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Axiory is a broker that has been operating since 2012. It offers people access to the CFDs market, and it works as a group of companies based in Belize. It’s been operating for quite a long time, which allowed it to gain exposure in the entire world.
There are five different trading accounts offered by Axiory, as well as a large variety of financial instruments. They have transparent transactions, and many people consider it a very safe option for trades.
However, those who haven’t tried it yet may not trust it, as they need more than a few promises to trust a platform with their money and time. Well, you shouldn’t worry too much because, in this review, you will find all the important details you need to know about Axiory before you start trading. Let’s get started!
Who Is Axiory for?
Axiory is great for beginner traders, but also active traders. This is because it has MetaTrader and cTrader available for trading. On top of that, the broker also has good trading technology that can suit both categories of traders.
Beginners can also benefit from this platform since it offers a lot in terms of education. People can have access to webinars, as well as technical analysis, news, and other materials to help them make progress while trading.
People on a budget will also enjoy the broker because the minimum deposit is low. You have to deposit just $10 in order to start trading.
Things We Like
There are many things we like about Axiory, one of them being the fact that people have multiple payment methods to choose from. But we were also very happy to see that the customer service is amazing and always eager to help with any issues or questions.
Another thing that we liked was the number of educational materials that people can access. Not only are there news and lots of analysis, but people can also access webinars and increase their trading knowledge. This makes the platform beginner-friendly. Also, it offers some wonderful platforms, with impressive technology among other benefits.
To make things even better for beginners, there is also a demo account feature available, which we think is very important.
Things We Don’t Like
Sadly, while there are some great trading instruments available, there are not that many to choose from. People can only trade Forex and CFDs, so anyone looking to trade anything else will be disappointed.
Moreover, Axiory doesn’t offer trading options for people from all jurisdictions. In fact, a large number of countries are banned from accessing the services. This limits the potential the platform could have.
Pros / Cons
- Great for beginners
- CTrader and MetaTrader platforms are available
- A wide range of payment methods is available
- The cryptocurrency trading option is not available
- It doesn’t accept clients from too many jurisdictions
- Limited instruments compared to other brokers
Safety and Regulation
It’s always important to be aware of how safe a platform is before you try it out. Axiory may seem safe at first, but that doesn’t mean you shouldn’t do some research before you deposit money and trust it with your personal information. Here is some safety information that you should know about Axiory.
Who Is Axiory?
Axiory is a Forex and CFD broker based in Belize. It was established in 2011, but it only started operating in 2012. The Group is active in the Middle East, as well as many other places in the world.
With Axiory, traders can connect with the best liquidity providers. The traders will go straight to the market as well, which is amazing. The broker offers over 50 financial instruments, and it has five trading account types.
The goal of the company was to mix technology, trading, and transparency, creating something great for its users. Axiory is also known to support people who live in dangerous, disaster areas and poverty.
Is Axiory Regulated?
Axiory is regulated by a great authority, more specifically the International Financial Services Commission of Belize.
- Axiory Global Limited – authorized by IFSC (Belize) registration number 000122/15
Is Axiory Safe or a Scam?
Overall, the platform is very safe. It is regulated, and it also shows transparency when it comes to its regulatory requirements, like being audited every year and publishing statistics monthly. It is safe to say that Axiory is not a scam considering it is regulated by such a top-tier authority.
Moreover, it offers segregated client funds. This means that the customers’ money will be held separately from the funds of the company.
It is important to still be cautious, though, because the company is from Belize, where it is very easy to get a trading license. Many brokers are allowed to operate despite not being safe, so no matter what, make sure you are careful with your trades.
Countries It Accepts Clients from
Axiory accepts customers from a large variety of countries. People from Kuwait, Australia, Singapore, Saudi Arabia, Thailand, Hong Kong, Qatar, United Arab Emirates, and many other countries can join.
But there are also a lot of countries banned from using Axiory, such as the United Kingdom and the United States, Japan, Romania, Sweden, Germany, Korea, Canada, India, Belgium, Norway, Iceland, Indonesia, and many others.
Axiory won several awards throughout its existence. They won awards such as the Most Transparent Broker 2020 – International Investor Awards, Best CEO in the Forex Brokerage Industry – 2020 Business Worldwide CEO Awards, Best Customer-Centric Forex Brand 2020 Award in Dubai – Global Brands Magazine, and Excellence in Customer Service 2020 – International Investor Awards.
Range of Offerings and Products
Axiory is more limited when it comes to the trading instruments it offers. It has different markets that you can trade through, such as CFD Indices, Forex, Energies, Stock CFDs, Exchange Stocks, Metals, and Exchange ETFs. While limited, Axiory has the most popular markets available, which is great.
In terms of leverage, Axiory offers leverage of up to 1:777. However, the leverage levels can vary depending on the asset category they are part of, as well as what instrument you trade. The amount traded will also influence the leverage.
Commodity CFDs have up to 1:100 in leverage, while CFDs on Indices and more offer up to 1:200.
Meanwhile, the leverage level is 1:500 for Forex instruments and Currency Pairs. NANO and STD accounts will have a 1:5 leverage for CFD stocks, while MAX accounts have a 1:10 leverage.
Axiory offers MT4, MT5, and cTrader for its clients. Therefore, people can use some high-quality platforms to perform their trades.
There is a web platform available, which is amazing because you do not have to download any app. You can simply use the browser to trade, which will grant you access to MT4 and cTrader. However, this is a version that is more suitable for beginners. It is more limited compared to the desktop platform.
When it comes to the desktop version, it brings MT4, MT5, and cTrader to the table. The desktop version offers amazing charting tools, as well as the ability to make EA adjustments and copy trading. The technology is simply amazing and it works better than the platform you would use on your browser.
As for the mobile platform, it is great for anyone who wants to trade while they are away from home. You can manage and navigate it easily. It is accessible on iOS and Android, and it has a lot of features.
Axiory has a TERA Account, MAX Account, Nano Account, Standard Account, and Alpha Account. You can combine both MT4 and cTrader by using one account type.
A demo account is available as well. It is free, and it is available for all the platforms offered.
Deposits and Withdrawals
You can make deposits using bank transfers, credit and debit cards, as well as e-wallets. However, it all depends on the country you live in.
What Is Axiory’s Minimum Deposit?
Axiory comes with a minimum deposit of $10, which is great for those on a budget.
Withdrawals can be done by using the same methods you used to make the deposit. Keep in mind that some methods may charge fees, though.
At times, there are promotions and bonuses offered by Axiory, such as deposit bonuses.
Client Support and Education
Axiory is great when it comes to education, being a paradise for beginners. There are strategic developments and market basics, as well as webinars, news, and market analysis. In fact, both beginners and experts will be able to learn more about trading while using these materials.
Verdict – Overall Rating
Axiory is amazing, particularly for beginners and active traders. Unfortunately, it is not available everywhere, so you have to check out the availability of your jurisdiction before you get too excited. But if the platform is available in your country, you can definitely give it a try.
All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. Our reviews and overall scores are based on the key areas above, in a combination with our opinion and commentary.
The reviews are shared and discussed with the brokers, but the authors of our website always have the final word. Furthermore, we always strive to keep the information on our website updated and relevant for our readers.
What helps us stand out is that we always test our brokers with an anonymous live account, to ensure we deliver the most accurate information and experience to our readers. Finally, our reviews and evaluation are always independent of any financial compensation we may receive from the brokers.
There is a very high degree of risk involved in trading securities.
With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.
All investments involve risks and are not suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market.
There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. More details here.
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