What can you actually trade?
Axonera AG offers a broad multi-asset catalogue that covers the needs of retail traders and smaller institutional desks alike. The FX product set includes 60+ currency pairs spanning majors, minors and the most frequently traded exotics. Index CFDs cover the core benchmarks: S&P 500, Nasdaq 100, DAX 40, FTSE 100, Nikkei 225, SMI and a curated set of regional indices. Commodity CFDs include spot gold, spot silver, platinum, Brent and WTI crude, and natural gas.
Beyond FX and CFDs, the broker provides access to fractional shares on the largest European and US names, a selection of ETFs and a small, curated list of fixed-income instruments for diversification. This layered catalogue is the right balance for a Swiss broker: broad enough to support complete portfolio construction, narrow enough to keep spreads institutional rather than retail.
Execution venues and liquidity
Axonera AG is not a dealing desk in the informal sense of the word. Orders are routed to a liquidity pool that includes tier-1 banks, non-bank market makers and exchange-traded venues where applicable. The trader area publishes the top liquidity providers per instrument category, which is a transparency practice that regulators increasingly expect and that few brokers actually volunteer.
For FX, the streaming price is the aggregated best bid and offer from the pool, adjusted for the account-class mark-up. For index and commodity CFDs, the reference price tracks the underlying futures contract with transparent roll adjustments. Equity orders are routed directly to the primary exchange or an MTF depending on client preference and the instrument’s liquidity profile.
Trading hours and session structure
Standard trading hours follow the underlying market. FX is available 24 hours a day from Sunday evening to Friday evening in Swiss time. Index and commodity CFDs follow their respective futures sessions with a brief maintenance window. Equity trading follows exchange hours. The trader area displays a consolidated calendar so there is no guesswork about whether a specific instrument is tradable at a given moment.
Mobile and algorithmic access
The mobile app supports the full set of order types including OCO, trailing stops and conditional entries. Charting on mobile covers multi-frame analysis with synchronised indicators. For algorithmic traders, the broker provides a documented API on the professional account, so strategy-level automation is possible without third-party bridging software. API authentication is key-based with rotating secrets, and rate limits are generous enough for realistic retail-to-boutique strategy volumes.
Fees, spreads and total cost
Total trading cost combines spread, commission where applicable and swap. For the entry-level account on FX majors, expect the all-in cost to sit inside the European retail median during liquid hours. For the professional account, the raw-spread plus commission total is competitive with institutional-grade European brokers and in some categories, EUR/USD specifically, at the sharper end of what is publicly quoted.
Verdict on market access
Axonera AG’s market access is broad enough for a serious multi-strategy trader, deep enough in FX and indices to support both discretionary and systematic approaches, and transparent enough that a diligent user can audit how every order is handled. Combined with FINMA-aligned compliance and the broker’s published execution statistics, it is a coherent overview of what a modern Swiss multi-asset broker should look like in 2026.