In this article, we will discuss abot Axi Select, a funded accounts service offered by the Forex and CFD broker Axi, designed to assist experienced traders in succeeding in the markets. Axi Select is a unique and comprehensive capital allocation program. The company provides funding and a structured, fair pathway for traders to reach their potential as investors, ultimately offering skilled traders a genuine platform to become professional traders and build their careers in the markets.
Introduction
It is very common in the trading industry for aspiring traders to be unable to reach their full potential due to lack of funding. After all, trading is a risky activity, and many do not want to risk capital they cannot afford to lose.
Or traders, despite their aspirations, face obstacles that hinder their ability to operate with their competitive advantage. Such obstacles may include high registration fees or difficulties in accessing valuable education resources, or suitable trading tools.
Axi’s new funded accounts service, Axi Select, was created with all these shortcomings in mind.
This comprehensive capital allocation program is specifically designed to empower traders and facilitate their progression towards professional trading.
You can find more information about the online broker Axi and its trading services in the following guide: Axi Broker Review
What makes Axi Select interesting for experienced traders?
As a capital allocation program, Axi Select offers traders a fair and structured pathway to access funding of up to $1,000,000 (USD) and numerous exceptional benefits, such as no registration fees and the ability to retain up to 90% of their profits.
Additionally, the program provides a variety of standout tools and features, including:
- Unrestricted trading conditions
- A personalized Edge Score. The Edge Score is a numerical representation that gives traders a comprehensive and distinctive insight into their trading skills. It allows them to assess and fine-tune their strategies and trading decisions, identify areas for improvement, and enhance their performance.
- An exclusive trading room serving as a dedicated hub, offering real-time market updates, curated educational content, and the ability to interact with other traders and exchange investment ideas.
- A dashboard to track one’s own performance and that of other traders, featuring a leaderboard, advanced statistics, and analysis.
While many trading companies currently offer funded accounts services, Axi is the first regulated online broker to provide this service, alongside its traditional brokerage account offering.
Stages of the Trader Accreditation Process in Axi Select
Axi Select has been meticulously designed to provide traders with a clear and structured pathway for their career in the markets:
The stages defined by the program are as follows:
- Seed
- Incubation
- Acceleration
- Pro
- Pro 500
- Pro M
The first stage is known as the Seed stage, from which traders can progress to higher stages as they meet specific qualifying criteria.
To qualify for the Seed stage, traders must meet two criteria:
- Achieve an Edge Score of 50 or higher
- Have a minimum capital of $500 in their Axi Select account.
To achieve an Edge Score, new traders must complete 20 closed trades, while existing Axi clients can directly enter the Seed stage if any of their accounts already have an Edge Score of 50 or more and a capital of $500 or more deposited in their newly assigned Axi Select account.
To progress to the second stage, the Incubation stage, traders are required to have a minimum capital of $1,000 in their Axi Select account;
To advance to the Acceleration stage, traders must have a minimum capital of $2,000 in their Axi Select account.
Essentially, each stage represents a significant milestone in the trader’s progression, requiring not only certain prerequisites but also offering additional benefits, such as unlocking access to higher amounts of funding, higher profit-sharing percentages, and more.
When traders reach the Pro M stage, they potentially can receive up to $1,000,000 USD in maximum funding from Axi.
What is Axi Select’s Edge Score and what does it calculate?
The Edge Score is a unique metric developed by Axi to measure traders’ performance.
It serves a dual purpose within the Axi Select program:
- Evaluating traders’ market performance for their progression in the Axi Select program.
- Assisting the trader in their market career by analyzing areas of improvement and providing valuable insights on how to enhance their investment skills.
The score uses a sophisticated algorithm and takes into account various factors related to the trader’s market activity:
- Skill: Measures a trader’s ability to generate profits while managing drawdowns.
- Risk: Measures a trader’s ability to effectively manage risk.
- Consistency: Measures a trader’s ability to produce consistent profits and demonstrate an understanding of market dynamics.
- Experience: Evaluates whether a trader meets minimum criteria to show credible trading experience.
Who is Axi Select for?
As a versatile program, Axi Select is designed to meet the needs of a wide range of individuals from the financial and trading industry. The program is ideal for traders aspiring to become long-term and ambitious investors, such as:
- Traders looking to develop careers as professional investors in the markets with additional capital and advanced trading tools.
How does Axi Select work?
Traders or entities wishing to join Axi Select can do so easily and hassle-free.
- Registration: Traders can join Axi Select without registration or monthly membership fees.
- Trading: Traders can start trading, and once they meet certain criteria, they can qualify to receive capital funding.
- Funding: Once certain criteria are met, traders can receive capital funding, ranging from $5,000 USD to $1,000,000 USD.
The Axi Select program is active and aims to make a significant impact on the trading industry.
With its ongoing commitment to providing advantages to its traders, Axi encourages traders to turn their professional ambitions and aspirations into reality.
You can find more information about the Axi Select funded accounts program and open an account to start participating on the company’s website through the following link:
