Axiory is a STP broker and therefore offers variable spread conditions and also sends all the trading orders to the real market.
Axiory offers several deposit options:
Bank wire transfer usually takes about 2-5 working days. The card deposit options are usually processed within couple of hours.
If sending money in other currency than your account is based on, the transaction will be converted in the actual spot exchange rate in our bank for that day.
The minimum deposit for new client is 500 USD
Clients’ deposits are currently being held in the Sparkasse bank in Malta, Europe and in Caledonian bank in Cayman Islands. Coming soon however we plan to offer our clients other well-known international banks, including local banks to facilitate deposit security and convenience.
First of all the security of funds is provided by segregated account for clients’ funds. This is being monitored by IFSC.
The second step of security is a „non-conflict of interests” business model of Axiory (STP model), where Axiory sends all the clients orders to the market, which means that client’s fund are only used for trading in market and not for any other operations. Axiory is not using clients’ funds for counter-trading or so. Last but not least, clients’ funds are also secured by CapitalGuard feature which is a part of Multitrader.