Free Funded Trader Program - Forex Funding Trading Account / Axi (2024)

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Axi has launched a capital allocation programme with no registration fees and no monthly fees. 100% FREE

Join Axi Select

Axi has launched a capital allocation programme with no registration fees and no monthly fees. 100% FREE

Join Axi Select

What is Axi Select?

Axi Select is a unique capital allocation programme that was specifically designed to help you succeed as a professional trader. Axi Select offers generous funding up to $1 million USD as part of a structured and fair pathway to help you meet your long-term and most ambitious trading aspirations.
Solidify your trading skills, knowledge and understanding of the markets and embark on your biggest trading journey ever with Axi through Axi Select.

We see the trader in you
with a unique programme

Joining the programme is 100% free and incurs no registration or membership fees*. Axi Select welcomes traders with different abilities, strategies and experiences to make their way to the top through six progressive stages and benefit from profit-sharing up to 90%. We know that finding a capital allocation programme that works can be daunting and therefore have made the process inclusive, fair and transparent.

Free Funded Trader Program - Forex Funding Trading Account / Axi (10)

To increase your chances of achieving your goals, we also offer access to advanced trading tools, technical expertise and analysis, live educational content and a community network of professional traders.
*Standard trading fees apply. For more information, refer to our Terms of Service.

Find your edge with an ‘Edge score’

Performance in the Axi Select programme is measured with a personalised ‘Edge score’, a numerical representation that grants you a comprehensive and distinctive insight into your trading abilities. It uses highly advanced analytics to assess your trading decisions and to help you identify areas of improvement in your trading. Your Edge score is used to assess your funding eligibility; the higher the score the more funding you are eligible to receive as you progress through the trading programme.

How does the Edge score work

The Edge score is a weighted average of three measurable components of trading: Skill, Risk, Consistency and then multiplied by a discount factor depending on your Experience.  

Skill

Measures your ability to generate profits while effectively managing drawdowns.   

Consistency

Reflects your ability to achieve consistent gains, which showcases your understanding of market dynamics.   

Risk

Evaluates your proficiency in managing risks effectively.   

Experience

Assesses whether you meet minimum criteria for displaying credible trading experience.

How do I join Axi Select ?

Joining Axi Select is fast and straightforward. To get up and running with their Edge score, clients must first place 20 closed trades, achieve an Edge score of at least 50, and deposit a minimum of $500 USD to access the six progressive stages: Seed, Incubation, Acceleration, Pro, Pro 500, and Pro M. Existing clients who already have an Edge score of 50 or more and hold a minimum of $500 USD in their Axi Select account (see more about the Edge score below), can immediately progress to the Seed stage and receive up to $5000 USD of funding from Axi.  By meeting the requirements for every stage, clients can gradually build expert professional skills and trade $1 million USD of Axi funds in Pro M.

  • Place 20 closed trades
  • Achieve an Edge score of at least 50 
  • Deposit a minimum of $500 USD

Free Funded Trader Program - Forex Funding Trading Account / Axi (11)

How Axi Select works

Free Funded Trader Program - Forex Funding Trading Account / Axi (12)

Register

Join the programme for free - register for a Live trading account with no signup or membership fees.*
*Standard trading fees apply.

Free Funded Trader Program - Forex Funding Trading Account / Axi (13)

Trade

Deposit at least $500 USD into your account, start trading and achieve an Edge score of at least 50.

Free Funded Trader Program - Forex Funding Trading Account / Axi (14)

Get funded

Receive funding in a separate Allocation account from $5k USD to $1 million USD.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.

Why traders join Axi Select

  • 100% FREE to join – no registration fees or ongoing membership fees
  • Improve your trading with analytics and a personalised ‘Edge score’
  • Trade with Axi's capital and earn up to 90% of the profits you generate
  • Connect with professional traders in an exclusive online trading room

Six stages to success

Axi Select has been designed to provide a clear and structured pathway for traders to follow. Traders begin in the first stage, known as the Seed stage, and advance to higher stages as qualifying criteria is achieved. Each stage offers additional benefits, such as increased amounts of funding and higher profit-sharing percentages. 
For a full list of rewards and qualifying criteria, please refer to the Axi Select Pathway

Free Funded Trader Program - Forex Funding Trading Account / Axi (15)

Free Funded Trader Program - Forex Funding Trading Account / Axi (16)

Free Funded Trader Program - Forex Funding Trading Account / Axi (17)

Free Funded Trader Program - Forex Funding Trading Account / Axi (18)

Free Funded Trader Program - Forex Funding Trading Account / Axi (19)

Get started with the Axi Select glossary

Key Definitions:

  • Maximum Funding: The maximum amount of funding can be allocated in each stage
  • Profit Target (Allocation Account): The minimum profit level you must achieve to qualify for the next stage
  • Your Profit Share: The percentage of profits you are entitled to, based on the total profits earned on trades made using Axi funds
  • Minimum Equity: The minimum amount of equity needed to begin the stage. If you withdraw funds from your account, you must ensure you have this minimum equity to stay in the programme
  • Edge score: The minimum Edge score you must achieve to qualify for each stage
  • Stage Duration (Min Days): The minimum number of days you must spend in the current stage before you can progress to the next stage
  • Trades Per Stage: The minimum number of total trades you must make within the current stage before you can progress to the next stage
  • Max Funding Multiplier: The maximum multiplier available in your Allocation Account for the current stage
  • Maximum Loss: The maximum percentage of losses you are allowed to sustain in the current stage. If your losses exceed the maximum, your account will be placed in Quarantine (see below).Note: Quarantine does not apply to Seed stage. Seed stage can be restarted at any time without penalty, provided you meet the qualifying criteria.

Trade with Confidence and Conviction

Axi Select aims to provide a holistic trading environment, where you can gradually build your skills, and easily track your progress. The goal is to help you naturally grow as a trader with all the right conditions, tools and resources. Here’s what we offer:

  • 100% Free to join 0 Registration fees and no hidden costs*
  • Get up to $1 million USD Earn 90% of profits on $1 million USD of our funds
  • 1:100 Leverage Enjoy higher leverage with an Axi Select account
  • Progress with an Edge score Improve your Edge score to unlock new stages
  • Refer to our Dashboard Track your performance and other traders’ performance with a leaderboard, advanced stats and analytics.
  • Exclusive Trading Room Find your tribe and exchange trading ideas with the help of live analysis and educational videos from professionals.

*Standard trading fees apply.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service.. Standard trading fees apply.

Axi Select - Trade Your Edge

How Does the Axi Select Programme Work?

How to Qualify for the Axi Select Programme?

How to Progress Through the Axi Select Stages?

Axi Select Stages Explained

Frequently Asked Questions

Read Here

Free Funded Trader Program - Forex Funding Trading Account / Axi (2024)

FAQs

Can I get a funded account for forex for free? ›

A free funded Forex account without a deposit implies that traders are granted access to a trading account with pre-loaded funds without the need to deposit their own money. These offers typically come with certain conditions, such as minimum trading volumes, time limitations, or withdrawal restrictions.

Is the funded trader free? ›

We see the trader in you

Joining the programme is 100% free and incurs no registration or membership fees*.

Is Axi Select legit? ›

Axi Select offers a very attractive funding model - $1 million USD top allocation and clients can keep up to 90% of their profits – that's one of the top allocation offerings worldwide, from an award-winning globally recognised, respected, and trusted broker. By joining Axi you don't need to pay a registration fee.

Is funded trader real or fake? ›

Funded trader programs can be a legitimate avenue for traders to access capital and amplify profits. However, like any lucrative opportunity, there are risks.

Is Axi broker legit? ›

Axi is not a scam

Signing up with a fraudulent broker can easily result in you losing your money. The monetary loss can set back your investment plans by years. You can rest assured, Axi is considered reliable as it has multiple top-tier regulation, including FCA in the UK and ASIC in Australia.

What happens if you lose money on a funded forex account? ›

On a funded account, losing a large amount of money does not mean much. Even if it results in losing your funded account, you can still try to pass the evaluation at the same firm again or just join another one. Ultimately, you do not risk much and do not lose much.

Is Axi a prop firm? ›

Axi was the first established broker to launch prop trading services, while OANDA and Hentec Markets followed suit. Interestingly, these brokers offer prop trading services under their offshore entities. OANDA also clarified that it treats its prop trading customers as signal providers.

Do you need a license to be a funded trader? ›

Whether you need a license or certification to be a virtually funded prop trader varies based on the specific firm. You do not need a license or certificate to trade with SurgeTrader. This is the case with many virtual trading prop firms.

What platform does the funded trader use? ›

Funded Trader uses the Metatrader 4/5 platform, which is the most common choice for Traders and Brokers worldwide.

Does axi accept us clients? ›

Axi Client Services

Due to regulatory restrictions, we are unable to offer accounts to prospective traders in some countries/regions, such as residents of the United States of America (US).

How much does axi forex charge? ›

Forex trading costs
Initial margin rateFrom 0.2% or up to 1:500 leverage
Contract size100,000
Lot value per pip$10* per 0.0001
Minimum Tick0.00001*
Min trade size0.01 lots

Can you make money with a funded trading account? ›

Profit Sharing

Funded traders get to keep a percentage of the profits they make with the funded accounts. The amount varies with each prop firm. It's usually a 70/30 or 80/20 split, with the higher amount going to the traders. However, The Funded Trader's split is up to 90/10—you get to keep 90% of the profit.

Are any forex traders legit? ›

In conclusion, forex trading can be a legitimate and profitable form of investment, but it is important to be aware of the potential for scams. By being vigilant and taking the necessary precautions, you can protect yourself from falling victim to a forex scam. Stay informed and stay safe in the world of forex trading.

How long does it take to get payout from the funded trader? ›

Payout Process Overview

Standard, Rapid, Royal, Knight, & Dragon Challenges: 3 to 5 business days from request. King's Program: 2 business days from request.

Is it free to open a forex account? ›

How much money do I need to open an account? The minimum initial deposit required is at least $100. However, we recommend you deposit at least $2,500 to allow you more flexibility and better risk management when trading your account.

Is forex funded account worth it? ›

There are several advantages to using a funded account in forex trading: Risk Mitigation: By using someone else's capital, traders can limit their personal financial risk. They can focus on honing their trading skills without the fear of losing their own money.

Can I start forex trading for free? ›

Yes, you can learn forex trading on your own, and Ava Academy's free online courses provide a valuable starting point. With the flexibility to learn at your own pace and a range of educational materials available, you can tailor your learning experience to your needs and progress at a pace that suits you.

How much do you need to fund your forex account? ›

For equity securities, brokers usually offer a 2:1 leverage to investors. On the other hand, forex traders are offered between 50:1 and 200:1 leverage. This means that traders need to deposit between $250 and $2,000 to trade positions of $50,000 to $100,000.

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