Axi Select
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- Regulated broker with proven track record
- Funded accounts up to $1 million
- Keep 90% of your profits earned
- Flexible trading rules and conditions
- Fast evaluation process for skilled traders
# Axi Select Review – Comprehensive Prop Trading Firm Analysis
Company Overview
Axi Select is the proprietary trading program offered by Axi, a globally regulated and award-winning broker with over a decade of experience in the financial markets. Launched to provide talented traders with access to substantial capital, Axi Select combines the credibility of an established brokerage with the opportunity to trade funded accounts. The program offers traders the chance to prove their skills through structured evaluation phases and earn up to 90% of the profits they generate.
What sets Axi Select apart is its backing by a fully licensed broker operating under strict regulatory oversight in multiple jurisdictions. This provides traders with added confidence and security. The program features flexible account sizes, competitive profit splits, and transparent trading rules designed to identify consistent, disciplined traders. Whether you’re just starting your funded trading journey or you’re an experienced trader seeking reliable capital allocation, Axi Select provides a professional pathway to demonstrate your trading abilities and scale your income potential.
Key Features at a Glance
Challenge Fees
- $10,000 Account – Starting at $99 for the Standard Challenge, providing an affordable entry point for new traders
- $25,000 Account – $249 for Standard Challenge, offering a balanced mid-tier option with substantial capital
- $50,000 Account – $449 for Standard Challenge, suited for traders ready to manage larger positions
- $100,000 Account – $799 for Standard Challenge, designed for experienced traders seeking maximum allocation
- Professional Challenge – Higher fee structure with more lenient rules and longer evaluation periods for experienced traders
Account Types
- Standard Challenge: A two-phase evaluation program with clearly defined profit targets and risk parameters, ideal for traders who want straightforward rules and faster progression
- Professional Challenge: Features extended time limits and adjusted trading conditions, perfect for traders who prefer a more flexible approach with less pressure on minimum trading days
- Live Funded Account: The final stage where successful traders receive real capital allocation and begin earning their profit splits on live market conditions
Profit Split Options
- 80/20 Split: Traders receive 80% of profits generated, with Axi Select retaining 20% – the standard starting split for all funded traders
- 90/10 Split: After demonstrating consistent profitability and meeting specific milestones, traders can upgrade to keep 90% of their profits, maximizing their earning potential
- Scaling Opportunities: Successful traders can increase their capital allocation over time, allowing for higher absolute profit amounts while maintaining favorable split ratios
Account Sizes
- $10,000 Account: Entry-level option perfect for beginners to learn the evaluation process with manageable risk and lower entry fees
- $25,000 Account: Popular mid-tier choice offering a balance between affordability and meaningful profit potential for developing traders
- $50,000 Account: Substantial capital allocation for traders with proven strategies who want to increase their earning potential significantly
- $100,000 Account: Maximum initial allocation providing experienced traders with significant capital to demonstrate their capabilities at scale
- Scaled Accounts: Traders can potentially access accounts exceeding $200,000 through the scaling program based on consistent performance
Trading Platforms
- MetaTrader 4 (MT4): The industry-standard platform known for its reliability, extensive technical indicators, and support for automated trading through Expert Advisors
- MetaTrader 5 (MT5): The advanced version offering additional timeframes, more technical indicators, an economic calendar, and improved backtesting capabilities
- Mobile Trading Apps: Full-featured iOS and Android applications allowing traders to monitor positions, execute trades, and manage accounts on the go
- WebTrader: Browser-based platform requiring no downloads, providing instant access to trading functionality from any device with internet connectivity
Financial Markets
- Forex: Over 60 currency pairs including majors, minors, and exotics with competitive spreads and leverage options
- Indices: Trade major global stock indices including US500, US30, GER40, UK100, and more with tight spreads
- Commodities: Access to popular commodities including Gold, Silver, Crude Oil, and Natural Gas
- Cryptocurrencies: Trade major cryptocurrency pairs including Bitcoin, Ethereum, and other digital assets against fiat currencies
- Metals: Precious and industrial metals trading with flexible position sizing
Challenge Programs Detail
Standard Challenge
| Challenge Phase | Verification Phase |
|---|---|
| Unlimited (No time limit) | Unlimited (No time limit) |
| 10% | 5% |
| 5% | 5% |
| 10% | 10% |
| 5 days | 5 days |
Professional Challenge
| Challenge Phase | Verification Phase |
|---|---|
| Unlimited (No time limit) | Unlimited (No time limit) |
| 8% | 4% |
| 4% | 4% |
| 8% | 8% |
| None | None |
Challenge Specifications
- Max Allocation: Traders can start with up to $100,000 and scale to over $200,000 through the progressive scaling program based on consistent profitable performance
- Scaling: Automatic scaling plan activates after traders achieve specific profit milestones, allowing capital increases and enhanced profit splits up to 90/10
- Trading Competitions: Periodic contests offering prizes, account upgrades, and recognition for top-performing traders within the Axi Select community
- Free Trial: Demo accounts available for practice, allowing traders to familiarize themselves with the platform and rules before purchasing a challenge
- Profit Targets: Clearly defined and achievable targets – 10% for Standard Challenge Phase 1, 5% for Phase 2, with lower targets for Professional Challenge providing flexibility
- Drawdown Structure:
- Daily: Maximum 5% loss per day (4% for Professional Challenge) calculated from the starting balance at 00:00 server time, resets daily
- Maximum: Overall account cannot drop more than 10% below starting balance (8% for Professional Challenge) at any point during evaluation
- Trailing: After reaching certain profit thresholds in the funded account, maximum drawdown trails your highest balance, protecting your gains
Trading Rules and Requirements
- No Copy Trading Allowed: All trades must be executed manually or through your own Expert Advisors; copying signals from third-party services is prohibited
- Consistency Rule: No single trade should represent more than 40% of total profits to ensure sustainable trading strategies rather than lottery-style approaches
- Minimum Trading Days: Standard Challenge requires at least 5 trading days in each phase; Professional Challenge has no minimum trading day requirement
- News Trading Permitted: Traders are allowed to trade during major news events without restrictions, providing full trading flexibility
- Weekend Holding Allowed: Positions can be held over weekends without penalty, accommodating swing trading strategies
- Expert Advisors (EAs) Permitted: Automated trading systems are allowed, but must follow all other trading rules including consistency and drawdown limits
- Hedging and Scalping: Both strategies are permitted, giving traders freedom to implement their preferred trading methodologies
- One Account Rule: Traders can hold multiple accounts but cannot trade them simultaneously to avoid conflicting strategies or risk multiplication
Company Information
- Established Brand: Axi has been operating since 2007, providing over 15 years of proven track record in the financial services industry
- Global Regulation: Licensed and regulated by top-tier authorities including FCA (UK), ASIC (Australia), and DFSA (Dubai), ensuring operational transparency and client protection
- Award-Winning Broker: Multiple industry awards for trading conditions, customer service, and platform reliability from independent review organizations
- Headquarters: Primary operations based in Sydney, Australia, with additional offices in London, Dubai, and other financial centers globally
- Company Mission: Dedicated to providing traders worldwide with access to capital and professional trading opportunities while maintaining institutional-grade standards
- Trader Support: Dedicated support team available 24/5 via live chat, email, and phone to assist with technical issues and program questions
- Educational Resources: Comprehensive library of trading education materials, webinars, and market analysis to support trader development
Payout Methods
- Bank Wire Transfer (3-5 business days) – Traditional method suitable for larger amounts with no maximum limits
- Credit/Debit Card (1-3 business days) – Fast processing for Visa and Mastercard holders up to original deposit amounts
- Skrill (Instant to 24 hours) – Popular e-wallet option providing quick access to funds with low fees
- Neteller (Instant to 24 hours) – Another efficient e-wallet solution with rapid processing times
- PayPal (1-2 business days) – Convenient option for traders preferring this widely-used payment platform
- Cryptocurrency (Variable timing) – Digital currency withdrawals available for Bitcoin and select altcoins depending on network conditions
- Payout Frequency: Traders can request withdrawals on-demand once profit targets are met, with no mandatory waiting periods after the first payout
Trading Commissions
- Forex Pairs: Competitive spreads starting from 0.0 pips with transparent commission structure of $3.50 per side per standard lot on major pairs
- Indices: Low commission rates applied per trade with tight institutional-grade spreads, varying by specific index
- Commodities: Commission-free trading on most commodities with costs built into competitive spreads
- Cryptocurrencies: No additional commission; all costs reflected in the spread between buy and sell prices
- No Hidden Fees: All trading costs are transparent and clearly displayed on the platform before trade execution
- Swap Rates: Competitive overnight financing rates applied to positions held beyond daily rollover time, displayed in the platform specifications
IP Rules
- Single IP Policy: Each trader account should primarily be accessed from one consistent IP address to prevent suspicious activity
- VPN Usage: Virtual Private Networks are generally discouraged but may be used if disclosed to support team in advance with valid reasoning
- Travel Exceptions: Traders traveling to different locations should notify support to avoid account flags when IP addresses change legitimately
- Multiple Account Access: Trading multiple accounts from the same IP address may trigger review to ensure no rule violations or coordination between accounts
- Security Monitoring: Axi Select monitors IP activity to protect against fraud and unauthorized account access, ensuring program integrity
- Geographic Restrictions: Service may be restricted in certain jurisdictions due to regulatory requirements; check eligibility before purchasing
Video Review
Axi Select Review
Comprehensive review of Axi Select trading services
Unique Features
Regulatory Credibility
- Backed by Fully Licensed Broker: Unlike standalone prop firms, Axi Select is operated by an established, multi-regulated broker with strong financial backing
- Institutional Infrastructure: Access to genuine institutional liquidity providers and banking relationships through the parent company
- Financial Security: Client funds and operations protected under strict regulatory capital requirements and segregation policies
- Transparent Operations: Regular audits and compliance oversight provide additional layer of trader protection and confidence
Flexible Challenge Options
- No Time Limits: Unlike many competitors, Axi Select offers unlimited duration for both evaluation phases, reducing pressure on traders
- Professional Track: Alternative challenge structure with lower targets and no minimum trading days for experienced traders who prefer flexibility
- Customizable Account Sizes: Wide range of starting capitals from $10,000 to $100,000 to match different risk tolerances and experience levels
Advanced Trading Freedom
- News Trading Allowed: Full permission to trade during high-impact economic releases without restrictions
- Weekend Holdings: Swing traders can maintain positions over weekends to capitalize on longer-term setups
- EA-Friendly Environment: Automated trading strategies fully supported with professional execution infrastructure
- Multiple Asset Classes: Diversification across forex, indices, commodities, and cryptocurrencies within a single funded account
Scaling and Growth Potential
- Progressive Account Growth: Clear scaling plan that rewards consistent performance with capital increases
- Enhanced Profit Splits: Opportunity to increase profit share to 90/10 through demonstrated profitability
- Multiple Account Potential: Successful traders can manage multiple funded accounts simultaneously to multiply earning potential
- Long-Term Partnership: Axi Select focuses on building lasting relationships with successful traders rather than one-time evaluations
Why Choose Axi Select?
Axi Select stands out in the crowded proprietary trading industry by combining the credibility of an established, regulated broker with trader-friendly evaluation conditions. This unique positioning offers significant advantages for both new and experienced traders seeking funded trading opportunities.
Key advantages include:
- Regulatory Peace of Mind: Unlike many prop firms operating without oversight, Axi Select benefits from the parent company’s multi-jurisdiction licensing, providing traders with confidence that payouts and operations are legitimate
- No Time Pressure: Unlimited duration for both challenge phases removes the artificial stress many programs impose, allowing traders to demonstrate consistent profitability at their own pace
- Genuine Trading Conditions: Access to true institutional-grade execution through established broker infrastructure rather than simulated environments
- Flexible Trading Rules: Permission for news trading, weekend holdings, and EAs provides freedom to implement various legitimate strategies without excessive restrictions
- Professional Support: Benefit from the customer service infrastructure of an established broker, not a startup operation
- Transparent Fee Structure: Clear, upfront pricing with no hidden costs or surprise charges during the evaluation or funding process
- Scalability: Well-defined path to growing capital allocation and profit share percentage through consistent performance
- Multiple Asset Classes: Diversification opportunities across forex, indices, commodities, and crypto within funded accounts
- Proven Track Record: Backed by a company with 15+ years of financial services experience, not an untested startup
- Educational Support: Access to quality trading resources and market analysis from an established financial education team
Frequently Asked Questions
How long does it take to get funded?
The timeline depends entirely on your trading performance. With no time limits on either the Challenge or Verification phases, you could potentially qualify in as little as 10-15 trading days if you meet the profit targets and minimum trading day requirements. However, most traders take several weeks to a few months to successfully complete both phases while maintaining proper risk management. Once you pass the Verification phase, your funded account is typically activated within 1-2 business days.
Can I hold positions over the weekend?
Yes, Axi Select permits weekend holding of positions without any penalties or restrictions. This makes the program suitable for swing traders who base their strategies on longer-term setups that may span multiple days. However, be aware that markets can gap at the open due to weekend news, so proper risk management is essential when holding positions through the weekend.
What happens if I break a rule?
If you violate any of the trading rules (such as exceeding daily or maximum drawdown limits, failing the consistency rule, or engaging in prohibited activities like copy trading), your challenge account will be terminated immediately. You will need to purchase a new challenge to continue. However, Axi Select provides clear rule documentation and real-time monitoring dashboard so you can track your compliance status. In the funded stage, rule violations may result in account suspension pending review.
Can I trade news events?
Absolutely. Axi Select places no restrictions on trading during high-impact news releases or economic events. This is a significant advantage over many prop firms that prohibit news trading. You’re free to implement strategies that capitalize on volatility during major announcements like NFP, FOMC, or central bank decisions. Just ensure you manage the heightened risk appropriately within your drawdown limits.
How often can I withdraw profits?
Once you’ve received your first profit share (which can be requested after reaching your first profit target in the funded account), you can request withdrawals on-demand without mandatory waiting periods. Many traders choose to withdraw profits bi-weekly or monthly, but the frequency is entirely your choice. Processing times vary by payment method, ranging from instant (for e-wallets) to 3-5 business days (for bank wires). There are no fees charged by Axi Select for withdrawals, though your payment provider may apply their own processing fees.
Are Expert Advisors (EAs) allowed?
Yes, automated trading through Expert Advisors is fully permitted on Axi Select accounts. Your EA must comply with all other trading rules including drawdown limits and the consistency requirement. High-frequency scalping EAs are allowed, though you should be aware of the commission structure. Axi Select’s infrastructure can handle algorithmic trading effectively given the parent company’s institutional-grade technology. However, ensure your EA doesn’t engage in prohibited strategies like exploiting platform delays or coordinating between multiple accounts.
What is the consistency rule?
The consistency rule states that no single trade can represent more than 40% of your total profits during the evaluation phases. This rule is designed to ensure traders are demonstrating sustainable, repeatable strategies rather than getting lucky with one large position. For example, if you’ve made $1,000 in total profits, no individual trade should have contributed more than $400 to that total. This encourages proper risk management and diversification of trading opportunities. The rule is clearly tracked in your dashboard so you can monitor compliance in real-time.
Can I have multiple accounts?
Yes, successful traders can hold multiple Axi Select funded accounts to scale their earning potential. However, you cannot trade multiple accounts simultaneously to prevent conflicting strategies or coordinated trading that might circumvent risk rules. You can purchase multiple challenges at different account sizes and work through them at different times. Once funded on multiple accounts, you should have clear separation in your trading approach for each account.
