Axiory is an established online broker that has been in operation since 2007. The brand is powered by ‘Purple Technology’, a global fintech firm that provides brokers with innovative trading solutions including server management and optimizations, web apps development, payment solutions, and more.
The broker offers forex, commodities, shares, indices, metals, energies, and CFDs for trading online via cTrader, MetaTrader, and FIX API. They operate the Straight-through Processing (STP) and Electronic Communication Network (ECN) brokerage models.
Axiory Review Introduction
In this Axiory review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Axiory.
Axiory Platforms & Tools
Axiory provides trades with a choice of two trading platforms: cTrader and MetaTrader 4. The cTrader platform is user-friendly, fast, and preloaded with essential tools. It has the following primary features:
- Direct market access through STP/ECN technologies
- Over 60 indicators for technical analysis
- Range of order management and risk management tools
- Supports the development and use of custom indicators and trading robots for automated trading
- Customizable Windows, live asset quotes, and charts
The cTrader platform is available in three versions: desktop application, WebTrader, and mobile trading apps for iOS and Android devices.
The MT4 platform is popular for its numerous expansion apps and built-in tools. It supports automated trading with EAs, and you can easily perform technical analysis using inbuilt /custom indicators and graphical objects. It is available as a WebTrader, mobile, and desktop applications.
The broker provides a vast range of useful trading tools in addition to those built into the trading platforms. They include Autochartist, Axiory Strike Indicator, PAMM/MAM Account, Investment Strategies, Market News, and Technical Analysis.
Axiory Research & Education
Axiory provides educational materials to help traders to improve their trading knowledge. They are freely accessible by clients, who have registered for a real account. The training resources include free eBooks and video courses that cover a variety of trading subjects for traders of all experience levels.
Axiory Trading Accounts
Axiory offers various account types on the MT4 and cTrader platforms. All accounts have a maximum leverage of 1:400, while the account currencies can be in USD, EUR, or JPY. The different account types are:
- Standard Account: This is an STP account, and it is available on the MT4 platform and has a minimum required deposit of $200. The EURUSD spread starts from 1.0 pip.
- Nano Account: This is the ECN account, which offers good execution speeds with tight spreads starting from 0.2 pips. The minimum required deposit to operate this account type is $200.
- Corporate Account: The least deposit required to open this account type is $1,000, and the leverage is up to 1:400. Account holders also benefit from STP and ECN technologies.
Axiory Account Funding
The broker provides clients with a good choice of account funding and withdrawal methods, and they include wire transfer, credit/debit cards, and online gateways, such as Neteller and Skrill. The time taken to process transactions depends on the chosen payment method.
Axiory Customer Service
Axiory offers a customer support team that is attentive, proactive, and very resourceful. They are available 24/5 and can be reached on email, instant web chat, telephone, and selected social media platforms.
Axiory is regulated by the International Financial Services Commission (IFSC) in Belize.
Axiory Review Summary
Overall, Axiory is an established online broker that offers forex and CFD trading via cTrader, MetaTrader, and FIX API. The broker offers ECN and STP trading, giving traders direct access to the markets without broker interference.
It is worth mentioning that some of the trading products and services in this Axiory review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Axiory broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.