Axi Select is hailed as the future of prop trading as multiple demo account firms close doors due to pressures from brokers, and tech providers.
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 program 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 partner brokers or tech providers.
How does Axi Select work?
Axi created Axi Select to improve the prop firm model and give clients a sustainable alternative. A real chance to be as successful as a funded trader.
How? With real controls in terms of execution, transparency in fees and program structure, and by offering fair trading conditions. Since its launch in mid-2023, Axi Select has witnessed an incredible month-on-month increase in the number of active clients on its platforms.
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. Following the turbulence in the prop firm industry, Greg Rubin, Head of Axi Select stated:
“Recently, 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 program 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 external parties and their tech partners.”
He continued: “we genuinely empathize 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 a global award-winning, recognised, respected, and trusted broker.
An Axi Select trading account offers access to a broad spectrum of markets including all the major forex pairs, major indices, commodities like UK & US Oil, precious metals like Gold and Silver, and cryptocurrencies like Bitcoin and Ethereum.
Another aspect of the program that Greg is keen on highlighting is accessibility. By joining Axi Select traders are not required to pay a registration fee. The funds they use to trade are theirs and they are available to withdraw at any time. Moreover, traders also keep a percentage of the profits made on the funded account, in addition to funds allocated by Axi.
“We believe passionately that Axi Select is the best allocation program globally”, said Rajesh Yohannan, Group CEO of Axi.
“By using a live trading account, with real money and the emotions that accompany this, you might 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 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 up to 90% of profits on $1,000,000 USD of Axi 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*
*Axi Group of Companies awards
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. Axi acts as a principal counterparty to all of your positions. This content is not available or AU, NZ, EU, and UK residents. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.