Axiory Forex Review UAE
Axiory Forex Broker Review UAE 2021
The Axiory brand offers global traders a savvy, friendly, and intuitive space to access the forex and CFDs market since 2011. Axiory is a Forex broker that is customer-centric, respects the feedback from partners and traders. By putting traders’ needs first and localizing services to serve traders best, Axiory grew into an industry leader trusted by both beginners and professional traders from across the globe.
Axiory is licensed by the International Financial Services Commission (IFSC) and is a member of the Financial Commission, an independent disputes-resolution organization. The license ensures that Axiory is monitored and adheres to strict regulatory requirements towards clients.
Safety and Security
Axiory offers a series of safety measures for traders. Through segregation of funds, clients’ funds are never mixed with the broker’s corporate funds. In addition, there’s third-party auditing that releases an official report with its findings.
The broker also offers credible internationally renowned funding methods, some of which are especially convenient for clients from specific regions.
Transparency and Reliability
Axiory has always been transparent, displaying all costs, including commission, spreads, swaps, and any fees on its website for both clients and viewers to see. All costs are displayed clearly and are easy to find when navigating through the website.
In addition, a trading report is published on the website every month, showcasing the latest trading numbers exported from the platform. This gives potential clients an idea of the volumes traded, average execution time, slippage distribution, and execution time vs. slippage.
Traders are welcomed to test Axiory’s trading environment, its accounts, platforms, products, and support with an unlimited, customizable demo account that mimics its live environment, as closely as possible.
Axiory holds the award for the Most Transparent Broker 2020, from the International Investor Business Awards.
Customer Support Services
Axiory prides itself on an award-winning, international support team. Support covers various languages over the traditional communication channels: phone, email, and live chat. In addition, support is provided through social media.
The broker’s support team is known for being professional and extremely friendly, helping traders of all levels, answering any of their questions, and resolving any issues.
Axiory’s support team holds two awards; 1. Excellence in Customer Service by the International Investor Business Awards, and 2. Best Customer-Centric Forex Brand, Dubai, the United Arab Emirates from the Global Brand Awards.
Axiory Trading Platforms: MetaTrader & cTrader
With Axiory, traders have access to the two leading trading platforms in the industry; MetaTrader and cTrader. Both platforms are well known for their advanced abilities and customization capabilities that make them convenient for traders.
- Dynamic charts in 9 time-frames
- 24 analytical tools to help you trade
- 30 built-in tech indicators
- 2 stop orders & a trailing stop function
- 2 market orders
- 4 pending orders
- 3 execution modes
- One-click trading
- Access to all assets 24/5
- 94 charts including 26 time-frames
- 6 zoom levels for an in-depth view
- 50+ pre-installed indicators
- Detachable charts for multiple screens
- Built-in trading robots’ creation
- Modify existing orders with a drag & drop
- Create market, limit & stop orders with QuickTrade settings
- Access to all assets 24/5
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Axiory Technology and Apps
Axiory offers Forex trading using the latest technology for trading systems, it has a dedicated technical team to take care of its trading infrastructure and servers. The technical department works constantly to improve its systems, procedures, and services. The system includes a fully-automated registration system that allows traders to register and open a real account in less than 10 minutes, and a demo account takes less than 5 seconds.
In addition, both of its platforms MT4 and cTrader are available for download on iOS and Android devices, as well as web-platforms.
Account Types – Axiory
Axiory offers 3 account types designed for different types of trading. All account types are available on MT4 and cTrader and offer excellent trading conditions. There’s one commission account (Nano), while the other two are non-commission accounts. All accounts require a minimum of $50 as a first deposit.
The Nano account is the only commission-based account, but its commission was lowered by 40% to 6 USD per lot, while its spread remains at an average of 0.2 pips, and leverage goes up to 1:400.
The Standard account has no commission, and its average spread is at 1.2 pips with leverage up to 1:400.
Lastly, the Max account has no commission, and its average spread is around 1.8 pips; however, leverage goes as high as 1:777.
Axiory – Trading Conditions
Get the best trading conditions with Axiory Forex
Axiory offers highly competitive trading conditions that are designed to work in the traders’ favor rather than against them. Axiory traders are privileged to tier-1 liquidity, fast order execution with no dealing desk intervention, and access to real interbank prices.
Axiory offers variable spreads on all three accounts, starting from as low as 0, while leverage goes as high as 1:777 since the broker upgraded its Max account in mid-2020. Also, its platforms offer minimal slippage and the broker allows positive slippage. Their trading condition highlights are:
- Spreads as low as 0 pips
- Leverage up to 1:777
- Minimal slippage
- Positive slippage
- Fast execution
- Negative balance protection
- Low to no commission
With Axiory, traders have access to a wide range of trading assets in different asset classes; FX, Indices, Stocks, Metals & Energies. Altogether there are more than 200 assets to choose from. The broker frequently adds new assets based on market demand and client feedback. Axiory traders can trade on the following:
- 60 + FX pairs, majors, minors, and exotics
- 70 + CFD stocks
- 10 world-class leading indices
- Precious metal pairs, including gold and silver
- Crude oil and gas including WTI & Brent
- US and UK crude oil indices
Axiory offers various free methods to educate traders and prepare them. Educational webinars are a specialty the broker has upheld and only improved, especially in 2020 when most means of communication went online. Axiory webinars are helmed by Axiory Intelligence CEO Tomasz Wisniewski. In addition, various industry-leading experts guest-host webinars on different specialized topics.
Axiory’s webinars are not just for beginners, but also for advanced traders. They cover both the basics but also advanced topics as well as event-centric topics.
In addition to the webinars, Axiory gives traders access to a Trading Academy with dozens of extensive articles that cover all FX topics, including technical and fundamental aspects, terminology and trading psychology.
Lastly, traders are welcome to open an unlimited risk-free demo account with 10,000 virtual US dollars, to experience the platform, assets, conditions, and support.
Axiory demo accounts are unlimited, meaning traders can have them for as long as they’d like and they can open multiple demo accounts, with or without having a live account. Here are some of the advantages of Axiory’s demo account:
- 10,000 virtual trading dollars – or equivalent in other currencies
- Choice of base currency – EUR or USD
- Choice of account type
- Flexible leverage for accurate testing
- Choice of the platform – MT4 or cTrader
- Full use of tools, EAs, and indicators
- Free access to technical and fundamental analyses
- The full support of Axiory’s customer care team
- Multiple demo accounts allowed
- Keep your demo alongside your live account
Axiory complies with the International Financial Services Commission of Belize, license number 000122/15, and providing services for the last 10 years. The traders get a transparent trading environment and award-winning customer support at service.
- Axiory clients trade with tight spread, and low fees
- Quality and helpful support
- Safety and security of Funds – Negative balance protection and Segregation of funds
Additionally, Axiory strictly complies with international anti-money laundering laws and carries out due diligence for all the clients. Hence, Axiory is one of the most reliable Forex brokers in the market.