Axiory review

Axiory Review

Updated : March 27, 2022

Jump to:

Regulation and Safety of Funds

Account Types and Features

Account Registration

Trading Platforms

Range of Markets

Fees

Deposits and Withdrawals

Education and Research

Affiliate Program

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

23310 TZS / $10

Regulators

IFSC, MFSC and FSC

Trading Desk

MetaTrader4, MetaTrader5, CopyTrade and cTrader

Crypto

No

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Axiory At a Glance

🏛 HeadquarteredBelize
🏛 Global OfficesBelize, United Arab Emirates
⚖️ Local Market Regulator in TanzaniaBank of Tanzania (BoT)
💸 Foreign Direct Investment in TanzaniaForeign Exchange Reserves in Tanzania
$0.99B in 2019
💸 Foreign Exchange Reserves in Tanzania6.714 billion US dollars in 2021
🏛 Local office in Dodoma?No
🤝 Governor of SEC in TanzaniaNone, Benno Ndulu is the Central Bank Governor in Tanzania
🏙 Accepts Tanzanian Traders?Yes
🗓 Year Founded2011
📞 Tanzanian Office Contact NumberNone
🤳 Social Media PlatformsFacebook
Instagram
Twitter
LinkedIn
YouTube
⚖️ RegulationIFSC Belize, FSC Mauritius, FCA
🪪 License NumberFinancial Conduct Authority (FCA)
International Financial Services Commission (IFSC)
Financial Services Commission (FSC) in Mauritius
Belize – 000122/163
Mauritius (Tradit) – GB21026376
United Kingdom (London & Eastern LLP) – 534484
⚖️ BoT RegulationNone
🚫 Regional RestrictionsAlbania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Malta, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Yemen, Jordan, Mali, Turkey
☪️ Islamic AccountYes
💻 Demo AccountYes
🛍 Retail Investor Accounts6
📊 PAMM AccountsNo
🤝 Liquidity ProvidersSeveral Partner Banks
💸 Affiliate ProgramYes
📲 Order ExecutionMarket
📊 Average spreadFrom 0.13 pips
📞 Margin Call50%
🛑 Stop-Out20%
📈 Minimum Trade Size0.01 lots
📊 Maximum Trade Size1 standard lot
✅ Crypto trading offered?No
💰 Offers a NAD Account?No
👨‍💻 Dedicated Tanzanian Account Manager?No
📊 Maximum Leverage1:777
🚫 Leverage Restrictions for Tanzania?None
💰 Minimum Deposit (NAD)23,000 TZS or an equivalent to $10
✅ Tanzanian Dollar Deposits Allowed?No
📊 Active Tanzanian Trader Stats150,000+
👥 Active Tanzanian-based Axiory customersUnknown
💳 Tanzanian Daily Forex TurnoverUnknown, overall forex turnover is over $6.6 trillion
💵 Deposit and Withdrawal OptionsCredit Cards
Debit Cards
Bank Transfer
Sticpay
Neteller
Skrill
Vload
ThunderXPay
🏦 Segregated Accounts with Tanzanian Banks?No
📊 Trading Platforms• MetaTrader 4
• MetaTrader 5
• cTrader
• Axiory CopyTrade
✔️ Tradable Assets• Forex
• Gold and Precious Metals
• Oil and Energies
• CFD Indices
• CFD Stocks
• Exchange Stocks
• Exchange ETFs
💸 Offers USD/TZS currency pair?No
📈 USD/TZS Average SpreadN/A
📉 Offers Tanzanian Stocks and CFDsNone
🗣 Languages supported on WebsiteThai, Portuguese, Russian, Spanish, Vietnamese, Chinese, English, Arabic
📞 Customer Support LanguagesMultilingual
⏰ Customer Service Hours24/5
👥 Tanzanian-based customer support?None
✅ Bonuses and Promotions for TanzaniansNone
📚 Education for Tanzanian beginnersYes
📱 Proprietary trading softwareYes
💰 Most Successful Tanzanian TraderUnknown
✅ Is Axiory a safe broker for Tanzanians?Yes
📊 Rating for Axiory Tanzania8/10
🤝 Trust score for Axiory Tanzania90%
👉 Open an account👉 Open Account

Axiory Overview

Axiory Review Overview

 

👉 Overall, Axiory is a registered broker in Tanzania that offers MetaTrader and cTrader platforms and excellent trading technologies to both novice and experienced traders.

 

👉 Axiory is considered low-risk, with an overall Trust Score of 90 out of 100. Axiory is licensed by one Tier-1 Regulator (high trust), zero Tier-2 Regulators (average trust), and two Tier-3 Regulators (low trust). Axiory offers five different retail trading accounts namely a Nano Account, Standard Account, Max Account, Tera Account, and Alpha Account.

 

👉 Axiory Accepts Tanzanian Clients and has an average spread from 0.13 pips with commission fees from 0.04 USD. Axiory has a maximum leverage ratio up to 1:777 and there is a demo and Islamic account available. MT4, MT5, cTrader, and Axiory CopyTrade platforms are supported. Axiory is headquartered in Belize and is regulated by IFSC Belize, FSC Mauritius, and FCA.

 

👉 Axiory was established in 2011 as an ECN/STP broker. From its inception until today, Axiory has acquired a reputation as a reliable CFD broker with low and competitive spreads. The IFSC regulates Axiory, allowing them to provide a forgiving trading environment and attractive features like high leverage to its customers.

 

👉 Axiory offers a low-cost trading environment, as well as a solid instructional infrastructure and a wealth of valuable information to meet the needs of traders of all skill levels. The number of countries in which they are accessible is restricted to less than 50, and the number of assets available is still about 150, with this figure steadily increasing.

 

👉 This Axiory review for Tanzania will provide local retail traders with the details that they need to consider whether Axiory is suited to their unique trading objectives and needs.

 

Axiory Distribution of Traders

Axiory Review Distribution of Traders

 

👉 Axiory currently has the largest market share in these countries:

➡️️ Japan – 54.3%

➡️️ United States – 4.9%

➡️️ South Africa – 4.8%

➡️️ Switzerland – 4.7%

➡️️ Thailand – 4.3%

 

Popularity among traders who choose Axiory

🥇 Tanzanian traders may find Axiory among the top 100 FX and CFD brokers in Africa, despite the broker’s exceedingly small proportion of the Tanzanian market.

 

 

Axiory Regulation and Safety of Funds

Axiory Review Regulation and Safety

Axiory’s Regulation in Tanzania

👉 Axiory is not locally regulated in Tanzania by the Bank of Tanzania (BoT).

 

Axiory’s Global Regulations

👉However, despite the lack of local regulations, Axiory is well-regulated as follows:

➡️ The Financial Conduct Authority (FCA) under 534484.

➡️ The International Financial Services Commission (IFSC) in Belize under license number 000122/163.

➡️ The Financial Services Commission (FSC) in Mauritius under license number GB21026376.

 

Axiory Client Fund Security and Safety Features

👉 When Tanzanians deposit funds into their trading account, their money is kept in a separate account at a reputable bank or other financial institution.

 

👉 PricewaterhouseCoopers (PwC), which is a well-known international network of suppliers of financial services that includes auditing, is the organization that performs audits on these segregated funds.

Overall Rating

Min Deposit

23310 TZS / $10

Regulators

IFSC, MFSC and FSC

Trading Desk

MetaTrader4, MetaTrader5, CopyTrade and cTrader

Crypto

No

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Axiory Account Types and Features

Axiory Review Account Types

👉 Axiory provides traders with a choice of five distinct account options. Accounts are established according to the trading goals and needs of Tanzanian traders. Trading accounts for Tanzanian Muslim traders, apart from the Alpha Account, could be converted into Islamic accounts.

 

👉 In addition, Tanzanian traders can also register a demo account to practice their trades. Tanzanians may pick from a variety of active retail investor accounts, including:

➡️ Nano Account

➡️ Standard Account

➡️ Max Account

➡️ Tera Account

➡️ Alpha Account

 

Axiory Live Trading Accounts

Axiory Review Live Trading Account

 

Nano Account

👉 When trading micro-lots, there are no restrictions on how many open or pending orders a customer may have. This account may be useful for traders who are new to trading or who wish to try out different approaches.

Account FeatureValue
💸 Minimum Deposit Requirement23,000 TZS or an equivalent to $10
💻 Platforms Available for Account TypeMetaTrader 4, cTrader
📊 Average Spread on Forex Major Pairs0.3 pips
📈 Maximum Leverage Ratio1:400
💰 Commission Charges on Trades$6 per lot
💵 Commissions on Stock CFDs$0.04 per CFD with a minimum of $6
💳 Account Base Currency OptionsEUR or USD
📉 Negative Balance Protection OfferedYes
✔️ Is Hedging Allowed?Yes
💰 Minimum Forex Trading Volume0.01 lots
📈 Maximum Forex Position Size1 Standard Lot or 100,000
💸 Maximum Open and Pending PositionsUnlimited
☪️ Islamic Account Conversion Offered?Yes
💵 Access given to Axiory CopyTrade?No

 

Standard Account

👉 Accounts like this are often used by most traders, based on their regular trading activity and strategy. Below, you can find a list of the account’s features.

Account FeatureValue
💸 Minimum Deposit Requirement23,000 TZS or an equivalent to $10
💻 Platforms Available for Account TypeMetaTrader 4, cTrader
📊 Average Spread on Forex Major Pairs0.13 pips
📈 Maximum Leverage Ratio1:400
💰 Commission Charges on TradesNone
💵 Commissions on Stock CFDs$0.04 per CFD with a minimum of $6
💳 Account Base Currency OptionsEUR or USD
📉 Negative Balance Protection OfferedYes
✔️ Is Hedging Allowed?Yes
💰 Minimum Forex Trading Volume0.01 lots
📈 Maximum Forex Position Size1 Standard Lot or 100,000
💸 Maximum Open and Pending PositionsUnlimited
☪️ Islamic Account Conversion Offered?Yes
💵 Access given to Axiory CopyTrade?No

 

Max Account

👉 For more experienced traders, the Max Account is the next step up, providing them with some of the greatest perks and unique features to complement a broad variety of trading techniques.

Account FeatureValue
💸 Minimum Deposit Requirement23,000 TZS or an equivalent to $10
💻 Platforms Available for Account TypeMetaTrader 4, cTrader
📊 Average Spread on Forex Major Pairs0.2 pips
📈 Maximum Leverage Ratio1:777
💰 Commission Charges on TradesNone
💵 Commissions on Stock CFDs$0.06 per CFD with a minimum of $8
💳 Account Base Currency OptionsEUR or USD
📉 Negative Balance Protection OfferedYes
✔️ Is Hedging Allowed?Yes
💰 Minimum Forex Trading Volume0.01 lots
📈 Maximum Forex Position Size1 Standard Lot or 100,000
💸 Maximum Open and Pending PositionsUnlimited
☪️ Islamic Account Conversion Offered?Yes
💵 Access given to Axiory CopyTrade?Yes

 

Tera Account

👉 This kind of account is for experienced traders who demand the greatest trading circumstances, such as minimal fees, tight pricing, and access to strong trading platforms like MetaTrader 5, which provides them with a wide choice of technical tools, fundamental information, and new technology.

Account FeatureValue
💸 Minimum Deposit Requirement23,000 TZS or an equivalent to $10
💻 Platforms Available for Account TypeMetaTrader 5
📊 Average Spread on Forex Major Pairs0.3 pips
📈 Maximum Leverage Ratio1:400
💰 Commission Charges on Trades$6 per lot
💵 Commissions on Stock CFDs$0.04 per CFD with a minimum of $6
💳 Account Base Currency OptionsEUR or USD
📉 Negative Balance Protection OfferedYes
✔️ Is Hedging Allowed?Yes
💰 Minimum Forex Trading Volume0.01 lots
📈 Maximum Forex Position Size1 Standard Lot or 100,000
💸 Maximum Open and Pending PositionsUnlimited
☪️ Islamic Account Conversion Offered?Yes
💵 Access given to Axiory CopyTrade?No

 

Alpha Account

👉 This is a share dealing account that provides traders access to a wide range of stocks and shares from around the world.

Account FeatureValue
💸 Minimum Deposit RequirementNone
💻 Platforms Available for Account TypeMetaTrader 5
📊 Average Spread on Forex Major PairsNone
📈 Maximum Leverage Ratio1:1
💰 Commission Charges on TradesFrom $1.5 per lot
💵 Commissions on Stock CFDsNone
💳 Account Base Currency OptionsEUR or USD
📉 Negative Balance Protection OfferedNo
✔️ Is Hedging Allowed?No
💰 Minimum Forex Trading Volume1 lot
📈 Maximum Forex Position Size1 lot = 1 share
💸 Maximum Open and Pending PositionsUnlimited
☪️ Islamic Account Conversion Offered?Yes
💵 Access given to Axiory CopyTrade?No

 

Axiory Demo Account

Axiory Review Demo Account

 

👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. 

 

👉 There is a certain degree of risk involved when trading financial markets and Axiory offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.

 

👉 Axiory gives Tanzanian traders a practice account with 10,000 USD in virtual money that they may use on three trading platforms and a variety of marketplaces. Multiple demo accounts may be established continuously and indefinitely.

 

Axiory Islamic Account

Axiory Review Islamic Account

👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.

 

👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.

 

👉 Axiory’s Nano, Standard, Max, and Tera Accounts, all of which can be converted to Islamic Accounts, are available to Muslim traders in Tanzania. Traders using Islamic accounts should be aware of the following spreads, even though the initial deposit is still just 23,000 TZ ($10).

➡️ Nano Account – from 0.2 pips

➡️ Standard Account – from 1.2 pips

➡️ Max Account – from 1.8 pips

➡️ Tera Account – from 0.2 pips

How to open an Account with Axiory

Axiory Review Account Registration

 

👉 To register an account with Axiory, Tanzanian traders can follow these steps:

 

👉 Step 1 – Click on “Sign-Up”

➡️ Go to Axiory’s official website and click on the “Sign-Up” button. 

Axiory Review Step 1

 

👉 Step 2 – Fill Out Your Details

➡️ Fill out all your details and create a password for your account. 

Axiory Review Step 2

 

👉 Step 3 – Follow The Steps

➡️ Choose your account type and then fill out your personal information, the investment questionnaire, and your proof of residence. 

Axiory Review Step 3

Axiory Vs eToro Vs RoboForex – Broker Comparison

AxioryeToroRoboForex
⚖️ RegulationFSC Belize, FSC Mauritius, FCACySEC, FCA, ASIC, FinCEN, FINRA, SIPC, DNB, FSAIFSC
📱 Trading Platform• MetaTrader 4
• MetaTrader 5
• cTrader
• Axiory CopyTrade
• eToro proprietary platform• MetaTrader 5
• MetaTrader 5
• cTrader
• R StocksTrader
• RoboForex Terminal
• CopyFX App
💰 Withdrawal FeeYesYesYes
📊 Demo AccountYesYesYes
📈 Minimum Deposit160 NAD3184 NAD150 NAD
📈 Leverage1:777 Maximum• 1:30 (Retail)
• 1:400 (Professional)
1:2000
📊 SpreadFrom 0.13From 1 pip0.0 pips
💰 CommissionsFrom $0.04None$3 to $4
✴️ Margin Call/Stop-Out50%/20%None indicatedStop-out 100% to 10%
✴️ Order ExecutionMarket

Market/Instant

Market
💳 No-Deposit BonusNoNoNo
📊 Cent AccountsNoNoNo
📈 Account Types• Nano Account
• Standard Account
• Max Account
• Tera Account
• Alpha Account
• Retail Account
• Professional Account
• RoboForex Prime Account
• RoboForex ECN Account
• RoboForex R StocksTrader Account
• RoboForex ProCent Account
• RoboForex Pro Account
⚖️ BoT RegulationNoNoNo
💳 TZS DepositsNoNoYes
📊 TZS AccountNoNoNo
👥 Customer Service Hours24/524/624/7
📊 Retail Investor Accounts515
☪️ Islamic AccountYesYesYes

Overall Rating

Min Deposit

23310 TZS / $10

Regulators

IFSC, MFSC and FSC

Trading Desk

MetaTrader4, MetaTrader5, CopyTrade and cTrader

Crypto

No

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Axiory Trading Platforms

Axiory Review Trading Platform

 

👉 Axiory offers Tanzanian traders a choice between these trading platforms:

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ cTrader

➡️ Axiory CopyTrade

 

Desktop Platforms

Axiory Review Desktop Platforms

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ cTrader

 

MetaTrader 4 and 5

👉 MetaTrader 4 and MetaTrader 5 are popular trading platforms because of the many add-ons and features that can be accessed via them. It is possible to utilize Metatrader 4 and 5 on a desktop computer running Windows, Linux, or macOS.

 

cTrader

👉 Access to direct markets through STP and ECN technology, more than 60 indicators and more may be gained by Axiory Tanzanian clients using cTrader. The desktop version for cTrader only works on Windows-based machines.

 

WebTrader Platforms

Axiory Review WebTrader

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ cTrader

 

MetaTrader 4

👉 Anyone with an Internet-connected device may use MetaTrader 4 online. Tanzanian traders now have access to 30 different technical indicators, 24 different analytical tools, and a variety of order types.

 

MetaTrader 5

👉 It has the same advantages as MetaTrader 4, but it adds 24 graphical elements, 80 technical tools, additional time frames, and one-click trading to the list of extras available in MetaTrader 5.

 

cTrader

👉 cTrader Web allows traders to access their trading accounts from any computer with a web browser, regardless of where they are on the planet. Axiory offers 94 charting tools, 26 time-frames, detachable charts, and a slew of additional features to traders on this platform.

 

Trading App

Axiory Review Trading App

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ cTrader

➡️ Axiory CopyTrade

 

MetaTrader 4 and 5

👉 For iOS and Android devices, MetaTrader 4 and 5 are both available for download and may be used on any tablet or smartphone that supports these operating systems. Tanzanian traders may use these mobile applications to keep track of their deals, execute new trades, access a variety of tools, set up trading notifications, and more.

 

cTrader

👉 It is possible to download the cTrader mobile app for iOS and Android devices, including smartphones and tablets, for free. The cTrader app allows traders to trade while on the go while making use of several features, and while monitoring their current positions while they access their trading activity at any given moment.

 

Axiory CopyTrade

👉 Successful trading strategies take time and effort to develop and perfect. It is the pleasure of the expert traders at Axiory CopyTrade to share their knowledge and experience with Tanzanian investors. All that traders need to do is emulate the strategies used by these great traders.

 

👉 Furthermore, Tanzanian might develop their own trading strategies that are based on the methods of the expert traders that they choose to imitate.

Axiory Range of Markets

Axiory Review Range of Markets

 

👉 Tanzanian traders can expect the following range of markets from Axiory:

➡️ Forex

➡️ Gold and Precious Metals

➡️ Oil and Energies

➡️ CFD Indices

➡️ CFD Stocks

➡️ Exchange Stocks

➡️ Exchange ETFs

 

Broker Comparison for Range of Markets

AxioryeToroRoboForex
➡️️​ ForexYesYesYes
➡️️​ Precious MetalsYesYesNo
➡️️​ ETFsYesYesNo
➡️️​ CFDsYesYesYes
➡️️​ IndicesYesYesYes
➡️️​ StocksYesYesYes
➡️️​ CryptocurrencyNoYesYes
➡️️​ OptionsNoNoNo
➡️️​ EnergiesYesYesNo
➡️️​ BondsNoNoNo

Axiory Trading and Non-Trading Fees

Spreads

👉 The spreads offered by Axiory may vary based on the kind of account, the financial instrument, and the current state of the financial markets. When trading live trading accounts, the following are the average spreads for Tanzanian traders:

➡️ Nano Account – from 0.3 pips EUR/USD

➡️ Standard Account – from 0.13 pips EUR/USD

➡️ Max Account – from 0.2 pips EUR/USD

➡️ Tera Account – from 0.3 pips EUR/USD

 

👉 With the Islamic Account conversion, Muslim traders can expect these unique spreads:

➡️ Nano Account – from 0.2 pips EUR/USD

➡️ Standard Account – from 1.2 pips EUR/USD

➡️ Max Account – from 1.8 pips EUR/USD

➡️ Tera Account – from 0.2 pips EUR/USD

 

Commissions

Axiory Review Commissions

 

👉 The commissions that Tanzanians can expect from Axiory will depend on the account being used and the financial instrument being traded. Tanzanian traders can expect these typical commission charges:

➡️ Nano Account – $6 per lot on trades and $0.04 per CFD with a minimum of $6.

➡️ Standard Account – $0.04 per CFD with a minimum of $6.

➡️ Max Account – $0.06 per CFD with a minimum of $8.

➡️ Tera Account – $6 per lot on trades and $0.04 per CFD with a minimum of $6.

➡️ Alpha Account – from $1.5 per lot

 

Overnight Fees, Rollovers, or Swaps

Axiory Review Leverage

👉 Axiory gives Tanzanian traders a full explanation of the overnight charges that they may expect to incur because of using the platform, according to the company. The overnight expenses may vary depending on the trading instrument and asset class, and might be as follows:

➡️ EUR/USD – A short swap of 0.17 and a long swap of -4.73

➡️ NASDAQ – A short swap of 0.675 and a long swap of -0.7644

➡️ XAU/USD – A short swap of -1.82 and a long swap of -4.28

➡️ XAG/USD – A short swap of -0.31 and a long swap of -0.786

➡️ Brent Oil – A short swap of -87.0471 and a long swap of 78.8458

➡️ CFD Stocks – A short swap of -2.5 and a long swap of -2.5

 

Deposit and Withdrawal Fees

👉 Axiory does not need to impose deposit fees, and although there are no withdrawal fees listed on their website, Axiory states that costs on Skrill and Neteller may be levied.

 

Inactivity Fees

👉 Axiory does not charge an inactivity fee on dormant accounts. However, if a live trading account becomes dormant after three consecutive months, the account will automatically be closed according to Axiory’s Terms and Conditions on Investment Services.

 

Currency Conversion Fees

👉 When Tanzanian traders deposit in any currency other than USD or EUR, they may face currency conversion fees.

 

Axiory Deposits and Withdrawals

Axiory Review Deposits And Withdrawals

 

👉 Axiory offers the following deposit and withdrawal methods:

➡️ Credit Cards

➡️ Debit Cards

➡️ Bank Transfer

➡️ Sticpay

➡️ Neteller

➡️ Skrill

➡️ Vload

➡️ ThunderXPay

 

How to Deposit Funds with Axiory

👉 To deposit funds to an account with Axiory, Tanzanian traders can follow these steps:

 

👉 Step 1 – Log on to the Axiory homepage

➡️ Once traders have completed the registration process, they can make the minimum deposit by logging onto the Axiory home page and logging in by selecting ‘my Axiory’

How to Deposit Funds with Axiory step 1

 

👉 Step 2: Log into MyAxiory

Fill in the details you used to register your Axiory account with your email and password.

How to Deposit Funds with Axiory step 2

 

👉 Step 3 –   Select Deposit

Traders will then be redirected to the Axiory trade dashboard where they will be required to locate the Deposit option on the account created, the trader can click on  ‘Deposit’.

How to Deposit Funds with Axiory step 3

 

👉 Step 4 –  Enter the amount you wish to deposit into your Axiory trading account.

How to Deposit Funds with Axiory step 4

 

Axiory Fund Withdrawal Process

👉 To withdraw funds from an account with Axiory, Tanzanian,traders can follow these steps:

➡️ Sign into MyAxiory and select “Withdrawal” from the account actions offered

➡️ Choose the same payment method that was used during deposits

➡️ Complete the withdrawal request and wait for processing

Overall Rating

Min Deposit

23310 TZS / $10

Regulators

IFSC, MFSC and FSC

Trading Desk

MetaTrader4, MetaTrader5, CopyTrade and cTrader

Crypto

No

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Axiory Education and Research

Axiory Review Eduction And Research

 

Education

👉 Axiory offers the following Educational Materials:

➡️ Axiory Trading Academy

➡️ Webinars

➡️ “How To” guidelines

 

👉 Axiory offers Tanzanian traders the following Research and Trading Tools:

➡️ Daily Market News

➡️ Daily Technical Analysis

➡️ Axiory Intelligence

 

Axiory Bonuses and Promotions

👉 Axiory does not currently offer any active bonuses or promotions to Tanzanian traders.

How to open an Affiliate Account with Axiory

👉 To register an Affiliate Account, Tanzanians can follow these steps:

➡️ Navigate to the official Axiory website and hover over the “Partnerships” tab on the homepage.

➡️ Click on “Partners” and select “Partner with Axiory” from the page that loads.

➡️ Choose between Introducing Broker, Affiliate, and Company Representative.

➡️ Complete the application by providing the required information and select “Open My Partnership Account” once you are done to get started with Axiory.

 

Axiory Affiliate Program Features

Axiory Review Affiliate Program

 

👉 The Lot Rebate and CPA commissions offered by Axiory are among the highest in the industry. With this arrangement, partners may set a payment schedule that is most convenient for them while still receiving regular payments from the other. Account managers and marketing employees at the broker are ready to help affiliates in any manner that they may need them.

 

👉 Using CPA plans and rebate options, partners have the potential to earn $1,000 right now. A variety of extra incentives are available to partners in addition to this. Affiliates of Axiory in Tanzania can pick from the following options:

➡️ $10 Lot Rebate Plan with $10 rebates and recurring commission

➡️ $1,000 CPA Plan

➡️ The master Affiliate program includes sub-affiliates and introducing brokers who may earn up to 10% of all produced revenue.

 

Axiory Customer Support

👉 Axiory offers prompt, helpful customer support that can be contacted during market hours and days from Monday to Friday. There are several communication channels that can be used and customer support is friendly and informative.

 

Axiory Corporate Social Responsibility

👉 There is currently no information on the Corporate Social Responsibility of Axiory.

Verdict on Axiory

👉 Axiory is a Belize-based forex broker with IFSC, FCA, and FSC licenses, as well as Financial Commission membership. This ensures that when you deposit funds into your Axiory account or place new trades, you will not have to worry about your financial security.

 

👉 Axiory has taken steps to safeguard all its trading accounts from negative balances by applying the appropriate protection. Axiory has five types of trading accounts namely Nano Account, Standard Account, and MAX Account.

 

👉 Axiory’s trading platforms are packed with outstanding trading tools that can help you boost your market profitability.

 

👉 The overall verdict on Axiory is that if you want a transparent and accurate broker that cares about the protection of your finances and personal information, Axiory is a strong recommendation.

Overall Rating

Min Deposit

23310 TZS / $10

Regulators

IFSC, MFSC and FSC

Trading Desk

MetaTrader4, MetaTrader5, CopyTrade and cTrader

Crypto

No

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Axiory Pros and Cons

✔️ Pros❌ Cons
While Axiory is based in Belize, the broker is regulated by FCA, IFSC, and FSCThere is no TZS-denominated trading account for Tanzanians
Tanzanian traders can choose between three powerful trading platforms and can use an innovative Copytrading appAxiory does not offer local deposit or withdrawal methods to Tanzanians
There is an extremely low minimum deposit of 23,000 TZS when traders register a live accountThere is a limited selection of tradable instruments
There is an Islamic option offered to Muslim tradersThere is no crypto trading available
There is a demo account option offered for an unlimited time

Frequently Asked Questions

 

Is Axiory regulated?

Yes, Axiory is a well-regulated Belize-based broker. Axiory has regulation and authorization through the FCA in the United Kingdom, IFSC in Belize, and FSC in Mauritius.

 

Is Axiory a Market Maker broker?

No, Axiory is not a market maker broker but an ECN/STP broker. Instead of creating a market for its traders, Axiory submits the orders of its clients to other market makers who provide liquidity and some of the most competitive pricing.

 

Does Axiory have Nasdaq?

Yes, Axiory has Nasdaq. Tanzanian traders can trade Nasdaq with spreads that start from 2.2 pips.

 

Does Axiory offer a demo account?

Yes, Axiory offers a demo account that never expires even when it is inactive.

 

What is the withdrawal time for Axiory?

The withdrawal time for Axiory is between instantaneous processing up to 10 working days, depending on the payment method that is being used for withdrawals.

 

Does Axiory have Volatility 75?

No, Axiory does not currently have VIX.

 

What is the overall rating for Axiory?

The overall rating for Axiory is 8/10. This rating is based on the range of account types that Axiory offers Tanzanian traders. The rating also considers the trading technology available along with the trading conditions offered by Axiory.

Conclusion

👉 Now it is your turn to participate:

➡️ Do you have any prior experience with Axiory?

➡️ What was the determining factor in your decision to engage with Axiory?

➡️ Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?

➡️ Have you experienced any issues with Axiory such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?

 

👉 Regardless, please share your thoughts in the comments below.

 

Addendum/Disclosure:

👉 No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

10/10 - (1 vote)

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