All Share (J203) = 90 150
Rand / Dollar = 18.15
Rand / Pound = 23.53
Rand / Euro = 19.76
Gold (usd/oz) = 3 030.16
Platinum (usd/oz) = 990.99
Brent (usd/barrel) = 71.01
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Axiory Account Types

Axiory Account Types Review
 

Axiory provides 5 main accounts, the NANO account, a Standard account, a MAX account, a Terra account, and an Alpha account. The Islamic account and demo account options are also available. Each account type has its own set of conditions for commission, fees, margin calls, leverage, and minimum deposits.

 

Axiory at a glance

 

🏢Name of BrokerAxiory
📅 Year Founded2011
👔 Current CEORoberto d'Ambrosio
👤 Founder/sKeyur Patel
👥 Amount of staffNot disclosed
👨‍💼 Amount of active traders60,000+
💼 Publicly Traded (Listed Company)No
🔒 Regulation and Security
⚖️ RegulationIFSC,
FSC Mauritius
🌍 Country of regulationBelize,
Mauritius
🏦 Account SegregationYes
🛡️ Negative balance protectionYes
🔑 Two-step AuthenticationYes
🛡️ Investor Protection SchemesNo
📊 Account Types and Features
🏛️ Institutional AccountsYes
📈 Managed AccountsNo
💱 Minor account currenciesEUR,
USD,
GBP,
JPY,
others
💵 Minimum Deposit$0 USD / R 0 ZAR
⚖️ Trading Conditions
⏱️ Average deposit/withdrawal processing time1-2 business days
💸 Fund Withdrawal FeeDepends on method
📉 Spreads from0.2 pips
💰 Commissions$6/lot (for certain accounts)
💲 Number of base currencies supported5+
💱 Swap FeesYes (unless Islamic)
📊 LeverageUp to 1:500
⚠️ Margin requirementsVaries by asset class
🕌 Islamic account (swap-free)Yes
📝 Demo AccountYes
⏱️ Order Execution Time200ms
🖥️ VPS HostingYes (for certain accounts)
📈 Trading Instruments
🔢 CFDs-Total Offered150+
📊 CFD Stock IndicesYes
🌾 CFD CommoditiesYes
📉 CFD SharesYes
📜 Watch listYes
🔔 Trade AlertsYes
📈 Trading Stocks with GPYes
📊 Trading Indices with GPYes
📉 Swap on the trading boardYes
💳 Deposits and Withdrawals
💰 Deposit OptionsBank Transfer, Credit/Debit Cards,
E-wallets
💸 Withdrawal OptionsBank Transfer, Credit/Debit Cards,
E-wallets
🎁 Welcome BonusNo
💻 Trading Platforms and Tools
📊 Trading PlatformsMetaTrader 4,
cTrader,
Axiory Alpha
✋ Stop-loss InstrumentYes
🛡️ Investor Protection SchemesNo
🖥️ OS CompatibilityWindows,
Mac,
iOS,
Android
🛠️ Forex trading toolsYes (Autochartist, VPS)
📞 Customer Support
💬 Live chat availabilityYes
📧 Customer Support Email addresssupport@axiory.com
📞 Customer Support Contact Number+501-223-6925
🌐 Languages supported on Axiory WebsiteEnglish,
Spanish,
Arabic,
others
🎓 Educational Resources and Support
📱 Beginners Trader friendly UXYes
📚 Forex courseYes
🎤 WebinarsYes
📖 Educational ResourcesArticles,
Videos,
E-books
🤝 Partnerships and Programs
👥 Affiliate program?Yes
🔗 Amount of partnersNot disclosed
🏢 IB ProgramYes
🏆 Do they sponsor any notable events or teams?No
💸 Rebate programYes
💬 Community ForumYes
🌐 Social media PlatformsYes
🌍 Official Website addressAxiory.com
🚀 Open an Account👉 Open Account

 

Min Deposit

USD 0

Regulators

FSC, IFSC, MFSC

Trading Platform

MT4, MT5, cTrader

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Axiory Account Types – A 7 Key Point Overview

 

  1. ✅Axiory Overview
  2. ✅Axiory Account Type and Features
  3. Axiory Demo Account
  4. Axiory Islamic Account
  5. Axiory Pros and Cons
  6. Conclusion
  7. Frequently Asked Questions

 

👉 Axiory provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers. Retail currency traders in turn use these broker companies to gain access to the 24-hour currency market for speculation purposes.

 

👉 Axiory is a forex broker company that was established in 2007 and is in Belize where it is regulated by the International Financial Services Commission (IFSC), the Belize government agency responsible for financial regulation. It is also a member of the compensation scheme.

 

Axiory Overview

 

Axiory Account Types

👉 Axiory is a Belize-based ECN and STP broker which has been in operation since 2007 and is regulated by the IFSC. The team behind Axiory consists of committed visionaries who work with the aim of delivering an innovative approach to forex and CFD trading.

 

👉 Axiory is powered by Purple Technology, a global fintech company that offers various brokerages with innovative trading solutions which include the management of servers as well as optimization thereof, development of web applications, payment solutions, and numerous others.

 

👉 Axiory makes use of advanced trading technologies as well as infrastructure. The brokers’ servers are located in Equinix datacentres in London, Tokyo, and New York. Axiory guarantees that trades are executed within 200ms, or less.

 

👉 Axiory also makes adequate provision for fix protocol 4.4 trading solutions which are used by both experienced programmers as well as large-volume traders. This protocol works with the aim of ensuring that trades are executed directly in Equinix London (LD4).

 

👉 In addition, the servers are backed up in real-time which ensures consistent stability.

 

👉 operates through both Straight Through Processing, or STP, and Electronic Communication Network, ECN, models. There is also an NND model which ensures that the orders of traders go straight through to interbank liquidity pools.

From here, the trades are executed at the best possible prices and at optimum speeds.

 

Axiory Account Types and Features

 

Axiory offers the following 5 account types:

👉 NANO Account

👉 Standard Account

👉 Max Account

👉 Terra account

👉 Alpha account

 

Traders can use MT4, cTrader, and MT5 when using these accounts.

Nano Account

 

👉 A Nano Account can be opened with a minimum deposit of $ 6/ ZAR 96 and offers leverage of up to 1:400. The average EUR/USD Spread starts from 0.00002 pips.

📍Trading platformsMT4, cTrader
💰Minimum deposit$6/ ZAR R96
📉Leverage1:400
📍Minimum lot/order size0.01
📍Maximum volume per click1 000
📍FX Lot Size100 000
📃Maximum Open/Pending Orders per ClientUnlimited
📈Execution typeMarket
📈Spread typeFloating
📈EURUSD spread [pips]0.2
💰Commission [per 100K round turn]6USD/lot
📉Margin call50%
📍Stop out20%
📃Scalping policyYes
📈VIP accountNo
📈Islamic accountYes
📈Swap-free accountYes
📈MAM/PAMM accountPAMM
📈Free Demo AccountYes
📈No-expiration DEMO account90 days of inactivity
📃Managed accountsNo
📉Interested on MarginNo
⏱Platform time zoneGMT+3 in summer, GMT+2 in winter
📍Trading PlatformsMT4,cTrader – web platforms and mobile versions
📈Social/Copy tradingCoptyTrade – for Max account only
📈API tradingYes
📈Expert Advisors (EA strategy)Yes
📈Trailing stopsYes
📍Guaranteed stop lossNo
📍Negative balance protectionYes
📈Depth of the Market (DOM)cTrader only
📊ScalpingYes
📊HedgingYes
📲One-click executionYes
📍OCO ordersNo
📉Fractional pip pricingYes
📲Mobile TradingYes
💻Web TradingYes
📉Gold, SilverYes
📉CFDsYes

Standard Account

 

👉 A Standard Account can also be opened with $ 0/  ZAR 0  and a maximum leverage ratio of up to 1:400 can be used. The average EUR/USD Spread starts from 0.00012 pips.

📈Trading platforms:MT4, cTrader
💰Minimum deposit$0 / ZAR R0
📊Leverage: 1:400
📍Minimum lot/order size0.01
📲Maximum volume per click1 000
📍FX Lot Size100 000
🗳Maximum Open/Pending Orders per ClientUnlimited
📉Execution typeMarket
📉Spread type:Floating
📉EURUSD spread [pips]1.2
💸Commission [per 100K round turn]-
📉Margin call
50%
📌Stop out: 20%20%
📃Scalping PolicyYes
📈VIP accountNo
📈Islamic accountYes
📈Swap-free accountYes
📈MAM/PAM accountPAMM
📈Free Demo AccountYes
📈no-expiration DEMO account90 days of inactivity
📈Managed accountNo
📉Interested on MarginNo
⏱Platform timezoneGMT+3 in summer, GMT+2 in winter
📈Trading Platforms:
MT4,cTrader – web platforms and mobile versions
📈Social/Copy trading: CoptyTrade – for Max account only
📈API tradingYes
💡Expert Advisors (EA strategy)Yes
📍Trailing stopsYes
📍Guaranteed stop lossNo
💸Negative balance protectionNo
📈Depth of the Market (DOM)cTrader only
📈ScalpingYes
📈HedgingYes
📍One-click executionYes
📍OCO ordersNo
💸Fractional pip pricingYes
📲Mobile TradingYes
💻Web TradingYes
📊Gold, SilverYes
📊CFDs: Yes

 

Max Account

 

👉 A-Max Account can also be opened with $ 0/ ZAR 0  as a deposit but allows leverage of up to 1:777. The average EUR/USD Spread starts from 0.00019 pips.

📍Trading platforms:MT4, cTrader, CopyTrade app
💰Minimum deposit$0 / ZAR R0
📉Leverage1:777
📉Minimum lot/order size0.01
📉Maximum volume per click1 000
📍FX Lot size100 000
📍Maximum Open/Pending Orders per ClientUnlimited
📈Execution typeMarket
📈Spread TypeFloating
💰EURUSD spread [pips]1.8
💰Commission [per 100K round turn]-
📈Margin call50%
📍Stop out20%
📉Scalping policyYes
📈VIP accountNo
📈Islamic accountYes
📈Swap-free acountYes
📈MAM/PAMM accountPAMM
📈Free Demo accountYes
⏱No-expiration DEMO account90 days of inactivity
📈Managed accountsNo
📊Interested on MarginNo
⏱Platform timezoneGMT+3 in summer, GMT+2 in winter
📍Trading PlatformsMT4,cTrader – web platforms and mobile versions
📈Social/Copy trading: CoptyTrade – for Max account only
📈API TradingYes
💡Expert Advisors (EA strategy)Yes
📉Trailing stopsYes
📉Guaranteed stop lossNo
📉Negative balance protectionYes
📉Depth of Market (DOM)cTrader only
📊ScalpingYes
📊HedgingYes
📍One-click executionYes
📍OCO ordersNo
📈Fractional pip pricingYes
📲Mobile TradingYes
💻Web TradingYes
📈Gold, SilverYes
📈CFDsYes

 

Terra Account

 

👉 Minimum deposit $6 /  ZAR 96, and leverage up to 1:400. The average EUR/USD Spread starts from 0.00002 pips.

📍Trading platforms
MT5
💰Minimum deposit
$6 / ZAR R96
📉Leverage1:400
📍Minimum lot/order size0.01
📍maximum volume per click1 000
📍FX Lot Size100 000
💡Maximum Open/Pending Orders per ClientUnlimited
📉Execution typeMarket
📉Spread TypeFloating
📉EURUSD spread [pips]0.2
💰Commission [per 100K round turn]6USD/lot
📊Margin call50%
📍Stop out20%
📉Scalping policy
Yes
📈VIP accountNo
📈Islamic accountYes
📈Swap-free accountYes
📈MAM/PAMM accountNo
📈Free Demo accountYes
📍No-expiration DEMO account90 days of inactivity
📲Managed accountsNo
📉Interested on MarginNo
⏱Platform timezoneGMT+3 in summer, GMT+2 in winter
📍Trading Platforms: MT5
📉Social/Copy tradingCoptyTrade – No
📈API tradingNo
💡Expert Advisors (EA strategy)Yes
📍Trailing stopsYes
📍Guaranteed stop lossNo
📃Negative balance protectionYes
📉Depth of the Market (DOM)Yes
📊ScalpingYes
📊HedgingYes
📲One-click executionYes
📍OCO ordersNo
📉Fractional pip pricingYes
📲Mobile TradingYes
💻Web TradingYes
📉Gold, Silver
Yes
📉CFDsYes

 

Alpha Account

 

👉 Minimum deposit $0 and leverage to 1:1.

📍Trading platforms MT5
💰Minimum deposit
$0 / ZAR R0
📉Leverage1:1
📈Minimum lot/order size: 1
📈Maximum volume per click100 000
📈FX Lot Size 1lot = 1share
📃Maximum Open/Pending Orders per ClienUnlimited
📈Execution typeMarket
📉Spread typeFloating
📉EURUSD spread [pips]n/a
💰Commission [per 100K round turn]From 1.5 USD/lot
📉Margin call
-
📍Stop out

-
📃Scalping policyNo
📈VIP accountNo
📈Islamic accountNo
📈Swap-free accountNo
📈MAM/PAMM accountNo
📈No-expiration DEMO accountNo
📍Managed accountsNo
📊Interested on MarginNo
📈Platform timezone: GMT+3 in summer, GMT+2 in winter
📈Trading PlatformsMT5
📈Social/Copy trading: CoptyTrade – No
📈API tradingNo
💡Expert Advisors (EA strategy)Yes
📍Trailing stopsYes
📍Guaranteed stop lossNo
💸Negative balance protectionNo
📈Depth of the Market (DOM)Yes
📊ScalpingNo
📊HedgingNo
📈One-click executionYes
📍OCO ordersNo
💸Fractional pip pricing-
📲Mobile TradingYes
💻Web TradingYes
📉Gold, SilverNo
NoNo

 

Axiory Demo Account

 

Axiory account types

 

👉 Axiory offers traders the option of opening a Demo Account which can be utilized in various ways, including, but not limited to the following:

🟢 A practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.

 

🟢 Traders who are evaluating and comparing brokers who would like to explore Axiory’ trading conditions in a risk-free environment, and

 

🟢 Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.

 

👉 Axiory offers traders the option of opening a demo account. The demo account sign-up is quick and hassle-free. Once registered, traders have a choice between any of the three account types offered by Axiory in addition to being able to choose between cTrader, MetaTrader 4, and MetaTrader 5.

 

👉 The account features that traders will have access to will depend on what the broker makes available in addition to the features of the trading platforms. Traders have freedom and adequate virtual funds to fully explore Axiory’s offering and the two trading platforms.

 

 

Axiory Islamic Account

 

Axiory Account Types

 

👉 The purpose of an Islamic Account is that it caters specifically to Muslim traders who strictly follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.

 

👉 Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

 

👉offers Muslim traders the option of converting any of the live trading accounts into that of an Islamic account, which allows Muslim traders more flexibility as far as the accounts and various features are concerned.

 

👉In order to convert an account, traders must first apply for any of the three live trading accounts. As soon as the account has been approved, traders can contact their business development representative or Axiory customer support to request a conversion.

 

👉The account conversion should be completed within 24 hours depending on when the request was made. With the Islamic Account, traders are not charged with swaps on any of the financial instruments.

 

👉However, should Muslim traders hold positions overnight, they will be charged with a commission. Both the commission and the holding period may be subjected to change as per market conditions when and where necessary.

 

👉The commissions that traders can expect ranges from $3/ 48 ZAR  up to  $8/ 128 ZAR

 

Axiory Pros and Cons

 

✔️ Pros❌ Cons
AutoChartist and custom indicators offeredNo fixed spread accounts offered
Can trade on MetaTrader 4, MetaTrader 5, CopyTrade or cTraderNo multi-currency accounts are available
Commission-free trading is available.
Corporate and management possibilities
Demo and Islamic accounts can be opened
Negative balance protection
Segregated accounts and annual reports
Suitable for beginners and professionals
Regulated by IFSC, MFSC and FSC

 

Min Deposit

USD 0

Regulators

FSC, IFSC, MFSC

Trading Platform

MT4, MT5, cTrader

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

You might also like: Axiory Review

You might also like: Axiory Demo Account – Step by Step

You might also like: Axiory Fees and Spreads

You might also like: Axiory Islamic Account Overview

You might also like: Axiory Minimum Deposit

You might also like: Axiory Sign up Bonus

 

Conclusion

Axiory is owned and operated by R Capital Solutions Ltd. which is domiciled in Cyprus and regulated by CySec.

 

Axiory operates from Belize with representative offices in Europe, Cyprus, and Dubai, which brought access to both EEA clients and the Middle East.

 

Axiory is a forex broker company that offers services and support in multiple languages and offers customized trading conditions for all clients, trading in a range of markets including Forex, Metals, Indices, and Energies, and offers new traders a demo account with no limits for free practice.

 

The minimum deposit requirement is 10$/ 160 ZAR  and can be deposited with Bitcoin.

 

Axiory is an STP broker and traders are connected to the best possible liquidity providers with all trades going directly to the market.

 

Axiory offers popular trading instruments and assets and the MT4 and cTrader platforms and its Multi Account Manager (MAM) software offers money managers a selection of allocation methods for their managed accounts. Both ZT4 and cTrader, with mobile Apps, are offered as trading software, and some learning materials and technical analysis are available.

Frequently Asked Questions

 

Which live trading accounts does Axiory offer?

 

Axiory account types incl:

  • Nano Account
  • Standard Account
  • Max Account
  • Islamic Account
  • Terra Account
  • Alpha Account

 

What spreads can I expect with Axiory?

 

Axiory offers spreads from 0.2 pips. All accounts use floating spread to reflect the current market situation.

 

What is the minimum deposit required to open an account with Axiory?

 

To start trading with Axiory you will need a minimum deposit of $0 / ZAR R0 at the time of writing.

 

Trading environment

 

How many instruments can I trade with Axiory?

 

You can trade several different instruments with Axiory, which include the following:

  • Currencies (60+)
  • CFD (55+)
  • Gold, Silver, Other Precious Metals
  • Stock Indexes, Oil
  • Other Commodities
  • Exchange Stocks
  • Exchange ETFs

 

Which platforms are supported by Axiory?

 

Axiory provides the following popular trading platforms:

  • MT4
  • MT5
  • cTrader

 

Does Axiory offer leverage?

 

Yes, Axiory offers maximum leverage of up to 1: 777.

 

Does Axiory charge commission?

 

The Standard and Max Account offer commission-free trading with access to slightly higher spreads than the Nano Account. The Axiory Nano Account offers commission-based trading of 6 USD per lot with access to lower spreads.

 

Are there additional charges on the Islamic account?

 

Axiory does offer an Islamic Account and charge extra commissions to make up for money that they lose by not charging overnight fees. When Muslim traders hold positions overnight, they will be charged with a commission of between $3 and $8.

 

Is Axiory regulated and by whom?

 

Axiory is regulated by the International Financial Services Commission (IFSC).

 

Is Axiory a recommended forex trading broker for experts and beginners?

 

Axiory offers a fair-trading environment for most types of traders.

 

What is the overall rating out of 10 for Axiory?

 

9/10.

 

Accounts

 

What is the difference between a demo and a live trading account?

 

A demo account as is offered by broker companies like Axiory is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features, before setting up a real account that needs to be funded with the customers own real money.

 

Does Axiory offer a demo account?

 

Yes.

 

How long is the demo account valid?

 

The demo account can be used indefinitely.

 

Does Axiory offer an Islamic Account?

 

Yes.

 

What are the available deposit currencies for a live trading account?

 

USD and EUR.

 

Deposits and withdrawals

 

How do you make a deposit and withdraw money with Axiory?

 

Axiory offers the following deposit and withdrawal methods:

  • Debit/Credit Card
  • International Wire Transfer
  • Sticpay
  • Netteler
  • Skrill
  • VLoad
  • Local wire transfer options

 

The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

 

Does Axiory charge withdrawal fees?

 

For transactions less than 200 USD, a fee of 15 USD is charged. Otherwise, withdrawal methods are fee-free for credit and debit cards as well as SticPay.

 

How long does it take to make a withdrawal?

 

Withdrawals with bank wire transfers may take between 3 and 10 business days.

4.7/5 - (40 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 3, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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