This modern broker for traders of a new generation has been operating since 2016 and changed its brand to Axiance in August 2021. It uses cutting-edge technology to offer numerous trading instruments that include CFDs on forex, crypto, shares, energies, commodities, futures, and more. A new way of doing business in the online trading industry has been forged by the broker’s core values of transparency and fairness.
The quality of a broker depends on the service it provides to its clients, and Axiance fulfils that requirement. The company offers a variety of trading instruments, offers great customer support, and is recognised worldwide.
We thought Axiance had all the boxes that made them sui for the vast majority of traders, although the definition of a good broker can vary from one trader to the next.
Axiance also has a wide range of deposit and withdrawal gateways, which makes banking simple. In addition to the MT4 and MT5 platforms, Axiance also offers a wide range of assets. A wonderful team of customer service personnel is on hand to help when questions or problems arise.
Access to Trading Central, the company’s online trading platform, is another large benefit of trading through Axiance. This provides traders with access to market news, analysts’ viewpoints, and more. As well as daily market reviews and research reports, there are daily reports that can help you find good opportunities to trade.
You can find our transparent Axiance review below. Broker reviews are updated frequently!
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Regulations
The Axiance group owns the trade name Axiance. A variety of licensing agencies and subsidiaries operate globally under this brand name.
Cyprus Securities and Exchange Commission (CYSEC) has authorised and licensed ICC Intercertus Capital Ltd under License No. 301/16 for operations in Europe.
Financial Services Authority (FSA) license number SD036 authorises and regulates the activities of Aerarium Limited in Seychelles International.
Lastly, Global Aurum Capital Ltd is a registered Investment Dealer in Mauritius registered with the Financial Services Commission (FSC) under license number GB20025770.
Reliability
In terms of the protection of client funds, Axiance complies with all regulations. It maintains segregated accounts for client funds, separate from its own operating funds. Negative balance protection is also available to clients.
Tradable products
- CFDs can be traded on 300+ assets with Axiance:
- A wide variety of currency pairs – the most popular and liquid trading instrument, including all the major and minor currencies;
- Hundreds of shares of the largest companies in the U.S. and Europe;
- Stock indices of 15 companies from around the world – measuring the performance of the stocks of these companies;
- The five-spot metals are, among others, silver, gold, palladium, and platinum.
- There are two spot energies – Brent Crude and Light Sweet Oil.
- There are 17 cryptocurrencies that are on the top of the world’s charts
Account Types
There are three types of accounts available for Axiance: Standard, Premium, and VIP.
Standard account features: With Axiance new ZAR Account option, you can make a 5 USD minimum deposit to start trading. With their USD Account, a 50 USD minimum deposit is needed to start trading. With spreads as low as 1.2 pips and leverage up to 1:500, a bonus of up to 30%, customer support, 10% stop out, 100% margin call, and 5% interest rate.
Premium account: USD 5000 min deposit: 0.8 pips minimum spread, 1:500 maximum leverage, 50% bonus, customer support, access to Trading Central, 10% stop out, 100% Margin call, interest rate 7%.
VIP account: Minimum deposit of USD 30 000, maximum leverage of 1:500, 100% bonus up to $10k, customer support, a commission of $4 per lot, development of unique trading strategies, access to trading central, 15% stop-out, 100% margin call, the interest rate of 10%.
Trading Platforms
At Axiance Corporation, clients have the option of choosing between MetaTrader 4 (MT4) and MetaTrader 5, which offers enhanced features.
MetaTrader 4
MetaTrader 4 is the most renowned trading platform on the market. In the eyes of all other trading platforms, it is the gold standard, being used by more than 10 million traders.
This software provides stability to the markets and contains powerful indicators that are useful for analysing price movements in assets. In addition, trading is fully customisable with its Expert Advisor functionality, which can be utilised to automate trading.
MetaTrader 5
With MetaTrader 5, you can trade in CFDs using Expert Advisors, the most up-to-date version of MetaTrader 4. Therefore, Axiance’s platform is the ideal choice for use within a broker.
Trading with it offers traders a greater variety of indicators and chart types, and most importantly, it provides greater market access.
In addition to new tools for decision support and technical analysis, the platform also provides more technical indicators, fundamental analysis tools, and a broader choice of market orders than its predecessor MT4. The economic calendar is also available along with the possibility of viewing more chart periods.
Spreads and Commissions
With Axiance, you’ll get free commissions and spreads as low as 0.0 pips. The commission for a VIP account / raw spread is $4 per traded lot.
The swap fee imposed by Axiance depends on the interest rate of the currency or currency in which the asset is denominated for positions held overnight. By debiting or crediting trading accounts for positions held overnight, the rollover process is automatically performed every night at GMT + 2.
Trading commissions are charged based on asset and client clubs. Commissions are sometimes charged for some assets, such as stocks, which cover the costs of execution and stock exchange fees. There are commission fees associated with specific clients’ clubs based on the cost of the products. On majors, average spreads on standard account are as follow
Average Standard Account Spreads on Majors
- EUR/USD: 1.2
- GBP/USD: 1.3
- USD/JPY: 1.3
- AUD/USD: 1.3
Fees
Clients on an Axiance VIP Account get charged $4 per standard lot (round tip). All other accounts are commission-free.
Leverage
Leveraged products are traded by any trader who is willing to magnify their profits or losses. Additionally, the trader has the potential to gain a high level of market exposure.
It is considered that a leverage ratio of 1:50, 1:100, or 1:500 is average. For example, if a trader has $1000 in their trading account and trades USD/JPY with a 10,000-ticket size, the leverage is 100:1.
Trading with high leverage is always beneficial for traders who want to experience profi results. However, it is still advisable to be cautious since high leverage is risky and can result in large losses.
This forex broker also offers a leverage ratio of 1:500 to its customers.
Deposits & Withdrawals
Among the many payment methods offered by Axiance are debit cards, credit cards, bank transfers and e-wallets: VISA in EUR, USD, GBP/Skrill, Neteller, Dragonpay, VN Pay/iSignthis, ABSA and bnk2. These methods are available both for depositing and withdrawing funds.
Neteller: Neteller is an online payment service similar to PayPal in that it is extremely popular with consumers.
The popularity of Neteller as a payment method has resulted in nearly all forex brokers accepting this method as a method of client deposit and withdrawal. Neteller is a system available in most countries of the world, but it remains especially popular in Europe.
Skrill: Skrill is usually offered as an option for online payments by all forex brokers. This method is popular mainly because it allows traders to make transactions quickly, easily, and safely.
The Skrill eWallet allows users to fund their trading accounts by using credit cards, bank wire transfers, or directly from their Skrill eWallet accounts.
Wire transfer: The most popular method of payment is by wire transfer. This is the method used by most brokers around the world. A wire transfer is simply a traditional method of sending money between banks around the world. Because of this, it is safe to use.
EFT: Their main bank account is ABSA, a tier 1 bank in South Africa.
Trading without credit cards or avoiding third-party payments is really made easier with this feature.
Axiance also offers payment through AstroPay, by credit card, by debit card, by Dragonpay, by iDEAL, by Przelewy24, and by SOFORT.
A big advantage is to hold your funds in a bank within the country you reside in.
Education and research
Trading skills are essential to success in the financial markets, and Axiance is dedicated to teaching traders those skills. It provides several free educational resources, such as articles, glossaries, and online trading webinars. In addition, a daily market outlook, fundamental analysis, technical analysis, and TV news are also available.
Traders can earn as much knowledge as possible with the help of a strong educational infrastructure from which free e-books, regular in-depth articles, and a rich proprietary glossary are available.
Among its services, it publishes weekly articles about markets and trends and hosts free webinars with its own in-house market analyst who specialises in:
- Technical & fundamental analysis
- The price movement
- A risk management approach
- Strategies related to trading
- Signals on charts
- Budgeting & Finance
Customer Service
There is an excellent multilingual customer service team at Axiance. You can reach them from 8:00 am EET – 6:00 pm EET (excl. holidays & weekends). They can be reached via email and live chat.
Bonuses & Promotions
100% rebate: 100% of the client’s investment is returned to them. For up to 100% of the deposited amount, the company offers a maximum rebate bonus of USD 10,000 or equivalent currencies per client.
10% interest on deposit: Clients receive an accrual when funds are available. A deposit amount may only be credited to the trading account on the first day of the Promotional Period. Deposits up to a maximum of USD/GBP/EUR 50,000 are eligible for this promotional interest accrual.
Additional Features
As part of its commitment to corporate social responsibility and the environment, Axiance engages in carbon-neutral partnerships.
Through partnerships with UK-based companies such as Ecology, Axiance has created a carbon offsetting program to compensate its greenhouse gas emissions through reforestation projects worldwide and net-zero projects.
Throughout the 39th Copa del Rey de Vela nautical event held in Mallorca, the broker has sponsored the Swan 42 class yacht skippered by Javier Sanz. Additionally, it has signed Olympian pro-cyclist Antri Christoforou, a member of the Burgos Alimenta team who competed at the Tokyo Olympics in 2021, as a brand ambassador.
>Broker FAQ
Thinking of Trading with Axiance?
Where is Axiance regulated?
In Seychelles, Aerarium Limited is licensed by the FSA (Seychelles) under the number SD036.
Also regulated by CySEC (Cyprus), Axiance is under license number 301/16 of ICC Intercertus Capital Limited.
Is there a demo account on Axiance?
Yes, traders can sign up for a demo account and trade in real market conditions and learn with virtual funds and simulated outcomes.
Are there any withdrawal fees?
There are no withdrawal fees charged by Axiance.
What is the minimum deposit?
Deposits are required to be at least USD 50.
How do I deposit/withdraw from an Axiance account?
Deposits and withdrawals can be made via debit or credit cards, bank wire transfers, and eWallets like Skrill and Neteller.
What investment products does Axiance offer?
Axiance’s contract for difference (CFD) products can be traded on forex, crypto, shares, energies, commodities, and futures.
Does Axiance use MetaTrader?
Metatrader 4 and Metatrader 5 are supported.
Our verdict
Our overall impression of Axiance is that it is a trustworthy and transparent broker. In addition, we appreciated the fact that the broker offered multiple licensing options and a wide variety of assets on its platform. It is rare to find a broker that offers so many assets.
The fact that MetaTrader 4 and MetaTrader 5 are available was also great. Unfortunately, most brokers today offer only one of the two options, leaving certain traders out, as older traders prefer MT4 while newer traders prefer MT5.
You are under no obligation to fund a bank account right away. Instead, Axiance offers a demo account that allows you to try out the trading conditions or see the software in action on the website.
The platform, the conditions for trading, the support, and the list of available assets offered by Axiance are excellent, and we believe that any trader would benefit from using Axiance.
From a South African perspective
Forex broker Axiance provides excellent online trading services and is a repu, regulated broker. Trading conditions are excellent, account options are great, and the trading instruments are broad. A helpful customer support team, as well as great educational resources, complete the package.
