All Share (J203) = 87 916
Rand / Dollar = 18.17
Rand / Pound = 23.51
Rand / Euro = 19.84
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.58
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Axiory Demo Account

Axiory Demo Account Review
 

Axiory demo accounts are available on all accounts except for the Alpha account. The Axiory Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.

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 Demo Account Review – A Key 5 Point Quick Overview

 

  1. How to set up an Axiory Demo Account – Step by Step
  2. Axiory Demo account features
  3. Axiory Pros and Cons
  4. Conclusion
  5. Frequently asked questions

 

👉 You can open a live account or demo account (also called a practice account) from start to finish. The Axiory website allows traders to choose to open a demo account first. Traders must select their preferred account currency while requiring an e-mail and password to complete the initial step.

 

How to set up an Axiory Demo Account – Step by Step

 

To register for, and set up a demo account with Axiory, free of charge, traders must visit the website and follow these simple steps:

 

👉 Step 1: Navigate to the Axiory Home Page

 

To set up an Axiory demo account, Traders can navigate to the Axiory home page to register for a trading account by signing up.

Axiory Demo Account

 

 

👉 Step 2: Register an Axiory Individual/Corporate account.

 

Traders will then be redirected to the Axiory registration page where they will be required to choose between an individual/ corporate account by filling in their required generic information.

 

Axiory Demo Account

 

 

👉 Step 3: Select the Axiory Demo account.

 

Once redirected select the Axiory demo account to continue the registration.

 

Axiory Demo Account

 

 

👉 Step 4: Create your Axiory demo account

Traders will follow the prompted steps by selecting ‘create a new account’  in order to register a demo account with Axiory.

Axiory Demo Account

 

 

👉 Step 5: Select your Trading Platform

Traders will be redirected in order to select the trading platform of their choice between the cTrader, metaTrader4, and metatrader5 to create their Axiory demo account and start trading.

 

Axiory Demo account

 

 

👉 Step 6: Start Trading

Your Axiory account has been created and is ready for trading.

 

Axiory Demo Account

 

👉 Ensure that you have your email address and ID ready

👉 Always select the country of residence and your currency, if applicable

👉 Choose that you want to try a demo account

👉 Provide your  basic personal information requested

👉 Proceed through the KYC process if needed and get approved

 

📉 New accounts are applied online and processed according to established industry standards.

 

📉 Axiory accounts can be opened in USD, EUR, or  ZAR.

 

📉 An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step.

 

📉 Note that this ‘Know Your Client (KYC) process, may only be necessary once you decide to move forward and work with real money.

 

Axiory Demo account features

 

Axiory Demo Account

 

👉 A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’.

 

👉 Beginner traders can use a demo account to get acquainted with the live trading environment, where they can actively participate in trades and develop their own strategies.

 

👉 Once registered, a trader can choose between the three trading platform types and between cTrader, MetaTrader 4, and MetaTrader 5. Traders have freedom and adequate virtual funds to fully explore Axiory’s offering and the two trading platforms.

 

👉 Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what Axiory has to offer.

 

👉 Axiory’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

Axiory Pros and Cons

 

✔️ Pros❌ Cons
AutoChartist and custom indicators offeredNo multi-currency accounts are available
Can trade on MetaTrader 4, MetaTrader 5 or cTrader
Demo and Islamic accounts can be opened
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 Account Types Overview

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$, which is equivalent to ZAR 1 60 at the time of writing, this applies to all three account types 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.

Frequently asked questions

 

Does Axiory offer a demo account?

 

Yes, Axiory does offer a demo account

 

How long is the demo account valid?

 

Should your demo account be inactive for 90 days, it will be removed from your account.

 

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

 

A demo account is usually funded with virtual money whereas a real account needs to be funded with the customers’ own real money.

 

Which live trading accounts does Axiory offer?

 

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

 

Does Axiory offer an Islamic Account?

 

Yes, an Islamic account is available for Muslim traders on the Axiory Nano, Standard, and Max accounts.

 

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

 

USD and EUR.

 

4.7/5 - (41 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 8, 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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