Axiory Editor’s Verdict

Axiory, established in 2011, is a Forex broker which operates out of Belize. It claims to utilize the best technology available, and grants traders access to a deep liquidity pool. With a minimum deposit of just $10 in a MAX account or into an MT4, MT5 or cTrader account, Axiory provides an affordable entry point to both new retail traders and seasoned professionals. Axiory additionally offers flexible trading conditions and is open to adjustments. The first impression results in a clean, flexible, and professional image.

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Overall
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Fees
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Deposit and withdrawal
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Asset selection
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Ease of account opening
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Regulation and security
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Pros
  • Corporate and Management Possibilities

  • Demo Account

Cons
  • No Accounts Per se

  • No Product Descriptions

Overview

Tight spreads, deep liquidity, and fast order execution make Axiory a competitive choice for high-volume and high-frequency traders.

HeadquartersBelize
RegulatedFSC Mauritius, FSC Belize
Year Established2011
Execution TypeNo Dealing Desk
Minimum Deposit$10
Trading Platforms(s)MetaTrader 4, MetaTrader 5, cTrader
Signals
US Persons Accepted?
Islamic Account
Segregated Account
Managed Accounts
Support Hours24/5 Asia support / 11-19 GST Rest of World
Customer Supportemail-support chat-support
Demo Account

Axiory, established in 2011, is a Forex broker which operates out of Belize. It claims to utilize the best technology available, and grants traders access to a deep liquidity pool. With a minimum deposit of just $10 in a MAX account or into an MT4, MT5 or cTrader account, Axiory provides an affordable entry point to both new retail traders and seasoned professionals. Axiory additionally offers flexible trading conditions and is open to adjustments. The first impression results in a clean, flexible, and professional image.

Axiory Review landing page

Regulation and Security

Axiory Global Limited operates under the oversight of the Financial Services Commission (FSC) in Maurtius and the Belize International Financial Services Commission (IFSC). The IFSC regulation is enhanced by a Category A membership with the Hong Kong-based Financial Commission, including the €20,000 dispute fund per case, which is on par with CySEC-regulated entities. Client deposits remain segregated, negative balance protection exists, and Big a Four accounting firm audits annual reports. Axiory is also transparent about its management team and all applicable trading costs. This broker applies a smart combination of three institutions, granting traders a secure and trustworthy trading environment.

The IFSC regulates Axiory.

Axiory Review IFC regulatory info

Membership with The Financial Commission to enhance oversight and promotes trustworthiness.

Axiory Review additional fund security

Axiory Regulators

Fees

Commissions/SpreadsBoth
Withdrawal options
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  • Deposit options
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  • Fees vary depending on the account type. Every account is created to balance out the costs, varying between commission and spreads. The EUR/USD spread starts at 0.2 pips on the Nano account, with a $6 per round lot commission, but moves on to two commission-free accounts where the spread starts from 1.2 pips. Swap fees on leveraged overnight positions are charged, and corporate actions such as dividends and mergers impact index CFDs, which Axiory credit/ debits from portfolios, as applicable. A data feed charge also applies if the account is accessed repeatedly without trade placement. Axiory does not charge an inactivity fee but will close an account after three months of dormancy. Withdrawals up to $200 warrant a $10 fee. The same applies to withdrawals up to €200, that warrant a €10 fee.

    It’s important to note that all potential costs are clarified on the Spreads, Swaps, and Dividends page which can be viewed on the broker’s website by any visitor. And any other charges are clarified on the prospective pages.

    Axiory remains transparent about its cost structure.

    Axiory Review transparent fee structure

    What Can I Trade

    Axiory offers FX pairs, CFD indices, exchange stocks, exchange ETFs, energies, oil and metals. At the time of the review, the total number of assets is 350. However, the company is adding new instruments and asset classes in the near future.Axiory Review asset choices

    One of Axiory's new and exciting offerings is its stock CFD program, which allows traders looking for stock trading to speculate on the price movements of some of the largest corporations in the world. For those traders who prefer the flexibility of not purchasing underlying assets, Axiory provides the tools and resources to trade the price movements of shares of such international corporate giants as Amazon, Netflix, Google and Facebook, among many others. Using a plethora of indicators like corporate yearly earnings reports or even the news, stock CFD traders can learn to estimate the direction of a company's stock and, if successful, receive a payout.

    Account Types

    Five account types exist, one commission-free, and four commission alternatives with raw spreads for a $6 fee per round lot. Two of the account types, the Tera and Alpha, are available only on the MT5 platform, with Alpha offering exchange products investments. The minimum deposit is $10 on all account types, and Islamic accounts can be requested. Axiory treats all clients equally without any upselling, allowing users of all account types to access excellent trading conditions without substantial deposits. Traders may contact Axiory to discuss adjustments based on their needs.

    Axiory offers a choice of five account types.

    Axiory account types

    Trading Platforms

    Platform Languages
      • English
  • OS Compatibility
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Charting Package
    Scalping
    Hedging
    Mobile Alerts
    E-mail Alerts
    Guaranteed Limit Orders
    Guaranteed Execution
    One-click Execution
    OCO Orders
    Interest on Margin
    Web-based Trading
    Mobile Trading
    MT4
    MT5
    cTrader
    Proprietary Platform
    Automated Trading
    Guaranteed Stop Loss

    Axiory grants traders the MT5 platform and the MT4 trading platform, for which it developed Axiory Strike, a custom indicator. Unlike most MT4 brokers, Axiory informs traders about EAs and third-party add-ons to upgrade the basic version to its full potential. cTrader is also available as an alternative. The FX-focused trading platform presents a superior out-of-the-box version and a better user-interface and is ideal for manual traders. All platforms support automated trading, but MT4 enjoys a distinct leadership role in this category.

    The MT4 trading platform represents the best choice for most traders.

    Axiory Review MT4 platform

    Axiory notes the benefits of third-party MT4 plugins.

    Axiory Review MT4 plugins

    Traders receive the in-house custom indicator Axiory Strike.

    Axiory Review custom indicatory Axiory strike

    cTrader offers an alternative that is ideal for manual traders.

    Axiory Review cTrader info

    Unique Features

    Autochartist grants additional support to manual traders and is available for MT4 and cTrader alike.

    Autochartist is available on both platforms.

    Axiory Review autochartist info

    Research and Education

    Axiory Intelligence offers traders a quality mix of research and education, forming the core of both services. Additional research and analysis are available from the Market News and Technical Analysis sections. The written content is brief but informative, and traders will find regularly published trading ideas. New traders will find a deep educational portal at the Trading Academy for Beginners, where dozens of well-thought-through articles introduce the world of trading to new entrants.

    Axiory Intelligence is a core component of research and education.

    Axiory Intelligence is an independent market news and analysis provider that offers Axiory traders optimized, up-to-date coverage of the global financial markets. Their updates range from quick market bites to lengthy in-depth pieces and analyses of financial products and economic events. All information published on Axiory Intelligence is unique. Investors and traders can use the portal for a trustworthy and reliable source of information to help them swiftly find essential market updates at all times and make informed decisions.

    Axiory Review Axiory intelligence

    Market News features relevant developments across assets.

    Axiory Review market news

    Technical analysis delivers trading ideas to clients.

    Axiory Review technical analysis

    The Trading Academy for Beginners represents a proper educational portal for new traders.

    Axiory Review trading academy

    Customer Support

    Support Hours24/5 Asia support / 11-19 GST Rest of World
    Customer Supportemail-support chat-support
    Website Languages
      • English
      • Spanish
      • Arabic
      • Other
      • Russian
      • Portuguese
      • Thai
  • Customer support is available between Monday and Friday from 11 am to 7 pm, and can be accessed via e-mail, webform, phone, and live chat. An FAQ section answers the most common questions.

    Customer Support is readily available via a number of channels.

    Axiory Review customer support

    Bonuses and Promotions

    Starting in December 2020, Axiory will be offering a 50% bonus to new traders.

    Opening an Account

    An online application handles new account openings easily and quickly. Registration for demo accounts takes just 30 seconds, while opening a light live account takes less than 10 minutes. All parts of the process may be completed with a smartphone. Following the completion of the registration, account verification is a mandatory next step in order to comply with AML/KYC requirements. A copy of the trader’s ID and one proof of residency documents generally satisfies this requirement.

    The Account Opening procedure is fast and simple.

    Axiory Review account opening process

    Deposits and Withdrawals

    Axiory supports bank wires, credit/debit cards, Skrill, Neteller, VLoad, and Sticpay. Processing times range from instant to ten business days, and fees are equally dependent on the payment processor. Transactions of less than $200 incur a flat fee of $10, and prepaid credit/debit cards are not accepted – Only prepaid e-vouchers from VLoad.

    Deposit processing times and fees are dependent on the payment option.

    A $10 flat fee will apply for transactions below $200.

    Axiory Withdrawals

    Axiory Withdrawals

    Axiory Deposits

    Axiory Deposits

    Summary

    Axiory is a trustworthy Forex broker, striking a balance between a light regulatory environment enhanced by additional security measures. Traders may select between the MT4 and cTrader trading platform, and three account types. New traders have access to an excellent educational platform, and Axiory offers regular trading ideas to clients. Traders who seek a reliable pure-play Forex broker, are well served at this broker, where equal treatment of clients offers a refreshing change from most competitors that are focused on deposits.

    FAQs

    Is Axiory a scam?

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    No, it is a legitimate and transparent brokerage authorized by the Belize IFSC. It is also a Category A member of the Hong Kong-based Financial Commission.

    What accounts are available at Axiory?

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    One commission-free account and four commission-based account are available. Three are available on MT4 and two are available on MT5.

    Does Axiory offer a demo account?

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    Yes, it does.

    What payment options does Axiory offer?

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    Traders may choose between bank wires, credit/debit cards, Skrill, Neteller, VLoad, and Sticpay.

    What products are available at Axiory?

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    Axiory offers 61 currency pairs, 9 commodities, 78 stock CFDs, 122 stocks, 69 ETFs and 10 index CFDs to trade.

    About the Author

    DailyForex.com Team
    The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.