Axiory Broker Review

Author By Jeffrey Cammack
Updated: January 27, 2022
Overall Rating
4.09 4.09 / 5
ūüŹ¶¬† Min. DepositUSD 10
ūüõ°ÔłŹ¬† Regulated By
ūüíĶ¬† Trading Cost¬†
USD 8
‚öĖÔłŹ¬† Max. Leverage777:1
ūüíĻ¬† Copy Trading
ūüĖ•ÔłŹ¬† Platforms
ūüíĪ¬† Instruments¬†
AlertAccepts Nigerian Clients. Average spread EUR/USD 0.20 pips on trading account with lowest minimum deposit of 10 USD. Max leverage 777:1. Islamic account available. MT4, MT5, cTrader platforms supported. Axiory is regulated by IFSC - Belize.
Last updated on 27 Jan 2022
by Editorial Director Jeffrey Cammack
Jeffrey Cammack

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Our verdict on Axiory

With a wide range of trading accounts available on three of the most popular trading platforms (MT4, MT5, and cTrader), Axiory appeals to beginner traders with its low minimum deposit requirements and strong educational support. 

Axiory’s educational and market analysis materials are well-organized, detailed, and in-depth, a real benefit to beginner traders. Webinars are run bi-weekly by industry experts, and Axiory’s trading academy offers courses, articles, and tutorials, among other materials. 

Axiory offers a wide range of tradable assets, including over 60 Forex pairs. All trading accounts have a minimum deposit of 10 USD, and trading costs that range between 8 USD and 18 USD per lot of EUR/USD traded, which is average compared to other brokers. 

One drawback is that although Axiory is an international broker, it is only regulated by the¬†IFSC¬†in¬†Belize¬†‚Äď so¬†regulatory¬†oversight is weak compared to other similar brokers.

ūüŹ¶¬† Min. DepositUSD 10
ūüõ°ÔłŹ¬† Regulated By
ūüíĶ¬† Trading Cost¬†
USD 8
‚öĖÔłŹ¬† Max. Leverage777:1
ūüíĻ¬† Copy Trading
ūüĖ•ÔłŹ¬† Platforms
ūüíĪ¬† Instruments¬†

Overall Summary

Regulation
111003/ 5
Trading Conditions
111115/ 5
Trading Platforms
111115/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
11110.54.5/ 5
Assets Available
1110.503.5/ 5
Customer Service
111003/ 5
Beginner Friendly
Excellent
Welcome Bonus

Account Information

Base Currencies
USD, EUR
Number of FX Pairs
62
Crypto Pairs
0
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Tera
Trading Desk
Commission
6 USD / lot
EUR/USD
0.30 pips
GBP/USD
0.70 pips
USD/JPY
0.50 pips
Negative Balance Protection

Company Details

Company Name
Axiory Global Ltd.
Founded
2011
Website Language
English, Arabic, Russian, Thai, Vietnamese, Chinese, Spanish
Support Language
English, Arabic, Russian, Thai, Vietnamese, Chinese, Spanish
Office Locations
United Arab Emirates, Belize

Pros

  • Great platform choice
  • Tight spreads
  • Fast and free withdrawals

Cons

  • Poorly regulated
  • Limited demo account
  • High minimum deposit
  • High commission

Is Axiory safe?

Axiory’s safety cannot be confirmed, as it only maintains regulation from the IFSC of Belize, which is not considered a Forex broker regulator, and the FSC of Mauritius. 

Founded in 2011, Axiory is headquartered in Belize and regulated by the International Financial Services Commission (IFSC).  Its copy trading platform is a white label of London & Eastern LLP, and is authorised and regulated by the FCA (note that the copy trading account will be available in the near future):

  • Axiory Global Ltd is an international broker regulated by the IFSC, license No. 000122/15.
  • The Axiory CopyTrade platform which is a white label of London & Eastern LLP, is authorised and regulated by the FCA, license No. 534484.

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. However, in a show of good faith, Axiory segregates all funds from the company’s operating capital and it offers negative balance protection to all its clients.  However, as Axiory is not regulated by the FSCA, Nigerians are not protected under any local investor protection schemes.  

Axiory also participates in a compensation scheme through the Financial Commission, and client deposits are protected up to a maximum of 20,000 USD per trader.  

Overall, because of its long history of responsible behaviour, segregation of client funds, and provision of negative balance protection, Axiory seems like a safe broker to trade with, but due to the lack of regulatory oversight, this cannot be confirmed. 

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Group Regulators
Trading Desk
Website
Year Founded
Office Locations
Additional Fees
IFSC
FSC
Market Maker
2011
United Arab Emirates, Belize
No

Trading Fees

Axiory’s trading fees are, on balance, average compared to other brokers.

Unlike other brokers with a range of accounts with higher minimum deposits linked to tighter spreads, Axiory offers four forex trading accounts all with a minimum deposit of 10 USD.  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. The accounts are also linked to different platforms (MT4, MT5, or cTrader).

Axiory’s accounts were assessed to compare the costs to those of other Forex brokers.  The costs were evaluated based on the trading fees on one lot (100 000 USD) on the EUR/USD, including the spreads and commission.  

When making this calculation, we used one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread.

Trading Cost Formula: Spread x Trade Size + Commission = Cost in Secondary Currency (USD):

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Trading account
Min. Deposit
Min. Spread EUR/USD
Commission
Trading Cost (USD)
Alpha
USD 0
0
N/A
N/A
Max
USD 10
1.80
Spread Only
18.0
Nano
USD 10
0.20
6 USD / lot
8.0
Standard
USD 10
1.20
Spread Only
12.0
Tera
USD 10
0.20
6 USD / lot
8.0

As you can see from the table above, trading costs on Axiory’s Nano and Tera Accounts are lower than those on the Standard and Max accounts, and lower than those of other brokers. Most other market maker brokers have an average trading cost of 9 USD per lot of EUR/USD traded.  Additionally, all trading accounts have a minimum deposit of 10 USD, making them accessible to all traders.

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Broker
Trading Conditions
Base Currencies
EURUSD (Standard)
Trading Cost (Standard)
EURUSD (Best)
GBPUSD (Best)
USDJPY (Best)
Commission
Axiory
111115/ 5
USD, EUR
0.20 pips
USD 8
0.30 pips
0.70 pips
0.50 pips
USD 6
eToro
111104/ 5
USD
1.00 pips
USD 10
1.00 pips
2.00 pips
1.00 pips
USD 0
CM Trading
111104/ 5
EUR, USD
1.50 pips
USD 15
1.70 pips
2.60 pips
1.70 pips
USD 0

Swap Fees

Another important cost to consider is the swap rate charged on positions held overnight.   Interest is paid (or received) for each night a position is held. When trading a currency, you are borrowing one currency to purchase another. The swap interest fee is calculated based on the difference between the two interest rates of the traded currencies.

The swap rates are published alongside each instrument in the trading specifications tab on the website.  Axiory also provides a convenient swap calculator.  

The swap fee calculation is as follows:

Point size * contract size * lots * swap value * conversion rate to account currency 

For example, the swaps on a long position of 1 lot of EUR/USD are -4.37 USD, and -0.18 USD on a short position.

Overall, Axiory’s non-trading fees are average compared to other similar brokers, and its accounts are accessible to traders of all experience levels.  

Axiory’s Non-trading Fees

Axiory’s non-trading fees are lower than other similar brokers.

Some of the most overlooked trading costs are the non-trading fees that are charged by brokers.  These fees can significantly affect your profitability and so should be carefully scrutinised.

At Axiory no fees are charged for deposits or withdrawals, and Axiory does not charge inactivity fees on dormant accounts.  Dormant accounts will, however, be closed after three months of account dormancy.

Overall, this is a welcome development in an industry that charges fees on most transactions.  

Opening an Account at Axiory

The account-opening process at Axiory is easy, hassle-free, and fully digital.

All Nigerian traders can open an account at Axiory but will need to meet the minimum deposit amount of 10 USD on each account to do so.

Creating an account is straightforward, the process is fully digital, and accounts are usually ready within one day.  Axiory offers both individual and corporate accounts, but for the purposes of this review, we will focus on opening an individual account:

  1. First, click on the ‚ÄúSign Up‚ÄĚ button at the top right-hand corner of the Home Page.
  2. Axiory’s intake form requires clients to fill in their personal details (including name, country of residence, email address, birth date, and create a password). A verification code will be sent to the registered email address. 
  3. At this point, traders will have access to the demo account, which comes preloaded with 10,000 USD in virtual funds.
  4. Traders can then open a live account, and choose their account settings, including platform (MT4, MT5, or cTrader), account type (click here for more on Axiory’s account types), base currency (EUR or USD), and level of leverage (up to 400:1).
  5. Traders will then have to complete their personal information.
  6. Axiory requires individuals to submit a copy of their National ID, Passport or driver’s licence with the signature page.
  7. Once this step is complete, clients are required to fill out a questionnaire that helps Axiory assess the trader’s investment knowledge, experience, and expertise to deem the suitability and relevance of the services on offer. While most brokers don’t include this step in the account-opening process, it is a responsible move in an industry that is often accused of an irresponsible approach to consumer protection.
  8. Lastly, traders will have to submit a document proving their residence.  A proof of residence/address document must be issued in the name of the account holder within the last 3 months and must contain a trader’s full name, current residential address, issue date, and issuing authority.
  9. We advise you to read Axiory’s risk disclosure, customer agreement, and terms of business before you start trading. 

Once all the documents have been received, the account will be ready for trading within one day.  

Overall, Axiory’s account opening process is fast, hassle-free, and fully digital compared to other similar brokers.

Axiory’s Trading Account

Axiory offers five live accounts, a broader range than other brokers, and its accounts are suitable for both beginners and more experienced traders.  

Axiory offers trading on seven different instruments, including Forex, metals, energies, indices, stock CFDs, shares, and ETFs (click here for more on Axiory’s tradable instruments) on the MT4, MT5, and cTrader platforms.

Axiory offers four Forex accounts and a share trading account (which will not be the focus of this review), and all accounts, except for the shares account, have a minimum deposit requirement of 10 USD, making them accessible to beginner traders.

We define beginner traders as inexperienced traders who have never traded before or have been trading for less than a year. Beginners often do not want to risk trading large sums of money, and will generally not be able to trade full-time during the workweek.  

In general, experienced traders tend to prefer accounts with higher minimum deposits and tighter spreads, which is not available at Axiory.  However, Axiory offers a low-cost trading environment on two of its accounts, making it appealing to more experienced traders. 

Axiory allows copy-trading, hedging, and scalping, but accounts are only denominated in EUR and USD. Axiory also offers Islamic Swap-Free options on all accounts.  Note that if a position is open overnight, a commission is charged instead of a typical swap. The commissions and holding period are subject to change according to market conditions and when necessary.

Nigerian traders can access leverage of between 400:1 and 777:1 depending on the account type. 

Clients should be aware that whenever the amount of funds on the Trading Account falls below 50% (fifty percent) of the required transaction margin for opened positions, Axiory has the right to close one or more of the open positions without the client’s consent in order to reduce sufficiently the required transaction margin. See below for account details:

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Display Name
Min. Deposit
Max. Leverage
Min. Spread
Commission
Alpha
USD 0
1:1
0
N/A
Account Details
Max
USD 10
777:1
1.80
Spread Only
Account Details
Nano
USD 10
400:1
0.20
6 USD / lot
Account Details
Standard
USD 10
400:1
1.20
Spread Only
Account Details
Tera
USD 10
400:1
0.20
6 USD / lot
Account Details

Nano Accounts

The Nano Account boasts favourable trading conditions for beginner traders, with variable spreads at 0.20 pips, a 6 USD/lot commission, and maximum leverage of up to 400:1.  The Nano Account is available on the MT4 and cTrader platforms, and the minimum transaction is 0.01 lots.

Standard Account

The Standard Account is a commission-free account with optimal trading conditions. Spreads average at 1.2 pips on the EUR/USD, which is in line with other similar brokers.  Again, support is offered for both the MT4 and c-Trader platforms, and the maximum leverage is up to 400:1 on this account.  

Max Account

Like the Standard Account, Max accounts are commission-free accounts, with an average spread of 1.8 pips on the EUR/USD, which is wider than other similar brokers. ¬†Trading is also offered on the MT4 and cTrader platforms, but this account offers the highest leverage ‚Äď of up to 777:1.

Tera Account

The Tera Account is the only Forex account available on the MT5 trading platform. Trading conditions are similar to the Nano account, with spreads that average at 0.20 pips in exchange for a commission of 6 USD per lot, and leverage of up to 400:1.  

Alpha Account

The Alpha Account is an MT5-only share trading account.  There are no minimum deposit requirements on this account and because it is a share account, traders become shareholders.  Shares are unleveraged products, and as such, leverage is up to 1:1.  

Demo Accounts

Axiory offers demo accounts that mimic real market trading conditions, where one can test various trading strategies without taking on any financial risk.  Demo accounts are unlimited, and Axiory provides a starting balance of 10,000 virtual trading dollars.  One also can try out the various account options, trading platforms, Axiory tools and gain access to all technical and fundamental analyses.  

Overall, Axiory provides a range of accounts all with a minimum deposit of 10 USD, available on different platforms.  The trading conditions are also average compared to other brokers, and the accounts are suitable for both beginners and more experienced traders. 

Deposits and Withdrawals

Axiory offers a wide range of withdrawal methods compared to other brokers, and no fees are charged for deposits or withdrawals.  

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. Withdrawals must be made to the same account or method where the funds originated. 

Axiory offers a wide range of funding methods, including credit cards or debit cards, bank wire transfers, and various e-wallet payment methods (Skrill, Neteller, Sticpay, vLoad). Although most deposits are processed instantly, withdrawals by bank transfer and credit/debit cards can take 3 ‚Äď 10 days to be processed. ¬†Additionally, traders should be aware that AXIORY reserves a maximum period of 5 (five) working days, starting at the moment of placing a withdrawal request by Client before the funds are transferred to the Transaction Account of the Client. The period serves for Verification of the Client placing the request and the amount of funds remaining on the Trading Account. See below for more details.¬†

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Funding Method
Base Currency
Deposit Fees
Withdrawal Fees
Processing Time
Visa
EUR, USD
None
None
Deposits are instant, withdrawals are processed within 3 - 10 days.
Unionpay
EUR, USD
None
None
Deposits are instant, withdrawals are processed within 3 - 10 days.
Bank Transfer
EUR, USD
None
None
Deposits are instant, withdrawals are processed within 3 - 10 days.
SticPay
EUR, USD
None
None
Deposits and withdrawals are instant.
Neteller
EUR, USD
None
None
Deposits and withdrawals are instant.
Skrill
EUR, USD
None
None
Deposits and withdrawals are instant.
VLOAD
EUR, USD
None
None
Deposits and withdrawals are instant.
JCB
EUR, USD
None
None
Deposits are instant, withdrawals are processed within 3 - 10 days.

Please see the website for further deposit and withdrawal methods.

Overall, Axiory offers a wide range of payment methods, and deposits and withdrawals are free.  Payment processing times are around average.

Base Currencies (Trading Account Currencies)

Axiory offers two base currencies, which is limited compared to other brokers.

At Axiory, traders can only choose from two base currencies: USD and EUR. This is limited compared to most other international brokers, who usually allow accounts to be denominated in between 5 ‚Äď 10 base currencies. ¬†

Only having accounts denominated in USD and EUR is hugely limiting for traders, and especially for Nigerians who will likely have bank accounts denominated in NGN.  This means that Nigerians will have to pay conversion fees on all deposits and withdrawals. Conversion fees can make trading expensive, and affect profitability. 

Additionally, some traders may want to have multiple accounts with different base currencies to avoid paying conversion fees.  However, because Axiory accounts are only denominated in USD and EUR, this is not possible.  

In this case, it is better to open an account at a digital bank.  Digital banks offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers. 

Trading Platforms

With MT4, MT5, and cTrader all available, Axiory offers support for more trading platforms than most brokers. 

Axiory offers support for the MetaTrader4 (MT4), Metatrader5 (MT5), and cTrader platforms. These platforms allow for a smooth trading experience with all the necessary trading tools and resources on hand to conduct research and analysis, enter and exit trades, and use third-party automated trading software.   

All platform choices are free to use, all can be downloaded to your PC or Mac and all have web versions of the platform. All platforms are also available on mobile Android and iOS devices, for more on Axiory’s mobile trading platforms, please click here.

MT4

While not the most beginner-friendly software, MT4 has been the industry-standard platform for trading Forex and CFDs since 2005. Its intuitive interface and user-friendly environment provide essential tools and resources for successful online trading.    Features of the MT4 include:

  • A built-in library of more than 50 indicators and tools to streamline the analysis process.
  • An impressive array of analytical tools, available in nine timeframes for each financial instrument.
  • Live price streaming on live accounts and demo accounts 128-bits encryption for secure trading
  • Algorithmic trading, which allows any trading strategy to be formalised and implemented as an Expert Advisor.¬†
  • Customisable alerts
  • Access to MetaTrader market and MQL4 community¬†

NAGA MT4

MT5 

The MT5 trading platform is being adopted by more Forex brokers all the time; it has a more modern interface, allows for an unlimited number of charts to be used, shows Depth of Market, and has a built-in Economic Calendar. It also has a larger number of pending order types than MT4 and features an embedded chat system. Additionally, the MQL5 scripting language is more efficient than its precursor, and MT5 has more advanced charting tools than MT4.  Note that the MT5 platform is the only one on which traders can trade real shares. Other features of MT5 include:

  • Optimised processing speeds
  • Share trading
  • Built-in economic calendar
  • 21 timeframes.
  • 38 inbuilt indicators.

Axiory provides a selection of installation guides and videos on how to set up the various platforms.

c-Trader

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. 

Key features of the cTrader platform include:

  • Detailed trade analysis, including the analyze tab, which provides an overview of the performance of your account
  • Large range of indicators
  • Advanced platform customisation with cTrader Automate (formerly cAlgo)
  • The ability to add multiple take-profit orders.
  • Comprehensive educational videos are available within the platform.

Axiory also provides a range of helpful videos to help traders make the most of the cTrader platform.

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Broker
Platform Choice
Copy Trading
Platforms
eToro
111104/ 5
etoro
CM Trading
111104/ 5
Sirix

Mobile Apps

Axiory’s mobile platform support is better than other similar brokers.

Available for both of the most popular operating systems, mobile apps give traders the freedom to trade anywhere, anytime. 

  • MetaTrader‚Äď MT4/MT5 users enjoy the same technical features as desktop apps, including customisable charting tools, full trading history, and access to trading robots. However, traders should note that there is some loss in functionality when compared to the desktop trading platforms, including reduced time frames and fewer charting options.
  • cTrader¬†‚Äď cTrader offers handy features including pinch-to-zoom, fling scrolling, and double-tap action to re-centre charts, as well as in-app notifications on mobile and tablet formats.

Trading Tools

Axiory’s trading tools are excellent compared to other similar brokers.

Axiory offers a good range of technical analysis tools, including Autochartist, Axiory Strike Indicator, MT4 Custom Indicators, and various trading calculators.

AutoChartist

Free for all Axiory clients, no matter the account balance, Autochartist is a popular third-party trading tool.  Autochartist continuously scans markets and automatically recognises trade setups based on support and resistance levels. Once an opportunity has been identified, traders are alerted.  Some of Autochartist’s key features are:

  • Chart pattern recognition
  • Fibonacci pattern recognition
  • Key level analysis
  • Pattern quality indication¬†

Autochartist is one of the most valuable tools on the market.

Axiory Strike Indicator

Using a sophisticated mathematical model, the Strike Indicator helps traders identify the start of a trend. It is free for all Axiory clients.

MT4 Custom Indicators

MT4 technical indicators are powerful technical analysis tools that help you identify market trends. With custom indicators, you can automate your technical analysis for day-to-day trading activities. Get customised indicators provided by Axiory or develop your custom indicators and trading robots using the MQL4 language. 

Trading Calculators

Axiory offers five trading calculators:

  • Margin Percentage Calculator:¬†With Axiory‚Äôs Margin Calculator, traders can calculate exactly how much margin is required in order to guarantee a position that they would like to open and adjust its size accordingly.¬†
  • Currency Converter Tool:¬†Axiory‚Äôs currency converter tool uses real-time market rates as presented in the Axiory trading platforms and applications.¬†
  • Pip¬†Value Calculator:¬†The PIP¬†Calculator allows traders to find out the exact value of their trading positions in the currency of their trading account.
  • Swap Rates Calculator:¬†¬†The Swap Rate Calculator helps traders calculate the fee they will be charged based on the instrument they are trading, the account currency, and trade size.¬†
  • Profit Calculator:¬†This is a profit and loss calculator. You can use it to find out how much you will either lose or gain in case your stop-loss and/or take-profit levels are reached.¬†
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Display Name
Research Team
Daily Market Commentary
Forex News
Analysis Webinars
Axiory
In House
eToro
None
CM Trading
In House

Axiory’s Financial Instruments

Unlike many brokers, Axiory no longer offers cryptocurrencies to trade, but it does have a larger number and wider range of assets to trade than most other CFD providers.

Axiory offers over 350 CFD trading instruments. However, traders should note that real share trading is only available on the MT5-only Alpha Account. Besides Forex pairs, Axiory offers metals, energies, indices, shares, share CFDs, commodities, and ETF trading.

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Financial Instrument
Number of Assets
Leverage
Cryptocurrencies
Energies
5
20:1
Stock CFDs
78
1:1
ETFs
68
1:1
Forex
62
777:1
Indices
10
100:1
Metals
4
100:1
  • Forex pairs:¬†Axiory¬†offers¬†62¬†Forex pairs to trade, including majors, minors, and exotics such as USD/ZAR and ZAR/JPY. This is a substantial number of Forex¬†pairs. ¬†
  • Metals:¬†Axiory¬†offers silver and gold crosses with both the EUR and USD as well as palladium and platinum futures. This is an average selection of metals compared to other brokers.¬†
  • Energies:¬†Axiory¬†offers spot and futures contracts on 5 energies, which is average compared to other brokers. ¬†
  • Indices: Axiory¬†offers spot and futures contracts on a range of international indices, including the NASDAQ, S&P500, FTSE100, DAX30, and the Nikkei. This is a broad range of indices compared to other brokers.¬†
  • Share CFDs: Axiory¬†offers¬†78¬†share CFDs, which is average compared to other large international brokers. ¬†The selection available includes some of the major US, UK, and European Exchanges.
  • Exchange Stocks:¬†Axiory¬†offers¬†122 exchange stocks to trade, including popular US tech companies, and multinational energy companies. Stock trading is only available on the MT5 Alpha¬†Account. ¬†
  • ETFs:¬†Exchange Traded Funds have rapidly gained in popularity in recent years, and Axiory¬†offers spot contracts on 68 of the most traded ETFs in the world. Again, ETF¬†trading is only available on the MT5 Alpha Account.

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 for Beginners

Axiory has a well-organised and extensive range of educational materials for beginner traders.  Its market analysis section is also comprehensive, providing up-to-date fundamental and technical analyses. 

Additionally, its demo accounts do not expire, and the customer service team is available during business hours, five days a week, for all client account and technical questions.

Educational Materials

Axiory’s educational materials are comprehensive and in-depth, but not as good as the best brokers in this space.

Axiory‚Äôs Trading Academy provides dozens of multi-leveled lessons through a series of rich educational articles. Its step-by-step, strategically categorized, and carefully designed articles are useful for beginner and experienced traders alike. ¬†It also offers a range of webinars covering topics such as ‚ÄėTrading Psychology,‚Äô ‚ÄėPractical Trading‚Äô and ‚ÄėMoney Management.‚Äô Webinars are run two to three times a week, and archives of previous webinars are available on Axiory‚Äôs Youtube channel. ¬†

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Broker
Beginner Course
Advanced Course
Well Structured Education
Education Quality
Webinars
Axiory
High
eToro
Low
CM Trading
Medium

Market Analysis Material

Axiory’s market analysis materials are excellent compared to most other brokers.

Axiory Intelligence prides itself on unique articles and material prepared by an in-house team of analysts and trading experts with years of experience in the industry. Everything published on its website is prepared, analyzed, and presented by its own team and is specially designed for traders. Market analysis materials include an up-to-date Trading Calendar, technical and fundamental analyse, an Economic Calendar, and a weekly market commentary.

Customer Support

Axiory offers multilingual support in 7 languages, and the customer support team is available during business hours, five days a week, via email, telephone, and live chat.  

For the purposes of this review, we found the customer support polite, helpful, and responsive.  The only downfall is that support is only available during business hours, whereas most other brokerages offer support 24 hours a day, five days a week.

Evaluation Method

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of how we review Axiory’s product offering. Central to that process is the evaluation of the broker’s reliability, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.

Risk Warning

Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. Axiory would like you to know that: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Overview

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. 

Axiory’s excellent educational and market analysis materials, and unlimited demo account give the inexperienced trader the tools they need to begin a trading career. One significant drawback for traders using Axiory is its poor regulation. 

AlertAccepts Nigerian Clients. Average spread EUR/USD 0.20 pips on trading account with lowest minimum deposit of 10 USD. Max leverage 777:1. Islamic account available. MT4, MT5, cTrader platforms supported. Axiory is regulated by IFSC - Belize.
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