Very detailed review of Axiory FX broker is here Start trading now

Priority support is also offered to high-volume traders in order to meet their needs. Experienced traders who need flexibility and individualized care to complement their sophisticated trading strategies should use this account. Before you start using the max account, keep in mind that it was created for the most experienced Forex traders, who know exactly what they are doing. Because trading with the max account happens with such high leverage, the broker made sure to adopt Negative Balance Protection for this account type as well. With this, you will not be able to trade more than what is on your trading account. Axiory FX broker review showed that Max Accounts are very popular at the platform, especially with experienced FX brokers.

  • Since its founding in 2011, Axiory has grown to become a major player in the online trading industry over the course of ten years.
  • Compare Axiory with the top 3 similar brokers that accept traders from your location.
  • Because Axiory follows this regulatory framework, it helps traders to feel a lot safer.
  • Axiory have some addditional trading tools but nothing too spectacular.
  • On Axiory, the most traded energies are crude oil, natural gas, and electricity.
  • You can enjoy a typical trading environment from the comfort of your own home or workplace.

Forex trading indeed is popular for its leverage opportunity, meaning that with initially small capital you potentially may gain quite good exposure to the markets. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. The Belize-based International Financial Services Commission (IFSC) has licensed and is responsible for regulating Axiory.

Standard Account

Some traders use cTrader because it simply does not have a hard limit on the number of financial products a broker can incorporate in it. Mostly, people prefer to use this broker while trading stocks and commodities, while Forex traders mostly prefer to use MT4. CFDs trading offers investors the ability to profit from the movements in the stock indices markets. The price of the CFD stock index is a financial product, and the price of it is revived from the underlying stock index.

The most popular one of these three is Forex trading with major currency pairs. There are eight major currencies around the world, and in the world of Forex, major currency pairs are made up of USD and one another major currency, such as GBP, for example. 80 percent of people in the world of Forex is using this currency pair for trading. Minor currency pairs are the ones that are made of major currencies, except for USD. And the exotic currency pairs are the ones that include one major, like Euro, and one minor currency, like Indian Rupee for example. The team behind Axiory decided to be very active to develop the ever-changing world of Forex, which has proved to be very successful.

It was released about 15 years ago, in 2005, by a Russian company called MetaQuotes. MT4 offers traders access to several trading instruments, including several dozens of currency pairs. You can get easy market access and trade using the traditional trading platform, MetaTrader 4, which has become the industry standard amongst forex and CFD traders around the globe. You’re covered with MT4, whether you’re a beginner searching for a simple interface and one-click trading or an established trader with complicated strategies and your own indicators.

I have opened corporate accounts with other brokers worldwide with no issues but with Axiory it was such a painful process that I ended up aborting my application. I was sure they would end up even asking for my stool sample and DNA sample considering the unreasonable information they were asking for. Axiory took this responsibility very seriously and has taken everything to the next level.

To ensure the safety of client capital, Axiory segregates funds in a separate account, and in the unlikely event of bankruptcy, compensatory funds will be handled by a third-party auditing firm. Axiory Global Limited is licensed and regulated by the International Financial Services Commission (IFSC) of Belize. The broker is transparent about its regulatory requirements, including publishing monthly statistics, as well as being audited annually.

Is Axiory safe or scam?

Additionally, Axiory charges no fees for deposits and withdrawals and offers a low-commission trading environment overall. All fees are within the industry average or below making the broker one of the top brokers by fees and spreads. This is true for CFDs as the commissions start from 0.04 USD per CFD (min 6 USD). The broker seems attractive for both Forex and stock CFDs trading with its competitive fees. Welcome to our website, dedicated to providing comprehensive reviews of forex trading platforms as well as valuable educational resources for those looking to learn more about forex trading.

Clients can use wire transfers, credit/debit cards, and popular electronic payment services to deposit or withdraw funds. The transactions may be processed anywhere from instantly to 3 to 5 business days. I prefer e-wallet payments as I find this to be the quickest way for me to get access to my funds which is important if I need to act quick on some market news. Axiory is an international forex and CFD broker, offering the MetaTrader 4 and cTrader platforms.

Educational materials of Axiory

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. If you can’t attend, all the webinars, held in multiple languages, are archived to watch at your convenience. Recent webinars topics were how to use MT4, taking profit, and dealing with risk and were conducted variously in English, Spanish, and Arabic.

Is Axiory a scam?

The mobile solution connects aspiring traders with established investors alongside competitive fees. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.

After you have provided basic information about yourself, like email, name, last name, etc. you will be asked to verify your identity. This is a mandatory step at Axiory since it follows KYC requirements. This company works with brokers and traders to make sure that there are no disputes left unresolved.

Axiory Review 2023 with Rankings by Dumb Little Man

Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. MT4 and other MetaTrader software and has won titles such as Best FX Trading Platform and Best Multi-Asset axiory review Trading Platform on numerous occasions. Autochartist was a finalist in the Best Specialist Product category in The Technical Analyst 2020 Awards. Axiory does offer some extra tools such as an online margin calculator and the easy-to-install Axiory Strike indicator.

With that being said, a shaky trading infrastructure will not give you an advantage while trading. They have servers and execution cores in different parts of the world, which provide a top-notch trading environment and bring out the maximum potential. Axiory’s dedication to innovation is evident in its continuous efforts to enhance its services and platforms. The broker consistently seeks feedback from traders and incorporates their suggestions to improve the trading experience. By staying at the cutting edge of technological advancements, Axiory is well-equipped to adapt to the evolving needs of traders in an ever-changing market landscape. If you run into a problem at Axiory, you can contact customer support via email, form, phone or live chat.

If you would prefer to trade with a tier-one regulated broker, IG could be alternative options for you to consider. Axiory has also partnered with “GL Africa” to support abandoned children in Cameroon and Tanzania. The broker provides financial assistance so that these children will have good food, water, clothing, medication and education.