complete review of this broker. Go below to read more!

Axiory - Leading FX & CFDs Broker

Axiory Broker was established in 2012, and the idea of opening the business is to provide the Forex industry with a “Safe and Sound” atmosphere. Additionally, they are coming up with the latest technologies and advanced tools for the success of their investors.

Service information

Demo Account Yes
Minimum Deposit $100
Max Leverage 1:500
Spreads from 0.2
Type of Broker ECN & STP
Tradable Assets Currencies 60+, CFD 55+ Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities,
Deposit Options Bank Wire, VISA, MasterCard, BitPay, Neteller, Skrill, SticPay, VLoad

Company information

Established 2012
Regulated by IFSC
Telephone +442031502506
Customer Support 24/5 in 4 languages

Axiory-Featured-DailyForexTrading.Net

Axiory Review - Everything you need to know 

Welcome to the topic Axiory Broker. Let’s get started with a table containing important information. We will then lead the pack with “Overview, History, Regulation and Account Types.”

Here we go!

  • Leverage: 1:500
  • Regulation: IFSC
  • Minimum Deposit: 100 USD
  • Platforms: MT4 and cTrader
  • Headquarter: Belize
  • Founded: 2012

With so much going in the Forex Trading market, it’s always important to find one that is “Trustworthy and Perfect-Fit” for you. Axiory Broker is another broker and trading platform that allows you to use different instruments through MetaTrader 4 and cTrading options.


Axiory Global has been operating for over a decade

They have a headquarter in Belize but still, they have global exposure and offer different account types for different clients. They have an office in Dubai as well, and that’s why people in the Middle East are heading towards Axiory Broker and trusting the platform.

Let’s now have a look at the “Different details of Axiory Broker.”

Axiory Broker Regulation

Now, with the help of Axiory Broker, you can trade on the platform with trust. They are regulated by the IFSC (International Financial Services Commission), and guess what? They are also a member of the Financial Commission as well.

If you’re only worried about the regulation, then Axiory Broker is backed by the strictest regulations in the world. Go for the investment, and you won’t regret this place.

Let’s now move towards the account types that Axiory has to offer to us.

Account Types of Axiory Broker

According to the official website of Axiory, they are dealing with the following accounts:

  • Nano Account
  • Standard Account
  • Max Account

Let’s discuss each of the accounts individually:

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

So, we are done with the account comparison of Axiory Broker, and now it’s time to talk about the “Pros and Cons.”

Here we go!


Pros


Cons

Different Types of Accounts

None

Islamic Accounts

 

Demo Accounts

 

Trading Platforms of Axiory Broker

As discussed above, there are two types of trading platforms that “Axiory Broker” is dealing with:

  • MetaTrader 4
  • cTrader

Yes, we know that “No availability of the MT5” might hit them hard, but who knows that they might introduce it in the future?


Pros


Cons

Availability of the latest tools and instruments for the Forex trading

No Availability of MT5

cTrading Available

 

MetaTrader 4 Available

 

Now, it’s time that we should head towards the “Technical In-Depth Details” of the Axiory Broker. In order to make you understand everything, we have decided to write down “Spread, Execution, Time/Commission, Customer Services, etc.”


So, here we go!


The spread of Axiory Broker

Spread plays an important role in the Forex Marketplace, and that’s why people look for it before they head towards the account opening.

Now we know that Axiory is providing us with three different accounts; Beginners, Pro, and Experienced. But, they all have different spreads. Let’s have a look at them:

  • NANO Account (Starts from 0.2 Pips)
  • Standard Account (Starts from 1.2 Pips)
  • Max Account (Starts from 1.8 Pips)

So, which account are you going for? If you’re a beginner, we would recommend you to go for the NANO account.

Let’s move towards the execution now.


Execution Time

Basically, there are two types of executions that “every broker” deals with:

  • Instant Execution
  • Market Execution

Just like the other brokers, Axiory Broker is dealing with both of them. But, they haven’t specified the account types. Before you open your account with them, you need to ask them, “For which account you’re offering Instant Execution and Market Execution.”

This will help you to know what the perfect choice is for you.

Note* They haven’t mentioned anything regarding the execution on their official website.

Now, let’s move towards the Commission and Fee section of the Axiory Broker.


Commission/Fee of Axiory Broker

So, they have a Commission/Fee plan for each of the account types, and they deduct fee/commission from you after reaching a specific amount.

Every account has its own Commission/Fee, and let’s figure it out!

  • NANO Account (10USD per Lot)
  • Standard Account (No Commission)
  • Max Account (No Commission)

They are offering two accounts that have no commission/fee, and the NANO Account has a $10 commission/fee after reaching a specific milestone.

Let’s now move towards the Customer Care of the Axiory Broker and see “How professional they are?”


Customer Service of Axiory Broker

Customer Service is the backbone of any marketplace, and if there’s not any customer service, no one is going to invest at your place.

When it comes to the customer service of Axiory, then they are super great and professional. You can contact them via:

  • Live Chat
  • Email
  • Phone Call
  • Social Media Platforms

Axiory-CustomerService-DailyForexTrading.Net

They are available from Monday-Friday and replying to their valuable customers within minutes.


Pros


Cons

24/5 Availability

No 24/7 Customer Service

The Customer Service members are very professional and knowledgeable

 

Live Chat Availability

 

Now, we are done discussing the most demanding and critical information regarding Axiory Broker, and it’s finally the time that we talk about “How to open an account and how to withdraw money from Axiory Broker.”

If you’re satisfied with the details regarding the Axiory, then you can scroll down.

How to Open an Account on Axiory Broker

Opening the account is the simplest of the process and can be done by following the steps. We are breaking down steps with screenshots to help you get registered with Axiory Broker without any obstacle coming your way.

Here we go!

  1. The first step is to head towards the official website by CLICKING HERE, and you’ll end up witnessing a screen given below:

    Axiory-OpeningAccount1-DailyForexTrading.Net
  2. Now, click on the Open Account Button as shown at the right top corner, and you’ll be redirected to a page containing the registration form. Like shown in the screenshot below:

    Axiory-OpeningAccount2-DailyForexTrading.Net
  3. Now, fill the form and then click on the “Register Now” button and you’ll then be promoted to a page asking for choosing the account type.

  4. Once set up everything, choose the password, and check the box asking for the “Terms and Condition.”

    Axiory-Terms&Condition-DailyForexTrading.Net
  5. Once your password is ready, and you’ve clicked on the I agree with button, it’s now time to Start Trading.

That’s how easy it is to create an account, and If you still face any problems, then you can contact us in the comment section.


Pros


Cons

Account opening is easy

Restricted in some areas

Fully Digital

 

No Complications Involved

 

Now, it’s time to discuss the most-awaited and asked the question “How to withdraw money from Axiory Broker.” Here we go!

How to deposit/withdraw money from Axiory Broker

If you want to withdraw/deposit the money, then you need to follow the steps that we are breaking right now:

  1. Login to your account
  2. Head towards the menu and look for the withdraw/deposit option
  3. Click on it and then choose the payment method
  4. Enter the required details. Note* some payment methods do require more information
  5. Click on submit request button
  6. You’ll be notified through an email and SMS

For Withdrawal, following are the payment gateways that they allow:


For Depositing, following are the payment gateways that they allow:


Let’s now move towards the “Pros and Cons” of this service. And you can read more about payment gateways by Clicking Here.


Pros


Cons

Depositing and Withdrawing is easy

None

Almost zero deposit/withdraw fee

 

Different payment gateways available

 

So, we are done discussing the most demanding topics. It’s time to discuss the “Real Big Deal,” yes, we are talking about the comparison of two rivals.

Comparison of Axiory vs. Tradersway

Let’s break down the information regarding Axiory and Tradersway in an informational table. This will help you understand more, and you’ll be able to compare each other easily.


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

So, this is a brief comparison between the two, and they both are good brokers. You can go for any, but before you go for the Tradersway, don’t forget to read our article on the topic.

Trading Platforms of Axiory Broker: Which one is the best?

They are providing you the best in the business and the most demanding trading platforms around the globe. Yes, we are talking about:

  • MetaTrader 4
  • CTrader

We will break down the benefits of both the trading platforms, and you can then choose anyone that fits your needs.


MetaTrader 4

  • User-Friendly Features
  • Access to all the major Forex trading features
  • Different Language Support
  • Multi-Currency Support
  • Automated Trading


CTrader

  • Modern and the most advanced trading platform
  • Perfect Execution Capabilities
  • 60+ Native Indicators
  • You can favorite a profile/symbol to get the quick access

Note* MT4 can’t be run on the latest Mac devices.

If you want to download the trading platforms, you can download them with a single click by Clicking Here.

As we are done discussing the Trading Platforms now, it’s time to head towards the “Advantages and Disadvantages” of the Axiory Broker.

Yes, let’s do it!

Advantages and Disadvantages of Axiory Broker

There are always a few pros and cons of every single service provider. And it’s always better to stay unbiased because, at the end of the day, our readers matter the most for us.

Let’s break down the mainstream advantages and disadvantages of Axiory Broker:


Advantages

  • They are the member of Financial Commission (Discussed in Details Above)
  • They divide the client's fund
  • They have different trading platforms such as MT4, CTrader and FIX API
  • They are a perfect fit for the beginners and professionals
  • They provide you with different range of instruments including CFDs and Forex


Disadvantages

  • They don’t have multi-currency accounts (Only offering USD and Euro)
  • No US client can invest in this platform
  • No Fixed Spread Accounts
  • No Cryptocurrencies

Before we wind up things, let’s discuss “Bonuses, Promotions, and Contests.”

Here we go!


Axiory Broker Bonuses, Promotions, and Contests

Let’s talk about the bonus first:

Axiory Broker has opened up a 100% deposit bonus for the “Summer” where you’ll get an instant bonus for depositing money. This offer is valid for the new customers as well as the existing ones.

The 100% Summer bonus will start from July 1st to July 21st, and you can request for the bonus straight away after you deposit the money.

There are a few Conditions and Set of Terms that you need to follow. And to read all of them, you need to click here.

You can also go for the “Partnership Programme” and earn a lot of money by referring the marketplace to other investors. And whenever they are going to deposit money in their amount, you’ll get a bonus. Note* You’ll get a bonus on the first deposit only.

Currently, there’s no contest going on, and we will keep you updated once they launch something new.

So, that’s all from the topic “Axiory Broker,” and if you’ve any questions, then feels free to contact us.

frequently ask questions

No, you can choose the quicker option of opening a Light Live Account using only your personal ID. This version of the Live Account has limitations;  You can only deposit up to 1000 USD (or equivalent in other currencies), you can only fund through Credit Card, and you can only withdraw up to the amount that you deposited, regardless of your profits. 

 

You can upgrade to a Full Live Trading Account by submitting the rest of your documents and getting them verified.


Open a Live Trading Account here.

You have three options when it comes to opening an account with Axiory:
 

Demo Account

You can open a risk-free Demo Account and trade using 10,000 virtual trading dollars (or equivalent in other currencies). A Demo Account is great for practice and testing strategies however any profits made are virtual and cannot be withdrawn.

 

Light Live Account

You can open a Light Live Account in less than 10 minutes, submitting no more than your personal ID. This account allows you to trade with up to 1000 USD (or equivalent in other currencies), you can only fund through Credit Card, and you can only withdraw up to the amount that you deposited, regardless of your profits. 

 

Live Trading Account

You can open a full trading account - or upgrade from your Light Live Account - by submitting all your documents and getting verified. You will get full access to trading with Axiory.

Bank wire transfer usually takes about 3 - 10 working days. The card deposit options are usually processed within a couple of hours. See more information here.

Negative balance protection is one of our risk management features which serves as a precautionary measure preventing our clients from losing more money than they deposited. Should clients’ trades result in negative balance, it is then reset to 0.

Slippage may occur in certain cases. To gain a better understanding of how often this happens, please see the following statistics page where we publish monthly data.

We keep your funds protected based on three main pillars.
 

Negative Balance Protection

With negative balance protection you never have to worry about your account going negative or losing more money than you initially invested. In the case of a significant price movement that leads to a negative balance, we reset your balance to zero and cover your additional losses.
 

Segregation of Funds

Our clients’ deposits are strictly segregated from the company’s funds. Globally renowned auditing company PwC issues two reports per year proving a true and complete segregation of accounts.

 

Member Of The Financial Commission 

Axiory holds a Category A membership with the Financial Commission, and independent organization specializing in the resolution of disputes. Clients can present their complaints to the Financial Commission at any time.

In the case where a resolution cannot be found, the Financial Commission offers a compensation fund of up to 20,000 USD.

Yes, you can open multiple demo accounts with Axiory.

At Axiory you can open a Light Live Trading account which allows you to start trading in a few minutes using only your personal ID. This account allows live trading with up to 1000 USD (or equivalent in other currencies) through Credit Card. When trading a Light Live Account you can only withdraw up to the amount you deposited, regardless of your profits.

Open a Light Live Trading account here.

HOW CAN WE HELP YOU?

contact@dailyforextrading.net