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Axiory Review & Opinions: Is it Reliable and Safe in 2021?

3.7 / 5

Axiory is a global broker, established in 2011. Axiory’s core mission is to be customer-centric, and offer traders an intuitive, innovative, and friendly space to access CFDs and forex markets. Its goals are not only driven by the market but also by feedback from partners and traders. By putting clients’ needs first and localizing services to best serve traders, Axiory grew into an industry leader that’s trusted by both beginners and seasoned traders from across the globe.

General Information

Axiory was conceived in 2011 with the intention of creating a space for traders to access the market with fair conditions and excellent support. Since 2012 Axiory has served clients from across the globe as it expanded its services and presence. With an IFSC license, Axiory is headquartered in Belize and has an office in the heart of Dubai where a local team caters to the needs of GCC clients.

Its customer-centric approach has led to several award wins for the broker, including Excellence in Customer Service, Most Transparent Broker, Best Customer-Centric Forex Brand and Best CEO in the FX Brokerage Industry. The broker’s core values are fairness, transparency, care for all stakeholders, traders being the most important. This has enabled Axiory to grow from a small broker in 2012 to a global industry leader with thousands of loyal traders.

Advantages and Disadvantages

Competitive trading conditions: that combine low spreads starting from 0 pips and leverage up to 1:777 on its Max Account.

Modest minimum deposit requirements: traders can start trading with as little as 50 USD.

Award-winning customer service: which have remained solid over the years.

Convenience and usability: traders can open a live trading account in less than 10 minutes thanks to the automated smart registration system.

The most competitive payout in the industry: partners can join Axiory’s $1000 CPA plan.

Geographic limitations: unfortunately, due to its licensing Axiory doesn’t accept clients from the USA and Canada.

Trading Conditions

Axiory offers trading conditions that are designed to work in the traders’ favor, combined with risk management tools to keep trades in-check. Here’s the list of trading conditions offered at Axiory:

  • Spreads as low as 0 pips;
  • Leverage up to 1:777;
  • Minimal slippage;
  • Positive slippage;
  • Fast execution;
  • Negative balance protection.

Underlying Assets

Axiory currently offers assets in 4 asset classes; FX, indices, metals and energies. Traders can choose from 60 FX pairs, (majors, minors and exotics), 10 world-class indices, a collection of metals (gold, silver, palladium and platinum), and the world’s most prominent energies (Brent, WTI, Natural Gas, and the WTI & Brent Indices).

Trading Platform

Axiory offers traders a choice of trading platform, between the benchmark MetaTrader (MT4) and the savvy cTrader platform. Both platforms are available on desktop, mobile, and web. All assets and account types can be traded on either platform.

Mobile Trading

Both the MT4 and cTrader platforms can be downloaded on Android and iOS devices for fast on-the-go trading.

Demo Account

Axiory offers an all-inclusive demo account that allows traders to experience trading with Axiory without risking any capital. The demo account comes with $10,000 in virtual money and can be adjusted to offer any account type, leverage, or trading specs a trader needs.

Axiory demo accounts are unlimited, meaning traders can have them for as long as they’d like and they can open multiple demo accounts, with or without having a live account. Here are some of the advantages of Axiory’s demo account:

  • 10,000 virtual trading dollars – or equivalent in other currencies;
  • Choice of base currency – EUR or USD;
  • Choice of account type;
  • Flexible leverage for accurate testing;
  • Choice of platform – MT4 & cTrader;
  • Full use of tools, EAs and indicators;
  • Free access to technical and fundamental analyses;
  • The full support of Axiory’s customer care team;
  • Multiple demo accounts allowed;
  • Keep your demo alongside your live account.

Account Types

At Axiory traders can choose between 3 account types. All account types are designed to offer traders fair access to the markets, education, free webinars, swap-free trading, and corporate accounts. The main specs of each account are as follows:

Nano Account – average spread EUR/USD 0.2, leverage up to 1:400, commission 6 USD per lot.

Standard Account – average spread EUR/USD 1.2, leverage up to 1:400, no commission.
Max Account – average spread EUR/USD 1.8, leverage up to 1:777, no commission.

In addition to retail accounts, Axiory offers partner accounts with multiple plans including a $1000 CPA plan, the most competitive payout in the industry. Partners can also choose lot-rebate and hybrid plans.

Opening an Account

Opening an account with Axiory is as easy as it gets, and can be done in less than 10 minutes thanks to a smart onboarding system. While maintaining all legal guidelines and obligations, the process can be entirely completed with a smartphone, by simply uploading an image of the Proof of ID and Proof of Address.

Funds Withdrawal

Axiory offers reputable and international funding methods that cater to the needs of different clients. From wire transfer, e-wallets, and even e-vouchers. Traders can deposit and withdraw funds via the following methods: Credit/ debit cards (Visa, JCB), wire transfers, Sticpay, BitPay, Neteller, Skrill, Vload, ThunderXPay (local Thai Wire Transfer).

It is important to note, that for transactions below 200 USD this Axiory charges a 15 USD (or EUR) transaction fee and some of the payment providers can charge a separate fee on deposits and withdrawals. There will also be an exchange fee for changing currencies during the deposit or withdrawal process.

Trader Training

Axiory traders are treated to ongoing webinars with mini webinar-series which are focused on specific events such as the elections or coronavirus. The webinars give traders direct access to Axiory’s technical analysis team and even to CEOs of major industry players such as Autochartist and the independent news portal Axiory Intelligence.

Aside from the webinars, Axiory offers a Trading Academy with dozens of lessons that cater to both beginners and seasoned professionals. The academy is constantly updated to cover more valuable lessons for traders.

Should I Trade with Axiory?

Based on their product offering, trading conditions, commitment to transparency, constant evolution, and putting clients first, Axiory has proven itself to be a trustworthy broker, for close to a decade. Based on all the upgrades it has done over the past year alone it’s easy to see that this is just the beginning and traders are in for constant surprises, improvements and upgrades that’ll enhance their trading experience.

In addition, the company’s reputation is backed by multiple awards and positive reviews on forums and websites, including TrustPilot. So, we can say Axiory is a solid broker for traders of all levels.

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Axiory Review & Opinions: Is it Reliable and Safe in 2021?

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