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Axiory Fees and Spreads
Overall, Axiory spreads start from the average spread EUR/USD 0.00002, fees, and commission is dependent on the trading account the trader is using. Axiory chargers deposit fees of $10, which is equivalent to 1 129 BWP. Axiory is a trustworthy broker, with an overall trust score of 90 out of 100.
- Louis Schoeman
Jump to:
Fees and Spreads Overview
Additional Trading Fees
Broker Fees
Pros and Cons
Final Verdict
FAQ
Axiory Fees and Spreads – 6 key points quick overview:
Axiory Fees and SpreadsAxiory Fees and Spreads
👉 The spread list for Axiory starts from 0.2 pips EUR/USD.
👉 The standard spread list that traders can anticipate receiving from Axiory will vary depending on the kind of account they have, the financial instrument they trade, and the circumstances of the market on the trading day.
👉 Spreads and commissions that Botswana traders could expect are as follows, according to the account types:
➡️ Nano Account – from 0.2 pips EUR/USD, commissions from $6 on forex and $0.04 per CFD to a minimum of $6 per lot traded.
➡️ Standard Account – from 1.2 pips EUR/USD with commissions of $0.04 charged on Stock CFDs.
➡️ Max Account – from 1.8 pips EUR/USD with commissions of $0.06 on Stock CFDs and a minimum of $8 per lot.
➡️ Tera Account – from 0.2 pips EUR/USD with commissions from $6 on forex and $0.04 per CFD to a minimum of $6 per lot traded.
➡️ Alpha Account – zero spreads with commissions of $1.5 charged per lot traded.
👉 With the Islamic Account conversion, Muslim traders can expect these unique spreads:
➡️ Nano Account – from 0.2 pips EUR/USD
➡️ Standard Account – from 1.2 pips EUR/USD
➡️ Max Account – from 1.8 pips EUR/USD
➡️ Tera Account – from 0.2 pips EUR/USD
Axiory Additional Trading Fees
Commissions
👉 The type of account that is utilized and the type of financial asset that is traded both have a role in determining the commissions that Botswanans might anticipate receiving from Axiory. The following are examples of common commission rates for Botswana traders:
➡️ Nano Account – $6 per lot on trades and $0.04 per CFD with a minimum of $6.
➡️ Standard Account – $0.04 per CFD with a minimum of $6.
➡️ Max Account – $0.06 per CFD with a minimum of $8.
➡️ Tera Account – $6 per lot on trades and $0.04 per CFD with a minimum of $6.
➡️ Alpha Account – from $1.5 per lot
Overnight Fees, Rollovers, or Swaps
👉 The swap fees that are charged by Axiory are calculated using several different variables, such as the trading instrument, the currency of the account, the size of the overall position (standard lots), and the overall interbank rate used by the broker.
👉 The following are some common overnight fees for retail traders:
| 🔧 Instrument | 🔄 Long (Buy) Swap | 🔃 Short (Sell) Swap |
| EUR/USD | -4.73 pips | 0.17 pips |
| NASDAQ | -0.7644 pips | 0.675 pips |
| XAU/USD | -4.28 pips | -1.82 pips |
| XAG/USD | -0.786 pips | -0.31 pips |
| Brent Oil | 78.8 pips | -87.04 pips |
| CFDs on stocks | -2.5 pips | -2.5 pips |
👉 Muslim traders have the chance to convert their live trading account into a Swap-Free Islamic option using the Axiory platform. This frees them from having to pay overnight costs and provides halal trading circumstances for those who adhere to sharia law.
👉 However, Muslim traders can expect the following holding fees when they convert their account to an Islamic account:
| Financial Instrument | Holding Fee |
| CADJPY, USDJPY, NZDCAD, AUDNZD, AUDCAD, EURJPY | $3 |
| AUDCHF, NZDCHF, CHFJPY, CADCHF, EURCHF, EURAUD, NZDUSD, USDCHF, EURNZD, USDCAD, EURUSD, GBPJPY, EURCAD, AUDJPY | $5 |
| AUDUSD, NZDJPY, XAUUSD, EURGBP, GBPUSD, GBPNZD, GBPCHF, GBPAUD, GBPCAD, XAGUSD | $8 |
👉 Axiory does not provide spread betting services to Botswana traders, only those in the United Kingdom. Therefore, Botswanans need not worry about being subject to spread betting fees.
Axiory Broker Fees
👉 Several broker fees might be charged by forex and CFD brokers, and these include some of the following.
Deposit and Withdrawal Fees
👉 Axiory does not need to charge deposit fees, and while there are no withdrawal fees indicated on their website, Axiory notes that fees on Skrill and Neteller could be applied.
Inactivity Fees
👉 Inactive accounts are not charged an inactivity fee by Axiory. According to Axiory’s Terms and Conditions on Investment Services, if a live trading account is inactive for three consecutive months, it will be cancelled immediately.
Currency Conversion Fees
👉 When Botswana traders make deposits in a currency other than the US dollar or the euro, they may be subject to currency translation costs.
Axiory Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| Botswanans need not worry about deposit fees when they finance a trading account | Several broker fees may apply, and there are commissions charged on all accounts |
| Axiory has a transparent schedule for swap fees | Muslim traders are subject to holding fees |
| Axiory does not typically apply withdrawal fees | |
| There is an Islamic Account offered to exempt Muslim traders from overnight fees |
Verdict on Axiory
👉 Overall, Axiory is very competitive in terms of its trading fees and spreads.
FAQ
What are the average spreads I can expect from Axiory?
The typical spreads start from 0.2 pips EUR/USD on the Nano and Tera Accounts.
Will I pay admin fees when I hold positions overnight on my Axiory Islamic Account?
Yes, commissions are charged on certain forex pairs when you hold your position open for a certain time.
Does Axiory charge commissions?
Yes, Axiory applies commission fees to all trading accounts.
What is the average cost I can expect with Axiory?
The average trading cost is 8 USD.
What is the minimum deposit when I register an Axiory account?
The minimum deposit that you must pay when you register an account is between 0 BWP ($0) and up to 129 BWP ($10).
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
