Axiory Minimum Deposit Guide (2021)

logomark Anthony Gallagher calendar Last Updated: November 2021 timer 7 min read
Connect with us

Axiory is a leading trading platform for business-oriented traders across the globe. Our Axiory Review gives background knowledge of the trading platform for traders who wish to know the brokerage better.

This article addresses one of the common questions many traders ask when contemplating signing up on a brokerage: “What is the minimum deposit?”

Table of contents

What is the Axiory Minimum Deposit?

The Axiory minimum deposit is $50. If this is true for the Axiory MAX Account type, other account types such as the Nano and Standard account do require a higher minimum deposit up to $100.

Axiory minimum deposit Features
Minimum deposit $10
Deposit Fees No
Withdrawal Fees $10
Base Currencies USD, EUR

Now that you know the minimum deposit amount, did you know that Axiory offers downloadable and custom indicators for in order to enchance the MetaTrader trading experience? Visit the Axiory website and have a look yourself! (Your capital is at risk)

Axiory Deposit Bonus and Promotions

The Axiory 50% deposit promotion may be available to you depending on the region you are trading from. This bonus promotion is currently valid until March 31st, 2022, and can help you gain 50% of your deposits extra as a bonus. For example, a $100 deposit would entitle you to a $50 bonus.

With this bonus, the total bonus amount can’t exceed $5,000 and the amount itself is not directly withdrawable. There are certain conditions attached and only profits from trading with the bonus can be withdrawn. For more on this, you can read the broker’s terms and conditions.

At the moment, all Axiory clients are also offered a non-bonus deposit once they open a Live Account. Once you open the account, Axiory will credit your account with $25 immediately. For more information about this bonus and promotion offer, check our Top 10 Forex Brokers Bonus Promotions.

Axiory Minimum Deposit vs. Other Brokers

To help you understand why choosing Axiory is the right decision for potential Axiory clients, consider the comparison table below between Axiory and other brokers:

Feature Axiory Admiral Markets Pepperstone
Min. Deposit $10 $100 ($1 for AM Invest Account) $0 ($200 recommended)
Wire Transfer Yes Yes Yes
Credit Card Yes Yes Yes
PayPal No No Yes
Deposit methods 9 4 9
Account currencies EUR, USD USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, SEK, NOK USD, EUR, GBP, NZD, AUD, CHF, HKD, JPY, CAD, SGD

How to Deposit Funds into Your Axiory Account

Crediting your trading account is a multi-stage process. The step-by-step guide below will help you through depositing funds into your account in no time:

1. Open an Axiory Demo Account First

As a new trader, consider opening an Axiory Demo Account first before transitioning to a Live Account. Each new trader is allowed to open multiple demo accounts to test the waters. Our Axiory Demo Account guide furnishes interested traders with information about this account type. Alternatively, visit the Axiory Website for more details about demo accounts.

However, if you are ready to start trading with real money in a real trading environment, go ahead and open a Live Account and start trading immediately.

2. Choose the Account Type You Wish to Open

After signing up on Axiory, choose from the brokerage’s available account types. The trading platform offers a wide range of account types such as Standard, Nano, Max, Tera, Alpha and Islamic Account. To be more knowledgeable about these account types, read our Axiory Account Types to help you make an informed decision. As earlier stated, the minimum deposit is $10.

3. Verify Your Identity with the Broker

Brokers have no room for anonymous traders. They are security conscious and demand to know each trader’s identity. Thus, be prepared to verify your account before you are allowed to make the initial fund and start trading on the platform.

For identity verification, you must provide documents of your residence and identity to complete the verification process. Once your identity is verified and the account approved, fund it.

4. Choose Your Preferred Deposit Method

Axiory is a credible trading platform that supports multiple deposit options, including credit/debit cards such as Visa and JCB, bank wire, and eWallets.

5. Wait for the Deposit to be Processed

After crediting your account, wait for the deposit to be processed. The processing may take up to one business day for other deposit methods except for bank wire, where processing takes between 3 and 10 business days.

Axiory Payment Methods

It has been previously mentioned that Axiory supports a long list of payment methods. Some of the payment methods that Axiory users can use to make payments are bank wire, credit/debit cards such as Visa and JCB, ThunderXPay, Vload.

It also supports eWallets such as Neteller, Skrill, and Stickpay, although the last payment method isn’t designed for corporate clients. Only two account currencies are allowed on the platform. These are the Euro and the US dollar.

It is noteworthy that you can use the payment methods listed above for withdrawals too. Thus, the availability of a payment/withdrawal method is dependent on your location and the regulation you are trading under.

Are you worried about your fund’s security? Don’t worry. Axiory has it covered. The trading platform offers top-notch security features that guarantee clients’ funds. The extra security layer ensures that no third party is accessible to your funds except you.

For each withdrawal request, you must undergo the 2FA withdrawal process. Confirm the request by clicking a button on the verification mail sent to you for that purpose.

axiory list of payment methods

Deposit Fees

Generally, Axiory doesn’t charge deposit fees. However, the payment provider may charge you some service fees if you are using eWallets.

Your chosen method determines the deposit processing time. Except for ThunderXPay, credit/debit cards and eWallets are processed within 15 minutes, while it may take up to 10 business days to process a bank wire transfer.

Remember that you can incur a conversion fee if you deposit in a currency that is different from the one you opened your account with.

Withdrawal Fees

Withdrawals attract no fees, just as deposits. However, your bank may charge you for bank wire transfers. The payment method provider may also impose a transaction fee if you use ThunderXPay.

For transactions less than $2,000, expect to pay a transaction fee of $10. Each transaction below $200 via International Wire Transfer attracts a higher transaction fee of $15.

Traders must wait for between 3 and 10 business days to confirm transactions via credit/debit cards and bank wire. Skrill, Neteller, and VLoad users can expect immediate transaction completion.

ThunderXPay users can expect payment in 1 business day.

Generally, Axiory has a 24-hour processing policy. If all the conditions are duly met, withdrawals will be processed within one business day.

Axiory Minimum Deposit Pros and Cons

What are some of the benefits and challenges of Axiory minimum deposit? Consider these challenges and benefits below:

Pros

  • Axiory doesn’t require a high minimum deposit.
  • The broker offers a convenient bonus for some traders.
  • An avalanche of deposit and withdrawal options to choose from.

Cons

  • It has a limited base currency. The platform accepts only Euro and US dollars.
  • Transactions below a certain amount attract a transaction fee.

Axiory Minimum Deposit FAQs

You probably have some questions about the Axiory Minimum Deposit. If you do, you are not alone. Individuals contemplating trading on Axiory have asked some relevant questions about the minimum deposit the broker accepts.

Some of the Frequently Asked Questions about this broker are:

What is Axiory Minimum Deposit?

Axiory minimum deposit is $10. However, for Alpha account, new members are not required any minimum deposit, so you can start with $1.

What Funding Methods does Axiory Accept?

Axiory accepts an impressive number of funding methods that include credit/debit cards, bank wire, and Neteller. The broker also accepts VLoad, Sticpay, and ThunderXPay.

With as little as $50, you can trade on Axiory and see your dream of trading on a credible trading platform that will boost your chances of becoming a successful trader come true.


About the Author

Anthony Gallagher

Broker Expert

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.

A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.

He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.


Leave a Reply

Your email address will not be published. Required fields are marked *

Keeping you better informed

Find and compare the best
Online brokers for you

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2021 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Sitemap