Axiory review (2022) Review
An international Forex and CFD broker were established in 2012 in Belize. They offer the MetaTrader 4, MT5 and cTrader platforms. Axiory is licensed and regulated by the International Financial Services Commission (IFSC) in Belize and they are also obliged to funds segregation meaning that client funds are strictly separated from company funds. They offer a demo account, tight spreads and low commissions. There is also a live chatbot ready to answer any of your questions on the website.
What can be traded
Axiory is a CFD and Forex broker. You may trade:
- Stock CFD`s
- Stock indices
They offer a few Axiory accounts and a demo account. You`ll also find tools like Axiory Strike indicator, autochartist and fxSimulator. Accounts offered:
Axiory Global Limited is licensed and regulated by the International Financial Services Commission (IFSC) of Belize. The broker is transparent about its regulatory requirements. It also publishes monthly statistics, as well as being audited annually. Axiory segregates funds in a separate account and also provides negative balance protection.
Axiory demo account
Demo accounts are one of the best ways to educate yourself in investing. It’s a virtual account, very close to an active one. It usually comes with pre-loaded money for you to trade with and it’s free of charge. With an Axiory demo account, you can trade with real market conditions and optimize your trading conditions so you can get the real forex trading experience without taking any of the financial risks. Their demo is free of charge and preloaded with 10 000 USD, there is no expiration.
Cost depends on different factors, like spreads and margins. There are no high Forex trading fees and the non-trading fees are practically non-existent. No deposit or withdrawal fee, no inactivity fee, no account fee and Low minimum deposit required.
The registration process with Axiory
To open an account, you need to register. It’s very simple to find. At the top right corner, you have the “Join” button. If you want to start with a demo, like me, go into “trading Conditions” in the main menu and register. A short form comes up, they need you to type in your name, surname, email address and telephone number. This was filled in a minute.
After filling it in, one would say “Elvis has left the building”. I cannot open a demo account because of my residence.
I cannot also sign up if I`m from the USA or GB.
Axiory trading platforms
The broker offers the MetaTrader 4 (MT4) and MT5 trading platforms, which host a range of features:
- Customisable indicators & tools
- Financial news & economic calendar
- Expert Advisors (EAs) & Market Watch
- Historic data
They also offer cTrader. It is newer than MT4 and boasts multiple useful features. MT4 is the world’s most popular trading platform. All tools and platforms are available for free to Axiory clients.
The brokers’ website
I found their website easily. You can choose to have the website in different languages. The website design is nice, clean and well organised. Customer support is available between Monday and Friday from 11 am to 7 pm, and can be accessed via e-mail, webform, phone, and live chat. Some information could be highlighted a bit more, like the account types for example or fees. I had problems looking for this information. Also, the regulation could be seen more. The colors work well and the whole website is functional. The main page of the website shows you the main reasons why to trade with them. At the top, you have the main menu and a permanent link to register for a live or demo account. Thumbs up. In the menu, you`ll find:
- Why Axiory
- Trading conditions
- Platforms and tools
- About Axiory
- Trading resources
There is a quality mix of research and education. Research and analysis are available from the Market News and Technical Analysis sections, and you will also find regularly published trading ideas. There is a deep educational portal at the Trading Academy for Beginners, where dozens of well-thought-through articles introduce the world of trading to newbies.
Through their website you can get to their Facebook, Twitter, Linked In, Instagram and YouTube account. FB is up and going, they post several times a day and have over 10 000 followers. The same posts that appear on Twitter and YouTube have many videos to go through. Webinars, Trading sniper videos and Traders Edge markets briefing.
Advantages and disadvantages of Axiory
New traders have access to an excellent educational platform, and Axiory offers regular trading ideas to clients. Their tools are brilliant, and you may select between the MT4 and cTrader trading platforms. Their educational support is one of the best and they are a good choice for both beginner and expert traders. But the downside is, that the USA, GB or us, in the Czech Republic, can`t trade with Axiory. Some information was hidden on their website and I would highlight the account options and regulations a bit more. The markets offered may not be as extensive as those at other brokers, but when you look at the support you get and tools, it’s a string provider.
- Not able to trade in my jurisdiction
- Fees are hidden on the account
- Limited market
- Awards aren`t visible
- Demo account
- Good educational support
- Great tools available
Pros / Cons