The Axiory demo account provides a risk-free trading environment with virtual funds, replicating real market conditions. Axiory, a brokerage firm, offers this account to traders for testing strategies and familiarizing themselves with trading platforms before engaging in live trading. Users can access forex, indices, stocks, ETFs, and commodities with real-time market data. The registration process requires filling out a form, verifying an account through email confirmation, and selecting trading preferences such as platform, leverage, and account type. This demo account remains available unless prolonged inactivity leads to its expiration.
The Axiory demo account includes a $10,000 virtual balance for simulated trading, accessible on MetaTrader 4, MetaTrader 5, and cTrader platforms. It offers customizable settings such as leverage levels and base currency selection. All instruments from live accounts remain available, ensuring a comprehensive market experience. Execution conditions mirror real trading scenarios, though factors like slippage and liquidity differences do not apply. Users can reset their demo accounts by contacting customer support or creating a new one. Axiory’s educational resources supplement the demo experience, helping traders refine their skills before transitioning to live trading.
The Axiory demo account has no fixed duration limit but may deactivate after extended inactivity. Users retain access for an indefinite period, allowing them to practice at their own pace. Unlike many brokers with strict expiration policies, Axiory permits continued use as long as the account remains active. When traders decide to switch to a live account, they must complete identity verification and fund the account with a minimum deposit. Even after activating a live account, users can maintain their demo account to test new strategies without financial risk.
How to open an Axiory demo account?
There are five steps to open an Axiory demo account. These are visit Axiory’s website, fill the registration form, verify your profile, customize the demo account and login into the demo account. The different steps to open an Axiory demo account are listed below.
First, visit the broker’s website (Your capital is at risk). On the website, click “Open a Free Demo” to open the registration form. New traders can take advantage of the Axiory Demo Account, however this offer isn’t available to traders in multiple areas such as Japan, Canada, North Korea, the EEA, USA, Islamic Republic of Iran, Indonesia, and Belize.
Second, fill the Axiory registration form. Opening an Axiory Demo Account requires that you provide details such as your first name, surname, password, country of residence, phone number, and email address. Once you have filled in and confirmed the registration form, you will be asked to select the trading platform you want to use, and the leverage applied on the demo account, as well as the base currency and Axiory account type you want to try.
Third, verify your profile. Axiory makes it mandatory for all newly-registered members to confirm their account before trading on the platform. The broker will send a confirmation email to you with your login details.
Fourth, customize the demo account. Once the demo account is verified, you’ll be redirected to a page like the one shown below.
From here you can choose the ‘create demo’ option and follow the instructions. You can customize your demo account by choosing the account type, platform and leverage amont.
Last step, login into the demo account. After confirming your account and having received the email with the platform login details, you can login to your trading account or into the trading platform of your choice.
What are the features of the Axiory demo account?
The features of the Axiory demo account are listed below.
- Trading Platforms: Axiory’s demo account is available on the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms.
- Virtual Funds: The Axiory demo account provides $10,000 in virtual funds for practice trading.
- Access to Instruments: The Axiory demo account offers access to all tradable instruments available on the live account such as forex, indices, stocks, ETFs, and commodities.
- Leverage: Leverage is available in the Axiory demo account and users can select their preferred leverage level when setting up the account.
- Real-Time Market Data: The Axiory demo account includes real-time market data to simulate live trading conditions accurately.
- Time Limit: The Axiory demo account does not have a strict time limit and can be used indefinitely unless it remains inactive for a prolonged period.
- Reset Demo Account: Users can reset their Axiory demo accounts by contacting customer support or creating a new demo account.
- Educational Resources: While the Axiory demo account itself does not directly include educational resources, Axiory provides a wide range of educational materials on its website that users can access.
- Trading Strategy Practice: The Axiory demo account is designed for practicing trading strategies in a risk-free environment using virtual funds.
- Customer Support: Customer support is available for users of the Axiory demo account through various channels such as live chat, email, and phone.
The Axiory demo account main features and characteristics are detailed in the table below.
| Axiory Demo Account | Characteristics |
|---|---|
| Demo available | Yes |
| Trial duration | Unlimited |
| Demo platforms | MT4, MT5, cTrader |
| Virtual money amount | $10,000 |
| Customizable features | Yes |
What is the difference between a live and demo Axiory account?
The differences between Axiory demo and live accounts involve real vs. virtual funds. An Axiory demo account provides simulated trading without risking money, while a live Axiory account involves real investments with potential gains or losses. The demo account lacks trading psychology exposure and slippage, which are present in live Axiory accounts.
In demo accounts, traders practice with virtual money without the fear of losses, while in live accounts, traders operate with real money. This involves financial risks, as losses have a direct impact on traders’ capital.
Demo accounts try to replicate real market conditions, but factors such as commissions and slippage can lead to differences in the market execution compared to live trading. When trading in real, the lack of liquidity can produce differences between the requested order price and the order’s execution price, known as Slippage. When price changes quickly, your order can be executed at a different price compared to when the order was opened. Slippage will not happen in a demo account because it’s filled with virtual money.
Live trading involves costs, such as commissions and other transaction costs, which affect traders’ earnings, while in the demo account there are no transaction costs and commissions are low.
How to switch from an Axiory demo to an Axiory live account?
There are three steps to switch from an Axiory demo to an Axiory live account. These are to provide proof of your identity, verify your account and make the first deposit. The different steps to switch from an Axiory demo to an Axiory live account are listed below.
First, provide proof of your identity (Passport, ID, or Driver’s Licence) and proof of your residence (Bill utility, or bank statement) to become verified by the broker. Depending on your country, the broker may also ask you to fill out a questionnaire about your trading experience.
Second, Axiory will verify your account. This step confirms that your identity and residence have been authenticated.
Finally, after Axiory verification, your account can be funded to start trading. The first Axiory minimum deposit starts from $10. When switching to a live account, the demo will still be available for your activities.
How to best use an Axiory demo account?
To best use an Axiory demo account you have to set up the demo account as you would set up a real account, avoid opening large positions, treat money as if it were real, practice daily and use the learning materials offered by the broker.
Set up your demo account exactly as you would a real one, matching platform, currency, balance, and account type to your live trading intentions. This ensures a realistic environment. Consistency in your initial setup builds a strong foundation for learning.
Avoid opening large positions if you don’t plan on trading significant funds later. Oversized trades can give you a misleading sense of security. Keeping position sizes reasonable fosters more disciplined habits.
Treat your demo funds as if they were real. This mindset prevents you from taking risks you wouldn’t normally take. Respecting your virtual balance encourages responsible decision-making.
Make time to practice every single day. Regular trading sessions help you refine strategies, identify patterns, and maintain focus. Consistent practice also accelerates your learning curve.
Study and integrate the knowledge you gain through Axiory’s educational tools. Explore tutorials, webinars, and any additional resources they offer. Combining these insights with daily practice reinforces a deeper understanding of the markets.
What are the advantages of an Axiory demo account?
The advantages of an Axiory demo account are listed below.
- Good choice of trading platforms: allows traders to choose between MT4, MT5 and cTrader
- Unlimited Accounts: you can open as many demo accounts as you need
- Trial duration: the Axiory demo account is unlimited
- Backtesting opportunities: allows traders to evaluate and optimize strategies to improve future performance
- Easy to open: it is a quick procedure, which takes a few minutes
What are the disadvantages of an Axiory demo account?
The disadvantages of an Axiory demo account are listed below.
- Ignoring risk management: traders use virtual money and may not fully understand the importance of risk management
- Lack of the psychological factor: it can lead to a false sense of security
- No slippage: demo accounts allow you to execute orders at the requested price and can lead to unrealistic expectations of the markets
To find out more about Axiory characteristics, features, pros and cons and opinions, check out our “Axiory review“.