Axiory Forex Broker Review
Company | Axiory Ltd |
---|---|
Founded in | 2011 |
Online since | 2011 |
Offices in | Malta, Seychelles |
Payment options | Credit Cards, Debit cards, Liberty Reserve, Wire Transfer |
Demo Platforms | Meta Trader 4 and Meta Trader 5 limited to 14 and 30 days of use respectively |
Account currencies | Australian dollar, Euro, Great Britain pound,
Japanese yen, Swiss franc |
Currency pairs | AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/DKK EUR/GBP EUR/JPY EUR/NOK EUR/NZD EUR/PLN EUR/SEK EUR/TRY EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD NZD/CAD NZD/CHF NZD/JPY NZD/USD USD/CAD USD/CHF USD/DKK USD/HKD USD/HUF USD/ILS USD/JPY USD/MXN USD/NOK USD/PLN USD/SEK USD/SGD USD/TRY USD/ZAR |
Regulated by | |
US Traders welcome? | No |
Bonus? (detailed) | |
Website available in (languages) | English |
Support available in | Arabic, Czech, English,French,Slovak, Spanish |
Support methods | Email, Live Chat, Phone,, Skype |
Account Types (micro standard executive islamic) | STP |
Or others. | |
Minimum account size | $100 |
Minimum position size | 0.01 lot |
Spread type | Variable |
Typical spread on EUR/USD, pips | 2.1 |
Minimum spread on EUR/USD, pips | 1.4 |
Scalping | Allowed |
Expert advisors | Allowed |
Trading instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:300, Gold & Silver- 1:300, CFD – 1:300, Oil- 1:300, Indexes – 1:300 |
Trading platforms | Meta Trader 4, Mirror Trader, Currensee Trade Leaders, Axiory Multi Trader |
Digits after the dot in quotes | 5 |
Margin call level | 100% |
Stop-out level | 50% |
Number of currency pairs | 45 |
Bonus offers | Yes |
Free education | Yes |
Personal manager | Yes |
Trading by telephone | Yes |
MAM accounts | Yes |
Segregated accounts | Yes |
Managed accounts | Yes |
Affiliate program | Yes |
Islamic accounts available | Yes |
· Hedging | Yes |
Overnight interest rates (swaps) | Yes |
Trailing stop | Yes |
Pending orders | Yes |
Mobile trading | Yes |
Browser-based platform | Yes |
Automated trading | Yes |
Axiory Forex is one company which started with an aim to provide its traders a complete trading solution and was established in the year 2011 and started its internet based online trading then itself. Tough the company is new to the forex market it has already carved a niche for itself. They have their office in Malta and Seychelles and are not a regulated company. They also provide free education to all their customers, this helps them to understand the forex market better and improve their trading skills. A personal Manager is also given to the traders who help them to manage their accounts better. They offer only one type of account to their trader that is STP account. However, they do offer PAMM, LAMM, MAM and segregated accounts. Islamic account is also available for Muslim traders who follow Islamic laws on trading. The payment options are limited and include credit cards, debit cards, Liberty Reserve and Wire transfer. However, they make sure that the traders do not have any problem while depositing funds and making withdrawals.
The trading platform offered in the demo account is Meta Trader 4 and Mirror Trader and both of them is limited to use of 14 days and 30 days of inactivity. However, for real trading they offer Meta Trader 4, MirrorTrader, Currensee Trade leaders and Axiory Multi Trader platform. All these trading platforms have a very friendly user interface and helps in smooth and successful trading experience. The use of scalping and Expert advisor is also allowed. They also allow hedging and hence make sure that the trader can get maximum profit. The trading instruments like Gold and Silver, CFDs, Oil and Indexes are also provided to the customers along with Forex. The maximum leverage on each of these instruments is 1:300.
The reviews have become the best means by which you can judge a company’s performance and the quality of service that it provides. The reviews posted online about Axiory Forex broker shows that it has many happy customers and many have recommended them. The most talked about feature of the company is the large number of instruments that it has to offer and at a leverage of 1:300 each. They also like the fact that they have segregated account so that the trader’s money is safe. The traders also like the range of trading platform offered to them by the company. They say, it gives them the liberty to choose the platform which suits their trading needs the best. The minimum amount requited to open an STP account with them is $100 and the minimum position size is 0.01 lots. May traders who want to scalp love the fact that they allow scalping along with hedging. Some of the cons of trading with them are that they are not regulated. Also their website is available only in English. However, the overall review is very positive and is the rating given to it by their users is 5.3 out of 10