- يوليو 29, 2021
- Posted by: ForexTradeOn
- Category: Axiory
Introduction
Axiory is one of the international Forex and CFD brokers out there. It offers competitive pricing among competitors and over 10 years of trading experience. Axiory meets almost every trader’s needs with its various account options. It’s also available on famous trading platforms like the MT4, MT5, and cTrader. Also, Axiory provides educational materials, research tools, and a lot of other features that make the trading process easier.
Axiory works on 3 main platforms:
- cTrader
- MT4
- MT5
Each one of these platforms has its features and specifications. So, read the full section to know which one is the best for you.
cTrader Platform
Pros |
Cons |
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No two-step verification method for logging in No touchID login method in mobile platform |
Languages
cTrader platform is a customized platform that you can use to trade with Axiory as well. The platform is available in a variety of languages like English, Arabic, Spanish, Japanese, French, and more.
User interface (UI)
The UI of the cTrader platform is simple, attractive, and beautiful. The main information about trading is shown on the home page.
cTrader – Mobile Version – UI
Login and Security
Unfortunately, there’s no option of two-step verification for logging in using the cTrader, and there’s no fingerprint authentication as well.
On the other hand, you can log in using your social network account.
cTrader – Mobile Version – Login
Searching
The searching functionality in the Axiory Trader is very fine and you can find the trading asset you want just by typing the name of it. There’s also an option to search by category if you want.
cTrader – Mobile Version – Search
Placing orders
There are 4 main types of orders:
- Market orders
- Limit orders
- Stop orders
- Stop-Limit orders
cTrader – Mobile Version – Place orders
Notifications and alerts
You can set notifications and alerts on the mobile version of cTrader to notify you of market changes, price alerts, news, and trading signals.
cTrader – Mobile Version – Notifications
MT4 Platform
Pros |
Cons |
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Languages
MetaTrader 4 is available in a number of languages like:
MT4 Languages
Arabic |
Bulgarian |
Chinese |
Croatian |
Czech |
Danish |
---|---|---|---|---|---|
Dutch |
English |
Estonian |
Finnish |
French |
German |
Greek |
Hebrew |
Hindi |
Hungarian |
Indonesian |
Italian |
Japanese |
Korean |
Latvian |
Lithuanian |
Malay |
Mongolian |
Persian |
Polish |
Portuguese |
Romanian |
Russian |
Serbian |
Slovak |
Slovenian |
Spanish |
Swedish |
Tajik |
Thai |
Traditional Chinese |
Turkish |
Ukrainian |
Uzbek |
Vietnamese |
User interface (UI)
MT4 has a very customizable UI that you can adjust according to your needs and preferences. On the other hand, it seems hard to find some of the features inside.
MT4 – Mobile Version – UI
Login and Security
Unfortunately, the MT4 does not provide a two-step verification method for logging in, and it does only support a one-step login.
Searching
Searching using the MT4 platform has two different options:
- You can search by category and find assets.
- You can also type the name of the asset and search for it manually.
MT4 – Mobile Platform – Search
Placing orders
MT4 has simple order types which are:
- Market
- Limit
- Stop
- Trailing stop
In addition to those 4 types, there are other orders which are the time limit ‘Good ‘til time’ (GTT) and ‘Good ’til canceled (GTC).
There’s also an order confirmation feature in MT4.
Notifications and alerts
Unfortunately, the MT4 web trading platform does not have an option to set price alerts and notifications unlike the desktop and mobile versions.
MT4 – Mobile Version – Notifications Settings
Portfolio and reports
Under the ‘History’ tab, you can find your portfolio reports with a clear fee description.
MT4 – Mobile Version – Portfolio
MT5 Platform
Pros |
Cons |
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MT5 is a free application for traders allowing them to perform technical analysis and trading operations in the Forex and exchange markets.
Languages
MT5 supports over 20 languages including English, French, Spanish, Italian, Japanese, and Chinese.
User interface (UI)
MT5 was launched in June 2010. It has about 1 million users worldwide. It also has a good interface that is similar to MT4 with the main functionalities available. MT5 is more suitable for advanced traders.
MT5 desktop version
MT5 – Mobile Version
Security
MT5 encrypts your trading data with all of your information from cyber attacks as well as not revealing your IP address while trading using the platform.
From a login perspective, MT4 has a two-step verification method as well to protect your account from hacks.
Research
MT5 offers financial and forex news from international agencies and provides a daily broadcast of dozens of newsletters from global events. MT5 also provides you with powerful and clear searching tools.
MT5 search
Placing orders
MT5 has the same order types as the MT4 platform which are:
- Market
- Limit
- Stop
- Trailing stop
In addition to these 5 order types, the MetaTrader 5 platform has two more order options which are:
- Buy stop limit
- Sell stop limit
Like MT4, MT5 has ‘stop loss’ and ‘take profit’ options while trading as well.
Notifications and alerts
MT5 has instant notifications and alerts in its system to never miss an opportunity in the market.
Reports
The MT5 platform carries news reports from international news agencies and also sports an economic calendar.
4. FAQs
- How long does it take to verify my account?
- It takes about 1 business day to verify your Axiory account.
- Can I open more than one trading account?
- Yes, you can open multiple demo/ live accounts.
- Does Axiory allow bot trading?
- Yes, through Expert Advisors (EAs).
- Does Axiory give a bonus?
- Yes, up to %100 withdrawal bonus.
- Does Axiory allow hedging?
- Yes, it does allow it on all account types.
- Where is my money held?
- In segregated accounts separate from the company’s funds.
- How do I log in using the MT4 mobile platform?
- Steps:
1. Go to ‘Settings’
2. Click on ‘Manage Accounts’ or ‘Settings’
3. Then click on the small plus sign or select ‘New Account’
4. Then select ‘Log in to an existing account
5. Search for the broker name
6. Select the server your account was set up on
7. Enter your login credentials and password
8. Click on ‘Sign In’
- When will my demo account expire?
- The demo account has no expiry date.
- Can I keep my demo account after opening a live account on Axiory?
- Yes, you can keep it and test your trading strategies freely.
- How to open a swap-free (Islamic) account on Axiory?
- Steps:
- Open a live account.
- Contact Axiory customer support via email at aupport@axiory.com.
- Wait for 1 business day until the account is opened.
Please, note that there are some changes in the fees and commission of the products on the Islamic account.
- When trading forex, will you lose more than your initial deposit?
- Both our MetaTrader 4 and MT5 platforms are set to automatically close your positions when your margin requirement reaches 100% (stop out level).
- Please note that this process is automated and does not guarantee that your account will not enter into a negative equity situation. You should keep a balanced amount in your account above your required margin.
- Can I log in to more than one account from the same computer?
- Yes, you can do such a thing by using the MT4 Multi Terminal.
- Can I log in to the same account through different devices?
- Yes, you can log in to the MetaTrader 4 platform using the same password and username through different devices.
- Does Axiory accept payments from third parties?
- No, as Axiory follows Anti-Money Laundering (AML) Policy which means that deposits should be made from a bank account that holds the same name as yours.