Axiory Demo Account
Axiory offers a free demo account. Demo accounts are available on all accounts except for the Alpha account. The Axiory Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
- Louis Schoeman
Jump to:
Demo Account Overview
Demo Account Features
How to set up a demo account
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.8/5
Min Deposit
10 USD / 4145 NGN
Regulators
IFSC, MFSC and FSC
Trading Desk
MetaTrader4, MetaTrader5, CopyTrade and cTrader
Crypto
No
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
| 🏛️ Headquartered | Belize |
| 🏛️ Nigerian Based Office | No |
| 👍 Accepts Nigerian Traders? | Yes |
| 📅 Year Founded | 2011 |
| 📱 Nigerian Office Contact Number | None |
| ⚖️ Regulation | FSC Belize, FSC Mauritius, FCA |
| 🔎 License Number | • Belize – 000122/163 • Mauritius – GB21026376 • United Kingdom – 534484 |
| ⚖️ CBN Regulation | None |
| ✴️ Regional Restrictions | United States, Canada, EU Countries, Japan, The Islamic Republic of Iran, Indonesia, North Korea, Belize, Russia, Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Uganda, Yemen, Jordan, Mali, Turkey |
| ☪️ Islamic Account | Yes |
| 📈 Demo Account | Yes |
| 📈 Retail Investor Accounts | 6 |
| 📊 PAMM Accounts | No |
| 📊 Liquidity Providers | Several Partner Banks |
| 💰 Affiliate Program | Yes |
| 📊 Crypto trading offered? | No |
| 🚀 Offers a Nigerian Account? | No |
| 💻 Dedicated Nigerian Account Manager? | No |
| 📈 Maximum Leverage | 1:777 |
| 📈 Leverage Restrictions for Nigeria? | None |
| 💳 Minimum Deposit (₦) | 4,100 NGN or equivalent to $10 |
| 💳 Nigerian Naira Deposits Allowed? | No |
| 💰 Active Nigerian Trader Stats | 1.3 million |
| 📈 Active Nigerian-based Axiory customers | Unknown |
| 💰 Nigeria Daily Forex Turnover | $1.25 million+ |
| 💳 Deposit and Withdrawal Options | • Credit Cards • Debit Cards • Bank Transfer • Sticpay • Neteller • Skrill • Vload • ThunderXPay |
| 💰 Segregated Accounts with Nigerian Banks? | No |
| 💻 Trading Platforms | • MetaTrader 4 • MetaTrader 5 • cTrader • Axiory CopyTrade |
| 💰 Tradable Assets | • Forex • Gold and Precious • Metals • Oil and Energies • CFD Indices • CFD Stocks • Exchange Stocks • Exchange ETFs |
| 🌐 Offers USD/NGN currency pair? | No |
| 🌐 USD/NGN Average Spread | N/A |
| 📈 Offers Nigerian Stocks and CFDs | None |
| 👨💼 Languages supported on Website | Thai, Portuguese, Russian, Spanish, Vietnamese, Chinese, English, Arabic |
| 👥 Customer Support Languages | Multilingual |
| 👥 Customer Service Hours | 24/4 |
| 👥 Nigerian-based customer support? | None |
| 💰 Bonuses and Promotions for Nigerians | None |
| ✴️ Education for Nigerian beginners | Yes |
| 📊 Proprietary trading software | Yes |
| 💰 Most Successful Nigerian Trader | Uche Paragon ($20 million net worth) |
| ✔️ Is Axiory a safe broker for Nigerians? | Yes |
| ✔️ Rating for Axiory Nigeria | 8/10 |
| ✔️ Trust score for Axiory Nigeria | 90% |
| 👉 Open an account | 👉 Open Account |
Axiory Demo Account – 6 key points quick overview:
Axiory Demo Account Overview
👉 You can open a live account or demo account (also called a practice account) from start to finish. The Axiory website allows traders to choose to open a demo account first. Traders must select their preferred account currency while requiring an e-mail and password to complete the initial step.
Axiory Demo Account Features
👉 The Axiory demo account provides a risk-free platform for practising trading, testing strategies, and learning about Axiory. This account is not only for novices; it also provides an ideal atmosphere for experienced traders.
👉 The trial account replicates the market environment and trading circumstances in real-time, delivering accurate pricing throughout the day. Additionally, traders should anticipate the following special demo account features:
➡️️ $10,000 in virtual funds
➡️️ A choice between EUR and USD as the base account currencies
➡️️ A choice between all live trading accounts
➡️️ Flexible leverage ratios
➡️️ A choice between cTrader and MetaTrader 4 when using the demo account
➡️️ The ability to use the demo account for an unlimited time
➡️️ Traders are given unlimited access to trading tools, expert advisors, and technical indicators.
How to set up a Demo Account – Step by Step for Nigerians
To register for, and set up a demo account with Axiory, free of charge, traders must visit the website and follow these simple steps:
Step 1: Navigate to the Axiory Home Page
To set up an Axiory demo account, Traders can navigate to the Axiory home page to register for a trading account by signing up.
Step 2: Register an Axiory Individual/Corporate account.
Traders will then be redirected to the Axiory registration page where they will be required to choose between an individual/ corporate account by filling in their required generic information.
Step 3: Select the Axiory Demo account.
Once redirected select the Axiory demo account to continue the registration.
Step 4: Create your Axiory demo account
Traders will follow the prompted steps by selecting ‘create a new account’ in order to register a demo account with Axiory.
Step 5: Select your Trading Platform
Traders will be redirected in order to select the trading platform of their choice between the cTrader, metaTrader4, and metatrader5 to create their Axiory demo account and start trading.
Step 6: Start Trading
Your Axiory account has been created and is ready for trading.
Axiory Pros and Cons
| ✔️ Pros | ❌ Cons |
| The demo account is available for an unlimited period | Crypto trading is not offered |
| All retail investor accounts can be tested and explored when in demo mode | The spreads offered are not the tightest |
| Axiory offers educational resources that are designed for beginners | US clients cannot register with Axiory |
| The demo account registration is quick |
Axiory Final Verdict
Axiory does offer a demo account for beginner traders that want to learn how to trade. Axiory offers services and support in multiple languages and offers customized trading conditions for all clients, trading in a range of markets including Forex, Metals, Indices, and Energies, and offers new traders a demo account with no limits for free practice.
Axiory operates from Belize with representative offices in Europe, Cyprus, and Dubai, which brought access to both EEA clients and the Middle East.
Frequently Asked Questions
Does Axiory offer a Nigerian Naira Account?
No, Axiory does not offer an NGN denominated trading account.
Which live trading accounts does Axiory offer?
Axiory offers the following live trading accounts:
Nano Account, Standard Account, Max Account, Terra Account, Alpha Account
Does Axiory offer an Islamic Account?
Yes, Axiory offers an Islamic Account.
Does Axiory offer a demo account?
Yes, Axiory offers a demo account.
