Axiory 2025 Review: Everything You Need to Know
Axiory has garnered a mix of reviews from traders and experts alike, with many praising its competitive trading conditions and user-friendly platforms. However, concerns regarding its regulatory status and customer support availability have also been highlighted. In this review, we will delve into the key features and findings about Axiory, offering a comprehensive overview of its offerings.
Note: It is crucial to recognize that Axiory operates through different entities across regions, which may affect regulatory oversight and client experiences. This review aims to present a fair and accurate depiction of the broker based on various sources.
Rating Overview
We evaluate brokers based on a combination of user feedback, expert analysis, and factual data.
Broker Overview
Founded in 2011, Axiory has established itself as a global forex and CFD broker with headquarters in Belize. The broker operates under the regulation of the International Financial Services Commission (IFSC) of Belize and the Financial Services Commission (FSC) of Mauritius. Axiory offers its clients access to the popular trading platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, supporting a diverse range of trading instruments, including currency pairs, commodities, indices, and stocks.
Detailed Breakdown
Regulatory Regions
Axiory is regulated by the IFSC in Belize and the FSC in Mauritius. While these are recognized regulatory bodies, they are not considered top-tier compared to regulators like the FCA in the UK or ASIC in Australia. This has led to some concerns regarding the overall safety of funds and the level of investor protection available.
Deposit/Withdrawal Currencies and Cryptocurrencies
Axiory allows deposits and withdrawals in USD and EUR. However, it does not currently support cryptocurrency trading. The broker offers a variety of payment methods, including credit/debit cards, bank transfers, and e-wallets like Neteller and Skrill.
Minimum Deposit
The minimum deposit required to open an account with Axiory is just $10, making it accessible for new traders. This low entry point is attractive for those looking to start trading without a significant financial commitment.
Axiory offers a $25 no deposit bonus for new traders upon account verification, which can be an enticing incentive for potential clients. However, details regarding ongoing promotions or loyalty programs were not extensively covered in the sources.
Tradable Asset Classes
Axiory provides access to over 150 trading instruments, including:
- 60+ currency pairs
- 10 major CFD indices
- 78 stock CFDs
- Precious metals (gold and silver)
- Energy commodities (crude oil and natural gas)
This variety allows traders to diversify their portfolios and explore different markets.
Costs (Spreads, Fees, Commissions)
Axiory operates with variable spreads, with the nano account offering spreads as low as 0.2 pips. The standard account has spreads starting at 1.2 pips, while the max account averages around 1.8 pips. Additionally, the broker charges a commission of $6 per lot for nano and tera accounts. Importantly, Axiory does not impose any deposit or withdrawal fees, although clients should be aware of potential fees from payment providers.
Leverage
Axiory offers leverage up to 1:777, which is appealing for experienced traders looking to maximize their trading potential. However, such high leverage also comes with increased risk, and traders should be cautious when trading with high leverage ratios.
Axiory supports multiple trading platforms, including MT4, MT5, and cTrader. This variety caters to different trading styles and preferences, allowing traders to choose the platform that best suits their needs.
Restricted Regions
Axiory does not accept clients from several countries, including the USA and certain others due to regulatory restrictions. Prospective clients should check the broker's website for a full list of restricted regions.
Available Customer Support Languages
Axiory provides customer support primarily in English, with additional support available in Arabic. However, the support is only available from Monday to Friday, which may be a limitation for traders who require assistance outside of these hours.
Repeated Rating Overview
Detailed Breakdown of Ratings
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Account Conditions (7.5/10): Axiory offers a variety of account types, including nano, standard, max, tera, and alpha accounts, with a low minimum deposit requirement. However, the lack of PAMM or MAM accounts for passive investing is a downside.
Tools and Resources (8.0/10): The broker provides a range of educational materials and tools, including webinars, market analysis, and the Autochartist tool, which enhances the trading experience for both novice and experienced traders.
Customer Service and Support (6.5/10): Customer support is available through various channels, including live chat and email. However, the limited support hours may be a concern for some traders.
Trading Setup (7.5/10): Axiorys trading infrastructure is robust, with fast execution speeds and access to multiple trading platforms. The availability of high leverage is attractive, but traders should be mindful of the associated risks.
Trustworthiness (6.0/10): While Axiory is regulated by the IFSC and FSC, it does not hold top-tier licenses, which may raise concerns about the safety of client funds.
User Experience (7.0/10): The user interface of the trading platforms is generally well-received, but some traders have reported issues with platform stability during high volatility periods.
Additional Features (7.5/10): Axiory offers unique features like the Axiory Strike indicator and a comprehensive trading academy, which add value to the trading experience.
In conclusion, Axiory presents a competitive option for forex and CFD trading, particularly for those seeking low minimum deposits and a variety of trading platforms. However, potential clients should carefully consider the regulatory environment and customer support availability before opening an account.