Axiory Forex Philippines – A detailed Review
Axiory offers global traders a savvy, friendly, and intuitive space to access the forex and CFDs market.
The broker’s core values are fairness, transparency, and care for all stakeholders. This has helped Axiory to grow from a small broker to a global industry leader with thousands of loyal traders around the world.
Who is Axiory?
The Axiory brand was established in 2011 with a core mission of putting clients’ needs first and localizing its services to best serve traders. Axiory is not only driven by the market but also by feedback from partners and traders, an approach that has fueled Axiory’s growth into one of the industry’s leading brokers, trusted by both beginners and seasoned traders.
The company is headquartered in Belize and has an office in the heart of Dubai where a local team caters to the needs of GCC clients.
Check out the best Forex Brokers in the Philippines.
Axiory holds a license from the International Financial Services Commission (IFSC). The company’s processes and procedures adhere to the highest security standards.
Axiory’s customer-centric approach has led to several awards, including Excellence in Customer Service, Most Transparent Broker, Best Customer-Centric Forex Brand, and Best CEO in the FX Brokerage Industry.
Axiory Forex Account Types
Axiory offers three account types, all featuring fair access to the markets, education, free webinars, swap-free trading, and corporate accounts.
|Account Type||Spread (EURUSD)||Leverage||Commission|
|Axiory Nano Account||0.2||1:400||$6 per Lot|
|Axiory Standard Account||1.2||1:400||0|
|Axiory Max Account||1.8||1:777||0|
Axiory’s demo account allows traders to experience exactly what it would be like to trade with an Axiory live account, risk-free. The Axiory demo account comes with $10,000 in demo money and can offer any account type, spread, leverage, or trading specs a trader needs.
Traders can have a demo account for as long as they’d like and can open several demo accounts, with or without the requirement of having a live account. Some advantages of Axiory’s demo account include:
- 10,000 virtual trading dollars – or equivalent in other currencies
- Base currency – EUR or USD
- Choice of account type
- Flexible leverage for accurate testing
- Choice of platform – MT4 & 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
In addition to retail accounts, Axiory offers partner accounts, including lot-rebate and hybrid plans.
Partners can join Axiory’s $1000 CPA plan, the most competitive payout in the industry.
Traders can open a real account in less than 10 minutes and a demo account in 5 seconds, thanks to a smart onboarding system. The account opening process can also be entirely completed with a smartphone.
Account funding & withdrawals
With Axiory, traders can fund their accounts by wire transfer, credit/ debit card, and various e-wallets.
There are no broker-levied deposit or withdrawal fees on transactions over 200 USD. Transactions of less than 200 USD are subject to a 15 USD (or EUR) transaction fee.
Below are the methods through which traders can deposit and withdraw funds:
- Credit/ debit card (Visa, JCB)
- International wire transfer
- ThunderXPay (local Thai Wire Transfer)
With Axiory, traders can choose two leading trading platforms, MetaTrader (MT4) and cTrader platform. Both platforms are well known for their advanced abilities and customization capabilities and are available on desktop, mobile, and web.
- 24 analytical tools to help you trade
- Dynamic charts in 9 time-frames
- 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 of price action
- 50+ pre-installed indicators
- Detachable charts that can be used across multiple screens
- Built-in trading robots’ creation & optimisation
- Modify existing orders with a drag & drop
- Create market, limit & stop orders with QuickTrade settings
- Access to all assets 24/5
Advantages and disadvantages
Since its founding, Axiory has created a space for traders to access the market with fair conditions and excellent support.
Products and services
Axiory offers access to more than 170 assets in five asset classes. Traders can trade on:
- 60 + FX pairs, majors, minors, and exotics
- 70+ CFD stocks (on MT4)
- Precious metal pairs, including gold and silver
- Crude oil and gas, including WTI & Brent
- Ten world-class leading indices
- US and UK crude oil indices
Axiory offers trading conditions designed to work in the traders’ favor, combined with risk management tools to keep trades in-check. Here’s the list of trading conditions offered at Axiory:
- Spreads as low as 0 pips
- Leverage up to 1:777
- Minimal slippage
- Positive slippage
- Fast execution
- Negative balance protection
Axiory offers an extensive and comprehensive library of educational articles that cover all forex basics, strategies, trading tools, platforms, technical and economic indicators, trading psychology, and more.
Axiory traders can access ongoing webinars with mini webinar-series focused on topical events like the elections or coronavirus. The webinars are mainly hosted by Axiory Intelligence CEO Tomasz Wisnewski, and they are always customized to fit the needs of the market and of Axiory’s traders.
Aside from the webinars, Axiory offers a Trading Academy with dozens of lessons that cater to both beginners and seasoned professionals. The academy is constantly updated to cover more valuable lessons for traders.
Axiory is a great choice for every level looking to open a trading account. It offers traders a wide array of features and has proven itself to be a trustworthy broker for close to a decade. Based on their product offering, trading conditions, commitment to transparency, constant evolution, and putting clients first, it’s easy to see why so many traders worldwide choose Axiory as their preferred broker. The company’s reputation is backed by multiple awards and positive reviews on forums and websites, including TrustPilot.