Axiance Review
Note: Approximately 74 to 89% of retail traders lose money while trading Forex and CFDs, Consider the risk while trading with Axiance.
Axiance Review
Axiance is a modern broker for traders of a new generation. It’s been operating since 2016 and changed its logo to Axiance in August 2021. The company uses cutting-edge technology to offer you various trading instruments, including CFDs on forex, crypto, shares, energies, and commodities, among others.
Axiance stands out in the online trading industry by upholding core values like transparency and fairness.
Axiance appears to be a good broker for most traders, although opinions on what constitutes a good broker can vary. Axiance also has quite an assortment of deposit and withdrawal gateways, which make banking easy.
In addition to the MT4 and MT5 platforms, They offer various asset classes on their platform, including forex, stocks, and commodities. They have excellent customer service personnel who are able to help with any questions or problems arising during trading time.
Trading Central is another large advantage offered by Axiance, as it provides access to market news, analysts’ viewpoints, and more that you might need to find your way into the markets successfully without difficulty each day through daily market Axiance reviews and research reports, It helps traders discover opportunities and navigate the markets confidently.
Pros & Cons
Regulations
The Axiance group of companies owns the trade name “Axiance.”. ICC Intercertus Capital Ltd., which is a Cypriot company and has been licensed by the Cyprus Securities Exchange Commission as License No. 301/16 to carry out European operations, operates under this brand.
Financial Services Authority license number SD036 (registration no. SD036) gives Aerarium Limited in Seychelles International permission to conduct investment dealer business. Global Aurum Capital Ltd. is a registered investment dealer in Mauritius registered with the Financial Service Commission (FSC) under registration no. GB20025770.
Reliability
Axiance complies with all the regulations in regard to client funds. It maintains segregated accounts for client’s funds, separate from its own operating funds. Negative balance protection is also available to clients if they ever need it because of any negative balances incurred at Axiance Incorporated.
Tradable products
The CFDs being offered by Axiance are versatile. This includes:
- Currencies of the most popular and liquid trading instruments, including all major and minor currencies;
- Hundreds of shares from some of the largest companies in both Europe and America;
- Stock indices measuring performance at times 15 different companies globally;
There are two spot energies: Brent crude oil or light sweet oil per barrel, among others. There are also 17 cryptocurrencies that rank on the top charts around the world.
Account Types
Axiance offers three types of accounts: Standard, Premium, and VIP.
Standard Account features: With the new ZAR Account option from Axiance, you can start trading with a 5 USD minimum deposit to get started. If you are looking for a more advanced account, they also offer their USD accounts, which require 50 dollars if traded in US dollars and require each trade to have at least 10% equity available. With spreads as low as 1.2 pips and leverage up to 1:500, This account offers bonuses of up to 30%, 24-hour live chat support, a 10% stop-out level, and a 5% interest rate.
Premium Account: You will need to deposit USD 5,000 as a minimum. The spread will be 0.8 pips, the maximum leverage in forex is 1:500, there is a 50% bonus that you can use on opening trades, and your stop-out level is 10%.
- VIP Account: Minimum deposit of $30,000 with a maximum leverage of 1:500. The one-time forex bonus is up to $10k, and customer support is available as well. A commission of 4% per lot applies along with the development of unique trading strategies.
Trading Platforms
At Axiance Corporation, clients have the choice of using MetaTrader 4 (MT4) or MetaTrader 5; the latter offers enhanced features.
MetaTrader 4
MetaTrader 4 is the most recognized trading platform on the market. In comparison to other platforms, it is considered a gold standard for traders, who have downloaded and installed this software more than 10 million times.
This great software provides stability in markets and contains powerful indicators that are useful when analyzing the price movements of assets. Furthermore, trade can be completely customized with its Expert Advisor functionality, which automates trades; it’s just perfect!
MetaTrader 5
The best way to trade CFDs is with MetaTrader 5. It’s easy, convenient, and offers the most up-to-date features of MT4. Axiance’s platform is also an ideal choice for use by brokers because it provides traders with more technical indicators, fundamental analysis tools, and market orders than its predecessor, MT4, as well as many new decision-supporting tools that can help them make better trades faster. The economic calendar, along with the possibility of viewing more chart periods, is also provided by this platform.
Spreads and Commissions
To make trades, you pay a commission to Axiance. You will also get commissions and lower spreads with AXIANCE. The swap fee imposed by AXIANCE depends on the interest rate of the currency or currency in which an asset is denominated for positions held overnight. By debiting or crediting a trading account for such positions, it automatically performs rollover at GMT + 2 every night.
The commission charged by Axiance is dependent on what type of assets are traded and your client’s club status; some products might have different fees depending on their cost. On majors, average spread in forex standard accounts is as follows:
Average Standard Account Spreads on Majors:
- EUR/USD: 1.2
- GBP/USD: 1.3
- USD/JPY: 1.3
- AUD/USD: 1.3
Fees
Clients on an Axiance VIP Account are charged $4 per standard lot (round tip). Clients who do not have this account or any other account enjoy commission-free trading.
Leverage
Leveraged products are traded by any trader who wants to increase their profits or losses. Additionally, the trader has a higher level of market exposure.
It is considered that leverage ratios of 1:50, 1:100, and 1:500 are average; for example, if you have $1000 in your trading account and trade USD/JPY with a 10,000-ticket size, then this would be 100 times leveraged (10).
While high leverage can increase potential profits, it also amplifies risks. Therefore, it should be used cautiously.
This forex broker also offers customers an incentive of a 500-times ratio on their trades when opening a new account.
Deposits & Withdrawals
Axiance offers a variety of payment methods, including debit cards, credit cards, bank transfers, and e-wallets. These methods are available for both depositing and withdrawing funds using VISA in EUR, USD, GBP/Skrill, Neteller Dragonpay, or even ABSA or BNK2.
Neteller:
Neteller is a popular online payment service that can be compared to PayPal. The popularity of Neteller as an internet method for client deposits and withdrawals has led all the best forex brokers to accept this method. It’s available in most countries, but it’s especially popular in Europe.
Skrill:
Skrill is a popular method of online payments that allows traders to make transactions quickly, easily, and safely. The Skrill eWallet lets users fund their trading accounts by using credit cards or bank wire transfers from their Skrill eWallets.
Wire transfer:
Wire transfers are the most popular way for brokers to send cash around the world. They’re very safe and reliable because they use traditional methods like banking between banks that have been used for a long time.
EFT:
Axiance provides a wide range of resources for traders. It offers free educational materials and articles, glossaries, and webinars to help you get started. In addition to these daily market analysis materials, they are also available with fundamental analysis and technical analysis, among others!
Education and research
Axiance has committed to teaching traders the skills they need for success in the financial markets. It provides a range of free resources, such as articles, glossaries, and webinars, to help you with your trading.
In addition, it also offers a daily market outlook and technical analysis content so that you can stay informed on what’s going on across global markets. Traders can get as much knowledge as possible with the help of a strong educational infrastructure from which free e-books, regular in-depth articles, and a rich proprietary glossary are available.
Among its services are publishing weekly articles about markets and trends and hosting webinars for traders conducted by their own in-house market analysts, who specialize in:
Technical and Fundamental Analysis:
The price movement of stocks and other securities is called technical analysis. It’s the study of past prices to predict future ones.
A risk management approach for trading is based on analyzing market trends, patterns, volumes, and a lot more to make well-informed decisions about when it’s time to buy or sell.
Market Strategies Related To Trading: Signals on charts: Traders often use visual indicators on charts to predict market movements before key events like earnings reports.
Customer Service
At Axiance, we have an excellent customer service team that is multilingual and available from 8:00 AM EET to 6:00 PM EET. You can reach them by email or through chat.
Bonuses & Promotions
100% rebates: For up to 100% of the client’s investment, this company offers a maximum rebate bonus of USD 10,000 or equivalent currencies per person.
10% interest on deposit: Clients receive an accrual when funds are available. Deposits up to a maximum amount of $50,000 can be credited towards trading accounts during the promotional period for this offer.
Additional Features
Thinking of Trading with Axiance?
As one of its commitments to corporate social responsibility and the environment, Axiance engages in carbon-neutral partnerships. Working with UK-based companies like Ecology, it has created a program to offset its greenhouse gas emissions through reforestation projects worldwide and net-zero projects.
This commitment is part of why the 39th Copa del Rey de Vela nautical event held in Mallorca sponsored Javier Sanz’s Swan 42 yacht class skippered by him as well as Olympian pro cyclist Antri Christoforou from the Burgos Alimenta team, who competed at the Tokyo Olympics in 2021, after signing them up on board as brand ambassadors.
Our verdict
Overall, we found this broker to be trustworthy and transparent. In addition, the wide variety of assets offered by Axiance is another great advantage—it is rare to find a broker with so many different options!
We also loved that MetaTrader 4 was available as well as MT5 for traders who prefer either one. Unfortunately, many brokers only offer you one option, which leaves some customers out in the cold because they have not updated their trading preferences from when MT4 was popular or if they were just new to these forex platforms altogether and had never used them before.
The fact that there is no pressure at all to open up an account right away (you can get started on demo accounts) will really please those wary about getting into a contract without knowing more details first too! this platform suits both beginners and experienced traders alike. Axiance has got your back no matter what level trader you are!
Conclusion - Axiance Review
Axiance is an online broker that provides excellent trading services. They are a reputable and regulated broker, which means they have great trading conditions, account options, and instruments to trade with. Also worth mentioning are their helpful customer support staff as well as the wide range of educational resources offered at Axiance.
FAQ's
Thinking of Trading with Axiance?
In Seychelles, Aerarium Limited is licensed by the FSA (Seychelles) under number SD036.
Also regulated by CySEC (Cyprus), Axiance has license number 301/16 from ICC Intercertus Capital Limited.
Yes, traders can sign up for a demo account and trade in real market conditions with virtual funds- meaning that you’ll be trading with simulated outcomes.
There are no withdrawal fees charged by Axiance.
Deposits are required to be at least USD 50.
Deposits and withdrawals can be made through debit or credit cards, bank wire transfers, and eWallets like Skrill and Neteller.
Axiance’s CFD products can be traded on the forex, crypto, shares, energies and commodities markets.
Metatrader 4 and Metatrader 5 are supported.
Axiance is the trade name of Aerarium Limited and is used by the Axiance Group of companies.
Legal: The Axiance website is operated by Aerarium Limited, with registration no. 8425627-1 and registered address at CT House, Office 9A, Providence, Mahe, Seychelles.
Any trademarks appearing on this website are the property of their respective owners.
Licenses: Aerarium Limited is licensed by the Seychelles Financial Services Authority (FSA) with license no: SD036
Notes: Aerarium Limited does not provide services for the residents of certain countries, such as the United States of America, Canada (including Quebec), Seychelles, Belgium, North Korea etc.
The card transactions are processed by its subsidiary entity, GAAM Digital Progressus Limited with registration no. HE 403613, which is located at Fraglinou Rousvelt 247, Flat/Office 3V, 3046, Limassol, Cyprus, and with registration no. HE 403613.
Transactions made through Paysafe Group Limited are processed through Aerarium Limited.
Services displayed on this website are provided by Aerarium Limited and not by any affiliated entity.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure.