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Axi Select

476
CEORajesh Yohannan
Country
Australia
Trust Pilot4.1
Date CreatedOct 2007
Years in Operation18
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Firm Overview

Broker
CFD broker (Axi - AxiTrader Limited)
Payment Methods
Astropay Bank Transfer Boleto Credit/Debit Card Crypto Fasapay Neteller PayPal Pix Przelewy24 Skrill
Platforms
MetaTrader 4 (MT4) MetaTrader 5 (MT5)
Payout Methods
Astropay Bank Transfer Credit/Debit Card Crypto Fasapay Neteller PayPal Pix Przelewy24 Skrill

Instruments and Assets

Instrument Type
CFD
Available Assets
FX Energy Indices Metals Stocks Other Commodities

Leverage

AssetsInstant1-Step2-Steps3-Steps
FX
n/a
1:100
n/a
n/a
Metals
n/a
1:100
n/a
n/a
Indices
n/a
1:100
n/a
n/a
Energy
n/a
1:100
n/a
n/a
Crypto
n/a
Not specified on this page
n/a
n/a

Commissions

FX
No commission
Metals
No commission
Indices
No commission
Crypto
No commission stated; page lists “Stocks” and “Other Commodities” as no commission and does not separately list crypto commissions
Other Commodities
No Commissions

Consistency Rules

  • The program uses an Edge Score that includes a Consistency component reflecting the trader’s ability to achieve consistent gains and demonstrate understanding of market dynamics.,Minimum number of unique trades per stage to progress: Seed 20 trades, Incubation 40 trades, Acceleration 50 trades, Pro 50 trades, Pro 500 50 trades, Pro M 50 trades.,To progress from Seed you must meet both the Edge Score requirement and the minimum trade count, with a note that reaching a 14% profit target plus minimum required trades in Seed allows skipping to the next level (limited-time feature).

Firm Rules

  • Edge Score: Axi Select uses a personalized Edge Score to assess trader performance and eligibility for increased funding. The Edge Score is a weighted average of Skill, Consistency, and Risk, multiplied by a discount factor based on Experience. Skill measures the ability to generate profits while managing drawdowns. Consistency measures the ability to achieve steady gains and show understanding of market dynamics. Risk evaluates risk management proficiency. Experience checks whether the trader meets minimum criteria for credible trading experience. A higher Edge Score results in greater funding eligibility as the trader moves through the program stages. Different minimum Edge Scores apply by stage: Seed 50, Incubation 60, Acceleration 70, Pro 90, Pro 500 90, Pro M 90. There is also a minimum number of trades required per stage to progress: Seed 20, Incubation 40, Acceleration 50, Pro 50, Pro 500 50. Minimum equity per stage must be maintained to remain in the program: Seed 500 USD, Incubation 1,000 USD, Acceleration 2,000 USD, Pro 5,000 USD, Pro 500 10,000 USD, Pro M 20,000 USD. Trading takes place in a live Axi Select account funded with the trader’s own capital, while Axi simultaneously allocates additional firm capital into a separate allocation account where trades are mirrored at a multiplied size. Profits from the allocation account are credited monthly to the Axi Select account. The program allows unrestrictive trading including use of expert advisors (EAs), holding positions over weekends, and trading news, and it has no daily drawdown limits. Participation is free, with no sign-up or evaluation fees, but traders must be clients of AxiTrader LLC and acknowledge that CFDs carry a high risk of loss.

Payout Policy

  • Profits generated in the allocation account are automatically paid out on the first day of each month or immediately when the trader progresses to the next stage. These profits are credited directly into the trader’s Axi Select live account. Profit share increases with stages: Seed (no explicit share stated on this page), Incubation 40 percent, Acceleration 50 percent, Pro 60 percent, Pro 500 70 percent, and Pro M 80 percent.

Restricted Countries

Restricted Countries
Afghanistan Belarus Cuba Democratic Republic of the Congo Haiti Iran Israel Maldives Myanmar North Korea Ontario, Canada Palestinian Territory Republic of the Congo Russia Saint Vincent and the Grenadines Somalia South Sudan Syria Ukraine United States of America Vanuatu