Review Axiance
https://axiance.com/ Headquarters in Cyprus Open Demo Account Open Live Account BEGIN item ContentsPros and ConsRegulationAccount TypesTrading PlatformsAssetsEducationCustomer ServiceConclusion
Axiance Group (Axiance) is a global brand of regulated CFD brokers offering a range of assets for traders across the world. It consists of ICC Intercertus Capital Limited, which was established in 2016 and it is regulated by the Cyprus Securities and Exchange Commission. A second branch, Aerarium Limited, was established in 2019 and it is regulated by Seychelles Financial Services Authority. And the Axiance brand has been operating since August 2021 as a modern-day broker for the newest new generation of traders. Axiance prides itself on fairness in trading and transparency, combined with the 21st century technologies that make online trading through them a better way.
Axiance has over 300 trading assets available to its clients as CFDs on forex, cryptocurrencies, indices, shares, energies and commodities. Clients can take advantage of both the MetaTrader 4 and MetaTrader 5 platforms, giving them unparalleled analysis and trading power.
This review will go into greater depth to examine the strengths and weaknesses of the broker and will help uncover whether or not potential clients will find them suitable for their own needs.
Axiance Pros and Cons
Pros
Global brand with multiple regulatory bodiesVariety of Account TypesMetaTrader 4 and MetaTrader 5 available
Cons
Newer BrokerCredit card withdrawal fees
Broker Regulation
Axiance holds a number of regulations, making it secure not only for traders in the European Union, but globally as well. It is regulated through ICC Intercertus Capital Ltd by the Cyprus Securities and Exchange Commission (CySEC) under license number 301/16, through Aerarium Limited by the Financial Services Authority Seychelles (FSA), with license number SD036, and through Aurum Capital Limited by the Financial Services Commission in Mauritius (FSC) with license number GB20025770.
Since Cyprus is part of the EU any companies operating from there (including Axiance) must follow the MiFID II requirements, which provide for better consumer protections and increased financial transparency.
Regulation also requires the broker to maintain segregated account for client funds, and all client funds are held in tier-1 European banking institutions.
Account types
Axiance follows the practice of making multiple account tiers available to its clients, with higher tiers commanding larger minimum deposits, but also greater benefits. These tiers are also broken up by European Union clients, and international clients. Those residing in the European Union can avail themselves of three different account tiers (Standard, Premium, VIP), while international clients can avail themselves of a fourth tier called Entry. Those tiers are detailed below:
European Union Clients
Standard
Minimum Deposit – €100Spreads as low as 1.2 pips (EUR/USD)No CommissionTrading Central included
Premium
Minimum Deposit – €5,000Spreads as low as 0.8 pips (EUR/USD)No CommissionTrading Central included
VIP
Minimum Deposit – €30,000Spreads as low as 0 pips (EUR/USD)Trading Central includedCommission $2 per lotFree VPS
International Clients
Standard
Minimum Deposit – $ 100Spreads as low as 1.2 pips (EUR/USD)Maximum leverage 1:500Bonus up to 30%Trading Central included10% Stop out100% Margin call
Premium
Minimum Deposit – $ 5,000Spreads as low as 0.8 pips (EUR/USD)Maximum leverage 1:500Bonus up to 50%Trading Central includedMonthly session with a senior market analyst10% Stop out100% Margin call
VIP
Minimum Deposit – $30,000Spreads as low as 0 pips (EUR/USD)Maximum leverage 1:500Bonus up to 100%Trading Central includedCommission $4 per lotWeekly session with a senior market analystExclusive trading strategiesDevelopment of an individual business plan15% Stop out100% Margin call
Trading Platforms
At Axiance clients have access to both the MetaTrader platforms – the classic MetaTrader 4 and the new MetaTrader 5 with enhanced features.
MetaTrader 4 (MT4)
MetaTrader 4 is the classic trading platform that’s been appreciated and glorified by traders since its release nearly 20 years ago. Winner of multiple awards, it is still the gold standard in terms of fast and stable market access, as well as chart analysis. MetaTrader 4 is used by over 10 million traders worldwide. In addition to the stable and reliable access to the markets MetaTrader 4 also provides the following features:
Reliable data protectionAll types of trading orders and MetaTrader 4 execution modesOne Click Trading30 indicators and 24 graphical objects for technical analysis9 time-frames, from one minute to one monthReal-time quotes in Market Watch
MetaTrader 5 (MT5)
MetaTrader 5 was created as the next generation platform, with optimization for CFD trading, and for automated trading through the use of Expert Advisors. MetaTrader 5 was voted best multi-asset and FX trading platform of 2020 by Finance Magnates.
Some of the features included in the MT5 platform include:
80 built-in technical indicators and analytical objects, plus custom indicatorsReal-time information including quotes, account summary, P&L etc.21-time intervals to analyse short-term and long-term trendsAbility to use Experts Advisors for automated tradingUp to 100 charts can be opened simultaneouslyMultiple order types and execution modesDirect news feed
Available Assets
The available assets are an important consideration when choosing a broker, and Axiance does not disappoint. There are over 5,000 individual assets, with CFDs on forex, commodities, stocks, indices, and even cryptocurrencies.
15 major indicesHundreds of global stocksCommodities including precious metals, cotton, coffee, and more17 popular cryptosMore than 50 forex pairs
Education and Research
Education and research are a very important component of trading, and Axiance has their clients covered through the provision of Trading Central tools that include all the following:
Fundamental and Technical NewsDaily Market Outlook Newsletter24 hr Multi-asset coverage of global marketsIntuitive Research ToolsActionable Newsroom Information and Trend AnalysisSupport in 32 LanguagesWeb TVExclusive Trading Central Plugin for MT4 and MT5
Customer Service
Customer service is available on a 24/5 basis and clients can get in touch with the support team via online chat, email, and an online contact form.
Email: support@axiance.com
In Conclusion
While Axiance may be new, they also provide everything needed by a trader for success in the markets. From the award-winning MetaTrader 4 and MetaTrader 5 platforms, to the extensive education and research provided by Trading Central, there is plenty to like at Axiance.
The broker also has a solid offering of assets, including the new cryptocurrency asset class. There is something for everyone at Axiance.
And of course, it is a good feeling knowing the broker holds multiple licenses and regulatory approvals, including that from the Cyprus Securities and Exchange Commission.
Taken all together it seems clear that Axiance is a trustworthy broker, with plenty to offer traders of all experience levels and trading types. If you are looking for a pleasing broker, why not give them a try?
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