Axiory Review – Is Axiory Scam or Satisfactory As a Broker?
Axiory Review
Axiory is a broker that was organized in 2011 and they provide a friendly and easy space to access the online trading market. The goal of Axiory is to provide a transparent and developed platform to trade online. Since this broker has been active for so long, it has gained exposure around the globe and has had huge success.
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Protection on Axiory
Axiory’s headquarters are in Belize, which is commonly known as an offshore jurisdiction and an easy way to get a Forex trading license. Of course, this attracted several brokers. Recently, Belize regulated its policy and now requires higher standards, and for the company to deposit $100,000 while applying. This guarantees that the broker can be trusted.
Axiory has numerous representative offices including in Dubai. They have established a good trading basis ever since they were established. This broker protects their customers’ funds by keeping them in segregated accounts, meaning they are completely separate from the company ones. It is regularly checked to see if it matches the set standards. To add, Axiory is a member of the Financial Commission, which is an independent commission that protects its clients’ funds.
Leverage
Leverage has the tendency to magnify your income and increase trading capital. The forex market is quite popular with its leverage. This means that you can have capital that is initially small, and make a good income by exposing it to the market. However, leverage also has certain risks, which is why authorities have recommended using low leverage.
Axiory defines its range of leverage ratios up to 1:777. Leverage levels may differ depending on what instrument you are trading and the asset category.
Account types
In order to ensure a friendly trading platform for all traders, Axiory has five account types to offer, i.e. Nano account, standard account, MAX account, TERA account, and Alpha account. You can also customize the trading conditions, which you can discuss with the customer service team.
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With the Axiory Alpha account, you can invest in the stocks of hundreds of global brands and access the investment account on the MT5 platform. Axiory’s Tera account offers the use of MT5 as well. To add to that, you can also make an Islamic account that considers Islamic values. A free demo account is also offered to allow you to see the conditions and make your final decision.
Trading instruments
You can trade on a number of markets if you decide to use Axiory. The most popular ones are Forex. CFD indices, energies, metals, and exchange ETFs. Axiory offers the most popular tools for a wider selection.
Fees
On Axiory, you can customize your own fees with the help of customer service and you can discuss your point of view with them. Not many brokers offer this, making it a greater opportunity. At Axiory, there is no deposit fee, withdrawal fee, or inactivity and the fee ranking is also low/average.
Deposits and withdrawals
There are several advantages when you make deposits on Axiory. They are fast and have a supporting account base in USD and EUR. The first deposit is also a small amount. Axiory makes use of common methods of funds transfer along with diversity. You can transfer funds using a credit/debit card. Wire transfer, or E-payments like Neteller. The minimum deposit is just $10, but fees may be imposed depending on your region.
Axiory has no withdrawal fees, and you can withdraw funds using the same method as the deposit. However, the time to receive payment and withdrawal can differ depending on which method you choose. The broker may promise to confirm your withdrawal request in 1 to 2 working days; payment providers can take up to 3 to 10 business days.
Trading platforms
Axiory makes use of MT4 and MT5, which are the standard for any trader. It offers efficient and friendly software that supports numerous languages, along with a web, mobile, and desktop platform. There is no limitation to strategies, which allows you to explore different options to find what suits you best.
Web platforms allow you to use a program without actually installing it. You can trade directly from your browser and the web platform is simplified, making it easier to use for beginners and average traders.
However, some add-ons, tools, and capabilities are only available if you download the platform.
cTrader, MT4, and MT5 support all devices, whether it is a MAC or PC. You can even use two platforms at the same time as each account supports them both. MT4 is the most commonly used platform in the industry, but cTrader can easily be used as an alternative as it combines cutting-edge technology.
Axiory apps are available to install on your phone so you are constantly updated about your trading progress. They are free to install on any mobile and are easy to use for any trader. Navigation is simple on the app and managing it is not a hassle.
Conclusion
Axiory prioritizes customer satisfaction and it is an important part of its proposal. The broker allows customers to reach out via phone lines, emails, and chats. The customer support team is dedicated to their job and answers the clients timely and relevantly.
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