Axiory offers several deposit options such as:

1. International bank wire transfer

This deposit method may take more than 5 business days to be completed and also more than 20 USD of commissions charged by the corresponding banks directly.

2. Card deposits

You can deposit instantly by using your credit/debit card. You card just need to be available for making payments to overseas.

In case of card deposit, your funds will be credited into your Axiory’s MT4 account instantly though, for withdrawals, it could sometimes take a month or more to be completed by your card companies.

3. Other online payment methods

You can deposit through Neteller, Skrill and Unionpay etc to Axiory.

You can find more details from the official website regarding to other payment methods.

4. Broker to Broker transfer

Alternatively, you can also make a transfer from other brokers to your Axiory’s MT4 account, if the other broker allow you to make transfer directly to Axiory.

It is often that brokers do not accept “broker to broker transfer” if the funds are going out…

How to make deposit with cash to my Forex MT4 account?

Unfortunately, due to license regulations AML policy CySEC brokers cannot accept any funds in cash.

Clients’ funds have to be sent via selected payment method.

This conditions is normal for many brokers.

It is required that your deposit and withdrawals are made through accounts under your name in another payment entity.

So you are recommended to have following in order to get prepared for Forex trading:

• Bank account which bank is available for transferring funds internationally
• Credit/Debit card which is available for international payment
• Online Payment Account such as Neteller, Skrill and UnionPay

You will definitely be in a better condition if you are in a situation where you can make a deposit at anytime instantly.

Which segregated bank account your funds are held in Axiory?

Axiory’s Clients’ deposits are currently being held in the PPF bank in Czech Republic, Europe.

But this is the case if you are opening a trading accounts with the Axiory under CySEC.

In case you are opening accounts which is under other regulation, for example IFSC in Belize, then your funds won’t be deposited into the bank’s account in Europe.

You are recommended to check the “Terms and Conditions” before agreeing to any contracts in the account opening procedures.

The below is the example of when you are not opening accounts under CySEC entity.

Some brokers actually offer accounts which have different regulation conditions than the conditions introduced in its main page.

Is it secure to deposit to the Czech Bank account? How is it insured?

In case of looking to make a deposit through international bank wire to your Axiory’s bank account, you will need to make a deposit to a bank account in Czech.

The required deposit amount for start trading with Axiory is 1,000 USD though, first of all, the security of funds is provided by segregated account for clients’ funds, and this action is monitored by CySEC.

And in case the bank goes bankrupt, all client deposits are also insured up to 100,000€ per client.

Also as Axiory is a member of ICF, all clients’ deposits are also insured up to €20,000 as per the Investor Compensation Fund Scheme.

All of these conditions are applicable in case you have opened trading accounts under CySEC. If your trading account is under CySEC or not, you can find out by referring to the “Terms and Conditions” provided by Axiory when you open a trading account.

How long does it take for fund withdrawals from MT4 trading account?

Normally Axiory process all withdrawals within 1 working day assuming that the client has filled out his bank details and they were approved.

Client is notified about the request confirmation from Axiory by an automatic email.

The payment leaves the bank of Axiory the next working day. Bank processing times in order for the client to receive his funds differ based on individual bank wire payments.

International bank wire transfer normally takes about 5 business days to be completed, after the completion of the withdrawal process by Axiory.

Unfortunately, there is no way to check how long it is going to take, in case of a bank wire transfer, but you just need to wait for it.

If you have provided wrong bank account details the transfer may take even more days, or sometimes simply rejected.

For a fund withdrawal through credit/debit card, it could take from a few days to a month.

In case of online payments such as Neteller and Skrill, a transfer may take a few second.