Funded trading has become a
ubiquitous offering in the retail space, helping empower traders of all levels
of expertise. With more opportunities than ever before, many traders are opting
to join funded trading programs, necessitating the need for reliable providers.
Finance Magnates checked in with Axi Select for their take on its growing free
funded trader program.
The Axi group through the Axi
Select program provides funding and a structured pathway for traders to reach
their trading potential, while giving skilled traders a genuine platform to
become professional traders and forge careers. Greg Rubin- Head of Axi Select outlined
the group’s goals and program structure in an interview below.
Thanks for taking the time to
speak with us, let’s dive right in. I think we can all agree there is no
one-size-fits-all-approach to a trading journey. What advice do you have for
novice traders just looking to enter the retail space?
Consistency always trumps over big wins. Its best for new
traders to use a demo or low-risk live account to understand their edge. Nobody
needs to stop learning ever and we can all continue to do so for the rest of
our lives. We always encourage traders to treat this as a long-term
professional journey — not a get-rich-quick scheme.
To this point, are there any
pitfalls or traps newer traders should be cognizant of when embarking on this
experience?
Absolutely. Some basic things stick out as recurring
tendencies and should be avoided. This includes overleveraging, chasing the
market, and ignoring risk management. Each of which can be classified as the
most common traps. Unfortunately, many new traders also fall for expensive “get
funded quick” prop schemes with unrealistic expectations.
At Axi , with the Select program, our goal is to guide
traders with structure and transparency. We also provide tools like the Edge
Score — a proprietary system that helps traders understand their strengths and
weaknesses. The better the score, the more consistent and potentially
profitable the trader becomes. It’s a long-term framework built to help traders
grow sustainably.
Empowering traders has
certainly been one of Axi Select’s core mandates. In what ways is the company
democratizing the route to becoming a professional trader?
Axi Select removes the usual barriers and engenders every
trader with the power to succeed. There are no upfront costs, no evaluation
phases, and traders keep up to 90% of their profits. We offer real capital to
real traders to trade live markets, not simulations. If you show consistency,
we back you with funding — simple as that.
How does Axi Select help
mitigate or avoid inherent risks in traditional prop trading?
Unlike many traditional prop firms, Axi Select is a capital
allocation program, backed by a regulated broker. Traders can be assured of fund allocation and
profit payout once the program conditions are met. We don’t charge sign-up
fees, and traders trade their own strategies in live market conditions with
full transparency. It’s about alignment and sustainability.
What gap does prop trading fill compared to traditional
retail trading? In what ways is Axi Select a better option for traders compared
to other firms out there?
Access to capital has been the bane of retail traders. Prop
firms or capital allocation programs have since stepped in to fill that void
albeit not effectively. Axi Select gives retail traders the best of both
worlds. The benefit of a brokerage platform with access to scale funding up to
$1M and up to 90% profit payouts . All this without registration fees or
restrictive market conditions. We focus on growth , trading skill development
and support — not quick churn.
So, what impact has Axi Select made since its launch?
We’ve seen incredible momentum with thousands of traders on
the program. We have paid out over $5.6M+ since launch as profit to our
traders. Three traders have already reached the Pro-M stage — managing capital
allocations of $1 million US dollars each. And we’re just getting started!
We’ve also got a 22-yr old trader who recently made it as the 3rd
trader since launch to access up to $1M in funding. We continue to support
thousands of traders to develop real skills to harness the opportunity in the
market.
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