Axiory’s MT4, MT5 and cTrader, which trading platform is the better choice for trading Cryptocurrency CFDs?
How to trade Cryptocurrency CFDs with Axiory? Table of Contents
- Investing in Cryptocurrency Market with Axiory
- Diverse Financial Instruments for Every Trader
- Advanced Trading Platforms of Axiory
- Unmatched Trader Support and Resources
- How to open an account with Axiory?
- 1. Starting Your Axiory Account
- 2. Maximizing the Demo Account
- 3. Upgrading to a Light User Account
- 4. Funding Your Account
- 5. Placing Your First Trade
- Axiory's Account Types: Cryptocurrency CFD Trading
- In-Depth Overview of Axiory Account Types
- Additional Features and Benefits
- Practice trading with Demo Account
- Open a Corporate Account with Axiory
- Axiory's Comprehensive Support System
- Axiory's Leverage: Empower Cryptocurrency Trading
- Understanding Forex Leverage at Axiory
- Leverage and Risk: A Balanced Approach
- Leveraging Opportunities in Cryptocurrency Trading
- Risk Management: Safeguarding Your Investments
- Why Choose Axiory for Cryptocurrency Trading?
- Axiory's Trading Platforms for Cryptocurrency CFD Traders
- MetaTrader 4: The Classic Choice
- In-depth Features of MT4:
- MetaTrader 5: The Advanced Multi-Asset Platform
- Distinctive Features of MT5:
- cTrader: The Modern Trading Platform
- Key Advantages of cTrader:
- Comprehensive Comparison of Axiory's Platforms
- FAQs about Axiory's trading service
Axiory, established in 2010, has become a notable name in online trading, offering a secure and transparent environment for global traders.
As a fully regulated broker, Axiory specializes in Cryptocurrency trading, providing a platform to trade popular digital currencies like Bitcoin, Ethereum, and Litecoin.
Their services extend beyond cryptocurrencies, encompassing Forex, stocks, ETFs, CFDs, and commodities like oil and gold, supported by advanced platforms like MT4, MT5, and cTrader.
These platforms are equipped with a range of tools, indicators, and customizable options, catering to various trading styles and strategies.
Axiory’s commitment to traders is further reflected in its comprehensive support, educational resources, and competitive trading conditions, making it a preferred choice for both novice and experienced traders in the dynamic financial market.
Investing in Cryptocurrency Market with Axiory
Since its inception in 2010, Axiory has been on a mission to provide traders across the globe with a secure, transparent, and efficient trading environment.
As a fully regulated broker under the IFSC and backed by solid auditing by PWC, Axiory upholds the highest standards of financial integrity and customer trust.
At the forefront of Axiory’s diverse financial offerings is its cryptocurrency trading platform.
Axiory recognizes the burgeoning potential of cryptocurrencies and offers its clients the opportunity to trade in some of the most popular digital currencies, including:
- BTC/USD (Bitcoin): The pioneer of cryptocurrencies, offering volatility and growth potential.
- DSH/USD (Dash): Known for its enhanced privacy and speedy transactions.
- ETH/USD (Ethereum): A key player in the world of smart contracts and decentralized applications.
- LTC/USD (Litecoin): Famed for its faster transaction speeds compared to Bitcoin.
With Axiory, trading in these digital assets is not confined to standard market hours – the platform offers a flexible trading schedule from Monday to Friday, catering to the non-stop nature of the crypto market.
Start trading Cryptocurrency CFDs
Diverse Financial Instruments for Every Trader
Axiory goes beyond cryptocurrencies, offering a rich portfolio of trading instruments:
- Forex Trading: Dive into the world’s largest financial market with over 60 currency pairs. Axiory’s Forex market is open 24/5, allowing traders to capitalize on market movements at any time.
- Exchange Stocks: Take a stake in the world’s leading companies. From tech giants to consumer staples, Axiory offers access to a wide range of stocks.
- Exchange ETFs: Axiory’s ETFs combine the benefits of stocks and mutual funds, offering a diversified investment vehicle.
- CFD Stocks and Indices: Trade on price movements without the need to own the underlying assets. This includes major brands and global indices.
- Oil and Energies: Tap into the energy market by trading commodities like crude oil and natural gas.
- Gold and Metals: Hedge against market volatility or speculate on price movements of precious metals.
Advanced Trading Platforms of Axiory
To facilitate a top-notch trading experience, Axiory offers the MT4 and cTrader platforms.
These platforms are renowned for their user-friendly interface, advanced charting tools, and robust security features.
They connect traders to global liquidity sources for fast and reliable execution.
Compare Axiory’s Trading Platforms
Unmatched Trader Support and Resources
Axiory’s commitment to its clients extends beyond just providing a trading platform.
It includes:
- World-Class Customer Support: Axiory’s multilingual support team is available to assist traders with any queries or issues.
- Regulatory Compliance and Security: Robust regulation, segregated accounts, and comprehensive risk management practices ensure a secure trading environment.
- Educational Resources: Enhance your trading skills with Axiory’s extensive collection of webinars, articles, and educational materials.
- Competitive Trading Conditions: Enjoy the benefits of low to zero commissions, tight spreads, and high leverage options.
Whether you’re a seasoned trader or new to the financial markets, Axiory provides a platform that caters to all levels of experience.
With over a decade of industry presence, Axiory has established itself as a trusted partner for traders seeking to explore the dynamic world of financial markets.
Start Trading with Axiory – Join a community of traders who choose Axiory for a superior trading experience.
How to open an account with Axiory?
Embarking on your trading journey with Axiory is a straightforward and efficient process, designed to quickly integrate you into the world of Cryptocurrency CFD trading.
With Axiory’s smart onboarding system, available 24/7 throughout the year, you can begin your trading adventure anytime.
1. Starting Your Axiory Account
Your journey begins at axiory.com/register, where the registration process is swift and user-friendly.
Initially, you will provide basic personal details, including your first and last name and email address.
These details form the foundation of your Axiory trader profile.
The next step involves enhancing the security of your account.
You will select your country code, enter your phone number, and create a strong password.
Axiory’s system assists by indicating the strength of your password.
For optimal security, it’s recommended to use a combination of letters, numbers, upper and lower case letters, and symbols while avoiding personal information.
An automatic password generator can be a useful tool for creating a robust password.
If you have an affiliate code, you can enter it in the designated field.
However, if you don’t have one, you can proceed without it.
Before completing the registration, it’s crucial to review and agree to the Terms and Conditions and Privacy Policy.
These documents outline the rules and guidelines of your engagement with Axiory.
Finalizing your registration is as simple as clicking the ‘Start Trading’ button, instantly giving you access to Axiory’s demo account.
The entire process typically takes less than 30 seconds.
2. Maximizing the Demo Account
Axiory warmly welcomes new traders with $10,000 in virtual money on their demo account, offering a risk-free environment to hone your trading skills.
This platform is particularly beneficial for newcomers who are apprehensive about using real money initially.
The demo account allows you to engage in virtual trading, mirroring real-time results just as a live trading account would.
It’s an ideal setting for building confidence in your strategies before transitioning to a live account.
3. Upgrading to a Light User Account
Once you’re ready to elevate your trading experience, upgrading to a Light User account is a swift and intuitive process.
After logging into your MyAxiory client zone, you’ll choose between Light and Full User accounts.
Opting for the Light account requires a simple registration form and your verified ID.
Verification is typically completed within 5 minutes, allowing you to commence live trading promptly.
Upgrade to a Light User Account
To upgrade, you’ll need to provide an ID, proof of residency (not older than 3 months), and a photo of yourself.
These documents undergo a verification process where essential information is extracted and authenticated.
4. Funding Your Account
Both Light and Full User accounts permit deposits and trading with real money.
While Light accounts offer a range of funding methods, including credit/debit cards and specific e-wallets, Full User accounts expand the options to include all available funding methods, such as bank wire transfers.
The funding methods are detailed on Axiory’s website.
For Light User accounts, the maximum deposit is capped at $1000 in total, and you can withdraw profits.
Full User accounts, on the other hand, have no such limitations, allowing unlimited deposits and withdrawals.
Depositing into your Axiory account is a hassle-free process.
Ensure that your account is verified for either a Light or Full User account.
Then, from your MyAxiory client zone, select the ‘Deposit’ button to view the various deposit options.
These include Credit/Debit cards, Bank Wire transfers, PayPal, Neteller, Skrill, and more, with the available methods depending on your account type and country of residence.
The minimum deposit is $10, except for Bank Wire Transfers from certain countries, where it is $100.
5. Placing Your First Trade
Once your account is funded, you are ready to dive into trading.
On platforms like MT4, you start by selecting your desired instrument from a diverse range of markets and instruments.
Adjust your trade volume, set your Stop-Loss and Take-Profit orders to manage risk effectively, and then decide whether you are buying or selling the instrument.
This final step completes your order, and you can monitor the performance of your trade in real-time.
Starting your trading journey with Axiory is a straightforward and secure process.
From registering for an account to placing your first trade, Axiory guides you through each step, ensuring a smooth transition into the world of Cryptocurrency CFD trading.
Whether you’re a novice or an experienced trader, Axiory’s platform is designed to cater to your needs, offering a comprehensive and user-friendly experience in the financial markets.
Axiory’s Account Types: Cryptocurrency CFD Trading
Axiory is offering a diverse suite of account types designed to cater to the varied needs of Cryptocurrency CFD traders.
With a commitment to providing a secure, flexible, and user-friendly trading environment, Axiory has become a trusted name for both novice and experienced traders.
Let’s delve deeper into each account type and discover how Axiory tailors its services to optimize your trading experience.
In-Depth Overview of Axiory Account Types
NANO | STANDARD | MAX | TERA | ALPHA | |
---|---|---|---|---|---|
Minimum Deposit | 10 USD | 10 USD | 10 USD | 10 USD | n/a |
Platforms | MT4, cTrader | MT4, cTrader | MT4, cTrader | MT5 | MT5 |
Average Spread EURUSD | 0.00003 | 0.00013 | 0.0002 | 0.00003 | n/a |
Leverage Up To | 1:400 | 1:400 | 1:1000 | 1:400 | 1:1 |
Commissions | 6 USD/lot | ✖ | ✖ | 6 USD/lot | from 1.5 USD/lot |
Commissions of Stock CFDs* | 0.04 USD per CFD (min 6 USD) | 0.04 USD per CFD (min 6 USD) | 0.06 USD per CFD (min 8 USD) | 0.04 USD per CFD (min 6 USD) | n/a |
Account Currency Options | EUR, USD | EUR, USD | EUR, USD | EUR, USD | EUR, USD |
Negative Balance Protection | ✔ | ✔ | ✔ | ✔ | n/a |
Hedging Allowed | ✔ | ✔ | ✔ | ✔ | ✖ |
Minimum FX Trade Volume (lots) | 0.01 | 0.01 | 0.01 | 0.01 | n/a |
FX Lot Size | 100 000 | 100 000 | 100 000 | 100 000 | n/a |
Maximum Open/Pending | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Islamic Account | ✔ | ✔ | ✔ | ✔ | ✖ |
- NANO Account:
- Perfect for traders who prioritize low spreads, the NANO account offers a competitive average EURUSD spread of 0.00003. It’s an excellent choice for scalpers and day traders who deal in high volume, given its up to 1:400 leverage and minimal cost structure. Platforms available: MT4 and cTrader.
- STANDARD Account:
- This account is ideal for traditional traders who prefer a straightforward approach without commissions. It provides an average EURUSD spread of 0.00013 and up to 1:400 leverage, making it suitable for those who trade less frequently but with more significant positions. Platforms available: MT4 and cTrader.
- MAX Account:
- Designed for the high-risk, high-reward trader, the MAX account offers the highest leverage of up to 1:1000. It’s particularly appealing to those looking to maximize their exposure in the volatile Cryptocurrency market. This account also features commission-free trading, a boon for those who trade frequently. Platforms available: MT4 and cTrader.
- TERA Account:
- Axiory’s TERA account is tailored for traders who prefer the advanced features of the MT5 platform. It offers a leverage of up to 1:400 and an average spread similar to the NANO account. This account type is suited for traders who are looking for more sophisticated trading tools and analytics. Platform available: MT5.
- ALPHA Account:
- Specifically geared towards stock CFD trading, the ALPHA account is for traders looking to diversify their portfolio beyond Cryptocurrency CFDs. It offers competitive commissions starting from 1.5 USD/lot. Platform available: MT5.
Additional Features and Benefits
- Account Currency Options: Trade in your preferred currency with options including EUR and USD.
- Minimum FX Trade Volume: Start small with a minimum trade volume of just 0.01 lots, providing flexibility and control over your trading.
- Negative Balance Protection: Offers a safety net, ensuring traders do not lose more than their initial deposit.
- Hedging: Allows traders to open multiple positions in the same instrument, either in the same or opposite direction, providing a strategy to balance risk.
- Islamic Account: Axiory accommodates a diverse clientele by offering Sharia-compliant trading accounts.
Practice trading with Demo Account
Axiory’s demo account is a standout feature, offering a risk-free environment to test strategies, platforms, and trading conditions.
It’s an invaluable tool for both beginners and experienced traders to refine their approaches without any financial risk.
Open a Corporate Account with Axiory
For corporate clients, Axiory offers tailor-made solutions with exclusive spreads, no trading volume limits, and potential tax advantages.
This account type is an excellent fit for larger trading entities or institutional traders.
Axiory’s Comprehensive Support System
Beyond the account types, Axiory’s comprehensive support system sets it apart:
- FSC Regulation: Ensures a secure and compliant trading environment.
- Award-Winning Customer Service: Provides expert support whenever needed.
- Optimized Trading Conditions: Offers competitive spreads, high leverage, and minimal slippage.
- Reliable Funding Methods: Ensures smooth and secure transactions.
- Educational Resources: Offers a wealth of knowledge through webinars and articles.
- Advanced Trading Platforms: Provides access to industry-leading software like MT4, MT5, and cTrader.
Axiory’s diverse account types, coupled with its robust support and educational systems, make it an ideal platform for traders of all levels interested in Cryptocurrency CFDs.
Whether you are starting in the world of digital currency trading or are a seasoned trader looking for a reliable and versatile platform, Axiory has something to offer.
Axiory’s Leverage: Empower Cryptocurrency Trading
Axiory stands as a paragon in the world of online Forex and cryptocurrency trading, offering an unrivaled blend of technology, flexibility, and security.
With its robust regulation under FSC and a dedication to trader education and support, Axiory has become a go-to platform for traders globally.
What sets Axiory apart in the dynamic world of cryptocurrency trading is its carefully structured leverage options.
Understanding Forex Leverage at Axiory
Forex leverage is a powerful tool offered by brokers like Axiory that allows traders to increase their market exposure beyond their initial investment.
This is achieved by reducing the margin required for a position, thereby freeing up more funds for trading.
However, it’s important to understand that while leverage can magnify gains, it also amplifies risks.
Axiory recognizes that one size does not fit all in trading.
Therefore, it offers customizable leverage options, ranging from no leverage to a high of 1:1000 on its MAX Account.
This flexibility allows traders to choose the level of leverage they are comfortable with, aligning with their risk tolerance and trading strategy.
The table below outlines Axiory’s leverage structure:
MAX Account | Nano/Standard/Tera Account | Maximum allowed equity with credit (USD/EUR trading accounts) (*) |
---|---|---|
1:1000 | 1:400 | 0 – 3,500 USD/EUR |
1:400 | 1:400 | 3,501 – 100,000 USD/EUR |
1:300 | 1:300 | 100,001 – 200,000 USD/EUR |
1:200 | 1:200 | 200,001 – 300,000 USD/EUR |
1:100 | 1:100 | 300,001 – 500,000 USD/EUR |
1:50 | 1:50 | > 500,001 USD/EUR |
Leverage and Risk: A Balanced Approach
Axiory’s leverage model is designed with risk management in mind.
As the account balance grows, the available leverage decreases, which is a prudent measure to mitigate the risks associated with higher fund levels.
For example, if your account balance exceeds $100,000, the maximum leverage available is 1:300, further decreasing as the balance increases.
Leveraging Opportunities in Cryptocurrency Trading
Cryptocurrency markets are known for their volatility and potential for significant price movements.
Axiory’s leverage options enable traders to capitalize on these movements, even with smaller initial investments.
This can be particularly advantageous in the cryptocurrency market, where even minor price changes can lead to substantial outcomes.
Start trading Cryptocurrency CFDs
Risk Management: Safeguarding Your Investments
Axiory equips traders with several risk management tools, ensuring they can leverage their positions effectively while mitigating potential losses:
- Negative Balance Protection: Shields traders from losing more than their account balance.
- Stop-Out: Automatically closes positions to prevent further losses.
- Stop-Loss and Take-Profit Orders: Set predetermined levels to close positions either to minimize losses or lock in profits.
- Margin Call: Alerts traders when their account equity falls below a specified level, preventing new positions that might overleverage the account.
Why Choose Axiory for Cryptocurrency Trading?
- Regulatory Assurance: Trade with confidence knowing Axiory is FSC regulated.
- Customizable Leverage: Tailor your trading with leverage options up to 1:1000.
- Comprehensive Risk Management: Tools like stop-loss, take-profit, and negative balance protection.
- Award-Winning Support: Access to a professional and responsive support team.
- Competitive Trading Conditions: Benefit from low spreads, minimal slippage, and more.
- Educational Resources: Enhance your trading knowledge with webinars and articles.
- Advanced Trading Platforms: Trade on industry-leading platforms for an optimized trading experience.
Whether you’re exploring the volatile world of cryptocurrencies or diversifying across other markets, Axiory’s tailored leverage options, combined with its comprehensive risk management tools, make it an ideal platform for both novice and experienced traders.
Axiory’s Trading Platforms for Cryptocurrency CFD Traders
Axiory provides traders with three distinct and powerful platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.
Each platform is engineered to cater to different trading styles and strategies, ensuring that every trader finds the perfect fit for their needs.
MetaTrader 4: The Classic Choice
MetaTrader 4, acclaimed for its user-friendliness and robustness, is the go-to choice for many traders, from beginners to experienced professionals.
In-depth Features of MT4:
- Comprehensive Indicator Suite: Over 30 built-in indicators and 24 analytical tools, providing traders with a vast array of options for market analysis.
- Versatile Time-Frames: Nine time-frames enable traders to view and analyze market dynamics from multiple perspectives.
- Flexible Order Types: Includes four types of pending orders, two market orders, and features like trailing stops for risk management.
- Execution Models: Offers three distinct execution models, catering to different trading approaches.
- Customization Options: MT4 supports custom indicators, allowing traders to personalize their trading experience.
- Platform Accessibility: Available on Windows, Mac, Android, and iOS devices, ensuring traders can operate from virtually anywhere.
MT4’s versatility and reliability make it an ideal platform for traders who need a dependable and adaptable platform for trading Cryptocurrency CFDs.
MetaTrader 5: The Advanced Multi-Asset Platform
MetaTrader 5 is designed for traders looking for advanced functionalities and a wider range of trading instruments.
Distinctive Features of MT5:
- Expanded Indicator and Tools Array: Boasts over 80 built-in technical indicators and 24 graphical objects for in-depth market analysis.
- Extended Time-Frame Selection: Provides 21 time-frames, offering a more granular view of market trends.
- One-Click Trading Feature: Simplifies the trading process, enhancing efficiency and responsiveness.
- Enhanced Charting Capabilities: MT5 offers advanced charting tools for comprehensive market analysis.
- Cross-Platform Trading: Available on Desktop, Mobile, and Web, MT5 caters to all trading environments.
MT5 is particularly suited for traders who demand sophisticated analytical tools and the ability to trade multiple asset types, including CFDs and exchange products.
cTrader: The Modern Trading Platform
cTrader is tailored for traders who prioritize speed, advanced charting tools, and a user-friendly interface.
Key Advantages of cTrader:
- Cutting-Edge Charting Tools: Features more than 20 charting tools and 26 time-frames for detailed market insights.
- Market Depth Analysis: Offers six zoom levels for an in-depth understanding of market liquidity.
- Rich Indicator Library: Equipped with 50 indicators, providing a comprehensive toolkit for technical analysis.
- Intuitive Design: Detachable charts and drag-and-drop functionality enhance the trading experience.
- Algorithmic Trading: Supports the creation and optimization of trading robots for those interested in automated trading strategies.
- All-Device Compatibility: Accessible on PC, Mac, Android, and iOS devices, enabling trading flexibility.
cTrader is an excellent choice for traders who value a sleek, modern interface combined with innovative trading features.
Comprehensive Comparison of Axiory’s Platforms
Feature | MetaTrader 4 | MetaTrader 5 | cTrader |
---|---|---|---|
Accounts | Nano, Standard, Max | Tera, Alpha | Nano, Standard, Max |
Indicators and Tools | 80+ | 38+ | 50 |
Custom Indicators | Yes | Yes | Yes |
EA Trading | Yes | Yes | Yes |
Autochartist Plugin | MT4 Plugin | MT5 Plugin | cTrader Plugin |
Detachable Charts | Yes | Yes | Yes |
Charting Tools | 24 | 31 | 21 |
One-click Trading | Yes | Yes | Yes |
Pending Order Types | 4 | 6 | 6 |
Trailing Stop | Yes | Yes | Yes |
Chart Time Frames | 9 | 21 | 26 |
DoM (Depth of Market) | Yes | Yes | Yes |
Whether you gravitate towards the classic and reliable MT4, the advanced and multi-functional MT5, or the innovative and intuitive cTrader, Axiory has the right platform to suit your Cryptocurrency CFD trading needs.
Explore Axiory’s Trading Platforms and embark on a trading journey that aligns with your personal style and goals.
With Axiory, you are not just choosing a platform; you are choosing a partner dedicated to empowering your trading journey.
FAQs about Axiory’s trading service
- Is Axiory a regulated broker?
- Yes, Axiory is fully regulated under the International Financial Services Commission (IFSC) and maintains high standards of financial integrity and customer trust, backed by solid auditing by PWC.
- What types of Cryptocurrency CFDs can I trade with Axiory?
- Axiory offers trading in popular digital currencies, including BTC/USD (Bitcoin), DSH/USD (Dash), ETH/USD (Ethereum), and LTC/USD (Litecoin).
- Does Axiory offer trading instruments other than cryptocurrencies?
- Yes, Axiory provides a rich portfolio of trading instruments, including Forex, Exchange Stocks, Exchange ETFs, CFD Stocks and Indices, Oil and Energies, and Gold and Metals.
- What are the trading platform options provided by Axiory?
- Axiory offers the MetaTrader 4 (MT4) and cTrader platforms, known for their user-friendly interface, advanced charting tools, and robust security features.
- How do I start trading with Axiory?
- To start trading, visit axiory.com/register, provide your personal details, create a secure password, agree to the Terms and Conditions, and then access Axiory’s demo account.
- How can I upgrade to a Light User Account at Axiory?
- Upgrade to a Light User Account by logging into your MyAxiory client zone, completing a simple registration form, and providing your verified ID for a quick verification process.
- What funding options are available for Axiory accounts?
- Axiory offers various funding methods, including credit/debit cards and e-wallets for Light User accounts, and additional options like bank wire transfers for Full User accounts.
- What is the minimum deposit for Axiory accounts?
- The minimum deposit is $10 for most methods, but $100 for Bank Wire Transfers from certain countries.
Please check Axiory official website or contact the customer support with regard to the latest information and more accurate details.
Axiory official website is here.
Please click "Introduction of Axiory", if you want to know the details and the company information of Axiory.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...