Overall Rating
4.7/5
Rated #10 of
Recommended FX Brokers
Minimum Deposit
$10
Regulators
IFSC
📱 Trading Desk
MetaTrader4, MetaTrader5, cTrader
₿ Crypto
No
📈 Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
Our Axiory Fees and Spreads Revealed:
Fees and Spreads
The spread list that Axiory offers starts from 0.2 pips on EUR/USD.
The spread list that traders can expect from Axiory will depend on factors such as the trading account that they use, the financial instrument that they trade, and the market conditions on the trading day.
The typical spreads and commissions that traders can expect according to the different account types are as follows:
- Nano Account – from 0.2 pips EUR/USD, with commissions from $6 on forex and $0.04 per CFD to a minimum of $6 per lot traded.
- Standard Account – from 1.2 pips EUR/USD with commission-free trading on forex but commissions of $0.04 charged on Stock CFDs.
- Max Account – from 1.8 pips EUR/USD and commissions of $0.06 on Stock CFDs and a minimum of $8 per lot.
- Tera Account – from 0.2 pips EUR/USD with commissions from $6 on forex and $0.04 per CFD to a minimum of $6 per lot traded.
- Alpha Account – there are no spread charges but there are commissions of $1.5 charged per lot traded.
Additional Trading Fees
Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position. The long and short swaps that traders can expect per instrument are indicated on the official Axiory website.
Traders can expect some of the following long/short swaps:
- EUR/USD – a long swap of -4.367 and a short swap of 0.177
- AUD/JPY – a long swap of -1.21 and a short swap of -2.01
- GBP/USD – a long swap of -4.177 and a short swap of -4.097
Axiory offers Muslim traders who follow Sharia law the option of converting the Nano, Standard, Max, or Tera accounts to an Islamic account, exempting them from paying or earning swaps. When Muslim traders take this option, they must note that there are holding commissions charged on open positions ranging from $3 up to $8.
Axiory is not a spread betting broker which means that spread betting fees will not apply.
Broker Fees
Axiory does not indicate any additional broker fees such as currency conversion fees, inactivity fees, or account management and maintenance fees. However, conditions may change and therefore traders are urged to verify any additional fees not covered in this review.
Pros and Cons
You might also like: Axiory Account Types
You might also like: Axiory Demo Account
You might also like: Axiory Islamic Account Overview
You might also like: Axiory Minimum Deposit
Overall Rating
4.7/5
Rated #10 of
Recommended FX Brokers
Minimum Deposit
$10
Regulators
IFSC
📱 Trading Desk
MetaTrader4, MetaTrader5, cTrader
₿ Crypto
No
📈 Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
FAQ
How many instruments can I trade with Axiory?
You can trade any of the following instruments:
- Forex
- ETFs
- Individual shares
- Stock CFDs
- Indices CFDs
- Energies
- Metals
Which platforms are supported by Axiory?
Axiory supports the following trading platforms:
- cTrader
- MetaTrader 4
- MetaTrader 5
Does Axiory offer leverage?
Yes, Axiory offers leverage up to a maximum of 1:777.
What spreads can I expect with Axiory?
You can expect spreads from as little as 0.2 pips EUR/USD.
Does Axiory charge commission?
Yes, Axiory charges commissions that start from $0.04 per CFD on Stock CFDs.
Are there additional charges on the Islamic account?
Yes, Axiory charges holding commissions that range from $3 up to $8 on forex pairs.
Is Axiory regulated and by whom?
Yes, Axiory is regulated by the IFSC in Belize.
Is Axiory a recommended forex trading broker for experts and beginners?
Yes, Axiory is a forex trading broker that is recommended for experts and beginners alike.
What is the overall rating out of 10 for Axiory?
8/10.
