Axi Select Review – Prop Trading Funded Trader Program

Axi Select is a capital allocation / sponsored trader program created by Axi (a Forex and CFD broker) in mid-2023. (Axi) Axi Select Review – Prop Trading Funded Trader Program

The key characteristics include:

Up to USD 1,000,000 in fundraising possibilities. (Axi)
There are no registration or membership costs. (Axi)
Traders get a significant profit share (up to 80-90% depending on stage). (Axi)
Real account trading (real money, not demo) from the start. (Axi)
“Edge Score” is a performance statistic used to evaluate eligibility, progress, and money distribution. (Axi)
Six levels (“Seed”, for example) that allow for a progressive development to more financing, a larger profit share, and more independence. (Axi)

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How It Works and What You Need to Do : Axi Select Review – Prop Trading Funded Trader Program

Here’s an explanation of the route a trader must take in Axi Select.

Register with AxiTrader Limited; you must have an active brokerage account with them. (Axi)
Deposit a minimum of USD 500 into your Axi Select account. (Axi Help Center
Get an Edge Score of at least 50. Only then are you qualified to advance to the first stage (“Seed”). (Axi Help Center
Place a minimum number of trades, keep a minimum number of trading days, and meet other stage conditions (drawdowns, profit objectives, etc.). As you meet the conditions at each step, you will be able to access more capital and a bigger profit share. (Axi)
Once eligible, you will trade with Axi funds in a Allocation account. Profits from the financed part are split, with you keeping the majority (up to 90% depending on stage). (Axi)

Strengths and Positives

Based on what is publicly known, below are the benefits of Axi Select:

Low entry obstacles.: There are no registration or membership fees, making it more accessible. Just a \$500 deposit. (Axi)

Real live accounts: You trade under live circumstances from the start, which helps with realistic risk and psychology. (Axi)
Generous profit share: Up to 90% in certain situations, one of the best splits in property business programs. (Axi)
Large maximum money available: Up to \$1 million allows serious traders to grow. (Axi)
Support and tools: Dashboard with metrics, leaderboard, live trading rooms, instructional material, and more. These may assist boost performance. (Axi)

Weaknesses, Risks, and Things to Watch : Axi Select Review – Prop Trading Funded Trader Program

No program is flawless. Here are some instances where Axi Select may provide issues, or where prospective users should exercise caution:

Deposit Requirement: Although there is no cost, you must deposit USD 500 to begin. That isn’t a big deal, but for some newcomers, it might be a challenge. (Axi)
Rules and criteria might be strict: You must adhere to certain metrics (Edge Score, trade counts, profit objectives, drawdowns). Falling short may result in disqualification or the need to restart. (Axi)
Edge Score not totally transparent: The algorithm or precisely what contributes to it is not fully released publicly, making it difficult for traders to properly prepare or forecast. (Axi)
Geographic restrictions: The program is not accessible in all countries; for example, citizens of Australia, New Zealand, the EU, and the United Kingdom cannot join. (Finance Magnates.)
Psychological stress and consistency demands: Because profit objectives, stage lengths, minimum trade counts, and other requirements are enforced, traders are under pressure to perform consistently. That may be difficult for some.
Criticisms about support and transparency: Some customers have complained about customer service, delays, and account access. There are also bad complaints on sites such as Trustpilot that cite account banning or rule enforcement problems. (Trustpilot)

How It Compares to Other Prop Firms

What distinguishes Axi Select from the crowded sector of sponsored traders and prop firms:

The live account approach is more “real” than many businesses’ assessment methods, which employ demo or simulated funded accounts. It means you have to deal with actual spreads, slippage, and the emotional side of real money risk. (Axi)
There are no registration or membership costs, which sets us apart. Many property businesses charge a challenge or evaluation fee. (Axi)
Competitive with a high fundraising cap (USD 1M) and profit sharing (~90%). (Axi)

Real User Feedback and Concerns

Some users have had success; for example, a trader attained USD 1 million in allotted capital after completing stages and receiving rewards. (Axi)
There are other complaints. For example, one Trustpilot user claimed that after qualifying for a higher stage, their account was banned without warning or violation notification. (Trustpilot)
Because the software is relatively young (it was released in mid-2023), the community is currently testing long-term consistency, stability, and how it handles edge situations.

Who is this program best for : Axi Select Review – Prop Trading Funded Trader Program

Here are the kind of traders that could profit the most from Axi Select—and those who might struggle.

A good match if you are:

Experienced trader with established strategy, risk awareness, and consistency. * Capable of adhering to trade count, minimum days, and drawdown rules without overtrading due to emotions.
Seeking to scale and retain a significant portion of earnings. We’re looking for openness, real account experience, tools, and community support.

Perhaps less appropriate if you are:

An absolute newbie with no steady record. Meeting all stage metrics may be daunting.
Someone who is unable to make the first USD 500 investment or who has the patience to continue through the other stages.
Trader who favors more flexible prop models.
Living in a limited location (e.g., UK, EU, etc.) where Axi Select is not available.

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Conclusion:

Axi Select is an important addition to the prop trader / funded account community. It offers live money trading, no fees to join, high potential capital allocation, and attractive profit splits. It seems to be a viable alternative for disciplined, consistent traders who understand risk and are ready to adhere to rigorous regulations.

However, it comes with the typical caveats: tight requirements, the possibility of disappointment if regulations are accidently broken, regional constraints, and the necessity to work under pressure. If you’re thinking about joining, read the fine print carefully, start with little capital at early stages, and ensure your strategy and risk controls are sound before growing.