Axiory vs XBTFX - Fees Review included
Which broker is better Axiory or XBTFX? 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. XBTFX is one of the top brokers in the financial market with the TU Overall Score of 7.52 out of 10. Find out more about TU Overall Score.
| Feature | Axiory | XBTFX |
|---|---|---|
Overall |
1.7 |
3.7 |
1.3 |
1.2 |
|
1.7 |
4.2 |
|
2 |
3.9 |
|
Investment Instruments |
1.6 |
4.6 |
Platforms and Charting Tools |
1.9 |
4.7 |
Deposit and Withdrawal |
2.1 |
4.5 |
Research |
1.7 |
3.8 |
Education |
1.9 |
3.5 |
Support |
1.4 |
4.1 |
Bonuses |
1.5 |
2.4 |
|
|
|
Axiory vs XBTFX: 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.
Established in 2019, XBTFX has been following its core goal to bridge the gap between the cryptocurrency market and brokerage companies. At the same time, the company runs its business based on the principles of high transparency and accessibility. XBTFX is a Cryptocurrency-based Forex and CFD provider that gives customers access to leveraged trading on digital assets and traditional financial markets.
| Axiory | XBTFX | |
|---|---|---|
| Overall Pros | Ability to trade shares, both CFDs and real, as well as ETFs. | Crypto dposits |
| Light Live technology for lightning-fast account opening and you can start trading for real money in 10 minutes. | Big choice of supported crypto assets | |
| The desktop and mobile platforms MetaTrader 4 and MetaTrader 5, as well as cTrader, are available for trading. | Copy trading and MAM services for investors | |
| 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. | unregulated broker |
| Support only works 8 hours a day, 5 days a week. | ||
| Regulation in offshore jurisdictions |
Axiory vs XBTFX: Safety and Regulation
| Regulated By: | Axiory | XBTFX |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
No |
No |
ASIC (Australia) |
No |
No |
Other Regulators |
IFSC |
Not regulated |
Axiory vs XBTFX: Trading Conditions
| Trading Conditions | Axiory | XBTFX |
|---|---|---|
Minimum Deposit |
$10 |
$1 |
Trading Platforms |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), cTrader |
MT4, MT5, Webtrader, Mobile platforms |
Max Leverage (Futures) |
1-777 |
1-500 |
Supported Markets |
Currency pairs, CFDs on stocks, indices, metals, energy resources |
FX, Commodities, CFDs, CryptoCurrency, Share CFD, Commodities, Metals |
Trading assets |
150+ |
150+ |
Trading Accounts |
Nano, Standard, Max, Tera, Alpha |
Standard, ECN |
Base Account Currencies |
USD, EUR |
BTC, ETH, XRP, USDT, USDC |
Axiory vs XBTFX: Fees
Forex Trading Fees
| Fee | Axiory | XBTFX |
|---|---|---|
Standard Account EURUSD Average Spread |
1.2 pips |
1 pip |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
$3.5 per lot |
ECN Account EUR Average Spread |
Not supported |
0.2 pips |
CFD Trading Fees
| Fee | Axiory | XBTFX |
|---|---|---|
CFD Trading Fee |
Floating spread |
Crypto CFDs - 0.075% per deal, US Stock CFDs $0.10 per share, EU, ASIA, Russia stock CFDs - 0.45% |
Non-Trading Fees
| Fee | Axiory | XBTFX |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
For transactions less than 200 USD, a fee of 15 USD is charged. |
No |
Inactivity Fee |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Axiory vs XBTFX: Trading Assets
| Asset Name | Axiory | XBTFX |
|---|---|---|
Overall |
150+ |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
No |
Yes |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes |
ETFs |
Yes (CFD) |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Axiory or XBTFX: Investment Programs
| Asset Name | Axiory | XBTFX |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: XBTFX or Axiory
| Axiory | XBTFX | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
Yes |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
Axiory vs XBTFX: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Axiory | XBTFX |
|---|---|---|
Bank Transfer |
Yes |
No |
Debit Card |
Yes |
No |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
Axiory vs XBTFX: Research
| Research Type | Axiory | XBTFX |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Axiory vs XBTFX: Education
| Education Type | Axiory | XBTFX |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Cent account |
Yes |
No |
XBTFX vs Axiory: Support
| Support Features | Axiory | XBTFX |
|---|---|---|
Working Days |
8/5 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
No |
Online chat |
Yes |
No |
Other |
feedback form |
Twitter, Facebook, Reddit |
Axiory vs XBTFX: Forex Bonuses and Promo
| Promo | Axiory | XBTFX |
|---|---|---|
Forex Bonus |
No |
No |
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. |
Earn up to 30% of what your referrals pay in trading fees |
Other Promos |
||
|
|
|
Top 5 Reviews on XBTFX
-
Comment
From the very beginning, XBTFX conditions suited me and I was satisfied with a minimum deposit. To achieve results, of course, you need more, but this is a good investment to start with for a novice trader. Then, when you become more experienced, you can increase it and get rich.
-
Comment
Good guys work at xbtfx and I often write to them in the chat. Everything is explained clearly, and I am satisfied with deposit and withdrawal methods. Fees are also good.
-
Comment
I would like to share my experience with XBTFX, which turned out to be a good choice. Among the positive aspects is that this broker allows scalping and also provides high leverage, which can be useful for experienced traders. The account opening process was incredibly fast and took only 3 minutes. I liked that the information on the XBTFX website is accessible, making it easy to interact with. All this made my work in the market easy and comfortable.
-
Comment
I have been trading with XBTFX since 2023, starting with small amounts. Now I am already trading with large amounts and I can wholeheartedly recommend this broker, because execution of orders is excellent and withdrawal of profits is very fast. The broker doesn't interfere with trading.
-
Comment
At XBTFX, there are attractive broker commission conditions, which is why I've been trading here for two years. There are no issues with the trading terminal. The broker offers the MT5 terminal, which works very quickly. Order processing happens in fractions of a second, so scalping strategies can be used without problems. Finally, I would like to mention that XBTFX processes profit withdrawals to a bank card within two days. I recommend it.
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.