Axi select

Axi Select is a broker-backed capital allocation program from Axi that funds traders through a score-based pathway rather than a traditional paid challenge. Eligible clients trade on an Axi live account, build an Edge Score from real performance, and receive allocations in a separate Axi-funded Allocation Account that mirrors their trades by a multiplier. Allocations scale from $5,000 at entry to as much as $1,000,000 at the top stage, with profit shares that rise as you progress.

Axi, founded in 2007 and headquartered in Sydney, operates multiple entities globally; the Axi Select program itself is offered to clients of AxiTrader LLC (SVG). Joining is free: there are no sign‑up or monthly fees, but standard Axi trading costs (spreads/commissions/swaps) apply on your live account during qualification and beyond.

Progression is driven by the Edge Score—an analytics model combining Skill, Risk, Consistency and an Experience factor. Once minimum criteria are met (including a $500 deposit and at least 20 closed trades to obtain an initial Edge Score of 50), traders enter the staged pathway (Seed → Pro M). Each stage specifies minimum equity, trade count, a fixed maximum loss limit on the Allocation Account, and the applicable profit split.

Who is it best for? Axi Select tends to suit disciplined swing/day traders willing to build a verified track record on a live account, who prefer a no‑fee, rules‑based scaling route and can manage a hard maximum loss on the Allocation Account while aiming for steady monthly payouts.

Transparency and operational clarity are central to Axi Select’s model. Rules, stage requirements, drawdown calculations, payout timing, instruments copied to the Allocation Account, and restricted behaviors are documented on the official site and Help Center. Payouts are credited monthly to the trader’s Axi account once conditions are met, and the Allocation Account resets to the original funding level after payout.

Broker and Market Access

Axi Select runs within the Axi brokerage ecosystem and is offered to clients of AxiTrader LLC (SVG). Traders operate a live Axi account (MT4/MT5), while an Allocation Account funded by Axi mirrors eligible trades using a stage multiplier. The Help Center provides the asset coverage that is eligible to be copied into the Allocation Account (e.g., all Forex and indices; selected metals, energy, crypto, and mega-cap US shares).

Trustworthiness

Axi publishes pathway tables, risk limits, and payout rules, and provides a support escalation route through the Client Portal. While Axi operates multiple global entities, the Axi Select program is available specifically to AxiTrader LLC clients and should not be described as a regulated investment product. Traders should review Axi’s legal documents, product schedules, and the Select Help Center before joining.

Axi Select does not use paid 1‑step/2‑step challenges. Instead, traders qualify and scale through six stages based on an Edge Score and stage criteria. Entry requires: minimum $500 deposit, at least 20 closed trades, and an Edge Score ≥ 50. An Axi-funded Allocation Account then mirrors eligible trades by a multiplier. Profit share and maximum funding increase with each stage.

Notes: The maximum loss is calculated on the Allocation Account from the initial allocation at the start of the stage and is based on unrealized P&L in real time. Monthly payout eligibility requires the Allocation Account to exceed the original Axi funding at month-end with no open positions. There are no evaluation fees and thus no fee refunds.

Trading Rules (Funded/Allocation Account)

• Maximum Loss: −7% of the initial allocation on Seed through Pro 500; −10% at Pro M. Calculated in real time on unrealized P&L from the Allocation Account’s initial stage balance.
• Profit Target: 7% on Allocation Account for Seed through Pro 500 to complete the stage; none at Pro M.
• Payouts: Monthly; Allocation Account must be above original funding and flat (no open positions) at month-end.
• Quarantine: If the max loss is hit in Incubation/Acceleration, a 7‑day quarantine applies (subject to re‑meeting criteria). Seed and Pro stages have no quarantine—breach results in program removal.

Trading Restrictions

• Copy trading in any form inside Axi Select is prohibited.
• Use of unauthorised or third‑party Expert Advisors for automated execution is prohibited.
• HFT/latency‑arbitrage or behavior aimed at gaming stage metrics (e.g., synthetic hedges only to meet trade counts) can lead to removal.
• Minimum stage trade counts and minimum calendar days must be met before progression.

Leverage Structure

• Account-level leverage up to 100:1 on most stages; Seed shows up to 1000:1 on the Select account table. Actual product leverage can vary by instrument, platform, and region (MT4 sets leverage at account level; Axi’s mobile platform sets leverage at product level).

Axi Select allows trading across a broad instrument set on the trader’s Axi account, but only certain symbols are copied into the Allocation Account. This distinction matters because payouts and risk limits are tied to performance of the Allocation Account.

• Forex: All Forex pairs are eligible for copying.
• Indices: All index CFDs are eligible for copying.
• Precious Metals: Gold (XAU) and Silver (XAG) are eligible; other metals are not copied.
• Commodities (Energy): UK Oil and US Oil are eligible; other commodities are not copied.
• Cryptocurrencies: Only BTCUSD and ETHUSD are copied; other crypto symbols are not copied.
• Shares (CFDs): Specific large-cap US tech names are eligible (AlphabetC+, Amazon+, Apple+, Meta+, Microsoft+, Netflix+, Tesla+); other equities are not copied.
• Futures: Index futures are eligible; other listed futures (e.g., Brent, WTI, Cocoa, Coffee, Copper, Nat Gas, Soybean) are not copied.

The eligible set ensures liquidity and consistency for mirrored execution in the Allocation Account; traders can still trade other symbols on their own account, but non-eligible instruments won’t impact allocation performance or payouts.

The core of Axi Select is its structured, rules-based scaling framework anchored by the Edge Score and a transparent stage table. The program integrates with Axi’s trading infrastructure and adds tools and resources intended to help traders improve and monitor performance.

• Edge Score Analytics: A weighted model combining Skill, Consistency, Risk, and an Experience factor to determine stage eligibility and progression. It emphasizes risk-adjusted returns and trading discipline rather than one-off gains.
• Allocation Account with Multiplier: Once qualified, eligible trades are mirrored from the trader’s Axi account into an Axi-funded Allocation Account using a stage-specific multiplier (e.g., x10 at Seed). This structure translates a trader’s edge into scalable notional size while capping risk with a fixed maximum loss.
• Stage-Based Scaling: Six progressive stages (Seed → Pro M) with increasing maximum funding ($5k → $1m) and rising profit shares (0% → 80%).
• Monthly Payout System: When the Allocation Account ends the calendar month above its original funding and is flat, a performance fee (profit share) is credited to the trader’s Axi account at the start of the new month.
• Education and Community: The program highlights an exclusive trading room, live analysis, and performance dashboards/leaderboards to benchmark and support trader development.
• VPS Option: VPS usage is permitted for stability; Axi additionally offers a free VPS program for clients who meet activity criteria.

Together, these features create a pathway for methodical growth with clear risk guardrails and documented payout mechanics.

Evaluation Fees

There are no Axi Select registration or monthly fees. Traders trade their own Axi live account to qualify and progress; standard brokerage costs apply throughout.

Trading Commissions

Costs depend on the Axi account type linked to Axi Select. A Standard account is spread-only; Pro/Premium accounts use raw spreads plus commission. Axi’s Help Center specifies that Pro accounts charge approximately $3.50 per lot per side ($7 round‑turn) on MT4/MT5, which is typical for raw‑spread models. Spreads and commissions can vary by instrument, liquidity, and region—check Axi’s account pages and product schedules for current details.

Swap/Holding Costs

Overnight financing (swaps) applies per Axi’s product schedule when positions are held past rollover, except on approved swap‑free (Islamic) accounts available only in eligible regions. Axi notes a holding‑fee policy for certain swap‑free assets after a grace period; review the latest swap‑free notices and eligibility rules before opting in.

Refund Policy

Since there is no evaluation fee, there is no fee refund mechanism. Payouts are performance‑based and credited monthly when Allocation Account criteria are met.

Profit Split

Profit share increases with stage: 0% (Seed), 40% (Incubation), 50% (Acceleration), 60% (Pro), 70% (Pro 500), and 80% (Pro M). The split is applied to net profits generated in the Allocation Account relative to the original Axi funding for that month.

Payout Eligibility

• At the end of the calendar month the Allocation Account must be above the original funding amount.
• No open Allocation Account positions at the month-end cut‑off.

Payout Schedule

Eligible performance fees are credited to the trader’s Axi Select account at the start of the following calendar month. After payout, the Allocation Account resets to the original funding level.

Payment Methods

Once payouts are credited to the trader’s Axi account, withdrawals are requested through the Client Portal. Available withdrawal methods vary by country and can include international bank transfer, e‑wallets (e.g., Skrill/Neteller/PayPal where supported), and selected cryptocurrencies (region‑dependent). Withdrawals generally must be returned via the original funding method in line with Axi’s AML/KYC policies.

Other Considerations

Mid‑month withdrawals from the trader’s Axi Select account can affect stage status and forfeiture of that month’s profit share if made after any trade is opened that month; review the SOP for timing best practices (e.g., withdraw after payout and before placing the first trade of the new month).