Axiory Review
Overall, Axiory is a registered broker in Uganda that offers MetaTrader and cTrader platforms and excellent trading technologies to both novice and experienced traders. Axiory is currently not regulated by the CMA of Uganda
- Lesche Duvenage
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
- 4.8/5
Min Deposit
10 USD / 35,000 UGX
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 Review – 25 key points quick overview:
Axiory Overview- Axiory At a Glance
- Axiory Regulation and Safety of Funds
- Axiory Awards and Recognition
- Axiory Account Types and Features
- How to open an Account with Axiory in Uganda
- Axiory Vs eToro Vs RoboForex – Broker Comparison
- Axiory Trading Platforms
- Axiory Range of Markets
- Broker Comparison for Range of Markets
- Axiory Trading and Non-Trading Fees
- Axiory Deposits and Withdrawals
- How to Deposit Funds with Axiory
- Axiory Fund Withdrawal Process
- Axiory Education and Research
- Axiory Bonuses and Promotions
- How to open an Affiliate Account with Axiory
- Axiory Affiliate Program Features
- Axiory Customer Support
- Axiory Corporate Social Responsibility
- Our Verdict on Axiory
- Axiory Pros and Cons
- Axiory Current Popularity Trends
- Frequently Asked Questions
- Conclusion
Axiory Overview
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 Ugandan 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, created in 2011, enables worldwide traders an educated, polite, and uncomplicated atmosphere to join the FX and CFDs market.
The core principle of Axiory found is based on transparent supply to the clients and trading community, while traders will acquire peerless and well-developed technology for its greater performance.
This Axiory review for Uganda 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 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
While Axiory does not have a significant market share in Uganda, the broker is active across Africa, placing it in the Top 100 FX and CFD brokers for Ugandan traders.
Axiory At a Glance
| 🏛 Headquartered | Belize |
| 🏙 Local office in Kampala? | None |
| ✅ Accepts Uganda traders? | Yes |
| 🗓 Year Founded | 2011 |
| 📞 Uganda traders Office Contact Number | None |
| 🤳 Social Media Platforms | • Facebook • YouTube |
| ⚖️ Regulation | FSC Belize, FSC Mauritius, FCA |
| 🪪 License Number | • Belize – 000122/163 • Mauritius (Tradit) – GB21026376 • United Kingdom (London & Eastern LLP) – 534484 |
| ⚖️ CMA Uganda Regulation | None |
| 🚫 Regional Restrictions | United States, Canada, EU Countries, Japan, The Islamic Republic of Iran, Indonesia, North Korea, Belize, Russia, Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Uganda, Yemen, Jordan, Mali, Turkey |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 6 |
| 📊 PAMM Accounts | No |
| 🤝 Liquidity Providers | Several Partner Banks |
| 💸 Affiliate Program | Yes |
| 📲 Order Execution | Market |
| 📊 Average spread | From 0.13 pips |
| 📞 Margin Call | 50% |
| 🛑 Stop-Out | 20% |
| ✅ Crypto trading offered? | No |
| 💰 Offers a UGX Account? | No |
| 👨💻 Dedicated Uganda traders Account Manager? | No |
| 📊 Maximum Leverage | 1:777 |
| 🚫 Leverage Restrictions for Uganda? | None |
| 💰 Minimum Deposit | 35,000 UGX or an equivalent to $10 |
| ✅ Uganda Shilling Deposits Allowed? | No |
| 📊 Active Uganda traders Trader Stats | 100,000+ |
| 👥 Active Uganda traders-based Axiory customers | Unknown |
| 💳 Uganda Daily Forex Turnover | Unknown, overall Forex Daily Trading Volume is over $6.6 Trillion |
| 💵 Deposit and Withdrawal Options | • Credit Cards • Debit Cards • Bank Transfer • Sticpay • Neteller • Skrill • Vload • ThunderXPay |
| 🏦 Segregated Accounts with Uganda traders 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/UGX currency pair? | No |
| 📈 USD/UGX Average Spread | N/A |
| 📉 Offers Uganda traders Stocks and CFDs | None |
| 🗣 Languages supported on Website | Thai, Portuguese, Russian, Spanish, Vietnamese, Chinese, English, Arabic |
| 📞 Customer Support Languages | Multilingual |
| ⏰ Customer Service Hours | 24/5 |
| 👥 Uganda traders-based customer support? | None |
| ✅ Bonuses and Promotions for Uganda traders | None |
| 📚 Education for Uganda beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 💰 Most Successful Ugandan Trader | Unknown |
| ✅ Is Axiory a safe broker for Ugandan traders? | Yes |
| 📊 Rating for Axiory Uganda | 8/10 |
| 🤝 Trust score for Axiory Uganda | 90% |
| 👉 Open an account | 👉 Open Account |
Overall Rating
- 4.8/5
Min Deposit
10 USD / 35,000 UGX
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 Regulation and Safety of Funds
Axiory’s Regulation in Uganda
Axiory is not locally regulated in Uganda by the Capital Markets Authority (CMA) Uganda.
Axiory’s Global Regulations
Axiory is well regulated by the FCA, IFSC, and FSC as follows:
The local legislative entity in Belize, the International Financial Services Commission (IFSC), monitors and oversees Axiory under license number 000122/163.
The Financial Services Commission (FSC) of Mauritius oversees Axiory Global Ltd through Tradit Ltd under license number GB21026376.
Financial Conduct Authority (FCA) oversees the Axiory CopyTrade platform run by London & Eastern under license number 534484.
Axiory Client Fund Security and Safety Features
Axiory maintains segregated customer money apart from the broker’s operational funds. Axiory works in total openness and compensates its clients. Additionally, Axiory is audited by a third party, ensuring that the broker can be trusted.
Axiory Awards and Recognition
Axiory has accumulated an impressive list of awards in recent years, including, but not limited to the following:
Fxdaily Awards issued Axiory with the award for the Best Affiliate Program in 2023.
“Best New Forex Brand” in Southeast Asia in 2021, awarded by the Global Brands Magazine Awards.
“Best New Forex Brand Africa,” awarded by the Global Brands Magazine Awards in 2021.
Axiory was given the “Best Forex Educators” award by Global Forex Awards in 2021.
“Most Transparent Broker in Asia,” awarded in 2021 by the Ultimate Fintech Awards.
“Best Education Provider” in 2021, issued by Fxdaily Awards.
“Best Forex Broker CFDs,” issued by Fxdaily Awards in 2021.
Axiory Account Types and Features
Axiory offers five different account types to traders. Each account is created with the trader’s trading objectives and requirements in mind. Ugandan Muslim traders may convert any of their real trading accounts, except for the Alpha Account, into an Islamic account, as well as a demo account, to practice trading.
The live retail investor accounts that Ugandans can choose from are:
Nano Account
Standard Account
Max Account
Tera Account
Alpha Account
Axiory Live Trading Accounts
Nano Account
The Axiory Nano Account is not only perfect for first-time Ugandan traders, but also for anybody who prefers to trade with lower position sizes in a more secure environment. In the case of micro-lot trading, there are no limitations on the number of active or pending orders that a client may have at any one time.
This account is suited to both beginner traders and those who like to experiment with various trading tactics in general.
| Account Feature | Value |
| 💸 Minimum Deposit Requirement | 35,000 UGX /$10 |
| 💻 Platforms Available for Account Type | MetaTrader 4, cTrader |
| 📊 Average Spread on Forex Major Pairs | 0.3 pips |
| 📈 Maximum Leverage Ratio | 1:400 |
| 💰 Commission Charges on Trades | $6 per lot |
| 💵 Commissions on Stock CFDs | $0.04 per CFD with a minimum of $6 |
| 💳 Account Base Currency Options | EUR or USD |
| 📉 Negative Balance Protection Offered | Yes |
| ✔️ Is Hedging Allowed? | Yes |
| 💰 Minimum Forex Trading Volume | 0.01 lots |
| 📈 Maximum Forex Position Size | 1 Standard Lot or 100,000 |
| 💸 Maximum Open and Pending Positions | Unlimited |
| ☪️ Islamic Account Conversion Offered? | Yes |
| 💵 Access given to Axiory CopyTrade? | No |
Standard Account
There are many other types of trading accounts, but many traders often use this type as it is suited to their specific requirements. The following table lists the features that may be accessed when Ugandan traders choose the Standard Account.
| Account Feature | Value |
| 💸 Minimum Deposit Requirement | 35,000 UGX /$10 |
| 💻 Platforms Available for Account Type | MetaTrader 4, cTrader |
| 📊 Average Spread on Forex Major Pairs | 0.13 pips |
| 📈 Maximum Leverage Ratio | 1:400 |
| 💰 Commission Charges on Trades | None |
| 💵 Commissions on Stock CFDs | $0.04 per CFD with a minimum of $6 |
| 💳 Account Base Currency Options | EUR or USD |
| 📉 Negative Balance Protection Offered | Yes |
| ✔️ Is Hedging Allowed? | Yes |
| 💰 Minimum Forex Trading Volume | 0.01 lots |
| 📈 Maximum Forex Position Size | 1 Standard Lot or 100,000 |
| 💸 Maximum Open and Pending Positions | Unlimited |
| ☪️ Islamic Account Conversion Offered? | Yes |
| 💵 Access given to Axiory CopyTrade? | No |
Max Account
When it comes to account tiers, the Max Account is a step up in complexity, allowing more experienced traders to benefit from some of the best rewards and unique features available.
| Account Feature | Value |
| 💸 Minimum Deposit Requirement | 35,000 UGX /$10 |
| 💻 Platforms Available for Account Type | MetaTrader 4, cTrader |
| 📊 Average Spread on Forex Major Pairs | 0.2 pips |
| 📈 Maximum Leverage Ratio | 1:777 |
| 💰 Commission Charges on Trades | None |
| 💵 Commissions on Stock CFDs | $0.06 per CFD with a minimum of $8 |
| 💳 Account Base Currency Options | EUR or USD |
| 📉 Negative Balance Protection Offered | Yes |
| ✔️ Is Hedging Allowed? | Yes |
| 💰 Minimum Forex Trading Volume | 0.01 lots |
| 📈 Maximum Forex Position Size | 1 Standard Lot or 100,000 |
| 💸 Maximum Open and Pending Positions | Unlimited |
| ☪️ Islamic Account Conversion Offered? | Yes |
| 💵 Access given to Axiory CopyTrade? | Yes |
Tera Account
In addition to low costs, the Axiory Tera Account provides access to powerful trading platforms like MetaTrader 5, which give users a broad range of technical and fundamental information, as well as innovative technologies. This account is for experienced Ugandan traders.
| Account Feature | Value |
| 💸 Minimum Deposit Requirement | 35,000 UGX /$10 |
| 💻 Platforms Available for Account Type | MetaTrader 5 |
| 📊 Average Spread on Forex Major Pairs | 0.3 pips |
| 📈 Maximum Leverage Ratio | 1:400 |
| 💰 Commission Charges on Trades | $6 per lot |
| 💵 Commissions on Stock CFDs | $0.04 per CFD with a minimum of $6 |
| 💳 Account Base Currency Options | EUR or USD |
| 📉 Negative Balance Protection Offered | Yes |
| ✔️ Is Hedging Allowed? | Yes |
| 💰 Minimum Forex Trading Volume | 0.01 lots |
| 📈 Maximum Forex Position Size | 1 Standard Lot or 100,000 |
| 💸 Maximum Open and Pending Positions | Unlimited |
| ☪️ Islamic Account Conversion Offered? | Yes |
| 💵 Access given to Axiory CopyTrade? | No |
Alpha Account
Traders in Uganda can effortlessly have access to a huge selection of stocks and shares from all around the world with this share dealing account, which is open to everybody.
| Account Feature | Value |
| 💸 Minimum Deposit Requirement | None |
| 💻 Platforms Available for Account Type | MetaTrader 5 |
| 📊 Average Spread on Forex Major Pairs | None |
| 📈 Maximum Leverage Ratio | 1:1 |
| 💰 Commission Charges on Trades | From $1.5 per lot |
| 💵 Commissions on Stock CFDs | None |
| 💳 Account Base Currency Options | EUR or USD |
| 📉 Negative Balance Protection Offered | No |
| ✔️ Is Hedging Allowed? | No |
| 💰 Minimum Forex Trading Volume | 1 lot |
| 📈 Maximum Forex Position Size | 1 lot = 1 share |
| 💸 Maximum Open and Pending Positions | Unlimited |
| ☪️ Islamic Account Conversion Offered? | Yes |
| 💵 Access given to Axiory CopyTrade? | No |
Axiory Base Account Currencies
When Ugandans open a live trading account with Axiory, they may only choose between USD and EUR as the basic account currency.
Axiory 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.
To evaluate alternative trading methods without taking on any financial risk, Axiory provides demo accounts that mirror actual market trading situations. Axiory offers 10,000 virtual trading dollars as a starting sum for free demo accounts.
Axiory offers a variety of free account choices, trading platforms, and Axiory tools, as well as access to all its technical and fundamental analysis.
Axiory 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.
Muslim traders in Uganda can convert the Nano, Standard, Max, and Tera account to Islamic accounts at Axiory. When it comes to Islamic accounts, the minimum deposit remains at 35,000 UGX or $10. However, the spreads that Islamic account traders should anticipate are as follows:
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
Traders who are Muslim should also be aware that although they are free from overnight fees or swaps, they will be charged a commission to make up for this lack of costs. Holding time, account type, and market conditions all influence costs. The following are typical storage fees:
CADJPY, USDJPY, NZDCAD, AUDNZD, AUDCAD, EURJPY – $3
AUDCHF, NZDCHF, CHFJPY, CADCHF, EURCHF, EURAUD, NZDUSD, USDCHF, EURNZD, USDCAD, EURUSD, GBPJPY, EURCAD, AUDJPY – $5
AUDUSD, NZDJPY, XAUUSD, EURGBP, GBPUSD, GBPNZD, GBPCHF, GBPAUD, GBPCAD, XAGUSD, CL – $8
How to open an Account with Axiory in Uganda
To register an account with Axiory, Uganda traders can follow these steps:
Step 1 – Click on “Sign-Up”
Go to Axiory’s official website and click on the “Sign-Up” button.
Step 2 – Fill Out Your Details
Fill out all your details and create a password for your account.
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 Vs eToro Vs RoboForex – Broker Comparison
| Axiory | eToro | RoboForex | |
| ⚖️ Regulation | FSC Belize, FSC Mauritius, FCA | CySEC, FCA, ASIC, FinCEN, FINRA, SIPC, DNB, FSA | IFSC |
| 📱 Trading Platform | • MetaTrader 4 • MetaTrader 5 • cTrader • Axiory CopyTrade | • eToro proprietary platform | • MetaTrader 5 • MetaTrader 5 • cTrader • R StocksTrader • RoboForex Terminal • CopyFX App |
| 💰 Withdrawal Fee | Yes | Yes | Yes |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 35,000 UGX | 800,540 UGX | 37,710 UGX |
| 📈 Leverage | 1:777 Maximum | • 1:30 (Retail) • 1:400 (Professional) | 1:2000 |
| 📊 Spread | From 0.13 | From 1 pip | 0.0 pips |
| 💰 Commissions | From $0.04 | None | $3 to $4 |
| ✴️ Margin Call/Stop-Out | 50%/20% | None indicated | Stop-out 100% to 10% |
| ✴️ Order Execution | Market | Market/Instant | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | No |
| 📈 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 |
| ⚖️ CMA Regulation | No | No | No |
| 💳 UGX Deposits | No | No | Yes |
| 📊 Uganda Shilling Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/6 | 24/7 |
| 📊 Retail Investor Accounts | 5 | 1 | 5 |
| ☪️ Islamic Account | Yes | Yes | Yes |
Overall Rating
- 4.8/5
Min Deposit
10 USD / 35,000 UGX
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 offers Uganda Traders a choice between these trading platforms:
MetaTrader 4
MetaTrader 5
cTrader
Axiory CopyTrade
Desktop Platforms
MetaTrader 4
MetaTrader 5
cTrader
MetaTrader 4 and 5
Axiory provides traders with access to the MT5 and MT4 platforms, for which it created the custom indicator Axiory Strike. With Axiory, traders do not have to rely on guesswork when it comes to learning about EAs and other third-party add-ons.
Additionally, cTrader may be used in its place. An out-of-the-box version that excels in both performance and usability for manual traders is the FX trading platform. Automated trading is supported by all trading platforms, although MT4 and MT5 both have a particular advantage in this area.
cTrader
cTrader was developed utilizing innovative technologies and trends, and in many ways, it already outperforms its competitors’ feature sets, which are updated daily with new upgrades and enhancements.
All the new features are geared at making trading easier for investors, as well as helping them better manage their risk and execute their trades.
The following are some of the platform’s most notable features:
The analyse tab gives a summary of your account’s performance, as well as a detailed trade analysis
A wide variety of metrics and indicators
cTrader Automate allows for extensive platform customization
Multiple take-profit orders can be added.
WebTrader Platforms
MetaTrader 4
MetaTrader 5
cTrader
MetaTrader 4
Forex and CFD traders have long relied on MT4 as their go-to software. Its user-friendly atmosphere and intuitive interface are key tools and resources for effective online trading. MT4 has some of the following features:
A library of a wide range of indicators and tools is already included to make the analysis process much more efficient.
A remarkable selection of instruments for financial analysis, with each financial instrument having nine different periods to choose from.
Streaming pricing data for both live and demo accounts. Secure online trading with 128-bit encryption
The ability for any strategy to be formalized and applied as an Expert Advisor thanks to algorithmic trading.
MetaTrader 5
More Forex firms are switching to the MT5 trading platform, which offers a more contemporary user interface, limitless charting, Depth of Market, and an integrated Economic Calendar. There is also an integrated chat system and a bigger number of pending order kinds in MT5 than in MT4.
cTrader
From any computer equipped with a web browser, Ugandan traders may effortlessly log into their trading accounts, regardless of where they are in the globe. Axiory offers traders a plethora of capabilities, including 94 distinct charting tools, 26 different timeframes, detachable charts, and a slew of additional tools.
Trading App
MetaTrader 4
MetaTrader 5
cTrader
Axiory CopyTrade
MetaTrader 4 and 5
Technical features including customizability, complete trade history, and robot access are available to MT4/MT5 mobile app users. However, on mobile devices, there are fewer charting choices and shorter periods than on desktop trading systems.
cTrader
With cTrader mobile and tablet, users will appreciate the convenience of pinch-to-zoom, fling scrolling, and a double-tap action to re-centre function among several other features and benefits.
Axiory CopyTrade
Successful trading systems require time and work to create and perfect. Expert traders at Axiory CopyTrade are happy to share their knowledge and skills with Ugandan investors. All traders need to do is follow in the footsteps of the world’s greatest traders.
In addition, Ugandans might develop their own trading strategies by copying the strategies of successful traders they like.
Axiory Range of Markets
Uganda 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
| Axiory | eToro | RoboForex | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | No |
| ➡️️ ETFs | Yes | Yes | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | No | Yes | Yes |
| ➡️️ Options | No | No | No |
| ➡️️ Energies | Yes | Yes | No |
| ➡️️ Bonds | No | No | No |
Overall Rating
- 4.8/5
Min Deposit
10 USD / 35,000 UGX
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 and Non-Trading Fees
Spreads
Spreads on Axiory accounts are flexible and will vary depending on the account type, the financial instrument, and the current market circumstances. The following are the typical spreads that Ugandan traders should anticipate from the live trading accounts they can expect:
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
When Muslim traders convert their live trading account into an Islamic account, they can expect different spread charges which are as follows:
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
The following are the commissions that Ugandan traders may anticipate getting while working with Axiory :
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 is open and clear about its trading costs, and it provides Ugandan traders with a detailed schedule of the nightly fees that they could anticipate incurring. These costs vary depending on the trading instrument and asset class. However, the following are some examples of typical overnight fees:
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
Ugandan traders who use Axiory to fund their trading accounts or to withdraw cash are not charged any fees by the broker. However, some payment providers may charge processing fees for deposits and withdrawals.
Inactivity Fees
Accounts that are inactive are not charged an inactivity fee by Axiory. According to Axiory’s Terms and Conditions on Investment Services, if a live trading account is inactive for three consecutive months, it will be cancelled immediately.
Currency Conversion Fees
When Ugandan traders deposit in any currency other than USD or EUR, they may face currency conversion fees.
Axiory 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, Uganda traders can follow these steps:
Ugandan traders must verify the trading account to at least the “Light” Verification Level.
Traders can sign into the MyAxiory area on the website and navigate to “Deposit.”
From the dropdown list, Ugandans can select their preferred deposit method carefully, considering that they will use the same method when they process a withdrawal.
Once Ugandans have indicated their preferred deposit method, they can provide the amount to deposit and choose the deposit currency.
Ugandans can proceed by following any additional on-screen instructions to confirm and finish their deposit.
Axiory Fund Withdrawal Process
To withdraw funds from an account with Axiory, Uganda traders can follow these steps:
To submit a withdrawal request, Ugandans can log into the MyAxiory section on the website and choose the trading account from which they wish to withdraw funds.
Ugandans can indicate their withdrawal method, provide the amount to be withdrawn, and follow any further instructions to complete the request.
Depending on the withdrawal method chosen, funds can take up to 10 days to reflect in the Ugandan trader’s bank account.
Axiory Education and Research
Education
Axiory offers the following Educational Materials:
Axiory Trading Academy
Webinars
“How To” guidelines
Axiory offers Uganda 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 Ugandan traders.
How to open an Affiliate Account with Axiory
To register an Affiliate Account, Uganda traders can follow these steps:
The “Partnerships” section may be found by visiting the official Axiory website and scrolling to the bottom of the homepage.
Click on “Partners” and then “Partner with Axiory” on the page that displays.
Choose from one of the following: You may be referred to as an introducing broker, an affiliate, or a representative of your company.
Click “Open My Partnership Account” to begin working with Axiory after completing the application and providing the necessary information.
Axiory Affiliate Program Features
Axiory’s Lot Rebate and CPA commissions are among the highest in the business. This gives partners a payment schedule that is both flexible and timely. Affiliates are free to run their business as they see fit, and the broker provides full assistance in the form of account managers and a marketing team upon request.
With CPA plans and rebate choices, partners may make $1,000 right now. This is only one of several perks that are available to partners. Axiory affiliates in Uganda might choose from the following options:
$10 Lot Rebate Plan that provides a recurring commission of up to $10 for each lot purchased.
Affiliates can earn up to $1,000 easily with Axiory’s $1,000 CPA Plan.
As a Master Affiliate, you get a 10% commission on any revenues that are created via your network of sub-affiliates and Introducing Brokers.
Axiory Customer Support
Monday to Friday, Axiory delivers rapid, friendly customer service that may be reached throughout market hours and days. Multiple avenues of contact are available, and customer service is kind and knowledgeable.
Axiory Corporate Social Responsibility
There is currently no information on the Corporate Social Responsibility of Axiory.
Our Verdict on Axiory
Axiory is based in Belize and is well-regulated by the FCA along with the FSC in Mauritius and the IFSC of Belize. Ugandan traders can trade with confidence through Axiory knowing that their client funds are secure, and they are given access to a safe trading environment.
Axiory offers more than 60 forex pairs that can be traded through three powerful trading platforms. In terms of proprietary trading platforms, Axiory offers its own Copytrading app that allows for social trading opportunities.
Overall Rating
- 4.8/5
Min Deposit
10 USD / 35,000 UGX
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 |
| Axiory is based in Belize but has regulations through the FCA along with IFSC and FSC | Axiory does not offer a UGX-denominated trading account specifically for Ugandan traders |
| Axiory supports fast and free withdrawals through reliable options | UGX is not a supported deposit or withdrawal currency |
| There is a choice between trading platforms across devices | Cryptocurrencies are not offered as CFDs |
| There is an exceptionally low minimum deposit of 35,000 UGX regardless of the account type you choose | The spreads are wider than that of competitors |
| The demo account is available for an unlimited time | There are only a few asset classes and financial instruments offered |
| Beginner Ugandan traders are given access to various educational materials | |
| There is a choice between different retail trading accounts that suit different types of traders |
Axiory Current Popularity Trends
👉 According to Google Trends, Axiory has seen an increase in Google Searches in the past month.
Frequently Asked Questions
Is Axiory regulated?
Yes, Axiory is regulated by the Financial Conduct Authority in the United Kingdom as well as the IFSC in Belize and FSC in Mauritius.
Does Axiory have a no-deposit bonus?
No, Axiory does not currently offer any active bonuses, but may do so in future.
What is the withdrawal time for Axiory?
The withdrawal time for Axiory ranges between instant withdrawals and can take up to 10 days when you use bank wire transfer or banking cards.
How do you withdraw from Axiory?
You can go to your MyAxiory Client zone and use your credentials to log in. Once in, you can select the “Withdrawal” option, select a payment method, and follow the rest of the instructions to submit your withdrawal request.
What type of broker is Axiory?
Axiory is an STP and ECN broker which means that Ugandan traders can expect fast and reliable trade executions.
Axiory receives its liquidity from several banking partners from around the world. Top liquidity from reliable providers means that Ugandan traders can expect the best possible pricing from Axiory.
Does Axiory have Nasdaq?
Yes, Axiory offers Ugandan traders the opportunity to trade Nasdaq with spreads that start from a minimum of 2.2 pips, depending on the market conditions.
Does Axiory have Volatility 75?
No, Axiory does not offer Ugandan traders the opportunity to trade the VIX.
What is the maximum leverage I can get from Axiory?
You can expect maximum leverage up to 1:777 with 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.
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