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Overall Rating

Axiory Review

Read this Axiory Forex broker review before opening your account. Is Axiory a Scam or Reliable Forex Broker? What are the pros and cons of trading with this broker? Here is the unbiased trader review about the Belize based forex broker.

Established in 2007 as an STP/ECN retail forex broker, Axiory provides innovative worldwide brokerage services. Having user-friendly trading platforms as a big asset, the broker offers 60+ currency pairs, precious metals, CFDs and cryptocurrencies to trade.

Find out more with AtoZ Markets Axiory Forex broker review. If you have any previous experience, please share it in the comment section below.

Overview

Company
7 /10
Trust
8 /10
Trading Platform
9 /10
Account Types
8/10
Cryptocurrency
8 /10
Costs
7/10
Customer Support
8/10
Regulation
7/10

At AtoZMarkets.com we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly!

For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Axiory broker review. Please see the following article on how we conduct our broker reviews.

Company

7 /10

Axiory is a global brokerage firm that operates on many continents and focuses on offering top-notch services. Based on customers' feedback the broker focuses on a customer-oriented approach. A vision for changing the rigid principles in the financial sector and ideas for breaking down the status-quo makes them unique.

History: Axiory Global is a regulated Forex and CFD broker that has been operating since 2011. A few years later, Axiory got its license to operate in Europe. Since then, the broker spread its network on several continents and providing quality services to its clients.

Trading platforms: Other than MT4 and the c-trade platform, Axiory offers its own MyAxiory trading platform which can help clients to open a new account, deposits, withdrawals, and multitrader access. The platform is reliable and easy to operate.

On the other hand, Axiory traders can also trade within milliseconds using the MT4 platform or the Fortex Web-based platform. The MT4 servers are hosted by the world’s biggest hosting centers, such as Equinix in London or Tokyo. In addition, the execution core uses co-located low latency connectivity with the liquidity providers and top tier banks.

PROS
STP/ECN Broker
cTrader & MT4 platform available
customer support is responsive
Payment options are good
CONS
Doesn't provides MT5 platform

Trust

8 /10

Trust should always be the foremost factor for the customers. As per AtoZ's research, Axiory is regulated by IFSC and maintains segregated accounts and strict verification procedures for all clients.

Trading Platform

9 /10

Like other forex brokers in the market, Axiory provides MetaTrader 4 terminal to their clients which allow users to trade in the financial markets (Forex & CFD). However, for MT5 users Axiory might not be a best solution!

Axiory offers three types of trading platforms. Thus, the client gets the flexibility to choose the type according to his needs. Moreover, the broker provides the necessary tools and resources for analyzing the pricing dynamics of financial instruments, making trade transactions, and creating and using automated trading programs (Expert Advisors).

MyAxiory trading platform: Axiory has developed MyAxiory trading platform, which is an online interface that allows traders to see and manage their accounts. With this simple interface, investors can see their performance, manage their funds and open new accounts. There is even offer a tight integration with MultiTrader that allows them to connect to any trade in just a few clicks. MyAxiory is an online client zone taken to the next level. It has been optimized for PC’s and Tablets and offers account analysis.

MT4 trading platform: Clients of Axiory can trade with more than 1200 indicators, 37 currency pairs plus Gold, Silver, and CFDs all in one MT4 platform. The software can be available for download in Windows and Mac OS PCs and Apple and Android mobile. 

c-Trader: Axiory also provides c-Traders to its users. The platform is developed by cAlgo and uses VWAP (Volume Weighted Average Price) and includes more than 60 types of technical indicators and 26 types of tick charts.

Account Types

8 /10

Axiory offers three types of accounts for their clients. The "Standard" account has average spreads and no commissions, “Nano” accounts provide the lowest spread possible and “Max” accounts offer higher possible leverage than the other two.

Standard Account: MT4 Standard accounts are the most used account. It is suitable for beginners as well as professionals. Trading starts from 0.01 lot, however, the initial deposit amount is $200.

  • Leverage: up to 1:400
  • Minimum deposit of $200
  • No transaction fees
  • Lowest trade from 0.01 lot

Nano Account: Axiory offers low spread ECN accounts. The broker excludes the operating costs to eliminate the excess fees for its clients.

  • Leverage up to 1:400
  • Minimum deposit of $200
  • Transaction fees $10/ 1 lot
  • Lowest trade from 0.01 lot

Max Account: For those who want to trade with high leverage trading, Max account is the best solution. The traders can get leverage up to 1:500 with no transaction fees.

  • Leverage: up to 1:500
  • Minimum deposit of $200
  • No transaction fees
  • Lowest trade from 0.01 lot

Cryptocurrency

5 /10

Axiory doesn't offer cryptocurrency trading to its clients.

Costs

7 /10

The minimum initial deposit for Axiory’ clients is $100, which is an average amount to start with. For Forex trading instrumentsthe leverage is up to 1:400 (1:300 for accounts over 100 000 USD) and the overall minimum deposit is $100.

There are four trading accounts: STP / Direct Interbank Market Access account with spreads from 0.9 pips without commission; ECN account, with spreads from 0.1 pips with a commission; VIP account and a Money Manager account.

Conditions in detail

  • Trading model: STP & ECN
  • Decimal Pricing: Five digits
  • Lot size: 1 lot = 100,000 units
  • Minimum deposit: $100 USD
  • Type of execution: Market
  • Deposit & withdrawal methods: Bank wire transfer, Cards, Neteller, Skrill, Bitpay
  • Spread type: Variable from 0.2 pips
  • Leverage: up to 1:400 (1:100 for accounts over 10,000 USD)
  • Expert advisor: Allowed and enabled
  • Hedging and scalping: Yes - all styles
  • Account Currency Base: USD, EUR or JPY
  • Financial instruments: over 30 currency pairs with Gold (AU), Silver (AG), and CFD’s

Customer Support

8 /10

Representatives are available to help traders and investors via email, chat and local telephone numbers in Singapore, Philippines, Malaysia and Dubai. Contact can be made to the instant numbers provided in the UK.

Regulation

7 /10

Axiory is regulated by IFSC and maintains segregated accounts and strict verification procedures for all clients. With this name, it is regulated by Belize International Financial Services Commission (IFSC) under the license number IFSC/60/255/TS/19.

This company comprised the great team of brokers and experience in account management to provide a friendly, personal and reliable trading experience. As it is a regulated company, Axiory keeps segregated accounts and strict verification procedures for all its clients. However, it is important to mention that Axitory does not accept US citizens, which is clearly stated on their website.

Conclusion

- /10

Axiory is an offshore broker with 10 years of experience and a good overall reputation. It offers online STP/ECN online trading through 2 great platforms - MT4, cTrader, and MyAxiory trading platform.

We, at AtoZ Markets which provide totally unbiased reviews of the forex broker. By doing intensive research on the Axiory forex broker, we have learned that Axiory is a reliable forex broker. However, based on your requirements and choice you should figure out by looking at the pros and cons, costs, customer support, etc before opening an account with Axiory.

Reviewed By

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