Axi Select is hailed as the future of prop trading (2024)

Axi Select is hailed as the future of prop trading as multiple demo account firms close doors due to pressures from regulators, brokers, and tech providers.

Axi Select is hailed as the future of prop trading (1)

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Bucking the trend of recent negative developments in the prop firm industry, leading global CFD and FX Broker Axi, which launched Axi Select – their unique capital allocation programme for talented traders – has been hailed by many industry experts as the future of the industry.

Recent issues experienced in the prop trading industry have resulted in multiple firms having to pause or close down their service due to pressure from Regulators, partner Brokers or tech providers.

Axi Select is completely different to the industry, and as a result has legitimised the prop firm model by offering a live trading account programme, with real controls in terms of execution, transparency, and fair market conditions. Since its launch in mid-2023, Axi Select has witnessed an incredible 40% month-on-month increase in the number of active clients on its platforms.

Axi believes their Select programme is revolutionary and sustainable and is the future of the prop firm model. Greg Rubin, Head of Axi Select stated:

“In the last week, the prop trading industry has been turned on its head completely with multiple firms having to suspend their services due to external pressures.

We foresaw this, which is why we’ve developed a capital allocation programme which is built on our live trading account model and has been available in over 100 countries for more than 16 years. This has given us the confidence that Axi Select is a long-term solution to the prop trading community, and is not subject to the issues now faced by prop firms who offer the demo account registration fee model and are under constant pressure from regulators and their tech partners.”

He continued“We genuinely empathise with the thousands of talented traders who will now be denied access to their allocated funds, and we encourage anyone using the demo trading registration model to question whether their prop firm partner will be able to continue as an ongoing concern given recent events. Unfortunately, this could be the beginning of the end for the demo account prop firm model.”

Axi Select offers a very attractive funding model – $1 million USD top allocation and clients can keep up to 90% of their profits – that’s one of the top allocation offerings worldwide, from an award-winning globally recognised, respected, and trusted broker.

By joining Axi you don’t need to pay a registration fee. Yes, you need to fund your trading account, but that money is yours to withdraw at any time and any profits you make on your funded account, you keep in addition to funds allocated by Axi.

“We believe passionately that Axi Select is the best allocation programme globally”, said Rajesh Yohannan, Group CEO of Axi.

“By using a live trading account, with real money and the emotions that accompany this, we believe you are more likely to be profitable longer term and make money from your own live account as well as the funded proportion. Our Axi Select account has all the controls we offer to our live account holders globally. This includes access to our award-winning fast, transparent, and fair-trade execution.”

He added,“If you are a talented trader and are looking for a legitimate funding programme which is designed to truly help you succeed and profit from the financial markets, and you want the stability of an account model which has been in the market for 16 years, then Axi Select is the place for you to find your Edge.”

Why Axi Select*?

  • 100% Free to join – No registration fees
  • Earn 90% of profits on $1,000,000 USD of our funds
  • Unrestrictive trading conditions & a structured pathway that provides a fair & real opportunity for traders to become professional traders
  • Trading score (Edge score) to assess & assist with trading performance
  • Dashboard with analytics, advanced stats, and a leaderboard
  • Exclusive online trading room with live analysis and learning videos from professional traders. Ability to interact with fellow traders and share analysis/trading ideas
  • Trustworthy broker with over 35+ industry awards

How is Axi Select* different from other programmes?

Programme

Axi Select

Industry Standard

Registration FeeNoYes
Pass EvaluationNoYes
Restrictive Trading ConditionsNoVaries
Number of Attempts31
Leverage100:1Varies, majority less than 100:1
Account TypeReal Trading AccountDemo
Additional ToolsDashboard/Leaderboard,
Edge Score, Trading Room
Varies

Learn more & switch to Axi Select:https://www.axi.com/select

* The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU, and UK residents. For more information, refer to our Terms of Service. Other fees and minimum deposit apply.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Axi Select is hailed as the future of prop trading (2024)

FAQs

Axi Select is hailed as the future of prop trading? ›

Axi believes their Select program has a revolutionary structure that instantly offers live trading accounts and charges no registration fees and therefore, could be the future of the prop firm model.

Is Axi Select legit? ›

Axi Select offers a very attractive funding model - $1 million USD top allocation and clients can keep up to 90% of their profits – that's one of the top allocation offerings worldwide, from an award-winning globally recognised, respected, and trusted broker. By joining Axi you don't need to pay a registration fee.

What is the risk of prop trading? ›

Profits from trades are generally divided between the firm and the prop trader; however, the risk distribution is asymmetric. This means that in the event of a loss, the trader bears 100% of the losses, while they don't receive 100% of the profits.

Is prop trading lucrative? ›

Proprietary traders have access to sophisticated software and pools of information to help them make critical decisions. Although commonly viewed as risky, proprietary trading is often one of the most profitable operations of a commercial or investment bank.

What is the difference between flow trading and prop trading? ›

Most of the traders currently on Wall Street are Flow Traders. Prop trading doesn't involve clients, it's like working at the bank's internal hedge fund. All the other roles are client facing. How a client trades depends on the underlying asset class.

Is AXI trader real or fake? ›

Axi is regulated by at least one top-tier regulator

Brokers overseen by top-tier regulators are seldom - if ever - scams. They must keep clients' money segregated from their operational funds, offer fair fees and prices as well as provide transparent trade execution.

How much is AXI commission per lot? ›

Axi Client Services

Generally, we charge a 7 USD roundtrip ($3.50 per lot) commission fee for every 1 standard lot of trade. It will be prorated for trades with less than 1 lot.

Can you make a living with prop trading? ›

Also known as “prop trading,” it offers higher earnings potential much earlier in your career than jobs like investment banking or private equity. It's arguably the most merit-based industry within finance: if you make millions of dollars for your firm, you'll earn some percentage of it.

Is prop trading legal in USA? ›

Prop trading firms are less heavily regulated than regular brokerages and broker-dealers. However, if such laws apply, you must still properly register your business and get licensed. For example, in the US, CFD trading is prohibited, and you can only offer prop trading of exchange-traded securities.

Why was prop trading banned? ›

Attached to the Dodd-Frank Act, the rule was intended to limit banks' ability to make speculative investments that do not benefit their customers.

Do prop traders get a salary? ›

Base salary: Most prop trading firms offer their traders a base salary, which is usually paid on a monthly or annual basis. This salary can range from $50,000 to $100,000 for junior traders and can go up to $500,000 or more for senior traders.

How many prop traders fail? ›

Historically, retail prop firm challenges have been designed to set traders up to fail. They're given harsh targets, limited time, no support, and huge leverage – a perfect storm! It's not surprising that 95% of traders fail their challenges!

Why do prop traders make so much money? ›

Prop traders make all or most of their income from splitting profits they generate in financial markets with the prop firm that provides them with capital. Prop traders face the same challenges as other traders but benefit from access to capital, technology, and interaction with other skilled traders.

Is prop trading better than hedge fund? ›

Hedge funds are a much safer investment when you are uncertain as an investor. Even though prop trading is the same, it is much riskier as you are using a prop firm's money to profit. Leverage: When it comes to leverage, hedge funds use aggressive techniques to manage their assets.

How do you succeed in prop trading? ›

15 Risk Management Tips for Prop Trading Success
  1. Educate yourself about the Forex Market and its Risks before Trading a Live Account. ...
  2. Develop and stick to a prudent trading plan. ...
  3. Test any trading strategy before risking real money. ...
  4. Never risk more than you can afford to lose. ...
  5. Choose a sensible risk-to-reward ratio.

Does AXI accept US customers? ›

Axi Client Services

As a responsible broker, we adhere to all local laws and regulations. Due to regulatory restrictions, we are unable to offer accounts to prospective traders in some countries/regions, such as residents of the United States of America (US).

How long does it take to withdraw from AXI? ›

Axi Client Services

All withdrawals will be processed within 1-2 business days upon receipt. If you withdraw via Bank Transfer, it may take up to 3 to 5 business days to receive fund. If you withdraw via e-wallet, you will receive fund instantly after Axi processes your request.

Is AXI a regulated broker? ›

Axi is regulated by multiple regulators including the FCA in the UK and ASIC in Australia. When possible, we suggest you select the most strictly regulated entity among these options, such as the one under the FCA, as it offers robust investor protection and oversight.

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