Axiory vs Alpari - Fees Review included
Which broker is better Axiory or Alpari? Our expert assessment conducted according to TU’s own methodology showed that Axiory is one of the top brokers in the financial market with the TU Overall Score of 4.02 out of 10. Alpari is one of the top brokers in the financial market with the TU Overall Score of 6.53 out of 10. Find out more about TU Overall Score.
| Feature | Axiory | Alpari |
|---|---|---|
Overall |
1.7 |
4 |
1.3 |
3.7 |
|
1.7 |
3.5 |
|
2 |
4.1 |
|
Investment Instruments |
1.6 |
3.5 |
Platforms and Charting Tools |
1.9 |
3.9 |
Deposit and Withdrawal |
2.1 |
4.1 |
Research |
1.7 |
3.8 |
Education |
1.9 |
4.1 |
Support |
1.4 |
4.6 |
Bonuses |
1.5 |
4.5 |
|
|
|
Axiory vs Alpari: Pros and Cons
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 (IFSC), license number 000122/15, and registration number 127090.
The Alpari broker has been providing financial services in the international foreign exchange market since 1998. The company's services include both active Forex trading and investment offers. The broker is registered in the territory of Saint Vincent and the Grenadines. Its license is № 20389 IBC 2012, issued by the Registrar of International Business Companies. The Company is also a member of The Financial Commission, which handles the settlement of disputes worldwide between brokers and their clients. The broker has received more than 30 awards, including Forex Expo Awards (2011, 2012, 2014), International Finance Magazine Awards (2013), and FX Empire Awards (2017).
| Axiory | Alpari | |
|---|---|---|
| Overall Pros | Ability to trade shares, both CFDs and real, as well as ETFs. | a large number of trading accounts for traders with different levels of experience and goals; |
| Light Live technology for lightning-fast account opening and you can start trading for real money in 10 minutes. | high-quality and efficient work by the customer support service | |
| The desktop and mobile platforms MetaTrader 4 and MetaTrader 5, as well as cTrader, are available for trading. | many ways to replenish the deposit and withdraw funds | |
| 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. | ||
| Overall Cons | There are no PAMM or MAM accounts for passive investing. | no trading on weekends |
| Support only works 8 hours a day, 5 days a week. | withdrawal of funds is carried out after occasional delays | |
| Regulation in offshore jurisdictions | commission compensation for deposits or withdrawals is available only for traders with VIP status; | |
| trading on the MetaTrader 5 platform is available only for traders with standard accounts, and swap-free Forex Islamic accounts work only on MetaTrader 4. |
Axiory vs Alpari: Safety and Regulation
| Regulated By: | Axiory | Alpari |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
No |
No |
ASIC (Australia) |
No |
No |
Other Regulators |
IFSC |
FSC (Mauritius) |
Axiory vs Alpari: Trading Conditions
| Trading Conditions | Axiory | Alpari |
|---|---|---|
Minimum Deposit |
$10 |
$1 |
Trading Platforms |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), cTrader |
MetaTrader 4, MetaTrader 5 |
Max Leverage (Futures) |
1-777 |
1-30000 |
Supported Markets |
Currency pairs, CFDs on stocks, indices, metals, energy resources |
Currency pairs, metals, CFDs |
Trading assets |
150+ |
78+ |
Trading Accounts |
Nano, Standard, Max, Tera, Alpha |
nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, special.ecn.mt4, ecn.mt5 |
Base Account Currencies |
USD, EUR |
USD and EUR |
Axiory vs Alpari: Fees
Forex Trading Fees
| Fee | Axiory | Alpari |
|---|---|---|
Standard Account EURUSD Average Spread |
1.2 pips |
0.1 pips |
Standard Account Fee |
$0 |
$50 |
ECN/STP Account Fee |
Not supported |
$50 |
ECN Account EUR Average Spread |
Not supported |
0.3 pips |
CFD Trading Fees
| Fee | Axiory | Alpari |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | Axiory | Alpari |
|---|---|---|
Account Fee |
No |
$50 |
Deposit Fee |
No |
5 EUR/USD/GBP/ 80 ZAR |
Withdrawal Fee |
For transactions less than 200 USD, a fee of 15 USD is charged. |
From 0 up to 50 USD/ 800 ZAR |
Inactivity Fee |
No |
5 EUR/USD/GBP/ 80 ZAR |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Axiory vs Alpari: Trading Assets
| Asset Name | Axiory | Alpari |
|---|---|---|
Overall |
150+ |
78+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes |
Cryptocurrencies |
No |
Yes (Bitcoin CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Axiory or Alpari: Investment Programs
| Asset Name | Axiory | Alpari |
|---|---|---|
Copy Trading |
Yes |
No |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Alpari or Axiory
| Axiory | Alpari | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
Yes |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
Axiory vs Alpari: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Axiory | Alpari |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
No |
Axiory vs Alpari: Research
| Research Type | Axiory | Alpari |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Axiory vs Alpari: Education
| Education Type | Axiory | Alpari |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
No |
Cent account |
Yes |
No |
Alpari vs Axiory: Support
| Support Features | Axiory | Alpari |
|---|---|---|
Working Days |
8/5 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
feedback form |
Facebook, WhatsApp, VK, Telegram |
Axiory vs Alpari: Forex Bonuses and Promo
| Promo | Axiory | Alpari |
|---|---|---|
Forex Bonus |
No |
Proprietary bonus system: For replenishment of the account, trading, and other operations, the trader receives bonus points on his personal account, which can later be exchanged for discounts or real money; Cashback service: Clients with a high status in the system receive more privileges and access to additional bonuses. |
Affiliate Program |
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. |
"Revenue Sharing" - a broker's representative may attract new clients and receive up to 60% of the spread for trading operations carried out by the invited trader; “CPA-partner” is a partner whose task is also to attract new customers, but a reward of up to $275 is paid only after new invitees open new accounts and replenish them at least once. |
Other Promos |
||
|
|
|
Top 5 Reviews on Alpari
-
Comment
Many traders collaborate with the broker Alpari. I myself traded with this broker for several years. At one time, Alpari was one of the best among forex companies. But now, there is fierce competition, with many brokers offering favorable conditions as well as regulatory licenses. And this broker has remained in the past for now.
-
Comment
I leave a neutral review of alpari. This company is reputable and when you get to know it closer, you understand that the broker has no special problems. Everything is fine with payments. There are deposit and withdrawal fees. They are small, but they exist. Slippages occur, though not very strong.
-
Comment
I can recommend Alpari as a stable and reliable broker, which has earned its reputation over the years of its work. It is focused on clients, not on its profit, and this is the most important thing. It is also important to note that order execution is at a high level, and withdrawals are made quickly and without any difficulties. Alpari provides good support service where knowledgeable Forex specialists work.
-
Comment
For me, the main advantage of Alpari is the variety of available trading instruments. I traded both currency pairs and crypto. I can also add that Alpari has a fast trading platform. There are no requotes, and this is very important in my trading.
-
Comment
I have known Alpari for six years. At first I traded here for two years, then I stopped trading at all. I didn’t work in the Forex market for two years, and then I returned again. I tried trading in another company, but I didn't like it. I funded my account with Alpari again and am trading here up to now. I can’t say that the broker is perfect, since problems do occur. But the company withdraws profits without any problems.
Top 5 Reviews on Axiory
-
Comment
bad broker. blew all my deposits. negligence towards potential traders! Fraudsters!
-
Comment
I have nothing to praise Axiory for. I have personally tested how this company works and was not satisfied. The trading platform often freezes and because of this I lose my money. You can't trade like that.
-
Comment
I like it when a broker gives you the opportunity to choose a trading platform that is convenient for you. Axiory offers 3 terminals - MT4, MT5 and cTrader. I always trade from a standard account. This time, too, I did not experiment and opened Standard in MT4. Of course, before that I worked on a demo — I tested the speed and efficiency of several of my Expert Advisors. I can’t say anything special about spreads, because their values are average on the market. For EUR/USD - 1.2-2 points, there are no additional commissions for currency pairs. Analytics regularly appear on the Axiory website, there is an economic calendar. All clients receive free access to the Autochartist system. You will not earn passive income with this broker.
-
Comment
Trading with Axiory is easy! I am quite satisfied that the broker has a fixed commission per lot because there is no risk of order execution on the news when the spread can widen to 5-6 points. If we take into account the almost guaranteed order execution at the best price and low spreads due to direct access to the market, then in the end we get optimal conditions for trading. Security is guaranteed by keeping money in third-party accounts of partner banks, and technical issues are promptly resolved by the online chat support service. From whichever side you look at Axiory, there are only pluses.
-
Comment
Another thing I like about Axiory is it was possible to increase the deposit several times in a month or two. Trading leverage of 1:500 is available here instead of the typical 1:100 leverage offered by most brokers. The availability of zero spreads when paying 10 units of the base currency of the account (EUR or USD) for a full lot, equates to high leverage and provides an excellent opportunity to earn money. I am an adequate person and I understand that with such levels of risk you can lose a lot, but I believe it’s for the best. Until my strategy failed, so did the broker. The disadvantage of Axiory is that its activities are not regulated by reputable supervisory authorities, but I still have no controversial questions.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.