Axiory broker review ++ Scam or not?

Nano account offers very low spreads to the investors, which can stand as low as 0 pips with a very small commission per-lot. By opening this account, investors can trade Energies, Forex, Indices, Precious Metals, and many others with the help of cTrader or MetaTrader 4. Traders can open a live trading account in less than 10 minutes thanks to the automated smart registration system. The forex spread is the difference between a forex broker’s sell rate and buy rate when exchanging or trading currencies.

C-Trader is a much younger trading platform than MT4/MT5 but has been on the market for almost ten years. As a result, the platform has been built using the latest technologies and trends. In many respects, c-Trader already exceeds its rival’s feature set and is still being updated regularly with new updates and improvements. All updates focus on improving traders’ experience and helping them manage their risk and trade effectively.

FXTM Account Types

While reviewing the Axiory broker, we were very glad to see that they offer this account. However, we believe that trading with high leverage is very risky and only the most experienced traders should do so. If you are a beginner in the field of Forex, it would be better for you to start trading with as little leverage as possible before you learn the market well enough.

Two of the accounts are commission-free accounts with trading costs included in the variable spreads, and two of the accounts offer tighter spreads in exchange for a commission per lot. Axiory is a market maker broker offering trading on a wide range of assets. It offers excellent trading conditions on a range of trading accounts. It also provides support for the most popular trading platforms, including MT4, and c-Trader, and a variety of trading tools.

While some traders will be disappointed that Axiory does not offer crypto CFDs, the range and depth of assets available to trade are impressive. Axiory’s trading tools are excellent compared to other similar brokers. Axiory offers two base currencies, which is limited compared to other brokers. Lastly, traders will have to submit a document proving their residence. Some of the most overlooked trading costs are the non-trading fees that are charged by brokers.

So, investors should use the Axiory, a forex trading platform, with caution. Axiory grants traders the MT5 platform and the MT4 trading platform, for which it developed Axiory Strike, a custom indicator. Unlike most MT4 brokers, Axiory informs traders about EAs and third-party add-ons to upgrade the basic version to its full potential. The FX-focused trading platform presents a superior out-of-the-box version and a better user-interface and is ideal for manual traders.

New traders will find a deep educational portal at the Trading Academy for Beginners, where dozens of well-thought-through articles introduce the world of trading to new entrants. Axiory offers FX pairs, CFD indices, exchange stocks, exchange ETFs, energies, oil and metals. However, the company is adding new instruments and asset classes in the near future. Axiory offers research options like comprehensive technical analysis for both new traders and professionals, calculators, indicators, and other tools like MyAXIORY and Autochartist. Before deciding to join a broker and start trading, a potential trader needs to establish whether a broker like Axiory is safe and secure to trade with. Forex brokers often lure new traders with offers of deposit bonuses.

Deposit funds to start trading

Let’s now move towards the account types that Axiory has to offer to us. Axiory provides a $50,000 dollar demo account for currency practice trading. The broker’s core values are fairness, transparency, care for all stakeholders, traders being the most important.

The trading platforms or the software which you will use for the trading performance itself offer a powerful combination and the choice between popular and well-regarded MT4, MT5 and cTrader. Eventually, this combination is the best as any size, proficiency level and need trader will find the right solution for himself. Axiory, established in 2011, offers global traders a savvy, friendly, and intuitive space to access the forex and CFDs market. The original idea of Axiory found is based on transparent offering to the clients and trading community, while traders will get unparalleled and well-developed technology for its greater success.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. Global award-winning brokerage Axiory has launched a new website that has been a part of the company’s plans since 2020. This new website represents the evolution of the Axiory brand with its modern approach to investments and finance. The website is now carries a sporting a brand new evidence based technical analysis vibrant look, with brighter colours and an entirely… Of course, you will remain updated under any circumstances about your trading progress or market conditions with available Mobile Platform. Free and simple to use apps suitable for iPhone and Android devices, also based on the MT4 engine or cTrader app is also quite comprehensive and allowing you good conditions right at your phone.

With Axiory, traders have access to some of the largest Forex markets around the world. This is possible with the help of trading platforms like MetaTrader 4 and cTrader, which are considered to be industry leaders. Their spreads are low compared to other brokers I checked and they do not charge any commission, except for nano account traders. Their forex alerts and signals very good, come consistently and helped me at times. Also, I have got good support when I reach out to their customer support people. I am highly recommending this broker because they have made my trading easy.

Is Axiory safe?

They also use most advanced technologies to provide the most convenient tools and services since they believe traders’ profit guarantees they success in their business. Traders would have access to utilize sound account and market analyses inside this platform. They strive to provide a customizable trading environment in which traders can utilize different trading platforms and high-tech tools and features. To open an Islamic account, first, create any of the 3 account types and then contact the support team. When open positions are maintained overnight, Axiory charges a fixed commission depending on the trading instrument.

MetaTrader 4 is one of the best-known trading platforms in the world of Forex trading, it is used by more than 90 percent of all Forex brokers and not for the wrong reason. 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. Axiory is a trustworthy Forex broker, striking a balance between a light regulatory environment enhanced by additional security measures. Traders may select between the MT4 and cTrader trading platform, and three account types.

Axiory is upfront, and each month discloses its trading statistics. Should Axiory declare bankruptcy, your funds are safe and will be compensated for by a third-party auditor. The price you get is that quoted directly from the liquidity provider with no intervention or price manipulation.

Forex Peace Army

This one is created for regular Forex traders who are not looking for much of specific services in the broker. There are many tools that you can use while trading Forex with a Standard account at Axiory that can make your trading experience a lot easier and successful. While trading CFDs, investors speculate on the price difference of the underlying asset. Axiory offers investors the ability to enter the CFD market with a very little amount of initial capital, thanks to the financial leverage that the broker offers. However, because of the leverage, traders could end up losing more than they have invested. Because of this, it is recommended to only trade with high leverage if you are sure that you know what you are doing.

Many traders also use this opportunity to try out their trading strategies and see which one works better for them. When you are using Axiory’s demo account, our review of Axiory broker shows that the company gives you a certain amount of virtual money, which you can use for trading. Once you have used all of the virtual money, you can ask the broker to give you more for more testing. To ensure that the funds of the clients remain safe, the agency requires brokers to keep the money of their investors on segregated accounts.

Our binance exchange review confirms that this is a reputable broker with a strong reputation. Founded in 2012 and based in Belize, Axiory allows you to trade forex and CFDs on indices, metals and commodities. Though this may seem like a limited product selection compared to other brokers, fair fees, great trading platforms, and regulation from IFSC make the broker worth your consideration. Continue reading our broker review to discover how Axiory caters to your trading needs.

Customer Review

Withdrawal requests may be honored within 1 to2 working days, although payment providers may take from 3 to 10 business days to make the money available. I made withdrawal and get rejected because my documents were not fulfilling the required conditions. Actually i have had an amazing experience in my trading with axiory.

They are fraudulent, and it should be classified by a fraudulent company, it is a blatant fraud, the process is simple and they deposit and close your account. And that a mail has been sent to you, you ask him about the mail, he does not answer. They cannot send it because they have no reason to close your account. They cannot invent a reason to close your account, which can be used in a complaint against them as evidence. Let other traders know if this service is worth checking or should be avoided. Axiory is also obliged to funds segregation means client funds are strictly separated from the company ones.

Overall, Axiory offers a wide range of payment methods, and deposits and withdrawals are free. Axiory offers many deposit and withdrawal methods available in EUR and USD. As a regulated broker, Axiory makes sure that all Anti-Money Laundering rules and regulations are followed. For a client, this means that deposits can only be made using a bank account or card registered in your name; no third-party deposits are allowed.

Trader Training

Similarly, the minimum deposit is $10 for Nano and Standard accounts as well. This minimum deposit is incredibly low, making the broker highly accessible and appealing to beginner traders who do not want to make a large commitment. Once you have created a trading account, it is time for you to make your payments. Payments at forex swing trading strategies pdf Axiory can be made with many different methods, such as credit/debit cards, online payments like Skrill and Neteller. You can make payments in either USD or EUR, and the commissions and processing times depend on the method you are using. For those paying with credit/debit cards, there are no commissions or processing time.

During news events or the opening of the markets, spreads may be wider. Or they can rapidly become much narrower, mainly when there the trading session is busier than usual. However, trading conditions and spreads vary by account type, so you should factor this in when selecting which platform to use on Axiory.

Launched in 2011, Axiory is a leader in the fintech industry and has been serving traders across the globe since 2012. Through two brokerages , Axiory has created a savvy, friendly, and intuitive space for online trading and investments where clients’ needs always come first. Axiory traders are privileged to a broad scope of trading services, including the Axiory CopyTrade App, a dedicated investment account, four industry-leading trading platforms, and 100s of CFD products. Education, webinars, trading events, and market news are provided through the company’s dedicated website, Axiory Intelligence.

In recent years, the regulatory body has taken some steps to better the regulatory situation, and they are planning to adopt even stricter regulations in the future. However, this is not as strict when it comes to regulations as other agencies on the market, like FCA of the UK, or CySEC of Cyprus. However, still, many brokers choose to be registered with this regulator.

Deposit and withdrawals

In addition, there are many people who use this opportunity to deepen their knowledge in Forex trading in general. MT4 is best known for the huge market that it gives access to traders. There are more than several dozens of currency pairs available at MetaTrader 4. Also, MT4 was able to get a huge following in the Forex world over the last few years, because of this, it is very easy to find any type of information that you might be looking for online. MetaTrader 4, also known as simply MT4, is one of the most popular trading platforms around the world. Most of the brokers, 90 percent of them, use this trading platform, because of which, everyone who has ever had to do something with Forex trading has heard about this platform.

CTrader is a very popular trading platform which is being used by several Forex brokers around the world. Although it is not as popular as MT4, it is still very actively used by many. CTrader is known for its leading multi-asset Forex and CFD offerings, rich charting tools, and advanced order types. Besides, unlike MT4, it was recently released, because of which the interface looks a lot better and modern. For all intents and purposes, the IFSC is not considered a forex broker regulator and applies no supervision of any CFD trading-related activities. Clients must rely solely on the reputation of Axiory, as no additional measures exist to ensure client protection.