Exness Review
Axiory Minimum Deposit
Overall, the minimum deposit amount required to register a live trading account is $10, this minimum deposit is equivalent to 129 BWP. Axiory provides 5 different account types, the NANO account, a Standard account, a MAX account, a Terra account, and an Alpha account. Axiory has an overall trust score of 90 out of 100.
- Lesche Duvenage
Jump to:
Minimum Deposit Overview
Deposit Fees and Methods
Step By Step guide to depositing the Minimum Deposit
Pros and Cons
Final Verdict
FAQ
Axiory Minimum Deposit – 6 key points quick overview:
Axiory Minimum DepositAxiory Minimum Deposit
Axiory charges a minimum deposit amount of 10 USD.
Based on the current conversion rate between the United States Dollar and the Botswanan Pula, this is equal to 129 BWP. Botswanan traders must make a minimum deposit depending on the kind of trading account they create. These are as follows:
Nano Account – 129 BWP / 10 USD
Standard Account – 129 BWP / 10 USD
Max Account – 129 BWP / 10 USD
Tera Account – 129 BWP / 10 USD
Alpha Account – 0 BWP / 0 USD
Deposits made on behalf of clients are kept apart from the broker account in separate accounts with trustworthy institutions. All segregated customer funds are audited by PricewaterhouseCoopers (PwC), a well-known global network of financial services that includes auditing.
Anti-money laundering (AML) regulations are followed by Axiory, which also has a rigorous customer verification procedure. To fulfil this responsibility, KYC (Know Your Customer) approaches must be utilized to accurately identify consumers.
Despite not having licenses or rules from the local market regulators in Botswana, Axiory is well-regulated by the FCA, IFSC, and FSC in Mauritius and has a high trust score of 90%, making it a safe and low-risk trading option for traders from that country.
Axiory Deposit fees and deposit methods
👉 Axiory does not charge any deposit fees and Botswana traders can deposit the minimum deposit by using any of the following methods:
➡️ Credit Cards
➡️ Debit Cards
➡️ Bank Transfer
➡️ Sticpay
➡️ Neteller
➡️ Skrill
➡️ Vload
➡️ ThunderXPay
👉 When making the minimum deposit to any of the live trading accounts offered by Axiory, Botswanans can only choose between USD or EUR as the deposit currencies.
Step-by-step guide to depositing the minimum amount
After traders have finished the registration procedure and passed the KYC and AML checks to establish their identity, they may take the following steps:
Step 1 – Log on to the Axiory homepage
Once traders have completed the registration process, they can make the minimum deposit by logging onto the Axiory home page and logging in by selecting ‘my Axiory’
Step 2: Log into MyAxiory
Fill in the details you used to register your Axiory account with your email and password.
Step 3 – Select Deposit
Traders will then be redirected to the Axiory trade dashboard where they will be required to locate the Deposit option on the account created, the trader can click on ‘Deposit’.
Step 4 – Enter the amount you wish to deposit into your Axiory trading account.
While Axiory does not charge for deposits, traders may still be charged by their payment provider, bank, or financial institution for processing. These fees are the trader’s responsibility, and Axiory is not accountable for waiving them.
Traders must verify that their monies are deposited under the same name as the one used to establish their live trading account. This is because Axiory does not accept payments from unknown or third-party sources.
To pay the minimum deposit using a credit/debit card, traders may be needed to present a copy of their bank statement to verify that the card is registered in their name. All these standards are consistent with Axiory’s anti-money laundering policies.
Axiory Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| There is an extremely low minimum deposit requirement of 10 USD / 129 BWP | Only two deposit currencies are supported |
| Axiory is well-regulated and is trusted | Botswanan traders will be subject to currency conversion fees |
| Botswanans can choose from several reliable deposit methods | |
| There are no deposit fees charged by Axiory |
Verdict on Axiory
👉 Overall, Axiory is very competitive in terms of its trading fees and spreads.
FAQ
What payment methods can I use to deposit funds to Axiory?
You can choose from any of the following to pay the minimum deposit amount:
- Credit Cards
- Debit Cards
- Bank Transfer
- Sticpay
- Neteller
- Skrill
- Vload
- ThunderXPay
What does Axiory do with my deposit?
Axiory keeps your deposited funds in segregated accounts away from its broker account.
How much does it cost to register an Axiory account?
The minimum deposit on the Alpha Account is 0 USD but all other accounts have a minimum deposit requirement of 10 USD / 129 BWP.
Does Axiory have a BWP account?
No, Axiory does not offer BWP as a base currency for a trading account.
Is Axiory regulated in Botswana?
No, Axiory is not regulated by any of the following regulators in Botswana:
- Ministry of Finance and Economic Development (MFED)
- Bank of Botswana (BoB)
- Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
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.
