Introducing the Axiory account type.
Axiory offers very narrow spreads and is extremely popular with traders all over the world.
I don’t hear any bad rumors such as refusal withdrawal money requests, and many people say that the quality of support is high.
It can be said that it is a stable Forex broker that can be used for a long time.
Axiory offers three types of account.
- STANDARD Account
- NANO Account
- MAX Account
- TERA Account
STANDARD and MAS is STP method account, NANO and TERA is ECN.
In this article, after thoroughly comparing each account type based on specifications and trading conditions, I will clarify the characteristics and precautions for each account type and carefully explain which account is suitable for which type of trader.
- I want to know AXIORY account types.
- I want to know specifications and conditions of each account.
- I’m not sure which account type is the best for me.
Axiory All Account Types
First, let’s compare the all account types offered by Axiory.
The color of the part that seems to be a point has been changed.
Let’s take a quick look at what kind of specifications and conditions are different.
| STANDARD | NANO | MAX | TERA | |
|---|---|---|---|---|
| Method | STP | ECN | STP | ECN |
| Platform | MT4, cTrader | MT4, cTrader | MT4, cTrader | MT5 |
| Base currency | EUR,USD | EUR,USD | EUR,USD | EUR,USD |
| Contract size | 1 lot = 100,000 | 1 lot = 100,000 | 1 lot = 100,000 | 1 lot = 100,000 |
| Min trade volume | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot |
| Max leverage | 1:400 | 1:400 | 1:777 | 1:400 |
| Margin call | 50% | 50% | 50% | 50% |
| Stop out | 20% | 20% | 20% | 20% |
| NBP | ✓ | ✓ | ✓ | ✓ |
| Min spread | 1.2pips~ | 0.0pips~ | 1.8pips~ | 0.0pips~ |
| Commission fee | X | Round $6/lot | X | Round $6/lot |
| Lot restriction per ticket | 1000 lots | 1000 lots | 1000 lots | 1000 lots |
| Max orders | Unlimited | Unlimited | Unlimited | Unlimited |
| Min deposit | $100 | $100 | $50 | $100 |
| EA | ✓ | ✓ | ✓ | ✓ |
| Scalping | ✓ | ✓ | ✓ | ✓ |
| Stop level | 0.0pips | 0.0pips | 0.0pips | 0.0pips |
Characteristics of each account type
I will briefly explain the characteristics of each account type.
Axiory STANDARD Account
Axiory’s standard account is STP method account with very common terms and conditions.
Since it is an STP method, there are no transaction fees.
In addition, the spread is lower than other forex brokers, and you can trade at a low cost.
As will be described later, Axiory’s stop levels is 0.0 pips for all accounts.
It is very suitable for scalping trading, which aims for small price movements and accumulates profits.
With a high leverage of 1:400, you can trade with low risk even with a small amount of money.
is recommended for traders like;
- Want lower cost
- Trade with small lots or margin
- Scaping trader
Axiory NANO Account
Axiory’s NANO account is an ECN method account.
The lowest spread is 0.0 pips and the transaction fee is $6 round trip, which is the lowest level in the industry.
Also, same as STANDARD account, the stop level is 0.0 pips, so it is a highly recommended account for those who want to do scalping trading with low transaction fees.
It is also recommended for EA (Automatic Trading Tool) users and large lots traders.
is recommended for traders like;
- Scalping trader
- Large lot trader
- EA (Expert Advisor) tool user
Axiory MAX Account
Axiory’s MAX account is an STP method account.
The terms and conditions are almost the same as STANDARD account, except that the maximum leverage is 1:777.
Instead, the spread is wider.
It is an account for traders who want to trade with higher leverage, but the spread is a little wide, so if you want to trade with high leverage, I recommend other brokers such as XM, FBS, HotForex that offer higher leverage with good trade conditions.
is recommended for traders like;
- Not recommended. Too high cost.
Axiory TERA Account
Axiory’s TERA account is an ECN method account.
The specifications of the account are exactly the same as the Nano account, the only difference is the trading platform.
Only the TERA account runs on MT5.
If you really want to use MT5 with AXIORY, please open a TERA account.
is recommended for traders like;
- Want to use MT5
Common Conditions of All Account Types
In addition, I will introduce the specifications that are common to all account types.
Axiory Trading Platform
All account types allows both of MT4 and cTrader.
Axiory doesn’t allow to use MT5.
Axiory Stop Out Level
Stop out level is 20%.
And margin call is 50%.
Axiory Negative Balance Protection System
Of course, NBP applies to all accounts.
Does Axiory allow to use EA (Expert Advisor) tool?
Yes, you can use any EA on Axiory.
Does Axiory allow scalping trading?
Axiory does not prohibit scalping trading.
Axiory offers 0.0 pips stop levels in all account types.
Axiory is quite suitable for scalping, which aims for small price movements and accumulates profits with low risk.
The Axiory stop level is summarized in detail in the separate article “Axiory Stop Level | Conditions for Scalping, Stop/Limit Orders“, so please refer to that as well.
Which is the most recommended account type in Axiory?
STANDARD account and NANO account are recommended.
If you cannot decide it, let’s start trading with STANDARD account first.
Axiory allows you to create up to 10 additional accounts in total.
If you get used to trading a little and want to trade under other conditions, it is a good idea to create an additional account and try other account types.
You can choose a different account type for the additional account, so you can create a different account type later.
Summary
How was it?
If you haven’t opened Axiory account yet, please open an account by referring to the separate article “How to open Axiory account“.
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