Axiory Review – Avoid axiory.com Scam At All Cost!
Broker status | Offshore Scam Broker |
Regulated by | Unlicensed Forex Provider / No Regulation |
Scammers Websites | axiory.com |
Blacklisted as a Scam by | JFSA, ASF |
Owned by | Axiory Global Ltd, Tradit Ltd |
Headquarters Country | Belize, Mauritius |
Foundation year | 2011 |
Supported Platforms | MT4, MT5, cTrader |
Minimum Deposit | $10 |
Cryptocurrencies | Forex / Commodities / Indices / Shares / ETFs |
Types of Assets | Not Available |
Maximum Leverage | 1:777 |
Free Demo Account | Yes |
Is Axiory a Scam Broker?
Axiory, a trading brand, is managed by two offshore entities: AxioryGlobal Limited from Belize and Tradit Limited from Mauritius. We are not relieved that these domains are offshore.
The Axiory regulation can’t be considered legitimate. The warnings made by Japanese and Romanian regulators against the broker confirm that Axiory is not authorized to operate in these countries.
Romania is a member of the European Securities and Markets Authority. This means that the European Securities and Markets Authority rules apply. Axiory does not follow these rules and cannot offer services within the EEA area.
Even worse, traders complained about the broker and claimed they had withdrawal problems with Axiory.
Axiory claims it offers the best conditions and tools for trading Forex and CFDs. Axiory does not have a valid trading licence, so regulators have issued warnings about the broker.
Axiory Warning
This is the problem with Axiory. The broker doesn’t meet the ESMA criteria to be allowed to operate in Europe. This is why the Romanian warned him.
We also found another warning against Axiory from the Japanese FSA, an established Tier 1 regulator. Axiory is not allowed to operate in Japan or Europe, and certainly not in the United States.
Axiory Reviews – Traders’ Experience
How was the experience of traders with Axiory? There are many positive and negative reviews about Axiory, as the broker is well-known.
We discovered that many traders were having withdrawal problems with this broker. Here’s what they had to say about Axiory:
I’m from india and I’m not satisfied with the axiory deposit and withdrawal service.
As I’m paying extra money from my pocket for every deposit and withdrawal through provided option of skrill…
Trustipilot user, August 3, 2022.
Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Solar Markets, InvestCore, Aiko Markets.
Axiory Trading Assets
In terms of trading instruments, Axiory offers the following:
- Forex pairs: EUR/USD, AUD/CHF, JPY/GBP…;
- Metals: gold, platinum, palladium;
- Energies: crude oil, natural gas…;
- Indices: FTSE100, NIKKEI225, AUS200…;
- Stocks: Boeing, Apple, Nike…;
- ETFs.
Axiory Trading Accounts Review
Axiory offers five different retail account types:
- Nano: 10 $, leverage up to 1:400, spread from 0.2 pips, commissions 6 $ per lot;
- Standard: 10 $, leverage up to 1:400, spread 1.2 pips, zero commissions;
- Max: 10 $, leverage up to 1:777, spread 1.8 pips, zero commissions;
- Tera: 10 $, leverage up to 1:400, spread from 0.3, commissions 6 $ per lot;
- Alpha: MT5, leverage 1:1, commissions from 1.5 $ per lot.
The only exception to the Alpha account is that all account types include a swap-free Islamic version. Tera & Alpha have MT5 trading platform, while all other accounts offer MT4 or cTrader.
The leverage caps at Axiory are quite high. They don’t comply with ESMA rules – 1:30 limit for retail clients. This limit is there for a reason. High leverage is dangerous and can lead to huge losses.
Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.
Chargeback Is Your Solution!
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.
However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
Request a free consultation today by clicking the button below!
Axiory: Video
You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Axiory. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Axiory!
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FAQ
- What is the Minimum Deposit at Axiory?
10$
- What Assets Does Axiory Have?
Available assets include forex, commodities, indices, shares and ETFs. Think twice before taking any risks while investing money!
- Axiory Maximum Leverage
1:777
- Can I Trade For Free?
Yes, Axiory offers a free demo account with 10,000$ in virtual funds.
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