Axiory Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- MT4
- MT5
- cTrader
- FSC
- 2012
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- MT4
- MT5
- cTrader
- FSC
- 2012
Our Evaluation of Axiory
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Axiory is a broker with higher-than-average risk and the TU Overall Score of 4.02 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Axiory clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Axiory is a broker for trading single-handedly.
Brief Look at Axiory
Axiory is an STP broker that has been providing services since 2014. The company offers trading in five asset classes, which are currency pairs, stocks, contracts for difference (CFDs) on stock indices, metals, and energy assets. The central office is located in Belize, and there is also a representative office in the United Arab Emirates. Axiory is regulated by the Belize International Financial Services Commission (FSC), license number 000122/405, and registration number 127090.
- Ability to trade shares, both CFDs and real, as well as ETFs.
- Light Live technology for lightning-fast account opening and you can start trading for real money in 10 minutes.
- The desktop and mobile platforms MetaTrader 4 and MetaTrader 5, as well as cTrader, are available for trading.
- Additional indicators and services are available — for instance, Autochartist.
- A vast array of different types of accounts with favorable trading conditions.
- A wide range of methods of replenishment and withdrawal of funds.
- There are no PAMM or MAM accounts for passive investing.
- Support only works 8 hours a day, 5 days a week.
- Regulation in offshore jurisdictions.
TU Expert Advice
Financial expert and analyst at Traders Union
The Axiory STP broker has been providing services for over seven years and is working hard to improve the trading environment for its clients. The broker's servers are connected to data centers through which large-scale liquidity flows pass, namely Equinix in Tokyo (TY3) and London (LD5). Therefore, the quality of order execution is above average, which is confirmed by the updated statistics of order execution. Axiory's spreads are floating only. The order execution speed is from 135 milliseconds, a good indicator.
Axiory brokerage company offers five types of accounts: Standard, Nano, Max, Tera, and Alpha. The minimum deposit is $10 and trading conditions differ depending on the type of account. For example, the average spread on EUR/USD is only 0.2 pips on the Nano account (but there is a fee of $6 per lot); but on the Max account, trading leverage of up to 1:777 is available, which is one of the largest on the market. On average, the trading conditions are competitive.
Details of the current spreads, fees, and other costs for each underlying instrument are available on the Axiory website. For detailed terms and conditions of trading accounts, please contact technical support specialists. Online chat operators respond informatively and very quickly. The site has eight language versions, and support responds in English and Arabic.
Axiory Summary
Your capital is at risk. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
| 💻 Trading platform: | МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), cTrader |
|---|---|
| 📊 Accounts: | Nano, Standard, Max, Tera, Alpha |
| 💰 Account currency: | USD, EUR |
| 💵 Replenishment / Withdrawal: | International bank transfer, credit/debit card, Neteller, Skrill, Sticpay, BitPay, vLoad vouchers |
| 🚀 Minimum deposit: | From $10 |
| ⚖️ Leverage: | Up to 1:777 (Max account) |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | Average spread for EUR/USD is 0.2 pips (Nano), from 1.2 pips (standard) |
| 🔧 Instruments: | Currency pairs (60+), CFDs on stocks (70+), indices (10), metals (4), energy resources (5) |
| 💹 Margin Call / Stop Out: | 50%/20% |
| 🏛 Liquidity provider: | Partner banks |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market Execution |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | No |
Axiory broker offers clients over 150 trading instruments, classic terminals MetaTrader and cTrader, the ability to choose several types of accounts. Depending on the type of account chosen, clients can take advantage of the leverage of up to 1:777. Potential clients can test the trading conditions on demo accounts. Muslim traders can work on Islamic accounts (without do not charge for swaps) after a request to the support service.
Axiory Key Parameters Evaluation
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Trading Account Opening
To start trading with Axiory, you need to become a client of the broker by opening a trading account. A quick guide looks like this:
On the Axiory website, click Open Account.
Then the system will open a registration form, where you need to enter your personal data (name, address, phone number, complex password, etc.).
After registration, you will need to select the type of account - demo or real. Please note that opening a real account can be done using the accelerated Light Stage procedure (verification will take five minutes).
Jumio verification is a proprietary development of the broker. It provides an extra layer of security in line with the latest Belizean regulatory directives. This check is part of every registration
After selecting an account, the system will ask you to upload two documents to confirm your identity and residence address, indicate the purpose of opening an account, the level of financial stability (the amount of annual income), employment status, and experience in financial transactions.
Having provided the listed data about yourself, you will be redirected by the system to your personal account.
The functionality of the Axiory personal account:
In the personal account, the trader has access to functionality:
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for managing accounts.
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for changing personal data.
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for replenishing and withdrawing funds.
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to access data for the Autochartist service.
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for distributions of trading platforms.
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for support requests.
Regulation and safety
Axiory is regulated by the Belize International Financial Services Commission (FSC); license number 000122/405 and registration number 127090. Once every two years, the broker is audited by one of the leading companies in this field.
The broker protects against a negative balance. If, as a result of customer transactions, the balance becomes negative, it is reset to 0. Axiory supports two-factor authentication for withdrawals. If this feature is active, each withdrawal request must be confirmed by clicking a button in a verification email sent specifically for this purpose.
Advantages
- Client funds are segregated from Axiory's capital and held in segregated bank accounts
- Negative balance protection is active
- Client funds are protected by the Financial Commission Compensation Fund (up to $20,000)
- A vast array of electronic payment systems for making deposits and withdrawals
Disadvantages
- To open an account, you must provide detailed financial information
- Regulation in an offshore jurisdiction
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | $12 | No |
| Nano | $2 | No |
| Max | $18 | No |
| Tera | $2 | No |
There are swaps (fee for moving a position to the next day), the values are constantly updated, so check with the support service for the current values.
The Union's analysts also compared the average trading fees for Axiory, Admirals, and FxPro. The results of the comparison are presented in the below table.
| Broker | Average commission | Level |
|---|---|---|
|
$9 | |
|
$1 | |
|
$8.5 |
Account types
Axiory offers five types of accounts for corporate and individual clients. Three classic account types (Nano, Standard, and Max) are connected to MT4 and cTrader platforms. In the updated line of accounts, account types Tera and Alpha were added, and they are connected to MT5.
The classical account types are:
Demo accounts are available for all terminals.
Axiory is an STP broker that provides favorable trading conditions for traders who prefer transparency during order execution.
Deposit and Withdrawal
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Axiory processes a withdrawal request within 24 hours during business hours.
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Money can be withdrawn to Visa or Mastercard (debit and credit), bank transfer, payment systems such as Neteller, Skrill, SticPay (not available for corporate clients), BitPay, or VLoad.
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The minimum withdrawal amount is $11, and $100 for bank wire.
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Bank transfers and withdrawals to credit/debit cards take up to 10 business days. Money is received on electronic payment systems within a few minutes after the broker approves the withdrawal request.
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To be able to make a deposit, you need to go through verification.
Investment Programs, Available Markets and Products of the Broker
Currently, Axiory does not offer any ways to generate passive income. PAMM and MAM accounts and social trading services are not available to clients. However, according to the available information from the support service, the broker is working hard to bring services onboard.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Axiory’ affiliate program:
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Introducing Broker (IB) is a solution for brokerage companies. Affiliates get discounts on spreads, and their clients get the opportunity to work using proven Axiory technologies.
Introducing brokers can pay a broker’s customers for their referral efforts. By choosing the CPA firm, you can earn up to 1,000 USD per client. Broker Axiory provides its partners with marketing materials and landing pages. An affiliate program is the easiest way to get rewarded for attracting new clients.
The trader elects to share his referral link with his friends and acquaintances. If any of them becomes an active client of the broker, the referring trader will receive a bonus from the broker. Company Representative is the most widespread type of cooperation, which accounts for individual payments and agreements. If you are ready to become a representative of the company, you must submit a request through the website on a form.
Customer support
Support operators are available from 7:00 am to 3:00 pm GMT, Monday through Friday.
Advantages
- In the online chat, you can ask questions without being a client of the company
- Informative and lightning-quick answers
Disadvantages
- Works in 8/5 mode
- Support is only available in English, plus Arabic for email inquiries
This broker provides the following communication channels for existing clients and potential investors:
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telephone;
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email;
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online chat;
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feedback form.
In addition to these contacts, there are also telephone numbers for regional support services.
Not only a registered client but also a trader without an active account can ask a broker's representative a question.
Contacts
| Foundation date | 2012 |
|---|---|
| Registration address | No.1 Corner of Hutson Street and Marine Parade Belize City, Belize |
| Regulation |
FSC
Licence number: 000122/405 |
| Official site | https://www.axiory.com/ |
| Contacts |
+44 203 150 0692
|
Education
The Axiory website has a dedicated Axiory's Trading Academy section with many training materials. Materials from the Academy are aimed at novice traders.
The broker regularly conducts webinars for beginners, which can then be watched during and after in the live recording. The broker's Youtube channel has over 1,000 subscribers. The broker does not have cent accounts, so the only way to consolidate the knowledge gained in practice will be by training on a demo account.
Comparison of Axiory with other Brokers
| Axiory | RoboForex | Pocket Option | Exness | TeleTrade | Deriv | |
| Trading platform |
MT5, MT4, cTrader, WebTrader, Mobile platforms | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5 | Deriv bot, Deriv MT5, Derivix, Deriv Trader, SmartTrader |
| Min deposit | $50 | $10 | $5 | $10 | $1 | $1 |
| Leverage |
From 1:1 to 1:777 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:10 |
From 1:1 to 1:1000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | 1.00% |
| Spread | From 0.2 points | From 0 points | From 1.2 point | From 1 point | From 0.8 points | From 0 points |
| Level of margin call / stop out |
50% / 20% | 60% / 40% | 30% / 50% | No / 60% | 70% / 20% | 100% / 50% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | No | No |
Detailed Review of Axiory
Axiory builds its reputation on the observance of three rules: competitive fees, the ability of its clients to apply any trading strategy, and meticulous attention to the safety of clients' funds. Traders have access to accounts with fees (but with narrow spreads), commission-free, Islamic, and demo accounts.
Axiory broker by the numbers:
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5 types of accounts from which to choose.
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More than 7 years in the field of brokerage services.
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3 trading terminals from which to choose.
Axiory is a broker for active individual and algorithmic trading
The broker's servers are located in large Equinix data centers where large Tier-1 banks operate. The MT4 terminal is hosted in Tokyo (TY3) and the cTrader is hosted in London (LD5). Axiory clients trade through MetaTrader 4/5 desktop and mobile terminals. Also available is cTrader, a platform that runs trading algorithms written in the popular C # language. The API in cTrader improves the efficiency of your Expert Advisors and scripts.
The broker's website contains slippage statistics that show the normal distribution between positive and negative values, thereby confirming the quality of order execution.
Useful Axiory Services:
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Forex Strength Meter. It is an algorithm-based technical indicator that helps traders to determine the strength of an individual currency.
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Axiory Strike. Using a sophisticated mathematical model that analyzes a huge amount of historical data, this free indicator helps clients determine the current start of a trend.
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Autochartist. Automatic search system for trading setups. Available free of charge to the broker's clients. The system scans the markets on different timeframes, giving signals with descriptions and statistics of various types - wave analysis, technical analysis patterns, and others.
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Economic calendar. Helps market participants to be ready for important macroeconomic news.
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Regular analytics. A brief overview of popular markets from the broker's analysts is published on the website.
Advantages:
There are five asset classes available for trading.
The company stores funds in segregated accounts to ensure their safety.
Negative balance protection is active.
Tight spreads on the Nano account.
The broker provides daily free analytics and technological tools to improve the quality of trading.
All accounts can be converted to Islamic. Clients can open demo accounts without restrictions, and all accounts have negative balance protection.
User Satisfaction