Axiory is a global forex and CFDs online broker that was established in 2011. The brokerage offers both MetaTrader trading platforms and cTrader to trade forex, commodities, stocks and indices on the financial markets. Axiory is the brand name of Axiory Global Limited, based in Belize and licensed and regulated by the International Financial Services Commission (IFSC). The brokerage is a member of The Financial Commission (FinaCom) and has implemented a strict protocol to safeguard its clients’ funds and data. Axiory is regulatory compliant and is a safe and dependable broker for forex traders in Africa.

 

Overall Rating

4.7/5

Rated #184 of
Recommended FX Brokers

💰Minimum Deposit

$0 

🌐 Regulators

FSC, IFSC

📱 Trading Desk

MetaTrader4, MetaTrader5,  cTrader

Crypto

No

📈 Total Pairs

62

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Is Axiory regulated?

Yes, Axiory Global Limited is authorised and regulated by the International Financial Services Commission (IFSC). Axiory is the trading name for the Group. IFSC regulated brokers operate according to a strict code of conduct mandated by the Ministry of Belize Securities and International Financial Services Commission Act.

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The International Financial Services Commission (IFSC) is the legal authority responsible for monitoring and regulating the financial sector in Belize. The IFSC is mandated by the Ministry of Belize Securities and International Financial Services Commission Act to establish and implement financial regulation controls in Belize and monitor activities of all IFSC members in the global financial markets.

Is Axiory regulated in South Africa?

No, Axiory is not regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.

Is Axiory legit?

Yes, Axiory is a legitimate financial services provider that has been operating for over ten years. Axiory Global Limited was founded in 2011 and is authorised and regulated by the International Financial Services Commission (IFSC) in Belize.

The brokerage is a member of The Financial Commission (FinaCom), an independent self-regulatory institute and external dispute resolution (EDR) entity dedicated to safeguarding the interests of forex traders.

Where is Belize?

Belize is located in Central America and has become a financial powerhouse since its independence in the early 1980s. Belize is one of the safest investment-friendly destinations worldwide, and it is ideally located to the USA, Canada and Mexico, which has contributed to a flood of forex brokers and fintech companies setting business up in the island country.

The Belize government established the IFSC as a strict monitoring body to regulate the influx of forex brokers in the country and ensure that Belize-based brokers are authorised, regulated, and operate according to global forex trading standards.

Does Axiory offer a good trading experience?

In terms of regulatory compliance, security protocols, trading platforms, market analysis and educational resources, Axiory offers a highly satisfactory forex trading experience.

Security protocols

Axiory is regulatory compliant and regarded as safe to use by forex and CFDs traders in Africa. Axiory follows strict regulatory guidelines and has implemented global industry protocols to secure its clients’ money and information.

Regulated broker

Axiory is the trading brand name of Axiory Global Limited, which is licensed, authorised and regulated by the International Financial Services Commission (IFSC) in Belize.

The Financial Commission

Axiory is a member of The Financial Commission (FinaCom), an independent self-regulatory commission and external dispute resolution (EDR) entity focusing on forex trading. The Financial Commission ensures its members are transparent and fair companies, protect traders interests and resolve disputes quickly, efficiently in an unbiased manner.

Segregated accounts

Axiory keeps client funds in a separate account which a leading bank holds. The brokerage cannot access clients’ money to pay company liabilities and costs. Clients’ funds are held in ring-fenced accounts separate from Axiory’ financial accounts.

SSL-protected personal area

Axiory uses secured technology to safeguard its clients’ data and deposit and withdrawal transactions. SSL-secured Personal Area is protected with 128-bit encryption, meaning browsing is safe, and data is inaccessible to any third parties.

Two-step authentication

Axiory requires two-step authentication to protect your trading platform, deposits and personal information from hackers using SMS and backup codes. Axiory uses 3D secure technology when processing credit and debit cards, making all Visa and Mastercard transactions transparent and safe.

Trading platforms

Axiory supports the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader trading platforms, providing simple, user-friendly access to the financial markets to trade forex, commodities, stocks and indices.

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MetaTrader 4

MetaTrader is an electronic trading platform that the developers, MetaQuotes Software, pioneered. The software company released several versions since it started in 2002. It finally hit the jackpot with a significantly enhanced version called MetaTrader 4 that it took to market in 2005. MetaTrader 4 (MT4) is now the most popular and widely-used online trading platform for speculative forex traders and is offered by most leading brokers worldwide.

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What is MetaTrader 5?

MetaTrader 5 (MT5) was launched in 2010 by MetaQuotes Software Corporation. The trading platform was created to broaden MetaTrader’s functionality from a single-market trading platform to a multi-market platform. MT5 offers traders an advanced trading platform and excellent tools to trade a broader range of financial instruments.

What is cTrader?

cTrader is a state-of-the-art charting and manual trading platform powered by Spotware. It is a complete trading solution for forex and CFDs traders. It provides clients with a user-friendly interface, sophisticated backend technology, premium charting tools, multiple built-in indicators, EAs and timeframes, and in-depth market analysis.

Market analysis and education

Axiory Intelligence publishes an extensive array of quality, independent market analysis to enhance their clients’ trading experience on the global markets. In-house trading experts provide Market News, technical analysis, live webinars, Market Briefing and Trading Sniper. Clients have access to an Economic Calendar, AutoChartist, Strike Indicator and expert commentary from the Axiory Intelligence Media Room.

Axiory’s Trading Academy provides educational material for beginners and seasoned traders to improve their trading knowledge and expertise. The Axiory Trading Academy delivers expert advice on money management, trading philosophies, practical trading tips, and basic technical and fundamental analysis for forex and CFDs trading.

What products does Axiory offer?

Axiory is a multi-asset forex and CFDs broker. Clients use the MT4, MT5 or cTrader trading platforms to trade currency pairs and CFDs on commodities, stocks and indices with competitive spreads and tight margins in normal trading conditions.

Forex 60 plus currency pairs
Commodities CFDs on oil, gas and precious metals
Stocks CFDs on largest brands inc. Amazon, Facebook, Apple, Microsoft, Alphabet
Indices CFDs on major indicators inc. US100, DOW30, S&P500, FTSE100, STOXX50
ETFs 60 plus inc. SQQQ, SPY, XLF, QQQ

Does Axiory offer copy trading?

Yes, Axiory offers a proprietary copy trading platform. Axiory CopyTrade allows clients to fully automate trading positions and copy the trades of expert traders called strategy providers. Axiory clients can also use Trading Signals, add-on software for copy trading available on the MetaTrader 4 (MT4) and MetaTrader (MT5) trading platforms.

Does Axiory have Nasdaq?

Yes, Axiory offers NASDAQ-100 (US100). US100 is traded as a futures CFDs on the MetaTrader and Axiory trading platforms. The US-100 is a market capitalisation-weighted index containing 100 of the largest, most liquid publicly traded non-financial businesses on the Nasdaq composite index. The US100 is one of the most significant large-cap growth indexes globally and an essential barometer for the US economy in general.

 

Overall Rating

4.7/5

Rated #184 of
Recommended FX Brokers

💰Minimum Deposit

$0 

🌐 Regulators

FSC, IFSC

📱 Trading Desk

MetaTrader4, MetaTrader5,  cTrader

Crypto

No

📈 Total Pairs

62

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

How to trade forex with Axiory

Forex traders cannot directly access the global financial markets. You can only trade currency pairs and CFDs on commodities, stocks and indices using a trading platform hosted by a regulated online broker.

To start trading the financial markets with Axiory, register with the broker and follow the easy steps to verify your identity and set up a trading account. Deposit funds when your live trading account has been approved and start trading, or you can practice on a free demo account using ‘fake’ money.

How to open an Axiory trading account

  1. Open the official website for Axiory
  2. Click on Open Account
  3. Fill in the required fields and supply documents to verify your identity
  4. Select a memorable and secure password to protect your account
  5. Read and accept the terms and conditions
  6. Submit your application
  7. Access your dashboard
  8. Choose to practice on a free demo account or make a deposit to trade live with real funds

What trading accounts does Axiory offer?

Axiory offers five accounts on three different trading platforms: Nano, Standard, Max, Tera and Alpha. Axiory also provides a free demo account for beginner traders, and an Islamic account on the Nano, Standard, Max and Tera accounts for clients of the Muslim faith.

The Axiory Alpha account is specifically for trading ETFs and is available on the MT5 trading platform.

Axiory offers two currency options: USD and EUR.

Nano account

Min deposit

Spread

Commission

Leverage

Platforms

$10

From 0.2 pips

$6 per lot

Up to 400:1

MT4, cTrader

Standard account

Min deposit

Spread

Commission

Leverage

Platforms

$10

From 1.2 pips

$0 per lot

Up to 400:1

MT4, cTrader

Max account

Min deposit

Spread

Commission

Leverage

Platforms

$10

From 0.8 pips

$0 per lot

Up to 400:1

MT4, cTrader

Tera account

Min deposit

Spread

Commission

Leverage

Platforms

$10

From 0.2 pips

$6 per lot

Up to 400:1

MT5

Alpha account

Min deposit

Spread

Commission

Leverage

Platforms

Not applicable

From 1.1 pips

From $1.5 per lot

Up to 1:1

MT5

Does Axiory offer a free demo account?

Yes, Axiory offers a free demo account on the MT4 and cTrader trading platform with 10 000 virtual trading dollars with no expiry date and flexible leverage for accurate testing. Axiory clients can register and sign up for a free demo account. It is instantly available to start trading virtual (fake) money, and no minimum deposit is required.

You can trade forex in real-time under actual market conditions with zero risk of losing real money. Once beginner traders learn how to trade on a free demo account, they are ready to open a live trading account.

You have full access to trading tools, EAs, indicators, technical and fundamental analysis, and the support of the Axiory customer care team.

What is the Axiory Lite Live trading account?

Axiory offers a Light Live trading account for beginner forex and CFDs traders. You can open a Light Live account in ten minutes with only a personal identity document. The Light Live account allows you to trade in real-time with 1 000 USD or Euro equivalent deposited via credit or debit card. You can only withdraw money up to that amount regardless of the profits you make.

Does Axiory offer an Islamic account?

Yes, Axiory Islamic Account offers an Islamic swap-free account for Muslim faith traders. No rollover or swap interest is charged on open positions held overnight; only an administration fee is charged on open positions. The Axiory Islamic trading account allows clients of the Muslim faith to participate in online forex trading while conforming to Sharia Law.

Deposit and withdrawals

How to deposit money into an Axiory account

Funds can be deposited into an Axiory trading account via credit and debit cards, bank wire transfer and eWallet payment systems such as Neteller and Skrill. All transactions are converted to the base currency of your account (USD or EUR) using the spot exchange rate for that day.

  1. Log into MyAxiory
  2. Select the trading account you want to deposit money into
  3. Select deposit method
  4. Enter the amount you want to deposit
  5. Check details and confirm the transaction

International wire transfers take 3 to 10 working days to appear in your Axiory trading account. Credit or debit card deposits are processed within a few hours on working days.

Axiory is a regulated broker and follows all anti-money laundering (AML) rules and regulations. AML protocol requires deposits to be made using a bank account or car registered in the clients’ name. No third party deposits are allowed. Withdrawals also have to be made to the same account using the same deposit method.

How to withdraw money from your Axiory account

Profits are withdrawn from an Axiory account using the same payment method and bank account used for deposits in compliance with anti-money laundering rules and regulations.

  1. Log into MyAxiory
  2. Select the trading account you want to withdraw money from
  3. Enter payment details, including your email address
  4. Enter the amount you wish to withdraw
  5. Axiory will send you a withdrawal approval statement via email
  6. Once the withdrawal has been approved, money will be automatically credited to your bank account

How long do Axiory withdrawals take?

Axiory processes withdrawals within 24 working hours, provided all internal conditions are met, and you supply the documents required to comply with anti-money laundering rules and regulations. The time it takes for funds to show in your bank account depends on the financial institution you use and the method used to withdraw from your Axiory trading account.

What are Axiory fees for deposits and withdrawals?

Axiory does not charge a fee for deposits or withdrawals processed via credit card. You will incur transfer fees charged by your bank or digital payment service provider.

What awards has Axiory received?

Axiory is an award-winning forex and CFDs broker. Most recent awards include:

Overall Rating

4.7/5

Rated #184 of
Recommended FX Brokers

💰Minimum Deposit

$0 

🌐 Regulators

FSC, IFSC

📱 Trading Desk

MetaTrader4, MetaTrader5,  cTrader

Crypto

No

📈 Total Pairs

62

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

FAQs: Axiory

Does Axiory have a Welcome Bonus?

Yes, Axiory does offer a Welcome Bonus on a promotional basis that has an expiry date. Currently, Axiory is offering a 50% Deposit Bonus that expires on 31 March 2022. Axiory advertises its deposit bonus promotions on its website.

Can I start trading with no money in my live Axiory account?

No, you are required to make an initial deposit to open and start trading a live Axiory Account. You can open a free demo account without a minimum deposit to practice trading with virtual money.

Does Axiory have a mobile app for forex trading?

Yes, Axiory cTrader is an easy-to-use mobile app available on AppStore and GooglePlay.

Where is Axiory based?

Axiory is based in Belize City, Belize.

Who is the CEO of Axiory?

The CEO of Axiory Group Ltd is Roberto d’Ambrosio (named Best CEO in the forex brokerage industry in the 2020 Business Worldwide CEO Awards).

Is Axiory available for forex traders in Africa?

Yes, Axiory accepts forex and CFDs traders in Africa.

Does Axiory offer online support?

Yes, Axiory offers 24/5 dedicated Customer Support in multiple languages. You can contact an Axiory representative via Live Chat, phone or email.

Website Axiory

Belize client support +501 224 4632

General enquiries [email protected]

FOREX TRADING AFRICA DISCLAIMER

Forex and CFDs are complex instruments associated with the high risk of rapidly losing money due to margin and leverage. You need to understand how forex trading works and decide whether you can afford to take the risk of losing money on trade orders that do not go your way.

Forex Trading Africa annually reviews brokers and financial assets and provides information to help online retail traders better understand the global financial markets. The information provided is meant to grow your knowledge and expertise in financial trading and must not be construed as personal advice.

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