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Axiory

Belize|5-10 years|
Regulated in Belize|Retail Forex License|MT4/5 White Label|Regional Brokers|Medium potential risk|Offshore Regulatory|

http://www.axiory.com/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

AxioryAsia-05Live

Hong Kong
MT4
7

Influence

A

Influence index NO.1

Japan 8.01

MT4/5 Identification

MT4/5 Identification

White Label

7
Server Name
AxioryAsia-05Live MT4
Server Location Hong Kong

Influence

Influence

A

Influence index NO.1

Japan 8.01

Surpassed 75.06% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+501 224-4632
support@axiory.com
http://www.axiory.com/
No.1 Corner of Hutson Street and Marine Parade Belize City, Belize

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+501 224-4632

English

+971 45896250

Broker Information

More

Company Name

Axiory Global Limited

Company Abbreviation

Axiory

Platform registered country and region

Belize

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WikiFX Risk Alerts
Previous Detection : 2024-03-28
  • The Belize FSC regulation with license number: IFSC/60/255/TS/15 is an offshore regulation. Please be aware of the risk!

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Axiory · Company Summary

Axiory Basic Information
Company Name Axiory Global Limited
Founded in 2012
Registered Country/Area Belize
Regulation Regulated by the International Financial Services Commission (IFSC) in Belize
Instruments Forex, stocks, indices, commodities, cryptocurrencies
Minimum deposit $10
Account Types NANO, Standard, Max, TERA, ALPHA
Trading fees Variable spreads, no commissions, swap fees, inactivity fees
Leverage Up to 1:777
Platforms MetaTrader 4, MetaTrader 5, cTrader, as well as MyAxiory App (New)
Social Programs Axiory Intelligence: a research-based program that promotes education and social responsibility in the financial industry. Axiory Care: supports social causes worldwide.
Demo account Available
Islamic account Available
Customer support 24/5 customer support in multiple languages, including English, Arabic, Spanish, and more, social medias supported
Educational Resources Yes
US Clients Not Accepted

Overview of Axiory

Axiory is a forex broker registered in Belize, a country known for its favorable regulatory environment for financial services companies. The brokerage firm was established in 2012 and is a relatively young player in the forex industry. Axiory offers online trading services for a range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. Traders can be free to choose their favorable leverage amount ranging from 1:1 to 1:777. An interesting feature of Axiory is its commitment to social responsibility. The company has established the Axiory Intelligence initiative, which is a research-based program that aims to promote education and social responsibility in the financial industry. Axiory also supports various social causes through its Axiory Care program. In terms of trading platforms, Axiory offers multiple choices, including the popular MetaTrader 4 platform, MetaTrader 5 platform, as well as cTrader, with its proprietary trading app called MyAxiory App. Besides, this broker also offers advanced charting tools, technical analysis indicators, and other features to help traders quickly acquaint themselves with online trading.

basic-info

Is Axiory legit or a scam?

Axiory is authorized and regulated by the Financial Services Commission (IFSC) in Belize. This regulatory body is responsible for ensuring that financial institutions operate in a transparent and fair manner, which can provide traders with some reassurance about the legitimacy of the broker. Axiory's adherence to regulations also means that the company must follow certain guidelines, such as maintaining sufficient capital reserves, which can help to protect traders in the event of any financial instability.

However, it is important to note that the IFSC is not a highly-respected regulatory body in the financial industry, which may lead some traders to question the level of oversight and protection provided. Additionally, the regulatory requirements of the IFSC may not be as stringent as those of other regulatory bodies, which could result in less protection for traders.

regulation

Pros and Cons

One of Axiory's biggest strengths is the wide range of trading instruments available. Traders can choose from a diverse selection of assets, including major and minor currency pairs, popular stocks, and popular indices. Additionally, the broker offers commodities such as oil and gold, which provide traders with opportunities to diversify their portfolios. Another significant advantage of Axiory is their multiple account types of low minimum deposits.

On the downside, Axiory offers limited payment methods available for deposits and withdrawals. Plus, no 7/24 online customer support available, which is a big problem to address client's trading issues in a timely manner.

Pros Cons
Regulated by IFSC in Belize, providing some level of security for traders. Offshore regulation
Wide range of trading instruments including forex, stocks, indices, and commodities. Limited payment methods available for deposits and withdrawals.
Multiple trading platforms No 7/24 customer support
Multiple trading account options No online chat
Generous trading leverage up to 1:777
Advanced trading tools and features such as VPS, MAM, and PAMM.
Low minimum deposit of $10
Demo account available
Islamic account available for most account types
Multilingual customer support available

Market Intruments

Axiory offers a range of market instruments to cater to the diverse trading needs of its clients.

Firstly, the broker provides access to the forex market, which is the largest financial market in the world, enabling traders to trade currency pairs with tight spreads and competitive pricing.

Secondly, Axiory offers exchange-traded stocks and ETFs, which provide traders with exposure to a variety of companies and industries across the globe. This allows traders to diversify their portfolio and take advantage of market trends in different regions.

Additionally, Axiory offers CFDs on stocks and indices, providing traders with the ability to trade on the price movements of individual stocks or entire market indices. This allows traders to take advantage of both rising and falling markets.

Finally, Axiory offers trading in oil and energy products, which can provide traders with exposure to the commodities market and its price fluctuations

products
products

Account Types

Axiory offers a diverse range of trading accounts to cater to the needs of traders with varying experience levels and trading styles. The broker offers five types of trading accounts, including NANO, STANDARD, MAX, TERA, and ALPHA.

The NANO account is an account type with a small deposit amount of $10. This account type features average spreads starting at 0.3 pips, with leverage up to 1:400 and this account holder can get access to MT4 and cTrader trading platforms.

The STANDARD account is suitable for traders who have some trading experience and are willing to deposit a minimum of $10. This account type features floating spreads starting from 1.3 pips, and has the same lever ratio as the NANO account, and traders who open this account can use trading platforms too: MT4 and cTrader.

The MAX account is designed for experienced traders who are willing to deposit a minimum of $10. This account type features a huge spread of 20 pips on average, with leverage up to 1:777, trading through MT4 and cTrader.

The TERA account is another account with a low deposit requirement of $10. This account type features an average spread starting at 3 pips, and a maximum leverage of 1:400. Please note traders who open this account only can get access to one trading platform, that is the MT5 trading platform.

The ALPHA account is a premium account type that is available by invitation only. As such, the minimum deposit requirement is unknown. This account type offers institutional-grade spreads and a maximum leverage of 1:1. With this broker, only MT5 trading platform can be reached.

account-types
Pros Cons
Multiple account types to choose from, catering to different trading needs and budgets Alpha account details not disclosed on the website
Low minimum deposit requirement for most account types Limited range of tradable assets, especially for NANO and STANDARD accounts
Competitive spreads and commissions for certain account types Some account types may have limited access to certain trading tools and educational resources
Demo accounts available for all account types Tera & Alphha account only support MT5 trading platform
Islamic accounts available for all account types Islamic accounts is not available for the Alpha trading account
Negative Balance Protection available for most trading accounts
Hedging Allowed for most trading accounts

Demo Accounts

Axiory offers demo accounts to its clients, which are a great tool for traders to practice trading without risking real money. The demo accounts are designed to replicate the live trading environment, allowing traders to familiarize themselves with the platform, test different trading strategies, and gain experience before trading with real money.

Axiory's demo accounts are free and come with virtual funds that traders can use to simulate trading. The demo accounts are available for all account types and provide traders with access to the same trading instruments, platforms, and tools as live accounts. The demo accounts are not time-limited, which means there is no expiry date on your demo accounts.

demo-account
demo-account

Islamic Accounts

Axiory offers Islamic accounts, also known as swap-free accounts, which are designed for traders who follow the Islamic faith and can not receive or pay interest due to religious reasons. These accounts comply with Shariah law and do not charge or pay any overnight interest (swap) fees on positions held open for more than 24 hours.

Islamic accounts at Axiory offer the same features as standard trading accounts, including access to all trading instruments and platforms, customer support, and educational resources. The only difference is that Islamic accounts operate on a commission-based structure, and there are no overnight swap fees charged or credited to the account.

To open an Islamic account with Axiory, traders need to submit a request to the customer support team, and the account will be verified and set up within 24 hours. It is important to note that Axiory reserves the right to revoke the swap-free status if there is evidence of abuse or misuse of the account.

How to open an account?

  1. To open an account with Axiory, interested clients can simply navigate to the broker's website and click on the “Open Account” button.

open-account
  1. This will lead them to a registration page where they will be prompted to provide their personal information, including their name, email address, and phone number. Additionally, they will need to choose the account type that suits their trading needs and preferences.

open-account
  1. After submitting the registration form, clients will receive an email with a link to verify their account. Once the verification process is complete, they can proceed to fund their account via one of the payment options available.

Leverage

Axiory offers a range of leverage options for traders, depending on their chosen account type. The leverage ratios offered by the broker range from 1:1 to a maximum of 1:777, which can provide traders with a significant amount of buying power in the markets. However, it's worth noting that higher leverage also comes with higher risk, and traders should be aware of the potential consequences of trading with a high leverage ratio. It's important to carefully consider your own risk tolerance and trading strategy before deciding on a leverage ratio for your account.

leverage

Spreads & Commissions (Trading Fees)

Axiory's spreads can be higher compared to some other forex brokers. For the NANO account, the average spreads start at 0.3 pips. The STANDARD account has floating spreads starting from 1.2 pips, which is a bit more competitive. The MAX account has floating spreads starting from 1.3 pips, and on average, the spreads for this account are around 20 pips. The TERA account has an average spread starting at 3 pips, while the spreads for the ALPHA account are not disclosed on the Axiory website.

In terms of commissions, Axiory charges a commission of $ 6 per lot for the NANO accounts. The Standard and MAX accounts do not charge a commission, but it has higher spreads. The TERA and ALPHA accounts have lower spreads, but their commission fees are charged 6 usd per lot and 1.5 usd per lot, respectively.

Pros Cons
Competitive spreads on the NANO account MAX account type has relatively high spreads
No commissions charged on Standard account and Max account Spreads and commissions charged on ALPHA account type unknown
Low commissions on some account types
Swap-free Islamic accounts available
No deposit or withdrawal fees
Inactivity fees charged only after 180 days of no trading activity

Non-Trading Fees

In addition to trading fees, Axiory also charges non-trading fees that traders should be aware of. Axiory does not charge any deposit or withdrawal fees, which is a big advantage for traders. However, there are some other non-trading fees that traders should consider, including inactivity fees. If there is no trading activity on the account for 6 months, a fee of $30 per month will be charged. Also, Axiory charges a fee for wire transfers, which can vary depending on the currency and the bank used. Traders should check with their bank for any additional fees that may be charged on their end.

Trading Platform

Axiory offers its clients access to several trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the cTrader platform and the MyAxiory mobile app. The MetaTrader platforms are widely used by traders worldwide and offer advanced charting capabilities, multiple time frames, and a wide range of technical indicators and analysis tools. The cTrader platform, on the other hand, is known for its fast execution speeds and advanced order management features, making it a popular choice for scalpers and high-frequency traders.

The MyAxiory mobile app allows traders to access their accounts and trade on-the-go using their mobile devices. The app is user-friendly and features real-time price quotes, charting tools, and the ability to place orders and manage positions.

trading-platform
trading-platform
trading-platform
trading-platform

Deposit & Withdrawal

Deposit

The minimum deposit is 10 USD. If clients are using a Bank Wire Transfer from any country except Nigeria, the minimum deposit is 100 USD. The minimum deposit using Bank Wire Transfer from Nigeria is 10 USD. Visa and bank transfer are the most traditional options, while e-wallets such as Skrill and Neteller are also available. Stickpay is a unique payment method that allows for instant deposits and withdrawals, while PayReedem and ThunderXPay are also available. Additionally, Axiory does not charge any deposit fees.

payment-methods
payment-methods

Withdrawal

The minimum withdrawal amount at Axiory is 10 USD with the exception of Wire/Bank Transfer where the minimum withdrawal amount is 100 USD.

Axiory supports the same deposit and withdrawal payment methods, which include Visa, Bank Transfer, Stickpay, Neteller, Skrill, PayReedem, and ThunderXPay. The processing time for withdrawals can vary depending on the payment method used, with e-wallets typically being the fastest and bank transfers taking the longest. Axiory does not charge any withdrawal fees, but it is possible that the payment provider may charge a fee for their services.

Customer Support

Axiory offers customer support in multiple languages, including English, Arabic, Indonesian, Spanish, and more. Traders can contact the support team via email, phone, or live chat. The broker also provides a comprehensive FAQ section on its website, where traders can find answers to common questions related to trading, account management, and more.

The customer support team at Axiory is known for being responsive and helpful, and they are available 24/5 to assist traders with any issues or questions they may have. Axiory also provides a personal account manager to each client, who can help with account-related matters and provide personalized support.

customer-support
customer-support
customer-support

Educational Resources

Axiory provides a range of educational resources to help traders improve their skills and knowledge. The broker offers free webinars, video tutorials, e-books, and market analysis tools. Axiory Academy, the broker's education center, is designed to provide traders with in-depth knowledge of the markets and trading strategies.

The broker's webinars cover various topics, such as trading psychology, risk management, technical analysis, and market news. These webinars are conducted by experienced traders and are available to all Axiory clients. The video tutorials cover different aspects of trading, including platform tutorials, trading strategies, and risk management.

Axiory's e-books provide traders with comprehensive information on trading strategies, risk management, and market analysis. The broker's market analysis tools include daily market updates, technical analysis reports, and economic calendars.

Conclusion

Axiory is a forex broker offering a variety of trading instruments, account types, and educational resources to its clients. The broker's trading conditions, such as high spreads and commissions, may not be ideal for all traders, but its leverage options can benefit those looking for higher returns. However, Axiory's weakness lies in its regulation. Ultimately, traders should carefully consider their individual trading needs and goals before choosing Axiory as their broker.

Pros and Cons

Q: Is Axiory a regulated broker?

A: Yes, Axiory is authorized and regulated by the International Financial Services Commission (IFSC) in Belize.

Q: What is the minimum deposit required to open an account with Axiory?

A: Axiory offers five types of trading accounts with different minimum deposits, ranging from $10 to an unknown amount for the ALPHA account.

Q: What trading platforms are available at Axiory?

A: Axiory offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the Axiory Strike mobile application.

Q: Does Axiory offer Islamic accounts?

A: Yes, Axiory offers swap-free Islamic accounts for traders who follow Shariah law.

Q: What deposit and withdrawal methods are available at Axiory?

A: Axiory supports various deposit and withdrawal methods, including Visa, Bank Transfer, Stickpay, Neteller, Skrill, PayReedem, and ThunderXPay.

Q: What is the maximum leverage offered by Axiory?

A: The maximum leverage offered by Axiory ranges from 1:1 to 1:777 depending on the account type.

Q: What are the trading fees at Axiory?

A: Axiory's spreads and commissions vary depending on the account type, with some accounts offering higher spreads than others.

Q: Does Axiory offer educational resources for traders?

A: Yes, Axiory provides educational resources for traders, including webinars, video tutorials, and market analysis tools.

Q: What customer support options are available at Axiory?

A: Axiory offers customer support through live chat, email, and phone, as well as a comprehensive FAQ section on their website.

News

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NewsGBPUSD Stalls Near Key Resistance, Awaits US Jobs Data

2022-02-07 14:37

The GBPUSD pair consolidated on Friday as bulls took some profits from this week's rally, bringing the Pound some 200 pips higher.

WikiFX
2022-02-07 14:37
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GBPUSD Stalls Near Key Resistance, Awaits US Jobs Data

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FX1217141920
more than one year
An initial deposit of $10 is very friendly to beginners. I opened a Standard account with $50 several days ago. As a novice, online trading is pretty fun for me. I hope I can share good news with you guys in the near future.
2023-02-20 10:27
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0
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Matt543
more than one year
Good customer support. I had an issue with depositing. The problem was with my bank, but Axiory team really helped me. I get prompt response if I have query. Overall happy.
2022-12-20 15:34
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0
0
FX1047816953
more than one year
Tremendous platform! They rejected all my withdrawal requests, said there was suspicious behavior in my account and wanted to freeze my money...just like the crooks! You shouldn't trust those regulated offshore companies!
2022-11-25 19:11
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0
0
FX1041355872
more than one year
I seriously doubt that they have no customer service. Otherwise, why does no one answer my questions or deal with my withdrawal application all the time? All are terrible.
2022-11-23 15:12
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0
0
Solid 理财经纪人
more than one year
The minimum deposit of $10 is not high, but verification is slow, that’s why I haven’t been active now, poor customer support… it does not provide any bonus, so this platform for me, I’m not an impressed client…
2022-11-23 11:33
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